Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Every move up is preceded by a few ants dumping. This smells like intimidation. Let us not be scared.
The royal "us"?
I couldn't resist.
Every move up is preceded by a few ants dumping.
The way I look at Bitcoin, it's dropping most of the time. If I'd have accurate historic data I'd do the math, but if I'd have to take a guess, it feels like it's dropping 90% of the time. But when it goes up, it goes up much faster than it went down.Visualized:
down down down down down down down down down UP down down down down down down down down down UP down down down down down down ............
Some variation of that is probably a healthy perspective in regards to bitcoin and part of the justification for "always being prepared for up."
There are quite a few guys in bitcoin who are likely smart as fuck, but it only takes one time out of 10-ish times in which they end up losing all their gainz from their having had been so smart to get in and out and in and out and then wham.. they got out but the price bounced up 2x or some other level of inconvenience and they end up being trapped into a waiting strategy rather than either a buying and/or holding strategy which would have had been superior overall strategies... worse, is that some of them end up turning bitter as a result of their having had either lost all of their earlier gainz and/or their having had put their whole bitcoin situation into a waste of time when bitcoin was like a sure bet, but they somehow figured out ways to lose money or not even come close to a similar level of gain as the person who errored on the side of accumulating and/or holding for the longer term.
From 2014 almost up till the 2017 run-up, I offered to give one BTC to any one of my friends who bought one themselves and promised to hold it for 5 years, and not a single one of them took me up on my offer. I would stand up at the weekly open mic night and not do comedy but try and orange-pill others... not a single one listened.
I did, however, have not one but 2 of them call me last year and tell me that they were ready to buy, and how do I give them their free one?? I made that offer at roughly a 250.00 spot price and they had the nerve to ask me for 44,000 (currently 111k) it was at that point that I finally just realized we truly do get them cornz at the price we deserve
The best part is now they blame me for not trying hard enough to get them onboarded.
I will never understand the normies
K
I did, however, have not one but 2 of them call me last year and tell me that they were ready to buy, and how do I give them their free one?? I made that offer at roughly a 250.00 spot price and they had the nerve to ask me for 44,000 (currently 111k) it was at that point that I finally just realized we truly do get them cornz at the price we deserve
The best part is now they blame me for not trying hard enough to get them onboarded.
I will never understand the normies
K
I consider myself as a normie.. but for just some reason, I was at a point in my life that I was receptive to bitcoin when I got into it.. so sometimes it can take some kind of an incident or some piece information for a person to recognize and/or appreciate bitcoin enough to get started in their sat-stacking journey.
Every move up is preceded by a few ants dumping.
The way I look at Bitcoin, it's dropping most of the time.Visualized:
down down down down down down down down down UP down down down down
(usual down down UP down down down) down Down UP UP (usual down down UP down down down)
And it feels like bears shaking a tree with a honeycomb on it.
hahahahaha
How about bears trying to hold a beachball under water at a windy beach with a 90%-ish success rate and a few failures that were bound to happen along the way and sometimes when the ball gets away it really gets away for a bit of time until they are able to get it back and push it back under water.
From 2014 almost up till the 2017 run-up, I offered to give one BTC to any one of my friends who bought one themselves and promised to hold it for 5 years, and not a single one of them took me up on my offer. I would stand up at the weekly open mic night and not do comedy but try and orange-pill others... not a single one listened.
I did, however, have not one but 2 of them call me last year and tell me that they were ready to buy, and how do I give them their free one?? I made that offer at roughly a 250.00 spot price and they had the nerve to ask me for 44,000 (currently 111k) it was at that point that I finally just realized we truly do get them cornz at the price we deserve
The best part is now they blame me for not trying hard enough to get them onboarded.
I will never understand the normies
K
I didn't offer anything to anyone like you, but by the way I advised some friends that it would be smart to invest a few hundred $ in BTC, but I have the same experience as you that no one listened to me. To make matters worse, one of them bought it anyway, kept it in a hot wallet on the computer where his children were playing, and one day it all disappeared. He ended up blaming me and being so annoying that I made up for his loss.I did, however, have not one but 2 of them call me last year and tell me that they were ready to buy, and how do I give them their free one?? I made that offer at roughly a 250.00 spot price and they had the nerve to ask me for 44,000 (currently 111k) it was at that point that I finally just realized we truly do get them cornz at the price we deserve
The best part is now they blame me for not trying hard enough to get them onboarded.
I will never understand the normies
K
The lesson I learned is that you shouldn't stick your nose where it doesn't belong, and this especially applies to everything related to finances - everyone should do whatever they want with their money.
I had experiences with a couple of folks who really fucked up, and I kind of helped out after they experienced their loss.. yet they have to meet certain conditions of either remorse and/or a sympathetic character.. and/or maybe continuing to try to get back on track.. so it can even be difficult to decide when and/or if to help..
which if the person were to be blaming me, I would be quite a bit less receptive to helping, yet there also can be some folks who are sympathetic characters, even if they might not have what I would consider to be very good inter-personal skills.. .. and each of us likely meet those kinds of people in our lives in which they have all kinds of seemingly great characteristics, yet at the same time, they have some characteristics that are quite annoying and causing us to want to be careful in our interactions with them.. .it is like any moment we could become collateral damage to their moments of chaos.
[edited out]
TL;DR Nocoiners will nocoin. No use wasting energy over them. The age of evangelism is over IMHO.I don't completely agree with your conclusion, since we are going to ongoingly have nocoiners becoming coiners, whether we are arguing over the definition of no coiner or not, since many of them are likely precoiners, and I am not even proclaiming tthat they need to be evangelized upon in any kind of meaningful way or that we need to put efforts into convincing them, except perhaps there likely will be times in which folks who seemed previously hostile and/or even nonchalant about bitcoin will warm up to the idea of bitcoin (like perhaps all of a sudden, they begin to "get it.")
I recently thought about my collection of BTC buttons, tie pins, etc., and wondered if Id ever wear one again. I used to wear a BTC baseball cap everywhere I went, including on stage. That was before we started worrying about $5 wrenches.
Hopefully at some point in the future, some form of BTC fashion and/or attire can come back into fashion (or acceptability to wear) - like if a lot of people are wearing it, then why should any of us consider whether or not they hold bitcoin or should they be attacked merely because they wear something related to bitcoin.
Call me a sentimentalist... or at least a person that considers that we should not have to fear actually personally interacting with other human beings in the flesh and blood without thinking that someone is going to attack us or that they have a virus or some other seemingly bullshit that seems a ploy to want to atomize us and to contribute to our disempowerment.. .. namely the power to transact and to communicate in person..
The powers that be would just love it if we are all afraid of each other so that we channel all (or most) of our communications and/or our transactions through mediums that they can monitor and/or selectively manipulate (or shut off at their whim).