This is the one case where the money printer works for us rather than against us.

So feds, if you're reading this, keep making it go brrr please

The idea with scarce resources is that, it never marks out in value and it even gets interesting with Bitcoin being a decentralized currency when Bid/Ask by users around the globe determines the prize, it gives no chances for manipulation and the price remains volatile.


It’s now a low

We are at $119,781k - 1 BTC now.
Seems the Asian opening would do it.

If it does not count if you mix it (dilute it), then you could do a mini-shot that is only 1/4 or 1/2 of the size of a regular shot? 

The alcohol might be a bit abrasive on your throat.. and yeah, I would probably not drink the shot (or even half or quarter shot) myself..


"I told you so" is not very becoming, since no one really knows the various specifics of differing forks of history and how the forks might play out, even if you might proclaim that you were correct to have had been a BIG Blocker in the whole scheme of things, and you can also say that history just did not play out in your favor.  There are a lot of different associated differences in history in the event that the BIG Blockers would have had won, and surely that would have had been a curious history, as well. 

On the more cheerful side, at least you brought ChartBuddy back to these here parts, and stopped withholding those prior benefits (marbles), so we suffered through right around a whole cycle with no ChartBuddy... (Edit I just did a check on CB's post history, and it appears it (he?) was gone from March 14, 2016 until April 1, 2021 - 5 years).


You are making it sound as if bitcoin fee systems are broken, when they are not. Bitcoin fee markets are functioning fine, and sure over the years folks have been paying a variety of fees to transact, and the system has adapted, and there have been times in which BTC on chain fees were much higher than they are now, yet in the end, if any thing is broken, it might be that not enough transactions are happening on chain, since as the rewards continue to drop, there will be a need, at some point, to have the onchain fees to replace the mining rewards..so in recent times, the transaction fees have ONLY been a fraction of the mining reward, which currently is 3.125 BTC every 10-ish minutes.


For sure it is not ONLY risky to trade, but adds another dynamic when a person engages in publicly announcing his various positions, which seems quite dumb, since it may well be more strategic to place various bets without telling folks what is being done, yet maybe part of his play might have had been to tell what is done, which also causes speculation that he was a foil account that was not really intending to win on those bets, so then there would have had to have had been bets that were on the other side of his public bets.. .but who knows?  It seems healthy to be skeptical of public proclamations in regards to something like trading, which is already a risky activity in itself, even if the stop loss or the liquidation points were not being announced in advance..


Never is a long time. You would not want to give 99% odds on that?  I would take the other side of such a bet.


Probably, last time I checked, $121k comes after $120k.

Or alternatively if $121k does not happen after $120, then the other possibility would be $119k.  That would cover all scenarios, since I think that the odds are near zero that we would get stuck within $120k for any  meaningful time, even a few days would be quite uncharacteristic of the cornz.. so I would say that once we hit $120k, there are decently good chances that either $121k or $119k would be hit within 3 days or less.  I might even be willing to bet on the proposition that I am making.


Whoaza!!!! that is even better than my prediction.


Maybe you will end up drinking at various price points and you will be out of sink with this here thread.

How would you feel about that? 

good?


or



bbbbbbaaaaaaaaaadddddd?


You must be in 2024, or maybe earlier?

0.5 BTC is not lame, anymore. 

Any normie newbie to bitcoin is going to have a hard time getting to that quantity of bitcoin. 

I tend to presume that an overwhelming majority of normies do not have much if any thing invested - perhaps they might have a house and/or a 401k.. but even that is a bit of a presumption that might not really hold...

So the majority of folks do not have material investments that they might be able to lump sum into bitcoin.. Perhaps there might be some folks who are able to put down $10k or $20k.. and then maybe start to in vest $100 per week, and those ones might be able to get up to 0.5 BTC in around 5-7 years if they are also having some other extra sums that they can start to put into bitcoin, yet there are even so many folks who are not able to even do $100 per week, even if they were to want to... yet perhaps some folks can start to get up to $100 per week if they put some efforts in organizing their finances, and then perhaps start to prioritize investing into bitcoin and getting their cashflow management systems / practices into a good place.  So yeah, they might be able to, but then the question is whether they are willing too.

Sure you came to bitcoin at a similar time as me, Paashaas, yet I wonder even in your own situation  how much you were able to dedicate to bitcoin, or did it take a bit of time before you were able to build up some confidence to invest in bitcoin, and even if the investment thesis of bitcoin seems stronger today, normie newbies still have to figure out some ways to prioritize their investment into bitcoin, if they are able to at least come around to considering that it might be a good idea to start to stack some sats.

When I came in I had a certain budget and I even had a certain commitment to carry out the budget, but I established my initial budget to spread over six months and I still largely divided my initial budget into 26 parts.  It was not a bad budget, but it wasn't like really big numbers either.. It was something that I thought that I could accomplish based on my then circumstances, which also included my then perception of what I thought bitcoin could do if I were to add it to my then investments.. 

I am just thinking that guys are limited in how much they can do in regards to starting to accumulate bitcoin, even if they have developed a somewhat bullish perspective regarding bitcoin.