https://twitter.com/Davincij15/status/1364613503210975241?s=20LoL nice one... But still my honest thinking is that I have no ambitions for owning a Lambo actually even if it would happen or whatever... its not the car I dream of and surely not the one I would like to drive daily in .... Just the thought of being ripped off in Taxes, yearly things, absurd maintenance, all kind of dumb sh*t.... For the DUTCH among us The cost are so high "het is dweilen met de kraan open" Google translates this to "it is mopping with the tap open". I see your point, and I fully agree! LOL!   |
|
|
|
Cøbra, the admin of bitcoin.org tweeted this https://www.twitter.com/CobraBitcoin/status/1364582843796578307A while ago Craig threatened to "bankrupt" and "destroy the lives" of developers. Today, some of Bitcoin Core's longest and most talented developers are getting sued by him. He's trying to drive them away, bully them, and ultimately tie them up in nonsense litigation. If you hold Bitcoin, you need to seriously start campaigning to get BSV delisted everywhere. And fight back *hard* against this rubbish. If he scares away our best developers, and distracts them with legal rubbish, he's hurting Bitcoin's technical progress. We need to make noise, and make sure the people contributing to Bitcoin Core don't get bullied by this man. It won't ever end, the next thing will be patent trolling, or some other kind of legal bullying. Enough is enough. BSV *has* to be removed from every exchange. CSW truly is rat poison squared. I wonder how it is not possible to see where it's heading. I am so proud I never touched, not even by mistake, that BSV shit. Such a small man he is. If I've ever "touched" anything CSW-related, that would be BCH (a.k.a. bcash LOL) and BTG (Bitcoin Gold), which were given to me for free due to the forks, as with all Bitcoin HoDLers back then. I dumped them all near their peak, and this got me nearly 10 extra BTC (edit: maybe less actually, can't really remember, but I did convert everything to BTC and it was a good amount of corn) to add to my stash. I would never ever get my hands on those shittiest-of-shitcoins. |
|
|
|
Cøbra, the admin of bitcoin.org tweeted this https://www.twitter.com/CobraBitcoin/status/1364582843796578307A while ago Craig threatened to "bankrupt" and "destroy the lives" of developers. Today, some of Bitcoin Core's longest and most talented developers are getting sued by him. He's trying to drive them away, bully them, and ultimately tie them up in nonsense litigation. If you hold Bitcoin, you need to seriously start campaigning to get BSV delisted everywhere. And fight back *hard* against this rubbish. If he scares away our best developers, and distracts them with legal rubbish, he's hurting Bitcoin's technical progress. We need to make noise, and make sure the people contributing to Bitcoin Core don't get bullied by this man. It won't ever end, the next thing will be patent trolling, or some other kind of legal bullying. Enough is enough. BSV *has* to be removed from every exchange. CSW truly is rat poison squared. Funny thing, back in 2019 he claimed that in 2020 there would be no Bitcoin. So, why does he need the 110000 Bitcoins? Fuck him. |
|
|
|
And this is the kind of banker statement that makes me sick.
In my opinion, the "then they will fight us" era is still ahead of us.
This is well behind us, they are just doing everything they can to keep the price down while they secretly accumulate. German banks? I ain't so sure about that. Otherwise, i don't know for sure, so... Earlier today someone here in WO mentioned a German online bank called N26. The guy later deleted his post... I checked out their website and they seem professional enough and quite welcome to EU clients opening bank accounts online for free. They even provide a Mastercard debit card (virtual card for free, physical card for a one-off shipping cost of 10 €). Sounds interesting for EU citizens if N26 is crypto-friendly, as was implied by the phantom poster. |
|
|
|
Today is a big day for me. Thanks to BTC, and partially to you all here, I am debt-free today. I quit my job, and I paid off ten years of debt, now I own my house and a few acres in the clear.
My wife and I live fairly simply. Old paid-for cars (that I can fix), no cable TeeVee. A large garden and a small shooting range in the back yard.
I quit smoking cigarettes, and DCA that amount into BTC. Doing this payoff burned a big chunk of the corn, but it is a better thing to do for myself, now. We won't be wealthy, but this is the American dream for me. YMMV.
Good to hear, brother. Congrats on meeting and possibly exceeding your target (you still have some BTC I presume). Regardless, you've met your target, and while your target may seem too mundane/plain/simple for many, I'd say that this is a target worth having. Setting the right target for one's life is a very difficult thing. For me, having an overly extravagant lifestyle, Lambos, hookers, blow and all that, seems so futile and pointless... Maybe the "hookers" part is OK sometimes. Of course, to each their own. Another important point in your post is being debt-free. This is the most important for me. IMHO, owing anything to banks/people/whoever is the single most stressful thing in life. I've never owed anyone anything. My planning has kept it that way. It's good that you've reached this state. All the very best man, enjoy! |
|
|
|
|
@Gyrsur, @Karartma1: Thanks guys, for the useful info/links.
@Gyrsur: Yes, using Kraken, and everything goes through Fidor Bank (Munich). When you say 1000 € upper limit, do you mean per transaction? Can I transfer, say, 900 € on the 1st of the month, another 900 € on the 10th, and another 900 € on the 20th, and keep doing this for several months in a row? Haven't yet been able to check the link you provided, sorry if this is already mentioned there.
I know for a fact that we Euro-landers will face difficulties in enjoying our newfound wealth... I think the IRS in the USA are better. They are brutal and check everything, but at least they seem to be more knowledgeable and once you pay your dues they don't bother you. Or so I've heard.
|
|
|
|
Good morning WOers! I see Warren Buffett's wisdom has worked again nicely while I was sleeping. We've crossed $50k, then pulled back to just under it. It's just a matter of time (hours/days) before we leave $50k behind for good. I believe the recent correction showed that there is good support at lower levels. This is not just a bubble ready to pop, as some falsely claim. This will pave the way for a slow and steady rise to $60k, $100k and beyond. I haven't sold a single sat during the dip (and, sadly, I haven't bought a single sat either). We may need some time to reach the above levels, but we will. My SOMA guess: Q2: attack on $100k, Q3: $100k (stable), Q4: $200~400k (unstable).
Regarding my earlier post/query about Bitcoin-funded Credit Cards, many thanks to those who replied. I checked out 2 companies ( Binance and Crypto.com). They both offer such services and I may consider applying there, just for a test drive. Still, IMHO, the best course of action in this matter, as Richy_T has pointed out, is total transparency, i.e., declaring everything and doing things the legal way. Paying taxes too. That way, no one will bother me and question my financial status change (quitting my job while being able to increase my spending activity 10-fold). It's one thing to become super-wealthy, it's quite another to be able to use your wealth without raising red flags and being labeled a criminal. Got to be careful with such things... Fortunately, my expenses and desires are not too extravagant, so I could stay under the radar, but still, this is an issue that needs to be looked at. BTW, $50k crossed again, and rising.  |
|
|
|
Wall Observer Meta post: I had some more free time and created this merit network graphic of WO thread. I was exploring flourish and trying new graphics. Click in the image to see the interactive network graphic:  https://public.flourish.studio/visualisation/5379872/When you hover the graphic you can see your merit network and earned merits. The biggest the point, more merit earned (in WO only). Sadly I wasn't able to find myself lol Created using LoyceV full merit dataVery nice work! I really like posts like this! Network graphic clearly shows how interconnected we all are. Long live WO! |
|
|
|
On Bitstamp we are less than 400 BTC away from $59900.
We were just discussing 500 BTC to go from $47k to $49900 just a few weeks ago.
On Kraken you need 800 BTC to raise the price to $57,700... Still not a lot. |
|
|
|
I just discovered the Binance Credit card. Sounds too good to be true! Are there any downsides?
The above post got me thinking... The time when many HoDLers will start making use of their newfound wealth is fast approaching, so it's a good idea to start planning about the practical aspects of this. The way I intend to use my coins in the near future (after possibly resigning from my current job, but before getting my pension, which is decades away) is not so much for large purchases, but more for normal everyday purchases. As things currently stand, I will have to convert to fiat and then use that to buy things. I was thinking of doing batch conversions every month, say $2k/month and use it for the month's expenses. The danger with this approach is that my bank may notice this and question me about where those $2k come from. I have nothing to hide, but I want to avoid being targeted for inspection, and when it comes to Bitcoin it can be difficult to explain it to traditional bank people. Guilty until proven innocent and all that... So, I was wondering about the benefits of getting a Bitcoin-funded credit card. I transfer $2k worth or coins to Binance (or whatever other company can provide a Bitcoin-funded CC) every month, and then do my shopping using said CC. It must be available to EU citizens. The other approach is to withdraw fiat as cash from Bitcoin ATMs. This would be the most anonymous and secure method, albeit the most expensive (but, where we're going, I don't think I'll care much about a 5-10% premium). What do you think about this? Does it make sense? What companies, except Binance, can provide Bitcoin-funded CCs? Any recommendations? Is anyone here already using such services? Thanks in advance for any info/pointers. |
|
|
|
Man, those laser eyes! Keep it up guys, such fun, much wow, too lulz. Can't wait to see lasers coming out of other body orifices @ $100k, $500k, $1M... |
|
|
|
...and fewer know the timing of those steps. Conclusion: HoDL. |
|
|
|
|
Good morning all.
Bloodbath. Shitcoins too.
Looks like $60k must be postponed for a few more days...
Lasers on.
|
|
|
|
|
It's not only about capacity, but also about confirmation time. Bitcoin (on-chain) is not well-suited for buying coffee, regardless of block size. 10 minutes is far too long and feels like an eternity against a cup of espresso to go. There are no fees for HoDLing. I don't mind paying $10 to transfer the equivalent of 1 kg of gold from Europe to the USA, nor do I mind paying $10 to load my hot wallet with $1000 chunks for my monthly expenses. Extremely low fees could cause spam attacks, just like email is full of spam because it's free. Gotta pay to sleep with Carolina. There is no free lunch.
Bitcoin is fine as it is.
HoDLsleep. Gotta shut down those lasers. Dreaming of $60k when I wake up (OK, maybe $56k).
|
|
|
|
|
The big players know their stuff...
Weak hands drop like flies ants!
|
|
|
|
now we have a real rebounce ... at least the last candle... before there where only rebounce for ants
It's a dead cat man... Don't you know nuttin'? |
|
|
|
|
Damn, I thought we were going to the moon, not to a black hole... 8 fucking Gs down!
^^^ That bunny sure eases the gravity pull...
|
|
|
|
I voted 60K for today. Still possible  Feb. 24. It will exceed $60k that day. I don't know how I know, but I know. |
|
|
|
looks like going down a bit.
buy order set at $54.321.
I don't know, but somehow i don't want it to get filled this time.
I like the .321 part (also couples nicely with the 54). I used to put orders like this back in 2016. You could spot them easily in the order tables. I even used .314 and other important numbers like that. No more orders for me now. In 100% HoDL mode, and soon (possible when we exceed $100k) switching to "dream-fulfillment" mode. One dream at a time. One of the first dreams will be a good mirrorless APS-C/full-frame camera and a couple of good lenses. Yeah, i used to put straight orders like $54.500 (as originally planned), this is the first "funny order" Have i mentioned the Canon EOS-M already? You can convert all of the Canon EF/s and EF lenses to it, on the downside it has a small body, just more uncomfy to shoot for longer times. I'd like to see a polyurethane body kit on the market or some extra grip that enlargens the body of this thing. A steadycam grip would be too much, i guess. Maybe Novoflex offers some compromise? Unless you already have some lenses, I would recommend looking at the Fuji X series - fabulous camera bodies and their glass is exceptional. The X-TNN series bodies are a bit smaller and cheaper than the X-TN series but very nearly as capable. If you go current gen-1 you'll be able to get a body at a great price. Edited to add : I see from your other post you are a Canon user - depending on what lenses you have it may be worth looking at the Canon options, however, I moved from Canon to Fuji, selling all my Canon kit (including L lenses) and haven't looked back. Much, much prefer the Fuji system. Would certainly think carefully before going full frame - if you mainly want to shoot studio/portrait stuff then yes, but otherwise APS-C is probably more versatile and useful. I really like the Fujifilm X-T4. After my COVID-19 illness/recovery, I pledged to buy it, but I haven't (yet). Bitcoin's rise has kept me waiting. Will do something when we exceed $100k. Life's for living, right? |
|
|
|
|
Show Posts
