cAPSLOCK
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Activity: 3766
Merit: 5146
Whimsical Pants
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July 27, 2020, 07:20:47 PM |
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Well I'll sum some of it up from my position.
[...]
Wouldn’t want to have missed it for the world  I know! |
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JayJuanGee
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Activity: 3836
Merit: 10832
Self-Custody is a right. Say no to"Non-custodial"
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July 27, 2020, 07:22:02 PM |
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It can't just keep happening.
The whole stock to flow thing is too simplistic.
Eventually the numbers get too big to keep going up.
Of course, even if bitcoin is designed to pump forever, even the stock to flow model will taper off along the way. We have already witnessed a tapering off of each exponential wave in terms of the percentage increase at each 4-year fractal. So, yeah, as the BTC market becomes more saturated, it won't be able to even come close to pumping as much in terms of percentage as it did in the previous 4 year fractal, but we are still at less than 1% of world adoption.. AmiNOTrite?.... so there seems to be room for a few more BTC exponential pumpenings.. in the coming years.. especially looking at the next few years and even meaningful 12-years ish or more. No? Why so pessimistic, cAPSLOCK? Especially in the near term? And who gives any shits if BTC is not sufficiently pumpening in 50 years because the BTC market is potentially becoming more saturated? Do you really care about stock to flow model being broken (or less accurate) in 50 years or whatever? Who fucking cares? Many of us will either be dead by then or too busy banging hookers, whipping donuts in Lambos and snorting blow to even notice, right? You took my quote out of context. But I am always trying to find holes in my current hypothesis. My point is those are the very best I can do, and they are weak. The crazy thing is the contrarian in me is trying to make a case for the former:
It can't just keep happening.
The whole stock to flow thing is too simplistic.
Eventually the numbers get too big to keep going up.
So weak. I just can't make any of those stick... Fair enough that when we are batting around ideas, sometimes the context will be misunderstood. I did not have any ill-will in that direction, and surely I consider you to be overall bullish in regards to bitcoin and various fundamental bitcoin ideas - so hopefully neither bears nor bulls were hurt by any of these back and forth statements (well, maybe hurting bears is generally o.k.?)If you look back at the posts I was making last night I was pre-celebrating for what I saw coming today. I am so bullish it scares me a little. Take a chill pill...  haahhahahaha |
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xhomerx10
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Activity: 3962
Merit: 8601
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July 27, 2020, 07:31:10 PM Merited by BobLawblaw (2) |
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I made it three years ago but I think it's relevant again.  edit: ditto  |
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goldkingcoiner
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Activity: 2170
Merit: 1927
Verified Bitcoin Hodler
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Bitcoin plane takes off.
Passengers clap, captain drunk.
Forgot my luggage.
#haiku
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vapourminer
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Activity: 4452
Merit: 3974
what is this "brake pedal" you speak of?
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July 27, 2020, 07:40:16 PM |
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hmm...  kinda small.. where will the yachts dock and heliport go? |
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Hueristic
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Activity: 3934
Merit: 5290
Doomed to see the future and unable to prevent it
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July 27, 2020, 07:44:48 PM |
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Some of you guys are getting quite morbid with your visuals, this time around.  What? I mean the linked content... Watch the Vid again.  |
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Last of the V8s
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Activity: 1652
Merit: 4392
Be a bank
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meanwhile in Wuhan  |
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Hueristic
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Activity: 3934
Merit: 5290
Doomed to see the future and unable to prevent it
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July 27, 2020, 07:50:04 PM |
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Mindrust this, Mindrust that. Gentlemen, we are better than this. No need to rub it in.
Personally I miss him. He provided some insightful posts, along with some decent TA.
I miss him as well but he's proof that Masterluc should not be listened too. All his linked TA was from ML as far as I remember. It was really weird how he just crumbled seemingly out of no where, no one knew how over extended he was. Just a life lesson,. Its always best to learn these type lessons by Observation rather than in person.  |
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OutOfMemory
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Activity: 1666
Merit: 3313
Man who stares at charts (and stars, too...)
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July 27, 2020, 07:51:53 PM |
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Some of you guys are getting quite morbid with your visuals, this time around. What? I mean the linked content... Watch the Vid again. classic. I think i have to re-watch the movie  |
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Searing
Copper Member
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Activity: 2898
Merit: 1464
Clueless!
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July 27, 2020, 07:52:07 PM |
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Now that the price is above $10K, I can now contemplate that maybe, just maybe, it won't go below $10k ever again. Of course, I'm likely delusional in my 'daydream' of such a BTC/Crypto world...of Rainbows/Fairy-Dust/Unicorn Farts... but hey, it is a nice daydream! $11K is my 'actual' 'happy place' for 'obvious' math reasons...but again I'm likely delusional on the 'Bitcoin Pump Fumes'  Fun to dream though. Brad |
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OutOfMemory
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Activity: 1666
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Man who stares at charts (and stars, too...)
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July 27, 2020, 07:55:33 PM |
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Now that the price is above $10K, I can now contemplate that maybe, just maybe, it won't go below $10k ever again. Of course, I'm likely delusional in my 'daydream' of such a BTC/Crypto world...of Rainbows/Fairy-Dust/Unicorn Farts... but hey, it is a nice daydream! $11K is my 'actual' 'happy place' for 'obvious' math reasons...but again I'm likely delusional on the 'Bitcoin Pump Fumes' Fun to dream though. Brad Brad, you're so humble. You might as well ask for $111K, too. *fingers crossed* |
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serveria.com
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Activity: 2366
Merit: 1189
Privacy Servers. Since 2009.
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July 27, 2020, 07:59:02 PM |
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hmm... kinda small.. where will the yachts dock and heliport go? It's right off the island (not visible in this photo) on a GIANT yacht full of whores and blow... |
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Flangler
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Activity: 963
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July 27, 2020, 07:59:42 PM Merited by JayJuanGee (1) |
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I have noticed that the bigger wall in the order book the higher chance that price will go above it which is kinda opposite what I expected.
By the way, what is the deal with those caps in profile pictures?
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Hueristic
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Activity: 3934
Merit: 5290
Doomed to see the future and unable to prevent it
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July 27, 2020, 08:09:16 PM |
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I have noticed that the bigger wall in the order book the higher chance that price will go above it which is kinda opposite what I expected.
By the way, what is the deal with those caps in profile pictures?
We have Capitulated. |
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JayJuanGee
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Activity: 3836
Merit: 10832
Self-Custody is a right. Say no to"Non-custodial"
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July 27, 2020, 08:10:46 PM |
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Some of you guys are getting quite morbid with your visuals, this time around. What? I mean the linked content... Watch the Vid again. Ok... I watched it again... Must be over my head.... In other words, I stand by my earlier comments. |
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Hueristic
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Activity: 3934
Merit: 5290
Doomed to see the future and unable to prevent it
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July 27, 2020, 08:12:00 PM |
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Some of you guys are getting quite morbid with your visuals, this time around. What? I mean the linked content... Watch the Vid again. Ok... I watched it again... Must be over my head.... In other words, I stand by my earlier comments. Say "what" again Mutha Fucka.
Funny that a buddy once told me I reminded him of SLJ. |
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Last of the V8s
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Activity: 1652
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Be a bank
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July 27, 2020, 08:12:03 PM |
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JayJuanGee
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Activity: 3836
Merit: 10832
Self-Custody is a right. Say no to"Non-custodial"
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July 27, 2020, 08:14:05 PM |
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hmm... kinda small.. where will the yachts dock and heliport go? It's right off the island (not visible in this photo) on a GIANT yacht full of whores and blow... Don't forget the lambos... though gonna be tough to get any speed on them... maybe safer, that way? I have noticed that the bigger wall in the order book the higher chance that price will go above it which is kinda opposite what I expected.
By the way, what is the deal with those caps in profile pictures?
Exactamente!!!!!! Very early lessons of wall observening...... some might describe as WO 101 ..... even some hat-wearers will sometimes forget some of the basics.... or even the basic questions of wall observenings. |
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Wekkel
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yes
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July 27, 2020, 08:14:09 PM |
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casperBGD
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Activity: 2156
Merit: 1151
Nil Satis Nisi Optimum
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July 27, 2020, 08:17:32 PM |
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yeah, it is going up, and should stay above 10,5k at least for a day, and then go further up - be the train, not the sheep - |
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