Jay you know I mined LTC from the beginning because I had a man crush on coblee (Charlie Lee) and terrytibbs. I also wanted to mine something and be a true early adopter
Apart from my not knowing who or what is terrytibbs, I don't see anything wrong with getting distracted in the beginning by mining of such an altcoin for whatever reason or not even knowing, necessarily, the value proposition of bitcoin as compared with other coins.
I had not looked back that far into your history, even though superficially I had noticed that you had quite a few seemingly bitcoin denigrating posts and bitcoin naysaying and desires to play around with trading, and surely, I think that I kind of got to know you around the late 2015 stage in which you were talking about selling your bitcoin to engage in christmas spending. I am not sure how relevant your earlier litecoin mining history would have been to that and/or I am not even clear if you are saying that you had already been done with your litecoin mining history by the time that I was interacting with you in late 2015?
but I think bitcoin followers are being diluted by all the shitcoins and so is this forum.
Seems a bit unnecessarily pessimistic and generalizing to me. Sure there is money in shitcoins, but there are likely plenty of us who bash shitcoins whenever we can, and I had already said that this WO thread tends to be a pretty decent place to bash on shitcoins, and some folks here could give less than two shits about the rest of the forum.
I admit that I do tend to explore other parts of the forum, and I do tend to bash on shitcoins in other parts of the forum too. Seems to me that any member cannot really get into trouble by bashing on shitcoins whether in this thread or other parts of the forum, and surely I don't tend to go to too many shitcoin threads, except a couple of the BSV / craig wright is a fraud threads, and it seems o.k. to bash on shitcoins in those BSV threads too, including bashing on both BSV and bashing on craig wright and scamsters like him or even drawing parrallels to other scammers, therein.
Anyhow, you come off as a bit exaggerating and butt hurt in your persistent assertions suggesting that the forum is fucked because it accepts shitcoins and the discussion of shitcoin (presumably you do not like the signature campaign aspect, either, which is somewhat fair, but part of what the forum allows to both make money for itself and for members.. I am not exactly sure about the forums revenue intake that might be generated from allowing signature campaigns, and I am presuming that some money might come into the forum's coffers from that allowance of various signature campaigns, but really conjecture on my part).
This forum is nothing but Indonesians posting for money and shitcoins promoters looking to fuck a few more fiat coins out of dumbasses.
There may be some truth that people from lower income countries might find way more benefit to spend time on the forum and attempt to earn money through their forum participation, yet I have not found that dynamic, to the extent it exists, to really hamper my ability to feel that I am getting value out of the forum. I don't make any money from my 6.5 years of forum participation (so far) - except I did have about two years that I did try out wearing some signatures between late 2015-ish and early 2018-ish. I might have earned 4 or more bitcoins during that time.. but I lost more than that through foolish acts too that involve sim port swaps.. and I kind of consider whatever bitcoin I earned through signature campaigns as a kind of wash because most of those coins were in wallets that ended up getting emptied... so I just kind of gave up on signature campaigns and concluded that I did not really want to be involved anymore, including wondering every month (or whatever was the pay period) whether I would be paid or if they were changing the terms of payment and a lot of petty bullshit like that..
This thread (only one thread on the entire forum) is the last bastion of true bitcoin supporters on this forum. I’m not saying there is a better one out there, although Goats forum was pretty good for a while.
I would be surprised if there are not quite a few other bitcoin maximalist circles. I mean I understand that people customize their twitter feeds, and I tend to hear a lot of bitcoin maximalism in a variety of podcasts, so again it seems to me that you are being overly jaded in regards to considering that so many people or even avenues of information are corrupted.
By the way, there are some podcasts that I listen to, and sure they are mostly bitcoin maximalists, but sometimes when they are entertaining some other coins or projects, I do get quite pissed off when I start to believe that either they are giving too much benefit of the doubt to some non-bitcoin related project, and I even start to feel that they are abusing my trust by going down that road... so surely, I agree that there needs to be a kind of proper state of mind when discussing shitcoins, and surely some people of decent integrity are involved in shitcoin projects, but if they are involved in a podcast, it seems to me that they need to be challenged, and if the host(s) are any way weak or receptive to getting pumped in some project, then the whole content of the discussion might devolve into some kind of shitcoin pumping fest or subtle propaganda.
Also Jay, I would love to exist for only bitcoin so if you could just convince my mortgage banker and grocery stores to start taking bitcoin I’ll be happy to do it.
Get the fuck out of here. I am not saying that. We can be pumped about bitcoin, but it would be dumbass to be 100% bitcoin, and i have already gotten into battles with other members about that approach, even though I understand that some folks genuinely do try to keep a vast majority of their value in bitcoin.. and it seems a bit much to me.
Anyhow, you seem to be avoiding part of your own issue which is likely that you are and you have been way the fuck too underinvested in bitcoin, and that is why you came out with some dumbass (and you better admit it) and lame proclamation that bitcoin needs to go to $1million-ish in order for you to feel that you can personally profit from it. Admit it.. that is a lame-ass statement, and you made it.. not me.
Every miner converts bitcoin to fiat because they need to pay the electric company and all of their bills.
So what. You are engaging in diversionary tactics. If you are earning money in bitcoin, whether mining or otherwise, you better fucking be selling some bitcoin on a regular basis because otherwise you are way too damned leveraged and imbalanced in that direction.
I am not exactly sure if the calculation for a miner (or someone earning value in bitcoin) would be much different from anyone else, yet the main thing would be that they are forced to sell on a regular basis.. but they still should be considering all the same things as people who earn money in fiat.. which is cashflow, investments in other assets, view of bitcoin as compared to other assets, risk tolerance, timeline, and time, skills and abilities to research, plan/trade and reallocate their assets and their strategies from time to time.
You believe I put too much value on fiat.
I don't know your details. I am just going based on some of your words from time to time. It's not like I don't like you, but you have come out with a quite a few outrageous statements through the years, even though your forum participation might have its irregular periods, too.
Sure, maybe I followed some of your actions a bit more than necessary, but I was not trying to stalk you, and even, for example, your creation of a merit give-away thread that seemed to focus on the dishing out of smerits to bitcoin maximalists.. that surely was a great thing to do and to announce that you were doing, from my perspective. I cannot really fault you for behaviors like that.
Well yeah Jay I put a little bit of value on eating, electric lights and having someplace to take a shit every day that doesn’t involve wiping my ass with a leaf. LOL
Exactly... #metoo.
Each of us has some amount of responsibility to make sure that our daily, weekly & monthly expenses are taken care of. I frequently have described some of my practices in figuring out that shit. When I was right out of highschool and leaving my home and having to cover my own expenses, I had learned to project my expenses for a few months in advance so that I could live within my means, make sure that I always invested and had an emergency fund, ect etc.. and as I continued to do that I got better at it, which evolved into a series of excel spreadsheets and really for me 6 months in advance evolved into 18 months in advance and more, and I realized that the more things that I had going on in terms of my assets, expenses, use of debt, and even business relations (and various uncertainties in certain kinds of cashflow), the better that it would be to plan in advance... but sometimes, if you plan too far in advance you might spend more time than needed, from time to time, making changes to the time line that is way less immediate... so there surely remains some value in figuring out more of the details in the coming 3 months to 6 months, and just having some general ideas about the times that are further out.. but better have your shit together for 3-6 months, because if you do not plan some of those income versus expenses in advance, you could end up in a preventable emergency... and suffering from more psychological and financial trauma than would have been necessary in terms of making sure your shit is together and projected out for several months at minimum.
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