True Jay. Later in the year maybe we can try a similar poll with more precise timing, etc.
Hopefully, I won't beat the topic to death, before then, because I really like the topic because it allows HODLers to figure out his/her own level and no matter what s/he is going to have to engage in a certain amount of BTC price projection in order to attempt to be realistic about the matter. Also, it should be personally interesting and applicable to every single person participating in this thread because either s/he: 1) has already achieved such status, 2) has a target amount and/or plan to get there, 3) does not have a plan to get there but would like to get there or 4) would not mind getting there, but believes that his/her amount of BTC accumulating ability is never going to contribute to achieving such status.
If such HODLer is not interested in 1, 2, 3 or 4 above, then I would wonder why s/he is looking at this thread.
Also, with such topic, there is a bit of a forcing to attempt to figure out: A) what kinds of numbers a HODLer would need to achieve and B) is such plan realistic based on likely events, timeline and personal financial circumstances.
It's a great topic, and also seems to facilitate BTC/USD wall observances, too in order to attempt to figure out if there is any progress towards such fuck you status, if not yet achieved.
IIRC I chose 200-499 which is *WAY* more than I do have. But the question was to be a fuckyoucoiner, and that's what I would consider, not that I would ever become one (or need to to, in order to be happy and reasonably wealthy).
And I am taking into account some price rise in the future. Otherwise the amount would be higher... but not much more.
I personally believe that there could be an accounting of entry level "fuck you" status based on what is the lowest price that the HODLer believes that BTC would reasonably hovering into and causing him/her to have to cash out some coins at that price, and that would be the base of calculations.
Now, I am using the current low of $3,122 as such base BTC price to calculate my entry level starting point and $1million as the base amount that allows $3,333 per month passive income. Thereafter, I employed a conservative traditional financial presumption that on average BTC would rise in price by 4% per year (which allows a withdrawal of 4% per year or 1% per quarter).
So, $1,000,000 / $3,122 = 320.307495 BTC as starting out level of "fuck you" status, and in the future, hopefully, our starting base will change based on a rising price of BTC (no guarantees of course). It seems to me that if we remain concerned about whether the bottom is "in" or not, then we should be using our most conservative numbers for our base starting amount in order that we would not say "fuck you" before we are actually really ready, willing and able to say it (without having to come crawling back with our tails between our legs).
Note: I recall the first time around, I calculated used a higher price (current BTC price, I believe), and I ended up arriving at around 250 BTC for fuck you status, but I think that using the anticipated bottom price of $3,122 is a bit more realistic because I would rather error on the side of conservative, and I am still only in the 48% confidence that the bottom is "in" thinking. Of course, if there is a higher level of confidence that the bottom is in, and then a HODLer should use some kind of higher bottom number that would presumably be lower than the current price to calculate reasonable "fuck you" entry levels.
