There is no one right answer.. even if we might plot out on paper (or on an Excel spreadsheet) that we could do x, y or z and we can project out how those various courses of action (or different paths) might play out for the various possible directions of the BTC price. If we have an Excel spreadsheet we can duplicate the tabs and then change a few variables within or even set up the Excel spreadsheet in a way that we change one reference box, such as projected percentage of price change, changes in new allocation/buy amounts over time or even changes in the timeline - though I usually like to preestablish the timeline, but sometimes there could be reasons to attempt to assess based on weekly, monthly, quarterly, yearly or multiple years, and sometimes more details can be helpful and other times more details might get in the way - depending on what you might be trying to assess.
That’s a good idea actually.
it does not seem to be very liquid in a lot of places and has other issues.. so I consider it as mostly a distraction to overall bigger issue (rather than edge case) points that I am wanting to discuss here.
True, this shouldn’t be underestimated.
Fuck gold.
Amen.
In other words, I am not suggesting getting in and out of bitcoin while in BTC accumulating stages.. and surely many folks are stuck in BTC accumulation stages for a long time before they even get to maintenance or liquidation stages/ concerns... or at least that is the approach that I believe that I am suggesting through the various angles and topics of this thread.. It seems to me that if you get through achieving your BTC accumulation target levels, then it may well become more clear regarding how to start to employing maintenance and liquidation strategies, but I doubt it is good for me to assume that you (tadamichi) have even reached accumulation goals in btc yet, right?
I just got a little off topic, sorry for this, yeah im still in accumulation dcaing and buying dips. I was able to double my holdings during this crash. No cash flow issues whatsoever at the moment, and i plan ahead to invest. There’s no possible scenario in which i would need to get my holdings out, because i account for this beforehand.
and I am not really very clear about how you get to the "force to invest" angle
It was off topic, i meant when the money is this inflationary, it kinda makes it necessary for people to invest or gamble, because otherwise they already lost, if they do nothing. So Bitcoin could actually help here in the long term, because it removes this necessity for the average person.
but bitcoins themselves are not distributed to everyone except that anyone can buy bitcoin and even in small fragments, and at the same time, the earlier actors are going to be able to buy more bitcoin at a lower price than the those who come to bitcoin later. though everyone will still benefit from the fair system.
Yes, but think about government subsidies work now, they basically pick a small group that they will be giving money to. It never reaches everyone and most of the time doesn’t reach the people who really need it, but still makes everyones money worth slightly less, if they used the printer for this. Doesn’t lost coins kinda work like a subsidy that is distributed perfectly equal? Everyone actually benefits from this, on a societal level this could mean a lot, because these are challenges that weren’t solved yet. But note this is off topic and just relevant for a Bitcoin standard far into the future. And it doesn’t negate the points you made, they’re correct.
Sure. I agree with all of this. There are some segments of society who disproportionately advantage from the various current unfairnesses that are built into the overall debt and money printing system, and even though the whole society is going to advantage from having more money, those who are receiving disproportionate benefits will perceive themselves to be losing from the new fair system and are likely to fight the new system more.. even though probably if push comes to shove, they do not really have any solid argument against the new system except that they had been getting disproportionate advocates to the old system.. They can still advantage from the new system, if they reallocate into bitcoin, but they will probably fight for a decent amount of time before reallocating into bitcoin... but everyone is likely going to be forced to reallocate into bitcoin sooner or later, even i f it could take 50-200 years to play out.
Yeah, the advantage here is the longer they wait out, the less coins will be left for them, removing more of their influence in the new system. The other advantage is that the old system disadvantaged so many people, that it plays into Bitcoins hand, there’s no need for them to stay loyal to the people that exploited them and for a system that leaves them with nothing.
I doubt that bitcoin is going to resolve all injustices, and maybe not even resolve all monetary-related injustices, but surely it seems to be a step in the right direction that happens to be quite ingenuous at the same time. In other words, it seems quite amazing that the ongoing potential for increasing and advancing sound and fair money exists and also allows for potential for ongoing peaceful further transition into such system of increased adoption and increased usage too (it has already happened, continues to happen and likely will continue to happen, too... if you know the Ron Paul meme "it's happening".. hahahahaha.. it is already happening.. hahahaha);.. So for sure it seems that bitcoin makes better incentives in the world around money matters.
Bringing justice will always take work, Bitcoin doesn’t remove that burden from us, but this is the first time the money problem can actually be fixed, this is huge.