Can a series of movements be taken as a more reliable sign? As in "down to 9.8k-9.9k, up again to 12.2k and slowly climbing 100$ a day for a week"? Or some hydraulic quantitative measure (using Toxic's suggestive idea of pools that fill up)?

Maybe it's too simplistic to try and define a complex situation by a simple level to be reached, if the path is not also taken into account.

My relationship with money has changed a lot. Almost every day, it occurs to me that so many worries and tears and toils are about - what - a btc cent? Ah, no, that's 1.5 cents. It doesn't change anything - all is relative, but in these occasions I feel like I'm living on another planet.

Perhaps more interestingly, now I see fiat money as funny color printed slips of paper that people give value to even if in some sense it isn't "real". It has no objectivity, for lack of a better word.

Or... no, wait a minute. We don't even get to see those slips of paper much anymore now, do we? More often that not, fiat money is a bunch of numbers in a giant database, much like bitcoin. Except, there are guys that have the master keys for some parts of this huge database, so they can edit, hack and play within a loose set of rules. No, I've got no such key unfortunately.

Also, bitcoin has taught me that my most precious resource is time. No matter how rich or lucky I am, my lifetime is capped. No soft or hard fork can inflate my healthy living years to 1000. It's important to make each minute count.

This winter, every jam I've been to had me thinking exactly this.
Recently, I'm always feeling like I'm the only one who knows when to stay low or lay out completely (if applicable).
I wish I knew better jams around here. Maybe it's a seasonal thing.

Not to just "everyone", though.

Just to those posts that are informative or useful or funny or have some other virtue.

I know it's unpleasant being a new user. I think you can't post links or images - or maybe you have some other serious limitation.

Here is your first merit, as a wish for more to come. Just keep posting good stuff, and they will come.

Welcome!

Not that much, but we were thinking of a LONG piece about ratts and laddered trades.

I knew you played guitar as soon as I saw your defensive response "But sometimes it's hard to hear guitars over the drums!" (quoting from memory).  

Your shredding inability gives some hope to the fact you might still be a worthy human being after all.

 

Is it just me, or this guy has been de-panted too??   

Everybody just stop mentioning the bloody PANTS, mkay? 

That serves them right with their "I can't hear myself!" mantra 3:-)

Actually, I was thinking about moving around a Leslie and several keyboards - "occasionally a real Hammond." (!) 

Alone? You've got my respect.

How would you support a public firm with your bitcoin?

10% sounds nice to me because at current prices, it allows a hodler to extract a decent living in decent places
on double digits deposits. Imagine someone well into triple digits opening such accounts on different banks. (Inb4 jews, usury, Rube Goldberg).

Not that I believe it's going to happen. But that's what I meant by "a fancy brochure" - that they can't offer anything like what I'm asking. The same I meant by "backed by crypto", and by "uninflatable bank stock" (does anything like uninflatable stocks exist at all? Let's ask Torque  ) - collateral they will lose if things go south.

Bitserve's sane, practical words raise similar issues.

This wouldn't be allowed since "backed by crypto" also implies "auditable by the end user". I'm thinking positions backed by individual public addresses or LN channels. Not going to happen, I agree.

And give me back 110% of it each year. At cheaper prices of course, but how would they manage a btc bank run? They'd need to buy back and the squishy-squeezy sounds would reach the moon a whole day before the corn.

Indeed. But if it did, their profit over 10% would be justified by swallowing the counterparty risk for me.

Reality, again. Thanks for spoiling my dream.

Doesn't sound good.

I'll say it again. I would trust some of my btc to a traditional bank, as long as

- The deposit is backed by (audited) crypto or undilutable bank stock (ordinary bonds would be OK too)

- I get my interest (in btc). A reasonable 10% or something like that, depending on market conditions.

These banks will find out that luring old school hodlers to part temporarily with their precioussss takes more than a flashy brochure.

Aahh... so THAT was the source. Thanks for straightening me out, BTCMILLIONAIRE.

(Super-OT - Fentanyl is indeed a serious issue. If they just didn't bunch lethal opioids with mostly harmless stuff when writing laws or answering AMAs... but sorry I digress.)

Probably irrelevant, but here's a fresh AMA by Bill and Melinda Gates on Reddit.
I haven't read it, and don't think I will in the near future.
A page search for "bitcoin" yielded nothing, but I didn't bother searching for "crypto" or other related terms.

https://www.reddit.com/r/IAmA/comments/80ow6w/im_bill_gates_cochair_of_the_bill_melinda_gates/

It could be interesting if there was a reasonable yearly interest.
Like 10% backed by crypto reserves. Or by 2x undiluted stocks.
Not gonna happen eh? 

I'd say it depends on the drugs one buys.

And even if it's some "wrong" drug, getting it anonymously on the Internet sure beats looking for a fix in dodgy places.

Vastly offtopic - but more relevant than race talk.

Right, it's 640, I was off by a factor of 10.

8088... no, never touched one. But I do have a secondhand idea of how an 80x86 works - and I think 286 and 386 (full 32 bit addressing possible) were current at the time he is reported to have said that (late 80's/early '90s). Advanced users were forced to use memory extender add-ons. The memory model concept was an ugly kludge, even if the quote is a fake.

By that time, he knew already. Hence his dream of conquering the world with the Microsoft Network.

Bill Gates is the same guy who said "64 kB should be enough for anyone". Now he denies the quote is legit, but he sure acted like it, failing to endow DOS and the first Windows versions with proper memory addressing.

Bill Gates is also the same guy who thought the Internet, anarchic network of networks as it used to be, would be a passing fad and everyone would just use the Microsoft Network.