Citing Snowden as if he were a bitcoin expert..
Ok.
When you persistently attack and ridicule me for saying
positive things about Bitcoin, it shows that you are not discussing these matters in good faith. Either that, or you are against Bitcoin, and therefore against speaking positively of Bitcoin.
I doubt that either of those are true. But you have rights to conclude whatever you like. You seem to enjoy latching onto anything and making issues out of whatever you can.
(Moreover, for those of us who come to Bitcoin from a cypherpunks perspective, Snowden is a hero. Too many people do not appreciate what he did—what he risked and sacrificed to try to help free us from odious mass-surveillance. Some of us do. Whether one agrees or disagrees with him on various issues—I not infrequently disagree with him on some issues—the man deserves our respect.)
You believe that I am suppose to worship him?
I have no problem with Snowden.. except some of his stances on bitcoin. .. he has shown some evidence of being a shitcoiner like you... actually maybe you and Snowden are the same peep?
Seems way too early to be making broad proclamations about the death of the significance of the 200-week moving average as a bottom.. or a bottom is or whatever we are going to end up calling it or changing it to.. if we even need to change it.. just depends upon context.. I am not going to presume more down from here even though it is surely decently possible to have more down from here.
You are showing the opposite syndrome of the nocoiner who says that he will buy at $20k, then at $20k decides to wait for $10k.
Your conclusion or analogy seems to be an ill fit. I stand by my assertion above.. why not? nothing wrong with it, even if you don't like it..
By definition, a bottom needs to be at least some sort of an approximate predictor of—well, the bottom. I think it’s reasonable to exclude very brief crashes as outliers—such as the deepest crash in the March 2020 Covid panic, which was extremely brief with a quick bounce up to just under 200 WMA. I think it’s reasonable to allow some little wiggle-room below, for a brief time—such as a few days in March 2020, among other examples.
Even assuming that the bottom is already in (maybe/maybe not), it is either delusional or dishonest to claim that $22.3k (200 WMA as of 12 June, just before the crash) was anywhere near the bottom for June of 2022.
So far the bottom is $17,593, which happened a little more than 2.5 days prior to this here post .. And the 200-week moving average is currently $22.371 and it appears to be moving up at a pace of nearly $30 per day.
"We " can focus on whatever the fuck "we" like.
You can go live your lil fantasy of hoping the BTC price comes down while you proclaim that you are not hoping for such all that you like..
[...]
You are engaging in a little fantasy if you speculate that my characterization of my leverage f the last year or two going from 0.5% and up to 1% means that there is any chance that I would get liquidated..
[...]
I may have already said too much about my use of leverage situation because you are so desperate and trying to grasp upon anything and leading your imagination into fantasies,
[...much insubstantive and unintelligent sneering and ridicule generally snipped, above and below...]
Well, now you are completely off your rocker: Wildly accusing me of “fantasies” that are nowhere even near close to my mind, and are not shown in the text that you quoted—
Those appear to be snippits of my opinions about your various responses.. You are focusing on what, exactly?
nor in anything else that I have said—say what, now I’m suddenly fantasizing that you will get liquidated? All these, rather, are your fantasies. You are simply projecting. It is a bit embarrassing that you are suddenly falling apart this way, when I’m the one who just got my assets nearly wiped.
But I am not having any issues. This is my usual way.. more or less. I am not treating you any different from anyone else.. just responding to things you have said... or at least trying to.
It is particularly egregious for you to accuse me of fantasizing that you will get liquidated. Obscene.
That was kind of my interpretation of what you were saying. Hey I don't claim to understand everything you say.. I do my best given my own time constraints.. I sometimes have other things that I have to do.. I mean I was talking on the phone for about 3 hours yesterday, and then it kind of messed up my schedule because it should have ONLY been a 30 minute conversation at most... those things happen.. and then I also had an issue with a leak in my sink that had been installed about two years ago.. seems that the plumber had not put the pipes on properly.. so I had to fix it, but ONLY after I had been confused about all the water that seemed to have had been leaking for several days without my having had noticed it....just giving examples of some time constraints that sometimes arise.
After I have been on an extended campaign to warn newbies that leverage is dangerous, you made a long post about your own use of leverage—arguing with nobody, for no apparent reason, that leverage works great for you. (Doth protest too much?)
I am pretty sure I decided to give that example of my own personal leverage after I had discussed the 200-week moving average as a bottom and that was in the context of responding to the issues brought up by Saylor.
I had actually written up all of the first part, and then after I had already submitted it.. I realized that I should have put something about my own use of leverage too... so that ended up being broken into two posts rather than one.. maybe a bit too confusing.. but some passing ideas that I had that I thought worthy of mentioning given some of the considerable BTC price dynamics and my assessing and reassessing.. and then after coming to some of those conclusions, I though that it was worth outlining some of those ideas.. it was also a theme that I had kind of struggled with when I had met up with those nocoiners.. so there was some repetition in terms of my thinking too..
I curtly acknowledged that you are a sophisticated investor, then wrote out a list of warnings for any others who believe they are “sophisticated”. Now, I am fantasizing that you will get liquidated? You are nuts—and it shows much about your character.
How am I supposed to know? That appeared to be the point that you were making in regards to even seemingly low leverage set-ups running risks of leverage.
If our positions were reversed, it seems that you would be fantasizing that I will get liquidated. There is no other possible reason for you to believe that I would think that way—but that you tend to think that way.
I don't really think like that. You seem to have a tendency to want to make more out of something than it is.. You want to take things personal, even when they are not intended that way.
That’s sick, and there is no call to project that onto me.
I don't read the situation that way.
I am disappointed. I had believed that you had wiser judgment, and a more even keel in troubled waters.
You are disappointed through your own making. I am not having any issues, currently. No hate or vengeance or even ill feelings towards anyone.. Sure the BTC price has corrected way more than expected, but it is getting close to being back to the 200-week moving average which seems to be a good thing... Of course there are no guarantees.. but I have my orders set and prepared for either up or down. There was about 24 hours about 2-3 days ago that I ended up removing some of my orders. and then I had placed some too close together and then I readjusted.. so I suppose there was some frustration in resetting orders more times than I would have preferred. .. but that would have been 2-3 days ago.. got that all fixed up and in order now.
By the way, I am not sure if I would call myself a sophisticated investor, but maybe that is just a relative term anyhow.. I do have systems in place, but I am not trying to really make price predictions.. but sometimes if it is getting close to points in which my money is running out, then I will sometimes have to rethink some of my orders in both directions... and yeah, there are some other techniques that I have developed over time.. .. but sophisticated? I am not sure. attempts at basic techniques and strategies and refining along the way.. if possible.
Although I allow that you may be generally upset as we all are lately,
Yes,,, I already mentioned that..
and all the moreso because so many of your earlier predictions were smashed by events that none of us foresaw
I am not sure if smashed is the right word, because I frequently try to prepare for extremes. It seems that I already mentioned that I had been more prepared for more extremes this time as compared with previous times.. but yeah.. whatever, you can characterize the defeat of others however you like if it makes you feel MOAR better.. .. and surely there are a lot of variations in how portfolios performed in these kinds of highly volatile days.. and one of the theories is to just live.. live to fight another day. Some of those funds dealing with high leverage did not live because instead of losing 70% of the value of their holdings or something like that, some of them likely ended up losing 3x 10x or some other outrageous numbers, and sometimes they were using the money of others, too... one of the benefits of mostly just using ones own money.
, it is no excuse for you to go off on me this way.
I think that I have been treating you fairly. You seem to be very provoking, so you might want to consider if you might contribute to some of the reactions that you receive, in terms of if you are taking extreme positions and also wanting to spin matters or to move goal posts and a variety of tactics that I have seen you using to not even necessarily stick to some topic that you had raised... so I doubt that anyone, including yours truly is being mean to you in any way more than you seem to deserve, and if you are trying to proclaim that you deserve more leniency than others because of some sympathy that you deserve, then I am not sure how those kinds of conclusions would be supported because many of us have a variety of dire and pathetic circumstances that we might not necessarily mention, but does not necessarily mean that we might not have some tough circumstances, also.. including that no one knows if you are a dog (or cat in your case) on the internet.
Petition to get JJG and death_wish to discuss and sort their stuff in their DMs.
+1 merit to agree, +10 merit to disagree.
Starts now.
Did someone die and put you in charge?
Hey?
Hey?
Hey?
Poll
