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$100k over and done with.
Next target: ATH in May.
One hundred k done.
Everything's green on my screen.
ATH in May.
#sobackhaiku
Seeming possible. 50/50? 51/49? Some other number?
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Oh, no, no, no! I would put it between 99/1 and 100/0, and that's being conservative.
Wow!!! That is a high level of confidence. You might want to leverage on those kinds of odds.
I would even take the opposite side of such a bet. I will put up 0.0001 BTC if it reaches such $109,356 or higher on or before we in June (UTC time). Otherwise you have to pay me 0.01 BTC. That would be in the ballpark of 99 to 1 odds, no? We could add one more zero to each of the sides of the bet to make it smaller (I pay you 0.00001 BTC if it reaches such $109,356 or higher on or before we in June (UTC time) - otherwise you have to pay me 0.001 BTC).
I believe that you really don't believe your stated 99 to 1 odds. Even though I probably don't believe 60% odds, I would proclaim 60% to be reasonable.. .but 99%..
By the way, we currently have some UPpity momentum, so new ATH prices could be reached within a day or two or within a week or two.. so I am not totally opposed to the idea being greater than 50/50 odds... even a wee bit greater.. but not 99%. There are not many future happenings (including market related) with 99% odds.
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You are interpreting my funzie comment using logic. I'm going to be a party poop and say that, when it comes to Bitcoin, I don't really believe anything other than "given sufficient time, it's going up," which is really a paraphrase of Saylor's "it's going up forever, Laura!" In that sense, betting on a specific date for the price to exceed a specific value doesn't make much sense to me.
I can understand your 60/40 choice, given the long sideways streaks we've been observing lately. But the bull in me wants it to be higher. Like 100/0, LOL!
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[edited out]
Yet another reason to never keep money in a bank unless absolutely necessary. For fiat currencies cash is king. For long term storage of wealth, Bitcoin.\
The only reason I got a bank account was to park the $2M+ I bought to buy my lake and land. Before that, I was bank-free.
Cash and Bitcoin are both anonymous (or at least pseudonymous). I've never had to produce photo ID to receive or spend cash nor pay any fees. I've never had cash put on hold for 5 business days. Transactions are time-limited only by the counting process.
Bitcoin can take a little longer but but only because most OTC and UTC exchanges depend on banks for fiat liquidity. Also exchanges require payment for their services. Luckily their fees can be fairly small if you establish good relationships with them.
Ultimately, cash is still king. There are no records of who, when, where, why, or how much.
Edit: Oops, I see JJG already touched on this as a reason to avoid banks.
It is difficult to live these days without banks and/or credit cards. Also exchanging bitcoin when you are traveling can be difficult and it can also be difficult to find local trading partners, and so many folks will go through exchanges rather than transacting directly. In the real world, from time to time, I do ask if I can buy a good or service in bitcoin (especially when I am traveling to differing places), and it is pretty rare that I find a cooperating counter-party.
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Exactly. Denying bank services completely is an extreme choice that will most certainly make one's life difficult. Having a bank account and a debit/credit card makes perfect sense for small amounts of fiat. Salaries don't get paid in Bitcoin, and 99% of shops don't accept Bitcoin. And, no, I don't much care about some database keeping logs of my supermarket purchases. Living Bitcoin-only is still impractical, unfortunately.
When in Rome, do as Romans do. But do it smartly.