Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Good Evening WO,
Just another Speculation in Speculation board.
What if $LTC is ahead of the time in terms of price action as compared to $BTC?
Would love to know your views on this one.
Just another Speculation in Speculation board.
What if $LTC is ahead of the time in terms of price action as compared to $BTC?
Would love to know your views on this one.
What if
NOT
LTC just got dumped from some exchanges due to the privacy issue. BTC doesn't have this issue.
Ah, that does make sense. What if something in BTC becomes an issue later on? What do you think about that.
What if
NOT
My condescension towards the psychotics who still cling to the myth of the 200 WMA “cycle bottom” is now impatient, and outright contumelious.
ONLY you seem to have had that issue.... well you and the other degen gamblers.. so yeah, you are not alone.. just that most of them are not saying anything about their failure to properly manage risk fuck up.
Now, in 2022, I have been musing on the possibility that there may be regional, perhaps even some national housing market bubbles, as capital fleeing inflation has ballooned housing prices. It will be fun when those pop. Well, not fun for those who wind up homeless.
Maybe leverage your stocks to buy BTC? The stock market has been only a casino for most of the past century—ever since (a) the managerial revolution resulted in irresponsible executives, and (b) the market transitioned from a place to buy and hold for income from dividends, to a near-Ponzi-tier market for mere price speculation. Anyone who owns stocks is a degenerate gambler, masquerading as an “investor”. So, have at it!
Maybe leverage your stocks to buy BTC? The stock market has been only a casino for most of the past century—ever since (a) the managerial revolution resulted in irresponsible executives, and (b) the market transitioned from a place to buy and hold for income from dividends, to a near-Ponzi-tier market for mere price speculation. Anyone who owns stocks is a degenerate gambler, masquerading as an “investor”. So, have at it!
There is nothing wrong with having value in assets other than bitcoin and dollars, and there are a lot of ways to attempt to balance such allocations - surely not easy because people do not tend to have very many investments beyond their house, and other people have 401ks and they frequently do not even get the benefits of at least getting their employer match... if their employer happens to match contributions up to a certain point.
Or are you actually Michael Saylor? He does have enough assets to survive a BTC drop all the way to zero. He is probably not feeling very good about his debt-backed BTC purchases. But at least, he will be fine.
If we just look strictly at Saylor/MSTR's cost per BTC, Saylor seems to be around 33% down currently (if we use $30k-ish as his average cost per BTC). I doubt that is enough to really cause any kind of major concern.. but yeah of course, it is likely better to have the asset/investment (BTC in this case) going up rather than down..
A lot of peeps seem to project (whether implied or explicit) Saylor/MSTR in terms of being in more pain than they are actually likely to be feeling.
By the way, if you want to talk about some entity that is feeling some DOWNity price pressure pains, it seems that Coinbase is likely feeling a decent amount of pain now, and Saylor is no degenerate/shitcoiner/lack of focused twat like Coinbase.. that's for sure.. hahahahaha