Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by JayJuanGee (1)
Thanks for that.
However true, this is not the community it used to be back before BTC was $1.
Love those days!
It has been quite the ride..and its far from over. However true, this is not the community it used to be back before BTC was $1.
Love those days!Change is inevitable, no?
Probably 95% of the members of this forum did not know what bitcoin was in 2011 -
There are even some members of this forum who got into Bitcoin in 2016 who are considered as OGs by some later arrivals, based on their largely beating the 2017 price run-up...
Actually one stressful circumstance could have been attempting to accumulate in 2017 while the price was going up and trying to figure out a plan for accumulation (and I think that we have seen some of the stresses of those later entrants in this thread), but if you had already largely accumulated your BTC and was mostly maintaining your stash (which does not rule out continued accumulation) in 2017, then currently, you should be sitting in pretty territory.. at least from a financial point of view (if you did not panic sell too much BTC at some too early stage), even if you are still spending a considerable amount of time trying to figure out what it is that you invested into, exactly. hahahahahaha
By the way, personally, I do not consider myself to be an OG, even though the term is kind of relative, but I might consider someone who entered before 2013 to be an OG of sorts (and you, Sitarow, would likely fit my rough relative timeline categorization of a BTC OG)...
Probably 95% of the members of this forum did not know what bitcoin was in 2011 -
There are even some members of this forum who got into Bitcoin in 2016 who are considered as OGs by some later arrivals, based on their largely beating the 2017 price run-up...
Actually one stressful circumstance could have been attempting to accumulate in 2017 while the price was going up and trying to figure out a plan for accumulation (and I think that we have seen some of the stresses of those later entrants in this thread), but if you had already largely accumulated your BTC and was mostly maintaining your stash (which does not rule out continued accumulation) in 2017, then currently, you should be sitting in pretty territory.. at least from a financial point of view (if you did not panic sell too much BTC at some too early stage), even if you are still spending a considerable amount of time trying to figure out what it is that you invested into, exactly. hahahahahaha
By the way, personally, I do not consider myself to be an OG, even though the term is kind of relative, but I might consider someone who entered before 2013 to be an OG of sorts (and you, Sitarow, would likely fit my rough relative timeline categorization of a BTC OG)...
Sitarow's post opened the flood gates and now I am cruising the way back machine trying to remember exactly when I first heard of bitcoin. I want to say that it was right around Christmas of 2011..the price had just spiked to $15 and then dropped...everyone was in a panic. Quite the series of unfortunate events drew me towards bitcoin..mostly due to the closing of Full Tilt and the subsequent backlash over online gambling in the US. I didnt fully enter until march of 2012 tho and even then I only lurked around this forum under another account. Meh..I am mono logging...
My points are this...JJG, your OG dude...dont sweat it...you are like a fixture on the WO now..your place in history is assured. The market will continue to fluctuate..same deal..buy the dips when you can. I strongly feel that we are going to breach 5 figures before we have another dip in the coming weeks. It would not surprise me to have a new ATL for the year but those predicting a long winter...I dont see it. Late Spring and Summer are going to be hot hot hot! Inertia is a funny thing. I have been thinking about the term "Legacy Markets"..thats what our previous global markets are now. Bitcoin and crypto are the future..its here now.
The TA matches 2014 more than 2013. Actually it matches 2011 even more. And why do you assume 'wall street' wants to buy bitcoin? Wall street is already doing what they do best which is to divert attention away to their own fake derivatives, their own coins, and their own stocks.
Because more efficient markets consume less efficient markets. See above about Legacy Markets.