Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 17/10/2022, 02:32:06 UTC
⭐ Merited by Paashaas (1) ,vapourminer (1)
This guy obv knows nothing about bitcoin. Sir, do you have $20,000,000 to do that? I bet if you actually had that amount of money you would much rather have 1000 bitcoin than have your millions devalue every day from inflation.

I doubt that you have adequately worked out your own hypothetical Crazy_Bitcoin... and Natalie doesn't look like no guy to me.. but hey what do I know?

If you have $20 million value and you have the choice to have it in dollars or bitcoin, you do not have to put all of it in one, and you have other choices where you can put that $20 million, too... so I doubt that you would ONLY choose between dollars and bitcoin; however, if dollars and bitcoin were your only choice, in the short term, you might be o.k. with 50/50 or something that has a high dollar amount relatively speaking.. I have a hard time considering wanting more than 30% in dollars, if I was given the choice right from here.

With the passage of time, the dollar is guaranteed to lose value.. anywhere between 2% and 40% per year, and currently it seems to be losing at least into the lower double digits.  With bitcoin we cannot really be sure, but seems to have pretty decent chances of gaining against the dollar in the coming 4-10 years.. maybe even in the next couple of years, but surely no guarantees. 

Do you have a more specific timeline that you would be considering Crazy_Bitcoin. 

Some of us have talked about $2million-ish being entry-level fuck you status in the west.. so having 10x fuck you status.. seems to give a lot of options, even if someone wer just wanting to sitback and to live off of that amount for the next 30 to 80 years, it would not even seem hard to manage, but if your ONLY two investment choices were the dollar and bitcoin, it would be problem to have anything more than 30% of that in dollars, currently or even considering a longer investment timline.

That amount is too easy to work with, and there would be more of a challenge if the amount was right at fuck you status.. such as $2 million or if the amount was 1/2 of fuck you status $1 million or a 1/4 of fuck you status $500k.. Those would be more challenging questions if that was all the money that you had and your only two investment choices were between dollar and bitcoin, then how would you apportion your investment, I would be more inclined to be in around 85%/15% weighted towards bitcoin, but I could see why some folks might prefer to have something in the neighborhood of up to 30% in the dollar currently, but I would have trouble considering any short term allocations of more than 30% in the dollar, if dollar and bitcoin were my only two choices.

This signature campaign managers new rule might have something to do with the influx of newbies.
The newbies must earn 1 merit a week to stay in the campaign, and he manages a lot of campaigns.
I want to burn this website to the ground RN

I know that some people do NOT like the term "tolerance".. but there is likely some value in getting along with others.

#just thinking out loud.. and not even trying to be any kind of commie love dovey tree hugger.

BREAKING:🇫🇷 French banking giant Société Générale approved to offer Bitcoin trading and custody.  Shocked
  Source: https://twitter.com/BTC_Archive/status/1581583663791108097
NEW: Cryptocurrency technology cannot be stopped - Kevin O'Leary

Well, Bitcoin can’t be stopped.
Ethereum is literally censorship compliant.
https://twitter.com/BTC_Archive/status/1581362669344657409?t=7X_V6gF-gW3a-lJ63Ctf_g&s=19
I propose a ban of the words "JUST IN", "BREAKING" an "NEW" in the WO

Ah.. ha.. !!!!!!

Evidence.


The censorship police are out.

Trying to censor merit whores.    Shocked Shocked Shocked

What a world!!!!   What a world!!!