Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2367. (Read 26713261 times)

Think i'm gunna sell some corn at $30k if we ever get there again (*dramatic couch fainting*)

Gunna buy a tractor. Maybe some chickens. Maybe a Browning .50 Cal (not for the chickens)

Gotta convert some of this corn into meatspace currency... so I can grow meat... and eggs... real actual live corn mebbe...

Spring soon.

Getting excited. Barn is coming along nicely on schedule to be ready ~end of April.

Explanation

Explanation

And, to boot people seem to use the expression 100% in bitcoin in quite ambiguous and confusing ways too... even if there were to be some kind of resolution to get more folks to accept bitcoin as payment, it still does not seem like a great idea to go 100% bitcoin....  because even if any of us might be able to pay our rent, buy our groceries or other consumer products in bitcoin, they are still likely going to be priced in dollars because it would be quite ridicuous for any vender/merchant to price his/her services in bitcoin.. without having to frequently change his/her price.. which is largely likely attempting to make the price fair in terms of dollars otherwise not too many folks are going to buy their goods/services if they have to pay a 20% to 50% premium as compared with similarly competitive products/services.


Another thing with older folks is that they are not necessarily working for an income, so when folks stop working then they tend to be on "fixed incomes," so they really tend to get fucked when their most common expenses go up.. because whatever their cash sources are likely not going up enough to keep up.


People usually say 3-6 months of living expenses, and of course, you can add on a bit or subtract a bit.. but yeah, usually having more is better in terms of having a bit more flexibility if some extra expenses come up or even if there might be some spontaneous extra spending for consumption goods.. and yeah, many of us might be tempted to NOT want to have as much of an emergency fund because we want to "put our funds to work", but then we end up getting fucked if we put too much of our available funds "to work" and then those funds end up losing their value or some other calamities come to our situations.. and we failed/refused to adequately plan/prepare for such... I am guilty  of having had periods like this in my life in which my cushion was not not enough and then I experienced too much stress and figured out that keeping better/moar cash reserves can be a real relief during those kinds of times in which either unexpected expenses come or lessening of cashflows come (or both)..


Yep.. the more uncertainties regarding your cashflow and expenses causes differences.. including if you have a family versus single..  or if you have your own business that requires you to perform versus if you have a salary or some kind of sick pay if something happens to you.. Lots of these kinds of things and sometimes, there may be needs for various kinds of self-insurance (one of them might be a cash reserves) if you are not able to purchase insurance to cover some of the potential issues.


I recommend people get started in bitcoin right away.. Of course, everyone is responsible to figure out if s/he is able to start with $100 per week or if s/he might be able to invest more, such as $250 per week or if s/he is ONLY able to do $10 per week.. and those starting out numbers might well be a whole hell of a lot lower while such newbie is figuring out his/her particular financial and psychological circumstances... and to likely tweak later upon getting his/her shit in better order.


There are always going to be gamblers and speculators in bitcoin, so I don't give too many shits abnout that.. if people are so dumb then whatever, let them do their speculation including leveraging and putting their money with scams and other compulsive and degenerate gamblers who they believe are "safe keeping" their BTC..

We are not going to stop the degenerates and the dummies and the get-rich quick fanatics who are going to end up wrecking themselves like lemmings going off of a cliff... so I try NOT to worry too much about the various degenerates bringing down bitcoin even though you are right that BTC prices sometimes end up getting somewhat suppressed due to such happenings (and we have seen quite a bit of that in the last 6-9 months.. but we saw that in previous cycles, too. ... not going to get rid of those things... if people are that dumb.. let them do it... and call them dummies.. no problem with that.  In other words, I don't know how to stop those kinds of ever-existing folks from self-recking... we may well have some of them who are in somewhat active in this thread, too.   


I don't take offense because I am constantly witnessing examples of people who want to go their own way and recking themselves in one way or another with shitcoins, yield products, fence sitting, selling too much too soon (and then becoming bitter)..  You have been registered on the forum only a couple years less than me. Seems to me that you should have encountered some of these kinds of examples in real life, too?  Of course, it is possible to NOT be very interactive about BTC with others, and I don't even claim to be a social butterfly in the real world, but just having interactions, it seems that bitcoin ends up coming up in the various conversations..

I know some forum members (active in this thread) from time to time have said that they give up talking to others about BTC because it is too frustrating, and others say that they have a high rate of orange pilling success... even some of my successes in orange pilling seem to NOT understand what the fuck is BTC, and their eyes glaze over regarding some of the topics and then they get sucked into inferior practices, hedging with shitcoins, keeping too much value on exchanges, and surely some things are more embarrassing than others to repeat.. but many of us who interact with the world about bitcoin likely should have stories and even some of our own stories about mistakes that we made along the way, too.. it is not even very easy to not lose coins or even some guys have made their systems too secure so they will make mistakes in that direction too.


Hm..that's good to know.  It is not easy to know which sugar substitutes might be safe.. because I had spent some time trying to avoid aspertame.. but sometimes when I read ingredients, I am not even sure how they differ from one another..

When I first saw Erythritol in your post, then I got it confused with Xylitol.. but then I looked at the ingredients of Cinnamon Trident, and I thought .. there are some other sweetners in there besides Xylitol, but I had been chewing it because it does not have aspertame.. like some of the other trident flavors.

But look quite a few sweetners.. not just Xylitol:



Sorbitol, Gum Base, Xylitol, Glycerin, Natural And Artificial Flavor, Less Than 2% Of: Acesulfame Potassium, BHT (to Maintain Freshness), Mannitol, Red 40 Lake, Soy Lecithin, Sucralose.

Explanation

I am not suggesting that I necessarily disagree with you, but wouldn't getting to fuck you status depend upon what is their "personal" "subjective" fuck you status?

I am not saying that truth is subjective, but I am suggesting that there are a lot of individual factors that go into determining "what is" fuck you status?

Unless you might be referring to a kind of default entry-level fuck you status for the west that might be something like $2million in today's dollars... .. and surely it seems that there are pretty decent odds that entry-level fuck you status could be achieved with 1 BTC in 10 years from now.. so in 2033.. ..

And, surely we know that there are some folks who are easily able to get to 1 BTC.. in these times or maybe even within the next 2-5 years; however, the next question would be to be able to hang onto at least 1 BTC in the subsequent 5-8 years in which some of these folks might get shaken from their BTC.

Currently many of us consider right around 80 BTC to be default entry-level fuck you status for todays current overall climate (BTC versus USD versus macro dynamics), and just think about how many guys could have accumulated somewhere in the ballpark of 80 BTC in the past 6-9 years?... so we could say that in the past 5-9 years,  80 BTC could have been fairly easily acquired and accumulated between $24k (at $300 per BTC) and/or $240k ($3k per BTC), and perhaps many folks potentially somewhere in the middle of right around $80k (which would be $1k per BTC), so then for sure, it would have had been better to have had been able to get accumulate up to 80 BTC or more for the lower end of that price spectrum of $300 per BTC or $24k BTC, but even paying a bit more than that might not be so bad based on the current value of 80 BTC.. and at the same time, part of the question might have been to be able to hang onto the BTC, for 5-9 years or longer and still be in a position to have those 80BTC, so sometimes it might not hurt to accumulate more BTC (something like 100 BTC at various points in time) but then still end up with 80 BTC in current times.

Similar with the desire to have 1 BTC or more in 2033 or later, then maybe it might be good to accumulate 1.2 BTC to 1.5 BTC to still be able to have at least 1 BTC by the time 2033-ish comes along.


You must be lost Patrol69..,. I mean in the wrong thread.

Who would be so retarded as to trade BTC?

And, maybe you should tell us, from your perspective, whether "other coins" are in the room with us right now?  not that I am trying to feed/save a lost puppy


Wow!!!!!!    don't go too far out on a limb

That's a "brave" call.. #nohomo.

 

Explanation

Photo collection to Google.

I think the completion of this trade deal marks the beginning of a whole new chapter.

British Prime Minister Rishi and European Commission President Ursula Mon der Leyen will be able to reach their goal of full peace after the deal is completed.
Very good 

Israel's stock exchange to let brokers offer #bitcoin to clients.

https://twitter.com/BitcoinMagazine/status/1630289283134242819?t=4rvO0W5r8EfjUUxXuBdngw&s=19

“#Bitcoin    represents the removal of power from a government into the hands of people” - #bitcoin2023 speaker Grant McCarty ✊

Source: https://twitter.com/TheBitcoinConf/status/1630344765798752258?s=19

I use monk fruit.

much safer.


https://www.amazon.com/TEAki-Hut-Sweetener-Substitute-Friendly/dp/B08KGYJ4TL?

I use monk fruit and a bit of maple syrup.

As a diabetic with great cholesterol I make chessecake quite a bit.

Using the monk fruit and maple syrup make a very low carb cheese cake.

and topped with fresh whipping cream flavored with vanilla and monkfruit and maple syrup.

I can make a cheesecake with under 30 carbs for the whole cake.

don't use cream cheese use this:

https://www.shoprite.com/sm/planning/rsid/631/product/chavrie-goats-milk-cheese-00070551700537


2 of them                          = 2 carbs
2 eggs                              = 0 carbs
¼ teaspoon of monk fruit   = 0 carbs
1 tablespoon maple syrup  = 24 carbs
1 oz blanched almonds      = 3 net carbs
total carbs                        =    29

if I make the whipped cream

1 pint whipping cream       = 0 carbs
⅛ teaspoon monk fruit      = 0 carbs
1  teaspoon maple syrup    = 8 carbs   

the monk fruit is sweet but has a citric after taste. the maple syrup knocks that out.


Food tastes good  carbs are low. 37-40 for the whole cake it serves 4

Don't even go there.   


You cannot keep putting off your retirement date - unless your hidden agenda (perhaps a spooke?) want to work until you be die. 


In other words, shouldn't folks in these here parts be attempting to aspire to NOT to have to work... especially if there is a 4-10-year planning timeline? (and with your particular example of 2036, that's 13 years from now.. more than three full cycles. .. I have frequently been proclaiming that it might be a bit much for any normie (who is not able to inject a lot of capital into bitcoin) to be able to really expect to get to real comfortable status (at or near fuck you status when starting from a place of somewhat normie resources... which is not a lot of pre-established investment portfolio) in less than 2 full cycles.


Now, if you want to work for the mere sake of it as an optional thing rather than a "have to" thing, then that's another story.


But if you feel that you have to work, then that does not seem like a great aspirational objective, especially if we are in the midst of experiencing (and potentially benefiting from) the greatest wealth transfer that the world has ever witnessed.. so why not partake in the side-benefits of richie status? rather than workie-workie 4ever status?


It sounds like you have doubts.

In other words, the way that you are framing the question, you seem like someone who is failing/refusing to adequately prepare for UP.. even  though, sure, I believe that you have some cornz.. but you do frequently convert in and out of fiats (and shitcoins).. so your own statements about your actions continues to cause pause regarding your seemingly ongoing refusals to sufficiently/adequately^** prepare for up... at least from this here cat.

** I will concede that the expression, sufficiently/adequately does have quite a bit of a subjective element and even quite a bit of discretionary angle to it.


YOU BEAR!!!!!!

 


Protip: By definition news is new, otherwise it is not news... Just saying for many of you folks (seemingly newbies) posting the same ting-i-lies over and over and over again (and without any original thoughts).

Hey all you low-carb Wall Observers!  Heads up!

 Erythritol, a commonly used sugar substitute, seems to enhance blood clotting and can be dangerous for those already at risk of heart attack, stroke and clotting disorders should probably avoid it.  

 https://www.cnn.com/2023/02/27/health/zero-calorie-sweetener-heart-attack-stroke-wellness/index.html

https://newsroom.clevelandclinic.org/2023/02/27/cleveland-clinic-study-finds-common-artificial-sweetener-linked-to-higher-rates-of-heart-attack-and-stroke/

Explanation

Even the most hardcore Bitcoin maximalists are not 100% Bitcoin because you cannot survive 100% on Bitcoin. Until there is a service which allows you to pay your mortgage, rent, groceries, daily expenses and any other expenses you have you cannot go 100% Bitcoin. If you do you will probably get stuck. Try finding a dentist that accepts Bitcoin. You cannot unless you live in El Salvador where it is legal tender. In the USA you are not going to be able to live off of Bitcoin on its own.

I suggest having emergency funds but they could differ between people. If you are a older person you might take into consideration that you will need more money because the chances of having a emergency related event is more likely. If you are a younger person you might not have any unexpected health issues that can pop up but no one is immune to falling over and breaking a bone or smashing their teeth out so everyone should have a bare minimum of at least $3000 in their emergency savings but I recommend more.

If you have a mortgage then you need to have a emergency fund more then the minimum just in case you lose your job. We are in a financial crisis and the likelihood of people losing their job is very high and is unpredictable. If you have a mortgage get insurance that will cover at least a year if you get fired or have savings of at least 6-12 months so you can pay your mortgage. Only then can you start thinking about investing in Bitcoin when you have money left over.  

I recommend every one buys Bitcoin but I do not recommend people to be foolish and ignore the possibilities of them having a emergency especially in a financial crisis as large as this one. It harms the Bitcoin community to because if people invest but then have to take a loss because they need to withdraw during a bear season then they will probably never buy Bitcoin again and that hurts adoption. We want people who are financially ready to invest and will not withdraw at a loss because it drives the price down for us all.

I do not want to offend you but your relative reminds me of the saying 'you can lead a horse to water but you cannot teach it to drink' you provided everything for them to succeed and if they were patient and listened to your advice they would have profited a lot but people are too set in their ways and they end up spiting them self.

Explanation

Explanation

Staged.

That seems to be part of the reason why appreciate having more than 0.63BTC, and on a regular basis, I even tend to lecture newbie to bitcoin folks (normies) about NOT getting ahead of their skiis in terms of starting out attempting to accumulate what they can...  In 2018-2020, it may well have been more practical to aim towards getting a whole coin, but even for now, one whole coin might be out of reach for some newbie normies who are just getting into bitcoin, and they may well have to start out much smaller in terms of their goal.. and perhaps even if 0.21BTC might be too high, then maybe some of these newbie normies may well need to start to think in terms of satoshis.

I have a relative who I recently got into bitcoin somewhat.. and it is not even easy to know sometimes if these newbie normies are going to be "in" or not and whether they are going to be able to stay in.

On this particular person, I was suggesting that s/he could think in terms of satoshis, and maybe first strive to be a satoshi millionaire.. and that would be a good place to start... and there were a couple of times in the past 6 months or so in which we had agreed to some shared expenses in which s/he would pay in dollars and I would go on a bitcoin payment plan and to spread the payback over several weeks.. each time there were several weeks of payments, and the first set of payments, I had said to such relative that in accordance with my records, s/he is now a satoshi millionaire (merely based on my payments and apart from whether s/he had been accumulating bitcoin on the side).  And after the second set of payments, I had paid over 2 million satoshis.. so getting into the territory of multi-millionaire - depending on if more than 2 million constitutes multi-millionaire or if you might need over 3 million satoshis in order to cross such multi-millionaire threshold.

Several times, I had reminded such relative that I had paid his/her spouse close to half of a bitcoin through various times in 2016 through 2019.. and the spouse had been seeming to become quite hostile to bitcoin, even though in mid-2022, such bitcoin that I paid to the spouse would have been worth at least 50x higher than the various dollar related values of the payments at the time that I had paid the bitcoin.. but the spouse had largely turned into a no coiner.. and was ongoingly (and seemingly increasingly) bitter/hostile about the whole matter.

Anyhow, it is crazy how people have differing ways of thinking about matters, even when I alway thought that I had provided reasonable frameworks to just HODL your BTC, especially if you do not have very much invested.. but people get anxious and they want to "cash out" and then have regrets.. so what can we do  when trying to "help" others (nocoiners or precoiners) to come around to bitcoin..


That's too bad about the integer matter because I frequently presumed that the halvenings went on forever, even though the number would get infinitesimally smaller and smaller (especially if it were to be halved at sub-satoshi levels.. but whatever, if it stops fractionalizing below satoshis, then so be it...

We know that on the lighting network there has been recognition of sub-satoshis, such as low as 1/1000 of a satoshi, but yeah, those sub-satoshis seem to be rounded when getting validated back onto the blockchain (such as when a lightning channel closes with sub satoshis contained thereon).


Hahahaha...  Yeah.. that's interesting that the girl chose to confront the guy... , and the guy handled the matter quite well... and didn't even lose his patience.  

I also noticed that the audio was picked up very nicely, and I don't think that she was wearing a mic..  because the sound pick-up seemed to be directional in terms of where her camera was placed... but still it seemed to have had picked up very clearly, even given their distance and even given that they were outside too.. must have been a pretty quiet area of the park.

Explanation