For me everything below 50% is an opportunity. I don't look for total bottom because most of us will never be able to predict that. All we can do is choose a level we're comfortable with and be patient afterwards. People who keep searching for the bottom are the ones paying huge exchange fees for buying and selling just to be that 2% closer to the bottom not realizing how much they're losing in the process. I started buying at 35k and kept buying until 29k where I run out of fiat money. I feel comfortable holding this even if we fell lower and I can wait until the next halving.

My minimum target price is $100k. If we won't reach it in 3 years I'll probably rethink my strategy.

I can tell you why this is. It's all human psychology, nothing else!
People always overshoot with their predictions.  

When we broke 20k people were like "sky is the limit, welcome 300k bitcoin" and they were buying at 60k because they saw 100k around the corner and then if we were to hit that they'd still buy to get to 200k.

When we fell 50% people think it's over for bitcoin and we have to go back to the previous ATH of 20k, because we were doing that in previous cycles, so they aren't buying because they say to themselves that they'll buy at 20k.

It's just like in 2017 analysts, including the infamous Tom Lee were predicting 30k bitcoin and we fell at 20k. Then some other famous analysts like Tone Vays were predicting a fall to the previous ATH of 1k but we only fell to 3k. These guys are consistently wrong so don't listen to them and have your own plan.

I remember reading that Musk and Dorsey were planning green bitcoin mining together. Also, Tesla was supposed to start accepting bitcoin again when it starts using 50% clean energy so that would play into the narrative. They mine green bitcoin and accept bitcoin for their cars again.

The number of these green mining plants is going to go up because it's "socially acceptable". They want to appease the dumb crowd who was told that Bitcoin is bad because it's not mined with solar power, but banks who don't use solar power are good and diesel engines are good to, because you have a bank account and your neighbor has a diesel truck, so you can't do anything about it, but hey, at least you can hate bitcoin!

IMO this whole Bitcoin is bad for the environment narrative is meant to slow down its progress. There's not much real science behind it, but there are CBDCs in development so slowing down bitcoin is in the interest of big banks.

I don't have an exit strategy and I don't feel that I need one. For me this is a very long game, meaning that I won't be selling my coins for another 10 years.
My plan is to hold as long as I can until I see 2 possible outcomes.
1. Bitcoin fails. Its code gets broken somehow by a supercomputer, a new virus manages to interfere with the network, I don't want to guess but there is a very small possibility that bitcoin will fail and start disappearing. A break in the 10 year trend line would also be concerning, like if somehow Bitcoin was to go below 10k USD this year, I'd probably consider my money lost and move on.
2. It becomes a worldwide store of value that countries start to hold along fiat and gold. It becomes worth at 300-500k USD a coin and I get to buy a house with just 1 BTC. In such case I'll probably start exchanging it to goods that will make my life better. Again, i don't need a strategy for that.

Casinos know how these bonuses and free games work and usually when there's a lot of freebies there's a catch that you need to deposit or wager certain amount of money to be able to withdraw. They will give you $5 for free, but even if you make $20 out of it you still won't be able to withdraw until you deposit some of your own money or get a significant win like $100+ and it's hard to make $100 out of $5 of free money.
I remember that a few years back you were able to get free coins on casinos every month because everybody wanted to start their business on this forum

To maximize profits you can try to bet on sports that you know and watch. At least you're not betting on a random chance of winning like in slots.

How can an altcoin advertising it self by on football stadiums be positive news for Bitcoin?
I'd really like this to change something in the crypto world, but in the recent months altcoins were more of a negative influence on bitcoin than the other way round. A good example is Luna that bought 1 billion in bitcoin and it barely moved the price, but when it dumped all of it on centralized exchanges it crashed us to where we're now.

Bitcoin can't advertise itself which is why its progress and popularization are so slow, but it's moving forward at least. I'd really like to see bitcoin on stadiums, not an altcoin that has a foundation and a president. It's not true decentralization.

Actually they did help. Russians were pushed out and weren't able to take Kiev.
At this point the more Russians die in this war the better for Ukrainians and the numbers keep growing. If a weapon can add to that number it's always good to have it.

This is a good piece. Check it out if you haven't seen it yet.
https://www.youtube.com/watch?v=WIZIspwem2s

I was amazed how young squad commanders are. This guy was a total newbie and apparently finished one of the best military schools in Russia.
His superior's vehicle was hit and he didn't know what to do, what date it is, how to proceed.
-shit they are shooting at us
-shoot them
-the gun is stuck
-let's run away and hide

Javelins and bayraktars are a waste of money here. These guys just want to get drunk and sleep in a warm bed.

Of course. It's common knowledge that people who had ties with the government and knew they were going to impose restrictions made a lot of money. One of the ways they did it was that they knew the government would make face masks mandatory outside. When they were only mandatory in government buildings and hospitals there was enough of them in stores and not all of us needed to buy them but once they made everyone wear them in the street the stores run out and the prices skyrocketed. You could buy these masks in China for 10% of what the retail price was when masks became mandatory. These scammers, because they were scammers as wearing masks outside when there's nobody near you is pointless, made millions.

Yes, it's all normal. When you start running out of youngsters you can try to recruit veterans who fought in The Afghan War. They should be in their 50s and 60s now and Russia seems to be in need. If they die the state will have less pensions to pay out so it's all good.


Some battlefield hide and seek.
Look at them trying to be smart and hide behind some trees.
https://www.youtube.com/watch?v=tuE9H9KJ1VU

It's so rare to see a doctor wearing any kind of t-shirt. Last time I was at the hospital they all wore green shirts that are part of their uniform. The chances of them wearing a bitcoin t-shirt are so low that you can feel like you've won the lottery.
Also, it's the first time I hear about a birth fee. I've been in a few EU countries and everything is free in here unless you're not insured, but insurance is mandatory, so you have to try hard not to be.

Congratulations OP, you won't be getting much sleep from now on

Funny thing that I've noticed. People who start these troll threads are always newbies who make accounts here just for the purpose of being fed.
Trying to change the mind of someone who came here to defend his statement until the very end, against all arguments, is a waste of time.

Don't wrestle with a pig. You both get dirty and the pig likes it.

Sounds like at least a few of these people lost money investing in shitcoins and pozni schemes and they now want to put the blame on blockchain and bitcoin.

This is the problem. We don't want to do it in a centralized way. Also, they contradict their previous statement that blockchain is not decentralized. Why do we need to do something in a centralzied way to be different from blockchain then?



Yes, that's the point. The banking system is a scam and the amount of centralized fiat money spent to change it doesn't matter since they can print more and more to fill the gap.

Russia a superpower? This is a superpower that is putting chips from dishwashers into their tanks because they're out of military grade stuff.
https://www.businessinsider.com/us-says-russia-using-chips-from-dishwashers-in-tanks-sanctions-2022-5?IR=T

Russia used to be a superpower because it had nuclear weapons and that's what the world was afraid of. They were also flexing a lot and showing off their warships and jets, but we can see now what these are worth if a fleet flagship equipped with 3 types of anti missile weapons cannot even detect an incoming missile and gets sunk, soldiers abandon tanks because they have no fuel and they're found eating military rations that expired 5 years ago.

I have a few friends, who all went to universities and so did I. None of us does anything even remotely related to our studies and we all finished different studies ranging from economics, through law, and ending with robotics. Two guys who studied literature are now working in IT, the robotics guy is selling clothes, law guy is in administration and guy who studied IT ended up running an online store with mobile phones. Based on my experience, a degree doesn't say anything about you and is in no way a guarantee of anything like a job, money, success... You could skip it, but it has a purpose in some cases. It shows that you're willing to learn, that you are able to do research on your own and it teaches you to pick the important parts and manage time. This is probably the most useful thing that the university taught me. That said, I won't ever know if I wouldn't be able to get these skills elsewhere, like by learning a trade and running my own business.

I can tell you a bit about soaring prices of fuel in the EU. We used to pay 1.2 EUR 2 years ago and now it's 2 EUR. This is crazy but I don't really see people walking or cycling instead of driving their cars. It used to be hard to park downtown and it still is. I used to be stuck in jam at 7 am and I still am, so people are rather using up their savings and driving like they used to.
According to the statistics there's much more people looking for apartments than a few years ago. Everything gets more expensive but it doesn't stop people from spending money.

Sure. I'd write a gambling thesis. It's a very interesting topic for a number of fields of science like psychology of a gambler, the way games are built to attract us with images and sounds, the way we are lured in by free games, deposit bonuses and such, the way lotteries attract people with high prizes while hiding the real math behind them...
One thing I wouldn't write about is exactly what that student from OP got paid for, which is ethics. I don't think that we can call a game ethical or not, especially if it's a player's choice to participate.

Let the ungrateful "bastards" suffer. A little pain hasn't killed anyone!
Jesus suffered for our sins so they can kneel on peas for a while and think of what they've done!

You guys should get the parent of the year prize.

And I don't understand a fear of 8k because 8k is complete bullshit if you ask me. There's no technicals or fundamentals that would point to an 8k correction.

I'm not a fan of drawing lines in the sand and hoping something will happen, but if you're into TA, regression bands, market theories and all that, you should know a few things, like:

Bitcoin had 80-85% corrections a few times in its life and that correction would mean 13-16k USD bitcoin at the bottom of a bear cycle.
Bitcoin has always stayed above the previous bull market top after reaching a new ATH. If we were to keep that up the bottom would be above 20k USD
Every time Bitcoin had a deep correction like 80% it was after a huge run up of over 10x from the previous high like 100 to 1100 in 2013 and 1000 to 20000 in 2018. This time there was no such overbought top and no big panic like in the previous bull markets that would correct -50% in a few days.
Mining profitability is above 20k
Bitcoin in its 12 years of trading always held the 200 week moving average and this is at 22k USD. It held it in 2012 bear market, 2015, 2019 and even in the 2020 covid crash.
A number of analysts including JP Morgan published their view of the current market state and saw bitcoin as oversold. According to them if not for LUNA manipulation we'd be somewhere between 35 and 40k USD. Luna dump destroyed all leveraged long positions at 35k and pulled us lower. This wasn't a natural market selloff but rather a rare unexpected event.

People who are coming out with 8k simply want to capitalize on panic and make people freak out even more and you can look up the guy who said it. Last year he was telling people that bitcoin would reach 400k USD. That's how good he is at predicting the price.

So it has to be recently used for criminal activity... fine, next time I sell drugs to someone, I'll make sure to hold my coins at least for a year before sending them to someone else.

If you're worried about your accounts being blocked due to unknown origin of your coins just don't use centralized exchanges. P2p is not the only way to exchange money. You can for instance do it in a physical exchange point, where they give you cash for your coins. You can also use an ATM that gives you an address to send coins and pays in cash. These services don't require KYC up to a certain amount of money and don't test your coins for recent illicit activity, which is as it should be everywhere.

Don't use shitty exchanges that block accounts like coinbase and you'll have one less thing to worry about in your life.

Look who's talking! The bigot and propagandist is calling other people dishonest.

I guess we all must be abnormal, because the new normal is calling Jews antisemites and nazis, raping children, stealing refrigerators and washing machines and sending them to Russia, killing dogs and eating them, running people over with tanks, leaving your wounded to die, burying your fellow soldiers in mass graves and torturing prisoners. We are all brainwashed by the pictures of bombed cities and tanks shooting cyclists with their main gun.

The real truth is that those raped women are making it up, dead children are dolls, that cyclist was a nazi trying to attack the tank, all bombarded cities are CGI, shot down Russian planes and helicopters are repainted Ukrainian machines, all Russian tanks were destroyed by Russians so that they wouldn't fall into enemy hands and Moskva cruiser sunk because it had an accidental fire in one of its magazines.