his claim of owning 0.63 btc is very likely an understatement.
1 - 1/e ≈ 0.63
If you know, you know.
I don't know
And it feels like I'm missing out on something good. What's with saying someone owns less than 1-1/e Bitcoins?
This should be interesting if e ~ [-0.01, -0.005]. If on the contrary, e = exp(1) (positive), then it's the same old boring 0.63 we've been reading about from way back.
I'm still lost
You're not supposed to use e as a variable with a different meaning in math. But I
still have no idea what this is about. I thought it could be an inside thing, I'm just not seeing it.
You casuals.
I use φ = (1+ Sqrt 5)/2 as the measurement tool for my lies about the quantities of my Bitcoin holdings.
Edit: I just got the joke. Lol. Clever.
@LoyceV:
It is a well known constant in math and his post was just a reference to that number.
Your accidental 80x never happened either, just like my "mistake" from a couple of years ago that caused a certain amount of bonus funzies based on my coincidentally being in the right place (a seemingly illiquid exchange) at the right time.
Edit: I just got the joke. Lol. Clever.
@LoyceV:
It is a well known constant in math and his post was just a reference to that number.
I know the math, but the joke still passes me.
If you had not realized, bots are challenged when it comes to jokes.
115k is better than 106k
maybe 125 by Thursday.
I think this time the price will go up to maybe $130k, but I have no doubt that some new bombastic announcement will do the same thing it did a few days ago. In addition, it is necessary to monitor what will happen in the event that the US approves the sending of Tomahawk missiles to Ukraine - there has been a lot of talk about this in recent weeks, and if it really happens, the situation will be quite aggravated in the relationship between the US and Russia.
If you had not noticed, in bitcoin, surprise price moves can happen to the upside or to the downside.
We never expect such death; nobody should commit suicide because of the crypto market movement.
A Ukrainian crypto trader has been found dead in Kyiv in the wake of a market crash, with officials now treating the incident as a possible suicide, according to local police. Konstantin Galich (better known as Kostya Kudo) was found inside a Lamborghini Urus in the Obolonskyi district of Kyiv Oct. 11 with a gunshot wound to the head. According to police reports, a firearm registered to him was also at the scene. A statement shared on the Kyiv Police Department’s Telegram channel said the focus was on establishing if the act was self-inflicted or involved foul play.
The statement said that a day before his death, “the man told relatives that he was feeling depressed due to financial difficulties and also sent them a farewell message.”
Read:
https://nypost.com/2025/10/12/world-news/ukrainian-crypto-trader-konstantin-galich-found-dead-inside-lamborghini-as-market-plunges/At the point he felt depressed and he was telling members of his family, they would have swinged into action to call him to order and give him some counsel and encouragement to calm him down, knowing fully well that his finances was affected due to the market crash. I think it was that tip off he told his family about him being depressed was how the police came to the conclusion that it was suicide the young man committed. He should have been familiar with the ups and downs of the market, the move he took was too extremely, he could still be alive and recover those money, hence there is life, there is hope.
I am not suggesting that suicide is the right answer, yet sometimes the level of debt could be quite insurmountable, when folks are using leverage they get wiped out and then perhaps they even keep trying to bet it and they get wiped out several times... Guys here have probably gone through some version of loss and/or extreme loss, and maybe they could recognize if one or two other things would have had happened, they would have had been in even a worse situation.. so in that regard, sometimes there can be some paths forward.
Edit: I just got the joke. Lol. Clever.
@LoyceV:
It is a well known constant in math and his post was just a reference to that number.
I know the math, but the joke still passes me.
I was just adding to the noise
Perhaps there was no joke. It still eludes you and me both...
i thought i had it figured. then i did an actual check of my theory and.. well, uh no. so i dont get it either now lol
edit
like, ever go to bed thinking how clever you were. then wake up and find out how unclever you were?
yes? ... then bitcoin is for YOU!
no?... then bitcoin is for YOU TOO!
In my very early years of bitcoin, there was one or two times, that I sold some bitcoin with the expectation of buying it back cheaper, and even though it should not be any kind of BIG deal, those were actually the most stressful times for me, so largely I stopped doing it. I concluded that there is no reason to sell bitcoin with an expectation of buying back lower.
At the same time, there are folks who lean towards being able to sleep better in cash and others who sleep better in bitcoin. Of course, there is a balance in regards to how much in bitcoin and how much in cash, and those who are newer to bitcoin might find it more challenging to get used to being able to sleep by having a certain amount of their value in bitcoin (and being able to "let it ride.").
[Edited out]
You are all Bitcoiners. You are clever by definition!
It was not really a joke (although you could call it that), but a guess. I postulated that Jay's "0.63 BTC" number may have come about after doing some price data calculations involving e (in a direct, or indirect way), so that's why the value of 0.63. Any one involved in electronics and/or applied math would likely have come across this number, which usually appears as 0.632 (with 3 decimals).
Gemini's quick response:
The value 0.632 (or 63.2%) is significant in the transient response of a first-order system, such as an RC or RL circuit, because it is the point in time where the system's output reaches approximately 63.2% of its final steady-state value. This time is equal to one time constant (τ) of the circuit.
Jay's recent comment on this suggests that I was wrong though, so, my apologies for twisting your brains with my math conundrums.
Your description was better, though.
We never expect such death; nobody should commit suicide because of the crypto market movement.
There were many in the last cycle. People tend to forget. Anyway you won't read about most of these cases are they would be unknown people.
My view...if 'reality' finally hits the stock market and it dumps say 25% in the next month as a cluster....k and the recession hits (as it should with all
the chaos in the world imho) then BTC will go down probably more than that at least initially. A recession means everyone is over extended...on cc and the 2nd
It is not gonna happen now maybe in a few years, they still have different ways of preventing this. Interest rates are coming down too. There is also a very good theory that this massive crash was an orchestrated attack on Binance.
https://www.cryptopolitan.com/hackers-used-binance-to-crash-crypto-market/Don't play with dangerous tools and you will be fine.
It's a good read. I will stay off binance.us for the time being.
I think that various aspects of the degeneracy have been happening on the regular Binance, and not on BinanceUS.. even though they are connected, regular Binance has more products - and also over the years, there have been decent amounts of attacks on Binance - including that matters around the FTX fiascos were framed as if Binance had caused and/or contributed to those fiascos, and the story is far from clear in regards to the various overlaps. Many of us likely realize that since around the time of CZ's incarceration, there were agreements that would allow more US government (whether dark government of not) to place its tentacles within various aspects of the Binance apparatus .. so that Binance would not necessarily seem as much of a threat as some of the various decentralized exchanges that are currently in the space and suffered quite a bit in the October 10 crashening.
A couple of days ago
Laura Shin interviewed a guy named Diogenes Casares, and he had a lot of decent insight regarding some of the craziness of the October 10 crashening.
Poll
