February 28, 20251 yr 1 hour ago, DEagle7 said: HE crashed the market If only Trump could've said the words "Bitcoin Reserve" none of this would've happened. So many crypto bros voted for him and he let them all down. Disheartening.
February 28, 20251 yr 2 minutes ago, we_gotta_believe said: If only Trump could've said the words "Bitcoin Reserve" none of this would've happened. So many crypto bros voted for him and he let them all down. Disheartening. Everyone is going to hurt for the next several months.
February 28, 20251 yr 6 minutes ago, Paul852 said: Everyone is going to hurt for the next several months. Yeah, long-term, it'll recover, but I wouldn't rule out the short-term damage a life-long con artist can do. The fastest path to increased adoption is proper regulation but that requires having people in positions of authority that actually know wtf they're doing.
February 28, 20251 yr 21 minutes ago, Paul852 said: You expected to lose 10% right after you purchased it? yep. and then make a lot more
February 28, 20251 yr 3 minutes ago, HazletonEagle said: yep. and then make a lot more Got it. Good luck with that.
February 28, 20251 yr One good thing about this exchange - at least we all know that when HE or Khani comes in here to tell us what they're doing, we know to do the exact opposite
February 28, 20251 yr 29 minutes ago, mikemack8 said: One good thing about this exchange - at least we all know that when HE or Khani comes in here to tell us what they're doing, we know to do the exact opposite well, I dont know about the wagmi and other little stuff. But Bitcoin is doing exactly what I have expected it to. Im not an expert at all, but I finally gained an understanding of the cycle that bitcoin keeps repeating. Until recently, any time it crashed, I used to wonder if it was going to crash down to 0. Then it would be stagnant for very long periods, and Id wonder if it was just going to stay there forever, if the craze is over, or eventually plummet even more. Now I realize the big crashes are usually about 35% of its value, and then itll go to new all time highs over the course of 4 years. So when it hit 109k, and went back down to 100, and back up, or 95, and back up.... I knew I could wait, and get it in the 80s. I didnt want to be greedy and wait for 70s, because I am not certain enough that it will happen exactly as before and I didnt want to miss out. Regardless of how low it goes this week, or next week, or next month. 85 is a big bargain from 109, and will be an even bigger bargain as it continues cycling to new higher all time highs.
February 28, 20251 yr 6 minutes ago, HazletonEagle said: Regardless of how low it goes this week, or next week, or next month. 85 is a big bargain from 109, and will be an even bigger bargain as it continues cycling to new higher all time highs. We're all going to be eating out of cans soon. 85 is not a bargain.
February 28, 20251 yr 46 minutes ago, mikemack8 said: One good thing about this exchange - at least we all know that when HE or Khani comes in here to tell us what they're doing, we know to do the exact opposite HE has been like that for awhile now. He's Bacarty Lite
February 28, 20251 yr 4 minutes ago, Paul852 said: We're all going to be eating out of cans soon. 85 is not a bargain. it is.
February 28, 20251 yr What made me finally begin to consider buying in was this video here. This is where the cycles were explained so that an idiot can understand, which is exactly what I needed. The chart showing bitcoin returns 2010-2024, as well as the stock to flow chart both illustrated the cyclical pattern well and showed that the steep declines were never anything to fear. Or, maybe they were, but now we know better. There were also videos that explained things like the following: If only 21 million bitcoin exist, and that can never change- you divide that among the population of the world and everyone can only own about 0.02 bitcoin. Theoretically. But, there wont ever actually be 21 million bitcoin available. The developer is speculated to own nearly 1 million himself, and those are basically gone because no one even knows if the guy is alive. A lot more are lost in landfills. In reality, there are significantly less than 21 million bitcoin available to the world right now. Next, take away the amount that institutional investors already own. And individuals. A lot of people have way way more than their share of just 0.02 coins. With so much of the 21 million already being owned, the available supply of bitcoin actually able to be divided among the world's population (theoretically), is actualy significantly smaller than 0.02 coins. The scarcity of this is pretty crazy to think about. The value of bitcoin right now is thought of in dollars. And even as so, bitcoin is already worth a lot of dollars. And in the future, its going to be worth a lot more dollars. Even in this scenario, 85k is a bargain. Going hyperbolic for a moment, theres also another possibility, however remote, that bitcoin eventually is not thought if in dollar values. At that point it becomes hard to even imagine what the value will be. At that point, it will be something everyone in the world wants. But only a miniscule portion of the population even has. Small amounts will have tremendous value. Maybe that never happens. Coming back from la la land, even if it just continues its cycle of appreciation measurable by today's dollars, its still going to be going way higher than 85k before its all over. I started paying attention when it was about 40k. In just a few weeks, when I was convinced to start buying in, it was already 60k. I already missed out on cheap bitcoin ranging from a few cents, to a few hundred dollars. Many people said it would never get where it is today, and it did. I dont want to also miss out on the potential hyperbolic scenario when its value transcends dollar value. But even if that never happens, Im very alright with rolling with the cycles as laid out by Marco in the above video. This is still going to be a huge win.
March 3, 20251 yr On 2/28/2025 at 9:54 AM, mikemack8 said: One good thing about this exchange - at least we all know that when HE or Khani comes in here to tell us what they're doing, we know to do the exact opposite Coming back to this @$$ turd later in the year too.
March 3, 20251 yr I hold Wagmi, Qanx and Hbar. So when I come back later this year and they all go crazy, you cant say I just picked randoms coins that pumped.
March 3, 20251 yr I hope everything goes in the dark ages for a few years after what happened yesterday.
April 3, 20251 yr 10 minutes ago, Paul852 said: Should've waited until it went down to 70k I'm not patient enough
April 8, 20251 yr 1 minute ago, DEagle7 said: Is it safe to blame all this on HE yet? Dude, he knew it would drop to 75k but he really couldn't pass up 85k
April 8, 20251 yr 1 minute ago, Paul852 said: Dude, he knew it would drop to 75k but he really couldn't pass up 85k The best part is that the moron he voted for is literally the direct cause for why he lost that money.
April 9, 20251 yr On 2/25/2025 at 1:45 PM, DaEagles4Life said: 85 is a life support bid but will get a bounce to get people excited then crash crash Bid 65 to 70 I could see 42k to 48k being a spot to buy for btc. The last two cycles both hit that area.
April 9, 20251 yr 7 minutes ago, DaEagles4Life said: I could see 42k to 48k being a spot to buy for btc. The last two cycles both hit that area. What was the context of the last 2 cycles? COVID was one I assume? I'm curious how closely BTC tracks with the rest of the market during these big crashes. Is there a bit of a buffer?
April 9, 20251 yr 8 minutes ago, DEagle7 said: What was the context of the last 2 cycles? COVID was one I assume? I'm curious how closely BTC tracks with the rest of the market during these big crashes. Is there a bit of a buffer? I would say if it doesn't hold 67k ish then forget about it for a year or 18 months. The only thing different right now is crypto is lawless with the Justice Department saying they won't investigate crypto fraud today. Usually it's just greed. A good sign to sell is when the average Joe starts to ask about it and thinks they know what coin is going to 50x next. You sell everything at that point. COVID it crashed hard but the stimulus checks made it go crazy the other direction.
April 9, 20251 yr 6 minutes ago, DaEagles4Life said: I would say if it doesn't hold 67k ish then forget about it for a year or 18 months. The only thing different right now is crypto is lawless with the Justice Department saying they won't investigate crypto fraud today. Usually it's just greed. A good sign to sell is when the average Joe starts to ask about it and thinks they know what coin is going to 50x next. You sell everything at that point. COVID it crashed hard but the stimulus checks made it go crazy the other direction. You can just say Hazelton Eagle man. We all know what you mean But interesting stuff thanks.
April 9, 20251 yr 4 hours ago, we_gotta_believe said: The best part is that the moron he voted for is literally the direct cause for why he lost that money. I didnt lose anything. the market didnt cease to exist today. I continue to buy at these levels.
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