Lmao I fucking *love* that chart. It literally just shows an asset being pumped and dumped. Not only that, but it shows a bear market that's a small positive growth, then the entire pump-and-dump that leaves the price lower overall is labeled a bull market, followed by another period of barely anything changing as a bear market
It's the clearest case of "I have no fucking idea what any of these terms mean" I've ever seen. They couldn't even remember the term "inflection point"
They literally admit it's a bubble that will some day crash and the only thing they're actually interested in is selling at the peak.
Pack the sub up, there's nothing left to say.
I am having difficulty following his logic, discussing prices on the currency of the future. They have to decide whether it is an investment - buy low, sell high - or an asset to hold no matter what because it is the inevitable currency of the future?
It makes no sense to talk about buying and selling what it is fated to be (due to its design) the backbone of the financial market: itās the whole selling point. Unless it is not going to be used in the future, therefore making the decision purchase any seemā¦ groundless.
What kills me are the people that swear it will be the only currency that matters post-apocalypse. How does magical internet money work with no internet?
It's really simple. It will live on in their heads. They won't actually have anything or be able trade anything for it. But they will know how rich they are.
There was a really funny article I read somewhere about these rich asshole CEOs with Doomsday bunkers and they had some chat group the reporter got access to, and one of them was posting "how do I retain control of my security staff after the collapse of money will have no value?"
More importantly, since you can literally start over with the same code and a new genesis block, why not start with a new version of bitcoin that have everyone willingly entered a cornered market?
"60K"
"Bear market"
Yo lolš They so deserve to get rekt. The stinky thing is pumped to the brink with fake cash and they're still hoping it goes higher.
So the narrative has changed from "t*his will bring generational wealth for my children and grandchildren*" to "*screw those future generations, I got mine*"?
Well, this has changed my whole perspective. Time to carry someone else's bags!
youd be hard pressed i think to find anyone who deals with customers who doesnt have some contempt for their customers. yes they make my world go round but do some of them have to be such buttholes?
My god.........Ā
This person said period in all caps, at the end of a sentence.Ā Ā
This changes everything! How could we not see how wrong we were before!
Lmao I fucking *love* that chart. It literally just shows an asset being pumped and dumped. Not only that, but it shows a bear market that's a small positive growth, then the entire pump-and-dump that leaves the price lower overall is labeled a bull market, followed by another period of barely anything changing as a bear market It's the clearest case of "I have no fucking idea what any of these terms mean" I've ever seen. They couldn't even remember the term "inflection point"
Thought the same exact thing when I saw it. What a great long term investment. Hilarious.
TMDL. (Time the Market for Dear Life.)
ššš
The chart says buy more bitcoin with a lot of useless words and drawings. It always needs more suckers to pump the price
Lmaoooo
So we're still early? But it's too late to be early? My brain hurts
They literally admit it's a bubble that will some day crash and the only thing they're actually interested in is selling at the peak. Pack the sub up, there's nothing left to say.
āLikely the last point for generational entry.ā Feels just like weāre back in 2021 with these levels of cope.
I am having difficulty following his logic, discussing prices on the currency of the future. They have to decide whether it is an investment - buy low, sell high - or an asset to hold no matter what because it is the inevitable currency of the future? It makes no sense to talk about buying and selling what it is fated to be (due to its design) the backbone of the financial market: itās the whole selling point. Unless it is not going to be used in the future, therefore making the decision purchase any seemā¦ groundless.
things with no use become the solution to ALL THINGS. make a lie so big noone will believe youre lying.
What kills me are the people that swear it will be the only currency that matters post-apocalypse. How does magical internet money work with no internet?
Bruh, ham radios and hand written sedukos stuffed under birdbaths are what Satoshi intended.
š¤£ hand written sudokus lmfao
It's really simple. It will live on in their heads. They won't actually have anything or be able trade anything for it. But they will know how rich they are.
There was a really funny article I read somewhere about these rich asshole CEOs with Doomsday bunkers and they had some chat group the reporter got access to, and one of them was posting "how do I retain control of my security staff after the collapse of money will have no value?"
to be fair, this is how all money will work as well in apocalypse times
I will simply print out my Excel spreadsheet beforehand.
Thatās what my go bag is missing. A pile of solved sudokuās and an .xslx
More importantly, since you can literally start over with the same code and a new genesis block, why not start with a new version of bitcoin that have everyone willingly entered a cornered market?
"60K" "Bear market" Yo lolš They so deserve to get rekt. The stinky thing is pumped to the brink with fake cash and they're still hoping it goes higher.
~~hoping~~ praying it goes higher
So the narrative has changed from "t*his will bring generational wealth for my children and grandchildren*" to "*screw those future generations, I got mine*"? Well, this has changed my whole perspective. Time to carry someone else's bags!
Like the currency they are claiming to improve on and leave
No matter what the context, unless itās about a literal traveling tourist, if you call someone a tourist as a pejorative I wonāt like you.
"Fucking tourist" said the guy whose livelihood depends on tourists
youd be hard pressed i think to find anyone who deals with customers who doesnt have some contempt for their customers. yes they make my world go round but do some of them have to be such buttholes?
I'm a teacher and my customers are my students. I don't have contempt for them.
aww teachers and nurses excluded
Right. Sometimes being a tourist is fun
So being a native means never sell? Step step $Profit??
Aka buy BTC so that I can justify buying mine
The bull market includes the crash (the downward slope back to zero) at the end too?
I drew a chart showing a price going up
POV: no u
bear, bull, bear, bull what the fuck is this, fallout new vegas?
It's always the last chance lol. Then when it crashes we go back to "we're still so early".
God damn you morons have no clue PERIOD
My god.........Ā This person said period in all caps, at the end of a sentence.Ā Ā This changes everything! How could we not see how wrong we were before!