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101  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: June 03, 2024, 01:26:41 AM
Out of the 4 above pushup reports, your script ONLY updated yours with the latest information.  OgNasty, mine and Churchilvv were not updated in the latest table.
Wow, the single digit day is spreading like wildfire!  I'm not sure what effect it will have, but for now single digit months and days will sneak by.
Ok..  I see now.. the common thread of a screw up of the three of us.. so I will fix mine early, even though I am not done with my pushups for today.. but I will include it.. I cannot count any of the pushups before they have been done.. 100k,JayJuanGee,119,23755,2024-06-02
What was the screw up? I’ll admit I usually just copy someone else’s entry and then change the info to my own, but I should probably do a better job of paying attention to the format. It isn’t all that hard. I’ll have to update mine later as I have not yet completed my daily 100 push-ups. I did get 40 in this morning.

I pretty much did the same.. the copy and the editing of my info into someone else's report.. and that is my excuse for overlooking (or making the error with) the number of digits for the day.. I did not catch it, and I also did not catch it when I complained about not being included in the update.. but yeah, DirtyKeyboard (nor any other member) need not overly explain to us when we are making mistakes like that.. but sure each of us might want to point out when we see errors in the reports of others in order that they can fix them in their next report or perhaps fix them in their previous report....
102  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: June 03, 2024, 12:58:46 AM
Out of the 4 above pushup reports, your script ONLY updated yours with the latest information.  OgNasty, mine and Churchilvv were not updated in the latest table.
Wow, the single digit day is spreading like wildfire!  I'm not sure what effect it will have, but for now single digit months and days will sneak by.

Ok..  I see now.. the common thread of a screw up of the three of us.. so I will fix mine early, even though I am not done with my pushups for today.. but I will include it.. I cannot count any of the pushups before they have been done.. 100k,JayJuanGee,119,23755,2024-06-02
103  Economy / Speculation / Re: Buy the DIP, and HODL! on: June 03, 2024, 12:49:27 AM
[edited out
You have made a point on how Bitcoin is serving similar roles to gold and silver,  but investors may still find some more value in the allocation of part portion of their samples to some valuable metals and other assets for specific reasons, which can be seeing In the aspects  risk management of market volatility , and inflations.

It is also paramount to identify individual financial goals, risk tolerance, And strategy of investment being so unique. Bitcoin can be a great part of one's investment, diversification can help ensure risk management and keep them all working together for a long term purpose.

Sure there is nothing wrong with accounting for various individual financial and psychological factors (you can see 9 individual factors, here), and it is probably a good thing to do that, yet diversification is not necessary for brand new investors into bitcoin.

Yeah there might be some investors who already have gold and/or silver or already know how to easily buy and/or sell it, yet still I would suggest caution when fucking around with gold and/or silver including perhaps limiting the amount that you invest into gold and/or silver to less than 10% the size of your bitcoin holdings.

Even though you are not wrong about the idea of risk management, and sure I might be repeating myself a wee bit.. yet based on a lot of the ideas that I already discussed, that still does not mean (or justify) that there is any need to diversify beyond dollars (or other fiat) and bitcoin until after a certain amount of time of building up the BTC stash, which surely might be different for different folks in terms of how many years of their salary that they might have had accumulated into bitcoin and/or cash and start to feel some needs to go beyond just holding cash and bitcoin..

In the scheme of investing kinds of matters, it is normal to build up to 3-6 months worth of cash for emergency fund, float and/or reserves, then sometimes it might even be justified that the dollar/fiat values might end up exceeding 6 months depending upon why the dollars/cash is being held.. and surely sometimes there may well start to become greater desires to put some of that value held in dollars to work.. additionally it could well be the case if someone has 50% to 75% or even more in bitcoin and the remainder in dollars, then there also might be some desires to either reduce the amount that is in bitcoin or to stop it from growing to higher amounts... yet there are also theories about letting your winners ride.. but at the same time, there is a bit of a presumption that someone who lets his winners ride is invested into more than just dollars and bitcoin.

Diversification matters are not really easy topics and likely quite a bit beyond the topic of this thread since here we are moreso talking about various ways to accumulate BTC rather than getting into some of the side topics, including diversification and including that I personally consider that any newbie might spend more than 5 years building up his/her BTC holdings before diversification (beyond cash and bitcoin) is really going to start to become any kind of a new motivator - which also might start to get into ideas about graduating out of more strict BTC accumulation strategies and perhaps getting into some kind of a hybrid maintenance strategy that might well justify thinking more about diversification.
104  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: June 02, 2024, 04:13:52 PM
The best step toward approaching investment in my opinion is; A source of capital - basic knowledge - investment goal - investment strategy - discipline - consistency. This process will lead to a successful investment, well tested and trusted.

Having various good (or best) practices in each of the categories increases your chances for success, but does not guarantee success.  Maybe you should include learning and tweaking along the way as one of your practices, and also ideas about humility in order to not take for granted that any "correct" actions that you might be taking along the way is going to end up leading to the results that you expect.

actually there is nothing strange about the phenomenon you mentioned, we are all aware and understand very well that the crypto market is very volatile, the coin you buy will not always experience an increase in price when you buy it, the price may go down and our attitude is what determines to sell or hold. Have you ever heard of the DCA method? Well, currently it is the investors who use the DCA method who profit, not the traders.

Personally, those 3 letters are quite familiar to my ears. Yes. DCA is one of the most effective and widely applied purchasing strategies currently in investing in crypto.

The crypto market is very volatile, that's what it's like and it doesn't make someone who already knows the inherent risks immediately leave because they can't stand it, but rather it becomes an opportunity to buy back.

That would be really dumb to DCA in crypto.

DCA in bitcoin works well, but not in crypto.. that is absolutely retarded to try to suggest it to be a good idea to DCA into any shitcoins, unless you happen to know quite a bit about such shitcoin, and even if you do, I doubt that there is actually any shitcoin that DCA would apply since with any shitcoin you need to be considering when to get in and when to get out.  If your investment is long term, such as bitcoin, there is no need to get into specifics of your planning about when to get out, and you can consider various withdrawal strategies at a later date.. since the presumption that any of us should be able to figure out with bitcoin is that bitcoin has decently good chances of ongoingly going up in price (and value) and so that by the time we get to our period of considering any kind of a withdrawal plan (such as 4-10 years or more down the road), then there should be pretty decent chances that BTC prices/value is up in both nominal and real terms.
105  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: June 02, 2024, 02:04:45 PM
>edit<
100k,Churchillvv,114,11727,2024-06-1
>edit<
100k,JayJuanGee,118,23600,2024-06-1
>edit<
100k,OgNasty,121,12200,2024-06-1
100k,DirtyKeyboard,112,11320,2024-06-01
Combo Breaker!   Wink
......
│ Username          │   Days │   Pushups │ Last Date   │   PU/day │ % of    │    Days till │
│                   │     In │      Done │ Seen        │          │ Total   │   next digit │
│ OgNasty           │    118 │     11900 │ 2024-05-29  │   100.85 │ 6.40%   │          874 │
├───────────────────┼────────┼───────────┼─────────────┼──────────┼─────────┼──────────────┤───┤
│ JayJuanGee        │    116 │     23205 │ 2024-05-30  │   200.04 │ 12.48%  │          384 │
├───────────────────┼────────┼───────────┼─────────────┼──────────┼─────────┼──────────────┤
─┼─────────┼──────────────┤
│ Churchillvv       │    113 │     11600 │ 2024-05-31  │   102.65 │ 6.24%   │          862 │
├───────────────────┼────────┼───────────┼─────────────┼──────────┼─────────┼──────────────┤──┼──────────────┤
│ DirtyKeyboard     │    112 │     11320 │ 2024-06-01  │   101.07 │ 6.09%   │          878 │
├───────────────────┼────────┼───────────┼─────────────┼──────────┼─────────┼──────────────┤

Out of the 4 above pushup reports, your script ONLY updated yours with the latest information.  OgNasty, mine and Churchilvv were not updated in the latest table.

[edited out]
There can be several reasons why one  need to track the pushups speed, as for me it gives me more clue on how much of the time am allocating to my pushups in achieving the daily goals and objectives after making out the plans for the day and attempting achieving it as one may not tend to spend more than the allocated time to each of the daily activities. I dont really spend much of the time doing my pushups, what takes most of my time is my resting time, I have have meeting up 20 push within 1 minutes where Total time spent will be calculated based on the numbers of sets and sessions.

100k,Tmoonz,91,10192,2024-06-2

For me, it does not really matter so much if it is going to take me 1 minute or 5 minutes to do a set of pushups in terms of how much it is distracting me from doing other things, even though sure the time does tend to add up.

From my perspective, the more important consideration is just the trade-off between quality of pushups and quantity of pushups, and I am not even trying to proclaim any kind of value judgement in regards to which one might be more important, but instead just trying to attempt some kind of an somewhat objective measure in order to see how the time versus quantity per set might change over time.  Surely there could be differences in the numbers of sets per day and the time between sets, and I can already see that data when I write down my pushups for the day.. even though there sometimes might be some ways that I might write down a different quantity of pushups than I do.. or some other change in how I write them down for my own administrative purposes - but still I am attempting to use the information in order to help me to better understand the ways that I am doing my pushups and perhaps considering whether I might want to make any changes.  

Another thing is that I might not be documenting everything that I might want to try to remember, such as how I felt during the pushups, how lingering the soreness might be and which parts of the body (or is it psychologically?), in terms of form of the pushups, whether I might attempt to pause at the top or the bottom of my pushups, whether they are full distance or even to describe how sloppy or unsloppy I might consider the pushups to be, and so in regards to some of the quality of pushups and/or even how I felt matters, I likely am not attempting to document those kinds of measures, so maybe I am going a bit by memory to consider if I might have had changes in some of the different kinds of undocumented measurements.

Kicking off another month of push-ups and happy to say that I’m still going without missing a day. The days sure are flying by though. I think BTC will hit $100K somewhere around day 300 for me. At least I’m hoping it does by then. It would be an interesting experiment to see how long people keep doing push-ups if it never does.

100k,OgNasty,121,12200,2024-06-1

I am not going to proclaim that you are unreasonable in the idea of around 6 months for BTC to hit $100k - yet part of the problem with such specifics is that there tends to be a range of possibilities, including that bitcoin could hit $100k within the week or maybe two weeks or it could take 2 years or it might not happen, yet sure as a base case, hitting $100k somewhere in the ballpark of 6 months from now does not really seem to be unreasonable.

Even though the idea of BTC taking much longer to reach $100k, such as 1-2 years or even longer, surely it would be interesting to see how much of a rotation we might get in the number of pushers, or maybe they continue to increase in numbers, but some of us will end up dropping out for various reasons - whether related to loss of confidence or for other reasons.
106  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: June 02, 2024, 03:32:35 AM
As much as JayJuanGee asked Sotelorene to tell us how he achieved an average of 200 push-ups per day, don't make it look like doing 200 push-ups a day is impossible. He can adopt a strategy that would make him not struggle to complete the 200 push-ups a day; the strategy will only be time-consuming. For instance, Sotelorene can adopt a strategy of 10 sets of 20 reps, in which he will maintain 20 push-ups in each set, which I think is easy to achieve. There was a time in this push-up challenge when I did more than 200 push-ups per day in 4 reps in a week. If you have been doing push-ups like the people on this thread, 200 push-ups a day is a small number to achieve.

Personally, I believe that we deserve a bit of a description (even if somewhat cursory) from anyone who is coming to the thread and claiming to be doing a lot of pushups.

I agree that doing a lot of pushups in a day is not necessarily physically difficult for some folks and it may well even be fairly easy for some who are already used to doing them on a fairly regular basis or doing some kind  of very closely related kind of activities, especially if you break them up into smaller numbers per set, as you suggested.

Nonetheless there still comes quite a bit of dedication to do either 100 pushups per day or even 200 pushups per day and to both included it into your daily routine and/or to agree to keep track of such pushups.

I personally believe that it is not very easy to keep up with averaging 200 pushups per day, yet I know that folks have different abilities and even ages that make a difference.

To anyone doing 100 pushups in 1 shot what time do you do the 100 in?

I believe that no one here has yet gotten to that level yet.. Maybe we had a few guys in the 80s..? but yeah, maybe I am missing some of that.  Personally my best is 69 so far on April 30, and they were a bit fast in 57 seconds..

Lately I have been doing my pushups quite a bit slower, but even when I shoot for quantity, I am usually not even able to get more than 55 pushups in any one set.. .which the last time I did 55 pushups I did them in 46 seconds on May 27th.

Another thing is that I am not sure if too many guys are timing their pushup sets.  I am up to 118 days, yet I did not start to time my pushups until day 51 after there had been several times of discussing slow versus fast pushups and so for myself I thought that it might become helpful to keep track of pushup speed.



100k,JayJuanGee,118,23600,2024-06-1
107  Economy / Speculation / Re: Buy the DIP, and HODL! on: June 02, 2024, 02:43:12 AM
[edited out]
As long as you keep trying to prove that diversifying our investment in gold or silver is good, I disagree with you. Yes, bitcoin is a long-term investment. Before we can make a good profit from our bitcoin investment, we have to hold it for a long time, such as 5 years. But you fail to understand that since we have accumulated the quantity of bitcoin we intend to accumulate, it is not good for us to diversify our investments into another long-term investment, which should take the same number of years as bitcoin to give us a return. We should diversify our investments in something different from bitcoin so that we can use the money from the investment to solve our living expenses, and it will make us not to depend on our investment to survive or sell it in a hurry to solve unexpected problems.

Maybe it could be a good idea to describe why a bitcoin accumulator might start feel more and more needs to diversify as his bitcoin investment grows.

Let's just start with the accumulator who does not have any other investments.  So the only investments/savings that he has is bitcoin and cash (or cash equivalents).. so yeah, in the beginning that cash and cash equivalents are used to bolster his emergency fund, reserves and float, yet as his bitcoin stash size continues to grow, he might start to feel especially lopsided in terms of his bitcoin accumulation.

Let's take an example of a person who might be a bit more aggressive than usual, and he is aiming to invest/save into bitcoin around 15% of his annual salary/expenses.  So it is still going to take such a person around 6.6 years just to reach 1 years worth of his salary invested into the accumulation of bitcoin.  I am not sure that we need to describe exact numbers, but sometimes exact numbers  can be helpful in order to provide more concrete examples... Yet if we consider that any kind of newer investor into bitcoin might spend 1-2 years getting used to the practice of investing into  bitcoin and getting used to making sure that he has an emergency fund, reserves and float.

Once he has his cash management and his various reserves in a decent position of management, then he might start to consider that once he gets up to a year or two of bitcoin value in terms of value, then he might realize that all of his various cash reserves still might ONLY add up to around 6 months or so of his income, but he also might consider that he does not really need to keep more than 6 months of cash around, yet if his bitcoin investment is 50% or 75% or more of his total investment portfolio that at that time ONLY constitutes cash and bitcoin, then he starts to think that he has to figure out ways to earn o his cash rather than realizing that the cash is not really working for him.. so in that sense he may well justify diversify into some of other kinds of assets rather than keeping his value in ONLY bitcoin and cash.. so usually the other kinds of assets might be some what particularized to the guy and maybe he ONLY adds one thing at a time, which could be stocks, properties, bonds, commodities and cash equivalents (and I don't think shitcoins are necessary, but if someone cannot resist getting into shitcoins to keep that less than 10% of the size of his bitcoin holdings).

And as far as gold and silver, sure there could be some role for those in a guy's holdings, but there surely are no needs to emphasize them as being particular more important than other places that money could be put.. especially since bitcoin is largely serving similar roles as either of them, but int the ball park of at least 1,000x better than each of them, too.. so becomes a bit difficult to justify wasting too much efforts giving any kind of priority or special emphasis to either of those two.

Many members are suggesting that there is no need to diversify outside of bitcoin because bitcoin gives the greatest profits, and even though that may end up being true, I doubt that the mere idea of greater profits or greater profit potentiality is the reason that some of us might merely just keep our value in bitcoin can cash and ONLY start to diversify into other assets much later down the road..   And, instead of labelling it and calling it profits, perhaps it would be better to label and/or call it sound money and/or no real need to justify investing in inferior products... but yeah, that could just be a bit of a semantical argument in terms of the term "profits" sounding like a wrong way of describing why bitcoin is the best and/or most prestine of assets currently available to anyone and/or everyone.
108  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: May 31, 2024, 07:36:32 AM
Why is there so much noise here? i don't understand.
Me neither.  I'm hoping JJG can shed some light on exactly what the hell is going on here.

I am going to suggest that we might have a "failure to communicate" going on.

https://au.news.yahoo.com/computer-scientist-lied-extensively-bitcoin-134449787.html
According to this article published by Yahoo News, Dr. Wright intends to appeal the court ruling.
Maybe I am being a bit overly picky about the use of "Dr" or any need to agree to describing such status, even if some of the articles and even the judge had chosen to use such a title when describing CSW in ruling against him.  Sometimes courts will go out of their way to make sure that they do not appear bias, which might partly explain the court's use of the Dr title for CSW.
i am from an Arabic origin. In Arab culture, we use some qualities that seem highly appreciated, in order to belittle a person and perhaps despise him as well. It does not mean, for example, that we might say to someone, “How smart you are,” when the meaning is to mock his stupidity. I mean, I used the adjective “doctor” as a sarcasm and not because he really deserves that adjective. I hope the idea is clear now
I wonder what the legal cassation arguments will be to invalidate the ruling after all the detailed evidence presented by the court. I also do not think that the defense team or the court overlooked or forgot any of the details. I do not understand why some people insist on clinging to allegations that have been proven false beyond a reasonable doubt.
Beyond a reasonable doubt is a criminal standard, and so far, these have not been criminal proceedings, so the standard is not as high.. The standard in this Craig Wright (CSW) would be clear and convincing or preponderance of the evidence or some variation that is not quite as high as the criminal standard.
I can understand this to some extent. But I cannot ignore that this fallacy that Dr. Wright worked to market for years has made him a global figure, and even trusted in many circles. These allegations made him one of the richest people in crypto, and there are still those who are willing to risk their savings because they believe these allegations. It is true that everything Dr. Wright did may not rise to the level of a perfect crime, but its consequences were disastrous for many people as well. There is a moral responsibility in any case.

I stick by my original statement.  Even if you might use the term Dr. as a putdown, your use of doctor to me (and probably to many others) still comes off as if you are giving CSW too much deference.. Fuck that CSW supposed Dr. twat, and stop referring to him as a Doctor, unless you make it abundantly and unambiguously clear that you are mocking him and not deferring to him..

Maybe put the doctor in quotes or say "alleged doctor" Wright.. or some other way of making it more than clear that you are not really suggesting that he is worthy of such a doctor title.

but yeah, whatever.. in the end.. do what you like, but if you refer to him as Doctor, I doubt anyone is going to believe that you are mocking him unless you make it clear that is what you are doing.
109  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 31, 2024, 07:02:14 AM
Diversifying one's investments is indeed an amazing strategy but just as you've rightly stated, filling one's bag with shitcoins isn't the best way to diversify, whoever tells you it is, is simply lying to you or is naive.
There are real life assets that also have long-term potentials just like bitcoin and you can consider those other options to diversify. Gold is an amazing option, it's been in the market, even long before bitcoin came into existence, and you can also consider it for its long-term potentials too just like bitcoin.
In China today, Silver is also a hot cake and quite a viable option for investment diversification.

There are so many of them to be considered.

Fuck gold and silver and the idea diversifying.

Figure out your bitcoin plan first, and then maybe if you have accumulated a decent amount of bitcoin, then maybe at some point it might become justifiable to diversify, but talking about diversification into gold and/or silver makes it sound like you are pumping inferior products and trying to compare them to bitcoin when bitcoin is likely in the ballpark of 1000x better then each of them...so no need to discuss any particulars of them or to pump them, especially here in this thread when we are talking about bitcoin.

Investing a decent amount is also another way to say invest with an amount you can afford to lose. Even if one is responsible or irresponsible, he/she should know that it's very important to invest with an amount that they can always afford to risk. Everyone has an amount that they can afford to lose, but most people don't know.
I don't know if I'm getting you right but why do i feel that  your perception on Bitcoin investment is for trading because when you advised him to use the only money he can afford to lose, perhaps indirectly you are saying that there is a higher chance for him to lose his money Bitcoin or in other words referring to gambling investment, however in as much as nothing is guaranteed when it comes to investment but with Bitcoin success is certain if you are ready to hold, so actually the risk you are talking about should be actually dependent on the kind of investment you are talking about because if your pattern is for a long term holding I wouldn't use the word risk because it seems that you don't really understand or know the potential of Bitcoin you are investing on.
Any money you invest into bitcoin should come from disposable income.. so by definition it is extra money and/or money that you can afford to lose.

Your bitcoin investment could go to zero, so any money you invest could be lost 100%, and you should be prepared for that possibility with any money you invest into bitcoin.
Of course, every investor should make a decision to invest in Bitcoin based on holistic considerations. Overall consideration here is the possibility of high profit or investment loss. Consideration of disposable income as capital and the expectation of potential profit associated with it certainly helps to consolidate the consistency of each buying. Future determination of hard-earned income and the decision to hoard Bitcoin is definitely going to be positive as the system has often cheated one following the historical footsteps of the local currency investment journey.
An investment decision with potential returns like Bitcoin and its past price history is certainly a beacon of hope for small investors like us. Although you always say it can be high and it can also go to zero. Your whereabouts must be reasonable because none of us are sure where its value will go. But I think behind the negative attitude we must keep the positive influence which can encourage us to accumulate more Bitcoins. Long-term trends in holding and holding during bullish and overbought each dips.

Your whole post is a bit weird and unclear laijsica, yet it may be worth clarifying that one of the reasons that any of us might consider the possibility that bitcoin could go to zero or to have some kind of a negative rather than a positive performance outcome is so that we temper our investment amount in order to account for those kinds of considerations.

Sure the most aggressive of bitcoin investors might shoot to come closed to investing 100% of their disposable income into bitcoin, and surely there is value in being aggressive, yet at the same time, if they are investing close to 100% of their disposable income into bitcoin for long periods of time, they are likely going to be putting unnecessary and undue stress upon their finances and their psychology, especially since bitcoin is an asymmetric bet to the upside in which investors can lose up to 100% of what they put in, but there are also various great upside scenarios, so even relatively whimpy investors might well end up finding themselves to have had profited quite fantastically from their having had decided to p;ut some level of their disposable income into bitcoin (even if it was a relatively whimpy amount in the 1% to 5% territories.

None of us can decide the balance level for the investment levels of anyone else, so there can be ways to take a reasonably balanced or a somewhat aggressively leaning investment approach to bitcoin, and still maintaining a fair amount of balance and/or enjoyment in life because there is some value to spending some money while you are young rather than completely deferring gratification and neglecting your own psychological and/or social well-being that might sometimes be better off by spending some money while you live rather than completely deferring gratification based on choosing to invest on the high side of aggressiveness into bitcoin.

Unfortunately, at this time we no longer have the opportunity to buy Bitcoin at a cheap price, currently the price of Bitcoin has risen too high. But we can still buy Bitcoin, it doesn't have to be one Bitcoin. At a minimum we can buy Bitcoin with an amount of $100.

Yeah of course you can buy any amount of bitcoin that you are able to buy, and so you are correct that some of the current BTC prices are higher than earlier BTC prices, but so what?  Today's prices are still likely going to seem cheap compared to some future prices, so your statement of no longer being able buy BTC at "cheap prices" comes off as somewhat retarded, since it is relative to when and also if someone is brand new to bitcoin, they don't have any choice.  They cannot go back to some earlier date or even go back to last October 2023 and buy BTC below $30k....

Like you suggest, it is quite likely that BTC prices will never go below $30k and we might ONLY be coming to realize that now, but if we did not buy bitcoin back then, we have to decide from today in regards to what we are going to do, and even presuming that BTC prices are going to ever drop below $65k again might be too much of a presumption, especially for a low coiner or even more so for a no coiner.  The only way a no coiner prepares himself for up is by buying bitcoin, and he may as well buy some now rather than waiting for some lower price that might not happen, so as far as the newbie no coiner is concerned, these may well be "cheap" prices, especially since he has no real way to know (except by guessing) that the BTC price might go down from here, but then again, it might not.

So the point about BTC prices are no longer cheap is misleading.. but maybe even irrelevant and even worse could actually be wrong.. since BTC prices may well be as cheap as they are going to get for someone newly coming to BTC right now.

[edited out]
You are correct at Proty; not everyone is holding bitcoin for profit; some people are holding bitcoin because of its self-custodial nature, which makes it powerful. Bitcoin was developed so that people would have 100% control over their money, and no government would tell you how to use your money or decide when you make transactions; they would not spy on you to know how much you are worth, and they would not scrutinize your transactions. With bitcoin, no government financial policy will affect you if you are holding your money in bitcoin.

You seem to be overly stating the case Mayor of ogba.. You might not be incorrect, but many folks still need to take some safeguards to preserve their autonomy and privacy with bitcoin, and many folks acquire their bitcoin through KYC avenues, so they might have wallets that they segregate with KYC coins and other wallets that they keep as non-KYC coins, but even those kinds of measures are not easy for anyone to actually consistently employ.. so there are tools still being developed, but such tools still may well need to be learned and widespread, and even some of the ways of interacting directly with other bitcoiners can be stifled in a variety of ways.... with different situations in some countries as compared with other countries.  El Salvador is different from China as from the USA as from England as from Russia as from South Africa (or maybe Nigeria would be a better example) as compared with UAE as compared to Japan as compared with the Phillipines as compared to India as compared with Brazil as compared with Argentina as compared with Mexico or Canada, and I am not even going to claim to know all (or any) of the different options, restrictions or the distinctions available in each of the locations.
110  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: May 31, 2024, 06:04:57 AM
Right now my only plan is to keep on buying or investing, I am looking to buy more alt-coin that I think is cheap right now to expand or make my portfolio bigger.
I would wait for the next bull run, and decide what would I do with my profit and capital when it comes.
Right now I am also putting my savings in crypto so that it wouldn't just sit on my bank account, and it could also ride the next bull run.

Fuck shitcoins and crypto.

You sound distracted, and maybe you don't even know what bitcoin is?

For most, people who are struggling to figure out whether or when to get into bitcoin, it is better to figure out your plan with bitcoin first, and put you bitcoin plan into place, and try to figure out a way to plan to invest 4-10 years or longer, so maybe start with a relatively low amount such as $100 per week or even $10 per week, while you are sorting out your discretionary income, since investment into bitcoin needs to come from your discretionary income including making sure that you have systems in place so that you are sure that you are not going to need to tap into your bitcoin investment for 4-10 years or longer or whatever might be your investment timeline. 

So it could take a bit of time, just to sort out your investing into bitcoin, and if after you have figured out some kind of an accumulation plan in regards to bitcoin, and you still happen to be distracted by shitcoins and gambling, then if you could at least limit your investment of time, money and energies into shitcoins to be no more than 10% of the size of your bitcoin investment (without cheating), then at least you might be on a better and more focused track to help you to attempt to stay focused on where the value is at, which is bitcoin not shitcoins.
111  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: May 31, 2024, 05:29:07 AM
I know I know before JJG comments  Tongue
Yes.  From my perspective, I am inferring that you  must not want to be included in the table.. That's your choice.
epiplaphobia?

That is a fairly reasonable point.**

- even though I had not even thought about the matter from that angle, and even though surely that point was contained within my framing of the matter.

**Note: I had to look up that word to make sure I did happen to have had properly understood the question.

I realized by myself how important physical fitness is for a person. I have realized since long time that my body weight is increasing day by day I was not so conscious about fitness. But due to my weight increasing day by day I felt restless and various problems were arising so I joined a gym near my house. I have been joining the gym for three months now and I never thought I could change my physical fitness so quickly. But all my food has to follow above the gym food list. But I now understand how important a person's physical fitness is, every person should look after their own physical fitness. Especially we should avoid taking any healthy food such as fast food, sweets, etc. All these foods add a lot of weight to our body. So we must change the food menu and focus on our physical fitness.
In as much as exercise is essential to the body food is also much essential to the body also, the body system really needs food expecially proteinous food because what we are doing here (exercise) is not an easy one so telling us to avoid talking healthy food is wrong.

There are essential proteins and there are essential fats. There is no such thing as essential carbohydrates...

I am not sure why you are talking about "especially proteins" when there are fats that are essential, too.

So many times people like to ignore fats and/or to downplay them or to even think of them as bad or second class citizens.. since many of us are brained-washed by mainstream framing of these matters.. and therefore we only emphasize proteins and end up giving improper emphasis to at least two out of the three macro nutrients.. too much emphasis to protein and too little emphasis to the importance of fats.

I having being doing push up without taking record for years now but cause of this thread I started keeping record from Last week Friday and below is my record though am yet to finish today's own.
100k,Sotelorene,6,1200,2024-05-29
I wish not to miss recording again.
Wow!!!

Starting out pretty BIG for a newbie.. and supposedly an "already in-shape pusher up."

Thanks boss. Just like i said earlier i use to do it before but wasn't taking record so it's like part of me i don't feel pains just that am always hungry whenever I am done with the push-up but those small sickness i use to experience before I don't feel or see them again that's one of the advantage.

Maybe you would like to share some of your pushup history, and how you got to be able to do 200 pushups per day on average, including how you are doing them currently in recent times as compared to how you had been doing them historically, and perhaps let us know more details in regards to how long you had been doing pushups in your routine and how you had been doing them in order to get up to a status of being able to do 200 pushups per day (on average).

[edited out]
Yeah quality food = costly

I think I starting working out again around Dec 2020.

But all light movement.

23 minutes on a stationary cycle  3 times a day after each meal. plus exercise bands while I cycled

https://www.amazon.com/gp/product/B088DZWSF6/ref=ppx_yo_dt_b_asin_title_o00_s00?
Just attach to the cycle bars .

I had got down to 185 pounds and was on good shape. I then did the hernia operation and stopped exercising for a long time. I gained almost 30 pounds. 215 or so. I am back to 195 and getting in shape. The stair climbing and light cycle work is a bit better than the  just lite cycle work.

I really like that this thread came along. I took a long break for my next surgery and am now getting back to it.

I think that partly you are making the point in regards to what I had been trying to say earlier, in that there is some benefits to push beyond just cardio training (and even light exercise) and try to push some of your various exercises into resistance training rather than cardio.

One of the problems with overly emphasizing cardio is that if you do the cardio first, then you don't have any energy left to do the resistance training... so frequently it will be better to either start out with resistance training or to control the amount of cardio or warm up that you do prior to fitting in your resistance training so that you can make sure to get in resistance training on a fairly regular basis. .because even though the resistance training hurts, it is what you old foggies need (and yeah, I will include my self in your old-foggie group since I am not really that far behind you, you old fart).



100k,JayJuanGee,116,23205,2024-05-30

Today was nice, since I am back caught up again in regards to my targeted average of pushups per day. .. so yeah, if any of us might miss some sets during a day or two or even longer, and the it can take a quite a bit of time and stress and focus to catch back up.. that is if it is even important to catchup.. and yeah the same question continues to linger about whether maybe having a lower average pushups per day target might be more healthy and sustainable.. .
112  Economy / Speculation / Re: Road to 100k? on: May 31, 2024, 04:37:48 AM
[edited out]
The common lines would be;

- Why i had sold too early?
- Why i hadn't bag or making some all in on that bottom?
- Why i hadn't been able to sell on peak?

These questions would really be that commonly be spit out into your mouth or would be something that comes into your mind. Why? This market is really that speculative
on which there's no way that we could really be able to predict on where it would be going. This is something that should be applied in overall or generally here on crypto space
or in any other market on which there's no way on knowing on what would be the future will be.

This is why on the moment that you do step your foot into this market then you should really be that preparing yourself on dealing with the market volatility because if you wont then mistakes
would really be keeping on piling up. You should really be wise and be going with the flow. Dont tend to counter trend but if you are someone whose really that tending to hold
for long term then you wont really be needing to hassle yourself on these things.

What you said in your post dunfida sounds pretty smart, except I am not exactly what you are talking about.

- especially, what is crypto?  Is crypto somehow related to bitcoin?

If  you were meaning to talk about bitcoin which is the topic of this section of the forum and also this thread, then why did you not use the word bitcoin in any one place in your whole post?  Do you know what is bitcoin?

Were you trying to sound smart by using that vague word (crypto) that is also potentially misleading?  Is there some kind of place that I could invest into "Crypto" that will lead to me hoping that "crypto" reaches $100k?
113  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: May 30, 2024, 07:41:42 PM
I having being doing push up without taking record for years now but cause of this thread I started keeping record from Last week Friday and below is my record though am yet to finish today's own.
100k,Sotelorene,6,1200,2024-05-29
I wish not to miss recording again.

Wow!!!

Starting out pretty BIG for a newbie.. and supposedly an "already in-shape pusher."

[edited out]
Also people are different. I have type 2 diabetes so all simple carbs basically suck for me to eat.
I have good cholesterol so fats are a zero issue.

keto style diet is good for me but could suck for JJG.

You probably are not completely wrong on this matter, yet it can be a bit problematic to go too far down the road to dietary relativism, and to proclaim that everyone can do what they like in terms of figuring out their own proper balance.

Sure some folks can tolerate bad foods more than others including having good genetics or even having an ancestral history in which they might have had more of a certain kind of food in their diet, but dietary relativism can ONLY go so far in terms of our accepting some of the bad, wrong and/or incorrect/misleading information regarding some kinds of foods and some kinds of food-like products that we probably either should not be eating or ONLY eating in small moderation or in some kind of an emergency situation.. maybe going back to the butter versus margarine example.  People probably should not be eating margarine... but food companies are still allowed to make such inferior products and to market them as if they were almost the same as butter.. and there are quite a few other examples like that, and surely I am not quite sure about the solution to these kinds of food quality (or food substitute) matters, even if we consider various GMOs or aspartame as a sugar substitute, the irradiation of food without our knowledge, or even the creation of artificial meats that are sludge and/or various combination of meat and meat substitutes and frequently misleading, various ways of putting corn and/or soy products into foods in misleading ways... and part of the reason that I have concerns about overly intervening is that I become somewhat worried to have too much BIG Daddy government into some of these matter, yet at the same time, part of the problem might have had come from BIG daddy government's allowing and sometimes even promoting some of the substitution of real foods for processed foods that are clearly inferior if we really were to allow the looking into the matters.

There is a new diet science where they take your dna and design a diet around it.

Could be helpful depending on how some of this is used.

Mostly for people moderation in food works.

Everything in moderation is a problematic philosophy when it comes to some of the dietary matters.  There are problems with the vegan and vegetarian  mindsets and/or framing of matters, and surely the vegan route is even more problematic than the vegetarian one.. even though surely there may well be some decent ideology motivations behind both ideas, even when they likely are problematic for actual personal health..   though surely some folks can tolerate variations of vegan and vegetarian diets more than others.. .. and maybe something like a mostly whole foods vegetarian diet that still includes eggs and some fish or something like that might still end up with all of the nutrients in the diet without the need for various kinds of supplements to make up for deficiencies that would come if purely following a vegetarian diet..

We can probably ONLY go so far in terms of arguing these kinds of points, and probably getting way beyond the topic of this thread. .even though surely  to the extent that we are doing pushups for personal health reasons, many of us (including yours truly do end up putting diet and sleep) as being slightly higher than exercise.. and really exercise can really vary with folks, and some of them have chimed into this thread with a kind of anti-pushup way of framing matters, but still may accept a premise that some kind of physically active lifestyle would be preferred over a physically inactive lifestyle, so we still might get some acceptance of the role of exercise/activities but not necessarily having agreement about pushups, resistance training or other kinds of specifically exercise driven activities to be necessary to purposefully do so long as there is a decent amount of other ways of staying physically active... which surely might have some truth to it.

[edited out]
First, how do you know "a lot of guys are faking their pushups?"

Second, how do you define "a lot".. 

Fifth, getting back to the faker idea, [edited out]
I appreciate you for taking your time to spot out my errors,your corrections are much valued  and appreciated.

You quoted me (but failed to show from where it came - which I corrected above), but you did not respond to any of my points beyond saying that you appreciate them..   

In some kind of a way isn't your lack of a substantive response a wee bit ridiculous?  especially since you stated that you appreciate that I took my time to point out some matters, but you still did not say anything of substance in your response.

I know I know before JJG comments  Tongue

Yes.  From my perspective, I am inferring that you must not want to be included in the table.. That's your choice.

There is no alternative to exercise to keep your body healthy, so I am definitely trying to work on myself. I used to do all the exercises I could at home including push ups, but recently I joined the gym to keep my body more fit. Every day I spend two hours in the gym and my trainer has made me a certain routine and I try to stick to it. How much I run and how many push-ups I do in 2 hours is recorded in the routine. My gym trainer is also very conscious about food and he has been very strict with me that he won't train me under him if I don't follow his chart. 

I hope that I will be able to follow the rules and maintain my body by exercising according to the rules and regulations that he told me to exercise.

Interesting.  I wonder if your trainer's nutritional chart is retarded or not?  It is funny that some guys might want to consider that there might be some expertise behind certain kinds of charts, especially from someone like a personal trainer..  but you would think that personal trainers should know what they are talking about... at least in theory.  It's up to you if you want to share such nutritional charts so maybe some of us (including yours truly) may want to consider what we might think about such nutritional chart.  So part of my point is that merely because a personal trainer says it, that would not necessarily mean that it is free from either bad or misleading information.



By the way.. I noticed that the current status of the poll to this thread is that 73 members had expressed some level of interest in doing pushups, and so I wonder the extent to which aspiring to get 100 or more members to participate in the submission of formal reports (in order to get their names in the table) is very realistic.. .. at least in the short-term.. unless maybe there might be some guys who want to attempt to lobby to get more pusher participants.. and surely, I am not very much interested in actual lobbying, since my own thoughts are that forum members who are interested in such topic will have some ability to gravitate towards this thread, and sooner or later we are likely going to end up having more than 100 forum members in the pushup thread.. ..

Another competing theory is Dunbar's number.. so theoretically, there might be some "natural" limits in terms of how many members feel comfortable joining into an already pre-existing group as the group gets BIGGER (I am kind of kidding about Dunbar's number, but does not hurt to throw out various possible and potential theories).
114  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: May 29, 2024, 11:10:16 PM
[edited out]
Pro Fat for me.
Protein,Fat,and low carb with fiber. Works for me.

So :
Turkey
Chicken
Beef
Bison
Pork
Lamb all good.

I like fish but so much fucking mercury contamination.

I eat Tuna 1 time a week
I eat Salmon 1 time a week.
Occasionally lobster crab clams octopus

Octopus is really fucking good if made well.

Escargot with butter and garlic is nice.

Yeah.. I was going to mention the mercury issue.. and so sometimes smaller fish can be good, such as sardines.. .. but yeah mercury could be an issue and I am not sure how much selenium's ability to off-0set the mercury absorption might be a possible solution that allows for some additional eating of some kinds of predatory fish..

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10768523/#:~:text=In%20Latin%20America%2C%20some%20dietary,of%20selenium%2Drich%20foods%207..

I feel like I'm sort of coasting through the days with this challenge lately.  It's become routine.  Makes me wonder if I should start adding days where I do 200 once per week or something like that to keep things spicy.  I have noticed that my muscles being much stronger has enabled me to really focus on doing my push-ups more slowly and with better form.  I think that really engages more muscle groups.  I'm excited to think that I'll get more than 30,000 push-ups in this year.  Makes me wonder what the most push-ups in a year I've done before this.

100k,OgNasty,118,11900,2024-05-29

Yeah.. your wanting to get to 100 pushups in a session might require you to figure out some ways to work up to that.. .. I had several sessions that I was able to do 56 to 69 pushups.. but in recent times I am kind of maxing out at 55 during the sessions that I might want to push quantity.. and yeah for sure my slower pushups are much better quality.. so I am not exactly disappointed if I am kind of getting stuck in a range because when I really concentrate on slowness of the pushups, I tend to end up between 30 and 40 pushups and those are usually between 1.5 to 2 second per pushup.. I am thinking that I have not had too many sets that have 2 second pushups.. .. but the ones that I do fast for my quantity over quality sets end up being around 0.8 seconds or so at best.. so they rarely would even be close to 1 second per pushup for those faster high rep sets.

What JJG was actually saying is that most of this health professionals or expert are human beings too they may not know all of this as long as life is concerned learning never end those professionals are at one point or another learning different things everyday not that what those expert told you about those nutritional foods are bad but they should try and be specific in some point.
One thing you should always know that those health professionals you mentioned are also humans like you and I yes they maybe right at some point but it's not everything we should believe.

I don't think that I am saying that.

I am not accusing folks of purposefully lying or misleading, but sometimes they are relying on bad sources, that end up lying and/or misleading.. so some of the information they give might be correct, but some of it is really leading folks in the wrong direction in regards to how they think about nutrients.

Maybe I could give an example of margarine versus butter.. Does anyone really believe that margarine is healthy?  Yes they do, and we are lied to about it, and the reason is because people have been lied to for years and years about saturated fat being bad for you, so substitutes were created that our body cannot process (create inflammation and other issues and some of them cannot be absorbed by the body), and a decent number of people continue to believe that margarine is good for you, when it is not.. and there are a bunch of similar examples that I could go into, so even if some people might not be purposefully lying or giving bad information, sometimes there lack of critical thinking or even their lack of looking into matters that they are told will result in them perpetuating the same misinformation, even if they might be innocent in terms of their not having bad intentions and wanting to provide "healthy" suggestions/information.

Look at this:  https://health.clevelandclinic.org/margarine-or-butter-the-heart-healthiest-spreads-infographic#:~:text=Margarine%20may%20contain%20trans%20fat,fats%20and%20should%20be%20avoided.
115  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 29, 2024, 10:56:31 PM
Investing a decent amount is also another way to say invest with an amount you can afford to lose. Even if one is responsible or irresponsible, he/she should know that it's very important to invest with an amount that they can always afford to risk. Everyone has an amount that they can afford to lose, but most people don't know.
I don't know if I'm getting you right but why do i feel that  your perception on Bitcoin investment is for trading because when you advised him to use the only money he can afford to lose, perhaps indirectly you are saying that there is a higher chance for him to lose his money Bitcoin or in other words referring to gambling investment, however in as much as nothing is guaranteed when it comes to investment but with Bitcoin success is certain if you are ready to hold, so actually the risk you are talking about should be actually dependent on the kind of investment you are talking about because if your pattern is for a long term holding I wouldn't use the word risk because it seems that you don't really understand or know the potential of Bitcoin you are investing on.

Any money you invest into bitcoin should come from disposable income.. so by definition it is extra money and/or money that you can afford to lose.

Your bitcoin investment could go to zero, so any money you invest could be lost 100%, and you should be prepared for that possibility with any money you invest into bitcoin.

That is not about gambling or trading.. and including if you are investing into bitcoin 4-10 years or longer, you also would not be expecting to need any of your money that you invest into bitcoin in the short term, and you are also not guaranteed to get your money back in the long term either, but surely if you are invested into bitcoin 4-10 years or longer, you will likely see the extent to which the value of your investment into bitcoin ends up going up, down or sideways, and you would be able to make further plans based on how your bitcoin value is performing as you might continue to invest into it or maybe you go into some other status, such as merely maintaining it or liquidating it... but those would be down the road considerations, a tend the value is not guaranteed to be positive or beyond zero, but surely we already likely realize that there are various scenarios that are also possible that bitcoin prices (value) could be multiples and/or magnitudes higher than it is now, even 1,000s of times, but none of that is guaranteed, but instead there are various possible scenarios that are still to be seen in terms of how they might end up playing out in the actual future versus our speculation about how the future might end up being.
116  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: May 29, 2024, 10:47:42 PM
The best thing to use is that before should accumulate Bitcoin he or she must have some cash that will serve as emergency funds while they accumulate , like instance being paid $100 and $50 can serve as emergency funds. He or she can use $30 as his weekly purchase fir Bitcoin accumulation, while he hold the remaining amount as reserve funds.

I think that you understand that it is not necessary to establish an emergency fund prior to getting started with bitcoin... but yeah, the more disorganized a person and the worse situation of his finances, then he might need to be careful regarding how much he puts into bitcoin without making sure that his finances are not in order so that he does not have to sell any bitcoin at a time that is not completely of his own choosing, so any guy with bad finances might have to balance how much he is putting into bitcoin, yet there may well not be any reason NOT to get started, even with $10 invested in bitcoin, but yeah, if a guy has absolutely no disposable income, then he is not in a position to invest into bitcoin, so there is a need to have disposable income prior to investing, and sometimes there could be some struggles in terms of figuring out the extent to which a guy has disposable income and then at the same time, if there is building of an emergency fund, reserves and./or float at the same time that there is investing in bitcoin, the bitcoin investment may well have to stay pretty small while these basis financial matters are getting put into some kind of an order that actually establishes that disposable income is being used rather than money that is going to be needed for short or medium term expenses.
117  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: May 29, 2024, 10:35:04 PM
At jjg a pushup is an 8 inch weight lift up and down .

I  did 276 lifts of weight up and 276 lifts of weight lowered  about 8 inches each time. It has a similarity to a pushup in that short controlled 8 inch lift up and down. It took me around nine minutes. If I did it slower say 15 I likely could do more steps say 300 and less cardio gets involved as my heartbeat won't raise and lower.

With the hernia surgery  I feel too much pull at the mesh to consider push ups as a safe option.

The extent to which stairs is comparable is still questionable.. Sure you can say that it is all that you like, but I am having trouble with that.. .

I would consider lunges to be somewhat comparable, even though they are working a different body part.

so yeah.. I am not any kind of an authority, but surely I have my opinion, and I was largely reacting to your proclaimed desire to do cardio, and it is not just you who have some of the perceptions that cardio is preferable to resistance training or whatever it might have had been that you were proclaiming when you said that you were wanting to emphasize cardio.. and as I already mentioned, surely pushups do not tend to be cardio, even though there can be ways to try to make them more cardio than their more natural tendency to be resistance training.

Also, I already recall your concerns about your hernia and your mesh, so I am not suggesting that you do anything that would potentially put yourself into jeopardy in that direction, and you surely would be the better (if not the best) judge of those kinds of potential boundaries that might exist.

[edited out]
Thank you so much for all your corrections but those things I wrote down was a list given to me by a health professional who studied in the university in other to get health knowledge,

I still stand by my assertions and my other comments, and I even acknowledge that it may well be likely that some doctor might have had given you such nonsense that still deserve the same criticisms that I gave them whether those recommendations come from you or from some lamestream doctor spouting out fat-fobic balony that fails/refuses to acknowledge that natural foods and fats are actually good for us... and fails/refuses to get into any discussions about the various artificial fats that have been introduced and perpetuated.. and sure maybe that doc would agree with some of my criticisms, but it is not like he can do much about the difficulties that exist in most places around the world involving inabilities to get raw dairy.. why does he fail/refuse to recommend beef and/or pork and/or other kinds of fatty meats including that he wants you to remove the skin from chicken and similar bullshit to emphasize a low fat perspective in regards to turkey..

and I also did some research to be very sure about the list he gave me and low and behold it was correct so I don't know were you are getting your information from, unless you are a health professional I will advise you stop criticizing some of the foods in the list.

I stand by my comments.. for the reasons that I already stated.  Fuck your list, and your supposed lame research to spread baloney.

I just called my friend who also studied nutrition and I showed him the list and he approved it also, so it will be best you give tell us your source that told you some of those food listed are not good for the purpose I mentioned.

I am not going to go into detailed sources beyond what I already stated, so you can figure out some of these matters rather than spouting out nonsense..   but you can look at

Weston Price foundation for some general ideas of eating natural foods: https://www.westonaprice.org/#gsc.tab=0

You can look at studies that question the ideas that saturated fats being bad for you.

https://www.healthline.com/nutrition/5-studies-on-saturated-fat#TOC_TITLE_HDR_3


You can look at these articles too in regards to the lies of the saturated fats idea and some of the effects of the studies of Ancel Keys, which were also lies that still persist into mainstream thinking and food recommendations to date and some of the medical recommendations also incorporate similar kinds of lies/misinformation.

https://thewire.in/health/saturated-fats-carbs-keys

https://www.mdpi.com/2072-6643/16/10/1447

Maybe at some point I might point out some further support materials.  but the mere fact that you have a supposed friend that agrees with you and there are other sources that you might be able to find on the interwebs that come from supposed health professionals and even suggest that it is healthy to be a vegan, so fucking what.. that some of the various supposed sources that you have say the same things as your nonsense does not make your nonsense correct or authoritative for the reasons that I already stated...

Does that really count? I'm just giving my report and not writing a code here at least you can see the report that's all they is need for me.
Hahahaha. Well I wouldn't know if it counts or not, I made the same mistake while giving my report when I newly joined this push-ups challenge and I was corrected the same way I did you and I only think it's a good thing to follow up with the way others are doing it.

Each of us has to conform our latests pushup reports with the code that DirtyKeyboard has set forth (yes it is kind of like the reading of a code), since DirtyKeyboard's script has to be able to read each of our reports in the proper kind of format and choose the one with each of the user names with the latest date to include in the pushups report table.  If you do not write your report in the correct format, the information from your report will not get picked up by DirtyKeyboard's scripted and placed in the daily pushup's table.  

I would imagine your reason (@Churchillvv) for providing your pushup report was in order that your name and your pushup information would end up getting included in the pushups table, no?.. so in that regard Cityhunter34's correction of your pushup report format to take out a few of the extra spaces will allow for DirtyKeyboard's script to pick up that particular information and include it into the next pushups table that he runs.. so the proper formatted report of each user name with the latest date gets included in the latest daily pushup table update whenever DirtyKeyboard runs his script to create a new daily pushups table.
118  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 29, 2024, 09:16:27 PM
[edited out
Although you are right, we have to remember that the formula is the same in trading and investing. That is, invest and trade with the amount of money you can afford to lose.

You are making misleading statements - including that we are not in a compare and contrast trading/investing thread.

This thread is not about trading, which you should be able to determine that based on the title and the OP in which selling is not part of the way to accumulate more bitcoin for the long term.

Yes... investing in something volatile like bitcoin does involve the concept of using money that you can put away for 4-10 years or longer and also that you do not have any expectation that you are guaranteed to get any or all of it back or that you are going to make profits, even though you are investing because you consider that bitcoin is a good place to put value in that 4-10 years or longer time frame.

In regards to what money or how you think about money that you dedicate to trading and what are the principles for that, who fucking cares?  it is not relevant to this thread... regarding how to trade, why to trade and how to play those kinds of games that may well amount to gambling.. and sure, you should try to make sure that you don't need that money for your living expenses.. but in the end, we are not talking about gambling, selling and/or trading in this thread.

Selling is not even a very good way of thinking about how to accumulate bitcoin.., if the goal might be to figure out ways to accumulate bitcoin, which seems to be the topic of this thread.. What are the various ways to accumulate bitcoin?  selling is not part of the ways that we are discussing.. but we are discussing various ways to buy bitcoin and also the idea of holding bitcoin (perhaps when you run out of money or maybe in other circumstances that you might consider selling prior to having had accumulated an meaningful and significant BTC stash size.

Only when you are able to lose the amount of money will your energy and inclination towards investment work, but you will not be emotional. Many times it is seen that people are afraid of investing, but instead of being afraid of investing, they participate in the investment with the money that they can afford to lose.

I agree with you here.  So if you invest into bitcoin, and you realize that the most that you could lose is 100% of what you invest, then you should be trying to figure out an amount that you are willing to put into bitcoin and still be willing to just let it ride with a realization that you could lose up to 100% of what you put into bitcoin.  Surely you are better off if the BTC price goes up rather than down from the time that you invested into it, but again there is no guarantees which way the BTC price is going to go in the short term or in the long term.

For example, if you can afford to invest $10, you can invest from here if you are not emotional about losing it. Never invest by force but invest as much money as you can afford to throw away, you may make a lot of profit at one time and may also lose.  You should invest only the amount of money that you can afford from your point of view consistently, or else you will force yourself to never invest. However, if you are investing for long term then it must be sustained and once you can get huge profit from it then hold it.

Surely guys can figure out various kinds of timelines or other BTC accumulation goals that they might have in such a way that might cause them to convert from being in BTC accumulation mode to BTC maintenance mode and then maybe further down the line to BTC liquidation mode.. .. even though surely many of us consider that there are likely ways to sustainably withdraw from BTC, so there may well not be circumstances in which any of the longer term investors would need to completely liquidate or cash out from their BTC, absent some specific circumstances such as death or other emergencies like that in which there might not be any plans to pass down wealth to others.

We have to go with where we are at right now.
Agree, we can't go back in time.
he cannot go back to December 2018 and he cannot even go back to December of 2022..
We can't go back even one second. What I was trying to say is that there were times bitcoin goes down and out, there were speculations that Bitcoin going back to some extraordinary values but that never happen. We can't go back to 2018 and 2022 but we can learn from history that what happens to Bitcoin once it goes down to such low.

Ok.  no problem.. BTC prices have a chance to go down, but so what?  how are you going to make your plan to account for such possibility? 

BTC prices also have a chance of never going down below $67k ever again.  Are you prepared for that scenario too?

There are ways to attempt to prepare yourself for either scenario because you do not really know, however, you do know that there have been times in BTC's history that it never goes back down to some price point that it had previously been hovering at. Do you need me to give you examples of that so that you can adequately and/or sufficiently account for those kinds of possibilities, too?

Your emphasis on the down scenarios causes me to speculate that you may well be spending too many energies thinking about such a thing that may or may not end up happening.. ... and even if it does end up happening, if a person has a cashflow then surely he would be able to just continue to DCA, but yeah, if he had invested $5k into bitcoin in the last 22-ish months (going by your registration date), and he continues to buy around $50 per week, then how much value might he be holding back to buy on dips?  Maybe he set orders from $66k down to $40k to buy $50 worth of bitcoin every time the BTC price drops (if it drops) (which adds up to around $1,300 ($50 x 26)... does he need to do more than that?.. how much can he afford to hold back, if any? 

Maybe already having had gotten up to $5k invested over nearly 2 years does not really feel like enough, but he has his own constrictions, and maybe if he feels that he already bought enough BTC in the $60k to $70k price range, he does not want to place any additional orders in that range (besides his knowing that every week he is buying $50 worth of bitcoin and if the BTC price is in the $60k to $70k range, then he buys in that range, so maybe his BTC buy orders start at $60k and they might still go down to $40k-ish, but they end up being $65 each ($1,300/20) rather than the previous considered amount of $50 each.. And at the same time, the guy might consider that going down to $40k has pretty damned low odds, but questioning if he still might feel better to keep his buy orders active.. just in case, even though he believes that the odds remain pretty low that the BTC price is ever going to go down to $40k and he does not even believe the odds are great for the BTC price to go below $55k, but he still considers for his own state of psychology that it is better for him to maintain those BTC buy orders all the way down to $40k... just in case.

He has to take responsibility for his own actions and outcome regarding whether and how to invest and whether to put it into bitcoin or somewhere else.. Is that difficult? If so, how?
Not difficult at all. It's your money and you have to figure out whether to invest it, save it or do some other stuff. You make profit, its yours and vice versa.

In your earlier post, you seemed to have had suggested that there were difficulties involved with figuring out allocations.. Sure, everyone has to figure out his/her particulars, but the skills should be within our grasp to be able to figure out those kinds of matters and even to improve upon our choices with the passage of time and the more that we practice putting our preferences into a series of ongoing actions.

I think that you are still getting at the option of whether a lump sum is even available... so if there is a question whether a lump sum is available, then DCA makes more sense, but if a lump sum is available, then for sure there are more options, but it still might make a certain amount of sense to spread out the lump sum rather than investing right away
I have posted scenarios of Lump Sum and DCA over a long period of time. We can't predict what will happen in future but based on past data there is clear evidence that Lump Sum surpasses DCA if we go for long term like 4 or more years.

Yeah but so what?

Do we have a lump sum available, and if so what are we going to do about it? If we do not have a lump sum available, then we figure out various aspects of our disposable income to figure out how much of our disposable income we want to put into bitcoin and on what kind of a timeline.  I personally like the idea of weekly investing, but yeah, there may be some points during our process of already buying BTC regularly (such as $50 per week), and then all of a sudden we figure out that we have $2k extra that we can invest into bitcoin.. so then at that point we have the option to figure out what are we going to do with that $2k extra? Are we going to buy BTC right away with all of is or some of it?  maybe we might divide it into 3 parts of $666 each so that we can put equal parts into DCA, lump sum and buying on dip.  Otherwise, maybe we decide to ONLY divide into two parts, and lump sum buy right away with $1k and dedicate the other $1k for buying on dips (since we already have a DCA system in place.. but yeah, if we already have a buying on dip system established, then that could affect how much we might want to add to the buying on dip system or to otherwise adjust how we want to actually put our extra $2k into some kind of a practice).

and if we go back to the example of someone who has an extra $3k... then there are so many ways to consider the matter, and it would seem short-sighted to completely ignore the availability of the $3k and to just DCA and buy on dips with it, since that would be presuming that the BTC price is either going to remain flat or to dip, so the more practical way of preparing for all price directions would be to use some of that $3k to buy right away, yet it is still a question of how much to use to prepare for up rather than preparing for down or sideways.. and each person has to live with their own decision, since there is not really any one correct answer, even though some answers (or approaches) seem more logical and reasonable than others... but people can still vary in their reason and also we might not completely know all of the reasons (the 9 individual factors) of another person without really knowing the person.
I do agree that one has to make a start from somewhere and has to make decision on it's own that how much will be good enough in the start.  Just like a thousand miles journey start with a single step, Bitcoin investment journey start with your first investment. After you make your first investment, one gets an idea about how to proceed further i.e. how much to DCA and when it's good time to buy on dips. 

Personally, I don't tend to like the idea of just randomly holding some amount for some random dip that might or might not happen, and I personally like to already dedicate the amounts of the buys for the dip in regards to specific amounts at various intervals all the way down to some bottom amount.. so I personally don't like the idea of "playing it by ear" in regards to any buy on dips that I might consider making. 

Sure from time to time there might be some money that comes in that is not really allocated towards anything, and I suppose that extra money might be considered as a kind of float, since it has not been ear tagged for any particular kind of category of thing, whether investment, consumption or just vaguely cushioning for some uncertainty in cashflows that might exist from time to time.

From my perspective, anyone who just holds some value on the side (just in case there is a dip), and has not really decided at what price points he might be buying is probably a bit lost in terms of his own setting forth parameters for his BTC buys.. like a lost puppy... hahahahahaha.. but yeah.. whatever, you do you.. I understand that there are people who like to play matters by ear, which seems more like a waiting strategy rather than an active strategy, but there could be justifications for the employment of such strategies, including that there is a certain need for a float in the budget, and the amount is largely being held as a float... but yeah, sometimes we also might need some specific examples too.. if we are trying to categorize what funds might be being used for or why they are being kept in the way that they are being kept.
119  Economy / Speculation / Re: Buy Buy Buy or Sell Sell Sell? on: May 29, 2024, 07:03:49 PM
But instead of bank, put this money into bitcoin, because bitcoin will maintain the value has good odds of maintaining value and or increasing in value of the money overtime.

FTFY

Of course, there are no guarantees, and our language should attempt to reflect that both there are no guarantees, but also there are various good and/or positive upside scenarios that make bitcoin a good asymmetric bet in which you could put a certain amount of value into bitcoin with a calculations that there are various scenarios in which your choice to put value into bitcoin performed better than it would have had performed had you put that value in other places.. still not guaranteed, but a good place to figure out how much you will allocate to such an asymmetric bet that also would assure that the most that you could lose is 100% of what you put into bitcoin, so long as you do not use leverage or margin.


If I can remember the amount of stuffs last 10 years is far cheaper compared to this present time, and imagine that you kept $200k in the bank as of then till now, the worth of your $200k will be maybe $50k currently. But an investor who invested such amount in bitcoin would have made up to $1M by now.

 Someone who started to invest in bitcoin around 10 years ago and put $200k -ish into bitcoin would have a variety of scenarios in which s/he might have fucked up quite a bit and still ended up with anywhere between an average of $600 per coin and $2k per coin, so that would be much more than $1 million in value.... such a person who started around 10 years ago and invested $200k (even over the next 2-3 years) could have had pretty decent chances of getting the better average of $600-ish per coin which would be 333 BTC (around $22 million in spot price value) or maybe the worser situation of having around an average of $2k per coin which would be 100 BTC (around $6.7 million in spot price value).. and even if we might use the 200-WMA to value our BTC stash, we would still have between about $3.35 million to $11 million in our valuation of our BTC stash with our having had invested $200k into bitcoin over the past 10 years-ish.

See this example of $385 per week over 10 years starting from May 1, 2014 and ending up with more than 165 BTC.


You see, it saves the value of the cash and the most interesting part is that it does not just become an hedge of inflation alone, bitcoin will see give you a bigger profit because the price of bitcoin increases overtime. This is why those people that don't have bitcoin and want to start investing should do that immediately they have the money to invest using the DCA method buying weekly or monthly regularly, and before you know it, your bitcoin portfolio will reach a reasonable size overtime.

Sure.. not guaranteed.. but it surely seems like a good thing to do and a good place to put some (if not all) of your extra value that you are willing to invest.

[edited out]
Fait is getting inflated everyday and value keep track with higher amount, I won't suggest we keep or save in Bitcoin, it a very volatile asset of which we cannot be too optimistic of increasing value rather we invest a certain amount which we can afford to lose. You can expect someone to save in Bitcoin, the money that would have been used for daily needs and other projects, what about bear seasons or price corrections this cannot be overstressed we all are optimistic yeah but there should be limit, you can only do that when you have more than enough money at your disposable, if that's not the case it cannot be seen as Investment but financial illiteracy.

I was expecting you to outline people invest in Bitcoin because of how valuable it can be and an asset worth also like Gold of which is the best place to make our money work for us.

You sound a bit confused Bravut. Of course, investing in bitcoin comes from disposable income, so there should already be a commitment to invest that money for the long term of 4-10 years or longer and also an expectation that you could lose up to 100% of what you had invested into bitcoin.

Also fuck gold.  . .but yeah whatever, if you want to put some of your money into gold then you can do that.. but sounds pretty dumb when you are seeming to want to suggest it as a good idea.
120  Economy / Speculation / Re: Road to 100k? on: May 29, 2024, 06:34:49 PM
Getting to a point of over-accumulation does tend to result in a lot of options that were not otherwise available during the time that accumulation was still taking place, and a person likely gets from 5 BTC to 6 BTC after a decent amount of hard struggles.. and sure there sometimes could come reassessments that end up allowing conclusions that 5 BTC is enough - and then recognizing that he has 6 BTC..

In regards to your suggestion that the extra BTC could serve as an emergency fund is not completely off point, since whenever anything is extra there are options with it - yet still it does not tend to be good practices to have your emergency fund denominated in something other than your own local currency... which truly having BTC as part of your emergency fund could lead to selling some of them at price points that are not very convenient.

But yeah even having 6 BTC rather than 5 BTC could cause the HODLer to feel comfortable to begin some kind of a sustainable withdrawal strategy - especially since he has extra BTC.  Even with a 6% withdrawal rate, there could be 0.025 to 0.03 BTC withdrawn every month... and it would take quite a while (several years) to deplete the amount down to 5 BTC.
I agree that bitcoin certainly should not be an emergency fund, as you may need to sell it in low prices.

I also see bitcoin as an insurance, in case things don't go well in the global economy or locally here in Brazil.

 In this sense, bitcoin can save me in possible emergencies in the Brazilian economy. but this is different from an emergency fund

You are describing bitcoin in terms of a hedge function, so yeah that is a bit different from an emergency fund, even though each of us still need to consider various kinds of options that we have available to us in terms of where we hold our value and how much disposable income that we might have available to continue to add to our bitcoin investment and any other investments that we might have  - while at the same time we surely have our monthly expenses, and there can be quite a bit of variance both in terms of how much monthly income that we can generate and whether our income and/or our expenses are varying to a large degree,

...and surely the more that our income and expenses vary, then the more likely that we have to keep some of our funds in our local currency in the forum of emergency funds, reserves and/or float.. which may well take away from how much we are either able to keep in bitcoin or to put in bitcoin.. and surely each of us are tempted by wanting to make sure that the extra value that we hold (even in local currencies) is working in some kind of way rather than either not gaining in value or excessively losing value.. and at the same time, we have to be careful not to get too greedy in terms of how much we feel that we need our capital to be working, because sometimes even those various funds that are held as emergency, reserves and float will end up serving their purposes. .including that the larger our bitcoin holdings, then maybe we are not going to want to be dipping into it at times that are not convenient.. but then we have to have money in reserves and float so that we dont have to touch our emergency funds either, unless an actual real emergency takes place.. ..so it would be a shame if we prematurely ended up using our emergency funds and then end up having to dip into our BTC at a time that was not at our own choosing when the actual emergency ended up coming.. so in a better case scenario world, we might well go 20-30 years or longer and never have to even touch our emergency funds because whenever we have shortfalls in cash we spend from our float and/or from our reserves.
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