NottsRam77

Exactly this we still have to operate in a fiat world so our “spendability” (great word lol) has to be measured in fiat. if i can protect and grow my money when measured against fiat i will. im effectively doing the same when i cash out ill be paying off my mortage, so like u with that deposit on a flat im putting into a “safer” investment ie the bricks and mortar that i live in. i mean u could argue, people invest in stocks and shares or gold, u cant spend that at tesco and like bitcoin u have to cash out into fiat too.

^^^Sorry that hasnt come out very clearly my bad

Which is fair comment , its each to their own 👍 id never ever invest in something i deemed as high risk or was straight up not comfortable with no problem with that, were allowed to disagree on things but still enjoy exchanging views etc etc 🙌 i keep my btc in cold storage so i consider my security risk minimal, i control my keys etc. volatility wise, depends on your timeframe … weekly, monthly annually perhaps … 4 years plus … historically it speaks for itself .. imo

But we live in a fiat world for now. all my debt is in fiat, my mortgage etc so sadly it is the only option but to cash out. but that said if it solves a real life problem (my mortgage) ill happily do it. ill then look at my next goal, putting my kids through uni or buying them their first house etc etc etc. by basically shorting the pound by buying bitcoin The question i ask … lets say i have 500 quid a month spare to pay off my mortgage early do i a) pay off monthly and make the overpayment, saving on the interest b) put in a “high interest” saver and make a big overpayment at the end of the term c) buy and save in bitcoin with a minimum 4 year (one cycle) timeframe Option c every day

Some great points

Multi sig wallets. as i mentioned, it takes some planning but no more than a will does but lets be honest when ur young ur not thinking about planning ahead and when ur gone

Your right … the problem is we live in a fiat world, so for now i have to service my debts in fiat hence why i would sell.. to improve my day to day life but i save in bitcoin. to protect myself from all u mentioned above 👍

Its 1.35 now… went up 2nd of april iv run a post office for nearly 20 years, have had my share of random transaction corrections from the horizon system but expect f*** all back from them

Genuinely … not 100% sure as i keep changing my mind based on personal circumstances and my btc mindset lol. i have a young family, me and partner both work long hours and i want to change this. If btc hits a price this cycle … im guessing based on previous that the high will be back end of 2025, if that high hits a figure that allows me to take a serious chunk of our mortgage off, which would allow us to reduce hours in exchange for time with the kids then im selling. if it doesnt i might sell a small portion or just none at all and ride it through to the next bull run. Bascially come mid to end of next year i think im going to have some big decisions to make. bull runs are hard, u want to get out and make profit, but its knowing when and at what point ur prepared to let the btc go as u may never be able to buy it back at that price… it certainly can play on ur mind bear markets are much easier lol , the asset u firmly believe in and know will go up keeps getting cheaper and cheaper lol .. much less stressful going back to my prev post and joking aside 👍 this cycle could be different, obviously we have the nft inflows and institutional adoption… which is massive never before has btc surpassed its previous ath pre halving. this does raise a lot of questions.. some good some maybe bad.. has the much talked about retail investment and hype already arrived via the etfs, can the etfs control the market (no) but its a thought. what it might mean is the rises are bigger but so to are the draw downs as people cash out 🤷 but then.. your only going to have half as much available to buy on a daily basis 🤷 its going to be an interesting cycle conclusion, my gut feeling is post halving when otc desks start drying up (already at record lows) things could go crackers. but im merely speculating and know no more about what the future holds than anyone else either way.. its going to be interesting

If they keep it to themselves … well its gone. if they share it then obviously whoever is privy takes control. Interestingly though there is something called multi sig storage that is designed for such an event. It involves a little bit of pre planning, but no more so than a will. my mate has just done exactly that as while he holds some for his semi immediate future he also holds some that is intended for his kids. The process is v clever have to say.

oh jesus,,Whos taken the jam out of your doughnut… lol Yes anyone over the age of 17 … does that invalidate my point? No .. not in the slightest.. we should all be able to remember it then and start to think actually the pound is losing its value when measured against the dollar jesus… Ok 🤦 for the pedantic amongst us… reletively speaking we are back at ath levels…. having broken previous high of 69k by reaching 73k we are now channeling between 64/5 and 72k which many expect us to do up u til the event and up to 6 months after the halving … happy? At no point have i ever said the halving provides an immediate price spike… its common knoweldge to anyone who has taken any time in this space that the subsequent bull run historically follows some 6 months after the halving event but being the clever dick u are im sure u know why that is and why possibly things might be slightly different this time round😜😉

ok…. So watch this … the 2nd half when saylor talks about strong assets going up against weak assets. now think about this … as another take a step back and realise whats happening to our very own gbp. last time bitcoin was at its all time high was 69k in november 2021 i believe. Our pound was at 1.37 against the dollar…. Today bitcoin sits back at its all time high 3 years later and the pound is down to 1.27 against the dollar. so by just holding bitcoin you would have protected and actually grown your wealth by 8% when measured against the currency we use purely cos its losing its lost value (wtf🤯) anyone old enough to remember when the pound was 2 to 1 against the dollar circa late 90s early 2000s ? this is an example of a weaker currency going down against a strongest currency on the planet now if only there was an asset u could put your money into that has out performed the strongest currency on the planet 🤔🧐🤪 just thank your lucky stars your not in argentina

The answer to this is a deep conversation that i dont think any of us have the energy for 😂😂 Shorthand version inflation, moving off the gold standard, greedy governments, reckless spending and borrowing, limited supply, deflationary etc etc etc lol

Sorry to answer ur original question.. the bitcoin protocol/ program sets the puzzles/equations

Does this seem fair ?

Its creating a fair and transparent monetary system thats accessible to anyone on the planet. Agree though it needs to become more environmentally friendly .. which it is .. v slowly but u liked the cartoon right? Lol can anyone remember the gold standard… seemed a more logical way of doing things until those in power got greedy and started properly f****** us over

My mate sent me this…. amusing and easy to digest lol

Agree 👍

We’re so signing oliver rathbone no matter which league we’re in lol

My first thought when i saw it unfold was that sibs was wrong side of his/a/ his nearest man. one of those things, lovely lay off from bishop i think it was

Good point like many im sure, a little disappointed we sat so deep so early and invited them on to us. I get why .. just wish we could have been a few yards higher but .. its football, game momentum is a big thing. work rate was phenomenal to a man. we go again coyr!!!

My pleasure any time. tbh im Kinda intrigued about this KR1 thing… i wont lie coming at it as a total skeptic about altcoins im kinda intrigued, i want to be open minded about them .. i know some have good utility.. eth for eg.. i just think theres so many scammy ones our there i stay well clear no matter the price certainly open to hearing about them though

I think they would do very well to hoover it all up 70% of coins haven't moved in a year and 50% havent in since the last bull run. there are a lot of long term holders that believe it will go to 1million who wont sell just cos it gets to 100k, 200k etc etc. i agree that blackrock are .. well theyre blackrock and your right they are a concern but if they keep buying the price is going to keep going up and up. And remember the amount of coins being minted per day is about to be halved (circa 14 days) .. which on its own has seen exponential growth years gone by. Nevermind when u have some of the biggest hedgfunds in the world hoovering up as much as they can. its going to be an interesting ride lol

Can i ask are u refering to bitcoin , altcoins/ memecoins/tokens or all of it ? what exactly is complicated about it? ... genuine question 🙂 u know more criminal transactions take place with that thing called cash… and unlike bitcoin isnt traceable or viewable by anyone , at any time from any place on the planet with any device that can connect to the internet

Ok … here we go.. please remember im saying this in good faith and non of it is meant to sound condescending 👍 If have read any of my previous ramblings. the reason bitcoin is different to every other altcoin is that no one person or entity can control bitcoin. no one can decide to mine more that the current limit of coins per day (900) .. soon to be 450. no one can shut it down, no one can change the rules on how it works it is totally and utterly decentralised. altcoins arent… alt coins are created by individuals, collaborations, companys or anyone who knows how to. they are centralised, they are controlled by said creators. They make the rules, they can change the rules, the can print 1million coins today… then 10 million coins tomorrow. They can tuen their network on, off and shake it all about if they wanted to. examples of these are solana, celo, ethereum, xrp, ada etc etc now within these chains u have developments .. aka meme coins.. that are the s*** of the s***. from experience… i used to mess about on the celo network.. cos it had the same utility as ethereum but its gas fees were buttons.. unlike ethereum. i found with celo loads of “projects” that i could earn 10, 20, 25 and at one point 50% on my stablecoins (usdc, usdt .. stablecoins are a 1-1 representation of a digital dollar). I thought well thats winning .. wont get that in the bank. so i loaded up a load of usdc (celo digital dollar) and went onto a load of these “projects”. sure they paid out… mobius (mob) , immortal (immo) pinniata (pinn) and god knows what else. all these sites had their own tokens which if u held offer u governance on their sites and higher interest rates… so u could vote on the path the project took.. all a big scam. These tokens .. are literally worthless, they are held in their millions by the developers who are sat waiting to dump onto jo public. But they pay influencers to shill their tokens to try and convince people this is the next big thing. fortunately i quickly realised this and got out with my monies in tact. but non of those projects lasted more than a year or so.. and shock horror those developers wrapped it up and moved onto the next “project” .. meme coins are basically scamland.. my advise is to stay well clear. so in summary u have bitcoin altcoins s*** of the s*** meme coin tokens And its up to u how tolerant to risk u are as to where u put ur cash. s*** of the s*** meme coin tokens.. u may as well go down the casino and put ur money on red or black altcoins, some have good utility.. but imo end of the day ur investing in something controlled by someone else. They can print as many coins one day as they want. they could shut it down tomorrow. They could get hacked tomorrow. can u make money from them, yes of course if u buy in at the right time.. i just see them as a risk as theyre controlled by a third party bitcoin is everything these things arnt and is a totally different animal hope this helps a little feel free to ask anything iv missed