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Here is gist of it...PTB cannot hold their wealth in rapidly inflating fiat..it's just a fact, everything else is secondary.
I choose bitcoin to have some say in my monetary situation.
All those worries about poor consumer 'protection' are as fake as it gets.
5-6% inflation, 0.01% in bank deposits interest. Is there something wrong with these numbers, lol?
Pay us on cash deposits, and NOT in 2024!
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Good idea to discuss bitcoin, but bs projection of "before" to the "future". Too many factors are in play to calculate the course. Would I be happy with 4-5X more in the next 4-6 mo. Sure. What are the chances? 50/50 at best..based on my "black box" calculations  . |
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BTW, many covid vaccines are NOT mRNA based, so that argument (about gene therapy) in some countries is not even valid.
Talking about cores. The current other non-mRNA vaccines like AZ and J&J work similar. Like the mRNA ones they make your own cells produce spike proteins. They have an extra step compared to the mRNA vaccines though: DNA gets into the nucleus (cell core). The gene for the coronavirus spike protein then gets read by the cell and copied into mRNA. The mRNA leaves the nucleus, and the cell’s molecules read its sequence and begin assembling spike proteins (like the mRNA vaccines):  The New York Times - How the Johnson & Johnson Vaccine WorksThe Novavax COVID-19 vaccine candidate for example grows the spike proteins in a lab, which might be interesting to explore in case you don't like the above still experimental stuff but eventually want a vaccine. In talking about some countries, I was mostly referring to the killed virus vaccines, such as Sinovac (widely available in some countries in Europe, Asia and Latam). It is less effective, apparently, but completely traditional. Novovax-this one should be OK, imho, as long as there are no contaminants (in lab grown antigen). https://www.immunology.org/coronavirus/connect-coronavirus-public-engagement-resources/types-vaccines-for-covid-19 |
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"Trust the science", they say?
Well "the science" shows that a vaxxed and an unvaxxed person can carry and spread the CV19 virus equally just as well. And a vaxxed person can still contract the virus at a later point. In fact, there is a very good chance that a vaxxed person would likely contract the virus from another vaxxed "asymptomatic carrier" around them, who is more likely to break social distancing rules because of a false sense of trust and supposed minimal symptoms.
So if they feel protected, I'm still left wondering why the vaxxed care so fkn much about what the unvaxxed do again?
I've even seen a vaccinated person who claims to understand "the science" take a step back from someone who said "I had Covid, but I'm fine now because I have natural immunity!" Talk about fkn delusional behavior.
Pupils in here schools are tested three times a week. Positive pupils are home-quarantined if they are not vaxxed, the vaxxed ones are returning to their classrooms. By all means of science. What is telling you this? In essence: SARS-CoV-2 is no more something to be afraid of, it's something "we" (they) want (us) to have. With such high infection rates as with the Delta variant, mutation is mandatory, as well as if the vaccines keep 90% (decreasing over time) from severe symptoms, there will be a wave of fatalities mostly among unvaccinated, followed by a wave of vaccinated deads, because the spreading and mutation will finally be over 10x as high as of past times, with most cases low- or asymtomatic. EDIT: Let that sink in: The politicians that tell us they want to avoid another lockdown at all cost are basically driving us into the next one, with the help of their vaccination campaign. Sane minds still seem to be rare. Sorry, i did not get that first paragraph at all. In a very complex situation where there are both vaxxed and non-vaxxed and also those who had the virus "naturally" projections are difficult. My take would be that sooner or later everyone would have the "natural" covid IF the virus changes toward higher particle production (as Delta already did). In this situation having either a prior strain infection OR vaccine should be beneficial. If, however, there was no prior vaccination OR infection, Delta could be quite heavy. One thing, but just my personal opinion: if I ever get a boost, I would prefer it to be conventional (protein-based) vaccine...just in case. I am not concerned about RNA per se, but have a slight worry about producing antibodies against RNA (for reasons that are a bit too complex to discuss here). I know that they took measures to greatly diminish that chance, but with serial vaccinations..who knows. |
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Lol. How does it feel being a self-righteous prick?
I'm merely stating fact. You think that's informed consent you have? Stating a fact or asking a question? They are two different things, Bob. Again, what does it feel like being a self-righteous prick? From my perspective Bob is not being a self righteous prick. But you really, REALLY are. I personally have taken the vaccine two times. But I also have respect for people to CHOOSE NOT to take an experimental gene therapy that HAS NOT been studied to know all the possible downstream effects. It is and entirely sensible position. The actual INVENTOR of the mRNA therapy is on record saying over and over that this use of his invention could be dangerous. If your brain is incapable of seeing the argument of someone you disagree with and instead call that person names then it is YOU, not them, who are in error in my opinion. I do not like using the ignore button but this is getting very close. I am OK with people either taking or not taking the vaccine. BTW, many covid vaccines are NOT mRNA based, so that argument (about gene therapy) in some countries is not even valid. The risk of NOT taking the vaccine and then falling very sick is not zero either. It depends on many genetic and environmental factors that we currently don't fully understand yet. One thing: if you DO have breathing problems already, then take some vaccine. My son's friend with a breathing pre-condition died from covid recently...wanted to take a vaccine, but never got to doing it...early 20ies. I am also OK with people not wearing masks in the open, but if there are 20 people in the room with no ventilation, maybe a mask would be advisable. In my state people are not mandated to wear masks, but if you ARE coughing, and in close quarters, it's just common courtesy to wear some protection. |
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BTC is going to go up soon..
In other news HOLY SHIT GUMBO IS GOOD!!!
Omg!!
My first time in Louisiana and holy shit gumbo is amazing!!
How did I live without this before??
My whole life was a lie!!
Try "Turtle soup au Sherry" at "The Court of two sisters" in New Orleans. It was amazing a few years back when I tried it. |
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Thiel would be fine by "busting" his 'income' to below $400K. Not sure what would happen if you are generally below, but then take lots of profits (or mine a lot) one year and you are suddenly above $400K. Would your IRA be immediately busted (if it is above $10mil) or not? My read is that it would be. 50% of value above $10mil would become immediately automatically withdrawn, and, of course, taxed at 39.6%. That would be true for IRA, but not for ROTH since Roth distros are not taxable (so far  ) People have Roths with +$10m? That's a crazy return rate given the low yearly contribution limits. The whole law is in response to P. Thiel having a $5bil Roth. That's what happens when someone puts his VC investment that were worth pennies into a Roth. That said, you can currently re-characterize from IRA to Roth (and pay taxes at that time, but NOT years later). |
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Do you have any lingering after effects?
Just mild malaise and fatigue, but probably not unusual consider what my body just went through. The headaches were the worst of the lingering symptoms, and those ended a couple days back. Yesterday felt like my first "normal" day since I got sick. Glad to hear you are over it and have the natural immunity now. I got the Delta last month and had a similar timeline as you but with somewhat milder symptoms. I was feeling great after less than 2 weeks but still had the urge to sleep a ton for the third week. Zero lingering effects after that. Studies are showing the natural immunity to be superior to vaccines and I like knowing I have my sweet sweet bone marrow plasma cells lying in wait for any new variants that may come my way.  https://www.nature.com/articles/s41586-021-03647-4China, I was not impressed with your little concoction. You are gonna have to cook up something stronger if you want to take me out. you think that China is reading this board.. I digress. |
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Constantly fiddling with retirement accounts structure is not very fair: first they give us the rules, then they change the rules as they see fit. Now, apparently, $10 mil is too big of a number. Now it is kind of big, but it won't be in 5-10 years, but they would never INCREASE the allowance: witness capital loss of $3K that never changed since many decades ago. https://www.cnbc.com/2021/09/17/house-tax-bill-would-likely-force-peter-thiel-to-pull-5-billion-from-his-ira.htmlThiel would be fine by "busting" his 'income' to below $400K. Not sure what would happen if you are generally below, but then take lots of profits (or mine a lot) one year and you are suddenly above $400K. Would your IRA be immediately busted (if it is above $10mil) or not? My read is that it would be. 50% of value above $10mil would become immediately automatically withdrawn, and, of course, taxed at 39.6%. That would be true for IRA, but not for ROTH since Roth distros are not taxable (so far ) |
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Have you lost your sense of taste or smell?
Did not lose either my sense of taste or smell. Rick lost his sense of taste for a few days, however. That said...are you an Apple or Android family? jk....well wishes to both of ya. |
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@jjg:
"sure someone like you, Biodom, remain so damned whiney about this whole BTC situation because you had never really been too bullish about bitcoin, including your somewhat whimpy allocation of a lump sum investment of around 20 BTC in 2015"
oh, my...that was just an EXAMPLE to calculate something.
"I am not even proclaiming that my 0.63 BTC stash competes with yours, but I am saying that I had been employing the proper, substantial and meaningful tactics along the way."
It's not about the amount, it's about understanding bitcoin mechanics beyond coinbase, binance, kraken account.
You seem to lack such knowledge and, therefore, whatever you say, you cannot possibly call yourself an expert and "slap" people around.
As I said before, you are in "not my keys, not my bitcoin situation"...only slightly better than mtgox.
Continue to accumulate fiat that is inflating at 30% a year as you please, but spare us the "big brother/sister talk"...at least most of the time.
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W0ah, New Poll !!!
should have had a third entry: Good enough AFTER taproot. |
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A few more gaffes like this, @jjg 'girl', and people might start to have more doubts about you.
If all you did was buying the ticket "bitcoin" on coinbase and 5 more exchanges and then exchange the former for USD, than I would say that peeps should hear NOTHING from you and slap YOU instead.... You are, basically, a fiat "person" (pretending to be a bitcoiner) with "not your keys, not your bitcoin" situation.
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Jay, can you not recognize a Bitcoin address when you see one or something?
to a hammer everything looks like a nail...sometimes i wonder as he/she often talks about bitcoin in PURE theoretical sense, like about an immaterial idea. Most people checked the software, mined or tried to, run a node, etc, but NOT him/her. Hence the software (bot) suggestion, but i rejected it because it would be too darned faulty. Albeit not recognizing a btc address (despite writing a couple 'dissertations' here about it) and not knowing that you cannot literally shoot the virus makes me go...hmmm. |
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are there any situations when having battery in, but phone off can affect anything?
A genuine question.
if the battery is in, some part of the phone is on, even if its just something that looks for the power button to be pressed. who knows what else could be powered but "dormant" waiting for some trigger. no battery is the only way to be sure its really, really off instead of some kind of "soft" off mode. I have a whole list of similarly hardcore user/consumer protection laws that I dream of. One of my faves is "Any data not strictly necessary to carry out the user's command sent out from the device by your program/app will cost you. The user gets to price the data by the byte. If you get sued (and be sure you will, there's real money involved), it's the laws and courts of the user's country that decide." This would include even benign cases such as an app checking for updates without the user's direct request. A man can dream, right? You may say I'm a dreamer But I'm not the only one I hope someday you'll join us ....And the world will live as one J. Lennon |
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But you should have $1000-$2000 on your phone if you have a lot of $$ and they find zip on your phone it looks shady . They may go $5 wrench to unlock your phone and you do not have a dime on it.
My father-in-law owned a bar he went home with 3 bank rolls.
He would use 1 for the nervous thief
He would use 2 for the calm thief
and he had the third ready for the really smart thief
He never needed the 2nd or 3rd bank roll.
I understand the principle, but I personally don't have anything on my phone except pictures and emails, perhaps my online bank accounts (which still need a password), but no bitcoin or other crypto. That's not so strange I think. I mean, if you get mugged and you have maybe $200 in cash on you, they will take your money and they may take the phone (which they will just sell anyway) but they're not going to bother finding out what is on that phone. I take that one step further. I never keep anything important on my phone. Absolutely nothing to do with banks or money. No emails. I delete all Whatsapp/Signal/Proton messages. Yes, I use Mycelium to sweep addresses and then transfer the funds immediately to other addresses. Nothing is left on the phone. All phones are vulnerable. It's getting harder to find phones with removable batteries. My SIM-card phone is an ancient Samsung Rugby flip-phone with removable battery. My Android phone has no SIM card and I connect it manually. Better safe than sorry. good practice...less practical in some situations, but good nevertheless. are there any situations when having battery in, but phone off can affect anything? A genuine question. a funny thing: SEC is not OK with people earning 4% on Coinbase LEND project, but, apparently, OK with Coinbase trading a shitcoin of shitcoins, where 100mil tokens cost under a thou. Bwa-ha-ha |
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47 is back  |
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For bitcoin:
10X is attainable within relatively short time period (maybe 4 years or earlier as a spike)
100X is attainable over 10-15 years.
Overall, bitcoin looks like AAPL in Sep 2016 (coming off a peak and inching toward ATH).
AAPL did 5X the next 5 years. We could do much better.
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