No, we're not. Not yet. Until we get rid of the greedy scammers and the scum. And until the greedy people stop being greedy. But that's never gonna happen.
The more money there is in bitcoin (i mean as the price of bitcoin goes up), the more motivations that there are for scammers to figure out ways to exploit various weaknesses in bitcoin (whether that is taking transactions off the blockchain or some other schemes to obtain the bitcoins of others). |
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I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people.  If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time. These things tend to happen gradually. It will not take 10 years. 2-3 years TOPS, probably more like 1 year. I think that is a reasonable amount of time to wait to be rich  Also gives you time to stock up on as many BTC as possible Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich? I know several of the cons about being NOT rich... for example having to work and having to pay bills and having to spend a lot of time engaged in trivial tasks that I would prefer to contract out.... and NOT having as much time or money to engage in some activities that I would prefer. Yes in an ideal world there's no money worries and we all do whatever we want with our time. But I meant there's a difference between being rich and being comfortable. Comfortable is an acceptable wish, having not many worries, and a bit of fun here and there, a bit of travelling maybe, enough to treat yourself to something you like, etc, but RICH is a bit greedy, anyone who dreams and wishes for more than a couple of million is a PR!ck in my opinion, if you ask people everyone wants to win the lottery like 20 million, 50 million, what For?  Sounds as if you are lumping too many situations together and being overly judgmental about the desires of some people. Every person's level of comfort will be different. Surely with about $1million or $2million, you can generate a fairly decent passive income from that ($3k to $6k per month); however, with $5million to $10 million the passive income will be even greater ($15k to $30k per month). Some of us could be completely happy with a passive income of $3k per month; however, I would be more content with around $6k to $10k per month - and surely, I would likely be even more content with a bit more than $10k per month. Some would call $10k per month rich and some would NOT, and some would call $3k per month rich - especially if gotten from passive income. $20 million to $50million would generate about $60k to $150k of income per month, and I agree that would be much more than what a lot of people would need to be happy - however, if a person had that kind of money, I am fairly certain that s/he would be able to figure out ways to spend it in order to strive towards increasing happiness... It is also possible that in the end, the person will NOT be any more happy with $50 million than s/he would have been with $5million... in other words, there may be a point of diminishing returns, yet that point of diminishing returns is likely going to differ from person to person. Nah I wasn't being judgemental at all. I meant that after having the basics and a bit more for a few extras, everyone should be happy enough. Of course a few more extras would be nice. But I think there's a tipping point where too many extras could actually work against you. That's all I was saying. But you guys still haven't answered my question..if you want to be rich, What's your main motive? (Apart from being able to have more fun and work less) Are you trying to impress girls? Impress colleagues? Family members? Get confirmation you're not bad at business? Which one is it?? Is it something else?? To me, it sounds as if you are judging people to suggest that they should be happy to merely add a little bit to their comforts. You have already granted that having a goal to work less and to have more fun are valid life goals, yet nonetheless, you add additional questions to suggest that people are striving for more.. such as to impress others.... In fact the impression of others will automatically come from the fact that a person is able to leave the rat race ... to work less and to have more fun. What else is needed? Two very valid goals. |
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I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people. If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time. These things tend to happen gradually. It will not take 10 years. 2-3 years TOPS, probably more like 1 year. I think that is a reasonable amount of time to wait to be rich Also gives you time to stock up on as many BTC as possible Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich? I know several of the cons about being NOT rich... for example having to work and having to pay bills and having to spend a lot of time engaged in trivial tasks that I would prefer to contract out.... and NOT having as much time or money to engage in some activities that I would prefer. Yes in an ideal world there's no money worries and we all do whatever we want with our time. But I meant there's a difference between being rich and being comfortable. Comfortable is an acceptable wish, having not many worries, and a bit of fun here and there, a bit of travelling maybe, enough to treat yourself to something you like, etc, but RICH is a bit greedy, anyone who dreams and wishes for more than a couple of million is a PR!ck in my opinion, if you ask people everyone wants to win the lottery like 20 million, 50 million, what For? Sounds as if you are lumping too many situations together and being overly judgmental about the desires of some people. Every person's level of comfort will be different. Surely with about $1million or $2million, you can generate a fairly decent passive income from that ($3k to $6k per month); however, with $5million to $10 million the passive income will be even greater ($15k to $30k per month). Some of us could be completely happy with a passive income of $3k per month; however, I would be more content with around $6k to $10k per month - and surely, I would likely be even more content with a bit more than $10k per month. Some would call $10k per month rich and some would NOT, and some would call $3k per month rich - especially if gotten from passive income. $20 million to $50million would generate about $60k to $150k of income per month, and I agree that would be much more than what a lot of people would need to be happy - however, if a person had that kind of money, I am fairly certain that s/he would be able to figure out ways to spend it in order to strive towards increasing happiness... It is also possible that in the end, the person will NOT be any more happy with $50 million than s/he would have been with $5million... in other words, there may be a point of diminishing returns, yet that point of diminishing returns is likely going to differ from person to person. |
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In which way is possible that this men is "anonymous" and we can not know nothing about his profile and his identity? Bitcointalk.org allow to register like anonymous?
The OP is named "Anonymous" b/c apparently he was later banned from the forum. He was NOT anonymous at the time that he originally made the OP. |
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I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people. If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time. These things tend to happen gradually. It will not take 10 years. 2-3 years TOPS, probably more like 1 year. I think that is a reasonable amount of time to wait to be rich Also gives you time to stock up on as many BTC as possible Why do you guys want to be super rich so badly? What's the big deal? This is a serious question, could you guys answer why you want to be part of a wealthy elite? Don't you know the cons of being rich? I know several of the cons about being NOT rich... for example having to work and having to pay bills and having to spend a lot of time engaged in trivial tasks that I would prefer to contract out.... and NOT having as much time or money to engage in some activities that I would prefer. |
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Steady, she goes. This is gonna end up fucking nasty if we don't see any upside soon  Podyx: I noticed that several of your recent posts have turned very doomy and gloomy. Have you converted into a full-fledged bear or are you just talking your book? A couple of months ago you were talking about leveraging your total life savings to buy into BTC if prices were to drop, and NOW, you are talking doom and gloom. |
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It's gonna bounce extremely hard when we find our low, till then expect crashes to continue. A week or little more if it continues like this btc will be below 200. I guess the first miners are switching off now.
So you are predicting a 40% drop in the next week or so, after a 70% decline from the ATH? Good luck! Yeah... Seems pretty unlikely to go below $200... and even seems like it would be increasingly difficult to go below $320 or $300 or $275 or $266..... Never say never in bitcoinlandia, but I am thinking that $320 is about as low as we go this time around... going below $300, $275 or $266 would be increased levels of improbabilities... even though NOT impossible... fairly improbable. |
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I am not only holding my btc, but also mine them using cloud mining, and I started buying more since the price is very low. I believe that the price will sky rocket once bitcoin get international recognition and more people start using it. This will take time, maybe 10 years, but it will happen and when it does we (the first investors) will be the richest people. If it is going to take 10 years to become the "new wealthy elite, gentlemen," then those of us aspiring for such status better have some decent will power and patience to be able to hold onto our coins for such an extended span of time. |
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It's happening:
Page 9696......
Even upside down is 9696.
that's spooky must be a sign, better BUYSELL now! I agreeeeeeeeeee: CUT YOUR LOOOOOSE!!!!!!!Either BUY, SELL or HODL. |
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My plan is HODL and continue to buy, buy, buy.... and I hope this 1-2 years of continued bear-market scenario does NOT happen. I will stop buying and maybe even sell if something significant changes with the fundamentals - on the contrary, it seems to me that BTC fundamentals remain pretty strong.
IMO only 2 things are going to stop this bear - an ETF in the US (COIN or 2nd trust) or within 6 months of halving. I also still question if the ETF will really have rocket power as these coins are not newly minted being bought but just coins Winklvii are selling so if they decide to keep the fiat and not buy anymore more coins is there really going to be a net gain? I believe it is inaccurate to characterize the COIN ETF as a Winklvii selling of BTC, even though the creation of such an entity creates greater BTC liquidation opportunities and specifically greater BTC liquidation opportunities for those two brothers.. Nonetheless, from my understanding the Winklevii currently have a little more than 100K coins, and also from my understanding the ETF has to acquire more coins in order to be economically viable... so in essence, the Winklevii plan to, at least, double the quantity of their BTC holdings with the ETF.... We will see how the ETF plays out regarding BTC prices and demand pressures on BTC, yet overall I am with you and share some of your skepticism regarding whether any approval of the COIN ETF will cause any significant skyrocketing of BTC prices. |
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It's happening:
Page 9696......
Even upside down is 9696.
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I would seriously appreciate the bottom, need to take my life back. Please.
I hear ya. Is it just me or has anyone else been delaying things until BTC decides to go up in price again? It is a bit painful. We are perhaps a little "overinvested" right now. Sure, we can sell coins right now (not even at a loss of what we paid originally) but it is a horrible time to sell, so we wait, and wait and wait.  In the mean time, we could really use a new couch, new carpet, have a zero percent credit card that we are just delaying paying because we don't really want to sell coins and then Christmas is just around the corner. The kids really want a nice Christmas. Hopefully we are at least back to $600 by then? I can hope anyways. Do you have a plan in case bitcoin goes below $275 and stays lower for several months or even 1-2 years? This kind of thinking of delaying and being overinvested in bitcoin is going to lead to a massive panic dump like the good old times if we go below $275. Dunno if it will break, but be careful. My plan is HODL and continue to buy, buy, buy.... and I hope this 1-2 years of continued bear-market scenario does NOT happen. I will stop buying and maybe even sell if something significant changes with the fundamentals - on the contrary, it seems to me that BTC fundamentals remain pretty strong. |
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I would seriously appreciate the bottom, need to take my life back. Please.
I hear ya. Is it just me or has anyone else been delaying things until BTC decides to go up in price again? It is a bit painful. We are perhaps a little "overinvested" right now. Sure, we can sell coins right now (not even at a loss of what we paid originally) but it is a horrible time to sell, so we wait, and wait and wait. In the mean time, we could really use a new couch, new carpet, have a zero percent credit card that we are just delaying paying because we don't really want to sell coins and then Christmas is just around the corner. The kids really want a nice Christmas. Hopefully we are at least back to $600 by then? I can hope anyways. I'm thinking Feb., March for up trend. Cannot see people investing much in btc with Christmas looming. The new year may see more lows with people cashing in btc to pay for the holidays. Who really knows? If we recall last year there was a USA government shutdown, which caused an additional level of uncertainty and lack of confidence in fiat system.. which also may have underpinned the motivations for Chinese to buy, buy, buy..... This year, we do NOT have that same level of problem with fiat, even though a lot of us question the soundness and stability of the whole fiat system(s). Won't happen this time, the bubble I mean, but it happened last year exactly in front of Christmas. It isn't important. |
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Because Bitcoin is dying, people are throwing more money into mining. hahahahaha |
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Good bids @Bitfinex = ppl want to close shorts ASAP ?  Total sum of active swaps 11,784.20 BTC ehh, thatīs not so good, it means that all buys(or a lot of them) in fact were actually shorts that have been closed... We had about 18000+ before So, some impatient traders closed their shorts on Bitfinex via rapid market buys rather than slow fishing? I am really mad at them because they triggered my stop order just a few minutes before I could move the stop price lower as I planned. And now I need to figure out my next move instead of simply waiting for a dump party or to get "stopped" by a real rally. I think it could have been better for all of us if this didn't happen the way it did. Surely, it is NOT good if you miss your buy and your sell points by small amounts; however, the reality of the matter is that this market is really manipulated by whales. Accordingly, NONE of us can really predict for sure when they are going to create momentum... Sure, maybe some of us can predict it more often than others, but still, the reality of the matter is that some of these whales thrive on the inability to predict in order that they can profit from such. |
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I am telling you sub $330 BTC will never happen again. If it does I will never post in this thread again. Huge pumps are incoming in the next few mins / hours.
Well well well, seems like you can still post on this thread. I had to edit this reply before sending because I had some text waiting for days with waving you goodbye and wishing you all the best hehehehehe  Surely, it was a close one. We are NOT out of the woods, yet, but at least there is a little bit of a reprieve going on. |
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You can call me a moron, but i think BTC needs fork to cut reward and cut total supply after mining to, let's say 14-15m You are a moron.  |
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Good Morning, my daily check of the 1W chart: - Price still declining => check - People still delusional => check - Bag holders losing their shit and posting why Bitcoin will go to moon => check - The hate and denial is at ATH => check - Trolls at ATH => check - Shorts going up => check - Perma bulls crying and begging people to hold their coins instead of trading or lending it=> check - Finally the most important chart updated, just for people who yelled reversal and asked if we are blind :  - Mmitech acting like a retard => check |
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Yeah, you were very enlightened to start such a novel and creative thread.... and also, your thread appears to only be about bitcoin, and NOT about crypto, generally. Accordingly, you appear to be just trolling by NOT having any substantive discussion, but instead enticing other people to respond to you vague and weakly substantiated allegations. Anyone is free to think whatever they want. Even yourself. And yeah is mainly about Bitcoin, so what? Yes... I already said pretty much what I think, and that you seem to be acting like a FUD spreading troll, with your thread and your various non-substantiated enticements. |
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a good joint would be better i think... i have a feeling i'm going to regret this tomorrow trying to code that recervice algorithm
Whatever you do, keep your bearings, and do NOT sell..... I'm saying this for your own good, and for the good of bitcoin. |
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