A generous gesture, but, still, you should buy when stuff is going up and sell (or holdl) when things go down, NOT vise versa.
BTW, it is difficult to do, granted, I even bought a small amount of COIN when it was on the decline slope, but started to temporarily recover.
Not buying that anymore after reversal.
Hodling all btc, not selling a satoshi.

Yes. very interesting, but Mr Burry is known to first LOSE a big chunk of his bets before making a large profit, so taking an opposite short-term position might just pay off..it is a bit cynical, but so are his bets as well.

The mouse move on the computer screen is also very fast and "has no obvious signs of propulsion" from a point of view of a regular desktop folder.
The point is that this phenomena might be best described by the suggestion that we are in a simulated world...and there are the "simulators" out there.
I have seen the video of one of these "objects"..."computer" cursor might be the best fit, otherwise we are about to get "boarded".

His were not performing well initially, that's the reason of the 'The lady doth protest too much, methinks'.
This and not realizing that selling btc for fiat gives him/her the worst of s-tcoins aka fiat.
BTW, he/she is NOT joyful or helpful, but belittling, resentful and overall being just a typical nincompoop/'primadonna'.

It is a fact that bitcoin price is under-performing since Feb.
What caused it? Will it continue or turn around? What would cause such turn around?
Instead of examining these points, you attack the source, as usual, as if you want everyone to be silent about and if everyone stays silent it would get better somehow.
It could get better, but only if alts get smashed soon, otherwise we would bleed down to maybe 32-35% and then the situation can become unstable (multi-polar).

My btc % is much higher than 40% market weighting, so I would be not be a happy camper if btc further declines in dominance and/or in price, yet I have no plans to sell.
Why? Because I believe that we might turn around at some point, could be soon or by the year end.
I never sold any btc for alts, but their proportion in my portfolio (bought using fiat) has arisen in this cycle quite significantly for a simple reason-a gigantic outperformance (so far).
Not naming any names since it is OT here.
I don't chase and try to buy low or very low. All my alt buys were done before the end of 2020, most either in 2019 or even earlier.
In 2021 I am only stacking btc sats via mining and small size random buys and slowly selling some alts, but even so, each sell was not at the highs, admittedly, so I slowed those sells down for time being.

Are you going to tell me that selling alts and buying btc is somehow impure (like you told Phil)?
What a wierd suggestion, pal!

bad behavior-check
doesn't know how markets work-check
likes to call people names-check

Conclusion-@JJG is Bender reincarnate.
https://youtu.be/ln4rfYh7ng0?t=77

haha, almost right, I have also 20% for reading something good and 30% hitting the sac and in the morning everything feels better (most of the time).

Mostly a very sharp drop in xerp, then continuing drop in both VBcoin and xerp.

47200

mostly agree with a nice post from Theymos. I also wrote something about price dynamics in WO.
47.2 could be a bounce up from the intermittent 42-43 low.

Everyone says that CMC dominance is irrelevant since it also includes stablecoins.
Yet, whatever params you use, there has been a sharp decline in btc dominance from the end of December 2020 (72%) to now (40%).

https://www.tradingview.com/symbols/CRYPTOCAP-BTC.D/

IMHO, this has to reverse within a week or two, otherwise it would be difficult to recover and we would move (regrettably for me) from one hegemon (bitcoin) to a multi-polar crypto world.
It is not a popular possibility around here and my largely btc position would affect my worth (or the lack of it), but someone needs to point out that this scenario is possible.

TLDR; a bear market starting in 1-2 wk to smash alts or a true multi-polar crypto world is coming. Btc ETF approval could swing the balance back in btc favor, but I don't see anything else doing it, judging by the current dynamics.

Musk borrowed a s-t load of money against his Tesla stock (there was a report that he pledged 97mil of his 220 mil TSLA shares, do the calculation even at 580/pop at 25-50%), much more than SpaceX or Neuralink are using, probably. He could have invested some of that in non-btc coins OR projects, although it is a long shot.
That said, he was one of paypal "mafia"/founders, so payment systems are probably quite familiar to him.
A very puzzling move. We have $100bil market move and bitcoin is not under SEC purview, so they cannot do anything even if they wanted.
Is this some kind of high level trolling? The joke is on us for now.

EDIT: and I was contemplating to spend my unsold doge on Tesla...f-k that idea.

wow, what a douche bag.

EDIT: a libelous remark at that, since fossil fuel use is actually declining, not increasing.

Bitmex started doing their s-t again? Price lost 2k in minutes.

Interesting, but in stonks at least there is some rationality by retail (apart from GME, etc).
A particular fast money fomoing-retail is attracted to alts, not your regular Joe.

That one certainly look like s-t right now; overall Willie Woo predicts a dominance reversal soon.
Overall, the whole thing (stocks mostly) looks toppy, not sure if increased inflation expectations would help btc in a short run, definitely positive for btc in a long run.


I wish it ALWAYS goes up 200%...but...remember 2014-2015 and 2018.
In short...it doesn't, so it might me something like:

2021-90K
2022-270K, then 60K
2023-180K
2024-540K
2025-3.3 mil, then 0.8mil
etc, etc

BTW, Graysclale is currently corn-holing their bitcoin investors (like myself in IRA) as GBTC is at almost record discount to btc (fluctuating between -15-18%).
Someone wants off of that wagon (GBTC).
Why Wall Street ALWAYS making s-t out of everything?

OT: ICP, lol. A monstrosity creature of the Valley venture capitalists.
Those who invested in the seed (not myself, unfortunately, missed it by 2wk of not paying attention) made out like bandits, but going forward $210bil fully diluted, he he.
...and they were complaining about little doggie.

well, it is not my fundraise, so I am just a poster, but 5% adjustment per period is questionable going forward.
In fact, there were similar calculations pooh-pooing buying of miners (s17, t17) before and immediately after the last halving.
They paid off spectacularly, even in btc.
Plus, it is aimed at those with euro, not btc. Mining smoothes out the return ( you are not buying a lump sum of btc at the current price).
They just have a price a bit too high, we both agree on this. About 20% less would have been prudent.

one thing occurred to me..with all those people negging on the "use of energy"...it has to be that use of energy that might be important to put value into btc (and Saylor often talks about it).

If NOTHING was used, I have difficulty understanding the "true" value claimed to be created.
It becomes more like a ethereal game of sorts, but even gamers understand that their games consume quite a bit of energy.

There has to be some math behind the fact that you are typically using energy to create anything of value.
A connection between energy and information, perhaps?
Like here:
https://physics.stackexchange.com/questions/38368/how-is-there-a-connection-between-energy-and-information

Well, 2000Th is roughly 20 S19, which go for $12-15K a pop on ebay (there are NONE for sale by the manufacturer until...who knows when [unclear]) which is pretty close to 200000 euro. Yep, they could have made it a bit more 'bargainy' and it shows.