mindrust is overly bearish in my opinion. We've had enough of those dumps and "last down before up" theories. It's very unlikely we're going back into 4 digits.  You call that bearish? If was bearish, I would name $1k. When that triangle gets broken, it will make a huge move. That move %80+ is going to be upwards. Why? Because that's a bull market. The small possibility is that it will be downwards to $7.5k just to build up more strength for the next upwards move. Calm down, we'll get there. Not in a week though. Those seem to be reasonable numbers to the extent that I understand what you are talking about. There is a bit of a tension in your numbers... you seem to be giving a decent amount of attention to down, but then only assigning reaching below $7.5k to 20% or less. Am I confused or what? I mean, even if I were to assign slightly higher odds towards our lil fiend breaking upwards first, 80% plus seems to be quite high odds, but if you really were to believe that the odds of UP were that great (80% plus), then why would we be giving much, if any attention, at this time, to odds of down that would presumably be less than 20%? I would think that the odds for reaching $7.5k in this correction to be a bit greater than 20%, maybe even approaching 40%-ish, but if we are actually talking about going to the $3,122 price arena, then the odds of going to that or below that might more reasonably be described in the less than 20% arena. Anyhow, I find your numbers a bit confusing, and also if true your desire to focus on what you consider to be low probability events. To attempt at better consistency, either you have to change your focus or change your numbers... hahahahahha  Let's make this %50. It is either going to go up, or down. It is pointless to say %20, 40 ,80 or whatever. %20 is just what I pulled out of my ass.  Why? Because I want it to go up. If it goes down, I won't cry like a baby, I'll just buy more. I think what JJG is trying to say (and I agree on this) is that I mean if it's 50:50 then why do you only describe the down scenario here? To be fair you should also speculate on the up scenario just to stay objective and not scare the shit out of the noobs and weak hands... Dude you are so emotional about my guesses. I told you before. If you feel depressed by any down scenarios, even though the major trend is bullish, it means you are too deep in bitcoin. We'll get there. Hang on. Dude I've been HODLing since 2011 nothing can make me feel depressed anymore. I've seen it all. I'm freaking invincible. |
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mindrust is overly bearish in my opinion. We've had enough of those dumps and "last down before up" theories. It's very unlikely we're going back into 4 digits. You call that bearish? If was bearish, I would name $1k. When that triangle gets broken, it will make a huge move. That move %80+ is going to be upwards. Why? Because that's a bull market. The small possibility is that it will be downwards to $7.5k just to build up more strength for the next upwards move. Calm down, we'll get there. Not in a week though. Those seem to be reasonable numbers to the extent that I understand what you are talking about. There is a bit of a tension in your numbers... you seem to be giving a decent amount of attention to down, but then only assigning reaching below $7.5k to 20% or less. Am I confused or what? I mean, even if I were to assign slightly higher odds towards our lil fiend breaking upwards first, 80% plus seems to be quite high odds, but if you really were to believe that the odds of UP were that great (80% plus), then why would we be giving much, if any attention, at this time, to odds of down that would presumably be less than 20%? I would think that the odds for reaching $7.5k in this correction to be a bit greater than 20%, maybe even approaching 40%-ish, but if we are actually talking about going to the $3,122 price arena, then the odds of going to that or below that might more reasonably be described in the less than 20% arena. Anyhow, I find your numbers a bit confusing, and also if true your desire to focus on what you consider to be low probability events. To attempt at better consistency, either you have to change your focus or change your numbers... hahahahahha Let's make this %50. It is either going to go up, or down. It is pointless to say %20, 40 ,80 or whatever. %20 is just what I pulled out of my ass. Why? Because I want it to go up. If it goes down, I won't cry like a baby, I'll just buy more. I think what JJG is trying to say (and I agree on this) is that I mean if it's 50:50 then why do you only describe the down scenario here? To be fair you should also speculate on the up scenario just to stay objective and not scare the shit out of the noobs and weak hands... |
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mindrust is overly bearish in my opinion. We've had enough of those dumps and "last down before up" theories. It's very unlikely we're going back into 4 digits. |
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LFC_Bitcoin & micgoossens - Amsterdam  Wow great pic guys +1wo smerit! |
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SOON  You are already close.  I could buy a few but I’d have 0 BTC left  To buy a Lambo you’ve probably got to have 10 x that kind of money elsewhere to justify it. You’d look like a bit of an ass hole in a modest house with a Lambo on the drive. I suppose you could get any girl you want though pulling up to the club driving your Lambo, just take her to a hotel instead of home after I guess we'll all have to sacrifice either time or money and choose between a young (middle-aged) man with a modest house and with a Lambo on the drive and an old fart with a mansion pulling up to the club in a Lambo |
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it is froming a pattern that looks like a new ATH will come this autum.
New ATH before the end of this year that's a fact. |
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The Art of BTC HoDLing- The Art of BTC HoDLing is acquired through years of patience, deep understanding of the tech, and a firm belief in what BTC can do and how it can change the world for the better.
- You know that you have mastered the Art of BTC HoDLing when you are not worried at all when a dump occurs. You just smile because you are trained to expect them, and know what's to come.
- You know that you have mastered the Art of BTC HoDLing when you are not overly happy when a pump occurs. What's a 50% rise in BTC value? Nothing! Can it be compared with your current gain of xxxx%? Absolutely not! You just smile and save the real excitement for when BTC = $100k ~ $1m (10x ~ 100x, depending on your wants and needs).
- You don't check the BTC/$ price as often as you used to.
- When you see/hear the word HoDL, you immediately think of Guinness and their famous tagline: "good things come to those who wait".
- You don't ever dare buy pizza with BTC, because you know the consequences and won't be able to live with yourself.
- You know who Carolina is, and what instrument she plays.
Have fun WO brothers!  I'd like to contribute to this wonderful encyclopaedia of HODL - You easily identify beatrolls and you are immune to their FUD and BS.
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Sad to see another legendary account sold/stolen and turned into a shitcoin shill.  Nope. I ignored him years and years and years ago for the exact same reason many are in the mood to do so now. Don't worry too much about it uncle D, serveria.com enjoys jumping into hasty conclusions.  Hasty or not but I can smell beartrolls from miles away. |
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Usually, this thread is flooded by trolls during dull and bad days, but why today? I don't get it. Unless... they are so desperate having sold too early and seeing now the price, so the only thing that comes to their sick minds is to come here and do some shitposting with the same taste in their mouths. Guys, get a grip, Bitcoin is heading for another massive and long bull run. Buy now, hodl for 3-5 years and all your misery will be gone one day when you see the result. But if you are thinking that you can make a big hit with some pump/dump shitcoin, this is your sick brain that will lead you to a destruction. Nobody here is to blame when you will cry in pain and misery. Transaction fees, speed, bla bla bla. This trick will not work on the minds of the jedi here in WO! I'm out of smerits so +1 WO merit |
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I suspect the domestic terror threats of the next decade will be incel shitcoiners (every coin but Bitcoin) killing innocent nocoiners for not adopting their shitcoin. Bitcoiners wont be affected bc of the ability to afford the best security sound money can buy.  via Imgflip Meme GeneratorHey Lambie! When $4900? |
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I argued the mere fact that Beam is not a shitcoin after someone mentioned that it was. Happy speculation, I will probably check in after another 3 years.
No one will use company/foundation/corporation/country/whatever owned coins. Specially with alternatives they have. Data show otherwise, Beam average number of transactions daily is much more than Monero and definitely more than Zcash and Grin combined and it is growing daily, again I am not trying to convince you anything, just get your facts straight. Someone asked me how come an OG like me is into altcoins, the truth is that I joined this space for 2 things: interesting tech and making profits, and after 7 years I am still looking at all kinds of tech and trying to make a living off it at the same time, so all I can say to you guys is don't be stuck in that echo chamber of maximalism, be a minimalist on maximalism because it is becoming a cult. Ask yourself what is the goal behind your involvement in this space, then be agnostic about it. Sad to see another legendary account sold/stolen and turned into a shitcoin shill. |
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I have called every bottom and top since 2012
I sold most around $9K bought back with some of my stash around $4500
Muahaha just for your info, $9k was not the top and $4.5k was not the bottom I will probably check in after another 3 years
Please check in... never |
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1. It has a massive target in the form of a centralized dev team - same as Ethereum. This is a very easy target for governments to crack.
2. Network effect is close to zero
3. The dev penalty is widely known and contrary to cypherpunk principles. Hence no buyers of last resort. It can easily run to zero and stay there.
4. ASIC resilience is a scam.
It has one thing going for it, they capped supply unlike Grin. Grin team fucked up the economics, same mistake as Monero.
1- I agree, development was designed to be centralized for the first year to allow for quicker progress (compare it to Grin or Monero for example), Ethereum and Zcash have the same model but Beam will change that by handing it to a foundation (same like the one Bitcoin had early days), but honestly if you think about it even the Bitcoin core write access is mostly held by Blockstream employees so... 2- Network effect works as long as the tech evolves, IBM had the network effect at some point as well, not denying Bitcoin's Network effect but I don't think this is a zero-sum game, don't forget that Beam was the first MW implementation, and it offers the best privacy/scaling right now. 3- Dev tax is priced in, I see the dev tax the same way I see the coinbase reward miners collect, we don't expect miners to throw free power thus we shouldn't expect devs to work for free, and you are so wrong about the cypherpunk principals, free means freedom and not slavery. also, what about the 1M BTC Satoshi owns? is it fair if he would be able to spend it one day? 4- Nothing is Asic resilient and the plan is not to be ASIC resistant, but switching PoW every 6 moths ruin any plans for any ASIC R&D thus making the distribution somewhat better the first year. Nice discussion guys but I suggest you move over to Beam discussion thread. I bet 99.9% of members here are not interested in any Beams-shmeams. |
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Wow! Hypnotizing!  |
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You are a fucking diptwat.
...
TLDR: So what the fuck would you know about either bitcoin or this forum?
If thats so Then “insert Will ferrell gif.... what a loser” He probably listen to r0ach same-ish price cash out At least he didn't start in with what a terrific coin BSV is.  This is hilarious! |
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Well, to be honest I have nothing against shitcoin shills like Norway. I somehow don't feel that strong urge to punch him in the face like I have with jonoiv, rebal, proudhon or gembitz... I only feel sympathy and compassion as this person is lost and confused and it will turn out very costly for him... It's funny and illogical but I don't feel and hate towards roach too. Roach is in fact hilarious and I'm refusing to ignore him. With roachie I'm guaranteed to LMAO at least 2-3 times a week. |
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Good job.
A few months ago I asked the members of WO: How they want statistics, with data or images? They prefer images Thank you. I can give you plots (images), but they are boring plots with just 6 datapoints. I need more data to have attractive plots. If I don't have more datapoints, I do not need to draw boring plots. Here is the only data point I want to see.  This is actually wrong. Add at least 1 zero to that number (preferrably 2 or 3) |
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Last night with my babe to celebrate the 10K$ again  Wow this is hot... congrats your woman is top class Either she is very young or it's a perfect boob job... |
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tumbleweed.jpg |
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What's Gemini?
I think this is treason to WO, observing @Stamp!
Meh. It’s the exchange I use. Bite my shiny metal ass, brother. Futurama reference spotted! That, or maybe Bob had another surgery. Yeah, don't forget balls of steel |
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