Quote from: philipma1957 on Today at 10:25:55 AM

Quote from: JayJuanGee on Today at 02:39:07 AM

[edited out]

I am only giving out the 0.0105 to the survivor you or him not 0.0105 to each of you.

the other 0.0105 is for me so I don't feel too stupid about giving away the 0.0105
https://btc2.trezor.io/address/3Mw9mvjTjWtpxhmctdLa5Awj5gGUbSChKV
it is done. I put in 0.01052 which should mean the fees are cover.

the gift would be 0.0105 to jjg or fillippone
the rest to me.
the chances are meh as not many live to 105

If I recall jjg you are over 40 so you would be over 80 as for fillippone I do not know if you are in your 20's or 30's

All of that makes sense, yet the whole overall principle of retaining some BTC for various points into the future should be part of any person considering himself as a longer term bitcoiner, and there are a variety of ways to plan out the future or to divide your BTC stash in such a way so that you would likely never run out of BTC, and sure the larger your BTC stash, then the more BTC that you have to work with, even though it seems likely that the amount of BTC that you need tapers off into the future in such a way that you need fewer and fewer BTC in order to get the same bang for the buck out of them.

Frequently the reason why many of us suggest that guys need to get to a state of overacccumulation of his BTC prior to selling any beyond sell and replace. Yeah of course, if you are a miner, then you have more income coming to you as BTC, so you would be justified in selling more of your BTC on a regular basis, but it still would not excuse you into selling BTC that you should be allocating towards getting towards your place of an overaccumulated status.

Of course, some folks have already established multiple sources of income (and investments), so they would not have to have their BTC to serve as their main source of income, even once they reach a stage of continuously withdrawing from their BTC stash...so of course, if many of us have recognized bitcoin as the soundest of the monies, then we spend from our other income sources (and assets) prior to drawing from our bitcoin, and sure there could be instances in which some value is drawn from each of the sources, yet it seems to me that it is widely known in bitcoin circles that the bitcoin is the one that we want to grow for the longest before we start to draw from it... so in that sense if maybe we have reached something like 5 BTC and we have a fuck you status level in which we want to be able to withdraw $6k to $7k per month just from our BTC, then it may well be into late 2030 or 2031 before that 5 BTC could serve as a complete income for that level of fuck you status...even though right now it is more like 19.3 BTC would be needed for that level of fuck you status...

and no I am not going by spot price but instead going by the 200-WMA as my measure of how many BTC are needed in order to reach fuck you status for that level of income. By 2062, we may well ONLY need around 0.16 BTC in order to have the same level of fuck you status, and whether those projections account for the debasement of the dollar might signify that an extra cushion is needed in regards to making sure that we are not just measuring the debasement of the dollar but instead what we can get for our perceived income of $6k to $7k per month in today's dollars in comparison to what we will get in the future for that same amount... so yeah, frequently if we are making future projections in regards to how many BTC we might need, we have to make sure that we are at least attempting to account for the debasement of the dollar or however we might be attempting to measure the value of our bitcoin in the event we might be using today's dollars as our reference point.

Quote from: freedomno1 on Today at 03:52:04 PM

Got to love the numbers looking forward to the December rises if bull market election years and the pattern remains it will be fun ahead.

Yep, since we have been in price discovery mode for most of November, there might be a question regarding whether Upcember is sustainably within the cards. I would think that the odds are at least slightly greater than 50/50 that December will be up rather than down.. by the time we get to the end of the month.