that doesn't tell you anything about his/her/their motivations, just what they were trying to accomplish, not why they/them were trying to accomplish it. It's well known in bitcoin circles that it's actually better that no one really knows the inventor or their motivations, because everyone has been able to decide why they believe in it for themselves, instead of some author writing the story for you.
OT- Bitcoin
- Thread starter redwine65
- Start date
Who the hell do you think embedded that text? That Times reporter?
Times reporter: *Walks into room where Satoshi is mining the blockchains* "Yes Mr. Satoshi, please embed the title of my article. I mean for the editor of Times magazine, not me of course."
Mr. Satoshi: "I have no opinion on this matter, ask @redli you'll find him on the Rivals husker board."
Times reporter: "Pretty please with sprinkles on top?"
Mr. Satoshi: "Oh sure but just so I don't miss out on the front 9 with @redli he's buying the beers on the odd holes" "I actually have no opinion on currency at all, especially negativity, and I can't wait to arbitrarily make some serious friction in my life with some of the most powerful players on the planet. So, what the hell"
What would be the point? Couldn't they just bitcoin with their NIL money? It would be like asking for NIL in cars, clothes, and jewelry. Just buy it yourself.
Agree. It's not a good idea to have someone else conduct your crypto business and know your keys and passphrases. LOL
May as well give them your checking/savings/banking, stock/bond portfolio passwords while you're at it, along with all your answers to all the security questions.
IF......... BTC follows it's pattern, the cycle high would be Oct to Dec 2025. So, about a year from now.
The next cycle low will be about a year after the cycle high. So, the next low will be somewhere between September 2026 to March of 2027.
Having said all that BTC, and all other traded investment vehicles will go up and down, up and down, like they always do.
However, there are some factors that are unprecedented compared to last cycles which could affect things:
1. We have a crypto friendly President that was talking about not taxing BTC.
2. BTC ETF's are now a thing which opens up investment from the public at large through retirement accounts and not just the "crypto bros" gambling on a new tech
I took some profits. I think it flirts with 100, but who knows
I will be at least trimming mine soon here around 85k. I flirted with buying SOL on Friday as a saw it bouncing off a trendline and could rebound a lot more here but I am not in it. It is up 55% today
As you know Tampa, I don't predict the price point on anything, including precious metals, BTC and ETH. However, on Feb 12 of this year (9 months ago) I DID make price predictions to one of our board members, and frankly, at this point, my predictions from 9 monhts ago, look pretty damn good.
I don't have any more insight or knowledge than anyone else, I just am pretty good at adding the dots together with numbers.
I'm always hesitant to post what they are because the last thing I want to do is to sway anyone or give them a reason to move on something they've been contemplating already.
If you want me to tell you my price predictions, I will, knowing full well, as we all do, BTC has the ability to have giant moves up and down. It's a strange and volatile animal, and sometimes one thing economically or geopolitically can drive it up or down quickly.
The problem for many people is when it reaches the price it now is, it really does represent a "gamble" which costs more than just a few dollars to see if your opinion is right or wrong.
There has been a lot of talk from the incoming Administration that can make BTC act in a way that will be need to be understood before any concrete directions surface.
One thing I do know, and I told my forum buddy this, when and if, and it WILL reach 100K, then I am going to start to withdraw portions of a lot of the BTC holdings I have. At that price point, it would make me nervous to just keep holding and holding and holding when I know I can transfer that money into something I can hold in my hand and feel secure about it.
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Sold half BTC at 85,100. Bought in March 2023. Unrelated: I believe the market is getting ahead of itself and is due for a pullback soon. Looking for a spot soon to unload some of my TSLA shares. I knew it would be a nice red wave stock but I did not expect anything like this, what a run!
I always encourage anyone to do what they feel is in their best interest. We don't have to agree or disagree, or even have input, because it IS your money, right?
Should be none of my business.
It's very likely they will try to keep the wheels from falling off until the new candidate takes office so they can place it in his lap, when in reality, that blame should be from Obama and every CIC since that time with the rampant deficit and spending increases.
At my age, it isn't about making more or capitalizing more, its more a matter of maintaining what I already have in the safest way possible.
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Also with a Pub entering office soon these are the times I buy guns. Sell them during a Dem term. I'll be looking out for guns to drop in price over the next 4. Then sell if a Dem takes the WH next term.
They hold value darn good. So if by chance we get another Pub in office it's not a big deal if you're wanting to diversify and you're sitting on too much cash.
AMMO too..
They hold value darn good. So if by chance we get another Pub in office it's not a big deal if you're wanting to diversify and you're sitting on too much cash.
AMMO too..
That's so f'n American that I'm starting to get a little emotional. Merica!
All working as planned. Expect bull to last through middle to late 2025.
Just follow global liquidity and start cashing out and taking profits as the chart starts forming a top
EDIT: best to be safer than sorry and plan taking % profits at key points.
I have bought, but never sold, so I have no realized gains or losses yet.
Whoever formed this theory is an idiot. Probably tries to time everything with TA. If you find a videos, etc from folks who do this on YouTube, unfollow.
Find folks like Asymetrix and Real Vision who follow macro well to form your plan for this bull. 98% of the people, especially if they are only crypto, have no fing idea what they are talking about and basically guessing.
If you get the macro right, you will get the crypto right.
I wonder if this site falls under Section 230 regarding social media. If a social media site enjoys certain government allowances such as YouTube to allow posted content from other producers like movies, games, ect without proper licensing they cannot prevent free speech of its users.
This is going to happen soon. Not sure if this particular site falls under Section 230 but if so, they are going to be in trouble for putting people in timeout pretty soon......if the people who have been put in timeout want to pursue it.
Again not sure if this site falls under section 230 though.
This think it might hit 90k today. I should of listened to @dsmalls3 and put my entire net worth in BTC and SOL.. dude called it
Yeah my computer programmer buddy kept telling me to invest in it back in like 2012 and i didn't listen to him.... so you're not the only one dude.
I think dsmalls3 did a great job.
On Feb 14 of this year, I called for the same thing, but, I did so in a private chat with another forum member and I ran it through the end of the year. I'm not trying to piggyback off dsmalls because I think we both arrived at similar price points using different metrix and methodology.
88K is a very key price point. There are nuances to that number that must be played out, then BTC makes a different move.
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I like Raul, he's got a great mind when it comes to macro.
The guy with the 5.3 theory is this guy.. and his TA is actually pretty good.
That’s bc your band sucks
We're a Third Eye Blind tribute band, NOT a cover band.
Yesterday BTC opened at 81,551.00 and closed at 88,818.00.
Today, it opened at 88,741 and as of 7:30 is 86,114.00.
Closing at 88K remains a key price point.
Help me understand what you mean by that. Are you saying 88k is a ceiling that is going to be hard to break through? Are you saying once 88k is broken through there is significant upside? Something else? 88k is key. Key to what?
I'm not being critical, I just am trying to understand the thought process.
You're asking me to clarify something about 88K that's not in play at the moment. But, yes since February of this year, i have viewed 88K as a key price point, for more than just one reason. No point in elaborating what that point is, until that point actually arrives. Hope that's not confusing, or evasive, cause that's the best I'm gonna give you right now.
I did say yesterday, once BTC hits 100K I will start divesting small percentages of the BTC that I've owned since 2009. This has never been about greed or getting wealthy, after all, just like the Federal Reserve Note, BTC is nothing more than digits on a computer screen, right?
Yet, we are at the time now, where a mistake in purchasing portions, or entire BTC. can really bite someone in the ass if they're wrong. I don't want to be the cause of anyone losing a penny on account of what I may say or predict. Unlike some people, I actually give a shit if I'm right or wrong.
It appears the new Administration is considering using BTC as a strategic bitcoin reserve. Now that can be good or bad. Am I really excited to see the same government involved in that that has led the FRN to drop 98% over time, or run up a national deficit in the 35Trillion dollar range? Not really.
The new potential Secretary is very pro Bitcoin and there likely will be legislation introduced that could make it accelerate at a very quick pace. My hang up is simple: Trump and the new Administration are not certified or in power yet. There is no question, the people that own Harris are NOT going to give up power.
It's very likely they will ask Joe to formally step down, and if he refuses, they will step him down. On November 26, it is possible the judge in NY will sentence DJT to 4 years in prison, or he may force him into house arrest, 24 hour a day monitoring, community service or a fine, or any of the above. For those that are less in tune with the Constitution, a President cannot pardon himself against State charges. So, all bets are off until the 26th.
At the end of the day, I didn't answer your question about the 88K because I'm monitoring the process from the initial 88K price hike to a definitie move. I do have a VERY strong position on how the BTC thing "could" and likely would play out should things proceed to the point where the ptb are considering making BTC part of a national bitcoin reserve. That's the play where unsuspecting people could be led to stepping over dollars to pick up pennies.
Even if people miss this uptick, I see a lot more potential in the next few months for an entry point at a much lower price for those that want to get involved. That doesn't mean I'm saying the price will go down, but in the scenario I talk about above, it is likely to happen. But, it will have been by deception and betrayal.
what’s the point in g
I can think of 123456 reasons why it makes sense. You just don’t get it
Imagine investing in Bitcoin when you could have put your entire net worth into $PEPE. Even $DOGE has outperformed Bitcoin considerably in the past year.
If you're going to go for broke in the incredibly risky crypto space, meme coins are the way to go. The risk is massive but outsized gains will only be made in meme coins at this point.
If you're going to go for broke in the incredibly risky crypto space, meme coins are the way to go. The risk is massive but outsized gains will only be made in meme coins at this point.
It’s only incredibly risky if you have no idea what you are doing. BTC has actually been a money glitch its cycles have been so predictable.
You are correct memecoins outperformed in Q1 2024 and will continue to do so the rest of this bull cycle. They are easy to understand for retail and at the end of the day 90% of people are in crypto to make profit.
Solana memes are the way to go. Base memes are insanely undervalued at the moment. Coinbase is going to pump the hell out of Base and has a ton of daily active users already. Base will come as an Eth rotation.
Certain AI tokens like Render will pump hard too.
