<snip>Don't make me have to go back and quote your specific posts, since it was not even that long ago in the whole scheme of things.. that you were sell contemplating.
I believe that I was discussing a possibility, not a certainty...additionally, sometimes when you describe your 'fears' on the internet "paper" (white space), they go away for a while, at least.
Finally, as everybody knows, hodling (or dip buying) is not easy.
Ad astra per asperaOk. Largely you seem to be suggesting that any recent past post that you might have written that happens to conflict with your current lovey dovey feelings about cuddling your cornz was merely therapeutic rather than anything that we should take seriously.
I find this to be retarded and just plain wrong. In fact, every sale of Bitcoin has a buyer, so if you're buying Bitcoin, you're buying it from someone selling it. That's not causing the network to be strengthened or weakened, the electricity that goes into mining strengthens the network.
Secondly, not everyone has either been in Bitcoin long enough to be independently wealthy or been able to start from a level that they could reach that later on. I know a guy who recently had to sell some of his bitcoin so he could pay for heating oil. Should he have frozen to death instead?
I say do what you want, the Bitcoin network doesn't care, and why do we have money? It's not just so we can have the biggest pile at the end.
This may seem ironic for those of you who know me. Those of you who know that know I have Bitcoin, but I live a very simple life because I just don't feel the need to spend it. But I see that as being different. That's my choice. It's not me telling other people what to do with their money. In fact, I kinda don't want to be told myself.
Sometimes the things people say about Bitcoin begin to sound like a religion, and I get it. It's a big deal. It's changing the world.
But it doesn't solve every problem, and it's not a religion. It really shouldn't be.
I get what you are saying about Saylor speaking from a bit of an elitist perspective, yet I think that he is on a bit of a mission to be extreme, to make a point and to help others to see the point of investing into bitcoin when you have discretionary income to be able to. Surely there are people who do not have discretionary income, so they won't be able to buy bitcoin, but it is not really based on their choice. There are also folks with very low levels of discretionary income, and they are going to struggle to buy bitcoin.
I imagine that Saylor's attempt at an audience relates to folks who have a lot of discretionary income, yet they are still failing/refusing to buy bitcoin. Some of those people still want to proclaim (or to believe) that Saylor is a fool and that Saylor is crazy, rather than actually appreciating that they are going to need to act rather than sitting on their hands, otherwise folks like Saylor are going to keep buying as much BTC as they are able to buy with whatever money folks are willing to lend to him (at relatively cheap rates) in order that he can continue to buy bitcoin.
So, surely Saylor is exaggerating a bit to make a point that is not untrue, and some other rich people, governments and/or institutions are slowly getting the message that Saylor continues to shout from the rooftops and also contributes to the movement of the BTC price to go up faster than it would have had otherwise - except some dummies want to fight Saylor and his ideas (especially no coiners, bitcoin naysayers, shitcoin pumpers, beartwats and those kinds of folks.. perhaps even fence sitters), and to act as if there is no urgency to get bitcoin sooner rather than later, since the price of bitcoin is going to continue to go up whether any of the intended audience members individually chooses to take Saylor's bitcoin pumping messages seriously or not.
- Hates the "privacy" aspect of Bitcoin
- Cheers on central control of Bitcoin
- Has probably never made a single Bitcoin transaction
- Knows fuckall about how it works
Sorry Mario, the cheerleader you're looking for is in another castle.
There is no one true bitcoiner, especially since bitcoin is for friends and enemies, and I do recall some funny instances in which Saylor was asked certain kinds of basic questions about transacting with bitcoin, and he was not able to answer, yet he has probably made some efforts to learn some of that.. perhaps? perhaps? but even if he has not, it is not like there is anything that any of us can do to stop him from using bitcoin in the way that he wants, including through custodians..
How many would I have stacked if I'd paid pennies instead of dollars and stuffed mobos with videocards?
the answer, as always, is
never enoughbullshit. 210,000 btc is enough. 1 percent of the entire stock of btc works for most every one.
Except mikie saylor.
Paints a heck of a target on your back to own 210,000 btc.
With dee cornz, you don't need to be so unrealistic with such pie in the sky numbers in order to appreciate how powerful it is to be able to start to withdraw from it once you have reached an overaccumulation amount. It reminds me of some young folks who might be of modest means (maybe even middle class folks) are asked how much money do they need to be rich or independently wealthy.. and they will claim some stupid-ass and outrageous number that is in the Billions of dollars, which is not necessarily even close to true, and not even realistic. These same folk would probably be able to live twice as great (or even more) as their current income level (and standard of living) with $1million to $2million, and surely with bitcoin, there are ways to assess it's value around $800k based on the 200-WMA (bottom prices) to figure out realistic ways of being able to live off of that.
From my perspective (and formulas for sustainable withdrawal), 21 BTC is greater than entry-level fuck you status in the west, which I measure to be currently at
18.11 BTC based on the 200-WMA being at $800k with that quantity of cornz on today's date, and my projection that an income of $80k per year (10% of $800k) is likely to be infinitely sustainable with that quantity of cornz as the threshold entry level, even accounting for the debasement of the dollar and perhaps some desires to increase withdrawal amounts based on increases in the cost of living..
bullshit. 210,000 btc is enough. 1 percent of the entire stock of btc works for most every one.
Except mikie saylor.
Paints a heck of a target on your back to own 210,000 btc.
He doesn't hold the Bitcoin, nor does Microstrategy; its custodied, split between Fidelity Custody and Coinbase. I'm willing to bet he doesn't hold his own, personal stash either.
https://cointelegraph.com/news/arkham-intelligence-microstrategy-bitcoin-fidelityThis defeats the entire purpose of bitcoin.
As I said, its unlikely that he personally has ever made a single bitcoin transaction.
He probably did as he certainly read a lot about it, by his own admission-thousands of hours.
It would be silly not to try.
Saylor is a pretty smart guy, with quite a bit of technical understandings too. He seems to learn complicated things fairly quickly, and sure he does not know everything, even though sometimes he does come off as a bit of a know it all. It would be quite implausible that Saylor would have not tried out some of the various wallets in the past 4.5 years since he has been learning about bitcoin and even teaching bitcoin related matters and even putting on various seminars about bitcoin and providing teachings about bitcoin through hope.com.
Saylor's speciality has to do more with institutional financing kinds of matters, but he also knows hands on matters too, and surely, even if he might not want to spend too much time working with wallets, I would imagine that his team members have set up wallets and even dinkered around with lightning nodes.....just for funzies, even though Saylor does not seem to be intricately familiar with various discussions about some of the trials and tribulations that relate to transacting in bitcoin, and he has poo-pooed some of the ideas of transacting in bitcoin and then gotten beaten up in regards to those points in previous times, and even backed off of some of his snootiness in regards to transacting in bitcoin.
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