JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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February 21, 2022, 07:05:53 PM |
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On another note, equal respect given, JayJuanGee, tech or no tech! It is amazing how we have both taken different paths, but ended up with similar outcomes and conclusions!
For sure, I can appreciate the wanting to dabble, technical geek nerdiness, getting your hands on the nitty gritty underlying and just the various exploring aspects of your approach. I have some of that history in me too - yet for me personally, by the time I got into bitcoin, I was really aiming at becoming more mobile which also including shedding some business ventures that I was then in - so even though I did not completely achieve my goals of getting rid of as many material/property possessions that I have (because I still own a bit more of those items than I had initially targeted), acquiring more computing equipment would have run contrary to the direction that I was then aiming - in 2013/2014 and several years thereafter - which also swayed some of my cost/benefit calculations.. I do believe that several aspects of the running of nodes and knowing about node options can be pretty valuable to a lot of bitcoiners.. Any of us can suffer difficulties in choosing how much of our cashflow that we dedicate to hobbies, businesses, and sometimes something that had been fun becomes way too much work in terms of both causing us to be spending our time and our money in ways that we might end up figuring out is not working to our favor.. which was one of the ways that my own personal business ended up playing out, and then once we recognize the sound money angle of bitcoin, then we still have some balancing considerations regarding our living expenses, our business expenses (and maybe even entertainment) and how to calculate how much we are keeping in bitcoin.. and I recall that in some earlier post that you had mentioned that you had monitored the level of bitcoin that you were stacking away and holding aside. I had mentioned before that in early 2015, I had several unexpected business expenses that were putting demands on my business.. and I spent some time negotiating and renegotiating the payment timeline of several of those debts - and the BTC that I had accumulated up to that point constituted a pretty decently-size emergency fund, but if you recall bitcoin's price performance in early 2015 had put my own BTC portfolio largely between about 36% and 40% of the amount that I had invested. So even though several folks were strongly suggesting that it was not good for me to be keeping that value in bitcoin, I should be dipping into some of that money during my cashflow stressed times.. and even though there were around 4 months that I was not able to buy much if any bitcoin, I did not sell any either.. and then slowly I trickled back into accumulating small amounts of bitcoin.. after the worst of my crisis was over.. so I had my cashflow trajectored out and so if I had any extra cashflow come in.. even $20, I would spend half of that to buy bitcoin and put the other half into my business cashflow... it worked out for me for the whole of 2015 because I was still able to buy some bitcoin during that time.. even though I was completely in a kind of cashflow crisis situation for a few months... So part of my point is that there can be difficult times in terms of recognizing which assets might have ongoing potential for appreciation and also making sure that you are not spending from any assets that are not in profits.. and sometimes easier said than done when various cashflow sources might dry up and/or some expenses suddenly become higher than anticipated. oh and tons of tear gas and rubber bullets. good memories.
I remember when they did this outside the white house just so Trump could take a stroll down the road and hold up a bible outside a church, good memories indeed Keep playing the "my side good, your side bad" game to the very end if you want the plan that is unfolding to work. The polarization of every kind of group has been building for decades, and it too is part of the plan to destroy the west. I agree with cAPSLOCK, there are only two camps in this situation; the corrupted in power and those who aren't, every other "insert what you hate the most moniker here" is a distraction which will weaken us. The "divide and conquer" tactic never seems to get old because people fall for it every time. How about we set our petty differences aside and deal with the corrupted in power first, then we can go back to disagreeing about details? I think the hard part will be waking up those who are sleeping through this, either addicted to substances or smartphones which constantly tracks their location and activity. As others recently pointed out, maybe the whole Ukraine war situation is a devious plan to eventually make us agree to more shit which will limit our freedoms? Here's my attempt to stay on topic (WO). With the recent news (discussed in latest Joe Rogan episode #1780) about western governments introducing "programmable digital currency" replacing fiat which combines China's "social credit" system with a currency which can prevent you from buying stuff based on government incentives (eg. this is unhealthy for you), and easily blocked when you don't obey authority. This is the most bullish news I've heard for Bitcoin in a long time, if we don't get massive adoption after people wrap their head around this I don't know what will (that distant 100k USD wall feels a lot closer now). It seems to me that there is a cyberwar angle that the USGovt and some of the powers that be want to play too. I am not sure how it is going to play out, but even if they cannot get the Ukraine matter to start to provide some excuses and games and distractions.. the cyber attacks angle can be played quite a bit, too.. to take away more freedoms and blame it on the ruskies...
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BobLawblaw
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Activity: 1862
Merit: 5677
Neighborhood Shenanigans Dispenser
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February 21, 2022, 07:41:39 PM |
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You better!!! You ended up with almost 0.15 of my BTC!
The liquidity is still there; it just disappears when you look at it. 🧐🍷 🥃🥃🥃I don't make the rules.
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cAPSLOCK
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Maybe the Mars is the future!
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February 21, 2022, 07:44:07 PM |
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It seems to me that there is a cyberwar angle that the USGovt and some of the powers that be want to play too. I am not sure how it is going to play out, but even if they cannot get the Ukraine matter to start to provide some excuses and games and distractions.. the cyber attacks angle can be played quite a bit, too.. to take away more freedoms and blame it on the ruskies...
I have to admit I feel like the entire Ukraine event could be a slight of hand sort of "Look over here!! And pay no attention to the invasion of the country to your northern border by troops and police with their badges and insignia covered! Really... that's just because of the evil truckers... oh and by the way we are going to make the emergency act permanent." The Ukraine issue is extremely important, for sure. But what is happening in Canada is at LEAST a DEFCON 3 level event as far as US national security goes. The country to our north is undergoing a Communist revolution. Unfortunately we may soon be dealing with both of these at the same time... throw in action in Taiwan, and well... the fuse is more than lit. You know... I brought up the living generations in a previous post. But there is one who is frighteningly absent now. The generation that would see this for exactly what it is, and where it leads, because they would see history repeating itself. Sadly these men and women are (nearly?) entirely dead. And probably a lot are rolling over in their graves. I am, needless to say, worried. A lot.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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February 21, 2022, 07:53:49 PM |
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I don’t think Russia are going to invade Ukraine. I think the US wants a war to happen & there are multiple reasons for that, mostly all to save their struggling economy & to justify reckless money printing & inflation. All I know is that long term BTC HODLER = not affected.
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BobLawblaw
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Neighborhood Shenanigans Dispenser
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February 21, 2022, 07:59:23 PM Merited by LFC_Bitcoin (1) |
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I don’t think Russia are going to invade Ukraine.
To my understanding, Russia will not be invading Ukraine, because they would not be able to survive the trade sanctions levied against them, as a result.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 21, 2022, 08:01:21 PM |
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cAPSLOCK
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Maybe the Mars is the future!
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February 21, 2022, 08:05:47 PM Merited by LFC_Bitcoin (1) |
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I don’t think Russia are going to invade Ukraine. I think the US wants a war to happen & there are multiple reasons for that, mostly all to save their struggling economy & to justify reckless money printing & inflation. All I know is that long term BTC HODLER = not affected.
Just want to nitpick here. "The US" does NOT want this. The current administration, yes, but there is a majority of us, for sure, who do NOT want this. But I get what you are saying. On a brighter note... THIS. This is eventually cause a cascade, a virtuous cycle to kick off. Will it be this time? Maybe! I'd give a 20% chance. But it will eventually.
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becoin
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February 21, 2022, 08:12:57 PM |
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I don’t think Russia are going to invade Ukraine.
To my understanding, Russia will not be invading Ukraine, because they would not be able to survive the trade sanctions levied against them, as a result. They have immunity to all trade sanctions. Russia doesn't want to feed 40 million people of a bankrupted country like Ukraine. Let Anglo-Americans and their EU satellites feed them. Russia will just wait till West Ponzi collapses in full.
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Hueristic
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Doomed to see the future and unable to prevent it
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February 21, 2022, 08:36:20 PM Merited by BobLawblaw (10) |
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I don’t think Russia are going to invade Ukraine.
To my understanding, Russia will not be invading Ukraine, because they would not be able to survive the trade sanctions levied against them, as a result. They have immunity to all trade sanctions. Russia doesn't want to feed 40 million people of a bankrupted country like Ukraine. Let Anglo-Americans and their EU satellites feed them. Russia will just wait till West Ponzi collapses in full. Holodomor FamineFrom famine to extermination Between 1931 and 1934 at least 5 million people perished of hunger all across the U.S.S.R. Among them, according to a study conducted by a team of Ukrainian demographers, were at least 3.9 million Ukrainians. https://en.wikipedia.org/wiki/Holodomor
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modrobert
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-"When the going gets weird, the weird turn pro."
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February 21, 2022, 08:42:17 PM Last edit: February 22, 2022, 08:25:10 AM by modrobert |
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I don’t think Russia are going to invade Ukraine.
To my understanding, Russia will not be invading Ukraine, because they would not be able to survive the trade sanctions levied against them, as a result. Putin holds meeting with Security Councilhttps://www.youtube.com/watch?v=gJIowCeNPdsI just finished watching this on RT (it was live a few hours ago), brief summary: One minister mentions the Minsk Protocol has failed for 8 years straight. Lavrov talks about the failed recent negotiations with NATO countries who ignores the Russian proposal, they all repeat the same talking points as USA about Ukraine having the right to be a NATO member, effectively ignoring all other points in the proposal. The Russian ministers all agree to recognize Luhansk and Donetsk as Russian territory and defend the people living there as Russian citizens from the attacking forces. The Duma also agreed to recognize Luhansk and Donetsk with majority of votes. Two ministers wanted to give Blinken (and Biden) one more chance to negotiate in a few days and then move in if nothing is decided during that meeting, the rest of the assembly think it's tactics to stall further while the regions are under attack. The ministers are aware of the sanctions but have endured those in the past, protecting the Russian population in Ukraine (roughly 4 million total) is more important. Putin closes the meeting by saying he will take their arguments into consideration to make a decision. I recommend watching the whole thing if you can bare the poor translation (dub).
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 21, 2022, 09:01:26 PM |
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becoin
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February 21, 2022, 09:06:02 PM |
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I don’t think Russia are going to invade Ukraine.
To my understanding, Russia will not be invading Ukraine, because they would not be able to survive the trade sanctions levied against them, as a result. They have immunity to all trade sanctions. Russia doesn't want to feed 40 million people of a bankrupted country like Ukraine. Let Anglo-Americans and their EU satellites feed them. Russia will just wait till West Ponzi collapses in full. Holodomor FamineThe Famine (aka Great Depression) was all over the world at that time, fucktard!
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Hueristic
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Doomed to see the future and unable to prevent it
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February 21, 2022, 09:23:28 PM |
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I don’t think Russia are going to invade Ukraine.
To my understanding, Russia will not be invading Ukraine, because they would not be able to survive the trade sanctions levied against them, as a result. They have immunity to all trade sanctions. Russia doesn't want to feed 40 million people of a bankrupted country like Ukraine. Let Anglo-Americans and their EU satellites feed them. Russia will just wait till West Ponzi collapses in full. Holodomor FamineThe Famine (aka Great Depression) was all over the world at that time, fucktard! Try another lie, commie. Putin recognises Ukraine rebel regions, drawing Western vows of sanctions https://www.reuters.com/markets/europe/kremlin-says-no-concrete-plans-summit-with-biden-over-ukraine-2022-02-21/
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 21, 2022, 10:01:21 PM |
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serveria.com
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Privacy Servers. Since 2009.
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February 21, 2022, 10:39:22 PM |
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Is UKR/RUS the cause of another dump? P.S. I'm a bit worried about the market cap. BTC lost >$100m in the last few days. Where is that money flowing to?
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suchmoon
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https://bpip.org
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February 21, 2022, 10:41:06 PM |
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Is UKR/RUS the cause of another dump?
Yeah but you can't talk about it here.
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BitcoinBunny
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Far, Far, Far Right Thug
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February 21, 2022, 10:49:17 PM |
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Enough with the dumping ffs.
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fr4nkthetank
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Now the money is free, and so the people will be
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February 21, 2022, 10:49:40 PM |
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Russia has 600+ billion dollars in central bank reserves. Sanction them all you want, they are isolated for a very long time. Plus they export gas and oil among other things. So they take control piece by piece, one region, and another. Biden can't do shit, Ukraine can't do shit. those troops and anti-air batteries are insurance against any intervention by any other party. next up, china and taiwan Chinese Taipei ? see : https://olympics.com/ioc/chinese-taipeiSo bitcoin is down, but how much more down until it clicks that what you need is actually bitcoin in these times ?
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xhomerx10
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February 21, 2022, 10:58:08 PM |
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Is UKR/RUS the cause of another dump? P.S. I'm a bit worried about the market cap. BTC lost >$100m in the last few days. Where is that money flowing to? The money doesn't flow in or out as indicated by the market cap differential. That $100 million was only a valuation not an actual holding.
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