Apr 14 2021-btc local high of 64863-peak optimism (better than later in Nov 2021 with a nominal peak slightly higher).
Feb 17 20252026, almost four five full years later, btc is almost at the same spot-67500.
Yes, i picked a local peak and maybe a local bottom, so what?
First, of all
FTFY.
Second of all, such BTC price dynamics are not a "so what."
It's a "what," and it is also: "I'm a whiner."
Think about the 200-WMA. Do you think that the 200-WMA has any meaning in regards to how "we" are currently fewing?
Let's take a look at such 200-WMA on each of the respective dates:
Apr 14 2021 - $11,170Feb 17 2026 - $58,229That is a 5.2x difference (towards the UPpity, of course). Meaningful, no?
Many of us who have been involved with dee cornz for a decent amount of time (perhaps greater than a cycle or a cycle and a half) likely recognize that BTC spot prices tend to go all over the place (including places that "we" might prefer them not to go)... so if we want to maintain some level of sanity, we need to try not to get overly distracted by such great variance in the BTC spot price (and become overly judgmental about it). Perhaps great levels of volatility are almost in the territory of inevitable (even though we cannot necessarily know the direction of the great levels of BTC spot price volatility).
Personally, I think that the 200-WMA holds some significance and some gravitation in regards to attempting to measure bitcoin value and even to use such measurements in regards to our own action choices (do we act or not and how do we "feel" psychologically and/or financially whether "we" might consider ourselves to be in our BTC accumulation stage, maintenance stage and/or in our liquidation (sustainable withdrawal) stage.. .and yeah, the stages might not be exactly strict, either..
Are you going to tell me that the 200-WMA does not count and it has no significance in regards to bitcoin's growth (whether price, network effects or otherwise) in the past nearly 5 years?
Perhaps this indicates bitcoin volatility or overall inability of the populace to grasp it's advantages, which is not logical to me.
Or, maybe people don't want bitcoin since they've got all other shiny toys: 7 fab stocks (not at the moment, though), pump in PM, etc.
All I know is there is nowhere to protect your earned money long term, and it's just sad.
Have you heard of bitcoin? It has been a great place to store value, at least so far, and for guys who have longer term timelines.
Remember our recovery since March 2020?
We did not even have to buy in March 2020 (as long as we did not sell), and surely the guys (even mindrust) who had been mostly accumulating bitcoin prior to March 2020 and perhaps even those guys accumulating bitcoin through the end of 2020 (of course mindrust knocked himself out of that grouping) they likely could have had gotten an average cost per coin that was around $10k or even quite a bit below $10k, even though surely I recognize and appreciate that even someone who was gung-ho about bitcoin from January 2016 to December 2020 (4 years), he might still have had challenges accumulating very much BTC if he was ONLY ready, willing and/or able to invest in the ballpark of $30 per week or less, yet it would still been around 4.4 BTC, and a guy investing $100 per week during that time would have had been close to being set for life with around 14.65 BTC accumulated.
There is nothing even really close to beating that (especially if we are talking about assets open to everyone and everyone as long as they had discretionary funds that they could put into bitcoin and stash away for 4-10 years or longer... in the example I gave, 4 years of accumulating and then 6 years of waiting.. .Still not bad, and perhaps even better for the guys who continued to accumulate from January 2021 until now (to supplement their 4 years of accumulating BTC between 2016 and 2020).
Sometimes, i think that the world just become unbalanced-just look at all of the CT and Youtube bruhaha.
I don't know what CT is, but I know that you are a fuddy duddy.
Oh perhaps you are referring to (CT) = Cryptotourist? that little attention seeking troll wannabe insignificant twat?
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