I have 3 friends that actually listened; 2 of them are still holding strong. And yeah, J I am definitely extremely lucky to be in the position I am in... But again, getting rich wasn't the goal (albeit a happy accident). I was a supporter of the tech when the dollar side of it was just a pipe dream. Us chemists definitely made out and were lucky to see a real-world working use... (The kiddie pron guys though... they were the real early adopters.(If only I was a diddler!!)
I may not be as early as Jimbo... But I have the same collection of shirts, hats, buttons, and giveaways, and again, I don't regret those times, as we got to really be on the frontlines of an actual change in the world! I do for sure worry about Wrenchs, though, and have to look twice for them around every corner. And I have definitely taken a break spreading the "good word" (no one listens anyway)
Just need to get through September....
K
I am not sure if any of us was doing "god's work" merely because we happen to be early adopters and attempting to spread the word. Yet, at the same time, of course, times change, and so many folks in recent times have heard about bitcoin and they might even think that they know what bitcoin is, yet there are so many who are still quite ill-informed about bitcoin and there are also some people in which they have not really formed any impressions about what bitcoin is because they occupy themselves with other topics and they may well not realize that bitcoin is relevant to them and aspects of their lives.
For sure, I am torn about these ideas of why any of us should be scared to interact with others in the real world and/or to either bring up the topic of bitcoin or to pursue such topic if someone else were to bring it up... and yeah, even in the real world, their are trolls and disingenuine folks who are just trying to suck out information or to not contribute proof of work into a topic.. .I cannot necessarily blame folks who might be reserved in acting rather than talking and/or potentially talking in ways that are evasive and non-commital.. yet I see no reason to necessarily be guilty of the same kind of behaviors, since some of us have some knowledge about the topic of bitcoin and we might have some responsibilities, even though surely we are not forced to have to share information and/or to necessarily put our own-selves at risk.. but at the same time, we may well need to figure out for ourselves how great of an idea it might be to attempt to be secretive about bitcoin even though we might have mixtures of genuine and disingenuine people within the folks who will hear about our bitcoin discussions or even their coming to suppositions in regards to whether or not we have coin.
The tax free gift rate in the USA is a pretty good amount, relatively speaking compared with your mentioning your €2690 per person per year rate.
The correct gift rate is infinite. The specious argument that the government helps create the environment for commerce and therefore deserves a share (a lion's share, apparently) of sales and income is specious enough. That it somehow contributes to the interpersonal relationship that leads to gifts of sums of money is a completely unjustified position. The only actual valid interpretation of the gift tax is "I sees it and I wants it."
I am not opposed to taxes and/or arguments that certain kinds of activities might be more "deserving" of tax than other areas.. especially since I do consider that there are such things as public goods and/or that some public goods/services might not be produced without some kind of a reasonable public intervention.. .and yeah of course, abuses take place and yeah, sometimes systems for assigning of value to public goods/services can also be abused and/or abusive.
Wealth taxes do seem a bit problematic - even though there may be contexts in which they are not really unfair given other possible revenue sources (or other ways of extracting taxes to the extent that there is an agreement that some kinds of funding might be justified beyond mere policing and/or dispute resolution or the bare minimums of government/public service that some libertarians might consider as acceptable... not that the libertarians are correct on either assessments that government services are not needed and/or that some of the positive outcomes would not be carried out absent some kind of governmental overlay.
A long time ago, in one of my classes (I was teaching digital electronics to military trainees), I offered to give $1 in Bitcoin to anyone who cared to learn about it. A few students were interested, especially the females. I asked them to invest one month's worth of their allowance (paid to them monthly by the military academy) in Bitcoin. This would have gotten them a good amount, maybe close to 0.5 BTC at the time. But no one did what I suggested. Not to my knowledge at least.
Some years later, one of those female students (she had already graduated and in service by then) came to me, to tell me that the $1 I had donated to her had become $30! She asked me how to buy more, but when she saw the price she gave me the all-too-familiar "it's too expensive" line.
I rarely (if at all) talk about Bitcoin to nocoiners these days. It's not worth the effort, and there are the $5 wrench attacks to consider too. If you think it's too late, then it is. For you.
“If you don't believe me or don't get it, I don't have time to try to convince you, sorry.” |
― Satoshi Nakamoto |
It does help when some folks have gone through some personal experience to see the number go up angle that might also get them to consider why the number is going up rather than presumptively (and sometimes arrogantly) concluding that they understand it sufficiently to recognize that it is too expensive, when they are likely assessing it from an ignorant position that they cannot even appreciate their own lack of ignorance... and/or their presumptiveness.
I may have told this story previously, but I was with a group of guys golfing (actually at the club house after having had golfed - mostly like an amateur kind of a gathering which why I was there just to have funz), and we were mostly peers with maybe around 6-8 guys in the conversation, yet other guys milling in and out of the conversation, so it was maybe a total of 12 guys who participated in aspects of the conversation.
There were a few guys who were younger and some older.. and for some reason we were really going to town in regards to our bitcoin discussion, and I am thinking that it was early July-ish of 2019 since it seemed to have had predated covid, but it was still fairly recent in times.. so yeah the bitcoin price had gone from $4,200 to $13,880 and then crashed back down again.. so I think that I might have been talking with those guys around the peak of bitcoin's price for that run, even though the price had already begun to come down from the $13,880 price peak.
There were guys on the fence and several naysayers, and they were just having a good ole time ragging on me as the ONLY one who was really standing up for bitcoin, even though there were a couple of quasi-allies in the group who liked me as a person (so I had some respect in the group).. so yeah, it was a fairly fun conversation and a bit memorable for its intensity since from time to time, I was throwing out some insults towards guys who were proclaiming that bitcoin was a bubble or that it was a scam or that it was just some ephemeral phenomena... . Several arguments that I had already heard and/or addressed in this forum and also with other real life bitcoin naysayers.
A couple of the guys in the group said that they might want to get into bitcoin and/or to follow through with looking into bitcoin, yet I get the sense that none of them really did, even though they weren't exactly people that I see on a regular basis, so every once in a while I might see one or another from the group, and I might not even recall who was in the conversation or participated for some short periods, though surely several guys seemed to really enjoy the topic.. .There may have been some girls too.. but I cannot remember any specifically.
Some of the arguments about BTC price dynamics, I would suggest to not give too many shits about price, yet that those guys needed to get the fuck started buying bitcoin regularly and then maybe reassess after several years of accumulating and consider their involvement in bitcoin as a long term play rather than a trade.
Surely several of the naysayers of the group were correct for the next year or so, but they hardly could proclaim themselves to have been correct after October 2020-ish when largely bitcoin was going up and really did not come back below $10k or even below $15k anymore ever again... even in spite of the short-term period that bitcoin spent bouncing around between $15.5k and $20k in 2022 and even into parts of early 2023. Many of us would just love to have sub $30k bitcoin and even sub $40k bitcoin would be a dream to many guys in these current times. The odds of sub $40k or even sub $30k bitcoin ever happening again seem to be quite low, probably in the sub 2% territories, absent some bitcoin is broken discovery.
I think Bitcoin value moves more like this:
↓↓↓↓ ↑↑↑ ↑↓ ↓ ↑↓↑↑ / ↑↓↓↓ ↓↑ ↑↓↓ ↑↑↓ ↓ ↓↑↓ / ↑↓↓ ↑↑↓ ↓↑ ↓↓↑↓
You are like the
most scientific person that I never did meet.
In the end though, need to know seems to be the best policy and the number of people who need to know is somewhere close to zero.
This is a gloomy view of our needs (as a people - and even individually beneficial) to be able to socially interact based on a variety of topics, including something so important, such as bitcoin.
so fuck that four year cycle shit.
This might as well be blasphemy. Ignore the cycle at your own peril. Just like I told you ladder selling at $50K was a bad idea, ignoring the 4-year cycle is an even worse idea.
Ladder selling is not really a great idea for anyone who had not yet reached overaccumulation status - otherwise, if a guy is just selling at any price based on his needs or wants without expectations of buying back cheaper and he is well into overaccumulation status, then it doesn't really matter so much when he sells.
Things always look brightest right before the fall. We may get a MSTR S&P500 inclusion and a rate reduction this month and people will be piling into BTC in full FOMO mode. If that happens, I’ll be dumping more BTC than I ever have before with absolutely no regrets.
From your forum registration date, you have been involved in bitcoin longer than most of us, even Phil, and you still haven't seemed to figure things out.
You want to trade as if you are smarter than everyone else who is buying?
Good luck with that. Probably the reason that you are still fucking around trying to trade is because on multiple occasions, you have still not learned your lesson, and you could have had more bitcoin than god, but you have been (and ongoingly seem to be) too busy being too smart for your own good.
But, hey whatever. Do what you want. You are again going to think that you are rich because you are holding onto a bunch of dollars.. and if the BTC price does not come back down after you make your supposed genius move, then what you going to do? likely buy back at higher prices but not really disclosing your ongoing dumbassedness for thinking that trading dee cornz is anything close to being smart.
Of course, you are too arrogant to admit your lost ways both historically and the likely vacuousness of your current plan that seems to involve selling way too much too soon.
But hey.
You do you.
[edited out]
That's right. Not everybody will come and ask.
However that's exactly my barrier I put up before I even talk to them about dee cornz.
And also I never tell them to buy. Rather the opposite. I tell them who hard and painful it is to hodl through bear markets etc. I tell them they should view the invested money as lost. lol
Almost everyone accepts the challenge.
Maybe if it sounds too good to be true people won't believe it..?
I think that we have had this conversation previously, yet you are sparking me, again.
You claim to have a relatively high conversion rate? So you have a decently large number of folks who actually invest into bitcoin and are able to stay in bitcoin for at least a whole cycle after talking with you?
Poll
