WO is not really the place to be discussing this, but for those abstaining from eating meat (vegetarians, vegans, etc.) for ethical reasons (i.e., being against cruelty to animals), please understand that our very existence and way of life in this world is based on violence and causes violence by natural necessity. To really stop causing violence, one must commit suicide. It is of no coincidence that in certain languages, the word "life" is exactly the same as the word "violence". It's a cause and effect thing. We cannot escape it. This is part of the tragedy of our existence.

Having said the above, I fully understand OOM's stance on this. I once watched a YouTube video (now banned) of slaughtering a cow in a slaughterhouse in former East-Germany, and I literally threw up. I would probably feel and do the same as OOM, if I was forced to slaughter an animal with my own hands before eating it. This is just our brains trying to deal with an act that seems so incompatible with our ethical values. Is this what we do to animals? Yes, it is! And many more, unspeakable acts of violence, that we do to animals and fellow humans, to sustain our existence and way of life. Violence that society/civilization carefully shields us from. It's kind of like unplugging yourself from The Matrix and seeing reality in its truly raw form.

I would put 2021-2022 on the left graph, but yes, I know what you're sayin'...

Me too... This $49-50k grinding is boring AF... Maybe it's better to stop following the price so closely, and just wait for it to pick up when it will.

But, CAN WE? See, we're turning into TradeView junkies I fear...  

HoDLsleep soon (after watching a movie).

Good night WOerzzzZZZZZ...

For large amounts classified as "unreasonable", where the sender can clearly show that they made an honest mistake, then yes, I suppose the bank can intervene and reverse the transaction, or legally force the recipient to do it. But if I accidentally deposit $1000 to an unintended account, it's not so easy. I don't think I can just call my bank and reverse it. It can probably be done, but it will take time and I wouldn't expect the bank to be so helpful, especially if the recipient is uncooperative and tells them some fake story justifying the transfer. If I know the recipient and have transacted with him before, this will make things even more difficult.

I'd also do the same as you, and return the money to the sender if there was an accidental deposit to my account, just as I would take a wallet I found on the street to the police, but not everyone in this world wants to "do the right thing" when it involves money...

Or course, Bitcoin settles this ambiguity, and puts total control on the key holder, so we'd better triple-check the addresses we sent our corn to. Fortunately, Bitcoin addresses have some level of error-checking built-in, so as to avoid sending your corn to an unintended address.

No need to over-analyze it. The gist of it is that the big players have now "seen the light" and are accumulating large sums of BTC with the aim to HoDL long-term, meaning that there's less and less BTC that's available to buy & sell. Your wallet and my wallet are just dust compared to the amounts we're talking about. Price has only one direction to go in response to this, and that is UP!

The problem for them is that, since the BTC have already been withdrawn from their system, there's nothing they can do about it. They set the rules of their system, users just used it. No hacking or other illegal activity involved. The same thing applies to normal banks (yes, the ones we hate so much). If I accidentally deposit $1000 to your account, I cannot just say to the bank "I'm sorry, I made a mistake, I want my $1000 back". I have to contact you and kindly ask you to send the money back to me, and you can refuse to do so for whatever reason.

They need to fire their server programmers ASAP.

bore [ /bɔː/ ], verb, gerund or present participle: boring
make (a hole) in something with a tool or by digging. e.g.: "bore a hole in the wall to pass the cable through"

Naming Elon's tunnel construction company "The Boring Company" is one of the smartest company name choices I've ever come across.

Yes.

Google translates this to "it is mopping with the tap open".

I see your point, and I fully agree! LOL!  

If I've ever "touched" anything CSW-related, that would be BCH (a.k.a. bcash LOL) and BTG (Bitcoin Gold), which were given to me for free due to the forks, as with all Bitcoin HoDLers back then. I dumped them all near their peak, and this got me nearly 10 extra BTC (edit: maybe less actually, can't really remember, but I did convert everything to BTC and it was a good amount of corn) to add to my stash.

I would never ever get my hands on those shittiest-of-shitcoins.

Funny thing, back in 2019 he claimed that in 2020 there would be no Bitcoin. So, why does he need the 110000 Bitcoins?

Fuck him.

Earlier today someone here in WO mentioned a German online bank called N26. The guy later deleted his post... I checked out their website and they seem professional enough and quite welcome to EU clients opening bank accounts online for free. They even provide a Mastercard debit card (virtual card for free, physical card for a one-off shipping cost of 10 €).

Sounds interesting for EU citizens if N26 is crypto-friendly, as was implied by the phantom poster.

Good to hear, brother. Congrats on meeting and possibly exceeding your target (you still have some BTC I presume). Regardless, you've met your target, and while your target may seem too mundane/plain/simple for many, I'd say that this is a target worth having. Setting the right target for one's life is a very difficult thing. For me, having an overly extravagant lifestyle, Lambos, hookers, blow and all that, seems so futile and pointless... Maybe the "hookers" part is OK sometimes.   Of course, to each their own.

Another important point in your post is being debt-free. This is the most important for me. IMHO, owing anything to banks/people/whoever is the single most stressful thing in life. I've never owed anyone anything. My planning has kept it that way. It's good that you've reached this state.

All the very best man, enjoy!

@Gyrsur, @Karartma1: Thanks guys, for the useful info/links.

@Gyrsur: Yes, using Kraken, and everything goes through Fidor Bank (Munich). When you say 1000 € upper limit, do you mean per transaction? Can I transfer, say, 900 € on the 1st of the month, another 900 € on the 10th, and another 900 € on the 20th, and keep doing this for several months in a row? Haven't yet been able to check the link you provided, sorry if this is already mentioned there.

I know for a fact that we Euro-landers will face difficulties in enjoying our newfound wealth... I think the IRS in the USA are better. They are brutal and check everything, but at least they seem to be more knowledgeable and once you pay your dues they don't bother you. Or so I've heard.

Good morning WOers!

I see Warren Buffett's wisdom has worked again nicely while I was sleeping. We've crossed $50k, then pulled back to just under it. It's just a matter of time (hours/days) before we leave $50k behind for good. I believe the recent correction showed that there is good support at lower levels. This is not just a bubble ready to pop, as some falsely claim. This will pave the way for a slow and steady rise to $60k, $100k and beyond. I haven't sold a single sat during the dip (and, sadly, I haven't bought a single sat either). We may need some time to reach the above levels, but we will.

My SOMA guess:

Q2: attack on $100k,
Q3: $100k (stable),
Q4: $200~400k (unstable).

---

Regarding my earlier post/query about Bitcoin-funded Credit Cards, many thanks to those who replied. I checked out 2 companies (Binance and Crypto.com). They both offer such services and I may consider applying there, just for a test drive. Still, IMHO, the best course of action in this matter, as Richy_T has pointed out, is total transparency, i.e., declaring everything and doing things the legal way. Paying taxes too. That way, no one will bother me and question my financial status change (quitting my job while being able to increase my spending activity 10-fold). It's one thing to become super-wealthy, it's quite another to be able to use your wealth without raising red flags and being labeled a criminal. Got to be careful with such things... Fortunately, my expenses and desires are not too extravagant, so I could stay under the radar, but still, this is an issue that needs to be looked at.

BTW, $50k crossed again, and rising.  

Very nice work! I really like posts like this!

Network graphic clearly shows how interconnected we all are. Long live WO!

On Kraken you need 800 BTC to raise the price to $57,700...

Still not a lot.