Seems like 60k is the new 9000.
And, no, no fracking vegeta memes!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5871. (Read 26715796 times)
March 19, 2021, 07:16:25 AM
March 19, 2021, 07:13:35 AM
Going down again yo!
March 19, 2021, 07:08:21 AM
I was reviewing my PayPal btc purchases and paper profits.
wife's account >>>>>> $257.56 is now $467.25
my personal account >> $125.00 is now $444.55
my business account >> $730.02 is now $1364.55
totals >>>>>>>>>>> $1112.58 is now $2276.35
The plan was to never cash these just add to them now and then.
So far no coins are cashed out.
I know no keys not your coins.
I have other wallets with keys.
This was simply a mainstream investment. Starting in Oct of 2020 and using various deposit amount at various times.
Not bad for simply supporting a mainstream BTC investment.
first buy was below
wife's account >>>>>> $257.56 is now $467.25
my personal account >> $125.00 is now $444.55
my business account >> $730.02 is now $1364.55
totals >>>>>>>>>>> $1112.58 is now $2276.35
The plan was to never cash these just add to them now and then.
So far no coins are cashed out.
I know no keys not your coins.
I have other wallets with keys.
This was simply a mainstream investment. Starting in Oct of 2020 and using various deposit amount at various times.
Not bad for simply supporting a mainstream BTC investment.
first buy was below
So here goes.
March 19, 2021, 07:05:26 AM
Price going up yo!
March 19, 2021, 05:38:34 AM
Saw the price starting to waver, and set up another batch of orders. Bought dip @ $57.5k, $57k, and $56.5k - Set up all the way down to $55k for now.
Nice one Bob.
Keep hodling the line for us bulls.
Out of FIAT at the moment but did a modest buy around a week ago.
March 19, 2021, 04:59:51 AM
March 19, 2021, 02:51:57 AM
Saw the price starting to waver, and set up another batch of orders. Bought dip @ $57.5k, $57k, and $56.5k - Set up all the way down to $55k for now.
You are the man, bro.Glad my monthly buy for March was filled around 49K.
My rule is: set a day, set a price, buy and forget.
Until necessary.
March 19, 2021, 01:42:18 AM
Thanks for providing that link.
Interestingly if you go to the "My Portfolio" tab and enter :"A portfolio with consistent growth of 200%" which is the historical BTC CAGR according to https://cointelegraph.com/news/bitcoin-s-compound-annual-growth-is-an-unheard-of-200-cagr, then anyone with a few BTC can retire right now ...
Interestingly if you go to the "My Portfolio" tab and enter :"A portfolio with consistent growth of 200%" which is the historical BTC CAGR according to https://cointelegraph.com/news/bitcoin-s-compound-annual-growth-is-an-unheard-of-200-cagr, then anyone with a few BTC can retire right now ...
I don't know how they arrivied at that crazy 200% estimate... Probably included irrelevant early years.
It's more like 100%. It approximately doubles every year. Not triples.
March 19, 2021, 12:00:31 AM
Must avoid false confirmation:
Option for “slacks”? What is this cross-dressing transvestite shit? You modern liberals are disgusting.
The mother is always the greatest influence on the development of a child’s character.
That’s not feminist stuff. Even Napoleon said so; and he was so much not-a-feminist that he banned women from wearing pants in public within the city of Paris, on pain of arrest by the police. (That law was repealed in 2013, when feminists realized it was still on the books and screamed bloody murder. Napoleon’s own mother, by the way, was of such a famously forceful character that Nietzsche later cited her as an example of “the most powerful and influential women in the world” (Beyond Good and Evil, Aphorism 239). And she raised a son who conquered the Continent...)
That’s not feminist stuff. Even Napoleon said so; and he was so much not-a-feminist that he banned women from wearing pants in public within the city of Paris, on pain of arrest by the police. (That law was repealed in 2013, when feminists realized it was still on the books and screamed bloody murder. Napoleon’s own mother, by the way, was of such a famously forceful character that Nietzsche later cited her as an example of “the most powerful and influential women in the world” (Beyond Good and Evil, Aphorism 239). And she raised a son who conquered the Continent...)
March 18, 2021, 10:48:43 PM
This dude almost had the same idea as me.
I was going to fart into a jar and sell it as an NFT.
I was going to fart into a jar and sell it as an NFT.
You could do that, if you marketed it as Seastead Guy's Fart in a Bottle. It's all about marketing.
What I would do is make it more of a mystery where you are purchasing one of Seastead Guy's Bitcoin Bottles, but you don't know whether it contains a message of hope or a digital fart until after you purchase and open it.
This reminds me of the time back in my early childhood, when my brother placed a quarter in a jar, then
clandestinely farted in the jar (unbeknownst to me), and put the lid on.
He then handed me the jar and bet me the quarter I couldn’t get the lid off and read the year of the coin on bottom of jar in under ten seconds.
I ended up with the lousy quarter and a face full of fecal fragrant flatulence.
My brother, otoh, got a good laugh. Stinky bastard.....
March 18, 2021, 10:15:54 PM
Why are some Bitcoiners getting bent out of shape about this? Just because NFTs run on generalized smart-contract chains,0 which Bitcoin is not?
To put it simply: in the crypto community, there seems to be this prevalent attitude that anything and everything crypto-born is absolutely fucking awesome and will change the world.
Well guess what, there was something absolutely fucking awesome created, one thing, and that was Bitcoin. It actually solved a problem with money that absolutely needed solving. And it will change the world.
Everything else is either a solution looking for a problem that doesn't exist, or isn't really a problem. 99.99% are just complete, straight up shitcoin scams.
NFTs are just the latest iteration of crypto scam-straction. They solve nothing that actually is a problem or needs fixing. They will eventually be relegated to the dustbin of history, along with shitcoins, ICOs, etc.
Was going to Google this NFT shite that I saw here constantly, no idea what it means, but thanks for explaining so I don't have to bother.
March 18, 2021, 09:39:58 PM
https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000517378/The_Future_of_Payments:_Series_2_Part_III__Bitcoin.PDF?&ZBKZvXhlwOwDHszzni0c4c4lhWQqzp2TrINYh/K18Do=&&realload=HPWqa9R0~7I9Mi5iAIrstKeMZycQmN60Z075XXWzwUfplpsSHzJYOkyrHVTu6KENvieUZKue6WAgeYWZAppf4Q==
https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000516270/The_Future_of_Payments_Series_2_-_Part_II__When_di.PDF?undefined&realload=4Un6Dsqg~Gf7ag9kHECBhMfPqfsTVFXx0CV~ZcoPzQIJQ7Pcm/fEqhaIZ6qo5GeqYxrUXY~eph09ZeQyO1euHQ==
The Future of Payments: Series 2
Part II. When digital currencies become mainstream.pdf
Part III. Bitcoins: Can the Tinkerbell Effect Become a Self-Fulfilling Prophecy?.pdf
TDLR
https://www.dbresearch.com/PROD/RPS_EN-PROD/PROD0000000000516270/The_Future_of_Payments_Series_2_-_Part_II__When_di.PDF?undefined&realload=4Un6Dsqg~Gf7ag9kHECBhMfPqfsTVFXx0CV~ZcoPzQIJQ7Pcm/fEqhaIZ6qo5GeqYxrUXY~eph09ZeQyO1euHQ==
The Future of Payments: Series 2
Part II. When digital currencies become mainstream.pdf
Part III. Bitcoins: Can the Tinkerbell Effect Become a Self-Fulfilling Prophecy?.pdf
TDLR
Quote
Facebook plans to launch Libra 2.0 in early 2021. Facebook’s strategy has shifted toward more
emphasis on cheapening payments. Libra has tweaked its plan by “offering single-currency stablecoins in addition to the multicurrency coin.”
Medium Transactions per second
China CBDC 300000
Facebook Libra 80000
Visa 65000
Mastercard 45000
Ripple 1700
Bitcoin 7
a CBDC has a high potential to disintermediate the banking system.People might choose to hold their money directly at the central bank. Obviously, this would disrupt legacy bank franchises and impact financial stability. Credit card volumes, interchange fees, payment transaction fees, and deposit interest margins could be seriously affected. This would shake the current two-tier system
...
Bitcoin’s market cap of $1 trillion, and scope for a continued rise in prices, makes it too important to ignore.
emphasis on cheapening payments. Libra has tweaked its plan by “offering single-currency stablecoins in addition to the multicurrency coin.”
Medium Transactions per second
China CBDC 300000
Facebook Libra 80000
Visa 65000
Mastercard 45000
Ripple 1700
Bitcoin 7
a CBDC has a high potential to disintermediate the banking system.People might choose to hold their money directly at the central bank. Obviously, this would disrupt legacy bank franchises and impact financial stability. Credit card volumes, interchange fees, payment transaction fees, and deposit interest margins could be seriously affected. This would shake the current two-tier system
...
Bitcoin’s market cap of $1 trillion, and scope for a continued rise in prices, makes it too important to ignore.
March 18, 2021, 07:37:40 PM
Saw the price starting to waver, and set up another batch of orders. Bought dip @ $57.5k, $57k, and $56.5k - Set up all the way down to $55k for now.
March 18, 2021, 07:25:35 PM
8+ years later I'm retired with a close to double-digit $million fortune. What an incredible experience it's been. Traded so many shitcoins I thought I would end up broke.
Congrats to everyone who made it.
Congrats to everyone who made it.
Congrats. You should be able to live the rest of your life very comfortably even if nothing else happens from now. $5m invested in "safe" investments will return at least $200k per year on 4%. Your double digit fortune should probably and likely will triple or more in the years to come, if they are still in bitcoin.
I see people mention such high interest rate figures here but nothing seems "safe" to me except for perhaps a property portfolio and protected banks only pay 0.5% if you are lucky.
4% is the oft-considered SWR or Safe Withdrawal Rate. It's based on a study by some folks from Trinity University studying stock market returns and backtesting them over 30 year periods. They used historical data from 1926-2009 and tested various rolling periods (i.e. for 30-year retirements, they tested 1926-1955, 1927-1958, 1928-1957,…,1980-2009).
Basically, the 4% applies to a 60/40 equities/bonds ratio portfolio, typically the S&P 500 or the Total Stock Market Funds and bonds, typically all US. Some do global or international.
Here is a favorite calculator to play with: https://firecalc.com/
The default values there imply a 95% success rate starting with $750k and withdrawing $30k per year for 30 years.
Thanks for providing that link.
Interestingly if you go to the "My Portfolio" tab and enter :"A portfolio with consistent growth of 200%" which is the historical BTC CAGR according to https://cointelegraph.com/news/bitcoin-s-compound-annual-growth-is-an-unheard-of-200-cagr, then anyone with a few BTC can retire right now ...
March 18, 2021, 06:34:51 PM
100BTC holders will live like kings, no doubt.
Considering that there are about 10-15K people with more than 100 BTC, it is unlikely that they will live like kings (not enough kingdoms, lol).
If btc 'consumes' a large swath of fiat, it would probably be the equivalent of $500 mil, give or take.
March 18, 2021, 06:16:33 PM
snip
A few days ago, India once again announced a Bitcoin ban. Trading and possession of cryptocurrencies is punishable by up to 10 years in prison. Owners of cryptocurrencies have 6 months to get rid of them.
And what does the arch-enemy Pakistan do? Builds two mining farms
This dude almost had the same idea as me.
I was going to fart into a jar and sell it as an NFT.
https://nypost.com/2021/03/18/nyc-man-sells-fart-for-85-cashing-in-on-nft-craze/
You'll be listed in the guinness record books as the "most valuable fart" sold through the NFT "lol" I was going to fart into a jar and sell it as an NFT.
https://nypost.com/2021/03/18/nyc-man-sells-fart-for-85-cashing-in-on-nft-craze/
March 18, 2021, 06:08:19 PM
With only 100 BTC, you'll be very okay in the future, but you won't be a god. Remember, there are other gigachads who never died and have thousands of BTC, not to mention maybe the corporations that never sold are now masters of the other planets or something.
Sure, but if bitcoin isn't worth much they won't bother to wake me up. I can deal with that.Quote
you: What year is it?
mad scientist that woke you up: oh, it's about a few thousand years since you died, does the year matter? gimme my 1 bitcoin, it's worth $100 billion today. Enough for me to buy a week's worth of bread. After you, I have a bunch of dead bitcoiners to wake up too, you're the 200th one, don't worry.
mad scientist that woke you up: oh, it's about a few thousand years since you died, does the year matter? gimme my 1 bitcoin, it's worth $100 billion today. Enough for me to buy a week's worth of bread. After you, I have a bunch of dead bitcoiners to wake up too, you're the 200th one, don't worry.
Possible, but unlikely. With only 21m bitcoins ever it's going to be worth more than a loaf of bread. And if the world is that crap-sack I'd just say "well, kill me" and go on to the next life or whatever.
Really, there aren't many ways to lose (Ok, they could put your brain in a vat and torture you to give it up, but once again that's not a crap sack universe I want to live in anyway).
March 18, 2021, 06:06:15 PM
This dude almost had the same idea as me.
I was going to fart into a jar and sell it as an NFT.
https://nypost.com/2021/03/18/nyc-man-sells-fart-for-85-cashing-in-on-nft-craze/
I was going to fart into a jar and sell it as an NFT.
https://nypost.com/2021/03/18/nyc-man-sells-fart-for-85-cashing-in-on-nft-craze/
March 18, 2021, 06:00:06 PM
lulz
Won an auction on Twitter bidding 1.2M sats for a limited edition swedetoshi Honey Badger finger board.
Won an auction on Twitter bidding 1.2M sats for a limited edition swedetoshi Honey Badger finger board.
Someday you will look at this thing and say "I could have bought a Lambo for that."
And you will be cool with this. At which point you will experience total bodhi
March 18, 2021, 05:58:15 PM
Does that mean that bitcoin will go to 149059014590 % ?!?
Infinity > insert whatever percentage you may like.
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