Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
death_wish
on 21/06/2022, 22:51:49 UTC
I agree, mindrust's goal was always to increase his fiat stash and that is the trap he fell into.

[...]

He forgot 1 BTC = 1 BTC and for that he will always be a cautioning tale.

My motive was greed:  Greed for BTC, not for fiat!  How many times need I say that I calculate PnL in BTC?  (Do the TA-junkie wannabe pro traders in WO know what PnL is? Roll Eyes)

One of my favourite price sites, which I have linked several times, is this:  https://usdsat.com/

The inviolate rule of my life is that 1 BTC = 1 BTC.  I have kept that rule sacred.  My problem is that I shorted the dollar; and in the liquidator bot’s opinion, dollars have recently increased in value against BTC.

I have never bought BTC with the intention of “aiming at some high amount of $ per BTC”.  Never!

When I first came to Bitcoin, it was for pure idealism.  I didn’t even want to have money that increased in value—just as long as it didn’t decrease in value like inflationary fiat scrip.  I idealize price-stable money:  My ideal money lets you work for an amount that would buy one loaf of bread today, put the money in your wallet, and then spend it for one loaf of bread next year—or in ten years.  Want more?  Work more.

I did not come to Bitcoin to get rich.  If I had been thinking that way, I would now be rich:  I could have bought a whale-sized chunk for a song, (undisclosed) years ago!






Jesus Christ man take a step back from that fucking keyboard!

Where the fuck in my post did I mention YOU!!!

You replied to OOM, who replied to me and who was discussing me.  I quoted a portion of your post that was relevant to my point; I thought it was well-said, and I sent it a merit.  Your quote is snipped in such a way that makes it seem that I was arguing with you.