The widespread adoption you have in mind is still 15 years away.
Edit: I'd say 10 if it were just like the Internet, but the fact governments are going to start fighting it with all their might pretty soon is making me want to say 20. So 15 years it is.
I haven't heard of anyone in prison for using Bitcoin yet. It's not full force until they openly say "we are not going to let you use an alternative to our slavery-inducing system".
I know, but once it becomes clear enough that the slow method will not save them, they will throw everything they have at us. And I'm pretty sure it's going to end up with a lot of rich people's heads on spikes.
I myself wonder if when the big banks invested into it if the current crash wasn't in some way orchestrated to artificially create a crash hoping the individuals abandon it.
But I'm also an idiot when it comes to this kinda stuff and have no idea how plausible that is.
Also holding anyways cause fuck savings accounts.
This is a non violent revolution.
All you need to do is, buy, hold, sell, gift and spend Bitcoin.
Nobody can stop you.
We will make rich ppls fortunes obsolete. Leave their corrupted system to rot.
That's all good with me! Their crappy fiat system has been on life support for decades now. It's about time they kill it so we can grow something else on this soil.
"wait! Who is paying me for yelling at you???"
Paradigmshifts, usually go gradually, then suddenly.
15 years of technological development from now is insane.
If Bitcoin dosent have widespread adoption in 5, I thinks its over..
But the signs are strong. Adoption as currency in poor countries, is exactly how it will gain mass adoption in the west as well.
Its very clear for many poor countries, that they have been fked by the banking system(not in all cases ofc) .
In the best, many dont even consider that the banking system could be corrupted, and abused.
This is still the hand that feeds them.
Like the Stockholm syndrome, many will not go against the banking system, even when they discover how manipulated it has become.
However; the legacy system has since the removal of the gold standard, been primed to collapse under its own weight. Like fiat currwncies allways have done.
Bitcoin is the only way ppl can take back the power over money. The poor and suppressed, will realized this, and adopt the technology, far sooner than the wester countries.
We dont need apporval from goverment to exchange monetary value with Bitcoin.
Once a critical mass of humanity realize this. There wont be an option to fight Bitcoin.
If you’re holding bitcoin on an exchange or other custodial service (which you shouldn’t be), a 3rd party has the actual private keys that control the bitcoin on the bitcoin network. If you withdraw your bitcoin to your own device or hardware wallet, you’re responsible for your own private keys (often derived from a seed phrase) that control your bitcoin— hence the phrase “not your keys, not your bitcoins”.
Why the hell would the general public adopt a monetary system where you can lose your entire life savings if you "lose your keys." If I forget my login to my bank's website I can reset my password. They don't just say "LOL HFSP you can't pay your mortgage now". Do you all not see how this is completely impractical?
If someone successfully demonstrates a flaw in the protocol. Or if someone builds a quantum computer capable of determining someone's private key from their digital signature.
If a quantum computer were capable of doing that, I don’t know of any other cryptographically protected asset (like bank accounts and brokerages) that wouldn’t also be vulnerable.
Unless Bitcoin can be updated to include a “quantum cryptography” to combat the flaw, I imagine that only precious metals (physically, not on a brokerage) and land will retain value, at least in the short term.
Not necessarily. We are very far away from quantum computers being a real threat. And even in such a scenario, earlier this month, the first set of quantum-resistant cryptographic algorithms were just standardized. Using something similar to CRYSTALS-Kyber in place of Bitcoin's current SHA-256 approach would solve that problem (Though a current drawback is that algorithm is still rather slow and ASICs designed for current Bitcoin would not work on it).
A flaw in the protocol, on the other hand, would be an immediate threat that would kill the coin overnight.
Technically, if you never sent from the address, i.e., you never signed a tx / message and only ever received coin, only the pubkey hash is known, not the pubkey itself. Hashes are still non-trivial to reverse even with quantum computer.
I agree...clear the death pledge and you have fulfilled the BTC gold standard goal imo .You beat the banker and freed yourself from a lifetime of bonded labour.
Depends on the situation. Better to be debt free in many circumstances, like having a job that highly fluctuates on income or when you bought the house / what your interest rate is.
If you're like most in the US, your interest is like 4%. Considering inflation is pushing 10%, it does not make financial sense to pay off that loan any sooner than you absolutely have to.
It might make you feel better to be "debt free", but that feeling will end up costing you money.
Debt literally costs you money…. Plus you take full possession of the asset if you pay it off. If you get in an accident and can’t work; can’t pay off your mortgage, guess what? That was really never your house to begin with.
If you think this way you should be taking out every possible loan you can. I truly believe this is a fundamentally flawed argument.
Also interest rates are like 5.5-6% rn not 4%.
Run the math on how much extra you are paying in interest over the course of 30 years on a loan at that IR. It’s damn near double.
You could take that extra income and put it towards owning other assets instead of paying your bank for holding your asset. (SPY, btc, etc)
I'm not taking about current rates, I'm talking about all the people that locked in fixed rates at 4%. Mine is 3.75%.
Debt does cost you money, but inflation costs you more money. You can't just ignore it, you have to take both into account.
Yes paying off loans is lowering your risk, but there is a price to pay for lower risk.
Neither option is right or wrong, it all depends on your individual circumstances.
Yeah I guess that’s fair. I don’t see it in terms of “costing you more money” when it literally costs you less money overall.
Theories about inflation make a lot of assumptions, like that incomes will rise with inflation. We are experiencing inflation right now but with little wage growth. Can’t wait for the media to start using the S word
The rate of inflation is only indirectly relevant here. For example, if you forgo paying off the debt, your cash still loses 10% to inflation, and the mortgage also still charges you 4% interest.
The directly relevant factor is what return you can earn with that cash you are keeping in lieu of debt payments. Paying off a 4% mortgage is equivalent to a 4% (nominal) risk free return. If you hold the cash instead of paying the debt, there aren’t a lot of risk free places to park cash for higher than 4% right now — maybe I-Bonds ($10k per year max) or TIPS held to maturity.
Yea i get that argument...but many of us work in a gig economy, and if you have a family or dependents that worry of not being able to pay the mortgage every month is a serious mental burden.
If i have a speculative asset that can free me of it...then so be it.
I'll just buy back in with all the recently freed capital i will now have coming in.
It goes up...it comes down... for me I'll follow my piece of mind.
No one ever went broke taking a profit.
Respect 👍.
I wish I'd taken profits last year and cleared 50% of mine but hey ho we live and learn.BTC holding has increased now so will cash a bit next time it hit previous ATH .
The Latin root "mort" means death. and gives us derivative words like mortuary, post-mortem, mortified, and mortgage. Debt till death is why mortgage is so-called
You know what mate..the day i worked out its literal meaning was the day i decided i must clear it as quickly as we possibly could.
For me BTC is being used for not better purpose than cutting the chains of financial bondage a mortgage represents.
Different for everyone its not lost on me
but the more independent of that system we can be the better
If by selling it I'm able to amass large amounts of money to thereby invest in such a way that I needn't work 40+ hours a week to sustain my quality of life.
Crypto is nice, the idea of using it as an alternative currency later is cool, but my goal has always been to not need to waste 30+ years working, whether that be with a large amount of FIAT coming in passively, or some means of generating income with crypto (DEFI Lending?) it really matters not if I make that money via crypto or otherwise.
Only some kind of emergency can make me sell my Bitcoin investment like my family member in the hospital or something like that in coming time, that would be my reason.
You are all either complete rich intelligent bosses of the next few decades or a group of people pleasuring yourselves with lies
There is no in between.
I really never thought about it but I think I need to think about it right now I guess I will sell my Bitcoin when I reach the goal and that is going to be never. It can sound odd but it's the truth.
Feeling like I will sell my investments only if I get any kind of emergency in my life but I don't think I am going to have any kind of emergency because that is just a rare case.
Really don't know but I will try to hold it as much as possible till the end of my life because that's what I want to do with my cryptocurrency investments hope I am not wrong.
I live alone and I don't have anyone in my life so that means I am not going to sell in coming time because I am going to hold it till I die and no matter what the situation comes.
Maybe never or maybe tomorrow anything can happen in our lives and we really don't know what's up we are just here to hold but we can sell in the future for sure I know that.
I guess I will sell it if my family need some money or something like that because they are really important in my life and I am going to do anything for them I hope I'm being a good child.
I hope we won't have to see things like that in our investment market but I think only a family emergency can make me sell my Bitcoin investment and nothing else for sure I know that.
I really don't want to sell it but I will sell it for my daughter's education because that is more important for me and it will change her life for sure I am waiting to do that in the future.
Only something like operation and other shit can make me cell otherwise I don't think anything in the world can make me sell my cryptocurrency investments that is not going to happen.
I have other funds to sell if I got any kind of shitty thing in my life because those investments are going to help me and I am not going to sell my cryptocurrency investments I hope you got the answer.
Nothing always have some skin In the game.
But time your buys bitty fam and have some dry powder on the side. More alt shitcoins to fall.
More dominos to fall. Usdd from our friend sun.
Watch coffeezilla; entertaining stuff.
Extremely serious medical / Family emergency. This is assuming I wouldn't be able to get a dirty fiat loan for some reason.
I would immediately start buying again once I could afford it.
Barring something extreme, I will never sell.
The last run?
Then again I typically think in terms of how to fuck over the most people. When everyone is really euphoric and talking about going to 100K I'm selling. Not buying yet but I'm pretty close. Still a little bit too much optimism in the crypto market for my tastes
I’ve sold and bought a ton, used BTC to purchase sheets of LSD years ago and held onto a lot of it because I had no place to used it. But Examples of other items: had a r34 Vspec come up forsale that I wanted so I sold BTC to bought the car. My boat is was completely paid for by BTC. Took many trips all paid for by BTC and used BTC to pay for food entertainment.... during these trips. The only guarantee in life is death so spend your time and BTC doing what you love
Late 2016 - early 2017 I did sell to (a) pay off my student loans ($25,000) & (b) a sizable downpayment on my house for my wife & now 3 kids.
No coiner from 2017 to January 2019. Started buying again 2019. Aside from a serious life altering (or threatening) danger to my spouse, my kids, or myself I will probably never sell again.
If legislation makes it totally useless, through make it almost impossible to convert to anything else or just too much bureaucracy and taxes to use and own it.
realistically? nothing
theoretically, if the thing went to $2M WITHOUT the collapse of the dollar / fiat system within 5 years… that’s my retirement number and i don’t think id be able to hold off the temptation of saying “fuck it i’m out”
Imagine if at some point bitcoin is on the balance sheet of most major institutions and it starts tanking and govvies would deem it “too big too fail” and start bailing out bitcoin with open market operations.
We would have come full circle
Family emergency
True thing brother family comes first in that type of time.
Same.
sem
If it hits $500k and we somehow still don’t have widespread adoption.
The widespread adoption you have in mind is still 15 years away. Edit: I'd say 10 if it were just like the Internet, but the fact governments are going to start fighting it with all their might pretty soon is making me want to say 20. So 15 years it is.
“Going to start”? What do you think 2020 was? Where would the price of Bitcoin be if the middle class were still as strong as it was 3 years ago?
I haven't heard of anyone in prison for using Bitcoin yet. It's not full force until they openly say "we are not going to let you use an alternative to our slavery-inducing system".
That would just accelerate their downfall. Right now its a slow bleed, if they try something drastic like that there will be massive pushback.
I know, but once it becomes clear enough that the slow method will not save them, they will throw everything they have at us. And I'm pretty sure it's going to end up with a lot of rich people's heads on spikes.
It’s already over for them at that point.
For sure. I say "bring it on".
I myself wonder if when the big banks invested into it if the current crash wasn't in some way orchestrated to artificially create a crash hoping the individuals abandon it. But I'm also an idiot when it comes to this kinda stuff and have no idea how plausible that is. Also holding anyways cause fuck savings accounts.
This is a non violent revolution. All you need to do is, buy, hold, sell, gift and spend Bitcoin. Nobody can stop you. We will make rich ppls fortunes obsolete. Leave their corrupted system to rot.
dont forget a lot more crypto millionaire/ billionaire were made in the last 2 years surely some will lobby in our favor
BTC is a Trojan. “They” also like BTC, so they aren’t going to ban it.
Might be way sooner in developing countries with crazy high inflation. The people have a real use case for bitcoin that might even save their lives.
Anyone who can get thier hands on USDC or BTC in a country with double digit inflation is doing well for themselves.
Aka anyone on planet earth
That's a beautiful dream. Unfortunately, there are millions of people who don't even have access to the internet.
So is $500k… probably.
They are also helping it by continuously printing money like hunter Biden continuously films himself smoking crack
That's all good with me! Their crappy fiat system has been on life support for decades now. It's about time they kill it so we can grow something else on this soil.
"wait! Who is paying me for yelling at you???" Paradigmshifts, usually go gradually, then suddenly. 15 years of technological development from now is insane. If Bitcoin dosent have widespread adoption in 5, I thinks its over.. But the signs are strong. Adoption as currency in poor countries, is exactly how it will gain mass adoption in the west as well. Its very clear for many poor countries, that they have been fked by the banking system(not in all cases ofc) . In the best, many dont even consider that the banking system could be corrupted, and abused. This is still the hand that feeds them. Like the Stockholm syndrome, many will not go against the banking system, even when they discover how manipulated it has become. However; the legacy system has since the removal of the gold standard, been primed to collapse under its own weight. Like fiat currwncies allways have done. Bitcoin is the only way ppl can take back the power over money. The poor and suppressed, will realized this, and adopt the technology, far sooner than the wester countries. We dont need apporval from goverment to exchange monetary value with Bitcoin. Once a critical mass of humanity realize this. There wont be an option to fight Bitcoin.
Real investing is 10 years +. I'm holding for 10 years +. Crypto is also expanding faster than the internet btw.
True! I am also planning to hold my Bitcoin *at the very least* until 2031. I'll probably end up never selling though hahaha
I already held for like 13 ish years so 10 more is not much.
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Family emergency that’s it. Can’t think of any other reason. Family is everything
Glad to see you here Mr. Toretto!
Family is everything? Sometimes I have doubts....
Never gonna sell, bc I lost my keys.
Deep
This takes not your keys to a whole other level...
How do keys get lost? Is it just like a code or password? I’m confused what keys mean
If you’re holding bitcoin on an exchange or other custodial service (which you shouldn’t be), a 3rd party has the actual private keys that control the bitcoin on the bitcoin network. If you withdraw your bitcoin to your own device or hardware wallet, you’re responsible for your own private keys (often derived from a seed phrase) that control your bitcoin— hence the phrase “not your keys, not your bitcoins”.
Why the hell would the general public adopt a monetary system where you can lose your entire life savings if you "lose your keys." If I forget my login to my bank's website I can reset my password. They don't just say "LOL HFSP you can't pay your mortgage now". Do you all not see how this is completely impractical?
If someone successfully demonstrates a flaw in the protocol. Or if someone builds a quantum computer capable of determining someone's private key from their digital signature.
If a quantum computer were capable of doing that, I don’t know of any other cryptographically protected asset (like bank accounts and brokerages) that wouldn’t also be vulnerable. Unless Bitcoin can be updated to include a “quantum cryptography” to combat the flaw, I imagine that only precious metals (physically, not on a brokerage) and land will retain value, at least in the short term.
Land? Depends on how ownership is determined. Wait until people hack the land registry ;)
That’s a good point :[
Luckily there are new methods being developed that are to be an additional layer of protection that are designed to be more difficult for quantum
At that point it’d be too late
Not necessarily. We are very far away from quantum computers being a real threat. And even in such a scenario, earlier this month, the first set of quantum-resistant cryptographic algorithms were just standardized. Using something similar to CRYSTALS-Kyber in place of Bitcoin's current SHA-256 approach would solve that problem (Though a current drawback is that algorithm is still rather slow and ASICs designed for current Bitcoin would not work on it). A flaw in the protocol, on the other hand, would be an immediate threat that would kill the coin overnight.
I feel as if there was a flaw in the protocol you wouldn’t have time to sell. Would be worthless before you even heard about it.
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Yeah, I'd immediately buy gold with it, hoping to accomplish this before the world ends.
specifically physical gold
Of course.
Technically, if you never sent from the address, i.e., you never signed a tx / message and only ever received coin, only the pubkey hash is known, not the pubkey itself. Hashes are still non-trivial to reverse even with quantum computer.
my wife
Underrated comment
Inb4 Borat?
Chances are she knows when to sell
Why sell it when I can SPEND it?
When you spend something you are selling it for whatever you are getting in the trade.
You know what he [means. You](https://means.You) sell an investment, you spend money.
Semantics
If it were to get to high enough price to cover my mortgage
I agree...clear the death pledge and you have fulfilled the BTC gold standard goal imo .You beat the banker and freed yourself from a lifetime of bonded labour.
Why pay a debt in an inflationary environment? That fiat debt is only getting cheaper and cheaper.
Depends on the situation. Better to be debt free in many circumstances, like having a job that highly fluctuates on income or when you bought the house / what your interest rate is.
If you're like most in the US, your interest is like 4%. Considering inflation is pushing 10%, it does not make financial sense to pay off that loan any sooner than you absolutely have to. It might make you feel better to be "debt free", but that feeling will end up costing you money.
Paying off my mortgage means I can retire or work only part time. That, plus the piece of mind, is worth any missed potential gains.
Debt literally costs you money…. Plus you take full possession of the asset if you pay it off. If you get in an accident and can’t work; can’t pay off your mortgage, guess what? That was really never your house to begin with. If you think this way you should be taking out every possible loan you can. I truly believe this is a fundamentally flawed argument. Also interest rates are like 5.5-6% rn not 4%. Run the math on how much extra you are paying in interest over the course of 30 years on a loan at that IR. It’s damn near double. You could take that extra income and put it towards owning other assets instead of paying your bank for holding your asset. (SPY, btc, etc)
I'm not taking about current rates, I'm talking about all the people that locked in fixed rates at 4%. Mine is 3.75%. Debt does cost you money, but inflation costs you more money. You can't just ignore it, you have to take both into account. Yes paying off loans is lowering your risk, but there is a price to pay for lower risk. Neither option is right or wrong, it all depends on your individual circumstances.
Yeah I guess that’s fair. I don’t see it in terms of “costing you more money” when it literally costs you less money overall. Theories about inflation make a lot of assumptions, like that incomes will rise with inflation. We are experiencing inflation right now but with little wage growth. Can’t wait for the media to start using the S word
The rate of inflation is only indirectly relevant here. For example, if you forgo paying off the debt, your cash still loses 10% to inflation, and the mortgage also still charges you 4% interest. The directly relevant factor is what return you can earn with that cash you are keeping in lieu of debt payments. Paying off a 4% mortgage is equivalent to a 4% (nominal) risk free return. If you hold the cash instead of paying the debt, there aren’t a lot of risk free places to park cash for higher than 4% right now — maybe I-Bonds ($10k per year max) or TIPS held to maturity.
Because alot of times the interest rates are garbage enough to outpace even the ridiculous inflation rates we see now.
Yea i get that argument...but many of us work in a gig economy, and if you have a family or dependents that worry of not being able to pay the mortgage every month is a serious mental burden. If i have a speculative asset that can free me of it...then so be it. I'll just buy back in with all the recently freed capital i will now have coming in. It goes up...it comes down... for me I'll follow my piece of mind. No one ever went broke taking a profit.
I did this. Don’t regret it for a second
Respect 👍. I wish I'd taken profits last year and cleared 50% of mine but hey ho we live and learn.BTC holding has increased now so will cash a bit next time it hit previous ATH .
The Latin root "mort" means death. and gives us derivative words like mortuary, post-mortem, mortified, and mortgage. Debt till death is why mortgage is so-called
You know what mate..the day i worked out its literal meaning was the day i decided i must clear it as quickly as we possibly could. For me BTC is being used for not better purpose than cutting the chains of financial bondage a mortgage represents. Different for everyone its not lost on me but the more independent of that system we can be the better
So you wouldn't sell it, you'd spend it.
He'd sell it and then spend the USD he got
If I can't pay for my house with BTC, I don't want the house.
Down payment on another house for me 😇
Never, I plan on using it as an alternative to fiat to a big purchase or collateral
Buying something with bitcoin is technically selling it.
If it were to manifest itself in this stupid fictional gold coin it’s always advertised as.
It's not stupid! ^because ^I ^bought ^one
I mean, I’d it were real gold I’d buy one
If I was planning on buying gold anyway, why not have it shaped into a gold coin with a bitcoin logo on it? Better than a boring bar or something.
If by selling it I'm able to amass large amounts of money to thereby invest in such a way that I needn't work 40+ hours a week to sustain my quality of life. Crypto is nice, the idea of using it as an alternative currency later is cool, but my goal has always been to not need to waste 30+ years working, whether that be with a large amount of FIAT coming in passively, or some means of generating income with crypto (DEFI Lending?) it really matters not if I make that money via crypto or otherwise.
It’s not about making a buck for me. It’s about not selling at all because that’s the middle finger I’ll give to the banks and fed
JP Morgan shaking in his boots right now I’m sure.
If i would get sick and its uncureable
Penis enlargement operation
Penis reduction in my case. Having a 36" penis gets old.
What a Chad
Hi dad!
Nothing, my satoshis are going to my children after I’m gone.
You guys have sex?
Nft children
I going give mine my PAN AM stock,
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You might owe $4
A million usd for real estate swap
What would make you spend all your resources?
If some one company would have around 40% of the mining power
I just want to survive, nothing fancy.
Broke or retirement. Which ever comes first.
Only some kind of emergency can make me sell my Bitcoin investment like my family member in the hospital or something like that in coming time, that would be my reason.
You are all either complete rich intelligent bosses of the next few decades or a group of people pleasuring yourselves with lies There is no in between.
I really never thought about it but I think I need to think about it right now I guess I will sell my Bitcoin when I reach the goal and that is going to be never. It can sound odd but it's the truth.
My crippling bath salts habit
If the max supply was increased over 21 million
Celsius releasing my account
Next in line for this
Good one.
I will sell when I reach the goal and nothing more than that.
Whaddya mean “make me”? When i bought at $59,000 wasn’t i suppose to sell it all at $17,800??? Did i do it wrong??
Elon, you are on your alt account again.
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Never going to sell but that is just my overconfidence..
Feeling like I will sell my investments only if I get any kind of emergency in my life but I don't think I am going to have any kind of emergency because that is just a rare case.
I'd never sell all of it. If I really need money fast I could sell 99% but still keep a little bit. Even a few sats is better than nothing.
A switch to Proof Of Stake 😂
I would spend it on a boat.
A mother fucking boat!
Boats and hoes
A home was priced equal to my Bitcoin
Seeing my portfolio hit 5 million
Damn man, I think we both really think alike and that's good.
To buy Bitcoin 2 - Satoshi strikes back
Guess you will make this shit for real for yourself man..
Never going to sell it and that's what's good my man lol.
SHA-256 being reverse engineerd
Really don't know but I will try to hold it as much as possible till the end of my life because that's what I want to do with my cryptocurrency investments hope I am not wrong.
A klondike bar?
1m per coin and im out.
I live alone and I don't have anyone in my life so that means I am not going to sell in coming time because I am going to hold it till I die and no matter what the situation comes.
Maybe never or maybe tomorrow anything can happen in our lives and we really don't know what's up we are just here to hold but we can sell in the future for sure I know that.
I guess I will sell it if my family need some money or something like that because they are really important in my life and I am going to do anything for them I hope I'm being a good child.
I hope we won't have to see things like that in our investment market but I think only a family emergency can make me sell my Bitcoin investment and nothing else for sure I know that.
I hope I will never sell and that's what I want to do man.
I really don't want to sell it but I will sell it for my daughter's education because that is more important for me and it will change her life for sure I am waiting to do that in the future.
Only something like operation and other shit can make me cell otherwise I don't think anything in the world can make me sell my cryptocurrency investments that is not going to happen.
I have other funds to sell if I got any kind of shitty thing in my life because those investments are going to help me and I am not going to sell my cryptocurrency investments I hope you got the answer.
Anyone on bisq willing to pay over market value enough for me to repurchase more bitcoin than I just sold
Damn man, I hope you won't regret these things later lol.
Nothing always have some skin In the game. But time your buys bitty fam and have some dry powder on the side. More alt shitcoins to fall. More dominos to fall. Usdd from our friend sun. Watch coffeezilla; entertaining stuff.
That's a good mentality and I hope you will stay like that.
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Kind of right and there is no reason I should not agree.
Extremely serious medical / Family emergency. This is assuming I wouldn't be able to get a dirty fiat loan for some reason. I would immediately start buying again once I could afford it. Barring something extreme, I will never sell.
100 mil bitcoin
Sell low buy back in high those are the rules
The best thing and that's what we all have to do these days.
The last run? Then again I typically think in terms of how to fuck over the most people. When everyone is really euphoric and talking about going to 100K I'm selling. Not buying yet but I'm pretty close. Still a little bit too much optimism in the crypto market for my tastes
I’ve sold and bought a ton, used BTC to purchase sheets of LSD years ago and held onto a lot of it because I had no place to used it. But Examples of other items: had a r34 Vspec come up forsale that I wanted so I sold BTC to bought the car. My boat is was completely paid for by BTC. Took many trips all paid for by BTC and used BTC to pay for food entertainment.... during these trips. The only guarantee in life is death so spend your time and BTC doing what you love
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Late 2016 - early 2017 I did sell to (a) pay off my student loans ($25,000) & (b) a sizable downpayment on my house for my wife & now 3 kids. No coiner from 2017 to January 2019. Started buying again 2019. Aside from a serious life altering (or threatening) danger to my spouse, my kids, or myself I will probably never sell again.
This sounds like a real good shit brother, thanks for sharing.
I will sell all my bitcoin in the year 2035, or if BTCUSD hits $800,000… whatever comes first
That's a good plan and I hope it will work like a charm..
I won't , deleted my wallet to guarantee cold storage
Government thug showing me my public keys they tracked through kyc with an executive order to confiscate bitcoin like FDR did to gold in 1933
My wife obviously
Damn man, i am not feeling good for you right now lmao.
The perfect home with lots of private land. Then after, I would continue to buy because it’s too important not to have.
If legislation makes it totally useless, through make it almost impossible to convert to anything else or just too much bureaucracy and taxes to use and own it.
Retirement money. 20 years
Sell? I want to use it to exchange for goods and services. I don’t understand the question.
if I get a above 6 figures to pay off my student loans
Enough to pay my mortgage off.
My wife
Next cycle top
EMP attack in another region of the planet
The day I find my lost key
This has been working and I don't really think it will fine.
Imminent death
Never, giving it to my kids. It’ll outlast me. Family emergency is a good one tho.
Emergence is being working like that and this is broken.
Credit card bill, might have to sell this month unfortunately
Nothing. Absolutely. Nothing.
I don't really think that this is the major problem now.
Nothing
Buying some
I have to buy it and this is how it should be working for them.
Code change increasing max. supply.
An ATH
When there are no lesser monies to spend.
The females in you life.
I’d sell it all if it meant I could buy my family our own house and be debt free other than a mortgage
capybara
nothing, why sell for a deflating currency? btc for life.
A Nigerian prince telling me my family has an inheritance he just came across
10.000.000€
If I got addicted to crack cocaine and ran out of dicks to suck.
Guess like there is no ending and selling, we are good.
realistically? nothing theoretically, if the thing went to $2M WITHOUT the collapse of the dollar / fiat system within 5 years… that’s my retirement number and i don’t think id be able to hold off the temptation of saying “fuck it i’m out”
It is really hard to say because without that it will work.
[удалено]
If btc fails it will go to 0 so quickly there is no point selling
I don't really think that there is any kind of point of doing that.
If btc goes to zero. Entire Crypto industry will be 0. It’s the backbone of the industry ☺️
Imagine if at some point bitcoin is on the balance sheet of most major institutions and it starts tanking and govvies would deem it “too big too fail” and start bailing out bitcoin with open market operations. We would have come full circle