I had noticed that I had been using that word quite a lot recently, too, so admittedly maybe I have to become more proactive about word-choice variety, including that particular word?  

Hahahahaaha


That's a funny story, and surely a rendition of the real world, maybe even moreso in less urban locations.  I believe in urban locations, you are more likely to run into some people who are receptive to the idea of bitcoin, and maybe some of that has to do with accessibility of a number of other people who are also involved someway in bitcoin.

I am not exactly any kind of bitcoin evangelist in the real world, but if someone shows interest in bitcoin I do become somewhat animated over the topic, and I have given decently strong hints to a large number of real world acquaintances and relatives that it would be prudent for them to take some kind of stake in bitcoin, and surely the more that they ask me about the topic, the more details I will be willing to share, regarding investment strategies and even describing what I believe that they should do, in light of my own experiences.

A little less than two months ago (maybe mid July), I was sitting at a table with a bunch of mostly nocoiners (and surely some some of them were precoiners).  There were about 10 guys (including a few gals too) at the table, but from time to time there would be some circulation in who was sitting at the table or who was standing at the table and drinking too.   There seemed to have been a decent amount of interest in the bitcoin topic, but they frequently got diverted into joking status, and even getting mixed up with bitcoin and other coins that they had heard about, and I would frequently have to suggest not to get mixed up in their heads or their thinking with any attempt to include various shitcoins in the discussion, because I was mostly referring to bitcoin when I spoke, not the various imitators that exist out there.  There was one guy who was quite a bit more vocal than the rest who seemed to "know everything," and he would frequently challenge me on any kind of statement that I made in terms of the greatness of bitcoin as an investment.  He was probably close to the oldest of the group, and relatively financially successful including having had been decently well traveled, too.  I remember several times telling him how he seemed to know so much about bitcoin even though when he spoke, I could tell that he did not really seem to know much of anything about it.. but at the same time, he seemed to want to spout off about the poorness of the investment and making a lot of inept comparisons to other possible ways of getting rich by making good investments in some stocks that had been successful for him in the past.    Anyhow a lot of this discussion was made in good fun because we were all drinking and just batting around various random topics that included my throwing in some bitcoin insights from time to time.   

A couple of guys had mentioned that either they wanted me to help them with their investment into BTC because they had no clue about what I was talking about, even though it sounded good or that I should do a podcast.  Hahahahaha.  Regarding the podcast, I said that there were a lot of really great podcast that already existed out there, and I don't really want to get involved in that bitcoin podcasting scene when there are plenty of other people who are more than willing to do it and do a good job.  Regarding helping people, I said that I would help anyone who wanted help, but I was not going to invest for them, and they would need to take their own responsibility in getting set up, but I would help them if they wanted me to help them.   I did not hear from any of them, so far, regarding getting my help with bitcoin matters.

makrospex is living on passive income?  Bitcoin?  I did not know that.  Any opsec issue(s), here?

When I was a kid, we only had to wait one hour.

And a quick look on the interwebs (not that we should trust the interwebs NOT to kill us.. I would trust my mum more, even if she might be a bit overly cautious) seems to show that there is no danger in going in the water immediately (without waiting)... Go figure.   How times have changed!!!!!   

Seems pretty decent.

I am not planning to be alive in 60 years, but I am expecting (based on that trajectory, and even less bullish possible outcomes) that any of us who are HODLing and accumulating bitcoin will be able to profit decently well in time frames that are much shorter than 60 years... even likely to be profiting decently in 2 years, 5 years or 10 years... much more manageable as compared to 60 year projections... even though 60 year projections could be quite decent preparation timelines for any of us who either have kids or considering the possibilities of persons who have not been born yet but will potentially be directly (relatedness) connected to us.

Exactly!

It's quite rare that this thread gets off topic, and we especially shun the discussion of politics, sex or religion because we know how "sensitive" dee udder peeps are fewings.  And "we" (royal) doesn't want no bodies to get dem selfies hurting.


 

Also fair, if you feel warranted, to criticize Hal Finney's contribution with vigor, but this thread has kind of turned into a memorial thread, so does not really seem to be the proper space to engage in such criticism, if that is what you feel compelled to do.  Might be worthy of a new thread or to be placed in some other thread.  By the way, you do not necessarily need to agree with either the status of Hal Finney or his importance to the space, but there does seem to be a lot of evidence that he was actively involved in bitcoin, and pre-bitcoin, and his disabilities had actually hampered his abilities to contribute more, even by the time that he made OP.  There are also a lot of people who believe that either he was Satoshi or that he was on a team that was identifying itself as Satoshi, so those mere facts (including the fact that Hal has died) seem to allow for "Legend" status.  

By the way, even though we have a conditional status of "living legend" there are some people who consider that you can ONLY be considered as a "legend" once you are dead...  hahahahaha.. kind of like saint, even though there have been some folks who had been considered as "saint" status while they were still alive... but I believe that the official policy of the catholic church is that "saint" status can only be possibly ascribed once a person is dead at least 5 years, so since Hal has just passed his 5 year anniversary of his death, maybe he could be ascribed "saint" status rather than a "legend."  

I don't really understand the article.

Sure they have charts and even discussions of what seems to be bitcoin, but then they seem to be muddied by concepts of crypto and blockchain that confuses the topic.. and even concerning the amount of understanding of bitcoin.

If that's my grandma, then I must be a bot.

I would like a lot of things, but grandma tends to refuse to give them to me.   


That's why bitcoin gonna liberate some of us.   


Hopefully. 

That's true.  I wonder if some of them are going to be diluted with various cryptos, so I wonder how much they would be weighted in favor of BTC.  Devil might be in the details in terms of what ultimately ends up being the product(s) that is (are) being offered.

I remember in June; going up was not very hard work, then. 

At that time, I kind of was getting a feeling that the going up would never end, even though logic was telling me otherwise.....

The article indicates that they have identified "50 cryptos" to satisfy their "due diligence."    Seems reasonable depending upon how one defines "due diligence". 

Holy fuck!!!!!!  Another shitshow, unless they narrow down the number of their coins; perhaps to one coin?  Not one coin,  I mean bitcoin.  I mean corn.

I was thinking a bit more short-term.

Of course, the next three halvenings are going to be important; however, I was thinking that you had mentioned the closing of the CME futures, and perhaps the BTC price is being manipulated (downwards, perhaps?) until the closing of the futures?    So, in some sense, I was asking when that would be and  how would the price be affected in such timeframe?  Even if we do not know the price direction, exactly, we know of an event that might be having some impact, in a short-term timeline sense.

Yeah, but how do you quantify the amount of better?  Maybe no one (except some of the extreme goofball nocoiners, alt coin pumpers, or bitcoin naysayers) would argue that bitcoin is in a worse off position, and in this regard, BTC's price is nearly 40x higher than what it was for the most part of 2015 - which was mostly in the mid-$200s.

Could be.  

We are not out of striking distance of the possibility of moar down, that's for sure, even though the last 24 hours have largely been flat, and only bouncing up no more than $200 (which is about 2%) from the $9,320 local bottom.  

If we get a bit of a rise, maybe 10% or so up from the local bottom (maybe even back above $10k, which is actually a little less than 10% above - 7%-ish?) then maybe we could have a little bit of comfort breathing space.

Our current ambiguity seems to be that some of the bearwhales would like to test buy support at $9k and thereafter lower.  They would always want lower and even as low as they can get for as long as they can get it, and lil baby BTC seems to be putting up a bit of a fight...   Bearwhales are asking more weak hands? more weak hands?  More scaridy cats?  More scaridy cats?

$100k question remains whether she is going to test support at $9k or are we almost ready to return to a bit of our previously scheduled program .. aka UP?

Next 12 hours are critical.^tm  Or is it 8 hours?  Hairy?

Ok.. comparisons of WAGs might not be a bad thing, even though it might not be worth Opsec risks.. .. hahaha.. at least in my thinking.

Fuck your fictional farmer bob that you have suggested does not understand the new age of the interwebs.

He better learn a bit about where we are going, rather than where we have been, otherwise he is going to get screwed with all those bunkers and guns that he built and the gold that he has accumulated but he is not able to use it.  Dumb fuck.

Oh.  Good implication that HODLers, including yours truly, are gonna be (if not already) famous (presumably through level of rich).

What are WAGs?


Hm?  You are strutting a decent amount of confidence, even while I have no recollection of my Opsec devolving in that measure of grandeur or lackenings.


That's starting to make sense.