Bitcoin @ $53k / BTC...
OMG, gloom, despair, agony, deep dark depression, excessive misery, bad luck!
I wish there was a time machine to quote this message back in 2016...
I am quite lucky, i simply have so little time to watch the price  Though, i'm quite surprised. Bought the top, too... Short-term price is irrelevant. You are quite lucky indeed. Later this year, WOers will be wishing they had bought Bitcoin as cheaply as you... |
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Bitcoin @ $53k / BTC...
OMG, gloom, despair, agony, deep dark depression, excessive misery, bad luck!
I wish there was a time machine to quote this message back in 2016...
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Here we are, watching Bitcoin hovering around $57-58k, feeling bored and complaining that it's going sideways, with the occasional "When $60k?", "Come on, Bitcoin, do something!" and "Bitcoin dead?" memes.
Guys ('n' gal): that's $57,000 we're talking about. Fifty-seven thousand USD! Per coin!
Sure, we all want $100k, and it will reach and exceed that. But even now, this is an amazing achievement. Even if it stays at $57k for months, that's OK with me. Of course, all this is very relative and depends on stash sizes and set targets.
Some SOMA moon numbers (assuming a target of $1M):
0.1 BTC — Moon a long way away, but still doable. <— The forgotten wallet treasure.
1 BTC — Moon in 5-10 years' time, maybe sooner. <— 1 sat = $0.01 — sat/¢ parity milestone.
5 BTC — Moon in 2022. <— The reluctant HoDLer's dream.
10 BTC — Moon in 2021. <— mindrust's lost moon milestone.
21 BTC — Already on moon! <— One-in-a-million milestone.
100+ BTC — Outside of solar system! <— The early adopter's paradise (ranches & lakes included).
Good things come to those who wait.
HoDL.
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[...]
I have recalled several occasions driving by myself in a fairly spacious luxury car (think of a medium-sized SUV) and then parking in the parking lot next to someone who has a tiny car, but they are fitting a family of 7 (including dog) into a car that really should only sit 4 at most (think of a vw beetle or some small car that might be slightly larger)... and sure, I feel a bit guilty in my thinking that they would fit much more nicely in my car, and I could fit more easily into their car as one person rather than 7, but I still do not exchange cars with them, even though I already realize that it should be quite obvious that I am much better off financially than them, and I am not sure whether they might have more bonding over their ridiculous experiences of fitting so many in their car and hanging out in such proximity that would be quite uncomfortable for me.
[...]
If you did swap your car with theirs, you could be called a truly religious person, not just in name, but in substance, at least as far as Christianity is concerned. Someone once said: "If you have two shirts and your neighbour has none, you are not religious."Although I'm an atheist, so I don't recognize any god whose teachings I should dogmatically follow, I can understand and sympathize with the situation you're describing above. The world, by its very nature, is an extremely cruel place, and one cannot survive and keep his/her sanity without having to live with, and tolerate such huge imbalances of wants, needs, and ability (or lack thereof) to fulfill them. Communism has attempted to solve the above problem, but we've all seen the consequences... IMHO, in the end, it all comes down to human nature, which is a selfish nature. Whether we like it or not, we are all programmed to survive at all costs. So, don't feel guilty about not swapping your car with theirs. This is the expected behaviour. If you wish to help the world, just help yourself first (as you've already said), and then you'll be in a better position to help others if you so wish. Damn, Sunday afternoon, no coffee, and here I am blabbering again... Got to visit my dear cousin, niece & nephew today (will need to sneak past COVID-19 movement restrictions, hopefully I won't get stopped/fined). Corn is not doing so well (relatively speaking—are we greedy or what?), the Stimulus Check pump was not even for ants, if it even materialized... Not to worry though, the real pump will come soon, and it won't be for ants. Math & science. |
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How about a game Where is this, and when.  New York City — Union Square When: Circa 1870 Edit: vroom beat me to it! |
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Massive pump to 75000 coming before April, you heard it here first. Once we break 60000 comfortably we will move to new highs. 2021 is the sheeeeeit!
FTFY. |
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Yesterday, a neighbour asked me if I know anything about "cryptocurrencies". A couple of years ago I would jump at the opportunity to explain to him all about it, teach him how to set up a wallet, open a Kraken account, etc. Now, I just replied "I've been reading about it, seems to be a thing. Don't know much more than that though, sorry..."
Can't be bothered anymore. It's the same old story, the more others know about you and what you can do, the more work and trouble will fall on you, because, in the end, it comes down to human nature. Everyone's looking for a free lunch, a pill they can swallow and suddenly solve their lives' problems. Well, I say "fuck you, get on your bike and work for it."
Hm. I checked my records and I got into Bitcoin in late 2012 when someone told me about it in casual technical conversation. Granted it's a problem that I had been working on since the mid 1990's, but when I heard the concept that each block had a checksum that included the PREVIOUS block's checksum I suddenly thought *FUCK, THAT'S IT!!!* and started looking. If that person hadn't talked to me about it I wouldn't have really given it thought till the mid 2010's. So in honor and respect of that I'll give a basic discussion to anyone who asks. And if they start arguing about how it USES THE WORLD'S POWER or is a fraud, or HOW ABOUT THIS SHITCOIN I'll just say "sounds like you already know a good bit, nothing I could say can further that" and start talking about hookers and blow or shit like that. If someone has a root already nailed into their mind it's pretty impossible, pointless, and annoying to try and weed it out. Better to let life do what it does and let them learn for themselves. Glinda understood this with Dorothy, that's why she had D loot the Witch of the West and follow a pointless road. Oddly enough I had a root already in my head and saw bitcoin as the right solution to the damn problem of what happens when some fuckhead hacks the database chain and changes an earlier block. And here we are. I know exactly what you mean. I'm also eager to explain things to people, it's in my nature, some even say I'm overly enthusiastic and even talk too much and over-analyze things (a similarity to Jay, perhaps?). That's all true. I'm happy when others are also happy, especially people I care about, and I always like to share my enthusiasm and help them understand a new idea and how it can benefit them and the world. The thing is, I've tried to explain Bitcoin to several people in the past, and, sadly, almost all of them outright ridiculed me, especially at work. Back in 2016-2017, I could hear them whispering about how fool I was and how I would lose all my money and how I could not understand that Bitcoin is a Ponzi or a Pyramid, or a fraud, etc. Even then, I politely tried to explain that they were wrong, showed them YouTube videos, even set up wallets on their phones and sent them $1 coins. Nothing worked. Only two of my friends listened to me and bought some BTC. One bought almost 3 BTC and is now the richest member of his family, and the other bought 0.X BTC and is now crying like a baby for not buying more when I told him to. I'd like to think that I'm not a vindictive person, but 2021 has so far been the most satisfying year for me, in that most of the people mentioned above have now realised who was the smart one and who was the fool, and are slowly admitting it. The less selfish ones are apologizing to me, want to talk about it, and are asking me for advice on how to buy BTC, and shitcoins too, actually almost all of them now want shitcoins! The more selfish ones keep quiet and some still dismiss Bitcoin. Long story short, all of the above has left a bitter taste in my mouth. I've found that people generally believe what they want to believe, no matter what you tell them. They've made up their minds, and it's pointless to over-analyze things. Just say "yeah, Bitcoin is a good thing, it's a revolutionary thing, it's the future of money, all of us should look into it", and stop there. That's enough. Let them take that seed and grow it themselves. If they don't, they are not worthy of your effort, time and energy. tl;dr: As strawbs wisely said: "You can lead a horse to water, but you can't make it drink." |
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I've set up my Bitcoin monitoring phone app to alert me when corn crosses 50/60/70/80/90/100k €, using a special sound. I heard it a few times today.
Nwice!
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when i worked back around 2011 on i told people at work about bitcoin. there were some smart people most with multiple degrees in their fields. also told the tech support guys whom i really thought would understand it. but everyone of them except one pretty much politely blew it off. that one person? one of the billers (the youngest one), who instantly knew there was something interesting there. i gave her a paper wallet with like 5 bucks or something.
[...]
2011... $5 worth of corn... Where is that goddess now? I'd like to sit next to her in her throne! |
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Yesterday, a neighbour asked me if I know anything about "cryptocurrencies". A couple of years ago I would jump at the opportunity to explain to him all about it, teach him how to set up a wallet, open a Kraken account, etc. Now, I just replied "I've been reading about it, seems to be a thing. Don't know much more than that though, sorry..."
Can't be bothered anymore. It's the same old story, the more others know about you and what you can do, the more work and trouble will fall on you, because, in the end, it comes down to human nature. Everyone's looking for a free lunch, a pill the can swallow and suddenly solve their lives' problems. Well, I say "fuck you, get on your bike and work for it."
Wow I thought I’m alone in this... trust me I used to sit down with pen and paper to explain this to my seniors and peers. And most of the time it would end like “oh that’s a big bubble”...or “I didn’t get it, prove to me how Bitcoin is worth $6,000”.... “there are only 21 million bitcoins, that’s not how money works”.... and most of the time usually will stop here when they will hear “yes uncle, you need internet all the time”. I just keep everything to myself or put it here on WO Yup, I've definitely stopped tying to explain btc to anyone these days. It's not as if there isn't enough info on the interweb now for anbody with sufficient motivation to go and find out for themselves. I introduced several friends to bitcoin in 2013. One invested almost immediately and hodled for a few years, cashing out most of their stash near the 2017 top. They made a tidy sum but their stash is now very small and they've largely missed out on this run. Another friend left it far too late to buy in, and did so near the 2017 top and also bought a load of shitcoins because they "couldn't afford bitcoin".  They then panic sold everything during the following bear market and made a huge loss. The other day I was disheartened to hear that the same person is now buying shitcoins again. They did at least admit that they should have listened to me properly in 2013. So I feel like I was half successful with the first friend and completely unsuccessful with the second friend, even though the info I explained to them was identical. So my conclusion was that some people are just not ready for this and I can spend my time in better ways. As the old saying goes, "you can lead a horse to water but you can't make it drink." Unfortunately, some people who know I have bitcoin seem not to care for my opsec and will happily discuss the fact that I hold btc with anyone they feel like. Which is annoying, since I don't go around talking about anyone else's finances. So I am wondering how to address this issue. It didn't seem to matter many years ago that I had told a few of my friends about my btc holdings but now, at these prices, it's something I wish I hadn't done. Anyone else in the same boat? Same thing has happened to me. A long time ago I made the mistake of telling a few people close to me that I own some BTC. At that time 1 BTC = $200-$500, so it was no big deal. Not anymore. The problem is that these people can potentially disclose that information to others, and this raises serious OPSEC/$5-wrench issues. Of course the mistake was all mine, but frankly, at the time, I never expected that Bitcoin will rise so much. Fortunately, the people in my circle that know about my stash are very few and generally trustworthy, and I've warned them not to tell anyone, so I guess the situation is somewhat under control. What you could do is use the "boating accident" technique. Just say that you gambled it in shitcoins and lost 90% of it. Or that you lost your seed and cannot access your coins, and bitch about how bad Bitcoin is for not having a backdoor in case you lose your keys. Pretend to be really sad/depressed/angry/bitter for a couple of months, then say you've accepted your loss and moved on. As they say, wealth is not easy to hide... It's tough being rich, and I can now feel it more and more, as those ants work hard, paving the way to $1M/corn... Maybe hire some bodyguards as the song says... LULZ! https://youtu.be/DmeUuoxyt_E |
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Yesterday, a neighbour asked me if I know anything about "cryptocurrencies". A couple of years ago I would jump at the opportunity to explain to him all about it, teach him how to set up a wallet, open a Kraken account, etc. Now, I just replied "I've been reading about it, seems to be a thing. Don't know much more than that though, sorry..."
Can't be bothered anymore. It's the same old story, the more others know about you and what you can do, the more work and trouble will fall on you, because, in the end, it comes down to human nature. Everyone's looking for a free lunch, a pill they can swallow and suddenly solve their lives' problems. Well, I say "fuck you, get on your bike and work for it."
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Looking at Kraken's depth chart, there is no large sell wall at 50k € like it used to be earlier on in the race. I guess 50k € is not the real reason the price is not increasing. Other factors must be at play... Or just the usual King Daddy sideways break before the next pump. Also, that Stimulus Check inrush into Bitcoin did not really happen. Nothing major, just an ant pump so far. Which is OK, I was not expecting anything bigger. S2F model being confirmed to a tick.
We've waited 3 years. What's another 3 months? Easy! And no, we ain't selling a single sat.
Onwards & upwards!
HoDL.
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Nice meme, but the car is going backwards... Unless it's deliberate—maybe the memer is trying to tell us something? |
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We have been bouncing between 50k ish and 60k ish for more than a month now.
Zoom out to 30 days and check for yourself.
Sorry. I don't consider bouncing up and down between $43k and $58k as being "$60k". I see it as the battle for $50k. When we hit $60k a week ago, I figured $50k was finally a done deal. Well the same was true for 9000, we bounced of it constantly, just like we now bounce of 60k, that's what the vegeta memes was all about, hence my analogi. I blame the euro. We are at the €50k border. Yes, this could be it. Those nice, round numbers that our brains love so much. Rest assured, 50k € will soon be outside the chart range. Next major target will be 100k $/€. The ones in between should be easier to conquer.
@BitcoinBunny: Merit-worthy! (sorry, I'm out.) Very nice and funny visualization of ivomm's dream! Lucky bastard, he escaped just in time! LOL!  |
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I've had a really fun dream last night. I am not joking, here it is: I was in my very big yacht with some friends having a champaigne party. I was kissing some girl, when I remembered I haven't checked the price for a very long time - a year may be. I started connecting the laptop with some antenas and got online. Then I saw the news that Bitcoin recently had hit $1 000 000. I got very excited remembering that I had over 5 Bitcoins kept for that occasion. But... I completely forgot my key phrase. I knew that I had another complicated method to get access to my coins from the files on the laptop, but in the excitement I couldn't remember that either. Then I noticed a green ligt in my eyes which started running as a small dot over the deck. I realized that this is a laser aim of an armed USA drone. I looked up at the sky and I saw a missile heading towards my boat. I managed to run and jump in the water and after that the boat exploded. The water was on fire which started to spread above my head. I was swimming underwater keeping my breath until I escaped the fire. Then I began to doubt that this was not real but a dream. Of course in RL I have neither millions nor a yach nor a GF. But guess what was the only thing that seemed unrealistic in this whole story? That's right - I haven't checked the price for a year!!! That's impossible! Everything else is completely legit, it can happen! That's how I know that these boating accidents are true!!!  That's a nice story there! Funny thing, I'm also having lots of dreams lately. Some good, some bad, some scary, some with corn, some with hookers, some with a combination of the two. No Lambos. No blow. The problem is that I almost always forget everything if I don't write it down the moment I wake up, and I seldom write it down... The sooner you wake up after the dream, the more vividly you will remember it. There are methods that detect REM (Rapid Eye Movement), which means you're in a dream, and wake you up right after REM stops, so that you can recall all the little details. Psychologists say that having dreams frequently is an indicator of a happy/healthy mental state, whereas not having dreams at all is a bad sign. In that respect, there should be a strong correlation between Bitcoin price and dream activity. The higher the price, the higher the dream activity, until 1 BTC = $1M and your dreams become indistinguishable from reality!  This is normal. You are fine. Prepare to be mind-blown by what's coming. |
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Hey, here's a thing that came to my mind pretty often since a month or two, and finally i actually remember that i said last year, that i keep you all up with the news. It's about my GDPR Art 13. "Right to be forgotten" request to ledger.fr, regarding deletion of all my personal data from their systems. So i finally got an Email from Ledger, about two months after the original request, that they successfully and permanently deleted my data. Here it is:
Hi,
Thanks for your data deletion request. We have taken appropriate steps to ensure the erasure of your personal data associated with the information you provided from our systems and relevant third-party providers.
Note that some of your personal data may be further retained by Ledger in order to comply with applicable data retention laws and other legal requirements (eg. tax and accounting requirements, fraud prevention).
Please rest assured that the protection of your personal data is of paramount importance for Ledger. Thank you for your patience and support as we continue building products and internal policies that respect your privacy.
Kind regards,
The Ledger Privacy Team
No mentioning of my Name, Email or like that in the message text. Seems legit  It is legit. I received the exact same email (down to the last character) about 2 months ago. I also promised to report here and forgot about it... Hopefully they have wiped most/all of our data from their databases. |
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For those looking at health insurance, you might want to take a look at life insurance too. Start with Term Life 10 years or something similar. It is "pure" life insurance with no add ons, and is relatively cheap (depending on your age) for the coverage.
Something like $40 per month for $500k coverage for about 40 years old. Older is higher up to around 85 years old and the last decade is much much higher in premiums.
Then, the private life insurer might also have health insurance in addition to any government health care benefits you may already have in your country. It may be worth it to add to anything you have right now if you can afford a little bit, working or not.
As for our favorite hated alt, everything that didn't happen yet on bitcoin happened there, ICOs, NFTs, DeFi ... so it's probably worth it to take another unbiased look, and why you have the big boys also looking at them. There are literally thousands of projects that are on that space, with more than 90%, maybe even 95% not going anywhere, but there is that small 1% hidden gem and whether or not the tech is good, it might spark and give you excellent returns. DYOR.
+1 WOsMerit. As for the term "Life Insurance", I interpret it as a pension (a lump sum and/or monthly payment) after a certain age, say, 60 y/o. As for when I die, frankly, I don't care at all what will happen to my body. They can bury it, burn it, or throw it in the trash. When I die, that body won't be me. I'd recommend the cheapest and easiest way of disposing of it. |
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Thanks for this, I wasn't at all aware of "Colored Coins". Their website is down, they don't seem to be very popular these days, which does not take away from their significance. Speaking of popularity, for all we know, NFTs, in their current implementation, may die out sooner than we think, or they may not. This NFT thing is new to me and I need to read/research more about it to be able to have an informed opinion. The thing that bothers me is that it involves Ethereum, just like the ICO craze. I've never owned Ethereum and don't intend to, purely out of principle (I absolutely hated their blockchain transaction reversal fiasco that happened years ago). To me, anything involving Ethereum has a tendency to be a solution looking for a problem—yes, I'm that biased against it... Will watch this space and see how things go. One should be open to new ideas and be ready to embrace and support them if they are worthy and useful in solving real problems and making our lives better. Having said that, history in this space has taught us time and time again that there is only one King Daddy, and that's Bitcoin. So, I would be much more supportive of NFTs that could use Bitcoin as the basis for their settlement layer. |
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I'm still working, mostly because it's funny to not really care and be truly honest with people. And let's face it: I am too lazy to try and figure out how to sign up for my own health care.
So far they are thinking of promoting me, which would be bad.
Yes, Office Space is oddly accurate.
The health care issue is what's keeping me from retiring early too, and also the fact that I love what I do and would even be willing to pay to do it. The only negative aspect of employment for me is the fact that I belong to the usual "master-slave" hierarchy, formally at least, and this somewhat limits my freedom. It's more of a psychological thing though, I can't say I feel any serious pressure to do things I don't want to do. I'm happy and I don't really mind keeping things as they stand at the moment. But things can change, and the recent Bitcoin price appreciation, as well as the S2F model's predicted gigantic gains, will surely put things in a different perspective. Health issues can, and will happen, and we'd better be prepared when they do. Being health-uninsured is a dangerous thing. If something really serious happens, it may not always be easy or desirable to liquidate some of your hard-earned-and-HeDL coins to cover the expenses. I've heard stories of people getting hospitalised due to accidents and ending up having to pay really huge amounts of money in health costs due to being uninsured. |
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