The CEO of BitCoin has spoken:
"With the first country in the world which implemented BitCoin as a legal tender I declare every strong volatility is 'strengstens verboten' from now on."
[Sign and Seal of the CEO of BitCoin]
Something about the misspelling of bitcoin like that really irks me, even for a joke... but frequently I do appreciate dweebs spelling bitcoin like that, and if they continue to spell it like that, even when they are called out (or asked to fix their spelling), and if they refuse to fix it, that is a pretty strong sign that they are disingenuous, likely NOT very smart about what is bitcoin and also likely butt hurt too.
Your boy LFC_Bitcoin, taking in some culture @ Van Gogh interactive art exhibition in UK.
Reppin
BTC mask, not impressed with the dump.
Whoaza.. you must surely be a true bitcoiner to have eyes like that in dee real life (irl).
Scary though.. just saying.So downward diff is now in step with downward price.
Lets see how long they march together.
Are we expecting a mining death spiral?
Anyone?
Anyone?
So diff and price are locked in a downwards trend.
What can break us out of this?
proudhon. where the fuck are you?
Don't you have to zoom out a bit philip?
You seem to be repeating this same idea as if you are rooting for DOWNity.
In essence, I would say, who cares? Let it play itself out, whether we are talking about one or two difficulty periods or whatever it takes. Seems that bitcoin can handle this, and not even sure if BTC prices are going DOWNity yet or we may well just be experiencing a fake out.
Hopefully peeps are prepared for either BTC price direction... and sure flat is in there as well, but we just don't seem to have much preparations needed for flat, except perhaps just DCAing on a regular basis.. whether that is daily, weekly, bi-weekly or some other reasonable/convenient time period to be injecting more value into BTC and accumulating it (aka stacking sats).
It may well be prudent to also be a wee bit aggressive in making sure that you reasonably reach some kind of meaningful BTC accumulation goals, too.. think about the Michael Saylors of the world, they are not going to be waiting around for peeps like you to make sure that you acquire your $20 bitcoin per week, so if you can it may well be more reasonable and prudent to attempt some kind of DCA like $500 to $2k per week (if you can) depending upon how many BTC that you may already have and what might be your target BTC accumulation levels.
For a starter BTC accumulation level think 1% to 10% of your investment portfolio as being a good beginning allocation into BTC, but of course there is a need to individually tailor too..... so if you do not know shit, then think 1% to 10% as you study your own situation and then figure out where you would like to be in terms of accounting for your various individual specifics, to the extent that you are able to do so... and surely also having a reasonable beginning target BTC accumulation level can at least get some no coiner (and under-allocated precoiner) peeps started.
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