Sorry to disappoint you guys but it's confirmed the planned green dildo event has been postponed for another week two years.
Well that's too bad finding out that we are going to have to wait two more years.
The party has been delayed, and truly a bummer.
Just think about it.... if BTC @ $200,000 is the day that you have decided is the day that you hit the eject button.... then maybe with careful planning you could reduce that number to $100,000........ (and it only gets more compelling the higher the number goes)
Funny that prior to March 2020, we used to talk about $1 million as a kind of entry-level fuck you status, and sort of presuming cost of living in the west.
We learn that there are so many places in the world in which ONLY a fraction of the previously considered entry-level fuck you status would be needed. I recall that mindrust said that he ONLY needed less than $500k, and said that he might even get fuck you status for even half of that amount (presuming something like $250k).
Surely the 10BTC that mindrust supposedly got to in around March 2020 would have been enough for getting close to such entry-level fuck you status... .. but surely we still have some potential faults in trying to use the BTC spot price to measure our level of wealth if we had gotten all the way up to $69k.. which would have been $690k - but who wants to cash out all of their BTC.. where you going to put it?
In March 2020, the 200-week moving average was ONLY around $5k, but now the 200-week moving average is about $22k, so even using the 200-week moving average we are getting 10 BTC to be valued at $220k... though maybe if that might be near your entry-level fuck you status, there would still be some likely nervousness to be cashing out very much BTC when the BTC spot price is so close to the 200-week moving average - which keeps reminding me that I would like to come up with some kind of formula that would help to establish how much BTC to be able to shave off that is somewhat dependent upon how close or far away the BTC spot price is away from the 200-week moving average.. so presumptively the closer to the 200-week moving average the lower the percentage of holdings can be shaved off per quarter, month or year... but yet the underlying theory of being able to shave off profits would be nearly perpetually sustainable so long as a HODLer (at presumably fuck you status) stays within the proximity to 200-week moving average shaving off limits.
Furthermore, I see no reason that a HODLer should really feel hindered by staying within such proximity to 200-week moving average shaving off limits, especially since likely patience and deferred gratification had gotten the HODLer to fuck you status in the first place with his/her BTC and also the longer that such HODLer stays in BTC and follows a kind of shaving off limit structure, then the more likely that s/he will get further and further into fuck you status - presumably multiples of the entry-level fuck you status the longer into BTC.. .and then the next question just becomes how long such HODLer is able to live or to figure out some potentially worthy beneficiary or cause for such funds upon passing.. ... which hopefully there will at least be some years of pleasure.. maybe a decade or more.. even though we have likely already heard of some bitcoiners who have passed with their coins.. unclear about if the coins were passed down and unclear about the extent to which such HODLers had been able to enjoy some amount of the BTC proceeds with some level of increased comforts.
By the way, my own above paragraph reminds me of an interaction that I had a few weeks ago with a no coiner and even old time friend of mine, and for sure, sometimes I can understand some of the frustration that some of my older time friends likely begin to feel with me because there is a certain amount of inevitable devolution into bitcoin as a topic the longer that we might spend time together, and maybe I cannot even help myself..
So in this particular conversation, we had been having dinner and some beers and shooting the shit for a while, and we devolved into bitcoin discussions, and at some point I mentioned that I keep bringing up this bitcoin topic and my friend just never does anything or take any kind of actions, and he seemed to get a bit frustrated with me. My friend is not poor in any kind of means, even though he kind of lives like he is poor but he has almost all of his real wealth in various kind of land.. not even bad land and a pretty good size chunk of it that he could cash out a pretty small portion and increase his life style quite a lot. The amount of income that he earns off of the land is o.k. and it has increased over the years - perhaps even greater than the cost of living (inflation).
Nonetheless, he told me that I have been spending all of these years talking with him about bitcoin and from his looking at me, he does not really believe that there are any ways that I have profited from bitcoin because I had not cashed them out and become rich with land.. and in that regard, he gets a sense that I have a lot of paper profits.. so there is a kind of lack of concreteness to profits when they are on paper only.
I asked him if he had even been paying attention in the last hours of our conversation or even previous conversations that I had with him. Yeah.. maybe the first few years - and even through 2017 I had not cashed out very many bitcoins at all because my philosophy before that time had been to mostly replace any BTC that I had sold.. especially between 2014 and 2016.
I reminded him that since he was a long time friend, pretty much he largely knew about the vast majority of my other non-bitcoin sources of income that would sustain me with a bit of luxury perhaps, but those sources of income were nothing really too extravagant. including that I had already had a luxury car that I likely would not have upgraded.. which had also recently happened.
I reminded him about a variety of other purchases that I had made in the last few years including my involvement in a couple of different projects in which I had financed them, a few trips that I had made that were quite costly....including the lodging and the kind of food that I was eating.
I asked him how my various non-bitcoin sources of income could have allowed me to make those kinds of purchases that I had been making in the past years, to go on those kinds of trips or even to eat in the kinds of restaurants that I had been eating. I said that I was not trying to show off, and my spending a quite a bit of money on those kinds of consumption goods and even investments that I had made would have been beyond my other non-bitcoin income sources.
I said that I felt bad to have to reiterate the matter, and that those extravagances were a result of selling bitcoin... even though largely I still have most of the bitcoin that I had already had through the years, and my wealth continued to go up - even though he is a good friend, I never disclosed how many bitcoins with any kind of specificity.. so sure there could be some excuses since we never really got into those kinds of specifics regarding quantity of bitcoin that I had.. even though I had shared with him some of the ways to show him with specific examples how buying bitcoin at one price ends up having concrete purchasing power results at later dates.. so his under-the-breath accusation that bitcoin ONLY creates paper profits is incorrect and largely a product of his continuing to presume that land is the only kind of way to store value...
And, hey bitcoiners come to realize that bitcoin is way more liquid and mobile than land, and even if you cannot necessarily see bitcoin - like you might be able to see a piece of gold or to see a 40 acre plot of land, concrete results can come from bitcoin, too... including changes in lifestyle.. that just happen to NOT be land.. even though I had bought some property during that same time too.. and I told him that I had bought that property with cash.. and where the fuck would I have gotten that kind of money, if it were not for bitcoin?
for reason of market evaluation I was trying to find out when mEth is going pos.
I couldn't find anything definite, so I went on their site... I had a good laugh
, it looks exactly like these fucking rug pull shitcoin sites...
Of course nothing about any time line, just a lot of empty promises and infantile nonsense..
(And no, I'm not posting a link to that shit into the WO)
Heh heh.... its coming sooner than people think
I thought that it was coming in 2016...
So there is that.
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