No corn? Go buy some.
Enough corn? Go have some fun.
Stop the bear talking!
Some guys might be unsure whether they have enough.. or on the border of figuring out if they have enough or more than enough.
It is likely a good feeling to a status of knowing that you have enough.. even if, from time to time, there might be flashes of uncertainty.. regarding whether "that enough" really is "enough."
My take on this:
Ideally, with Bitcoin, one can never really have enough. Realistically, with Bitcoin, one may not have enough right now, but may have enough 3 years from now, i.e., the "enoughness" of a given amount of coins changes with time, with the threshold steadily getting lower (as indicated by the 200 WMA).
I get into arguments quite frequently regarding the "having enough" idea since I think that it is possible to have enough and/or more than enough, and I tend to give examples of what might be considered "enough" or "more than enough" - even though surely I will admit that our ideas of "enough" / "more than enough" may well change from time to time.
Surely one of the challenges remains with guys themselves who likely continue to create higher and higher goals for themselves, and I am not sure if it is young person's problem or just a personality problem that goes across the ages of people.
So for example, maybe a guy initially creates a goal of $2 million that he considers will generate an income of $6,666 per month.. and so then he considers that to be a reasonable goal since his current income is about $40k and $3,333 per month (prior to taxes), and so then he considers that if he doubles his income, then that may well be enough... but then as he continues to ponder over the situation as he is building up to getting to such status, then he starts to think about how it might even be better to own a $3 million house (free and clear) and at the same time still have the $6,666 per month income, but then he realizes that the $3 million house is going to cost much more to maintain than his current $300k house, so then he considers that he is likely going to need around $12k as his monthly income, and that might also allow him to consider various other recreational activities and travel.. but then wouldn't it be easier to travel and have recreational activities with a private plan and a yacht? Those things cost quite a bit of money.. and to get a safe plane and a decently comfortable size yacht, that is going to cost a bit of money to get those and then there would also be needs to maintain each of them and to store them... so then he starts to think that me might need several more $million just to purchase those items, which also means that he may well be better off to have similar sized houses in a couple of other locations.. so then it starts to become a bit more complicated and it is now starting to add up into $10s of millions rather the original ideas that only a few million would be enough.
I am not sure about the solution to the "having enough" ideas.. since there are surely some personality particulars that are involved with trying to figure out the difference between being sufficiently happy and at the same time accounting for some of the burdens that might attach to the actual ownership of certain kinds of property.
The point of my haiku was that, difficult as it may be, one must set an "enoughness" threshold, so that one can decide whether to keep accumulating or to start making use of his/her coins. Otherwise, one may end up becoming obsessed with HoDLing, to the point of never spending any, until old age sets in. This is very important. The target should not be Bitcoin accumulation for accumulation's sake, without some real-life set goals. Bob built a ranch, Jimbo bought a lake. That sort of thing. At some point, those magic numbers in our Trezors or paper wallets must start being transformed into real-life changes. LHB for some, freedom from wage slavery for others, maybe a high-tech laboratory for a mad scientist, or the ability to travel and experience the world like the Dude's escapades.
Fair enough.. I am still getting some kind of sense that you are not quite sure if you have enough in order to transition, and there is nothing wrong with that, either.
By the way, with the dude.. I am not sure if the back story is long enough.. since from my own perspective, there is likely a need for an accumulation period and then maybe a slight break and/or transition and then perhaps starting to spend at that time, whether it is sustainable withdrawal or if their may be some intentional depleting of the principle.
I have frequently talked about my own dilemma in regards to my own needs to spend more, and I am still having some challenges in that direction .. and of course, sometimes we don't want to necessarily overly share in some of our own personal details, even though I don't mind throwing out some from time to time details that involve some aspects of some of my spending choices.
And, please, people, stop the bear talking! We've been in a bull season since 2015.
That seems like a personalized version of bitcoin.. and I suppose that i have nothing against it.
It is like saying: "I heard about bitcoin and got into bitcoin in 2015, and it has been bulling ever since."
Not an inaccurate statement... but still contextually questionable.
I feel that I can personally relate to bitcoin from the late 2013 time that I got into bitcoin, yet at the same time, I personally have decided to start with any of my meaningful bitcoin price analysis (history and comparative analysis) from January 2012 - which I find it somewhat easier to give bitcoin a little bit of a start and then to consider its starting price from $5.. $5 for the spot price and $5 for the 200-WMA, as it more or less existed at that time, even though in January 2012 bitcoin only had an actual history of around 150 weeks and a price history that probably was ONLY around 75 weeks.. so perhaps even my January 2012 starting date is a wee bit fictional.. and maybe it would be better to start bitcoin's history from when there was actually a full 200-WMA in place. .so perhaps your seemingly random choice of 2015 would be as good of a date as any. I went through my own bitcoin formative time in 2015, too.. even though I had been in bitcoin for slightly over 1 year at the beginning of 2015.
[edited out]
You know, Bitcoin has two small problems. Not Bitcoin, but how the world sees it.
1. Speculative asset: Which it definitely is. Not by design, but with derivatives and leveraged trading. Not a first order Bitcoin problem.
2. Too-good-to-be-true asset: With it's historical price development, Bitcoin is expected to crash into oblivion, sooner or later. Ordinary people are afraid to invest because they fear it's the absolute peak every time they even think about getting their fiat into BTC.
I don't have a problem with either of these two assessments, except maybe a problem with claims to "boil the problem down" to two.
To the disadvantage of the retail market, smart institutional money are using these two sentiments to get cheap corn OTC. They will be the ones dumping on us, and if not, they will be the Bitcoin banks of the future.
It is what it is.. so what are we going to do about anyone getting into bitcoin and attempting to use it or manipulate it to their best advantage. It seems that Bitcoin was already designed with this kind of a dynamic in mind.
It's not that complicated. Well, in all its details it is, of course, but overall these two are currently the biggest problems in Bitcoins price dynamics.
I don't get too excited when folks either say it is not complicated or that the situation is simple, even though surely you tried to hedge your "it is not too complicated" statement.
Well, this and people are seemingly thinking more short-term than ever before, to their own disadvantage.
my few cents
The short-term thinking demonstrates a kind of brokenness of fiat incentivized systems, so you are highlighting one of the underlying dynamics that bitcoin was designed to address.. .. when you think about it.. the soundest asset/currency known to man...and yeah, will man be able to break it or not? that might be the 21 million dollar question.. ... and each of us still ends up acting to protect ourselves in this whole mess, including making sure that we get some (or have some) in case it catches on...and it doesn't get broken in the process.