Hmm. CZ sez put your money in his trust. Cui Bono? Yep, sure reads sort of self serving on his part. |
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yeah, Armageddon has about a 1% chance of happening, so don't fuck up your whole life and your ability to retire because you put way the fuck disproportionate preparation into that... like 20% or even 50% like some people seem to be inclined in those kinds of ways to prepare for holy shit not going to happen events - and I am NOT sure if that is just a means to talk themselves out of actually pulling the fuck you lever when they really should (but yeah, ultimately their discretion, and the above remain just factors to consider rather than trying to tell anyone what to do with their ultimate conclusions regarding what is important to them).
I don't really disagree with any of what you said, including the unquoted parts. But having seen the medical issues destroy people's finances more than once, in my personal list of things it's on my list of "it's comin' down the pike" rather than "small chance Armageddon scenario", so as you point out each person has that different list of factors they consider at various priorities. I totally get that some might see the large numbers and say "fuck it" instead of saving now, hopefully few to none on here, but I just consider it a journey. If I end up there great, if not, well I tried and will continually evaluate my options with regard to whatever curve balls life is throwing at me or likely to throw at me at the time. |
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Dominance of btc may come at the expense of growth of alt-coins, but that doesn't mean alt-coins are going to do badly at all. I predict that they will rise with btc, even if the rise isn't as steep it will still be a good year.
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If $5million is your goal, then you need
BTC price BTC quantity
$5k - (anticipated lowest, currently) = 1,000 BTC
$8,600 - (today's price, while typing) = 581.4 BTC
$10k - (reasonable extreme bottom price in 2 years) = 500 BTC
$25k - (reasonable extreme bottom price in 5 years) =200 BTC
$100k - (reasonable extreme top price within 2 years) = 50 BTC
$250k - (reasonable extreme top price in 5 years) = 20 BTC
I personally believe that $2million is decently enough because that gives you $6,666 / mo of passive income.
Always good to see numbers like this. $5 mil is a good goal to have, and the passive income from that would put you in the wealthy status in the USA. But of course as people age these goals need to be updated, I know a lot of folks here are younger but if you hit a medical emergency or some other such family emergency that requires you to dip into your capital you can be wiped out. So personally I think JJG's $2 mil figure is good but I'd want a lot of padding to cover those possible (inevitable) times, therefore I'd also peg $5 mil as a decent benchmark for this. Though everyone would be different here I guess. |
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In the wallet there are the categegories
locked accrued matured
I understand the first 2. What is the third one referring to?
Matured are coins that were locked, went through the interest accrual and have now finished the process. They are funds that have had interest applied through the hold period and can now be traded again. |
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I'm guessing someone probably posted this already but besides the obvious CSW pot stirring, I think it is interesting and a bit scary that exchanges continue to dominate holdings. Seems folks really don't get the importance or don't care that if you don't hold your private keys you don't hold your funds. Compiled by monitoring resource Glassnode, the statistics covering Bitcoin exchange balances show that as of Jan. 8, they controlled 2.12 million BTC — 11% of the supply.
https://cointelegraph.com/news/no-it-wasnt-craig-wright-bitfinex-moves-1b-in-bitcoin-for-48-cents |
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Is there some retiring of coin going on? I noticed on the chain explorer the in circulation amount seems to have gone down (haven't checked in awhile though).
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Friday night, observing $8,070
This is how OG HODLERS roll.....
LOL!  Man, I knew we had something in common - here´s how we Greeks roll!  We do it a little differn't round these har parts...  |
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If you trust any youtuber for anything other than casual entertainment you are making a big mistake. Might as well just hand your money over to the first person you see on the street.
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The charts seem to think it is. It's a little concerning that the prospect of imminent destruction can only prop up the corn temporarily. I'm sure that says something about humanity but I'm going to actively avoid thinking about that. Go btc! |
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Discussion of crypto's quantum vulnerability (if nothing changes) seems to be heating up... We should seek and upgrade to a quantum-resistant crypto stack in blockchain implementations and all other systems that depend on asymmetric crypto (e.g., banks, governments, etc.) as soon as possible. Quantum supremacy is inevitable — it’s just a case of when. https://cointelegraph.com/news/will-googles-quantum-supremacy-break-bitcoin-in-2020 |
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I wonder which of those orange dots was Trump's guess. I did laugh at the guess that puts Iran in Hawaii or Greenland.
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If BTC makes an extended bull run I'm sure ETH will follow. But it's going to take a decent period of investor confidence to drive it.
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Anyway, very nice pair of earrings.
I can't quite put my finger on it but I'm suddenly thirsty. |
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This move makes sense as I'm still waiting for a fiat transfer so I can do a beginning of the year bulk buy. I might turn it into a larger weekly DCA instead.
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