Worth noting that Bitcoin inflation is currently 3.8% dropping to 1.8% in May 2020.
The FED will be jealous. |
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{—snip—} But as long as you have an accumaltion strategy you can only get the support of the community  Absolutely! I have time for somebody with 0.01 BTC & somebody with 10,000 BTCWe are all part of the BTC led financial revolution! I wish I felt left out  |
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Thanks for sharing, indeed a worthwhile tweet storm. Seen some of the quotes before, but interesting when all put together. |
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OK Homer, I capitulate. If you somehow manage a themed hat I will wear it with pride.
Tempted to buy some, but I told myself for the first time to be disciplined and stick to a limit order 10% below ATL.
Perhaps the sign of the bottom reached, is actually myself. Let's see, happy either way.
I think that you are correct by 1) establishing your budget and your target buy points and attempting to stick to your plan and 2) assessing, from time to time, whether you believe that market conditions might justify that you tweak your plan to some reasonable degree. Frequently, there can be a considerable degree of ongoing tension regarding whether tweaking is prudent or just to maintain the original plan. Furthermore, the initial thoughts about tweaking might lead you to a compromise tweak, rather than the more extreme version that initially came to you. My apologies JJG, double capitulated. Seems like I am slowly going the Elwar way. Just can't help myself when at prices to be able to buy whole coins at once again. [...] Bitcoin is a new emerging asset class, in the initial throes of price discovery. To attempt to time this market is madness. Price goes up; price goes down - you can't explain that. All we really know is:
1) whether or not the world knows it or not, it needs a permissionless uncensorable form of money free from the whims of central planners; and
2) a vanishingly small percentage of the world has yet awaken to postulate 1).
From these two, we can conclude that the long term trend is up, and will remain so until such time that the world at large is onboard.
Ignore the noise. Buy today all you can conceivably afford to lose. Hodl on.
Pit pat piffy wing wang wong.
I blame you jbreher! +1 |
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I am my own worst critic. I would like to offer an alternative to the Pac caP; I think the trails show up better on this one.  Avatar-sized  You humble me, very much like the added detail! Edit: I have the same difficulties. Uploaded the v2 avatar, but it is not displaying yet. |
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+1 (this merit thing is starting to get annoying for WO leechers) send him yours  especially you with that pacman avatar why isn't that on a HAT yet ?? It would probably be too small in the patch plus he can't part with his avatar.  OK Homer, I capitulate. If you somehow manage a themed hat I will wear it with pride. Tempted to buy some, but I told myself for the first time to be disciplined and stick to a limit order 10% below ATL. Perhaps the sign of the bottom reached, is actually myself. Let's see, happy either way. Pac man proved to be a tough caP, man!  Avatar-sized  Hope it fits. You sir are an artist, very creatively done. It is almost a shame the avatar is so small, love the trail covering the hat. Thanks! And have my last merits please. donated ONE for bitebits as well Thanks |
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Games like these make the price movements interesting again, great Mic Bang, $5555 it is! |
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+1 (this merit thing is starting to get annoying for WO leechers) send him yours especially you with that pacman avatar why isn't that on a HAT yet ?? It would probably be too small in the patch plus he can't part with his avatar. OK Homer, I capitulate. If you somehow manage a themed hat I will wear it with pride. Tempted to buy some, but I told myself for the first time to be disciplined and stick to a limit order 10% below ATL. Perhaps the sign of the bottom reached, is actually myself. Let's see, happy either way. |
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+1 (this merit thing is starting to get annoying for WO leechers) |
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Virgin Roach.
Let's get the roach devirginized, I heard there are certain women accepting bitcoin nowadays. |
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[...] super rare event that I use cash at all.
It is unfortunate how little financial privacy is valued these days, which is (currently) Bitcoin's Achilles heel as well. Very much encourage any privacy improvements in layer two solutions and side chains. |
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[...] send BTC, cause he only works in BTC then he daytrades and guarantee's 10% profit [...]
Don't do it kiddo, many have tried before you. Ow and this. |
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Today I realised by simply being in bitcoins I will time the bottom to the dollar cent.
Now I can sleep.
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This is my best case scenario. Purple line is 200 MA Weekly. Under this scenario we break $6k in early 2020, maybe late 2019.  New ATH in early 2021 is probably more than what many people would ask. Right now some people must be swearing that they are going to get out and never come back once they hit the price they bought in.  This happens to most people (happened to me in 2014, I know how it feels) especially if this is their first time investing in a high risk/volatile asset like bitcoin. Exactly what I said to myself in 2014 after being over 50% in the red. All of a sudden we hit $19,xxx & I’m literally over 60 times my total investment........then greed took over & I sold fucking nothing.
It won’t happen during the next epic bull run, I can promise you that And then you sit there with a measly million and barely any coins. Like those selling on the way up to $1000. You make the same mistake again but in reverse. I am dead sure I would feel way more miserable being in that situation: understanding the tech, having the funds and balls to be able to buy in, and then miss the opportunity Bitcoin growing towards its potential. The ATH 300 billion market cap is fucking peanuts in the grand scheme of things. |
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The bitcoin price still tumbling makes no sense anymore at this stage. It is purely driven by fear and greed.
Never imagined being able to buy whole bitcoins at once again, I feel sorry for their loss.
The peak didn't make any sense either and was also driven purely by fear and greed. People need to stick around until it's been drained at this end of the spectrum. Well said, quoting for the collection  Will Trace's proofofkeys affect anything one way or another?
I am curious and leaning toward participation.
I guess in my case ' proof of keys' means I need to send some to an exchange. |
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The bitcoin price still tumbling makes no sense anymore at this stage. It is purely driven by fear and greed.
Never imagined being able to buy whole bitcoins at once again, I feel sorry for their loss.
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How secure can it be when I throw my phone around all the time? Still haven't managed to break any of my Samsung phones (surprisingly), but if I had crypto on it I'd either get really stressed out or have to change my behaviour. i'm never gonna store it on a phone... also i'm an iphone user but its good for samsung to work with crypto etc Me neither that is for sure, but I am a nerd who likes to sign his transactions on a braindead laptop. A whole lot better for the masses though that would otherwise be 'storing' them on an exchange. But let's first wait for more details to come out before starting to celebrate. |
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