I think this dip is simply millions of poor people getting 30 USD for free and immediately spending them.
We will return to normal within days I'm sure.
Bought the dip.
Oh gawd.. .
Do you ever stop demonstrating your specialty in various aspects of retarded?
Did you read that idea somewhere or come up with it yourself?
#justaskingI know that this board has lots of single coin people, but If they come down on 90% of crypto, bitcoin would get cut not in half, but by 70-90% and here is that.
I was about to send you an smerit for the above-referenced post froggie.. for your analysis rather than whether I agreed with what you were saying, but then you made this seemingly dumb statement regarding the tail supposedly wagging the dog, and fuck that nonsense... you lost all semblance of credibility for your contributions within other decently reasonable points that you seemed to have had been making in that post prior to your falling off the reality cliff.
I know this sounds crazy for many of you. But I wanna think further than tomorrow. And wanna secure my future. I am not willing to let these people control my life. And I wont give them everything I own. So better I blow everything I have into shit. Or find a way out.
Oh my!!!!
Yes.. you come off as a wee bit crazy or at least as if you are having some difficulties getting out of black and white thinking.
One problem is to take any kind of event that has something like less than a 1% chance of happening and putting any kind of meaningful preparation into it.
So you seem to be assigning a low probability to a scenario that you outlined, and then you are putting 100% into preparing and acting as if it were true.. That's nearly the exact definition of crazy.
Even though attempting to predict the future and trying to plan for the future, let's attempt to get back to basics. We should strive our best to attempt to put the amount of preparation and action into scenarios in proportion to the probabilities that we assign to each of the possible scenarios. Sure, of course, this attempting to weigh various scenarios is complicated because there are so many factors and no matter what we are not likely to even close to exactly correct, but we can still attempt to give ballpark assignments to various possibilities and just do our best and to tweak along the way by reassigning and maybe changing some of our actions based on new information and even changes in our own circumstances (psychological and financial or otherwise).
TLDR: Do our best to ballpark estimate various scenarios and match our behaviors to our best guestimates (which includes tweakening along the way).