I bought a lottery ticket once and won the jackpot. I'm also opening a hedge fund next, 50% on-board and 50% success fee. First come first serve.

Come on, he's not like the nerds and knows how to play the system! He doesn't need college, he's already set! /s

Bitcorn dictates the price. Shitcoins are just Bitcoin money flowing into shitcoins and then back. Alts would be nowhere without Bitcoin, which doesn't mean that they won't serve a multitude of roles in the future. Without alts Bitcoin would simply become the denominator for stocks, bonds, and whatnot.

I'd keep a "long" stash completely separate from the cash-out and trading stashes and never touch it until Bitcoin stops doing its wild waves.

I don't get why you see the differentiating value and the potential value proposition of altcoins as mutually exclusive. Bitcoin will be the future currency, where equity 2.0 will be given in the form of altcoins that are traded against Bitcoin.

Although I guess the current market makes it extremely hard to see this future, I don't think that altcoins are generally speaking shitcoins. Even if some 99% of them in fact are right now.

Companies won't really be able to tie their equity to Bitcoin due to its volatility, but they could very well fix a shitcoin to their annual, or at some point even real-time revenue, operating costs, profits, inventory, etc., which will vastly improve the tools available to value investors who now have to rely on quarterly reports that may or may not be cooked. Just to name one tiny future niche that will be fulfilled by blockchain eventually.

The amount of shitcoins right now is no different from the amount of shitsites during the dotcom bubble (probably much less since we're nowhere near peak). Doesn't mean that everything was shit. Same story with every bubble, keep an open mind or you'll miss the bigger picture due to the hordes of incompetence, money grabs and outright scams.

Wallstreet insider telling idiots to dump is one of the most bullish statements one could make.

He meant etc. Et cetera.

Fat chance.

Even at $10 you'd be able to buy the entire supply for a mere $170m. And there'll be whales fighting over that pie.

At $10 I'm selling my house. Not joking either.

Simple solution. Take, say, 10% of your "new" profit on the way up.


Say you have 1000 as a baseline, you go up to 2000, you take out (2000-1000)*0.1 = 100.

Now you go from 1900 to 3900, and take out (3900-1900)*0.1 = 200.

In total you've taken out 300, which is 30% of your base value, but you still have 3700 left, which is 2700 over your baseline, or a total of 370%.

Suppose you now drop 86% and you find yourself at 518, had you not taken anything out you would be at 560, so the difference is 42.

You lost 42, but gained 300, hence a profit of 258.


You can adjust the 10% based on your own preferences, but this way you won't ever go 90% out of crypto, while still cushioning the fall to a point where you will either be happy with your profits spent on random toys, or have cash ready for the reversal.


tl;dr Take out a fixed proportion of your profits and don't worry about being "all out" or "all in" ever again. If you want to get fancy you can use variable rates, but you better double check what you're doing before you start.

I'm not sure someone who can't identify obvious scams by applying common sense would be capable of staying safe even with exemplary sentences. BitConnect was just way too funny from start to end.

Been saying it forever, but I don't mind them shaking the tree for a lot longer. If we go into a long winter I'll multiply my Bitcorn stash with trading shitcoins. If we go into another rally my Bitcorns will be worth more. In the long term the former scenario would be much nicer for me, but if we just go straight back up I won't complain. In fact, in the short-term I'd be much happier with a BTC rally than with accumulating corn. Fuck you short-term brain.

Whale accumulation month?

Some ~500m claim to own some crypto. Not all of those will own Bitcoin, and most will own small fractions barely distinguishable from dust. Majority of retail investors are panic dumpers too when left to their own tools. Then there's technical trading. I don't really think the price is "strangely" low at all, especially if you consider the FUD and smear campaigns by big finance on top of the aforementioned facts.

First time I've heard of Superdeterminism. Also still don't see how freedom of choice rules out Superdeterminism and vice versa. It's pretty obvious that humans only perceive a laughable fraction of what is really going on, which could also imply that we only perceive a fraction of our own will through a filter that we created. Both sides keep evading the question of what it is that determines. I'd be surprised if language could even get there, but still find it strange how this gets brushed over virtually all the time.

Capitulating.

Dumps getting smaller and smaller. Moving averages flattening. We're getting trolled before the dump of all dumps. TheRealSatoshiTM Craig Wright is about to dump his 1m genesis coins. Capitulation is near. Bitcorn is ded.

Buy 1% per day or something like that until Spring. If the winter is longer I'd suspect the price action to be sideways for the remainder. Alternatively buy 1% every three days to make up for however long you think the winter will be.

Where should I throw my money at?

Got you covered this time.