I was just trying to get a count of WO members who ran their own nodes, with or without Lightning.

I have zero faith in cryopreservation.

I have zero faith in "uploading consciousness".

Anesthesia is like sleep, I don't consider going to sleep the same as dying. What differs it mainly from a mind upload is that your brain processing is continuous and it's not possible for several "instances" of "you" to exist simultaneously and grow apart.

I mean if I copy your brain and place it in a new host body do you expect to wake up in the other body? What if the original body (with your original brain) is revived as well? You would be 2 separate individuals with no direct brain connection.

I think the only way to preserve continuity is through the "ship of theseus" (see: https://en.m.wikipedia.org/wiki/Ship_of_Theseus) by slowly swapping out parts. So I believe in rejuvenation and transhumanism.

Edit:
And really play or watch SOMA. It's awesome.

At the risk of waxing political, I learned from my accountant guy, overnight, that the majority of my tax obligations for 2018, were due to Obama's Affordable Care Act.

I cannot begin to describe the bitterness and anger I am currently experiencing.

Picked a bad time to quit drinking. Goddamnit.

In the interests of National Security, yes.


Meanwhile, in Mugabe's Africa...

That is unkind Jay. We have no reason to think Bob is anyone other than exactly who he says he is.

The safest solution is to say nothing to your wife.

It is frustrating waiting isn’t it my friend. We could be sitting on absolute gold mines but most of us have to wait for the price to increase fairly significantly to realise those riches.

It’s frustrating working, kissing ass at work & continuing about your daily business when in a few years we can probably all say ‘fuck you’ & walk out.

Nothing comes easily so patience it is. One day brother, one day.

Just make sure you don’t sell everything at 63k. Whatever you continue to HODL can act as a pension pot when you’re old & wrinkly. State & bank pensions fucking suck any way.

I don’t even know what 1 bitcoin will be worth when I’m retirement age but I’d be willing to bet it’ll be a fuck load more than if I put £200 a month into a shitty bank based pension.

It's the rhetoric.  

I am quite certain that if you started erecting spars 15 miles out in the gulf of Mexico and posting on FB about your libertarianism and self sovereignty the reaction of the USCG would be swift and unequivocal.

Global enclosure is nearly complete.  I really think that, short of an orbital Lagrange platform, the aircraft carrier is the only way.

dial up multi-line BBSing was the the thing in my day.

i remember using telnet and lynx back when you could still get pure text web pages.

I think 50K is pretty conservative

Funding rates to borrow $BTC on Bitfinex hitting 100%+ annualized. This funding has rippled to Bitmex as well.

At these rates, it takes a little over one month for a 10x short to get liquidated even if BTC doesn't move. A 50x short gets liquidated in under a week.

https://twitter.com/zhusu/status/1122527945094905856

Demand, Demand Everywhere

Sex is not allowed during the day (period of fasting)

you can have sex from sunset to sunrise.

So build the shaving/skimming into the plan. That's all I'm saying.

This is Bitcoin. If your plan does not consider the possibility that the price overshoots by at least an order of magnitude more than you -- in your wildest dreams -- would dare to hope, then u r doing it rong.

Does your plan say that you are going to run out of BTC at $1million?  Or will you have some left?

Sometimes I play around with my BTC price trajectories, and I recall that when the BTC price was in the triple digits, my trajectories only went a bit above $10k, but as the BTC price continued to go up, I expanded some of my trajectories to go to further prices, and some of that is merely cut and paste and others just update to go to BIGGER numbers once I change the base numbers in the fields (the where the BTC price is at numbers).  

I have no fucking idea about whether BTC prices will even come close to the upper ends of my current price trajectories, but still in 2017, BTC prices easily surpassed my earlier versions of my BTC price trajectories.  I just looked back and I see that my more bullish and forward looking trajectories only went to $5k when the BTC price was in three digits, and as the BTC price went up, my inputing of new numbers into the formula such as then current price and then current BTC holdings would cause the trajectory to adjust upwards, but still in 2017 the BTC price seemed to be wildly outpacing my BTC price trajectories  and I had to adjust the shown BTC prices therein to keep up with BTC's price movement, and also consider whether my trajectories were matching up with how things were actually playing out in terms of my cash flow..

One of my questions to myself during that time was whether what I was doing was in the ballpark of my BTC price trajectories, even though in earlier times the trajectories had seemed pie in the sky, theoretical and even crazy to some people, my question to myself was to match whether they were being played out in the ballpark of my plan(s).
 
Anyhow, when BTC prices went to nearly $20k it became justifiable that my BTC price projections should go at least to $100k, and there was one point, in recent times that I thought that it would not hurt to copy and paste my formula to see how the BTC price trajectory plays out in a further out upwards BTC price projection, just in case.. let's see how $500k looks..  

Sometimes the way that I talk about what I am doing is weird, too.  For example, I will say that my formula just continues to incrementally sell about 1% of my BTC stash for every 10% price rise, but at a certain point, even though the practice shows that I should continue to sell BTC and accumulate fiat, the ratio of fiat value to BTC value does not really come down very much, even while it is continuing to build fiat and to diminish my BTC holdings, and it seems that I kind of get stuck into the 90% BTC to 10% fiat ratio territory....  

but if I look back in the price trajectory at my BTC holdings today and compare them to my projected BTC holdings at various price points, I will see that if BTC prices were to make $500k, I would have sold a bit more than 30% of the quantity of my today's bitcoin holdings.  Even though I did not cut and paste further data, I am sure that the numbers are not much different in the event that BTC prices were to get up to $1million.

The sell off ratio continues to maintain about a 90% BTC to 10% fiat ratio, which seems to cause an ongoing generation of a lot of fiat, and during that process my BTC widdles away so slowly that it is maintaining the decently large base of about 90% - even if I look at it more closely over the whole stretch, and I will see from the earlier times, I had sold about 30% of my stash from the earlier days (kind of assuming that the price goes straight up rather than buying some BTC back upon price drops), so at some points, it looks like these kinds of projected rises in BTC prices causes me (and likely many other BTC hodlers) to become quite rich.. and maybe even too rich overall.

Anyhow, BTC prices going up causes "good problems to have" for HODLers, and I am thinking that I will have to figure out ways to spend so much excess money (again a good problem to have, if BTC prices play out in that upwards direction)...  

"Bitcoin is too volatile, it will never be money"


Bitcoin yearly volatility:

2011: 16%
2012: 11%
2013: 14%
2014: 13%
2015: 8%
2016: 5%
2017: 6%
2018: 7%

https://twitter.com/Rhythmtrader/status/1128657389677436928?ref_src=twsrc%5Etfw

How volatile is Bitcoin relative to gold and other currencies?
For comparison, the volatility of gold averages around 1.2%, while other major currencies average between 0.5% and 1.0%.

Let's assume that in the year 2023 BTC is 250K without hyperinflation in fiat (as per Draper's numbers since he nailed the 10K time spot precisely).
Whatcha gonna do?

Retire?
Buy RE in trendy places (SF, NY, London)?
Buy a ranch (not for me), maybe a house in the woods?
Travel (or alternating between golfing, skiing and parasailing)?

Anybody care to say?

My choices (in the aforementioned scenario):
1. Retire (70-75% probability).
2. A small apartment, maybe NY or San Fran or even LA (got tired of all the heat in TX). Location is more important than size. Views are much better in San Fran, but the city loses it's culture mix, apparently.
https://www.washingtonpost.com/lifestyle/style/how-san-francisco-broke-americas-heart/2019/05/21/ef9a0ac0-70ea-11e9-9eb4-0828f5389013_story.html
3. A basic house in the woods-Oregon, maybe.
4. A few trips to Europe, maybe Japan. Will go to a few CL finals, hopefully!

Oh, forgot to say that I would not do anything if we keep oscillating between 5k and 20K.

I seem to recall you betting down, previously, while bitcoin prices were going up.  

Difficult to lose money in a bull market, but some peeps manage to achieve such... including jonoiv.  This time is different?  hahahahahaaha

Good luck.....  

NOT.      

Anybody have a slight feeling we’re pumping too much, too fast? I think we’ll touch $10,000 but it wouldn’t surprise me if we corrected to $7,500 ish.

Just like sex....

Way too much way too early. 1% maybe at $100k. Maybe.

This is unsustainable. The price will be under $10k before the end of the year, and stay there until Libra takes over. Bitcoin is done. Short bitcoin.

I'm starting to lose motivation at work...

You boys should be ashamed of yourselves plastering these semi pornographic pictures all over this very serious thread.
What about these girls' characters anyway? that's what you should be wondering. Perhaps No 1 is interested in 17th century French Literature?
Perhaps Miss Middle escaped across the Syrian border with just a few coins and her wily conversational skills. The third one can obviously cater a banquet for 500 in her sleep and speak six languages. And yet you leer and lust like pigs smh

This is from their FAQ:

"When you receive cryptocurrency from an airdrop following a hard fork, you will have ordinary income equal to the fair market value of the new cryptocurrency when it is received, which is when the transaction is recorded on the distributed ledger, provided you have dominion and control over the cryptocurrency so that you can transfer, sell, exchange, or otherwise dispose of the cryptocurrency."

https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions

I guess you would have to have a good justification for showing what the fair market value was even if it wasn't on an exchange such as any trading activity you could find on this board or elsewhere.