Quote from: OgNasty on Today at 05:18:31 AM

Quote from: Hhampuz on Today at 03:21:54 AM

It's fun to see the bears come out on the weekend and try to be cute only to go back in hiding come Monday. Pathetic.

I don’t think the bears came out as much as Saylor’s billion dollar buy sent it upwards previously. I fear he may have already made his $500,000,000 buy as well since he did his last one over the weekend. Monday could be a bloodbath as a result, but it’s probably important to get BTC out of the weak hands that purchased just for quick gains because it was rising.

You mean that other BIG players are going to dump on Saylor just to attempt to "teach him a lesson?"

I have my doubts on that kind of theory, especially since it is likely the case that the ETF providers are still onboarding newbies, so they don't really have any incentive to allow the BTC price to dip too muchedly.

So perhaps Jaime Diamond and some of his buddies are going to be the losers in this if they are actually continuing to bet against bitcoin in any more than mere rhetorical ways. In other words, if Jaime Diamond and the other bitcoin haters actually put their money where there mouth is and they bet against bitcoin, they are likely going to be the ones who actually get reckt in meaningful ways, so I am not sure if they are really willing to play that card and to bet against bitcoin, especially when it is in the midst of no man's land and also with other current circumstances that are ongoingly causing UPpity price dynamics (and perhaps momentum?) on dee cornz.

Quote from: AlcoHoDL on Today at 05:27:11 AM

Quote from: JayJuanGee on March 16, 2024, 09:03:16 PM

[edited out]

I agree with what you're saying, and you are describing my situation quite accurately. The thing is, I have reached a stage where I have enough BTC (even though the amount may be considered quite low for many WOers' standards) that I don't feel I need to buy more, and I also have enough fiat to use for everyday expenses and to sustain a good lifestyle. And new fiat keeps coming in every month. So, why should I shave off from my BTC stash?

Ok. that all makes sense. You are in that kind of limbo part of your bitcoin journey in which you mostly have enough.

Quote from: AlcoHoDL on Today at 05:27:11 AM

Yet, I still feel a psychological need to shave off small amounts (a few thousand dollars every now and then), just to enjoy using them for the fun of it. Buying things, traveling, doing fun stuff. And yes, I do feel I still have plenty left, even to the point of not being able to live long enough to really spend them all. It's a strange feeling actually, when you consider that I don't generally have the need to buy luxury stuff. I drive a Toyota and really love it.

The Lexus is the luxury version of the Toyota..

Quote from: AlcoHoDL on Today at 05:27:11 AM

I would not go near a Ferrari or Lambo, even if you gifted it to me. Having said that, there are many very expensive things that I'd like to own, that would not appeal to most people.

I don't think there's anything wrong with Saylor. His material needs are satisfied many lifetimes over, with his fiat inflows. His Bitcoin stash may be serving a higher purpose for him. Perhaps, he envisions a time when Bitcoin will give him absolute control and dominance over things that go beyond personal material needs. Come to think of it, this last part doesn't sound very healthy to me, but being a multi-billionaire, and fueled by the very realistic, even near-certain prospect of Bitcoin's multi-magnitude price appreciation, can elevate one's grandiosity to extreme levels. So, maybe you're right in that there is something "wrong" with him. He seems very likable when he talks, and it's fun to read about his BTC purchases. Those laser eyes... Looking forward to putting mine back on when price surpasses $100k.

He does seem likable, and it could be that he is just battling with guys like Jaime Diamond.

Quote from: AlcoHoDL on Today at 05:27:11 AM

BTW, my take on "we" is that, deep down, it's always royal...

Maybe I can stop specifying then? When using it (we), frequently it just seems a bit ambiguous.

Quote from: Pandorak on Today at 06:44:36 AM

The index is still showing levels at "extreme greed", can we expect a reversal to $70,000 in the next few days?

Yes.

Quote from: tertius993 on Today at 07:15:14 AM

Quote from: Pandorak on Today at 06:44:36 AM

The index is still showing levels at "extreme greed", can we expect a reversal to $70,000 in the next few days?

I think we migbt see <$60k before we see $70k.

Whoaza!!! That surely comes off as bettable.

Quote from: gallianooo on Today at 08:59:51 AM

Quote from: Gachapin on March 16, 2024, 08:12:01 PM

we haven't even reached the 2021 ATH when corrected for inflation. plenty of upside left

we even don't have weekly candle above previous ATH.. maybe need some correction/consolidations before really pass it.

Sounds like very wishful thinking to this here cat... which just seems like a way to lose money by either selling too many cornz too soon or failing/refusing to buy enough to prepare ur lil selfie for UPpity.