Thanks for your explanation, best of luck to you.
Looks like a price of $101,112 will push bitcoin to $2T market cap.
I set my parents up on Cointree. They buy occasionally and move it to cold storage. Biggest hassle was getting the bank transfer of fiat approved, but the cointree Bitcoin part was just like I experience Swan or Strike in the USA. As for fees not sure how they compare, all exchanges are going to make a percent or two on the spread to stay in business but I don’t recall it being egregious. Good luck, I feel like the Commonwealth countries have fallen deep down the socialist nanny state shit hole.
He did give humble Sat stackers more time to front run Wall St so there is that.
Hang in there, stay productive and stack Sats. While they can deny reality, they won’t be able to deny the consequences of reality. Every Sat in cold storage brings the end of fiat closer.
As the US election showed the progressive socialist left are the extremist minority.
For sure, if you have a passion for real estate saving some rent in bitcoin or using bitcoin as savings for repairs or expansion is a great move.
Can you hold the bitcoin in the SMSF on a hardware wallet you hold and then just provide the accountant/auditor with the address so they can verify the funds haven’t been moved? What are the rules on distribution rates once you retire? Thanks
Great news please post updates on how you go, I want to copy your move. I get the ability to roll over mine in a year from now.
I did that at first. Then I just sold all the real estate and bought bitcoin, that’s what I wanted and it cut out all the intermediaries.
Payday this Friday, will I get more or less than 1000 Sats per $? Either way is good. My total stack isn’t changing much now, I’m just doing it out of spite for all the central bankers. Like death of a thousand cuts, I’m doing my part to bring them all down.
No you should be stacking like a madman. You will never be able to get as many Sats as you can right now. If you’re not comfortable doing this you need better cash flow or more conviction. Spend less than you earn, save the difference in bitcoin, hustle, sell stuff you don’t use anymore, workout and eat real food, think with at least a 4 year time horizon. Good luck.
That’s how I think of the Sats I get back on my regular purchases with Fold. One day the Sats back will be worth more than the purchase.
I’m sure they will notice this
How long till the ladies going to bars looking for a guy that’s in finance realized they are all at bitcoin meetups.
Block height dollar parity, I’m down for it, could be a bit bearish in the long term though.
One by one they bend the knee
The math summation equation is a good explanation but in code it’s a right shift function. Search ‘bitcoin halving code’. Wicked has done a couple of explainers on it that are real good.
I think it was @HODL that I heard on a podcast say if you hold for a couple of cycles the daily changes get bigger than your original purchase price. The feeling is awesome.