Quote from: savetherainforest on July 18, 2024, 09:25:58 PM

The issue is not with communism, it is with people actually. People are corrupt and will eventually try to cut the line & corners. True pure communism will be when AI gets implemented and u won't have any power against the rules that you need to obey. To be honest, full communism is not advised. But! Smaller closed system withing a capitalistic system has a thriving possibility for the 'communistic mechanics' of the ideology itself. Roll Eyes

Look who the cat drug in.

Shocked

Quote from: nanobtc on July 19, 2024, 04:53:38 AM

Hi all, long time no log. Glad to see old and new ppl here.

I am mostly well, fugged up my knee in a minor car accident. Lost most of my BTC on an 'inside job' at a cloud provider. FBI does not seem to be very interested.

Gox should hopefully give me a pittance of what I once had.

If I had lost most of my BTC (or maybe more than 2/3 of it), then I probably would begin DCA accumulating around $100 per week. Of course, the devil is in the details in regards to how much BTC is remaining and other personal factors. I know folks who lost very large portions of their BTC, yet if they still hold through some of the price appreciation periods, their seemingly large loss does not end up dragging them down too much, so long as they mostly continue to hold the remaining.

Many of us likely realize that a relatively low amount of BTC might still go a pretty long way, but yeah, I understand the other side of the argument too... and for anyone who might want to go back into BTC accumulation, that may well be difficult if there is no longer much if any disposable income, including once one get's into their elderly years, so it might no longer make any sense to invest, and you have what you have and you are largely living off what you have and/or in a kind of liquidation phase rather than either an accumulation phase or even a maintenance phase.. so sometimes it might become impractical to go back into BTC accumulation, even if large portions of your stash had gotten prematurely depleted.

Quote from: LFC_Bitcoin on July 19, 2024, 04:08:41 PM

@CryptoJelleNL
Back on home soil after a week of grass touching.

Market looks strong & ready for another attempt at making new all-time highs.

Eyes on $72,000 -- once we're past that, I don't see the #Bitcoin train stopping anytime soon.

https://x.com/cryptojellenl/status/1814326670230208877
$66,000 nice !

Surely, it is possible that a bit of punishment mode is going on, especially for those who did not believe sub $60k prices were cheap enough to stack up some cornz, and too busy believing the MTGOX baloney.

How's that MTGOX going for you guys waiting for $40ks? Not as you expected, right? You should have had been buying rather than either selling or waiting for lower prices - when fairly often through out the history of dee cornz we have already found out that waiting is not a very great strategy, especially for the many (perhaps overwhelming number of) folks who are not sufficiently/adequately stacked up and prepared for up... Many of them tend to be too busy waiting for DOWNity that does not end up happening.

Quote from: OgNasty on July 19, 2024, 10:23:22 PM

Quote from: OgNasty on July 05, 2024, 04:40:56 AM

I did pick up a little on this dip

Man, I got really lucky grabbing the bottom. Sold it today. I guess we’ll see what happens next…
(Am I a trader now, or traitor?)

Both.

It does not seem very smart trading this range, but hey? what do I know?

I already have a system that buys on the way down and sells on the way up, but I am largely ONLY dealing with relatively small portions of my BTC stash in any doubling (or halving) of BTC's prices, which means that more than 95% of my stash is staying in place for any 100% change in price;... It sounds like I am trading a lot.. but it does not add up to very much. So as an example, I have about 3.5% of my BTC set in sell orders up to $150k... and so what is that? 2.25x...

Quote from: OgNasty on July 19, 2024, 10:23:22 PM

Will Trump send us to $500K?

Single cause explanations are not healthy, and likely not accurate, but hey you seem to love various single-cause explanations.

Quote from: OgNasty on July 19, 2024, 10:23:22 PM

Will mtgox crash us to $38K? Will both happen? Will my Cybertruck catch fire and rust away to nothing a week after I buy it? Who knows? Not me.

You have already demonstrated that you don't know too much. #justsaying

Cheesy