Quote from: OutOfMemory on Today at 11:54:07 AM

Quote from: JayJuanGee on Today at 11:21:28 AM

Quote from: OutOfMemory on Today at 10:50:53 AM

Quote from: JayJuanGee on Today at 09:04:35 AM

Quote from: OutOfMemory on Today at 08:52:55 AM

^ considering the long wick of the currently developing weekly candle, bears seem to be in control at the moment.

This seems way too negative, OOM.

We get a wee bit of a slow down of the UPpity, and all of a sudden you conclude that bears are in control. Fuck the bears.. they are not in control of shit.. at this time... at least NOT in bitcoin.

Hold on, JJG. I was argumenting in short term context. Bears "control" that weekly candle.
Mid-term i'm not bearish at all. All the bears can use the infamous length of rusty pipe on the back of themselves, imho Grin

EDIT: Please look at the quotes around "control" (above) Wink

I think that my comments pretty much speak for themselves, even if I did NOT mean anything personal.

Yep. Didn't take anything personal.

Quote

I am trying to make substantive responses in a quasi-public thread attempting to address both broader ways of thinking about questions of where we might be at (price-wise) and where we might be going... and I still doubt that it is helpful to suggest that bears have somehow taken over, even if just referring to short-term.. it is a problematic phraseology.. even if it might end up playing out.. .... in other words, way too soon.. to come to that conclusion.. in my current thinkenings.. as I already largely said in my earlier post.

I agree on "poblematic phraseology". In fact, it's problem oriented, but i didn't want to create the assumption that "bears have taken over", i prolly should have written "bearish moves have more weight at the moment". However, what bears do, on the other hand, is keeping the increasing price down - or delay the constant uptrend we all are observing since weeks/months now. Bears create buying opportunities, mainly for dipseekers, like me. I don't want to seem like somebody who is seeing "bears" positive (or negative). I try to think opportunity-based in this manners.
But yes, when in a hurry, i tend to express myself rather not-so-precise, more often than not.

It is possible that we are getting a bit more into semantics rather than substantive differences, yet in that sense, I do get in frequent battles about phraseology - so it is not meant to be personal in nature.

I do personally try to remove my own wishes, somewhat from my discussions of anticipated price direction, but surely there is likely ongoing bullish skewings in my way of posting, so i do get a bit irritated by down predictions, unless they are couched more delicately.

If you saw some of my earlier posts, I did mention that we have been having so much UPwards BTC price movements without correction, so down movement would almost be inevitable.. even though it is not inevitable to happen now, and it could wait until we go up before down... so surely I would not be surprised by down movement even though we continue to have a decent amount of continued ongoing upwards price pressures.

Quote from: friends1980 on Today at 11:54:50 AM

Quote from: JayJuanGee on Today at 11:21:28 AM

(...)

Hm? So you are saying that you have been meticulous with your household income over the past 3 years, and you have also been buying BTC over the past 3 years but you still were NOT able to get enough lilly fiends? I am not trying to impose the conditions of anyone else upon you.. that's for sure.. so there are likely exceptions and maybe my comment to you was a wee bit too harsh? Perhaps?

I'll be more careful in my smiley selection next time, before I give the impression I actually seriously would love to see BTC price go down to $100 to buy more. Cool

So nope, no regrets here. But buying more at this moment + at the current price is something I would indeed not define as meticulous investment. Would be a different story should market cap continue to increase in the next few days and weeks...

Quote from: JayJuanGee on Today at 11:21:28 AM

you still were NOT able to get enough lilly fiends?

edit: I'll NEVER have enough of those Wink

We might see this a bit different, or probably I am just in a different investing stage in my life.

I started out in bitcoin with already having decent investments in traditional assets, so largely I already had a decent amount of investment funds that I largely just needed to invest into bitcoin (which took me about a year to accomplish to move value from other assets to BTC)... and that was in 2014... so by the time the end of 2014 came along, I already felt like I had enough of a stake that I was prepared for UP.

On the other hand, I do kind of see where you are going with your idea about feeling that you might NOT have enough BTC... So in that regard, for the next couple of years 2015 and 2016 I continued to accumulate on dips and things like that. When the BTC price went shooting up in 2017.. I thereafter did not feel as much compulsion that I needed more BTC, and I think part of the deal was that in 2015 and 2016, I had stocked BTC a bit beyond my authorization of prudence, and when the BTC price went up, the value of the BTC dwarfed my other investments causing me to believe more that I have enough BTC, ... especially relative to my other investments.

So, yeah, there may be some differing comfort levels based on starting points and also based on my having had stacked up earlier than you.. perhaps?