Quote from: Krubster on September 20, 2024, 10:52:36 PM

Quote from: JayJuanGee on September 15, 2024, 01:36:54 AM

That sounds like a very sustainable withdrawal system if you are selling 2% every couple of years, yet I think that many of us might recommend spreading out your sells to be several times every couple of years rather than 2% to cover a whole 2 years, especially since this seems more like a consolidation area (and close to the bottom) rather than anything close to toppy.

I usually just sell once every month, just enough to cover my expenses. Keeping (near) all of net-worth in btc at all times has served me well so far.

I don't know why I sold so much this time. I had more coins than usual on CEX (due to the Mt.Gox payout), maybe that's why. It was a moment of weakness, I'm not proud of it...

It sounded a bit strange to me to sell 2 years worth, and that was part of the reason that I was motivated to make a kind of hypothetical to try to make it seem like it makes sense, yet now you have disclosed some additional facts that make it even more complicated.. so I am thinking that I am just going to leave it. Sometimes we make overadjustments in one direction or another, and if we consider that we made a mistake, we likely can tweak our situation in order to take advantage of our mistake.. that's what I usually do. If I make a mistake, then I will make some kind of an adjustment to my plans to account for the mistake, and then after a bit of a passage of time, it is no longer feeling like any kind of major mistake, since whatever tweaks and adjustments that I make will tend to bring my finances and/or psychology back into balance.

Quote from: Krubster on September 20, 2024, 10:52:36 PM

Quote from: JayJuanGee on September 15, 2024, 01:36:54 AM

I keep trying to ask Gox creditors what they got.. and I keep thinking that the amount received by Gox creditors was around 15%-ish of the size of what they had on the exchange (GOX).. .. but I am not really sure why I keep gravitating towards that 15% speculation number.

15% is pretty spot on. I chose ELSP (Early Lump Sum Payment). Those who chose Final Payment would get around ~20% I believe, but they haven't been credited in full yet as far as I know. I just wanted it to get over with.

Now that you mentioned that, I recall hearing that there were different numbers for those who wanted to receive the payment right away as compared with those who would be willing to wait for a more delayed payout. It is amazing that it took right around 10.5 years to get any of the payouts (if we are considering February 2014 as the month that GOX shut down?), and so yeah it seems that payouts are still going to be coming for a while..even though I had read that an overwhelming majority had already been paid out in the past couple of months.

Quote from: nutildah on Today at 04:57:37 AM

Funny to see BTC doing so well yet the Fear/Greed index is right in the middle, at 50%.

Quote from: JimboToronto on Today at 04:25:04 AM

Crypto, crypto. Roll Eyes

There are some coins (4 years old or older) that have outpaced Bitcoin in terms of performance since their inception (of course this means you needed to get in at Day 1 of trading):

BNB - by 21,000%
Solana - by 1,500%
Polygon - by 600%
Dogecoin - by 400%
TRON - by 350%
Ethereum - by 300%

Keeping at Bitcoin's pace:

Cardano (+3%)
Monero (-3%)

Left in the dust:

Stellar (-82%)
XRP (-85%)
Bitcoin Cash (-97%)
Tezos (-97%)
Litecoin (-98%)

Just for fun:

Tether (-99.69%)

Spoken like a true - the real deal - shitcoiner. Roll Eyes

Quote from: AlcoHoDL on Today at 05:43:03 AM

Quote from: nutildah on Today at 04:57:37 AM

[edited out]

....................
As for other coins outperforming Bitcoin, I see this as a "division by zero" case. I.e., any coin starting at near-zero value could easily outperform Bitcoin (or any other coin) when it reaches a non-zero price (x/0 = ∞). I think, perhaps, a better way to assess performance would be to let the coin run for some time (a year?) and start from there (x_now/x_1yr). It would be interesting to assess and compare coin performance in this way. Which coin would win?

I had noticed that kind of arbitrariness too.. .. yet I surely would hate to invite shitcoin talk, since those kinds of comparisons likely deserve to go somewhere else, to the extent they matter anyhow... . which shitcoin is less shitty..? blah blah blah... a slippery slope likely not to be too pleasing to very many of the regular WO participants... we frequently have consensus in this thread is acceptable except the pumping of shitcoins.. so why start now, instead of taking such discussion to some other thread.. and if any of us might potentially be interested, then a link to such other thread could be left here.. .. kind of a courtesy.. not to get too distracted into shitcoin talk, no?

Quote from: AlcoHoDL on Today at 06:09:29 AM

I used Solgar's products. Specifically these:
Solgar Magnesium Citrate (200 mg) Tablets -- 2/day = 400 mg
Solgar Zinc Picolinate (22 mg) Tablets -- 1/day = 22 mg

I may have to give these or some variation of these a shot.