$ (BTC) The Bitcoin Thread - NO SHITCOINERS ALLOWED

world of shit said:
As someone that bought a shitload of land for my SHTF escape route, let me just say that land as an investment should be thought of carefully:

Downsides:
You have liability risk, if someone walks through your land and fucks themselves up, they can sue. Putting up 'no trespassing' signs may mitigate this risk, but judges have been known to ignore this.
Property taxes can eat away at your investment - city/state/property taxes can chip away at that.
Upkeep: If it's by farms or important areas, you will be required to provide upkeep to prevent pests/fires/etc. Major pain in the ass.
The value of the land will not go up very much. Despite what people say, there's no shortage of land in America. Land is a multigenerational investment. It's something to invest in for your grandkids. Only problem with creating a multigenerational wealth plan is it takes only one fuckup kid to ruin it.

Pros:
Given all that, if you have kids, land is awesome. Teaching your son to fish, crawfish gathering, setting snares is something you cannot put a value on.
You may get lucky and find metal/mineral sources. Or an investor wants to buy, etc. Motherfucker 35miles from my land found a copper deposit on his and is in talks to sell the land, and the numbers thrown around are big.
Passive Income can be generated off land. I let a nearby farmer use my land for cattle grazing, and I let hunters use it for a price. Depending on where you live, you can contract with a lumber company and they'll plant trees on your land to cut every few years.
Last but not least, you have land and there's something very primal about that.
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All good points. I don't know if there's a way to protect land in the family unless you have a trust really tailored towards distributing power. All the baby boomers around here just sold off their shares as they reached retirement, to be turned into housing for more white flight suburbs. I have yet to see any sizeable parcel of land transfer more than two generations without being taken apart and cannibalized by one or two greedy siblings.
 
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100 day moving average has been great support in bull market historically. Look how similar this instance from 2017 is to right now. I just bawdadip.
2017.PNG2021.PNG
 
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How much of the dip has been attributable to the proposed capital gains tax hike? That kind of FUD tends to spook a lot of people into liquidating ASAP even if the legislation changes don't pan out, and a lot of big bitcoin holders would suffer an enormous impact they tried to sell after the rate changes came to be.
 
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Full Race Replay said:
you're welcome, for me panic selling in the dip is making bitcoin go back up lmao
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I feel fortunate I went through the 2017 bloodbath. I've learned never to panic sell. When shit starts to drop and the red dildo of death appears, I literally just log out of all my accounts and don't look at my portfolio for a week. This simple action has saved me so my money.
 
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HAHAHAHA, greetings BTC Peasants! Peasants, I bring news! While you have lost 3% this month. ETH has gained 50%! Join me in the new hotness and be as a God! Or stay with your outdated chink coin and be poor forever!

Seriously though ETH is really decoupling from what BTC is doing.
 
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mindlessobserver said:
HAHAHAHA, greetings BTC Peasants! Peasants, I bring news! While you have lost 3% this month. ETH has gained 50%! Join me in the new hotness and be as a God! Or stay with your outdated chink coin and be poor forever!

Seriously though ETH is really decoupling from what BTC is doing.
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PUMP AND DUMP
 
mindlessobserver said:
HAHAHAHA, greetings BTC Peasants! Peasants, I bring news! While you have lost 3% this month. ETH has gained 50%! Join me in the new hotness and be as a God! Or stay with your outdated chink coin and be poor forever!

Seriously though ETH is really decoupling from what BTC is doing.
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Why not both lol? Although I’m happier with my eth investments lol.
 
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I didn't know about the ATMs without KYC. I used Binance.

I have a question: would it make sense if I converted BTC to Monero at a peak in price if I wanted to keep it somewhat anonymous, after I transfer the BTC to more anonymous wallets? Would it make sense if I did the same with ETH to Monero?
 
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