Regarding your various points that seem to belong in the meta section of the forum, I find those kinds of comments less offensive than bringing up shitcoins (or moreso pumping shitcoins without any legitimate connection to bitcoin) in this thread, though I would imagine that there is a pretty decent (perhaps overwhelming) majority of WO regulars who don't want to see very much meta in the WO.. perhaps a reference here or there is going to be tolerable, but long meta rants is not likely to win you too many friends.. I probably won't complain too much about it, yet I will probably blow with the winds if other guys are complaining about it.. which seems quite likely to me... seen it several times previously..
I did not raise off-topic questions about my identity—a topic that I do not wish to discuss at all. It
has been raised here by multiple persons other than myself—repeatedly, persistently—sometimes jovially, but in one case with extreme and unwarranted hostility.
I think it was fully appropriate for me to reply to that
once in the same place where the issue was raised: The Wall Observer. Insofar as I am concerned, that disposes the matter: I have no wish to discuss it further—not in WO, not in Reputation, not anywhere.
Mention of altcoins was contextual. I was not “pumping shitcoins”—and you will note, I didn’t mention which altcoins I hold or have held with favorable results. It’s hard to pump something without saying what it is! I think my point was clear in the context:
So, is nullius a secret altcoiner? It is a rhetorical question.
A better theory: Vladimir Putin personally inserted a microchip into my brain, which made me trade on margin. This caused me to lose my BTC, so that Russia could buy it cheap from the liquidator bot. I blame Russia.
Personally, I give less than two shits about some of the politics, except sure sometimes they do get embedded into our conversation, and we know that there is misinformation coming from several angles regarding various aspects of the Ukraine conflict - and it is likely not going to go away, so I am probably exaggerating a wee bit when I say that I do not give two shits about politics because it is difficult to escape.. but at the same time death-wish,
you have to take responsibility for your own actions in regards to your BTC portfolio management - and surely you admit mistakes were made.. and hopefully you learn enough of a lesson to minimize any further damages.
That internal quotation (here unmodified) is wildly out of context. I believe it’s quite clear that I was waxing satirical, for reasons that had nothing to do with my personal finances.
With regard to your statement that I rendered in bold, I want to emphasize for the record that I originally created this
death_wish account with three consciously articulated motives:
- To seek last-minute advice trying to extricate myself from a mess. I already knew that absent a sudden, lucky turnaround in the market, it was far too late for me; but I was understandably desperate!
- To vent. I think that most people will understand that I am apparently a human being, and humans who lose >90% of their assets do sometimes want to vent in appropriate venues. WO seems like exactly the appropriate place for me to say, “Oh no, look at how badly I just fouled things up” and everyone else can say, “Wow, you fouled things up so badly! Rekt! Don’t buy on margin!”
- To give a warning to others. Even at the cost of some humiliation to myself.
I have spent
years telling people not to buy on margin. I have mentioned in several of my previous posts (and much more in a bunch of anguished outpourings I wrote but didn’t post), I made stupid mistakes that I warn others against.
My very first post under the intentionally melodramatic moniker death_wish was designed to drive the point home
graphically. Some of my recent weeping and wailing with prayers for Bitcoin’s forgiveness is intentionally over-the-top, for the same purpose.
DO NOT DO WHAT I DID. Which I spent years saying not to do. Which I then did.
No, really: DON’T DO IT!I am inevitably miserable about my losses. I do not customarily wallow publicly in my sorrows.
It is embarrassing. But I think that it’s important to warn others. And I think that the entire record of my post history makes it excruciatingly clear,
I absolutely take responsibility for my own decisions—and for the consequences thereof. I don’t see how my writings could be read otherwise.
[...] and get the fuck out of shitcoins, especially since you have already shown that you do not seem to know what the fuck you are doing... [...]
I do not desire to debate that in WO. It is not the right venue. I mentioned it in another context, with the rhetorical purpose stated above. I also mentioned that I did just fine for years,
until I tried margin. Margin wreckage lost me BTC that I had attained from altcoin profits.
I do
not recommend altcoin trading to others. I am not some Twitter-buyer chasing moons, a.k.a. retail fresh meat in the VC slaughterhouse. There is no “get rich quick”. Whatever I do requires patience, intelligence, and information not sourced from hot tips on social media. Elaborating would be off-topic in WO—and I am uninterested in chatting about it, anyway. But yes, I do know what I am doing.
On a general note, as I have mentioned before, it would be inadvisable to attempt subjecting me to some sort of a Bitcoin purity-test. I’ll win that one.
[...] even though you do happen to recognize and appreciate bitcoin's bullish case and its fundamentals.. so stay focused there first and don't get distracted into either shitcoins or margin until you get your BTC stash sufficiently rebuilt and maybe even overallocated (which surely could take you 4-10 years if you have already ended up losing a bunch).
This is not the first time that I have rebuilt financially. Previously, my personal wreckage was caused by severe IRL adversity which was
not my fault, which is nobody’s business, and which I do not wish to discuss.
It took me five years of patient effort to rebuild what I just lost. And this time, it will be harder because BTC is so high—
and this time, I wrecked my own damnfool self. Yes, I know what lies ahead of me.
Sorry.. my patronizing lil selfie could not help but to make some of those commentaries in regards to both your representation of taking responsibility [...]
I don’t know how you misinterpreted that.
Nothing that I have said could be read as other than, “How could I do something so stupid—I messed this up big time!”
I’m sure your patronizing lil selfie read this, since you gave it a merit weeks ago:
To avoid accusations of deficient IQ tantamount to mental retardation, I plead a bout of temporary insanity. Do I know better than to do this? Yes, I do. Why did I do it - why, why, why!? I have asked myself that many times, after I got in too deeply to get out fast without drastic losses. Chalk it up to temptation, starting with a little bit of something really safe ("lol, I can survive a crash even to $10k!"), then one thing leading to another as the account spins out of control.
With full gratitude for your earnest attempts to help me get out of a bad situation when it was far too late, I do request that you be more careful in representing what I have written here. Context is important, and I have
never tried to evade responsibility for my own actions. After all,
this is why I am in Bitcoin to begin with: My money is my money!Unlike some people in (ahem) the Speculation forum, I was
not initially drawn to Bitcoin by the prospect of profits. I only learned about that part after I was already in BTC. I am in this first and foremost for principles.
I have a cordial contempt for “Bitcoin investors” who are in it only for the money—cordial, because I appreciate that their investments help to empower my noblest of principles—contempt, because their motives are venal. I
care about Bitcoin.
Naturally, I want for Bitcoin investors to get rich. It is their condign reward for supporting Bitcoin. But I know that they do not care for Bitcoin, as I do.
My principles: I
do not want for anyone else to take responsibility for my financial decisions! That would mean
permissioned systems: Restrictions on how I use “my” money. KYC to enforce the restrictions. Limits on how much I can send, and to whom I can send it. Regulations that restrict profitable opportunities to “accredited investors”. And so forth...
I doubt I need to underscore my passion and my principled demand for
permissionless systems, which by their nature let me mess myself up if I so choose.
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