We don’t hit bottom until JJG & Biodom admit I was right and the four year cycle is real. We aren’t there yet. Maybe if we fall into the 50s? Hard to say.
According to you, You are pretty wonderful.
That doesn’t sound like an admission that I was right and you were wrong or an acknowledgement that the four year cycle is alive and well.
Lower we go!
Admission is not going to happen from me, since I never said that the 4-year cycle was not a thing, since historically I have been a pretty strong advocate of cycle theory and stock to flow, yet as Biodom mentioned, cycle theory is not the ONLY game in town, these days.
In any event, I won't admit that you were right about anything to the extent that we might be able to figure out what you said in any meaningful and committed kind of a way. And, whether I give recognition to your ongoing baloney or not, that has nothing to do with BTC price movements and/or when the bottom might be in.
Ongoingly you seem to be inclined to want to argue with yourself over stupid shit and still try to act like you can see into the future (when it comes to bitcoin price dynamics), and sure maybe you did happen to make trades like you said that you did. I doubt that many guys in these here parts really care about your supposed trades (to the extent that they even believe you about them happening), even if you were to have had made such trades as you claim to have had.
Just because you may have guessed correctly while talking out of both sides of your mouth, I am also not going to agree to say that you are not retarded, emotionally excessive and/or irritating on an ongoing basis, either.
If you were to want to enter into some kind of a mutually agreeable bet with me, then if we were to agree to such bet terms (which might be a bit of a big deal to even be able to achieve, since I can hardly even manage figuring out ways to propose bets with you since you seem to ongoingly speak out of both sides of your mouth, even when you are ongoingly proclaiming to be "the winner" and the rest of us (royal?) are losers because you retroactively frame the positions that we take to be opposite to what is happening so that you are the ONLY one that is correct about whatever might be happening in bitcoin). That is why you are one of the smartest persons (if not the smartest person?) that any of us actually know.
What I am trying to say is that if we were to figure out some bettable item and if you were to end up winning such bet, then you could possibly say that you won such bet. Historically, I cannot recall us entering into any such bet with you, even though you are now wanting to proclaim that you are a winner and also to give some emphasis to traders being superior to investors, based on the potential of some short-term gains that you might have had been able to make, in the event that you had actually traded on such BTC price moves, as you claim to have had... Sure there are some other traders in this thread who are way less annoying than you.
If we to get into discussions of long term plays regarding bitcoin, through your historical behaviors, you have proven yourself as mostly retarded (even though you try to proclaim that you have been "killing it" since your earliest of times in bitcoin, and supposedly you got to where you are in bitcoin through trading, so in that sense you want to ongoingly proclaim that trading is the way to go based on your supposed short term success in recent times (perhaps it could have had been?).
Many guys here, including yours truly, don't trade dee cornz and largely error on the side of investing into bitcoin rather than trying to trade it. Yeah, sure investing in bitcoin can sometimes be frustrating in the short term during BTC price drops, yet many of the investors do not consider trading as a solution to the issue of either bitcoin accumulation or bitcoin portfolio management. Surely I mentioned many times to you that some guys (including yours truly) are no longer in our bitcoin accumulation phase.... even though surely even if some of us are in our maintenance phase we still might buy bitcoin on dips or have other ways of managing our bitcoin holdings that seem like trading but it does not necessarily put us in our bitcoin accumulation phase.
On the other hand, you consider yourself to be in your BTC accumulation phase (even nearly 15 years after you had already been in bitcoin - at least going by your forum registration date) and you ongoingly consider trading to be one of your tools to increase your bitcoin accumulation.. which you have seemed to have had been continuing to make the same mistakes to trade bitcoin rather than invest in it, over and over but hoping for a different result..
To me it seems that bitcoin accumulation is a long game, yet if you have goals that never can be reached then, you will continue to accumulate bitcoin. At the same time, I doubt that your ongoing fucking around with trading can beat various longer term scenarios in regards to historical accumulation, and in one of my earlier posts, I even presented you with a 138 BTC scenario, that between June 2011 and January 2013, you surely should have had been able to accumulate at least that many bitcoin, if you were even close to the baller that you are claiming yourself to be.
In the end, I doubt that you could even beat a scenario of a guy who invested from mid 2011 to early 2013 and accumulated 138 BTC during that time... and sure maybe such guy that could have had been you just investing around $100 per month into bitcoin bitcoin, and averaging around $10 per bitcoin for such costs, so between June 2011 (your forum registration date) and January 2013, there were 20 months, so you could have had easily accumulated more than 200 bitcoin for right around $2k spent over 20 months, so that kind of a budget is not even a BiG BALLER amount of money invested in bitcoin over that 20 month period of time, and I am giving you some room for error and mistakes and to say that you ONLY were able to hang onto 138 BTC of those BTC.
Right now if you were to have a BTC stash of 138 because you had mostly accumulated the bitcoin and held onto them and not fucked around with trading, then if you were to have
138 BTC or more, then you would not have to fuck around trading, since you would be able to have enough bitcoin to have an income of $800k per year (plus a 7% raise every year forever and ever and ever). Wouldn't that be enough of a "passive" income for you?
You want more and more and more?
You want to continue to argue about your ongoingly proven to be wrong (especially in longer terms) dumb trading approach to bitcoin even though historically, you have left all kinds of money on the table from that repeated trading approach bitcoin, most likely due to your trading (selling too much bitcoin too soon approach) rather than employing an investing approach, even though you continually want to tout trading as if it were a better approach to bitcoin portfolio management.
In the end, I would not even want to spend time considering how to enter a bet with you since I consider you to be an increasingly annoying spin-doctor kind of a person, even though you were annoying earlier also.
I do agree that there could have had been possibilities in the past that you could have had won a bet regarding today's BTC price since I would have bet against today's sub $74k prices having had happened .. so for example, I would have had bet against both a dip below $74k and also that so far, we have spent a few days either touching upon or even going below $74k.. so I would have had bet against that if you would have had had enough balls to have had spent time figuring out the bet and entering into such bet on the opposite side.. as you are proclaiming that you would have had been right about something, yet you waffle around quite a bit when it comes to commitment.
Yet, I will concede that if you would have had agreed to enter such a bet with me in October-ish or whenever it was that you were proclaiming yourself to have been some form of Nostradamus, then I might have considered enter into such a bet with you, since I would have had a hard time imagining the BTC price getting down to $74k by this time... .. yet surely a lot of that is hypothetical since you tend to not want to commit yourself to such specifics, and it is not even like I am inclined to want to negotiate specifics with such a seemingly ongoing weasely guy like you...
Does CZ's pardon provide a get out of jail free card for all crimes present and future- or just those committed previously?
Perhaps the pardon deal is a bit more nuanced, something like: "do what we want you to do [with the price] or else..." a la Gary's office visit Wells notice regime?
Seems like that's gotta be it for all of the US coin<->fiat orifices
Pardons can only be issued for prior conduct not future conduct, even though surely the US Govt. and likely Blackrock too.. got its little tentacles into Binance back in 2023 and they likely have been increasingly wanting to get and keep CZ and Binance "in line" in various ways.. so yeah, both CZ and Tether are likely getting themselves in balls deeper than they wished that they would have had been or should have had been.
Good luck on that re-buying, really, but I expect that sooner or later bitcoin will bite all "cyclists" in the ass.
Either it would surge and "cyclists" would be left behind with pennies on a dollar or it could plunge after you or someone else buy at 55K.
Why not? No one knows for sure but the time/space crystal, I suppose.
I know people who made this mistake in previous cycles, liquidated all and they targeted a drop of under $1000. It never came, some regretfully never bought back and others bought back at a major loss in the number of coin in terms of percentage.
HODL is always the best strategy if you are convinced long term. If I had the power to manipulate the market like the institutions, then I would use leverage and trade, but I don't..
You are talking about 2018, 2019, 2020. The crashes into the $3ks were horrible, but surely there were guys who were deadset on bitcoin touching $1k or even going below $2k.
Yet, similar things happened in 2022 and 2023 with guys thinking that the BTC price needed to go down to $10k or $12k.
The bets may end up being quite big.
I remember quite a few stories from early 2017 when guys thought that it was inevitably going below $500, and the lowest it got was around $820.
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