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Question: Will bitcoin ever go below $10K again in your lifetime?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 22660068 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (148 posts by 37 users deleted.)
Toxic2040
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August 10, 2020, 06:33:41 PM

wonder why Jennifer's knees are so filthy dirty Huh


I did it for science..dont judge me..

'google.. search images for jennifer aniston kneeling'


....apparently safe search was off     Shocked

after a moment of shock and learning some new terms such as 'reverse cowboy' and other nomenclature one thing seemed quite obvious, her knees got dirty when she was down and giggity with the kitty cat

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Dabs
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August 10, 2020, 07:25:32 PM

something.

Hey there, you're back. Sorry didn't notice earlier, too busy with my own shitcoins, LOL.
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August 10, 2020, 07:32:01 PM
Merited by El duderino_ (5)

I seriously used to worry about pumping all my fiat into bitcoin. Look at this ———>





https://twitter.com/awealthofcs/status/1292819472194121728?s=21


Dump your fiat bags for bitcoin!
gentlemand
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August 10, 2020, 08:51:19 PM

While fiat savers get shafted today, those figures look rather dubious. You can grab 1% interest still, not 0.28%. And 4.5-6% is more generous than anything I remember.

In the UK you could get 6-7% on a normal savings account without heavy conditions all day long up until 2008. I used to pay the rent on my flat from interest and still had plenty left over. Now that idea is laughable. And 1% will be offered by a tiny fraction of joints today and will likely require it to be locked up for a period of time.
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August 10, 2020, 10:12:33 PM

wonder why Jennifer's knees are so filthy dirty Huh


I did it for science..dont judge me..

'google.. search images for jennifer aniston kneeling'


....apparently safe search was off     Shocked

after a moment of shock and learning some new terms such as 'reverse cowboy' and other nomenclature one thing seemed quite obvious, her knees got dirty when she was down and giggity with the kitty cat



As a scientist, I can verify that this is good science.
btcbeliever
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August 10, 2020, 10:30:39 PM

I seriously used to worry about pumping all my fiat into bitcoin. Look at this ———>





https://twitter.com/awealthofcs/status/1292819472194121728?s=21


Dump your fiat bags for bitcoin!2

Celsius.network pays 4.51% interest on BTC, and 8.69% on usdc.
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August 10, 2020, 10:48:27 PM
Last edit: August 10, 2020, 10:59:34 PM by Hueristic





Not gonna lie, I looked at this one way too long. Smiley


https://thumbs.gfycat.com/ViciousViciousGoldeneye-mobile.mp4
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August 10, 2020, 11:25:28 PM


Made me search for the best version of Rachel  Grin

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How much alt coin diversification is needed? 0%?


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August 10, 2020, 11:30:54 PM
Merited by philipma1957 (2), Hueristic (1), 600watt (1), bkbirge (1)

I seriously used to worry about pumping all my fiat into bitcoin. Look at this ———>



https://twitter.com/awealthofcs/status/1292819472194121728?s=21


Dump your fiat bags for bitcoin!2

Celsius.network pays 4.51% interest on BTC, and 8.69% on usdc.

You do not need to earn interest on your BTC - because BTC is already designed to pump forever, and why get preoccupied with interest when it could end up adding too much third-party risk to your BTC investment approach?

In other words, interest on your BTC seems to be a distraction that will lead too many people to give up custody of their BTC when in fact BTC HODLers are more empowered overall by figuring out ways to hold their own private keys.
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August 11, 2020, 12:34:24 AM
Merited by yefi (1), Last of the V8s (1)


It's no big deal:

https://twitter.com/Tether_to/status/1277541606942560258

Quote
In few minutes Tether will coordinate with a 3rd party to perform a chain swap (conversion from Tron to ERC20 protocol) for 300M USDt. Tether total supply will not change during this process.
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August 11, 2020, 01:03:37 AM
Merited by Hueristic (1), JayJuanGee (1), 600watt (1)

I'm having fun watching Pierre Rochard destroy ETH one tweet at a time

https://twitter.com/pierre_rochard

ETH: pre-mined tech dumpster fire.

Ever tried to set up an ETH full node? I have and failed.

On the other hand, my Bitcoin full node I set up on day 1 is still running strong. I had a hard disk crash last year, but aside from that, it's been very easy to maintain.

yefi
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August 11, 2020, 01:25:30 AM

It's no big deal:

https://twitter.com/Tether_to/status/1277541606942560258

Quote
In few minutes Tether will coordinate with a 3rd party to perform a chain swap (conversion from Tron to ERC20 protocol) for 300M USDt. Tether total supply will not change during this process.

Ah okay, thanks. I can see they've posted a similar tweet 15 hours ago.

Got no idea what shenanigans they're up to today.
Syke
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August 11, 2020, 01:45:51 AM

In the UK you could get 6-7% on a normal savings account without heavy conditions all day long up until 2008. I used to pay the rent on my flat from interest and still had plenty left over. Now that idea is laughable. And 1% will be offered by a tiny fraction of joints today and will likely require it to be locked up for a period of time.

That's an above-average return. The 2000's were more in the 4-5% range.

http://www.swanlowpark.co.uk/savings-interest-annual


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August 11, 2020, 02:22:14 AM

In the UK you could get 6-7% on a normal savings account without heavy conditions all day long up until 2008. I used to pay the rent on my flat from interest and still had plenty left over. Now that idea is laughable. And 1% will be offered by a tiny fraction of joints today and will likely require it to be locked up for a period of time.

That's an above-average return. The 2000's were more in the 4-5% range.

http://www.swanlowpark.co.uk/savings-interest-annual




 gentlemand is an above-average individual who commands higher-than-average interest by virtue of being.
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August 11, 2020, 03:49:20 AM

I seriously used to worry about pumping all my fiat into bitcoin. Look at this ———>



https://twitter.com/awealthofcs/status/1292819472194121728?s=21


Dump your fiat bags for bitcoin!2

Celsius.network pays 4.51% interest on BTC, and 8.69% on usdc.

You do not need to earn interest on your BTC - because BTC is already designed to pump forever, and why get preoccupied with interest when it could end up adding too much third-party risk to your BTC investment approach?

In other words, interest on your BTC seems to be a distraction that will lead too many people to give up custody of their BTC when in fact BTC HODLers are more empowered overall by figuring out ways to hold their own private keys.
If retired and looking for more predictable dividend income, it can be a nice option to put a bit of ones stash to work with institutional lending.  If you have a rainy day fiat fund, it's hArd to beAt the 8.69% interest on 10 different stablecoins.
JayJuanGee
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August 11, 2020, 04:12:09 AM

I seriously used to worry about pumping all my fiat into bitcoin. Look at this ———>



https://twitter.com/awealthofcs/status/1292819472194121728?s=21


Dump your fiat bags for bitcoin!2

Celsius.network pays 4.51% interest on BTC, and 8.69% on usdc.

You do not need to earn interest on your BTC - because BTC is already designed to pump forever, and why get preoccupied with interest when it could end up adding too much third-party risk to your BTC investment approach?

In other words, interest on your BTC seems to be a distraction that will lead too many people to give up custody of their BTC when in fact BTC HODLers are more empowered overall by figuring out ways to hold their own private keys.
If retired and looking for more predictable dividend income, it can be a nice option to put a bit of ones stash to work with institutional lending.  If you have a rainy day fiat fund, it's hArd to beAt the 8.69% interest on 10 different stablecoins.

I stand by my earlier comment, and if you are retiring, you do not want anyone exit scamming with your retirement principle merely because you feel insecure about whether you have enough to be able to cash out 4% per year or some other reasonable liquidation plan and still be able to largely preserve the value of your principle and to have the asset (in this case bitcoin) to appreciate in value enough to be comfortable with the amount that you are withdrawing.

Of course, if you are retiring, the longer your timeline, the more secure that you need to feel about having enough principle to last you whether for the duration of your retirement and that you do not have to go back to work because you failed to properly plan in term s of the amount that you have and the amount of your spending.   

If you anticipate your retirement to be 10 years, 20 years, 30 years or more.. then the longer the timeline, the more you need to be careful regarding how much you withdraw or if you go into retirement too early, then you might not have been ready for retirement if you cannot sustain your withdrawal amount..

I personally believe that $2million in principle would be sufficient for a lot of people around the world, because withdrawing 4% per year from a $2million principle would allow for $6,666, in passive income.. which presumes that the value of your various investments (in this case bitcoin) will appreciate on average at least 4% per year.. Personally, I believe that bitcoin can meet the at least 4% per year of sustaining its value or appreciating in value presumption without having to take 3rd party risks, and sure other people are going to make other presumptions or take other gambles, and they might end up getting exit scammed which will cause them to have less money in their retirement, presuming that they do not put all of their eggs in one basket. 

I personally do not have all my eggs in one basket, but I am thinking that bitcoin will constitute a pretty decent size of what is available t me, and my other investments by themselves are also enough to sustain me so bitcoin, for me, kind of serves as extra icing on the cake.  Of course, also, we live in uncertain times, so it becomes more possible that I will have to live off of my bitcoin, but my bitcoin is way larger than my conception of my basic needs.. so in any event it seems to be both good to have a cushion and also not feel that there is any kind of need to earn money on your bitcoin through some potentially problematic third party for the reasons that I already repeated several times.
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August 11, 2020, 04:14:23 AM
Merited by JayJuanGee (1)

I seriously used to worry about pumping all my fiat into bitcoin. Look at this ———>



https://twitter.com/awealthofcs/status/1292819472194121728?s=21


Dump your fiat bags for bitcoin!2

Celsius.network pays 4.51% interest on BTC, and 8.69% on usdc.

You do not need to earn interest on your BTC - because BTC is already designed to pump forever, and why get preoccupied with interest when it could end up adding too much third-party risk to your BTC investment approach?

In other words, interest on your BTC seems to be a distraction that will lead too many people to give up custody of their BTC when in fact BTC HODLers are more empowered overall by figuring out ways to hold their own private keys.
If retired and looking for more predictable dividend income, it can be a nice option to put a bit of ones stash to work with institutional lending.  If you have a rainy day fiat fund, it's hArd to beAt the 8.69% interest on 10 different stablecoins.

I stand by my earlier comment, and if you are retiring, you do not want anyone exit scamming with your retirement principle merely because you feel insecure about whether you have enough to be able to cash out 4% per year or some other reasonable liquidation plan and still be able to largely preserve the value of your principle and to have the asset (in this case bitcoin) to appreciate in value enough to be comfortable with the amount that you are withdrawing.

Of course, if you are retiring, the longer your timeline, the more secure that you need to feel about having enough principle to last you whether for the duration of your retirement and that you do not have to go back to work because you failed to properly plan in term s of the amount that you have and the amount of your spending.  

If you anticipate your retirement to be 10 years, 20 years, 30 years or more.. then the longer the timeline, the more you need to be careful regarding how much you withdraw or if you go into retirement too early, then you might not have been ready for retirement if you cannot sustain your withdrawal amount..

I personally believe that $2million in principle would be sufficient for a lot of people around the world, because withdrawing 4% per year from a $2million principle would allow for $6,666, in passive income.. which presumes that the value of your various investments (in this case bitcoin) will appreciate on average at least 4% per year.. Personally, I believe that bitcoin can meet the at least 4% per year of sustaining its value or appreciating in value presumption without having to take 3rd party risks, and sure other people are going to make other presumptions or take other gambles, and they might end up getting exit scammed which will cause them to have less money in their retirement, presuming that they do not put all of their eggs in one basket.  

I personally do not have all my eggs in one basket, but I am thinking that bitcoin will constitute a pretty decent size of what is available t me, and my other investments by themselves are also enough to sustain me so bitcoin, for me, kind of serves as extra icing on the cake.  Of course, also, we live in uncertain times, so it becomes more possible that I will have to live off of my bitcoin, but my bitcoin is way larger than my conception of my basic needs.. so in any event it seems to be both good to have a cushion and also not feel that there is any kind of need to earn money on your bitcoin through some potentially problematic third party for the reasons that I already repeated several times.


Thats all I ever see him post is to get people to give up their keys.

Doesn't sound like a btc believer to me.
JayJuanGee
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August 11, 2020, 04:21:39 AM

[edited out]
Thats all I ever see him post is to get people to give up their keys.

Doesn't sound like a btc believer to me.

S/he/it has a deceptive username, then.

Maybe s/he/it should call  selfie "defi-believer"?  or some other "bulllshit distraction believer"?  
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August 11, 2020, 04:42:59 AM

...

[scam] pays 4.51% interest on BTC, and 8.69% on usdc.

You do not need to earn interest on your BTC - because BTC is already designed to pump forever, and why get preoccupied with interest when it could end up adding too much third-party risk to your BTC investment approach?

In other words, interest on your BTC seems to be a distraction that will lead too many people to give up custody of their BTC when in fact BTC HODLers are more empowered overall by figuring out ways to hold their own private keys.


Feeling all warm inside that even JJG is now preaching “not your keys, not your bitcoin”: https://youtube.com/watch?v=dnC5mFaIW3Q
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August 11, 2020, 05:00:02 AM
Merited by JayJuanGee (1), LFC_Bitcoin (1)

Cheatsheet


Happy with that...

https://twitter.com/ChartsBtc/status/1292981189377064960
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