I won't run out....            Even though my chart only goes up about 8x from current price, but I suppose I can add a few more lines onto my projections to account for these real probable situations.

... I anticipate that even if BTC prices were to shoot straight up to $1.28million faster than the timeline, my formula for selling does not allow me to run out, and probably I wouldn't even go below 50%, if BTC prices were to shoot straight the fuck up.....

I already have too much fiat, now, so the problem of too much fiat seems likely to exacerbate based on these totally "reasonable" BTC price projections... really gonna be problems of the 1%... OMG    

It is a little mind boggling that anyone would sell during the weekend knowing they could sell for 10-20% more on Monday. Can a bear explain the mentality?

becoin = smart


grn = dumbass

 

Seems like I be learning new words from the WO BIG hitters, yet I am not too sure if I am going to be able to use it any time soon... perhaps?  perhaps?  Usually, need to hear an idea several times before it sinks in.

Regarding your being happy, I am very glad for you to be in such a status.  

Regarding your supposed diversification status, I imagine that should be a good thing, and it seems to be the case that if some folks have already gotten rich through traditional investments, they may get a quite a bit more nervous to sleep in what they would consider to be very high levels of bitcoin... however, if bitcoin ends up being in the s-curve adoption and exponential growth that a lot of knowledgeable bitcoin investors believe, then your asserted practice of continuously skimming off profits seems quite likely to leave you way too fucking underinvested in bitcoin when the rocket leaves the launch pad.. and you might not be able to catch up.. unless you are able to team up with Elon Musk and get your own rocket to meet us already in bitcoiners some where in the outer regions.. .

But, whatever floats your boat.. if you want to constantly skim profits into dollars and that makes you happy, great for you, but it would have caused you to have a pretty fucking poor performance to HODLers if you had been employing that kind of strategy for bitcoin through its so far nine years of life, and you may well know you seemingly bank shill that there remains a decent possibility that bitcoin is still in its very early stages of growth and adoption.

got a small eth rig hashing at 265MH/s
What hardware r u running?

Maybe the dumbass part is that you subsequently explain a context that makes more sense?  Initially, you made a description that suggested that there is some kind of decent and widely applicable practice that is good to be taking 50% of your profits in fiatNever said that. I said "I sell 50% of my earnings daily"... when the more accurate description seems to be that supposedly, if you are to be believed with your shifting storyline, you are earning income in bitcoin and thereafter you are attempting to invest (or HODL) 50% of the coins...

In other words, your initial post were misleading, if you are attempting to be descriptive about what you are doing... so maybe the dumb-ass part is that you seem to be engaging in purposeful shifting of your story and attempting to mislead?  Hopefully you can work on that.  

holy shit! r u really doing 850Ths?
Got some pics of your rig?
How long have you been doing it?
How much $ is your power?
Whats your ambient temp?
Do you use server PSUs? Do you have custom PSU looms?

andrew@perceive.nz

I think that you have adequately answered all of the questions. so thanks for that.  I don't really believe that we need to disclose any of our specific BTC holdings in order to discuss at what levels of prices would allow us to make substantial life changes due to BTC price rises (or anticipated rises). 

Sometimes you will find me and others baiting posters into disclosing aspects of their BTC holdings and surely any of us will understand if you keep some of your specifics private.

I believe that with a large number of traditional investments, they theorize that you should be able to withdraw around 4% per year from your investment in order to maintain the principle in the long run...   It is possible that bitcoin could perform so well that it allows for higher withdrawal rate levels that would still preserve the principle - including the possibility of 10% per year withdrawals... but conservatively 4% is usually safe with a traditionally diversified portfolio of investments....

so one thing is withdrawing and maintaining the principle, and another thing is if you decide to draw down on your principle as well of course none of us will live for ever and one of the most certain things in our life is that we are going to die.. not meaning to end on a negative note.


NOT.

Which part?  Are you signing and referring to yourself, or did you have some kind of an emotional outburst that you could not contain?.

Might you NOT understand that a large portion of any battle when interacting through quasi-anonymous forums is not to lose your cool? 

The principle seems to apply in real life interactions, too... that is assuming that you are a person rather than a bot.

When people get emotional, such as you are, they say all kinds of stupid and inconsistent things based on incomplete thoughts, as you are.  

If you are going to say something, then why don't you flesh out your ID-ers a little bit, and 'splain a bit about what the fuck you be talkin bout....

Otherwise you impress ur selfie as a babbling troll-like creature that won't be lasting too long in these here parties.

Accordingly, I hardly remember our conversation and you be dwelling and harping and harping on something and going on and on about something that ain't nuttin in ancient history (by the way, a day or two ago is ancient history in bitcoinlandia, including the Wall O'threadia )... GET a fucking grip, grn!!!!!!!  

Ok question for the snowbirds. I know you're here. Is Quadrigacx above board? I have no reason to doubt they are, but I've never trusted them before with large amounts.

Sure. But not that way. Change of PoW is a last resort and extremely risky option. It's just one step lower than pushing the mutually-assured destruction button. It is more of a deterrent than a practical alternative.

The guy doesn't even hold BTC. No wonder he doesn't fear the consequences of taking that action lightly.

Also, it seems that if he ever had BTC and sold it, he didn't pay his taxes. He doesn't even check the tax report he submits it seems (or he should already know what is and what isn't automatically reported and included).

I still remember the level of stupidity he showed when he asked for the price his donors paid for the BTC donated to him. And when people tried to tell him how wrong he was, he didn't listen.

He is a good coder though.