Totally unconfirmed. Proud Boys are taking Senators  |
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Dunno who this guy is - Proud Boys leader? QAnon flag flying over the Capitol  |
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Proud Boys reached the Senate floor  Let’s call this for what it is. An attempted coup. |
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Ok, what about this.
Whoever reply to this message closest to the time when we pass $35k at Bitstamp will recieve 0.01 btc from me
Bitstamp 35k Congratulations. explorer wins Congrats Explorer ! |
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At the current prices I do not think it will be a good idea. The profit is not that much so I wouldn't advise buying right now, play safe.
In the long run, holding fiat is not playing safe. You probably mean 'ín the short run', expecting a major pull back soon. Well, I've been expecting pullbacks since $20k. And look where it brought us  There is nothing wrong with playing safe, but with Bitcoin in a bull market, it isn't a winning strategy. The current prices is not that affordable for me at this moment, that is why I said it, I am hodling too, waiting for a magic number of some sort. I am more on waiting for the crash rather than the rise haha. Can I suggest DCAing this year? The next major crash may never reach as low as $30k.... |
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I understand that the Democrats completed the circle and hold the Executive Office, House, and Senate.
Got Bitcoin?
Have they won both seats? |
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Grayscale has sold its holdings of XRP  |
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$35,879
I guess that’s a bunch of shorts losing their pants
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Don't mind lightfoot, he is full of shit anyways, and for his next post he will promote P-100's.
Because if it hasn’t happened to you or someone you know, it can’t be real. Got it. |
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Photography is awesome for when you get older or not suited to serious exercise. I know people in their mid 80s that take amazing landscape photos.
Also local wildlife photography can help advance science if you get the right niche for rare birds / critters in your area
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I'm strongly considering quitting my job, and doing something, anything else while living off crypto for the foreseeable future. This is the first day of work after a 2 week break, and instead of being "refreshed" and ready to work, all I can think is the break wasn't nearly long enough. Despite finding the work deeply unfulfilling, my job is stable and pays pretty well (a quick Google search says I'm in the top 97% within my state).
Probably the biggest thing holding me back is losing the structure that comes with the daily grind. I'm not completely confident I have the necessary self-discipline to create my own structure over the long-term, and while there are a lot of things I want to do (contribute to open source crypto software, write a novel, go back to school, etc), there's the non-zero chance I end up wandering aimlessly without purpose until wasting away.
Has anyone else gone through this or a similar thought process? This might be the only place (that I know of) with people who could relate.
Have been spending some time thinking about this. Plan is to have two modest homes. One in a ski town and one in a beach location. We will alternate between skiing and surfing. I would also look into picking up triathlon in the summer town. Regularly scheduled group exercise with goals (compete in X event is a great way to keep on track). That takes care of the body. For the mind, Slinky Malinki and I have discussed going back to university and studying courses we are interested in, rather than stuff we studied to earn money. I also have two start ups I would like to run for when the snow is bad or when it is raining at the beach town. Both have a social justice component which will make the world a better place but are also profit driven so they are long term sustainable. |
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We pretty much just bounced off WO Page Parity and headed straight back up
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How central banks boosted bitcoin
Deficits, debt and fears of currency debasement have stoked the record-breaking rally in digital currencies
AUSTRALIAN FINANCIAL REVIEW.
It's tempting to dismiss the surge in the price of bitcoin and ethereum as a speculative blow-off powered by hot money chasing momentum. But the rally in digital currencies reflects an unease about the unholy trinity of debt, deficits and debased currencies forged by policymakers desperate to revive growth.
The rally in bitcoin beyond $US30,000 ($38,850) is a digital indictment of the easy money policies embraced by the world's central banks, as increasingly aggressive balance sheet expansions obliterate the concept of a price for risk and fuel an ever-growing "everything bubble".
In an era when monetary policymakers are trying to out-dove each other, where once unconventional policies – such as quantitative easing and yield curve control – have become standard operating procedure, it's easy to understand why more capital is seeking an exit from, or a hedge against, a system where central banks have gone wild.
Bitcoin's deterministic monetary policy – only 21 million will be issued at a set pace – looks relatively sober compared to the $US3 trillion expansion in the Federal Reserve's balance sheet and $140 billion swelling in the Reserve Bank of Australia's since the start of the virus crisis.
Digital currencies are no longer the preserve of fintech geeks. Bitcoin has won the backing of US hedge fund legends Paul Tudor Jones and Stanley Druckenmiller, while US-listed companies Square and MicroStrategy have invested some of their corporate treasury in the digital currency.
Digital Asset Capital Management chief executive and co-founder Richard Galvin says 2020 was a "break-out year" for the sector amid an embrace of bitcoin's "digital gold" narrative and the broadening adoption of decentralised finance, or DeFi.
That shift in perception was reflected in its Digital Asset Fund returning about 420 per cent last year, while its DAF Liquid Venture Fund returned just under 500 per cent.
Where the growing interest in digital currencies reflects a desire to step outside the traditional central banking system, the adoption of DeFi highlights the flow of capital beyond traditional banking and finance.
Mr Grider acknowledges there are downside risks. "Prices have had a significant run and profit taking may slow or reverse the rally."
The fusing together of capital and technology into programmable money provides innovators with a potentially powerful tool when interest rates are near zero, yields are miserly and central bank engineering of the shape of the yield curve has changed the rules of the banking and finance game.
Investors have been left with no choice but to chase risk in a world devoid of yield.
TINA – there is no alternative – has become the catchcry for investors pouring into stocks, commodities and digital currencies given the meagre returns on offer at the bank or in bonds.
But nominal yields only tell part of the story. Real, or inflation-adjusted, yields are nil or negative, meaning there is no opportunity cost for investors in non-income producing assets such as gold and digital currencies. The stock of debt trading at a negative yield stands at $US17.7 trillion.
Bitcoin has also been helped by the slide in the value of the US dollar to a 2˝-year low.
The prospect of yet more debt being deployed to prop up US growth in 2021 means more supply of dollars. This will keep the Fed buying bonds to repress yields as the US Treasury makes a greater call on lenders.
And around and around it goes.
America's debt story is no model for the world
Almost a decade on from the US having its credit rating downgraded from triple-A by Standard & Poor's, holders of US dollars in the form of US Treasuries have watched successful administrations make a mockery of the debt ceiling.
The August 2010 downgrade came when US government debt was $US14.3 trillion – it's now $US27 trillion. And let's not get started with the $US100 trillion-plus of long-term entitlements that still need to be paid and funded with yet more greenbacks.
While it's easy to claim bitcoin is being driven by speculators, its rise partly reflects concerns about the ongoing speculation by policymakers on the durability of debt-fuelled growth.
Central banks need only look in the mirror to understand bitcoin's success.
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Nice. Bought a little bit at $29.2k. Daily RSI starting to look much more healthy. We were over the Daily RSI 2017 peak for awhile which was making me uncomfortable.
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Alcohodl - you hang in there and get well soon.
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Just wow! My current (unrealized) networth places me in the company of the 900 richest people in my country, according to the official statistics. I guess there are some more hodlers like me not counted by that statistic. Anyway, this is a good occasion to celebrate! Cheers mates! (I've emptied 2 champaigne bottles just celebrating the previous ATH's  )  Massive achievement - well done ! |
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Imagine trying to short this shit
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