If you still get sad about drops in the price of bitcoin then I’m sorry to say, but you’re still a bit of a shitcoiner. Drops in price are good for long term savers who want to stack as many sats as possible in the short term.
Discussion
1 sat = 1 sat
Remember 2 years ago when BTC was at 69K?
I was honestly starting to get pretty depressed at the idea that I wouldn’t be able to stack very much. Thank god we got a prolonged bear market.
This sucks for all of us that invested at 50K and up and trusted the experts about BTC reaching over 100K
Nah. You always want to lower your cost basis for your long term savers. Bitcoin mooning is a bad thing for savers. If you used leverage at the top and got rekt, then you weren’t a long term saver…and you were really just a shitcoiner latching onto bitcoin lol. HFSP.
No, I was just getting started because I listened to all of you retards and thought it was the future of currency
Did you sell yet? You should probably just cut your loses. I don’t think you’re gonna make it over the next 600 days while we chop around sideways.
Thanks Wiked for engaging with 💩coiner. Adding them to the blocked vlist.
Hug a 🐻 for the great dips. I too was worried $100k+ would come and blast off to $1m and I’d never reach some personal goals
What a mighty fine circlejerk we have here.
So the mindset here is:
> bitcoin is the future
> but only if you invested in it 15 years ago
> also we really hate how banks have all the money and we want that to change so that we early adopters have all the money, and we are totally better than the bankers we hate, shutup shitcoiner pleb you wouldn't understand
Sounds kinda jewish
Almost like the people here are happy to trade one slave system for another under the guise of "freedom," when in reality, it's far more invasive than it ever was before.
And of course nobody like to talk about how bitcoin is inherently deflationary, as people's wallets (secret keys) get lost/destroyed, transfers get made to defunct accounts, etc., the currency becomes more and more scarce.
But I suppose the would-be freedom fighters who adopted early (who are totally not like bankers at all) are okay with their own currency gaining value indefinitely, should their scheme be adopted en masse.
Cry harder. When you figure out how to print more than 21m bitcoin, lmk.
It’s beautiful!!!
Yeah man, you totally won. Good job defending your retarded mindset, bravo
I like that it gives you the ability to peek from time to time with the “show” button 🤓
I know you're clocking "show" on all of these anyway, because you can't help yourself. You need the dopamine.
I notice that you didn't address my point that bitcoin is inherently deflationary due to attrition over time and instead tried to turn that into a feature instead.
Try again.
Nah. No use in arguing with midwits…especially here on nostr…what are you even doing here? Lol.
I made the argument that bitcoin is inherently deflationary, which makes it more and more scarce and is disastrous as a long-term solution (except for the early adopters, similar to investment bankers of today, who we all hate).
You deflected and refuse to argue.
You call me a midwit.
But the point still stands.
Victor, it appears you have misunderstood deflation. We know it is the inevitable consequence of production. So therefore, deflation can only be hated
A) if one despises humanity and thrives off destitution or
B) you are a thief living off inflation.
I strongly recommend you take the time to study Austrian Economics which focusses on the principles of Human Action ... and read
THE BITCOIN STANDARD by Saifedean Ammous.
Your question will appear rather futile once you have shifted your mainstream "propagandized" mindset.
The first step is to understand what money is.
Bitcoin cannot be grasped without this knowledge.
Listen here, retard.
Let's say there are 100 people, each with 1 fagcoin, and there can never be more than 100 fagcoins in existence. When someone drops their phone in the toilet or dies, any fagcoin they had is effectively impossible to get.
Those are the early adopters.
Let's say 1000 more people think this fagcoin thing is really cool, so they jump on board. They earn little pieces of fagcoin from some of the original 100, minus however many have dropped their phones in the toilet or died.
The total supply of fagcoin never increases; it only decreases. The number of adopters of fagcoin never decreases; it only stays the same or increases.
This is a recipe for disaster for anyone new trying to get into the fagcoin system, because fagcoin is more and more rare as more people effectively destroy bits of fagcoin by dropping their phones in the toilet or dying.
However, there are some early adopters of fagcoin who quietly hold onto their 1 fagcoin each. At first, they each had 1% of the total currency, but that percentage will gradually, and indefinitely, increase. Suddenly they have disproportionate power over the fagcoin economy just by sitting on it and doing nothing.
This is no different that investment bankers of our day riding the inflation waves by investing, except instead of actively investing and getting returns, the fagcoin bankers just have to sit there and do nothing as more people join and more people drop their phones in the toilet or die.
I don't care what faggot economic buzzwords you want to throw at me or which retarded economic theory by some dead guy you think you can lord over me; bitcoin is dead on arrival for all but the very first people who hoarded it 15 years ago, who then become the new banking class (remember, the people who control everything, who we all hate and are trying to use alternate currency to get around?) due to the simple fact that the supply is doomed to continually shrink.
Go ahead, show me some peer-reviewed papers that say I'm wrong. I'm sure you have plenty. I, on the other hand, have a brain, and I'm actually willing to use it.
As soon as you lose your sense of humanity and throw expletives at another in the first two words, you have lost your own credibility. Shame on you.
In fact, you've clearly been triggered by something.
Go and educate yourself. It requires a new set of looking glasses.
"Nooo I can't read what you're saying because you're mean about it :( :( :("
Nice way to deflect from the actual content of my point.
Retarded AND thin-skinned, a truly winning combo.
You think Crypto users will be the thing that makes Nostr successful? boy you are naive and retarded. You know nothing about alt-tech from the past 10 years
The sign of a midwit is calling someone else a midwit rather than addressing the issues being discussed
I see 💩 coiners we’re trigged. You have no power here.
I am too toxic to the weeds invading my garden. Enjoy the blocked list. Have fun staying poor there.
More sats to Wicked for adding to my blocked list.
You’re going to block someone just because they’re unhappy with their investment? Why..?
Look at the other shit they’re posting. They’re just a troll…probably never even bought bitcoin.
It’ll get there, just will take time. But yea, less corn 🌽
I hear you, I really want my fam to understand it before it goes up again. The longer it’s down the more I stack but the more they say the price is down form ATH.
I would like this sideways price action to continue for the next 6 to 9 months.
Stay humble, keep on stacking sats. 😎🫳🎤
If I wouldn't have read here about a discount I would not even have realized that it has happened. That's how much I care for the price.
Great opportunity for beginners to stack sats at discounted rate given the upcoming halving event in ~12 months. Ideally the price remain subdued in next few months so many more newbies can onboard at lowest risk.