I don't have any specific pieces of data that I would like to quote or be able to quote, yet I get the sense that we are still in very early stages of adoption whether we are attempting to analyze individual adoption, institutional adoption and/or governmental adoption.  Sure some of them are accumulating bitcoin on the side to the extent that they are able to do that.  Some institutions and governments have reporting obligations, but it does not mean that they report what they are doing, unless the laws are very strict on that, such as in the publicly held company has even more strict reporting obligations.

Even with the recent introduction of bitcoin spot ETFs.  Sure, they provided some avenues for some individuals, institutions and governments to get into BTC (or at least price exposure) who would not have otherwise been ready, willing and/or able to get into BTC, but even that obviously successful opening of a investment product seems to be in very early days, and ONLY the earliest of folks had gotten into BTC through that vehicle.. and yeah some of those who had been early into the ETF might have been overly greedy because they are trying to front run the ones who are coming in later, but the mere showing of a lot of interest at the start does not likely signify that those early entrants to the ETF represent large segment of institutions (and they well might not even be institutions, but instead a bunch of scattered individuals).  I am  pretty sure that the ETF providers are going to have some reporting requirements in regards to the composition of folks buying into their ETFs.


The truth of the matter is that a lot of the population is still ignorant about BTC.  For years, we have been hearing that "everyone knows about bitcoin now," and related kinds of claims that attempt to imply bitcoin is mature or is maturing or needs to be considered as a mature asset, which largely is a bunch of bullshit.    Sure, more and more people are learning about bitcoin, and they are hearing the word bitcoin, and even some folks are choosing to get involved in bitcoin, in case it catches on, but still merely hearing the word bitcoin and being able to say a few descriptive things about it, does not mean that people really know what bitcoin is, except in some superficial and likely inaccurate sense.. including many times the most immediate thoughts are going to be "oh wow, look at that bitcoin thing.  Price has gone up a lot over the years.  Too bad that I did not get some.  It's too late to get in now."  And then after they come to these superficial assessments, they either get on with their day or they will tend to have the same response, every time they come across the term bitcoin.. and another thing is that they most likely don't know the difference between bitcoin and crypto, so anything that comes up in the news related to crypto (aka various shitcoins or other projects), they may also summarily include that into their general presumption that it relates to bitcoin (which surely is not an untrue assessment - because there is likely quite a bit of ongoing reluctance or even perceived inabilities to really investigate into figuring out some more accurate information sources to be able to better able to sort through how bitcoin fits into the picture more specifically - and more importantly the sound money and individual autonomy attributes of bitcoin).


By the way, you seem to be making quite a bit of presumptions regarding what an average person looks like, which is that most people are not already diversified investors, so yeah they might have some stake in their personal residence, and they might have a 401k (or some other retirement account) that includes the holdings of stocks and bonds (index funds), yet there are likely an overwhelming majority of folks who don't have any kinds of meaningful investments... so how are they going to think about a "diversified portfolio" when they are not already at that stage.  Sure, even the folks who already have investments and a "diversified portfolio" are largely not choosing to include bitcoin into their holdings, and so they are still likely ignorant about bitcoin.

I am not sure who comes to bitcoin first?  It would seem that the already investing folks might at least have some ideas about how to invest, versus  a lot of folks new to investing are either going to learn about investing, but they might come to investing as a form of gambling and/or trading, so it could take them a bit of time and mistakes before they learn the difference between trading/gambling and investing.


We are stuck with the history that we have, and in some sense we are lucky that El Salvador has been so smart about their approach to bitcoin.  Of course, they have challenges of poverty, which likely contributes to their inabilities to invest more into bitcoin, and maybe it already seems that they are being overly aggressive in their bitcoin investment, yet from my attempts to do the numbers, they seem to have a pretty whimpy investment into bitcoin (less than $400 million holdings of bitcoin and $7 billion of annual revenues), even though it seems to be a lot.. but at the same time, even that relatively seemingly whimpy investment into bitcoin is showing quite a bit about how bitcoin can be used responsibly to buttress a country's budget.


It surely can be dangerous if El Salvador tries to overly fuck around with shitcoins, and so it could end up having some slippery-slope effects if they are not able to keep some of there debt issuance (token creation) or whatever are the details in check, and so within any of their bitcoin adoption, they are still needing to dance around real world dynamics, and hopefully they do not end up losing their way or becoming hypocrites in their actual real world practices.  With any of these discretionary matters, there sometimes might need to be some practicalities, and I am not going to presume that they are going overboard in whatever shitcoins they are allowing to seep into various aspects of their budgeting matters (or various projects that might seem ambiguous in regards to going down shitcoin routes).

Some guys are making mistakes, and maybe there is a language barrier, even though it should be pretty straight-forward to state
1) how many total days doing pushups
and
2) how many total pushups

Once the number of pushups is reported, the total number should not be going down within later reports.. so yeah, red flags when such low numbers of pushups are reported, even though in their descriptions of what they say that they are doing, the guys are saying that they are doing a lot of pushups, but then for some reason, they are not listing those total numbers of pushups in their reports.


That is a pretty high daily average.. 269 pushups per day.


We can never really know the direction of the volatility, especially in the short-term, yet part of the reason that many of us invest into bitcoin is because we likely recognize and appreciate that there is a lot of asymmetric potential to the upside, so that even if we might recognize that we could lose up to 100% of our investment (if we had not leveraged), there are good chances  that we could make a lot more than our investment, including outperforming a lot of other asset classes.. even though it is not guaranteed to outperform anything... .

One of the main guarantees is volatility, including that there is likely an ongoing battle going on, so if you don't get shook from your coins, you have good chances of having more options in the future because of your investment into bitcoin.

besides holding.. buy too. .the overwhelming majority of folks do not have enough bitcoin, even though there could be some members in the forum who have enough.. but the forum members do not necessarily reflect the overall population, even though I suspect even that a lot of forum members do not have enough bitcoin.


That has turned out to be a good method Ricardo11, even though maybe it is a bit whimpy on the amount of pushup increases, since your body gets used to pushups and it can probably increase more than 1 push up per day, but hey whatever, you do you.

Regarding getting to $100k by the time you get to 100 pushups (that is in 40-ish days), it does not seem to be very likely to be expecting that.

Never say never, but that seems to be a bit of wishful-thinking - even though I am still anticipating decently good chances that sometime this year (2024) we will get BTC prices between $120k and $180k.. yet I am thinking that if BTC prices get into that range at some point in 2024, then there would potentially be some balancing in that price range prior to figuring out if the price might go higher or not, a .. including decently good chances of having some kind of a higher ATH price in 2025 as compared to whatever ATH ends up being reached in 2024 - and hopefully the $73,794 that we already reached in this year is not the ONLY ATH for this year.  We cannot know, except we know that there seems to be a quite a bit of ongoing buying pressure.

Fuck shitcoins.  There is no reason to talk about them in this thread unless you are going to denigrate them or just mention some aspect of them in passing. Otherwise, any kind of potential positive talk about shitcoins is distracting and merely leads to attempting to explain which shitcoin is less shitty which is not this topic... It is a distraction from our topic...

Another thing is that this is not the anything you invest in topic to make your MOAR richer.. fuck that nonsense. and take it somewhere else and try to focus on the topic, which is bitcoin and the ways to accumulate bitcoin.. That seems to be a BIG enough topic, already.


Wow if you are picking out some other shitcoins, then it appears that you are trying to pump which shitcoins happen to be less shitty (and your choice of less shitty coins happens to be ethereum and BNB), so where does that lead us.. It leads us to being off topic and talking about irrelevant bullshit of whatever thousands of potential other shitcoins... 

Ain't nobody got time for that.


It does not matter.  There is no need to bring them up, unless you want to denigrate them. .. No need to say that they should be part of anybody's investment.. Talking about shitcoins, especially in an attempt to spin something positive about them remains a slippery slope.

You can do what you like, but there is no reason that any of us should want to listen to any bullshit about which shitcoins any other member believes is less shitty.. and it is especially distracting to mention something like ethereum that so many try to compare to bitcoin as if it were similar .. fuck ethereum  and fuck, other shitcoins.  You can talk about that bullshit in some other thread. .This is not the bitcoin and also ethereum as second best thread.. that is retarded to even allow that.. without pushing back on any member trying to argue to include any of that crap in this thread.


At least you prioritize bitcoin.. that is a good thing.. .yet I still doubt that there is any need to talk about any shitcoins unless you have a specific reason for doing so.. such as something that does not make it seem like you are pumping them..

I feel bad that sometimes I talk about selling in this thread.... but I try to make it clear, that guys need to get to a certain stage of accumulation before they start to consider selling techniques as part of their bitcoin strategy.. so really selling comes after having had already reached various accumulation levels, and so in this thread we should be trying to mostly focus on buying and accumulating rather than anything related to selling, trading and even shitcoins.. shitcoins like fit within a trading and/or gambling strategy, and sure maybe they might be mentioned as something that people do, but it is not helpful to be getting into discussions of those kinds of things in this thread.


You might have had good intentions.. but I still think it is problematic to talk positively about any shitcoins within bitcoin threads.  People still do it, and I applaud anyone who tells them to fuck off with their shitcoin talk..  There are a lot of non-bitcoin threads or even mainstream places where you can compare and contrast shitcoins with bitcoin.. so many times in this forum, the bitcoin threads should not tolerate any kind of talk about shitcoins, especially when the tone might be ambiguous in regards if you might be recommending to have them in your investment portfolio.. Fuck shitcoins.

Our whole current monetary system revolves around debt.  So it does not matter if we are talking about a country, an institution or an individual.

If you are able to utilize debt without over extending yourself while able to service the debt for the purpose of investing rather than consumption, then that is a good use of debt.  There is a difference between using debt for investing versus consumption or even if the investment is into something that has likely abilities to return more than it costs to service the debt versus if the thing that is invested into (or consumed) depreciates in value, so we likely need to figure out how the debt is being used in order to have some better sense regarding if it is a good debt or a bad debt.

Terms of debt can also change, so in that regard, someone with good credit, good cashflow and various other highly valued assets (such as bitcoin) is going to be eligible to receive better terms for their abilities get into debt relationships.  Not everyone is created equal and not all kinds of debt are created equal, and so it is quite likely that the building up of bitcoin as a held asset is going to put El Salvador in a better rather than a worse situation, even though right now, an overwhelming majority of status quo institutions don't necessarily recognize bitcoin as a good kind of an asset to hold.. but they are dumb in regards to bitcoin, and they are going to learn that bitcoin is the most pristine asset that exists, and that is where smart people, institutions and government are (and should be) putting their investments/savings/extra money.

The place of bitcoin as a superior place to put money is asymmetric information that most people do not know or realize, and so the mere fact that other folks don't seem to know about bitcoin or to appreciate its power, does not mean that each of us, whether individuals, institutions or governments should not act upon our having had figured it out early.. and yeah, others are going to catch up, but it might take a while.. 20-50 years or more.

Some of my best friends don't eat pork.


How could that be?

Sounds like noise to me.

You have to get away from those low numbers that hardly even matter.

Think about it.

When the BTC price is in the $65k territories, it is only about 1.54% for the BTC price to move $1k, as compared when we were at $30k, then that $1k would have had been a 3.33% price move, and when we were at $10k a few years ago that $1k move would have had been a 10% price move, so you gotta figure out ways to NOT get distracted by small moves in in the price, which largely what I am saying is that even $1k is not a large move, so $20 is even way the fuck less significant.. $20 moves do not mean anythingt that is even worth paying attention to...


At least you seem to recognize that you are doing the opposite from what you should be doing...  The better of the ways to accumulate bitcoin is by buying them, not by selling them..

Oh well.. You know the saying about having fun staying poor, right?

It is a pretty straight-forward strategy.  You been here since mid-2016, so you should know better by now, right.

Think about nearly 8 years of accumulating corn.  You should be in pretty good shape by now, even if you had been somewhat modest in your BTC accumulation over the last two cycles.

8 years of $50 per week would have been nearly $21k invested, but nearly 5.8 BTC accumulated.  Not a bad place to be... and so if you did not already accomplish those kinds of returns, then you probably need to get started with some kind of a steady BTC accumulation practice, just so that you get focused on what you should be doing, especially if you are still trying to accumulate BTC, which is buying.. not selling.. Selling is dumb, unless you have gotten to a status of overaccumulation.. which it sounds like you have not yet reached that status.  So snap out of it, and get back into buying and forget about selling until you reach a status of overaccumulation.  If you have already reached such status of overaccumulation, then pardon me for not recognizing such status within the contents of your seemingly panicking post.

Are you sure that you are reporting your total pushups correctly Zackz5000?  You are describing a whole week of pushups with way more than 100 pushups per day, on average, but your overall average is ONLY 28.7.. if you really have 49 days worth of pushups with ONLY a total of 1,406 pushups for all of those days.  Something seems wrong about your report in terms of total number of days and/or total number of pushups.    You ONLY need to count the days that you do pushups, so if you are doing pushups 6 days per week and you are not doing pushups on Sundays, then you should ONLY be adding 6 days to your weekly totals for those weeks that you ONLY do pushups on 6 of the days of the week.


I hate to break the bad news to you, but if you suddenly increase your pushups all at once.. like doubling them, then you might start to get really sore, so you may or may not be able to continue to increase, or if you do too many sets in a row, you might get more sore from that, so even though you might improve your pushups, you also might have some days that you are even more sore than you had been on previous days.

Maybe this will all work out for you, but sometimes there can be advantages in spreading out your pushups throughout the whole day, especially if you are going to continue to want to do several sets in each day and try to continue to do them every single day (even if some days might be higher numbers of pushups and other days might be lower number of pushups, but as you build, you still should be able to continue to increase your overall quantity of pushups, as long as you do not end up injuring yourself or otherwise overdoing it).  It is like investing into bitcoin.  You want to be aggressive, but not to overdo it otherwise you might end up injuring yourself..

Oh gawd.. Let's talk about which shitcoin happens to be less shitty.

 


Some of the shit you come up with, sometimes.

Holy moley.

If others were to copy you, the place would be filled with fucking trolls and guys distracted by shitcoins, macro-events, worshipping the dollar and believing that price follows hashing power.  

We would be quasi-delusional, and trying to set the record straight in regards to some of your funzies should not be considered any kind of a joking matter.


And, I am not even really that mean about it....  When I call you names, you usually deserve most of it, even though once in a while I might go over board a bit.

And, think about it, you are the one who specifically brought up litecoin while proclaiming that you were trying to get a response out of me.. .. so under the whole scheme of things, I feel like I am being pretty tolerant to frequently go along with your various attempts at funzies, including that frequently you are likely seriously actually doing some of the dumb stuff that you describe yourself to be doing and/or believing... so in the whole scheme of things, I am pretty fun to tolerate your frequent and ongoing lack of focus.


That would mean that we are getting to the lower points of don't wake me up zone.. so yeah, I would likely start to pay attention if we start to get into those price areas.

Think about it.

Around  February 25th, we pretty much broke above from $53k  and we got into the $60ks, and there has hardly been any return to those sub $60k prices - except a quickie bounce below $60k on March 4th.

So, yeah, I would not be surprised to actually revisit some of those upper $50k prices, yet at the same time, there is no real need that BTC prices have to actually go back there... .......ever.....

So that is one thing about preparing for and/or hoping for some levels of down.  They may or may not happen, which helps to support the rationale of biasing any preparations that you do towards up.. which I think you still have some troubles with actually putting those kinds of UPpity preparations into actual practice..

Not financial advices (even though it is), and part of the reason that I cannot give financial advice to uie-pooie, is because largely you are a lost cause.. hahahahhaha  #nohomo.


What else is new?

One of the most inevitable things in bitcoin is that it is volatile, so you are not saying anything new by suggesting it to be volatile.. yet the ONLY thing that you seem to be implying is that bitcoin is going to be volatile in both directions, which surely is problematic since it seems way more likely that bitcoin is going to continue to be volatile to the upside, even though so many folks seem to currently be worried about corrections that surely are probably even less than 50% likely to happen... and even if they do, so what?  The main thing for most people (probably including uie pooie) is that they do not have enough bitcoin.. and at least you have some bitcoin as compared to the overwhelming number of no coiners that we have in the world... maybe what?  99% or so of the population are still no coiners.  That is under-preparation for UPpity if there were to be any way to reasonably outline the dynamics of the coiner status (or lack thereof) of the world's population.


I am still happy.

I mean that it seems that we are still "ahead of schedule" so why be concerned about where we happen to be, and since we are likely going to have another 12 to 18 months of UPpity, it likely does not hurt to take it slow (if and when possible), and also seems to cause more likelihood that the UPpity would be sustainable for longer stretches of time into the future...

I don't know, but you know sometimes when the price makes great leaps upwardly sometimes the buyers just cannot keep up.. and right now, I think it is becoming more and more difficult, and perhaps even dangerous for the fat cat bear whales to be fucking around trying to get the BTC price to go below $60k.. Yeah, sure we cannot really stop them from trying, but there may well end up being a bunch of them who end up getting reckt as fuck through their ongoing playing around to try to get the BTC price to go down and maybe they are largely running out of coins to accomplish their DOWNity preferences.

I am NOT going to deny that I also have a preference for UPpity.. so that more and more beartwats can get reckt.. but sometimes it just takes a bit of time for both the up and the down to play out, and surely it seems likely that a decent number of the beartwats are likely going to get reckt this cycle.. so yeah in the meantime, let them have their cake.

I don't mind paying it.  I think that we were close enough to agreeing.  Yeah, I was annoyed with several aspects of what I perceived to be your waffling, but at least when you set forth the bet terms in a more concrete way,' I mostly found them largely agreeable, even though I was not 100% sure of your commitment to it (since the payment amounts were quite lopsided.. 100 to 1).. which both commitment to the bet and lopsidedness of the bet were a couple of my main motives for suggesting the potential appropriateness of escrow.. .. and anyhow.. as far as paying 0.0001 BTC through lightning network or something like that.. I would not have any problem with such a thing since those are generally not very costly ways of carrying out BTC (or BTC adjacent) transactions - with relatively small amounts, and I actually don't mind practicing with those kinds of payment methods (including that I am still practicing and learning) to see how they work out.

You can do modified pushups, which makes it easier to do them.


Maybe if you tried doing 5 sets of 15?  That would be 75 for the day.  And you could do 20,15,20,15,20 - and that would be 90 for the day.  I am not going to say it is easy because it hurts, but I think that if you are able to spread them out and do them throughout the day, it gives your body a chance to recover, both in terms of joints but also in terms of overall tiredness that comes from adding extra exertion into your daily routine.  I feel tired from adding the lunges, so I have to spread them out and maybe some days I will do more and other days fewer, and hopefully continue to be able to build (while also attempting to maintain most of my energy focus on the pushups until maybe some times I am in the mood for the distraction of the other "substitute" exercise - like the lunges in my case.

Firstly, there is no need to quote the whole post, especially if the post is long and you might be asking some questions that are related to ONLY part of the contents of the post.

Second, if you are still figuring out how to get started with regularly investing into BTC, try not to get too caught up in regards to figuring out what the short-term BTC price is going to do, especially if you are considering buying for the long term, just start to buy regularly, and while you are perhaps starting to buy with small amounts of your discretionary income, then spend more time making sure that you have your budget in order rather than attempting to be overly strategic in regards to your bitcoin buys. You can adjust your BTC buys as you get more used to buying BTC regularly, so yeah, it might be better to first just do small weekly buys while you are figuring out your specific financial situation.

Sure specifically we do see that we are in the middle of a pretty decent dip, and without knowing more about your own particular circumstances, it is difficult to even know how much extra discretionary income you might have sitting around and ready to put into bitcoin or if you might start to engage in overly risky behaviors merely because you are still new to buying bitcoin and/or you are becoming overly greedy in terms of wanting to get short-term profits, which surely in this thread we are not focusing on short term profits rather than the creation and carrying out of plans that are going to give you options on a longer timeline, such as 4-10 years down the road or longer, and yeah, it can feel good to be able to buy on dips and maybe to have some additional assurance that your BTC holdings are in profits right from the beginning, yet whether or not your BTC are in profits from the beginning do not tend to be very good focus points, especially if you might well be serious about long term investment plans that will build your bitcoin over many years and give you more options one or two cycles down the road.

And, yeah, we cannot even tell from your description of your situation if you are absolutely brand new to bitcoin or if you had already been accumulating bitcoin for a while, which also can change the calculations that you would do on an individual level, and surely if you are actually quite brand new, then you may well realize that it can take more than 10 years to build a decently good size and strong investment portfolio, even with an investment that is so seemingly strong as bitcoin, and in spite of bitcoin's many strengths, it is also not guaranteed to return profits to you, so you should also consider those kinds of matters when you are establishing your investment strategies and carrying them out.

Maybe you want to discuss some of the matters that you are considering within the 9 factors that are important to consider for investing into bitcoin, and remember that BTC price performance is ONLY one of the 9 factors that you should be figuring out, yet you don't need to figure out all of the 9 factors in order to get started.


It is best to presume all other coins besides bitcoin are shitcoins, and you should approach them from that perspective... Don't give shitcoins any kind of benefit of the doubt, but instead consider them as affinity scams on bitcoin and full of overstatements that are merely playing off of bitcoin.

Sure there may well be exceptions to the rule, but it is hardly worth any time to be fucking around with them,. even though there might be some shitcoins that actually have some possible value... and you might even get yourself into worse shape if you try to value them based on their having high market caps, so then you get distracted into a bunch of nonsense and wasting your time, money and energies, when you should be spending that time, money and energies getting your shit together in regards to your bitcoin strategy.

Yeah, once you might get your shit together in regards to bitcoin, then perhaps at that point, you will have more liberty to "look into" various shitcoins, and perhaps by the time you actually look at bitcoin, you will actually come to realize that it is not worth your time to be fucking around with those various distracting bells and whistles that may or may not pump at the time you would like them to.

Anyhow, the punchline is to presume shitcoins really are shitcoins and don't waste your time on them, even if you like gambling, but if you cannot resist gambling then limit your gambling to 10%.. but yeah, degenerate gamblers are not able to limit themselves, so they just argue that all shitcoins are not shitty, so they are already approaching the matter from the wrong perspective which truly should be to presume that shitcoins are a waste of time, money and energies that could be better spent on focusing on bitcoin.


Fuck off with your pumping of shitcoins in this thread and trying to proclaim that some shitcoins are less shitty than others.. yeah, even if what you are saying might be true, it is not appropriate to be bringing such distracting nonsense into this thread.


You sound distracted or maybe just a lost puppy.

Like this one:

Browsing through recent posts of tyz, I cannot see a reason for the ban.. or at least for me, nothing stands out as a possible reason.

From that article and from a few others that I found through a google search, I could not determine the timeline in which El Salvador needs to pay back the outstanding IMF loans, and there was a Bloomberg article (behind a paywall) that seems to suggest that the $1.4 billion is not due until 2030 - yet that does not make any sense in terms of the seemingly ongoing negotiations.

I don't have any problem with IMF attempting to impose conditions for their loans, and so El Salvador can largely just stop borrowing from IMF, yet they still have to get through servicing the outstanding loans and potentially having to pay them off with questions regarding if they have enough money to pay off the loans without overly suffering.

Of course the IMF likely fears that if they extend more credit to El Salvador, then El Salvador will just continue to buy bitcoin with some of the loaned money, which may well merely just seem to be a speculative attack on the dollar, the IMF system and surely cause concern because buying decent amounts of bitcoin with extra funds is likely a very good ongoing play for El Salvador to both get out of debt and to improve conditions in their country (by employing sound monetary policies).


I would think that it would not be a good idea use bitcoin to pay off their IMF loans, especially if they were to be able to pay off the loan through other ways.. and yeah, the cheap  availability of debt can likely be very tempting, and it can be painful to be paying off debt when it is not able to be rolled over, yet if they are not able to secure various kinds of debt to roll over their existing outstanding loans, then it may well be a lot better to just continue to pay down the debt and to invest into bitcoin (even if from my perspective - as I posted several times earlier - the level of El Salvador's investment into bitcoin remains a decently small portion of their overall budget - seemingly less than a few percentage of their annual revenues, at most  $400 million over 2 years versus $7 billion-ish annual revenues).  

By the way, within your linked article, they had seemed to believe that El Salvador has ONLY around 2,000 BTC, when recently El Salvador disclosed that it has close to 6,000 BTC.. .and the author also does not grapple with any of the specifics regarding the servicing of the loan or when the loans are due... but yeah, sure speculation that if BTC prices reach $100k, El Salvador could pay off all of its loans with BTC seems to be a bit short-sighted, even though surely it would seem that the higher the BTC price goes the more options that El Salvador has with its bitcoin, but that still should not necessarily signify that it would be a good idea to sell much  if any of the BTC in order to service such loans.. especially if there may well be other options.

Yeah franky1 can be a bit of a jerk sometimes, but I did not see any personal attacks that go beyond mostly attempting to beat you up substantively, and yeah maybe franky1 is wrong or he goes overboard from time to time, but he had raised some decent arguments as well.. 

You (BTCdragosfera) did not even chime into the thread until after franky had already posted a couple of times, and fillippone posted the OP in the first place, so it is not even your thread... not that it matters very much when this had been established as a regular thread rather than a self-moderated thread.

If you want your own thread that is not open to debate (or at least you can delete anyone who you believe is perverting your message), then maybe this should have been authored by you as a self-moderated topic. 

Yeah, sure Fillippone could have created this as a self-moderated thread, and then as the owner of this thread, he could have deleted whatever responsive posts that he wants.. .. but he did not... .. and I suspect that fillipponne had made this as an open topic... so that members could chime in and express their opinions. 

Surely when it comes to markets, there is likely more going on than just pure math... so there is going to be a bit of a problem for anyone trying to model out bitcoin's price performance and/or adoption in pure mathematical ways.. even if you might be able to model out past performance to show how we get to the present, then what about the future? I doubt that bitcoin's price performance is going to fall into a pure mathematically predicted curve even if you think you got all the numbers correct, and even though sure your numbers and your curves might well work for a while, but it is going to need to be coordinated from time to time to real world data, too.


Bitcoin is a paradigm shifting technology that brings a lot of new innovations to the world, so it would be problematic to be attempting to overly-simplify bitcoin as if it were not adding additional value to the world. 

Sure, from time to time, bitcoin is going to appear as if it is nothing more than a speculative stock, yet you seem to be missing something if you are pigeonholing bitcoin in that kind of a way.

I could not exactly figure out what BIG beef there is with Plan B's model which has some similar dynamics as the Powerlaw theories, and yeah, I don't claim to know the math exactly, yet I still would say fuck the math to the extent to which there are attempts to try to be precise in regards to how fast various aspects of bitcoin's growth is taking place.  Yeah, sure, no problem some of that can be attempted to be modeled out and captured in math, but it also ONLY goes so far, even if we might be considering the [ur=https://nakamotoinstitute.org/mempool/the-seven-network-effects-of-bitcoin/l]seven network effects that Trace Mayer outlined in 2014/2015-ish[/url].

Hahahaha

Maybe dragonvslinux is going to be back soon in order to revive his betting terms?


You seem to be exaggerating UnDerDoG81.  The mere fact that BTC is your only investment does not likely mean that you are 100% bitcoin, even though I can see how it might be characterized that way...

It just sounds strange that you are proclaiming that you never sold any BTC since 2013, yet there have been so many times you had been in this thread whining about you were going to sell. .and then yeah, maybe you finally did?  

But still..

hard to take you seriously... .If you have a job and you have cash and bitcoin, then your cash is not in bitcoin.  If you have been living completely on bitcoin and converting all of your cash into bitcoin then maybe you would be 100% bitcoin, but you already claim that you had not sold any since 2013.. and it seems that you claimed that last cycle too.. after one of your sales and then your whining about it.  Or maybe I am remembering wrong.  You might have been whining, but never ended up selling.. who knows?  You sound a bit all over the place in terms of trying to follow what the fuck you are talking about and what might be some of your goals in regards to your supposedly holding bitcoin.


Can you sing this one at the next 2026 solar eclipse in Iceland while getting batslapped after every verse  and chorus (after every paragraph or after every line, perhaps?).

Barely 40th if that is what you are talking about.

Are you asking for some other kind of a prediction?

You may as well make your own.  I do like that we are still on the top 100 table, but I would not be surprised to fall off of it, since the lowest numbers on the table are still $58.5k-ish which is not even out of "don't wake me up" zone..  but yeah, I am kind of surprised (but not totally surprised) about how much time we are spending in no man's land - even while for sure, nothing is out of the realm of possibilities, since going straight through noman's land is ONLY like a slightly more probable scenario than it would be in other locations.. but it is not like the probabilities are even likely to break out of the 60% territory, that is if we might want to place some kind of a number on it.

I am pretty sure that DirtyKeyboard's script ONLY puts in the latest update, so it does not do you any good (except you want to show how you got to t to post two formats in a row, since his script is only going to include the latest of the dates (the second one in this case) in the next table.


DirtyKeyboard is not making a table for each date.  His script merely puts the latest report into the latest table, so whatever is the latest report at the time that he runs in the thread will be included into his next table... so in this case, I_Anime, only your 4/13 report will be included since the substantive results of your 4/12 report is contained within your 4/13 report... the punchline which is the total number of days and the total number of pushups until that latest report date.

I wasn't going to report mine for today, but what the hell, I am posting anyhow, so may as well throw in my latest report.

100k,JayJuanGee,69,12245,2024-04-13

You really consider the lower low to be below $60,700?   You are not even out of the don't wake me up zone.

I think that we have to go below $55k before I might start to wake up from this seemingly boring normality... that at most would be a BIG ANT dump.


But we are not talking about shitcoins here.

Who gives any shits about "crypto markets?" 

Does the tail wag the dog, or what?


That is fucked up.

-2 WO for uie-pooie... sirazimuth

If you had not noticed, nature does not have any sounds coming out of amplifiers.

Similar when going camping next to a bunch of loud folks who are not able to separate themselves from being loud as fuck, 24/7 and who seem to be unable to appreciate the actual sounds of nature.

You need a batslappening sirazimuth for fucking up nature and your brother saved you from being even worse..

Hey, what about you put on headphones so you can really get into it..?  Ever think about that?.  #nohomo

I thought that just the young whipper-snappers did those kinds of "ruinin dee moo" things, having inabilities to leave city life behind, fucking up nature and imposing their "unnatural" and usually way too loud sounds on others.

That strategy is meant for either someone who has a specific budget or someone who has already overaccumulated BTC.. so I am really not suggesting the strategy be used for trading and/or to sell BTC to buy back cheaper, especially for guys who had not already concluded that they have enough or more than enough BTC... which seems to be what a lot or smarter than everyone else newbies seem to want to do, and then they end up never reach a point of high enough BTC accumulation to actually justify using something like either the sustainable withdrawal tool or even a raking system, which also presumes overaccumulation of BTC.

You do not need to necessarily find out how the sustainable withdrawal tool will do, since you can back test it.. thank bitmover for that bonus feature...

Yes, I know that past performance is not indicative of future results, yet I think that the sustainable withdrawal tool show that you can engage in a pretty aggressive withdrawal strategy of 10% or more and still maintain and/or increase your BTC value in terms of dollar value.  So yeah, your BTC amount is going to go down by engaging in the withdrawal practices, and you likely should also to try to lighten up on your withdrawals during the periods that the BTC price is at or below the 200-WMA.. and the advance withdrawal is optionally a way to try to play the waves.. . yet at the same time there is an ongoing presumption of your using the tool based on your having already had accumulated enough or more than enough BTC by the time you start to employ such strategies. and personally, I recommend valuating your holdings and your goals based on the 200-WMA rather than BTC spot price... I also don't recommend selling in order to buy back later.. even though the advance withdrawal has a bit of that presumption of being able to buy back built into it (especially if you wait until the much higher levels when the BTC price  is 400% or more above the 200-WMA .. because there is a bit of a presumption that those higher rates are not sustainable, and if you end up cashing out too much BTC at those prices, you are likely still going to be o.k.. especially if you had already determined that you have accumulated too many BTC... a shitty part of it remains tax consequences.. hahahahahaha

For sure, if you know that your timeline is already pretty long.. maybe 10, 15 years or even longer, then you will be glad to be able to buy some cheaper corn, even though you cannot know if it is going to keep dipping for some time, but then your cashflow ONLY comes in so fast too.. so some guys might be buying every week and then maybe even trying to time their weekly buys for the dipping periods during the week, like the one we had today.... and maybe some guys might get mad because they already bought their weekly buys during the dip from $73k to $68k, so then when we get extra dip, then there might not be much if any spare money to buy more dip, unless the dip might last long enough for the next paycheck to come in and maybe the dip will last long enough, and maybe it won't... ..

For me, even though I sometimes get annoyed by newbies cheering for the dip, yet it still makes sense, and it makes more sense the earlier any of us is in our BTC accumulation to be getting excited about BTC price dips, without even necessarily cheering for them.  There is just happiness to be able to have the opportunity to build the BTC stack a little bit more (even though maybe it is ONLY 5-10% more.. or maybe if it keeps dipping then we get into 20% or more territories, and so far this dip from the top to the bottom is right around 16.5%, which is not a bad dip. 

For me, since I like to call my average costs per BTC as around $1k-ish, it does not make a whole hell of a lot of difference to have BTC in 61x profits versus 73x profits versus potentially 55x profits or maybe 85x profits.  Sure, the higher numbers are nice, but I am not as materially affected as guys who are relatively early in their BTC stacking journey and who might be trying to get as much bang for their buck in terms of ongoing accumulation and feeling some bonuses when being able to buy dips. 


Overall, I agree with your point avp2306.  For long term investors, they just keep buying BTC, and there might be some folks who are stimulated to get started in BTC because of the dip, but if they are a long term investor, whether there is a dip or not should not make very much difference, even though it can feel a little bit better to try to keep your average cost per BTC down - even though it is probably not going to make as much of a difference to be getting worked up about how much BTC is costing you, versus just ongoingly staying persistent in terms of stacking BTC, so that down the road.. whether it is 4-10 years or longer or some other timeline, there may well be decently good chances, that the amount of stacking is going to end up having some kind of a feeling of a reward - so long as they guy is able to keep his coins and not lose them.. which there might be some mistakes along the way too, but if the stack is mostly building and likely to continue to appreciate in value, there's likely going to be better feelings about the BTC having had provided additional options that would have otherwise not been available. 


Ultimately, people can do what they like, but there are a lot of things going on that are putting a lot of upwards pressures on the BTC price, so it seems crazy if anyone who is either a low coiner or a no coiner would be either shaken out of his coins or stop buying or even worse sell coins in these kind of times.... so yeah, who knows if the BTC price will correct some more and who knows if there are going to be some folks selling their coins, even those in ETFs, which seems that the ETF holders would be a lot more sticky, especially since they largely have just been entering BTC in recent times, so it would not be very likely that too many of them would be shaken very easily.. but who knows?  we have to see the data and anticipate that there still is a lot of ongoing new buying pressures, even though for some reason we are getting some short term selling that might be trying to shake out the weak hands or even scare the newbies from buying as consistently and aggressively as they should be.

It is not nice to troll  - talking about shitcoins and/or reiterating your own ongoing inabilities to focus on long term.

Sure, who fucking cares about how various shitcoins might (or might not) pump from time to time? It is largely noise.. and yeah, you admit to such childish and purposeful pumping of a shitcoin.


I think that one of the main purposes of escrow is to assure seriousness in any proposition and/or bet, and yeah in recent times there are more needs to be concerned about on chain transaction fees... and surely there could be charges (fees) with any person providing escrow as well... although there might be some forum members willing to provide escrow without charging, yet we would still have to make sure the fees are covered.

Yeah, I don't really know the solution, except each side would bear his own transaction fees and perhaps the splitting of escrow costs... and I was not completely inclined to insist upon escrow services in the event that seriousness could otherwise be confirmed, and perhaps your writing out the bet terms did contribute towards showing that your proposed terms were more serious than I had originally thought.. ...

So even if we did not exactly agree upon escrow, yet if we are able to establish that the bet was sufficiently serious, then it appears pretty likely that such bet is going to end today, since there are ONLY a little over 6 hours left in the day, and it appears that currently (as I type this post) there is around $338 of weight-traded BTC price (currently showing weight-traded price of $67,145) that has to be made up (or increase in price).. which seems very difficult to accomplish especially since the BTC price is currently moving lower rather than higher, unless there were a pick up in BTC trade volume and/or a decent enough pick up in the BTC price, which it seem the opposite is taking place right now...

So yeah, sure, prepare to give me a lightning address, whether it is your own address or some other lightning address... and yeah, right now I am not very comfortable with such low amounts being processed on chain.. at least right now and not without the consent of the recipient to receive such a low amount (which might be a little bit lesser of a deal if the amount were sent to an exchange address), but yeah if you are agreeable to using lightning as a substitute payment route then we could probably make that work.. .. yeah if it comes to the actual exchanging of payment information, we most likely could figure out the part of the actual confirmation of the address by PM.. and I am not necessarily going to delay, but I might not be able to pay right away, either.. we have to make sure to coordinate and make sure we are available .. depending on if the lightning network invoice expires or if it is one that does not expire.. .. all good practice, in the use of various bitcoin (or bitcoin-related) payment options, I suppose...