Happy Preemptive New Years WOers ! A small competition to celebrate the ending of 2019 (and the bear season with it) and a welcome to 2020. As always, name this landmark. It is a major global landmark. Usual rules apply: 10 merits to first person to name location. V8 is only allowed two guesses per day. More pixels added at random intervals. The full picture is identifiable as the landmark.  My guess: Washington DC. Not sure where, maybe in front of the Capitol? |
|
|
|
Halving, maybe: "The halving is priced in so much that it’s actually not priced in and no one is buying bitcoin except the smart money who knows it’s not priced in who has convinced everyone else it is priced in so when the halving occurs and price is skyrocketing no one will be holding bitcoin" https://twitter.com/JacobCanfield/status/1210927394397315072 |
|
|
|
Any way, Christmas is over, let’s get back to doing what we do best......
Observing walls, checking the price too many times a day & dreaming of the MOON!
Oi! My tree is still up, mate - for me it's not over. Not yet! |
|
|
|
The current price is looking sooo tempting  Should I go full in now, or wait for another dip? Or be rational and buy in 2-3-4 portions?  This is the question! Wait. For sure. Perhaps wait for sub $3k. Why would you want to buy now? There has ONLY been less than a 50% correction from the $13,880 local high. Actually, I am all in in terms of life savings, but not in terms of networth, since I don't have a bank loan and I own my place and a car. Now I am tempted to take a loan from the bank guaranteed only by my state job salary and not by mortgage or anything like this. I've been playing various scenarios because a bank loan is a risky thing. What I've come to as a solution is to take one loan to buy at the current levels with monthly payments for 10 years equal to 1/6 of my salary. The annual interest is 5%, so at the end is slightly above 25% for the whole period. I can't risk all money at once, since the price can fall to 3K. If this happens I can double the loan. I still have my cold stash which would be 3x-4x bigger than the loan and is an insurance against a theoretical job loss. I suppose the risk is not too big, since my state job is with an ulimited contract. My motive is not some greed for a quick profit, but rather to reach an amount in bitcoins which I had in my mind. I tried to reach it but I failed for various reasons. And most probably I won't reach it, because max 1 year after the halving the price will stay higher than 10K. If you want to encourage me (or not) go ahead, every opinion will be appreciated! No one can (or should) advise you to use debt to buy a volatile asset. You must make your own choice - most people here are (like me) very bullish. However, how will you feel if you go into debt and it drops further? Anything is possible, so you must think carefully. Going into debt for speculation can go badly wrong. |
|
|
|
A bit early, but am I looking at a double bottom... Or is it just the desire to see something to lift my... spirits?  |
|
|
|
So here you go kurious Note I have requested these cards from a very kind person on the BTCT forum .... Just asked for some small details Tongue credit to: Basorexia *hope you guys can find yourself in those cards Thanks Mic and Basorexia, much appreciated - and I finally got this card, too:  Like d_eddie I seem to permanently catching up on the thread - but I never miss a post here. |
|
|
|
I agree it could be good, but the article is a little silly - it's not a 'huge' bet at just $22,500 in outlay. Any decent rise in rise will increase the value of those options, which can be sold at a profit... (time for bed, WOs - nite!) |
|
|
|
Of all the things I've owned, none have taken as much attention as BTC
Hey - am not a merit source Icygreen - but I do have a few saved up for special occasions. Just popped you some for the wonderfully crafted patches you kindly sent, hopefully you wil soon not only have the best hat on the WO, but legendary status, too... Respect. |
|
|
|
|
Nite Mic, catch you soon...
|
|
|
|
is that a fish? or a plane?
It's a '50s desk lighter in the shape of a rocket plane... headed for the moon, natch. |
|
|
|
I’m HODLING some Nigerian dollars, kurious  That's funny - I could have sworn they were Zimbabwean, mate |
|
|
|
MicG beat me to it, but I got back on Monday from a trip to find an envelope through my door...  Icygreen - you're a star. Thank you! |
|
|
|
I know some guys here who have some of these Zim multi trillion dollar things |
|
|
|
OK - Northern Ireland is not the same country as Ireland (while both countries are on the island of Ireland). In Northern Ireland a majority of the population identify as British. The rest of the population of Northern Ireland Identify as Irish. All those living in the country of Northern Ireland are - in terms of nationality - British subjects. The identity divide is generally along religious lines, the catholics identifying as Irish and wanting to unite with the rest of Ireland (Republicans) and the protestants (Loyalists) wishing to remain British. It all goes back many hundreds of years and was the cause of the sectarian violence seen up until the relative recent peace in Northern Ireland since the Good Friday Agreement was signed in 1998, which involved the paramilitary organisations on both sides ceasing decades of armed hostilities. With both Ireland and Northern Ireland being in the EU economic zone there has been (effectively) no border between the two countries lately. With the UK wanting to leave the EU, the border may have to return - which the majority of ALL the Northern Irish population do not want to see - as it will possibly reignite the sectarian conflict and see the return of the paramilitaries (and their violence) on both sides in Northern Ireland. That is as succinct as I can be. Even a lot of people in the UK do not fully understand it, to be frank. Beyond the UK very few people have even the tiniest idea. I hope it helps explain the vagaries of the map of who identifies as what within this part of the UK. |
|
|
|
|
Maybe someone can explain about Northern Ireland to those who don't understand, please?
|
|
|
|
Did she mean let the banks fail instead of bailouts to protect savings?
I'm guessing it's more like printing money to keep things rolling; even if it effectively destroys the value of money - and by extension - savings, with the probability of continuing low (or negative) interest rates. |
|
|
|
“We should be happier to have a job than to have our savings protected,” said Lagarde.
is she threatening us? that sounds like a threat  via Imgflip Meme Generator |
|
|
|
edit: I fucked the quotes below up, and in my drunken stupor, don't see a way to fix it. Sorry. Hopefully it will all make sense in the morning. Palazzo Vecchio, Florence WO gang! Time for a more pixel game!  A very easy one! Ai! Firenze! Largely acknowledged as the nursery of double-entry bookkeeping. And house of some of humanity's finest artworks. I spent a New Years Eve there - prolly before most all y'all been born. Here's to triple-entry bookkeeping! (breaking) Opa! I have often visited the beautiful city of the Medici, it is wonderful. It was of course also the birthplace of the great renaissance thinker Niccolo Machiavelli. He is often quoted on how men should be judged on the company they keep, but here is something all here will probably agree with: “It must be remembered that there is nothing more difficult to plan, more doubtful of success, nor more dangerous to manage than a new system. For the initiator has the enmity of all who would profit by the preservation of the old institution and merely lukewarm defenders in those who gain by the new ones. ” Satoshi knew this, which is why he chose anonymity. |
|
|
|
Monero (XMR) futures go live on Dubai-based exchange
- Dubai-based crypto exchange has listed Monero futures as of 31 October.
- XMR futures product is the first of its kind to be traded out in the middle eastern region.
It is strange that a country like Dubai accepts Monero and they have a regulated exchange, promising development and do these exchanges have any regional restrictions to trade. Why would be for Dubai strange, that exchanges would be allowed trade cryptocurrencies? I think he means that the United Arab Emirates is not known for its love of freedom for its subjects. https://en.wikipedia.org/wiki/Human_rights_in_the_United_Arab_EmiratesDubai's economy is based upon tourism and trade, it has no significant oil reserves. Its economic model is dependent on tourism and being tax-tree and trade-friendly with relatively relaxed laws (particularly for wealthy westerners). So while it still part of the UAE, if anywhere in that part of the world was going to be crypto-friendly, it makes sense it would be Dubai. |
|
|
|
|
Show Posts
