Quote from: Antisthenes on November 05, 2023, 09:27:29 AM

Quote from: goldkingcoiner on November 02, 2023, 11:00:37 PM

Knowing it is AI text makes me not want to read it, though. It feels like a waste of my time.

My feelings exactly, every fucking time I see a JJG post.

Me too.

Quote from: AlcoHoDL on November 05, 2023, 05:42:35 PM

Passphrase in my head.
Jay's going to hypnotize me.
Should I be worried?

Yes. You should.

Or not.

It's only money.

Cheesy

Reminds me of saying something about a recent meeting that I had with a real world guy about bitcoin, and I was showing him quite a few bitcoin-related things, and he was acting like he understood what I was talking about, then it became more and more clear that he did not understand very much of what I was talking about so I had to go from talking to teaching, and we were even going to do a bitcoin transaction.. that was part of the reason for our meeting, and his use of an intermediary to provide a bitcoin address for me, caused a quite a bit of frustration.. and gosh, I almost sent some bitcoin... but the delay in the communications of the intermediary caused me too many questions to be raised in my head about going through with any such transaction..

We did not end the meeting on bad terms, so I may well be meeting with him again, and we will see if we might end up doing a bitcoin transaction at some point.. I do not mind spending time with bitcoiners and/or bitcoin wannabe'ers so long as I don't end up getting taken advantage of too much.. .. and since sometimes there can be oversharing in these kinds of situation.. trust does seem to end up coming into relevance when dealing with people face to face and sometimes working out potential transaction terms and maybe just negotiating and even attempting to educate people who may well just be genuinely dumb, even though sometimes there might be questions about if they are genuine, genuinely dumb or something else might be going on.. but we sometimes take chances on people when we are interacting in the real world.. a world of quasi-strangers, a world of known people and a combination of those knowns and unknowns, and surely sometimes we feel better if several people we know are also acquainted with the person with whom we are meeting (kind of like a reference), but that still does not necessarily mean the person is going to act with correctness and do the right thing when the push comes to shove. and sometimes "the right thing" or the better thing or even a set of reasonable things is subject to interpretation.

Quote from: WatChe on November 05, 2023, 08:00:33 PM

Quote from: Hamza2424 on November 04, 2023, 07:35:08 PM

[edited out]

If you see price of Bitcoin 10 or 12 years back it was merely about 1 dollar or even less. In ten years time that 1 dollar has gone up to 67k$ and now a days trading at 35k. I was just refering to JJG doctrine that there is no point in Hodling Bitcoin forever.

That does not seem to be my doctrine, because I tend to believe in the idea of not selling all of your bitcoin, even if you might well sell on the way up, but never really with an expectation of being able to buy back.. but sure if you are beyond BTC accumulation phase and into maintenance stage then you are going to have different ideas, and I have not even worked out for myself liquidation stages, but there could be some circumstances in which you don't see yourself living very long, so you become more aggressive into your selling of principle.. not just selling profits (or passive income amounts)... But even in liquidation stages, there could be some legacy concerns too.. if something might be set up for legacy and being able to feel comfortable with the way it might be managed post death/incapacitation.

Quote from: WatChe on November 05, 2023, 08:00:33 PM

What you said about collectors might be correct as there are few here who have Bitcoin with average price around 999$.

Quote from: JimboToronto on November 04, 2023, 10:14:12 PM

I think that selling Bitcoin for fiat currencies because of the price is silly. I prefer to take my profits in Bitcoin.

If you must spend some of your Bitcoin, do so based on your need to spend, not on the fiat price of Bitcoin.

If you are looking to get profit in Bitcoin then 1 Bitcoin is still equal to 1 Bitcoin and will remain same even after 10 or 20 years.

That does not make much if any sense... are you saying that you could just set up a system in which you sell bitcoin forever, but you never deplete your principle? Those are the kinds of things that I am trying to talk about, even though surely personally, I feel that I need to be being more aggressive in my own employment of selling as much as I should be selling.

Quote from: WatChe on November 05, 2023, 08:00:33 PM

Quote from: Mate2237 on November 04, 2023, 10:56:55 PM

Yes of course. In any investment you use the profit made from the capital to buy things for yourself. You can't store your bitcoins in the wallet forever. When you die who will come spend the money for you therefore, you have to spend you profit to buy things and have some fun. I believed everyone is investing in bitcoin and when the all time high has reached then you sell some and keep some then use the sell money to buy things.

I will be happy if my Bitcoins are of any use to my family after I leave this world

Some kind of a succession should at least be considered, even if some of us might still not be sure if we have it worked out exactly.

Quote from: d_eddie on November 05, 2023, 09:53:45 PM

Sunday or Monday
Depending on your timezone
Ouch! A red dildo.
#haiku

But, it wasn't really that BIG.. did not even get down beyond the mid $34ks and we had lower $34ks just two days before that... It is not easy to get excited about these kinds of price moves, right?