Post
Topic
Board Speculation
Merits 3 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 07/12/2022, 18:00:58 UTC
⭐ Merited by fillippone (3)
I had the same dream. Bitcoin price fell to under a few dollars for a few minutes. The dream quickly became a nightmare when I tried to buy the dip but my internet kept failing, my password kept getting rejected and my computer kept lagging. And as I kept trying to press the buy button, Bitcoin shot 70k, 80k, 90k and over 100k. I had no chance of buying.  Cry

Ever wake up, angry at the world?  Angry
I read this and it almost felt so real like I was experiencing it with you in real time. It brings back memories of times when my laptop computer would freeze while trying to make a purchase on an ecommerce website. I would say that people who would be most pained are those who are waiting for bitcoin to dip below 10k before they buy only to wake up and discover that bitcoin is now 30k plus.

It seems pretty strange that in late 2020, even a billionaire like Michael Saylor had described the feeling of NOT having enough BTC, even though in his early days of buying BTC, he was buying 10k+ BTC at a time.  In the very first purchases, he bought around 17k BTC for himself and his company bought around 30k, and now his company is up to around 130k BTC, and likely he is starting to feel that he has enough.. I hate to speak for Saylor because he does seem to be a bit of a different cat, even though he had described a phenomena that seems to exist with many of us who have those feelings of NOT having enough BTC that are likely stronger in the earlier days of stacking of sats.. and for me, I believe that I had that feeling for my first 3 years of stacking from about late 2013 to early 2017.. and there were a couple of points in which I perceptively felt less and less pressure.. like I had enough.. but they were stages, neither absolute nor fixed feelings.

By the way, I understand why some of the prominent folks in BTC will frequently proclaim that "you can never have enough BTC," and I tend to think differently about the matter, even though I understand that some people want more and more and more.. and maybe they are justified in that... those are somewhat discretionary perspectives in regards, to what kind of a status that is expected, and some of the considerations may well be age and ambitions and sometimes there also might be some legacy-creation type ambitions. which surely are understandable how people are going to vary in these kinds of considerations.

I just saw CB got six (!) in a row, so we reached the bottom now for sure, no?  Cheesy

No.

Staff representatives at the European Central Bank are disappointed that a planned pay rise doesn’t make up for inflation that’s currently five times the official 2% target.
I am tempted to recommend them to dca into BTC, but I am not sure how well that advice would be received.

Just do it... as Nike say theywould.