Quote from: Leahized on August 13, 2024, 11:38:43 AM

Is it necessary to buy Bitcoin to change life?

what i should do

i did

Buying something while having 50k, in future btc will hit 100k from which double profit will come.
Bitcoiner

Well, you've been registered on the forum for 11-ish months.

Most likely you have to spend 4-10 years or more in bitcoin to really feel the benefits of getting into or being in bitcoin rather than considering if you might get a quick 2x in terms of fiat from whatever bitcoin you have happened to have accumulated to date..

Of course, if you front load your investment, then you might well consider that you have more options of getting in and getting out of the cornz (though that seems like a inferior of thinking about the cornz) or maybe you just put quite a bit of value into bitcoin from the start (so you lump sum front-loaded into BTC).. or even if you DCA over a period of time, that can be another way of getting a considerable position in BTC (whether you are aggressive or not or you might wait for appreciation that may or may not end up coming), then maybe at some point down the road you might see appreciation in your BTC holdings, and you might consider the employment of some kinds of sustainable withdrawal techniques whether they might be price based and/or time based.

Nothing wrong with sustainable withdrawal, though I do find something wrong with your considering that 2x profits or whatever you are talking about to be anything meaningfully motivating in regards to why a guy might want to be in bitcoin in the first place.

You do what you want, yet we have a lot of examples, historically in bitcoin, of guys being too smart for their own good when it came to their bitcoin management, and they ended up selling way too many coins too soon. Is that your plan? Oh and by the way sometimes they don't even plan it, because they think they are being smarter than everyone else and they end up psychologically trapping themselves into being a low coiner or a low coiner when thy could have been a bitcoiner with options.

Quote from: OgNasty on August 13, 2024, 03:54:51 PM

Quote from: bitebits on August 12, 2024, 08:11:52 PM

Guys, we got passed EmptyGox without barely an abrasion. It has been hanging over the market for 10+ years and I have lost count how many times some Gox FUD has hammered the price down during the decade. That page has turned now, forever. Hugely bullish.

LOL. You “gox didn’t matter” people are so delusional. The price went from $73K to $49K during the most bullish inflow period in Bitcoin’s history in expectation of the event and now we’re still 20% off the high as the market tries to work through what is happening and those who stepped up to save the market at $49K are able to liquidate and take profit.

Gox coins caused the BTC price to go from $70k-ish to $49.6k-ish?

You seem a wee bit selective in your attempt to spin what happened and what is happening in regards to the cornz and/or its price dynamics.

But hey whatever, you do what you like. Hopefully not too many folks are putting too much weight into your assessments, to the extent such assessments matter anyhow.

Quote from: OgNasty on August 13, 2024, 03:54:51 PM

If it wasn’t for gox we’d be 50% higher right now and when they’re done with the distributions we’re going to take off.

50% higher.. .. $85k-$90k-ish? Wow. you are so insightful regarding where "we would have been."

Quote from: OgNasty on August 13, 2024, 03:54:51 PM

No point in pretending the market shrugged it off.

Who is pretending? And how much does any of these up and downs really matter? Are you in or not?

Even though in this forum, and likely in this thread we have a decent representation of guys who already have a decent quantity of coin, yet most of the world's population is far from being in, even though we have continued onboarding through the BTC spot ETFs in recent times.. including that many of the ETFs are ongoingly expanding the number of RIA (registered investment advisors) who are ONLY recently getting access to such ways of getting into bitcoin (whether they choose to onboard clients through such avenues or not).

Yes, there are many combinations of factors affecting BTC prices in various ways, yet all in all, largely the BTC prices have been consolidating between about $55k-ish and $70k-ish since about late February.. sure we had a few bounces outside of that arena, but we still have been bouncing around in a pretty BIG range.. .. and yes.. we have gotten to where we are at due to whatever MTGOX did with their distributed coins?

I am sure that there are several of us who feel quite comforted to have you guide us through where we are at, how we got here and where we might be going.

Quote from: vapourminer on August 13, 2024, 04:05:58 PM

Quote from: OgNasty on August 13, 2024, 03:54:51 PM

ok if you insist lol

and maybe you sold your gox coins. i didnt.

He supposedly got a tin can out of them. that's his choice.

At one point he said that he had not gotten enough corn over the years, and then at another point he says that he is selling a chunk of his coins to buy a tin can, which coincidentally would be right around the same price that Germany sold their coins, which likely is not going to look back favorably on them or persons similarly situated.

Quote from: OgNasty on August 13, 2024, 06:06:14 PM

Quote from: Richy_T on August 13, 2024, 05:02:35 PM

Quote from: OgNasty on August 13, 2024, 03:54:51 PM

Quote from: bitebits on August 12, 2024, 08:11:52 PM

Guys, we got passed EmptyGox without barely an abrasion. It has been hanging over the market for 10+ years and I have lost count how many times some Gox FUD has hammered the price down during the decade. That page has turned now, forever. Hugely bullish.

LOL. You “gox didn’t matter” people are so delusional. The price went from $73K to $49K during the most bullish inflow period in Bitcoin’s history in expectation of the event and now we’re still 20% off the high as the market tries to work through what is happening and those who stepped up to save the market at $49K are able to liquidate and take profit. If it wasn’t for gox we’d be 50% higher right now and when they’re done with the distributions we’re going to take off. No point in pretending the market shrugged it off.

That's credibility damaging levels of disingenuous given that you know that fall happened in tandem with the biggest stock market sell-off in not-even-very-recent history with a very rapid recovery.

What? Now the cope has turned into Bitcoin following the stock market? Is it just that you don’t want to admit you’re wrong or do you really misunderstand the Bitcoin market so much that you think what just happened was due to the stock market? I guess your post answers that question, but you couldn’t possibly be more wrong with your analysis, whether you acknowledge it or not.

You have been around long enough to recognize (if you were to want to) that BTC price movements can have short term correlations with liquidity and/or various macro-economic dynamics, including that BTC is traded 24/7, while the stock market has a lot more limitations in its trading..

People also loosely employ terms of correlation, including your own attempt to suggest that others are ascribing BTC/stock market correlation, when no such thing is happening, except for recognizing some explanations for some short-term BTC price movements, and even sometimes there are macromarket dynamics that are more convincing than others, even though surely NOT just one thing affects the BTC price, even though sometimes, there is one thing that is contributing to changes in short-term sentiment, which might be part of the explanation for the fairly deep dive over the weekend (more than a week and a half ago - when many markets weren't open) and then a decent bounce back over the past week and a half... so far.. and yeah, the move is not yet complete, so there could be some more things that contribute to BTC prices staying in our current (around $60k) range, or we could bounce in either direction (would that be Gox coins or some other possible happenings?),.

I doubt you have any kind of crystal ball in terms of your explanation of any of the matters, and you are not even very convincing in your attempts at wannabe koreck dogma.. .. involving where we are at, how we got here, and/or where we might be going... but yeah, it does not stop you from spouting out in your smarter than everyone else ways... If we agree that you were correct (when you were not), will that make you feel moar better? or perhaps "we" (not royal this time) could kiss your feet, will that make you feel moar better?

Quote from: Richy_T on August 13, 2024, 06:12:34 PM

Quote from: AlcoHoDL on August 13, 2024, 05:28:56 PM

Adding to your quote above, my stance on this is "when in Rome, do as Romans do," and if you disagree, either try to change the system legally (by example, or by political means), or become a revolutionary (and be prepared to face the consequences -- big guns and all).

A sensible stance. But the sovereign citizens don't recognize the authority that would need to be changed. To participate in the system is to validate the system. Arguably they are already revolutionaries but of a very milquetoast sort.

[Edit: Fake number plates? If they were serious, they would be going with *no* number plates. Not even internally consistent]

One problem is that it would likely be very inconvenient to actually get put in jail.. and .. many of us know the process is the punishment.. so there might be a lot of court battles, and if the various behaviors are continuing, such as driving without a license, then jail would continue to happen.. It would not be easy to be worn out with that.. you almost have to exist on a farm, if you can afford it.. but who is going to run and do your errands?

or living off nature in the woods... but who owns the land? not easy to even harvest your meat, unless the land is yours.. and even then, hopefully no one reports you.

Quote from: OgNasty on August 13, 2024, 06:33:15 PM

The coins I got from mtgox haven’t been touched. I sold before the drop ($67K) and bought the dip ($53K)…

I thought you said that you were buying your tin can this week or paying for it or some other similar spoutings?

I could not be mixing uie-pooie up with someone else or could I?