Quote from: El duderino_ on Today at 02:20:15 PM

Quote from: NeuroticFish on Today at 12:58:48 PM

Quote from: philipma1957 on December 29, 2023, 06:10:10 PM

hmm maybe some cheap corn on the way.

It would not be first New Year's this happens.

All the news tend to make everything look overly bullish, but you never know and it doesn't hurt to be prepared, just in case..

I guess the OG’s are prepared…

But define prepared… is just the knowledge to know hodling is the only thing needs to been done classifies as “being prepared” ?

Buying too... or spend and replace.

Sometimes there could be some cases in which 6-7 years could be enough to be prepared.. looking at your mid-2017 forum registration date (el dude), yet it seems that I meet so many forum members who have not really been able to prepare in that amount of time, including that maybe they spent some time in shitcoins or trading bitcoin, so they may well did not end up stacking very many sats, whether that would have been in pre-$3k 2017 or even during the 2018, 2019 and 2020 lows that we might say that we spent a decently large amount of time between $6k and $10k.. and yeah some periods of even greater bargains down to the lower $3k, but those were not very common times to be able to get coins below $4,500, even in 2018, 2019 and 2020.

In traditional investment circles, it can take 30-40 years or even longer to get to entry-level fuck you status, and surely a lot of folks do not even get there because their value is sucked up into the depreciating currencies, so whatever they invest into does not end up going up enough in order to both make up for the debasement of the currency, but also to make up for the fact that they might not have been investing / saving as much as they should have been. So even investing 10% per year takes 10 years to get to 1 year of salary invested, and sure, if anyone is able to do 30%, then the time line to invest one year's salary is less than 3 years... but many folks are not able to be that 30%-ish level of aggressiveness in their savings/investments.

Anyhow? what's my point?

I think that I would not consider it to be unusual for guys still to need a couple of cycles to really have enough BTC, and so there are likely enough guys who are in the one to two cycles arena who are still buying BTC, even if that might still be bringing up their average cost per BTC.

One of the ways around the need to continue to stack would be for guys who were able to lump sum in, and I would not assume that to have had been the case for someone unless he might have mentioned something like that, or maybe implied it by some of his behaviors in which he might have been stocking / stacking more BIGGEDly than a typical newbie... which surely is not that unusual because we do have people at various points of their life coming to BTC, and in these future times, many of them might be coming through ETFs, so surely it could take a while for many of them to recognize/appreciate some of the value and powers of holding your own BTC.. .. not that the holder of BTC always recognizes that value either, if he might be holding a lot on exchanges or even some guys might sell some of their BTC so that they can get BTC price exposure through their "tax privileged funds" namely buying into the spot BTFs which could take a while to figure out as being an inferior product (as compared to actually holding a decent amount of actual BTC).

Quote from: vapourminer on Today at 02:43:08 PM

Quote from: El duderino_ on Today at 02:20:15 PM

Quote from: NeuroticFish on Today at 12:58:48 PM

Quote from: philipma1957 on December 29, 2023, 06:10:10 PM

hmm maybe some cheap corn on the way.

It would not be first New Year's this happens.

All the news tend to make everything look overly bullish, but you never know and it doesn't hurt to be prepared, just in case..

I guess the OG’s are prepared…

But define prepared… is just the knowledge to know hodling is the only thing needs to been done classifies as “being prepared” ?

fees may go stupid high if theres a stampede so pre position any assets you think may want fast access to. course thats the not yer keys etc so i put enough out to be useful if all goes well, but not enough to get rekt if its "hacked" or whatever. just mighty annoyed.

Kind of feeling more and more like an attack - especially how long it is being sustained.. and especially on poor people and people who might be new and skiddish about transacting directly on bitcoin... but yeah, hard to point to the exact evidence of such suspected attack .. beyond a kind of feeling.. .

which doesn't hurt as much the holders with a lot of coins or even rich people who may well buy their BTC in higher quantities and be more than willing to pay the transaction fees to move around their coins.