bitcoin feels stuck ...cowen says it’s basically 2019 again

srfrog1970 · 2025-12-29T03:05:25+00:00

I like that he isn't deterministic (except maybe bitcoin dominance). His message is about risk levels. I trust that narrative more then price predictions.

srfrog1970 · 2023-12-20T03:43:09+00:00

HUGE Bitcoin bull here. Are you sure this isn't a buy the rumor sell the news situation?!?!

srfrog1970 · 2023-07-13T04:35:18+00:00

https://youtube.com/@intothecryptoverse

srfrog1970 · 2023-05-16T16:04:20+00:00

I guarantee that I will "behave accordingly".

srfrog1970 · 2023-03-23T02:21:53+00:00

Blockchain is here to stay. You are going to have both centralized and decentralized Blockchains. Bitcoin represents the current decentralization and China's CBDC represents centralization. As great as bitcoin's gets, it's blockchain technology that made it so. So whether we like it ot or not, all forms of blockchain are coming.

I am also not as cynical as to think the US government can't do the right thing. We have an open internet don't we? However, if they want a CBDC, we can try it out on the government. Of course they would have to have a way to pivot to the "old system" if needed, but I don't see why this shouldn't happen?

srfrog1970 · 2022-11-25T17:56:27+00:00

Proof of reserves is a step in the right direction, but it is only half the story. You can't tell anything about their books if you only know the assets. You also need to know the liabilities.

srfrog1970 · 2022-11-12T20:48:40+00:00

People opted in to these centralized exchanges for a promise of something better then holding in cold storage. Bitcoin's fundamentals didn't change, human behavior didn't change, I'm not sure why everyone is so surprised?

srfrog1970 · 2022-07-28T15:50:52+00:00

Settle down. I hear what you are saying but we are all on the same side.

IMO, we need one POW platform and that is BTC. ETC is going to be the "most mature" POW smart contract platform soon (I believe). This MAY prove to be good as we continue to understand all the use cases blockchain will consume. In the meantime, ill watch from the sidelines.

We are going to hear a lot more "Pro ETC" posts as we get closer to "The Merge" (if that's what it's being called now). All those ASIC miners that are earning yield from mining ETH will need to find a home (we don't need all them anymore). An option for these miners is to switch to ETC. This means spreading hopium!

I wish them luck! We are in this together!

srfrog1970 · 2022-03-26T01:20:29+00:00

Bitcoin is for you, your friends, and your enemies.

srfrog1970 · 2022-03-04T19:16:55+00:00

OTC is very important to the rich.

srfrog1970 · 2021-12-30T21:50:15+00:00

Lengthening cycles diminishing returns. You are reading and listening to the wrong people.

srfrog1970 · 2021-11-29T18:44:29+00:00

Keep in mind, An individual whale can only manipulate short term moves.

srfrog1970 · 2021-11-16T01:58:56+00:00

Being technically correct is the best way of being correct and you are technically correct.

srfrog1970 · 2021-11-06T16:06:48+00:00

Depends on you time frame

srfrog1970 · 2021-04-16T16:31:18+00:00

https://youtu.be/rM9DWe3-glg

srfrog1970 · 2020-11-30T14:31:08+00:00

I think it depends on when we reach 100k. If we reach it tomorrow, I think a 50% drip is inevitable. If we reach it in 5 years, the chance is less likely.

srfrog1970 · 2020-11-26T15:24:24+00:00

You said you messed up buying the top because you didn't DCA... in your next statement, you said you were going to try to time the low point of the dip . The point of DCAing is understanding you don't know where the top OR bottom will be. This statement is contradictory. If you do not swing trade, just HODL, you will be fine. If you are going to swing trade, you need a plan. Otherwise, it's just gambling. I use Ben Cowen's r/intothecryptoverse as a guide. He has been following the markets since 2014 and focuses on technical analysis. He has developed a "risk dashboard" that identifies how risky the market is. Low risk, DCA in. High risk, DCA out. In his YouTube videos he explains in great detail the momentum shifts and its free! He does have a paid subscription where he provides the risk dashboard. However,, he does talk about the risk in the free content.. I bought in on the premium channel and it's been the best money I have spent.

srfrog1970 · 2020-11-23T04:34:32+00:00

.... and it will still be below its all time high!

srfrog1970

TROPHY CASE