i hope we go lower,
got me 109.8k dip
its gonna dip more lol
Is it going to $100k?
Lower than $100k?
Or some other number?
How do you know?
Even when there is down momentum, it is not necessarily easy to determine when the momentum is going to reverse.
I know that there are some guys hoping that the price would not go below $106k/$107k yet sure anything can happen, and we cannot become too reliant upon certain support levels holding, but yeah at a certain point, there are no more sellers and no more weak hands to shake out.
Even $106k is ONLY right around 15% below the current ATH, so a 15% dip is hardly even enough to get excited.
[edited out]
Not sure why it wasn't just accepted that I (like Philip) have the same attitude of not being "worried that much over a possible $5 wrench incident happening" to me as my personal assessment.
I don't even own any BTC, I own many shares of spot Bitcoin ETF. Yet, I was put through the meat grinder and ridiculed for possibly revealing opsec sensitive info... Amazing!
Thanks, i obviously missed that.
Isn't "meat grinder" a term originating in russian army tactics? Hm, anyway, a little exaggerated, no?
The intensity puts question into sincerity.. not that we all have to be lovey dovey... and you already mentioned that if a guy (especially a newbie or a brand newbie) is expecting trust to build in an early or a quick way, then that's problematic (another red flag).
Did we just bounce off $110k flat?
Beautiful!
Too early to proclaim it is (was) a bounce.
One of my oldest mistakes
I am still getting lost in low-timeframe charts now and then.
I suppose that it sometimes can work if you are playing with small amounts... you might get lucky, or you might identify an actual meaningful pattern.
i hope we go lower,
aggr.trade going mad right now
Hell of a lot of longs getting fucked today.
EDIT: Exactly 24h after yesterday's red 1h candle. Coincidence?
Leverage is a bitch.
This.
I am not always clear about how to measure these things, since we likely know that the longs will pile up an then they will get reckt, and the same is true on the other end.. the shorts pile up and then they get rekt..
One way to lose money on an otherwise winning bet? Use leverage.
i hope we go lower,
got me 109.8k dip
its gonna dip more lol
Just get the damn dips..
There is a need to be specific if you are employing buying the dip strategies, since how is anyone going to know if the BTC price has stopped dipping or even how far the dip is going to go?
I am reluctant about the idea of holding value back for buying dips, but I am not completely opposed to the idea since I think that there are ways to structure such buy the dip orders, even though the dip is a bit of a moving target.
Of course, it is difficult to know how CheapYoutubeHits might be attempting to play these kinds of dips since he has already been registered on the forum for more than 12 years, so my general presumption regarding really longer term bitcoiners is that they are needing to have pretty large dips before they might buy, sine the presumption is that they should already have enough or more than enough bitcoin.. even though surely some of the longer term bitcoiners defy such expectations since they had been emphasizing trading rather than investing, so they might have had never reached overaccumulation status and perhaps never learned the lesson that bitcoin is not really much of a good thing to trade as compared to how great it is as an investment.
Now with you, promise444c5, you only have a couple of years registered on the forum, so there would likely be much more value in regards to buying regularly (such as weekly) and/or sure if you had front loaded your bitcoin investment that would have had been good too, yet neither of those are really helped too much in regards to trying to figure out when dips might or might not happen and holding back value for buying dips rather than just buying regularly, consistently, persistently, ongoingly and perhaps aggressively... so in that regard our current prices are nothing special as compared if you had already been putting your all into bitcoin prior to mid-July, we are largely just back to prices where we were in around early July.
Huge difference between me and Strategy they filled with huge amount and I filled with $1K.
Strategy buys $357M in Bitcoin as price drops.
We should not be comparing ourselves and our bitcoin accumulation to Strategy's. They were already out of touch with reality (at least the reality of individuals) on their first couple of purchases of bitcoin in around August and September 2020 when they used around 75% of their cash reserves to buy a bit more than $400 million of bitcoin (
see fillippone's OP and thread on the topic), and the already had close to 40k bitcoin by that time, and yeah they have been getting more and more creative with their finances to become even more and more out of touch with how normal people would attempt to balance their bitcoin purchases with their other assets and even with their incoming cash. I am not suggesting that they have been doing anything wrong, since their strategy is brilliant and a master class in terms of their being able to use their company's situation and even the convincing marketing skills of Saylor to be able to use other people's money and passion so that they can buy bitcoin without overly leveraging themselves... yet their techniques could be quite dangerous for individuals to attempt at anything close to the same intensity.
ignore list
its amazing how this thread seems to be the go-to place for idiots who attempt to to get placed on the most ignore lists as possible. especially merit source ignore lists.
He is likely going to get tagged with negative trust.
Too bad as i was a believer.
I had not even looked BTCETFInvestor up prior to engaging with him, and it looks like if some of us had not quoted his WO posts, we would not be able to see such WO posts, since it looks like he deleted all of his WO posts, and yeah some of them were getting to be quite annoying in both their frequency and their content, and probably he was having the opposite effect as he was hoping to get..
[Edited out]
Don't trust, verify.
Imo, you can't be
very pro Bitcoin
if you don't embrace this soul statement, which is one of the core aspects of the Bitcoin blockchain.
Many of us already know that owning Bitcoin ETFs is not the same as owning bitcoin, and sure there can be some legitimate reasons that guys might own bitcoin ETFs rather than owning bitcoin or perhaps to own both bitcoin and Bitcoin ETFs can also be acceptable in certain circumstances.
I won't completely bash folks (especially newbies) for owning bitcoin ETFs, yet I may well bash newbies and others for arguing that bitcoin etfs are the same thing or close enough to the same thing as owning bitcoin directly, when they are not.
There is a difference between owning price exposure to bitcoin and owning the underlying bitcoin directly, including that some folks hold their bitcoin on exchanges (or with other 3rd parties) which can be problematic depending on the relationship and perhaps how much of their bitcoin stash are held in those custodian relations, and sure sometimes there might be a role for price exposure and/or third party custody arrangements in certain contexts.. even though the actual power of bitcoin comes from holding it and transacting in it directly, which sure bitcoin might still have some power even when it is not held by individuals, yet bitcoin may well end up getting neutered quite a bit if it were to go down a path of having hardly any individual ownership.
Yes, i got you, and i can relate, mainly because ETF Bitcoin are
actual coins held by custodians.
But when i would say i am "(very) pro Bitcoin" i would literally mean Bitcoin, not BTCETFs. But that's probably only my nitpicking me.
On the other hand, when one says things like "i am pro Gold" and actually "holds"
paper gold at Robinhood and the likes, doesn't he make a bit a clown of himself?
Maybe i was a little ashamed of BTCETFInvestor's toxicity and tried to teach him too much from my Bitcoin-maximalist point of view?
Anyway, i decided to let go of discussing with him, his recent out-of-context replies were too much (or less than needed?) to go on with a meaningful debate.
Yes. I understand that the conversation had been devolving into more and more disjointedness.
See below: BTCETFInvestor said that he did not own any bitcoin, only shares in a spot Bitcoin ETF, which was part of the reason that he could potentially be more lackadaisical in regards to his personal OPSec.
[edited out]
Not sure why it wasn't just accepted that I (like Philip) have the same attitude of not being "worried that much over a possible $5 wrench incident happening" to me as my personal assessment.
I don't even own any BTC, I own many shares of spot Bitcoin ETF. Yet, I was put through the meat grinder and ridiculed for possibly revealing opsec sensitive info... Amazing!
Did we just bounce off $110k flat?
Beautiful!
Too early to proclaim it is (was) a bounce.
i hope we go lower,
Usually low coiners or no coiners make such assertions, yet you have been registered on the forum since April 2013. I would have had thought you would have had stacked enough corn by now, so that you could be sufficiently prepared for UP.
i hope we go lower,
aggr.trade going mad right now
Hell of a lot of longs getting fucked today.
EDIT: Exactly 24h after yesterday's red 1h candle. Coincidence?
Leverage is a bitch.
[edited out]
So Jay, are you now convinced that I've been truthful all along,
Whether you are truthful or not is difficult for me to know. You are still pretty new in these here parts, and seemingly quite the drama queen wannabe.
From my perspective, from the beginning, you had a poor way of presenting your matters and/or responding to inquiries.. whether that was purposeful or not, I am not in a position to say...
Even though several guys here (including yours truly) are sympathetic to Ham operators, to guys with technical knowledge and/or to guys with technical experiences and/or otherwise interesting experiences, you seem to want me to come out and say that you are the greatest thing since sliced bread and that you did not deserve whatever level of backlash and/or scrutiny that you received based on your posting choices?
I doubt that it was ONLY me who had questions regarding your posting choices, even though perhaps from time to time I was a wee bit meaner than I needed to have had been. perhaps? but your ongoing emotionalism is not helping to make me feel guilty if I might have possibly made some unwarranted meanie comments in your direction.
and I'm not a threat to anyone?
That's a strange way of putting matters. I think that many of us, including myself, appreciate guys chiming in on topics and/or who have experiences that they want to weave into bitcoin discussions in this thread to the extent that such guys aren't just wanting to pump drama.
Has this issue finally been resolved to your satisfaction?
You want to keep talking about the topic? I doubt that you are going to get me proclaiming that the matter is resolved in the sense that you already made various posts and I already made various responsive posts (way more than I would have had wanted to make), yet it seems possible that we should be able to move on from here. Perhaps? perhaps? Yet, you are not seeming to want to let it go, and surely you are going to be used as an example of what not to do.. so if you want to consider that as "resolved," then so be it.
And yeah, guys do not always agree in this thread, including we might not agree about some topic related to bitcoin or some topics that are being posted in the thread and/or whether a poster is being disingenuine or perhaps another poster is being too much of a meanie..
I would imagine that most normal people do not come to forum threads in order to create or to incite drama - even though drama does sometimes end up taking place.
Does this proof work for you guys? To quash any suspicions about the likelihood that I had posted fake images or images of equipment that was not mine has definitely been quite an eye-opening experience!
I'm even surprised I lasted this long...
Thank you, Richy_T! I appreciate your thoughtful comment. Yeah, I should have!
@Richy_T - You know, I put up with this shit because I'm new here and more like a guest, so I felt obliged to go along with their dumbass requests to prove that their stupid accusations were idiotic bullshit.
Victim?
I find it odd how some people here claim to be overly cautious about not revealing anything about themselves (a.k.a. possible opsec sensitive info), but someone like Legendary member 'philipma1957' is not bothered at all by saying what state he lives in (or where he is looking for a house in another state), and the distance he lives from the water's edge during the recent storm that moved up the east coast. And he is unbothered by providing how to view his eBay page. Then there are some OG members here that pestered the hell out of me about stupid shit that revealed absolutely nothing meaningful. Fucking amazing!!!
OpSec is a choice, and forum members will sometimes get into trouble if they try to investigate into members who attempt to take better OPsec measures. Of course, there are also public figures in bitcoin, and sometimes they will visit this thread.. Some folks choose to be more open and public than others, and this forum does not expect members to be public and it will frequently punish members who try to out other members.
Again, over the years, some members in this here thread have concluded that they needed to make changes to their forum profile after they had made OpSec mistakes (revelations) and some forum members had gone through extensive deletions of their historical forum posts likely due to their having had regretted some of their earlier OpSec revealings... Any of us could make some mistakes in regards to how much we reveal and the context of our revealings.
[edited out]
...you could as well read the thread from page1 as I did at the time, but I admit at the current page count this could be a quite exhausting task......
The disappearance of several images throughout the forum and within this thread, including Imgur images has made some of the historical posts more difficult to understand within a proper context.
[edited out]
I trust that the original accusation of plagiarization is now history - as there was never any logical reason for such suspicion in the first place!!!
No logical reason for suspicions. You make no sense. You seem to be in your own little fantasy world.
I feel it was all just made up bullshit to harass a new member and flex some OG muscle... In my opinion no OG member should be proud of that bullying!
Poor lil guy.
[edited out]
All in all, blaming WO's for just following this
pragma of verification, (despite you are (hopefully) knowing better now) is indeed very toxic behavior.
Surely, BTCETFInvestor is not as innocent as he is trying to make himself out to be. Nonetheless, he keeps wanting to stir the pot by suggesting guys here are out to get him, which is likely not the case.
At the same time, BTCETFInvestor still provided questionable information (and explanation), at best... not that he needed to provide whatever information, explanation and/or evidence that he had chosen to provide in the first place, and at the same time, he continues to want to denigrate the idea of OPsec as if OpSec does not matter... while seeming to continue to want to argue for the mere sake of it.
This guy didn't get it (yet?)
@OOM - Tell me what 'it' is, like an intelligent human being explaining 'it' to another
intelligent human being...
You didn't get, like psycodad explained in a very detailed manner, that this is not a place where anyone is trusted without verification.
Eddie (and i think richie, too, probably even more WO's) already explained to you how you can prove that the content posted is yours (by holding the WO sign or a piece of written paper with date and nickname on it, so that it can be seen on the same photograph). You said this was not be possible because the shack/rack and antenna is nonexistant anymore, which is fine, but makes us still not able to verify if these pics were actually taken by yourself.
Posting blurred HAM radio license scans (who could be from whoever) didn't help.
Any
intelligent human being would accept that this doesn't provide valid proof, but rather grasp how to use the information you have been given on how to post verifiable photos here, which may be not possible for the photographs you posted here in the near past. That's fine too, but it leaves a bad smell, at least in the scope of the posts regarding those photographs.
That's how me, as a hopefully intelligent human being would explain it to another (hopefully) intelligent human being.
The
mistrust issue - or however you might call it - is thus not removed, but you can adapt, learn from your mistakes about how WO members generally deal with information given to them, and try not to repeat those mistakes again.
I trust that the original accusation of plagiarization is now history - as there was never any logical reason for such suspicion in the first place!!! I feel it was all just made up bullshit to harass a new member and flex some OG muscle... In my opinion no OG member should be proud of that bullying!
This just shows (me) that you didn't get it (yet?).
It's not about bullying behaviour, nor harassment, nor flexing "OG muscle" (whatever that would mean).
You put yourself in a position of distrust, which Jay explained quite good to you (imo), but i wonder why that means so much to you (or
your lil selfie (c)).
But: You can trust me. You can trust me that i also made similar mistakes in the past. You can trust me that it's not about power or ego, it's all about this:
Don't trust, verify.
Imo, you can't be
very pro Bitcoin
if you don't embrace this soul statement, which is one of the core aspects of the Bitcoin blockchain.
EDIT:
All in all, blaming WO's for just following this
pragma of verification, (despite you are (hopefully) knowing better now) is indeed very toxic behavior.
I thought that's worth mentioning, too.
SO, tell me OOM - what do you think of Richy_T's advice to me when he says; '
I would just have replied "Fuck you". Why would anyone lie about being a radio ham and why would anyone care if they did?'
This guy didn't get it (yet?)
@OOM - Tell me what 'it' is, like an intelligent human being explaining 'it' to another
intelligent human being...
You didn't get, like psycodad explained in a very detailed manner, that this is not a place where anyone is trusted without verification.
Eddie (and i think richie, too, probably even more WO's) already explained to you how you can prove that the content posted is yours (by holding the WO sign or a piece of written paper with date and nickname on it, so that it can be seen on the same photograph). You said this was not be possible because the shack/rack and antenna is nonexistant anymore, which is fine, but makes us still not able to verify if these pics were actually taken by yourself.
Posting blurred HAM radio license scans (who could be from whoever) didn't help.
Any
intelligent human being would accept that this doesn't provide valid proof, but rather grasp how to use the information you have been given on how to post verifiable photos here, which may be not possible for the photographs you posted here in the near past. That's fine too, but it leaves a bad smell, at least in the scope of the posts regarding those photographs.
That's how me, as a hopefully intelligent human being would explain it to another (hopefully) intelligent human being.
The
mistrust issue - or however you might call it - is thus not removed, but you can adapt, learn from your mistakes about how WO members generally deal with information given to them, and try not to repeat those mistakes again.
I trust that the original accusation of plagiarization is now history - as there was never any logical reason for such suspicion in the first place!!! I feel it was all just made up bullshit to harass a new member and flex some OG muscle... In my opinion no OG member should be proud of that bullying!
This just shows (me) that you didn't get it (yet?).
It's not about bullying behaviour, nor harassment, nor flexing "OG muscle" (whatever that would mean).
You put yourself in a position of distrust, which Jay explained quite good to you (imo), but i wonder why that means so much to you (or
your lil selfie (c)).
But: You can trust me. You can trust me that i also made similar mistakes in the past. You can trust me that it's not about power or ego, it's all about this:
Don't trust, verify.
Imo, you can't be
very pro Bitcoin
if you don't embrace this soul statement, which is one of the core aspects of the Bitcoin blockchain.
Does this proof work for you guys? To quash any suspicions about the likelihood that I had posted fake images or images of equipment that was not mine has definitely been quite an eye-opening experience!
I'm even surprised I lasted this long...
Thank you, Richy_T! I appreciate your thoughtful comment. Yeah, I should have!
You know, I find odd how some people here are overly cautious about not revealing anything about themselves (a.k.a. possible opsec sensitive info), but someone like Legendary member 'philipma1957' is not bothered at all by saying what state he lives in, and the distance he lives from the water's edge during the recent storm that moved up the east coast. And he is unbothered by providing how to view his eBay page. Then there are some OG members here that pestered the hell out of me about stupid shit that revealed absolutely nothing meaningful. Fucking amazing!!!
That's not odd at all, philip is probably just not worried that much over a possible $5 wrench incident happening to him which is his personal assessment.
Also he said at times that he blew his opsec by selling miners here and on ebay long ago and from then on it really is not worth the effort as the internet does not forget (correct me if I am wrong philip).
And you realize you have come to a forum that originated at least partly on the cypherpunks ML and has quite some hacker spirit baked in? These people normally don't trust - they verify. And they know you lose your opsec/pseudonimity only once, when it's gone that ship has sailed forever.
If you hang on for some time and keep sticking around in this thread and forum you will probably find out why some people here get suspicious easily (you could as well read the thread from page1 as I did at the time, but I admit at the current page count this could be a quite exhausting task). In any case plagiarization is very frowned upon in this place by good reason and that was the original concern raised with your photos.
Nonetheless welcome!
@psycodad - Thank you!
I trust that original concern is now history...