[...] By the way, I did listen to that podcast between Laura Shin and Saylor in the end of January when it came out ( here's a link if peeps want to listen to the whole 1 hour and a half thingie), and sure Saylor did end up lecturing Laura a bit in regards to some of her seemingly trader rather than HODLer thinking.. so there were some seemingly hostile times during that interview, and maybe it did kind of show that Laura might have been under-appreciating the power and importance of bitcoin through her ongoing attempts at journalistic objectivism. [...] I hadn't listened or watched that interview, thanks for that link. Here's the YouTube video: Why Bitcoin Now: Michael Saylor on the Best Way for Companies to Buy Bitcoin - Ep.209I found Saylor was his usual entertaining self, trying to simplify the various concepts, and making them more digestible for Laura and the Bitcoin newbies in the audience—which is a good thing, and Saylor is pretty good at it. I think he was a bit repetitive at times, reiterating the "thermodynamically sound monetary network" line, and the points about electricity, running water and Venezuela. He did come out as trying to persuade her to a degree. "And, by the way...this", "and, by the way...that"... Laura came out as the happy Bitcoin semi-noob, with a pinch of evilness, when she kept mentioning about "Bitcoin reaching a bubble/peak", "when to sell", and overly laughing at times. She has a pleasant personality, I like her. I didn't get the impression that she has a deeper anti-Bitcoin agenda or anything like that, but rather, that she has the typical reservations and skepticism that anyone trained in the traditional monetary system would have. To her, the crypto space is just a new, hot thing that will increase her exposure and audience, will add more Twitter followers and viewers/listeners to her interviews and podcasts, but I don't think she really fully grasps the gravity and importance of Bitcoin and how it will transform the monetary system in the near future. It's always great to listen and watch Saylor educating the masses about Bitcoin. In retrospect, a careful listener could have even guessed Tesla's $1.5 billion Bitcoin investment announcement that came about 10 days later. I believe this interview will forever haunt Laura Shin, when the time comes when she will see in awe and disbelief that Bitcoin has exceeded $10 trillion market cap, and Apple, Google and most of the big players have bought in. |
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I think that Laura needs to change her journalistic philosophy. She has been covering bitcoin and various shitcoins that she deems as "crypto currencies" for several years, and she has been a pretty BIG name in the bitcoin space.. but she has maintained a journalistic integrity position for quite a while in terms of NOT investing in bitcoin, and sooner or later, she better get some fucking clues about failing/refusing to protect her own lil selfie by continuing to fail/refuse to establish a reasonable stake in bitcoin.... So, I am not trying to be a jerk or anything, but I really believe that she is short changing herself.. and in that regard, she has been becoming more and more knowledgeable about bitcoin, and she even seems to have been becoming more and more knowledgeable over the years in order to unwillingly kind of convert into a bitcoin maximalist.. and yeah, she might not admit it and yeah, she might not frame the matter in a way that I am framing it because wanting to keep the impression of journalistic integrity and neutrality and all that bullshit... but I do feel a bit bad for her in regards to short-changing herself financially. By the way, I did listen to that podcast between Laura Shin and Saylor in the end of January when it came out ( here's a link if peeps want to listen to the whole 1 hour and a half thingie), and sure Saylor did end up lecturing Laura a bit in regards to some of her seemingly trader rather than HODLer thinking.. so there were some seemingly hostile times during that interview, and maybe it did kind of show that Laura might have been under-appreciating the power and importance of bitcoin through her ongoing attempts at journalistic objectivism. Another thing, people might consider me to be a bit crazy in my assertion too that I consider myself to be quite open minded and objective about bitcoin too.. so fuck that kind of thinking that you cannot be sufficiently objective and be invested in something at the same time... but I will admit that over the years I have become more and more convicted about bitcoin, and I am going to deny that I am lacking in objectivity because of the size of my investment.. but whatever, I still kind of understand that perspective regarding having some detachment to see some matters in a different way, but I would also assert that the different way of seeing matters does not necessarily cause the person to be more informed about the world or that particular matter, even if they are seeing the matter from a different (non-invested) perspective. The problem with Laura is that, by the time she becomes "more knowledgeable about Bitcoin", it will be "far too expensive" for her, and she won't buy... Of course, if she considers Bitcoin to be "far too expensive", it means that she still doesn't get it... It's OK though, some day she will get it, as will most current nocoiners. As for being objective while HoDLing, I fully agree with what you've posted. I believe that being a Bitcoin HoDLer does not take away one's ability to criticize it. If anything, as far as I'm concerned at least, I feel that being a Bitcoin HoDLer makes me a harder Bitcoin critic. Maybe it's a personal thing, but I'm always very critical of the stuff I own, theories I agree with, etc. I want them to be put to the test and any weaknesses exposed. So, as a Bitcoin HoDLer, I say to all who want to attack Bitcoin: "Bring it on! Come and get it, and if you manage to do it I'm ready to change my viewpoint on cryptocurrencies!"
I wonder what they'll be saying when Bitcoin drops from $400k to $300k. "Bitcoin is dead", surely!
There won’t be any drop from $400k to $300k: “It’s going up forever Laura” Just short-term, man, just short-term! https://youtu.be/W2Ct0ouRooY |
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^^^ That's what happens when journalists publish articles on things they don't understand. These articles just serve to feed the egos of those who are against Bitcoin. Problem for them is, their satisfaction is short-lived. In a matter of days/weeks/months, Kind Daddy completely disproves them. And then a new price level is established, an order of magnitude higher. Rinse and repeat.
I wonder what they'll be saying when Bitcoin drops from $400k to $300k. "Bitcoin is dead", surely!
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I bought a Trezor for 0.13 BTC. It's now worth $7,272.  Looking forward to the day it will be worth $100,000! Is that all? Mine was 1 BTC. But it does have 'First edition' embossed on the back. Yes, that's all. In fact, that's the only purchase I've ever made with Bitcoin. I've also given $1 worth of coins to some of my students and colleagues, for motivating them to get involved (now worth several hundred dollars, and probably lost already—nobody really cared). All the rest I've been HoDLing. I feel almost ashamed... As if I didn't give enough support to the cause (usage of Bitcoin as a payment method). But... How could I bring myself to spend something so precious? The way things are going, I don't see myself selling any coins, unless I need them to buy some expensive product or service. Certainly not to convert to fiat to sit at the bank, and certainly not to buy coffee, Trezors, mobile phones, or Netflix subscriptions. There's my regular fiat income for those. "First Edition"? Mmm... Nice to have. Don't tell me it's an all-metal one! I would love to own one of these. Mine is just the plain, plastic, standard version. Works great though. Has never failed me. Good design. |
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 Future pics I bought a laptop some years ago for 0.6 BTC. So I know how it feels. Oh how I wish I was smarter than that. I bought a Trezor for 0.13 BTC. It's now worth $7,272. Looking forward to the day it will be worth $100,000! |
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I can manage the dishes just fine and flip them in my head. The rotating ballerina is harder. When seeing it first (scroll out, then back in), it's always CCW to me. It takes some time and conscious effort to make it spin clockwise. Is it a brain hemisphere thing (right handed vs lefty)?
CW for me. Maybe because I'm left-handed... As for the plates, it seems that the brain "locks" in a specific perception, and then it's difficult to change it. But once you stop looking for some time, it reverts to the "default" perception, which, for me, is "plates upside down". |
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Damn it, how to I get them to be upside down again.  Wait a minute u guys see the plates upside down ? HOWW!! they look pretty normal for me ughhhhh You know, when I first saw the pic, I saw the plates upside down. I tried hard to "flip" them, and I managed it. Now, every time I see the pic, I see them all normal ( not upside down), like my brain has learned it that way! Strange stuff... |
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Good riddance! I don't feel the slightest of pity for her. It just confirms that money alone is not enough, you need brains too, and it looks like she didn't (and still doesn't) have any... I also know of a friend of a friend who was also a Lotto winner (2 million €), and he wasted it all away in just 2 years, on house renovations, extravagant holidays, luxury cars, designer clothes, and other pointless stuff. Now he is unemployed and in debt, and barely able to survive. You can become rich by pure luck and/or by smart moves and/or by hard work. But to stay rich you need brains. Good thing is, I can bet nearly all WOers have that, so we're all good! |
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Best way to manage these issues: never tell the SO you have bitcoin. Second best: don't say how much, just some pocket money for the lulz.
These strategies come handy if she ever turns her back on you, too.
Good advice. And I would generalize it to include parents, relatives, friends, anyone really. Just keep any coin-related info absolutely to yourself, and, perhaps, arrange for some way to release the coins to the ones you choose, after your death. I think humans are a nasty species. The best and the worst of the animal kingdom. Tread with caution.
Off-topic movie recommendation: Tonight I will be watching The Wizard of Lies (2017), the fall of Bernie Madoff, whose Ponzi scheme robbed $65 billion from unsuspecting victims—the largest fraud in U.S. history. I don't know if the movie is good, but today I spent the entire day researching the story, and I found it absolutely fascinating. I find Robert De Niro's choice as Bernie Madoff to be excellent, and very fitting for the role. Should be a great watch. |
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It's stories like this that make me feel so happy I don't have a wife... If I did have a wife and she dared to shout at me for not selling the top or for buying the dip, I would literally say to her "pack your things and get the hell out of my house". That's also one of the reasons why I would never live in a house not owned by me. |
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In other news...
Number go UP!
Who died?
And where TF is proudhon?
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First, they forced the guy to commit suicide in lieu of imminent chemical castration ordered as a punishment for being gay. Now they put him on a 50 pound note. It's like...oopsie.."He wouldn't mind". Just look at that...they like to celebrate the dead, not the living. https://www.youtube.com/watch?v=JepmXCFFU_oSo kind of them to recognize his brilliance and his outstanding contributions to computer science and his WW2 code breaking work at Bletchley Park, considering that the Queen pardoned him and cleared his criminal record (for being gay, of all things) as recently as 2013, almost 60 years after his death! Just imagine how many new contributions to science he could have given us, had he not been forced to end his life. It's so sad how society punishes the ones able to stand out and make a difference. Too many names to mention. Galileo, Turing, Satoshi Nakamoto... |
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Low-key I hope it was some cloud wallet. It was about Bitconnect, 3 years ago. The dude lost $30k on the Bitconnect scam. I just edited the full video and posted it just for the lulz during the current Bitcoin dump. Feeling sorry for the dude, but that's what greed + ignorance can do to you... |
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Actually, I was thinking about who Musk might be in the WO, and surely proudhon would be a decent candidate.
The general tone is in the right place, but does account age check out? Proudhon's been around far too long to be Musk. I can confirm. I am not Elon Musk. proudhon is a Llama, not a Springbok. Perhaps proudhon will give us some details on the upcoming Llama Price Movement, which could drop at any time. I don't want to be anywhere close to that. What you think about an Alpaca, they look really cute   Cuter. Cutest. |
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What you think about an Alpaca, they look really cute  Yeah, it's really cute. But for some reason I want to choke it! |
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[...] I agree that doubling (or some other significant increase) does seem to be pretty likely with whatever value is remaining in bitcoin.. .. surely not guaranteed.. but in the ballpark of decent odds. On the other hand, I have some difficulties in conceptualizing the spending of value before I have it, but whatever, I am playing a broken record if I were to go down that path at this point.  Yes, I do believe that Bitcoin current price doubling in 2021 is a very probable outcome indeed, maybe even bearish for many WOers. I would say that reaching (and maintaining) a price level above $100k by the end of 2021 would be an outstanding performance, and will surely become life-changing for many of us. It's getting so good it's almost scary! |
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Full Disclosure: Waiting for funds to clear so I can clean out my balance on the exchange, and loading up for a small sell order @ $60k USD for further funding of Ranchero Lawblaw. Hoping it happens in this tax-quarter.
Was going to wait for $75k and sell a larger chunk, but purpose-selling at $60k for the ranch build is justifiable to me.
Rick is already starting to stress out about cost overruns, and I'll be Goddamned if I'm going to let dude cheap out on my dream ranch-home build, so, yeah. Gotta smack that little bitch with my wallet.dat again.
"Yes. I want a fucking fishing dock. I don't see the problem spending $15k to have one properly built, goddamnit. Yes, I understand a new high quality fence will likely set us back $50k-$60k around the perimeter. Yes. I expect the bridge engineering and construction to cost north of $100k" sorta shit.
We have problems.
$15k? $50k-$60k? $100k? Huh? Is this an OPSEC protection post? These amounts should be fucking peanuts for you guys! Based on my impression about your BTC holdings, I was expecting amounts north of $500k to start worrying you. Of course, expenses can accumulate on such an ambitious project, so maybe Rick is just trying to keep things under control and making sure you don't go over your planned budget. The voice of sanity kind of thing. Which is good. In any case, in a few months' time you'll have, at the very least, double the current fiat-worth of your stash (as will all of us HoDLers), so King Daddy Bitcoin will sort you guys out.  |
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Totally off-topic: I've recently discovered the following YouTube channel: Soft White UnderbellySome very powerful interviews there, from people on the fringes of society. Well worth checking out. |
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