My stonks finally went down significantly, I'm having a bad week. I'm not worried long term (blue chips, and they didn't increase madly like in the US, so they shouldn't crash bigly either) but it will change my life plans for a time. Looking at a cheap house I can get with the smallest down payment possible, instead of the best house I could buy selling the stonks...
I have gotten inspiration from my BTC trading and put ladders to buy stonks if they go down more. Not huge amounts but so I feel good when the price recovers, that I have gotten some cheap stonks along with some cheap coins.
That escalated quickly.
United States-based cryptocurrency mining firm Core Scientific sold more than 7,000 [Bitcoin] in June to pay for servers, increase its data capacity, and settle debts.
In a Tuesday announcement, Core Scientific said it had sold roughly $167 million worth of Bitcoin (BTC) in June at an average price of $23,000 — 7,202 BTC. The sale left the firm with 1,959 BTC — roughly 21% of its holdings — and $132 million in cash as of June 30, a more than 75% drop when compared with its reported 8,058 BTC holdings as of May 31.
I think this deserves some kind of link.. or show from where you got the information.
Oh yes i am a nocoiner for sure neither am i afraid or ashamed to admit it. Will remain so until i get my Coins back !
On the other hand.. I do not see anyone saying Thank you to Cash/FIAT. CASH IS KING ! Always was and always will be. I do not see people thanking it for opening the doorways into an investment reality when it could be taken from then easily. I do not see people thanking for this beautiful creation and deed.
Lemme Explain the Gold and Fiat scenario cause people only hate and do not get the beauty of it even if it is Inflationary or Whatever bubbly...
GOLD - I have taught people how to trade and cooperate with people you do not know with fractions found in mother Earth.
FIAT - I have Evolved from Gold to feed everyone and bring prosperity to Civilized Society.
What did Bitcoin do so far?
Surely you are showing that you have hardly any clue about Bitcoin's value proposition (which means investment thesis for bitcoin) - even though you spend quite a bit of time here posting mostly off-topic or irrelevant baloney.. including whining and begging too.
If you had invested $10 per week since your forum registration for the past two years.. you would have put about $1k into bitcoin... and sure maybe you would have
only accumulated around 0.038 BTC.. but still you would be making progress in terms of BTC accumulation.
However, if you would have gotten off your ass and started to invest $10 per week into bitcoin since the time that you supposedly lost your coins at MTGOX more than 8 years ago, you would have ended up investing about $4,180 by now - and
accumulated just over 4 BTC, which surely would have put you in quite a good place.. even with a relatively modest and wimpy investment.
Sure, I have already concluded that you are a disingenuine poster; however, we are in a public thread and your whimpy willful and even arrogant no-coiner status should be shown for how unprofitably dumb you have been with your stubbornness and your failure/refusal to modestly invest in bitcoin during the supposed 8 years that you have been whining (and two years with your current particular account).
Is your shift/capslock button broken?
Maybe buy a new keyboard.
S/He can't buy a new keyboard because s/he cannot afford one, since s/he failed/refused to buy bitcoin for the past 8 years in which s/he has been moping and whining about not having any BTC - instead of taking reasonable and prudent action including even just buying $10 per week of BTC would have put him/her at about 4 BTC or more by now..
Observation:
Nocoiners, lowcoiners, shitcoiners, mindrusters, et al., are usually the ones that talk too much*, directly or indirectly bashing Bitcoin, insinuating its destruction, and posting smartass funny comments about it, perhaps subconsciously trying to amuse themselves and ease the incoming pain they're all going to have to take. And that's a lot of pain. We're talking PAIN... The thick, flaky, rusty pipe kind of pain...
The HoDLers just chill, relax and patiently wait for the inevitable mega-UPpity, while stacking sats whenever they can. They know their coins are precious and would not part with them no matter what.
Life's good.
HoDL.
* I must exclude Jay, who always talks a lot (and is a HoDLer--and has something to say--most of the time--#no-homo, you fuck!)
Edit: Just for the record, death_wish is also excluded. And by "talk too much" I don't just mean long posts, but many posts. They know who they are, and they will soon feel the pain. The rusty pipe, train-in-your-ass kind of pain...
To tell you the truth, sometimes I envy mindrust a bit. The guy made history, he has a fair chance of being mentioned in Bitcoin history books. Of course, he paid the price, but his name has become immortal and he will be remembered in the centuries to come...
Genuine question... either my memory fails me, or I just never cared enough.... but what price did mindrust buy/mine at ?
I think that the facts were that mindrust pretty much broke even at $4,500.. with his having had spent a couple of years accumulating the 10BTC that he had by the time that he sold them all around March 12. 2020. He bought one BTC back around $6k or so in April 2020 or so, and then was going to buy some more BTC through DCA thereafter and buy into other project/opportunities that he said that he had identified (which I believe meant shitcoins). i am not sure too much about his various specifics after April 2020.. though he has continued to post on the forum, but just refuses to come here.. which is kind of understandable. .even though there could be a way that he could redeem himself.. even though if he did return to this thread, he probably would end up getting grilled beyond any mere mortal's ability to tolerate.
Even though I have not interacted with him for more than 2 years, I get the impression that he is a decent chap.. but just kind of put himself into a difficult psychological pickle. Because of his active involvement in bitcoin, he is likely way experientially smarter regarding bitcoin than the overwhelming majority (more than 99%?) of the worlds population that have not even dabbled in bitcoin in any kind of meaningful way... if he could figure out how to keep his ego and emotions in check, he likely already has more bitcoin (stacking sats) wealth than 99% of the world's population will be able to get... didn't we hear that Roger Ver might have gone insolvent? Egos can surely get in the way for those inclined to gamble and unwilling to learn and figure out a more modest, humble and non-gambling bitcoin-focused strategy.
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