Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3291. (Read 26716434 times)

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
LTC just got dumped from some exchanges due to the privacy issue.  BTC doesn't have this issue.

If anyone wonders why I quoted Tyler Winklevoss’ vocal support for Zcash when it was hit with a stupid FUD-delisting from Bittrex, or why I point here and in other threads to what Adam Back has said about fungibility:  This is why.

The above-quoted statement is mere FUD, without details.  No time to add details.

We need to get strong privacy in BTC, ASAP.  Those who are thoughtless and shortsighted don’t see how this has been a war of precedents from the start; and they lack any perspective on the big picture, long-term view.

Bitcoin set a bad precedent, just because the needed technology had not yet been developed.  Satoshi himself was interested in ways to make transactions unlinkable and untraceable, but he didn’t know how.  Now, the burden of fixing this problem has fallen on altcoins.

Some excellent precedents have been set for privacy.  Besides privacy coins, I don’t think that any exchange will dare to target Ethereum with a FUD-delisting over Tornado.Cash and Aztec Protocol, which provide much stronger privacy than LTC.  But someday, strong privacy needs to come home to Bitcoin—preferably before BTC fungibility gets so wrecked that it causes irreparable economic damage in Bitcoin.  Lack of fungibility destroys confidence in a currency; that is an old and timeless monetary principle, which BTC defies at its peril.

Since you are so passionate about fixing (whining about) this supposed defect.. you better fucking get to working on it...


#justsaying.

No revolution in all of history ever resulted from the people rising of their own accord.

I think i understand this as a personal fight for a freedom amd not collective one could give a rising, the so called manipulators will never gibe room for rising on every individual, but he that finds that opportunity for an escape through bitcoin is free indeed, this is what the government and the so called economy manipulators feast on, our wealth, profits interests, rights, and strength, that's why freedom isn't given but taken, soon bitcoin will rise to end their feast on us but only those that take courage in rising together with it will have the benefits thereof.

I don't really disagree with what you seem to be saying 348Judah - even though you seem to be suggesting more necessity to coordinate than bitcoin requires.

In other words, it seems to me that bitcoin provides a vehicle for the masses to rise against the powers that be, but no central coordination is necessary at all, so in some regards, bitcoin ends up facilitating the ability to have a kind of silent revolution/uprising because it just creates a system from which an overwhelming majority of the masses will be able to benefit.... from a kind of creation of more fair systems of monetary incentives.. and sure it is quite likely that various kinds of injustices will continue , while at the same time, certain kinds of injustices will be lessened too.. especially the ever-existing practice in which prior systems had unfair designs in terms of distribution of value to already rich (sort of like the perpetuation of proof of stake systems). 

It is true that bitcoin is likely going to provide way more value (distribution of wealth) to folks who get in early and stack bitcoin aggressively - however, at the same time, the seemingly ongoing ruthlessness of bitcoin price corrections have historically allowed normie newbies to jump on board, and so it is not always easy to appreciate bitcoin's ongoing brutal price corrections as "opportunities" for normies to jump on board (or to more aggressively increase their BTC stash), and it seems to me that there are likely to continue to be these kinds of brutal correction opportunities in the future too... for those who are ready, willing and able to recognize such... and in the end, it does not really matter if you are rich, poor or otherwise, taking some reasonable stake in bitcoin continues to have great potential, especially for those normie peeps who do not get too greedy and gamble too much with their investment into bitcoin.. which is ok. to be aggressive.. but surely there are lines in terms of aggressiveness turning into gambling which is not likely to end as well as a kind of prudent and reasonable aggressiveness.


By the way... a bit of a change of topic... but not too much of a change.


I understand how normies can get sucked into gambling and denying that they are engaging in gambling. I will admit that even I gamble a little bit with the positions that I take in bitcoin, but I really do not go for those interest bearing products.. even though I did have a few accounts in which I did earn some interest (if any one remembers in 2016 or so (or was it 2017?) Bitfinex was offering products that earned interest (the loaning of bitcoin to other members and the rates were dependent upon the bids on the other side.. and I put some of my bitcoin in there for a while (and they received various rates and they also had varying durations - including that the borrower could close at any time, but until they closed the order, your bitcoins were locked up. including that there was already a maximum length of time built in).. and got my BTC out of that system at a certain point, too.. and I am saying that I understand the temptation to earn interest, yield, dividend or whatever you want to call it on your bitcoins). 

So sometimes people get into some kind of easy situation to earn interest, and the platform looks legitimate and licensed. .and is paying reasonable dividends of 3% to 8% or something not too outrageous, and even though they are not really telling you exactly how they are earning that interest by using your coins, but then later we find out that they had been lending them out to more shady organizations, but from the customer point of view, there is a kind of denial that they could be scammed by an official looking kind of an organization (whether Voyager, Celsius, Blockfi or one of the others.. they all kind of seem legit to a layperson normie).. 

I have a friend who I continued to say for a couple of years to NOT be using that service and do not be referring other people to use that service order to get your referral fee. if it is $30 or $50 or whatever.. (worth of bitcoin?  I don't know).  As the red flags come up, I continue to warn, and I continue to say it is looking worse and worse and worse, and for some reason the person wants to keep their money in that system.. At some point, I am not even sure how much it is and there begins to be a bit of radio silence.. but I did my part, no?  I continued to warn to get your money off of of that exchange/service.. but then at some point the account gets locked.. so then they are .left to find out later if they are going to get their BTC back.. how many?  I don't know.. was it 10% 50% 100% of the stash?  I don't know.. I warned and warned and warned but mostly radio silence.. I still feel badly but people can be innocently stubborn and seemingly wanting to get reckt but deep down inside, they really do not want to get reckt... even though they end up getting recked all the same (or at least whatever is held in that location is currently locked up). 
legendary
Activity: 1652
Merit: 1265
Our insane prime minister Boris Johnson will be out I reckon.

Rishi Sunak, The Chancellor of the Exchequer and Health Secretary Sajid Javid have quit the cabinet.


My Putin v the western leaders score card:

[ x ] Boris Johnson
[ ] Grandpa Joe Biden
[ ] Emmanuel Macron                 v.                   [ ] Vladimir Putin
[ ] Olaf Scholz
[ ] Mark Rutte
[ ] Volodymyr Zelenskyy

An X will mark executed from power. The last one standing without an X wins and gets the chocolate factory


Maybe Johnson can get a job as loser deputy prime minister of Ukraine!

Headline I just read "Can Ukraine still win the war?"  Cheesy Totally deluded.

Frankly, I couldn't believe when the brits voted for Brexit. I was hoping they're smart enough to not buy that Boris's shit. Man I was wrong.   Cool

I was happy with the free travel / potential free move from the UK to western European countries but especially the political layer that it introduced and was getting bigger and bigger and bigger and less democratic; no thanks.
Bizarre how Ursula Von Der Leyen can even attend G7 meetings. It seems wrong to me. The only one on the ballot as far as I remember as EU leader. Not democratic.
With the economic downturn on the horizon I doubt many citizens across the EU will want more EU and more fiscal integration.

But who knows. Many will see it as the exact opportunity to grab more power.

As a European I have the feeling we don't really have a say in European level politics.
Local politicians are capitulating to Brussels, basically voiding voters and getting themselves a juicy tax deducted job.

IMO the brexit has also been made too look very messy to stop others follow suit.
Boris Johnson isn't the guy for the job when it comes to economic recovery.
I however do believe that the UK will be very happy with their regained sovereignty after going down the shitter...
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
I was happy with the free travel / potential free move from the UK to western European countries but especially the political layer that it introduced and was getting bigger and bigger and bigger and less democratic; no thanks.
Bizarre how Ursula Von Der Leyen can even attend G7 meetings. It seems wrong to me. The only one on the ballot as far as I remember as EU leader. Not democratic.
With the economic downturn on the horizon I doubt many citizens across the EU will want more EU and more fiscal integration.

Absolutely. The EU could have been kept intact if the calls of those calling to apply the brakes had been heeded (or, for preference, a return to more of an ECC style organization) but nope, they had to keep on pushing for a Eurostate no matter the cost and the cost turned out to be that the Brits wanted out.

I have to wonder what happened to Boris though. He was always a bit of a nutter, sure (though many claim that was/is largely an act) but he seemed to get stopped in his tracks somehow and now is just another authoritarian politician.
legendary
Activity: 1078
Merit: 1441
https://www.youtube.com/watch?v=NIs9IbrlPZo

Quote
Peter Schiff's bank being shut down by regulators in Puerto Rico, and the irony of this happening to someone who is so anti-Bitcoin.

As Satoshi pointed out, Bitcoin allows us not to have to trust banks anymore.

I'm enjoying this guys vids lately.


More links for your reading pleasure. Cheesy

Quote
Peter Schiff’s bank closure strengthens Bitcoin case for financial freedom
https://cointelegraph.com/news/peter-schiff-s-bank-closure-strengthens-bitcoin-case-for-financial-freedom

Quote
Peter Schiff trying to save Puerto Rico bank under probe
https://www.washingtonpost.com/business/peter-schiff-trying-to-save-puerto-rico-bank-under-probe/2022/07/01/05923e56-f950-11ec-81db-ac07a394a86b_story.html

Quote
Peter Schiff's Euro Pacific Bank Suspended by Puerto Rico's Regulator — Schiff Insists No Evidence of Crime
https://news.bitcoin.com/peter-schiffs-euro-pacific-bank-suspended-by-puerto-ricos-regulator-schiff-insists-no-evidence-of-crime/

This whole situation is funny AF
hero member
Activity: 938
Merit: 1891
bitcoin retard
Wow comparing the USA with Brazil to find an outlier that fits your narrative.

Well let's see if New Yorks forced relaxation of the gun control is going to bring down gun crimes...

If you consider the truth a narrative, then you would be correct; your belief in it is irrelevant.

I compared nothing, I stated examples showing the high amount of defensive uses of firearms. These numbers would then be compared to the number of "mass shootings", showing your line of thinking is incorrect. Words matter, use them appropriately.

This would be another comparison:
EU
"More than one in four Europeans were victims of harassment and 22 million were physically attacked in one year. But crime victims typically do not report their experiences. They often have difficulties accessing their rights and may feel voiceless. These are the results of the first-ever EU-wide survey on the general population’s experience of crime"
"Nearly one in 10 people in the EU (9 %) experienced violence within five years of the survey"
Only a third (30 %) of victims report their physical attack and a tenth (11 %) their incident of harassment to the police"
https://fra.europa.eu/en/news/2021/violence-and-harassment-across-europe-much-higher-official-records

USA
"From 2019 to 2020, the NCVS rate of violent crime reported to police decreased from 8.6 to 6.6 per 1,000 persons age 12 or older (down 23%), while the UCR SRS violent crime rate increased marginally from 3.8 per 1,000 persons in 2019 to 4.0 per 1,000 in 2020."
https://bjs.ojp.gov/library/publications/nations-two-crime-measures-2011-2020

EU - 9%
USA - 0.4% (or 0.66% if you prefer). Obviously all those 300,000,000+ guns owned by law abiding citizens are causing widespread mayhem not seen elsewhere in the world  Roll Eyes




Heathdata.org

Without guns I think you'd just take a knife or something else, if you wanna kill someone.  I guess only a very few killers give up their plan, because they cannot use a gun.. Roll Eyes
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
legendary
Activity: 1078
Merit: 1441
Our insane prime minister Boris Johnson will be out I reckon.

Rishi Sunak, The Chancellor of the Exchequer and Health Secretary Sajid Javid have quit the cabinet.


My Putin v the western leaders score card:

[ x ] Boris Johnson
[ ] Grandpa Joe Biden
[ ] Emmanuel Macron                 v.                   [ ] Vladimir Putin
[ ] Olaf Scholz
[ ] Mark Rutte
[ ] Volodymyr Zelenskyy

An X will mark executed from power. The last one standing without an X wins and gets the chocolate factory


Maybe Johnson can get a job as loser deputy prime minister of Ukraine!

Headline I just read "Can Ukraine still win the war?"  Cheesy Totally deluded.

Frankly, I couldn't believe when the brits voted for Brexit. I was hoping they're smart enough to not buy that Boris's shit. Man I was wrong.   Cool


LMAO.... you have got to be kidding.

No thank you, I have zero interest in being tied to the fucking EU!!! lol, what the bankrupt, inept, failed E.U? with all of its waffle? noooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo thanks. Far better off without, without a doubt, get as far away as possible. LMAO, the EURO is one of the fastest , failing, inflating pieces of turd going, run by a baffling wall of bureaucracy and inept bunch of faceless, unelected numpties, that at this stage I would almost rather be integrated in a state with Syria.


LOL. You do realise that , now that the UK has left the EU that there is ONE solvent country remaining in the "union"? right ? ie Germany.


Rarely have I found a person with actual "skin in the game" that has thought that the EU is a good idea. It was a union but in name, and was not, in any way a "union" for the people. Nope, it was a trade club, and us resident were not members of the club. LOL, if it were a "union" an actual "union" then a restaurant owner in London, should have been able to drive over to France, and load up on Wine, and Cheese, and drive it back home, tax free, and sell the wine and cheese in their restaurant in the UK.. was that how it worked? FUCK NO!  NONE of the E.U trade agreements were anything to do with average joes and shmoes like us. NONE OF IT. Ask the average BUSINESS OWNERS, in the UK and they are happy, even those that initially were not (who mostly were just pissed they had to make effort to move onto something new) and they know the realities... sure, there may be some teething issues to overcome for a good few years...

ALSO, it was a TRADE AGREEMENT, and nothing more.


In any way that matters , and, in REALITY, UK, is still, in "Europe" , we are just not in that diabolical trade agreement that was known as the EU.....


The shitty, pointless, useless, inept, failing EU TRADE AGREEMENT.


Thank you, but no thank you.


The Euro, is , one of the most , embarrassing, shittiest of fiat currencies... I mean, look at how spectacularly fast they have run that piece of confetti dogshit into the ground... record time.


The rest of Europe is going to wake up to the utter shitty scammy incarnation that the EU TRADE AGREEMENT is.... in many of the key countries, already the people are well and truly disillusioned with the obviously failing experiment ... the countries that like it the most, are countries that are benefiting financially the most.  
 
I wonder how many other EU nations, are going to follow suit with the absolute fucking nonsense that the Dutch government are trying to pull with the farmers there? or say taxing people per mile?


TBH, unfortunately , the rot, runs so deep, that the UK will likely follow on with some of these retarded, backward, policies too.

(ps, my entire family are Europeans, that live in actual mainland Europe)


legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!
So when I logged in this morning and saw the "head-fake" I was about to post... most likely breaks down now.  But it was too close to a work meeting.  "Now how do you like me?", said Bitcoin. Once again.



By the way... this is a symmetrical triangle still trying to break out on the daily.  But the fact we are to the nose of it... usually the break outs (in either direction) are strong.  We will see?



Forming a pretty dragonfly doji too!
legendary
Activity: 2282
Merit: 2057
A Bitcoiner chooses. A slave obeys.

By the way, I still believe that any of us have the potentiality to mindrust, and surely any of us should hope that if we do end up mindrusting, it would be some relatively small portion (less than 33% perhaps?) of the BTC stash - rather than 100%.. but of course, any panic might cause us to develop way more confidence in the wrong direction than the situation merits.... so for sure, there is frequently some kind of mindrust inclinations in each of us.. even if we believe we have our finances and psychology sufficiently hedged/balanced.

I think Mindrust mindrusted us all into not-mindrusting. After seeing what happened to Mindrust, I am never going to mindrust again. Even if the feeling of mindrusting comes back during a scary dip. Tongue

Quote
It seems like we receive various kinds of vague statements from several of these companies that largely seem to come after the public has already found out that they are "in trouble."

So one of the patterns seems to be that the company will amorphously report the matter, while creating the impression that everything is fine, and with the passage of time, we end up finding out more and more and more that everything is quite "far from fine."

Sometimes it appears that the company is really fucked, but they are potentially going to be able to prevent their customers from losing funds, but surely other times it becomes quite clear that the situation is much further gone, and beyond any kind of recovery because they don't even ha enough funds to cover the customers, either.  I would imagine that the ones being assessed by FTX or even by other possibly sufficiently capitalized companies are not going to buy the company unless there is at least enough capital to cover a vast majority of the client/customer deposits, and that can take a bit of time to figure out how bad is bad.
Another amazingly accurate case of what happens when "not your keys, not your coins" is disregarded. I would not be surprised if they just tell everyone "sorry, we're bankrupt. Or maybe they will forego telling everyone how screwed they are and keep denying reality like Luna Terra. "Keep believing in us, because [insert PR slogan]. Good luck with your future endeavors and remember, its not our fault."
 



Quote
If you were to know how to provide a proper link, I might be more inclined to send you a proper smerit.. for posts like this... but I cannot bring my lil selfie to click on that "send" button.

I can't
I can't
I can't

 Tongue Tongue Tongue

https://twitter.com/VictorOkoeguale/status/1540255343476875266
legendary
Activity: 3836
Merit: 4969
Doomed to see the future and unable to prevent it
https://www.youtube.com/watch?v=NIs9IbrlPZo

Quote
Peter Schiff's bank being shut down by regulators in Puerto Rico, and the irony of this happening to someone who is so anti-Bitcoin.

As Satoshi pointed out, Bitcoin allows us not to have to trust banks anymore.

I'm enjoying this guys vids lately.


More links for your reading pleasure. Cheesy

Quote
Peter Schiff’s bank closure strengthens Bitcoin case for financial freedom
https://cointelegraph.com/news/peter-schiff-s-bank-closure-strengthens-bitcoin-case-for-financial-freedom

Quote
Peter Schiff trying to save Puerto Rico bank under probe
https://www.washingtonpost.com/business/peter-schiff-trying-to-save-puerto-rico-bank-under-probe/2022/07/01/05923e56-f950-11ec-81db-ac07a394a86b_story.html

Quote
Peter Schiff's Euro Pacific Bank Suspended by Puerto Rico's Regulator — Schiff Insists No Evidence of Crime
https://news.bitcoin.com/peter-schiffs-euro-pacific-bank-suspended-by-puerto-ricos-regulator-schiff-insists-no-evidence-of-crime/
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
Our insane prime minister Boris Johnson will be out I reckon.

Rishi Sunak, The Chancellor of the Exchequer and Health Secretary Sajid Javid have quit the cabinet.


My Putin v the western leaders score card:

[ x ] Boris Johnson
[ ] Grandpa Joe Biden
[ ] Emmanuel Macron                 v.                   [ ] Vladimir Putin
[ ] Olaf Scholz
[ ] Mark Rutte
[ ] Volodymyr Zelenskyy

An X will mark executed from power. The last one standing without an X wins and gets the chocolate factory


Maybe Johnson can get a job as loser deputy prime minister of Ukraine!

Headline I just read "Can Ukraine still win the war?"  Cheesy Totally deluded.

Frankly, I couldn't believe when the brits voted for Brexit. I was hoping they're smart enough to not buy that Boris's shit. Man I was wrong.   Cool

I was happy with the free travel / potential free move from the UK to western European countries but especially the political layer that it introduced and was getting bigger and bigger and bigger and less democratic; no thanks.
Bizarre how Ursula Von Der Leyen can even attend G7 meetings. It seems wrong to me. The only one on the ballot as far as I remember as EU leader. Not democratic.
With the economic downturn on the horizon I doubt many citizens across the EU will want more EU and more fiscal integration.

But who knows. Many will see it as the exact opportunity to grab more power.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!


Think Positive.
That will be Progressive
Be Smart

Haha that's me in 2018.  Grin

We all have our price.  Tis' a personal thing... like shoes or headphones, or bumpstocks.
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!

Let's name a few

- restrict the insane from buying
- restrict criminals from buying
- proper storage of weapons in the home
- gun registration
- no open or concealed carry for assault rifles
- ban on high capacity magazines
- ban on full-auto firing
Etc.
Etc.


My dick is big, but... bwah.

(couldn't help it.  That's IT dammit.  I promise)
legendary
Activity: 2492
Merit: 1230
Privacy Servers. Since 2009.
Our insane prime minister Boris Johnson will be out I reckon.

Rishi Sunak, The Chancellor of the Exchequer and Health Secretary Sajid Javid have quit the cabinet.


My Putin v the western leaders score card:

[ x ] Boris Johnson
[ ] Grandpa Joe Biden
[ ] Emmanuel Macron                 v.                   [ ] Vladimir Putin
[ ] Olaf Scholz
[ ] Mark Rutte
[ ] Volodymyr Zelenskyy

An X will mark executed from power. The last one standing without an X wins and gets the chocolate factory


Maybe Johnson can get a job as loser deputy prime minister of Ukraine!

Headline I just read "Can Ukraine still win the war?"  Cheesy Totally deluded.

Frankly, I couldn't believe when the brits voted for Brexit. I was hoping they're smart enough to not buy that Boris's shit. Man I was wrong.   Cool
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Damn bear markets are long & boring. The only positive is these are the times that anybody with a brain lays the foundations for massive future success & wealth by buying. It’s quite surreal isn’t it, the way that most of us think compared to the average pleb in life. In a raging bull market lots of us are selling, confirming a comfortable life for us & our families, putting cash aside to buy back at a big discount when the bear market comes.
So many idiots buy during the bullish times & sell during times like this. It must be part of the brain where we are wired differently, our way of thinking. What kind of a moron is selling at these prices? Seemingly quite a lot judging by the price. Some people are just ngmi.

Any way, looking forward to 2024 & 2025, all the memes & happiness in this thread. {insert Ghana’s dancing pallbearer's gif).

Keep buying brothers of the wall. I do not want to see any mindrusting here, that’s an order!

I like the spirit, but timing is an issue re "in a raging bull market lots of us are selling". It's a pure guess on when you want to sell once it goes over previous ATH, I assume.
Immediately? Upon 2X from prior ATH? 3X?....not an easy answer. You sold and won (this time), but if it went to, say, 180K, the decision to sell at 60 wouldn't be so smart, right? Or maybe one shoud activate a steady small sell orders upon reaching some number and stick to it?
All I am saying is that the NEXT time it could be quite different (or not).
Now, when is a good time to buy? many bought at 50, 40, 30, now 20K. Was it a good buy at, say, 30K? Very well may be....in 2-4 years or so.
Personally, I did not sell any bitcoin at 60 to current, perhaps foolishly, albeit I took heavy profits in something else, so the cycle was not without profits.
I did take some profits in btc too early in 2017, so, maybe this affected my hesitation of selling above 60K, perhaps.

Re 'morons' who are selling....a whole gamut of those: late retail, leveraged a-holes, hedge funds who "have" to sell, etc.
In fact, i think that some major long term holders sold between 20K and 17.5K. Why? because bitcoin NEVER dropped below prior ATH before.
When something new happened, they took notice. Besides, some whale who bought at $20 does not really care of the price difference between 20 and 60K, he still made 1000X (not 3000X, sure).The idea that goes through their head is probably this one: IF btc went below prior ATH and is scraping just below 200 week MA, what else "new" it can do? Not relevant for me because I decided to play this one as long as I can while being mentally prepared for a low probability of even zero. It would be sad, but another experience of the gestalt.

no mindtrusting, sure.

Of course, you seem to be describing/outlining the dilemma that each of us face regarding both attempting to figure out how much to sell on the way up (if any) and then how much to buy on the way down (if any), and surely having money from the sales on the way up, does make it easier to spend that money on the way down to buy BTC but it still does not necessarily result in NOT running out of money on the way down.

Also, sometimes we speculate that we had learned from our prior mistakes, even though sometimes we will still end up in a similar kind of pickle as we had done previously.

I do personally believe that it is good to have some various price points to sell on the way up, even if it is relatively small portions of your BTC holdings, and part of my philosophy, as well, is to sell such a small amount (on the way up) that you are not going to get emotionally attached to the fact that you had sold too much on the way up.. so when the BTC price is going up, there had been times where I was starting to feel that I was selling too much on the way up.. and so it seems to me that going through such putting the theory to practice does seem to allow some tweakenings that potentially will be able to help the next time around - but surely I will corroborate that it never is an easy thing to attempt to accomplish a kind of attempt to create sells on the way up and buys on the way down that are adequate and sufficient to balance out the comfort levels (and discomfort levels, too) (both psychologically and financially).  

By the way, I still believe that any of us have the potentiality to mindrust, and surely any of us should hope that if we do end up mindrusting, it would be some relatively small portion (less than 33% perhaps?) of the BTC stash - rather than 100%.. but of course, any panic might cause us to develop way more confidence in the wrong direction than the situation merits.... so for sure, there is frequently some kind of mindrust inclinations in each of us.. even if we believe we have our finances and psychology sufficiently hedged/balanced.

another one, another one...bites the dust.

Biodom reference to this post:
Voyager temporarily suspends trading, deposits, withdrawals, and loyalty rewards.


https://www.investvoyager.com/blog/voyager-update-july-1-2022/

dropping like flies...hopefully, we are close the end than to a beginning with those entities.

It seems like we receive various kinds of vague statements from several of these companies that largely seem to come after the public has already found out that they are "in trouble."

So one of the patterns seems to be that the company will amorphously report the matter, while creating the impression that everything is fine, and with the passage of time, we end up finding out more and more and more that everything is quite "far from fine."

Sometimes it appears that the company is really fucked, but they are potentially going to be able to prevent their customers from losing funds, but surely other times it becomes quite clear that the situation is much further gone, and beyond any kind of recovery because they don't even ha enough funds to cover the customers, either.  I would imagine that the ones being assessed by FTX or even by other possibly sufficiently capitalized companies are not going to buy the company unless there is at least enough capital to cover a vast majority of the client/customer deposits, and that can take a bit of time to figure out how bad is bad.








In sceen
B
T
C
Holders VS Economy Manipulators

Source: Twitter Related to Finance & Politics

If you were to know how to provide a proper link, I might be more inclined to send you a proper smerit.. for posts like this... but I cannot bring my lil selfie to click on that "send" button.

I can't

I can't


I can't

 Tongue Tongue Tongue
full member
Activity: 1400
Merit: 133
They made me this way..

Who cares how many guns you have? you can only shoot one gun at the time anyway, what you need is a lot of ammunition.

legendary
Activity: 1652
Merit: 1265
Question for everybody in the WO.

If today, you get 1Million$ fresh fiat, available to invest in totally in this market.


What would be your strategy ? Short-long term.. Level/target.. Pourcentage.. Diversification (i mean not only "all in" on btc)..


Buy 50 Bitcoin NOW
Wait 2-4 years for ATH
Buy luxury villa somewhere nice
Keep some cash on hand to survive 4-8 years of not having to work
HODL the rest of Bitcoin as a money machine and cash some out at ATHs when needed
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Good Evening WO,

Just another Speculation in Speculation board.

What if $LTC is ahead of the time in terms of price action as compared to $BTC?


Would love to know your views on this one.  Wink

What if



NOT




LTC just got dumped from some exchanges due to the privacy issue.  BTC doesn't have this issue.

Ah, that does make sense. What if something in BTC becomes an issue later on? What do you think about that.


What if



NOT


My condescension towards the psychotics who still cling to the myth of the 200 WMA “cycle bottom” is now impatient, and outright contumelious.

ONLY you seem to have had that issue.... well you and the other degen gamblers.. so yeah, you are not alone.. just that most of them are not saying anything about their failure to properly manage risk fuck up.


Now, in 2022, I have been musing on the possibility that there may be regional, perhaps even some national housing market bubbles, as capital fleeing inflation has ballooned housing prices.  It will be fun when those pop.  Well, not fun for those who wind up homeless.

Maybe leverage your stocks to buy BTC?  The stock market has been only a casino for most of the past century—ever since (a) the managerial revolution resulted in irresponsible executives, and (b) the market transitioned from a place to buy and hold for income from dividends, to a near-Ponzi-tier market for mere price speculation.  Anyone who owns stocks is a degenerate gambler, masquerading as an “investor”.  So, have at it!

There is nothing wrong with having value in assets other than bitcoin and dollars, and there are a lot of ways to attempt to balance such allocations - surely not easy because people do not tend to have very many investments beyond their house, and other people have 401ks and they frequently do not even get the benefits of at least getting their employer match... if their employer happens to match contributions up to a certain point.


Or are you actually Michael Saylor?  He does have enough assets to survive a BTC drop all the way to zero.  He is probably not feeling very good about his debt-backed BTC purchases.  But at least, he will be fine.

If we just look strictly at Saylor/MSTR's cost per BTC, Saylor seems to be around 33% down currently (if we use $30k-ish as his average cost per BTC).  I doubt that is enough to really cause any kind of major concern.. but yeah of course, it is likely better to have the asset/investment (BTC in this case) going up rather than down..

A lot of peeps seem to project (whether implied or explicit) Saylor/MSTR in terms of being in more pain than they are actually likely to be feeling.

By the way, if you want to talk about some entity that is feeling some DOWNity price pressure pains, it seems that Coinbase is likely feeling a decent amount of pain now, and Saylor is no degenerate/shitcoiner/lack of focused twat like Coinbase.. that's for sure.. hahahahaha
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
Jump to: