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1102
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 26, 2019, 03:56:28 AM
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26/10/2018 kurious  09/11/2018 fabiorem 15/11/2018 bitserve 20/11/2018 Globb0 22/11/2018 Last of the V8s 01/12/2018 Alexander_Z 07/03/2019 CoinCube 15/04/2019 Spaceman_Spiff_Original 20/06/2019 bitebits 13/12/2019 nikauforest 10/04/2020 yefi 05/09/2020 samson 23/06/2021 fortune143 12288= 1 person shorter..... only 12 remaining on this list.... I would say the best spot for winning that list is hodl by bitebits. Indeed. |
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1104
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 25, 2019, 06:44:26 PM
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Lloyd’s completely shut my account down and wouldn’t give me an explanation even though it was obviously bitcoin related as I was cashing out at the time.
Santander are friendlier but I would definitely recommend getting a personal banker to explain what you are doing to. This will stop issues and questions later.
I've put £10 through Lloyds to Coinbase. Those bitches didn't make a squeak. From plenty of reading I get the impression Nationwide are the mellowest but their intermediary bank won't let them send or receive with any EU exchange. I think from a bank to an exchange there's usually no problem. At least I've never had an issue using banks in two different countries. It's the other way around that can sting you. Going from an exchange to a bank... I was selling directly to people and having multiple deposits into my account. The total was high but whether they would have noticed/cared/acted differently if it was fewer larger transactions I don’t know. I explained what it was, showed them I knew my tax implications but they just flat out refused to discuss it. “Computer says no” bullshit. You CAN'T have multiple people depositing into your account with no official paperwork associated. Heck, you CAN'T even regularly deposit substantial amounts of cash into your account by YOURSELF without proper explanation. It is the way it is. |
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1105
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 23, 2019, 09:58:37 PM
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I can only dream of a couple more weeks of bull run, and then ETH approval (or something like that).. The honey badger will fly
I don't approve ETH. That's a shitcoin. thanks for the correction. Its a shitcoin that i sold tons @10 usd  Alts are BTC makers for me. Still i like the chickun a little. Yeah, the chikun is legit. DYOR/YMMV. |
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1112
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 23, 2019, 07:31:49 PM
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Let's just say hypothetically that a WO guy or gal (the one in here) were to be inclined to purchase a brand new Lambo with 1BTC, once Lambos were within that price range - or bitcoins were within that level of price appreciation.
How many BTC would you say would be prudent to be in that person's BTC holdings or the level of that person's wealth, more or less, to make it prudent to use one BTC on a lambo? Perhaps the equivalency of at least 10 BTC? If you have the wealth equivalency of 10BTC when a Lambo is worth 1 BTC, then you can prudently afford a lambo, in my level of thinking about prudence.
Of course, other guys and gal might come to a different conclusion than me, and be willing to allocate their value towards a lambo with much less of a value cushion. Personally, I think it would be somewhat reckless to have less than 5 BTC of value and to apportion 1 BTC towards a lambo.. but, hey that's me.
It’s too much money unless we end up with a situation where 1 BTC or 2 BTC = a Lambo then you can probably leave me out. I can afford to buy a couple right now & have a good stash still left but fuck that. I’m not spending a sizeable amount of my stash on a fucking car, man. Big, massive house & multiple apartments to rent out - yes. Car - No Never spend huge amounts of corn on anything unless it’s something that increases in fiat value. New cars are one of the worst investments. Yeah, but get real LFC. I understand that you are still in a kind of scarcity mindset, but once you reach filthy rich status, then at that point you have so much excess wealth that you will likely become less frugal than your current mind-set will allow. I already can see from your posts that you do not have a warren buffet mindset. You are not going to be eating at McDonalds and driving 15 year old cars once you reach filth rich status. Furthermore, I appreciate that your threshold for spending money on a lambo is decently high, and probably in a similar arena as mine, even though I do kind of like cars.. not as much as hookers, but still... I can appreciate a nice car. so yeah, perhaps there are some WO peeps who might go so low as 1/5 ratio and willing to spend their BTC on a lambo, and I am more likely in the 1/300 ratio.. but you might be in the 1/1000 ratio... Part of my point, is that there would be a threshold in which extravagance is part of the mix... including flashy cars, such as a lambo. Yeah the hookers and blow might have a lower threshold, but those ones were not really part of my hypothetical question. A tax event might propel the idea of an investment in a vehicle. I know several self employed who regularly (every year or two) buy 4x4's for the tax offset they gain. Which is the perfect example of what I was just outlining a few posts above. They have good income but they are so stupid that they think that little tax offset if enough to justify wasting a lot of money in a NEW vehicle instead of buying a second hand one (with two years already and with no tax offsets) and using it for more than two years before thinking about spending a fucking lot into a new one again. Literally what I just said about financial education and managing one's income and capital resources. A simple excel spreadsheet would easily quantify their level of stupidity over the last ten years... And probably cars is not the only thing where they are failing in their financials. P.S.: Going back to "topic"... A lambo would be extremely hard to justify as a "need for work" in order to deduct ANY taxes anyways. |
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1113
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 23, 2019, 06:38:48 PM
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my 2c about bitcoin and [helping] children.
IMHO, parents should help children achieve what they want to achieve and that's it.
Practically: get them into the best pre-school and school that you can manage/afford, guide their learning and sports activities (in balance), never deny them what they ask as far as education goes (museums, trips, etc.).
I also think that parents should pay as close to 100% of educational expenses (including college) as possible.
After this, the only way I see myself helping is a house downpayment (in expensive cities).
They have to be able to be independent, not rely on trust funds, even if your btc winnings would allow for this in a few years.
Later on, they will get their inheritance, but, hopefully, they would be ready for it then.
More important (but complementary) than official education is how you prepare them to manage financial resources (their income and capital), more so if some day they will get a substantial heritage. But to learn how to do that they really need to actually do it and that is hard to do without ANY capital to manage. So maybe set up practical lessons give them the resources to do it and clearly establish objectives, etc... and go on gradually increasing the challenges? I have seen so many "successful" people with HUGE salaries that are far from being *wealthy* because of lack of financial education. They will always be "poor". And their children won't know any better with that example. Blah, anyways, I don't ever plan to have children so why do I even care lol |
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1114
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Economy / Speculation / Re: NEW BAKKT game
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on: June 22, 2019, 01:34:37 PM
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bitcoinPsycho currently winning this game, only a few left standing:
11119 bitcoinPsycho
12500 Paashaas
12546 Ludwig Von
14682 EatonABooger
14700 Saint-loup
17331 xyzzy099
19957 picchio
20000 bitebits
25322 crazy-igzo
30645 LoyceV
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1119
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 22, 2019, 12:52:32 PM
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One thing is for sure. Nobody expected this at this moment. We (all) know fucking nothing. Just HODL.
Out of merits, bro, but that's it. She does what she does. All the time. Sent one on your behalf... Its a statement worth meriting. Thanks both! I am pretty happy today, I think I finally fixed the pool leak, Bitcoin is pumping crazily and merits are raining... This is (fucking) fine!  |
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1120
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: June 22, 2019, 12:19:02 PM
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Rick arrives home from work last night and is absolutely ecstatic about the price of corn.
Rick: "Dude. Are you sure you don't want to sell another $1m @ $11k like you discussed ?"
Me: "Why ? I don't need the money. Plan is to still hodl strong until 2021-2022, for the ranch, and MacLaren GT to take back and forth"
Rick: "Ok, just checking."
Have faith, brothers.
https://www.youtube.com/watch?v=JyGGR6flTHkNice move you made swapping some BTC to Rick for stinky fiat instead of selling it to strangers. Now his retirement is also closer Oh, $11K... who would have said? I mean, THIS year.... well, whatever. |
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