Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3671. (Read 26731031 times)

Stepped on a rake, got a blue eye, burnt my food and Bitcoin isn't pamping.

Not a good day today.

Explanation

You are on point!

His brain seems to be slightly infected with the cancer of socialism.

Arrogantly thinking their moral stands above any other, socialists prefer the way of centralized planning, government, culture, thinking ...and property control.

We know how big centralized socialist experiments end up in millions of dead each time they became manifested in society.

So it's a miracle that this infantile and dangerous thinking is still infecting people.

You are right, it must be plain stupidity. But probably paired with a big portion of hubris.

Exactly. We all want to make money, but there are principles and red lines too. I'd rather have a clear conscience and support something that's pure and true and good for the world, rather than support something inherently flawed just for a quick money grab.

Best of all, Bitcoin keeps your karma clean and makes you money too. It's the cleanest, most ethically sound money I've ever made.

Explanation

Didn't buy that scam at 0.60$ and I certainly won't buy at 3000$   

I don't know my thumb from my big toe! It's the SOMA engine sputtering.

Explanation

In other words, "fuck crypto."    Have you ever heard of dee king daddy?

What has king daddy done for you in the last 7 years, if you have been so persistent to have had stayed in it for that amount of time.

Last I checked 7 years ago, bitcoin had been priced in the mid $200s for most of the year... so even if you fucked up pretty royally in 2015 and you ended up buying for double, you still ended up with around a 60x appreciation in price (or the value of your portfolio).. so in 7 years, you are likely to have had pretty damned good performance in bitcoin's history..

Another thing is that maybe some folks may not have been able to get into bitcoin with any kind of lump sum, so they may have ended up DCA investing into BTC.. and a somewhat aggressive practice of $250 per week over 3 years would have cost around $39k, but still would have likely been able to generate anywhere between 40BTC and 60BTC.. which at today's $30k-ish prices would be between $1.2 million and $1.8 million in value.. and I would not be poo-pooing those levels of BTC price performance, even if you may have gotten started 7 years ago, but did most of your BTC accumulation within a 3-ish year window... so the 7 years ran on the beginning of your investment but has not run on the BTC that you accumulated later on within your personal BTC accumulation window.

Sure, there can be several different ways to frame the matter in terms of both how aggressive someone might have been ready, willing or able to be in their own BTC accumulation period, and how many mistakes might have been made along the way, too... but the jist of the matter seems to be that a relatively aggressive approach has tended to pay off - and especially with the passage of time and a looking relative BTC price performance over longer periods of time rather than focusing on some kind of selective short term period and whining that there happens to be up and down waves in your BTC portfolio value..... blah blah blah... and by the way, those waves happen to be buying opportunities, especially if there is an ability to consider longer periods of both accumulation and/or performance measurements.. and 7 years or longer may well not be a bad amount of time to look at performance - though in terms of investment portfolios, sometimes they might need decently longer periods than even 7 years to really play out.

Another thing that we likely realize is that past performance does not guarantee future results and of course the ongoing great performance of BTC over the years of its so far existence likely warrants that its future performance is going to be less exponential than it's past performance - even though so many of those of us studying bitcoin for longer periods of time can appreciate that BTC likely remains (even now) as one of the best of asymmetric UPside bets that we have in front of us... accounting for both up and down scenarios.

People like Dudas either do not have any earthly idea of what "censorship resistance" is or they are anti-bitcoin or spooks.

Dudas has turned his cards over enough to show that he supports systems that exercise central control.  I can;t be bothered to find the quotes but he has said things that imply he is for things like wealth redistribution, and that sort of thing...  Those folks don't tend to like Bitcoin because they are too stupid to realize that human's cant be trusted to rearrange personal property to make it more "fair".

Of course he likes Eth.

It is only bitcoin that can always be like bitcoin,  Ethereum tried to be like bitcoin end up to be like Ethereum so other cryptocurrencies.  Any cryptocurrencies that will try to be like bitcoin will end up to be something else. One of  the quality of bitcoin is that nothing else can possess the same features with it.

100 wo/smerit for you sir

No need to defend that dweeb in these here parts CookieFactory.

Vitalik seems to be a bag of walking contradictions and in several ways engaging in behaviors to attempt to undermine bitcoin with his little scammy smoke and mirrors project.. Sure, sometimes he does seem to be admitting to various flaws in his project and the ways that it has been developing in terms of the Rube Goldberg machine that it has become.

There does seem to be quite a bit of marketing in Ethereum that also includes Vitalik - even if he surely cannot be involved in all the various ways that Ethereum has been developed - even though he has likely been a major beneficiary of the 60% or 70% premine that they frequently like to either downplay or ignore like it did not happen.. .. which is also scammy as fuck and contradictory behavior.

So, we are all not just making it up as we go in the same kinds of ways if you are trying to suggest that Vitalik retains some kinds of innocence in the various ways that he has benefitted from a very misleading and disingenuine platform that he had outlined, led and served as a figure head (likely moral leader - if that might be a fitting descriptor).


how do you know?

We just had too many red weekly candles in a row?  Is that what you mean?

Bingo.

I attended Vitalik's speech at Decentral in January 2014 where he unveiled his plan for Ethereum. I liked his idea of smart contracts and multiple mining algorithms. At that time ASICs were replacing FPGAs and the idea of being able to mine with CPUs and GPUs again was appealing.

The deal breaker though was the pre-mining. What a scam. I didn't get into Bitcoin to try to make money. I believed in the technology and what it meant for escaping central banking tyranny. I saw through the blatant money grab and while I had the chance that day to get in at the start and make a lot of money, I took a pass.

I like having a clear conscience and keeping my karma clean. Fuck Vitalik (and his buddy Tony DiIorio) and fuck Ethereum.

Explanation

It's been a fun few weeks -- in Bitcoin price action, and in WO. Too much talking (typing), too much analysis (astrology) from self-proclaimed "experts", while Bitcoin does what Bitcoin has always done from day 1: slowly climbing up the price ladder, slowly winning the monetary race, while weak hands cry "I told you so" and look for "a way out" in cryptocoinery. Nature has a way of sorting out the men from the boys, and that's exactly what's happening now. Business as usual.

HoDL... and buy if you can!

Yeah censorship resistant... as long as Mr V (I mean the meth guy) is ok with your transaction and doesn't  " intervene in state "


https://twitter.com/VitalikButerin/status/1188819235306213376?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweet

Explanation

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On days when there is a lot of negativity, it is good to hear a little positive thinking