124.5 to 109.2

is -12.289%

so do we go up say 109.2 to  136.04%

that would be +12.289% of the ATH

Well, it's obvious - buying back later at a lower price. LFC_Bitcoin is my role model here. Apparently, the guy managed to sell near the top and buy back during bear, increasing his stash considerably. 

Sure, I get the intent...it is the execution of BOTH trades at a correct time that is difficult to achieve.

Many sold at ATH+20-30% in 2017 only for btc to go up another 15X in just a few months.
I sold some back then too after listening to one Vinny Lindham about the presumable crash due to the first fork (all my fault, of course).
I had another small sell in 2020 after we recovered to 10K from $3.8K.
The logic back then: we are surely going into a depression as businesses are closing and unemployment is rising...recovery is just a temporary dead cat bounce, allegedly.

Thankfully, on both occasions I sold a little so it is not relevant in a big picture.

wow a huge amount of gear going online in August big mining is bullish as fuck

And maybe they see what I see.



Note all charts are from yahoo finance

The whipped cream does nothing. It's basically decoration. So take it out. And if you want a traditional banana split then take out the strawberries and instead of cocoa powder you use chocolate syrup, which is $2.50 usd for 24 oz, which is 680.389g, so the same 7g is only $0.0257205804326642553010116271721.

Total would be ~ $0,52 (rounded up - which gives you wiggle room for a gram or so of extra chocolate syrup).

yeah but they are doing something a bit different.

I have only s21xp which do just under 13 watts in cool weather.

the new s23 claims 11.5 watts  and 1.5/13=0.115  a 11.5% improvement

these are the air cooled models this improvement is the worst they have ever offered.

last time the s19xp did 21  watts in good weather
and the s21 claimed 17.5

so 3.5/21= a 16.7% improvement

The only reason they can list a really nice number is if you get a liquid cooled model (9.5 watts) and they are neglecting to explain

new transformer needed
new pdu needed
new external radiator needed.

Cost is almost 2x that of the 21xp and it will take 2 to 3 years to pay off the infrastructure needed to get the 9.5 watts claimed.

if you stick with air cooled you do not need to change anything at all

I am thinking this is the worst new generation of miners they ever made.

Should be interesting to see if they will need to drop the price a ton on the s23 air cooled to sell it.




oh have to go buy some more dip buddy is tanking price again

I still got something left from W.W’s stash… but it’s mostly in blue not green.

You’re not cygan.. are you?

So the 1957 weren’t just made up..

Part of your calculation problem seems to be that your "ins" are not without encumbrances, so the mined coins are not pure profits.  They have capital costs and electricity costs.  

It is also different if you are bringing new money into bitcoin to build it and to keep it in bitcoin for a relatively long period versus if you ar just moving money around from one place to another, so for example if you had bought copper or whatever in 2022 then you sold the copper to buy bitcoin in 2025 (your recent buys), those kind of numbers are not without their baggage.  

I hate to be a party poop, and maybe this time your BTC hold period might have more meaning, even though I doubt it.  I doubt that you would still have much if any of those 0.156-ish BTC if BTC prices were to reach and/or exceed $200k-ish.


You are not a guest.  You are a participant in the conversation who went overboard in his vagueness and then in his proofs.

Surely there wee guys who were largely sympathetic to your situation until you continue to dig yourself in deeper - which you seem to be inclined to continue to dig rather than apologizing for your problematic posts and your seemingly ongoing desires to battle and to proclaim yourself as some kind of a supposed victim.

Which part are you wanting to continue to battle about?  My behaviors?  I am a meanie sometimes.  What more do you want to get out of me?  What do you want to get from this thread?  Weren't you throwing out insults, describing yourself as a victim and proclaiming that several of us (including yours truly) was out to get you?  Several of us, including this here guy, have already responded to those accusations.  It seems that several guys have even been giving you several suggestions regarding how to proceed, but you seem to have some challenges in your own abilities to move on or even to fix yourself from aspects of your posting style.

None of us have even negatively (or neutrally) marked your trust yet, so you might count your blessings while they still exist, even though some members had already mentioned it or at least hinted at such a possible outcome.

So maybe the more important and/or imminent question might not be so much about me, yet it might concern how you might be able to save yourself from yourself.


Usually the ones who get themselves in trouble are stubborn like that.


You are trying to catch the top?  That can be problematic.

Of course, I consider price based sustainable withdrawal to likely be able to kick in prior to time-based sustainable withdrawal (I talk about both strategies in my sustainable withdrawal thread), yet you still need to be in overaccumulation status for either of them, so then if you start to sell, you are not necessarily selling with expectations to buy back cheaper... since that would be trading/gambling rather than investing..

So if you have not quite made it to overaccumulation status yet, then you have more dilemmas to ride matters out.. once more cycle or whatever.


Nothing wrong with that.  Why should you feel bad if you have some kind of a tier in which you shave off something in the ballpark of 10% every time the price doubles, and if you cannot wait for doubling intervals then just shave off 1% every 10% rise or some other variation?

If you have enough or more than enough BTC then you should be able to accomplish price based sustainable withdrawal.

If you con't want to wait for the price, then just do time based sustainable withdrawals, so that if you were to happen to have 0.63 BTC right now, then you could shave off right around $3,279 per year or $273 per month with right around 7% per year increases.  That would be time based sustainable withdrawal.


You don't need to sell with purposes of buying back cheaper, especially with sustainable withdrawal, and if you sell so much that you are sitting on a bunch of extra cash, then there might be something wrong with your selling formula.

You are not really describing anything that suggests any rush to sell except that you might not want to go through a long and extended dip, but you don't think that it will dip from here but instead dip in the future.  So then if it dips in the future you want to have some cash to either buy back or just be able to spend.


Now you are sounding overinvested.

Why can't you just figure out some kinds of price points that you are willing to sell some but not necessarily big chunks, so then it will make you feel better for having had sold some... going back to the selling 10% for every doubling formula.


You mean that you did most of your accumulating years back, so then you have not done anything for a while, neither bought nor sold.

I tend to think that if guys go through accumulation, then there might be a period of maintenance where they are not really selling and they are not really buying, so then once they go through the maintenance stage, then they can start to sell small amounts here and there and when you need it, so if you are not selling in really large chunks, you should be able to sell forever in such a system.  Part of the issue is crossing the chasm of getting to the point of having enough and then clearly being in a place of having more than enough.. which once you have crossed the chasm, then you should be able to sell within the overaccumulation status without falling back below being in such overaccumulation status.
 

Not everyone is in the same status, since some guys seem to have already crossed over.. yet of course, no one really wants to sell a bunch right before it goes up and yeah we would not want to sell at the bottom either, even if we have enough and/or more than enough.. which yeah, maybe never goes away when we are living within one of the greatest wealth transfers known to mankind and we would rather be on the receiving end of that rather than being on the giving side of that great transfer.