Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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"July 2024 – Trump Privately Refers to Bitcoin as “The New Oil”: In a private conversation leaked to the media (but not covered by the mainstream media), former President Donald Trump described Bitcoin as “the New Oil,” signaling a potential shift in U.S. policy toward digital assets. The statement suggests a recognition of Bitcoin’s growing role as a strategic asset in the global financial system."
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your take on this ?
Old news.
In my country most Bitcoin illiterate believes that adding BTC to your know it's. Sign of respect and wealth
Because of the price.
If someone is found wearing such a shirt, They would take it casual.
They are moved by the luxury they see not one in your wallet (If most even know what that is).
If I ever see someone flexing their wealth, be it bitcoin or anything else, my first thought is "what an asshole."Because of the price.
If someone is found wearing such a shirt, They would take it casual.
They are moved by the luxury they see not one in your wallet (If most even know what that is).
That's why "we" cannot have nice things.
Maybe boasting about one's crypto wealth is not such a bright idea after all?
Although I am worried as well.
Someone finds out you or a family member have a few dozen thousands in some wallet, that would be enough for them to take your key from you by force, because that is way easier than robbing a bank.
Interesting you mentioned this. I was about to go out to do my shopping and had on an old teeshirt I bought years ago that has BITCOIN and the logo splashed all across the front.Although I am worried as well.
Someone finds out you or a family member have a few dozen thousands in some wallet, that would be enough for them to take your key from you by force, because that is way easier than robbing a bank.
And then I was like "ok wait, I better change my teeshirt. Maybe ten years ago cool... today? No way. I don't need to advertise to that dude with the 5$ wrench."
dont wear my bitcoin tshirts out anymore either but now with "crypto-prez" pushing it maybe all the cool peeps are gonna wear them now? maybe ill start wearing my OG tshirts again
It does help to have some plausible deniability if others are wearing such paraphernalia.
"I was just wearing such t-shirt, hat and underwear to be cool like dose dee udder peeps."
So, according to this analysis, any coiner from 5 to 75 years old with 10 BTC can retire right now and live for the rest of their life by spending $100k / year (excluding taxes).
Sounds very promising. Will make many wonder why they are still employed...
Sounds very promising. Will make many wonder why they are still employed...
I knew that there was something a wee bit imprecise about the retirement projections, but I just could not put a finger on it.
there certainly where no weekend-pumps
@El duderino_ let's have a nap until next weekend pump 😴 Good night Duderino
trolling dee dude in his HODL sleep.
What did dee dude do to you?
Show me where he touched you?
there certainly where no weekend-pumps
but lots of FUDhttps://www.yahoo.com/news/trump-interview-says-doesnt-know-130844364.html
"Trump, in a new interview, says he doesn't know if he backs due process rights"
A little retarded to not know where a guy stands in regards to due process rights. We should all be worried if alleged "criminals" can just be wisked away and taken to other countries without notice and/or a right to a hearing.
Cited for view-ability
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Fancy...but easy to summarize: no matter what is your age, if you have about 10 bitcoins, you may retire or not work (as retiring at age 5 or 15 seems strange).EDIT ..and @AlcoHODL already said essentially the same before me, I just didn't notice at first, sorry.
As of today, I consider 17.166 BTC to be the threshold starting point today for earning an annual income of $80k in perpetuity, yet it may well take a bit of decently good BTC portfolio management to execute such a sustainable withdrawal without screwing it up... so then yeah, younger people might not need very much income until they have to support themselves, so it seems a bit unrealistic to be considering those who are less than 18 years old as retiring (and/or supporting themselves) prior to age of majority 18 years or whatever that might be depending on location/jurisdiction.
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I would need 30-35 btc as would like 175k a year from now til the end
now we all know I add corn but not at the pace to get to 35 btc in a year or 2.
My better chance is stack as best I can and hoping for 1 btc to = 500 k in under 5 years.
I am positioned to hold corn and stack for years to come and should not need to sell any until it reaches much higher than it is.