Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3377. (Read 26714762 times)

Ecce homo!

I mindrusted the crash, right about the time when BTC hit its local bottom around $17,600.  I capitulated.

What I mean is that I mindrusted some scraps of precious altcoins that I had lovingly preserved to help regenerate my BTC in better market conditions.

(STFU.  I will slap anyone who dares to speak ill of my dearly departed altcoins, who nobly sacrificed themselves on the battlefield in the ranking order set by Gresham’s Law.)

I panicked, because BTC was in freefall—and if it kept falling so fast, my liquidation losses could go suddenly from ~99% to ~99.9%.

So...  I guess I panic-sold.  Sold assets low—dumped into a crash with what were, in themselves, horrifically foolish trades.  To save BTC.

mindrust panicked to save his worthless fiat shitcoins.  I panicked to save Bitcoin.  And I jest at myself.  The “selling into the crash” part was bad luck executing a plan I had decided earlier, after calculating a dozen ways to find the least-lossy, least-risky, least grossly undesirable means to free my remaining bitcoins.  But I am making a point.

The good news:  For the first time in over five months, I am debt-free!  And the sad remainder of my BTC is freed from the margin account.  For the first time in over five months, I am at zero risk of liquidation.

Now, I can go back to my old self.

I DGAF about more crashing.

If BTC goes to $10k, then I will ride it to $10k.  If it goes to $1, then I will ride it to $1.  If it goes to zero, then I will ride it to zero.

Yes, I have very little BTC left.  But it is a large proportion of my dollhouse-sized remaining finances.  For he who has little, a pauper’s scraps are precious as a king’s fortune.  My little itty-bitty bitcoins mean the world to me.

And I am back to my old self!  Let blood drench the streets!  I will laugh and sneer at the weak hands and the panic-sellers.  Hahahah.  LOL.

Let the market burn, as I frolic in the sunshine!

I am gravely worried about Bitcoin, because I care about Bitcoin.  This is an attack.  But that is an idealistic worry—cause for worse pessimism over the state of the world—not a fear for my personal finances.  For my personal finances, my only Bitcoin-related concern—my grievous concern is that I do not have enough BTC.

1 BTC = 1 BTC.

I don't know about that, there needs to be some kind of price benefit otherwise there is no hedge against inflation, QE, etc. By attacking price they are attacking the most obvious narative. The first world will only understand the other naratives when they are enslaved and then it's too late.

You're doing it wrong. Losing the keys so that no one can ever move the coins is by definition the safest method to store them.

Yeah this sucks guys..

If this is an attack, and their best method of attack is the price/market, they are pretty much admitting defeat..

Safer than celcius, 3AC and the rest it seems.

Good on you m8.
I keep all my bitcoins safe and sound at at westorebitcoins.com.
They store your private keys too so you don't have to worry about losing them....