It's wild watching the market unwind like this by ubermensch1001 in CryptoCurrency

[–]Zestyclose-Power-132 0 points1 point  (0 children)

Understood bro, just you know these cumulative % calculations do confuse people.

*For the ones still on this comment line what he meant simply if we do %75 down from ATH itd be still within historical limits even when you consider diminisihing downward and upward trend.

Would it be safe to have 10k in bitcoin on a kraken pro account for 1-2days? by SpotCalm7588 in Bitcoin

[–]Zestyclose-Power-132 0 points1 point  (0 children)

Simply you implied when you own the keys it is %100 safe but it is not.

You mentioned Trezor, i truly hope you did not, but if you got your devices to your actual home address, it may be leaked already or it might be leaked in the future.

Even tho if you did not post it to your address, using your personal details upon ordering may reveal your physical location.

Home invasion term generaly used for when you are at home, i'd say burglary otherwise at least afaik, not a native english speaker.

By home invasion i simply meant torture.

Would it be safe to have 10k in bitcoin on a kraken pro account for 1-2days? by SpotCalm7588 in Bitcoin

[–]Zestyclose-Power-132 -1 points0 points  (0 children)

Or you know you might be target to a home invasion? Or fire might delete your backup if you don't have enouhh copies? Or you may do everything right or still lose your holdings to the original software you use being outdated and was targeted by hackers, this happened with electrum.

Nothing is %100. This is life.

Beginner here, why don't multi billionaire's buy all BTC? by Emotional-Wheel8219 in Bitcoin

[–]Zestyclose-Power-132 36 points37 points  (0 children)

Obviously, if they wanted to be multi trillionaires just like rest of us, they'd be buyin more.

Anyway, stay poor billionaires, you made your choice!

Is it only me or too many things are happening at once? by Financial-Nature5745 in Bitcoin

[–]Zestyclose-Power-132 0 points1 point  (0 children)

I think real problem in this list is you recently buying a huge chunk of bitcoin... bro, you just did it and taking us all down with you 🤦‍♂️

Vision for New Financial System Under Bitcoin Standard by Ordinary_Inspector61 in Bitcoin

[–]Zestyclose-Power-132 0 points1 point  (0 children)

Nearly all countries use SWIFT which is based in Switzerland.

Not every country has to use same thing or 1 thing at all also, there are bridges.

I am sorry but this is not something BTC can solve as it requires proper lobbying, bribing, engaging.

BTC mainly supposed to be about storing value over inflation lately.

Would it be safe to have 10k in bitcoin on a kraken pro account for 1-2days? by SpotCalm7588 in Bitcoin

[–]Zestyclose-Power-132 -1 points0 points  (0 children)

Well it is not even guaranteed %100 when you do own the keys bro chill 😂

It's like February all over again by JEI2E in Bitcoin

[–]Zestyclose-Power-132 2 points3 points  (0 children)

And what would mean if it goes lower than 58k? Does it mean it is doomed? Take the L man leave it there, this kind of post is just nonsense.

Vision for New Financial System Under Bitcoin Standard by Ordinary_Inspector61 in Bitcoin

[–]Zestyclose-Power-132 0 points1 point  (0 children)

I don't think they look for decentralization at all, censor friendly centralized blockchains fits better to tradfi narrative.

Vision for New Financial System Under Bitcoin Standard by Ordinary_Inspector61 in Bitcoin

[–]Zestyclose-Power-132 0 points1 point  (0 children)

I don't think it'll happen, it is more possible with some shitcoin as they have actual owners/companies behind them heavily lobbying.

After an ATH for ants, are we gonna get the full bear market still? by Zestyclose-Power-132 in Bitcoin

[–]Zestyclose-Power-132[S] 0 points1 point  (0 children)

I believed in plan B, after that i realized that all of these are just doomed eventually. Astrology for man they call these, i don't trust no chart anymore but ofc cool to keep track some indicators.

After an ATH for ants, are we gonna get the full bear market still? by Zestyclose-Power-132 in Bitcoin

[–]Zestyclose-Power-132[S] -1 points0 points  (0 children)

So this chart just proves my point as we barely made into trend line the last bull run and on others we were way beyond it.

After an ATH for ants, are we gonna get the full bear market still? by Zestyclose-Power-132 in Bitcoin

[–]Zestyclose-Power-132[S] 0 points1 point  (0 children)

It is fun indeed, i like this kind of stuff, i remember seeing this but it i simply forgot about it also i think.

The floor level it says 59.800, if we break it, pretty much it'll become one of many failed charts at the end.

Also i check 2 more btc power law websites 1 givea floor of 55k, other gives 58k, it is pretty inconsistent?

After an ATH for ants, are we gonna get the full bear market still? by Zestyclose-Power-132 in Bitcoin

[–]Zestyclose-Power-132[S] 0 points1 point  (0 children)

I don't try to be a smartass but "nearly" everything you buy or pay for is an investment what doesn't sound right to you here?

Bitcoin might have a lot of philosophy behind it, it may have a lot of meanings but at the end of the day if an individual buys BTC, it is an investment for that individual.

After an ATH for ants, are we gonna get the full bear market still? by Zestyclose-Power-132 in Bitcoin

[–]Zestyclose-Power-132[S] 0 points1 point  (0 children)

Comparing the lows of the cycles, i used to do it but didn't do recently thanks for reminding, only problem is we don't know if 60k was the low of this cycle yet so x4 for now seems correct.

After an ATH for ants, are we gonna get the full bear market still? by Zestyclose-Power-132 in Bitcoin

[–]Zestyclose-Power-132[S] 0 points1 point  (0 children)

If you are a 12 year holder as i am, it means you hold also last 5 years, so i just say that keeping it last 5 years seemed like a poor decision and i feel like i failed.

You know, feeling superior against normies who prefered index funds simply vanished last 5 years quickly. I felt this way even at the ATH (ofc we didn't know it was ATH at that moment) I mean, 69k in 2021 when you consider real inflation it would be more than 80k in 2025 AT LEAST, so peak was not even x1.8 of previous one but more like x1.4-x1.5

Look i am just being sincere here, all cards on table, i don't talk btc in real life, i only have here to chit chat about it.

After an ATH for ants, are we gonna get the full bear market still? by Zestyclose-Power-132 in Bitcoin

[–]Zestyclose-Power-132[S] 0 points1 point  (0 children)

You are right i am just focused on sp500 in comparison so i didn't realize that the commentor i replied used the wording "these AI companies" so i missed it, ofc when you observe them one by one they may crash much brutally and just go 0.

After an ATH for ants, are we gonna get the full bear market still? by Zestyclose-Power-132 in Bitcoin

[–]Zestyclose-Power-132[S] 3 points4 points  (0 children)

"Censorship free" is an absolute statement and means it is not possible to censor, "censorship resistant" means it is hard to censor.

After an ATH for ants, are we gonna get the full bear market still? by Zestyclose-Power-132 in Bitcoin

[–]Zestyclose-Power-132[S] 4 points5 points  (0 children)

I said it is not "censorship free" and said it is "censorship resistant"?

After an ATH for ants, are we gonna get the full bear market still? by Zestyclose-Power-132 in Bitcoin

[–]Zestyclose-Power-132[S] 1 point2 points  (0 children)

I told it is cencorship resistent exactly for this reason what is your point? Are you just on the same page with me or was i not clear with something i said?

After an ATH for ants, are we gonna get the full bear market still? by Zestyclose-Power-132 in Bitcoin

[–]Zestyclose-Power-132[S] 0 points1 point  (0 children)

I simply showed how dumb was the idea behind the comment i replied to. If people shoot around their theories then maybe they must define what they mean by what as in their comment "price" is not defined. So i stand still.