Gachapin
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bitcoin retard
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November 15, 2022, 11:27:06 PM Last edit: November 16, 2022, 12:10:59 AM by Gachapin |
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if that's what's needed, than we should welcome it fully
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philipma1957
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'The right to privacy matters'
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November 15, 2022, 11:36:55 PM |
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Next time, I am not waiting even for a new ATH, will probably sell a large % portion earlier (if we ever get there-to my undisclosed current sell target). It feels silly to sell at 16K, though, so I don't.
You're going to end up really disappointed if you do that. Well, I already did not sell twice: at 20K in 2017 and 69K in 2021, there would NOT be a 3rd time. Albeit, I also did not 'mindtrust' at $175 in 2015, $3100 in 2018 and $3800 in 2020. Part of it is age...waiting for 10 years makes no sense to me. However, I am not going to sell all...maybe 30-40% or so. Same here and it might very well be a third. Why on Earth would you sell so much without even a new ATH? Are you in desperate need of liquid funds or something? Yes when reading your post I had Mindrust in mind. I almost added "be careful not to do a mindrust" to the end of my post. Just sell what you need in immediate liquidity and keep the rest until we get anywhere close to final state valuation. We are not anywhere close to that. I mean Bitcoin market cap is only 2x ETH. Just that relative valuation should tell you enough already. Its easy to talk about what to sell but anyone over 50 years old with 100+ coins needs to think hard about what to do. Especially if they missed the 69k number and did not hedge some at that point.. Most people over 50 will be hard pressed to add 100 coins to their stash as it is 1.7 million at the moment. Also If you do have 100 coins and they cost you 4k each selling off 5 is not a hard choice. but if you have 15 coins and they cost you 8k each selling off 5 is a hard choice. I am not in either spot I dumped most of my holdings this year. Sank too much into the solar panels and the gear.
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psycodad
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精神分析的爸
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November 15, 2022, 11:42:51 PM Merited by JayJuanGee (1) |
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What a well timed coincidence with the FTX implosion: The Federal Reserve of New York and a group of private banking firms launched a 12-week digital dollar pilot project. The project is titled “the regulated liability network,” and it will conduct a test on usage of digital dollar tokens by banks. The stablecoin market has stabilized once again, Fitch Ratings announced return of confidence to larger coins like Tether (USDT). ..
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El duderino_
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BTC + Crossfit, living life.
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FRTSCjDC%2F6-DF025-DE-DCE8-4415-88-A7-BACEBC709-DDA.jpg&t=665&c=K2lU2roktHGN9w) Where the dude @
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wachtwoord
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November 15, 2022, 11:58:05 PM |
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Next time, I am not waiting even for a new ATH, will probably sell a large % portion earlier (if we ever get there-to my undisclosed current sell target). It feels silly to sell at 16K, though, so I don't.
You're going to end up really disappointed if you do that. Well, I already did not sell twice: at 20K in 2017 and 69K in 2021, there would NOT be a 3rd time. Albeit, I also did not 'mindtrust' at $175 in 2015, $3100 in 2018 and $3800 in 2020. Part of it is age...waiting for 10 years makes no sense to me. However, I am not going to sell all...maybe 30-40% or so. Same here and it might very well be a third. Why on Earth would you sell so much without even a new ATH? Are you in desperate need of liquid funds or something? Yes when reading your post I had Mindrust in mind. I almost added "be careful not to do a mindrust" to the end of my post. Just sell what you need in immediate liquidity and keep the rest until we get anywhere close to final state valuation. We are not anywhere close to that. I mean Bitcoin market cap is only 2x ETH. Just that relative valuation should tell you enough already. not in need of funds and not selling before roughly 3X from here, but will not wait for 150K. 30-40% under 50k? That's quite a waste if you're not in need of liquidity (imo, of course up to you). At least make sure not to sell early and then later FOMO back in (right below the top).
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OgNasty
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November 15, 2022, 11:59:40 PM |
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It looked like there was quite a bit of buying interest around $15,700. Looking back, it's possible that this may have been the best buying opportunity of this cycle. I personally think that the ultimate low will be when the mtgox coins are distributed next year, but I think it's possible we've hit the yearly low. We'll have to wait and see how things develop from here. It seems to me though that the damage from FTX has been done and the fallout won't be so bad from here as far as the exchange rate is concerned. If you have funds trapped on exchanges though, there is reason for concern.
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ChartBuddy
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November 16, 2022, 12:01:20 AM |
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HI-TEC99
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November 16, 2022, 12:14:20 AM |
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Next time, I am not waiting even for a new ATH, will probably sell a large % portion earlier (if we ever get there-to my undisclosed current sell target). It feels silly to sell at 16K, though, so I don't.
You're going to end up really disappointed if you do that. Well, I already did not sell twice: at 20K in 2017 and 69K in 2021, there would NOT be a 3rd time. Albeit, I also did not 'mindtrust' at $175 in 2015, $3100 in 2018 and $3800 in 2020. Part of it is age...waiting for 10 years makes no sense to me. However, I am not going to sell all...maybe 30-40% or so. Same here and it might very well be a third. Why on Earth would you sell so much without even a new ATH? Are you in desperate need of liquid funds or something? Yes when reading your post I had Mindrust in mind. I almost added "be careful not to do a mindrust" to the end of my post. Just sell what you need in immediate liquidity and keep the rest until we get anywhere close to final state valuation. We are not anywhere close to that. I mean Bitcoin market cap is only 2x ETH. Just that relative valuation should tell you enough already. not in need of funds and not selling before roughly 3X from here, but will not wait for 150K. It's positive that you aren't selling right at the bottom, unlike some who capitulate. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FFQ5vJ9waIAEPNW5%3Fformat%3Dpng%26name%3Dsmall&t=665&c=MXaVDU8XyVAHtQ)
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UnDerDoG81
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November 16, 2022, 12:23:44 AM |
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Next time, I am not waiting even for a new ATH, will probably sell a large % portion earlier (if we ever get there-to my undisclosed current sell target). It feels silly to sell at 16K, though, so I don't.
You're going to end up really disappointed if you do that. Well, I already did not sell twice: at 20K in 2017 and 69K in 2021, there would NOT be a 3rd time. Albeit, I also did not 'mindtrust' at $175 in 2015, $3100 in 2018 and $3800 in 2020. Part of it is age...waiting for 10 years makes no sense to me. However, I am not going to sell all...maybe 30-40% or so. Same here and it might very well be a third. Why on Earth would you sell so much without even a new ATH? Are you in desperate need of liquid funds or something? Yes when reading your post I had Mindrust in mind. I almost added "be careful not to do a mindrust" to the end of my post. Just sell what you need in immediate liquidity and keep the rest until we get anywhere close to final state valuation. We are not anywhere close to that. I mean Bitcoin market cap is only 2x ETH. Just that relative valuation should tell you enough already. Just as he says, time is ticking. I bought when I was 32 and now I am 41. I still live the same life as with 32. No luxury, no gold digger chicks, nothing. And then I also wonder wtf is going on with those YouTube morons like “the moon” who got in in 2017 I believe and is a multi millionaire driving Bugattis and shit while I got in in 2013 and still driving an 2007 BMW. I must have done something very wrong lol. Ok I don’t have an eye on luxury. But a decent Porsche is something I earned after 9 years of holding through the wildest swings.
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xhomerx10
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November 16, 2022, 12:28:28 AM Last edit: November 16, 2022, 12:44:22 AM by xhomerx10 |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FRTSCjDC%2F6-DF025-DE-DCE8-4415-88-A7-BACEBC709-DDA.jpg&t=665&c=K2lU2roktHGN9w) Where the dude @ Holbox Island, Quintaroo, Mexico. Pics of the bio-luminescent waters please!! edit: https://www.google.com/maps/@21.5246543,-87.3807082,2a,75y,273.42h,102.27t/data=!3m6!1e1!3m4!1sNRYUyDXeSRRipNyOfkzqtg!2e0!7i13312!8i6656?hl=en-US
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wachtwoord
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November 16, 2022, 12:31:09 AM Merited by JayJuanGee (1) |
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Next time, I am not waiting even for a new ATH, will probably sell a large % portion earlier (if we ever get there-to my undisclosed current sell target). It feels silly to sell at 16K, though, so I don't.
You're going to end up really disappointed if you do that. Well, I already did not sell twice: at 20K in 2017 and 69K in 2021, there would NOT be a 3rd time. Albeit, I also did not 'mindtrust' at $175 in 2015, $3100 in 2018 and $3800 in 2020. Part of it is age...waiting for 10 years makes no sense to me. However, I am not going to sell all...maybe 30-40% or so. Same here and it might very well be a third. Why on Earth would you sell so much without even a new ATH? Are you in desperate need of liquid funds or something? Yes when reading your post I had Mindrust in mind. I almost added "be careful not to do a mindrust" to the end of my post. Just sell what you need in immediate liquidity and keep the rest until we get anywhere close to final state valuation. We are not anywhere close to that. I mean Bitcoin market cap is only 2x ETH. Just that relative valuation should tell you enough already. Just as he says, time is ticking. I bought when I was 32 and now I am 41. I still live the same life as with 32. No luxury, no gold digger chicks, nothing. And then I also wonder wtf is going on with those YouTube morons like “the moon” who got in in 2017 I believe and is a multi millionaire driving Bugattis and shit while I got in in 2013 and still driving an 2007 BMW. I must have done something very wrong lol. Ok I don’t have an eye on luxury. But a decent Porsche is something I earned after 9 years of holding through the wildest swings. If you want to sell some because you want to spend the proceeds now or very soon that is different from selling 30-40% indiscriminately for no real reason (except "price swings are scary"). Again: do as you wish. Just gave my opinion on the matter.
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ChartBuddy
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November 16, 2022, 01:01:16 AM |
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Torque
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Goodbye Mt Gox.
Goodbye Cryptsy.
Goodbye Bitcoin fork wannabes and scammers.
Goodbye Bitconnect.
Goodbye ICOs.
Goodbye NFTs.
Goodbye Terra Luna and UST.
Goodbye FTX.
Goodbye BlockFi.
... keep em' coming.
One by one, let's burn the whole shitcoin and DeFi scam markets to the fkn ground !
The King Daddy still remains, and is still thriving. 🕶
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HI-TEC99
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November 16, 2022, 01:51:59 AM Last edit: November 16, 2022, 02:11:32 AM by HI-TEC99 |
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.. Goodbye FTX.
..
But FTX was different. SBF was a proponent of the “effective altruism” social movement. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FFhomY6-XkAAOYaa%3Fformat%3Djpg%26name%3Dsmall&t=665&c=mhJ2rI97v346ww) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FFhS92z4XoAEsDUD.jpg&t=665&c=UkrQkk5wabKqzw)
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ChartBuddy
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November 16, 2022, 02:01:17 AM |
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Gachapin
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bitcoin retard
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November 16, 2022, 02:18:48 AM |
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Next time, I am not waiting even for a new ATH, will probably sell a large % portion earlier (if we ever get there-to my undisclosed current sell target). It feels silly to sell at 16K, though, so I don't.
You're going to end up really disappointed if you do that. Well, I already did not sell twice: at 20K in 2017 and 69K in 2021, there would NOT be a 3rd time. Albeit, I also did not 'mindtrust' at $175 in 2015, $3100 in 2018 and $3800 in 2020. Part of it is age...waiting for 10 years makes no sense to me. However, I am not going to sell all...maybe 30-40% or so. Same here and it might very well be a third. Why on Earth would you sell so much without even a new ATH? Are you in desperate need of liquid funds or something? Yes when reading your post I had Mindrust in mind. I almost added "be careful not to do a mindrust" to the end of my post. Just sell what you need in immediate liquidity and keep the rest until we get anywhere close to final state valuation. We are not anywhere close to that. I mean Bitcoin market cap is only 2x ETH. Just that relative valuation should tell you enough already. ... those YouTube morons like “the moon” who got in in 2017 I believe and is a multi millionaire driving Bugattis and shit while I got in in 2013 and still driving an 2007 BMW. I must have done something very wrong .... I wouldn't believe any stuff coming from these cRYptO channels. Many of them are pretend rich. And 99% of the few guys that became rich in reality did so because they promoted scams and high leverage trading websites to noobs. So most likely sociopaths who happily help to fleece others for their own benefit... will say... probably you haven't done anything wrong besides not buying enough BTC in the early days. But that's a shortcoming most OGs have in common. I think 2013 Bitcoiners could be called OG nowadays...
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HI-TEC99
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November 16, 2022, 02:22:38 AM |
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...
I wouldn't believe any stuff coming from these cRYptO channels. Many of them are pretend rich.
...
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FFhjMeZiWAAIu2g9%3Fformat%3Djpg%26name%3Dsmall&t=665&c=4vk4G8N59yr0qg)
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Biodom
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November 16, 2022, 02:56:50 AM Last edit: November 16, 2022, 03:31:40 AM by Biodom |
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The King Daddy still remains, and is still thriving. 🕶
yes, true, but, be honest, where is the "alternative financial system" based on bitcoin? It's possible that just sending coins from point A to point B would suffice (and being a putative 'store of value'), but Satoshi envisioned bitcoin banks, if I recall correctly. 13 years have passed, everyone got scars, but there is no "system", would you agree? At this point, i am not sure if it would be possible as many were trying and so far nothing major had happened. Maybe soon ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) . BTW, it is not the fault of bitcoin itself, just human folly and greed (and infatuation with supposedly more 'advanced' shitcoins). Plus, we need a mechanism that explicitly prevents fake bitcoin 'printing'. No entity should be able to say that they have bitcoin if they don't have a "physical one", and if not, then, as someone said here (sorry can't recall the name) it is "stonks 2.0". EDIT: btw, here is an interesting article suggesting that we should increase our bitcoin usage and not only focus on hodling: https://bitcoinmagazine.com/culture/for-bitcoin-to-be-true-digital-cash
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ChartBuddy
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November 16, 2022, 03:01:20 AM |
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Hueristic
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Doomed to see the future and unable to prevent it
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November 16, 2022, 03:44:27 AM |
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The King Daddy still remains, and is still thriving. 🕶
yes, true, but, be honest, where is the "alternative financial system" based on bitcoin? It's possible that just sending coins from point A to point B would suffice (and being a putative 'store of value'), but Satoshi envisioned bitcoin banks, if I recall correctly. His vision was everyone having the power to be their own bank with no-one else being involved, thereby being protected from the scum sucking bankers. 13 years have passed, everyone got scars, but there is no "system", would you agree? At this point, i am not sure if it would be possible as many were trying and so far nothing major had happened. Maybe soon ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) . BTW, it is not the fault of bitcoin itself, just human folly and greed (and infatuation with supposedly more 'advanced' shitcoins). Plus, we need a mechanism that explicitly prevents fake bitcoin 'printing'. No entity should be able to say that they have bitcoin if they don't have a "physical one", and if not, then, as someone said here (sorry can't recall the name) it is "stonks 2.0". EDIT: btw, here is an interesting article suggesting that we should increase our bitcoin usage and not only focus on hodling: https://bitcoinmagazine.com/culture/for-bitcoin-to-be-true-digital-cashBeen saying the bolded since the first "institutional" involvement but always got shouted down because "thats ngu Br0". But of course it isn't, it is exactly as I have been repeating for years and I will once again post the quote. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fkwize.com%2Fpics%2FWarren-Buffett-quote-about-danger-from-The-Essays-of-Warren-Buffett-2a7698.jpg&t=665&c=hzK7c3GMsfNTig) Diluting the 21 million is their ONLY real attack vector and people not keeping their own keys are playing into their hands. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fpreview.redd.it%2F0gwlv5zqw4q01.jpg%3Fwidth%3D479%26auto%3Dwebp%26s%3D6817e94d541e811a6e1cef1bfc6b422beffa7c24&t=665&c=s5xTdBDY_Pvlqw)
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