Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3334. (Read 26715566 times)

Explanation

He knows shi*t about bitcoin



vs

thanks. might take you up on that some time.

Explanation

AlcoHoDL beat me to this, as I was beginning to write something (with overly long analysis) about how the same poll should then be held again, whenever we get back to $35k.  At that point, the “decreased” option will logically mean only two things:  Either you were crazy to leverage your BTC, or you were stupid to mindrust it.  “Sell the dip!” seems to be a popular approach to retail investing, the flipside of FOMO.

Needless to say, few if any people in that category will give an honest answer.

(You had a good point yourself, but I think you missed my point.  I wasn’t talking about people who lost their coins.  I was talking about die-hard nocoiners—nevercoiners.)

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I was about to say something snide about how nobody gives a hoot or wants to see what he says, but then I realized it is always good to raise awareness of this issue.

Relevant:  So, you want to get sued by a scammer? (earlier thread).

This is a nice poll suggestion.

Explanation

Mfer calls himself inventor of Bitcoin and says all the Bitcoin are already issued in 2009 itself. 


https://www.linkedin.com/feed/update/urn:li:activity:6946865732672495616/

Dear bitcoin please stay in 20s for 4-5 days more. I want to top-up on my next salary.

^
Just put a sharp dip like a nail in that chart.                         

How much dee dippening going to be smartie panties?

Is it going below $17,593?

When it going to be happening?  

We get up first before dee dippening come or we go straight to dippening?

Once we get dee dippening, we going to get stuck there or we going to spring back?    If we spring back will the spring back be to these here price levels or some other price levels?


What does grandma think about how smartie you have gotten in recent times?





Inquiring minds wanna know.

Nope.. it is 100% certain going for another dip. Then we get to receive capitalization.      





Here...      ..listen to a swang till zen: https://www.youtube.com/watch?v=LMuKc-7fvoQ

(because you are probably low in Cow Hoof 9 Vitamin!)

Odds are 50/50 then?

Explanation

Spectators be like: Yo fools, is the price going to go down, up, sideways, f^ckways, rightwasy, wrongways??    
But.. some expecting pump, some dump, some capitalization on the second dip at 14K.            


No one knows sh!t. Actually.. Not rly, because Banks are on 'suicide watch' right now, so we will see if they shoot themselves in the foot and try to dump.    

Usually guys with any kind of serious poll proposal will tend to be a wee bit more concrete in the formulation of the poll, and surely some poll questions are better than others.

I already mentioned that I doubt that guys (and gal) in this thread have a whole hell of a lot of sympathy for no coiners and/or low coiners, but confirming the answer to that question does not even seem that important.

I think that we have seen quite a few sad cases come through this thread over the years, but overall bitcoin has been a bullish asset and seems to continue to be a bullish asset, so surely guys might judge anyone who manages to lose money on an overall bullish asset - even though we know that some of the corrections and bearish trends can be quite brutal - and really set some guys (and gal) into depression - and perhaps for reasons in which they are trying to become rich (or prevent their lil selfies from becoming poor) at a faster pace than king daddy seems willing to facilitate.

Several of us had been recommending that the entry-level goals for BTC accumulation could have been reasonably set at something like 0.21BTC, and with these low low prices (aka bargain prices) we might be able to temporarily ramp up that entry-level BTC accumulation back up to 1 BTC.. at least for a wee bit of time- unless Torque's theory of the going to $30k and subsequent UPPity from there ends up playing out - which might thereafter again cause entry-levels of 1 BTC to be less achievable.

Sometimes I consider my own approach to be fairly constant with only a few small tweaks here and there along the way, but even in the past 24 hours I made some further tweaks - which probably puts me at about 7 somewhat beyond expectations tweaks since about mid-May.. Sometimes I am not even more than 50% comfortable to share very many specifics in regards to how to characterize the tweaks while in the midst of them (except maybe a wee bit of directionality - that I had done regarding the prior 6 tweaks) - yet sometimes I will also wait to make certain disclosures until maybe several months afterwards to state the extent to which some tweaks were a good idea or not.. or how much I ended up benefiting from that (as a trade off to the costs, if any)...

I do also know a stubborn fuck in real life who has been negatively affected by using a leverage product.. and I have made several interactions, and likely more BTC ends up getting lost (by that person) than we are really able to discuss because people want to be private about those kinds of things, and I am not even trying to emphasize too much of the "I told you so" angle.. even though there is some unstated judgement can be read in regards to our interactions...

In the end, I am not even sure about a fair poll question, except maybe something like:

Has your BTC stash increased, decreased or stayed the same from our drop from $35k (around May 6th / May 7th) to present?  That would be ONLY 3 possible answers, no? 

Do we get anywhere with a poll like that?  I do believe it is better than asking whether we like low coiners/no coiners.

Another possible good question would be by the time we get back to $35k (whenever that is) do you expect to have more BTC, less BTC or the same amount of BTC that you had at about the time of our May 6th/May 7th price drop below $35k?

A problem with this second question is that it involves the potential for a distance between what ends up happening and what the member believes is going to happen.

There might not even be any particular correct answer for either of the questions, except that if someone is in accumulation stage, maintenance stage or liquidation stage then the answer should be somewhat reflective of what stage s/he is in.. .. I mean that whether increase, the same or decrease has happened should be close to matching whether the member is in accumulation, maintenance or liquidation status.   Otherwise something may well have gone wrong, no? Am I not correct?

Explanation

Explanation

I have no illusions about Bitcoin’s ability to resist a full-scale, no-compromise absolute ban.  (Those few of us who would successfully evade the ban would be economically marginal, and therefore unimportant.)  I do think that popularizing ways to increase robustness against censorship deters such scenarios from ever happening, by raising the cost of enforcement.  It is, in effect, a perfectly legal way to load in advance a “poison pill” for potential adverse legislation.

By a very rough analogy, compare how American 2A activists buy more guns and ammo every time restrictions on guns are increased.  By another analogy, compare also how PGP was created deliberately to monkey-wrench then-Senator Joe Biden’s proposed ban of unrestricted strong cryptography.  Accomplished facts and high costs of enforcement are some of the most powerful arguments in the world!

I believe that in the abstract, it is the same reason why decentralized Bitcoin survived its infancy, even though USG, et al. shut down previous centralized attempts at independent monetary systems.  If the cost of a ban is too high, then they attempt subterfuge to corrupt it (why did CIA Gavin endorse Faketoshi!? let’s not mention Mike Hearn), and/or try to figure out a way to co-opt it for Wall Street financiers.


See below link for happiness.  (Why do I respect Core?  They do good work.  Not only on one ticket...  This reminds me, apropos how this discussion began:  Generally, since Bitcoin has no “dev tax” or other self-funding mechanism, I suggest that all who read this should feel free to find ways to help support Core development.)