[edited out] .......Hey to those looking to shoot them selves in the head (after reading this) I have a nice 100 year old shot gun you can borrow. those who know this know.
i would like to take a look at that shotgun.
It is not that bad hypebrother. Just figure out your position size and whether you need to change what you have already accumulated or what you plan to accumulate.
Each of us has to figure out the extent to which any of the latest internal drama affects our assessment of the strength of bitcoin's investment thesis.
As you likely realize I have frequently considered that when it comes to bitcoin, the question tends to be how much? rather than whether? And, even with recent current drama, I don't see any need to change the question. Of course, from my perspective, if your investment timeline in regards to bitcoin is shorter than 4 years then you would likely be a trader rather than an investor.
Are you saying that you are ONLY learning something about bitcoin now that you did not know in 2019?
Sure there are frequently regrets about not buying enough bitcoin earlier, and surely when any of us are building our stash, we are (or had been) restricted by how much money we could put together to ongoingly buy bitcoin and/or to stack sufficiently to our knowledge.. so there is always going to be a bit of the dilemma regarding how much to stack based on our just recently coming to know (or figure out) the strength of bitcoin's investment thesis.
The same is likely true today, when there are so many people who are just coming to know bitcoin, but they still choose to either not invest or to take a very whimpy approach to bitcoin accumulation based on presumption (or hope) that the BTC price might drop, yet there is no guarantee that bitcoin's price will drop from our current price ever into the future, so there seems to be a bit of a necessity for anyone who is a no coiner or a low coiner to stack as much bitcoin as he can do now rather than employing a waiting strategy.. and yeah, you notice that I included low coiners. There are a lot of folks who have been in bitcoin for a long time and still are low coiners, yet they don't know what to do about it (or at least they continue top fail/refuse to recognize that is it remains in their interest to stack bitcoin as aggressively rather than to wait for dips that may or may not end up happening).
I also had my regrets not buying bitcoin back in 2020, but I must say it was due to ignorance back then, but I didn’t allow that to be a challenge for me starting the following year 2021, I previously thought I’m suppose to learn everything about bitcoin before getting started and that was also a factor wasting my time, but unfortunately for me it was quite time wasting while trying to learn everything in 2020, but I realized I couldn’t learn everything at once and it’s better I get started, I think waiting for bitcoin price to drop before investing that is a very lackadaisical move, for me as a pleb buying Bitcoin consistently on a regular basis is the priority always try to buy more bitcoin and stack up bitcoin as much as possible as I can and being more aggressive with stacking bitcoin, instead of waiting for an unprecedented dip or drop in price.
That means that you largely started getting serious about bitcoin and stacking in 2021? That wouldn't be bad since you would have a whole cycle of stacking.. and sure, there still might not have had been enough time to really get enough bitcoin. For an overwhelming majority of normal people, it can take a long time to stack a decently-sized bitcoin stash, even once any of us might decide that we are going to be serious about such bitcoin stacking.
It seems to me that an overwhelming majority of normal people are not really able to stack from other investments (since they don't tend to have liquid asset investments at their disposal), so most normal people tend to be stuck in a situation in which they have to decide how much of their regular income (or extra cashflow and/or discretionary income), they are going to be able to put into bitcoin on a weekly-ish basis (or whatever the timeframe for the incremental injections of cash).
Surely there continue to be new folks coming to bitcoin, so anyone who has four years of stacking under their belt are going to be in a much better position as compared with those sho are just getting started now... yet each of us has to start somewhere, so i am not purposefully trying to denigrate anyone who is just getting started merely based on the fact that they are just getting started... sometimes we figure things out when we do.. and we cannot go back into the past.. so we have to start from now.
I have frequently brought up an example of a friend of mine who had gotten started in around mid-2021, and I had recommended such friend to start with $100 per week, even though I am pretty sure that such friend could have had invested with even more, and my friend started with ONLY around $50 per week and I think that my friend ended up selling most if not all of the accumulated bitcoin in around mid 2023.. so yeah, there are a lot of ways that normies can screw up, even if they start out with some potentially correct ideas of accumulating bitcoin. If my friend had stuck with $100 per week then maybe by now he would have had invested around $23k and would have had accumulated about 0.6 BTC.. which surely would be a great place to be right now...even though maybe another cycle or two might still be necessary, the base of the investment into bitcoin could have had been started with around 1 cycle under the belt.
Lol of course I support Luke in this. Anyone that understands bitcoin would and should. Luke saved the bacon in the blockchain wars too.
His other crazy takes outside of bitcoin don't affect he's always right when it comes to bitcoin.
You haven't learned the basic lesson of Bitcoin then. Again you are worshiping people and creating another "Jesus". I guess you are interested in participating in the CSAM review committee too?
No I'm not I said someone is correct about something. Meanwhile you were using ad hominems to "win" your point claiming someone is defacto wrong simply for being on the same side of the argument as Luke.
You are suffering from projection sir.
I would say WE are the ones suffering from his projection, but otherwise, yes.
"We" only suffer if "we" let it bother us, and surely I am having some difficulties with the supposed distinction between consensus changes and policy changes which I gather if the change is so minor and immaterial, then there is no need to go through a process of approving the change, it can just go in willy nilly and without review..
Yet if the change is more substantial, then it would need to go through consensus approval.. ... so Core seems to be hinging part of their flippantness about the whole matter to relate to the change being so insignificant as to not matter, so then there comes a question regarding threshold.. ..
I can see like spelling changes or something like that.. and in this case there is a change in the way the default product supposedly works, yet the original way it works can just be toggled back in, even with version 30.. I don't claim to really get it, at least not yet. maybe it will sink in with the passage of time..
and by the way, in
that little video debate that fillippone attached a page or two back, I did think that what the core dev side was saying made more sense than what the knots side folks were saying, yet Peter Todd and Jameson Lopp were still seeming to be too dismissive in regards to the concerns of the knots side and in several of the things that they were saying in support of core v. 30..... so still a bit difficult to get a resolution of the matter by listening (watching) the two sides engage in their own various
ad hominems.
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