We'll have been working on the 4 years cycle for years but don't you think market structure can have a little bend over the head?
I am not "Oh gawd[ing]" over the existence of the 4-year cycle, but instead the way that OgNasty talks about his own relationship with bitcoin in light of his whatever fantasizing about his supposed plans.
OgNasty is an arrogant fuck who is likely poor as fuck because he admits that he did not figure out that 4 year cycles existed in 2018, yet even if he might have had supposedly learned from that, he still remains arrogant about it.. so yeah, sometimes I am not sure if I am blaming him for his dumbass mistakes prior to 2018 or blaming for his ongoing arrogance since and after 2018.
In either case OgNasty is annoying, and even in some examples, he is even purposefully annoying and in other cases he is annoying with out even trying to be. It is hard to know the difference in regards to which is which, sometimes..
The 4 years cycle is just a model and not a law, anything can happen in the market and the upper walk on price of Bitcoin maybe a smoky ascending order before a clear signal.
I think that there are quite a few of us who have bought into the idea of cycles ever since we have been in bitcoin (including but not limited to yours truly), yet at the same time, some of the ideas of cycles have evolved over the years too.
Perhaps a tension that might exist relates to how we treat our bitcoin investment in light of whether cycles exist or not, and even if we might recognize the existence of bitcoin cycles it has been quite difficult to try to trade on them, and many times an overwhelming majority of bitcoiners have tended to be way better off if they had errored on the side of ongoing accumulation and HODL, at least until they get to a point of having had accumulating enough or more than enough bitcoin, and so it seems problematic to try to trade the cycle, especially for guys who are trying to trade the cycle in order to accumulate more bitcoin, when they have not yet gotten to a point of having enough or more than enough bitcoin.
It can take years and years and years to get to a point of having enough or more than enough bitcoin, and surely it seems that guys who are getting into bitcoin later and later are likely to run into a bit of a problem in regards to bitcoin's price curve becoming less and less steep with the passage of time...and so it may well end up taking way longer to both stack enough bitcoin and to be advantaged by bitcoin's seemingly built in compounding effects.
Even in your case @Mummy OS, you have ONLY been registered here for less than 1.5 years, so I have a hard time imagining any ability to really meaningfully stack bitcoin during that time, and for sure, as I already suggested, I continue to not be a fan of trying to trade bitcoin in order to attempt to expedite the accumulation of bitcoin.
So, hopefully for your own good, you are not going to get sucked into the lure of the 4 year cycle in terms of trying to trade upon it rather than ongoingly, persistently, consistently, regularly and perhaps even aggressively accumulating bitcoin through buying (or earning) only methods.
So the new crash has begun right on cue from Og Nasty
We got as low as 83.3k hours after he predicted the new drop.
Thank god I am diverse and have 100 shares of spacex
My guess is spacex reaches $500 a share way sooner than BTC reaches 128k
Hey JJG am I kidding and poking you for a response?
Or is Og really smarter than most of us?
Well you almost got me overly worked up and wanting to respond about your inclinations to be distracted.. but good thing that I read ahead, this time.
Not to shit on BTC but I am thinking it is a tired asset , well time will tell.
Yes. Ongoingly it seems to be too bad for you to have such a wiffle-waffly relationship with our savior king daddy...and should I even go into your panic around the cold card timing? You are like an ongoing saga.. which perhaps is part of your charm.. whether or not if you are any kind of meaningful representative or the trials and tribulations or real world normie peeps?
And, yeah, your last sentence is annoying, and it largely reflects how you feel on the inside about dee cornz, even though sometimes you try to hide it and other times (when the price is going up) you get so excited that you forget that you have such ongoing feewings about dee cornz.
By the way, ongoingly, I do recognize some of the challenges that exist in regards to bitcoin's ongoing diminishing returns and the fact that so many players (and macro-factors) have ways to keep bitcoin's ball(s) pushed under water for longer than many of us would like to be happening. There has never been any kind of straight-forward path to becoming and even remaining a mostly bitcoin HODLer, even though for sure when we look back retrospectively we can see a lot of advantages for guys who had been historically erroring on the side of accumulating bitcoin and holding, and the trend is likely going to continue into the future even though sometimes it can also be challenging to go through the ongoing drama.. that also sometimes includes wondering how to manage our coins and if we might get cut off from our various ways to spend them.
Huh? I don't get it.
Who died this time?
I looked up
Thurl Arthur Ravenscroft, and he died in 2005.