Quote from: Hueristic on November 18, 2024, 08:09:03 PM

Quote from: JayJuanGee on November 18, 2024, 06:12:56 PM

Quote from: AlcoHoDL on November 18, 2024, 03:34:52 PM

I wonder what he uses for seed storage/backup.

Just imagine him (or anyone of us, for that matter) losing the master wallet seed. Shocked

Historically he had been accused of ONLY holding all the keys at Coinbase, and then he hinted at having several custodians, so it seems that his custodial solutions are not very clear - though maybe I am missing any further disclosures that he had made in more recent times - since I would speculate that anyone investing in his various bitcoin accumulation (and HODL forever) strategies would want to have some assurance that he is not going to end up losing the coins.

*we don't have to care what he alluded to or hinted at, transparency is a feature.

Transparency is a feature of the bitcoin blockchain once you know which addresses are associated with a person or an entity, yet there are still quite a few ways to achieve privacy, even with public companies there aren't any current requirements for them to show all of their BTC addresses.

Even in bitcoin, I doubt that there is consensus in regards to how to get exchanges to show their reserves (the BTC that they hold), even though there are some exchanges that have chosen to implement proof of reserves, yet there still isn't any kind of industry standard.

Quote from: d_eddie on November 18, 2024, 08:46:53 PM

Quote from: JayJuanGee on November 18, 2024, 07:37:38 PM

Quote from: d_eddie on November 18, 2024, 05:09:42 PM

Go up, scrape the sky
Fall back down and stir the mud
Liquidity hunt
#haiku

Maybe this time my attack of your haiku contents will play out MOAR better in my favor.. .. so here "we" go..

the downs and the UPs will end up extreme
MSTR buying $4billion-ish puts too much of a floor on the correction
blow off tops are likely to not stop taking place

I basically agree with much of your analysis about past, present and future blow off tops.

However, that haiku was merely intended to comment on the most recent price action.

In part, that was my criticism, since I would have had hardly considered our dip from mid $93ks to $88k-ish to be hardly anything important, and surely not in any mud... Get us into the $50ks I might start to come around to the idea of stirring mud.

Quote from: d_eddie on November 18, 2024, 08:46:53 PM

We passed through extremes from under 88k to over 93k, with wide and quick ups and downs often spanning over 4k.

I doubt that quantities are very relevant since at these prices, $4k is hardly even 5% price moves.

Quote from: d_eddie on November 18, 2024, 08:46:53 PM

In 5 days, we had an ATH, and after that we significantly oscillated 6 times. That doesn't seem physiological post-ATH price dynamics to me. It smells like stop hunting. Likely just shaking the tree and clearing the road for big moves ahead.

You might be right.. even though it seems like a lot of noise to this here cat.... and many of us know if there is a lot of price move, then the order books go a bit empty, so then it causes the BTC price to move around a lot more rapidly and frequently it will take time for the order books to fill back up.

Quote from: d_eddie on November 18, 2024, 08:46:53 PM

Haikus are so terse
That's the point of short poetry
Being misunderstood
#haiku

I find them a bit limiting for the kinds of things that I would like to say, even though sure it is possible that every once in a while I could attempt a more artsy-fartsy presentation style.

Quote from: eXPHorizon on November 18, 2024, 09:56:27 PM

Just remember that you chose Bljatcoin and that the events to come are a direct consequence of your choices.
Ya fkin greedy clowns

I would hardly characterize an investor and a HODLer as greedy, even if we might consider someone who might choose to put 10% of his income into bitcoin, so perhaps over 10 years he invested 1 whole year of his income into bitcoin.

So let's say he invested $100 per week over 10 years, and that would be about $52,000 invested and nearly 37 BTC.

How is that Greedy?

You are implying that he should have already started to sell at some point?

Perhaps this guy was was fairly young to the workforce in 2013 .. maybe late 20s or early 30s.. and he was not really sure if he would be able to just retire from his bitcoin early as he was accumulating it, so he just continued to accumulate it, and so after 10 years, he might be having a bit of a dilemma whether to stop working or not.. or choose some other kind of work.. Is that greedy?

I personally believe that having nearly 37 BTC would put such a guy at fuck you status even if his aim of a lifestyle would be to raise to want to start withdrawing $100k per year. Sure he may well have the dilemma of buying health insurance which will add more to his costs.

Even if we use the 200 WMA as the valuation of his BTC stash, with 37 BTC, he still has right over $1.5 million in valuation. Personally, I think he would be o.k. withdrawing around $100k per year or $8,333 per month. Would that be greedy?

Quote from: d_eddie on November 19, 2024, 10:30:41 AM

However, option pricing is an art and a science. I doubt they would be underpriced, especially if launched in the ~~middle~~ early stages of this bull run.

FTFY