Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4854. (Read 26607966 times)

Explanation

Explanation

   Overall, I agree.  If you factor the current point in the apparent cycle, however, I think putting stronger emphasis on buying the dip (definitely for the last few months, probably continuing for the next few months?) in addition to your methodical DCA schedule will be more rewarding. If I was accumulating now, I think I'd keep the pressure on BTFD under 100k.

I am just not sure if it will necessarily take 15-20 years for 0.21BTC to have some kind of 1337 status.. For sure, you know that there are still so many normies poo pooing bitcoin, so they are NOT even creating accounts to get in while some other folks are hoarding and stacking BTC, even if they are not engaged in such hoarding and stacking at Michael Saylor levels.

Sure, some of these ideas are relative too, and other parts are just a matter of from which perspective we are describing the situation of both how much you have and how much you might have relative to others.

So sure, if we were to consider 1337 status as getting to fuck you status, then sure, you are likely correct that it may well take a bit longer than a short period of time to reach fuck you status with such quantity of 0.21 BTC whether we are talking about spot BTC prices or even the more conservative measures of BTC bottom prices.... and that would be presuming something like roughly $2 million in purchasing power for entry-level fuck you status.

Another easier to reach perspective would be that people become more and more 1337 status when they reach a level of savings/investments that are out of the reach of normies. 

Sure, we already know that there are many normies who do not save sufficiently or even take matters to the level of investing into some assets that go beyond their purchase of their personal homes and maybe having some value that they have been able to build in their 401ks .. so through bitcoin's history the entry-level goals of stacking some BTC or sats have gone down and down and down.. and for sure each of us realize that part of that going down phenomena has to do with the value of BTC going up and up and up through the years.

Accordingly with the passage of time, the earlier BTC accumulation goals become more and more difficult to attain..

For example,
entry-level BTC accumulation goals through the years may be considered like this:

Prior to 2013: 100 BTC

2013-2016:  21 BTC

2017-2019: 10 BTC

2020:  1-5 BTC

2021:  0.21BTC to 1 BTC


We might consider those who have reached entry-level or higher 2017 or those above-listed earlier BTC accumulation goals as 1337 status - or even close to 1337 status, no?

Of course, I am not saying that anything is guaranteed or that we can rely upon history for our future BTC price trajectory, and sure we may well need to start measuring some of these goal posts in terms of how many satoshis that we might have accumulated into our control

21 million satoshis? 

might sound like a lot, no?

1 million satoshis might also sound like a lot, but maybe we don't go straight down to 1 million satoshis before crossing higher thresholds that are more challenging based on dollar values, and instead suggest that 10 million satoshis is also a lot... and I heard that soon 21 million satoshis is going to be considered as 1337 status.  #justsaying   #justsaying

For sure, the tower that you depict is saying something similar too, so there is nothing wrong with that tower... even though it might be a wee bit bearish to suggest that it is going to take two more cycles to reach $1 million per BTC.. and probably even $10 million per BTC would be a more realistic goal for 2028/2029 - even while none of the UPpity matters are guaranteed, either.

Another thing might be that there are people who have decently large quantities of coins who might end up making a lot of mistakes with their coins, and surely neither of us are getting into those kinds of details, even though I did know some kinds of peeps who used to have plans to sell all of their coins in the $50k territory, but now some of those kinds of peeps have considered better BTC retention systems - yet not everyone who holds BTC is understanding the value of maintaining quite a bit of retention.. and I am not even chiding anyone who might sell less then 25% of his/her BTC, but it could be risky to be selling larger portions and surely there are quite a few current BTC HODLers who are planning on trying those strategies, and will it work or not is still to be found out.


DCA is probably better than buy the dip because DCA is more basic in terms of NOT having to attempt to figure out if there is a dip or not.

Sure buy the dip can supplement DCA, but I don't like it as much as a primary BTC accumulating strategy, and sure the more aggressive that a person is with the DCA, then maybe the less funds that would be available for buying the dip, but there should be practical ways to attempt to accomplish both.

Explanation

Seems like there was a lot of FUD. There was a strong support at $47,000 and now we see it bouncing back 

The feeling when you didn't yet liquidate and HODL-ed....

   The dips are not looking very... Dippy.  I was pretty sure we'd revisit ~44-45k at least, then resume rise.  Can still happen, of course, but holding up with low volume so far.  Evidence of plenty of BTFD action?

The way things are going, it's going to be pâté de foie gras flavored Ramen for me!

What I know for sure is that you don't want to find yourself in the nocoiner hell... so BTFD or stay/become poor!  

Explanation

When did "smash the state" become "trust the state to think for you"?

This meme reminds me of the story of the Indian Chief dude when his son asked him
“ Father, why is my sister named “Full-Moon-Rising?”
“Well son, that’s because when your sister was conceived it was a wonderful clear night
and there was a beautiful full moon in the sky!”
“Wow, that’s so romantic, thanks Father.”
“You are very welcome, Two-Dogs-Humping”….

Nerds!

Going to bed, see you tomorrow.

Explanation

We want new poll.

It probably will be in 15 - 20 years.

This is one of my favourite bitcoin memes, probably because it makes me feel smug



https://www.reddit.com/r/Bitcoin/comments/kfhwr9/the_best_bitcoin_citadel_meme_i_ever_see/

#Few

Only 20 more times of such level of BTC purchases and you will reach 0.21 BTC status..

Which I heard is a soon to be 1337 status..

 

Explanation

I bought about 0.01 BTC at the bottom today, and it has been going up ever since.

Fuck Trolldhon!