Look away for 30 seconds, miss the new ath   |
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Who has enough fiat to double xrp marketcap? CBs? Crazy over-leveraged HF? Someone here?
It's already gone down again. Long term alts don't work and short term it is easy to get burned also if you don't know what you're doing or just get unlucky. At the prodding of a friend I actually got to looking for the 1000xrp I received in the giveaway back in two-thousand-and-tickety-boo. The online wallet was dead and the only reference I could find to a replacement also dead. I'd be very wary about paying attention to xrp market cap. It had a huge premine and I'm sure a lot of it is sitting in dead wallets like mine. It shouldn't even be in crypto charts anyway. |
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Question; how long would a politician live without any police protection available and a lack of incarceration as a consequence of murder?
They pull cops from the streets then as soon as someone raises their voice, they surround their homes with enough cops to police a small suburb. |
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Of course, our stories likely diverge a bit with the shitcoinery bullshit that was coming into the space in 2017 (and yes referring to BIG blocker nonsense), and sure you suggest that you hung onto your bitcoin stash during that period (until present), but I was getting the sense that you failed and refused to continue to prepare for BTC UPpity during that time, and so you can sugar coat all that you like, but if you are worried that lumber prices might have doubled in the past several months, that really should seem like a BIG so fucking what for anyone who actually adequately prepared for bitcoin UPpity in the recent years... so your statement in itself (which likely reflects how you really feel about your level of richie) seems to reflect something problematic in your preparation for UPpity.. .. and sure maybe I am wrong? and sure maybe you can set me straight on these presumptions, but my own preparations have caused me to transition (especially based on BTC's price performance since September of now more than 6x) into a kind of NOT giving any shits about price rises of various goods that I want, including if they might have doubled in recent times.
Where am I going wrong in my thinkenings and presumptions about your likely failure/refusal to adequately pee pare ur lil selfie for UPpity, Richy?
By the way, some of the BIG blockers really got reckt in either buying into Bcash or failing/refusing to keep an adequate BTC stash.. and I apologize if I am actually lumping you into that category because I do recall that you have stated that you have hung onto your BTC stash.. but those kinds of levels of "hanging onto your BTC stash" are likely relative terms and bitcoin's price appreciation might have rescued you and maybe several other BIG blockers from their stupid ass levels of dumb to the extent that they hung onto some of their BTC... but they are no where even close to where they would have been if they had got completely out of those various bcash scammenings... which scammenings from Bcashes are ongoing, even if they are quite a bit less convincing, they are still trapping newbies into their worthless coins /projects.
Opsec indeed prevents me from divulging too much. I did have a reasonable appraisal of Bitcoin's potential fairly quickly so whilst not having an accumulation target per se, I bought what I could with money I had lying around and would have bought a similar amount later but the banks were messing with the poor chap I was dealing with so that was that (though hopefully that went well with him). I bought in drips and drabs after that as more options became available but when you have a good stash, the more you're putting in, the more you're risking losing on the downside. Perhaps not the optimal way to view things but hindsight is always 20-20. The fork was pretty much a non-event for anyone with a cool head on their shoulders. When it occurred, everyone was left with an equal amount of each coin. If the fork was successful, it would go to the moon, if not, BTC was likely still set to go to the moon. It was only those chasing greed, trying to maximize their funds or with hard-line agendas that felt the need to sell all of one to buy the other. I like to leave room for the chance that I am wrong so I kept both. That's all I'll say about the fork here because that's all that's relevant but I have a few opinions about it. but if you are worried that lumber prices might have doubled in the past several months, that really should seem like a BIG so fucking what for anyone who actually adequately prepared for bitcoin UPpity in the recent years...
Frugal living can be a hard habit to break. You should see my car. But just as you talk about preparing for "uppity", spending more than is needed is similarly antithetical to benefiting from that movement. We are talking about what could be an $8000 shed probably coming out at around $15,000 or more in this market. That's a difference not to be sniffed at. |
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IPO price in dollars. The market is quite "hot" right now with government sanctioned counterfeit dollars. |
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I've just calculated that I can now use my BTC to cover my living expenses for the next 127.2 years!
Should I quit my job?
Might be time to move out of the hollow in the tree? |
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If it looks like it's happening while the US still have about as much power as they have today, there will be a mighty reaction. Bitcoin can't be stopped and we know it, but it can be badly maimed/hampered. One thing is let the Saylors sail, the hedgies hedge, and the Musks musk, quite another is China dumping free falling US debt, or oil suppliers going "btc only, please". I definitely don't want btc to look like a serious balance-of-power threat to usd as it is now.
I think BRICS will make their own play first and I have a feeling it's coming this year. |
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Too bad that you ONLY bought a few bitcoins, you cheap bastard.  We already talked about some peeps who like to brag about their low buy-in prices, but they ONLY bought a small quantity and then just sit on it for the whole time.. sure it could work out fine, but it also could have worked out even MOAR better to continue to stack sats... bringing UP your average BTC buy in price, but also increasing your BTC stash, too. My story is not to dissimilar to your own except I had the fortune to twig to Bitcoin a little earlier. I did continue to stack for a while and played with mining etc but eventually it kinda became like pissing into an olympic-sized pool so I stopped. In retrospect, of course I wish I'd gone all-in at the beginning and bought even more more along the way but to be upset about that would be to soil the amazing experience the last 8 years has been. |
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“ Not a financial advice” Dedicated to all lovers on WO!  Until your wife finds out. |
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This is my life now...  |
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^^^ I certainly keep hold of the keys to my life-saving, life-changing stash. Where it matters.
As for my coffee money, I don't care if they are held by someone else that I should have to trust. It's OK, I trust them. And if they steal my coffee money, so be it. I'll switch to another custodian.
Making coffee-sized transactions on-chain is like using a nuclear-bomb-reinforced safe to store your pocket change. I don't want to add that burden to the network.
That's the way I see it, at least...
Yes, risk vs reward (In fact, coffee purchases are something I think LN *is* suited for). I don't think it sounds like these trades are being made for coffee though. |
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Considering Bitcoin use on the rise in African culture... who are our Africans here? Does anyone have data on this? What I want to know is whether the idea is true that Africans are using BTC for trade via trusted second layers currently. Exchanges for example. That they are NOT trading into a lower fee crypto to trade in. (BCH, LTC, DOGE for example). I am asking how much Africans are choosing to stay in BTC rather than trade in the cheaper less liquid ALTS.
Are we seeing Gresham's or Their's law playing out there?
From my reading I understand they are really staying focused on BTC, and just avoiding fees by exchanging off chain... and if that is true I honestly think this is one of the MOST important things happening with BTC from a evolution standpoint.
While I'm not against true second layer solutions*, I would say that in my opinion, custodial solutions such as this are not really trading in Bitcoin but rather trading in Bitcoin promisory notes and is antithetical to the "Not your keys, not your coins" mantra and also to the principles that even SOV proponents endorse. *Solutions such as LN ensure that at least at some point bitcoins are traded directly between the two parties. |
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It is a serious public health challenge. It has overloaded the healthcare systems in areas that have suffered strong surges. And many of the governments of the world (and in my country states) have made choices on how to deal with it that range from draconian to flippant. But I personally think we have been tilted WAY to the draconian side.
The vaccine *is* new tech, and rolled out without nearly as much testing as it would normally get. It *could* have downstream effects we have not anticipated. I also think mRNA treatments might be the basis for cures of many other diseases we have been trying to eliminate for decades. Also, not everyone needs it.
Basically sums up my position too. |
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Not that we believe that microchip implant bill gates 5G conspiracy theory bullshit, but if we catch the Covid, we can effectively lower the lethality and chances of developing severe symptoms as well as ending the infection quickly by using an asthma spray (i currently try to get hold of).
I understand they can be had reasonably priced on the darkweb. Not that I am endorsing either the inhalers or the darkweb. |
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I think most of us think Stamp is de riguer. Beyond that it's up to you.
IIRC, gdax currently has "so much data your hard drive will fill up quickly" or "way to little data" options so that might be good to leave out. |
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I believe Chartbuddy used to monitor Bitstamp, gdax and bitfinex. I'm still gathering data from these but what would people want to see? Are these still relevant? Gotta say I'm not big on Bitfinex these days cause of tether.
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1) wire money to myself 2) doesn't arrive after 2.5 weeks 3) call bank 4) "we couldn't find the correspondent bank" 5) request return of funds 6) "please come into a branch and sign a form" 7) pay a processing fee of $250 Are we in the dark ages? Banks are already obsolete. https://twitter.com/woonomic/status/1381291246170206208?s=20I'd be requesting a meeting with the manager. Though they're mostly glorified janitors these days, it seems, they can be helpful. |
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I'd recommend getting rid of some of your stuff instead (or as well). If you can't fit all of your stuff into your house, it might suggest that you have too much stuff (although I confess to having no knowledge of your personal situation). I moved abroad and then back again a long time ago and on each move I got rid of about half of my possessions. I'm by no means a minimalist but it's incredibly liberating to only possess those things which you need or which have real meaning or use value. It's crazy that the rental of storage space is a multi-billion dollar industry, fuelled mainly by people's unwillingness to part with superfluous possessions.
I'd agree with you mostly based on his use of the word "store". I too have too much shit but my shed would be to allow me to access it more easily. That and the wife keep putting crap in the room with the VR stuff in. It would also free up two rooms which will likely be needed for other uses going forward. I'll never say anyone shouldn't have a shed though. Just don't waste it with storing crap. Oh, I missed the end of what you wrote so wrt that, I believe they say that if you're paying for storage for most things for more than six months, you'd be better off getting rid of it and paying to replace it if you need to. It's a different calculation for sheds, of course. Edit: Never mind, he wants to store useful parts so that's cool. |
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The next 72 hours are critical? |
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Not sure if on WO someone else also said it before me When you use Bitcoin to buy Tesla in reality it’s Elon Musk who’s buying Bitcoin with Tesla.
Meh, I'm sure Musk has no problem obtaining BTC. This seems more like marketing to increase the value of what he already holds. |
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