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It is clear that the shitcoin market is going to remain and has a lot of growth potential, however much those of us who only buy and hold bitcoin because it seems essentially different to us, believe that there is no shitcoin is even fit to tie Bitcoin's shoelaces.
What is clear to me is that the top ten shitcoins will continue to change, as it has been doing in recent years, with the most stable one up there being Ethereum, but Bitcoin will always be at the top.
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Mansion in my country with current price need at least 2 Bitcoin. Because in town a normal house can cost 1 coin and it is right depends on what country and location of the house. My house if price now need 0.3 BTC at current price, maybe if price can increased x2-x3 from now, people who hold 0.1 BTC can buy house in village because still cheap.
To me what's funny about this whole debate, and specifically the OP's idea of the Mansion is that he doesn't mention maintenance. Even if that amount gives you enough to buy a mansion, on an average salary it doesn't give you anywhere near enough to maintain it, meaning you're going to have to sell it, and probably for a lower price than you bought it for. You wouldn't be the first person to win the lottery and that happens to you. More generally, that amount will hopefully have a much higher purchasing power in the following cycles, but the worst thing you can do is to spend it on a fancy thing, better to spend small parts, that way you don't eat your net worth and you can enjoy the profits. |
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The SP500 is down only 5% ...
SP500 dipped 2%...
I don't know where you get that from. I've been investing in the S&P 500 regularly for quite a few years now, doing DCA, and I don't see anything striking in the behavior lately. Yesterday the S&P 500 was down 1.18%, so I don't know where you get 2% and 5% from. If the spirit of your post is that the market is somehow overheated and we will probably have a crash soon, I agree. But I'll leave that selling on the assumption that a crash is coming to those of you who do trading. I still buy the S&P 500 at regular intervals, come rain or snow. And the same goes for Bitcoin. |
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I would interpret it to mean they intend to contrast bitcoin's decentralization with centralization. Bitcoin's deflation with inflation. Bitcoin's open ledger and transparency with zero transparency. And so on.
I think this is the key here. They simply want to fight the new system that is Bitcoin, holding on to the old system that is FIAT but making it digital. I think it is a mixture of ignorance in part and on the other hand of refusing to see reality, because deep down they know the essential difference between the Bitcoin and the old FIAT system that they represent, however much they want to digitize it and turn it into a shitcoin. |
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...then why creating this thread when there are some already existing.
Simply because the OP was hoping to earn merit with this post, and so far he has already earned one. I'm sick of seeing it: newbies or junior members like him who has 100 activity and so far only 2 earned merits, creating a thread about the merit system because somehow they know that creating a post about merits is likely to end up getting them some. |
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Welcome back!
I hope the information about Bitcoin will be of great use to your brother for the future.
I hope your project works out for you, as for me, no, I don't expect to start a new portfolio. My portfolio is boring and consists of periodically buying the S&P 500 and Bitcoin, not caring what the market does.
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My personal opinion is that it is unnecessary to expose children to such information, because it is simply too early for them to be burdened with it. It is quite one thing to read a book, and quite another to understand what it is all about - and it is even worse if the person who needs to clarify these things is not an expert at it. I don't know how the book is conceived and how the teachers are trained, but from the fact that someone lives in ignorance, the worse thing can only be that they learned something completely wrong.
Don't worry, it's a 20 pages illustrated book that is about the basics, nothing complicated. Yeah, I think Lucius has gotten too pessimistic, it doesn't necessarily have to be bad. The only problem with it might be that it kind of implies that everything other than bitcoin and decentralization is bad...apart from gold.
That's wonderful, it's actually a miracle. Even if it is too exaggerated or biased, it is not bad to counter the message we get from governments and central banks that whatever is not created and/validated by them is basically a scam. |
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Hi Miguel 11th, I was commenting on your other thread, advising you not to break any rules. I am glad that you have come up with that idea so you can try to help your grandmother while respecting the rules. Beparanf has given you good avice. Follow it. Good luck!  |
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Yeah, well. I don't see the point of the thread in this section either. Maybe better in the B&H section, as it has been said, so it can encourage others. What OP's "achievement" tells me is that with a little effort and being a responsible person, one can gradually earn a reputation on the forum. At the end of the day it is like a big town where many people pass through, but those of us who stay in the town are a handful of people.
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The stock to flow model suggests that by the end of this year we should be around $100,000 in value. And I think with the technical analysis that you have there it's possible to reach that amount. I think It matters what the following months that we are going to have this year which is now December would push us to the next rally. Maybe a lot of people would get into it.
Not really. What it predicted was around $100k by the end of november, which already failed, and $135k. Perhaps the price will be boosted in December, but PlanB's model, as it was proposed, is no longer useful, and predictive models (which, no matter how much analysis they contain, will never predict with 100% reliability, far from it) will have to be rethought. |
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Is it just me or does Raoul Pal just talk a load of nonsense and always gives a very vague roundabout answer to every question?  Surprised to see so many people have a complete orgasm when he appears on crypto channels such as InvestAnswers today. What's up with the weird red barber chair behind him? Is he really just a local barber in the Caymans and disguised as a hedge fund manager? I think one comment on the video about Pal hit the nail on the head: "The one thing I don’t like about Raoul is he uses crypto as a way to maximize his USD. He’s a fiat maximalist disguised in crypto clothing." To me he just seems to back what he thinks is the fastest horse without any justification other than being lucky, switching from BTC to ETH: "I saw it when the chart changed." Whatever... I stopped listening to him when he made it clear that he prefers shitEthereum to Bitcoin. He does this on the basis that the user base is going to grow much more, and this year shitEther has gone up more than Bitcoin, so yes, the only thing he cares about is the return it gives him in fiat USD. I prefer Bitcoin for other reasons. Obviously, if we believed that bitcoin would not give us any return, or even losses, none of us would invest in it. But even though there may be shitcoins that have more return than bitcoin in the future, and even though the parabolic price rises might be over for Bitcoin (which remains to be seen), it is worth investing in because it frees us from the clutches of central banks and governments. |
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Problem solved. He's deleted the feeback. I have also deleted mine.
I believe that discussions are something normal in forums and I in fact it is not the first heated discussion I've had here, but better not let things get out of hand.
I think it's better to make peace, as it seems it's going to happen, and that's it.
I do think the question about color-neutral but negative spirit tags is interesting to be debated, about where is the limit, but maybe that's a matter for another thread.
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Very interesting story and I would like if moderators could confirm that you really talked in PM several times without exposing the content or your messages, but you can also post screenshot of that yourself.
If you show that than I will repent, say that I was wrong and lock this topic.
Thank you in advance.
Inbox:  Outbox:  |
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If you are concerned about trust ratings received, I would suggest that both of you to try to work out your differences in private first. If talks break down, or one of you is unresponsive, a thread in which the person opening the thread is not acting childish may be appropriate.
No, I am not concerned. This is more of a general question: where is the limit in color-neutral but clearly negative baseless tags? |
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At one point, everyone involved should take a step back and consider if opening a new thread or writing a new post is childish. If it is childish, you should refrain from making a new thread/post.
My advice is to stop with the drama.
I agree with you partially. But I think we have reached a point that goes beyond childish: to what extent can one leave neutral-colored but clearly negative baseless feedbacks. And whether that is an abuse of the trust sytem. That's the point, in my opinion. |
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Moderators do not have access to the IP addresses of forum users. This is the prerogative of theymos and Cyrus.
Ok thanks for the replies. Locking the thread. |
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Does it mean that I can leave a neutral feedback on everyone's account including Satoshi, theymos, without any evidence?
That's the problem, strictly speaking it's not abuse but it borders on it in my opinion. |
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Having different IP's can come down to one (or both) using a Tor to mask your IPs.
Wouldn't it be noticed in that case that we are using Tor? I don't use it. |
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I agreed with you. The things were supposed to be normal. But, He created that thread and made serious accusations against me. I wouldn't create this thread if he didn't leave neutral feedback on my accounts. It could be worthy if he had any proof/evidence.
IDK if it's trust system abuse.
I also agree with Charles-Tim. The best thing would be to forget this whole thing that started because of a toddler's tantrum. But don't worry, a neutral tag is not abuse of the trust system. He made it that way so he could accuse without accusing properly. In other words: he hasn't had enough balls. |
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The "right to reply" in the thread that you locked.
But you knew that with your deflection.
In other words, a thread has been open for more than a month and a half and when I finally lock it, now it turns out that I am denying the right to reply. Pass me the phone number of your dealer, that shit you're smoking is sure to be very good. |
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