[theluckycountry]

Dear Reddit.

Q: Lost(?) Bitcoin. One place sent it, They sent me the Hash for proof. Where they sent it has not received it. What do I do. I’ve already waited a week. Edit- adding the following- The information I can offer- Bitcoin from Ignition casino was sent to my acct at Robinhood. I don’t like to leave Bitcoin at ignition so I was sending it every few days to Robinhood. Also sending from Robinhood to Ignition frequently. I didn’t know this was not allowed (I look like a money launderer) so they disabled my ability to send or receive crypto....

A: Rule number one of using crypto to gamble - don't send directly to/from an exchange. You need your own wallet.

Q: Mining verse expensive Electricity. So there is theory floating around cheap electricity in future. With rise of AI, there is an enormous need for power/electricity ...

A: Use an Airbnb if you need cheap unlimited electricity and be prepared to move every 30 days cause the homeowner is going to lose their mind when they get an electric bill for a couple grand.

[careinke]

$this->bbcode_second_pass_quote('mousepad', '')$this->bbcode_second_pass_quote('theluckycountry', '
')BTC $104k

[theluckycountry]

Pump and Dump Pump and Dump
Just look at the past 3 months, or the past year https://www.coingecko.com/en/coins/bitcoin

BC was 106k this morning. Just as it was in December last year!

It rose a couple of times, dramatically, back when basically no one owned it, back in 2017 and 2020. But since the last top though millions of people have flooded in and bid it up, but not like the earlier booms. Even the manic buying of Salylor and the ETF's hasn't had an effect on the price. Why? Basically because BTC is a leveraged asset now, it's part of the Fiat structure, it's no different than buying shares, though a lot more volatile. We're clearly moving into a time of economic stress and that's precisely when you want hard assets.

The fact BC hasn't moved up in a year says it all.

[theluckycountry]

This is what passes for technical analysis with the coinheads.

$this->bbcode_second_pass_quote('careinke', '
')Yesterday had an all time high close for the day (it didn't close above the quick spike up, which was $123,000). Today, we closed above that level at Fiat $123,365, with a spike to FIAT $123,740. Plus, in the hour and a half since the Zulu date change we have so far, hit a high of Fiat $124,533.

[theluckycountry]

Fri 01 Nov 2024
$this->bbcode_second_pass_quote('careinke', 'Q')uick update, My SOL limit buy order closed at $165.88 in Ponzi FIAT dollars.

PEACE

[theluckycountry]

A lot of angst over on reddit now, If anyone some much as peeps that they are discontented they are jumped on and smashed down. They are stupid, weak, they shouldn't be in BTC is they are not 1000% behind the 'dream'.

It's a funny dynamic, the coiners are such haters, they can't tolerate even micro-aggressions
With any other form of investment the owners would come back at patiently explain the market dynamics and fundamental principles, but no such thing exists for crypto, all there is 'to da moon' and remember the last two cycles, and now, some real do good everyday dogecoin memery is slipping in,
$this->bbcode_second_pass_quote('', '&')quot;It blows my mind that people can't fathom someone like Satoshi would do what he did for the good of humanity "

[careinke]

$this->bbcode_second_pass_quote('theluckycountry', 'F')ri 01 Nov 2024
$this->bbcode_second_pass_quote('careinke', 'Q')uick update, My SOL limit buy order closed at $165.88 in Ponzi FIAT dollars.

PEACE

[theluckycountry]

$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('theluckycountry', ' ') Let's hope the transaction fees weren't too bad.

[theluckycountry]

From the center of all BC, the Reddit sub
Thread titles.

$1 in Bitcoin Everyday
Im sick and tired of being broke and making excuses! I’ll be dropping in a bit more money into Bitcoin when opportunities present themselves but for now — $1 every single day — set it and forget it. Lets see where this takes me in 20 years!
Mid November-
I wanna what bitcoin gonna look like when the government opens in mid November- lol. Inside information is the best .
Is It Time to Move Some of my Bitcoin to ETFs?
I’ve been DCA-ing for almost 5 years now. I’m one of those lucky people who managed to DCA at the bottom in 2022. My net worth is now 90% in BTC, with zero stocks, index funds, or other traditional assets.
As a Bitcoin-maxi, should I be weary or suspicious about SLIP-39?
Some eleven years ago, I got my first bitcoin. I have held a number of shitcoins since then, which I have since long gotten rid of. Since then, it is bitcoin all the way.

The last post shows the gullibility of the poster in spades. He/she has seen all the other crypto go down the toilet basically and for some reason can't connect the dots with BC? The only diff is that BC was the first and has the biggest exposure, but fundamentally the others are no different. Similarly when one tanks they all tank, that should be the heads up if nothing else.

We're now well in the BC collapse territory where it goes down the toilet for a few years yet no one over there is even discussing it. The poor few who do get their threads canned in short order. It's just one big happy stressful smiley face. I don't post there, or anywhere on Reddshit, it's a filthy toilet bowl basically. But it is an insight into the heads of the dumb masses and therefore worth a look from time to time.

r/teslamotors is a bit of ghost town now too, with most threads just posts about cyber trucks with pretty paint jobs. I did find this one though.
reddit.com/r/teslamotors/comments/1og1zg5/per_teslas_website_model_3y_and_ct_getting_price/

It's basically a sales ad for Teslas describing how the price has gone up and you can Lease one for $329/month. That's basically $4000 a year. That's for the Model 3/Y and CT Come in sucker.
$this->bbcode_second_pass_quote('', 'F')SD prices are being left alone, right? I’m planning on buying it ~November 10th (about a week before my 3 month trial expires, right after a new month starts on my CC so it’s interest free until early January.)

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')Im sick and tired of being broke and making excuses!

[theluckycountry]

Uptober has given way to No vember, the amazing new money of the World floundering along in it's range bound apathy. If it was anything else, like a stock, it wouldn't matter. But this is the savior of the world we're talking about, the money that kills Fiat, that governments and banks can't touch

Is there a single straw left to grasp on this pig of an investment? Oh but the price is... So what? World-com was once lofty too, when the Lies that underpinned it were not fully exposed. The simple fact is EVERY form of money on the planet derives it's value from one source. Public acceptance that it IS MONEY! You take that away and it crashes. Trust. That's what a money needs, and I don't think even the coinheads trust it now. They hodl it, they have hopes, dreams, but many are getting weak hands. And let's face it, the rest of the world doesn't give a shit about it. That's another delusion the coinheads cling to, that one day EVERYONE will wake up to BTC's value.

It reminds me of Vegetarians I have spoken to over the years, they too are fully convinced that one day EVERYONE will realize how healthy a lifestyle it is and ditch meat for carrots. Well it aint gonna happen because most of us love MEAT. And similarly most of us want nothing to do with bullshit crypto tokens and all the madness that goes with hodling them. Complicated cold wallets and seed phrases and all that. Exchanges that disappear or get hacked overnight. ETFs where you give people money to buy what you want to buy and they take a commission but give no guarantee they will ever deliver your purchase. Yes it's in the fine print, they can choose to give you dollars back instead, or simply keep it if there is a nasty market dislocation and prices plummet. You'll get something back later, after everyone higher up the food chain has taken a bite. They are a total scam. Just another 21st century financial racket like mortgage backed securities, now re-branded bank Bonds.

When you total up all these digital instruments and then compare them to the available "Real Stuff" on the planet it's obvious they could never hope to hold their value. Sure, now, when a small percent of people retire and draw tiny amounts out to buy a car or a holiday the system functions, but in reality it's one big leveraged pile of excretement. I mean look at Tesla, it's a hollow shell. Car sales are in the toilet and there wasn't ever much profit in that anyway as the real profit came from carbon credits. And robots are a futuristic dream, yet the market *wink wink* values it at $ 1.4 Trillion dollars.
$this->bbcode_second_pass_quote('', 'T')he federal government spent $1.5 trillion on Social Security in fiscal year 2024

[theluckycountry]

$this->bbcode_second_pass_quote('careinke', '
')Thought I'd stop by and say thanks for the money I've been making. You are the BEST reverse indicator I have EVER used, keep it up, pretty sure you are batting 1,000.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')Wake up you idiots!

[theluckycountry]

Crypto is now officially boring - 5mo ago
$this->bbcode_second_pass_quote('', 'I') don’t care what anyone says, crypto is boring now.

Bitcoin is just slowly going up. That’s obviously better than it going down, and long term it’s good, but it’s not exciting to watch. There’s no real action. Just a gradual increase that doesn’t really get people talking. It used to be unpredictable. Now it just feels like a slightly more volatile stock market. It’s not even moving much day to day. It’s kind of the same pattern every week. Up a bit, down a bit, repeat.

And everything else in the space feels the same. All the altcoins and shitcoins just feel like copies of each other. There’s nothing new. Nothing interesting. Just the same old people trying to hype projects that don’t go anywhere. You scroll through crypto Twitter or Reddit and it’s just recycled takes, recycled memes, and everyone hoping the next pump will come soon. There’s no buzz like there used to be.

[theluckycountry]

This story is a classic, and the reason why I don't believe half the shit posted here.

Crypto "millionaire" tweets about his fabulous lifestyle
https://www.reddit.com/r/Buttcoin/comme ... _fabulous/

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'T')his story is a classic, and the reason why I don't believe half the shit posted here.

[theluckycountry]

December 18- 2024, and BTC was $106k. Same as today, Yippee

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'D')ecember 18- 2024, and BTC was $106k. Same as today,

[theluckycountry]

https://www.reddit.com/r/Bitcoin/commen ... ming_back/
Bitcoin address distribution by amount hled.
>1 BTC 55,489,656 shrimps
1-10 BTC 742,250 crabs
- fish
- sharks
> 10k BTC 87 Whales

So the vast majority of BC is held by little dweebs owning less than one each. And they all expect to get rich? The post pins it's hopes on Whales buying.

Comments:
$this->bbcode_second_pass_quote('', '-') Does mean there are only 56 million people with bitcoin wallets?
- Not people; wallets. I, myself, have like 6 wallets. My guess is that fewer than 10M people own Bitcoin still.
- If a BTC holder sells and later moved into an etf, it will look like a shrimp sold and a whale bought when it was actually a wash
- I would say around 20M, and most of them are shrimps

[theluckycountry]

As a comparison-
$this->bbcode_second_pass_quote('', 'T')esla's shares are held by many different pension funds in various ways, but millions of people have a stake in Tesla through their pension funds. For example, the New York City Retirement Systems hold over 3 million shares, representing millions of individual beneficiaries, and the American Federation of Teachers pension funds have billions of dollars invested in Tesla, benefiting its 1.8 million members