Quote from: bitmover on January 16, 2025, 11:01:34 AM

Quote from: LFC_Bitcoin on January 16, 2025, 09:43:53 AM

Quote from: JayJuanGee on January 16, 2025, 09:40:29 AM

From my point of view, right now bare basic default entry-level fuck you status is 18.53 BTC. Horey sheit.. That is amazing..

Seems about right.

I think for later adopters though a great target would be to never have less Bitcoin than the miners block reward.
Obviously that number would decrease with the halving every 4 years (could align with people taking profit to improve life quality).

wow, 18 BTC is a lot for me lol

However, I still think that the block reward (~3 BTC) is quite low to think about FIRE or something like that... Anyway, 3 BTC is a lot of money anyway, but far from the "fuck you status"

Just keep stacking and the amount that you have and your entry level fuck you status are going to intersect at some point. For sure, you have to note that I have been using western default level entry-=level fuck you status, so surely your own entry-level might be lower, especially since on several occasions, you had already mentioned that you personally don't need western levels of standard of living expectations in order to still be quite content.

Another thing is that you can look at the charts (including the exact tool that you coded), and see that merely 1 year ago at the beginning of 2024, the bare minimum western default fuck you status under the formula that I propose would have had been 26.84, which truly is a 8.31 BTC difference, which is right around 31% fewer coins in one year... based on bottom prices (not based on spot prices).

I continue to be wowed by how much power exists within bitcoin as an asset class and as something that potentially allows a lot of normies to get to a place they would have hardly had any chances of getting to through various traditional means and methods.

Perhaps the punchline is that the quantity of bitcoin's needed continues to come down at quite empowering amounts - and yeah, sure it is quite possible that some folks are just never able to reach fuck you status, yet it still seems that if they are able to generate discretionary income and to continue stack away sats, then then their curves are approaching each other and with increasing chances of intersecting.

Quote from: Ambatman on January 16, 2025, 11:13:27 AM

Quote from: JayJuanGee on January 16, 2025, 09:40:29 AM

It is like saying some things cause other things.. Ok? And? What next? What is the point?

That I prefer Trees to sticks?

Do you prefer metal pipes to batman slaps too?

hahahahaha

Quote from: AlcoHoDL on January 16, 2025, 11:20:43 AM

Quote from: JayJuanGee on January 16, 2025, 09:40:29 AM

[edited out]

I'm pretty sure I have visited your JJG Sustainable Bitcoin Withdrawal Strategy page before, but, somehow, I didn't really get to play with it much at that time. It looks like a great interactive BTC management tool. How did I miss this? Bookmarked, thanks!

Bitmover collaborated with me to design that, and it came out very good in regards to substantive information that seems to differ from other tools (even though there are still a couple tweaks that I would like to incorporate), and even the historical back tracing part of the tool is quite powerful so that any bitcoin holder can see the extent to which various withdrawal rates would have had worked out under various BTC stack-size scenarios.. so potentially you could imagine starting out with a certain stack size in 2019 or some other date, and then withdrawing and then ending with a certain stack size today.. . I refer to the tool a several times a week.

Quote from: OutOfMemory on January 16, 2025, 05:51:08 PM

In the end, we're all human

Speak for ur lil selfie.