Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5805. (Read 26710141 times)

cw or ccw?

Famous Stanford University study shows that seeing cw = genius .... seeing ccw =ignoramus





.....

I just made that up...but hey, its almost April 1st, yeah?

edit...
(oh ffs! you know you are getting old when every typo is discovered after posting)

Wise words...

I started with Bitcoin when someone at work told me about it.
That was when BTC was $90. It was the best reason to buy video cards.
Made some because I was intrigued... not because I thought I would get rich.

I thought I was late in the game but held on to my small winnings (only a few coins).
My poor-ass investment grew and I viewed it as a lottery ticket.

Now I realize that I am one of the few that did the true HODL.
Bitcoin wasn’t as trusted as it is now. An investment now is so much more trustworthy.

Bitcoin will pay for my full luxurious retirement :-)

So yes even if you don’t hold a lot it WILL compound over time.

The moral of the story
1. Those video cards made 250x their money
2. Even small amounts of BTC will bring you >100x returns if you just leave them for 10 years or so.
3. Bitcoin is the best investment in this century....

I could have Merited this, but I actually just gave you my last one already. Clearly, I do get a kick out of spending Merits......

As for the girl: where were the parents, rite?

edit: oh that's right, the rest of the family were too busy living in the houses the girl gave them, to bother caring about her.

You may well be in a mindset that you are able to distinguish between the principle value of what you are accumulating and income that might be derived from that principle value.  Perhaps?  Perhaps?

I guess I'm lucky for having been raised so strictly that I actually get a higher kick out of avoiding to spend money instead of spending it...

Wow,,, 18 years of funzies (from 2003 to 2021).. and at a prime age ...


Gosh Philip.. after all this time mining either you ONLY got about 1 BTC (or less) of HODLings from the whole deal, or you are really bearish about where the price of lil fiend is going to be in 6-7 years.


It would have likely been difficult for any of us at 16 years to figure out how to manage our money in a sustainable way in order to NOT blow the principle of such a large gain that came all of a sudden.

From the time of her winnings in 2003, she could have lived quite well (and continued to live quite well) by figuring out some kind of system to attempt to live off the income of the funds rather than delving into the principle (and that is a problem that many of us have in terms of attempting to understand our wealth and the difference between principle and income.. I have some of those same problems), and if she had gotten more into the preservation (and perhaps growth) of capital mindset at an early age, she may have eventually figured out getting into bitcoin..

Just think discovering bitcoin in 2015 or something like that and then putting 1-10% of whatever she would have had at that time (presuming prudent prior management of her funds), surely bitcoin has historically allowed for those who may have largely been in a "wealth preservation" mindset to end up inadvertently growing their wealth at much higher rates than they might have previously considered to be feasible/practical within the personal financial management theories.

The investment case for bitcoin has not really changed in the past 5 to 7 years - except maybe just some concerns about being front run by BIGGER players, which seems to be some of the current concerns of some folks who are half-way knowledgeable about some of our current BTC price dynamics.

Sorry for brining NFT ...
Actually Binance asked to explain NFT and I did this


https://twitter.com/binance/status/1375734373744574472?s=21

Now would be a good time to go straight to 60000...

 These things are inevitable because the satisfaction we crave is in seeking rather than achieving the goals we set; either the bar or the person must get higher.

Oh no    He certainly has unlocked celebrity-status achievement so his tweets have caused some action in the bitcoin market but I think it's an affront to a long line of Bitcoin influencers to call him the biggest.  Hell, as much as it pains me to say the name these days, I would put Roger Ver far ahead of Elon Musk on the list of biggest bitcoin influencers and Roger might not even be in the top ten anymore.

edit: sp. I guess Roger still warrants a capital 'r'

The reason for this happening very often is that the winner of a lottery is a compulsive gambler.

Most compulsive gambler's play too much and

 A) they win a lot of lotteries.
 B) they tap out since winning was not why they were gambling compulsively.

With My luck mining BTC it  looks like I will be a millionaire in about 6 or 7 years. I will be 70 or 71. I can handle being worth 1 or 2 million.

But If I were 16 and won like she did I would have fucked up bigly.

BTW no matter what you think about Donald Trump 'bigly' is a nice use of English language so I do thank him for that.

One picture to reflect all the news we need to know

You know, when I first saw the pic, I saw the plates upside down. I tried hard to "flip" them, and I managed it.

Now, every time I see the pic, I see them all normal (not upside down), like my brain has learned it that way!

Strange stuff...

Wait a minute u guys see the plates upside down ? HOWW!!  they look pretty normal for me ughhhhh

Good riddance! I don't feel the slightest of pity for her. It just confirms that money alone is not enough, you need brains too, and it looks like she didn't (and still doesn't) have any...

I also know of a friend of a friend who was also a Lotto winner (2 million €), and he wasted it all away in just 2 years, on house renovations, extravagant holidays, luxury cars, designer clothes, and other pointless stuff. Now he is unemployed and in debt, and barely able to survive.

You can become rich by pure luck and/or by smart moves and/or by hard work. But to stay rich you need brains. Good thing is, I can bet nearly all WOers have that, so we're all good!

To be fair she really did benefit from the boob jobs. So I'd consider that a capital asset like the houses.

Seriously... easy come easy go...

Three boob jobs £18,000
Gifts to former boyfriends £188,000

Re: Buffet

The dinosaurs became extinct.
Many companies fail to move with the times, what used to work won’t always work if you fail to adapt.