btcbeliever
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September 03, 2019, 12:46:47 AM |
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One more BTC bull run and that's it. I'll be unemployed, living on passive income just like makrospex.
Merited, but bitcoin does not provide passive income, unless you are into rehypothecation games with blockfi, etc. BTC is a hard money, but you need to exchange it to soft money to live off of (for now). It's totally possible to replace a salary with interest payments on Bitcoin holdings without selling. If you have held for enough years. The only option I know is Celsius. yes, blockfi and Celsius, but such interest is not "native" to bitcoin blockchain and comes from a third party re-hypothecating your btc that you "lend" to them. Essentially, you have to assume that they don't go belly up somehow and would always return your btc. Do you feel lucky, hodler? That is true, you must investigate their reputation and trust them. I've held since 2013, i feel like I earned the reward. Superhuman patience is required that very few posses. Freebitco.in gives you %4.08/year with a daily compounding interest. I have some bitcoins there. A bit risky but I am biting the bullet here. I have been biting at the chomps about whether I should respond to this thread of conversation, and you surely have to weigh your risks when you put some of your BTC stash with some of those third party entities to "earn interest." I can surely understand the urge to earn more BTC, but there is really no free lunch, and personally, I think that many peeps are going to be way the fuck better off to just accumulate as much BTC as you can by just buying it or any other reasonable way that is available to you without putting your principle at unnecessary risks. Accordingly, if you are able to accumulate a sufficient amount of BTC, then you can live off of it's likely appreciation in value, which seems to be goddamned likely, especially if you have at least a 5 year timeline (3.5 years has been the historical bare minimum in BTC, but history does not guarantee future results). So, I am suggesting to accumulate enough that you can calculate a withdrawal rate that goes to a decent amount of years in your life that is likely to only affect maintenance levels of withdrawal of your BTC but then you can also go on a more aggressive withdrawal rate if you believe that your life is going to end at a certain period of time (which is likely difficult to measure with any kind of precision). In previous posts, I have gone into detail about what I would consider to be a reasonable maintenance withdrawal rate, which is 1% per quarter. Anyhow, you can apply BTC quantities to your own life style situation (or expectation of standard of living) to figure out how many BTC you would need in order to be able to sufficiently use BTC income to pay for all of your expenses or to supplement any other income that you might have in order to achieve a maintenance level of withdrawal versus a depletion of principle rate of withdrawal. Of course the depletion of principle rate of withdrawal is the more aggressive of the withdrawal systems. Check out Alex mashinsky's background, he's CEO founder of Celsius. I think putting 30% of holdings with him is a good risk level, if you have alot accumulated. I spend the interest as I get it, I'm retired. And prefer to sell Bitcoin when it's overvalued then spend it now. But if there's other ones out there, would like to investigate those as well. Blockfi has very low lending limits.
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realr0ach
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September 03, 2019, 01:07:33 AM Last edit: September 03, 2019, 01:27:27 AM by realr0ach |
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Women run modern civilization. It is a gynocentric empire of nothingness with men as their work mule donkey slaves. The man essentially wastes his life to facilitate the woman's mindless desires about things like diamond rings and $100k weddings purchased with debt. There is no way out of that paradigm until men boycott marriage entirely. Since women are unable to compete against men as a group in anything, they will then fall into poverty and powerlessness and be forced to negotiate with men on their terms instead of the ball being in their court. Shouldn't take very long for this to happen naturally since a man in current day would have to be completely insane to want to get married in the first place.
I’m not even 35, I’ve been with my girl for 11 years & we’re not even engaged & we have no children. Lots of people think it’s weird but we’re selfish & we like to do what we want to do, not what others want & expect ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I'm 33 and have been with my (now wife) for 15 years... only been married for 4 of those years however. Don't let other peoples ideas of "what is right" dictate your relationship. People have constantly asked us when we are having kids and when we tell them we aren't we are looked at like we have some sort of mental condition. But it works for us, we enjoy our lives and don't see a reason to change. People like r0ach are just bitter, twisted men who think all women are pieces of shit. Sure some are... but so are some men too I am in the business of risk management. A marriage is the act of a man signing a contract with the government that says women are his equal. If you don't believe women are equal, why would you ever sign such a contract? In modern context, the contract doesn't even play out as women being equal; it's a contract elevating women above you as your superior with more rights. On a long enough timeline, it's just not possible for such an illogical, bizarro world system to continue. My son Infofront in this thread himself is married and refers to women as "large children". I would elaborate on that definition more as "large, irrational, emotionally unstable, and erratic, large children". It's completely insane to sign any type of government contract granting such a creature any power over you as a man. The only way marriage would make any sense for a man is some sort of pre-industrial revolution-style marriage back when women had zero rights and couldn't vote either. As a side note, during the early Trump election era there was a period of time where all shitposters on the internet kept referring to leftists as cuckolds and kept trying to define what an "alpha" or "beta" male is. I thought it was funny how some random Indian guy I know - that's a leftist who I have nothing in common with besides the fact he thinks marriage is a stupid idea for men - stated the fact that ANY man who wants to get married is a cuckold by default. I thought, you know, this guy is actually right.
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Negotiation
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September 03, 2019, 01:09:32 AM |
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Observing Wall Observer Page No 24900 probable End soon.
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist
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September 03, 2019, 01:22:35 AM |
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One more BTC bull run and that's it. I'll be unemployed, living on passive income just like makrospex.
Merited, but bitcoin does not provide passive income, unless you are into rehypothecation games with blockfi, etc. BTC is a hard money, but you need to exchange it to soft money to live off of (for now). It's totally possible to replace a salary with interest payments on Bitcoin holdings without selling. If you have held for enough years. The only option I know is Celsius. yes, blockfi and Celsius, but such interest is not "native" to bitcoin blockchain and comes from a third party re-hypothecating your btc that you "lend" to them. Essentially, you have to assume that they don't go belly up somehow and would always return your btc. Do you feel lucky, hodler? That is true, you must investigate their reputation and trust them. I've held since 2013, i feel like I earned the reward. Superhuman patience is required that very few posses. Freebitco.in gives you %4.08/year with a daily compounding interest. I have some bitcoins there. A bit risky but I am biting the bullet here. I have been biting at the chomps about whether I should respond to this thread of conversation, and you surely have to weigh your risks when you put some of your BTC stash with some of those third party entities to "earn interest." I can surely understand the urge to earn more BTC, but there is really no free lunch, and personally, I think that many peeps are going to be way the fuck better off to just accumulate as much BTC as you can by just buying it or any other reasonable way that is available to you without putting your principle at unnecessary risks. Accordingly, if you are able to accumulate a sufficient amount of BTC, then you can live off of it's likely appreciation in value, which seems to be goddamned likely, especially if you have at least a 5 year timeline (3.5 years has been the historical bare minimum in BTC, but history does not guarantee future results). So, I am suggesting to accumulate enough that you can calculate a withdrawal rate that goes to a decent amount of years in your life that is likely to only affect maintenance levels of withdrawal of your BTC but then you can also go on a more aggressive withdrawal rate if you believe that your life is going to end at a certain period of time (which is likely difficult to measure with any kind of precision). In previous posts, I have gone into detail about what I would consider to be a reasonable maintenance withdrawal rate, which is 1% per quarter. Anyhow, you can apply BTC quantities to your own life style situation (or expectation of standard of living) to figure out how many BTC you would need in order to be able to sufficiently use BTC income to pay for all of your expenses or to supplement any other income that you might have in order to achieve a maintenance level of withdrawal versus a depletion of principle rate of withdrawal. Of course the depletion of principle rate of withdrawal is the more aggressive of the withdrawal systems. Check out Alex mashinsky's background, he's CEO founder of Celsius. I think putting 30% of holdings with him is a good risk level, if you have alot accumulated. I spend the interest as I get it, I'm retired. And prefer to sell Bitcoin when it's overvalued then spend it now. But if there's other ones out there, would like to investigate those as well. Blockfi has very low lending limits. We have warned you repeatedly to stay away from these guys. Don’t come crying to us when they collapse.
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realr0ach
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September 03, 2019, 01:54:14 AM |
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Correction: most men and most women are pieces of shit.
Someone forgot to build a contigency plan for a sphere of non-linear time with any grasshopper you ever stepped on, you'll eventually live as it with the grasshopper living as you (except Jews which are actual demons).
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jojo69
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diamond-handed zealot
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September 03, 2019, 02:00:40 AM |
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We have warned you repeatedly to stay away from these guys.
Don’t come crying to us when they collapse.
.
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Hueristic
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Doomed to see the future and unable to prevent it
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September 03, 2019, 02:19:25 AM |
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Boys a bit movie OT.....
But F*** i’m seriously looking forward to see The joker...
I wish Heath Ledger was around to do it. ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fimg1.looper.com%2Fimg%2Fuploads%2F2018%2F12%2Fheathjoker-blogroll-1531863270321_1280w.jpg&t=665&c=nIrpm849cAgQpg) Right after i saw him do the joker I went out and bought this for the hell of it. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I never did bother reading it though. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ebayimg.com%2Fimages%2Fg%2FG4UAAOSwz1RdUmVU%2Fs-l1600.jpg&t=665&c=5MBcP486mKyVQw) Amusingly enough i've been on the same meds that killed him for over a decade now.
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Hueristic
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Doomed to see the future and unable to prevent it
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September 03, 2019, 02:27:30 AM |
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I figure I need about $30k BTC to have a 'shot' at even getting dinner with her. Of course, she would have to be a Bitcoin Gold Digger.
Then again, I"m an old pervert for suggesting the above.
Meh! We all have our faults.
(Amazing how much more attractive I become to the world as Bitcoin goes up in price, go figure)
Brad
We are all dirty young men until we become dirty old men and its tough to tell exactly when that happened. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) We have warned you repeatedly to stay away from these guys.
Don’t come crying to us when they collapse.
. ad nauseum
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Hueristic
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September 03, 2019, 02:43:44 AM |
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That's because the media has more and more control over the kids instead of their parents who work more and more. Parents should raise their kids and not reality shows like Jersey Shore, Kardashian's "reality show" and many others. Or movies like The Wolf of Wall Street where they show the worst case possible which becomes some sort of a new idol for many crypto traders.
I hope you guys make a ton of money with bitcoin so you can spend more time with your kids, if you have them.
It's the parents who give that control because they're both lazy and it's easy. Sad state of affairs really ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) I blame the Nanny state, the courts have taken away the tools parents need to instill respect onto a under developed brain. Those tools always boil down to pain, there is no way around it and no substitute. The only way to learn not to play with fire is to get burned. You can yell until your head pops off and they won't listen until thy have the fear of pain associated behind those words. I'll give you an example. My buddy was beaten by a step dad growing up and swore he would never hit his kids. I told him there is a massive difference between beating and spanking but he wouldn't listen. So after about 6 years and three kids of never laying a hand on them they were ruling his life and telling him to fuck off and basically ignoring everything he said so he finally lost it and started yelling at the top of his lungs at the little pricks and guess what? The neighbors called the cops and he got charged with "verbal Abuse" !!! That poor bastard just couldn't catch a break. Moral of the story is if you have the tools to teach them then you will never get to the point of losing your mind and you might actually raise a child with some respect for others which is sorely lacking in these full of themselves little shits that are running around now.
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Arriemoller
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Cлaвa Укpaїнi!
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September 03, 2019, 02:45:05 AM |
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Stamp chart is used for the bitmex price. (one of them) I saw a few times a huge manipulation on the bitstamp because it's easier to crash or pump the market and liquidate longs or shorts on the leverage exchange. Are you seriously proposing that we reopen negotiation on the Vegas accords of 2015? Do you have any idea what a can of worms that would be? I really don't know what are you talking about and why do you have such a problem with my chart. We have an understanding in this thread, that we only use Bitstamp prices.
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jojo69
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diamond-handed zealot
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September 03, 2019, 02:45:58 AM |
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We are all dirty young men until we become dirty old men and its tough to tell exactly when that happened. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I know precisely when it happened. I remember it well. I was at the local grocery picking up a few things. As I moved down the aisle toward another shopper I noticed her pull her child closer...the look on her face I had never seen before. I had to look at myself, tattered jeans, rotting army coat, and I realized that I was no longer that cute, harmless, punk rock kid, but a possibly homeless middle aged man.
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jbreher
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lose: unfind ... loose: untight
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September 03, 2019, 02:46:35 AM |
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Stamp chart is used for the bitmex price. (one of them) I saw a few times a huge manipulation on the bitstamp because it's easier to crash or pump the market and liquidate longs or shorts on the leverage exchange. Are you seriously proposing that we reopen negotiation on the Vegas accords of 2015? Do you have any idea what a can of worms that would be? I really don't know what are you talking about and why do you have such a problem with my chart. We some militant subset of us have an understanding in this thread, that we only use Bitstamp prices. FTFY
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Hueristic
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September 03, 2019, 02:48:43 AM |
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We are all dirty young men until we become dirty old men and its tough to tell exactly when that happened. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) I know precisely when it happened. I remember it well. I was at the local grocery picking up a few things. As I moved down the aisle toward another shopper I noticed her pull her child closer...the look on her face I had never seen before. I had to look at myself, tattered jeans, rotting army coat, and I realized that I was no longer that cute, harmless, punk rock kid, but a possibly homeless middle aged man. Bummer man, some chicks are like that to anyone they don't know, as well.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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September 03, 2019, 03:29:37 AM |
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realr0ach
Sr. Member
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September 03, 2019, 03:31:17 AM |
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My review of Bitcoin and it's CEO JayJuanGee: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FzNo4pv0.png&t=665&c=b5J0_gJZzafkVA)
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jojo69
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diamond-handed zealot
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September 03, 2019, 04:04:05 AM |
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We got any Brazilians in here?
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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September 03, 2019, 04:06:10 AM |
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If I think about the current price of Bitcoin now and BTC price in about 5 years, this current $10k is cheap as hell! I'm stashing as much I can! See yaa in 2024, if anyone of you survive HODLING till then! hehe Price of Bitcoin in 2024 atleast $350k? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Why are we NOT going to see you until 2024? Are you going to be in jail until then? Or in some other kind of incommunicado status? I think that we will have decent BTC price performance that comes before 2024, and maybe even another run up by the time we get to 2024 or might take until 2025 or at the latest 2026 for another BTC price run. By the time that we even get to 2024, I will probably already be having quite a bit of my funzies state of life and be in a BTC spending status before we reach 2024... I imagine. Surely, I am still likely to have a decent stash of BTC by 2024 or 2026, but likely not as many as I have today..maybe 70% of today's quantity... I haven't quite thought through it that far in advance and how my spending of BTC might play out..
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JayJuanGee
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September 03, 2019, 04:17:31 AM |
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8 apartments would be a full time J.O.B... even with a manager. You are managing the manager, or they are taking a BIG ass cut.. hopefully, they earn their cut or are otherwise taking care of matters with sufficient due diligence?
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JSRAW
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Up to 300% + 200 FS deposit bonuses
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September 03, 2019, 04:24:30 AM |
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Libra got some fan in ECB, one of the board member using cute words for Libra Reuters: Europe should ignore 'treacherous promises' of Facebook's Libra currency: ECB's Mersch FRANKFURT (Reuters) - Facebook’s (FB.O) proposed Libra currency could undermine the European Central Bank’s ability to set monetary policy and Europe should ignore its siren call of “treacherous promises” ECB board member Yves Mersch said on Monday.
“Depending on Libra’s level of acceptance and on the referencing of the euro in its reserve basket, it could reduce the ECB’s control over the euro, impair the monetary policy transmission mechanism by affecting the liquidity position of euro area banks, and undermine the single currency’s international role,” Mersch added.
Like regular currencies, Libra would be highly centralized, an “extremely concerning” setup since it is not backed by a lender of last resort and it is ultimately accountable to shareholders, who are not seen as repositories of public trust, Mersch added.
“It is scheduled for release in the first half of 2020 by the very same people who had to explain themselves in front of legislators in the United States and the European Union on the threats to our democracies resulting from their handling of personal data on their social media platform,” Mersch added.
Given these challenges, European regulatory and supervisory authorities need to assert jurisdiction over Libra and also need global cooperation to mitigate its risks.
“I sincerely hope that the people of Europe will not be tempted to leave behind the safety and soundness of established payment solutions and channels in favor of the beguiling but treacherous promises of Facebook’s siren call,” Mersch added. Bloomberg :ECB’s Mersch Says Siren of Libra Is Beguiling But Treacherous
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