marcus_of_augustus
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Eadem mutata resurgo
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September 30, 2021, 01:29:48 AM |
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I will admit that I have run across a decent number of status quo rich folks who seem to believe that everything is going to just work itself out with their financial investments, including their properties and equities, and they do not even seem to be too worried about prices going up.. at least in their desires to defend the level of their richie status; however, even on probing I have some difficulties understanding how they can even feel secure with their traditional investments without some kind of hedge.. and they seem to believe that properties and just having a lot of money is enough of a hedge.. so things have worked out the past 10-20 years, so seems pretty much that it is going to continue to work out.. especially if they might only have another 10-20 years to live and maybe 35 years if they are extremely lucky... but in any event they feel that they have enough financial/psychological preparations for any scenario... and they do not need bitcoin as a hedge... as if I am trying to sell them bitcoin even though I am strongly suggesting to consider some hedging with bitcoin... but no, no, no.... and so there can sometimes be what seems to be false senses of security in traditional financial circles.. at least some of the seemingly stubborn-ass guys that I have run across.. in my real life social circles.
Seems to me that we bitcoin holders have a lot to be thankful for in terms of our bet having had paid off, we are not losing our conviction, so our bet is still likely to continue to pay off, even if some aspects of the upside might have come down to ONLY 1,000x more rather than 10,000x or some other ridiculous amounts.... but I surely am not feeling either fooled or fucked by either my past bitcoin involvement or where I anticipate king daddy to be going in the coming years, whether 4-10 years or even longer periods, if I happen to still be alive and able to enjoy where it has come, besides just being able to mutter I told you so through my talking box.
... JJG does throw up some gems from time to time ... the level of rekt that is coming for the average wealthy-middle upper-middle classes of the West is going to be epic, like never seen in history, and they all seem oblivious, or wantonly ignorant more likely ... capitulating to the stupid fucking governments and sundry idiots in charge on "terrorism", intelligence surveillance, foreign wars, police state overreach, monetary management, public health, funding bioweapon mischief, financial system oversight, "health and safety", supply-chain mismanagement, pensions, "manmade" climate change hoax, social media influencing by black OPs and the avalanche of rules, regulations, policies, departments, bureaucracies will be their nemesis ... you can't have that much fucked up in society by unaccountable governments and expect everything "to just turn out OK", history is littered with detritus of nations fucked up by governments, the West is not special .... in fact the thing that made the West special has been sold for "safety" theatre and dereliction of personal responsibility and critical thinking ... anyway enough rant, the bust will be epic, economies are grinding to a halt around the world and no-one has a fucking clue what comes next, you can't print electronic money to paper over what a fucking disaster the banksters have created by raping financial and commodity markets and interfering in the economy of real world output for at least the last 2 decades ... plant a garden, make sure you secure access to local food supplies, good luck.
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ChartBuddy
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September 30, 2021, 02:01:28 AM |
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nanobtc
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September 30, 2021, 02:11:45 AM |
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Anyone know anything about prenuptial agreements as they would relate to cryptocurrency?
Hypothetically..
No experience with crypto pre-nup but I have seen several terrible marriages. They started as Love Boat, but ended as Das Boot. Ideally we are (hopefully) desperately in love with the significant other, till death do us part, etc. The very existence of a pre-nup means we know that it doesn't always happen like that. Not your pvt key, not your coins. If you leave them on any exchange, all it takes is knowing the password. If you keep the pvt keys hidden, you have to trust your balance of securing them and making them available. An actual pre-nup could be tricky (never had nor been involved with one) because BTC is potentially a greatly increasing asset. "OK, you get to keep your grandma's silverware, your dad's boat, and your weird uncle's gold bars, and I will keep the 49 BTC. That sounds about right, don't you think?" ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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ChartBuddy
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September 30, 2021, 03:01:35 AM |
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heslo
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September 30, 2021, 03:12:19 AM |
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Sad day…. Lost one of my very best friends today, a dog and it’s unconditional love.
A day where I really learn what pain is.
Oh man, I feel for you, so sorry to hear. Nearly lost one of mine last year needing to put him down due to a spinal injury. Luckily I could afford the surgery and he made a full recovery but I couldn't even come to terms with the thought of losing one of my two. Chin up mate ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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ChartBuddy
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September 30, 2021, 04:01:26 AM |
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ChartBuddy
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September 30, 2021, 05:01:27 AM |
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OutOfMemory
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Man who stares at charts (and stars, too...)
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September 30, 2021, 05:29:26 AM |
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Part of me is fucking concerned if I’m honest.
My gut is telling me S2F falls apart soon. In shambles and an afterthought by March 2022. Hope I'm wrong, but I think we should expect a slower rise than some are anticipating. seconded. But by all means, i don't follow the "fool of the bulls" argument from Torque. Bulls know how capitulation looks like, wait for it then and get in (around the infamous "mindrust point"). However, i'd need a new car within the next two years, solar power my home and pay off approx. $12k to the government to free myself from a payback plan from the government. Only the latter is really important, because otherwise i'd have to pay it off for the next 15 years for about double as much (mainly interest). I can easily hodl the majority of my/the family stash for one or two decades. Y'all remember that get-rich-quick-vs.-not-get poor-slowly quote, right?
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OgNasty
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Leading Crypto Sports Betting & Casino Platform
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September 30, 2021, 05:42:55 AM |
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The make or break moment is nearly upon us. If the next 40 days doesn’t produce the beginnings of a major bubble, it will start to discourage those of us who have been watching the stock to flow ratio for a couple cycles now.
Luckily it seems there’s news of an approved ETH incoming that seems to be legitimate…
that's a funny typo..what's on your mind? lol that said, i am not worried...yet, but it seems that NOBODY predicted this cycle..as it should be...contrary to Willy Woo's assertion, bitcoin is not really "mechanical". I think I’ve been typing about NFTs too much. My phone is getting a little auto-correct happy on the Ethereum references. Between that and always changing my ‘wouldn’t’ to ‘would’ I think my phone is out to sabotage me. Indeed I meant ETF, as it seems like Coinbase tipped off the market with their now deleted tweet.
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ChartBuddy
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September 30, 2021, 06:01:36 AM |
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PoolMinor
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XXXVII Fnord is toast without bread
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vroom
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a Cray can run an endless loop in under 4 hours
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September 30, 2021, 06:34:59 AM |
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El duderino_
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BTC + Crossfit, living life.
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September 30, 2021, 06:42:22 AM |
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serveria.com
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Privacy Servers. Since 2009.
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September 30, 2021, 06:50:39 AM |
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Anybody like to share their thoughts on the current market, price action?
It looks weak AF to me. I mean, I think everything is OK & we should rally in Q4 but we really need to start moving up soon. Part of me is fucking concerned if I’m honest.
It's always darkest before the dawn. September hasn't been particularly great for BTC since the beginning. Our targets for Q4: October = new ATH (over $60k) November = up to around $100-120k December = blowoff top anywhere between $200-450k So stop whining and get ready to get your face melted by this epic rally... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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El duderino_
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BTC + Crossfit, living life.
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September 30, 2021, 06:51:21 AM |
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The make or break moment is nearly upon us. If the next 40 days doesn’t produce the beginnings of a major bubble, it will start to discourage those of us who have been watching the stock to flow ratio for a couple cycles now.
Luckily it seems there’s news of an approved ETH incoming that seems to be legitimate…
Every person with some intelligence should now that the model could be invalid at some point…. It’s nice to follow and we all hope it stays accurate, but there can’t be exact price prediction in BTC… S2F is a very good and interesting model with a lot of logic, but I don’t really believe in the that month = price X, next month = price y etc etc If BTC proves us one thing then it’s that it’s unpredictable price wise I just hope not to many people pinning there selves on price predictions in near future… Please PlanB stay on point, S2F is all I got, my full hope is on that model.
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ChartBuddy
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September 30, 2021, 07:01:26 AM |
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serveria.com
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September 30, 2021, 07:02:30 AM Merited by JayJuanGee (1) |
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But I can't say stuff like that here, because:
Please don’t do that. We need critical thinkers more than anything at this time. Even if all hell breaks loose. I've lived through the past bull runs of 2013 and 2017, and TBH, even having the experience of 2013 behind me, the bull run of 2017 still disappointed me. Because at that time, I believed way to hard that "this time is different". But it wasn't any different. In both 2013 and 2017 cases there was a blow off top, and a bounce to a lower level top, and then finally months later, a high-volume capitulation. So what do I see when I look at the current 2021 chart? A blow off top, and a bounce that we are currently in, that looks like a lower top forming. I still don't see a high-volume capitulation yet. Will a capitulation happen this time, or will we just blow past that? I don't really know, I can't say. But something inside tells me it's possible that this time is no different than any of the others. This market just loves to make "fools of the bulls" almost every fkn time. Just my 2c. I will hodl no matter what happens. Where do you see that blowoff top? That teeny tiny lil bump doesn't look like exponential growth to me... ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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El duderino_
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BTC + Crossfit, living life.
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El duderino_
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BTC + Crossfit, living life.
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September 30, 2021, 07:30:05 AM |
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Cryptotourist
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September 30, 2021, 08:01:03 AM |
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Hope I'm wrong, but I think we should expect a slower rise than some are anticipating.
Tell that to this lying son of a bitch: December = blowoff top anywhere between $200-450k
Anything above $288k is just not realistic, cause it breaks the S2F from the upper side. Get a grip. Ease the cocaine.
Hashrate looks pretty damned good to me.
It’s around the levels of November 2020, and it’s the reason of my concern ($10k>$60k vs $40k>?), you previously skipped so nicely. Bitcoin is doing its thing in regard to ongoing difficulty adjustments and the creation of incentives that seems quite amazing in the whole scheme of things.
True dat. In a sense, this is the BTC Hashrate Observer. If there is something specific that bothers you, then please let us know, rather than being mysterious about what appears to be fantastical, rather than real, attempts at FUD spreading assertions.
I’m balls deep in BTC, and I’m spreading “FUD”, because you don’t agree? Whatever you say Jay.
Please PlanB stay on point, S2F is all I got, my full hope is on that model.
It is, and it will, the rest is just noise.
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