Today, Marty Bent released his 2 hour+ Tales from the Crypt podcast interview with Paul London, and London makes some good points regarding how both the motivations of Russia and the likely outcome of the USA's seeming heavy-handed-ness with financial sanctions may end up causing some acceleration of the dollar demise that comes faster than anticipated.
London also describes that some of Russia's most recent missile technology developments that the USA denies , but ends up painting the USA in pretty handicapped position when it comes to playing any kind of nuclear card or any kind of direct-combat game with Russia.
Of course, since this is a Tales from the Crypt podcast there ends up being wee bit of a bitcoin angle to the discussion (at the end), even though London does not seems to be very bullish ab out bitcoin's role or likely fate. London seems to have some beliefs that governments have an ability to regulate Bitcoin into oblivion, so maybe London's current errors in thinking causes him to be more of a pre-coiner rather than a no-coiner? perhaps? perhaps?
Your linkey is brokey.
dis works
https://overcast.fm/+KiHpcj93sThanks... I fixed it in the original... It looks like I double pasted, rather than single pasted...
Two days ago a guy was talking about BTC and he said he waiting for buying BTC at $25K. I was sad and afraid at the same time because I am down a lot. If BTC falls to $25K, I would hammer my balls and sleep.
Hey, I am that guy and I am somewhat still sticking to my ideal plan.
Never said it's going to be $25k in 2 days. Enjoy the pump.
If you never said you are waiting to buy BTC at $25K, You are not that guy. Also, I didn't mean that someone said BTC will going to be $25K in two days.
To attempt to be more accurate, ImThour had a chart in which the highest price point on the line was $20k, and then it sloped down to the right from there, and he said that bitcoin prices need to touch such line before being ready to go up... so the reality of the matter is that his hopes were unrealistic as fuck, and surely going straight down to $25k would have been more realistic than what he was asserting is necessary for BTC prices.
Here's my responsive post to that dumbass ill-informed chart...
https://bitcointalksearch.org/topic/m.59341208Another thing is that guys like ImThour are frequently inadequately prepared for UP, and hopefully not too many innocent people get trapped into their kind of dumbass gambling ways of thinking about such an asymmetrically upside bet such as bitcoin.. Many of us know that bitcoin represents a once in a life time kind of investment opportunity, so it seems quite short-sighted and contrary to better financial judgement for guys to be getting screwed into dumb ways of thinking about perhaps saving a few dollars, perhaps? perhaps? and then nothing even close to their anticipated dip buying price even comes close to happening.
What if you don't buy any BTC because you are waiting for a dip (or some kind of supposed value price) or you buy way too little BTC because of the same dumbass reasons or your mind is too screwed up and always thinking about preparing for dips that might happen, then such guys are stuck without any BTC or with way fewer BTC than they would have otherwise had with a bit more of a ongoing proactivism in the BTC accumulating practices such as DCAing on a regular basis (buy every week no matter what is good).. and just making sure that they are ongoingly preparing for up.. rather than ongoingly thinking about
(psychological damages) BTC price downs that may or may not happen..
