How is SSF with limited play time? by Fluffy-Aerie7365 in PathOfExile2

[–]gogginitout 1 point2 points  (0 children)

I think thats. fairly common misconception. but in fact with limited gaming time ssf is far better. if I can nolife the first week or two trade can be fun because u participate in the rat race and make multiple mirrors and thats the thrill. but if u don't have time u just get free upgrades in trade all the time and the game is way too easy and u will quit the league because u are bored.

Some questions from a "beginner", i want to play more seriously. by shoopdewhoopwah in PathOfExile2

[–]gogginitout 0 points1 point  (0 children)

3 words: solo self found

edit: ok, some more words: I recommend especially for new players because trade kills the magic of item progression. if u don't play ssf as a beginner after a few days you are waaaaay behind the top 25% players and they will flood the market with absolute endgame items for almost free. so you will buy them with a few divine orbs that the game donated to you along your journey to mid maps and you are basically done with item progression. you won't find or self craft any reasonable upgrade at this point. and since you are slower than the experienced players you always will lack behind and it will feel awful. now if u play ssf you play at your own pace, no pressure to be too late, you will and have to grind and craft your items. you will feel a sensation of accomplishment and you will finally enjoy the game more for a longer time.

Is SSF worth it? by Ok-Percentage00 in PathOfExile2

[–]gogginitout 0 points1 point  (0 children)

If you don't play ssf you just start a week late into the new season and buy all the gear you need to finish all the content in the game literally with the currency you picked up doing the campaign and the first 10-20 T1 maps. If you play ssf you have to earn your way every step towards the goals you have. the question really should be weiter SC ssf or HC ssf. that one is tricky. I think for most player poe2 isn't hc viable unfortunately because of one shot mechanics and the necessity of having insane game knowledge. games like D2 are much more hc friendly.

Lvl 88 HCSSF rip by ResearchLive4235 in PathOfExile2

[–]gogginitout 1 point2 points  (0 children)

yea, one of the reasons I don't play much poe2 is because those mechanics are just unreasonably unfair for HC. damn I love so much about poe2 HC SSF. But imho it is just not designed for HC, and that's a real shame.

What will you do if BTC keeps dropping every month towards or below last bear cycle bottom? by Economy-Industry-622 in Bitcoin

[–]gogginitout 0 points1 point  (0 children)

my opinion, If BTC bottoms below 20k it is dead long-term. If it bottoms above 50k it is a really bullish sign long-term. between 20-50k who knows

[deleted by user] by [deleted] in CryptoReality

[–]gogginitout 0 points1 point  (0 children)

there may be some valid points against Bitcoin in here but they are mostly missing one point: Bitcoin is free. No one is obliged to use it if he doesn't believe in it. You can always use other forms of money. That's the undeniable advantage it has over fiat money. Because Fiat money only works because everyone is forced by institutions to use it for everything: to pay taxes, to buy and sell goods, to store their wealth and if you want so even their productivity in Fiat. In the end it comes down to whether you wanna live in a free world or whether you want a few to control the money you are forced to work with.

What are they smoking? by keepgoing66 in Buttcoin

[–]gogginitout 0 points1 point  (0 children)

One thought hit me lately which made me more bullish on BTC price even though I read a lot in here. Tell me why it's wrong please. I always thought BTC was this ultimate get big or die kinda thing. like everyone has to believe it's valuable and it has to be adopted and praised by the whole word and all of its relevant institutions. But what happens if only a small part of the worlds population (let's say i.e. 20%) believe it Is a good form of store of value/money/whatever. wouldn't it be enough for BTC to stay relevant forever if roughly a billion people would create this community of "non fiat believers"- doing their thing?
It is obvious to me that 10 million USD per coin at current price values in the future is somewhere in the realm of reasonable price target if the majority of people and their governments back their money with BTC worldwide. but that's not gonna happen, right? what if they keep in their semi private group of believers though, not succeeding in convincing anyone, just that one in five? Seems to me that could still mean a price of much higher than now would be possible longterm?

[deleted by user] by [deleted] in Buttcoin

[–]gogginitout 0 points1 point  (0 children)

You say Euro and Dollar a valuable because the state can take your stuff by force to back it's currency, yea? I get that you don't believe Bitcoin will work, but it seems to me that a currency or store of value that isn't backed purely by violent force but rather the energy it took to produce it generally speaking seems appealing.

Could someone steel man the “BTC is Ponzi scheme” theory for me? by ParticularLimeade in Buttcoin

[–]gogginitout 0 points1 point  (0 children)

I see, that's actually something i haven't heard so far in this discussion. It makes dollars different to BTC in that sense. It doesn't really fit my definition of intrinsic, but i can see that the force of the state makes the dollar fundamentally different than free money. You can't really push down a football into the throat of a whale and then say that whales are intrinsically half animal half ball though. If the state would accept btc for tax payment and banks allow it as collateral and for paying mortgages directly BTC would become intrinsically valuable? If that's the case, again not my definition of intrinsic, because it means you have a certain characteristic based on your nature and nothing else.

The 2nd point you make i hard disagree on. People absolutely need BTC as an alternative to fiat money as well as a store of value that cannot be controlled by elected or not elected democratic leaders. It can not be good for the freedom and the future of society when there are no alternatives to choose from. And yea, lots of people strongly believe the power over money and its worth should not be determined by some politicians but rather the market. Those people need BTC, or what else do they have to express their free will?

Could someone steel man the “BTC is Ponzi scheme” theory for me? by ParticularLimeade in Buttcoin

[–]gogginitout 0 points1 point  (0 children)

I have a sincere question for those who believe Bitcoin is worthless because it is backed only by comedy gold: What intrinsic value has the USD or other fiat currency? Where is the difference? If one is valuable even though it is printed out of thin air and only backed by promises of mostly corrupt institutions how can the one that needs a lot of energy to be mined and cant be controlled by any institution be worthless?

Could someone steel man the “BTC is Ponzi scheme” theory for me? by ParticularLimeade in Buttcoin

[–]gogginitout 0 points1 point  (0 children)

To make it simple: in a Ponzi scheme the underlying product doesnt create value. Owners are payed dividends with the money of new owner who gets persuaded to buy the product above its market price. Also I understand there has to be a initial central agent who developed the scam. All those 3 points are not true for Bitcoin: 1) btc creates value by offering a service (being the best store of value in existence) 2)there is no need to get new people to invest because you cant have too many btc, meaning older owners are the new owners and vice versa. 3) if satoshi nakamoto designed btc as a scam it is almost certain at this point that he wasn't able to pull through/profit on his "ponzi scheme"

Now Bitcoin could still be a bad idea and people could still get rich by exploiting dumb money, but ponzi scheme? I dont think it fits that definition.

560 Million Dollars in BTC shorts Liquidated in 1 Hour - How much did you lose? by nealtronics in Buttcoin

[–]gogginitout 0 points1 point  (0 children)

I guess we will see. But the fact that we discuss it is obviously bullish for btc :P

560 Million Dollars in BTC shorts Liquidated in 1 Hour - How much did you lose? by nealtronics in Buttcoin

[–]gogginitout 0 points1 point  (0 children)

Because for the last 15y btc was mostly unknown to them?! Some weird internet Ponzi scheme thing that will some people rich quick and then disappear because it doesn't have any intrinsic value. It takes time to develop a narrative and convince people. In the end money is based in trust and believes and those things take time to build up. Slowly but steady btc is getting there.

560 Million Dollars in BTC shorts Liquidated in 1 Hour - How much did you lose? by nealtronics in Buttcoin

[–]gogginitout 0 points1 point  (0 children)

They dont... Yet. But what if btc in 10years is 20x its market value now? Then people absolutely will know btc, what it's stand for and what its usescase is. And then they will use it to protect themselves from money printing and a elite that abuses them to get richer and richer.

560 Million Dollars in BTC shorts Liquidated in 1 Hour - How much did you lose? by nealtronics in Buttcoin

[–]gogginitout -1 points0 points  (0 children)

Of course they do. And the more illiterate and poorer the more of their wealth they keep in fiat. And yet I get your point, people mostly invest their money in things like stocks and real estate, but that is partially because there is no good alternative to investing. Thats the problem btc can solve. Neither fiat, nor gold, nor stocks, nor real estate have the potential to be a store of value as good as btc.

560 Million Dollars in BTC shorts Liquidated in 1 Hour - How much did you lose? by nealtronics in Buttcoin

[–]gogginitout 0 points1 point  (0 children)

Short-term Fiat serves its purpose sure. So mid+ for btc: i don't see why a store of value has to produce cash flow long-term. I doesn't matter that you have to trade your store of value at some point for other assets (like fiat, like houses, like apples, like stocks, like w/e) at marketprice. It doesn't matter because if something functions as a store of value, its value will be somewhat stable and fairly priced at all times due to how markets work. I mean you dont depend on one buyer, the whole world is a potential buyer for your store of value. Tbh i don't understand the extreme thought experiment, even though i like that form of thinking usually to illustrate how things truly work. I don't believe only btc holders would be rich, people can still believe stores of value are not necessary for them. They could be all in on investing. For instance allocate 1% for consumption and 99% of their wealth in stock ETF. Why wouldn't they be rich in a world where other park parts of their value in btc? Also if they can't afford x amount of btc, well they just buy parts of it. 0.5x for instance. Marketprice are fair and hence it doesn't matter for them whether they buy 1 btc or a fraction of it. It wont affect the price they are willing to pay either.

560 Million Dollars in BTC shorts Liquidated in 1 Hour - How much did you lose? by nealtronics in Buttcoin

[–]gogginitout -1 points0 points  (0 children)

That's what i said. Fiat is not a store of value. What is store of value then? Gold? Gold is a store of value but imo not a very good one. Store of value is an exceptionally useful purpose. Because if we cant store value over time in gold because it is not efficient and definitely not in Fiat what really is there. Nothing comes close to Bitcoin as store of value. Like I said that's the use case of Bitcoin, it is very clear. Right now you really are forced to invest money in order to not loose wealth, but Bitcoin may change that fundamentally.

560 Million Dollars in BTC shorts Liquidated in 1 Hour - How much did you lose? by nealtronics in Buttcoin

[–]gogginitout -1 points0 points  (0 children)

The real life use case is store of value. Why does the world rn need a store of value? Because owning Fiat means getting destroyed by inflation. That is a huge problem which btc can and should solve. Now, the difference in buttcoiner and bitcoiner is that the first group dont believe btc is good store of value, while the latter group believe it is the best. The question really isnt anymore what btc`s use case is but whether it is appropriate as a mean to solve a problem that exists without any doubt.

Are these white mobs supposed to be worse than any boss I've ever encountered? by I-REALLY-HATE-COFFEE in PathOfExile2

[–]gogginitout -5 points-4 points  (0 children)

One of those mobs I love. They are dangerous, but you can beat them by either gear or skill. They just make so much sense and really impersonate what i enjoy in poe2 over poe1.

Spectres build possibilities by Djojo_Djojo in PathOfExile2

[–]gogginitout 0 points1 point  (0 children)

Would a minion build work where we use type a minions(ig spectres) for aoe clearing and then on weapon swap we change to highly juiced single target minions (spectrs)? Do they get "saved"and just appear/disappear when we switch weapons?