Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4199. (Read 26714578 times)

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Why not change the color of the syringe, and what self-respecting llama is not going to take his correction injection in the behind?  

No need to even appear to enter any orifice.


Well I did a quick google search to attempt to figure out how much money we are talking about..... and surely many of us in this thread could find ways to live decently off of a fraction of his around $77 million contract over the next 4 years, and Saquon is starting out by already having around $25 million of networth before entering into a contract to earn another $77 million over the next 4 years.

https://www.marca.com/en/lifestyle/celebrity-net-worth/2021/10/24/6175432722601d142a8b4575.html


I think that many of us could figure out how to pretty much live perpetually off of the $25 million that he already has... so even if we say that a total networth of $25million can generate more than $80k per month in passive income.  That's $25 million  * 4%  = $1 million per year and divide that by 12 = $83,333 per month.

So, I suppose the topic is not being raised for any kinds of questions regarding how to manage it, because it surely seems like surplus amounts, and of course it seems like it is going to hold its value way better if decent amounts of it are put into bitcoin... anywhere between 25% and 75% could be put into bitcoin, maybe he would life off of the rest?

Each person is going to consider those allocations differently including time preferences a regarding how much to spend now and likely other assets/consumption goods to purchase now versus deferred gratification.

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Sometimes I think if becoming Legal Tenders in Countries was even the motive of Satoshi?
You being your own bank is what I always represent Bitcoin/Crypto with.

What are your thoughts?

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https://twitter.com/saquon/status/1480738426236375041

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 Even I can't be that nasty!  This is as bad as I can get and still live with myself - 50 shades of green 

 

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Free speech does mean you have the right to speak anywhere. It just doesn't mean you have the right to be heard, or force others to listen, or have the right not be punched in the face for your intolerant opinion. Having "the right to speak" isn't the right as same as "the right to be heard" basically. Hence freedom of speech without freedom of expression is contradictory, as the former otherwise restricts the latter. Therefore freedom of expression is intended to self-regulate free speech, not much else imo. For example I have no issue with white supremacists expressing their opinions, as long as others have the freedom to express their opposition.

The point is free speech is (or should be) a fundamental right, but not an entitlement either.

Just my opinion...

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Glad to hear that Strike is now available in Argentina.  I've been to Argentina several times, in fact I'm in Argentina right now, in Bahia Blanca.  Been in Arg since mid-November, hiking around Bariloche, and horse packing in the Cordillera in Neuquen province.  I always bring a stack of benjamins to Arg and exchange to pesos at the "blue" rate (black market).  ATMS and other legal venues are extortionate, you wouldn't believe how horrible the money situation is here.  Besides the official exchange rate overvaluing the peso by a factor of two, ATMS charge high fees and have very low withdrawal limits, if they even have cash.  The biggest bill here is 1000 pesos, worth about five bucks at the blue rate.  I have to carry a thick stack of cash, it's the only way to go.  Unfortunately, lots of tourists arrive here without a clue and exchange their money at the official rate, losing half their money.  Whenever I meet somebody like that, I educate them.

In spite of the problems, Argentina is a vast country with amazingly beautiful nature to experience.  The Andes in northern Patagonia are amazing.  I went awol from our horse packing group one day and hiked up to the top of a high ridge, saw several condors.  One condor hovered twenty or thirty meters directly above me for several minutes, just checking me out.  That night in my tent I had an intense hypnagogic vision of a condor's face filling my field of awareness.

Edit: condors float on thermals

There's a lot of symbiotic dynamics in the bitcoin space, and I am not even sure how much source matters... Sometimes I will see some of my ideas in some other space, but then I might start to question from where I originally got the idea... it was not just out of the blue.. I got the idea from somewhere.

Sometimes an idea is repeated so much, too.. and then it may just become part of the public space - and I am not even saying that origins to do not matter.. Of course, some of the better ideas will be taken, and maybe there can be some pride in repetition of some of those stronger ideas.. that also may well fade away if one of us uses a common expression that is so 2017.. because we say it like this now.  or that idea is not as widely accepted anymore... or maybe from time to time, some truth can come out by reviving an older expression.



Shitcoiners do sometimes take some of the bitcoin expressions, and maybe even mislead with those expressions, and I am sure that bitcoiners have likely taken (or were inspired) by some expressions that they might have seen used a lot in shitcoin space.... - even I am guilty of the same.... remember flippening, and chashening and litening... and there were others that inspired a kind of "-enening" of all the things.   I personally believe that we do have quite a bit of consensus around at least minimizing shitcoin discussions in this thread, and even if there has been some attempts to do that with the rona, I doubt that we have as much consensus - even if some guys have chosen to take that to another thread, and even if there sometimes is going to be questions regarding how much some angles of that issue can be related to bitcoin or bitcoin fixing it or whatever bitcoin related matters we talk about in this thread besides the walls.  It's not like we have that much must post right now excitement going on within bitcoin price dynamics.

Regarding BTC price, I did have some revelations come to me the other day while I was away from my keyboard (believe it or not, that does happen), and I am not really sure how well I can flesh them out in the seemingly clairvoyant direction that I felt at that time.... and one aspect is a need for our consolidation to break at some point, and have we spent enough time in this 35% to 41% correction range.  Sure, some HODLers are getting quite dispirited, but will a sufficient number of them loosen up their grip on their coins to justify keeping the price in these here parts?

Another thing is that in my 12/16 renditions, I had already given pretty decent odds to both my categories of $120k to $220k and my category of $220k to $450k for the anticipated top for this cycle, yet my effervescent feeling of clairvoyance from the other day honed in upon $200k to $260k for the top for this cycle (which surely would seem kind of bearish for some peeps and kind of bullish for other peeps), which overlaps those two ranges, and I am not even sure if I need to attempt to revise my assignment of probabilities.. has the last month really changed dynamics in any kind of meaningful way?  Maybe there is a need to wait for some more important happening besides a passing feeling?  I do admit that based on developments of the past month, I should probably flesh out some of my down probabilities a wee bit moar better - but who likes to place too much contemplation into down, especially while we are in a bull market,

right? right? 





riiiiiiiiiiigggggggggghhhhttt?


Even the cointelegraph article is not really clear what the bitcoin-related plan is regarding crypto payments for international settlements.. and surely whether customers might be able to hold some of their value in bitcoin, or is it just a vehicle in which the bank can save on fees or get around some of the ways that Iran has been frozen out of the swift system.

There is a quote in there about the government being hostile to bitcoin miners in the recent past... so I suppose it may take a bit of time to see how it plays out and what their mix of bitcoin versus various shitcoins might be in terms of what banks end up actually putting in place... but it does make some sense in terms of some goals that the country might have in terms of being less vulnerable to being locked out of swift systems.

Thanks, that explains it. So I'm tired of this bullshit so I'll go out and burn some cars, punch my neighbor in the face, print some fake money and try to buy something at my local store?  

We? The royal we, right?  

https://twitter.com/bitcoinmagazine/status/1480990141149765633?s=21

When Belgium…?

A Belxit then Bitcoin as tender and we gmi

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Haha priceless reaction! 

Maybe he is the kind of person that is just tired of all the bullshit. Just like we have grown tired of yours.

Thanks for this valuable info. Wow the guy is into certificate forgery as well. Now u see what kind of person he is? 

I admit, noice would have been the better edit