Did somebody previously post a graph or a chart detailing what happens to the price every January (we usually slump every Jan?).
Any way, curious to know people’s thoughts that if we stay over $3,200 as we enter February - Have we definitely seen the bottom of this cycle?
Thoughts?
You probably refer to a chart here: https://bitcoinist.com/january-crypto-crash-nothing-new/A drop in Jan 2015, 2016 and 2017, a little in 2018, most centered on Jan 12-Jan 18. Timeline-wise we passed it already, which means nothing, of course. Personally, I still think that we had our "January" effect in December. |
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and there's no such thing as lack of upward mobility.
I agree that each individual case mostly depends on someone's effort, however, there is some evidence that upward mobility has declined (for some reason, especially in the Midwest, less in NY, Massachusetts and Montana): http://science.sciencemag.org/content/356/6336/398You can argue why it happened, but not whether it happened or not, according to the authors. |
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He lost me at "When the final bottom is in, which we believe will be below $1,000". With no explanation provided whatsoever, apart from 'regulation would continue' it was just annoying numerology, nothing else. If we have to wait for $400,000 to be reached then the demand has come from the Cowboys [those investors with free-hand in asset selection]..... interesting |
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Let's blame someone, lol.
I'll start with a "hedgehog" murad mahmudov.
Why not?
looking forward to do some grinning (out of pure boredom).
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a message from myself to "mysef, 13 mo ago" (maybe he would get smarter):
The plunge continues
When will the new trend be here?
Looking for action
We are not "in" "plunge," currently. This is two weeks worth of flat, but really zooming out shows 2 months worth of flat. Remember mid-November? Now, that was a "plunge." The plunge (from 20K) that is, cannot fit everything in a haiku's 17 syllables. To me, we are still in it, recent flat non-withstanding. Plus, a bit of poetic license can be applied, right  haikus can go fuck themselves.  well, you do write them (if you remove a bit); two weeks worth of flat.. Remember mid-November? Now, that was a plunge. |
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a message from myself to "mysef, 13 mo ago" (maybe he would get smarter):
The plunge continues
When will the new trend be here?
Looking for action
We are not "in" "plunge," currently. This is two weeks worth of flat, but really zooming out shows 2 months worth of flat. Remember mid-November? Now, that was a "plunge." The plunge (from 20K) that is, cannot fit everything in a haiku's 17 syllables. To me, we are still in it, recent flat non-withstanding. Plus, a bit of poetic license can be applied, right |
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a message from myself to "mysef, 13 mo ago" (maybe he would get smarter):
The plunge continues
When will the new trend be here?
Looking for action
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... the worst
Are full of passionate intensity.
unrelated to the content of the quote... Murad Mahmudov (second person quoted) is that 20-something guy who is full of pseudo-scientific explanations as to why btc has to go to $1700 first (then to 10mil), which on balance is mightily annoying. I guess he wants btc to get low before his fund buy-in. I don't blame him. IMHO, not enough time (in relation to halving) for that if cycle is about to increase in duration (as he claims). you know that's partly why I left it ambiguous who I was calling what. i don't even really think any of the people there are 'the worst', but they are certainly full of crap indeed |
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For a potential future societal structure I suggest to read or re-read "Snow Crash" by Neal Stephenson (first published in 1992).
Cliffnotes? Deadpool delivers pizza. I don't think we can seriously believe anything was "predicted" given that it was published in 1992. You can listen to it while you're working on other things... that way it wont be an entire waste of your time edit: forgot the link! Part 1 - https://www.youtube.com/watch?v=X-ZiG4FsYAg (and only 8 hours... suggest you boost the speed to 1.5X) a bit more happening than just pizza delivery...lol thanks for the link.
... the worst
Are full of passionate intensity.
unrelated to the content of the quote... Murad Mahmudov (second person quoted) is that 20-something guy who is full of pseudo-scientific explanations as to why btc has to go to $1700 first (then to 10mil), which on balance is mightily annoying. I guess he wants btc to get low before his fund buy-in. I don't blame him. IMHO, not enough time (in relation to halving) for that if cycle is about to increase in duration (as he claims). |
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For a potential future societal structure I suggest to read or re-read "Snow Crash" by Neal Stephenson (first published in 1992).
Cliffnotes? too complex, predicted 'electronic currency', 'virtual reality', etc, etc. one particular prediction is privatization of government functions, with sovereign enclaves forming, mostly based on economies and not policies. A very much decentralized world with all possible pluses and minuses. |
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For a potential future societal structure I suggest to read or re-read "Snow Crash" by Neal Stephenson (first published in 1992).
does that mean I get my own nuclear submarine? I don't remember a sub, but recall that, perhaps, there was an aircraft carrier, but that's not too relevant. |
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For a potential future societal structure I suggest to read or re-read "Snow Crash" by Neal Stephenson (first published in 1992).
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If the Democrats refuse this deal, I fear we'll legitimately be facing a civil war situation. Based on what? Most people did not even register the shutdown (fully), yet alone getting up in arms about it. So far, it is seriously affecting about (0.8/325.7)X4(family size)=1% of the population. If markets go down 1000-2000 points in one session, then it would be another story. Take it easy, Bob. |
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Sideways, sideways
Whatcha gonna do, whatcha gonna do
When they come for you?
Modded to haiku 5-7-5: Sideways, forever Singing: When they come for you.. When they come for you? How you dare?!?! Your haiku has broken all the meaning of my masterpiece!  Respect art! Will ya? I thought that is was open source, lol |
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 via Imgflip Meme GeneratorGonna break my bitcoin boredom with Some LEBOWSKI shit Good weekend WO’s Give me a weekendPUMP to drink uppon when I’m finish here  something is missing... a white russian, perhaps. |
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Sideways, sideways
Whatcha gonna do, whatcha gonna do
When they come for you?
Modded to haiku 5-7-5: Sideways, forever Singing: When they come for you.. When they come for you? |
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Bitcoin is a mechanism to transfer wealth from the impatient to the patient.
I am trying to balance the above with "In the long run were are all dead" quip. No regrets for any sell or buy. |
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A historic perspective on the last sharp bottom and a flat afterwards (circa 2015). 1. A post on the very bottom day: https://bitcointalk.org/index.php?topic=178336.msg10146987#msg10146987Well, they do panic during bottoms, indeed. 2. A couple of months later some people were already predicting better things (32K, not 20K, but it is close; JJG agreed, BTW): https://bitcointalk.org/index.php?topic=178336.msg10657883#msg10657883https://bitcointalk.org/index.php?topic=178336.msg10658020#msg106580203. by summer 2015 some gave up hope (for a bull): https://bitcointalk.org/index.php?topic=178336.msg11561452#msg115614524. others are cool... I am looking at you, LFC_Bitcoin: https://bitcointalk.org/index.php?topic=178336.msg11770952#msg117709525. then Stolfi came in to rub it in during September, 2015. 6. Then, the bull suddenly happened. It might not repeat, but I sure hope that it would rhyme with the last bull. P.S. i only looked at a few dozen posts or so, randomly chosen, just by jumping between pages. if you had a deep insight during that time about going to 20K in 2-2.5 years, please share. |
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