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Are we excited yet?
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Again, if people are so sure Bitcoin is going to rebound - why aren't they piling all of their spare money into it? Or their life savings?
It's almost like all the rallying/booster talk is just talk - with the amounts people are claiming to be putting in, being a piddling amount.
It's almost as if people know Bitcoin's value depends on governments allowing it to operate - as if Bitcoin's design makes it practical to extort governments at a scale much larger than before - and as if governments are in the process of gradually stamping Bitcoin out, due to this.0 -
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Not selling and buying are two very different things. The Bitcoin current price is the same as it was in February. I wasn't throwing my whole life savings into it at $35k then, and won't be putting my whole life savings into it at $35k in May. I have the amount invested that I want to invest, other money always was and remains diversified to other assets.Again, if people are so sure Bitcoin is going to rebound - why aren't they piling all of their spare money into it? Or their life savings?
It's almost like all the rallying/booster talk is just talk - with the amounts people are claiming to be putting in, being a piddling amount.
It's almost as if people know Bitcoin's value depends on governments allowing it to operate - as if Bitcoin's design makes it practical to extort governments at a scale much larger than before - and as if governments are in the process of gradually stamping Bitcoin out, due to this.
I don't think the HODL thing is rallying/booster talk, it's good advice from those who've sat through 50% corrections in the past.0 -
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Again, if people are so sure Bitcoin is going to rebound - why aren't they piling all of their spare money into it? Or their life savings?
It's almost like all the rallying/booster talk is just talk - with the amounts people are claiming to be putting in, being a piddling amount.
It's almost as if people know Bitcoin's value depends on governments allowing it to operate - as if Bitcoin's design makes it practical to extort governments at a scale much larger than before - and as if governments are in the process of gradually stamping Bitcoin out, due to this.
1) Never invest more than you can afford to lose
2) Diversify your investments
How does bitcoin extort governments? In my experience, it's always governments that do the extorting.
The same way goverments successfully stamped out drugs, organised crime and money laundering?0 -
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Essentially, everyones speculative investment here depends on major worldwide governments allowing Bitcoin to exist without clamping it down out of existence - yet everybody is so certain, despite major Bitcoin-enabled attacks on world governments/infrastructure (including our own), that governments aren't in the process of clamping down on it - or otherwise have convinced themselves that Bitcoins existence/value doesn't depend on the above.
A lot of faith expressed in the return of Bitcoin's value here, without any smarts/logic accounting for world governments sudden turn against it, and how its value depends on the whims of world governments.
If you're going to engage in speculation where you're try to beat all the other suckers participants - why on earth would you ignore the no.1 most important cue (governments turning against it) for getting the hell out of the speculative bubble? 0 -
Essentially, everyones speculative investment here depends on major worldwide governments allowing Bitcoin to exist without clamping it down out of existence - yet everybody is so certain, despite major Bitcoin-enabled attacks on world governments/infrastructure (including our own), that governments aren't in the process of clamping down on it - or otherwise have convinced themselves that Bitcoins existence/value doesn't depend on the above.
A lot of faith expressed in the return of Bitcoin's value here, without any smarts/logic accounting for world governments sudden turn against it, and how its value depends on the whims of world governments.
If you're going to engage in speculation where you're try to beat all the other suckers participants - why on earth would you ignore the no.1 most important cue (governments turning against it) for getting the hell out of the speculative bubble?
Why don't you ask all the governments, investment firms, private pension funds, companies and banks that have embraced cryptocurrency?0 -
Essentially, everyones speculative investment here depends on major worldwide governments allowing Bitcoin to exist without clamping it down out of existence - yet everybody is so certain, despite major Bitcoin-enabled attacks on world governments/infrastructure (including our own), that governments aren't in the process of clamping down on it - or otherwise have convinced themselves that Bitcoins existence/value doesn't depend on the above.
A lot of faith expressed in the return of Bitcoin's value here, without any smarts/logic accounting for world governments sudden turn against it, and how its value depends on the whims of world governments.
If you're going to engage in speculation where you're try to beat all the other suckers participants - why on earth would you ignore the no.1 most important cue (governments turning against it) for getting the hell out of the speculative bubble?
What is it with your emojis? Cause I'll tell you, you're not coming across half as clever as you clearly think you are.
"Governments are clamping down on BTC"... I haven't been shuck by that one since 2017.
Try harder.0 -
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