Bitcoin just on $39k holding remarkably well considering the turmoil in the world and the constant FUD over the past 10 years.
Indeed, I am surprised. Thought we would have had a massive dump over the last 24 hours to be honest. Oil & Gas prices soaring, wheat -> food prices soaring, near 10% official inflation figures probably in the next month. Combine all that I think the central banks are going to be crippled to totally not be able to raise interest rates which means more inflation and only pretend economic growth. Perhaps those seeing that BTC is indeed a good inflation hedge and jumping into BTC for longterm and those who are only on the BTC bandwagon for short term investments and dropping off are finally balancing each other out, which could mean only uppity from here. I suspect this is because all the weak hands had mostly been cleared out from the 50% correction we had last year. And the weak hands that somehow held through that have now been removed from this recent correction. Retail is dead, which means no weak hands. I agree with this, and would like to add a reason; people are starting to disconnect Bitcoin from other frames of reference, it's finally gaining momentum based only on its own merits. Despite threats of new regulations, people are tired of governments screwing with their future, Bitcoin is the solution. -"Fix the money, fix the world." EDIT: This explains it rather well (!old, still valid)...  |
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Bitcoin obituary in 3... 2... 1... Happy dip-hunting, brothers  It's too late for that...0...1...2...bounce |
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I've tried to inform friends and family like this as well (so understand the frustration), the younger generations simply don't understand the destructive capabilities of these types of weapons, or when they do start to understand their confidence snaps and they lash out by dismissing it completely because it makes no sense. Anyone who has done ABC (Atomic Biological Chemical) warfare training in military, or grew up during the cold war will at least be partially aware of this.
I was a Fucking Marine under Reagen you morons. It literally was my job to place a nuke for cuba on a fucking skyhawk. Anyone trying to tell me Russia has first strike capability is a RETARD. You Commie leaning bastards keep trying to spin this shit all you want. BOTTOM line is MAD is in full effect. Same old bullshit rewrapped.  SF had portable nukes, Russians took a different approach and placed "suitcase devices" at strategic targets during peacetime. Claims about abandoning these programs fall under MAD, so doubt anything is actually cancelled. My point is that first strike doesn't have to be in the form of a missile. BTW: Drop the name calling, back your arguments instead. |
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56:30-1:02:00 ...but I think that he is exaggerating it, or least I hope.
I am a baby of the relatively stable MAD era, can't really think of the alternatives.
Welp, the guy sounds like a moron to me. It literally doesn't matter how fast the ballistic missiles are and saying we would have no response if Russia attacked is pure bullshit. The guy is fearmongering with lies. I'm sure the gaslit folks will buy it hook line and sinker but anyone else should know its a load of crap. ... I wonder if you've ever considered where Russia might be thinking of for a potential Poseidon deployment? ... not any land-locked countries, most likely an Island nation? or continental coastline? with a major CBD center, and on an estuary ... like London? or Amsterdam? or New York? or the Potomac? ... not that I would want any of that to happen but you've got to think practically about these things if you go to war, "cross red lines", steal people's money, blockade their trade, etc, etc ... what are your opponents capabilities, strengths, weaknesses, etc? ... not fearmongering but screaming "lies, lies, lies" in panicked denial is a sure recipe to get blind-sided by a superior military power ... why do you think NATO(USA) has been pushing so hard to get it's missiles so close to Russia, like in Ukraine literally on Russia's border? ... maybe because Russia has developed capability to bring down any missiles launched from further out, rendering most of ICBM fleet useless? I've tried to inform friends and family like this as well (so understand the frustration), the younger generations simply don't understand the destructive capabilities of these types of weapons, or when they do start to understand their confidence snaps and they lash out by dismissing it completely because it makes no sense. Anyone who has done ABC (Atomic Biological Chemical) warfare training in military, or grew up during the cold war will at least be partially aware of this. Some common examples of ignorance and general info... People look at the impact radius and think of a nuclear weapon as a huge conventional bomb totally ignoring the long term radiation part. For example, you can knock out a city like New York with 50-100 megaton yield, but depending on height of the detonation and elements used in the core you can make that area uninhabitable for thousands of years (radioactive half-life of the elements), meaning any survivors trying to move into this area will get cancer from the radiation and die within weeks, complete DNA breakdown in effect preventing generation of new healthy cells in the body. You have the neutron bomb which was specifically designed to be detonated at high(er) altitude to create an EMP blast which knocks out all electronics for hours, kills people through heat and radiation waves, but leaves buildings relatively intact and free from radiation. Biological weapons are risky to use for the military because it can move with weather/wind and hit own troops, but perhaps not when used on a whole continent with enemies. Thinking of the current covid pandemic with like ~1% death rate among the elderly, instead imagine something like Ebola weaponized which has 90% death rate. Anyone who has done VX (and similar) nerve gas training (chemical weapons) can tell you only one tiny drop of the stuff anywhere on your skin is enough to lock the body in complete spasms within seconds causing lungs and heart muscles to cramp up leading to death. The only way out of the cramp is to quickly use atropin which might end the cramp spasm (it's not 100% effective), the auto injector used for atropin can penetrate thick army clothes and even items in your pockets, it's designed this way because you only have seconds to administer before it's too late. Perhaps you remember the famous false flag operation in Syria about chemical weapons being used in Duma, where the CNN reporter picks up a piece of cloth from the ground and starts sniffing it and proclaims it smells weird so must be chemical weapons, it's comically bad (staged) for the reasons mentioned previously. This info is dated, surely there are worse things out there now. There seems to be no lack of innovation when it comes to killing people and deliberately destroying the earth. |
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Welcome back $40k+  When $100k? Hopefully after Biden announces US stance on BTC. Or could this be the front running of that announcement. Good news, I'm still surprised and confused, trying to figure out what happened? Did the market find out the war in Ukraine is a charade? Was reading this in parallel, probably not related, but still makes you wonder.  https://twitter.com/CraigMurrayOrg/status/1498090127146504193 |
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The 3.5% Rule https://carrcenter.hks.harvard.edu/publications/35-rule-how-small-minority-can-change-worldhttps://www.bbc.com/future/article/20190513-it-only-takes-35-of-people-to-change-the-worldIn each case, civil resistance by ordinary members of the public trumped the political elite to achieve radical change. Quite extraordinarily..nonviolent movements prove the most successful. Looking at hundreds of campaigns over the last century, Chenoweth found that nonviolent campaigns are twice as likely to achieve their goals as violent campaigns. And although the exact dynamics will depend on many factors, she has shown it takes around 3.5% of the population actively participating in the protests to ensure serious political change. That would be 5,111,332 people in Russia and 277,556,216 people globally. Can we do this as a species? Can enough people stand up and say enough is enough! Another filter...a keyhole to pass through. Its not just in Russia..its in the United States, the EU, India..China...its global and needs to be brought to heel. The nation states and autocrats who use fear, death and destruction to foster compliance from the general population. These cartels of weapons industry that perpetuate the seeds of war. The last thing Ukraine needs right now is more guns, planes and bombs. It needs the people of Russia to realise they have been duped again by the political elite. It needs Peace. apologise if this is disjointed or filled with half formed thoughts...got a pretty good buzz going too.I'm with you, and it's not that hard...a few options to consider, feel free to adapt your own custom version... Zombie option: Stop promoting and supporting war, passively doing nothing is fine. Lazy option: Stop promoting and supporting war, reply to warmongers in public (social media) and give peaceful suggestions/options, stay positive. Supportive option: Stop promoting and supporting war, reply to warmongers in public (social media) and give peaceful suggestions/options, support peaceful protesters against war (heroes) either financially or morally. Active option: Join a peaceful protest against the war, not for the fainthearted. I did the "lazy option" twice today (so far), didn't take much effort. We figured it out back in the 60s with MAD. Cooler heads prevailed, world realized that big powers need some space around them to feel safe (Cuba and US). Now we decided to test that theory again and see if Russia really needs that cushion. Regional conflict is being escalated into a global one. Now no one can back down without loosing face, we got to come to an edge before powers can sit down, do their dick measuring contest, then deescalate and pencil in some new lines on this globe. The closer we get to the edge the longer everyone shuts up about the new lines, cause you know, we almost just went over the edge.
So far, odds seems to be good that it'll happen before someone slips on that red button. Should then repeat again with China and Taiwan, India and Pakistan etc ... someone always wants to push that line so this is the best our species could come up with.
Yes, nuclear war is a game of chicken with the whole world in the balance. The problem I see here is that when the public start moving in favor of war on a global scale and the hate feedback loop is growing exponential, there is no way for the leaders to stop the process even if they wanted to. For example, when there is a ceasefire in Ukraine to discuss peace, some rogue force on the ground will break that moment and attack anyway, because they just got a shipment of stinger missiles shipped by some NATO friendly country. I think Torque had a point about the whole war being deliberate to save the US economy for another year (interest rates, etc.), doesn't seem far-fetched at all considering the MIC and wall street. This will be unpopular no doubt; Putin and Lavrov have been asking USA (and other NATO countries) to come to an agreement about the Donbas region (where a lot of the Russian speaking people live in Ukraine) since 2014, at every occasion they have been stonewalled with the argument that Ukraine has a right to join NATO, while this was going on (for 8 years total) Ukraine forces shelled the Donbas region and over the years thousands of people have been killed on both sides. This is no excuse for Russia to go to war in 2022, but was still surprised it took Russia this long to interfere, was expecting some threats in the form of higher natural gas prices or similar early on, but no, they went for full invasion instead. |
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After asking around among my friends, I'm the only one promoting peace at the moment, didn't get a single person in here to agree about that either (so far).
I am not going to proclaim to really know what is going on, even though I have heard that both that Putin was the aggressor, and I also heard that Putin had the right to go into Ukraine because there had been infringement upon the security cushion of his country. The evidence does seem to favor that Putin has been going in and taking over various places, so how does anyone advocate for peace if that kind of conduct keeps happening. I think that part of the fear would be that if you just give up and allow him to do what he wants (such as taking over Ukraine), he is not going to stop there, right?... We could say, from here on out, we want peace, yet even if we take this to a personal level, we could be kumbaya in our regular lives, but if people figure out that you are not going to fight, there are people who are going to take advantage of that... peace is not an easy thing to achieve because there are a lot of injustices in the world and even perceptions of injustices, so in that regard, sometimes the "have nots" are going to perceive that it is NOT to their advantage to play by the rules... and in that regard, they are going to perceive that it is to their advantage to use NON-peaceful tactics.. whether talking at the individual level or extrapolating out at larger levels whether institutions or governments. People do not even necessarily agree about aspects of the new world order or too much coordination between governments because there are thoughts that rules should be establish moreso on a local level... so in that regard, there can be pretty large differences of opinion regarding what the rules should be and in that same regard, some folks are not going to concede to peaceful means in giving way to which rules dominate.. so in that regard, do we just proclaim that ONLY peaceful means are acceptable and the peaceful proponents are likely going to end up getting beat up and bullied by those who do not believe in playing under those peaceful proponent rules (except maybe merely to feign their tactics)... TDLR: Lovey dovey goals of peace are likely easier said than done.. and you may well get fucked if you do not prepare for more aggressive tactics from opponents who might be wanting to gain value by other than peaceful means. In other words, probably the overwhelming majority already agree that peace might be the end-goal, but might not consider peace as a realistic way of approaching what is perceived as a bully on the other side.. and perhaps both sides perceive the other side as the bully/instigator/aggressor... Interesting points, and from what I gather you prefer peace over war (at least as the end goal). Peace usually starts with ceasefire, then negotiations, and finally compromise, that's pretty much it. With an objective mainstream media who cared about human life we would read news about every attempt to negotiate a way out of the war, there would be priority on peaceful means to end it, instead we have a bloodthirsty corporate sponsored media which fuels the fire by posting news about war heroes, old ladies learning how to use an ak47, news about sending weapons with a super positive spin, encouraging aggression at every chance possible, eventually people reading this shit start doing the same thing. |
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A bit unclear who they are going to fire them at though.
As soon the nuclear missile will be fired, the same second bitcoin will reach the all time high. If somehow, there is no more war, bitcoin still move to all time high from here. I posted this before, but reminder for those who thinks nuclear war can be won: https://en.wikipedia.org/wiki/Mutual_assured_destructionWithout internet, no decentralized currency will work, that includes Bitcoin. |
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I think you are right about the "smoke and mirrors" part, or at least that was the initial plan, but the ongoing warmongering on both sides is spinning out of control, hate feeds into more hate. After asking around among my friends, I'm the only one promoting peace at the moment, didn't get a single person in here to agree about that either (so far).
It's a sports team thing. Most people love to support their team despite it being detrimental to them. The players on the team and owners get rich, as the supporters hand over their hard earned money on tickets and paraphernalia. The other team is of course the enemy and they must be yelled at and insulted. Pride is of paramount importance. It seems war is no different, a team is picked, history ignored, and the leaders (and a few soldiers/players) are made into heroic celebrities as the people starve and die in ditches. We also bitch and bicker about who is wrong and why. All the while ignoring the real problem that starts all conflicts, which is having unrepresentative opaque governments with sociopathic celebrity leaders. This is the best explanation I've seen so far (ran out of merits again), too bad we don't solve all conflicts with sports. Unfortunately, this time around the "proxy" part of the war is growing thin, NATO countries now openly admit sending weapons, and Russian allies are outspoken about their support as well. How long before NATO troops get involved directly? And when that happens, how long before the nukes go off? As a citizen of the world (left the country where I was born back in 2001), having close to zero patriotism makes it easier to choose peace. |
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Seizure of Russian CB assets is a declaration of war. WW3 has just started. Nobody wins. The USA will become radioactive desert defending Nazi junta in Kiev. Psychopaths in London and Washington must tell this to people in the West!
Along with the SWIFT restrictions this is being a bit overblown I think. Their assets aren't being seized. https://www.zerohedge.com/geopolitical/devastating-move-us-weighs-sanctions-russias-central-bank-germany-backs-targeted- Commit to ensuring that "selected Russian banks" are removed from the SWIFT messaging system: "This will ensure that these banks are disconnected from the international financial system and harm their ability to operate globally."
- Commit to imposing "restrictive measures that will prevent the Russian Central Bank from deploying its international reserves in ways that undermine the impact of our sanctions."
- Commit to "acting against the people and entities who facilitate the war in Ukraine" by taking measures to limit the sale of citizenship, so called golden passports, that let wealthy Russians connected to the Russian government become citizens
- Commit to launching "a transatlantic task force that will ensure the effective implementation of our financial sanctions by identifying and freezing the assets of sanctioned individuals and companies that exist within our jurisdictions."
- Stepping up or coordination against disinformation and other forms of hybrid warfare.
Also note that the Russian CB assets will continue to expand as Europe will continue their purchases of oil and gas. If the Russian CB can't make use of these assets because they have been frozen, they will no longer accept Euros for them and will instead demand payment in Rubles, Yuan, or BTC? If Europe doesn't pay, there will be no gas or oil. In other words, no way are they really freezing any Russian CB assets. At first glance I thought this would be good for Bitcoin, but getting second thoughts, this could backfire and result in more BTC regulations. I think the SWIFT restrictions will affect the common people (working class) of Russia the most, if some country wants to buy gas from Russia they can bypass all of this without using Bitcoin (or other crypto currency) easily. The rich will just flee to their luxury bunkers eventually if the war support (on both sides) keep going at this rate. Of course the restrictions will hurt the common folk the most, that's been proven over and over again. Sanctions do nothing but screw over the people. And you're right it may be bad for Bitcoin, but Russia will not be getting cut off, because to do that would mean that Europe will collapse. It's all talk. smoke and mirrors, the elites everywhere will be unaffected. I think you are right about the "smoke and mirrors" part, or at least that was the initial plan, but the ongoing warmongering on both sides is spinning out of control, hate feeds into more hate. After asking around among my friends, I'm the only one promoting peace at the moment, didn't get a single person in here to agree about that either (so far). |
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Seizure of Russian CB assets is a declaration of war. WW3 has just started. Nobody wins. The USA will become radioactive desert defending Nazi junta in Kiev. Psychopaths in London and Washington must tell this to people in the West!
Along with the SWIFT restrictions this is being a bit overblown I think. Their assets aren't being seized. https://www.zerohedge.com/geopolitical/devastating-move-us-weighs-sanctions-russias-central-bank-germany-backs-targeted- Commit to ensuring that "selected Russian banks" are removed from the SWIFT messaging system: "This will ensure that these banks are disconnected from the international financial system and harm their ability to operate globally."
- Commit to imposing "restrictive measures that will prevent the Russian Central Bank from deploying its international reserves in ways that undermine the impact of our sanctions."
- Commit to "acting against the people and entities who facilitate the war in Ukraine" by taking measures to limit the sale of citizenship, so called golden passports, that let wealthy Russians connected to the Russian government become citizens
- Commit to launching "a transatlantic task force that will ensure the effective implementation of our financial sanctions by identifying and freezing the assets of sanctioned individuals and companies that exist within our jurisdictions."
- Stepping up or coordination against disinformation and other forms of hybrid warfare.
Also note that the Russian CB assets will continue to expand as Europe will continue their purchases of oil and gas. If the Russian CB can't make use of these assets because they have been frozen, they will no longer accept Euros for them and will instead demand payment in Rubles, Yuan, or BTC? If Europe doesn't pay, there will be no gas or oil. In other words, no way are they really freezing any Russian CB assets. At first glance I thought this would be good for Bitcoin, but getting second thoughts, this could backfire and result in more BTC regulations. I think the SWIFT restrictions will affect the common people (working class) of Russia the most, if some country wants to buy gas from Russia they can bypass all of this without using Bitcoin (or other crypto currency) easily. The rich will just flee to their luxury bunkers eventually if the war support (on both sides) keep going at this rate. |
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We can't start having mutiple bots spamming but if everyone wants it added you wouldn't have an issue adding it would you?
I agree but that kinda depends on how that would work. (Though I'm not sure how I feel about adding it over all. Just saying that it's not completely trivial. I think there would need to be a consensus that people wanted it). Absolutely and I would vote against it but that doesn't mean I wouldn't want it to have a chance if others wanted it. I'll state my position on this right now. This is the Wall Observer not the TA observer. CB is all about walls. It is integral to the WO. If he wants to post bot-generated TA news, start a new TA Observer thread. Leave it out of the WO. Although your argument makes perfect sense logically, WO is now the "War Observer", anything related to Bitcoin feels like a relief (including TA). |
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Russia is probably getting kicked out of SWIFT.
Good news for Bitcoin. |
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We can't start having mutiple bots spamming but if everyone wants it added you wouldn't have an issue adding it would you?
I agree but that kinda depends on how that would work. (Though I'm not sure how I feel about adding it over all. Just saying that it's not completely trivial. I think there would need to be a consensus that people wanted it). I would say let's not add the RSI bot to WO. I am sure no one wants more than one bot posting at a time. What I can do is post once in a day rather than 24 posts in a day. If you have any other plan/idea, do let me know. I just don't want to mess this thread up with bots. How about posting (pasting) manually for a while (as current user), see how the response is, then code a bot to handle it if popular/merited? I think ChartBuddy is good (although the Sleepy Joe avatar gets to me sometimes), combined RSI for different time intervals is good info also. Suggestions; lets us know what the source of the data is (ChartBuddy has an "Explanation" post linked), and make sure the info posted is correct (building trust takes time, doesn't take long to wreck it). |
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[edited out]
I'm looking forward to some serious green candles, but also have moments of doubt like ImThour when it comes to BTC price. I've been through a lot of shit the past decade but the shining star during this time has been Bitcoin, there is no doubt in my mind this is as important as the internet when it comes to inventions. The sideways BTC action slightly above the low mark (~33k USD) as of late brings out the worst in people here it seems, including me, and stupid wars doesn't help (yes, I'm a peace lover). I have a few friendly suggestions, no one has to agree (feel free to ignore), but I think it might benefit all of us in WO. Unless Bitcoin related (that's the exception)... 1) ...don't post war related stuff. 2) ...leave political remarks out of the discussion. I'm guilty of breaking these rules myself, but feel eager to improve. I was struggling about whether I should merit your post because there are a few points that I disagree with .. even though the overall intentions don't really seem bad..... Surely, world events could really end up causing bitcoin to tank, yet assigning high probabilities to that - like ImThour seems to be doing.. or even showing a downward trajectory that has $20k as it's highpoint.. and asserting that it is inevitable for bitcoin to touch such line, just seems bonkers as fuck... .and sure, I don't mind accounting for outlandish (and outrageous) scenarios that could happen because we have seen those things happen in bitcoin from time to time - nonetheless, we have to attempt to be somewhat realistic in our assignment of probabilities, so in that regard, we should not be treating 1% or 5% scenarios as if they were either highly likely or even if they have 50% odds.. because the reality of the matter is that they remain 1% or 5% scenarios and in our own mental and financial preparations we should be attempting to get as close as we can to approximating that rather than going into lala landia..... Of course, we do not need to agree about how high of probabilities to assign, and surely you may well consider my assignment of 1% to 5% to be way the fuck too low, and you are thinking 20%-ish.. but you want to be safe and prepare as if it were 30%.. and sure, that is on you.. to prepare (psychologically/financially) in those kinds of ways, if you want to do that, but you better realize that many of us are going to consider you a bit looney if you (I am not necessarily referring to you specifically, modrobert) are coming into this thread and spouting certainties regarding such scenarios that even you could not reasonably to be even close to certain.. even if you have assigned way higher odds than others have assigned. When seeing that "$20k doomsday graph" by ImThour I got a flashback from when price dropped to just over $9 (yes, no 'k'), and some people speculated that the rate would fall back to resistance at $2, this was fueled by the constant "Bitcoin is a ponzi" (have fun with your bubble) bullshit posted in this forum at the time. I just felt humble about the fact that no matter when you step into Bitcoin it will feel like a bad decision, as being late to the party. You (JayJuanGee) plan your moves and make seemingly smart decisions based on your own framework of rules, despite doing this for a long time I still do a lot of risky moves and lose money often because I suck at planning. I accumulate BTC when possible, trade when I need, and my approach is often to learn about the situation, the more info the better, to develop a "gut feeling" for how things will move roughly, and then I act on that and previous experience, have a few simple tactics, but nothing sophisticated. |
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I know some will not align with his politics, and others will (somewhat rightly) criticize his use of the word "crypto" a little too frequently. But this guy really does GET Bitcoin compared to his peers. He even got the fact that it will help the power grid in Texas, and his understanding of that is fairly deep. Anyway, I get a kick out of his delight at the nunchuck letter. Some may say he is a politician and none of them can be trusted... also possibly valid. https://twitter.com/tedcruz/status/1497031845984227328 Bitcoin needs more support, this is good news. I agree with Ted about the left, and want to add the "Bitcoin mining is bad for the environment" crap to the list of things they don't understand. We don't need policies restricting energy usage, make policies promoting clean energy production instead (solar, wind, nuclear and hydro). |
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-snipped-
Unless Bitcoin related (that's the exception)...
1) ...don't post war related stuff.
2) ...leave political remarks out of the discussion.
 Yes, I deserved that.  |
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Also, those who say why not bet on this if you are too sure, I don't trade. I look for opportunities to buy.
One of your later posts reminded me of this earlier assertion from you regarding your supposed looking for opportunities to buy. For sure, each of us should be attempting to figure out BTC accumulation strategies that are tailored to our own circumstances, and those of us who have more bitcoin have more luxuries in terms of already being prepared for UP.. so we might not be too concerned whether we accumulate more bitcoin or not. Your forum registration date is pretty damned recent, ImThour..,. March 2020.. which actually would have been a pretty good time to get into bitcoin and to get into bitcoin BIGgedly... but surely so many people got scared from events around March 2020.. and likely had some troubles psychologically (and perhaps financially as well) to jump into bitcoin BIGgedly at that time. Of course, anyone who ended up acquiring a solid bitcoin position in the few months around March 2020 or even a less optimal position of aggressively lump summing into bitcoin prior to September 2020.. would likely have ended up in a pretty damned decent financial position overall - especially given bitcoin's price performance that largely lifted off around September 2020.. and has not really crashed in any kind of meaningful way after September 2020 to even get close to those around $10k per BTC September 2020 prices. Perhaps guys like you ImThour are experiencing too many regrets about NOT lump-summing or front-loading into bitcoin in those early to mid 2020 times, and so now, you are engaged in a lot of fantasies to attempt to make-up for your then mistake.... and fantasizing about the BTC price going down in BIG ways.. and then you can make up for either your fuck up or just your overly whimpiness in entering into bitcoin. Even though I feel that I can blame you currently for your ongoing dumbass overly bearish proclamations, its really difficult to blame anyone for being overly whimpy in terms of entering into bitcoin, especially their first year into bitcoin. There can be all kinds of legitimate reasons that normies or new entrants into bitcoin are going to tend towards whimpiness when they are first investing into bitcoin. I even tend to recommend some variation of whimpiness - to the extent that DCA'ing rather than lumpsumming into bitcoin is a relatively greater form of whimpiness.... To try to save myself from some blame, I have frequently attempted to recommend front-loading into bitcoin too.. and that was my own strategy in 2013 and 2014 when I was first building my bitcoin position... and my front-loading did not really pay off that great for me since upon Monday morning quarterbacking what I did versus what happened, I would have better off to have started out a bit more whimpy and then becoming more aggressive later as the BTC price was falling throughout 2014 and then stayed pretty damned flat through most of 2015 - yet even with the greatness of the 2013 BTC price run that ended up resulting in a pretty great correction and even a great stagnation in order to allow for buying support to catch up, there still was no real and/or meaningful way to have high levels of certainty regarding how much of a stake in bitcoin would have been sufficient preparation for UP... .. so in that regard, even though retroactively assessing the matter, I overpaid for bitcoin I still feel good about the whole situation because I had a kind of psychological need to be prepared for UP... which overly stacking bitcoin seemed to satisfy such need. .. even if it took a decently long time (more than 3 years) for some of my purchases to become profitable. Seems to me that your supposed (top the extent that we can believe anything that you say) overly obsession about "searching for buying opportunities" fails/refuses to appreciate the value of DCA.. and preparing for UP, and I am not even saying that both front loading and buying on dips are not good supplemental strategies, even though I do think that it remains important to continue to highlight some of the nonsense aspects of your supposed philosophy of supposedly looking for buying opportunities, when we already are in the midst of 40% to 50% BTC corrections, and you are fantasizing about additional 50% to 85% dips from here.. which are hard to even take seriously in any kind of way except to categorize them as either long shot (in the ballpark of 5% at best and more likely less than 1% scenarios... to the extent anyone might be assigning higher probabilities to some of your out-of-this world expectations in terms of where BTC prices might be going). I'm looking forward to some serious green candles, but also have moments of doubt like ImThour when it comes to BTC price. I've been through a lot of shit the past decade but the shining star during this time has been Bitcoin, there is no doubt in my mind this is as important as the internet when it comes to inventions. The sideways BTC action slightly above the low mark (~33k USD) as of late brings out the worst in people here it seems, including me, and stupid wars doesn't help (yes, I'm a peace lover). I have a few friendly suggestions, no one has to agree (feel free to ignore), but I think it might benefit all of us in WO. Unless Bitcoin related (that's the exception)... 1) ...don't post war related stuff. 2) ...leave political remarks out of the discussion. I'm guilty of breaking these rules myself, but feel eager to improve. |
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Ukraine soldiers leaving for war and most of them will never return.   Correct me if I'm wrong but that guy in the first photo is a head taller than the chick he's hugging yet the runt playing nazi is a dwarf that a nazi would never call arian? Also the runt's ears stick out while the others ears do not. But its a false argument anyway because you can't paint an entire country from a few bad apples. If you did then every countrys people would deserve to die. The left side of the photo is from 2015, the Azov Battalion are posing after publishing a video which was posted on the International Holocaust Remembrance Day showing them dancing around and doing Nazi salutes. The right side is from a later date. |
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