Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
How could you not understand that you're being sucked up to for merits by now by people who have never actually bought bitcoin and never intend on it.
How does it feel to be art holier than thou? Pretty good, right?
You've been doing it for years.
You have been complaining about it for years too, and seems that I have responded to your over and over dumbass patronizing judgement substitution complaints.
Others see you meriting suck-up shitposts, and that encourages them to also suck up to you. Its a vicious cycle. You're basically enabling the next generation of beggars, encouraging them to perfect the art of ass kissing instead of learn anything else whatsoever.
Do you have zero introspective ability?
No. I can introspectively verify that you are the greatest thing since sliced bread.
This is the entire reason they are here, is because you merited this post, which was a response to you:
You brought up a great point and I agree...
...I also liked how you mentioned the importance of flexibility in making decisions....
...I also liked how you mentioned the importance of flexibility in making decisions....
It appears that post is no longer available, so I will have to take your word for it.
The other stuff they write is just a regurgitation of what you've already written a hundred times. They write it because they know its in alignment with your own beliefs, not because they actually believe it.
And? yes.. you already told me that you would like me to improve my smerit sending under some kind of an "uncle nutildah" standard... and more or less, I already told you to fuck off.. ... so now what? We have a stalemate, and you are going to keep complaining publicly to attempt to get me to change my smerit sending ways because apparently, from your view, my ways of going about this smerit sending is ruining the forum... blah blah blah. You going to start another thread or just sprinkle your concerns in various locations? Increase the badgering campaign with an attempt to have an effect upon the situation?
So when do we think the next breakout to the upside is going to happen?
We seem to have been stuck in a tight range of $115,000 to $120,000 for a while, even though it hasn’t been long at all. I must admit, I didn’t enjoy the dump during the last 24 hrs.
I think once we chip away at and eventually pierce the ATH of $123,000 we will run for a while, possibly touching $140,000. Maybe we stay in this range for another 2-3 weeks before we explode upwards.
The only thing that’s certain is nothing is stopping this train from hitting between $150,000 and $200,000 before the end of the year.
We seem to have been stuck in a tight range of $115,000 to $120,000 for a while, even though it hasn’t been long at all. I must admit, I didn’t enjoy the dump during the last 24 hrs.
I think once we chip away at and eventually pierce the ATH of $123,000 we will run for a while, possibly touching $140,000. Maybe we stay in this range for another 2-3 weeks before we explode upwards.
The only thing that’s certain is nothing is stopping this train from hitting between $150,000 and $200,000 before the end of the year.
I don't really have any problem with your vision as a kind of base scenario, even though we could have some variations.. and maybe only $10k to $20k bounces each time. maybe bringing us to upper $100ks in October-ish.. , but that would maybe just cause us to potentially have a blow off top that goes into 2026.. or alternatively the very end of 2025.. but I hate to be so regimented..
In any event, I thought that you (LFC) were leaning towards our bull run being over in October-ish? but not much time for that. So now you are considering that such bull run would continue until the end of the year?
What are the odds of the bullrun ending in 2025? versus ending in 1st quarter 2026? versus 2nd quarter of 2026? versus some later end? How much of a crash do we have to have for rthe bull run to be over? how long does the crash have to last to really be over? something like 8 months or more, no? We have had a lot of 30% plus corrections that have gone on 4 months or more. I would not characterize April 2013 as the end of the 2013 bullrun. I would not count March 2021 as the end of the 2021 bull run, even though there surely are some making that claim (cough cough Biodom and there are others, not to just pick on Biodom).
I hate to be so bounded by timelines and it seems to me that if there continues to be somewhat slower UPpity moves without any grand corrections, then it becomes harder and harder to have a bear market.. so getting a top that is between $150k and $200k just seems too whimpy in order to justify any kind of meaningful and/or lasting correction.. .. so from my perspective, we gotta see some kind of greater UP in order to justify the later down, and I cannot really accept that blow off tops are going to disappear from bitcoinlandia... while at the same time, I am not completely opposed to the disappearance of the blow off top, but such blow off top scenario does not fit very well with my base case. .which is that some meaningful overexuberance needs to happen, even if it ends up playing out somewhere in the 2021 territory... which gosh, $150k to $200k also feels bearish within that kind of a stifled blow off top scenario..
How could you not understand that you're being sucked up to for merits by now by people who have never actually bought bitcoin and never intend on it. You've been doing it for years. Others see you meriting suck-up shitposts, and that encourages them to also suck up to you. Its a vicious cycle. You're basically enabling the next generation of beggars, encouraging them to perfect the art of ass kissing instead of learn anything else whatsoever. Do you have zero introspective ability?
This is the entire reason they are here, is because you merited this post, which was a response to you:
I can conclude that JJG likes to being ass-kissed. Who would have thought that our gay dancer avatar is into that stuff... This is the entire reason they are here, is because you merited this post, which was a response to you:
You brought up a great point and I agree...
...I also liked how you mentioned the importance of flexibility in making decisions....
The other stuff they write is just a regurgitation of what you've already written a hundred times. They write it because they know its in alignment with your own beliefs, not because they actually believe it....I also liked how you mentioned the importance of flexibility in making decisions....
We have been married all of these years, and that is how you feel about me?
But seriously, I think all your points are valid. While JJG is free to spend his merits as he likes, he also gives a lot to beggars and by that is breeding an ever new generation of merit farmers who only write to please him.
Maybe the merit source needs to rotate, then? Theymos?
I cannot imagine that he hasn't understood that yet. I think he is rather working on increasing the number of active users on this forum, whose design, to be honest, is not too appealing to newcomers... I have actually friends who wouldn't read the WO because of the old design that doesn't work well on smartphones...
I write quite a bit too.., and I don't merely send smerits to members who agree with me.. but it is helpful if they back up their points.. but yeah there are likely some members who are not writing with their own brain and maybe some of them have programmed bots to help them... I probably need a bot to help me to read through so many post to attempt to figure out if they are really people behind the accounts or not.
You were already outed as an AI spammer 2 weeks ago. You started manually placing typos in your text to avoid detection by the detectors, but its quite obvious you have nothing to contribute here.
I tried to contribute. But fuck yall.
I doubt that it helps your case to get combative... If you are really trying to contribute to the forum, then just keep plugging away, and stop posting through AI.. . Sure if your native language is not English then you might need some help.. but whatever, I still doubt it is helpful to get emotional about the matter if you really are genuinely trying to contribute..and by the way contributing also can be in your own interest if you are interested in the actual topics in which you are participating..
This kind of system-based DCA+laddered-exit plan can quietly gain while everyone else is trying to time tops and bottoms. Even if each individual fill doesn’t make a massive difference, over 10+ cycles it really starts compounding and showing itself.
I consider DCA to be a good way to get into bitcoin, along with supplementing such strategy with lump sum buying and buying on dips. I don't really consider DCA to be a good way to exit bitcoin, and I don't even consider exiting bitcoin to be a good idea, even though I do believe in sustainable withdrawal that can be either price based and/or time based. I have a thread on the sustainable withdrawal topic, which also I do not consider to apply unless a guy had first reached overaccumulation status..A lot of investors often get it wrong when we recommend buying the dips as a way to optimize one's strategy, rather engaging in consistent accumulation and then taking advantage of potential DIPs (whenever it comes) they make the mistake of WAITING FOR A DIP, which is not only an awful way to approach Bitcoin accumulation but can also result to missing out on potential gains.
I share in your thoughts regarding exiting Bitcoin, the DCA in this case might really not be the best approach. What could be more suitable would be a more tailored strategy such as sustainable withdrawal strategies. And your suggestion about applying the sustainable withdrawal strategy only when one has attained a 'fuck you' status or a state of overaccumulation is spot on because it highlights the importance of prioritizing accumulation and wealth preservation.
Of course, I frequently talk about not starting to withdraw until reaching overaccumulation status, yet there could also be situations in which a guy might have had been accumulating bitcoin for 1 or 2 cycles and he is forced into withdrawing from his BTC because he lost his income and/or his expenses went up in such a way that he no longer has enough discretionary income to buy bitcoin. so either he just pauses his bitcoin buying and merely just HODLs for a period of time, or he might still start to employ sustainable withdrawal and perhaps make some downward adjustments to his earlier ideas of how much income he was going to need to withdraw from his bitcoin, so maybe drawing from his bitcoin either supports him at a lower level of income or his bitcoin merely supplements some other sources of income that he has...
Surely guys can still benefit quite a lot from getting into bitcoin and building up their bitcoin holdings even if they do not end up reaching overaccumulation status... especially guys who had largely been focusing on ongoing accumulation of bitcoin for 1-2 cycles or more and without selling any of their bitcoin during that time... Even if they have not reached overaccumulation status their having had built up their bitcoin stash can still be quite helpful to them and likely would have had improved their lives in term of their having had gotten into bitcoin as compared with another alternative universe in which they had not gotten into bitcoin.