Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5029. (Read 26609500 times)

Probably, but I've also seen it done by some of the oldest users, the ones who post the most in this thread, people who don't have a paid signature and who, in principle, don't care if they are given merits. In that case we would not say that they do it for merits. They simply have something to say, even if it is not directly related to the last comments and they say it.

Although I understand that everyone likes to be given merits because it is like others recognize that you are doing things right, that your contribution is positive.

And, by the way, in the case you were commenting I guess if they end up getting merit, it's because they deserved it. If they were posting for merits but the post was garbage they wouldn't receive any.

snippety snip

There's no dispute.  We are going by your version of events.  You asserted that you lost all your bitcoin in MTGOX (supposedly), and then you said that you had not bought any bitcoin, and I cannot recall exactly your likely lame reason.. seems like it was a kind of dumbass disgruntled reason (you were not even claiming lack of finances in your first version of events), so the punchline still remains that you failed/refused to get exposure to bitcoin, even though if you were to have had bitcoin on MTGOX until early 2014, then the presumption is that you knew about bitcoin, so you did not even haven any valid excuse, such as you did not know any better.

You seemed to have been too busy blaming others and failing refusing to take responsibility for your own preparations for the future.  Just consider if you had invested as little as $2,500 into bitcoin, you could have had 10BTC.  Nothing to sneeze at, and sure, maybe we could not have expected you to time the bottom, so maybe your average per BTC could have been $400 per BTC rather than $250 per BTC... yet in any event, you could have had several BTC for just a few thousand dollars.

Are you actually trying to proclaim that you did the "right thing" by failing and refusing to buy bitcoin for 7 years and blaming that failure/refusal on Gox?

 Yes, sure at various points in the subsequent 7 years (or the past 7 years) your cost per BTC would have been a lot higher, but your recent complaining about BTC being too high in the $10k price arena would still have gotten you a 3x to 6.5x return (and currently about 4x return, as I type this post).  So you are still failing and refusing to buy BTC?  You are just engaged in ongoing begging, instead (not that you even come off as a believable or sympathetic character in terms of your supposed story or need for handouts)?

By the way, in recent times, you are seeming to be a "bitcoin believer" but seems that your whole history of adamantly keeping ur lil selfie as a no coiner was likely to have been considerably based on your lack of even believing in the upside potential of bitcoin, and now that you see BTC prices around  160x of their 2015 prices (of $250), you may well be starting to believe that there might be some merit in the bullish case for bitcoin.. yet probably one of the most prudent things that you should be doing right now is just stocking away whatever quantity that you are able to do, such as $100 per month or whatever might be manageable to you, and sure it could take you a while to build a decently sized BTC stash, but you should be going by your budget and if you could afford to invest more than $100 per month without short-supplying your cashflow and your basic needs, then that could be a good thing to do also, merely become a bit more aggressive in your investment into BTC approach.. and work your way up.. and even with that, those people who are currently starting out in bitcoin and choosing to invest $100 per month or something like that are likely going to be quite a bit ahead of normies in 10 years from now.  

Just consider if you had just stuck to a relatively prudent investment strategy that started around 7 years ago and invested $25 per week, then by now, you would have invested $9,150 into BTC and you would have acquired a bit more than 10 BTC (which would have a value of nearly $400k - based on our current nearly $40k BTC prices), so your whole BTC investment portfolio would have been doing pretty good with around 41x in profits.. surely nothing to sneeze at, and part of the reason why DCA buying into BTC has been such a great way for people of relatively modest means to end up doing quite well with their BTC investment and especially so if they keep up the DCAing strategy into BTC for a decently long period of time... the longer the better.

Even if newbies into bitcoin might not get the same results as earlier investors on the same timeline, there remains no reason to believe that such DCA'ing system does not remain a great way to go forward, especially if they are just investing extra cashflow as it comes available to them, whether it would be once a week or once month or some other somewhat regular and consistent time intervals.

...............

Bitcoin has been there for only 12 years and only a handful of people believe it in intial days ans slowly the adoption increased and yet still many claims it is not best source of investment and highly risky or bubble which can Burst anytime.But in actual it has given holders unexpected returns and who have invested $1 only or say bought one bitcoin at that time and now it's around $40k with only holding.

If you compare the prices with any other asset like share prices of Major companies like Tesla, Microsoft,Google and others listed on S&P 500 index you will find btc most profitable.

Many shitcoiners make comparison of btc with their coins like btc has grown only 10-12% and their shitcoins have given 300% profit but they ignore the fact that btc market cap is more than $700 billion and prices above $38k which requires huge amount of investment to move the prices upwards but still they are moving and on the other side their shitcoins have comparitavly very less market cap and it's easy to move and manipulate the prices but they keep on repeating same shit.

Gold has market cap of around $11.45 trillion and managed to be people's favorite choice of investment but with technology taking over the preferences changed and now gold is not as much in demand and risk taking investors prefer btc as they know it will provide good returns to them.You simply scan a QR code and make million dollars payment with nominal fees but you can't take your gold bars always along with you and if they are not providing some good profits also.

Bitcoin is taking over.

Am I the only one who thinks that people are posting here for merit when they suddenly change the topic of the post or does not even relate to any of the previous posts?  

🚨 rising wedge🚨  on 4h chart

be careful guys this could get very bearish soon

🚨 rising wedge🚨  on 4h chart

be careful guys this could get very bearish soon

🚨 rising wedge🚨  on 4h chart

be careful guys this could get very bearish soon

Would be delighted if you'd just fuck off and only come back to post here when we hit $9600 to tell how you've bought in with a $100.

In the meantime we've got lakes, ranches, farms, seasteads, Lambos, John Deere and fine dining to attend to.

🚨 rising wedge🚨  on 4h chart

be careful guys this could get very bearish soon