Quote from: JimboToronto on June 14, 2025, 03:24:39 AM

Quote from: philipma1957 on June 14, 2025, 01:16:46 AM

I should be the highest poster yet I am merely number two

Smoke some more then.

Oh, you meant most frequent poster. I think Buddy and Jay both have you beat. Cool

I would ONLY have Phil beat for quantity of posts in this thread... but surely not the overall quantity of forum posts as can be seen by our post count.

I probably have Phil beat in terms of quantity of characters (or words) posted both in this thread and throughout the forum.

Quote from: WatChe on June 14, 2025, 11:33:52 AM

Quote from: JayJuanGee on June 13, 2025, 06:16:04 AM

Quote from: WatChe on June 12, 2025, 04:10:10 PM

It looks like Bitcoin is hitting wall of 109k again and again. With even hit the wall is weakening and soon it will collapse giving way to Bitcoin to hit 120k or more.

Sure... but giving 90% to 99% odds might still be problematic, even though it might work to say 99% odds that the $74.5k bottom is in, even though it is probably closer to 75% odds, not that I consider those to be bettable, even though I still would be willing to bet that the BTC price will not drop below 25% above the 200-WMA until after 2025...perhaps 1st or 2nd or 3rd quarter of 2026, and it is not even necessary to drop within 25% of the 200-WMA, even though it seems to have had happened every single cycle, so far in bitcoin's history.. and yeah sure of course, we could proclaim that "this time is different," and I am not ready to bet on "this time is different."

We have already seen Bitcoin price going down to 75k in April 2025 from 106k in Jan 2025. I can't rule out possibility that Bitcoin price may go down from here to any low. But if it goes down, there is nothing to worry about as it gives us opportunity to gather more Bitcoins at discounted rates. We are clear that Bitcoin price will go up in the long run, keep this thing in mind while price goes up or down.

Your preaching to the choir on many of those points. For sure I have frequently suggested that we have been in a bull market since November 2022, and sure we might not have had realized it until either mid or late 2023, but still being in a bull market means that the odds for up are greater than the odds for down (until they aren't), and when the odds for up are no longer applicable (and we transition into a bear market), we might not realize until 4 months or longer after the top is already in, and sure some guys get the message quicker than others, which does not tend to be me..

I tend to deny transitioning into a bear market until denial becomes somewhat impossible, which is a wee bit embarrassing, and I kind of hate to admit (I did it in 2014, 2018, and 2022), including that I am not sure if I might be able to bounce out of such faulting inabilities this time..

I proclaim that ultimately it really has not really hurt me to serve as a lagging indicator, even though each time I had a decent amount of short term suffering that was later reversed due to our going to later all time highs later down the road, such as 2017, 2021 and even this time so far in 2025, it would be difficult to proclaim that I have been long term suffering from the pain that I went through mostly in 2022 and perhaps dragging a bit into 2023.. .which is a similar story for those of us who have been erroring on the side of mostly accumulating and/or HODLing... the February, March, April and perhaps even arguing first parts of May dip to $75k-ish and the quasi-gradual recovery hardly even seems very relevant in the whole scheme of things since such downity quantities did not even go below our 2021 highs or go below our jumping off point in early November 2024.

Quote from: philipma1957 on June 14, 2025, 12:45:36 PM

Quote from: JimboToronto on June 14, 2025, 03:24:39 AM

Quote from: philipma1957 on June 14, 2025, 01:16:46 AM

I should be the highest poster yet I am merely number two

Smoke some more then.

Oh, you meant most frequent poster. I think Buddy and Jay both have you beat. Cool

jjg is around 30,000 i am around 50,000

but he likely has more words posted than I do as he is verbose to say the least.

hahahaha

That's what I'm talking about, Willis!!!!!

I merely needed to average twice as many words as you, and I got you beat in regards to the word-count. hahahaha.. That is easy peasy.. history speaks for its lil selfie.

Quote from: vapourminer on June 14, 2025, 12:51:59 PM

Quote from: philipma1957 on June 14, 2025, 12:48:31 PM

I am not allowed to double post.

that?

In this thread there is a bit of flexibility, yet even historically, I recall when some of us had been playing around with some of the nested posts and even some other posts in which we were extensively finishing the sentences of each other, and a lot of those posts ended up getting nuked.. It was perhaps in the Lauda days, in which she/he/it (or some other admin) was a bit of a curmudgeon... and it is likely if we fuck around and try to push some limits forum admins/mods might step in to keep us from being too outrageous in our attempts to prove trivial and arguably childish and quasi-irrelevant points... Tongue

hahahahaha Cheesy

Quote from: Hueristic on June 14, 2025, 02:25:54 PM

Quote from: vapourminer on June 14, 2025, 12:51:59 PM

Quote from: philipma1957 on June 14, 2025, 12:48:31 PM

I am not allowed to double post.

that?

LOL, Phil forgot where he was.

What else is new?

Quote from: Biodom on June 14, 2025, 04:59:31 PM

Quote from: vapourminer on June 14, 2025, 12:51:59 PM

Quote from: philipma1957 on June 14, 2025, 12:48:31 PM

I am not allowed to double post.

that?

please, don't teach philly "bad" things Grin

He seems to be nearly incapable of learning new things. #justsaying

Quote from: Hueristic on June 14, 2025, 05:38:08 PM

Quote from: JayJuanGee on June 14, 2025, 05:19:55 PM

...I am largely just responding to the parathesis portion of your post.. Otherwise I largely agree with what seems to be your points. Hahahahaha..
Tether hating seems to be in your username.

You maybe are coming off as one of those Tether haters, and aren't they labelled as "Tether denialists?" I am not claiming to be a Tether lover, but from my perspective Tether has always seem to defer to bitcoin and recognize bitcoin as the basis for their ability to exist, and surely the Tether deniers have been around since soon after Tether's entrance onto the scene (in 2014-ish). .
...and it seems to me that Tether has beat the pants off of so many of the denialists and the naysayers, including the time in 2016 or so? I cannot recall exactly when they had something like $800 million stolen from them in some Panamanian financial institutions, likely with winks and nods from branches of the US government trying to figure out how to take Tether down in terms of considering that they were sufficiently vulnerable to financial fuckery...and yeah, US government attacks on USDT while at the same time seeming to reach some agreements with them in terms of some allowance of back doors into tether and getting Tether to lock funds, cooperate with governments, which might even relate to surveillance arrangements, which seems to have had been the arrangement since some of the NY District cases were dropped in the past 4-5 years.

I am not claiming to having had studied these Tether matters in detail beyond just coming across these various dynamics within the bitcoin related space from time to time in which USDT has become a behemoth and not really seeming to pull some of the shady cozying up to government like the maneuvers that the Circle managers/leaders have been seeming to be inclined to practice.

I also get the impression that the USDT guys are really recognizing and appreciating bitcoin as the superior play, while the Circle guys consider appeals to government authority to be the superior play, and the Circle guys do not seem to hesitate to try to throw bitcoin under the bus when they consider that it might be to their advantage.. maybe partially evidenced by which side of the 2017 blocksize wars that each of these players fell.

I was a Tether supporter until they scrubbed their "backed 1 to 1 with usd" statement from their site, now they are nothing more than a untrustworthy bank as far as I'm concerned.

You are likely getting distracted by noise. There is no real sign that Tether is not backed, and they are quite likely doing better based on their holding a lot of bitcoin too.. including that Tether has had some historical moments of very large runs upon its deposits, and I think that around March 12, 2000 was one of them in which they had 10 billion or more drawn upon them in a few days (or was it around the banking shenanigan times in which Silicon Valley Bank, Signature and Silvergate were all ambushed by Federal choke point 2.0-ers (which would have had been March of 2023), and sure if there would have had been a way to close down Tether, there would have had been plenty of Feds who would have just loved to have had been able to accomplish that.

Quote from: xhomerx10 on June 14, 2025, 05:39:04 PM

Quote from: Hueristic on June 14, 2025, 02:25:54 PM

Quote from: vapourminer on June 14, 2025, 12:51:59 PM

Quote from: philipma1957 on June 14, 2025, 12:48:31 PM

I am not allowed to double post.

that?

LOL, Phil forgot where he was.

Phil is somebody's ~~paid bitch~~ paid promoter now (BetFury) so he has to play by different rules than the rest of us.

Of course, signatures do not show up in the WO thread - even though our avatars and the space below our avatars does even show up in this here lovely WO thread... so I suppose in that sense Phil is sporting the words and images of his funding source, as you suggested to be a possible relevant factor.

Quote from: adam.sandler on June 14, 2025, 06:33:04 PM

Quote from: WatChe on June 14, 2025, 11:33:52 AM

Quote from: JayJuanGee on June 13, 2025, 06:16:04 AM

Quote from: WatChe on June 12, 2025, 04:10:10 PM

It looks like Bitcoin is hitting wall of 109k again and again. With even hit the wall is weakening and soon it will collapse giving way to Bitcoin to hit 120k or more.

Sure... but giving 90% to 99% odds might still be problematic, even though it might work to say 99% odds that the $74.5k bottom is in, even though it is probably closer to 75% odds, not that I consider those to be bettable, even though I still would be willing to bet that the BTC price will not drop below 25% above the 200-WMA until after 2025...perhaps 1st or 2nd or 3rd quarter of 2026, and it is not even necessary to drop within 25% of the 200-WMA, even though it seems to have had happened every single cycle, so far in bitcoin's history.. and yeah sure of course, we could proclaim that "this time is different," and I am not ready to bet on "this time is different."

We have already seen Bitcoin price going down to 75k in April 2025 from 106k in Jan 2025. I can't rule out possibility that Bitcoin price may go down from here to any low. But if it goes down, there is nothing to worry about as it gives us opportunity to gather more Bitcoins at discounted rates. We are clear that Bitcoin price will go up in the long run, keep this thing in mind while price goes up or down.

I do agree with you. When the price increases, we will all be excited and happy. But I would also be glad when it reduces so that I can get more with less money. Grin

If you are waiting for "down before up," don't hold your breath. You may well be much better off to just keep accumulating for 4-8 years or more without really thinking too much about price.. just stay focused on ongoing, persistent, consistent, regular and perhaps even aggressive accumulating of BTC through buying.