Quote from: JayJuanGee on Today at 06:16:22 PM

Quote from: AlcoHoDL on Today at 10:28:58 AM

Quote from: JayJuanGee on Today at 07:01:30 AM

[...]

these days some of us are either aiming for 0.21BTC, and some of us have admitted to reaching more than 0.63BTC...

Just consider how much more insight Billy nocoiner would be able to achieve merely from being in a kind of 0.21BTC to 0.63BTC accumulation range.. holey shit.. and for sure whole coiners are on another level these days.

[...]

0.21 BTC... What a ride! We've come a long way... It used to be 21 BTC, then 2.1 BTC. Now it's 0.21 BTC. Soon we're going to have to start talking satoshis. Something like 2.1M sats, 210K sats, etc.

Seems really logical regarding a kind of transitioning from fractions to whole units. The vast majority of normie peeps (maybe apart from mathematicians, statisticians and other numbers-oriented scientists like proudhon) have a decent amount of difficulties to work with fractions as easily as they are able to work with whole units.

Another kind of ironic dynamic seems to be that there seems to be a kind of natural progression from BTC to satoshis and skipping some of the labelling of the in-between units - and perhaps it really is NOT necessary to come to consensus regarding how to label the various in-between units.. at least not at this time, and dealing with satoshis might not even be that difficult.. such as working with large numbers of up to 100 million satoshis before we just convert over to bitcoin references.... o..k. o.k. maybe I am getting a bit ahead of myself in terms of some of the practicalities that might come from some kinds of labelling of some of the in between units.. because there is a bit of a bigness in even dealing with millions of satoshis.. sometimes those large quantities will not sink in very well and then when it comes to labels, it could still be a bit cumbersome to be dealing with 8 digits before getting into bitcoin as a unit... so practicalities are likely needed, practicalities.... but surely, there can be some resonance to for some newbies to proclaim that they are striving to reach their first goals of 1 million satoshis or even 21 million satoshis.. does not really seem to be lacking in concreteness, especially if talking about wealth accumulation goals (or early-stage investment goals).

Quote from: AlcoHoDL on Today at 10:28:58 AM

Owning whole coins used to be a routine thing. Now it's a holy grail. Soon it will be unreachable.

Check your privilege AlcoHoDL.. hahahahaha.. I hate to use that SJW expression.. but what the heck.

It is already very unreachable for the vast majority of peeps in the world - outside of the fairly well to do in the West.. and even the elite in the non-west to be able to easily get to whole coiner status. Sure, there was a bit of a window between May and July-ish of this year, and it is seeming quite likely that tho0se kinds of windows are closing.. I am not completely sure that we might not get some buying opportunities in the $40ks or even in the lower $50ks.. but jeez.. in the $30ks is seeming less and less likely.. and gosh even being able to stack those levels to get to whole coiner status would be from peeps who have already accumulated decent amounts of wealth in property, 401ks, equities and perhaps some other assets but not from normie wage earners who are building their wealth and we know it can take a whole hell of a lot of time to build wealth, even to get to one years salary.. which one years salary might be way less than whole coiner levels in the non-west and even in the west maybe we could presume a kind of average of decently higher level earners to be slightly above the amount of a whole coin.. and moderately well-to-do (or is that just another way of saying middle-upper class?) couples might be earning in around the $120k arenas...

Quote from: AlcoHoDL on Today at 10:28:58 AM

Think. Accumulate. HoDL. Don't end up being future sat beggars. Wink

Actually that is another decent reminder for just the mere practicality to ongoingly engage in building (stacking) of sat quantities - but there seem to be so many normies who are not even getting that message. Yeah maybe or maybe not they will get to a kind of goal of getting to 1 BTC.. but surely they are not going to get to 1 BTC if they do not get the fuck started as soon as possible and just have a kind of plan in place that might even involve goals of stacking for a minimum of 4-10 years and surely if they set their goals fairly modestly then they would have decent chances of reaching and exceeding their goals several times.. but there is a certain kind of benefit to consistencies and persistence... and even if some people do end up reaching/exceeding their goals through gambling, I have never recommended that kind of methodology.. because establishing and following through with the ongoing employment of a prudent and even a potentially quasi-aggressive incrementalist approach will still likely end up presenting such planner/accumulator into circumstances in which future opportunities will present themselves.. even if the opportunities (such as buying sub $40k BTC) might not be in immediate realistic ways to be considering what is likely or probable... but who knows about that, either... but have to get started, put a plan in place and then be in a better position (most likely) to identify and take advantage of opportunities when they do present themselves in the future.

Can't disagree with any of the above. Regarding Bitcoin units, I've also thought about the vast gap between BTC and sats (that's an 8-orders-of-magnitude gap). It's not so convenient to use 0.021 BTC, but neither is 2,100,000 sats. Perhaps we could say that we are currently in a no-man's-land kind of level in between the units... Some have tried to use mBTC, μBTC, and so on (proudhon would probably like that -- math, science and all). In those units, 0.021 BTC = 21 mBTC, which is quite nice. For some reason, though, those units never took off...

Newbies... From my experience, it's currently VERY difficult for the average newbie to get started in Bitcoin, due to its apparent "expensive" status. They all tell me that it's too expensive to buy. And the problem is not only in terms of understanding that one BTC is divisible by 100,000,000 units. Even when I explain this to them, they still don't like the idea of owning "only" 0.021 BTC. It seems far too teeny weeny tiny amount to them. They'd rather invest in cheap shitcoins instead -- they can be whole-coiners that way, except they conveniently omit the "shit" part in between...

Maybe this is really a feature, a way to filter out the weak hands... Anyway... What do I know? At my time corn numbers were whole anyway, LOL!