Here’s a chart I found on the interwebz. The four year cycle folks (like myself) have to be searching for the exits. Now might not be the right time, but time is running out quickly to sell above $100K if you ask me. I don’t think we’ll see $118K again for a few years. As always, I’d love to be wrong.
what are the green lines?
hahahaha.. what retarded!!!!!
I had not even noticed earlier the mentioning of that shitcoin therein, as if the juxtaposing shitcoin information into such graph is supposed to help us to come to a "better" conclusion.. when the shitcoin is just doing whatever King daddy bitcoin does.
I am still concerned and was from the first day the ETFs were approved. That consolidation into institutional hands is going to lead to rehypothication one way or another. In fact, as commercial banks begin to hold Bitcoin, just in the diversity of institutional holders, we will definitely see shenanigans.
I share this concern about rehypothecation and near-certain shenanigans. Bitcoin offers a relatively easy way to check against that, but the rules are not in place (yet?). If a couple of bad actors get spanked on their dicks for misbehaving, this issue might get on the way to solve itself. I admit that it's a pretty sizable "if".
We cannot rely on fucktwat regulators to help resolve these kinds of matters, since it is quite likely that the fucktwat regulators will ongoingly be playing favorites, and they surely are not on the side of the kinds of people empowerment that bitcoin brings to the masses as long as free market puts the rehypothicators in check when they are not even close to having the quantity of coins that they claim to have...
By the way, I believe that the free market does allow for a certain level of rehypothication, yet surely if there is a run on your bank and you are claiming to have a certain number of coins.. you may well need to have an overwhelming majority of those coins that are claimed to be had.. and 10% or less of the claimed coins is not very likely to be able to cut it, and perhaps even 50% or less might not be able to survive such run on the bank, either, so then there becomes a question of whether they will be bailed out or if there is some entity with BIG enough pockets to bail out such fractional practices, and we know historically, regulatory entities have had patterns and practices of playing favorites, supposedly in the "public interest' and at the same time having patterns /practices of abusing such public interests, as is shown in the practice of printing money without recourse. which damages almost everyone except the favorites who receive the post print handouts (the Cantillon effect - favors those closest to the money printer).
I was in the middle of drafting a post, and then I accidentally posted it.. so then when I went to redraft the post, I put the temporary "ssdf" as a place maker, until I came back to delete the post. So the "ssdf" was only there for a few minutes before I deleted the whole post.
[edited out]
A friend married into a Wagyu farming family.
He told me that all these cows are super ill and get butchered just before they die from disease. Just imagine what your doctor would tell you, if you had that much fat in your muscle tissue.
These cows are suffering from fatty liver disease, Insulin resistance, Myosteatosis, Diabetes and so on... and they often are on the brink of dying from these diseases...
I will stick to my lean filet... (which is also from Japan)
You are living in a dream if you believe that fatty beef is bad for your health.
Sure it may be bad for the cow's health, but eating it is not bad for the health of the person eating it.
Here’s a chart I found on the interwebz. The four year cycle folks (like myself) have to be searching for the exits. Now might not be the right time, but time is running out quickly to sell above $100K if you ask me. I don’t think we’ll see $118K again for a few years. As always, I’d love to be wrong.
what are the green lines?
I believe they are a heat map of days after the halving. This is how I predicted the top being in this September several years ago. A prediction that I was mocked at making just a couple weeks ago but now is looking pretty dead on. Like I’ve said. The four year cycle might as well be my religion at this point. I believe in it.
Of course.. .You are the greatest.
And, you also seem to be undefeated in your ways to figure out ways to always spin matters so that you are always right, even when you were not right.
It probably is real challenging for you to live around folks who are way less perfect than ur lil selfie.
With all near-sighted cycle adherents, bitcoin has become not a very attractive investment proposition, currently.
Every second all we hear is..cycle this and cycle that.
Very annoying and already shown by @AlcoHODL to be dissipating in effect, as expected.
If I am to assign blame to bitcoin nonperformance in 2021-2025 period, it is the belief in "cycles" when no one buys in the middle, then eager to sell "'cause of cycles".
That, and maybe stupidly optimistic Wall Street calls.
Any good idea can end up getting perverted, yet I doubt that we have any reasons to give up on "cycle theory" when it continues to be amongst the best (if not the best) game in town.
You were poo pooing cycle theory in 2021 too..
At least you are a somewhat consistent Negative Nancy.
That said, it is also possible that we are nearing some economic reset (maybe 20-30% probability) and bitcoin "sniffs it out" before everybody else because it is a freer market.
Overall, bitcoin at $2 tril makes no sense (like a guy with $5 mil in "Succession", see below), long term...it will become either 10X or 0.1X.
https://www.youtube.com/watch?v=m0sRrsara9cMake your choices.
hahahahaha..
That video is funny.
And, of course, I am pretty confident that we have some decently good ideas where "this bad boy" is going. There just remain uncertainties in regards to the timeline and the exact route in getting there.
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Oh yes… The old, “it’s different this time” argument. Hey, I have more than 2/3s of my net worth in Bitcoin and I know everyone in here will only bash me for saying it is time to sell.
So, you are ONLY trying to get us worked up.. so you would be called a "troll," then?
Still doesn’t change the truth about the 4-year cycle. That’s why I started saying that I would turn bearish in Q4 of 2025 literally years ago, to prepare folks.
Oh gawd..
You know the future 4 years in advance?
I do this every 4 years. When everyone else disappears again in 2027 as the price bottoms, I’ll be back and bullish as ever.
It's like you are on your own unique path that is quite noticeably higher than mere mortals.
I sure would like to be your friend... Maybe some of your smartness and greatness will rub off?
One can only dream.
I like steaks seared a bit but not dry. or over done.
medium rare not for me
rare beef tastes wrong to me.
and dried out well done a bit worse than 2 rare.
You don't like well done
and you don't like medium rare (nor rare)
So then you are saying you like medium?
Medium tends to be to well done for me, so I usually prefer medium rare, but rare can be acceptable to as long as it is still hot.. and yeah, there might be a difference with cut that is something like 2 inches (like a Tomahawk) or if it is under an inch.. I prefer thicker cuts, but surely they can sometimes be challenging to "get right."
Do we need something like a cycles-funeral now too?
EDIT: Asking for a friend, again
No. A funeral is not necessary. You are asking too early.
EDIT2: Wow, that skirt steak looks awesome! I'm a vegetarian since a few years, but i still cook meat for the family.
My condolences in regards to your vegetarianism.
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