Hm. I wonder if Paypal is running out of bitcoins again. Stop and marvel about the fact that they can never get any more than 6.25 coins every 10 minutes even if they owned the Earth....

And fuck yes, 19,000.....

Time to reset the alarm for 20,000....

It's not that different from the signs at a Western Union warning people that sending money to unknown persons is probably a scam.

When people fall for a con game it's very hard to knock them.

I know. 400k in fiat that could be bitcoin at 20k. Man this guy is going to be disappointed.....

So 400k in bitcoins. That's 20 of them. Man this guy had better enjoy his boat when I steam by on my own cruise ship that I bought with 1 btc......

I will be giggling constantly like Skeletor.

God, we're *STILL* stuck in the doldrums of $18,500. What a total tragedy!

(Seriously I am giggling non-stop here in meetings.)

Well, personally if I come out of this year of weird and do exactly the same things that I did in 2019 I would consider it a spectacularly wasted opportunity and myself a total failure.

As Rick Sanchez would say "You survived a global meltdown and you went back to work at the carpet store? BOOO!!!!"

And we are the little furry mammals, waiting to evolve....

Oh of course. It's not that big a deal, bitcoins go through a special account at the bank that is KYCed and all taxes are paid and so forth. It's just annoying to see it going into every aspect of one's life. Plus I remember paypal hacks and know the damage having too much information out there can cause.

So if I don't need PP I don't need to give them even more data to lose. Plus there is that "if you don't control your keys, it's not bitcoin" voice that whispers in the back of my head.

It's 99% playful needling: Bob was really tightly wound up about selling for awhile, wondering, waiting for the right time, then he finally blew his proverbial wad. With that much build up you have to kid him a bit about it for awhile :-)

And 1% caution: Many people sold out at particular levels: $1, $50, $600 (me, towels), $3,000, etc. In each case we received goods or services that now appear to be insane in terms of value against waiting.

It's not quite greed so much as wonder at what bitcoin might become: A true reserve currency. That's incredible when you think about it considering that it's "just numbers"and all that. But it's numbers that can be trusted and it doesn't matter if paypal or governments or anyone tries to create more of it out of thin air: 6.25 coins will be created every 10 minutes and not a satoshi more. Thinking about the ramifications of that, a money that can't be shaved or faked or undermined is stunning.

When I think of it that way, there is a part of me that whispers "you know, 20k is just $20 again".

And to be fair: You sell when you need to, just try to make sure the reasons were good. The towels were bought partially to show my highly skeptical partner that yes this tinkering I am doing CAN produce items of tangible value. The coins sold for the car bought me something that has brought a lot of fun and pleasure to my life at a point where I can still enjoy it. Buying a couple of gold coins with bitcoins was *stupid* but it also got at least one coin vendor to see their true value and potential.

So we do things when we do them. Sure Bob could have waited longer to bail his beau out of bondage, but that would mean less time spent as free men. Doing it while they are young allows them to enjoy the passing of time, which is one thing that we each have a set amount of in life, and like bitcoins all the hoping and praying and whining in the universe will not add one second to our time allotted on this earth or one more satoshi to be added to our wallets. Only actions have the potential to do that.

Guess the final word on this is "make it count" and "if you sell it do it to make your life better in the fixed time you have left". If what you sell for increases your life's length, health, quality, and/or enjoyment then it's probably a good deal.

Otherwise, HODL!

Just watched a 74 btc tank vanish in a second on btcwar.

18977

Well, I'm convinced. You got a Snell rated helmet?

Edit: Fuck it just crossed 18,950. Hey, remember when Eddie wrote 18.857 on his girlfriend's ass? Man that was so long ago.....

Thinking about this paypal thing and how simple it is to buy, I wonder if we're back to the time of $20 bitcoin.

The runups should be very..... interesting......

Agreed. But much as we chuckle about my 8,000 towels we'll snicker at his billion dollar freed slave..... :-)

Much better than the average bitcoin ATM. Still, the fact that I can't transfer it into my real wallet means it's not really bitcoin. Kind of like E-Gold where they said that every ounce was backed by real gold. Kinda.

Hm. Apparently I can "buy" "bitcoin" in Paypal. However I have to set up a "cash account" and they want my SSN/TIN and DOB.

I don't think I ever gave them that before. Need to think about this for awhile.

I still feel some sorrow that you sold so low. But things do happen and someone else needed those cheap coins.

Ah the days when a bitcoin was only $16,500. I remember them so fondly......

I have dated more than enough redheads in my time, got to the point where I had to call my insurance agent so she could properly adjust my rates.

Make sure you can fit in the damn thing, they are designed for really teeny tiny people.