Bitcoin Friendly reminder that crashes of this size were perfectly normal during the previous bullrun |
- Friendly reminder that crashes of this size were perfectly normal during the previous bullrun
- Is there any hard proof that El Salvador has been buying what it claims to be buying? Can we see it for ourselves? (This is half the point of a decentralized public ledger, or am I wrong?).
- Legitimate criticism of Michael Saylor and his preaching about BTC?
- It’s Time
- If it's not worth it for average people to mine Bitcoin anymore then how is the blockchain decentralized?
- Market sentiment
- Quiet Bitcoin mining with immersion cooling and use of waste heat
- So yah, Bitcoin.
- Eric Weinstein on WBD is infuriating
- Found some BitHaters in the wild on Microsoft News
- Should I sell?
- Newbies talking to oldies about losing money due to the "crash"
- a hot tub that heats itself using btc mining
- Top 10 books to learn Bitcoin in 2022
- The previously published Michael Saylor full interview got a copyright claim on YouTube. I will have to remove it soon. There's a new link to the same video which got unnoticed so far. Also I published several 5-10 min segments on the same channel in case this one gets copyright claims! Thanks guys!
- @MichaelSaylor: What is the strongest Fiat currency? In the last 50 years, the USD has lost 77% to the Swiss Franc (CHF)
| Friendly reminder that crashes of this size were perfectly normal during the previous bullrun Posted: 05 Dec 2021 12:16 PM PST
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| Posted: 05 Dec 2021 09:15 AM PST | ||
| Legitimate criticism of Michael Saylor and his preaching about BTC? Posted: 05 Dec 2021 03:01 PM PST I've been going down a Michael Saylor rabbit hole these last couple of weeks as I've continued a DCA strategy into Bitcoin. I'd like to think that I've pretty much listened to the wide majority of podcasts, videos, and relevant Twitter stuff that people associate him with, including his new mantra that "Bitcoin is digital energy." Needless to say, I really enjoy and like listening to Saylor. So much so that I try to take concentrated pullbacks and stop myself from just nodding my head and agreeing with everything he says. Otherwise, I find myself falling into confirmation bias. What are the best legitimate criticisms of Michael Saylor that you know of? Stuff that would make you pause and perhaps rethink how optimistic he is or reframe him as what he is...just a guy? [link] [comments] | ||
| Posted: 05 Dec 2021 05:18 PM PST Did you know that 9 months equals 1% of your life? And here's what's even more shocking... The time you spend on sleep is already included. Without sleep, 1% of your life equals 6 months. I think you agree that time is running out quickly... But yet you live like you have all the time in the world. Every day you commute to a job you don't even like. To work on someone else's schedule just to come home and repeat it all again day after day, month after month, year after year... You did what society told you to do. You went to that school. You went to that college. You got that internship. You got that job. And now you feel like you're in a hamster wheel.. And the worst part? You know your situation doesn't make you happy. You know your time is running out. You know you want to escape your 9-5. But you don't do anything about it. Our educational system has failed us. Why don't they teach us about taxes? How to start a business? How to invest? Because our educational system doesn't care. It was created to keep us compliant, obedient, and clueless. It's hard to control those who question everything. It's easier to control those who from preschool are taught to never question authority. Or anything else in that matter. Education is important. Just don't rely on the government to get it. Learn how to invest. Time and money. Because time = money. But remember time is more important than money. [link] [comments] | ||
| Posted: 05 Dec 2021 12:22 PM PST Will we end up with mining companies like Marathon Digital or Riot Blockchain who will control all the nodes? [link] [comments] | ||
| Posted: 05 Dec 2021 09:57 AM PST Market sentiment has already dropped off substantially in just a few days. Fear and greed is at 18, which we haven't seen since July. I think it's reasonable considering the state of the stock market with the fed on the cusp of tapering, Evergrande just continuing to persist, risking contagion in the credit markets and oh yeah let's just throw in a new variant that's hyper-transmittable. Should be a fun little twist to the end of the year.. yay. I really do think we could chop sideways for some time or simply just bounce around in a range until the macro economic landscape changes (also I have 0 idea so don't listen to me) What I do know is that what Bitcoin does in the short-mid term will depend on the fed's decision, tone and stance on tapering and how the broader market reacts to this. Everyone should be paying attention to this, yes it's great to "buy the dip" and not worry about anything. Yes this is a good long term strategy but you should always be aware of major economic events like this. It impacts all of us drastically and by doing this you can make sure you take advantage of pivotal moments to better your financial life. Consider that the stock market hasn't seen one correction this year (a drop of 10-20% from highs). Yes the NASDAQ saw a 10% correction earlier this year but not all major markets. This is a statistical certainty it will happen just a matter of when. Don't be naive and just disregard this because Bitcoin is a risk-on asset so it'll be one of the first ones to go (in the short term of course) We're getting literally like 5x the amount of bad news all at once. Fed tapering earlier than expected, CPI being released next week (which is almost certainly going to be a higher reading than last month, which will just further push the fed to taper, more covid, end of year rebalancing and wash-sale shenanigans, horrible payroll numbers, and then China being China. I think the sheer speed of Friday's drop is not to be scoffed at. I mean yes we've seen much worse drops but a nearly 20% drop in like 2 hours is not nothing. A 15% drop in 10 minutes is crazy, especially considering the market we're at now compared to the past. Yes I know it was liquidation cascade and stop loss hunting to clear out the high order book bids. Overall it was necessary, we had far too much leverage and optimism for way too long. Definitely a positive going forward. That being said I'm loving seeing the sentiment swing from hype to extremely negative. Not on here of course since most of us actually know what we own and have done our own research. I've been seeing a ton of, "We're now in a bear market for the next 3 years", "I'm selling it all before it's too late". The more and more people start to say things like this the more I'll begin doubling down. Once a large majority is bearish that's when I want to be balls deep. Remember the past 3-4 months when everyone was guaranteeing that we were going to be at 100k by the end of the year no questions. It never plays out how you think it will. Also we knew for months that the leverage was never flushed out. It was bound to happen. I could still feel myself feeding off the hopium and I know it. When this happens just show some caution. Try to be neutral in the short term. Just keep your head on your shoulders and think rationally. Continue to buy the dip and if you believe in Bitcoin average in with more on these amazing discounts. Fight the urge to follow the herd. Be aware of outside factors that can influence Bitcoin Whatever the crowd is shouting, you should probably do the opposite or at least consider that they have no idea [link] [comments] | ||
| Quiet Bitcoin mining with immersion cooling and use of waste heat Posted: 05 Dec 2021 06:34 AM PST
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| Posted: 05 Dec 2021 12:35 PM PST Just want to send some positivity to all my brothers and sisters of the Bitcoin community. I have more conviction today, than I did yesterday. And tomorrow I will have more than today. Never have I held an asset, that has had as big of drops as Bitcoin as had, and still felt great about holding it. As a matter of fact, I am most likely, to hold til the day I die. Stay positive everyone. Its a great time to be alive. [link] [comments] | ||
| Eric Weinstein on WBD is infuriating Posted: 05 Dec 2021 01:31 PM PST Don't know where else to share this, but I just listened to Eric Weinstein's interview on the What Bitcoin Did podcast... and man what a douchebag. I can't stand him, the interview was infuriating and Peter McCormack has god tier patience to put up with bullshit. End of rant. [link] [comments] | ||
| Found some BitHaters in the wild on Microsoft News Posted: 05 Dec 2021 08:44 AM PST
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| Posted: 05 Dec 2021 04:42 PM PST So then it'll probably go back up. Take one for the team? [link] [comments] | ||
| Newbies talking to oldies about losing money due to the "crash" Posted: 05 Dec 2021 04:39 PM PST
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| a hot tub that heats itself using btc mining Posted: 05 Dec 2021 05:50 PM PST | ||
| Top 10 books to learn Bitcoin in 2022 Posted: 05 Dec 2021 09:51 AM PST
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| Posted: 05 Dec 2021 05:41 PM PST
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| Posted: 05 Dec 2021 07:49 AM PST |
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