Goddess of Spring, Life, Resurrection, and Rebirth!
Christians always seemed to "coincidentally" appropriate pagan holidays to bolster their own ranks with massive conversions to the 'real' church. Dirty pagans! Barbarians I tell you!
I received this message quite early on when my mom became a Jehovah's Witness in my fourth grade year, as they celebrate none of these holidays or even birthdays.
Fun fact: they also don't vote, which is really the only thing they do that I agree with. Abstention is a strong political message. Do not give the system any legitimacy by playing their twisted game.
Speaking of metaphors and symbolism...
Have you ever noticed that the Christian symbol for peace, love, and forgiveness is actually a torture device that ends in death 100% of the time? Isn't that neat? Stranger than fiction: you can't make this stuff up, friends. Or rather I guess you can since it's all make believe... except for all the torture... that was real.
https://www.farmersalmanac.com/spring-equinox-first-day-spring
The first day of spring will occur on Thursday, March 19, 2020, at 11:50 p.m. EDT for those of us in the Northern Hemisphere, which is marked by the arrival of the Vernal (Spring) Equinox.
If this seems early to you, you’re right! In fact, this is the earliest the Vernal (Spring) Equinox has occurred in 124 years.
This certainly is a time for new beginnings.
I guess we'll see how it all turns out. Once again, I'm mostly a spectator in all of this. This economic lockdown has only yielded positive outcomes for me so far.
Get ready for a Bitcoin crash!
That's right! I've bought more Bitcoin, which means it should crash any second now. Give it time.
I thought that Bitcoin was going to dip for the next few days. However, it seems that the resistance has perhaps turned support. Once again, I believe the fair market value of Bitcoin is over $8000, and this is the first time in 7 years it has ever dipped below that doubling curve. Even if the market crashes further from here, anything below $8k is a deal in my opinion.
I was thinking about going with Litecoin because they had their halving last August and have had plenty of time to drain the liquidity pool. However, Bitcoin has always proven to be the safer play. No sense at taking extra risk at such a risky point in time.
Yesterday I completed my taxes for 2019 and 2018, and it looks like I'm due for an $800 return on top of the $1200 stimulus. I figure $2000 is plenty of a hedge to enter the market now with everything I have. Most Americans couldn't save $2000 if their lives depended on it (and it just might). The only thing I buy with my money is more crypto, so even though I've lost a lot of value over the past couple years I still have quite the piggy bank saved up, especially considering how much money I make in a year.
What about Hive?
In my opinion the value of Hive can only go down in the short term. I really should have sold my powerdowns while I had the chance at those higher levels. @binance-hot has 29.5M coins locked away and there is no telling when they'll open withdrawals. It's very clear that CZ is also on team-Justin so that doesn't bode well for us.
When 29.5M coins are unlocked on Binance there is very little opportunity to pump and every reason to dump. Only 7.5M coins are liquid at the moment and 2.45M coins are about to unlock in 6 hours. I'm hoping to buy more Hive around the 5 cent level, as there's a very real chance this airdrop situation will create an all time low.
There's also a small chance that Bitcoin and Hive get a big pump before Binance even opens withdrawals. The @binance-hot powerdown will not even fully complete until June 7. If we get a pump in May this would open the opportunity for an epic Hive dump when Binance opens the floodgates. Considering that the economy could open in May and the halving will happen in May, this is also a very real possibility.
There's also the concept of not wanting to get ripped off. You'll noticed that Hive crashed to 10 cents and has held there pretty well. I think a lot of the accounts dumping know that this level has good support, and dumping lower than this is just giving away free money. Personally I am hoping this is not the case, because if Hive crashes down to 500 sats I'm going to be 60k Hive richer. Then again I'm fine with that not happening because if it does I'll be way overextended again and need to buy more Bitcoin to make up for it.
Speaking of Sats...
When Bitcoin goes mainstream a lot of people aren't even going to be using the word Bitcoin.
Oh, how much does that cost?
The price is 0.000065 Bitcoin.
No, that's not how it's going to happen.
The human brain does not like such small numbers. Everything will be priced in Satoshi's. It won't be 0.00006500 Bitcoin; it will be 6500 Sats. Let's not forget, by the time Bitcoin goes mainstream Satoshis will have a lot more value. 6500 Sats is already around 50 cents. How much will that be worth during a boom cycle of mainstream adoption? I imagine many people will stop hearing the word Bitcoin altogether. I'm somewhat surprised exchanges haven't already started transitioning to get over the whole unit-bias "Bitcoin is too expensive" fallacy.
I didn't buy 0.01 Bitcoin, I acquired 1M Satoshi.
Personally I think the value of Satoshis are going to skyrocket so high that the Bitcoin network will actually have to add more decimal points. Either that or the Bitcoin network will largely just be used by the elite to transfer around huge sums of value (more likely). I could also see the lightning network (second layer) adding decimal points while the Bitcoin network remained untouched.
Conclusion
Leave it to this guy to keep speculating on the markets even on this most holy of occasions. Happy lockdown everyone! Remember, they've always had this much control over you, they're just making it more obvious lately. Good times.
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