degxtra1
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 231
Merit: 46
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 19, 2020, 09:49:14 PM |
|
Your map disagrees and is drawn on toilet paper and smeared in shit.
I'm too old to compete with you on insults level. However it's highly appreciated you introduced yourself in that manner.
|
|
|
|
Spaceman_Spiff_Original
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 19, 2020, 10:01:10 PM Last edit: June 20, 2020, 02:21:26 AM by Spaceman_Spiff_Original |
|
this thread is so active and valuable. The only issue I face is, if I come after a few days, I don't know if anyone mentioned me anywhere. anyone uses anything which notifies if someone mentions on the forum, like on this thread.
Yeah, also a feature I have missed (along with seeing if someone replied to/quoted your posts).
|
|
|
|
serveria.com
Legendary
Offline
Activity: 2352
Merit: 1189
Privacy Servers. Since 2009.
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 19, 2020, 10:10:56 PM |
|
|
|
|
|
gentlemand
Legendary
Offline
Activity: 2590
Merit: 3014
Welt Am Draht
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 19, 2020, 10:39:43 PM |
|
This could be big:
Hopefully everyone who uses one learnt their lesson from Wavecrest and does not run their life through one. I remember tales of people stuck in Cambodia with no other form of payment when those cards evaporated. Bit silly. Wirex Europe uses a different company. Coinbase'll be fine too.
|
|
|
|
aesma
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 19, 2020, 10:40:17 PM |
|
2 billions euros in a Philippine bank, makes total sense !
|
|
|
|
Hueristic
Legendary
Offline
Activity: 3920
Merit: 5251
Doomed to see the future and unable to prevent it
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2020, 12:01:49 AM |
|
One more story that has given me a lot of courage, believe me, it is not over yet, more stories will be made.
Mr. Smith worked at a Silicon Valley tech company when he purchased $3,000 worth of Bitcoin in October 2010. “I had no idea how much to invest, but I was getting paid pretty well at the time, so I decided on $3,000.” Because Bitcoin was worth only $0.15 a piece at the time, his initial investment gave him around 20,000 Bitcoins.
From the very start, Mr. Smith knew that he was playing the long game, deciding to see just how high Bitcoin could go. For the next three years, he hodled his investment, only occasionally checking how Bitcoin is performing. But when Bitcoin hit $350, and then $800 just days later, Mr. Smith knew that it wouldn’t be wise to wait any longer.
He cashed out $2.3 million, quit his job He should never have cashed out as thats worth $190,000,000 today. 2.3M at 800 would be 2875 bitcoins, not 20k. So even after cashing out that sum, the dude still had 17000 bitcoins left. Sheeet Apparently someone doesn't know what the term "cashed out" means, I missed that. My point is it would be stupid to cash out at all and to just take what you need while still on the ride.
|
|
|
|
Hueristic
Legendary
Offline
Activity: 3920
Merit: 5251
Doomed to see the future and unable to prevent it
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2020, 12:03:10 AM |
|
You go ahead and live your own meager life. I don't need your judgmental ass to tell me how to live mine. Especially as you are telling me how wasteful my postulated $2.3M life is in the next breath after castigating some other schmuck for not waiting til $190M.
Back when I was a wage slave, $3M was my eventual target. I was on track. Then bitcoin happened.
Not pissing away millions makes someone life meager? I think I hit a nerve.
|
|
|
|
jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2020, 12:27:22 AM |
|
You go ahead and live your own meager life. I don't need your judgmental ass to tell me how to live mine. Especially as you are telling me how wasteful my postulated $2.3M life is in the next breath after castigating some other schmuck for not waiting til $190M.
Back when I was a wage slave, $3M was my eventual target. I was on track. Then bitcoin happened.
Not pissing away millions makes someone life meager? Nobody said anything about pissing away millions until this last post of yours. You told me I need to re-examine my life habits due to the fact that I pointed out that going from being a wage slave to having a $2.3M cushion is a larger life change than going from $2.3M and free to $190M and free. In the abstract, at that. Specifically implying that there was something wrong with me for thinking having $2.3M might be a nice thing. Again, in the abstract. Not only was your attack unwarranted on a personal level, but the lack of logic behind it is truly asinine. JJG just got done explaining -- yet again -- that many money managers consider a 4% annual drawdown from principal to be sustainable from typical retirement age until death. Which is a $92K annual drawdown on $2.3M. Not shabby, but neither is it anywhere near what I was making when I was a wage slave. And I ain't typical retirement age yet, so allowances need be made to extend the principal that many more years. So just GTFO with your self-righteous assertion that I need to reorder my priorities. If any nerve was hit, it was the one that leads to my blowhard asshole detector.
|
|
|
|
Toxic2040
Legendary
Offline
Activity: 1792
Merit: 4141
|
ummm....yah... full cock and ball formation? #dyor 4h ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F30FedyH.jpg&t=665&c=LT5Sz174K9Fn-w) 3 black crows sitting on a cloud D ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FctMTH3a.jpg&t=665&c=IvwLrf4LlcTecw) #stronghands -------- Deep breaths everyone...deep breaths. We will get thru this and be stronger for it.
|
|
|
|
Hueristic
Legendary
Offline
Activity: 3920
Merit: 5251
Doomed to see the future and unable to prevent it
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2020, 12:55:08 AM |
|
You go ahead and live your own meager life. I don't need your judgmental ass to tell me how to live mine. Especially as you are telling me how wasteful my postulated $2.3M life is in the next breath after castigating some other schmuck for not waiting til $190M.
Back when I was a wage slave, $3M was my eventual target. I was on track. Then bitcoin happened.
Not pissing away millions makes someone life meager? Nobody said anything about pissing away millions until this last post of yours. You told me I need to re-examine my life habits due to the fact that I pointed out that going from being a wage slave to having a $2.3M cushion is a larger life change than going from $2.3M and free to $190M and free. In the abstract, at that. Specifically implying that there was something wrong with me for thinking having $2.3M might be a nice thing. Again, in the abstract. Not only was your attack unwarranted on a personal level, but the lack of logic behind it is truly asinine. JJG just got done explaining -- yet again -- that many money managers consider a 4% annual drawdown from principal to be sustainable from typical retirement age until death. Which is a $92K annual drawdown on $2.3M. Not shabby, but neither is it anywhere near what I was making when I was a wage slave. And I ain't typical retirement age yet, so allowances need be made to extend the principal that many more years. So just GTFO with your self-righteous assertion that I need to reorder my priorities. If any nerve was hit, it was the one that leads to my blowhard asshole detector. Lol, I think there is to much mis-communication going on here starting with the fact "Cash out" mean to divest all of an asset into cash therefore he would have nothing but 2.3mil in cash which would have been retarded and then I stated if you went from a wage slave to "needing" 2.3mil in cash then you needed to re-evalute your spending habits. You took that as an insult and twisted it around to me saying he should have stayed working and not cashed anything and it just went downhill from there. At least that is how I see this conversation progressed. What they should have done is stated he sold a portion and all would be fine, it was an incorrect choice of words.
|
|
|
|
yefi
Legendary
Offline
Activity: 2842
Merit: 1511
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2020, 12:57:44 AM |
|
BTC reserves held on exchanges continue to decrease. For the last 2 days over 80K BTC were withdrawn from all exchanges. This sideways lingering continued long enough. We are getting to the point where the upward explosion will be unstoppable. The rocket is fueled and ready to launch, overcoming the gravity of the miniscule daily profit seekers. Traders, think twice before hitting the sell button with a 0.9% profit! ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FlKaThE4.jpg&t=665&c=TeNE8pcIRaZgNA) The hair on the back of the neck stands on end waiting for that ecstatic moment - when traders' infatuation with short-term momentum indicators finally betrays them.
|
|
|
|
CryptoYar
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2020, 02:10:55 AM Last edit: June 20, 2020, 02:43:52 AM by CryptoYar |
|
You go ahead and live your own meager life. I don't need your judgmental ass to tell me how to live mine. Especially as you are telling me how wasteful my postulated $2.3M life is in the next breath after castigating some other schmuck for not waiting til $190M.
Back when I was a wage slave, $3M was my eventual target. I was on track. Then bitcoin happened.
Not pissing away millions makes someone life meager? Nobody said anything about pissing away millions until this last post of yours. You told me I need to re-examine my life habits due to the fact that I pointed out that going from being a wage slave to having a $2.3M cushion is a larger life change than going from $2.3M and free to $190M and free. In the abstract, at that. Specifically implying that there was something wrong with me for thinking having $2.3M might be a nice thing. Again, in the abstract. Not only was your attack unwarranted on a personal level, but the lack of logic behind it is truly asinine. JJG just got done explaining -- yet again -- that many money managers consider a 4% annual drawdown from principal to be sustainable from typical retirement age until death. Which is a $92K annual drawdown on $2.3M. Not shabby, but neither is it anywhere near what I was making when I was a wage slave. And I ain't typical retirement age yet, so allowances need be made to extend the principal that many more years. So just GTFO with your self-righteous assertion that I need to reorder my priorities. If any nerve was hit, it was the one that leads to my blowhard asshole detector. Lol, I think there is to much mis-communication going on here starting with the fact "Cash out" mean to divest all of an asset into cash therefore he would have nothing but 2.3mil in cash which would have been retarded and then I stated if you went from a wage slave to "needing" 2.3mil in cash then you needed to re-evalute your spending habits. You took that as an insult and twisted it around to me saying he should have stayed working and not cashed anything and it just went downhill from there. At least that is how I see this conversation progressed. What they should have done is stated he sold a portion and all would be fine, it was an incorrect choice of words. After converting bitcoin into cash, he went on a world tour. It seems that this was his dream. However, it was his decision that he made. I tried hard to find him, but could not find his picture nor any social media accounts ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3822
Merit: 10746
Self-Custody is a right. Say no to"Non-custodial"
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2020, 03:38:04 AM |
|
a $92K annual drawdown on $2.3M. Not shabby, but neither is it anywhere near what I was making when I was a wage slave. And I ain't typical retirement age yet, so allowances need be made to extend the principal that many more years.
For sure, each of us should be attempting to account for our own expectations and circumstances, which may well give a decent priority to maintaining a certain standard of living that we have accustomed ourselves to. I would assert that past living standards are not absolutes, either. Let's say for example, you have had an income of about $150k to $200k per year, and you have largely paid off your housing and really gotten a lot of your investments in a solid kind of cushioned order. It may well be possible that anyone who has gotten their shit together could largely maintain their own standard of living on half of their traditional income - especially once they move to a passive income status. Of course, another situation would be that if something were to happen to you (accident or some health issue), you might also reconsider that the benefits of NOT working outweigh the efforts that might have to be exerted to carry out previous levels of work, or even reduced levels of work might not be sufficient in certain circumstances. I recall that you (picnic bear) and I had already had a variation of this conversation regarding having some enjoyment in work, and surely there is going to be individual variation in that regard, and even rewards from work that are not necessarily feeling like they are slave labor. Accordingly, there are reasons why some multi-millionaires and even billionaires will continue to involve themselves in money making endeavors, even though they really do not need to be occupying their time with such business arrangements and some of the work that might come out of juggling various kinds of business relationships, so in that regard, having fuck you status can be played at higher levels, too in which wealthy persons who chooses projects based on personal enjoyment, status, purpose and sometimes will be in a position to can business relations or others to go fly a kite if they do not want to play ball with the wealthy person... of course, assuming that no contractual obligation(s) had been created... and sometimes being the one with more money can sometimes allow for the breaking of contracts without really suffering meaningful negative financial consequences, too. Circumstances are going to vary, and some people just love having about 15 chainsaws to juggle in the air, and other people might prefer NOT to juggle too many things beyond hookers, blows and lambos. Can't really blame folks for these kinds of personal preference variances.
|
|
|
|
Paashaas
Legendary
Offline
Activity: 3514
Merit: 4560
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2020, 03:53:13 AM |
|
|
|
|
|
VB1001
Legendary
Offline
Activity: 938
Merit: 2540
<<CypherPunkCat>>
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2020, 04:40:52 AM Merited by JayJuanGee (1) |
|
11.4 M Bitcoin Held As Long Term InvestmentDigital gold
The company concluded that the breakdown of Bitcoin’s supply makes it similar to gold, supporting the asset’s status as digital gold. They clarify, however, that it is the 3.5 million BTC that is actively traded which supports the price:
“But this digital gold is supported by an active trading market for those who prefer to buy and sell frequently. The 3.5 million Bitcoin used for trading supplies the market, and, in interaction with the level of demand, determines the price.” https://cointelegraph.com/news/114-m-bitcoin-held-as-long-term-investment
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3822
Merit: 10746
Self-Custody is a right. Say no to"Non-custodial"
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2020, 04:47:54 AM |
|
Are these articles coming off as desperate or what? Sure some people are going to be confused by their nonsense, but they are likely to get laughed at a lot too, especially if we end up going into our expected exponential growth period in the coming weeks or years.. and sure it could take a while for bitcoin's next exponential growth period to play out, including whether we will get several slow migrations upwards that culminates into one peak or possibly two or more peaks that have extensive correction periods that attempt to weed out weak hands along the way into our likely greatest peaceful transfer of wealth in history.
|
|
|
|
jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2020, 06:21:25 AM |
|
Lol, I think there is to much mis-communication going on here
Yeah, maybe there was. Sorry for my part in it.
|
|
|
|
|
Tash
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1190
Merit: 305
Pro financial, medical liberty
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2020, 06:54:46 AM |
|
Did you know Anne Boleyn, the Queen of England from 1533 to 1536 was a Bitcoin advocate. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F6H6Sjw6%2Funtitled.jpg&t=665&c=Rv5Xs6_u9k7BFQ)
|
|
|
|
Biodom
Legendary
Offline
Activity: 3864
Merit: 4253
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 20, 2020, 07:00:29 AM |
|
Did you know Anne Boleyn, the Queen of England from 1533 to 1536 was a Bitcoin advocate. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F6H6Sjw6%2Funtitled.jpg&t=665&c=Rv5Xs6_u9k7BFQ) yea, her husband got mad at her bitcoin advocacy...it did not end well.
|
|
|
|
|