I thank my lucky stars every day that I have never been in that position. I'd probably end up killing myself. i sometimes cringe when thinking about how many coins at ~$100 USD i sold back in the day. but then i figure if folks like me we not actually using bitcoin what good is it? so, no regerts. well maybe a little tiny bit lol |
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76 please
that is some great stuff you make.
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It would be nice to go back to a time where everything fit in my car and I just rented. It is not like in 15-20 years
ahhh sabbatical. for when the world just isnt really working. a motorcycle and whatever fit on it worked for Neil Peart when he went to meet himself. so thats good enough for me. all right, all right, so my bike will be in a modded trailer towed behind a Jeep. and the bike is almost more for when the jeep gets stuck rather than for doing side trips on trails. |
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but remember that whenever you store your secrets in the cloud (whether it is a cloud server or email or anything like it) your secrets could potentially be accessed by hackers and who knows maybe they could some day break the encryption you used too. but storing them offline (like printed on paper) will always remain safer even if the encryption technique was broken someday.
this is my thought as well. once its in the cloud you have no control, and it WILL NOT be deleted everywhere, no matter what they say. so, sooner or later, that super dooper encryption wont be enough. out go your secrets. this is why my backups are local (well near local i guess). |
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Number go down. Makes me want to experiment with alcoholism again.
Don't even try. Calm yours down with some weed. You will be too lazy to panic  Alcohodl just makes you over-emotional, triggering a premature sell.  That's not true! Alcohol is fine as long as you make sure to drink enough to see double figures, so that price looks something like 95'950'000. Though this could cause some overexcitement leading to want to sell as you say. Best to stop drinking when only some numbers start to appear doubled. Otherwise any drug keeping you busy enough no to want to check prices for an hour or two will do just fine. For example a nice dose of benzodiazepine could make you wake up on Thursday and getting excited about price being at 8900 as you only remember when you last checked it was like 3500.. i prefer drugs with lower ld50s myself. weed has none that i know of. but its a good thing i just dont like alcohol (taste or buzz) or i would be dead of old age at 30 or so, like a best bud of mine now is. RIP  |
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I'm not gonna pretend that this isn't happening or be insensitive, just relaying sentiment from the ground level as I had passed through my own fears of what this virus could mean personally to now feeling calmer in general.
Can we get this optimistic/realist creep removed from the thread? This post needs to come down before too many people read it. we all know its really like this https://www.youtube.com/watch?v=Jdf5EXo6I68[monty pythons "bring out yer dead" scene from "Quest for the Holy Grail"] "im feeling better... " *WHACK* lulzlulz |
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Also, if you live long enough, the only currency in a Nursing Home is stories. You got a robe/toothbrush/shaver/slippers and rich as hell or not it is all the same.
The only currency is stories. Thus BTC works...great story....BTC dumps....sad story...rich as hell or poor as hell ..if you live long enough that is how it shakes out.
my brain is/will be so burnt i wont remember.. nurse: "so, what was early btc like?? you were there!!" me: "what? sure, stop making fun of me. go away." |
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it all is still a win as all 'evolved' from a KNC Jupiter 550gh miner in 2013 that cost me
$5,131.80. It is not like 'any' money from my modest dev disabled deaf-blind job went into the BTC business for electric or whatever..so again, the risk to me is non-existent.
No matter how bad this all gets, I will always show a profit. It can be debated on IF I HODL too long or IF I SOLD too soon or any % thereof....but I can afford this modest risk.
yeah i know the feeling. a single ATI HD6870 video card is where my corn came from. all my btc was derived, in one for or another, from that one card.. which bought another card.. so my btc journeys admission price cost me $350ish USD iirc. still have the receipt and ive still got that card. i need to gold plate its shroud or something. |
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I SHOULD dump my sh*tcoins and BSV and BCH, that fell from the sky on their forks and make the last 9-12 BTC up that way. But currently confused
with those sh*tcoins all pumping, big time! Some of which like LISK and SIACOIN I'm utterly befuddled on. But that is the other option of my plan to 'recover' those
heh yeah. im doing taxes and see the odd sh*tcoins that have just been sitting there doing nothing but generally losing value. against btc anyway. ive forgotten why i even bought a few of odd bags. the shame.. what was i thinking??? |
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A mining company called Ghash in 2014 found themselves unwittingly in ownership of " powers that circumvented the decentralisation" when their mining pool got so popular they crossed the 51% hashrate threshold several times. I wasn't around at the time, but they apparently voluntary shut down to prevent this. some decent drama and doom about that iirc. i usually was at other pools but i do remember reordering my failover pool list to prevent me joining ghash if my main pool went down. so it was last in the list, so maybe not preventing my joining but only as a last resort. enough miners figured they would just switch away if ghash got too carried away that i wasnt worried. i dont recall how exactly how ghash handled it. prevented new miners from joining sounds familiar.. but cant remember. |
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Ever get the feeling like you are being fucked with ?
Now is one of those times.
wait. you mean, you can NOT feel like that 100% of the time?? wtf |
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except this old person. i plan to die with zero btc (or most any assets actually) left. the timing is iffy; im still working on a workable timeline for the various events planned.
How do you plan to do that? I mean, it is difficult to really calculate the ratio of spending when there are many uncertainties like how many years you have left, what emergency spendings you might incur into, etc... The only financial products that may help some here are: Reverse mortgage and some private pension funds. But it is still insufficient to really achieve the perfect optimisation of reaching ZERO just as the time is over. yeah. but the planning is half the fun. |
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Just looking at this from a strictly numbers view, putting all emotions aside about death and doom, etc.
Coronavirus mostly kills older people. Older people mostly don't own Bitcoin and have little interest to buy it compared to younger people. When they die they leave money and assets to younger people. Younger people use money and sell assets to buy Bitcoin. Moon.
except this old person. i plan to die with zero btc (or most any assets actually) left. the timing is iffy; im still working on a workable timeline for the various events planned. |
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Hell, it is ALL a Bull Market to me! Compared to when I turned on my KNC Jupiter Miner on 0ctober 18th, 2013 and 'when sometime' that day when I looked, One Bitcoin was $150.00 USD! And I was making about ONE Bitcoin a Day! I miss them days, damn it was fun! If I only knew then what I do now about this! As an aside, HODL! Looking at Bitcoin 'long-term' it is 'nothing but a large bull run', IMHO.  All a matter of your 'Timeline'  Brad heh yup. started mining coins on gpus in mid 2011-2013ish when the price was tanking from $30ish to $2 USD. oops. but i kept those gpus going. as you man i wish i knew just how absolutely stupid high this corn thing would go. it was like popcorn back then. |
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What's your problem with centralization anyway? Don't you know that centralization into data-centers is actually good for BitCoin? Everyone keeps bashing centralization without even knowing what it means and what are its implications. This is exactly the thing that bothers me about these wannabe technical experts who have never taken even the basic course of programming. Boo-hoo go whine to ISPs that they are so centralized. You see your fallacy already? Centralization is part of professionalization, which in turn contributes to lower transaction fees and more use cases.
so ultimately there is one validator - ie yours/CSWs/(((thems)))/the lizards/etc? who will have the computing power to validate your central all powerful node? be nice if someone, whos not a state actor, could validate the blockchain. or we just have to buy a high end datacenter to trust you guys? |
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as i have no sig, if you ignore everyone one with sigs, youll only be left with me and the (few?) others with no sigs.
i dont think thats what you want.
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Sorry for the off topic in this Corona Virus Observer thread [...]
well, not exactly off topic. after all if we are rich enough we can isolate ourselves from the great unwashed masses. citadels anyone? |
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^ [img width =180]https://media.giphy.com/media/smvO0U7z3ZE2Y/giphy.gif[/img] Jeep, I've always had one at home, you can do anything with them. oh yeah the original. built by ford and willys.. a bud of mine has one that he has restored. runs it in parades. fun fact - in the original willys (WW2 vintage) all the ford parts have a "F" stamped on them lol. so when a part broke they would known who manufactured it. |
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trezor. have had NO issues with it AT ALL. ive had mine since 2013 or 2014.
however there is a flaw that if you lose the trezor its possible that at some point they can extract the seed (if its found by someone who know what they are doing). but again you have to LOSE it. as long as only you have access youre fine. you can use any browser and you can point it at your own local copy of the blockchain so you dont have to use trezors back end.
the ledger s.. hell no. had problem after problem. they keep changing the software you need to work with it. plus blown firmware updates no thanks, i like stuff that Just Works.
buy directly from satoshi labs (slush) only. NEVER buy a used one.
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Nah. I recently updated. Of course, a couple days ago GMC throws sand in my face by announcing a 1000-hp Hummer-branded EV. ::sigh:: i like huge SUVs also. partly because of the higher views, but mainly because it can go where i point it, no matter what is in front of it (to a point). cant use EV atm, need petrol. no charging stations in wastelands. jeep XJ cherokee with full belly plate, 3 inch lift, as thats the biggest size thats fits 31s stock with out cutting (done proper; with lots of droop, no spacers or shackles). and its very stable on highway at speed. any more lift and, well, look up XJ videos on how easy they roll lol. winch (i figure between that and the belly plate and diff armor i can drag myself over whatever droop or flex cant handle). front locker, waterproof, snorkel , dual batteries, etc |
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