Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
I am not exactly saying you need $5 Million to live in the US.
$5Million is my *UP TO* / most conservative reasonable figure for living with a NICE lifestyle in the US. It includes the following factors:
If $5million is your goal, then you need
BTC price BTC quantity
$5k - (anticipated lowest, currently) = 1,000 BTC
$8,600 - (today's price, while typing) = 581.4 BTC
$10k - (reasonable extreme bottom price in 2 years) = 500 BTC
$25k - (reasonable extreme bottom price in 5 years) =200 BTC
$100k - (reasonable extreme top price within 2 years) = 50 BTC
$250k - (reasonable extreme top price in 5 years) = 20 BTC
I personally believe that $2million is decently enough because that gives you $6,666 / mo of passive income. We should be considering average USA locations rather than the extremes of NYC or SF... .. of course, the higher the cost of living of your preferred location, the more that you need.
By the way, we should also know that BTC does not need to be your exclusive source of income or assets in order to still serve as "fuck you" money and also to be calculated while considering the balancing of other assets and possible income that you might have from other sources that would not necessarily interfere with your ability to claim to have reached a kind of "fuck you" status
I agree with a notion that 2mil is still probably OK in most of US (not in NY, SF, San Diego, San Jose and several more), but $5 mil is solid as a "FU money" (updated to $5mil from $2.5 mil) described here:
https://www.youtube.com/watch?v=qGC9FY65HBo
haiku motif that I stole from you know who:
Yesterday, corn was
such an easy game to play..
oh oh...yesterday
I had not previously seen that movie (the gambler), but that clip makes it look like a very interesting movie, and also yeah, very a propros of our discussion of adequate and sufficient aspiration levels.
I did watch the longer contextual part, too, and I like the lil part with the snotty waitress who refused to accept his ability to choose which beer... She surely would not be long in the waitressing business with that kind of attitude... but some of them do get like that.
