Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 22/12/2022, 21:11:37 UTC
You must not understand DCA.

DCA in respect to BTC does not give any shits about short term prices - except perhaps retaining a presumption that in the long term 4-10 years or more (or whatever is your holding timeline) bitcoin is likely to have prices that are higher than they are today, so in that sense that it is likely to be a good investment and profitable in the long term.

Buying on the dip is another dynamic that can be used to supplement DCA.. but it is not DCA... 
No no JJG you got me wrong, I understand DCA and you explained this on WO like how many times? 465? Starting in 2014

So by now I think we on WO should know DCA like palm of our hand Tongue 

Even I personally got some 1-1 JJG DCA Lectures

Hahahaha

I stand by my previous assertion(s), even though you did post some decent evidence regarding how I have redundantly posted about DCA and related matters.... .. but my arguably repetitive posting on the topic does not indicate that anything that I have previously said or done or that I am currently saying has sunk into your noggen.. (no homo)




 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

Hello Wall Observers, glad to be here. Cool

Great poster that Cryptotourist guy, shame he had to go.
I’ll try my best to walk in his shoes.

Oh gawd...  Roll Eyes Roll Eyes Roll Eyes Roll Eyes

I did not say that, and I am not saying that.  The China mining ban is 2021 is an interesting point though in regards to a lot of bitcoin-related matters - but such "ban" did seems to temporarily affect the hashrate in a negative way with a near halvening of the hashrate that largely sprung back within about 4-6 months (and largely sprung back way more quickly than a lot of folks had expected).. .it also seemed to contribute towards already existing miners to have become extremely profitable and inspired a lot of new mining entrance - and perhaps overly leveraging.. and we see some of the fall out from that overleveraging and perhaps even overbuilding today.. ...and it seemed to inspire greater geographical diversity..  .. so yeah of course, BTC price was not unaffected by some of those matters.. but it would likely lead many folks to wrongedly assessments to attempt to hitch whatever various relationships of BTC price to hashrate during that period as if BTC prices were following hashrate.. but hey, believe whatevers you would like.. those are your choices.

Do you always use this many words to claim the obvious?
Hashrate affects the price - not the other way round - period.

There's no formula.

I use however many words, if any, within my plenary discretion... you plenary retard.

Aren't you Mr. Wonderful and such a genius too?
If you thought Cryptotourist was such a great guy, just wait till we get acquainted.

please don't.. I am shaking in my boots.

Who cares whether you were right or not about the "scamdemic?"  For argument sake, let's assume that you were right about the "scamedemic from day one", as you put it.   You are trying to argue that if you happen to be right about one topic, then all of a sudden you are right (or an expert) on all topics.  That makes a lot of sense.
First things first, it’s scamdemic without the brackets.
I by no means claim to be expert on anything, but I always - and constantly - do my own research, instead of believing useful idiots such as yourself.

I am very proud of uie-pooie.  I'm considering sending a note to your grandma to have her deliver you more cookies and milk.


As a reward.. in case you did not understand.

Is your dog friendly?  Or mean like you?
My dog is one of the friendliest dogs alive, apparently like Cryptotourist’s dog too.
BTW, I don’t think he was mean, he just had zero tolerance for bullshit, especially coming from wordy AI’s. Wink

May Cryptotourist live on.  If ONLY there were a way?



Merry Christmas to everyone who has held steadfast to their Bitcoins. We keep hodling  Wink

Image source: https://news.bitcoin.com/christmas-bitcoin-memes-crypto-graphics-phneep/
Bitcoin prices are likely to rise appropriately this Christmas Day.  Because that's the holding opportunity $16783 bitcoin price.  Since 2022, Bitcoin price has fallen by -65.44% as of today, December 22nd.  This market will fully recover at one time.  Because the Bitcoin market will never stop its price will increase but on this Christmas Day the price of Bitcoin will exceed 20k dollars.  But we can never miss this opportunity, now we just have to hold.  It is certain that if you hold, the market will recover.  But opportunities to invest do not always come the only opportunity is to invest for long term.

There may well be some member here to take the other side of that bet.

BTC


What does it mean?