Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Depends on your own personal journey and its development. I for one think that we should all feel like special snowflakes and be appreciative that we have meet and have our little group-nest-thingy here to troll the unaware sheeple that read these mighty threads. I for one knew of Bitcoin in January-February 2010, but did nothing about it, because it took me at least till 2011-2012 to understand it, not because I didn't understood in 2010, but because I didn't believed in it and was skeptical of it like of some magical 'Ad campaign' from some unknown entity that wanted to profit from the gullible many. (But I was not optimistic enough back then, and I didn't buy at 0.01$ or 0.1$, I had to wait a few years, then it went to $1100-1200$ and I had to wait a few more years, till I could start buying in at 200$, at that point I didn't care if it went to 0 or almost nothing, but I just wanted a piece of the future as limited as it was.)
Anyway.... now I'm into 'quantum-coins' I call them. The ones that are so tiny, that are not even listed anywhere. I still believe in Bitcoin, I hold like 10% < > 80% depending on the market swings. But I moved on to other affairs. So I guess 'Yes', it is another way of dealing with things, and feeling 'the chosen ones' from one endeavor to another. But as I experienced, the best things always come from the "honesty of into the believe", and I describe this honesty of belief concept as that time when you take into consideration your own beliefs, the beliefs of others, the future others and God, then decide to believe in that concept and invest your 'efforts' into it. So I guess.... its kinda like asking the blessing of the Universe to let you apply its own way of being.
Anyway.... now I'm into 'quantum-coins' I call them. The ones that are so tiny, that are not even listed anywhere. I still believe in Bitcoin, I hold like 10% < > 80% depending on the market swings. But I moved on to other affairs. So I guess 'Yes', it is another way of dealing with things, and feeling 'the chosen ones' from one endeavor to another. But as I experienced, the best things always come from the "honesty of into the believe", and I describe this honesty of belief concept as that time when you take into consideration your own beliefs, the beliefs of others, the future others and God, then decide to believe in that concept and invest your 'efforts' into it. So I guess.... its kinda like asking the blessing of the Universe to let you apply its own way of being.
Yes... you do seem quite distracted....,
How did you do it without giving up your keys?
Yup, had to give them up. IMO, the market has matured. We're no longer in the Gox era of amateur custodians, and the rewards of a low-interest loan and/or interest-bearing savings outweigh the risks for *part* of my stash. The bulk stays in cold wallet. DYOR.
good move, but I will wait a bit.
Wait for what?
You guys - parting with your coins for a fiat loan, instead of market selling and market buying back - constitutes the end of BTC as we know it.
Not my cup of tea.
That said, I do hope you get them back.
Taking out a loan,
is-what-is wrong with this world,
bitcoin fixes that.
#haiku
I hate to be agreeing with cryptotourist twat... I mean.. that's not name calling is it?
Anyhow, there is a fairly decent point that putting coins into the hands of others might not be a good idea under current market conditions, unless for example Biodom might be waiting for $1million or $10million per coin has he had said earlier.. then his 20 coins would be worth $200 million and perhaps he is just putting a small percentage of his overall holdings up as collateral.. and sure hopefully he is not going to be tricked out of his coins.. and the lending/collateral market might begin to value bitcoin a bit better in terms of the best asset class and maybe even allow for some bargaining power of the bitcoin HODLer to set his loan terms... perhaps? perhaps?