That's why I'm holding to 2025 
Expecting anything disastrous to happen in 2026?
Covid26-pro sp2
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 5943. (Read 26714528 times)
March 08, 2021, 12:51:46 PM
Expecting anything disastrous to happen in 2026?
Covid26-pro sp2
March 08, 2021, 12:48:23 PM
A friend just bought this one..... cool isn’t it
If:
cool = another level of retard
Then:
I agree - cool
March 08, 2021, 12:47:50 PM
People always said that buying is better than mining (and they have been right almost all of the time), but where's the fun in just buying?
When you're an ex-miner, recognize how unprofitable and a pain in the balls it is to run a mining operation, end up doing the math on a miner + electricity + Time to ROI... fuck the fun.
Time is money. Cheaper to buy what you would spend on a miner now, than what it would likely generate 18 months from now, IMO.
Unless you have cheap or free electricity, I don't see the benefit of mining right now vs just buying corn outright.
Er, you could be mining right now with something that you bought 2 years ago for CASH.
The equipment is paid for already, now you are just stacking sats for LESS.
That, plus often neglected fact that the cost of equipment is amortized, possibly within one year (if you opened the LLC or some other entity).
Of course, you would need to declare mined btc as income; then, after you sell, that income becomes the base cost, which is subtracted from the sale proceeds (if you ever sell), generating cap gains.
March 08, 2021, 12:29:06 PM
People always said that buying is better than mining (and they have been right almost all of the time), but where's the fun in just buying?
When you're an ex-miner, recognize how unprofitable and a pain in the balls it is to run a mining operation, end up doing the math on a miner + electricity + Time to ROI... fuck the fun.
Time is money. Cheaper to buy what you would spend on a miner now, than what it would likely generate 18 months from now, IMO.
Unless you have cheap or free electricity, I don't see the benefit of mining right now vs just buying corn outright.
March 08, 2021, 12:25:58 PM
1BTC purchasing power!
There is maybe a bear market in between, so we go back to lambo from the house
March 08, 2021, 12:07:49 PM
[Multple stuff]
Just a quick note but when combining multiple posts, it is better to put the items in the new post rather than the already existing one (then delete the existing one) lest those who have already seen your original post miss it when looking for "new".
bold of you to think people dont want to miss anything jjg writes
*ducks*
March 08, 2021, 12:07:42 PM
Breakout to the upside coming, $50,000 is the new normal. Bears failing to take us lower & keep us there. Explosive breakout coming in the next 2 weeks. Looking at range of $65,000 to $75;000.
There goes my plan to buy more at $40,xxx
March 08, 2021, 11:57:27 AM
“Norwegian conglomerate Aker ASA (oil company) sets up unit to buy bitcoin.
The unit, called Seetee AS, is initially capitalized with around $58.6 million and has plans on keeping its liquid assets in bitcoin.“
https://www.businessinsider.in/stock-market/news/norwegian-conglomerate-aker-asa-sets-up-unit-to-buy-bitcoin/articleshow/81396855.cms
The unit, called Seetee AS, is initially capitalized with around $58.6 million and has plans on keeping its liquid assets in bitcoin.“
https://www.businessinsider.in/stock-market/news/norwegian-conglomerate-aker-asa-sets-up-unit-to-buy-bitcoin/articleshow/81396855.cms
March 08, 2021, 11:36:09 AM
soooo
inquiring minds want to know
edit: well not my mind really; i just sleep though all that crap
- is this number goes up day?
- or number goes down day?
- or number goes sideways day?
- or honey badger doesnt give a fuck day?
inquiring minds want to know
edit: well not my mind really; i just sleep though all that crap
Sideways until the stimulus checks drop.
March 08, 2021, 11:33:33 AM
Google is listening. This popped up in my recommended videos
https://www.youtube.com/watch?v=8HZp_25Fu2A
https://www.youtube.com/watch?v=8HZp_25Fu2A
March 08, 2021, 11:24:01 AM
Time to sell the future of money for colorful slips of paper printed at will by a cabal of megalomaniacs.
Colorful slips of paper printed
Time to sell the future of money
By a cabal of megalomaniacs
#haikuattempt
March 08, 2021, 11:23:07 AM
In contrast all my business ventures were non-profit. It wasn't planned that way, it just happened because I am very bad at serious business (read: selling people overpriced shit they didn't need in the first place <- my definition of todays growth-centric economy).
Heh, same here. Fortunately I am not bad at recognizing world-changing technologies and this time, had the confidence to do something about it.
March 08, 2021, 11:03:05 AM
These are the main aspects that just don't add up for me.
Or is there a very basic error i'm making in my assumptions?
Or is there a very basic error i'm making in my assumptions?
The main thing you're missing is orbital mechanics. The ISS experiences earth's gravity quite strongly and so do its occupants yet they are in freefall. Relative to their local surroundings they appear to have no "weight" but they definitely do by physical definitions (and I don't mean mass which exists in all frames, of course).
The weight of the counterweight will be less but that's fully accounted for and not a major factor.
March 08, 2021, 10:53:40 AM
That's why I'm holding to 2025
Expecting anything disastrous to happen in 2026?
March 08, 2021, 10:52:54 AM
Breakout to the upside coming, $50,000 is the new normal. Bears failing to take us lower & keep us there. Explosive breakout coming in the next 2 weeks. Looking at range of $65,000 to $75;000.
March 08, 2021, 10:45:12 AM
1BTC purchasing power!
That's why I'm holding to 2025
March 08, 2021, 10:40:38 AM
I wish I'd left my miner running a bit longer. Though it was definitely not worth the electricity, it would have paid off. But then again, so would buying Bitcoin with the dollars.
People always said that buying is better than mining (and they have been right almost all of the time), but where's the fun in just buying?
I have always mined for fun and education and it served me well in both areas.
I have also almost always mined at loss (only counting the leccy, not even trying to ROI the miners), but today I am quasi-retired thanks to my MAHUSP (Mining And Holding Until da Shit Pumps). Though since I pay the leccy much later than I use it, it was basically buying on credit and once I had to pay the leccy I was already in profit most of the time.
In contrast all my business ventures were non-profit. It wasn't planned that way, it just happened because I am very bad at serious business (read: selling people overpriced shit they didn't need in the first place <- my definition of todays growth-centric economy).
I even plan to buy a few of jstefanops SHA256 pod miners and play the solo lottery with them. I really like how he brings mining back to the unwashed masses.
March 08, 2021, 10:38:44 AM
Looks like it lost a booster at the end there.
It lost even more a short moment thereafter (once landed)
March 08, 2021, 10:33:51 AM
I heard you like rockets so I made this gif
this is a video capture from the first successful landing of the new spacex starship rocket. I don't know how they made it, it looks unreal, computer animated. Most likely a drone captured that.
this is a video capture from the first successful landing of the new spacex starship rocket. I don't know how they made it, it looks unreal, computer animated. Most likely a drone captured that.
Looks like it lost a booster at the end there.
March 08, 2021, 10:28:22 AM
1BTC purchasing power!
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