Roach must be so rich now. Just imagine if he'd swapped all that physical silver for coin back in 2015 instead. Smart guy
mo dolla bank money Jan 29
Low volume for the rest of the year opens the door for cheap whale splashes
For sure, the thrust of what you are saying (swapping into bitcoin sooner rather than later would have had been the better of moves).
Accordingly, the further you go back, the less likely that any asset or commodity or stock would have had outperformed bitcoin... Sure, from time to time, there may have had been exceptions, yet surely if we go back to 2015, bitcoin would have had been way better to invest in than either gold or silver, even if those two shiny rocks are experiencing some temporary bumps.
Another thing is that we cannot go back in history, so we have to decide what we are going to do right now with what we got, including that if we own gold, silver, bitcoin and/or any other assets, currencies or investments.
What are we going to do right now? Do we reallocate anything? Or do we keep our current allocations?
Another thing is that if we are going to buy more, do we change the way that we had been historically buying or do we just keep our same prior established systems?
There surely are some guys who have mostly already bought their various positions, so then they are faced with questions or either re-allocation or alternatively which assets to sell first, even if they don't necessarily reallocate into other assets.
If we are already somewhat happy with our prior investments, yet maybe we are at a stage in our lives that we are3 mostly liquidating or maybe our varoius income levels are fixed to such a degree that they are not keeping up with the ongoing debasement of the dollar and the rising price levels.. so in that sense, we might be drawing from other sources.
In mid- 2022, I started drawing from a somewhat diversified set of stock index funds at right around 4% per year, and previously I had been thinking that I was going to let them ride. .maybe another several years until around 2030 - yet times had ended up changing, and I stared to think that I would be better off to draw upon those funds that are mostly related to dollar debasement rather than other areas (and yeah maybe I should have had started in 2020 or 2021, but the facts are the facts and I don't mind the supplemental income that I have been getting from those funds since mid-2022 - about 3.5 years, so far). They have not really depleted in their dollar value, even though I have been drawing from them at about 4% per year (or 0.33% per month, or 1% per quarter).
they play btc shorts and want to get a dump under 80 they bet on say 79.5k
I remember there is a bet in place here between JJG and LFC_Bitcoin.
Between who is winning now as price is below 90k?
There are still 3.5 months for the bet to play out, and yeah, sure at the moment, LFC seems to have a bit of a trend (momentum) working to his favor, yet it may be premature to count my side of the bet as being out..
...and probably the more important question for folks concerns how to manage their own holdings... and so many guys want to be able to sell some of their corn, even though they are not even close to overaccumulation status... but, yep, I know there are various opinions regarding how aggressive any guys should be within their bitcoin accumulation practices, and I am surely much of an advocate for changing levels of BTC accumulation aggressiveness based on BTC price movements.. .. yet I think sometimes normies make the error of lowering their BTC accumulation aggressiveness based on their speculation that the BTC price may go down further, which surely may or may not end up happening.
HEY @THEYMOS:
bring back the glowing ignore button... it was awesome.
By the way, I am not really clear about the difference between the current ignore link versus a "glowing ignore button" - except maybe it makes you feel better to press it when it glows?
#askingforafriendread plz:
https://bt.irlbtc.com/view/5568838.msg66188340#msg66188340Whoaza!!!!!!!!!!!!!!!!!
A whole thread on the topic.
I have no intention of proof-checking such articles for accuracy - any more than you would proof-check a Wall Street Journal or Bloomberg Finance article for accuracy! Crappy sources or not, the articles are out there! I hope that is understood. Fair enough?
No. Not fair enough. You are posting crappy information and diluting the quality of the forum and this thread.
In udder wurds, you and your purposefully sloppy-ass shitposts are a pox upon this house.
JJG - As if there aren't literally thousands of off-topic posts in this thread.
So, you think I purposefully post what you call 'shitposts'; No, dumbass - I actually posted the bitcoin related news from the Coingecko website to be helpful.
What a stupid idiotic fool you are... It's clear that you will always be a scumbag asshole! Fuck you!
You are exactly showing that you have no fucking clue.
You are right that pretty much anything goes in this thread, but if you are pumping shitcoins, then guys (including yours truly) are going to be hostile to you .. so stop trying to act as if you are fully in compliance with the culture of this thread's when at best you are a "Johnny come lately" who is new to bitcoin and wants to show us how to fix it.
Several guys have already attempted to help you several times, yet you remain a stubborn fuck which shows your ongoing bad intentions.
At least they are liquidating longs and shorts. That tells me that we are nearing fair value. Perhaps this bear market wont last into 2027 like previous cycles would have you believe.
There is not enough evidence yet to establish that we have gone into a bear market, even though there continues to be evidence of strong ongoing manipulation which likely shows a bit of desperation to try to make it seem that we have gone into a bear market, even though we haven't.
Of course, I am NOT 100% sure that we won't go into a bear market, even though it seems to me that the evidence is not strong enough to conclude that we already are in a bear market (rather than merely a correction within a still ongoing bull market).
..... I find it strange also if the market does not respond positively in the coming days. It seems extremely manipulated because both bad and good news either produce no reaction or more sell pressure.
I have come to the conclusion that the bitcoin market (prices) are "extremely manipulated."
What else is new? Where is Torque when we need him?

Above is a still shot of a "mindblown" meme. I couldn't get the animated version to work.