Stormbreaker01
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July 27, 2023, 04:57:04 PM |
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A general calculation of assets and BTC Total global assets ~ $900T Roughly ~ 15M available BTC If Bitcoin’s market cap acquires 1% of global assets, we have a $9 Trillion asset class. $9T / 15M = $600,000 BTC What are your thoughts on this
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ChartBuddy
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July 27, 2023, 05:04:53 PM |
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ExplanationChartbuddy thanks talkimg.com
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philipma1957
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'The right to privacy matters'
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July 27, 2023, 05:11:16 PM |
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A general calculation of assets and BTC Total global assets ~ $900T Roughly ~ 15M available BTC If Bitcoin’s market cap acquires 1% of global assets, we have a $9 Trillion asset class. $9T / 15M = $600,000 BTC What are your thoughts on this Where and how did you find the global assets are 900 trillion? why do you think 15 million BTC are available? https://www.blockchain-council.org/cryptocurrency/how-many-bitcoins-are-left/19 million are mined no matter what anyone says all 19 million are 'possibly' available. Ie all 'lost coins' could simply be recovered and reissued by developers. so use 19 million not 15 million as for assets here is an estimate for 520 trillion not 900 trillion. https://finance.yahoo.com/news/25-wealthiest-countries-world-assets-121841637"This study estimates that as of November 2021, the global 'balance sheet,' which comprises of the real assets in the economy as well as financial assets, had $510 trillion in financial assets held by corporations, $510 trillion in assets held by households, governments, and others, and $520 trillion in assets for the real economy." So 1 percent = 5.2 trillion/ 19million = 273,684 USD a coin vs 600,000 USD a coin my ideas on 273k to 600k are: in 2025 138k in 2029 276k in 2033 552k
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Biodom
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Activity: 3906
Merit: 4379
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July 27, 2023, 05:16:35 PM |
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A general calculation of assets and BTC Total global assets ~ $900T Roughly ~ 15M available BTC If Bitcoin’s market cap acquires 1% of global assets, we have a $9 Trillion asset class. $9T / 15M = $600,000 BTC What are your thoughts on this <snip> my ideas on 273k to 600k are: in 2025 138k in 2029 276k in 2033 552k Very much aligned with the lower range of my thinking for 2025, but I don't expect the other two would be so linear, necessarily. The curve could bend upwards, at least initially, then maybe slow down.
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Greyhats
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July 27, 2023, 05:21:04 PM Merited by JayJuanGee (1) |
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Not posted in a while just trucking away with dca and stacking. Was out in the world enjoying life and started to notice Btc in general life, from billboards, graffiti, bitcoin atms etc. I’m not sure if it was always there or not but what do we think about this type of engagement with Joe Public. I wonder has anyone found their way here from something like seeing a btc atm in their local area.
I’m having some serious internal debates on whether to over allocate into Btc this year, I had set some targets around totals with what I felt was balanced and am approaching these way sooner than I thought was possible. With WO’s who have over allocated before any learnings to help me with my own decisions?
Another one been wrestling with is continue to allocate same during a bull and new ath, or under allocate for that time. I see comments about oh know if you bought at the top it’s bad but wouldn’t all dca’rs have bought at the top?
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Torque
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Most people stick with safe, low interest savings accounts, they are very risk averse.
See, that's precisely why they can't maths. Their investments losing badly YOY adjusted for inflation is in my mind not "risk adverse" and "safe", it's just stupid. They are still losing, just not as bad as all cash. But normies gotta norm, bro! ¯\_(ツ)_/¯
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Biodom
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Activity: 3906
Merit: 4379
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July 27, 2023, 05:51:40 PM |
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Most people stick with safe, low interest savings accounts, they are very risk averse.
See, that's precisely why they can't maths. Their investments losing badly YOY adjusted for inflation is in my mind not "risk adverse" and "safe", it's just stupid. They are still losing, just not as bad as all cash. But normies gotta norm, bro! ¯\_(ツ)_/¯ Plus, I 'hate" to spend the rapidly appreciating asset...no such qualms about depreciating
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Out of mind
Sr. Member
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Activity: 602
Merit: 300
I like to treat everyone as a friend 🔹
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July 27, 2023, 05:57:38 PM |
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Sam Bankman-Fried donated $93 million in stolen customer funds to US politicians. Today, the US Government dropped a political campaign finance criminal charge against SBF. Source
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ChartBuddy
Legendary
Online
Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 27, 2023, 06:01:23 PM |
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ExplanationChartbuddy thanks talkimg.com
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philipma1957
Legendary
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Activity: 4270
Merit: 8667
'The right to privacy matters'
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Not posted in a while just trucking away with dca and stacking. Was out in the world enjoying life and started to notice Btc in general life, from billboards, graffiti, bitcoin atms etc. I’m not sure if it was always there or not but what do we think about this type of engagement with Joe Public. I wonder has anyone found their way here from something like seeing a btc atm in their local area.
I’m having some serious internal debates on whether to over allocate into Btc this year, I had set some targets around totals with what I felt was balanced and am approaching these way sooner than I thought was possible. With WO’s who have over allocated before any learnings to help me with my own decisions?
Another one been wrestling with is continue to allocate same during a bull and new ath, or under allocate for that time. I see comments about oh know if you bought at the top it’s bad but wouldn’t all dca’rs have bought at the top?
Well lets pretend your investment stack of buckets is 20k if you are under 50 and you are 18k not btc 2k btc adding just BTC for the rest of the year could be a good idea. The ratios of your investments could go from: 10% btc 90 % not BTC to 20% BTC 80% not BTC the younger you are the harder you could push BTC Just remember investment money is more or less what you can afford to lose or hodl for a long time.
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goldkingcoiner
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Activity: 2198
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A Bitcoiner chooses. A slave obeys.
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July 27, 2023, 06:50:55 PM |
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wow i wonder what they will be building with it? For Bitcoiners and miners, this is going to change the game. A lot. I think we will see a storm brewing as this will not only open the door to amazing new technologies but also completely new ways to use electricity. The main obstacle for the progress of quantum computers has just disappeared and I see room temperature quantum computers coming to the mass market soon. Imagine if they could replace entire electrical grids with it. Just by how much would our energy-output demand shrink?
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ChartBuddy
Legendary
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Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 27, 2023, 07:01:19 PM |
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ExplanationChartbuddy thanks talkimg.com
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shahzadafzal
Copper Member
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I'm sure you guys know "Bitcoin Halving Cycle" similar to that I saw this another amazing similar "Bitcoin Spiral Clock". Measure: It takes about ~4 years to get around the clock or exactly 210,000 blocks. Apparently i agree to the post on this 2022-2025 cycle is behaving so close to the 2014-2017 bitcoin cycle. - What I like about this Spiral Clock that all halvings occurring at exactly 12 o’clock 🕛. Next one is scheduled to be at about April, 2024. - Last two major ATHs occurred around 4:30 🕟 - Last 3 crashes or ATLs hit around 7:30 🕢 - Spiral clock indicates that bull runs take off 🚀after about 6 months from the halvings, 1:30 - Now if all goes true then next bull run is scheduled to be at about around November, 2024. https://twitter.com/JohnXOsterman/status/1683544764849725451There's an animated version of it too with some banger music must check https://twitter.com/fudruster/status/1672839343675789312
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ChartBuddy
Legendary
Online
Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 27, 2023, 08:03:26 PM |
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ExplanationChartbuddy thanks talkimg.com
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ChartBuddy
Legendary
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Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 27, 2023, 09:03:29 PM |
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ExplanationChartbuddy thanks talkimg.com
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eXPHorizon
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Activity: 1330
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Precision Beats Power and Timing Beats Speed.
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July 27, 2023, 09:24:10 PM |
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Tell me Exacly or give me 1 Positive Causality that Bljatcoin brought to the world or what is the positive of it ? So far it uses up as much Electricity as entire African continent , it failed its "Store of Value" test at Covid discovery and is terrible as a Transaction means and it made more people poor than sufficiently sustainable with money (Rich). I can go on and on but i do not find any positive aspect of its existence
Ok, kiddo. It seems you started hating Bitcoin these days. Why were you asking people to donate you 3 Bitcoins then? You claimed you lost Bitcoin in the mt gox drama and you should be happy because we heard that mt gox users will get some refund. I am curious about what method would you choose to get payment of your lost funds. Probably Bitcoin cash? Well, what else can I expect? Bitcoin gave freedom to everyone with their money, and you are one of those who adopted it. Do you want to beat Roger ver? Roger ver used Bitcoin to do his business and then started doing shit later. You are another shit. What an irony! I will make it short. Thanks for pointing that out. Bljatcoin comunity turns against its greatest allys and makes their work seem shit. Therefore calling greatest contributers Shit is just a reflection of the representation of Bljatcoin. Everyone is sopposed to work for free and on top of that BUY Bljatcoins. Well done
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ChartBuddy
Legendary
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Activity: 2324
Merit: 1802
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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July 27, 2023, 10:03:26 PM |
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ExplanationChartbuddy thanks talkimg.com
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Torque
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Activity: 3710
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The Fed and Jay Powell is so so so full of shit. They'll look at all the seasonal spending over the summer (which would be a completely normal, typical level of spending by the way), call it "still inflation" and hike again in September. But who the fk cares at this point. It really doesn't matter what they do for the rest of this year. They've already signaled that a change in monetary policy is coming next year. They are already signaling that rates cuts are coming. But why, out of the blue, would they just start cutting rates come first of next year? Hint: they won't. There's no fkn way they start cutting rates without a valid reason. That reason is the (planned) rug-pull event they already have hashed out. Whatever the trigger will be, whatever dominoes they allow to fall, it will be a shitshow. And the Fed will be all like, "Oh wow, who could have seen that coming?? Hur dhur, I guess we have to cut rates now."
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