well we are up a bit.
I think that was Saylor's $800 million dollar buy... If so, this is probably the last pump we see above $100K. #dontshootthemessenger
You sound real desperate, which is ONLY going to get worse as the price goes up and you realize that you sold too much too soon, again.
Simple explanations regarding how BTC prices work will likely get you into trouble, since Saylor/MSTR is not the ONLY buyer keeping up the BTC price.
He really needs to rally the troops for some more buying. This pump did take us past the $104K resistance, which is bullish. It is absolutely critical for the market to hit $109K before $97K or else confirmation is in and we head straight to $78K....
Are you channeling Proudhon? Maybe you would like to write
a song how you feel about the matter?
[edited out]
Look i was pretty broke in 2012. But when btc dropped to 7 bucks in December of 2012.
I could have went for 1000 coins some people on this thread did that and they may have 500 coins and millions in cash as I type.
He certainly could have had as much as 100,000 coins.
My understanding of how good btc was in 2012 did not exist.
I did get it by dec 2017.
But he was so far ahead of the curve compared to me he likely was the guy that just sold m those 10,000 coins.
I AM certain he has more than the 10,000 he just sold.
There are all kinds of situations in which a guy could have had bought quite a few coins in 2012.. or even spreading out his buying of coins between 2012 and 2015, and still did quite well, even with selling more than 80% of the coins on the way up. So we would not even need to be so extreme in our example of the guy investing a little and profiting a lot.
So a guy could have even took a few years to get to 200 coins and got down to 50-ish coins and still been quite fine - that is the kind of practice that I have been attempting to advocate - more or less since I got on the forum.. which is a practice to accumulate a bunch of coins towards the beginning and then to allow for slowly selling off as the price rises but only after having had spent time accumulating, and never selling more than 10% of the coins for any doubling of the price - even though we have found out that in some cases, there could have been a sale of 25% after each doubling and still been quite well off.
We do not need to go with the 1k coins bought in 2012-ish but instead go with a lower quantity of coins bought betwen 2012 and 2015 and then maybe starting to sell some of the coins in 2016 or thereabouts at $500.. and then every time the price double sell up to 10% or if there is anxiety even selling higher amounts, perhaps up to 25%, even though that seems like too much for me. Of course, I presented variations of this kind of a doubling calculation
before, so we have nearly 9 doublings if we start with $250 as our base.
We could see that even with modest examples millions of dollars could have had been extracted.. so even a guy that might have started out with less than 200 coins could have still extracted millions, but yeah, a guy who started out with close to 1k coins could have had extracted even more.. and still maybe ended up still having 50-100 coins that are more valuable than anything close to the amount that he initially invested. You can play with various numbers and formulas with
my price based sustainable withdrawal tool.
Now is the time for so many hypothesis about the market. Never in the history of bitcoin have we been as confused as now but what is becoming clearer is that the bull run is not yet over. We are $20,000 away from the ATH which is not a big number for a volatile asset like bitcoin, just few days of sustained rise and we are there. My guess is that 2026 will bring some bullish momentum to bitcoin unlike what many believers of the 4 years cycle are thinking.
Sure there is always something different about each cycle, yet I doubt that our level of confusion is any worse than it has been in previous times.
There have always been groups arguing each way and in fighting.
Sure the topics may have changed (slightly) and some of the more influential players may have changed - yet the level of confusion does not really seem very much different.
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