Quote from: cAPSLOCK on Today at 03:07:00 PM

Quote from: Richy_T on August 02, 2021, 09:21:49 PM

Quote from: JayJuanGee on August 02, 2021, 08:37:25 PM

On the other hand, I do agree with his overall view about bitcoin being a long term play.. and also his overall perception that bitcoin is going to go up forever, Laura.. but there might be some decently long periods of downity between some of the periods of UPpity.

Yes. Though I lean more towards an s-curve. I just think anyone that gives any weight to twitter is making a mistake.

Agree on both of these points.

It surprises me that the S-Curve idea seems to be a teeny minority position. People are much more apt to believe it is going to keep following the 4 year S2F pattern. And if they discount that they tend to think it will do the "just goes up" version. Very few people seem to think that it will have a really big runup in the middle of all that.

It's slightly cynical, but these things tend to catch people off guard. And I think the traders and the people who think just gently DCAing will miss a lot of the move just because it will be fast. And lot's of folks will sell on the way up with the intention to buy the pop and never recover but a fraction what they sell.

The max pain theory really does support the idea that it moves up fast one big time.

But who knows? I will be ready for any version, lol.

And yeah. Twitter is a mess.

I understand why you are tending to put these models in categories as if it has to be one model or another.

Part of the exponential s-curve adoption theory remains that it may well be difficult to appreciate or understand while in the midst of it, and even if it his happening for several cycles, it might be difficult to see or appreciate, even though it is in the midst of happening, along with 50% to 85% price corrections in the midst of it all.

In other words, stock to flow, four year fractal and exponential s-curve adoption can all be happening at the same time and putting ongoing UPpity price pressures upon our wwwwweeeeeeeeeee king daddy... even while continuing to have decently severe price corrections along the way.. yeah sure, severe for those who got in at the end of the latest price surge, but not necessarily severe at all for the longer term holders.. we have seen time and time again that a 85% price correction can happen and end up still 3x to 10x in profits merely from the lower arena of the earlier price cycle.. and sure maybe 85% corrections will become way less likely and maybe we ONLY get to 70% or whatever, but who cares? the volatility becomes less and less over time, but when we are in the midst of it and still in the relatively early stages, there is no need to completely discount them from discontinuing in occurring, even if they may well suddenly become a thing of the past.

Better get some BTC now, cAPSLOCK.. you bear.. in case it might catch on. Wink

Quote from: xhomerx10 on Today at 03:08:35 PM

Quote from: Biodom on Today at 02:47:39 PM

link from Drudge:
https://metro.co.uk/2021/08/03/people-recovering-from-covid-may-have-substantial-drop-in-intelligence-15030236/

Anecdotally, at least two recovered people who were hospitalized with covid told me that they are in a mental fog several months after release with memory being significantly affected.
This sucks.

Re bitcoin-I feel that if "they" would not allow bitcoin to blossom, we would end up like 20ies Germany, Venezuela and Zimbabwe.
A clear fork in the road. Some want to take the road that leads to hyperinflation. We should take the other path and take as many people as possible with us.

Covid19 commonly results in dehydration which has serious effects on your cognitive abilities. Also, as people age their sense of thirst is diminished so by the time they feel thirsty, they're already dehydrated. This is one of the things I have to watch for this in my elderly parents and it upsets me every time I have to take them out for something since they purposely won't drink fluids the morning of because they're afraid they might have to pee while they're out.

Whether you have heart problems or not, doctors start looking for reasons to put peeps on statins in their 40s, and water pills in their 60s.. and sure we cannot forget about some of the diabetes medicines and considerations that may well end up throwing off some hydration matters... and furthermore, salt restrictions come pretty early too.. perhaps too early, and if there is some kind of health issue, there become more and more medical concerns that are expressed so some people concern themselves a quite a bit about water retention and may well end up inadvertently dehydrating their lil selfies.

Quote from: xhomerx10 on Today at 03:08:35 PM

edit: Case in point - last month I had to take dad for physio and he asked me, "How would you buy Doge?" and I said "You wouldn't! Drink some water please."

Nice mix of topics, and surely we know that peeps asking about various shitcoins may well be in a kind of state of delusion.. what the fuck, a pretty damned decent friend of mine, who I had been telling about bitcoin since 2014-ish and she finally said that she was considering researching the matter and taking my DCA advices.. and she said that she can appreciate that she would not be in such a bad position right now (financially) if she had followed a fairly modest version of my advice back then (not that I like to characterize my various insistences as "giving advice"). I sent her some quasi-beginner articles to look at, and her first question before even reading one article was "what about Cardano?" what do I think about that? Oh gawd.,. she needs to drink some water too... fuck..