Wow, congrats to LFC for the easy win (was practically guaranteed to win), and also respect to Bossian, for being a man of his word and paying up. I may have said some harsh words to you, Bossian, but your action shows honesty and good character. Lesson learnt: never bet against Bitcoin, or you'll be giving away your BTC to the smart guys! |
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WO flooded with trumpolitics, martial law supporters, messages from the future, ad hominem arguments & pregnant GFs (congrats JSRAW!)...
Bull run imminent?
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Don't ever argue with conspiracy theorists.
They have aliens on their side.
You don't stand a chance.
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I can tell anyone here, once you have enough bitcoin to buy a Lambo ten times over, not only will you *not* want one, you also realize that it would be huge mistake to buy one.
If I could afford to buy ten lambos for cash I will probably end up getting a Toyota or a Honda ... You could get a Corolla or even Camry or Civic depending on your tastes and have a lot of fun with it without worrying what you'll do for a few years down the road. I already have a Toyota, and loving it. I wouldn't go near a Lambo, even if you paid me. I hate this brand of cars. And, strangely (or not), I tend to dislike Lambo owners too. The few I've met were arrogant, ignorant, uneducated, "thick" types, that just wanted to show off their wealth. Not my type. |
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"Bitcoin moves nearly half a million dollars in value around the globe permissionlessly every second. It was never about transactions per second and coffee. It's all about value transacted per second and a new financial paradigm." https://twitter.com/Excellion/status/1333966283876954113Contains nice visualization comparing BTC to BCH, ETH, LTC, XRP. |
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"First they ignore you..."
More big players like Larry Fink will come. Michael Saylor was one of them too.
Hell, many of us were too! I was. Not like this, I always liked Bitcoin as a concept, an idea, an innovation. But I only bought 0.5 BTC for $110 in 2015, when I had fiat readily available to buy more than 400 BTC at that time. I only bought 0.5! Why? Because I was scared. Of course, all of the fiat I mentioned have now been fully converted to BTC, but spread over many years of buying and HoDLing, up to 2020. Result: I ended up with a fraction of the amount of coins I could now have. Same holds true for Saylor and the rest of the naysayers-turned-supporters.
Lesson learnt: early bird gets the worm — got to be brave, to take risks, to not chicken out. I chickened out. Just like Saylor and many others.
The same will happen to many of the current newcomers who, again, will not buy as much as they can, because they're scared, or because "it's too expensive". And they will make a post similar to this in 5 years' time. Rinse & repeat.
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Anti LGBT politician escaping a drug, 25 men gang bang party through window/roof hatch when police arrives What will his wife a Constitutional Court judge say when he gets home? https://www.youtube.com/watch?v=jN77Pr5h0ec coming soon: Divorced, sued, f*cked. Maybe not in this particular order  btw.: have you read about the "fine" €25 for each "partycipant" and €75 for the host (for not following covid orders) Equality, right? But remember: Some are more equal than others
Very cheap. Think of it as an entry ticket to the party. A good encouragement for other groups to hold parties. Nice! |
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Just received this email from Kraken: Hi { my first name}, A $250,000 Bitcoin in 2021? Excitement is in the air, prices recently hit all-time highs and our latest Kraken VIP sentiment survey reflects the many ways professionals are thinking about how the cryptocurrency sector might evolve in the year ahead. In the new survey, Kraken VIPs – a diverse mix of brokers, custodians, family offices, hedge funds, market makers, miners and traders – share their insight into the state of the market heading into 2021 for any investor seeking an edge. Indeed, while prominent funds and investors like Michael Saylor and Paul Tudor Jones have made bullish bets on bitcoin in recent months, that’s not all that is exciting our VIPs. By downloading Kraken Intelligence’s latest report, you’ll gain insights into their preferred price targets, investment convictions and general sentiment on the state of the market. We explore: [ ... removed altcoin talk ...] Optimism Ahead – Institutional adoption is driving bullish sentiment. Nearly 70% of our respondents believe we are now in a bull market and believe that innovation and positive regulation will boost their investments in 2021. Price Targets – Our VIPs offered bullish forecasts for bitcoin and ethereum in 2021, with high-end estimates for their price appreciations topping $250,000 and $15,010, respectively. Respondents are optimistic that next year both cryptocurrencies will provide at least 175% returns from October prices. [ ... removed DEFI talk ...] [ Download Our Full Survey Here] |
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Regarding frugality: once you go frugal, it is difficult to come back...everything looks darn expensive, causing buyer's remorse.
On the other hand, giving descendants a 50-100 year rein in luxury-why bother? Nothing productive comes out of it, typically.
As for how much to pass on to your kids, Warren Buffett once offered a good rule of thumb: the perfect amount to leave to your kids, he told Fortune in 1986, is "enough money so that they would feel they could do anything, but not so much that they could do nothing." Source: CNBC Make It |
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t is the ultimate marshmallow challenge. Many of us have lowered our time preference so much we are just not going to let go of much even when it does go up quite a bit.
For me personally the formula revolves around comfortable retirement and a little diversification into property. I just don't want to spend much money on stupid shit, or even living large. And I am acutely aware that the longer I wait the more I will be left with in the end.
That is where the real crux is, in my opinion. Where that point is for each whale/minnow.
You sir, are very wise. Anyone not following a similar recommendation/approach is going to end up with massive regrets before they die. I see so many here joking about blowing their bitcoin "winnings" on fancy cars, frivolous shit and such, and inwardly I know some of them aren't really joking. Except it wasn't Wekkel that said this, it wad cAPSLOCK... Wise words nonetheless... |
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It's $1000 we're talking about.
Give it another 3 months. Oh yeah... Poor Bossian... BTW, what just happened? Is Bitcoin dead? |
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I feel for mindrust too. Jokes and memes aside, it's not a good situation to be in. I hope he's secretly bought at least one piece of corn, and has not yet transformed into a r0ach-like entity due to bitterness and hatred.
As for Bossian, it's easy to talk, but tough to act. It's $1000 we're talking about. He'd better pay up, or NEVER set foot in WO. Ever. Fucking stupid, dishonest joker.
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Appointment with the dentist... Got to disconnect...
$20k+ when I'm back!
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I have a confession to make.
I always fantasized about proudhon being female. Like "Proud Honey" so to speak.
And now I really want to... you know... with her.
Where is she?
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LOL @ Bitstamp USD ATH broken by $1.  By $1? Check again! |
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Feeling horny right now...
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