Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
death_wish
on 03/06/2022, 00:20:09 UTC
⭐ Merited by Hueristic (1)
@death_wish: "deathwish" is a skateboard brand,

Oh, really?

I have been planning to open a new cryptocurrency exchange, which allows only margin trading:  The Death Wish Exchange (DWEX).  It will be a DEX on Solana—because Solana becomes unreliable under heavy load, such as occurs from high tx volume every time that Bitcoin dips.  I will then program a high-performance liquidator bot called grim_reaper to scoop up cheap discount bitcoins from people who can’t even make deposits to save their accounts.  (Search the Web; there are many complaints from Solana users who got liquidated by highly tuned bots while struggling to make deposits.)

Hey, I’ve got to make myself some BTC somehow!

I have received spam from exchanges offering incentives to start trading on margin.  Now, you gave me a new idea:  Death Wish traders with leveraged longs who lose at least 0.1 BTC get a free Deathwish-brand skateboard with wheels doused in WD-40.  Those who lose at least 1 BTC get free cyanide capsules, plus a pearl-handled pistol for backup.  For those who lose at least 10 BTC, I’ll throw in a free tombstone.  And so forth...  Lose at least 1000 BTC, and you’ll get your very own customized, personalized Death Wish brand mausoleum!

When the market crashes, incentives to increase long leverage will be offered during the dead cat bounce.

Hmmm...  Need some incentives to short.  To start with, those who get rekt shorting Bitcoin at high leverage will get free llama tattoos on their foreheads.

but if you ever have the chance, change your forum nick to "inner_peace",

For the past few days, as I’ve started to discuss topics other than my margin wreckage, I have been thinking to switch names one way or another.  I have not yet done so, for reasons that will be more apparent if/when I do.  “If or when.”  We’ll see...

You don't need to be rich to be happy, yourz knowz?  Grin

After many years of telling myself something like that, I started to have some serious regrets about that kind of thinking.  I think Bitcoin, I talk Bitcoin...  I started to say to myself, I want me some more of those bitcoins.  It got to me.  And I suddenly flipped from being too non-greedy, too patient—to being stupidly greedy, too impatient.  I swung straight from one extreme to the other.

That is why I tried margin.

Food for thought.

I think that I should try more rational means of being a moneymaking mercenary capitalist.