Man, any Greta meme will make my day. The most epic I've seen so far is the one below. Wow, just WOW! |
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[ ... ]
Give that fucking drunk another.  #nohomoI agree with everything that you say, except that I really doubt that we are going to get to perma-6-digits until perhaps after the 2024 halvening. Call me a fud dud.. but we could reasonably have bottom testings, after peaking in 6-digits in the $30k to $60k range.. any of those kinds of corrections, even though extreme, would be within reasonable expectations given bitcoin's already known history and the passion that bearwhales have historically shown to be ready, willing and able to push BTC prices down for as low and as long as they are able to accomplish.. No, thanks, not another one! I don't get drunk very often, I guess yesterday was one of those nights... And it seems the effect is still present, seeing that I can't even post properly... (!) My rainbow post is super-bullish, I know... I may be off by a few years, but I do believe it will happen. McAfee may have missed one digit in his prediction, he can keep his dick, it wouldn't taste so good anyway. (#nohomo). Wait, no, he didn't miss one digit, he just skipped a few years. Onwards & upwards! GTCTTWW. HoDL. |
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What was the price at this sort of time before the halving in 2016, I can’t remember?
Around $400-$500 No, wait, around $600-$700 one month before the halving (july) ...and it doubled in New Year 2017, [  ] ...and it went 5x mid-2017, [ ] ...and it went 40x (ATH) end-2017, [  ] ...and is now 10x of what it was pre-2016-halving. Nice and healthy. [  ] Back-To-The-FutureTM translation:Pre-halving 2020 (now): $6,000 [ ] Doing OK. New Year 2021: $12,000 [  ] Getting there... Mid-2021: $30,000 (ATH) [  ] Carolina looking sexy! You dirty thing! End-2021: $240,000 $100,000 (ATH), [ ] Nice and steady. <--- @mindrust BE THERE !!!2022 onwards: Perma-6-digits, lots of debauchery, some will die of too much hookers 'n' blow, good for us, BTC more scarce! Sorry for the peacock/rainbow post (#nohomo)... Tried to be creative with the BB-Code forum thingy... Couldn't believe how it came out. It's DOS ANSI shit all over again! ...and i'm drunk too...fuck covid-19... |
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Hey WOs! Too many pages, too little time... In lurking mode lately. At work they have asked me to use the 3D printer in my R&D lab to print protection equipment for COVID-19. Having mixed feelings about this. Not quite sure how practical it will be, or whether it's just a "we helped eliminate COVID-19" PR stunt. Have any of you done any similar thing using a 3D printer? Any suggestions? I've heard good things about this (in combination with a normal mask): https://www.prusa3d.com/covid19/ |
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@JJG: I just love it when you include numbers in your posts. Thanks!
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WaTLWaTIWaOT
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Come back to it in 2-3 years from now and enjoy the near-order-of-magnitude profits.
I agree with your sentiment, but any investment should be a minimum of 8-10 years holding, if not much longer. Thinking 2-3 years outlook will cut it is the problem with most people's mindset about investing. Hell, a bear market in anything could easily last 3-4 years. Yeah, agreed, perhaps at least one Halving period. Fact is that I have never ever been at a loss since I bought my first Bitcoin in 2015. Never ever. Always in profits, sometimes really huge, others not so huge, but far greater than any other traditional investment could have given me. |
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[...]
Waiting for a double price from here is gambling. I am fucking done with gambling.
[...]
When it comes to bitcoin, I can't be sure about anything.
[...]
As much as I respect you for your openness to share the particulars of your Bitcoin activity and recent selling of your coins, I must say that I disagree 100% with your two statements above. Bitcoin is NOT gambling. And you CAN be almost certain about many things about it. Reading your recent comments, I think you are approaching it in the wrong way... Many WOs will strongly disagree with me, but my suggestion to you is to GO ALL-IN NOW, buy all that you can afford NOW and WAIT IT OUT. Stop watching the price (difficult, I know). Come back to it in 2-3 years from now and enjoy the near-order-of-magnitude profits. $50 a week is not going to cut it I'm afraid. There. I said it. Edit: PS: If I had followed my own advice above, and had gone all-in when I first entered the Bitcoin space in 2015, I would now be FUCK YOU FILTHY RICH. It's painful to even think about it. Don't allow yourself to feel that pain in 2-3 years' time. |
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Bitcoin price looking good, halving getting near. Money printing off the scale, we’re definitely going to see a new ATH by the end of the year. I’m out of jail, theymos let me out I decided to end these 7-day bans early. Altcoin giveaways involving incentivized posting are not allowed anywhere on the forum, but certain incentivized-posting games (not altcoin giveaways) are allowed in Games & Rounds. The topic was incorrectly posted in Games & Rounds, possibly causing some understandable confusion among participants.
Happy to be back boys!  Welcome back! |
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... another bottleneck exposed in modern society by the virus, just-in-time funeral services.
I bet Silicon Valley can come up with a funeral home share app for that, with surge pricing to cater for unexpected demand too.
How about a drive through funeral service? The body can be propped up in a window like a mannequin. Maybe they could partner with McDonalds. People can pull up, pay their respects, get a Quarter Pounder® with Cheese, and go about their day. That sounds pretty American. Soylent Green anyone? |
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Most Brits aren't particularly fond of the CSW word You missed two letters. FTFY. Now you have the full definition. There's a reason why the Aussies use it so often. |
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We are doomed to skid marks and crusty cling-ons folks...... just like my cats. (but they don't seem to mind...)
Screw that dude. On the basis of this thread I ordered one of those bidet things and will install it this weekend. We'll see how it works. I've had one since I was born. Great stuff. I was thinking of removing it due to lack of use, but now with COVID-19 it's proved its worth. BTW, TP is still in great abundance here in Euro-land. It's amazing to see it being sold so cheaply and people still don't buy it. Fools... |
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Most of us are in this scene long enough to have lived through at least one Halving. I cannot accept that anyone who's been through such experience would sell any amount of BTC now, unless it's part of a carefully laid out trading plan to take advantage of the volatility, and even then I would be very cautious.
Even though you are probably somewhat correct, AlcoHoDL, with your presumption that there are a decent number of WO thread regulars who have been through at least one halvening, in recent times, I am having my doubts about whether going through one halving is going to be enough for the vast majority of regular peeps, unless they happen to be decently rich before getting into bitcoin and putting a decent quantity of value into bitcoin before the effects of the halvening has truly kicked in. In recent times, I am thinking that the vast majority of regular peeps are going to need to hold through a couple of halvenings, unless kind of best case scenarios develop, and we should not be assuming best case scenarios. Even if someone has established an investment portfolio of $100k, and then decide to be somewhat aggressive with BTC with a 20% investment into BTC, that would only be $20k and might not be a sufficient amount to reach fuck you status. Surely, I agree with what seems to be your essential message, and that is that there is a kind of algorithm that is quite likely to play out that is going to cause a likely stepping up in the BTC price, so no one who is seriously trying to grow his/her BTC investment should be fucking around with any kind of large amount of BTC selling, but instead be focusing on accumulating BTC in this price arena while it lasts... and my point remains that even if guys do that.. they are likely going to need a few BTC halvening cycles before they are likely to be able to get into a kind of comfort zone (or maybe 1.5 cycles might end up working out decently well for some too?).... Maybe you're right and one Halving is not enough to harden a HoDLer so that he/she doesn't make a move like mindrust's. But going through (and surviving) the painful ATH-to-$3000 phase, you'd expect to be able to take the recent dip without much effort. If anything, it was (still is) a chance to accumulate some more coins before the incoming mathematically certain algorithmic event. As I do not have the expertise and experience of your very well thought out DCA planning, I consider my approach of Buy-HoDL-Wait a safe bet against short-term volatility panic attacks and towards a sure-to-come (for me) "mooning" phase, of reaching "fuck you" or "comfortable" status. The latter is good enough for me, as my needs are not really Lambos, hookers and blow, but, rather, being able to realise a few pretty reasonably achievable dreams in the near future. |
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Guys 'n' gals, I just can't believe what I'm reading...
The Halving is coming in May!
Let me say that again: The Halving is coming in 54 days!
Who, in their right mind, would sell any amount of Bitcoin at this time? (*) To sell any amount of hard earned coins now is equivalent to admitting that you do not understand how Bitcoin works and/or you do not realise its significance and potential as a monetary instrument. We're talking about the Internet of the 80s. Travel back in time and think what you would do then if you knew what you know now about the Internet...
The reason I bought my first 0.5 BTC (and several more soon after) in 2015 was to own Bitcoin before the 2016 Halving, because I knew that it would rise significantly because of it. It was right there in the algorithm, right in front of me. It was talking to me. Something that's not possible in the stock market. And boy did it rise! Much more than I had anticipated.
Most of us are in this scene long enough to have lived through at least one Halving. I cannot accept that anyone who's been through such experience would sell any amount of BTC now, unless it's part of a carefully laid out trading plan to take advantage of the volatility, and even then I would be very cautious.
For me, the safest bet now is to 1) HoDL, 2) Buy if you can, 3) Wait it out.
In December of 2020 we'll be dreaming of the long-gone 4-digit times when we could buy so cheaply... Well, that time is NOW!
(*) mindrust, no disrespect to you, I know the feeling, nearly panic sold at the beginning of 2017 because of a big dip then, but Kraken saved me by failing to execute my order due to their servers being slower than a ZX Spectrum 48K running Windows Vista. Listen to what the other WOs are saying. Try to buy back now, even if it means owning less BTC than before. It's a shitty feeling, I know, but you can't begin to imagine how shitty you will feel in December 2020 if you don't get in now. No amount of TP will be able to save you then. It's a shitty deal, I know, but act wisely, take it like a man and get in now.
-----
Open your eyes fools!
Stack satoshis while you can.
54 days left...
#haiku
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Have we baaa-ttooo-med out? https://youtu.be/8rGuH0vBLLsI'm with Novogratz. Unfortunately, McAfee's dick will have to be eaten (if it hasn't fallen off already), but Bitcoin will go to $40,000. And soon. HoDL. |
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Yeah, and I can predict this:
In 1 week: $1,000 - $10,000
In 1 month: $500 - $20,000
In 1 year: $200 - $50,000
In 3 years: $100 - $100,000
...and I can almost guarantee that I'm going to be right! Does this make me a good BTC/USD price predictor? Absolutely not!
The wider the prediction range, the more it means that the "predictor" is using a crystal ball and hasn't got a fucking clue what he's talking about...
BTC is going to do what BTC is going to do. But we have the (extremely important) added advantage of knowing how it works and what it means (the ones that understand it, at least). This alone tells me that its value will rise to stratospheric levels, and in a time frame that will allow me to enjoy the privileges of owning a tiny little piece of it.
That's the best prediction I can make, and it keeps me from panicking and losing my sleep. In fact, since I started owning BTC, my sleep and other RL activities have improved tremendously. If I'm right (as I believe I am), then all the better for all of us. If I'm not, it's still OK, I'll survive this life, which is already treating me very kindly due to my own decisions and life strategies.
BTC won't rescue anyone from their own misery, self pity and incompetence. But it can make one realise his/her dreams. That's my bet.
This is fine.
HoDL.
(...and buy, if you can.)
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I didn't lose faith in bitcoin. I lost faith in humanity. I’m in Bitcoin, because I never had faith in humanity. Bitcoin is a system which exploits ruthless self-interest to coerce people who hate each other into cooperation—for the good of Bitcoin, not for each other. I am sorry for your loss. By that I mean, your dearly departed coins which I know you are mourning. I have all of my life savings in Bitcoin. All the liquid money that I have, aside from hand-to-mouth scraps of fiat to cover my mundane expenses (and I live simply). It is money that I cannot afford to lose; for I was never an investor, and I never thought of it as a financial investment per se. Bitcoin is to me more than money. Also, I can’t preach something to people if I’m not living it. —Also, I play for keeps; and that means going all in. I have always been that way. For the past few days, I have been ignoring the market (as I usually do). I don’t even know the current price exchange rate ( non-monetary commodities have prices; currencies have exchange rates!). I couldn’t panic-sell, even if I wanted to: I have never had a KYCed fiat-crypto exchange account. Getting my money into Bitcoin anonymously was a major project; and it cost dearly, especially given that I was ignoring the market as usual. Selling my coin for fiat would be even more difficult, because it’s easier to spend fiat cash anonymously than to obtain fiat cash anonymously. But I don’t mind being stuck with Bitcoin. Married to it. Now, it is foreseeable that in the near future, I may wind up with Bitcoin and no food. I am a practical man; and frankly, I will admit that I would rather have food. Still, I am glad that I have my Bitcoin. Bitcoin makes me happy. I was pleased, when I saw this: Nullius' sole objective is to facilitate the mass adoption of bitcoin.
That is actually not emotional on my part; and it is not a religion, my sense of humour notwithstanding. Bitcoin is the concrete embodiment of higher principles. At this point in history, it is one thing that can help slow our descent into a terrible abyss. That, I care about more than I care about money.
I don’t recommend buybacks based on emotions, any more than I would recommend panic-selling. The cool, savvy approach will result in having more Bitcoin in the long run. I do think the banks are trashing us now. Panic-selling means money value in their pockets ( correction noted as to a principle that most people never understand: the nature of money); so would whipsawing around with effectually FOMOing. Just pretend that you are approaching this for the first time—so, how would you get into Bitcoin now? Pretend that you just saw the term “maximalism” for the first time, and you’re such a n00b that you assume it means maximizing the amount of Bitcoin that you have. ;-) +1 WOsMerit. Added to merit queue. |
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Dips are for buying.
mindrust, I'm talking to you...
You're doing it wrong!
#friendly_nohomo_haiku
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According to https://data.bitcoinity.org/markets/volume/30d?c=e&t=bin the last 2 days nearly 1 mil bitcoins were traded (mainly sold) at the main exchanges excluding Binance. On Binance the volume was 400K each day, so we can safely assume more than 2 mil. bitcoins were traded. This is a huge amount and the question is how the market will adjust to this enormous inflow of bitcoins. I don't have a subscription to glassnode to see how many new bitcoins were deposited into the exchanges, normally it is between 15K and 40K, with a daily peak 444K in Dec 2018. After a month the chart will be accesible for non paid users, if anyone has a subscription can check and share what was the peak this time. On one hand it seems logical to take more time to return above 10K and hold it. On the other hand, these bitcoins are now into a very strong and patient investors. These people are not like the new generation of theoretical traders who think it is easy to make profits. Emotions like greed and fear play a main role, and untrained will crack under the pressure. Experienced investors put their bids low and waited for a year in this case to get them filled. So hardly they will be chasing 10-20% or even 100% profits. Now, when the price starts to recover, the burnt traders and the whole world will see that even in utmost panic Bitcoin didn't go to 0 and no matter the fall it recovers really fast. This lesson will make the weak hands stronger, if they have the guts to enter the game again. So IMO not only a new bull run starts right now, but a whole new bull cycle lasting for years. May be this was the real end of the bear market. How far we will go is a question that honestly I can't answer. All charts and short term predictions were shattered. The good thing is that Bitcoin is not dead and doesn't care about these predictions. Your thesis is that it was something similar (only worse) to January 2015. I would hope so, but it remains to be seen (aftershocks, etc.). It's an opportunity, but also a challenge. If bitcoin comes out of it strong, so much for the better, but if it weakens vs newcomers, then future is uncertain. Strangely enough, the dominance did not change much during the ordeal, which was surprising to me. I expected a strong increase. The main competitor, though, had something terrible happened (in defi app, cough-Maker-cough), so that's that. I accidentally sent you a merit... It was meant for fillippone. All the better for you! |
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