Quote from: windjc on Today at 10:46:46 PM

Quote from: d57heinz on July 27, 2020, 11:45:50 AM

Quote from: marcus_of_augustus on July 27, 2020, 12:22:35 AM

... growth models of new technologies, networks, pyramid (ponzi) schemes, cancer tumours and pandemic spreads are identical. It's the maths of exponential growth.

It doesn't mean Internet == Cancer. Only a moron would say that. A network that provides a valuable service to participants for being connected to it is on the same spectrum as a network that provides only minimal positive benefit (or is exploitative) of it's participants (like fiat monetary systems that are enforced coercively) and on net extract value from the majority of participants.

Pyramid schemes, fiat money, bitcoin and all monetary systems are networks with a basis in a temporally-limited, subjective-value, marketable unit.

Actually I can produce all the examples your little heart desires to prove the internet is cancer. Cancer of the mind. Those that think they don’t have to have accountability. Yes the comparison is valid

Ohh and it looks like you guys got a sympathy pump to help you pour more of your money into it. What the chart needed to be a certain way. So the powers that control bitcoin just pump to fit whatever narrative is rolling that week. Yes it’s heavily manipulated.

Actually I’m looking at it. There is some money to be made. Either it dumps to oblivion or the coiling I’m seeing at the end of the all time chart looks to be set to explode. It is what it is. I’ve found that some people in life are just meant to work and some are just meant to exploit others to do their bidding. I’ve been trained on the former rather than the latter. I wish you all the best of luck and prosperous further. No matter how this scam turns out I hope you all can make a buck whilst your in it. I lost my ass and had to pickup the PCs. Now only to be fucked by COVID 19 and an ignorant populace. I thought when you started your own business you were the sole reason it can be fucked up. Well nope. Plenty of external sources via human fuckery to do that for me. It is what it is. What doesn’t kill me makes me stronger. Take care everyone. This should be the last thread I have followed.

73’s
d57heinz
Doug

You've been around since 2014. Which means you could have bought at $155. Did you?

I'm suspecting the answer is still no, since you are for some reason still on this forum and such a negative Nancy.

Personally, I do not expect anyone to either be able to time the bottom or to have enough nerve to buy at anything close to an exact bottom.

However, throughout most of 2015, bitcoin's price spent a lot of time between $220 and $280 - probably something close to 10 months, and of course, later in 2015 and even nearly half of 2016, BTC spent a decent amount of time (probably around 6.5 months) between $370 and $440, and finally, a third opportunity to buy BTC was in mid-to-late 2016 BTC, when BTC dropped right before Bitfinex's supposed hack, yet largely spent most of the time between June and October which would be nearly 5 months between $550 to $700 price range.

So, personally, I would have suggested that buying a meaningful amount of BTC within any of those three opportune time-frames (and surely three price range sets) would have been reasonable for anyone, including even employing some kind of DCA strategies that might not break the bank but would have allowed an accumulation of anywhere between 1% and 10% of investable assets for any forum member who had gotten involved in trying to learn about BTC in 2014.

Sure, may not have "killed it" but even with a $10k investment into bitcoin should have been able to acquire a good 20 BTC or so over those couple of years.. and I remember that some people had goals to achieve 21 BTC in those times, and harder to accomplish such 21BTC these days, and forum members are frequently more than thrilled to have been able to get into double digit BTC wallet accumulation sizes... soon (and maybe there are even many forum members today) forum members will be excited to be in the 1+ bitcoin club.. because it currently can take a decent amount of efforts and focus too achieve a wallet size of 1 BTC plus.