utterly shameless
putting you back on ignore
 But I wait,
4 years 5 months 13 days.But Not achieved Sr.member . But why @nutildah Why??? WO guys no love for me...  Can anyone top this particular level of shameless? I can't top it, but I can ignore it. 3300 posts under 200 merits is impressive if in the negative sense. I am going to walk on the beach on the jersey shore. Its a nice day. I will read some of his posts and maybe. he has a few good ones. Some times I may read two shit posts from a low count guy and then decide to never merit them. So I will read up on him. his third post made in 2019 was okay https://bitcointalk.org/index.php?topic=5162520.msg51734686#msg51734686I read three posts from the earliest posts he did. I gave him 2 merits. I suggest reading his oldest posts first. I am wondering if he feels slighted and I can detect what happened to him. I will read more. Wait... I thought we were accumulating Bitcoin not merits? Where do I sell my Bitcoin for merits now? Is this a new meme token?  |
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Couldn't help myself... Here it is updated for this bull run as well as halving dates. Dates are plus or minus a couple days due to the interval being weeks.  EDIT - Looking at the black swan covid drop in March 2020... (like others) I really wonder how much that suppressed the run up and ultimately the ATH... |
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Pulled up my old TradingView account to take a look at badger. It loaded my last layout I had made in 2021. This is probably a coincidence right?  EDIT - originally showed 350 days - I checked it and it is actually 334 days - changed image accordingly |
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Once it reaches 50K, all the grandmas and taxi drivers fomo in, then one sells.
Then when it dumps back to 40K, one buys those coins back.
Not rocket science.
Aye, captain. In my poor ass case, this would make the majority of my corn subject to tax (if i'd actually sell and buy back in 100%). Most of my corn is tax-free, because bought before 2021, when the tax law changed. As soon as i sell it, it's untaxabe fiat money, but when i buy in again with that money, all corn i'd get hold of would be taxable when i sell it. In the face of 25% capital gain tax, this trade wouldn't work in my favor. Judging by the numbers, it's best for me to straight hodl, because IF i sell in the future at the (theoretically) highest price, only a fraction of the money would be subject to capital gain taxation. So i better choose wisely when to sell. That said, the projected ETF pump/dump seems not to be the best event for me to trade. The current situation of law kind of sucks in this manner, i can only hope for subsequent occasions to up my BTC holdings through trading back and forth, and preceding changes in taxation policies that would work in a better way for trading BTC. I can trade back&forth between Cryptocurrencies (and stablecoins) withour being taxed, but the crux here is that once i make such a trade, the amount of BTC (or Crypto) i'd sell for fiat money would make it taxable. So this option would be great, but the law considers sold/traded coins as the "oldest coins" of my holdings, making them taxable when selling for money as well. It's a shit law, and it's clearly aimed at milking traders, but it goes a little bit to far. But there's no reason to change the taxation policy, because why would the government want to pass on the extra money?  EDIT: While thoughtfully writing this post, Bitcoin went up several hundred US-bucks. Niiiice  EDIT2: Aaand back again @Chartbuddy: Let's make a deal like last time. I go to sleep and you push it over $45k? Thanks in advance!  #GN That's a better tax situation than the USA. Everything is taxable no matter the type of trade. A hefty 37% if sold or traded within 1 year and a shitty 20% if sold or traded after 1 year. If trading to another coin they base your value on what ever the USD value is at the time of the trade. Heavy traders in USA have a nightmare when it comes to tax season. EDIT - However, they have not closed the wash trade loop hole for crypto tax yet which has some small benefit. |
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This is one of the reasons I used to worry about shitcoins. I think many have entered into the space and then tar bitcoin with the same brush once they get rekt. This then leaves a sour taste in their mouth and are twice as reluctant to get into the real btc when they have a chance. Still I guess everyone eventually buys bitcoin at the price they deserve. In this case, those that got burnt will probably be the laggards (last 10% of people) that finally enter the space and end up paying the highest prices possible for their poor decision making.
You know, I am always blown away by the hoops some newbies jump through just to buy some of these shit coins... I mean, registering on scammy websites, sending crypto to shady addresses, buying Bitcoin in order to buy a token to swap for another token to be able to send it to an address posted on Twitter, ect... Meanwhile the ability to buy Bitcoin is so readily available and easy. Just about every mainstream app has it available. Not to mention you can buy it from a BTC ATM everywhere. The fucking grocery store I go to has one. I guess many are driven by greed and thinking Bitcoin might be good but (insert shitcoin here) is better and will make me rich next month. |
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Removed
Show us on the doll where the WO members touched you... |
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I think the hardest part for newcomers is the first bull run followed by a hefty correction. It's hard to deal with the "I'm a genius" followed by the "shit I fucked up" roller coaster of emotions. Many of those newcomers sell and call it a loss. Some of the newcomers tough it out and live to see the next bull run with newfound confidence in the bitcorn.
This is a big reason to do the "don't invest what you can't afford to lose". Being down and in a shitty position can force you to do things that just make things worse. This is very true. However, "what you can afford to lose" becomes a sliding scale for many people while facing losses they may not have expected. Maybe they initially thought "Shit, I can afford to throw $10,000 at this and lose it worst case scenario." Then suddenly they see $10,000 turning into $4,000 and start thinking "Well better to have $4,000 instead of $3,000 in my pocket". There are many studied psychological theories such as Status Quo Bias and Risk Aversion Bias that greatly impact people and thier decision making abilities. Simply put, you may find yourself doubting the decision you made today even though you're currently 100% sure of it. Emotions are a very powerful and funny thing that many folks do not understand how to control or be self aware of. A close friend of mine went to college for many years and studied investing and finance. While speaking to him during one of the bear markets he asked "How are you feeling with the current bear market?" I told him that it's just part of the cycle and I've been buying as much as I can on a weekly basis. I told him everything has cycles including the stock market. Now is the best time to buy. He told me that this strategy and mindset is one of the hardest things to overcome in the investing/finance world and something many (even expierenced) investors struggle with. This is a great example in which the person who bought $10k worth of bitcoin subsequently suffers a 60% or greater crash (loss of value), and if he continues to buy, then he may well bring down his average cost per BTC and end up in a much better position based on such persistence in his buying... see my examples earlier in this post. I wholeheartedly agree with you. What I am trying to say is many (I would argue majority of the general population) don't think like this or understand this. Maybe thier faith in Bitcoin just isn't there and they feel like they've "been had". Especially after thier Uncle Joey saw a video on YouTube explaining how "Bitcoin is a Ponzi Scheme" and calls them an idiot for buying it. Or maybe they are thinking they should buy the new SuperElonGTA6DogeRocket coin thier coworker told them about having a better return potential. Also, thanks for the merit pushing me to "Full Member" status. Of course, we can take into account the various misinformation that people have about bitcoin and their distractions into shitcoins, but sooner or later more and more people will be getting into bitcoin and we are still in the very early stages of bitcoin adoption in which we likely have to be mostly making sure that we protect ourselves and that our bitcoin investment is both sufficiently stacked but also that we have engaged in a certain amount of sustainable balancing and security in order to make sure that we do not lose our bitcoin and/or we are not forced to sell any or all of our bitcoin at a time that is not anything other than our complete own choosing. Even with your own forum registration date of late 2017, you have had the potential of enough time in bitcoin in order to have had been able to accumulate some bitcoin along the way, and surely some people are in better positions than others in order to be aggressive in their BTC accumulation, but some people do not have enough cashflow to put themselves into real solid BTC accumulation, even after 6 or more years being in bitcoin. Even though some of us who had already stacked most of our BTC prior to the most recent cycle from 2019 to now (let's say the last 4 years), there still might have been a lot of advantages to those who have not been in bitcoin as long in the last 18 months, the BTC prices have provided quite a few opportunities to stack sats for seemingly low prices relative to the 200-week, moving average, and so hopefully you were able to take some advantages of that period of time that may well now be behind us... perhaps? perhaps? Can always count on you for lengthy responses I'm not certain but, I believe your last sentence was a question. If so, as mentioned in my other posts, I've been buying bitcoin since I first discovered it. Majority of my buys are during the bear seasons. Occasionally, picking up buys during corrections in bull runs. I am fortunate enough to be in a position where I have cash left over after monthly expenses. Besides an emergency fund and some stocks, all of my cash goes into Bitcoin. I've had no reason to ever sell any sats since I've started my accumulation. I'm not fortunate enough to have had the opportunity to accumulate as early as some of you all but, still consider myself fortunate to start when I did. If you checked my profile stats you may have also noticed I don't typically post during bear seasons and reappear as bull runs start. My only focus during bear seasons is life and accumulating. Bull runs are just too exciting to expierence alone though. That and I didn't want to miss the Christmas cards this time around |
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I think the hardest part for newcomers is the first bull run followed by a hefty correction. It's hard to deal with the "I'm a genius" followed by the "shit I fucked up" roller coaster of emotions. Many of those newcomers sell and call it a loss. Some of the newcomers tough it out and live to see the next bull run with newfound confidence in the bitcorn.
This is a big reason to do the "don't invest what you can't afford to lose". Being down and in a shitty position can force you to do things that just make things worse. This is very true. However, "what you can afford to lose" becomes a sliding scale for many people while facing losses they may not have expected. Maybe they initially thought "Shit, I can afford to throw $10,000 at this and lose it worst case scenario." Then suddenly they see $10,000 turning into $4,000 and start thinking "Well better to have $4,000 instead of $3,000 in my pocket". There are many studied psychological theories such as Status Quo Bias and Risk Aversion Bias that greatly impact people and thier decision making abilities. Simply put, you may find yourself doubting the decision you made today even though you're currently 100% sure of it. Emotions are a very powerful and funny thing that many folks do not understand how to control or be self aware of. A close friend of mine went to college for many years and studied investing and finance. While speaking to him during one of the bear markets he asked "How are you feeling with the current bear market?" I told him that it's just part of the cycle and I've been buying as much as I can on a weekly basis. I told him everything has cycles including the stock market. Now is the best time to buy. He told me that this strategy and mindset is one of the hardest things to overcome in the investing/finance world and something many (even expierenced) investors struggle with. This is a great example in which the person who bought $10k worth of bitcoin subsequently suffers a 60% or greater crash (loss of value), and if he continues to buy, then he may well bring down his average cost per BTC and end up in a much better position based on such persistence in his buying... see my examples earlier in this post. I wholeheartedly agree with you. What I am trying to say is many (I would argue majority of the general population) don't think like this or understand this. Maybe thier faith in Bitcoin just isn't there and they feel like they've "been had". Especially after thier Uncle Joey saw a video on YouTube explaining how "Bitcoin is a Ponzi Scheme" and calls them an idiot for buying it. Or maybe they are thinking they should buy the new SuperElonGTA6DogeRocket coin thier coworker told them about having a better return potential. Also, thanks for the merit pushing me to "Full Member" status. |
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That rollercoaster emotion thing had a psychological cleansing effect on me. In short: it kept me grounded while my net worth grew.
I think that's a valuable effect not many other investments that make you rich can give you. In fact I think staying grounded is (almost) as important as making money.
I still talk to people when asked. And over the years it got easy to sort out the ones who just wanna talk vs the ones who really wanna buy. I invest my time accordingly.
I was, and I still am, on the receiving end of valuable info about BTC, so when I can give something back to someone curious it makes me happy.
Cleansing effect is a nice way to put it. I think discovering Bitcoin has helped me to always look ahead. Not for tomorrow or next year but, for 10 years or more from now. I didn't have that in my life before becoming a Bitcoiner years ago. It's weird because the Bitcoin bull runs almost feel like milestones in my life now lol. If you want to do a little experiment, ask someone where they see themselves 10 years from now. Most people have to ponder for a bit and then give an answer. I know exactly where I intend to be 10 years from now without thinking. It is always nice talking to folks who are willing to recieve and genuinely want to learn about Bitcoin. It just seems like it's 1 out of 100 people. I have my "group" I talk with regularly but, I ussually don't bring it up with new folks with the same excitement as I previously did in my life. |
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I think the hardest part for newcomers is the first bull run followed by a hefty correction. It's hard to deal with the "I'm a genius" followed by the "shit I fucked up" roller coaster of emotions. Many of those newcomers sell and call it a loss. Some of the newcomers tough it out and live to see the next bull run with newfound confidence in the bitcorn.
This is a big reason to do the "don't invest what you can't afford to lose". Being down and in a shitty position can force you to do things that just make things worse. This is very true. However, "what you can afford to lose" becomes a sliding scale for many people while facing losses they may not have expected. Maybe they initially thought "Shit, I can afford to throw $10,000 at this and lose it worst case scenario." Then suddenly they see $10,000 turning into $4,000 and start thinking "Well better to have $4,000 instead of $3,000 in my pocket". There are many studied psychological theories such as Status Quo Bias and Risk Aversion Bias that greatly impact people and thier decision making abilities. Simply put, you may find yourself doubting the decision you made today even though you're currently 100% sure of it. Emotions are a very powerful and funny thing that many folks do not understand how to control or be self aware of. A close friend of mine went to college for many years and studied investing and finance. While speaking to him during one of the bear markets he asked "How are you feeling with the current bear market?" I told him that it's just part of the cycle and I've been buying as much as I can on a weekly basis. I told him everything has cycles including the stock market. Now is the best time to buy. He told me that this strategy and mindset is one of the hardest things to overcome in the investing/finance world and something many (even expierenced) investors struggle with. |
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When I think back and the whole journey since I’m a bitcoiner …
Many know my story but when my friend showed me BTC and told me to buy/keep/hodl it.
I knew he would explain me everything a long the way.
But at the very beginning he said you just buy BTC and you hodl it everything in between is noise that you just ignore.
I think that’s the best advice for almost everybody.
Life changing, that's for sure!.. I can only count on one hand, the amount of people who listened to me over the years and hodl. Maybe it is because I am a shit salesman, but I'd gave it my best! I concur, filtering the noise is one basic psychological strength to hodl for long. At this epoch as an internet savvy person and, you don't own bitcoin still questioning it's a risk, hey bro, the risk is all damn on that person not owning BTCI think the hardest part for newcomers is the first bull run followed by a hefty correction. It's hard to deal with the "I'm a genius" followed by the "shit I fucked up" roller coaster of emotions. Many of those newcomers sell and call it a loss. Some of the newcomers tough it out and live to see the next bull run with newfound confidence in the bitcorn. At least, this is my personal expierence. That first bear market after I started buying was rough but, I persisted and had faith in what BTC stands for. All of the other bear markets after that had zero effect on me. In fact when ever I saw BTC vs USD declining my biggest stressor was not having as much dry powder as I wanted to stack sats at a discount. I only have a few friends and colleagues that understand Bitcoin. The others I've spoken to still have no clue and make comments like "You still have that Bitcoin? I heard it went down pretty bad" or "I heard it's going up again". Many of these folks are ones who bought 7 or 8 years ago, panic sold, never looked back. I honestly don't even try to talk to new people about it anymore because I've come to realize not everyone will understand and not everyone is cut out for short term emotional roller coasters. Observing 1BTC = 1BTC |
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Jesus. Two pages of going on about GPUs and not one locomotive?
We're still a long way from CCMF. Maybe after $60k. Indeed we’re still in recovery mode I think they'll first do a major bull trap (sell the ETF news), before eventually reversing course and plowing onward and upward. This seems like the most likely scenario to me too. |
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Interesting article https://www.kitco.com/news/2023-12-05/Bitcoin-breaches-44k-as-BlackRock-secures-seed-capital-for-spot-BTC-ETF.html"BlackRock sees a high probability that its application will be approved, and Bloomberg Intelligence ETF analysts Eric Balchunas and James Seyffart say there is a 90% chance that the first spot BTC ETF will be approved by Jan. 10. Max Keiser, a well-known Bitcoin maximalist, has also caused a stir of speculation by tweeting about “rumors” that the sovereign wealth fund for Qatar – which is responsible for managing the nation’s vast oil and gas-generated wealth – is “looking to buy” $500 billion worth of Bitcoin. Keiser suggested that this could lead to a “$100,000 God Candle” on the BTC chart" God candle! I like the sound of that! I also thought this part of the article was fun... Data provided by Coinglass shows that as a result of the move higher for BTC and multiple altcoins, over the past 24 hours, a total of $167.26 million short positions have been liquidated, to go along with $82.94 million long positions.
“Traders do not have enough upside leverage, this is the conclusion from the elevated premium that perpetual futures are trading at,” said Markus Thielen, head of research at Matrixport. “While for most of the year the perpetual futures traded at a 5-10% premium, since November, this has expanded to 10-15% and occasionally trading with 20-30%. This shows panic buying from traders who are closing out shorts or increasing leveraged longs.” |
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Just dropping in to see if Proudhon has posted yet. Need confirmation the bull run has started... Observing BTC at $42,278 USD |
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Is it too early for gay Christmas cards? We've got volume now... just need more green sticks and less big red ones. Just thinking outside of the box here.
 Jojo... can you take one for the team and drop a $250 mil market buy for us? Should speed up this recovery. *EDIT observing BTC sniffing near the 50 day EMA again. One more bounce? |
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Is it too early for gay Christmas cards? We've got volume now... just need more green sticks and less big red ones. Just thinking outside of the box here.
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Volume building. Price increasing. "Something" is about to happen  |
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i dunno what happens but i imagine it could be something like this.. dyor D  stronghands I'll call this the supply shock projection. Next up, Lambo supply shock. |
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While I agree Bitcoin is king daddy, I won't say that shitcoins have no use.
I am mostly referring to "in this thread" when I start to become really hostile to any shitcoin discussion that is other than negative. In other words, if you have nice things to say about various shitcoins, then probably better to take it to some other thread, because the conversation just seems to devolve if we get into comparison/contrasts regarding which shitcoin might happen to be less shitty.. and then what? we are no longer focused in any other kind of way. Another thing regular peeps say is that we can talk about race, intellectual superiority, sex/gender, religion, politics, diet (including what who ate for dinner), covid, blah blah blah.. and sure of course we can go all over the place on the various other (nonshitcoin) topics, but they are not likely to devolve into bullshit ideas that attempt to naysay on bitcoin for no reason at all beyond pumping some shitcoin or another. Shitcoins sole purpose to me is to gain more BTC.
There are threads about that in this forum, and no need to get into those details here.. I've doubled my Bitcoin stack in the last year by trading BTC/Shitcoin pairs.
Good for you.. I am glad so far that you are not getting into too many specifics, except for tempting the topic that trading shitcoins is valuable.. which is also a slippery slope area.. because ultimately it you try to talk about it very much at all, then people are going to be tempted into asking you about specifics, and then what? We are in lalalala fantasylandia talk. While I'll never hold a shitcoin longer than a week it has been a nice way for me to stack sats since I wasn't as early to Bitcoin as most others here.
There are ways to stack bitcoin too.. without getting involved in either trading or talking about shitcoins.. .. but anyhow, I have no issues or concerns about people gambling or engaging in various trading tactics to get more bitcoin .. but still seems that there are other threads on this forum in which such topics can be discussed without leading many of us here into temptations of talking about various shitcoins.. rather than attempting to NOT lose our focus on various many topics about dee badger.. or perhaps how many 2x4s or carts of tbones, hookers, lambos and blow you can buy for 0.21BTC? All points taken. I'll continue to focus on hookers, blow, and lambo themed posts. |
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There is also the idea of no correct investment for everyone, so sure some people may end up with some shitcoins in their portfolios based on their circumstances and conclusions about what they believe fits their needs, and for sure I am not advocating shitcoins at all, but I do consider them to be so damned much correlated to bitcoin that it is way the hell better to learn about bitcoin and to get an adequate stake in bitcoin way before even exploring the mostly nonsense of shitcoins, and frequently those individuals who get involved in bitcoin in fairly deep ways will lose interest for shitcoins, not merely based on monetary performance but based on understanding aspects of what differentiates bitcoins from shitcoins.
Many people think that some shitcoins are at lower prices and low Market cap and they could easily get a big chunk of profits from them and allocate more of them or under someone's influence just invested their life savings into such shitcoins and after market dumps the prices crash,whales take out profits and all other lose funds and then blame the market for the same.Bitcoin is best in safe in all terms like prices, decent returns, security and adoption and why can't they see it. Who cares what people say about shitcoins? It's not really on topic here to be comparing and contrasting various shitcoins. It's a slippery slope that does not lead us anywhere While I agree Bitcoin is king daddy, I won't say that shitcoins have no use. Shitcoins sole purpose to me is to gain more BTC. I've doubled my Bitcoin stack in the last year by trading BTC/Shitcoin pairs. While I'll never hold a shitcoin longer than a week it has been a nice way for me to stack sats since I wasn't as early to Bitcoin as most others here. |
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