......
Start $ StartDate % gain /time Time Price/BTC #BTC
$0 11/23/21 6.00% 182.6 $50,000.00 0.00000000
DCA-$350/Wk
Date $Value DCA-Add TotInvstd Profits Price/BTC #BTC
5/24/22 $9,646 $9,646 $9,100 6.00% $53,000 0.18200000
11/23/22 $19,871 $9,646 $18,200 9.18% $56,180 0.35369811
5/24/23 $30,709 $9,646 $27,300 12.49% $59,551 0.51567747
11/23/23 $42,198 $9,646 $36,400 15.93% $63,124 0.66848817
5/24/24 $54,375 $9,646 $45,500 19.51% $66,911 0.81264922
11/22/24 $67,284 $9,646 $54,600 23.23% $70,926 0.94865021
5/24/25 $80,967 $9,646 $63,700 27.11% $75,182 1.07695303
11/22/25 $95,471 $9,646 $72,800 31.14% $79,692 1.19799342
5/24/26 $110,845 $9,646 $81,900 35.34% $84,474 1.31218247
11/23/26 $127,142 $9,646 $91,000 39.72% $89,542 1.41990799
5/24/27 $144,416 $9,646 $100,100 44.27% $94,915 1.52153584
11/23/27 $162,727 $9,646 $109,200 49.02% $100,610 1.61741117
5/23/28 $182,137 $9,646 $118,300 53.96% $106,646 1.70785960
11/22/28 $202,711 $9,646 $127,400 59.11% $113,045 1.79318830
5/24/29 $224,520 $9,646 $136,500 64.48% $119,828 1.87368707
11/22/29 $247,637 $9,646 $145,600 70.08% $127,018 1.94962932
yeah if I sell my share of the business in 27
that extra 1.52 btc
along with the coin I earn and hodl
and the coin I get from selling the business
and the GOV pensions
and the wifes 401k
would mean f you status at the 'young' age of 70
For sure it is good to have a kind of outline of a plan that potentially projects out where you might be in terms of all of the different aspects of both BTC and fiat denominated assets... and sure there is likely some residential property ownership that is already in the mix there too (if I recall correctly), and surely whether bitcoin out performs the 12% annual expectations of the chart or underperforms, that could both affect how many additional BTC you are able to accumulate, but surely it should not necessarily be any kind of deal-breaker in either direction.. .absent a complete crashing of BTC, which is also a non-zero chance, but still many of us realize that the downside risks of BTC have been becoming more and more long-shot scenarios that should not really be part of our main planning (even though we should have some preparations in case such an Armagaedon scenario were to playout).
Of course, I would think that if you have already accumulated a few BTC, then BTC over performance scenarios would be preferred to underperformance scenarios, even though you would end up getting fewer BTC in your years to come ongoing accumulations, the value of the BTC that you already have would gain in value higher than the marginal adding of the new BTC, and that seems to be part of the justification that so many of us prefer that the BTC prices go UP rather than DOWN, but of course, many of us are not even too much damaged by even short-term negative BTC prices, so long as the BTC prices ultimately end up going UPpity... whether that timeline is 4 years or even something like 5.5-ish that you seem to be tentatively outlining...
Another thing could be that you end up being able to pull your fuck you lever before May 2027, perhaps even a year or two before that.. no need to be too rigid if you are making preparations that might well allow for such. There are outlier scenarios that could see bitcoin prices reach supra $1 million in this cycle or even up to $10 million in the next cycle, so I would imagine if any of those upside outlier scenarios were to play out, then you would be in a position to have more options to accelerate your entrance into f-u status.
For sure, I am not really the kind of person who gives too many shits on a personal level if $1 million to $10 million BTC were to happen in this cycle or the next cycle, but it seems that sometimes there still are needs to at least consider that these kinds of outrageous happenings could end up playing out.. so in that regard, there would still be some needs to attempt to psychologically and financially prepare for such outrageousness if it were to play out... part of the justification for preparing for outrageous would be so that we would not panick either if the outrageous ended up happening or even some milder version of such outrageousness.
Bring the science, or fuck off.
You fuck off ur lil selfie....
#nohomohahahahahhaha
I could not resist.Not everybody was too bullish.
Not our favorite characters:
VERY true, and where would we be without them?
You know who I think mostly was too bullish? I think it was mostly the class of ~2017. And particularly the millennials and under. I remember a podcast where Matt O'Dell was lambasting "Bitcoin TINA" for being too bearish while TINA was saying something like, I see us making 6 figures in early to mid 2022. O'dell was still chanting things like "100k by conference day" and also embarrasingly drunk.
Bitcoinners who have been around the block a time or two realize that bitcoin never does what WE expect in the short term. LOL. And someone like Tina might have gotten in around then too, but has seen enough markets to realize that things often take more time than we think...
I actually want to find that recording and isolate the bit where Tina still has a chance of being right.
Nothin' against O'Dell. He's a good guy, and I am impressed with his devotion to privacy. Though I also think his ideas that regular bitcoinners will EVER be able to do the kinds of privacy preserving stuff he preaches even more sophomoric than "100k by conference day" even was. That said, he is quietly being dragged (uncomfortably) into Monero along with the rest of the privacy focused maxis, which is delightful to see... (ok JJG go ahead)
You make some decent points outside of your shitcoin shilling..,and for sure one of the issues that any of the public figures are going to have will be to end up changing some of their views publicly, and also making bold statements and then being wrong. Some of those guys doing podcasts are not very old, yet I am not going to claim that they are really taking away from the space in any kind of meaningful way when they are either publicly wrong or that they might sometimes put out some bad ideas. Many of us are guilty of putting out some bad ideas, and it becomes more likely the more that we say. Sure, I am not proclaiming to be clean of a variety of possible internal contradictions from time to time, and maybe even more frequently than I would wish.
Another likely related thing is the mere responsibility for our own thoughts and actions, and sure any of us could be lulled into actions that we have not sufficiently thought through for ourselves, and there have been times that I have been blamed (perhaps partially only) for some action that some member took, and that seems to be a bunch of bullshit when people need to attempt to sort through the good, bad and ugly information that sometimes comes through some of the posts in this thread and/or on this forum... and yeah, sometimes there might be humor, and it may or may not go over head of another, and there have been quite a few times that I felt that I needed to ask about whether something was a joke or not, and sometimes the meaning of certain ideas that were purportedly meant to be jokes.
Poll
