Bitcoin Forum
August 23, 2019, 07:50:34 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Poll
Question: What do you think about more?
Sex - 49 (39.8%)
Bitcoin - 74 (60.2%)
Total Voters: 123

Pages: « 1 ... 22733 22734 22735 22736 22737 22738 22739 22740 22741 22742 22743 22744 22745 22746 22747 22748 22749 22750 22751 22752 22753 22754 22755 22756 22757 22758 22759 22760 22761 22762 22763 22764 22765 22766 22767 22768 22769 22770 22771 22772 22773 22774 22775 22776 22777 22778 22779 22780 22781 22782 [22783] 22784 22785 22786 22787 22788 22789 22790 22791 22792 22793 22794 22795 22796 22797 22798 22799 22800 22801 22802 22803 22804 22805 22806 22807 22808 22809 22810 22811 22812 22813 22814 22815 22816 22817 22818 22819 22820 22821 22822 22823 22824 22825 22826 22827 22828 22829 22830 22831 22832 22833 ... 24825 »
  Print  
Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21334267 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. (104 posts by 20 users deleted.)
Biodom
Legendary
*
Offline Offline

Activity: 2044
Merit: 1267



View Profile
February 15, 2019, 05:03:10 AM


the same a-holes might be playing the same games with two (or probably more) different coins, that's all.
1566546634
Hero Member
*
Offline Offline

Posts: 1566546634

View Profile Personal Message (Offline)

Ignore
1566546634
Reply with quote  #2

1566546634
Report to moderator
1566546634
Hero Member
*
Offline Offline

Posts: 1566546634

View Profile Personal Message (Offline)

Ignore
1566546634
Reply with quote  #2

1566546634
Report to moderator
1566546634
Hero Member
*
Offline Offline

Posts: 1566546634

View Profile Personal Message (Offline)

Ignore
1566546634
Reply with quote  #2

1566546634
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1566546634
Hero Member
*
Offline Offline

Posts: 1566546634

View Profile Personal Message (Offline)

Ignore
1566546634
Reply with quote  #2

1566546634
Report to moderator
jojo69
Legendary
*
Offline Offline

Activity: 1484
Merit: 1815


no FOMO


View Profile
February 15, 2019, 05:32:25 AM
Merited by Toxic2040 (1)

hey

I just observe the walls man
JayJuanGee
Legendary
*
Offline Offline

Activity: 1988
Merit: 1927


How much alt coin diversification is needed? 0%?


View Profile
February 15, 2019, 07:19:51 AM

I was doing some simple math:

17.54 mil btc per 7.7 bil Earth inhabitants (lets forget about lost coins for this calculation):

0.00226btc/person

To be a 1% bitcoiner among earthlings you only need no more than 0.226 BTC (probably less, but I will use this number), which is about $814 right now.
I would think that any intelligent person should go ahead and make that purchase, it makes sense, even if you are skeptical.

Conclusion: btc is still super affordable.
In fiat world you need $871K (in assets) to be among 1% worldwide.

I am having a little bit of a problem with your $871k to be sufficiently in the 1%, and even reasonable to live a passive income life-style of that amount.  That only gives you a $34,840 income per year (assuming a 4% withdrawal rate).  It seems that a minimum of twice that amount would b prudent if you are living some kind of lifestyle that involves western expenses, too.. not just 3rd world living (which $871k might be a manageable passive income amount in those places).

What if you currently have something close to $871k in assets in BTC (which would be 243BTCx$3,575)?  Then you are already in the 1% and your future prospects within bitcoin should be even better, but I would still think that you either need a minimum of a 2x appreciation in BTC prices or to double your stash to 486BTC.

On the other hand, if you have multiples of 10 less than that 243 BTC amount, then there is a requirement of  three 10x price improvements for you to get to the 1%-ers?  And, maybe even 20x price increases to get to the level of comfort that I consider to be a reasonably comfortable target.

But yeah, let's use a 10x variation of your numbers, which would be 226 BTC or 22.6 BTC or 2.26 BTC or your number of .226BTC (which is 100x more BTC than the average BTC max that anyone might have in a projected full BTC world)....

I understand that you are appealing to the smaller goal number on the multiples of 10 scenarios to both show that a reasonable hedge goal is manageable by very low income individuals right at this time versus my suggestion of higher numbers and various 10 equity hedge cushions.... because how long is it going to take to become a 1% under your projected scenario of .226 BTC?  30 years? 

I know that the scenario could happen of becoming a 1%-er with .226 BTC is possible earlier than 30 years, but you are suggesting more than a 1,000x BTC price increases in order to become a 1%-er, which would be more than $3million dollars per bitcoin.

Guys and gal here following this thread should surely be able to shoot higher than .226BTC.. and a minimum of 2.26 BTC and a 10x higher goal of 22.6 BTC should be achievable for guys and gal, here...    Now I am starting to think that longer term HODLers in this thread, who are thinking of retiring in the $50k BTC to $100kBTC territory likely have a BTC stash that is in the area of 40BTC to 50BTC arena...

No need to dox yourself anyone, but that's my thinking for the projected retirees at $50k plus per BTC arena.. and $50k is going to give a bit of a cushion.. so at 40BTC, then you have $2million and 50BTC you have $2.5million in BTC assets. 

I also know that no matter what I say, there are a lot of guys (and gal) here who are pricing their wealth in dollars, and they do not want to cash out 4% per year once they get to their BTC accumulation goal (and price target), they want to cash out a vast majority of their BTC at $50k, for example, because they want to lock in their dollar projections for how much they believe it takes for them to guarantee living passively off of the amount (given BTC's ongoing expected volatility)... .and we are not going straight to $3million per BTC any time soon...and who wants to wait 30 years to retire?
JayJuanGee
Legendary
*
Offline Offline

Activity: 1988
Merit: 1927


How much alt coin diversification is needed? 0%?


View Profile
February 15, 2019, 07:21:49 AM


Oh my!!!!!!   LTC pumping, now?  Roll Eyes Roll Eyes Roll Eyes

hey

I just observe the walls man

Snap out of it, man.  Otherwise, will have to post another batman gif.    Cheesy Cheesy Cheesy
HairyMaclairy
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1505


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 15, 2019, 07:30:51 AM

A 100x from here puts us as matching the market cap of gold (disregarding lost coins).  I'm pretty comfortable with that.
HairyMaclairy
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1505


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 15, 2019, 07:33:48 AM

Touch me baby.  Right there.  Yeah.  Feels so good.



Don't stop.  Do it again.  Yeah.

ðºÞæ
Sr. Member
****
Offline Offline

Activity: 1019
Merit: 286


Bitcoin © Maximalist


View Profile
February 15, 2019, 07:51:45 AM

Its happening, the avalanche of no-cost tokens is in motion.
First several countries (Russia, Saudi, Venezuela, Iran, UAE...) then JPM and now Japan IT giant releasing coins.
Every Bank large corporation Facebook, Apple.........will have its own non-minable coin. It will extend even to private individuals as status symbol or whatever other reason like attempted money grab. ICO was yesterday.

I know about just every active xrp thread, for hours not a single response to any of them. The xrp money grab is in its final stage. Never experienced  that bunch of ..... so quiet.
https://www.blockchain24.co/stablecoin-in-japan/
LFC_Bitcoin
Copper Member
Legendary
*
Offline Offline

Activity: 1806
Merit: 2019


One of the world's leading Bitcoin-powered casinos


View Profile
February 15, 2019, 07:54:36 AM

A 100x from here puts us as matching the market cap of gold (disregarding lost coins).  I'm pretty comfortable with that.

X 100 from here & I don’t even know what I’d do with myself. It’d be fucking euphoric, wouldn’t it?

 Shocked
HairyMaclairy
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1505


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 15, 2019, 07:54:57 AM

Haha ETH just flipped XRP

kenzawak
Hero Member
*****
Offline Offline

Activity: 658
Merit: 850



View Profile
February 15, 2019, 07:55:08 AM

A nice piece of art...
https://peerart.io/#/listing/1-000-356

HairyMaclairy
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1505


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 15, 2019, 07:56:19 AM

A 100x from here puts us as matching the market cap of gold (disregarding lost coins).  I'm pretty comfortable with that.

X 100 from here & I don’t even know what I’d do with myself. It’d be fucking euphoric, wouldn’t it?

 Shocked

You would go unconscious after pulling 12Gs bro even wearing a g-suit
LFC_Bitcoin
Copper Member
Legendary
*
Offline Offline

Activity: 1806
Merit: 2019


One of the world's leading Bitcoin-powered casinos


View Profile
February 15, 2019, 08:00:16 AM

A 100x from here puts us as matching the market cap of gold (disregarding lost coins).  I'm pretty comfortable with that.

X 100 from here & I don’t even know what I’d do with myself. It’d be fucking euphoric, wouldn’t it?

 Shocked

You would go unconscious after pulling 12Gs bro even wearing a g-suit

Ahh man, hopefully our dreams come true.

I was reading the early pages of this thread the other day, April 2013, people were chatting when the price was $70. If we could even make those kind of gains from the current price I’d be the happiest man alive.
bitcoinminer42
Legendary
*
Offline Offline

Activity: 1638
Merit: 1156


notorious shrimp!


View Profile WWW
February 15, 2019, 08:10:43 AM
Merited by jbreher (1)


ðºÞæ
Sr. Member
****
Offline Offline

Activity: 1019
Merit: 286


Bitcoin © Maximalist


View Profile
February 15, 2019, 08:15:26 AM

Haha ETH just flipped XRP



Ripples shenanigans with xrp is not to be underestimated. Last year this time 1% or even less xrp added to circulating, currently over 3%

Forbes version of  market-capitalization becomes clear with the emergence of JPMjunk and others to follow all closed source. (Total coins times price).
Yaplatu
Full Member
***
Offline Offline

Activity: 602
Merit: 195


Never Surrender ฿


View Profile
February 15, 2019, 08:16:31 AM



 Roll Eyes Roll Eyes
hisslyness
Member
**
Offline Offline

Activity: 144
Merit: 30


View Profile
February 15, 2019, 08:18:31 AM

If JP's coin is privately mined and checksummed, then it's about as secure as a normal database and probably worse as they most likely fucked up the design. Not a biggie, or something I would trust more than a standard SQL server.

probably running on an MS Access 2007 Database....
LFC_Bitcoin
Copper Member
Legendary
*
Offline Offline

Activity: 1806
Merit: 2019


One of the world's leading Bitcoin-powered casinos


View Profile
February 15, 2019, 08:21:45 AM

watch LTC

I’ll give that a miss, thanks!
bitcoincidence
Sr. Member
****
Offline Offline

Activity: 700
Merit: 293



View Profile
February 15, 2019, 08:28:32 AM

a quiet morning
the bot jumps into the chart
but nothing happens



HairyMaclairy
Hero Member
*****
Offline Offline

Activity: 924
Merit: 1505


Degenerate bull hatter & Bitcoin monotheist


View Profile
February 15, 2019, 08:45:43 AM

machine learning bot
all your friends buy xrp
would you FOMO in?

DeathAngel
Legendary
*
Offline Offline

Activity: 1386
Merit: 1119


One of the world's leading Bitcoin-powered casinos


View Profile
February 15, 2019, 08:52:41 AM



 Roll Eyes Roll Eyes

Get your cock wet by using bitcoin?
I’d rather pay a bitcoin accepting hooker agency, at least you won’t get cat fished.
Pages: « 1 ... 22733 22734 22735 22736 22737 22738 22739 22740 22741 22742 22743 22744 22745 22746 22747 22748 22749 22750 22751 22752 22753 22754 22755 22756 22757 22758 22759 22760 22761 22762 22763 22764 22765 22766 22767 22768 22769 22770 22771 22772 22773 22774 22775 22776 22777 22778 22779 22780 22781 22782 [22783] 22784 22785 22786 22787 22788 22789 22790 22791 22792 22793 22794 22795 22796 22797 22798 22799 22800 22801 22802 22803 22804 22805 22806 22807 22808 22809 22810 22811 22812 22813 22814 22815 22816 22817 22818 22819 22820 22821 22822 22823 22824 22825 22826 22827 22828 22829 22830 22831 22832 22833 ... 24825 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!