I think it is obvious he is. There are every now and then posts like this trying to, not only in this section, I am sure you have seen them. I guess it was just a rethorical question.

Good luck with going in the direction of Venezuela. They have kind of universal income there with 26 minimum wage increases in the past few years which leave a minimum wage of less than $1 (like 0,5M bolivares). So everybody is equally hungry.


This.

Good news but what would be the bomb would be for Facebook to announce something similar for Whatsapp, as Saylor recommended. I understand that Signal is a minority app, as I had not heard of it (but I had heard of others like Viber or Telegram).

Simply put, this debate shows what a piece of garbage stimulus checks are. They are stimulus to inflate financial assets. In the stock market there is the same debate: how much of the checks will end up in it. I heard on CNBC that 60% (of the total going to speculation) is expected to go to Bitcoin and the other 40% to the stock market.

Yes, it has happened to me, I think it has happened to all of us at some time to lose the connection when you are playing a game. Normally in poker they give you some time to reconnect, but many times when you lose the connection you have to restart the site and you lose the hand you were playing. It's annoying, but I've learned over time that it's something that will happen from time to time and you have to accept it, tilting can only be negative.

It is clear that institutions are not characterized by selling en masse at the first of FUD and neither are they characterized by compulsive buying due to FOMO. If we continue with relatively steady and spaced out buying by institutions, which is what it looks like, we may enter a supercycle, although it need not be as exaggerated as Dan Held predicts, with a price cap between $800k and $1M, but volatility has to slowly moderate.

Congratulations. It was time to enjoy a little of the benefits, I follow a similar strategy.

It's okay to sell 5% of your Bitcoin. Think you can do this when the price reaches certain milestones without affecting your position. For example, you can sell 5% more when it reaches $100k, another 5% when it reaches $150k, etc. That way you enjoy some of the profits while staying mostly invested and have more and more equivalent in fiat (as long as the price keeps going up and we don't enter bear market).

5K is not bad. Ideally you should had your blood tested but with 5k daily is not so necesarry. Try to take some sun if you can, short exposures with no sunscreen and with large amounts of your body exposed. The combination will surely give you decent levels and an strengthened immune system.

I don't think it is so common nowadays to lose their seed, although it is inevitable that little by little some of them will continue to be lost. But I think it was more typical years ago, when Bitcoin was just starting and people didn't know if it was going to become a thing yet. Back then people were more careless. Today, however, even if you have only $1k, you try to have the seeds well guarded, not just because of the current value, but because in the future that $1k may be worth $10k or $50k. That wasn't so clear in 2010 for example.

I like speculation topics but you never get anything clear. You would like to know the future price but there is no algorithm to determine it, so you can only speculate and speculate.

Regarding the price drop, I don't care. I'm still holding and yawning. If you go long term, small fluctuations like this are no big deal.

That is simply because those measures are not aimed at helping at those who need it. What they aim at is getting votes. It's called populism. Then they also fail to tell the other side of the story: the inflation that these measures entail. I feel sorry for you, now you know that daddy state is not going to come and save you and that you have to make a living for yourself.

Yeah, well the moon has limits but the point is, what are those?

Many people expect Bitcoin to overtake gold as the best store of value in the world, that would mean a 10x from now, not bad. I don't agree with the general view that because the price is constantly rising and breaking ATHs, it has to crash soon. In fact there is a trading strategy (in the stock market) consisting in buying precisely when there is that tendency, because that means the asset is strong. We can't just get a general rule here, we have to consider the particularities of this precise asset and everything points to Bitcoin keeping rising during at least the following months.

As for diversification, if that means outside the crypto world, I agree. Having almost 100% of your net worth in Bitcoin is very risky. Probably very profitable also but very risky.

BTW I've just seen that the token tab has disappeared. Is that temporary? I suppose FB is modifying the settings.

I can. I don't know what the problem is. What is clear is that for day to day payments, in the end it will be used either LN, if it ends up succeeding, or some shitcoin, but Bitcoin as it is is succeeding as the best store of value in the world. For the same reason you say. Try sending $1M of gold in 15 minutes to Japan.

BTW: you've said you saw that but you haven't quoted: https://www.reddit.com/r/btc/comments/m562vm/longtime_bitcoin_holder_starting_to_question_the/

It is lack of control and lack of understanding of the concept of expected value or mathematical expectation. There is no such thing as luck, betting results are pure mathematics. Another thing is that gambling has a high emotional component and many times people lose control.

Of course there is a possibility. Whether or not to sell depends. Are you a gambler? If you are, you better not sell because you can take advantage of the rewards program. But I see that what you want to do is to trade in the short term and that is a crytal-ball game. Nobody really knows what is going to happen with the price in the short term.

People who have adequate Vitamin D levels, I am talking about a minimum of 60ng/ml, report that they either do not get colds and do not catch the flu, or if they do, they get over it quickly and with few symptoms. I myself have experienced that. Regarding COVID-19 there are similar studies but they don't make Big Pharma any money,

I go along the same lines as you have already been told, you are trying to time the market. In other words, you are playing with fire, and you are going to get burned. It's a matter of pure mathematics that the more you play that game the more likely you are to lose money.

The best strategy with a first-class pristine asset, such as Bitcoin, is to buy and hold. Do nothing else. In a few years you can sell some of it if it has gone up a lot and you want to realize profits. Now that is a conclusion you should come to for yourself.

But do you have any rational argument to support that or is it just a hunch?

If we heed Saylor, who's who talked Musk into buying Bitcoin, the companies buying now are not going to sell in at least 10 years and some are never going to sell. In any case, they will take loans using Bitcoin as collateral. Why are you going to sell the world's best store of value if it has not yet exceeded the market cap of gold? If you told me they want to sell when Bitcoin reaches $10 trillion market cap I could still see the logic in it but the way you put it, either you argue it or I don't see the point.

Man, what they don't want is to be challenged. As they are dedicated to money laundering, they are terrified of cryptocurrencies, because they can take clients away from them, and that is why they try to prevent them from being used, in vain, of course.