Still shitcoins.. and sure, they are related to this thread, so I am not going to bash you too much about that - except your assertion that bitcoin would hypothetically be in some kind of a competition with any of your chosen shitcoins.

ETFs are in a similar category.  You are correct, and I don't own any ETFs.  I am not opposed to owning any of the various bitcoin derivative products, and I might own some of them myself if my 401k funds were to have any of those as options from which I could choose them....   Sure, I could roll my 401k into some other kind of a service provider, yet I kind of like my current 401k, even though it is limited in what is available.

I would not mind off-setting some of my direct ownership of BTC also, so I am not opposed to anything that you are doing, except suggesting that those products are "competitors" with bitcoin.  They are ultimately inferior products, even if they may well give you higher returns and also ways to leverage and/or supplement your bitcoin investment.. and I am not opposed to that, within reason.. even though surely, I might suggest that guys who keep 100% of their holdings in various third-party custodian and/or derivative products would be problematic, even though they are free to engage in such conduct with their own investment choices.


Hory sheit!!!!!!!!

Don't do it. 

That would be a really dumb thing El Donado... Hopefully, you are not THAT dumb.  Perhaps? perhaps?


I doubt that block space is the ONLY (or even a significant) reason that people are reluctant to spend their coins.  There may be some hesitancy in regards to accounting, and yeah, if there were some de minimus amount (perhaps around $1k per transaction and $20k per month) that could be exempted from accounting/taxes, then that could be a step in the right direction.. but yeah, I am not sure if it would incentivize more merchants to start accepting bitcoin/.. Merchant's surely get worried about accounting matters, even though peer to peer we might not care about accounting matters, to the extent that we are able to peer to peer transact without being monitored and/or controlled... so many folks hold their bitcoin directly through third -party exchanges, too... but then what levels of direct transacting might we do with each other?  Go out to eat with friends, and then one person pays with a credit card, and then the other directly pays him in bitcoin?  Sell some kind of product directly to another person.. .. or even selling a good/service under the table rather than through formal accountings, getting back to merchant interactions, no?


You ready to take the other side of the bet, yet? 

I know.. where we are at is not really a good feeling, except good to see ethereum continuing to reach newer and newer lows against BTC.

It is not too common that bitcoin would still pump when a variety of other markets are dumping...and I am not saying that bitcoin is correlated in the BIG picture, even though in short-term intervals there does tend to be a considerable amount of correlation..

If we spike down into the $60k's we might end up getting a mindrust or two out of the matter (even if there might not be any public admissions of such).

I will admit that I will get worried to bounce down into the $60ks, and I might even consider that we are out of the bull market if we were to stay in the $60ks in any kind of an extended way.