Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5593. (Read 26606989 times)

I wonder how long and hard they pump the doggie 🐶.


Ahh maybe for a while longer.

I'm standing in my shed trying to get a bunch of old KNC Titan cubes running again. So far I'm up to 250mh, and one of my controller boards has a bad SPI socket line.

Man, I remember this crazy....

Boring till when ??

These ups and down is part for the game!!!

Yeah tribalism = very close to racism

---

---

---

my coinbase holdings are

as I gear to btc.

There have always been a variety of ways that folks might get talked out of investing into bitcoin or underinvesting in bitcoin, whether referring to unit bias or other kinds of distractions to which they might give credence. 

Of course, we can view the pumpening of various other coins (or even misleading talking points) as negative because they likely keep bitcoin prices lower for a longer period than otherwise we would expect, but it seems that many of us largely attempt to take advantage of such information asymmetry in terms of our continuing to buy and HODL bitcoin through the thick and thin...

Of course, if everyone were to realize the true value of bitcoin, it would be a much lesser bargain because its price would be very much higher, even though based on anticipated future appreciation (designed to pump forever) it still would be prudent to get some, if you either did not have any or you did not have enough.

For those who write dates in "american" way..tomorrow is 4-20...lol

Too much?



https://twitter.com/csaszarroli/status/1384261480019681282?s=21

Interesting theory...my concern is that btc is now being positioned as "money for the rich" and it seems that doge is being portrayed as "people's money".
I am quite concerned about it as I would like bitcoin to be smack in the center, NOT a rich folk "savings account".
Regarding about why talk about competitors? It is in such talk new threats could become visible and counteracted.
People used to be able to hold two contradictory ideas in their heads and weigh them out/argue against one or the other.
Nowadays, it is all mostly about a tribe.

Okay eth = garbage. if mr v drops dead tomorrow that coin will spiral way down as other fight to be in control of it.

LTC/DOGE merged mined are solidly backed by asics.  

So some rich mother fucker (only because I sold my doge around 1-38 cents for an average of 6 cents and made 60k profit vs holding and selling at 40 cents and making 400k profit)

I will say Musk looks at DOGE/LTC realizes when it was worth 1/3 of a penny back in summer 2020 he can make a bigly score.

a) buy doge  cheaply
b) buy cheap L3+ gear
c) make large solar array for mining

D) all of the above cheap and easy well under 200 million to achieve last year.

e) keep pumping the coin
f) make solid money
g) try to cause btc price drops
h) move doge profits into btc.

I) now doge is 30+ cents if he built a solar array and is mining LTC/DOGE investment is all paid off.  He has vested interest in pumping doge


Not saying he did all of the above.  but It looks like a duck and quacks like a duck  it is very likely a duck.


The only reason I can mentally handle not holding longer is I am mining 10000 doge coins a month that was 32 a month last year and is now 3986 a month.

I am still moving doge coin into btc and fiat.


Personally I see this move  about doge as very sure that it is being done.


If my speculative ideas are correct it is legal to does what he did.  As it is not subject to stock rules.  So he can not tout Tesla stock.  but he can tout doge.

Here is a link into how I see other coin maneuvers being done.  which have caused a huge difficulty drop in BTC

https://bitcointalksearch.org/topic/a-new-and-improved-btc-difficulty-thread-inclusive-of-every-coin-no-censorship-5331454


they involve other shitcoins I will not mention here.

That day seems quite far off from now, maybe greater than 50 years, so I am not sure how much utility we get from speculating over a kind of situation that is far from our current reality.  In other words, right now we have variables in front of us in which there are all kinds of asset classes, and likely bitcoin is far and beyond superior than any of the others, but that still might not justify putting 100% of value into bitcoin.. but at the same time, the likely ongoing superior performance of bitcoin is likely a pretty damned strong factor that should be accounted for, even if some folks are not even going to agree with my statement here so therefore there is going to likely be a long-ass time that a lot of people are investing in inferior assets, and whether that drags on for 50 years or some other timeline, I cannot really know, and my odds of even being around 50 years is very slim, i mean in terms of witnessing what happens by then.. but maybe there will be some advances in various directions, as you suggest prior to 50 years from now that I would be able to witness, even if it might not affect my investment choices in any meaningful way.. not sure...


Funny (or is the correct word "strange"?) that you want to keep harping on this likely inadequate talking point.


If doge is a purposeful distraction from bitcoin, then why talk about it?

Is the world right or you are right..the case of: "do you want to believe me or your lying eyes?"
To simplify: $20 cash in your wallet is there to spend, but it certainly ain't "income" as long as you did not get it for a 'service' performed or "passively", like rent. etc.

In addition: the fact that you keep saying "ratt's ass" instead of "rat's ass" despite numeral corrections indicate that you are either a f-g robot/software program (trying to sound like a fallible human) or a dumb-ass/ignorant/stubborn individual-exactly as you mentioned someone depicting you in RL.
In both cases-there is nothing "there" to listen to.

so now i need two moderna shots in addition to my 2 pfizers for the full 5G nanobot lifeboosting effect? great. just great. the things we put up with just for the chance of some random superpower.

Yes... my thoughts are that there is no usual in bitcoinlandia, and king daddy gives few shits about what you think it might do.


You can surely lose money in "crypto" by HODLing it.... that's for damned sure.

Thanks man.

Of course, I cannot speak for Phil_S, but I give less than one ratt's ass if you want to call it SWR rather than passive income, and several times, I already stated various ways to reasonably consider the matter...and you want to get all bogged down on semantics that you believe better capture the ideas about how you would rather to consider the matter.

By the way, I further state that I consider "passive income" to be more descriptive in terms of what is attempting to be achieved (which is to have an income) without having to work rather than your "safe withdrawal rate" which hardly captures any kinds of ideas that we have been talking about.  What you trying to be safe from?  Safe from depleting your principle, perhaps?  I see no reason to change the descriptors based on your attempts at lame technical gottchas.



No one should blanketly attempt to create expectations out of centrally controlled assets, and surely every asset has a variety of particulars that need to be considered, and how much those particulars matter will depend, in part, upon how much of your value is tied up in such assets and what kind of timeline you expect to continue to have some or all of your value tied up in such assets.


His smartness got him distracted into a shitcoin, aka Monero....  which ended up showing that sometimes smartness cannot save peeps from dumb.

 

It's basically a few top clubs in different leagues deciding to create their own league on the side, similar to champions league, where you have to be part of it and you can never drop out/qualify in to it. A lot of people say this is bad because it will take away the dreams of some teams to take part in the largest tournament (champions league) with a chance to win against the big boys. Super league teams on the other hand say that they carry these tournaments but aren't getting enough of the money to participate and in the case of them missing out one year it fucks them over royally.

This is basically a money vs money fight and in the end there's probably no winner.

Can one of you Euros give a synopsis of what all this Super League shit is all about?

Einstein said time is relative. Reading WO proves this. Away for 1 day due to super-crazy stuff happening at work. Came back and saw the flood of posts. Time is relative indeed!

Managed to observe BTC price from my phone. We had a "dip inside a DIP", and are now nicely recovering. IOW, business as usual. Honey badger was bitten by a cobra and is now recovering. Poor thing (the cobra).

Lots of fine posts here, by the usual quality WO residents. You know who you are. +WOsMerits to you all.

I see the occasional trolls are ever present, shilling shitcoins, especially during times of "crisis" (as if...). Again, you know who you are. Fuck you.

A true HoDLer knows how to separate the signal from the noise. Price charts are user-adjustable digital filters in disguise, and can do all the work for those who know how to use them. All that's needed is to lower the cutoff frequency (a.k.a. Zoom Out^TM). That's why long-horizon moving averages, such as the 52/208-week MA, are such good indicators. But what do the noobs and weak hands do? They zoom in and get rekt by the white noise. I guess it's a kind of Darwinian "survival of the fittest" principle. Maybe it's a good thing.

The future of a random or unknown process cannot be predicted, but Bitcoin is neither random nor unknown. Satoshi Nakamoto has given us inside information since its inception and for the next 120 years. Use it!