Quote from: Greyhats on February 27, 2025, 08:47:03 PM

Quote from: d_eddie on February 27, 2025, 07:19:33 PM

When she goes up, I try to figure out if, when, how much to sell. That requires a lot of energy and makes me weary.

I still like it a lot more when she goes up though. Go figure.

On the topic of cheap dinners, another good addition to the rotation is plain pasta with soup powder sprinkles its way more satisfying than ramen with an egg and cheaper too! When ya get that one piece of pasta with extra sprinkles its like scooping out the last bit flavour dust from a bag of chips.

Quote from: vapourminer on February 27, 2025, 07:36:17 PM

@greyhats.. same here. i dont really pay attention to dips, even this one. and uppidy requires actual planning beyond ladders on exchanges.

I think both of you are onto something, I definitely do more planning when we are in uppity. I do absolutely love uppity from a monetary perspective but maybe i should layoff all the extra dreaming/planning stuff in uppity to see if that keeps me a bit more sane.

Cheers all, now time to go back to being odd :-)

It is up to you whether you believe that you have overdone the planning, yet I bet that it feels good to have your various scenarios plotted out, and then you don't really have to think about them, because you can see various scenarios that you have plotted out, and perhaps sometimes you will be beating yourself up because you had found that one of your minority scenarios ended up playing out rather than what you had considered to be one of your base case scenarios. but so what? You still got the therapy of working out the scenarios.. and then perhaps after you had gone into detail several times, you might well end up learning that you feel a whole hell of a lot better if you do not go into so much detail, so you can still accomplish a lot of the plotting out of scenarios, but to leave your various scenarios more loosely outlined rather than overly specific, and then perhaps you end up getting less attached to whether your more base case scenarios end up playing out or not, since you have already prepared yourself for variations of UP, DOWN and sideways, so largely in the end, the main point is that you are largely prepared for any of the scenarios, so it ends up not even being super important to the extent that you end up being correct, even though surely many of us, even the longer terms HODLers, are still going to be somewhat agitated when one of our 5% to 12% scenarios ends up playing out rather than one of our 35%-ish scenarios.

I think that part of your personality drives you to plot out the scenarios, and you likely are already realizing that you have largely already done most of the work, so that a lot of this is becoming easier and easier, even if you are still feeling some stress from some of our seemingly extreme BTC price moves. I can remember several of mine, and I was buying at several points on the way down, then I was starting to get stressed because the BTC price had corrected 30% or more, and then I was running out of money to buy more, so then part of my stress was that I just had to wait through the rest of the dip because I had no more money, and the best that I might be able to do is to have the dip last long enough for some payment to come in, otherwise, I was feeling stress that I had to wait it out.. yet then the more that I was in bitcoin, the more I learned how to keep more cash available so I would not have those kinds of stresses, and sure it still happens from time to time, but surely not as bad in 2025 as compared to some of the ones I had in 2017 and/or even at other later points. My systems got better. even though the stress never completely went away.

Quote from: cAPSLOCK on February 27, 2025, 11:25:44 PM

What if Bitcoin has made me entirely insane...

I suppose there should be question marks at the end there. But nope.
I am crazy as fuck... treat me as such. I think most of you already do.

Also...
SUPERCYCLE

You kind of remind me of this guy. Need I 'splain further, steve? Steve is that uie-pooie?

Quote from: BobLawblaw on Today at 01:50:01 AM

Welcome to the pain zone.

https://x.com/CarlBMenger/status/1895115748613427342

I am thinking the under current market conditions "the pain zone" would start right around $65k or lower. .. But, yeah, sure.. I am not unsympathetic to differing opinions, and surely I do not like or appreciate BTC price drops, yet I believe that I can still appreciate that "the pain zone" happens at different price points for different folks.

Quote from: OgNasty on Today at 02:27:18 AM

So many liquidations… This isn’t how the FTX dispersal was supposed to go… Seeing lower and lower prices on lowering volume.

Lucky fucks.. for those under $50k recipients being in a position to receive their dispersement with an opportunity to buy on the dip. Lucky fucks, lucky fucks.

Quote from: OgNasty on Today at 02:27:18 AM

Not a good sign.

Does not seem unusual to me. BTC prices dip from time to time and sometimes in unexpected ways. Are you new here or something?

Quote from: OgNasty on Today at 02:27:18 AM

This price action can only be described as panic selling and cascading liquidations.

Perhaps, which also known at the trend is your friend.. .and perhaps not your friend if it is going opposite to the direction you would have had wanted (and/or expected).

Quote from: OgNasty on Today at 02:27:18 AM

This is either the end of the bull run, or we’re about to see the mother of bounces. Trying to keep my faith in the cycle but this is painful.

I speculate that we probably would need to get into the sub $55k-ish arenas before we might start to consider that this here particular bull run is over... but, hey, what do I know? I am just a random wall observing normie with an opinion.

Quote from: cAPSLOCK on Today at 02:49:38 AM

Oh god im going to...
Whooo let's just stop it there.

I bought my first bitcoin at $17.
It had fallen from a high of 32 or so.

I watched it fall to $1.50ish?
At $2... I thought about selling my Subaru to buy a couple thousand more.

I didn't.
Sigh.
Here's the thing for those that are new. It does this. It's done it many times. It jumps up, and then it fades back down to fill that gap, and then it jumps up again. Even more, you'll be okay. Hang tight.

I was not around these here corn parts for the drop from $32 to $1.50... even though I can imagine and I can still largely agree that dee cornz does dooo deez kinds of thingies. So even with my less maturity in cornz observations, I will sheepishly agree and sheepishly add that dee cornz might fill the gap, and it might not fill such perceived gappenings.. .

While in the process of potentially working to fill such arguable gappening, we cannot really know, even though currently it is appearing that a whole hell of a lot of DOWNity momentum is oongoingly continuing.. ..and continuing until morale improves... or not.

Quote from: cAPSLOCK on Today at 02:59:13 AM

Also. 71-73.7 is going to hold if we go that deep.

Well it should.

I hope.

Quote from: Biodom on Today at 04:23:20 AM

I don't wish him bad, but I always thought that bitcoin leverage is a bad idea, generally speaking.

EDIT: I hope that he does not sell his kidney...but who knows, maybe he will sell some of his AAPL, FB, AMZN, MSFT, perhaps.
How about it, MS?

EDIT2: Texas moves toward establishing a Bitcoin reserve (it is not strictly bitcoin, but a $500bil market cap requirement assures that only bitcoin qualifies, at least for now)
https://www.forbes.com/sites/davidbirnbaum/2025/02/27/texas-strategic-bitcoin-reserve-advances-amid-market-volatility/

I personally think that Saylor should be talking about continuing to buy rather than not selling, including his own practices to continue buying, even though historically he has not really promoted himself and/or his company as specializing in the buying of dips.

Quote from: hypebrother on Today at 05:20:12 AM

Quote from: Paashaas on Today at 05:13:26 AM

Quote from: Paashaas on February 27, 2025, 07:28:57 PM

CME gap at $75k.

$10k dump incoming? Undecided

Looks like it will dump even more towards that gap.

I had a dream last night, more like a nightmare Huh

it showed BTC around 50k range. Maybe I am overthinking. But today morning watching Indian markets (down ~ 1.24%) gave some strong indication of bears.

Yeah.. $50k does seem like a bit of an exaggeration, yet dreams (nightmares) can frequently contain those kinds of extreme presentations.

Quote from: serveria.com on Today at 06:35:54 AM

That $7xxxx price is painful to observe...

Remember back in 2017 we started talking about scarcity... in a nutshell, the concept was "soonish BTC will become so rare and expensive to mine, mining rewards will drop with the halving etc". Today, 8 years later, we witness a roughly 25% drop and no signs of scarcity? So when will it kick in? Taking into account inflation, I'm "moar poorer" today than I was 4 years ago during the previous cycle's top... no eggs in my ramen today....

Anyway, enough whining, the blood is in the streets so, we're likely going to reverse soon... Cool

Does sound a wee bit whiny... especially since it seems to me that you must be doing something wrong if you are saying that you are more poor today as compared to 2017 (inflation adjusted or whatever.. bitcoin no give no shits about inflation and/or the debasement of the dollar which is part of the reason that many of us are putting value into this here lil tingilie called dee cornz), and even going by your forum registration date, you just got here during the later portions of the 2017 run, to the extent that you might have had started to buy BTC in 2017, yet even if you did not blow your whole wadd in the peak of 2017, you would have had 2018, 2019 and 2020 to accumulate bitcoin.. Holy fucking shit, there would have been, and should have had been opportunities to stack some sats in the past nearly 8 years, even if you had front-loaded your BTC investment in BTC at some point in late 2017.

So for example, if you had invested $100 per week into bitcoin starting from your forum registration date, you would have had invested nearly $40k, and accumulated nearly 3 BTC. Yet you could have accumulated an additional 7 BTC or so, if you had been able to front load your investment into BTC with another $40k somewhere towards the beginning of the time that you came to the forum. So that could have had been 10 BTC with $80k invested (those are mindrust amounts of BTC) .. and surely would not be a bad place to be and even should have had put you better off today as compared to BTC, especially if you had been able to focus on BTC, even if your dollar availability amounts might have had been different than the amounts I outlined as a possible budget.

Quote from: somac. on Today at 06:50:26 AM

What was the bottom meant to be? $75k? Need to know when I should give up focusing on Bitcoin for another year or 2? lol

Probably, ou can wait until mid-2025 or perhaps as late as mid-2026 before you can start focusing on waiting for 1-2 years.. In other words, your desire to wait for 1-2 years seems to be way too damned early.. but hey whatever, you do you... you negative nancy wannabe. Angry

Quote from: Biodom on Today at 06:51:34 AM

Quote from: AlcoHoDL on Today at 06:39:42 AM

WOers, don't despair.
End-of-year, 200 grand.
Buy one, get one free!

#haikuquickie

...correction...1.5 free ...for now.

Here is a little theory: since bull market was shorter and meeker than expected, bear market would also be shorter than expected.
"wham, bam, thank you ma'am".
WBTYM

I don't think so, but we could maybe formulate a bet on such topic.

Quote from: somac. on Today at 07:06:03 AM

Quote from: Biodom on Today at 06:51:34 AM

[edited out]

If that was the cycle top, it was lower than the last one, which probably means the next will be lower than this one. Therefore, next cycle target price would be about 130k maybe. That doesn't sound likely IMO so at this juncture I don't believe we have hit the cycle top yet. A shorter bear market could just mean this is a correction in the bull market.

Of course, I'm usually wrong so this is probably the start of an 80% correction and we'll be back in the $20ks by mid summer.

You go somac!!!

Talk yourself into such a bearish perspective.

Quote from: El duderino_ on Today at 07:07:27 AM

Btw

Are the all time low of btc on exchanges in the room with us?

No, but we do seem to have a few arguably whiny-ass "party poops" in this here room of these here parts with us. Cheesy

Quote from: Biodom on Today at 07:10:05 AM

Quote from: somac. on Today at 07:06:03 AM

[edited out]

whether it is a correction or a mini-bear depends on duration.

There is no such thing as a mini-bear.

Either you are a bear or you are not a bear. Go back to taxonomic training. Angry

Quote from: modrobert on Today at 07:13:41 AM

Quote from: AlcoHoDL on Today at 06:39:42 AM

WOers, don't despair.
End-of-year, 200 grand.
Buy one, get one free!

#haikuquickie

Bitcoin may be halving, but also doubling over time, BOGO for life.

Dee cornz be repeatedly halvening and doubling at the same time over time?

Now, that's a puzzle to contemplate, and as you seem to suggest, such a unique dynamics may well end up being true in dee case of my lil precious. Shocked

Quote from: Paashaas on Today at 07:28:55 AM

Quote from: El duderino_ on Today at 07:06:19 AM

[edited out

Yhea, next pump will be $150k+ but for now a temporary dump that makes me a little bit depressed but unfounded nonsence because $80k is still a sweet number, i'm a little bit impatience, lol.

No need to stress for anybody here in WO. Instead, i'm existed for holiday next week to the Maldives. Bounty paradise will be a magnificent distraction.

Hopefully, you do not end up selling too many too soon, merely for some inabilities to defer gratification.

Quote from: Paashaas on Today at 07:28:55 AM

Will go to the gym for some weightlifting. Deathlift and other back exercises plus biceps today.

Any kind of deathlift is not recommended by this here cat, even if you also might happen to be a kitty cat with 9 available lives.

Quote from: OutOfMemory on Today at 07:35:32 AM

Is it "Friday For Futures" again? Roll Eyes

You are correct. That could be a possible contributing factor. Perhaps? Perhaps?