I doubt that it is necessarily wise to sell your shitcoins at any time other than a time in which you would like to sell them, and with any investment (or gamble) you should be ready, willing and/or able to ride out the rougher periods, and surely sometimes shitcoins are going to go down and never really come back, but that does not even necessarily mean you should sell them at a time that is anything other than your own choosing.

Some shitcoins that I have, I could give or take, but really it seems that I have not really done much of anything with the overwhelming majority of them since around 2017/2018.. except for every once in a while something will come up with one or more of them, such as getting delisted or something like that and then I have to make a choice if I am going to move it or sell it or even figure out some other way of storing it, if it had been on an exchange or maybe something happens with the wallet.. I had one wallet that kept fucking up recognizing one of my shitcoins, so I ended up figuring out how to move it to another wallet.. that took me a month or two to accomplish with various scattered research and experiment and thinking about what I wanted to do.. and questioning whether it was worth it to just keep it for funzies... even though it probably is around less than 0.1% of my BTC value or my "crypto" portfolio.


You could just leave your various shitcoins on that old seed, too... and in that way, if you ever wanted to access the shitcoins, you would just restore your old seed onto your ledger.. which would be wiping your new seed, reinstall your old seed, do whatever transactions you want to do with your shitcoins, and then reinstalling your new seed.. to the extent that you did not follow the earlier suggestion of just buying more than one ledger.. so in some sense I personally believe that it is is better to have aa few different hardware wallets around... even if some of them might cost a bit of money... but if you can buy some expensive spectacles to capture dee neanderlands in dee skies, you likely could afford an extra hardware wallet or two.. and presuming that you have more than 0.00419312 BTC that you are securing.  #nohomo


I personally like Trezor.. but people who are informed about bitcoin say good things about other wallets such as passport, coldcard, jade. and maybe a few others.


I have always been a bit skeptical of ledger and also the secure element being closed source, and then some of their drama coming out in the past 6 months or so they largely admitted that people are putting a lot of trust in them with the secure element.. and they are really supporting a lot of shitcoins.. sure Trezor supports some shitcoins too.. but you can set it up as bitcoin only.. I also found ledger to be quite finicky.. and have some lack of user friendliness.. including that I had one that I bricked and spent a lot of time fucking around with it causing me resentment over its lack of user-friendliness, and sure maybe they have improved, but I don't like having had those experiences.


The backing up of your seed and the ways of interacting with your coins are different.. and sure, I don't claim to be any kind of expert in the various possibilities, so maybe I should get off my high horse in terms of your earlier choice of ledger.


My thinking has always been to buy on the way down.. (if it were to happen to happen) rather than getting depressed (or worked up) about it... sure sometimes the amount of down does cause me to get even more nervous than usual, especially when I am running out of money to buy more, which does happen from time to time, so surely I can relate to being bothered by extremes.. yet I cannot relate as much merely by frustration that the BTC price is not going up as fast as we wished it would.. especially we have been here a while.. and then also from newbies who should be taking advantage of dips.. and yeah sure Paashaas is not a newbie, even though some of his latest posts have been coming off as if he has been making some bad gambling moves with his bitcoin stash.,, whatever it might be.

It's not over yet.


Furthermore, it is also not good to get too caught up upon what others are saying, or short-term moves that happen from time to time.. including that we have had both UP and DOWN in October, so far, which even if there exists a slight inclination towards DOWN, so far, we are ONLY 11 or 12 days into the month... so not even half way. .and which way is it going to break?  Are we going to revisit $25k?  Then maybe I might start to become a bit pessimistic.. otherwise, I seem to just be seeing a lot of noise..

or is it just me?

Of course, you could buy two ledgers, and/or other kinds of wallets.. and sure the extent to which various shitcoins are supported will vary from device to device... or even kinds of wallets, if you might want to move some kinds of coins to a temporary location until you set up your new device (presumptively your sticking with ledger.. sorry for your loss.. again - meaning the fact that you use ledger)


Yes.. ChatGPT is helpful to make more sense out of danadc's assertions. 

I don't really like the use of a plural to refer to a singular, so in that regard, I doubt that danadc is a they.

Your conclusion is also pretty good vroom, which is that danadc speaks in such a way that is beyond the capabilities of mere mortals... therefore we needed ChatBPT to dumb it down a bit to our level.


Wow.   

"We" are going to start to need to refer to homer as a "they"..... since posting on the WO happens to be a family adventure^**...

**I would venture to bet that historically the daughter comes up with the best of homer's jokes.. since homer could never (I realize that "never" is a long time) come up with that kind of material through his own lil selfie.

I thought that his tone was potentially one of a troller (or perhaps a bot), but I tried to give some benefit of the doubt, mostly in order to attempt to get something substantive out of what were other vague-ass points that could have been trying to persuade people to be more blasé, timid and/or fearful of bitcoin than is justified by the actual facts and including that this is likely a good place for normies to either get involved and/or to perhaps up their level of aggressiveness in terms of buying bitcoin.. but surely, many of us know that we have to temper our level of aggressiveness in terms of our own finances and/or otherwise preparations.


that was a bit of a red flag to be implying that there is something problematic with the unknowness of Bitcoin's creator and implying that their might be some kind of a US intelligence contribution to the project.. (He did not say that, but seems to be what he was attempting to suggest).


Of course, there are various talking points that bitcoin naysayers and/or shitcoin pumpeners throw out there, and it might not even be necessary to identify their origins and/or motives with any degree of specificity... but sure, it likely does not hurt to see that they are throwing out various talking points that have largely been debunked, but they might still find some uses in presenting such nonsense in an attempted more subtle kind of a way so that maybe we might not recognize their planting of gobbledy gook intending to cause less enthusiasm towards king daddy.


There are almost always be some of the various kinds of traders, and some of those kinds of in and out strategies can be profitable in the short term... and surely build dollars.. but then sometimes, we might look at some folks who had been making several trades between 2013 and present and they might have been making 5-20x in profits over that time... yet on the other hand someone who either just bought and held or maybe DCA'ed into bitcoin over the last 10 years, may well have had ended up with 20x to 80x returns without even having to spend so much time getting in and out of positions.  Sure there sometimes will be some traders who are able to outperform more prudent bitcoin accumulation strategies, but I doubt that they are even close to 10% of such traders..so an overwhelming number of them are performing substantially worse than mere DCA and/or bitcoin accumulation, some might be losing money and only a very small number of them are likely beating straightforward DCA and/or ongoing BTC accumulation and/or BTC HODL strategies.

In late 2013, when I got into bitcoin, I had a bit of a concern about how long I might be able to stay in bitcoin.. maybe 1 or 2 years, perhaps.. but then the longer that bitcoin has existed, its investment thesis seems to be getting stronger and stronger and stronger, so anyone coming into bitcoin now, should be able to stay in bitcoin 4-10 years or longer.. and the ONLY reason that I put 4 years so low is mostly based on some people being old or having tight investment time horizons because of where they are at in life, and maybe it is a bit misleading to even suggest to invest into bitcoin for such a short period of time, because it merely ends up involving a kind of flipping mentality when bitcoin is likely to be good to serve more as a life long investment that may take several cycles before a person might transition from accumulation to maintenance and then to liquidation.. so any young person should be thinking further out and even several cycles to allow for bitcoin to likely continue to compound upon itself (and yeah surely there are no guarantees that profit will happen, and even going to zero is not a non-zero possibility, even though the longer that bitcoin exists, the more likely that going to zero or even spiraling down to very unreasonable lows seems to have pretty decently low odds of happening.).


It is true that sometimes everything will go to red and we have to consider whether everything going to red will affect us, and I would think that if we have already decided to invest into bitcoin based on our income and we have chosen a DCA amount, then we just continue to buy bitcoin, and sure if our income or our expenses had changed, then our disposable income has changed, so then in those circumstances, we may well need to make some adjustments, but our investment thesis should not necessarily change very easily when it comes to something like bitcoin.   

With bitcoin it should be that anyone studying it should be able to see that sometimes sentiment is up and down, but we should not be basing our strategies on sentiment, but instead more fundamental ideas in which if the price goes down we might want to buy more.. that is if our disposable income has remained constant and/or that we have extra funds upon which we can draw.. which is part of the substance of this thread to talk about ways to have various systems in place in order to potentially be able to buy on the dip..

and sure sometimes, financial circumstances might become so dire (or even change) in such ways that we have to make adjustment to our plans based on our own changed circumstances, and part of the reason that DCA is even stronger than buying on the dip is that we should not have to try to figure out as many unknowns.. DCA allows that we don't get caught up in so much trying to figure out various unknowns that might not even be knowable in the first place, so we mostly focus and structure our approach in regards to the knowables and the more likely to be true aspects rather than getting caught up in possible distractions that end up NOT being very relevant or important when we end up looking back our ability to stay the course..

That is a very nice, well-written and quite few decent charts and surely good analysis throughout.

There are some places in which they suggest that their data might not be complete.. and perhaps that might be due to differences between public and private channels and some difficulties in measuring private channels - even though ultimately they are asserting that they are directionally correct in terms of lightning network continuing to experience a decent amount of growth - even when there remain some ongoing concerns in reference to custodial versus non-custodial solutions that are in place and still being developed perhaps a bit biased in the custodial direction (meaning through third parties, rather than having more self-custodial options and/or routing).  

Hopefully you have adjusted your bitcoin position size accordingly, and you are not staying a no coiner - even though your supposed skepticism (to the extent that we can take you seriously) may well lead you into being a low coiner, but then with the passage of time wishing that would have had been more aggressive, rather than whimpy in the way that you ended up investing into bitcoin (presuming that you get over being a no coiner. and merely talking about bitcoin in theory, rather than practice, which seems to be a trend of about 99%-ish of the world's population so far).

That's part of the problem, especially if you are telling jokes about other forum members rather than some other possibly more neutral topic (even potentially controversial).

For example, if you are telling jokes about some kind of a system, or politics, religion, sex or even bitcoin versus shitcoins, you might not even need to show whether you are joking or not because of the subject matter of the joke. 

Actually, in recent times, I have been doing this quite frequently with certain topics, including telling someone to buy a shitcoin (usually by agreeing with their seeming pumping of a shitcoin).. which surely is the opposite of what I think, and sometimes I might even feel badly about going that far with my joke.. or at least torn about if some members are going to take me seriously and buy the shitcoin.. but that does not cause me to necessarily explain the joke... just leave it and let whatever readers of the post decide what they will do... I already suggested what I think daddy dildah should do...

Well, I am glad that you are narrowing upon where the ledger was last seen, and you are also narrowing in on the likelihood of it not likely being recovered, even though it might be found.

I do think that you probably gave us more details than we might have needed to know, even though surely details do sometimes help in terms of telling a story - and so gosh maybe even some kind of a disclaimer regarding this part may or not be true.. but.. this is kind of where I might have put it.. and surely it might not really matter that much if you gave that many details. but sometimes I actually say.. for example, it could be here, here and here.. and whether those are actually what I did or might have done, there can be some advantages in terms of retaining some plausible deniability.. even if it doesn't end up being an issue.. but we are dealing with potentially milllions of internet users, bots and even future users/bots.

I think that I already suggested that it would probably be a good idea to move your coins to another seed, even though surely the secure element of the ledger does lend some protections that might not be contained in some other storage devices.. including some aspects of the trezor.. and sometimes moving coins around can help to combine and/or even to make smaller lots of some UTXOs.. so let's say that you were to have 21 BTC that were in 21 different UTXOs, you could end up maintaining the same quantity of addresses because on average it does not seem to be too much to have an average of 1 BTC per UTXO.. but you might not necessarily want them all to be the same... so you might have several UTXOs that are ONLY in the less than $1k price range.. so around 0.05 BTC.. and then maybe others that are middle range and then others that might be several BTC.  it is hard to know for sure.

Your reluctance towards moving the BTC and creating a new seed likely has to do with how much work it might be and then various transactional costs and then also maybe even needing to update some of your records.. so surely it is understandable that there are costs, and you seem reluctant not to do it... which surely might end up playing out well..  I have gone through a few of those kinds of moving the UTXOs over to a new seed, and I agree it can be a decent amount of work and it also does not even necessarily resolve some of the privacy and security issues.  I had some historical cases in which I actually ended up making my privacy and security worse, even though I had not realized the full extent of the matter until several years later.. so sometimes once it is done then there might be additional questions regarding whether to leave the situation as it is or to again make some additional changes, which might involve moving some coins around or some other pieces of information (coins are also information,  but then information sometimes might not have any coins, but it might be information about the coins). 


It seems as if you are weighing through a lot of the relevant matters. and surely there are several of us who are not fans of ledger.. and hey sometimes you might have an excuse to move some of your coins over to some other types of devices, and yeah it is more things to remember, but isn't part of developing memory and improving memory to challenge yourself from time to time, including sometimes making some changes.. yes. .I know even those of us who do not claim to have memory problems can sometimes end up either having memory problems or even getting hit on the head, so it is not like we should just be adding more complications and things to remember for the mere sake of it, rather than having some reasonable and/or even prudent justifications for our chosen (discretionary) courses of action.


I have tried not to be overly judgmental of others without at least having some evidence to back it up... .

so seems a bit strange to be speaking in such generalities as if you were on some kind of a superior journey.

Many of us already can see that you could not be on anything close to a superior journey as compared to anyone holding at least some bitcoin, since your ongoing argumentative state in this  here thread seems to show that you seem to be choosing coiner abstinence, up until this point.. which neither seems wise nor enlightened in any kind of a meaningful and/or substantive way.

Even in a religious and/or morality context there does seem to be quite a bit of acceptance towards self-preservation - even though there seems to be praisings upon various ways to give back to society too.. How any of us might choose our own ways of giving back would likely vary too.. and maybe some folks are more effective and honest than others. I am not claiming to know for sure.


What are the odds?  50/50?

So why hope for something that is around 50/50?

I don't claim to know exactly. but there is no reason that $25k might not be retested again. .and there is also no reason that we will ever see BTC prices below $27,300 ever again.. except maybe if we are closer to certain prices the higher likelihood that they might be touched, whether a wick or whether we get stuck there for a while.

It seems to me that you, philip, are giving too much benefit of the doubt to nutildah to even go along with the possibility that something like what he had said might be true without him having had shown any facts and/or actual logic - besides putting the assertion within a cute little poem.  

Since some members are not going to know these kinds of things, probably Nutildah has a bit of duty to clarify that he is full of shit, retract his statement, probably apologize and say that he will never do it again (even though that might not be true with the arrogant lil twat) and/or if he happens to have facts and/or logic to back up his bullshit likely to be disingenuine little assertion, then maybe he should set forth such facts and/or logic.. and maybe this here thread would be as good of a place as any.. or maybe starting another thread could be started.. There tends to be flexibility in these kinds of mud-slinging matters...

As sometimes "we" like to say around here (just like your mom used to say to you when a kid), "it is all fun and games until someone's eye gets poked out".. OUCH!!!!

Of course we do not know exactly, yet at the same time we should not be just throwing up our hands and acting as if we have little to no clue.

With more and more of the passage of time, it is seeming more and more likely that the bottom is in .. which would have had been the $15,479 price from November 2022... sure of course from that we might have said that the bull market had already started, but we seem to have had kind of gotten stuck in a bit of a limbo state... and at the same the BTC price is either lingering around the 200-week moving average and/or even going below it, and the 200-week moving average seems to be a bottom price rather than a top or a middle - but even if the 200-week moving average has historically been a bottom price, it does not exactly give us guarantees in the short term, but it should be giving us some clues about what we should be doing... but hey each of us can choose for ourselves, including if we choose to throw up our hands and act as if we have no ideas regarding where we are at, how we got here and/or where we might be going.


Active participants of threads like this one should not be having difficulties holding onto their coins merely because the price might have gone up a bit.

those are the kinds of problems that traders have and also persons who have not developed some kind of a longer term investment plan... and surely if anyone spends a decent amount of time trying to figure out a longer term investment plan, they will likely come to realize that selling does not tend to play out as a good strategy if the goal is to ongoingly and persistently continue to accumulate more BTC.. selling puts a person into a wrong kind of a mindset, unless they are really strategic about such selling in terms of ONLY selling amounts that are so small that they are not going to have any concerns if the BTC price continues to go up after the sale.

How much coin can anyone sell in order NOT to give shits about it in the event that the BTC price continues to go up are somewhat individualistic determinations that likely relate to how many coins someone has already accumulated, what is the profit level of the held coins and what kinds of goals does the person have in terms of how many coins s/he wants to reach and roughly in what kind of a timeline...

Of course, we cannot completely know the specifics of the answers to several of these kinds of questions, but we can get some directional aspects and even some ranges that we can kind of outline and project for ourselves in such a way that we become more likely to easily reach the bottoms of the range, we have good chances of reaching the middle of the range and we aspire to reach the top of the range, while knowing that the top of the range might not happen. but remains in the realms of possibilities.. so we can prepare for the lower, middle and top of the range all at the same time as long as we don't engage in behaviors to fuck it up and end up not achieving any of it because we got too greedy and we were ONLY aiming for the top of the range and then we fucked up so badly that we were not even able to reach the bottom of the range when the bottom of the range would have likely been nearly guaranteed with a more prudent and conservative approach to our bitcoin stash and our ways to accumulate and/or maintain it.


It is true that some people will pass up the earlier BTC accumulators; however, it seems quite likely that many BTC accumulators will surpass persons of equal financial status as them at the beginning of their journey and even surpass people who might have been multiples higher in financial status as the BTC accumulator at the beginning of the BTC accumulation journey.

For example, person A who started in bitcoin 10 years ago, and was investing $10 per week, will surely surpass the amount of bitcoin that person B who had started to accumulate BTC with $100 per week in 2016, and likely person C starting right now to accumulate BTC at 1,000 per week is not going to be able to catch up in their BTC accumulation to either Person A or Person B.

So surely none of us who have figured out aspects of bitcoin would be suggesting NOT to invest into bitcoin or to give up, but instead there is a certain kind of empirical evidence that shows that any of us would have had needed less capital in order to get to the same level of accumulation the longer that we had come into bitcoin, and therefore, the later you come into bitcoin the more likely that you are going to need way more capital and you are going to likely have difficulties catching up to the BTC adopters (accumulators) who started earlier than you (at least if we are comparing similar levels of capital).. and we also know that the world is already unfair in terms of some people having more capital than others.. and surely sometimes they accumulated their capital fairly (or we are supposed to presume that even though sometimes it might not be true), and sometimes they have accumulated their capital in less fair ways (and we might not really be able to do anything about it, except for recognize that there are unequal situations that exist in the world).


Fuck shitcoins.

DCA does not work with shitcoins.  You need other strategies with shitcoins.. so don't be so fucking dumb as to try to suggest that DCA works for shitcoins when the rug could get pulled on you at any time.. that is part of the things that you must prepare for when investing in shitcoins, how to hope that your "investment" or your "gamble play" does not get rug pulled prior to your ability to get out.

Another thing about shitcoins, this thread is not about shitcoins.. so take any talk about shitcoins to some other thread.

Apparently you heard of bitcoin, since you did actually use the word.. so maybe try to make your post again, but focus your little selfie on bitcoin, and then maybe we might try to figure out if you are saying anything meaningful and/or important.


This part of your post seems to be correct if you happen to be talking about bitcoin.. but not necessarily correct if you are talking about shitcoins.. as I already mentioned above.

Well, hopefully you are able to figure out a way to make such a book interesting.


When "the book" comes out, you will have to take back your statement sirazimuth.


I think you are a real swell guy in theory.

Is there any brown left or did I get it all?

Does not appear to be a very smart message to even suggest that there is some kind of a difference between shitcoins and altcoins. .that is misleading..

Also, I can hardly see how one man is supposedly higher up (or supposedly more powerful) than bitcoin... also seems misleading.

Maybe put elon in the altcoiner slot, combine shitcoins and altcoins since they are the same thing, either keep bitcoin where it is at or put it on the higher rung with USD (or fiat) being the other stack, and sure it does not necessary remain a problem to keep the dollar/or fiat as the highest one, for now.

Even with my proposed changes, it still does not seem to make a lot of sense. 


We seem to be in 2015 or 2019 right now rather than any of those other years.. at least in terms of the place in the 4-year cycle to the extent such a thing exists.

Maybe all Decembers are strange as far as King Daddy is concerned.. because maybe the various December highs of 2013, 2017 and 2021.. were merely coincidences?  Cannot be sure if King daddy gives too many shits regarding what month of the year it happens to be... what we do know, though is that we are in a kind of prehalvening location.. .whatever that might mean.. I think some of us have some senses regarding what it might mean. and some of us have senses that even if it might mean something, there is no guarantees that whatever it might mean will end up happening.  So there is that angle, too.

The fact that we don't know which direction the price might move, does not affect the DCA buyer.  The DCA buyer just buys regularly because DCA allows not giving too many shits about short-term BTC price moves.

Of course the person who wants to buy on the dip, may have already bought on the dip down to $25k-ish.. so then if we float around $27k for a while, such person who might be continuing to build up the buying on dip funds might be faced with a decision to buy again at these prices or to just wait.. there is no real exactly correct answer especially if each of us might have differing amounts of BTC that we already have accumulated, and also differing amounts of fiat that has been piling up in recent times.

If a hypothetical someone were to have a regular DCA fund and a buying on dip fund, and maybe had been accumulating BTC for a while, and if that person got an extra $1,200 that came in as a kind of job bonus, and that hypothetical person may well be faced with a choice regarding how to allocate such new money in terms of how much to allocate towards DCA, buying on dips and lump sum, and I would suggest that the default position would be to divide that money into three in order to be $400 for each category, but each person has to decide for him/herself in order to account for his/her own particular circumstances.


You invited me, and then you "uninvited" me?

At some point, I will look at the thread.. sometimes when a thread is new, it takes a while to pick up momentum.... This thread has been around and active for a while, and sure it seems that this thread has been pretty "hot" in the past few months.. .. which surely does not happen to all forum threads, even if such threads might be around for a while.


One of the greatest things about attempting to structure your bitcoin accumulation strategy and even your bitcoin maintenance strategy to try to be as neutral as you can in regards to BTC price moves, is that you don't necessarily need to satify much if any curiosities in regards to which way BTC prices end up going.  Frequently there are going to be explanations that are easier to see after the fact, but sometimes even the explanations might merely serve as partially convincing perspectives because it would not be easy to describe all of the factors affecting BTC price dynamics which seems to be part of the reason that many traders are ONLY trying to be a few percentages better than 50/50 in order to make money.


I doubt that any of us should care if others happen to be calling us idiots, and maybe even our portfolios might not be in profits for several years.. .which sometimes happens when you start your bitcoin investment journey at the top or before the top and have the top as part of the area in which you continued to buy BTC... which would include why folks who have been DCA'ing in BTC for right around 3 years, will be barely at break even point right now.

Look at the DCA'er who started three years ago with $100 per week?  Barely breaking even with ONLY 0.5751 BTC accumulated for a total of $15,700. 

So some folks will label those folks as idiots.. because someone coming fresh to bitcoin right now could buy the same quantity of BTC as they bought by DCA buying the last three years.  So sure someone could come with $15,700 and buy the same quantity of BTC, but I doubt that it is very realistic to consider someone who is going to be able to lump sum into bitcoin with $15,700 at these prices, even assuming that someone of a similar financial status would have had been able to somehow save up $15,700 in the last 3 years and to have had been able to wait until now to make their lump sum BTC purchase.

Personally, it seems to me that the person who is lump summing into bitcoin is the one who is both more vulnerable towards being sensitive to being called an idiot and then ending up acting with various rash behaviors because of his/her having had lump sum bought into BTC rather than DCA'ing.


There are several participants of this thread who are repeating the idea of risk free and guaranteed, and bitcoin is neither risk free or guaranteed, even if you employ DCA or any other method of accumulating it.

Surely, DCA allows someone to get into BTC in such a way that s/he tailors his/her various buy amounts based on his/her discretionary income.. so in that regard, there can be a kind of assurance that such bitcoin accumulator/hodler is not going to overdo it so long as s/he is attempting to make sure that discretionary income is being used and accounting for various monthly expenses and even including an emergency fund in there.. so not to overly invest to such an extent that s/he is not making sure that financial (and therefore psychological) matters are covered.

So the part about a kind of guarantee might be that the bitcoiner who does not gamble and does not use leverage, is assured that the most that s/he could lose is 100% of his/her investment, but what makes bitcoin such a great asymmetric bet to the upside is that fact that there still are possibilities that s/he could make 2x, 5x, 25x, 100x, 1,000x or even higher amounts depending on timeline, so it is not guaranteed to make money or to lose money, but if you do lose money, then you would be guaranteed only to lose 100% while having pretty decent chances of making great returns over time that also are not guaranteed... but still part of the mix of things that reasonably could happen... because of various aspects of bitcoin's sound money and paradigm shifting ways of innovating decentralization and proof of work that supports an autonomous money that empowers individuals.. and even governments and institutions once the figure out ways to include bitcoins into their investment portfolios.

I will review his posts later too..


Oh..? I had not even noticed the part that I would supposedly be getting a kick back from some of the forum members (spammers in nutildah-speak).. so the little riddle seems to go a bit far in terms of making that kind of an allegation (making shit up)... it is a pretty BIG allegation (and mud-slinging that could get forum members into trouble for doing things like that) to accuse another forum member of getting a kick back, even if it is just a funzies joke... and I doubt that he either has evidence and he probably does not even have any "reasonable" inferences of evidence that might exist beyond what's in his fantasy pea-brain self-righteous paranoid accusing others without evidence little noggen. (too many adjectives in a row?  I think NOT)

It seems that i have adequately covered this point.. so I am not sure how much more needs to be said.. people will likely come to differing conclusions regarding how much value is necessary to exist to recognize, and I would think right around 1/100 or maybe 1/1000 of a penny and you are thinking more in line with around a dollar which is about 100,000 x difference between us.. maybe i am a bit too low and you are a bit too high.. so maybe the number would be somewhere between those amounts.


I am not really saying that I know much of anything regarding hardforks and/or softforks, but it seems to me that there hardly are any changes to merely be recognizing digits further down than 8 digits... so I could not imagine that a hardfork would be necessarily .. and it seems like a pretty easy and even non-controversial change.. especially if the BTC price starts to go up to significant values and even the mining rewards start to seem to justify going 1 more digit every 4 years starting in 2048.


It sounds to me like you are just making shit up.. regarding your ossification language.. but hey, if there is no perception of any need to recognize mining rewards into the 9th digits in 2048, then I doubt that I give too many shits.  We might have to reassess where people are at (including where the BTC price is at) when it comes closer to 2048. we are still 25 years out from there.. so a lot of thing can change in the next 25 years including what is the value of a satoshi and therefore what would be the value of units smaller than a satoshi (further dividing the satoshi in order to recognize the then mining reward, for example)..
 

That does not make much if any sense.  He must not yet know about this thread.

Yes.. I see that you started that thread a couple of days ago.. and I'll put that thread on my list of threads to look at.

Of course, there are quite a few threads that end up having overlapping sub-themes.. and at the same time, sometimes we do need to go back to the OP to try to figure out if members are still even trying to stay on topic in accordance with the OP or sometimes the original topic might even become irrelevant in terms of what kinds of ideas might be being discussed within the thread, which might end up being a sign that the thread needs to be closed.  

I doubt that the topic of buying on the dip and HODL will ever become irrelevant, even if those practices are subsets of a variety of different kinds of BTC accumulation strategies that normies likely end up employing.. and that such practices and the extent to which they are done might change depending on where normies are at in their bitcoin accumulation journey (and we know that there are so much of the overall world's population that have not even started accumulating bitcoin yet.. they are barely passed the hearing about bitcoin and thinking they know what it is, so one of the next stages for the no coiners is to get some of it and at least become a low coiner prior to advancing further.. or losing their coins if they screw it up or don't realize which coins are more valuable in accordance with Gresham's law ideas)..


For sure, it seems that the dip from $30k to $25k is over.. but not easy to say with certainty.. since we are currently in the middle of the range.. so no one can really say for sure that the dip is over.. and that $25k support might not be broken to the downside.

It is hard to bet either way, even though sometimes people act as if they know, and then they tell you "I told you so," after the fact... but I doubt that they really know with any level of confidence that maybe at best might get into the 60% to 70% arena before all the events end up playing out. 

Sure, from time to time, there are some price set ups that make it seem more likely of one price direction or another in the short-term, but I doubt that we are currently in one of those kinds of a set up.

We ONLY need a 4% CAGR out of traditional asset management theories (or the withdrawal rate for passive income)... I was kind of thinking that we might be able to count on right around a 12% CAGR for the coming 10 years or more or even perhaps longer.. but hard to project beyond something like 10 years - which is 3x traditional rates.. but surely I would not want to try to employ such a system of withdrawing 12% per year if it did not continue to show in the data.. including that currently I am using the 200-week moving average for my bitcoin valuation chart including how much I expect the BTC value based on the 200-week moving average to move up on average per year with kind of an anticipated decreasing slope in terms of how fast the 200 week moving average is going up..

It still is good to see that kind of CAGR historical data, because none of us really know the future, even though from time to time we should try to make sure whatever our expectations (and hopes, and even plans for future cashing out periods. maintenance or whatever you want to call it.. assuming that you might not necessarily just sit on your bitcoin.. like actual wealthy people do.. but normies do not necessarily follow exactly the same practices) happen to be, line up with real (rather than fantasylandia) data.

I actually understand that buddy is not yet self-aware, but I wonder if buddy is aware enough to have at least 7 digits available for such million per coin.


Oh my....

I am surely disinclined to give you the answer.. which is actually a pretty basic concept.. so I will just give you a hint.

Look at this chart:   https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

It shows the 200-week moving average, and so what do you see in the chart?

Another hint:  The stock to flow model uses the 200-week moving average too.. but the stock to flow model has some other data in their too in order to make some claims about bitcoin.


It's not even my statement.  I stole it from Mark Twain.


“I didn't have time to write a short letter, so I wrote a long one instead.” -Mark Twain Twain

and apparently many other people made similar kinds of statements.. so I am sure that I got it from one or more of them.
>>>>>
"This famous quote has been attributed to many people—-Mark Twain, Winston Churchill, even Bill Clinton, for starters. Once a clever phrase like this comes into the language, a lot of folks start using it, and their readers reasonably figure they made it up. But according to the website quoteinvestigator.com, the first to use it was the 17th century French mathematician and philosopher Blaise Pascal. "<<<<<<<<<<

https://www.quora.com/Who-wrote-the-quote-If-I-had-more-time-I-would-have-written-you-a-shorter-letter


Some people do like to do those kinds of things.. They focus on certain people and maybe they have some kind of a theme too.. and frequently they focus on more famous people, but you never know, the internet and these kinds of forums are not exactly long lasting in nature, and even in the past 10 years or so we have seen mainstream media become more and more reliant upon quoting sources from various internet forums.

by the way, I thought that you were going to write such book involving me, phillip and maybe you might find some others and do some comparison and contrasting.. ..   There still needs to be some kind of a need for an interesting hook.. so we are likely not interesting enough on our own.

It looks legit and even unbiased when you put it like that.

And, I Love the font.     #nohomo


Don't worry.

I cannot see Bob closing this thread... and probably even moderators don't give too many shits whether it stays open or not... even though the substance of the thread is a bit childish and whiny.. but maybe it ends up playing out as a bit of somewhat innocent humor too.... that likely reflects more on the pettiness of the authors rather than any substantively important topic that they believe that they may have raised.. . just like the nutildah thread of a similar theme.. if you had not seen that one....

and. .my feelings had not really gotten hurt from these kinds of topics.. let it aire out.. even if 100% ^confirmed dumb...