I really like the look of this projected chart, especially the next ‘crash’ which shows the price at still over the current ATH. I can definitely live with that.
The problem with that chart is, the other 4 chars I shared were predicting $80-100k as the top, this one says it can go as high as $500k. Where is the problem? If this one happens to be true and the others not, I won't be having enough btc to enjoy that $500k. I know I'll be having at least 1, but is it enough?  People will he cashing out to lambos like there is no tomorrow once we go above 50-60k. I find it pretty unrealistic to see it going above $100k in this bull run but who knows... what if... It seems that you should prepare for both realistically bullish and outlandish scenarios, including the possibility to that we reach $500k in the next cycle. Based on my knowledge of your BTC holdings, to me, it does seem as if you would be selling too much if you are down to 1 BTC anywhere after (or above) $100k. On the other hand, it might end up working out for you to sell higher amounts, yet it seems that you gotta figure out what level is actually comfortable for you, even if it seems extreme and unlikely to happen. There were surely some BTC HODLers who thought that $5k was the absolute top in the 2017 cycle and maybe they had only 1BTC after that, but then they were then paralyzed in selling it above $10k too because they felt that they had already sold their stash or shot their wadd by too much and too early. My current 'feel' is pretty much inline with planB major thesis. Unless something happens to break it, I would use his graph as a guideline. Predicted value is 55K at the halving, then slowly moving about 2-3 fold from there toward next halving. However, going backwards, btc was "supposed' to be at $3700 when it peaked at almost 20K, so it was roughly 6X predicted. Therefore, the range of the next ATH is most likely 55k-330K with about 180-190K mid range. When to sell depends on when the true parabola starts going fast. TL;DR If planB is correct, we are going to 55K-330K as the next ATH. Midrange target of 150-200K is very appealing, albeit I might sell some at 120K. t |
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^ Breakout.... i’m the last person able to do this ........  I almost went blind trying to read that, ha ha you can avoid that, just quote the message and read properly right, that's exactly what i did, hence the prior post  |
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One more BTC bull run and that's it. I'll be unemployed, living on passive income just like makrospex.
Merited, but bitcoin does not provide passive income, unless you are into rehypothecation games with blockfi, etc. BTC is a hard money, but you need to exchange it to soft money to live off of (for now). That's right. Sadly I'll have to break some bitcoins for FIAT to make that possible. (Depends on the investment, probably all, but 1) I haven't decided what to do with the (imaginary) money yet. Maybe buying a few flats and renting them away to the wage slaves. The easiest, o brainer, but a bit disgusting way to do it. What other passive income ideas have you got? Help me out! I am starting to think even $1m won't be enough to live free. Maybe I aimed too low. Shoulda aimed for $10m instead. :d Aand its going up, need to buy more before it leaves the surface of the earth completely. This is one of the questions I am pondering as well. A modification of your plan: buy vacation properties, then hire a management company to deal with them. vacation properties in good vacation spots in US have a 5%-10% (of the property cost) yearly cash flow.Considering that with good credit score you'll need to put down only 5-10% of the property cost, it does sound interesting (not my idea, but i kind of like it). Another advantage: you get to go on vacation at your own property where you carve out a week or two for yourself, At some point we all are going to realize there isn't "easy money" probably. (at least easy streaming money) BTC is the easiest money I've known so far. I made nearly as much (or more) money in 2 years from BTC by DCA'ing with pocket money than what I got from my job in 7 years. Buying and renting properties is not really "passive". As others pointed out above, it is just another business where you still have customers. Maybe It will be a better business than what you have now, maybe not but it is not really "passive" Passive means "no effort" You spend effort to collect those damn rents. you don't spend much effort if it is a vacation house as it is going either through management company, airbnb, vrbo, etc. At least, this is my understanding of it. So far I was only the vacationer in those, though. |
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The most lucrative RE in the future will be Senior housing complexes and near retirement housing complexes.
The second most lucrative will be young professional apartments in major city hubs.
Because neither of these two groups will be able to afford houses in the future, and likely won't even want them.
This seems to be correct. I see several multistory (17-20 stories tall) retirement buildings under construction smack in the middle of the otherwise healthy area in my city. Luxury apartments for seniors (independent living, but with some medical staff, etc). Second also correct, many such buildings are going up like mushrooms. However, perhaps a bit too expensive a project to take on as a hodler/developer. |
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One more BTC bull run and that's it. I'll be unemployed, living on passive income just like makrospex.
Merited, but bitcoin does not provide passive income, unless you are into rehypothecation games with blockfi, etc. BTC is a hard money, but you need to exchange it to soft money to live off of (for now). That's right. Sadly I'll have to break some bitcoins for FIAT to make that possible. (Depends on the investment, probably all, but 1) I haven't decided what to do with the (imaginary) money yet. Maybe buying a few flats and renting them away to the wage slaves. The easiest, o brainer, but a bit disgusting way to do it. What other passive income ideas have you got? Help me out! I am starting to think even $1m won't be enough to live free. Maybe I aimed too low. Shoulda aimed for $10m instead. :d Aand its going up, need to buy more before it leaves the surface of the earth completely. This is one of the questions I am pondering as well. A modification of your plan: buy vacation properties, then hire a management company to deal with them. vacation properties in good vacation spots in US have a 5%-10% (of the property cost) yearly cash flow.Considering that with good credit score you'll need to put down only 5-10% of the property cost, it does sound interesting (not my idea, but i kinds of like it). Another advantage: you get to go on vacation at your own property where you carve out a week or two for yourself, |
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Those wondering about the impact of BAKKT on the market, needs to realize something else.
It's not the fact that they are going live within days. It's completely the relative timing.
They could have gone live over a year ago. The tech was already in place and working behind closed doors.
But they didn't. They delayed it.
So ask yourself: Why go live now? Why not a year ago? Or why not kick the can for another year?
Is it too obvious to state that we were in a bear market last year, the impact of opening would have been minimal & the interest would have been lower? Yes, somewhat true. But look at what's happening globally right now. Global recession. Currencies are hyper inflating. Equities bubble. Bond market bubble. Asset bubbles. Negative interest rates in govt and corporate bonds. PMs are up bigly. The fact is that "they" had zero interest in a true hedge trade (aka physical Bitcoin), until right now. It suddenly became an overnight imperative, so it seems. I would love this to be true, but I am also prepared for a few more "slings and arrows of the outrageous fortune". They are still trying to cut loose as many as possible. |
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^ Breakout.... i’m the last person able to do this ........ I almost went blind trying to read that, ha ha |
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One more BTC bull run and that's it. I'll be unemployed, living on passive income just like makrospex.
Merited, but bitcoin does not provide passive income, unless you are into rehypothecation games with blockfi, etc. BTC is a hard money, but you need to exchange it to soft money to live off of (for now). It's totally possible to replace a salary with interest payments on Bitcoin holdings without selling. If you have held for enough years. The only option I know is Celsius. yes, blockfi and Celsius, but such interest is not "native" to bitcoin blockchain and comes from a third party re-hypothecating your btc that you "lend" to them. Essentially, you have to assume that they don't go belly up somehow and would always return your btc. Do you feel lucky, hodler? |
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One more BTC bull run and that's it. I'll be unemployed, living on passive income just like makrospex.
Merited, but bitcoin does not provide passive income, unless you are into rehypothecation games with blockfi, etc. BTC is a hard money, but you need to exchange it to soft money to live off of (for now). |
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@Alexanderjest The case of $100 000 000 per Bitcoin. Bitcoin could be $100 m+ without hyperinflation @ Worldwide Adoption The total cap of BTC should be equal to World Total Wealth (WTW), which in 60 years will be weĺl above $3000T. As you can find below the graph represents that process.  web link to the secondary content deleted We are the next generation of uber, wealthy elite. That alexanderjest just posted the content without any attribution. LFC, it is not your fault, but let's not reference the secondary. The original content was here (about 13 mo earlier): https://twitter.com/MustStopMurad/status/1022169639386836992or if you want to reference his twitter page, here: https://twitter.com/MustStopMurad?lang=en |
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Every time our parents had a kid, they were born into this shitstorm and try to survive it.
I dunno, life was pretty good at least until 2001 (that's quite a bit for me, maybe very little for you, youngins). After that, lots of stuff that was not so good. Sometimes, I think that an outlook depends more on your personal circumstances rather than being country-specific. |
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After institutions got involved, bitcoin price moves become half-moves.
Anyone learning Portuguese? Lol
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Description of miners:
1. S9 11.85th/s variety, runs stably at 11.8 Th/s, $220 (in btc) plus shipping to US (FEDEX ground typically runs about $20)
2. S9 13.5th/s variety, runs stably at 11.25 Th/s (setting 525) when ambient is 80-90F. Runs at full speed with lower ambient temp.
Price $215 in btc plus shipping. Your potential upside (not guaranteed) is up to 2 Th/s if you are in the colder climate.
Miners are in hosting (Midwest), so I cannot post pics.
If someone would be interested, I can post performance pics (here or in a personal message).
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She looks like a dragon  I see GodziRRRaaaa... |
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WAGs=wives and girlfriends, usually of famous personalities, rockstars and/or football players (football that is called soccer in US).
This term is not typical in US, mostly in use in UK and probably Australia.
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Most fiat money is debt, so negative interest rates mean that more money gets borrowed, meaning more debt is created, meaning more money is being printed. Asset inflation continues unabated. Market will lose confidence in the sustainability of money-printing suddenly. https://twitter.com/jimmysong/status/1167203731550670851?s=21Mmmmmm plan BTCSuddenly? I thought so too, then remembered that Japanese are at it since 1989 (for 30 years). I don't wish for that day to come, so this suspended animation might be OK I give the sudden loss of confidence 50:50 chance in the next 10-20 years. |
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Nobody seems to be able to predict bitcoin moves, not in 2017 and not now. 2018 drop was predictable (only the extent of it wasn't).
I think that altocalypse will continue until everyone is even more bearish. ETHE is STILL running at more than 100% premium to NAV, for crissake.
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Interim ruling by the judge in Kleinbold v Craig Wright TLDR: Judge rules that CSW is a lying shithead. The hearing testimony that the trust holds only keys, not bitcoin, cannot be reconciled with the statements in the April 18 Motion and the May 8 declaration that it contains bitcoin...It is not credible that, given his claim to have an unmatched understanding of Bitcoin, he would have mistaken the Bitcoin currency for the keys that control the ability to transfer the currency. https://www.courtlistener.com/recap/gov.uscourts.flsd.521536/gov.uscourts.flsd.521536.277.0.pdfNot disagreeing with a gist of it, but honorable made a whoopsie there. Somehow most lawyers cannot understand that the ability to transfer bitcoin (having private keys) IS bitcoin. |
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I posit that hodlers would probably do very well in a marshmallow test (when they were kids). I doubt that anyone here was tested, so....
The question is: who is the strongest btc hodler on WO?
Possible qualifications: never sold any bitcoin (holdling at least since the peak in 2013 or earlier) for fiat and/or alts and forks.
Direct purchasing of things is OK since without spending there would be no btc success story.
Come forward, tell the story and let us admire your persistence against all odds.
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25 August 2015 was the final and darkest day of the 2014/15 crypto winter.  Today is 25 August 2019 We seem to be less volatile on a daily basis than in 2015. Funny, I was watching GBTC back then and noticed the reduction in premium (to NAV) on either 18th or 25th, but somehow did not pull the trigger in IRAs. Still don't know, why, it just happened...I guess I was expecting an ETF soon (not waiting for it any longer). |
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