Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 1657. (Read 26714945 times)

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Those guys never sell their assets. Not a piece of it, and I know there are other ways to make profits from those assets without selling them. I tried to figure out what they were thinking.

I only know aahh, uuhh, babeee...comingg babee...

N:
A salesman, like maybe in a, uh, haberdasher, or maybe like a, uh, um... a chapeau shop or something. You know, like, "Would you... what size do you wear, sir?" And then you answer me.
M:
Uh... seven and a quarter.
N:
"I think we have that." See, something like that I could do.
M:
Yeah... you think you'd be happy doing something like-...
N:
"No; we're all out. Do you wear black?" See, that sort of thing I think I could probably... muster up.

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Update:



https://twitter.com/coffeebreak_YT/status/1706533252058567011

You might be being too harsh LFC.  I surely agree with the idea of shaming nocoiners and low coiners who had not been sufficiently aggressive, but even $100 per week would have had need to be investing since the beginning of 2020 in order to get to the accumulation of 1BTC.

And there surely are some people who are not even able to invest $100 per week, but yeah sure, if they are able to invest $100 per week and they are not, then they should be shamed.. but then another question is when did they find out about bitcoin.. early 2020 or some later point.

By the way, the $10 per week person would have had to be investing since June 2016 in order to get to 1 BTC.

Don't get me wrong, I am not trying to give anyone any kind of free pass, but the fact of the matter, is that it is getting more and more difficult to accumulate a whole BTC.. and that seems to be part of the reason that we are likely going to NOT be too elitist in terms of maybe currently having a kind of expectation that people currently (or recently) finding out about bitcoin might need to shoot for some lower level goal.. such as 21 million sats or maybe 10 million sats or maybe even 1 million sats. .but surely if they have known about bitcon for a few years, they should already be past those levels..

again depending on their monthly budget and/or how aggressive that they are able to be without screwing things up too much in terms of losing their coins.. which would be even a worse outcome for those who might end up overdoing it in such a way that they are not able to hang onto whatever coins that they are able to accumulate.. because I think that part of this bitcoin accumulation game should be creating such a strategy that you are constantly and continuing to build your BTC stash until you get to such a point that is close to your own fuck you status... and that could take 20-30 years in regular systems, even though bitcoin likely has been able to provide ways that even normies could have gotten to fuck you status in less than 10 years. .which surely is not a usual kind of investment, and bitcoin seems to continue to be a strong investment in terms of short-cutting the getting to fuck you status as long as you don't screw things up by over doing it too much.


Even my entry-level fuck you status chart shows that it could take until late 2043 for one 1 BTC to be enough for entry-level fuck you status... and sure, it is probably way easier to be trying to front-load your BTC investment to try to get the 1BTC earlier rather than later, but still I doubt that it is fair to presume that everyone is able to invest aggressively in order to get to 1 BTC quicker than their cashflow and expenses allow them to get there.. and surely anyone with an investment portfolio of $100k or more could end up choosing to allocate 25% to BTC investments, but it is not clear that s/he would still be able to get to 1 whole bitcoin right away or if it would necessarily be good advice to immediately reallocate his/her investment portfolio in order to get 1 BTC in there at this time.. so there are some individualistic particulars that are best to be attempting to accounting.


This is a great example (even though it is sad and a bit depressing, too).

Historically, I have tended to lecture forum members about any kind of overly dependence on merely earning bitcoin rather than buying bitcoin.. because sometimes there can be ways to earn money (including fiat) that is going to allow you to buy way more bitcoin than you are able to from earning, whether we are referring to a signature campaign or other ways that you might be able to get paid for providing goods, services and/or labor...

So surely, I have sympathies for when forum members (or any other normies) have a lot of difficulties figuring out how to get BTC based on their own physical location that may well either be hostile to bitcoin or not really having ways in which you are able to find ways to purchase bitcoin... and there could be some ways that you might be able to buy some bitcoin from forum members. that is if you are able to generate some cash in other ways.. but of course, hopefully you are ongoingly trying to figure out ways that you are able to get BTC besides merely relying on signature campaigns... but surely persistence with signature campaigns could also get you over 1 BTC in less than 10 years.. maybe even less than 5 years.. .. but maybe those days are gone?


Saylor and/or MSTR is likely not going to cash out, but if he/MSTR wanted to cash out more than $26 billion at around those $200k-ish prices (or close to $32 billion in my corrected stats), he/MSTR could do that.

Sounds like you don't know nuttin, @Sophokles.


You sound really lost @Sophokles.

Do you really believe that if bitcoin were to go to $200k and Saylor's/MSTR's coins go up from just under $5 billion to nearly $32 billion, then he is going to need to sell in order to reap benefits from having such cornz? 

Try MOAR harder.  You can do better than that.  Can't you?


Those are fair points, but it seems to me that we were talking about the value of the BTC going up from a little less than $5 billion to a little more than $32 billion... so you seem to be making a different point, at least from the one that I was making.. maybe Phil could end up agreeing with you that was what he was talking about... perhaps?  I surely wasn't talking about that.

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This is beautiful...

https://www.theblock.co/post/252882/crypto-influencer-ben-armstrong-arrested-trying-to-confront-former-business-partner

"QUICK TAKE
The Gwinnett County Sheriff’s Department’s online records show that Benjamin Charles Armstrong was arrested late on September 25.

Ben Armstrong, the crypto influencer who also goes by Bitboy Crypto, was arrested last night while trying to confront a former business partner.

The Gwinnett County Sheriff’s Department’s online records show that Benjamin Charles Armstrong was arrested late on September 25, although there are currently no charges listed.

On the same evening, Armstrong had been livestreaming as he attempted to confront a former business partner. Many who watched the livestream suggested in posts shared on X, formerly known as Twitter, that he was there to try to recover his Lamborghini.

But the situation quickly soured, as shown in excerpts of the livestream shared by viewers on X, when police arrived on the scene. When questioned, Armstrong told police he had a weapon in his car. He did not immediately respond to a request for comment.

The news comes a few weeks after Bitboy Crypto, the popular YouTube channel on which Armstrong used to star, ousted Armstrong, claiming the move was part of “a prolonged effort to help Ben during his relapse into substance abuse as well as reconcile the emotional, physical and financial damage he has done to the employees of Hit network and the Bitboy Crypto community.”

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Trips for the bud.  oh well.

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You should never use a credit card to buy Bitcoin, only cash. Cash is anonymous.

_______

Edit: I just noticed that my activity and merit are finally at par. It's been a long way.

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