Quote from: OutOfMemory on Today at 12:44:51 AM

Quote from: Biodom on March 19, 2021, 10:44:27 PM

Quote from: OutOfMemory on March 19, 2021, 09:19:15 PM

Quote from: LFC_Bitcoin on March 19, 2021, 08:53:44 PM

Quote from: Arriemoller on March 19, 2021, 08:45:14 PM

Price going down yo!

Every time we get anything close to clear of $59,100.

Hmmmm.

Patience.
We had that before, in February.
Just wait out for the higher magnitude pump that breaks through and lifts the price to around $65k, before we get another little correction.
We're still oh-so-early Wink

Not very early, but 'midterm', maybe, like AMZN from 2008-2010.

I meant early within the scope of this year.

~~That's a pretty whimpy reply, OOM.~~

~~You really believe that it is going to take much more than a week or two to get up to $65k?~~

Oh?

I see that you twos seem to be attempting to refer to a kind of estimation of when the top of this particular peak might be? Or maybe you might be referring to early as in we are going to be having a few peaks before bitcoin might start to level off.

Oh now I am confused.

The fact of the matter does seem to be that even if a lot of normies continue to consider that they are late to bitcoin because it had peaked several times, and it is being bid up by institutions and other kinds of early adopter front runners, normies are still going to likely profit considerably even if they wait for supra $150k, they buy in at $500k or even higher prices. Sure, none of these matters are really guaranteed, and of course, if normies buy in at the top of a cycle, then they might end up feeling a decent amount of pain for three years or perhaps even longer.. maybe even 3-7 years? There is no guarantee that our ability to profit in every single damned 4 year period is going to continue, but just imagine if folks like Saylor, Musk, and some of the relatively BIGGER institutional players end up overhyping this particular cycle into the $1million to $3million range, which surely could cause decent chances for a longer bear market - especially because during the hype cycle (referring to our current one) a bunch of folks start to believe the nonsense about a supercycle and the end of bear markets and blah blah blah.. a lot of that other likely to be shown bullshit, then yeah, the resulting bear market could end up dragging out longer than our previously experienced bear markets that had caused no one to ever lose money so long as they at least held for 3.6 years or something like that.

Quote from: vapourminer on Today at 01:02:14 AM

~58k USD

ZZZZZzzzzzzzzzz

need to rest a bit for that next big run up.

ramen noodle reserves: 67% so looking ok

What do you mean by "rest" vapourminer?

Are you suggesting a decently large price correction from here?

Or are you suggesting some kind of consolidation at the upper end of the price range?''

Could we at least agree upon some kind of parameters? In recent times, I have kind of been considering that any BTC prices that are about within 15% of the most recent local top (in these times, referring to most recent ATH) would be kind of at the top (or damned near) the top of the range.

So in this case, as I type, our most recent top/ATH is $61,782 from about a week ago, which would cause top of the range to be about $52,515 (that's about a 15% correction). I am not exactly caught up upon exact numbers in regards to many of us largely recognizing that our lil fiend can have a broad array of behaviors in terms of depth of correction and how long such corrections might last.. while at the same time each of us are likely better served in appreciating that each cycle is quite likely to play out in slightly different (if not greatly different) ways from previous cycles...

Anyhow, part of my inquisition does seem to try to get your assessment of what you are considering to be "rest" potentialities in terms of the place that our price is at, currently?

By the way, who the hell knows whether your past irresponsibilities are going to allow you to get removed from ramen status in each and every one of these seemingly wee lil price corrections. You seem to be a god damned walking moral hazard, whether you are having boating accidents, losing your keys due to irresponsibility or whatever it is. I am hoping that some day you are able to learn from your mistakes and perhaps acquire enough wee lil fiends to amount to something in life.. beyond ramen. Remember folks, lessons might be learned from vapourminer. Try to strive to accumulate a number of BTC that is in within your grasp... whether that is a fraction of a BTC (these days) are getting up to 1 BTC or even the mindrust example of having had supposedly achieve 10BTC for a few hours before supposedly panic (gambling on down) selling all of them. And, then once you are able to reach your BTC accumulation goals, attempt to safeguard your keys and learn practices that will help you to improve your quality of life, because surely with such great BTC price appreciations in recent times, including our recent 5-6X price appreciations we should be ready willing and able to eat more than ramen. Surely I understand that vapourminer may well be exaggerating a wee tiny bit with his relativism of the ramen example, but still it may well take time to transition into a kind of larger consumption status, and historically bitcoin seems to have allowed many of us to transition into greater consumption abilities, even if there still might be some feelings of needing to conserve some of our consumption inclinations during BTC price dippenings.