I had not thought about that video for a while. .. and yeah.. there can be some importance in the matter. Saylor has right around 20x more bitcoin as compared with the time of that video.
I will admit that there is some value in having fun, trying to be creative, and perhaps also making money from such content.. to the extent that some money might have had been generated by that content.
Did it age well? slightly more than 5-ish years later.
Apparently ONLY you and Biodom (perhaps some other stragglers?) agree that there iss even such a thing as "baby bull."
You proclaim here that "baby bulls" aka bull calves do not exist?
Seriously?
Lol
...I kid, I kid
The conflict is unfolding as if it will last a minimum of six months .
Which means 70-90k looks good for next six months
Wow!!!
Even if you were to be correct about consolidation in such a range of $70k to $90k-ish, how could that even be close to a "baby bull"? even if such a thing were to actually exist in reality? rather than your seemingly shared fantasy with Biodom?.. hahahahahaha..
#nohomoPoint of clarification: I suspect that you are saying that you get a "baby bull" out of the deal by having consolidation 6 months (without any major down) and then breaking to the upside, afterwards.
Well looks like Trump wants help.
https://www.yahoo.com/news/articles/trump-threatens-strike-irans-kharg-033005654.htmlSo every country in the middle east is sweating the load.
Thus they fear destruction of hard assets from Iran's missiles and drones.
So wealthy middle easterners will be offloading gold to buy btc.
Why is that?
Watch the bluff on Amazon and see what they did to a treasure chest of gold.
I am not confident to know the extent to which bitcoin will go up, down or sideways from all of this.
I do know that markets like certainty... .. yet it still does not say what bitcoin is going to do relative to other assets, whether hard assets, or commodities or otherwise.
Surely many of us who are mostly in bitcoin have confidence in bitcoin, yet there still can be uncertainties about whether anything in our positions might need to change based on current happenings or short-term projected happenings.
So to JJG pressure to safeguard hard assess by switch to virtual assets means just like you said btc is 1000x better than gold.
Yes.. bitcoin is around 1,000x better than gold or more, yet that still does not make it clear about what might happen in the short term, even though yeah, to get final resolution, there are currently difficulties moving gold in certain parts of the world, like you suggest... yet bitcoin is likely going to continue to be much easier to move around in times like these.
If looks like Trump has hammered ognasty and that his large sale resulting in large tax bill may be a flop.
Actually I am poking the fuck out of both ognasty and jjg
Due to my small stack of btc.
Sure. The problem with a "small stack" is that it can take a long time to build it up... and starting now.. might be a bit of a challenge for some folks, too... but yeah, if we get a lot of value building up in one asset then sometimes there can be value to diversify out of some of it too.. so yeah, it is not always clear what to do, to the extent that we are giving away any specifics..
For myself, if I were to need to (or want to) shave off 0.5% to 15% of my bitcoin right now, I should not have any major problems doing that, yet it can be difficult to know sometimes if certain ways of moving bitcoin around could result in "issues" since I don't consider banks and/or governments to be greatly friendly toward individuals owning bitcoin... so there can sometimes be traps in regard to places to cash out and/or even things to buy with bitcoin, since sometimes the BIGGER ticket item might not be easy to transact in bitcoin, either. even though there might be avenues on some of those, too.
Not splitting it -- too busy, sorry. Just a quick comment.
Saylor -- he buys. Period. He doesn't waste time predicting the next price action using crystal ball voodoo TA or other such dumb shit. He learned thermodynamics and energy conservation at MIT, so he knows his math and science, and that's all he needs. "Buy when you can."
Coiners -- This is fine. Baby (or mother or whatever) bull? Good. Coins are worth more than they did y'day. Baby (or whatever) bear? Good. Stash is big enough to keep us well within our stability levels. Let the thing do its thing. HODL and be patient. Shave off some if you need to. Always have fun while at it. "Sell when you must."
So, yes, stash levels are important. It's usually the no/low-coiners who constantly argue and fight about who's right and who's wrong <-- stop arguing, start buying!