@Hairy, what’s your prediction for $100,000, as in time frame?
13 September 2021  Oh yeah I forgot to mention. We are pretty much about the level we should be at, at or just before the halvening. |
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Damn, I will have to wait for too long to see bitcoin falling back to $5000 range, or it might never fall back to that range. However, I decided to invest half of my fund to bitcoin three months ago, and actually took profits all. I just have a small regret that I did not invest all my fund into bitcoin. However, for now, I feel I made good decisions to take profits in bitcoin and use money to buy altcoins. I wish you all have a happy week with the bitcoin ride  imho selling all btc during btc bull season for shitcoins is dangerous. "alt season" is hopefully gone forever. none of alts of the endless shitcoin list on cmc has achieved anything regarding "better tech". bitcoin achieves more every day. if i would be in your shoes i would re-enter in btc and put 80-90% of that stash in cold storage. with the remaining 10-20% you could try to gamble around at the shitcoin playgrounds. if alt season is coming, you have exposure. if not, you have bitcoin. bitcoin is aiming towards $100k in the next bullrun. shitcoins are aiming towards rekt city. take care. Hear hear. FOMOing in and out of shitcoins may gain you fiat but it screws up your capital gains tax exemptions and you pay a fortune in exchange fees. Most people come out behind unless they are very very good. Less is more. |
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Ok am also down with digital gold
If fewking WoW gold can hold its value in fiat*, so can Bitcoin
*yes I know it’s inflationary you nerds
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"Seems we are not seeing 8,5k anytime soon :-/"
Seems we are not seeing 8,5k anytime soon :-) $8,500 was like a blip on the radar. Almost missed it, if not paying attention, but logically, anyone should have understood in order to get to $8,939 from $8,027, would have had to pass through $8,500 at some point, no? Unless magical internet money does not need to pass through $8,500?  Well it could gap up... unlikely but don’t put anything past badger |
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Jesus what a pump Wake up hodlersss!!!!! I'm I'm up, what the fuck happened  I went to bed very early last evening. GOOD MOOORNING !!! Just an ordinary day, let's just get ourselves used to it as the trend have already change, I already feel the bull run. I like the price I am seeing today and was happy, but not surprised. I have no shame in admitting that this is a pleasant surprise |
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Wow. I am squarely in C. Don’t really care about the other theses. But never seen it so eloquently put. |
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ATH in 10 days!!!  That’s that’s that’s not how it works |
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I guess the weekly closed in green then
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The sun is shining
Honey badger is pumping
Pretty girls all around
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A more affordable version  |
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There is quite the gap between absolute and relative, relatively speaking.
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Just wondering have you ever need to use it?
Never had to use it, but there was one situation where I had to make a motion towards my sidearm and command someone "Stay right where you are and don't come any closer" to stave off a situation from possibly escalating to something worse than it could have been. Was top-down in my baby, and another brother was approaching me on foot, with ill-intent on the face. I hope I never, EVER, have to legitimately brandish it in defense of myself or another. EDIT: Meta: Situational awareness is a helluva thing. I'm wondering if that's subtly one of the reasons for anxiety in people. Brain is working in overdrive to constantly analyze nervous-system input, and that can be taxing on your serotonin, dopamine, and norepinephrine infra. You could move somewhere safe. Just sayin... |
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If your company is cash rich and the market is undervaluing it, it’s a perfectly legitimate approach.
I have seen companies with more cash at bank than their market cap in a financial crisis. So fuck em, buy back as many shares as possible. Everyone benefits.
Hairy, so much wrong with you conclusions I don't even know where to start. If a company is that cash rich, they should use that cash for reinvesting CapEx, trying to grow the company into new markets, and most importantly giving their fkn employees goddamn raises and bonuses for their hard work!  So no, not everyone benefits but the executives who base the majority of their compensation on stock share sales. Also the market isn't undervaluing these companies. Their excessive, unrelenting stock buybacks obfuscate and undermine a free market and trying to find true market value. I have just been called out for being excessively capitalist. Enjoying this. |
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Well to be fair a majority of every day stock buyers have zero fucking clue how the market works. If your company is cash rich and the market is undervaluing it, it’s a perfectly legitimate approach. I have seen companies with more cash at bank than their market cap in a financial crisis. So fuck em, buy back as many shares as possible. Everyone benefits. |
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Took our first steps toward energy independence today with a Tesla Powerwall.
I'm observing Powerwalls too. waiting for solar but have already prepared most cabling. Natural gas to be replaced with heatpump too. If a full Powerwall doesn't get you through the night you need to seriously look at your "base load". I have seen radio's pulling 18W in standby (157 kWh/year) and microwaves using 8W to show the (wrong) time, Desktops using > 5W when off and floor heating pumps drawing 95W 24/7, even when not used in summer. At night I have: 12W 12V outdoor LED lighting (9 x 1.2W running from a single high-efficiency adapter) [edit: corrected] 4W internet modem/wifi (with all status lights disabled) 18W freezer, 75W with about 25% cycle time. 10W fridge, 65W with about 15% cycle time. 8W standby central heater (I turn this off in the summer unless I need warm tap water) 5W phone charger (10W for half a night) Total: 57W night-time usage. a single 13.5 kWh Powerwall would last a me a 236 hour night. Oh wow. We oscillate between 200 and 500W night time usage. Never go below 200W. Much of it is various security systems but I am curious as to what our fridges are consuming. The beer fridge is quite old and might be an energy hog. You have got me interested. I will run an audit on what everything is consuming. So I wasn't sure if we would make it through the night but we did, including running a load of clothes through a washer and dryer. Now the solar is starting to kick in again and we are on 17% on the battery so we shouldn't need to draw from the grid at today. I'm guessing the battery would be over 40% if we hadn't done the clothes. Warm climate here so heating isn't an issue. We run a heat pump maybe five days a year. AC is a challenge in summer but the solar panels are screaming through production in the full sun so we are heavily exporting even with the AC on full. AC at night time may require some balancing to avoid having to import.  It’s a good point. It’s currently attached to the outside of house and has cameras on it, not that that is likely to help.
Safety comes primary from a good battery monitoring system, and secondary from how the cells are packaged. A shorted cell should heat up but heat transfer to the next cell(s) should be slow enough so the whole pack can't do a cascading runaway. Powerwall should vent some hot gasses but nothing more. Mine will be indoor and I plan to not store very flammable things like cardboard/paper right next to it. It's not a Chinese pouch cell, with just a thermal fuse, shrink-wrap "shielding", and very limited monitoring of charging and discharging conditions. This safety talk is good. I decided to put a smoke detector from the hardware store above the Powerwall yesterday. Then my wife pointed out that the smoke detectors we have inside the house are all old and aren't compliant with current standards. They are also hardwired in. So we will get in an electrician to go through the house and update everything, including appropriate monitoring external to the battery pack. Reserve power is a very nice thing for a house, not sure if you need a whole powerwall though. I've been running a power station in an outside shed on my property for about 20 years now, the core of it is 4 150ah VRLA (Valve regulated lead acid) batteries with a 1kw 24 volt inverter and 1kw of solar panels. About 5-6kw of power, 1kw peak draw, a 10 year life span on the batteries, and they will never catch fire..
In the event of a power failure I can switch to the shed manually for the fridge (300w, 25% duty cycle), a few lights, and most importantly cell phone and internet service (another 20-30 watts) and a coffee maker (70w for a few minutes). In a multi-day power outage the priority is keeping the fridge running and having fresh coffee. Can also run a smaller microwave oven if I need to warm some food up.
Solar panels can top off about 4kw of power a day, giving me around 9-10kw of power. With 2kw for the fridge this leaves me a fair bit of extra power for incidentals or a day or two of rain. Longest I have run it was 3 days when power really went out and it was a life saver.
Not too complex, worth it.
Neat. You are a solar battery pioneer ! |
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The future is great, but a powerwall ... I am not so sure I would literally want a wall of lithium explosives in my house. I have fucked up a single 18650 cell before and had it catch fire, it's scary shit, I wouldn't be able to sleep at night.
It’s a good point. It’s currently attached to the outside of house and has cameras on it, not that that is likely to help. We are putting in a pool and will build a pool house. Now that I think about maybe should relocate it to the far side of the pool house which will be completely separate from the house. |
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Took our first steps toward energy independence today with a Tesla Powerwall. We can now go completely off grid if we watch our electricity consumption a bit at night. That said it is better to stay connected because we produce too much during the day and need to sell it to the grid. Production is down today as cloudy but we are still exporting 3kwh right now having fully charged the Powerwall during the morning. The stored charge should take us through the evening and most of the night.  Next step will be an electric car so we can stop buying gas. We will keep an SUV for occasional long distance trips but we want to build the capacity to be completely independent on a day to day basis. |
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We choose to expel the Jews and to do these other things, not because they are easy, but because they are hard. But do we choose to expel r0ach? But that would be easy, not hard |
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