But it’s on sale for $399! 😂
Controversy aside I don’t get the appeal. I don’t need more clutter in my house, and I don’t need work people knowing I’m a bitcoiner by displaying the clock in the background of video calls.
Timely post. I just got a notification from my bank (eek) that global money transfers will be unavailable for part of the weekend?
When was the last time Bitcoin was down for maintenance?
“The coin that will become more popular than bitcoin by market cap” — Some people, circa 2021.
But it’s interesting to see how things play out. Last cycle ethereum amplified the pumps and dumps of Bitcoin. Bitcoin was up 2%, ETH was up 6%. Bitcoin was down 1%, ethereum was down 5%. But now ethereum just follow along for the ride calmly.
My elderly mom who knows next to nothing about Bitcoin saw in the newspaper today that Bitcoin was above $90k USD.
My mom: “Do you still have some Bitcoins? It’s above $90,000. It’s a time good to sell”.
Me:
https://m.primal.net/MDBv.jpg
I do wish I could convince her to allocate a small portion of her savings to Bitcoin ETFs, even 5%, but some things are just not meant to be.
I actually don’t remember ever telling her about my Bitcoin holdings. Haha
So, the CRA (the IRS of Canada/tax collection agency) has been exposed by whistleblowers for mismanaging money, and now they are doing a witch hunt to find the whistleblowers because they are mad they were exposed?
WTF?
And I need to pay income taxes to these clowns?
https://www.cbc.ca/news/canada/cra-whistleblowers-bogus-refunds-1.7381266
These articles miss the mark. Same for the articles on El Salvador, they all refer to Bitcoin as a “Bet”. “Their bet paid off”.
Yes, it’s a bet if you only invest in Bitcoin for 2 months and try to time the market. Or if you are a day trader.
But if you HODL there’s nothing remotely close to a “bet” in holding Bitcoin.
That’s why I find the 200WMA chart so powerful. Everyone that held Bitcoin for 4 years or more is in the green. Not much of a gamble if you zoom out to remove the noise …
https://m.primal.net/MDCI.jpg
It would be unlikely to be broken, at least this cycle. Right now the 200WMA is at about 40k. It’s unlikely that the average price will be lower than 40k in the next 4 years.
That’s not to say that the 4 year average price will always go up. I’m sure one day there will be a 4 year long bear market which will break the up trend, but I don’t think it will be anytime soon!
I am not sure. Most ETF investors don’t have a hodling mentality. Any sell offs in the market will be amplified by the ETFs.
When the average investor will want to de-risk their investments, there will be a mass exodus in the Bitcoin ETFs which will drive prices down.
Yeah. With low interest rates it’s a fair point. But if history repeats itself between the peak of this cycle and the start of the uptrend of the next cycle I should have 18-24mo to replenish my bags. But it’s hard to predict the future! 😅
For your phone it doesn’t really matter as much as you shouldn’t have more than a handful of dollars, so whether it’s a custodial or non custodial wallet it doesn’t matter as much.
As far as I know most wallets supporting Lightning and zaps are custodial.
Some BS about the company (how great it is to work there from what you heard online and how you are impressed by what they are doing) and if you can mention projects or specifics listed in the job posting that’d be great too. It sucks but flattery will go a long way here.
Or just say “me need money for mo bitcoin”
Yeah, the beer is safe (fortunately), but it still sucks that they are closing the plant, which has been around in some form or another for over 150 years!
Sadly most probably lost the card too!
Can you imagine in 50 years:
- “When I was a kid someone gave me a handful of sats now worth $50,000 along with Halloween candies, but I lost the card.”
That’s a good idea. I get the comments that said “if they are new they will lose it don’t give them sats or bitcoin”, which is probably the case. They might lose it.
But they have to start somewhere and losing a few days is not a big deal. It’s not like I’d give them a full bitcoin! lol
Notes by pierre | export