Mike Richardson

[Mike Richardson @Mike_the_Animal]

@Peter_thoc did an interesting video where he suggested that for a lot of people the psychology is that people flip from bearish to bullish and buy above the price they sold at, and later flip bullish to bearish and sell at a price below what they bought at. Which is 100% the wrong thing to do. Rinse and repeat.

[Mike Richardson @Mike_the_Animal]

@ChrisMartzWX Here they are "changing the clock" at Avebury Stone Circle in England.

[Mike Richardson @Mike_the_Animal]

I'll take a punt.

UK here, its called "National Insurance", but much the same thing. Introduced just post WW2. Its a mandatory deduction if you earn, you don't get the chance to opt out. So like a tax, but the claim was that it was a pension scheme, and when you retired you got a pension. Access to private pensions was more difficult then.

Now the government is looking at reducing the pension. This is like a private pension scheme turning round and saying, sure, you've retired, but tough, we are not going to pay you (and at the same time forcing current investors to carry on).

Personally, I think private pension schemes are a much better idea (not least because the government one pays crap), and lots of people do have them. So yes, in the UK, end National Insurance now, but it is grossly unreasonable to pull the plug on people who had no choice but to pay in.

[Mike Richardson @Mike_the_Animal]

@KillaXBT In 2023 the weekly candle out of the bottom was 22.00% (BTCUSD on Bitstamp), in 2026 is was 23.69%. And if you go back to 2019, the weekly containing the April Fools' Day pump was 26.73%. Clearly a sign of reducing volatility 😀

[Mike Richardson @Mike_the_Animal]

Seems to me you can take it two ways. It is a "normal" four-year cycle albeit slightly shortened, in which case the next ATH is another 3 years away. Or, the four-year cycle has broken, in which case the next ATH is maybe 15 months away. In the former case, psychology wins, in the latter case, the PMI wins. Or, of course, something else happens.

[Mike Richardson @Mike_the_Animal]

@8flat @Careerflex Land Rover 1956 2 litre engine: overhead inlet but side exhaust (which is what you've green ringed).

[Mike Richardson @Mike_the_Animal]

@andrewc44104127 https://t.co/Lu9vl9D2p1

[Mike Richardson @Mike_the_Animal]

@SimplyBitcoin Being as I'm almost a Boomer, the one person that I can discuss Bitcoin with is my wife. Unfortunately she's pretty well a paid up member of the XRP army.

[Mike Richardson @Mike_the_Animal]

@noBScrypto "Could be mined" ... "May take another century". Has there been a recent change in Bitcoin mining? I was told this could never be changed?

[Mike Richardson @Mike_the_Animal]

@MensHumor Company I worked for in the mid-to-late 1980s had a free canteen that did really nice food at lunch time. They were totally up front about it, they figured it kept staff on-site and people discussed work over lunch.

[Mike Richardson @Mike_the_Animal]

@1Chris194 @MAGACharlie2024 That's the second use for a bar of gold.

[Mike Richardson @Mike_the_Animal]

@theiaincameron https://t.co/KDsal9Rnwf ... one of the best views of Ball's Pyramid

[Mike Richardson @Mike_the_Animal]

@benright444 @Peter_thoc That comes later. Rotation is you friend.

[Mike Richardson @Mike_the_Animal]

@Peter_thoc Playing with the 365D SMA (aka 52W SMA, etc). Second time a charm?

[Mike Richardson @Mike_the_Animal]

@Sykodelic_ I have a bunch of buys ready in the fair value gap around there.

[Mike Richardson @Mike_the_Animal]

@BitcoinNewsCom @FutureBit https://t.co/k0ioGzc6TJ

[Mike Richardson @Mike_the_Animal]

@Peter_thoc My plan says wait on Alts until next month. If prices move up now, there will still be lots of profit.

[Mike Richardson @Mike_the_Animal]

@Peter_thoc Fair value gap between 69280 and 73050, roughly. Already got my limit buys ready.

[Mike Richardson @Mike_the_Animal]

@Peter_thoc A cheap second-hand Android on a cheap contract. Savings go into BTC.