Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6042. (Read 26712749 times)

WE is a tad optimistic (although I wouldn't mind, really).

Better than responding HFSP.

Just got a text from a good friend who I tried to get into Bitcoin by placing a 0.5 BTC paper wallet into his hands a while back.  His weak, baby-like hands sold at ~ USD $1100.  I tried to talk him into buying at around $2k to no avail.  We discussed again @ ~10k when he thought it was too late - I disagreed.

 his text:

 "And I thought you were nuts with your $100k prediction.  Now, not so much... "

 I texted him I have revised it to $260k

 "Holy crapola"

I'm finding it hard to let go however.

WE is a tad optimistic (although I wouldn't mind, really).

This is not yet another cycle, this is the End of Cycles

The one where after BTC flippens gold it doesn't flip back

The one where web3 supercedes web2

Where culture is collected and accrued digitally instead of physically

Where life is lived mindfully rather than mindlessly

https://twitter.com/zhusu/status/1363035740507017216

--------

At first it sounded bearish to me, until I unerstood what is meant. Since its creation Bitcoin went through several severe bear periods between the halvings. But what if the mass adoption has increased so much  that no such bear periods of 80%+ crashes from tha last ATH are possible? We see the first sign for that - unlike any other period of 12 months, there was only one 30% correction and two 20% corrections. What if this is a sign that such long periods of lack of interest from the big investors  are no longer possible? The implications on any sell strategy involving considerations of the previous cycles will be hugely negative. I mean if someone is selling with the hope of buying 80% cheaper, this may turn to be a total disaster with some 30-40% dips occurring here and there. Not only that, but this will make any unnecessary major sell from our stash to be a big mistake. This tweet predicts more than a supercycle, rather an infitite bull market. Well, this may look unrealistic now, but certainly the probability for that is not 0 as some may think based on previous experience. And sometimes the past experience may be misleading.

 We wont be driving cars in 100 years; we'll be teleporting... to Mars.
 

I hmm'd and haww'd on that recent BTC sale, to provide liquidity to start building immediately; I don't want to tap my existing accounts if I can avoid it, so I don't feel bad parting with low 2 digits of corn.

Maybe I'm thinking about it all wrong. Maybe I should drain the traditional fiat accounts, as it seems that selling corn, near term, beyond what I have already sodl'd, may not make sense, given the appreciation vs my traditional investment accounts.

Something for me to think about this weekend...

Nice problems to consider.

I hmm'd and haww'd on that recent BTC sale, to provide liquidity to start building immediately; I don't want to tap my existing accounts if I can avoid it, so I don't feel bad parting with low 2 digits of corn.

Maybe I'm thinking about it all wrong. Maybe I should drain the traditional fiat accounts, as it seems that selling corn, near term, beyond what I have already sodl'd, may not make sense, given the appreciation vs my traditional investment accounts.

Something for me to think about this weekend...

Nice problems to consider.

I texted him I have revised it to $260k

Just got a text from a good friend who I tried to get into Bitcoin by placing a 0.5 BTC paper wallet into his hands a while back.  His weak, baby-like hands sold at ~ USD $1100.  I tried to talk him into buying at around $2k to no avail.  We discussed again @ ~10k when he thought it was too late - I disagreed.

 his text:

 "And I thought you were nuts with your $100k prediction.  Now, not so much... "

 I texted him I have revised it to $260k

 "Holy crapola"

Just got a text from a good friend who I tried to get into Bitcoin by placing a 0.5 BTC paper wallet into his hands a while back.  His weak, baby-like hands sold at ~ USD $1100.  I tried to talk him into buying at around $2k to no avail.  We discussed again @ ~10k when he thought it was too late - I disagreed.

 his text:

 "And I thought you were nuts with your $100k prediction.  Now, not so much... "

 I texted him I have revised it to $260k

 "Holy crapola"

August 15th 2021

50th anniversary of you-know-what.

*sigh* Laws on murder and rape are also enforced through threats of violence so this argument breaks down pretty quickly.

I can see gold becoming a useful cheap metal for making 100-200 year long batteries for Tesla's electric cars.

ford is going electric for a reason.  they all know those asteroids are loaded with insane amounts of gold.

Gold makes super long lasting batteries if it were to be worth 100 x less or 17 a pound vs 1700 a pound  we would have multi generational batteries.

Sell your gold and buy btc

Ford is switching to all electric 2030 for a reason they know Elon will be mining those asteroids bigly.

We are heading into a new world of cheap long lasting power.

BTC is the tool that will allow it to happen.

hodl hodl hodl.

500k before 2030