Why did you sell, Jimmy? You will miss one of the greatest surges of an asset in the history of markets, and investments, ser. You don’t need it? But, a person like you will always need the fiat it will be making for you as long you HODL, ser.   |
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https://twitter.com/psychedelicbart/status/14478823545765683228 years and 985.61x later, @nouriel finally capitualted...  I cannot believe it. Nouriel Roubini, one of Bitcoin’s most commited CRITICS has changed his stance against Bitcoin, and has embraced it and has recognized its merits. Will Peter Schiff be next? I believe one of his feet has entered the door. His son owns Bitcoin.
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Come on. Everybody knows Bitcoin makes all time highs in December. I thought we were all aware of this last cycle. $200K in December of 2021 should have been on everyone’s mind back in 2017. Don’t tell me you folks haven’t been preparing for this… with the stock to flow model breaking next year, this could very well be the last major hurrah.
You’re an OG. Do you see and believe Bitcoin could crash below last cycle’s all time highs of $20,000? Proudhon might have moved his buy targets higher from under 2014’s ATH to just under 2017’s ATH. He wouldn’t sell his Shitcoin Cash SV if those targets are not met. |
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Now I see this profile constantly discouranging people from believing in bitcoin's potential is just a satirical one. Probably he is an early bitcoin adopter who has a lot of fun reading another enthusiasts' reactions mad on his negative views on bitcoin. This thread actually shows how powerful bitcoin is, because OP had to edit the post several times as bitcoin price kept hiting new ATHs (and that is what makes his joke a funny one). Well, I can't say he doesn't have sense of humor.  Get used to it on where there are people who are on this forum or market would really have these kind of sentiments or comments on having in mind which could definitely make some effect to noobs which do easily believe on what they do read up in the public. It do turns out that people like these ends up on being a troll in the eyes of the community which we do know on how this market behaves and talking about final ATH is something laughable. hey when youve been around for multiple 10,000% gainz and 95% dips youll likely develop an odd sense of humor too  Or, when you have been around for multiple 10,000% gains, BUT missed out an opportunity to become a billionaire, you would surely develop into something very odd. Real HODLers from 2012 era who actually made it won’t waste their time. |
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Almost 14,500,000 Bitcoins are HODLed right NOW. Buy what you can available in the market, if you plan to buy, because when the market goes into actual FOMO, you might not get another opportunity to buy below ATH.  |
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...
To add context this - There are two parts to the inflation problem, one, of course, the fed is responsible for. Endless money printing, or rather, endless money injection into the economy through QE is on the fed. What they can't control are the rising costs of goods due to global supply chain disruption. They're stuck in a rough place, but I don't have much sympathy as they are the ones that put themselves there. I believe even without any global supply chain disruption, inflation would definitely happen simply because of all the Fed’s BRRR-money printing. This set of money printing during the pandemic is unique because the government gave much of the money directly to the people. If hyperinflation happens, it’s not the first time, https://recision.files.wordpress.com/2010/12/jens-parsson-dying-of-money-24.pdf |
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The traders who shorted have tried, but everything they had was absorbed by large bidders. Prepare to be liquidated, sers.
Plus I believe everyone underestimates how many multi-millionaire/billionaire-HODLers are out there, from politicians, to super-traders, to tech executives. DON’T SELL NOW, you will only be giving them to people much richer than you.
Imagine how rotten they must have felt, doing their best to sell -- volumes were pretty intense at some point -- and all they could muster was about 5% knocked off, and only to be eaten up rightaway. Think a lot of shorters will be going to the bank to gamble some more now, or stepping on leverage they normally wouldn't consider. They can't help it, but at least the purge will be harsher when their overextensions also get sucked up. OR, the shorters start accepting their mistake, and start FOMO-market buying Bitcoin, and make the surge stronger to a 6-digit price valuation per coin. Is it programmed? ATH by end of October, $100,000 by December? |
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Inflation in the United States is NOT transitory, and the Fed Chairman Jerome Powell should start telling Americans to lower their standards of living, then raise interest rates, the same as what Volker has done during 1981.  BUT, will he? BRRRRR! |
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 THEN, we should also learn to laugh when Bitcoin is surging, and when its on its way to new All Time HIGHS. Post your best memes, and enjoy the surge while it lasts. Because another crash will surely come again, and it’s their turn to laugh. Haha. |
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The traders who shorted have tried, but everything they had was absorbed by large bidders. Prepare to be liquidated, sers.
Plus I believe everyone underestimates how many multi-millionaire/billionaire-HODLers are out there, from politicians, to super-traders, to tech executives. DON’T SELL NOW, you will only be giving them to people much richer than you.
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It is a very common world in crypto currency “Buy the DIP, and HODL! ” Buying the dip means trying to purchases so that you buy assets when they have dropped in price, assuming they will continue to rise in value. If you look at a crypto chart, especially one that looks at a long period of time, it may look like the lines that move up or down are relatively flat. In reality, crypto asset prices are volatile and those flat lines include peaks and dips. If you can buy stocks that have an upward price trajectory right after a temporary dip in price, you can earn a greater profit than if you bought them at one of their peaks. Most of the time it is very difficult to purchase from the dip. If you are able to buy from dip and hold it for some times then you have the chance to get more
It’s actually NOT. Why did many people, who has experienced the past bull market cycles, remain average, and has nothing/little left and turned them into mere trolls? Because they traded to shitcoins, not HODLed Bitcoin. OR they converted their Bitcoin to fiat, not HODLed. |
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OP, just HODL Bitcoin, and you wouldn’t have to worry “when to exit at the appropriate time”. Because at the “right time”, no HODLer would need to sell their coins. Bitcoin will be accepted EVERYWHERE. It’s starting in El Salvador, and it’s not going to end there. |
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OK, but can anyone in this topic assume that actual utility in the Lightning Network for users’ regular transactions is increasing? What is Bitcoin used mostly for? Sending to exchanges for trading, gambling, buying illegal drugs in the dark markets.
i can assume that...  any source for the bolded sentence in the quote? or do you assume too? Then, in your assumption, what is/are the utility/utilties that Bitcoin is being used best, and the highest, and can you say, or actually see that offchain transactions through the Lightning Network are increasing in those use cases on a monthly basis. |
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This strategy doesn't apply for all traders, what if a certain trader doesn't have enough capital? Do you think he can buy every dips or what they called averaging down? Of course not. Even if it is a strategy it doesn't mean that you can guarantee yourself to earn from it just because you buy at dip and hold. We should consider the time after all, are we going to hold it for the rest of our lives or are we going to sell it in short period of time.
If you don’t gave enough capital, then why “trade” and go through the nights without sleep, and the stressful volatility for only small returns? Small-pleb-level capital should actually be a strong incentive to save and HODL your money in Bitcoin. |
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Does everyone in the forum want another opportunity to buy Bitcoin below $50,000? Post this all over the forum, social media, and tell you friends/family that, “BITCOIN WILL NEVER TRADE BELOW $50,000 AGAIN”! Then place your bids at $49,000. With me now, BITCOIN WILL NEVER EVER EVER TRADE BELOW $50,000 EVER AGAIN! |
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When parking your money in a bank costs you money, instead of “saving” you money because of inflation, where would the smart money park their money?  Total supply held by long-term HODLers is in ATH. Bitcoin will be $150,000 price minimum during the next year. |
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But when does this become "okay"?
OP, ignoring all potential problems from/because of a hard fork, I believe no one truly knows, or no one has a definite reply. We plebs can give you many different replies, and all of them will not be wrong, but none of them will truly be the right one either. It might depend on how you value Bitcoin’s main value proposition. |
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How much volume of transactions did Lightning have for those services last month, compared to its onchain counterpart? Are Lightning transactions increasing, month by month, giving more reason behind the utility of the Lightning Network? Or decreasing, giving reason to debate if the developers are just wasting their time or not?
the volume on lightning is not a public metric Yeah, we'll never get a truly accurate sense of volume, just because of the levels of privacy inherent in Lightning. Individual services can publish their own statistics if they choose to (but then we're reliant on the accuracy and honesty of those services). Capacity is a slightly more accurate metric to report, but we can still only use that to guess the overall amount of activity happening. OK, but can anyone in this topic assume that actual utility in the Lightning Network for users’ regular transactions is increasing? What is Bitcoin used mostly for? Sending to exchanges for trading, gambling, buying illegal drugs in the dark markets. |
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and there’s almost no high volume Bitcoin services/exchanges that accept it.
Here I think you're wrong, if nothing changed in the last weeks then we have the following popular exchanges accepting LN: - Bitfinex (see here) - OkEx- Bitnovo (leading Spanish exchange) - FixedFloat - Changelly-like exchange - HodlHodl - P2P - Paxful - P2P OkEx and Paxful have added it in the last months, while Bitfinex accepts it since 2019 or 2020. There are a lot of other smaller exchanges and services, see this list (in Spanish) and this website. Kraken seems to be in process of adopting it, although I'm not up to date about the current progress. How much volume of transactions did Lightning have for those services last month, compared to its onchain counterpart? Are Lightning transactions increasing, month by month, giving more reason behind the utility of the Lightning Network? Or decreasing, giving reason to debate if the developers are just wasting their time or not? |
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