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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 16178. (Read 26726019 times)

legendary
Activity: 2590
Merit: 4839
Addicted to HoDLing!
I've just wiped my TREZOR and recovered it using my seed backup, just to make sure everything's in order (which it is!).

Double-check you have your recovery seed backed up and safely stored in multiple places (not all in the same physical location). I can't imaging how I would feel if I discovered that I didn't have access to my coins...
sr. member
Activity: 366
Merit: 261
legendary
Activity: 1652
Merit: 4393
Be a bank
This is only half true. I'm a monster of economical insights. Everyone here should be aware of my gifts by now.
hmm cryptic.
so far, yes, you've been economical with your insights, we're well aware  Grin
legendary
Activity: 1891
Merit: 3096
All good things to those who wait
Here we are, 6666.6

Yaay!

CNBC, November, year 2018: "Today Bitcoin just hit alltime high 66 666$! BCH and B2X both gained 5% to return to 105$." Grin Grin Grin
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Hm?  Even though you make some decent points, you are reading the wrong sources if you think that, currently, we are in a dot.com bubble - however, it does not hurt to skim a little bit of profits off the top as we continue to go

Oh people said that during the bubble too. They called it the new economy. If we ever get together I'll tell you funny stories.

That said I remember afterwards when we measured AAPL stock in BTUs. In other words, how many BTUs of heat it would generate if you burned it.

AAPL is worth a tad bit more now. Thus it is with bitcoin IMO.
sr. member
Activity: 392
Merit: 254
This is fascinating to watch: People are getting seriously rich-ish on this forum (everyone has their own definition of that, but it is what it is) and it's fun to read about how people handle it. From my dot.com days I remember these bits:

1) NEVER CONFUSE LUCK WITH SKILL
2) Some people will cash out for hookers and blow
3) Some people will not cash out for hookers and blow.

Fun to watch.(1) is critical, I can't tell you how many dot.com millionaires thought it was because of their super l33t skillz and founded companies that ate all their money and then some. Never confuse luck with skill.



This is only half true. I'm a monster of economical insights. Everyone here should be aware of my gifts by now.
legendary
Activity: 2842
Merit: 1511
Accordingly, there are all kinds of ways to teach those little fuckers, including some of what you mentioned, without necessarily spoiling them.   Cool

* yefi wheels out the rack.

Wink
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
This is fascinating to watch: People are getting seriously rich-ish on this forum (everyone has their own definition of that, but it is what it is) and it's fun to read about how people handle it. From my dot.com days I remember these bits:

1) NEVER CONFUSE LUCK WITH SKILL
2) Some people will cash out for hookers and blow
3) Some people will not cash out for hookers and blow.

Fun to watch.(1) is critical, I can't tell you how many dot.com millionaires thought it was because of their super l33t skillz and founded companies that ate all their money and then some. Never confuse luck with skill.




Hm?  Even though you make some decent points, you are reading the wrong sources if you think that, currently, we are in a dot.com bubble - however, it does not hurt to skim a little bit of profits off the top as we continue to go

up


and


Up



and


UP.
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
An 11 year old should not have full title to bitcoin that was "given" to her.

You gotta build character in her first...

Otherwise, she become SPOILT BRATT, if she already NOT one. 

Jaysus, JJG - tend to your own garden, willya?

I know eight nine year olds with responsible full discretion over their Bitcoin. Hell, my granddaughters already have liquid assets larger than the average adult. Thanks to Bitcoin Smiley

https://www.wsws.org/en/articles/2014/02/04/cfed-f04.html


Hahaahahahahaha...

One spoilt bratt might not recognize another spoilt bratt, then.   Roll Eyes Roll Eyes

I have the right to provide my opinion, which I did.  Kids should be formed and conformed and built and not given free range or financial freedom until they achieve those formative objectives.....   There you go, and perhaps you heard it here, first?

Sounds like you, contrarily, would like to screw up the whole world with gifting to kids and also fucking around with stupid-ass renegade forks too, while acting as if they are the be all cure all to bitcoin's supposedly imagined woes.    Roll Eyes


It is my opinion, and I dont have any kids but was once one of those, that the sooner they learn the concepts of money, saving, etc the better.

It would be way better to give the kids some (very limited) money so that they learn to spend it wisely in whatever they want/need than just buy them almost everything they ask for (as many parents irresponsibly do).

Learning money is a limited resource (and how to manage it) since their childhood is one of the most useful lessons they can learn for their entire life. And the next lesson should be to start saving (even if ridiculous amounts) around 10 years old for their entire life.

Investing and the power of compounding interest should be learned by 15.

Any mistakes they make at those ages will be very "cheap" lessons in comparison to later in their life... and they won't ever forget about it.




I am not saying that there are not ways to teach kids about money, and all of your points are valid and my theory or suggestion(s) does (do) not negate any of what you are saying. 

Accordingly, there are all kinds of ways to teach those little fuckers, including some of what you mentioned, without necessarily spoiling them.   Cool
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
This is fascinating to watch: People are getting seriously rich-ish on this forum (everyone has their own definition of that, but it is what it is) and it's fun to read about how people handle it. From my dot.com days I remember these bits:

1) NEVER CONFUSE LUCK WITH SKILL
2) Some people will cash out for hookers and blow
3) Some people will not cash out for hookers and blow.

Fun to watch.(1) is critical, I can't tell you how many dot.com millionaires thought it was because of their super l33t skillz and founded companies that ate all their money and then some. Never confuse luck with skill.

legendary
Activity: 1358
Merit: 1016
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
this is getting ridiculous I haven't slept properly for days .what a mental run up .don't want to miss the next leg up .keep watching keep watching    fucking hell . love it
Sell some coin and buy:

1) Something to help you sleep
2) A high quality hooker to blow you every night to sleep.

Seriously, it helps.
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
Surely gold or any other traditional investments didn't have the ROI of BTC but...... maybe it contributed to the ROI of your Bitcoin stash.... How? Well, once you already have extracted/diversified enough into other assets (like gold) that you feel financially safe you can let your BTC roll without that much care than if you didn't.
My point is stable (bad performing) assets are another piece in the puzzle of financial safety. Or at least that's what I tend to think, but I like to hear more opinions about it.

Huh ? Wha ? The only way I'm going to get any "contribution" to my financials from liquidating my GLD holdings, will be a deduction to offset capital gains.

If an asset performs as badly as GLD has, for as long as it has, my strategy is to put it into something more aggressive. I'll be liquidating my GLD holdings this year, and reinvesting.

Any investment not likely to pull in greater than 8% a year bores me.

I've tried to be "responsible" by holding GLD for as long as I have on principle, but, fuck it. Life is too short.


Common BobLBL>>>>>> you know better than that.  

What bitserve is saying is that in time 1, you do not know for sure which assets are going to perform better or worse, and you are attempting in time 1 (hopefully?) to figure out ways to hedge your bets while at the same time hoping for the best possible performance.   Surely in time 2, you can see in retrospect which assets did better (and in this case it was bitcoin), but you did not know that in time 1, but your investment in gold in time 1, perhaps, allowed you to feel more willing to risk more into bitcoin because you had that hedge that was already in place.

 
Again, now in time 2, you have a new perspective about gold and you are reconsidering your previous assumptions...   Nothing wrong with that, but many of us likely realize that the world has changed somewhat because of bitcoin and also because of bitcoin's performance, not only on a personal level (because we happened to invest) but also on a perspectives level, concerning which assets (or asset classes) have better likelihoods to beat certain performance thresholds, such as greater than 8% as you mentioned that to be too low... hahahahahaha.. whatever.    Tongue
legendary
Activity: 2688
Merit: 2470
$120000 in 2024 Confirmed
this is getting ridiculous I haven't slept properly for days .what a mental run up .don't want to miss the next leg up .keep watching keep watching    fucking hell . love it
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
Here we are, 6666.6

Yaay!

666 was hideously sticky. I suppose I could live with it clinging to 6666 but adding another 6 eventually sounds better.
legendary
Activity: 1778
Merit: 1008
legendary
Activity: 3220
Merit: 2334
I fix broken miners. And make holes in teeth :-)
Here we are, 6666.6

Yaay!
legendary
Activity: 1260
Merit: 1116
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