Bitcoin Forum
June 30, 2024, 01:06:07 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 [171] 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 ... 1525 »
3401  Economy / Service Announcements / Re: [ANN] ChipMixer.com - Bitcoin mixer / Bitcoin tumbler - mixing reinvented on: March 26, 2023, 06:33:46 PM
How are you JayJuanGee, it has been a long time. I hope you are well  Smiley
The post was not intended to come across as advocating for more or less government control, my apologies if it was misconstrued. As for the official story as stated in the law enforcement case against the owner of Chipmixer, maybe the law enforcement agencies or other sources will provide information which goes further to explain what was happening.
Gosh.. that sounds scary JollyGood - that you seem to be advocating for even stronger and/or more rigorous and draconian Govt measures, and surely I am not anti-government, but whenever I see these kinds of cases, I become skeptical of the government story - and maybe part of my discomfort comes from their seemingly conflicting mandates of "protecting the public" while at the same time not disclosing too much about a case that is under investigation and/or that the seemingly target person (alleged wrongdoer) is still on the loose.

Fair enough.  Thanks for the clarification...

Sometimes there are likely delicate balances in regards to second-guessing various prosecutorial discretion, and then how their announcements show how they might seem to be pursuing some matters, and of course, sometimes there could be other targets or there could be reasons why they had chosen not to pursue certain entities, including sometimes whether they might have gotten cooperation agreements that then justify not pursuing certain entities or persons.  For sure, we are not always going to find out everything that is going on, and sometimes there could be questions whether their pursuits are reasonably within the "public's interest" or if they might be purposefully choosing to scapegoat some and to provide too much leniency to others.

It was in the news, just over 1900 BTC was seized.
I just asked them to give me about 20 BTC of that amount.   Cool
I'm not a greedy type, for me that amount was enough... Maybe one day, that goal will come true.  Roll Eyes

Well, if we go by your forum registration date joker_josue, then a mere $28 per week for 9 years would have gotten you to that amount of BTC (with a total of around $13,160 invested).  

That linked website (dcabtc.com) only allows for the tracking of DCA investing for a maximum of 9 years, so if you might be suggesting that you did not start investing in BTC around the time of your forum registration date, and we just go back 9 years from today, then you would have needed $46 per week to get to that 20 BTC amount (which would have been a total of $21,620 invested).

It seems that the later that any of us were to start to invest into BTC, then the more difficult it becomes to get to that amount of 20 BTC, and starting today, it might seem hard pressed to wonder how possible it would be to get to the accumulation of 20 BTC?

So if any of us want to get to 20 BTC and we are starting at a later date, then we would have either had to raised the amount that we invested per week or perhaps increase the amount of time that it takes to reach such a 20 BTC goal.. or perhaps make more reasonable (and reachable) goals?  

Personally I prefer to make individually-tailored goals that are more tailored towards where any of us might be at and where we could reasonably take ourselves.. and for example, any guys/gals/BTC HODLers who might have had left some of their BTC through Chipmixer, may well have ended up reducing the amount of their BTC and perhaps having to readjust their individualized BTC accumulation targets... whether 20 BTC is reasonable or not may well depend upon where any of us are at right now, and other factors, and then also there are also factors of how many coins do any of us believe to be practical to be processing or holding through these kinds of third-party services in which we might end up losing some or all of those coins (or at least vouchers for actual BTC).

There are a quite a few people who have had the fortune to find out about BTC for many years (such as 5 years or even 10 years or more), but then sometimes are not taking enough precautions to move some of their BTC, most or even perhaps a decent portion of their BTC to locations in which it is more difficult for their BTC to be taken from them in one form or another or for their BTC to get caught up in some kind of government proceedings, and even some users of Chipmixer might be a bit leery to even contact any of the authorities who had seized the coins in order to ask "when am i getting my BTC (that you took) back?"
3402  Economy / Economics / Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ on: March 26, 2023, 05:57:26 PM
btc touched $28k today. the entry point that microstrategy makes in the average buy is in the $30k range so this is a beautiful period in the shadows that I feel in saylor mind. i think btc will touch $30k in the near future. quite a quick reversal considering that in the previous month btc touched $15k or its lowest point since touching ATH $69k.

well for this year Q1 may be ending soon, is there any rumor that Saylor will buy the first btc of the year or he will skip Q1 to buy btc within this year. the last time microstrategy bought btc was on 24/12 and this has been the last purchase or they are waiting for the right moment to make an entry Grin
I strongly doubt that Micheal Saylor is trying to time the market. I guess his buying pattern is more dictated by funding issues (be cash flows from operations, equity or debt proceedings).
Anyway, I like it. It’s time to buy some more.
most likely as you said where large funding will be more flexible for Saylor or MS to increase their btc holdings at the bottom price or below the average entry price that they do.

I also found several people on social media asking the same thing  Cheesy


source : https://twitter.com/Bitcoinfinity/status/1637339281579720706?t=hkqJmBB-SHPx36wA2isMHw&s=19

but one thing I can say to Saylor, most likely he will wait for the average entry price that they did to be reached this year and even this month because they/Saylor were at minus 50% at the end of last year it would be more efficient to get funding latest or he again has the option to take out more loans to buy btc because he is that type of person.

With those examples, you are not really bolstering what fillippone had said ginsan.  Sure there might be some convenience for Saylor to buy a bit more on the dips, and perhaps Saylor might be regretting that he had never really been motivated by buying on the dip as a serious consideration, yet ongoingly people are trying to assign those kinds of " buying on dips" motivations to Saylor and there still is hardly any evidence that Saylor gives too many ratt's asses about trying to time dips.. or figure out how much of a dip is a dip, and in some sense, for Saylor any BTC price is likely a good bargain - once he and his Company is able to clear such authorizations to buy.... .. based on the various kinds of considerations that fillippone already outlined - including is cash available through cashflow considerations or ability to dip into various sources of cash that might allow him to buy more BTC..

I think with anyone, when the price of what you bought had gone down (including something like BTC), you can retroactively look back and say that you could have waited to buy in order that you would have been able to get more at the current price rather than the higher price that you had paid, so in that regard, Saylor had been showing some of those kinds of appearance of potential regret, but at the same time, he still does not seem to be centrally motivated by that - in spite of the ongoing imposition of those ideas on him.
3403  Economy / Service Announcements / Re: [ANN] ChipMixer.com - Bitcoin mixer / Bitcoin tumbler - mixing reinvented on: March 25, 2023, 05:34:17 PM
One aspect of this whole situation (and in future it would be a huge talking-point) would be the manner in which other than the owner/operator of Chipmixer, zero blame seems to have been put on those that facilitated the money laundering operation.

For example, the hosting company where he used the servers. These servers were used for criminal activity to around $3 billion in money laundering yet no action was taken against them. The question of whether they were responsible in-part even by ignorance is one that can be asked by agencies. In the end they are a hosting company and would not be interested in what was being hosted but legally there might be obligations on them too.

If the servers were based in a country or jurisdiction where there is friction or conflict between them and the US government then the matter would most probably have more emphasis as being backed by various states with nefarious intentions. From what I read on the case, the only person of interest to the law enforcement agencies is the Chipmixer owner.

Gosh.. that sounds scary JollyGood - that you seem to be advocating for even stronger and/or more rigorous and draconian Govt measures, and surely I am not anti-government, but whenever I see these kinds of cases, I become skeptical of the government story - and maybe part of my discomfort comes from their seemingly conflicting mandates of "protecting the public" while at the same time not disclosing too much about a case that is under investigation and/or that the seemingly target person (alleged wrongdoer) is still on the loose.
3404  Economy / Speculation / Re: Buy the DIP, and HODL! on: March 25, 2023, 04:51:18 PM
[edited out]
Correct, so I will give my self as another example. Although I heard bitcoin years ago, I was not that serious, until I join and enter in 2017. That what the year wherein we reach all time high, I was not here prior, so I said to myself this is good.

Well, if we use your forum registration date as the time you got started in bitcoin, then surely there would have likely been quite the dilemma about what to do, when you are entering into an area in which there was a lot of disputes at that time, and also the BTC price had already run up to reach ATHs again at the beginning of the year, but there were also questions/concerns that the price was going to crash back below $500 before resuming up... so there were quite a few folks (whether newbies or not) who were either talked out of their coins or perhaps persuaded to wait... which in either case of selling at that time or waiting could have caused a certain amount of getting fucked by the then bad predominant advice.

So yeah your potentially earlier days into BTC in April 2017 could well have had provided an opportunity to get some BTC below the subsequent lowest BTC price points in 2018/2019/2020 (which would have been abilities to accumulate BTC at various price points between $1k and $3k and surely more fortunate to accumulate closer to $1k.. even though any of those prices between $1k and $3k feel pretty good right now) - even though frequently it can be hard to practically exercise such a practice to lump sum front load your investment into BTC because you may well have not had enough value available to inject into BTC and we really ONLY know from subsequent events that the BTC price did not drop back below $3,124 and surely even getting BTC below $4k after September 2017 was a pretty uncommon (infrequent) occurrence.

So in that regard, it was not always clear to know that sub $4k coins were not really going to be very easy to obtain after September 2017, and even in recent times, there had been thoughts that BTC prices were going to allow for BTC to be purchased below $4k.. yet by now, there are a lot of folks who now realize that the sub-$4k ship sailed long ago.. and any actually ability to get coins below sub $4k after September 2017 had been for ONLY short-periods of time and you better be ready, willing and able to act when such opportunities are presented to you.

There might be some truth in regards to sub-$20k having a similar kind of fate.. and so when we passed above $20k in December 2020, many of us might not have realized that the quantity of time to be able to purchase BTC below $20k was limited, and even our recent fortune to have quite a lot of opportunities to buy BTC below $20k between June 2022 and as recently as two weeks ago may well have been the end of an era... even though currently, I am not quite so confident to proclaim that the current local bottom of $15,479 is in (from November 2022), yet in 2 or 3 years, we might start to consider sub $20k prices for BTC as a similar kind of phenomena that we currently consider sub $4k BTC to be.. something that is hardly likely to happen (perhaps less than 1% odds.. which are "non-zero" odds, but not anything that any of us (who are trying to live in the real world with prudent and realistic approaches to our financial and psychological lives) should be putting any kind of serious preparations into pie in the sky events).

And then the bear market started and most of the individuals that I might have been with that time frame could have quit their job and focus more on this market (because I remember such thread early 2018, around January when we are still in the euphoric stage, I don't know what happen to those individuals though). So if by chance I also quit my job and concentrate on trading, then it's going to be very difficult for me in 2018-2020.

Exactly!  Part of the reason that I believe that it is better to mostly attempt to plan our BTC strategies around bottom price scenarios, including that I still believe that the 200-week moving average serves as a pretty strong and decent bottom indicator - even though in recent times, we spent nearly 9 months of mostly being below the 200-week moving average, which has so far been a pretty uncommon occurrence in BTC, but still way safer than planning around the top BTC prices, such as the top of the cycle that you had mentioned in late 2017/early 2018.

By the way, currently the 200-week moving average is right at about $25,427; however, when we first went below it in June 2022, it was around $22,200-ish.  https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/    So the 200-week moving average has continued to move up, but staying mostly below it for around 9 months has surely caused its upward slope to become more graduated in recent times.. but for me, it still seems to be a pretty decent ongoing bottom indicator.. even if BTC prices might still go below it again.. but still way safer in terms of financial and psychological health to plan around bottoms rather than tops.

Luckily I didn't do that, and so we all know that 2018 was very tough for those first timers like me. But I did survived and learn a valuable lesson from it, that is, the bear market is the best time to accumulate and simply HODL on it. And so when the bear market strikes last year, the last 6 months of it I'm continuing to do DCA or shall we shall still buying as much as I can, save it and then wait for the next bull run. I know it's mentally though, but that is also a character that I developed in Bitcoin investment. You really need to focus and not to be emotional just because you see your porftolio jumping 10%-20% in a day and thinking to sell some. Wait for the right time to offload your stash to maximize your profits. So as you get t he experience, you level up and become a better investor.  Grin

For sure, there is going to be some individual variance in regards to what might be the better ways to attempt to deal with BTC's likely inevitable volatility - and one of the difficulties is that we know that BTC is going to be volatile even while at the same time, we cannot be completely sure which direction or how much.

So part of the problem that any newbie normie has when coming into bitcoin is to figure out how much cashflow (or capital) to initially allocate to bitcoin, and then how much to allocate on an ongoing basis, because even though most people have some abilities to figure out and calculate matters related to their own finances and psychology, there still are unknowns in regards to personal finances and psychology and then there is the additional unknown about how to treat bitcoin as compared to other investment opportunties, so in the end all of those various knowns and unknowns have to be combined in order to come up with a individually tailored strategy that allows for a certain level of comfort that is not completely vulnerable to the BTC price extremes that might come, so there can be some ways to calculate BTC's volatility in terms of projecting out various extremes and then therefore turn one of the unknowns into more of a known - even though it still can be difficult, even if any of us has already projected out what we are going to do and how we are going to go forward even if some extreme scenarios (even beyond our calculations) ends up playing out.

Some people proclaim that we need to be through one whole BTC price cycle in order to really start to become comfortable with BTC's price volatility and whatever might be our BTC accumulation/maintenance approach, but surely it is possible that some of us might need to go through a few of those cycles before becoming comfortable, even though being in profits likely helps to bring comfort, but at the same time, depending upon how old any of us might be, it can take a real long time to build up the principle in any investment, even if that investment has been largely doing better than expected (or maybe even better than other investment opportunties that seem to be available).

[edited out]
That's true, JJG. That's why I believe one of the things that helped me HODL, even through all of the strongest temptations and fear, is keeping my coins in cold storage through an old computer, offline. I panic during crashes and get tempted to sell. BUT starting to get my USB HD, and thinking about the process of signing the transaction, sending the transaction, removing my USB HD from my computer to the other computer, I stop myself.

It was probably just my mood.

Furthermore, if in doubt, meditate with this meme in your mind.


Hahahahaha  .. Yeah.  It is funny how even a small kind of an obstacle can keep any of us "in check" during some of the times in which we are feeling some inclinations to "take some off the table," and for sure, we can never know for sure if we made the right decision until much further down the road.. so many of us who have been in bitcoin for a while have had those kinds of moments of potential weakness.. and we can probably recognize and appreciate that those kinds of potential moments of weakness likely subside more and more the longer that we are in bitcoin because as any of us should be able to imagine that there are guys who have average costs of $1 per BTC, $10 per BTC,$100 per BTC, $1,000 per BTC, $10k per BTC, $30k per BTC, $40k per BTC, $60k per BTC, and perhaps some other variations, and many of us likely can imagine that the lower is our average cost per BTC, then the less likely that we are going to get worried about dips that come further down the road because they are likely not as significant... even if such dips might still bother us.

And the considerations of having regret and/or psychological pressures are not ONLY about the average cost per BTC, because there are some cases of guys who might have ONLY invested small amounts of value into bitcoin, and they have been worried about keeping their average price per BTC down.  Let's take the guy who bought 20 BTC in 2015 for around $300 per BTC, so he invested a total of $6k, versus the guy who might have bought BTC between 2013 and 2017 and ended up buying 200 BTC, but his costs per BTC were around $1k per BTC (3.33x higher BTC costs as compared with the one who lump summed into BTC in 2015), so he invested around $200k into BTC (about 33.3x more invested as compared with the one who lump summed into BTC in 2015). 

Which one would you rather be?  Are you concerned about how much cheaper your coins might end up being if you end up investing way less into bitcoin because you had been overly whimpy in your perspective and your BTC investment approach?  Part of my suggestion has been to DCA and continue to invest, even if continuing to invest might cause your average per BTC to go up and the amount that you invested to end up going up, yet at the same time, I understand that each of us has to come to our own conclusions regarding these kinds of matters, and we are not necessarily going to know or to recognize if our approach sufficiently paid off (with fewer regrets) than perhaps maybe something like 10, 20 or 30 years down the road, and then by then, we will not be able to go back and to change our approach.. and we can ONLY change our approach right now (that is if we need to change it)..

If we continue to attempt to learn along the way, we likely will not be able to fix all of our mistakes, but we will likely catch some of them earlier and be able to improve our approach, even though there are never really any guarantees in regards to which investments to make and then how much to allocate, and part of the mistakes that some people historically had made has been to fail/refuse to get off zero.. so even if they might not have had liked bitcoin as an investment they likely would have been better to put 1% into bitcoin rather than zero.. even though the more aggressive ones of 10% or more or even 25% or more may well have had a better risk adjusted outcome in terms of how bitcoin has ended up performing as compared to any other investments that they had made.
3405  Economy / Economics / Re: FTX Leaderboards: Someone lost $120m... on: March 25, 2023, 03:31:53 PM
It's mind-boggling to think that someone could keep such a significant amount of cryptocurrency on a centralized exchange and sleep soundly at night. As we all know, exchange are not safe, and we have seen a lot of exchange failures in previous years. It seems that nothing is going to change.
I guess that person might be close to SBF and trusted him so much to have that huge money of his in that exchange, or really a new comer or someone is managing that fund for himself. True, I don't think there will be changes in the future, we have seen a lot of exchanges that rag pull or collapse with person's entire savings in that exchange. And so this is just another example of it, but no one really learn their lessons isn't it.

"Not your keys, not your coins", this is very true in this case.

And hopefully, justice can be served here, the ongoing trial should be watch by everyone specially those individuals who have millions wipe out.

In regards to the amount of FTT token that was supposedly held in that one account, it would be difficult to imagine a situation in which there was not some kind of insider-connection in regards to that kind of a holding, and in several senses, we do not have nearly enough information to appreciate a lot of the various connections of various fake entities that were created by FTX and also that sometimes real people or institutions might have had created accounts under pseudonyms or fake names.

It seems that so far, the current bankruptcy CEO (or might he be labelled as some kind of a trustee - John J. Ray) has been resistant to one of the practices of an independent auditor (investigator), which I believe that the Celsius situation did end up having one of those - and it seems that if various kinds of actual truths are wanted, then there is likely a need for an independent auditor rather than what might end up happening in regards to various cover-ups of some of the folks who might have had been involved in various aspects of the business - which likely could incur further charges and/or allegations towards high profile folks (politicians, companies, influencers).

I still am not exactly clear about how credible the source of this accounting information and whether the customer numbers were already existing customer code or if they were numbers that were generated in connection with the bankruptcy proceedings, and I could imagine a couple of kinds of scenarios, and one of them would be that some customers might already know their customer codes and another scenario would be that some customers would be given access to their customer codes prior to others being able to receive their customer codes.
3406  Economy / Economics / Re: Is there a place in the world you could live like a king via sig campaigns? on: March 24, 2023, 09:46:01 PM
considering that the basic or standard wage here in our country does play around $120-$400 for higher positions

Yeah but who is going to read your mind about what "our country" means?  How come members seem to not realize that their posts should stand on their own in terms of a reader knowing the references.  

You expect your reader to go back and research various previous posts that you may or may not have made in which you actually said what you mean by "our country?"  Should be easy enough to make some kind of reference that would tip it off or specify what is the reference, especially within a topic like this one.
3407  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2023, 09:40:20 PM
Web3: The Next Phase of the Internet Is Coming
source
Web3 is the new era of the internet built on decentralized technologies like blockchain, using dApps to facilitate peer-to-peer interactions without intermediaries. It emphasizes user ownership and control of personal data. It is not the same as Web 3.0, which refers to a hypothetical future internet based on AI and machine learning

You sound like some variation of retarded...

NEW‼️🇺🇸 Coinbase to start sponsoring pro-cryptocurrency candidates in US elections - Coinbase CEO

https://twitter.com/RadarHits/status/1639339353024364574?t=3xd8DR6Yh173SDKGaJxYKA&s=19
Oh, nooo, they can't do that!
/s

That's right dawg!!!!! (I mean frawg).
3408  Economy / Economics / Re: Is there a place in the world you could live like a king via sig campaigns? on: March 24, 2023, 09:06:46 PM
Australia has one drawback - living in this country is expensive and you will not have enough income from the signature company to cover all living expenses in this country.  

Even though you list great things about Australia, you seem to be pointing out that you missed the main point.. which is the starting out with the idea of a place in which your income (from something like a signature campaign) and perhaps some other relatively modest means could allow you to have many if not most if not all of the things that you had listed, but in a place in which your income could sustain yourself.. and sure maybe there is a bit of a pie in the sky to suggest that there might be places that are like the west, but just not in the west so they cost way less.
3409  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2023, 02:08:11 PM
Another minor sell off. This is probably an effort to just take out a few longs before more up move.

The Fed and friends have still not solved the latest banking shitfest, more disaster is coming down the line, and soon they'll have to stop pretending like they can get inflation under control. Inflation will be handled by the massive recession that is almost upon us anyway, but actually it won't, because massive fiscal and monetary support will blow that out of the water. I hope all of us here are ready for the coming wealth disparity because this next up move in assets is going to destroy anyone who doesn't have significant assets. Bitcoin in particular.

The world is moving into a dark place.

Gosh.

Could you be a bit more cheery?

I mean less doomy and gloomy.

I largely agree with you that those who allocate to bitcoin (and perhaps other assets) are likely to fair better as we go forward, but still... you are ruin'n any potential cheery mood in this here place.   Angry Angry Angry Angry


Just consider if you did not know about bitcoin?  yeah, there is a lot of suffering out there, and there are a lot of folks who do not know about bitcoin.. even though a lot of them have heard the word and they think that they know what it is.. but yeah, a lot of folks don't really know about hedging into bitcoin can potentially help with their future.. .. and I continue to hope that bitcoin HODLers do not have to become actual physical targets , merely because people are suffering and they did not look further into bitcoin and take actions to hedge their futures with some more of dee cornz... yes.. we have friends and relatives who are suffering too... and we can ONLY help them so much to help themselves... they may well disagree with us, even if we try to "help."

At my previous work place there was literally a them/they moron. Good thing I didn't run into HIM. I would have ignored that shite and they could have fired me over calling people by their proper gender, not their fantasy bollocks. Wouldn't have given a shit. I have enough corn anyway.

I find it difficult to be that confrontational with people in the "real world"... whether I have a lot or a significant amount of corn or not.. and the fact of the matter is that we seem to be social beings, and I have my doubts if dee cornz removes us from our needs to be social and to come to various kinds of social compromises from time to time.. whether we like it or not.. and yeah, there might be some various ways to lessen our interactions or to attempt to live on some kind of an "island within an island" or whatever, but still interactions or turn into some variation of Ted Kaczynski.

Sometimes it is confusing and difficult to figure out how to interact, especially if they are family members or even the "partners" or "friends" of family members.  It's not like we are going to completely get rid of these ideas, and sometimes even when I am speaking with someone (such as a family member or a friend) who I tend to believe should be on "the same page" or "a similar page" as me, there can be differing opinions that are developing in regards to their interactions in society and their "changing" interpretations about what they believe to be normal or acceptable.

One of the dilemmas that many of us likely continue to find is that we don't really have any problem with people wanting to be themselves or to live their own lives in any way that they see fit, and at the same time one of the problems is for others to impose their self-identity values upon us, but at the same time, you are damned if you do and you are damned if you don't and part of the dilemma likely remains that societies have always had a bit of a tension of imposing "acceptable" values, and those have not always been clear - and in the age of more open communication (or maybe even unstoppable communication - which is part of the bitcoin world), differing interpretations of "minority" views become more acceptable and wide-spread, and I am not going to proclaim to know the answer, even though I know that sometimes social divisions can cause a lot of distractions in terms of attempting to stick to more important topics, such as having our money stolen from us.. of course, in recent times through monetary debasement and potentially bailing out various undeserved.. but then the whole system had been fucked with in ways that it becomes even difficult to blame some bankers who may have thought that they were engaging in practices to protect their business and then there are rug pulls with that and then even seemingly changing standards of compliance.  When I start to ramble like this, I have to admit that I don't claim to know much of anything.. except that there are a lot of dilemmas when dealing with real people about their beliefs and practices.


Another minor sell off. This is probably an effort to just take out a few longs before more up move....
It seems that Binance froze. Is it planned or not, I don't know. Judging by the lil panic probably not.
If Binance is not coming back up soonish, we're screwed. Covid dump will seem small and insignificant compared to this...
So binance and deutche bank are in trouble 😈.

Feds be crashing an burning it all down.

0.25% coming round the in six weeks.

You just luv those shadows on the cave wall philip?
3410  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 24, 2023, 01:35:11 PM
121 days into the new Bull Market and all is well.   Cheesy

Could be.

I had Chatgpt write a new Bitcoin centered constitution.
"[edited out]"

Fuck Chatbot.  

We want to hear from uie-pooie - to the extent that you have "anything" of actual substance to say... even if dumb, like usual.

 Cheesy Cheesy Cheesy Cheesy

Are you still wondering why Satoshi Nakamoto disappeared??? Just watch the today’s congressional hearing of the Tiktok.

Remember TikTok is just a social media platform, but Satoshi have disrupted the whole banking industry you can only imagine how they would have reacted to Satoshi Nakamoto if they knew who he is.

So, you are asserting that bitcoin was not invented by the CIA?



Or maybe this meme clarified what happened with bitcoin?  

The Big bad govt built dee cornz, and then they lost control of it?
3411  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: March 24, 2023, 01:00:23 PM
https://watcher.guru/news/el-salvador-president-to-eliminate-all-taxes-on-technology-innovations
In a recent tweet, Bukele notes that all taxes, including income, property, and capital gains, as well as import tariffs, will be eliminated. Additionally, this hasn’t come to fruition yet. The President said that he will be sending a bill to Congress next week.

Furthermore, the President notes that “technology innovations” will include AI development, coding, and apps, among others. Elaborating on the same, Bukele tweeted,
We could see that when other countries where busy struggling with the payment of tax Nayib Bukele us making an alternative to make life easy for the people just as in the case of petroleum resource subsidy, the government is saddled with the responsibility to carter for the immediate needs of the society in arras that needed more attention with urgency, payment of tax isn't the only IGR the government has, infact it should be the reason why they should deliver upto expectation because much is given to them through these means and so it's expected of them in giving it back to the community development, with bitcoin adoption, El-Savador is changing alot of things that has turn to custom and norms in the government setting and putting them in place through reorganization of the settings and bitcoin is the eye opener and the game changer.

I am not going to disagree with you completely Doan9269; however, I doubt that a government is in the business to be benevolent and charitable, and in that regard, governments cannot carry out their purposes through voluntary measures - even though there are likely ways that governments can generate income without strictly taxing various sectors - which seems to be part of El Salvador's attempted direction that is aimed towards ongoing attempts to attract technological innovations and developments into El Salvador.

Whether such systems are sustainable might be another question, and for sure, I am not ant-government because personally I believe that there are various roles for government, and bitcoin seems to be inspiring different ways to structure and to provide incentives - while at the same time bitcoin is a world-wide phenomena so if there are a variety of competing and complementary systems that are interacting with each other, no one system can be completely considered in a vacuum, even if a country is able to set up a large number of self-sustaining systems - and I doubt that anyone is suggesting that El Salvador has enough resources to completely isolate itself from the rest of the world, so in that regard, if El Salvador is able to sustain the impression that it is a place of innovation, then they can attract and build capital.. but any of us should realize that the mere attracting, building and growing practice is not necessarily sustainable.. even though it can be quite prosperous while the attracting and building is going on and even sustainable over several generations, so it is not even necessarily a bad model to engage in practices that strive to attract labor, capital and growth - even though sometimes there can be reluctance from one regime to another in regards to whether even their policies are going to continue, so when they put them to practice they may well become more credible over time, and at this point, El Salvador is ONLY less than two years into announcing that it was getting into bitcoin, so surely a lot of the attempts at snowballing into becoming a "technological hub" is still in the earliest of stages, and likely even scary for some longer term bitcoiners to perhaps start to wonder if they might be devolving into shitcoins too.. and does that interfere with their earlier seemingly focus on bitcoin? 

The answers are not always going to be clear, and sometimes people might start to feel that there is too much deviance from the original path (bitcoin in this case).. and sure I don't want to prejudge any of this because it seems that El Salvador does still seem to be keeping bitcoin developing and networking as its foundational ideas, but still I wanted to just to express some assertions that governmental practices and adoptions are not necessarily straight-forward and non-controversial and sometimes can deviate into potentially controversial and less than straight-forward directions, even if some of us may well continue to agree that they are heading in the right direction and that they have not lost their path (or lost the bitcoin plot), yet.  Don't get me wrong, bitcoin remains a fairly complex topic that touches upon a lot of areas of society, and there are likely a lot of ways that other kinds of interventions and innovations and research can be accepted and acceptable without losing the plot.. even though sometimes it can be difficult to determine whether there might be deviance into shitcoinery.. or that ideas of "no taxes" is misleading, because governments might be cutting taxes in one area or another area, but they are potentially able to make those kinds of cuts in taxes in one area or another because they are relying upon generating revenue in other areas..and potentially new areas that are based on the attraction of industry rather than necessarily raising rates in other areas (while that growth and attraction of enterprises is still able to last).
3412  Economy / Speculation / Re: Buy the DIP, and HODL! on: March 24, 2023, 12:35:44 PM
[edited out]
It's true that Bitcoin's price can be volatile in the short-term, but in the long-term, it has the potential to benefit everyone. Governments may try to ban Bitcoin, but they may end up banning themselves from the benefits it offers. It's important to HODL and accumulate Bitcoin regularly, even if there are dips in the short-term. Do you have any specific questions or concerns about Bitcoin?

Sounds like a bot wrote that post.

Everyone and anyone should have "questions and concerns" about bitcoin, so the longer that anyone studies bitcoin, then the more likely s/he is able to understand it, and figure out the extent to which s/he wants to invest into it - including developing some strategies to accumulate bitcoin and then be able to maintain such bitcoin stash, which seems to be the premise of this thread.. Once we have already decided that it is a good idea to accumulate bitcoin and follow some kind of a bitcoin accumulation/maintenance strategy.
3413  Economy / Economics / Re: Is there a place in the world you could live like a king via sig campaigns? on: March 24, 2023, 12:29:47 PM
Permit me to say that I didn't really take out time to read the replies from others but I felt the need to respond and yes there are countries like mine where one can live comfortably with pays from signature campaigns.
There are basically other smaller countries going through some serious setbacks and economy crisis which my country is one and the pays from signature campaign will help go a very long way to keeping them off evil thoughts and the works they have to do on the campaign also keeps them busy as their is a saying that "An idle man is the devil's workshop".
I just wanted to say that yes, the pays from signature campaigns would definitely go a long way to getting someone a decent life here in my country.
From he last request, just to keep in in good track, he's hoping someone would give him vital, accurate and concrete information bout brazil. All these yes no response are not what he wants, I'm just too lazy to go quote the post Dow here for you to see, but if you have enough time, kindly return to the page before this.

All I know bout Brazilians is that they have beautiful ladies, love the game soccer more than food, they're well known for partying also, they're not much of a damned country but they're still struggling especially with the countries economy. I'd look up for some information, last time I was here, he was well aroused by the movements to Zimbabwe ans found the idea appealing. Brazil would be a peng idea though.
Yeah I get but just as I said that I never took my time to read through what others had said earlier because I read just the OP and had to throw my opinion and if his looking for a nice country with lower budgets, then Nigeria should also be considered and if I'm not wrong, Op was only seeking to know if there are countries where one can live comfortably off pays from signature campaigns, which I went straight to answer that yes there are countries like mine (Nigeria) and I didn't wan to bore him with listing reasons to why I had to mention my country, so pardon me if I didn't have to follow the thread to see what the current discussion is.
Thanks.

I doubt that we are ONLY talking about Brazil here or even a narrow set of countries, because the thread is not even about any specific question, but instead there was a request to talk about various kinds of places in which a guy (or group of guys, like 5 of them to pool money) might be able to live quite well (like a king perhaps?) off of some amounts that might be earned through a signature campaign, and it seems unfair to have to strictly stick to any exact criteria so long as there are attempts to make potentially practical suggestions that relate to the topic and various kinds of considerations that might be made in one country/location versus another, and yeah a generally warm climate was also one of the considerations.

In regards to Nigeria, that example has been provided earlier, and at least you are now mentioning which country it is, because frequently it is not really very helpful or even concrete if a member proclaims that it is possible to live well off of $300 or $400 per month without providing hardly any further details or explanation regarding what part of the world it is, and maybe some other details in regards to how s/he is calculating such costs  - and surely naming the country or the kind of living location can be helpful to attempt to figure out if a foreigner might feel safe in an area, which it is likely that many of us would hate to move to an area to save money and then it ends up costing us more safety than we are willing to give up.


Of course, there may well be some other signature campaigns that are going to pay sufficiently high amounts (maybe more than $100 per week?), but still seems a bit too much to expect to be able base living standard plans on income from signature campaigns, even if you might be able to get something like $300 per week from a signature campaign, it seems to me that $100 per week is likely more realistic.. just to be conservative in making estimates that do not cause you to be overly reliant on keeping such a higher level of cashflow and/or being able to bounce from one signature campaign to another, in the event that the signature campaign that you are in gets shut down or discontinued.
$400 per month will be enough for a bachelor to live a comfortable life in some countries. It will be enough because he can afford to live in a shared apartment and his expenses on other needs will be very low. But a married man will not be able to feed himself and his family with that monthly income. Children's medical bills, school fees, feeding, and accommodation will cost more than their income.

Practically campaigns might not be the best kind of job to rely on because they can stop without notice. But some of them have lasted for more than one commendable year. Apart from government jobs, other employers in my country can sack workers at will. They can decide to terminate the contract of workers without notice. There are cases where in one year a worker has changed jobs three times. Although, campaign should be a side job, but it might be better than some jobs both in the stability of tenure and pay.

Sure, we were starting the premise of the question in regards to a single guy rather than a family, and sure it likely does not hurt to explore beyond just one kind of a demographic of forum members who might be considering living in some other parts of the world, yet I also believe that one of the underlying premises that was being considered was already having some kind of an income from a signature campaign or maybe even some kind of work that can be done through the internet rather than having to rely upon getting a job in the location... even though it would not hurt to know whether jobs might be available and what kinds of jobs, and frequently foreigners will work under the table rather than going through the process of getting all of the approvals.. ... but it does not necessarily hurt to know if there might be some potential demand for skills that foreigner might have, and yeah there could be a variety of ways to supplement one's income from internet kinds of jobs (including signature campaigns) and maybe other kinds of cashflows that might be coming in.

For sure, one of the dynamics of earning money on the internet might then lead to questions regarding how to exchange that into local currency, and whether that might be through bitcoin or dollars or some shitcoins that might be used in some areas, and then what kinds of fees might be encurred and also whether there is local hostility in regards to certain kinds of currency exchanges.. including the knowledge that these dynamics are changing on an ongoing basis too.
3414  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 23, 2023, 08:10:38 PM
Counterfeit dollars? Check.
Phony gold? You bet.
But fake bitcoins? Never. The power of bitcoin is unmatched in authenticity....


For sure a pretty great reminder about how gullible people can be.. and how bold others can be to engage in those kinds of "innovative" selling of items that they quite likely know are not what they are being described to be.



Nice painted fingernails Bbunny.

I always suspected.

 Tongue

No surprise there then from our copycat central bank.

Interest rate rises to 4.25% after jump in inflation
https://www.bbc.co.uk/news/live/business-65046301

Almost certain to do +0.25% in May and in June.

Summer easing is possible but not likely.

Wow.. You have a lot of faith.   Shocked Shocked

Sideways coin movement with gentle upwards trend for next 6 months is possible. Also my guess.

Sideways is also possible with dee cornz.. but corn usually doesn't like to do sideways, even though after the fact we can find periods of sideways.. it just seems a bit problematic to have expectations of such sideways... from the point of view of this here cat.

  But as JJG will say what the fuck does an old school fiat based boomer fart know.

You said it, as modified... Accordingly, I modified your statement a wee bit in order to FTFY.

But, yeah, what does an old school fiat-based boomer fart like uie-pooie actually know in reality?  Sure you have dreams, and even dreams of the past ole days.

Go on Jerome.. Tell us what you really know.  (I figured out your IRL name)
3415  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 23, 2023, 07:46:42 PM
i still hope the price will be going sideways for some more time.
Even though it is better to wish for sideways rather than down, still not a good look.

 Angry Angry Angry Angry


Sharpen up, soldiers!!!!!!!

If you are an OG.. act like one.

Don't be looking like a low coiner, no coiner or a trader who sold too many cornz, too soon... even if true.

I see what you did there  Wink
Not that i am against a juicy bull run (or bull aera), but i like to buy low. I'd admit, i'm 10% greedy  Grin
On the other hand, neither up nor down ever kept me from adding bitcoin to my stash. Don't you consider that as OG? a wee little bit Wink

To me, it seems that my original attempt at a shame-laden lecture was largely "on target."

So, in essence, I am not going to show much if any mercy..** even if your case might possibly deserve a wee tad little tiny bit, perhaps?

**Appeal to all of the authorities, or even to the CEO of bitcoin,.. .. I could care less... I am sticking to my guns on this one.


what else do you need?
A CEO who is not a degenerate shitcoiner.

Don't let the door hit your furry lettuce butt on the way out.   Cheesy Cheesy Cheesy Cheesy
Lettuce butt?

🅱️ro. I've taken a concrete jackhammer to my asshole on several occasions just to try to feel something.

You shut your moist, delicate vagina.


Lookie uie pooie.

Getting all worked up over different interpretations of reality...

Sticks and stone may break my bones, and jackhammers are not good for lettuce butts.

Be careful with some of that.




It's all fun and games until someone's eyes get poked out.. or perhaps other unintentional irreversible damages take place.


#justsaying... you will thank me later.


 Cheesy Cheesy Cheesy Cheesy Cheesy

why the mini dump? we haven't even reached 29.9k
Tbf, based on volume and closing Daily lows from May last year, the previous support was around $28.5K to $30.5K, rather than some physiological $30K level. So price re-tested old support and unsurprising it has initially acted as new resistance. Also reaching this previous support level coincided with the fomc meeting, so people decided to sell just in case. Cos ya know, buy the rumour sell the news and all that.

Price so far bouncing nicely from 50 MA on 4hr, so nothing bullish really lost yet unless we see prices move back below $27K.

Looks fine to be basically. Losing $27K continuation level and a re-test of 200 WMA / $25K become more likely, but so far, this isn't the case.

I don't know what TBF is.

Regarding going up above $30k, we were just struggling with $20k and even staying above $20k a mere 11 days ago (right prior to the Fed announcement of a SVB bailout), so I have a hard time considering any retracement back to some of those lower $20k levels to be particularly bearish, especially given how fast the BTC price shot up.... and it wasn't as if a bull market had yet been confirmed, even though many folks seem to want to declare a bull market based on information that they already have, and I am too much of a scaredy cat to enter into such declarations, especially when we were struggling to stay in the upper $16ks just prior to the beginning of this calendar year.. which this first quarter has not even officially ended.. not that king daddy gives that many shits about calendar years and financial quarters and all of that potentially mumbo-jumbo clutter.
3416  Economy / Economics / Re: Is there a place in the world you could live like a king via sig campaigns? on: March 23, 2023, 07:21:21 PM
in the Philippines primarily, where stuff is still relatively cheaper compared to other parts of the world. 5 roommates could easily live on $1500/week, which is approximately around PHP80000. That alone could cover full month's rent on a relatively well-off neighborhood ($1000 per month), meals that could suffice a family of 5 for a week ($200-300), and utilities (approximately around $300 monthly for electricity, water, gas, and internet). With most of these expenses going towards monthly charges, you could expect that a payment of $1500 per week is more than enough to last a team of 5 people even if they have to share from that money. Which is also consequently the reason why some of my online friends from the Philippines are doing their batshit hardest to be able to join Chipmixer's campaign, they sometimes call it the "holy grail" even.

Edit: If you're looking to acquire citizenship in the Philippines permanently as a foreign citizen, Naturalization is the way to go. I find that this particular video's the most informative out of all I looked up.
3 WAYS YOU CAN BECOME A NATURALIZED FILIPINO CITIZEN!!!

I appreciate some of the details of your post, and of course, getting some of those details might help any one to more realistically consider what to account for in any particular region/country.

Regarding Chipmixer:  You likely had not heard that about a week ago Chipmixer's website/services got shut down, and the owner of the mixing service has been brought up on charges?  No one (referring to the alleged owner) has been arrested yet, as far as I know.  Therefore the signature campaign stopped right around the time of that announcement.

Clearnet site says seized... wow. TOR site still looks normal?



Of course, there may well be some other signature campaigns that are going to pay sufficiently high amounts (maybe more than $100 per week?), but still seems a bit too much to expect to be able base living standard plans on income from signature campaigns, even if you might be able to get something like $300 per week from a signature campaign, it seems to me that $100 per week is likely more realistic.. just to be conservative in making estimates that do not cause you to be overly reliant on keeping such a higher level of cashflow and/or being able to bounce from one signature campaign to another, in the event that the signature campaign that you are in gets shut down or discontinued.
3417  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: March 23, 2023, 06:54:48 PM
Counterfeit dollars? Check.
Phony gold? You bet.
But fake bitcoins? Never. The power of bitcoin is unmatched in authenticity.

”This reminder of why bitcoin is better than gold: 10 Troy oz "gold" bar is filled with tungsten and covered in a thick layer of gold.
Gold and tungsten have very similar densities, which means this bar weighs correctly and is the same size as a genuine gold bar.”


https://www.reddit.com/r/Bitcoin/comments/11yzc76/this_reminder_of_why_bitcoin_is_better_than_gold/
A quick ultrasound test will take care of that nonsense. The Ultrasonic thickness measured will differ to Calipers measurement.
https://www.kern-sohn.com/shop/en/measuring-instruments/gold-testing/TN-GOLD/

Yeah, but really does the ability to perform more sophisticated tests, such as the one that you describe, really resolve the issue and even the seamless nature that comes from assaying (verifying the validity of) bitcoin as compared to assaying (verifying the validity of) gold?

I don't have any major problem for those who are already experts (and used to) holding gold to continue in their past practices, but they still should be attempting to get a grip upon the power of bitcoin, including that bitcoin is likely around 1,000x better than gold in all aspects, and sure there is some benefits to the physical tangibility of gold, but that physical tangibility can become a liability too, especially in an age in which there are a variety of ways in which value has been better able to be created, stored and transported in digital ways - and bitcoin serves as both a foundational paradigm shifting invention/discovery that allowed for the unharnessing a lot of the difficulties that had previously come from some of the corruption (including double spending) of previous digitalized value mechanisms.

There seems to be more and more people coming on board to the understanding that the various verification mechanisms within bitcoin are very powerful and they facilitate ways in which the verification is done in a variety of ways and does not require as much trust in the systems that have had historically been verifying gold (even if there might be some new and better gold verification techniques).

Hopefully, you got ur lil selfie some cornz montaga, in case it catches on.. .. and surely many of us longer term bitcoiners recognize that it could take one or two cycles or more to build up your bitcoin holdings, even though anyone newly coming into bitcoin can still end up profiting stupendously because it is still early days, and they likely would be better off to focus on learning about bitcoin and investing into bitcoin rather than trying to figure out how to deal with various aspects of gold holding challenges, including that it seems quite likely that bitcoin is going to continue to eat gold's lunch, just like it has been doing for the past 10 years or so.. and sure, I know it is a bit unfair that bitcoin is appreciating in price so much as compared to gold, but that's just one of the actual real world dynamics that exist when there is a new value storage system that is replacing aspects of the old system.
3418  Economy / Speculation / Re: Buy the DIP, and HODL! on: March 23, 2023, 05:19:11 PM
[edited out]
JJG, I believe I may have been in a bearish mood when I posted that that day. But after some meditation, I give you a more bullish context. Bitcoin might start playing the role of "Honey Badger don't care" again and go up in defiance of what the economy, or the legacy markets are doing.
 Cool
Possible? Probably. Unbelievable? Perhaps, but we HODL!

It's not easy to refrain from getting caught up with whatever the BTC price might be doing in the short-term. .and then once some seemingly extreme BTC price move happens, then get caught into a kind of thinking/believe that the short-term direction (momentum) is going to continue (and then suddenly the momentum reverses), and for sure the past several weeks have played out in see-sawing kinds of ways for bitcoin, and even if we look at the BTC price charts, there is nothing in the charts that really look very scary - except perhaps that bitcoin seems to be (at least temporarily) playing out the opposite of the various other calamities that are taking place in the overall market - and there seems to be a quite a bit of hostility being expressed towards bitcoin and maybe even some decently strong attack actions too.. but like you mention, honey badger does not seem to give too many shits, and truly if various governments (like the USA) become more and more hostile (and wanting to battle with bitcoin), then it is likely going to cause battles within the country but also likely cause some of the BTC price movements to get their initiatives from outside the USA locations, so surely there are some sayings within bitcoin that governments are not able to ban bitcoin, but instead they are able to ban themselves from bitcoin..


....and we have seen quite a few examples of governments banning themselves (and frequently certain fall out to their citizens) from bitcoin, but then they seem as if they end up having to flip-flop in terms of their banning and unbanning and then banning again and just showing that they are not really able to have as BIG of an effect on "controlling" bitcoin as they seem to be striving to accomplish - especially since BTC is an international phenomena and the word is getting out more and more that bitcoin has a potentiality (and even a likelihood) to be able to benefit everyone, and even though the "rich" can benefit too, the "rich" are likely going to have their wealth transferred away from them because they are spending too much time failing/refusing to recognize bitcoin and/or to appropriately allocate into bitcoin, which continues to create opportunities that are available to less well off (less financially rich) than other folks in the world to be able to advantage themselves by investing into bitcoin and even attempting to be prudent about their creating and following an ongoing investment into bitcoin that likely will pay off well over the longer period - even if there are continued battles and uncertainties in the shorter-term periods.

and for sure none of this UPpity is guaranteed.. but yeah we HODL and we accumulate BTC if we still have not gotten enough and especially if we are barely starting in bitcoin then we should be considering buying regularly and then maybe saving extra to buy on dips too.. and yes, none of us know how much further dips there are going to be or how much should be saved for the further dips, and that remains part of the justification to just buy regularly and be careful not to wait around too much, just in case dips do not happen and just in case such dips (if they do happen?) do not go as low as anticipated.
3419  Economy / Exchanges / Re: [Updated] FTX on: March 23, 2023, 04:52:59 PM
https://ftxnetworth.com/00152360.htm
Who is this creditor that lost 3403454FTT ? ($75M)
It appears that he is also a FTX equity owner

Thanks for that link Creditor11 (and welcome to the forum), and I see that yesterday you had created a forum thread on the topic of that "leaderboard"  

I had not really been aware of that website, so I will look through your forum thread later today.. and see what members have to say about it...  (maybe in a couple of hours.. depending on whether I am able to take care of some other matters first that I have to do or if I decide that I will look at your thread before I do my other tasks.... your thread is still pretty new and therefore still pretty short (it's still on page 1).
3420  Economy / Economics / Re: Is there a place in the world you could live like a king via sig campaigns? on: March 23, 2023, 04:37:00 PM
it all depends on the currency in each of these countries, the dollar has always been one of the top currencies in topping the world's currencies. Surely it would be very profitable if someone from a country whose currency is under the dollar follows a campaign and is paid using dollars.
maybe for people in America or countries with dollar bills $ 300 looks normal, but if $ 300 dollars are used
in a low currency country, it will definitely be very profitable and sufficient for everyday life.
$1 in America
What can one US dollar buy? In America, you can use that money to buy a slice of pizza, a gas lighter, paying for one hour of parking, a medium-sized bottle of mineral water, candy, postcards, cotton buds, and many other things.

in my country $1 can be bought for 1.2 liters of fuel, 7 gas lighters, 5 medium-sized bottles of mineral water, paying for parking for a day and a night, buying a fair amount of candy.
for $1 in the country where I live I can eat very full.
so it's no wonder $100 or $300 per week can be very special and very valuable.
Well, if $100 to $300 per week is enough (that's a pretty broad range), do you think that you can sustain somewhere between $100 and $300 per week on a signature campaign, and do you believe it would be prudent to attempt to buy bitcoin too? would there be any savings left with that level of cashflow?

There are a lot of complaining all over the world regarding inflation, but stil there are likely places in which people with a steady income of $100 to $300 per week can live better in another location (as compared with a western city), but there would still be questions regarding sustainability and there may well be questions regarding whether anyone is going to want to live in that place for several years (is it even possible or feasible.. such as documents to be able to stay).  

You are just vaguely answering one part of the question to say that a guy/gal can get by for $100 to $300 per week, but then you are not really saying very much else regarding what the lifestyle might be like for those kinds of prices.. and surely there seems to be a pretty big difference between $100 per week and $300 per week.  You did not even say which country, either.. so how is the weather in that location, and is it in rural areas or close to cities with supplies and restaurants?
here I will be more detailed in explaining, $ 300 if converted into the currency of the country where I live, that money is around 4,525,395.00.
and the 4,525,395.00 is one month's salary for a security guard,
so it would be very helpful if usually that amount of money was earned with one month's work, for example now with that kind of money you can get it with one week's work.

for food costs, 1 liter of rice here costs 9000 per liter, if converted to dollars it costs $ 0.60
$300 can buy almost 500 kg of rice.
and for side dishes or vegetables here it is very cheap, cheaper than rice.
$300 a week can buy a few weeks' supply of food.

here the climate is tropical, and the cost of eating at a food stall for one meal is around the price of 15,000 if the dollar is $ 0.99
means that with $ 300 you can eat 300 times.
with side dishes, one piece of chicken, one bowl of rice, and vegetables.
so that's quite a big $ 300 per week.

Ok. fair enough.  You are being more specific, so I am imagining that $300 per month is enough to allow you to get by with a very basic living (living the same or similar kind of lifestyle as a security guard), and so any amount more than $300 per month would allow you to live a higher standard of living.  

So, you still did not say which city (or country or which part of the world that you are talking about) and you still did not say whether you would be living within an area that has a lot of access to goods and services, and of course, many major cities around the world do have access to a large variety of goods and services, but the more off of the beat-n-path they are, then the more challenging that it might be for a westerner in terms of kinds of options available and whether s/he might be feeling as if s/he is living like a king or suffering because s/he is missing out on certain kinds of goods/services that s/he is used to in the prior country (location).

I surely would like to attempt to figure out the bigger costs, and the most likely basic costs that have to be incurred, such as housing, food, transportation, internet (and communications such as phone services), and perhaps some other basics, and you did go into some further details in the seeming relative inexpensiveness of the eating out situation.., but of course, there are still those other essential basic costs that would need to be  incurred.... ...

Even if a westerner (or a foreigner) comes into a new location, it might take them 1 or 2 months just to accommodate themselves to various kinds of savings that the locals are used to experiencing, so frequently many foreigners are going to have to pay more for almost any goods and services, until they get more used to the various locations of goods and services and even the various ways to potentially negotiate better prices in terms of something like lodging.

And, even if we are talking about a lodging situation, there are some lodging situations that might have several rooms and already furnished (and perhaps even some other conveniences that are specifically related to that kind of lodging), and then there could be questions regarding whether utilities are including and whether heating/air conditioning is needed, whether internet is included, and whether their is a kitchen therein... so maybe even if a foreigner comes to such a new location, they might need to have more things already included in their lodging (so that will cost more), but if the foreigner decides to stay for a longer time, then such foreigner might want to set up a lot more of his/her own items and systems (furnishings and even perhaps paying his own utilities and internet).
Pages: « 1 ... 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 [171] 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 ... 1525 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!