Financial topics

[Cool Breeze]

Your completed. Thanks for the donation Cariboo. Your tears will be evaporated and salt used to season the future.
You block chain is infiltrated and your days are numbered. You just to damn lazy to read.

What's your prediction, oracle?

All of our days are numbered. The US government realizes they are squeezing too hard and the productive people are leaving a) first locally and then b) to other jurisdictions entirely. It's going to be funny when they can't tax the productive to buy votes from the incompetent and lazy.

Thanks to bitcoin, I can preserve my wealth and actually take it with me (unlike cash, gold, etc).

[aeden]

ip6 genius

[Higgenbotham]

Chart of US Dollar

You've been warning about the dollar every day, just like wars, for the past 15-20 years. You don't post when you're wrong, and boy, many times you have all been wrong, wrong wrong. Classic human selection bias and recall bias.

If I were a true trader of bitcoin, I might care, but you can't trade it successfully (I think you know that) - I'm a hodler.

But I am good at predicting the cycles, and they have less to do with USD (though that is a player) rather than the halvings.

In general, I just buy at dip times though, since I don't want to deal with guessing and capital gains. And since I'm a hodler, I don't care, I just accumulating and wait another year for another 200%.

I'm wrong about something almost every day, Cariboo. When I'm wrong I take my loss, and when I'm right I take my gain.

Sure, I could trade Bitcoin but with 5,000 bubble items to trade, why pick something as poorly constructed and as incompetently managed as Bitcoin?

I was wrong some today too:




I'll give you a hint about reality, Cariboo. If you can't predict the short term, which you obviously can't, you won't be able to predict the long term. Predicting the long term is exponentially more difficult.

[Higgenbotham]

Cariboo getting ready to buy another dip.

[Higgenbotham]

Cariboo shows off his investing thought process:

[aeden]

I put the viking axe on two positions.
ytd 7.06 no reason to carry dead monks around.
Another area was supported for div so it is what it is.
Not all monks are vikings in the snow drift paradox.

[Higgenbotham]

Dr. Cariboo hard at work explaining Bitcoin to new recruits.

[Higgenbotham]

Oh my God, I can't stop laughing.

[Higgenbotham]

Here we go again...copy and paste the facts until the end of time.

It sounds like you don't understand anything, forget bubbles.

Two things I understand:

1. You weren't here promoting Bitcoin in 2010. Or 2011, 2012, or in 2013 when John first mentioned it. Or 2014, 2015, 2016, 2017, 2018, 2019, or 2020. But you want to talk a whole lot about what Bitcoin did in those years as if you had some involvement in it or knowledge of it.

[Higgenbotham]

There's not one bubble item I traded today that I would try to promote to others as a long term hold. I remain 100% in US dollars. I'm not promoting US dollars either.