|
|
|
|
|
|
You can see the statistics of your reports to moderators on the "Report to moderator" pages.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
August 28, 2021, 04:01:26 AM |
|
|
|
|
|
JayJuanGee
Legendary
Offline
Activity: 3696
Merit: 10142
Self-Custody is a right. Say no to"Non-custodial"
|
|
August 28, 2021, 04:10:16 AM |
|
Swapped all my AXS profit to BTC. Bought at $3, sold at $70. Let's go boys.
I don't see how that is a topic for this thread. In essence you are saying... let's get involved in shitcoins in order to make more BTC, and I am going to tell you how I did it// blah blah blah.... You did not even say anything negative about that shitcoin.. so how could your post be relevant, herein? pencil 2026 as a good time to retire, eh? No. You need $10 million per coin. Don't you even remember your own previously expressed expectations, unless you decide to increase you BTC stash by 10.. which might not be easy, right? U must not know nuttin.
|
|
|
|
Biodom
Legendary
Offline
Activity: 3738
Merit: 3843
|
|
August 28, 2021, 04:51:41 AM |
|
^^^ (when I login, I don't see this..whatever this is)
It is funny how you always make these conjectures without actually knowing anything about me. Contrary to you, who at various times said that you own 0.63 btc and and other times said that you are "rich as f-k", I maintain my bitcoin account details private. ad astra per aspera
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
August 28, 2021, 05:01:26 AM |
|
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2348
Eadem mutata resurgo
|
|
August 28, 2021, 05:18:28 AM Last edit: August 28, 2021, 05:33:02 AM by marcus_of_augustus Merited by JayJuanGee (3), Biodom (2), vapourminer (1), Syke (1), cAPSLOCK (1), Dabs (1), Wekkel (1), bitebits (1), Toxic2040 (1), Heater (1), Farmer Bill (1) |
|
... I will say this only once Anybody who has followed my meanderings over the years might know my broad-brush fair-value target for BTC-USD since my first discovering it was around $300K ... that was a v. simplistic calculation that bitcoin's addressable market, if it maintained it's exponential network growth and developed to it's potential in the foreseeable future at that time, which I estimated as being at least 10% of the gold market (in early 2011) valued at ~$6 trillion divided by ~18 million btc in future circulation. Caveat being at that time that future US$ inflation and widespread development/adoption could expand the addressable market for btc well beyond capturing 10% of gold's capital value and increase the US$ price target. Well now 10 years later, I think with all the evidence now surrounding us in 2021 it is time to update my minimum fair-value assessment for bitcoin. The caveat will be exercised and I can say that bitcoin is making great progress towards developing to it's potential, on the network nodes and resiliency, mining roll-out, core client software and higher layer solutions (lightning, Liquid, 3rd party payment channels, client-server payment set-ups, minimum trust custody, etc). Next month bitcoin is going to see it's first national roll-out in El Salvador as a legal tender component for the monetary system of that country. Bitcoin ATM's number in the thousands across the globe. Many people on the street know what you are talking about when the word is mentioned. The largest exchange/provider Coinbase has 60 million clients, has a market cap of $100 billion on IPO and there are many other exchanges/providers besides. Many countries allow bitcoin ETF proxy trading. Major financial institutions are competing to gear-up for providing bitcoin access for their HNWI. There are futures markets offering options and futures derivatives for bitcoin trading on the CME, NYSE-BAKKT and ICE. Listed companies MSTR TSLA are the first to begin accounting for bitcoin in their treasury reserves. All these elements build a picture that bitcoin adoption has now grown to the point that it has created an addressable market substantially in excess of a minor portion of the gold market. As bitcoin continues to grow, develop and build out infrastructure, and demonstrate perseverance as a hard money competing in the market of monetary goods, the size of that addressable market keeps growing. At a minimum, the US$ inflation rate alone has put the gold market cap almost 50% higher than 2011, now ~$9 trillion. Other measures of global wealth to use as a proportionate estimate for addressable market for bitcoin include, but not limited to, global fiat M0 ~ $80 trillion (and rising), stocks ~$120 trillion, bonds ~$160 trillion, real estate ~$400 trillion. My back of the envelope calculation now puts bitcoin addressable market fair-value target market capitalisation at around $20 trillion (~$1million/btc), in 2021 US$, on the current growth trajectory. After 10 years, I still wouldn't want to be in any other asset until we get near that fair-market value objective, and I'll again caveat that with assessing bitcoin's current status when we get near that target.
|
|
|
|
ImThour
Copper Member
Legendary
Offline
Activity: 1400
Merit: 1512
Bitcoin Bottom was at $15.4k
|
|
August 28, 2021, 05:21:02 AM |
|
Swapped all my AXS profit to BTC. Bought at $3, sold at $70. Let's go boys.
I don't see how that is a topic for this thread. In essence you are saying... let's get involved in shitcoins in order to make more BTC, and I am going to tell you how I did it// blah blah blah.... You did not even say anything negative about that shitcoin.. so how could your post be relevant, herein? No need to take it in a negative way, just stated that I bought more BTC. Not sure how that harms anyone in this discussion. Cheers.
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2348
Eadem mutata resurgo
|
|
August 28, 2021, 05:23:33 AM Merited by JayJuanGee (1) |
|
https://bitcoinmagazine.com/culture/1-million-bitcoin-price-billionaireHowever for Balaji it appears that there is another, perhaps more fascinating flippening that will come soon - the flippening of billionaires. He says that when bitcoin hits milestones like $100,000, there will be as many bitcoin billionaires as there are traditional billionaires. When bitcoin hits one million dollars, the world’s bitcoin and crypto billionaires will surpass the number of traditional billionaires.
|
|
|
|
Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
|
|
August 28, 2021, 05:37:00 AM |
|
Indeed! Legacy billionaires, move over
|
|
|
|
Biodom
Legendary
Offline
Activity: 3738
Merit: 3843
|
|
August 28, 2021, 05:40:31 AM Merited by JayJuanGee (1) |
|
https://bitcoinmagazine.com/culture/1-million-bitcoin-price-billionaireHowever for Balaji it appears that there is another, perhaps more fascinating flippening that will come soon - the flippening of billionaires. He says that when bitcoin hits milestones like $100,000, there will be as many bitcoin billionaires as there are traditional billionaires. When bitcoin hits one million dollars, the world’s bitcoin and crypto billionaires will surpass the number of traditional billionaires. interesting...I did similar analysis, but for the number of millionaires, posted it a while ago, maybe even here. The gist was a bit different...as btc price increases in $, even at $1mil/btc there still will be only 2.5mil owners of ~1btc (the data is from here: https://medium.com/@BambouClub/are-you-in-the-bitcoin-1-a-new-model-of-the-distribution-of-bitcoin-wealth-6adb0d4a6a95). With total number or millionares being about 50mil, 2.5mil is ONLY a 5% increase. Bitcoin has to get to ~$5-10 mil to significantly affect total millionaire numbers. But with billionares, it is a different story: with btc at 2.5mil, half of Earth billionares would be "from btc" (a slightly diff numbers from B., but account numbers could have changed since 2017 with whales accumulating even more).
|
|
|
|
cAPSLOCK
Legendary
Offline
Activity: 3738
Merit: 5127
Whimsical Pants
|
Yeah I grabbed it today. Lol $13 shipping. Blockstream might be good at a lot of things.. but they need to learn that one. That is NOT how to do it. Make the hardware $49 and charge nothing for shipping.. would feel great. Give a 10% discount on USDT orders making a wallet cost like 36, and then add $13 shipping? Feel poked. This is a really unique h/w wallet. Camera for aigapped signing. Multisig default setups. Bitcoin only. But also L-BTC and that whole ecosystem. Specter support. USBC. I will review it after I use it... and I suppose I have a problem since I own a ledger, a trezor, a cold card and a keep key. I SWEAR THIS IS THE LAST ONE! And the keep key was $10. What a deal.. that's an underrated gizmo. Basically a trezor but a bigger UI.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
August 28, 2021, 06:01:34 AM |
|
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
August 28, 2021, 07:01:25 AM |
|
|
|
|
|
bitebits
Legendary
Offline
Activity: 2211
Merit: 3178
Flippin' burgers since 1163.
|
|
August 28, 2021, 07:48:20 AM Merited by JayJuanGee (1) |
|
https://medium.com/blockstream-markets-weekly/blockstream-markets-weekly-aug-27-2021- Blockstream raises $210M and acquires hardware maker Spondoolies (as the first step in the establishment of Blockstream’s new ASIC division) - BTC held by funds/corporates ticks higher as MST buys another $177M worth of BTC - Morgan Stanley funds expand GBTC positions - futures-backed ETF may be just weeks away - and Cuba looks to follow El Salvador’s lead on Bitcoin
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
August 28, 2021, 08:01:25 AM |
|
|
|
|
|
fillippone
Legendary
Offline
Activity: 2142
Merit: 15375
Fully fledged Merit Cycler - Golden Feather 22-23
|
|
August 28, 2021, 08:12:12 AM Last edit: May 15, 2023, 11:14:55 PM by fillippone |
|
https://medium.com/blockstream-markets-weekly/blockstream-markets-weekly-aug-27-2021- Blockstream raises $210M and acquires hardware maker Spondoolies (as the first step in the establishment of Blockstream’s new ASIC division) - BTC held by funds/corporates ticks higher as MST buys another $177M worth of BTC - Morgan Stanley funds expand GBTC positions - futures-backed ETF may be just weeks away - and Cuba looks to follow El Salvador’s lead on Bitcoin Speaking of Blockstream: I fully agree with that tweet. Not that I hate them, but they are not a good company as an investment. On the other hand, you don't make a magic internet coin worth 1 Trln Dollar just hodling the coins.
|
|
|
|
Karartma1
Legendary
Offline
Activity: 2310
Merit: 1422
|
Not my best company out there but they did some good work around the yellow friend. Those kind of tweets aren't to be taken literally since if they wouldn't have done any work that could have become true. Like laszlo's pizza buyer: if he'd have known the value of bitcoin today he should have kept its treasure.
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
August 28, 2021, 09:01:34 AM |
|
|
|
|
|
ChartBuddy
Legendary
Offline
Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
August 28, 2021, 10:01:25 AM |
|
|
|
|
|
Lucius
Legendary
Offline
Activity: 3220
Merit: 5623
Blackjack.fun-Free Raffle-Join&Win $50🎲
|
|
August 28, 2021, 10:30:26 AM |
|
Like laszlo's pizza buyer: if he'd have known the value of bitcoin today he should have kept its treasure.
But then he would never become a part of Bitcoin history, like many others who then promoted BTC, each in his own way. We can say the same for Gavin who once shared 5 BTC per claim on his faucet, and for many others who spent tens of thousands of BTC in ways that seem completely unreasonable to us today. Yet in the context of the time in which this was happening it should always be noted that at that time anyone with a personal computer could mine BTC, and the reward was as much as 50 BTC per block. Spending 10k BTC was a pretty trivial thing, especially if you have a few tens of thousands in your crypto wallet.
|
|
|
|
|