Why tho? Dead planet. Nothing there but rock and more rock.

Anyone want a 3D NFT of a dried up, over-used and old vagina?

https://uk.yahoo.com/news/madonna-defends-decision-sell-3d-072504161.html

No?

 

[Edited: Many Words]

Anyone want 2 years waiting for the BTC price to go back above the 100 week moving average - I am not saying that it is going to happen... but I am not so insulated as to either not giving any fucks or to even appreciate that bitcoin is going to be resilient no matter what, even if shit really goes bad in various macro-segments. 

Even if the BTC holdings of some of the longer-term bitcoiners may well still be up 30x or even 100x, there's gotta be some level of discomfort, no?

[Edit: More Words]

It’s all edible, yes. I will leave the cutting to the Mrs

Thanks

Stepping in here, because this translates to a significant probability that I will lose almost all of my BTC:


Other than "buy a time machine, go back, and bat-slap myself a few months ago", do you have any suggestions for someone who fell into a margin debt trap?  There are no right answers in this all-wrong situation, but I want to pick your brain.

If I had been willing to "cash out" (I hate that term), I could have exited this position at $47k-48k last month, and walked away with more BTC than I started with.  I didn't do that, because selling BTC is unthinkable.

Instead, for much of the past week, I was liquidating other assets and pouring proceeds into the distressed account.  I drew the "no more!" line on Sunday, because I could lose absolutely everything this way.  To begin with, most of my liquid or liquidatable assets were in BTC - now trapped as collateral in the account that first ate all of my BTC as I added collateral to avoid losing BTC, and then has been eating everything else, too.  Other things elsewhere are safe, but mostly gone already.  I am good at hunkering down and waiting out bear markets, as long as I am not at liquidation risk!


If we go down to $25k (never mind lower), I lack sufficient assets to avoid selling most of my BTC - or worse, having it sold for me in a huge market-dump into a red candlestick, with a penalty.

I can try to scrape along searching for the bottom, selling the least BTC possible with each drop (as I luckly did today).  That risks my missing the crash, and getting liquidated - or miscalculating, and getting liquidated.  For this reason, I have not been eating properly, sleeping properly, taking care of myself, or taking care of other things in my life - including things that could make money!  I have caught it at the edge many times - each time before, liquidating other assets and pouring them in; this time, selling BTC.  Now that I am run down to selling BTC, and I would be selling each local bottom before the next drop, I would sell low every time - bleeding out piece by piece, until almost nothing is left.

This has been ongoing for months, in a downward spiral of ballooning debt and shrinking assets - worsened by desperate, "must do something" attempts to make money trading altcoins on margin (!), in a chain-reaction of "I know better than this!" mistakes that seemed necessary to fix earlier mistakes.  My whole life is a wreck, and I am personally a mess - but never mind that; I am struggling to save my BTC, the important thing.

In February's worst crash, a trusted friend advised me to exit at $35k with whatever BTC I could recover - just in case we dropped low enough to wipe me out.  I replied that if I were to dump my BTC at $35k, and it turned out to be unnecessary, then I would kill myself.  I meant that seriously; I was not just joking about it, as I am now (for the moment).  In February, not dumping turned out to be the correct choice.  Before today, I never sold even one satoshi for dollars (other than spending in normal use of Bitcoin as money).

If we really go down to $25k or lower soon, the correct choice now would be to exit at $31k $30,500, dropping as I write this.  Thus I would lose most of my BTC that I have held for years, to save some scraps.  But I do not think that I am even psychologically capable of selling BTC, unless forced.  Not selling in the bull market - and especially not selling in the bear market!  I can't do it.  I just can't.  It is not "only money", because Bitcoin is not "only money".  I've lost a lot of dollars before, laughed, and walked away - but this is Bitcoin.

And if I were to dump Bitcoin at $31k $30,500, and the bottom was already in - eh, you guessed it. ☠️

So, bearing in mind that I am not strictly rational about BTC in the sense of "an economically rational actor", what is the least-bad choice?

mindrust myself out?  As my friend argued, the difference is that mindrust was trying to save his worthless fiat shitcoins; he was at no risk, as long as 1 BTC = 1 BTC.  I am trying to save bitcoins, not dollars; and I would sell the least necessary to free up whatever little bit remains.  I calculate PnL in BTC, not USD.  Though having dollars is nice, because it means I can look for a good opportunity to cash out to BTC.  Anyway, this option potentially carries a very expensive cost externality, as aforesaid; but I do consider all options, even the ones I immediately reject.

Keep scraping along, searching for the bottom?  I can currently survive down to about $29,200; with some income that I expect soon, I could push that a bit below $29k a few days from now.  For every $1k drop below that, I will need to sell off a larger and larger proportion of my BTC - that is, if I catch it before the liquidator bot.  But if the bottom is already in - or even if it is almost in (say, if the bottom is $28,500) - then scraping along saves BTC, just as I saved >1 BTC today by selling 0.5 BTC.

Also, should I absolutely stop pouring any more assets into this account?  It is a money-eating, asset-eating sinkhole - as an "economically rational actor" would have recognized long ago.  The incoming money that could be used to push down my liquidation price by a hair, could also be used to buy BTC (whether now - or later during a bull run, because "incoming money" is an airdrop of an altcoin that's down much worse than BTC).  But if spending it on BTC safely in my wallet causes liquidation of that account, it would be the most expensive BTC purchase ever!

I emphasize again that there are no right answers in this wrong situation.  There are only dilemmas, educated guesses, and attempts to pick the least-bad option.

If you would be so kind as to bounce around some ideas, I will be thankful - and I may or may not do whatever you suggest.  Either way, I will not blame you for the results of my own decisions, or for unheeded suggestions made in good faith (= with intent to maximize BTC, not maximize dollars) - just as I didn't blame my friend for urging me to dump and get out at $35k in February, even though it turned out to be unnecessary, and we visited $47k just over a month later.  And the posing of questions in a conversational way does not preclude the offering of other thoughts.

[Edited to fix a thought that got logically disconnected in the writing process, due the second-order effects of being glued to the chart without adequately eating or sleeping.]

I think we really could see $70k this month. Things are looking pretty bullish from here.

Wait for it, we're gonna bounce any minute now. It's gonna be strong. A real trend reversal. Bullish phase incoming.

Fake.

Sorry bud. We have enough land that we've declared the entire tract a deer sanctuary. We allow people onto our land to hunt when nobody is there, but they are given strict instructions that deer are not to be killed. Everything else is fair game.

---

Good take I saw on Twatter, re BIP 119.

Noxious1 (@AlephZeta69)
Covenants lead to smart contracts. Smart contracts enable theft. The Bitcoin Council of Autism understands that. Jeremy is shooting himself in the foot, like you said. An unsound argument is one that you have to deflect attention away from.

the noon wall report


Mercury is in Taurus and will square with Saturn in Aquarius and sextile Neptune in Pisces 
This is a tense and unrelenting time, the fixed square causes a stalemate between the stubborn mind and the malefic
Communicative tension come to the forefront regarding long-term plans, leaving the comfort zone, and assuming responsibility
Compromise is possible, thanks to the Mercurial-Neptunian sextile 
Neptune’s energy can present itself, reducing the square’s fixed tension by offering a more optimistic approach
Just be mindful of Neptune’s ability to distort information
This all changes a few days later, Mercury will sextile Jupiter in Pisces, harmonizing the mind with the benefic 
Any tensions from a few days ago subside as the sextile infers idealistic, futuristic thinking
Be watchful for Jupiter’s ability to magnify and blow things out of proportion


dyor

4h


D

stronghands

So, am I the only one who noticed the typo? Didn't this happen before? Is it a copy and paste?

What I think the fellow WOers are trying to say is that to be a "true Bitcoiner" is not to merely own loads of it, but to also (and most importantly) demonstrate an understanding of its core principles and the problem it solves, and to use everything in your power to support and promote Bitcoin every chance you get. Owning 50k BTC and at the same time promoting DOGE and removing Bitcoin payments from Tesla's shop because of environmental concerns, shows that 1. you don't get how Bitcoin works and where it draws its value, 2. you believe the misinformation that Greta and her team of EU "experts" are trying to feed to the ignorant public about Bitcoin's power consumption, or 3. you have some hidden interest and you use your power to achieve said interest, which may not necessarily be in the best interests of Bitcoin. That's excluding the ASD/narcissism aspect.

I have some friends whom I've introduced to Bitcoin, and some of them have ended up owning varying amounts of BTC. From our discussions, I'm often disappointed to see that they haven't got a freaking clue about what Bitcoin really is and how it benefits mankind. They're just in it for the quick profits. I don't think I would call them "true Bitcoiners"...

tl;dr: Simply owning BTC doesn't make you a "true Bitcoiner", just like owning a Picasso doesn't make you a "true art lover".

 Funny, I did try narrowing it down with that exact tool!  I see three letters missing before the "rtin" and one missing after.    This means "Martini" doesn't work nor does "Zertin" but you have to start somewhere - I like the 80's signage idea.

 Nobody knows how Europe works, in fact, we have yet to discern if it works.

 I found a "Hotel Smartino" in Germany and a "Hotel Sporting" in Andorra - neither matches the hotel in the image.

 Are there more clues to come or do I have to keep making up words to search?

You probably don't know how Europe works.

Probably its Hotel: "meeting", "visiting", "springrting", "cocorting", "chewbakarting" .. etc...    


Maybe its: "Zertin"

You might need to explain yourself.
 
We get all kinds of bullshit ways that people strive to make money and scam others through techologies that have become more possible after bitcoin because bitcoin (and then the various copy cat improvements upon bitcoin) have facilitated more ways to transfer digital value - and sometimes centralized and other times creating impressions of decentralization - and sure it was not ONLY bitcoin that made this more possible, because there were other kinds of quasi-centralized game tokens prior to bitcoin, too...  but seems that some of the scamming and ponzi schemes became more possible in recent times, and surely a lot of creativity contained therein - so even if the exact mechanisms to scheme people out of money are not the same... they frequently will take features from previous schemes or even building confidence that this or that project is legit (or the next new sliced bread or whatever)...

So, maybe you need to explain why you believe there might be some kind of meaningful difference that causes matters to play out differently - in terms of various crazes that get way more hype than they deserve... but also might facilitate a certain number of scammers to get richie through those smoke and mirrors deceptive products that are likely to come into being.. and maybe through a kind of "meta" marketing angle.

[Edited to eliminate immaterial excrement.]

That's definitely going to be the new craze. People will go bananas over metaverse properties. No joke.

It will crash and burn eventually, of course. But we'll get to see some crazy shit in the next few years.

No, no! I spelled it right. Like a priest praying for weak children to come into his lap, or Demon. U'r pick.      
You know, like wishing for the weak to come to you so you can satisfy your domination needs.    
And not 'prey', WTF!? are we jaguars in the jungle to savage our inner animal needs??