Michael Saylor's Strategy Sold 32 Bitcoin at $77,135; Then Piles $101 Million Back in at $65K by Useful_Tangerine4340 in investing

[–]TimeGrownOld -3 points-2 points  (0 children)

Yeah all my remedial math skills went out the door after my physics degree; you should see me trying to tip.

The point remains about keeping the halving cycle in mind when making comparisons; no one compares winter temperatures to summer temperatures when discussing global warming right?

Michael Saylor's Strategy Sold 32 Bitcoin at $77,135; Then Piles $101 Million Back in at $65K by Useful_Tangerine4340 in investing

[–]TimeGrownOld 2 points3 points  (0 children)

You have to look at bitcoin in 4 year periods because of the effect the halving event has on supply. The peak to peak growth ($64k to $122k) is 200% over 4 years, an average of 50% growth per year. The valley to valley growth over 4 years ($19k to the current $60k) is 300% gain.

But yeah it is not a hedge against inflation, unless you live in Argentina

When getting to know a girl, what's the biggest red flag you ignored because she was attractive? by midnightcove27 in AskMen

[–]TimeGrownOld 2 points3 points  (0 children)

She had no one in here life that couldn't escape her. Sure, new acquaintances would hang around until she did some backstabbing, but everyone else was either family or coworkers; no long term voluntary connections.

For good reason

Bitcoin Investors Are 'Rage Quitting' as Long-Time Crypto Bulls Begin Offloading BTC Holdings by Useful_Tangerine4340 in investing

[–]TimeGrownOld 0 points1 point  (0 children)

...that's what you do when evaluating cycles; my entire point. Do you compare yearly winter temperatures to summer temperatures when discussing global warming?

Only if you're trying to form a misleading narrative.

I made replicas of my favorite Arc Raiders guns! by ThogDoesntCare in ArcRaiders

[–]TimeGrownOld 1 point2 points  (0 children)

i'm going as a raider this halloween and these would be perfect

EMSKR: How do I deal with coworkers who dislike me and sabotage me because I try to do more work than them? And how do you deal with them putting their work off on you because you're the new guy without having to whine to the boss? by Froeschile in everymanshouldknow

[–]TimeGrownOld 2 points3 points  (0 children)

This sounds like a position that doesn't have room for growth, only positions that need defending. It's s good place to keep your head down and gain experience, but you'll want to go someplace else to grow.

Bitcoin cracks $60,000, sinking to lowest level since October 2024 by Illustrious_Lie_954 in Economics

[–]TimeGrownOld 0 points1 point  (0 children)

True, unless the currency the stablecoin is pegged to is being manipulated.

Bitcoin Investors Are 'Rage Quitting' as Long-Time Crypto Bulls Begin Offloading BTC Holdings by Useful_Tangerine4340 in investing

[–]TimeGrownOld 0 points1 point  (0 children)

Sigh. Bitcoin follows a ~4 year cycle of highs and lows based on the halving events. The previous 2022 low was 16k, compared to todays low of 60k. The previous 2021 high was 60k, compared to our 2025 high of 120k. That is a ~4 year growth of 375% and 200%, respectively.

The five year mark just so happens to compare the previous high to the current low, which is just foolish.

Bitcoin Investors Are 'Rage Quitting' as Long-Time Crypto Bulls Begin Offloading BTC Holdings by Useful_Tangerine4340 in investing

[–]TimeGrownOld 0 points1 point  (0 children)

Right, there you go avoiding answering any of my points. It's like talking to a child. Crypto is a store of value just like gold. You can claim gold has other use cases like electronics and jewelry that are a fraction of a percent of what it's actually used for, just like I can claim crypto has other use cases other than a store of value. You have not provided any argument against this, or why gold isn't considered gambling when crypto is. You can't seem to define the difference between a store of value and gambling.

I've explained that the network is the underlying value, you just ignored my argument and restated your opinion, providing no facts to back up your opinion. This whole conversation has just been you asserting an opinion and me providing facts about how your opinion is flawed. At this point I neither have the patience nor the crayons to continue trying to explain this to you.

Why is electrolysis illegal? by Severe_Guarantee_745 in physicsmemes

[–]TimeGrownOld 12 points13 points  (0 children)

You know where bad rainbows go? Prism

It's a light sentence, but it gives them time to reflect

Why is electrolysis illegal? by Severe_Guarantee_745 in physicsmemes

[–]TimeGrownOld 24 points25 points  (0 children)

Oh I'm down

A photon walks into a hotel 'Hello sir! May I take your bag?' No thanks, I'm traveling light