Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 05/03/2025, 04:50:12 UTC
Btc is not very important if eggs are 10 dollars a dozen.

Unless btc  Is 444,444 a coin  Wink

If you had accomplished most of your BTC accumulation prior to 2021, and perhaps you had been accumulating bitcoin for more than a whole cycle (4 years), then you could have had fairly easily acquired an overwhelming majority of your BTC for between $5k and $8k per coin, even if you had made some fuck ups, so you could have had accumulated a decent number of coins.. and therefore eggs going up 3-5 x is not going to have any major impact upon you in terms of your BTC accumulation (as long as you mostly accumulated and held).

Sure, you could have had continued to accumulate BTC after 2020 and still had been o.k... but it would have had been good to have had accumulated your bitcoin mostly over a cycle ago.

I doubt that bitcoin's investment thesis is getting any weaker, since there seems to continue to be a lot of value that comes from deferred gratification... so for example, focus on aggressively accumulating BTC for at least a whole cycle, then perhaps you can take a break for a whole cycle, and then the cycle after that, you should  not really give too  many fucks if eggs happen to be 3x - 5x higher within a year, since you had mostly had way higher performance out of your BTC, perhaps your BTC are 10x to 30x higher than your investment costs.

So BTC is important, and BTC does matter.  You just have to know how to accumulate and hold it for more than a whole cylce or perhaps even two cycles before you start to fuck around trying to trade it and prematurely cashing it out.  In your own case, Philip, you have not been receiving and/or achieving the compounding value appreciations of bitcoin due to your own in abilities to both 1) accumulate bitcoin for more than a whole cycle and 2) mostly hold onto it and allow it to compound in value  prior to fucking around with either trying to trade it or to sell too much too soon of it.  

Sorry to repeatedly bash you with those kinds of similar broken record messages...  a lot of bitcoin's value comes from longer term allowance of appreciation and the compounding value.

Think about it.  Even the fairly aggressive BTC accumulator who had started to accumulate bitcoin 4 years prior to 2021, and even accumulating during bitcoin's 2017 price peak, if he had invested $500 per week during that time and invested even around $100k over those 4 years, he still would have had accumulated close to 29.4 BTC, and so he would end up being in quite a great place, even though he had  been buying during the 2017 price peak.  

There is no need for such a guy to have $444k per coin in order to be really enjoying having had accumulated 29.4 BTC, and pretty much able to currently cash out around $10k per month in perpetuity (and likely being able to increase his monthly cash out amounts with the raising of inflation)  I don't see anything wrong with that in terms of such a guy being able to afford eggs or any other regular living items.

Oh, and by the way, even if 1/3 saved ended up being a large amount, there are a lot of guys who spent a lot of their saved coins at various points along the way, and yeah it is not so easy to be spending coins when sleeping so much, but people do sometimes buy things and have living expenses too. .including that some folks might be spending extra to show that they have a new car in their parking lot every 2-3 years rather than being a wee bit ostentation.. don't you get that ostentatious feeling from vapourminer... when you really ponder over his inability to stick with eggs in his Ramen when everyone was doing eggs. . back in the days when eggs used to be great?

Even though sometimes like to present hypotheticals, I will say that I am not completely innocent when it comes to seemingly probing into the circumstances of other guys.
Between I also got a new car 1199cc (delivered to me on Feb 13, 2025) and that was not after 2-3 years but after selling my car that was 16 years old. To me it's better to update things with time. Your Bitcoins are of no use if you can't spend them to upgrade your living standard rather you see them going high while sitting in your wallet all the time. 

It's just me personal opinion and I know in advance that you will differ with it  Smiley Smiley     

It is up to you to balance out your needs from your wants, and to figure out whether there could be some value in deferred gratification, or to figure out if you might be spending too many of your cornz too soon based on your desires to live beyond your means.  I cannot make those judgements for you, even if I might choose differently from you.

Of course, many of us know that cars are depreciating assets, especially if we buy them brand new, and surely some geographical locations have more options for used cars or a better market for used cars than other geographical locations.

Btc is not very important if eggs are 10 dollars a dozen.

Unless btc  Is 444,444 a coin  Wink
didn't they killed millions of chicken because some supposed flu ?

FTFY