Observing the charts:  We all know how it ends... HoDL. |
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Yes! 10k € conquered (again)!
Thinking of the time when the numbers in our posts have one extra digit...
Man, it's just too mind-Bogdanoff-boggling to even imagine...
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Looks like 10k € is coming very soon.
Unless we Bart.
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Not into drugs. Not even into alcohol, despite the forum nick.
But...
I so vividly remember the very first time (one of the very few times) I've smoked cannabis. 1st-year uni student, in my girlfriend's dorm room (she wasn't even my girlfriend then), together with 2 more couples. Some lying on the bed, some on the floor, passing joints between us. Nirvana playing loud (on a cassette tape!). One of the best experiences in my life. I will never forget it. And her. Don't know where she is now. Wish I could meet her again. Sweet, kind, free girl.
Memories...
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Albert Einstein said:
"Gravity is not a force."
And space-time was bent!
Nakamoto said:
"There should be no need for trust."
And Bitcoin was born!
Science does not lie.
6 experiments per hour,
10+ years non-stop!
Confirming to all,
How smart we were when we bought,
In twenty-fifteen.
Friends called us crazy,
Governments called us pedos,
We call them stupid!
To those who cannot...
...see what's in front of their eyes,
I've one thing to say:
"If you don't get it,"
"I don't have time to try to..."
"...convince you, sorry."
#7science&mathhaikus
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Went in, long and green,
Quickly came out, all bloody...
Anal sex virgin!
#nohomohaiku
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Certainly raised a smile... Edit: It's hard not to be a fan of a guy who simply takes his (listed) company's cash pile of hundreds of millions of dollars and puts it in Bitcoin. Very true. In fact, had many of us (including myself) put most, if not all, of our fiat in Bitcoin years ago, we would now be orders of magnitude wealthier. You've got to take risks... Smart guy! |
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Meh, when 12?
Wait your turn, 10k EUR milestone first!  Soon man, soon. Before the end of the weekend. I did hope you'd be right, but no. I guess that we are simply too bullish... Yeah, I hoped so too. It was a SOMA guess, as all such guesses are. We'll get there soon. I think 2021 will be a Carolina year. HoDL. |
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Meh, when 12?
Wait your turn, 10k EUR milestone first! Soon man, soon. Before the end of the weekend. |
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[...]
Thanks, AlcoHoDL.
Thanks Jay, for your long (as always [saying this in a good way]), but thorough and merit-worthy reply, I appreciate it. We are in agreement, and there's no need (for me) to reiterate what you already know. Since we are posting in a public thread, sometimes as a courtesy, we (royal) do post some of topical matters in more detail than necessary for the benefit of others... so a little repetition tends to play out from time to time for those of us willing to bear such repetitions... Of course, there are quite a few regular WO peeps who I have pretty decent confidence (faith) that do "get it" but every once in a while we witness surprises, too... mindrust.. cough, cough.. .. and also, face-melting BTC price moves or even long-ass periods of seeming irrational BTC price performances, sometimes can cause a few of us to enter locations closer to our psychological limits than we would prefer to acknowledge. Just to clarify, my above highlighted text (in green) was not directed at your quoted long reply, but rather, it was meant to explain my very short reply to it (i.e., I don't need to reply in detail, since we are in agreement). Your reply was long (as always [saying this in a good way]), but well-written, and would deserve a longer answer, but I'm just far too busy with RL matters, so I just wanted to tell you not to take my short reply the wrong way... |
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(...)
I seriously worry about being able to "cash out" when "fuck you" rich. I fear that, by that time, all the cameras, guns, machetes, rusty pipes and what have you, will be pointing at us HoDLers, even going so far as to label us criminals, DPR v.2 (or is it v.3?), or some other "guilty-until-proven-innocent" accusation. It all depends on how "accepted" Bitcoin will be at that point. And, as you know, timescales in Bitcoin time are very short, meaning that we'll know quite soon. It's all good to imagine an ideal world where TPTB have accepted and even endorsed Bitcoin, but I don't think this will be an easy battle. We may win, but there will be blood.
Of course this "cashing out" may not even be necessary, if things play out in Bitcoin's favour, and BTC (or satoshi, or whatever fraction of a satoshi results from a 2nd layer solution, should 1 BTC > $1M) ends up being usable in buying everyday goods and services. This would be an ideal situation, in which BTC's intrinsic value stays in the BTC realm and we directly use it to survive (food, shelter, Lambos, hookers, blow, the usual necessities). But, somehow, I don't think it will be that easy. Not when the establishment sees their power taken away. They won't surrender without a fight.
My advice is to be prepared for any possible outcome. Personally, I'm more exposed to BTC than I am to more traditional investments, but I can surely survive (and ever enjoy the occasional little pleasures—but nowhere near "fuck you" rich status) without touching my BTC. I just follow the "invest what you can afford to lose" motto, while at the same time supporting and firmly believing that Bitcoin will succeed.
In short, as Bitcoin's value is rising, my feelings are bittersweet. Sweeter than bitter, of course, but there's always that aftertaste you get when chewing a dirty piece of paper...
(...)
Alcohodl, it is ok to get fkn rich due to years of hardened bitcoin hodl. you don't need to be scared. you earned it and folks will admire you for it. I doubt that bitcoiners will have to fear getting robbed more than the casual millionaire next door. you deserve it because you went down the rabbit whole and put money in some magic internet money shit when everyone laughed about it. you helped this revolution get ignited, you carried the torch in a critical time of its existence. when it was vulnerable. the bitcoin KI will not forget you and will reward you royally. it will be easy. the difficult times were the gut wrenching multiyear bears. the next difficult times are now. but the future is bright, bro. and.. how do you sleep with less than 90% bitcoin exposure?  Thanks man, I appreciate the comment, which applies to most of us here. About exposure, yeah, this is the only thing I'll regret when we moon. The fiat I could've invested in BTC, but didn't... Well, it is what it is, now I'm in HoDL mode and will wait it out. As LFC says, we may get there next year. I'm OK even if we get there in 2022-2023. Of course, "getting there" means different things to different people. For me, it means BTC = $100k. I do expect BTC to reach far higher values than this though, even reaching $1M and beyond. We'll know soon enough.
[...]
Thanks, AlcoHoDL.
Thanks Jay, for your long (as always [saying this in a good way]), but thorough and merit-worthy reply, I appreciate it. We are in agreement, and there's no need to reiterate what you already know.
You guys are lovely. Wish I knew you IRL. OPSEC is a bitch! #nohomohaiku
Edit: Added comment to JJG's post, and a haiku for you fucks! |
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Well, I don't know about Lambos, but McAfee appears to have sorted the "hookers & blow" part. That's something... I hated that guy the moment I installed McAfee Anti-Virus on my PC several decades ago... |
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[edited out]
Karartma1, I don't think you need to abandon ship. Let's wait and see how this plays out. It's all good to have total freedom to do whatever we want, but do you remember how Elwar's seastead ended up? We've got to tread carefully, or my statement "we'll end up filthy rich, but unable to enjoy our riches" may come true. For sure, if we are feeling overexposed to bitcoin, maybe we cut back on our allocation a bit. But, even with various negative news like this, it remains difficult to figure out where to better put your money, and even if there might be some justifications, based on recent news, how to better allocate. Of course, each person has to decide for themselves the extent to which they might be over-allocated in bitcoin, and also if s/he might become a target of governmental actions and/or overreach based on his/her own situation - whether that is being accused of some conduct that s/he did not consider to be against the law.. but sometimes safety measures may well need to be taken in regards to where to hold stash and how much of the private keys are kept off line. I personally find it can be quite difficult to attempt to sell BTC directly, especially if we start to get to very large numbers, in the future, so in that regard, it is likely better to have some arrangements with traditional institutions to be able to have avenues to liquidate portions of your BTC stash from time to time and also reporting on taxes, consulting with attorneys and accountants and things like that could be helpful too. If any of us are pulling out anything approaching fuck you status levels, whether that is a million or more or even in the territory of $6million or more, then we may well need to have some of those liquidation relationships because it could be much more difficult to operate peer to peer with those kinds of quantities, and then might we be interacting in circles that might end up causing questions to our own actions, too - even if we personally believe that we are trying to stay above board with every one of our actions. I seriously worry about being able to "cash out" when "fuck you" rich. I fear that, by that time, all the cameras, guns, machetes, rusty pipes and what have you, will be pointing at us HoDLers, even going so far as to label us criminals, DPR v.2 (or is it v.3?), or some other "guilty-until-proven-innocent" accusation. It all depends on how "accepted" Bitcoin will be at that point. And, as you know, timescales in Bitcoin time are very short, meaning that we'll know quite soon. It's all good to imagine an ideal world where TPTB have accepted and even endorsed Bitcoin, but I don't think this will be an easy battle. We may win, but there will be blood. Of course this "cashing out" may not even be necessary, if things play out in Bitcoin's favour, and BTC (or satoshi, or whatever fraction of a satoshi results from a 2nd layer solution, should 1 BTC > $1M) ends up being usable in buying everyday goods and services. This would be an ideal situation, in which BTC's intrinsic value stays in the BTC realm and we directly use it to survive (food, shelter, Lambos, hookers, blow, the usual necessities). But, somehow, I don't think it will be that easy. Not when the establishment sees their power taken away. They won't surrender without a fight. My advice is to be prepared for any possible outcome. Personally, I'm more exposed to BTC than I am to more traditional investments, but I can surely survive (and ever enjoy the occasional little pleasures—but nowhere near "fuck you" rich status) without touching my BTC. I just follow the "invest what you can afford to lose" motto, while at the same time supporting and firmly believing that Bitcoin will succeed. In short, as Bitcoin's value is rising, my feelings are bittersweet. Sweeter than bitter, of course, but there's always that aftertaste you get when chewing a dirty piece of paper... Ok. I watched that clip. How come when they left, they did not take the briefcase with them? Am I missing something? By the way, I had never seen the whole movie, so surely I must be missing something about the meaning of that briefcase. Also, why was the one cowering black kid spared? Travolta's character goes up to him in the end of the clip, and he asked why they were not told about the guy with the BIG gun who was hiding in the bathroom, and the kid does not answer - yet he was spared. The briefcase is an enigmatic element of the movie, that is open to interpretation. I won't give you mine, since you haven't watched it yet. But you should. I'm a big fan of Quentin Tarantino, so my opinion is surely biased, but I do consider it one of the greatest movies of all time. The first time I watched it was with my (then) girlfriend, back in 1994. She hated it, and we even had a somewhat heated discussion about it. Could it be more appealing to guys than girls? As for the kid being spared, my guess is that it's Samuel Jackson's way of thanking God for His "divine intervention" which saved their lives. BTW, the scene whose YouTube clip I linked to, is not a continuous scene. In the actual movie, it's split and its parts are shown at different times. The YouTube poster has joined them together in one continuous clip. Another thing that will probably be irrelevant to most, is that Tarantino is a hardcore film fan, and insists on shooting his films on real film (no digital cameras involved). A true cinema lover, in its original media, with all its quirks that give true movies that special appeal. Edit: Corrected typo. |
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I triple dare you!
English. Do you guys speak it?
You motherfuckers!
And I will strike down Upon thee great vengeance andFURIOUS ANGERAnd you will know myName is the lord when I layVENGEANCE UPON THEE!- Book of Scientology, Chapter II: "Ron's Crazy Dream", page VI, paragraph III Perfect. Just perfect! |
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nully and nutty
sitting in a tree. k.i.
s.s.i.n.g
How dare you.  <--- famous communistChange is coming, yo Whether you like it or not. How double-dare you. I triple dare you! English. Do you guys speak it? You motherfuckers! #haiku
#thisisjustajokenotmeanttooffendanyoneyoumotherfuckers |
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On the Bitmex drama, my thoughts. Some bitcoin companies are like lab rats: they have been left alone to experiment things that one day will become part of the new FINancialTECHnology world. Take Bitmex: bringing futures to the next level right? or finex or any other. Then they come and tell you, hey boy, this is our territory, how do you dare? And then they publicly admit that "Digital assets hold great promise for our derivatives market and for our economy". Yeah, right? Thumbs up to 600watt, somac. for https://bitcointalk.org/index.php?topic=178336.msg55302340#msg55302340Although, IMO, institutions will find a way to get into Bitcoin without an ETF. We've seen however, that in the last months despite the huge purchases, the price didn't move as much as it should. The only logical explanation is of course the fraudulent shorting using Mex and other not well regulated exchanges. There is also a non logical explanation. As we are normal people here, carefuly thinking about every detail, we tend to forget that there are people who are not like us. Take for example Las Vegas - how many addicted people are in the casinos losing all the cash they bring in their pockets! The same is with the addicted daily traders, who can't be called manipulators, but like vicious brainless piranhas eat the price down until their stash is gone in an endless stop loss chase. The removal of Mex shorters will tip the balance against the piranhas and in favour of the natural growth. So I applaud the CFTC action and hopefully it will shut down Mex and put their owners and other money launderers in jail, where they belong! I don't necessarily agree even though it looks like my post allowed you to get a merit boost (and I am overall surprised by those who merited you the most).  I will keep my position and see how all this will unfold. I am more conscious than ever that only dexes, layer2, coinjoins, LN and such could allow us a bitcoin true experience. If what you wrote will prevail, I will probably start to abandon the ship. I don't applaud the CFTC But we are friends anyway Yes, there will be dips.
Yes, there will be peaks.
Yes, there will be pumps.
Yes, there will be dumps.
Just Zoom OutTM, chill, and have a beer!
If you're scared about a dip, you need some HoDL training...
Don't give them your coins.
A rusty nut won't budge, and that's about the only good quality of a rusty nut.
HoDL.
Sure man, I am like you on this. But, what I am seeing coming from the regulators is making me thinking (just have a look at V8's post up here). Maybe I am a bit naive but I don't want to become rich at the expense of my freedom, if you get what I mean.  I know I should elaborate more but I am confused. I hear you man, I'm concerned too, that we'll end up filthy rich, but unable to enjoy our riches... No joke. Karartma1, I don't think you need to abandon ship. Let's wait and see how this plays out. It's all good to have total freedom to do whatever we want, but do you remember how Elwar's seastead ended up? We've got to tread carefully, or my statement "we'll end up filthy rich, but unable to enjoy our riches" may come true. |
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COVID-19 has now become a fashion symbol, and {P,FL}OTUS just follows the trend. Should boost their popularity. LOL!
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