forex.wf forex forum binary options trade - What is Bitcoin? - Bitcoin. My Generation.
  • Welcome to forex.wf forex forum binary options trade. Please login or sign up.
 

Bitcoin. My Generation.

Started by Bitcoin, Jul 13, 2020, 12:04 pm

Previous topic - Next topic

Bitcoin

Bitcoin. My Generation.
When I first got into real estate in New York City, I heard many, many stories and have personally met people who "bought a building for $1" back in the 1980's and even still severely underpriced NYC real estate throughout the 1990's. How incredibly ridiculous does it sound today, to buy an entire building in the East Village for one dollar and having everyone you know telling you how "out of your mind" you were. Believe it or not, that was the situation back then. Were these people out of their mind? Are us Bitcoiners out of our minds? Here is the situation today. Those same NY buildings are easily selling for prices between $6 and $20 million dollars. That's insane yet that's the reality. If you told someone in 1985 that the townhouse you bought for a dollar was going to be worth 12 million in 30 years, you'd have endured absolute ridicule. Yes, you were right. A 13 room apartment in The Dakota off Central Park West was selling for around 100k in the 1970s. Central Park was a disaster, the city was teetering on bankruptcy and everyone thought you were clinically insane for buying it. I met a woman who purchased one and I believe she it sold for about 25 million dollars.
Were these pioneers really crazy? I don't think so. In fact anyone who is in their 20s or 30s really has almost a zero percent chance of ever seeing an opportunity like this in their lifetime. This was my biggest complaint through most of my 20's. When I was born! I missed all the best opportunities. I was barely old enough to open a brokerage account when the 1990s dot com and tech bull markets were in full swing. Yes, that did not end well for most but depending on how you played it, you could have made a killing. Even the 30+ year unstoppable bull market in bonds would have made a conservative portfolio a "boat load" of money over time. These sweet pitches don't come around all that often. Yet, at the time they aren't always viewed that way. These opportunities are few and far between. That brings us to today.
Where is our opportunity? Where is the "home run" investment of my generation? Well, I would say the only chance we really have is Bitcoin. Notice I am purposefully singling out Bitcoin and not referring to "crypto currencies" or "smart contract platforms" or ICOs, Tokens, altcoins or anything other than...., the Big.... Bad..... Bitcoin.
You think you missed your chance? You want to invest in "the next Bitcoin" or some type of "better Bitcoin." It's a futile effort and yes it can be fun and sometimes lucrative to take a trip to the "shitcoin casino." There's nothing wrong with that. But let's be real here. There is no better Bitcoin and I really doubt there is ever going to be a "better Bitcoin" in our lifetimes. Maybe ever, for that matter. Bitcoin will continue to improve, the Bitcoin network is functioning better than ever and is always where the major innovations have and will continue to come from. The brightest and smartest people in the world are working on Bitcoin.
The CME adding futures contracts for Bitcoin was the first new "commodity" product added since Gold was added in 1972. You could argue that CME has added currencies over the years but I don't really think Bitcoin falls completely in that currency category. I know for me personally, it's only really a store of value at this point with slightly more usability and decent liquidity should I need it. It's remarkably similar to gold except gold is incredibly difficult to sell in a pinch. Either way, bottom line, CME futures is a big deal and an important step forward in integrating Bitcoin into the fabric of our current financial system. This is clearly here to stay and finding its way into currently regulated markets. With these positive fundamentals, Bitcoin has all the characteristics and scarcity to make every single one of these outlandish price predictions a reality. I'm talking about the 250k predictions all the way to the million dollar prediction. This is not only completely possible but in my opinion also inevitable and most likely the "home run" investment of "my generation."

Bitcoin

We just hit a milestone the other day and officially passed the 17 million Bitcoin total supply number. Sounds like a lot? It's an incredibly finite amount of supply and the upside potential is actually unlimited. There will only be 21 million Bitcoins EVER and they will not all be in circulation until the year 2140. If you are familiar with the Bitcoin halving schedule you know that every 4 years the mining reward is cut in half. The current reward is 12.5 BTC every block (or approximately 10 minutes). The deflationary aspects of where Bitcoin is currently at and what lies ahead is incredibly strong and support much higher prices. The next having is going to happen around May of 2020 and from that point forward you're looking at a 6.25 BTC mining subsidy. It's only going down.
Will the world run out of Bitcoin? Absolutely not because it's divisible to 8 decimal places. This means there are 100,000,000 units (referred to as Satoshi's) in just 1 Bitcoin. In other words..... That's a crap ton.
Furthermore there are wild estimates of how many Bitcoins are "lost" or unretrievable. There are estimates upwards and beyond 4 million Bitcoins that are completely gone forever. You can then also add in Satoshi's 1 million coins that have never been moved since he mined the first 50 in the Genesis block.
If you are like me, then you feel like you've have been waiting for Bitcoin your entire life. It rivals the Internet in terms of importance and advancement of our society. You can still buy 1 full Bitcoin for under $10,000. You can dollar cost average in and acquire one over time. It really doesn't matter how you get your hands on 1 full Bitcoin but that should be everyone's goal who wants to participate in the best investment of "my generation." Because that's what it looks like this is. Make no mistake about it, your kids will be using Bitcoin and it's going to be a lot different than the Bitcoin of today. How long did it used to take to load one single web page? Am I that old? It would take you half a day to watch 1 movie. Do you remember those days? Look where we are at now. The exact same process is happening and will continue to happen for Bitcoin over the years to come.
The debit cards are coming. Slowly but surely, Coinbase is issuing debit cards to spend "crypto" in our daily lives. Which by the way, spending your precious Bitcoin is probably the dumbest thing you can do. Unless it's absolutely necessary to do so, why would anyone spend the currency that is appreciating in value if they had a choice? You don't get travel miles with Bitcoin? You don't get the paper trail for tax purposes like you do with traditional banking. You almost always are better off spending the dollars. This runway for Bitcoin being spent with a Visa/Mastercard at merchant point of sale will have a positive multiplier effect for the fiat coming into the system. Yes, the Bitcoin being spent is then liquidated and the merchant receives payment in fiat. That in itself is not bullish for the price. But the fact that Bitcoin adoption, widespread use and the "hyper bitcoinization" has not even really gotten started should absorb (if there even is any) negative price effects of people spending it. This is going to be hardwired into our daily life and very, very simple to use. This is the "new money." In fact, more and more merchants are going to actually want to be paid in Bitcoin and actually keep their Bitcoin. As long as Bitcoin continues to outperform every other investment that you can compare it with, why wouldn't everyone want to participate in it's rapidly appreciating trajectory? My landlord would be a fool not to accept my rent payment in Bitcoin and I would be a fool to pay my rent with Bitcoin.

Bitcoin

If you, or your business had the foresight to accept $100.00 in BTC, a few years ago and then just did nothing with it. You would be sitting on like $5,000 today plus all the forks, dividends and "free money airdrops" that came along the way. Yes, Bitcoin is actually a productive asset and if you are savvy, you can sometimes profit greatly from selling this garbage. So a hundred bucks in 2013 is five grand today........ and it's only going to continue. If you were to accept $100 in Bitcoin today it would be equivalent to around $3,000 when the price gets to around $270,000. The only absolute 100% guarantee is that your dollar purchasing power will erode over time with cash that you are holding today. Quite the opposite with Bitcoin. If long term store of value and preservation of purchasing power is a primary financial objective (like it is for me) then you have to consider keeping most of your money in "the better money." Which certainly appears to be Bitcoin.
It's too expensive? "I want to wait until the price drops." Don't try and play guessing games with the price. The second best time to buy Bitcoin will always be today. Know what you are doing! You must be careful and take some time to learn how Bitcoin works. A lot of responsibility comes along with the financial sovereignty that Bitcoin brings. If you are careless, you will fall victim to the unknown black hole of unretrievable funds. So many scammers, so many ridiculous "schemes" and "things" people try to do with their Bitcoin to get more Bitcoin. Avoid all cloud mining, claims to get rich, lending scams or anything promising interest payments. Doing nothing but safely store your BTC, be in possession of your private keys and HODL Bitcoin.
That being said. This is it. This is the investment of "my generation" and truly a once in a lifetime opportunity. I think everyone's first goal should be to have 1 full Bitcoin and somewhat know how "it" works. If you have 21 Bitcoins, you effectively own 1/1,000,000th of the total supply. THAT'S FUCKING RIDICULOUS! If you don't see the potential here, I don't know what to tell you. If it's hard for you to buy Bitcoin here at these prices, then you're going to lose your mind when we're at $42,000 Bitcoin in a blink AND YOU STILL DON'T HAVE ANY. Buying 1 full bitcoin anywhere below 10k, is a gift. Enjoy it now because there might only be a few days left.

Bitcoin

Dwolla bitcoin.
But fame has its price. ;-) SquirrelMail has always been run by a small group of volunteers, and we've never been paid for our efforts. We do it because this is our passion; we do it for the love and the fun. But running a high-profile project means that there is a plethora of work from which no one gets much fun (or love). That's taken its toll -- our numbers have dwindled and our visionary initiatives for our next big release have had to take a back seat to ongoing maintenance, such as responding to bug reports, looking over plugin and patch submissions, fixing security vulnerabilities, answering voluminous amounts of email on our mailing lists, and a slew of other responsibilities. Oh, and then there's paying the bills, family time, and cleaning the kitchen.
So it's time to ask our community to give back just a little bit. In the best scenario, SquirrelMail should be able to support one or two people working full time. To some, this may seem overly ambitious, but we don't think so. Think of the good money that has been raised by projects that can be considered far less mission-critical than an email system. We don't think any other projects are less deserving than SquirrelMail; only that SquirrelMail is quite worthy of your support, especially after 10 years of doing it all gratis. With support on a significant scale, the project will regain momentum, that "Web 2.0" fully-skinable release will be out in no time, and the squirrels will feel appreciated!
We'd like to have you show your support by simply donating whatever you feel you can afford. Currently, you can choose to donate to any of us individually (if you have stipulations about how the money should be used/shared, let us know and we will be happy to oblige). We are also trying out a primitive bounty system, in case you want to target your money for a specific feature or improvement. If you need a US tax exemption for your donation, please contact us directly.
As always, we'd like to encourage you to use our official SquirrelMail support, and if you're hiring for work projects you should consider our professional, dependable team members, since some of them make a living as consultants.
Donate to SquirrelMail! Paul Lesniewski Fredrik Jervfors Thijs Kinkhorst Jon Angliss Dwolla Dwolla Subscription Amazon Amazon Subscription PayPal PayPal Subscription Bitcoin 155kHSCRmSRCKbZAwKNccJCWBWPfuBtrSG.
We are going to keep a rather simple home-brewed bounty system here until it proves to be popular enough that we need to create something more substantial. That means that for now, all inquiries here are reviewed by hand (this also means that there won't be a way for spammers to abuse this page). We may not choose to list all proposed bounties here, especially if they should be submitted as support requests instead.
For certain bounties, your support can be publicly acknowledged with a link on the SquirrelMail website.
The best way to submit a bounty is to submit the details in our tracking system and include a link to it when submitting your bounty here. Submit bounty suggestions below.

Bitcoin

EVOLV Pro.
The EVOLV Pro was built to balance your urban commutes and rides on the trail. The 2,600W peak dual drive powertrain at the wheels and the reliable LG lithium-ion battery allows the EVOLV Pro to reach a speed of 65 km/h. With a 35 kg body and 10″ pneumatic tires for functionality and style, the EVOLV Pro can travel a long distance of 85 - 90 km.
Equipped with a front 140mm disc brake and spring, it effectively disperses shock when tackling uneven terrain. The rear suspension and footplate provide extra support for aggressive riding. A 140mm rear disc brake for maximum stopping power. Pack it away easily with the dual lever locking system.
The double-LED headlights positioned low to the ground to help light up your path, and the dual rear LED tail lights flashes when you brake, keeping you safe at night. Personalize your riding even more with the dual drive. For city riding, use the single rear wheel drive, then turn it up with the dual-motor switch to enable dual 1300W peak power when riding on rough roads. An ignition key helps keep your Evolv Pro extra secure, so it won't start without it.
1 color available: Black with Gun Metal Combo.
Environmentally Friendly.
Our products are alternative transportation options, designed to be efficient, eco-friendly and effective. The average commute from home to work is about 6km to 7km one way. Our foldable electric vehicles will eliminate the need to drive, and get you where you need to be without the use of a gas consuming vehicle. Urban Machina is committed to reducing the impact of carbon producing vehicles. Urban mobility is essential and affects our quality of life. Let's navigate our beautiful cities, the earth-friendly way. Here's more about us.

Bitcoin

Walleye Rods.
See what all the buzz is about.
Three great series of walleye rods to choose to cover the entry level angler all the way to the seasoned tournament professional.
The Hammer.
The Hammer series of jigging rods from Lamiglas brings walleye anglers an incredible option at an exceptional value. The rods are extra fast action and ultra sensitive for maximum performance when jigging walleye in shallow or deep waters. Stainless steel guides with alconite inserts allow your line to travel through the guides smoothly and efficiently. A classic cork handle is complemented by a carbon fiber tube underneath the reel seat with an adjustable foregrip to fit almost any size spinning reel. The rods also feature a polished graphite finish for maximum sensitivity and attractive walleye green accents. Back by a One Year Limited Warranty and eligible for our no questions asked "Fast Track" warranty program, you will be hard pressed to find a better walleye jigging option at a retail price of $89.99!
Assassin Series.
Not only are these rods eye-catching, they will also help you catch more walleye! Extremely lightweight and sensitive, but also very capable with extra fast actions and the backbone needed to work jigs in deeper water. The 5'6" model, dubbed "The Detroiter," is the stiffest walleye jigging rod we make and is the perfect option for heavier jigs in depths of 50 feet of water or more. Retailing for $129 and backed by a 5 Year Limited Warranty from Lamiglas. Pick up one of these rods and become The Assassin.
The Closer Walleye.
"The Closer" Walleye rods prove that the perfect walleye rod will produce more fish hooked and more fish put in the boat. An extra fast tip action will help immensely on hook sets in deeper water and strong currents. The extremely high modulus graphite is truly capable of feeling fish both on the top of a jigging motion or on the fall. With custom woven CFX carbon handles that are optimized for a sensitive, balanced feel, high quality double locking Fuji reel seat, and larger guides to decrease icing when jigging in colder temperatures, we've made every effort to provide the best walleye rod design ever. Carefully handcrafted in Woodland, WA and backed by a Limited Lifetime Warranty.

Bitcoin

RETURNS & EXCHANGES.
All you need is your Order Number and Zip Code.
Exchanges.
Fresh Clean Tees is happy to accept any items back for a return or exchange within 30 days from delivery. All items must be unwashed and include all packaging that came with the order. Trying on an item is absolutely ok , we kindly ask that you try on one tee in each style, and keep any items that have not been tried on in their packaging for easy exchanges.
Any items that have been washed or worn will not be accepted and will be returned to the customer, this includes pet hair and deodorant stains.
CLICK HERE to start an exchange! If you wish to exchange for a different item just select a return and use the Shop Now Credit, you'll receive a $7 credit + any discounts on the original order to use at our store to show right away.
Returns.
Free returns are available on any items that are in their original condition within 30 days from delivery. We encourage you to use our easy online returns portal for a prepaid shipping label and easy tracking. All items must be unwashed and include all packaging that came with the order. Trying on an item is absolutely ok , we kindly ask that you try on one tee in each style and keep any items in the packaging that have not been tried on for easy exchanges. CLICK HERE to start a return, all you need is your order number and the zip code that the order was shipped to. Your order number can be found on your packing slip, it is the first 6 numbers of your reference number. It also may start with EXC.
If you wish to use your own label, please send the returned items to the address below and don't forget to include your name and order number. Make sure to keep that tracking link handy until your refund has been processed.
FRESH CLEAN TEES RETURNS 1380 GARNET AVE SUITE E SAN DIEGO, CA 92109.
Returns take 2-3 business days to process once they are received and inspected. Once approved, the refund will be processed and you will receive a confirmation email. The funds are refunded to your original form of payment can take up to 5 business days to appear back in your account, depending on your bank. Please email [email protected] with any questions! Original shipping costs paid for the order are non-refundable.
Policies.
Member's Only 3-packs are subscription based only. When placing an order you are able to select how often to renew, and free shipping is included in the order. The order will renew again depending on that selection unless changed by the customer. Fresh Clean Tees sends a reminder 3 days prior to the renewal date, any changes must be made before the renewal date. Subscriptions can be changed, skipped, or cancelled at any time, and any changes will take place for future renewals.
There are some items on our website that have the option to subscribe and save for free shipping, or purchase as a one-time order. If a customer selects the subscribe option they are agreeing to start a subscription which will renew depending on the frequency selected at checkout.
There are certain situations where only partial refunds are granted (if applicable). These include any item not in its original condition, orders missing items, or washed or worn items.
Orders cannot be changed or updated once they have processed. If there is any issue with your order please contact us right away with the changes. We try our best to catch these but cannot guarantee changes to any orders.
Items from the sale collection are final sale and cannot be returned or exchanged.
If Fresh Clean Tees finds an issue with your shipping address we may try to contact you to confirm the correct shipping address, please note that this can add a day onto processing times.
Any credit towards the Shop Now option must be used right away and do not apply toward future purchases.
In certain situations, orders and exchanges will be sent in multiple shipments. In those cases you will receive a more than one tracking link.
ADDRESS VERIFICATION.
In a situation where the customer supplies the wrong shipping address, resulting a new package being shipped and sent, Fresh Clean Tees will impose a $7.99 shipping fee to cover the cost of reshipping a previously shipped package.
Click here for Live Chat Support.
Or if you have any issues please email [email protected] with any questions!
BECOME A FRESH CLEAN TEES AMBASSADOR! LEARN HOW HERE .