Quote from: Odohu on Today at 11:11:58 AM

Quote from: JayJuanGee on August 21, 2023, 05:15:22 PM

Even though I am saying that I am skeptical, ultimately you are the one who is going to have to make those kinds of planning and/or execution choices and figure out if you actually ended up "backing up the truck" or whatever it was that you were planning to do in order to acquire .00324864 additional BTC. Cheesy

I didn't know when I busted into laughter seeing that you have already allocated numbers to my additional BTC portfolio target. Perhaps I have laid so much emphasis on my "little buys" that made you assume it should around that number Cheesy

Maybe I am too poor; so you can see why the quest for liberation from poverty lead me to this Bitcoin forum. I will do my best so that in the future I will be rich through Bitcoin.

I doubt that I am even imagining that there seems to be a decently long tradition in these here parts of denigrating the size of the stashes of other forum members - in order to attempt to belittle their point(s), and it is not even anything personal.. .just a kind of rhetorical device, not that we even need to get into any of the stash size details, even though sometimes some members do want to put the numbers into a kind of context, and surely if we sometimes might be hypothesizing, we might want to attempt to keep our hypothesis in a kind of range that might seem reasonable for the type of person that we might be attempting to describe.

.so even sometimes the extent of the disposable income can make some differences in terms of how much cash builds up on the side.. and sometimes we might even speculate that guys are working with higher stash levels if they proclaim that they have buy orders down every $500 from $25,500 to $13k, so there might be some speculation that those buy orders have to be at least $20 each.. or maybe several hundred each, so it sometimes can be difficult to determine. .and sure you don't necessarily want to get drawn into over disclosure merely because someone (including yours truly) might be prodding you in a certain direction...

Another thing is that sometimes members will also get caught upon ideas about how poor they are relative to some other people in the world, and surely there are a lot of folks who have a lot of discretionary income that they could easily place between $100 to $1k per week into bitcoin, but they are failing/refusing to take those kinds of steps, and it remains my argument that even the person that might ONLY be putting $10 per week or so into bitcoin, may well end up closing a whole hell of a lot of the gap between his/her own situation when it comes to options that s/he has 10 years or more down the road as compared to the one who currently has a lot of discretionary income but continues to refuse to use some of that to get some bitcoin now.. and that same person might be scrambling to get started in bitcoin in 10 years or so, and the poor guy placing $10 per week into bitcoin already has a 10 year head start, and even if such earlier poor person does not surpass the wealth of the currently well-to-do person, a considerable gap may have ended up being closed. and there are likely also going to be some surpassing cases too.. just hate to suggest that these surpassing scenarios are guaranteed. but we can see how someone who had been putting $10 per week into bitcoin over the past 9 years (about 4 BTC with $4,700 invested) is likely way better off than a lot of his/her peers, and many currently dollar rich, no coiners, will have a lot of difficulties accumulating that quantity of bitcoin - and maybe will never be able to accumulate as many bitcoin as that persistent BTC accumulator.

Of course, the magnitude is likely to be smaller, which is part of the reason that I suggest that someone who might have been skeptical about bitcoin and wanting to be whimpy in his/her BTC investment previously placed $10 per week into bitcoin, since about mid-to-late 2020, I have been suggesting that those same kind of skeptical and/or whimpy beginner bitcoiners start out with $100 per week into bitcoin, and surely we know that some people around the world do not have that level of discretionary income, so they cannot go that high.. but still we are currently in a magnitudes levels higher even though surely bitcoin is likely to continue to perform well, it just may well not be with similar levels of exponentially as earlier (even though some decent expoentialities of 1000x or so do still seem to be quite possible.. just might take 100 or more years to play out, who knows?)