Quote from: blomen on March 07, 2025, 08:47:02 PM

Quote from: JayJuanGee on March 07, 2025, 07:43:39 PM

Quote from: blomen on March 07, 2025, 05:06:55 PM

Quote from: blomen on March 05, 2025, 07:11:11 PM

now, if the pattern continues as it should, we could see the 85 or 86 thousand dollar levels again.

i was correct again, only my predictions do not match the time of the day when i update.

the pattern i mentioned in my first post has formed and it looks close to the end.

Oh gawd.

Another sorcerer wannabe. That's all "we" need.

these are just the predictions of a novice bitcoin investor. i am not a sorcerer, i don't wannabe.

but things have been more consistent than I expected. a bit of bitcoin magic, a bit of blomen luck Cool

Fair enough.

Quote from: d_eddie on March 07, 2025, 10:42:13 PM

Quote from: JayJuanGee on March 07, 2025, 07:43:39 PM

Quote from: xhomerx10 on March 07, 2025, 05:07:52 PM

I forgot to mention, she also said "It's not Sunday in any country!" but I told her you just have to let some things go or it will drive you to insanity.

Maybe d_eddie should get that memo, also. He has never seen a day that is not worthy of a haiku or two... #justsaying

Poetic impetus strikes whenever the gods above send their love.
There, I said it - in prose, no less.

I suppose the true artist tends to go with the flow and will sometimes adapt to the environment.. I would hate to yuck your yum.. and in that regard, I recall that I used to get ragged on by some members for certain of my seemingly stylistic (or artistic) writing patterns, and then after a while, I decided to alter certain aspects of those past patterns.. .. .. The haiku bug has not hit me, yet.

Quote from: BobLawblaw on March 07, 2025, 10:53:03 PM

"We" wouldn't want that.

Quote from: cAPSLOCK on Today at 12:17:55 AM

Quote from: BobLawblaw on March 07, 2025, 10:53:03 PM

Bad.

Quote from: Biodom on Today at 12:22:34 AM

Bitcoin did better when politicians did not care much about it one way or another: both fighting them and being 'embraced" by them ain't bitcoin's "motto", imho.
We are living a a strange, but interesting times, it seems.

I decided to completely ignore bitcoin's current monetary value in my net worth calculations...perhaps it is true that it could be almost any number.
Could it be 500K/btc in 2025...absolutely.
Could it be 50K in a week as well...same answer.

I don't think it is because of some "underlying" value as, surely, gold has no underlying value of $20 trillion, no way, shape or form.
It's just btc holders, at least in part, are over-leveraged weaklings who can't see forest for the trees.

I still think that BTC's 200-WMA is solid as fuck, in spite ongoing attempts to manipulate spot prices.

And if bitcoin remains amongst the best (if not the best?) of investments currently available (what else are you going to pick?), then how are you going to count it as zero in your portfolio, especially if you have been into bitcoin for the past 11-ish years?

Have you been reallocating all of this time and keeping your BTC holdings at some "reasonable" number, such as between 5% to 10%?

Many times, you claim to have had not been selling any of your bitcoin, so even if you started out with a whimpy ass investment of ONLY 1%, then after 11 years of mostly HODLing, there has to be some appreciation in comparison to the rest of your various holdings, perhaps the bitcoin could have had become way more than 50% of your portfolio holdings, even if you were failing and/or refusing to put any more value into it while you were watering your weeds rather than watering your plants... but BTC still would have had shown through.

Let me use the 20 BTC example. Let's say that you had an investment portfolio (of various non-BTC assets) of about $300k in 2015, and so you decided to put around $6k into bitcoin in order to get your 20 BTC at around $300 per coin, which would have had been around 2% of your total investment portfolio.

Thereafter, in the past 10 years, you continued to invest in the various other assets in your portfolio and varying in regards to your choices, but you largely just let your BTC allocation ride. Perhaps if you managed your other assets well, and you got lucky, your investment portfolio may have now grown to around $1 million (so they did a 3.3x including your new ongoing contributions to them), and your 20 bitcoin (then 2% allocation), would currently have a 200 WMA value of nearly $900k and a spot price value of right around $1.7 million. Your initial 2% allocation to bitcoin would have likely become 50% to 65% of your total investment portfolio.

I have a hard time relating to your ideas of treating your BTC holdings as if they were 0%, even if you had always had a whimpy approach to BTC, since even if we take a fairly whimpy perspectife and you ONLY held your BTC, you failed/refused to buy more BTC, and you did not sell any of your BTC in the past 10-11 years, then there would be decently great odds that the BTC portion of your investment portfolio would have had still out performed the other investments in your total investment portfolio, even if you had been continuing to invest into those other investments and neglected dee cornz in the process.