Protip: Some of you guys just need to up your mousie game (also known as baby ratt).
i have a RAT 5 mouse from like a decade ago thats still going. close enough?
That's sick. Want it.
Who can beat a mouse/ratt that lasts for a decade?
[edited out]
yup thats it. mine is black.
if i can clean out all the bits of weed and crusty ramen noodles/dried drool and such maybe ill post a pic lol
The unedited "in the wild" version sounds more interesting.
Bitcoin down $6000.
Back to bearish sentiment.
Bearish sentiment seems a bit much.
New ATH after U.S elections.
I hope that we won't have to wait that long.
Any OG bitcoiner here who didn't see the Bitcoin Conference 2024 Trump pump-and-dump coming from a mile a way should have your head examined by now.
Any short-lived hype or FOMO "news" is exactly that... short-lived. Always has been, always will be.
Only three mechanisms rule Bitcoin's true price discovery/stabilization anymore:
1. Mining hashrate
2. 200-day moving average
3. Having effects (usually front-ran)
(4. And the float, definitely a factor, but ill-measurable)
All others are short term PnD bullshit.
What about exponential s-curve adoption based on Metcalfe / network principles (like those
outlined by Trace Mayer)? I know that your #1 mining hashrate kind of touches upon the matter - but Mayer had outlined 7 different network effects that surely seem to continue ot be building in bitcoin.
Starting to believe that this is not the place for me anymore.
Even off-topics are not fun anymore.
WO turned into a cult with people what they want to hear.
Initial years where great thought.
Interesting way to do a rage quit.
I doubt that anyone is against you or any of your ideas, yet surely you are free to post what you like, even if guys argue against what you post.
One of the problems could be if some of your posts might come off as talking your book or disingenuine, and yeah, I remember some battles during the pandemic days involving you. That off-topicness was not really fun for any of us. You do what you want, and by the way, there is no need for anyone to welcome you or agree with you for you to post whatever you like and for you to back up your posts or not.
I understand that topics might become boring, so it is possible that you have outgrown "us". or grew away from the thread.. not that there is any exact "us" here anyhow... so it might be you rather than the thread.
Historically, I do recall a lot more trolling on the thread, so sometimes trolling can make a thread more exciting.... but you don't seem to be talking about lack of trolls.
Ultimately it is your choice whether to participate and how...
Another thing is perhaps: Make the change you want to see... or is it be the change you want to see.
[edited out]
All things considered, feels pretty good being "ignored", guess I'm not a virgin anymore.
Regarding reasons for dump, it seems like the bulk of the MtGox selling is over, which feels positive.
I sometimes forget this thread is more about Bitcoin promotion and holding rather than "Wall Observer BTC/USD", so when finally sitting on some useful information, didn't even realize it was adding to the FUD when sharing it (assuming that's the reason for the "ignore" part). Will try to remember this going forward.
Say what you like. Who cares?
It does not matter if the rest of us agree with your perspective or not.. ..
Of course, if you are just trolling, then that's another story, you are likely to get backlash, but even if you were a troll, the trolls usually also get away with a certain amount of posting non-substantive and meaningless nonsense. That does not seem like your historical posts.
I don't make stock calls often, actually only about 4 that I can remember but I'm batting 1000%.
Buy Tesla on IPO
Buy Ford when it dropped below 1 dollar and they refused the Gov bailout
Buy Amd when it went below 1 dollar
Short Intel July 15th.
It takes a man to admit when they were wrong, have a merit.
Wow, that's better than 99% of investors, for sure.
Compare it with my stats:
Bought TSLA after it declined after the IPO, sold few mo later...decided that the story would take too long to fruition...duh!
Bought AAPL in 1997, sold it in 2000 after making 10X
Never bought NVDA
Biggest wins apart from bitcoin were in small biotechs (3x, 5X, even 10X)
Bought bitcoin, though, and still holding...
Perhaps, you don't need many mega-wins and just ONE could be sufficient..at least this is my hope.
But what is your bitcoin buying story.
One version I heard is bought 20 bitcoins in 2015 and then now sitting on them ever since waiting for them to go up to $10 million each. there were a few variations of it.
I told my story close to a zillion times, so I doubt anyone wants to hear my reiteration of it again... even though some variation of my story is in
my bitcoin investment ideas thread.
Check out this interview of VanEck’s CEO talking about Bitcoin being worth $350K on the way to 2.9 million dollars per BTC… Could those be the tops in 2025 and 2029? It seems like that’s the picture that is being painted and the big boys are buying into. BTC being worth millions in 5 years is certainly an exciting prospect. It would be a difficult hodl.
https://x.com/bitcoinmagazine/status/1819118012059804080$350k is ONLY around 5.5x from here and so $2.9 million is only right around 8.3x higher than $350k..
And so $2.9 million is ONLY right around 45x from here.
Those do not sound like outrageous numbers - especially if you were to presume that bitcoin still does not have very large levels of adoption at any level, even though there are enthusiastic individuals, institutions and governments, as opposed to few institutions, governements and/or rich/well known individuals were so outwardly positive about bitcoin prior to Saylor getting in and really pushing the case.
Sure there were always some vocal folks in bitcoin, but it never really got traction prior to Saylor's involvement - not that Saylor deserves credit for some dynamics that were likely going to happen whether he got involved in bitcoin and shouted from the rooftops or not.
