warpig Posted February 17, 2021 Share Posted February 17, 2021 2 hours ago, RodCrosby said: There are many models including S2F, and S2FX. Metcalfe's Law https://www.newsbtc.com/analysis/btc/gmi-model-estimates-bitcoin-fair-value-at-300k-by-october-2021/ Others https://medium.com/coinmonks/a-little-math-and-a-bitcoin-forecast-bcaddc17d252 Thanks. Quote Link to comment Share on other sites More sharing options...
RodCrosby Posted February 17, 2021 Share Posted February 17, 2021 (edited) 5 hours ago, RodCrosby said: It's all relative, anyhow, even within countries. £1m in London/South-East is nothing. Further north it goes a lot further. Then abroad, even moreso. Find a happy, sunny, country with proportionally-fewer millionaires than your own, and ideally less Gini-index wealth-inequality (probably less crime), and head there, to live like a king. https://en.wikipedia.org/wiki/Distribution_of_wealth#21st_century Cross-reference with the homicide rate here. https://en.wikipedia.org/wiki/List_of_countries_by_intentional_homicide_rate Edited February 17, 2021 by RodCrosby Quote Link to comment Share on other sites More sharing options...
77W Posted February 17, 2021 Share Posted February 17, 2021 This is not going to end well. Expecting an update on the New York Attorney General case against iFinex / Tether / Bitfinex this Friday - link to documents here: https://iapps.courts.state.ny.us/nyscef/DocumentList?docketId=npvulMdOYzFDYIAomW_PLUS_elw==&PageNum=2&narrow= 🚀🚀🚀🚀🚀🚀🚀🚀🚀 Quote Link to comment Share on other sites More sharing options...
markyh Posted February 17, 2021 Share Posted February 17, 2021 15 minutes ago, 77W said: This is not going to end well. Expecting an update on the New York Attorney General case against iFinex / Tether / Bitfinex this Friday - link to documents here: https://iapps.courts.state.ny.us/nyscef/DocumentList?docketId=npvulMdOYzFDYIAomW_PLUS_elw==&PageNum=2&narrow= 🚀🚀🚀🚀🚀🚀🚀🚀🚀 Bitfinex says it repaid $550 million Tether crypto loan central to fraud probe | Fortune Nothing to see here, move along. They will find all the USDT in existence are backed by USD. There is no problem. Plus BTC price is not just set off Tether exchanges. Many exchanges don't use or accept Tether, they use USDC or other stablecoins. Grabbing at straws. Quote Link to comment Share on other sites More sharing options...
BufferBear Bitcoin Bull Posted February 17, 2021 Share Posted February 17, 2021 7 hours ago, MonsieurCopperCrutch said: Watch what they do not what they say...See from 5:00. Rick Rieder - BlackRock CIO. Tripping over his words (5:20) trying to hide his support. 12 weeks later (videos dates from November) they're in probably using Saylor's playbook. I guess BR couldn't reveal their hand when in the midst of execution planning. 3 months later... Quote Link to comment Share on other sites More sharing options...
goldbug9999 Posted February 17, 2021 Share Posted February 17, 2021 1 hour ago, 77W said: This is not going to end well. Expecting an update on the New York Attorney General case against iFinex / Tether / Bitfinex this Friday - link to documents here: https://iapps.courts.state.ny.us/nyscef/DocumentList?docketId=npvulMdOYzFDYIAomW_PLUS_elw==&PageNum=2&narrow= 🚀🚀🚀🚀🚀🚀🚀🚀🚀 H Quote Link to comment Share on other sites More sharing options...
BufferBear Bitcoin Bull Posted February 17, 2021 Share Posted February 17, 2021 10 minutes ago, goldbug9999 said: H O 🤔 Quote Link to comment Share on other sites More sharing options...
BufferBear Bitcoin Bull Posted February 17, 2021 Share Posted February 17, 2021 https://cointelegraph.com/news/bitcoin-etf-approval-more-likely-under-new-sec-leadership-says-ark-invest-ceo Ark Investment Management founder and CEO Cathie Wood said the likelihood that U.S. regulators will approve a Bitcoin exchange-traded fund has gone up under the Biden administration. Quote Link to comment Share on other sites More sharing options...
goldbug9999 Posted February 17, 2021 Share Posted February 17, 2021 (edited) V (the O needs to be changed to an A) Edited February 18, 2021 by goldbug9999 Quote Link to comment Share on other sites More sharing options...
Frugal Git Posted February 18, 2021 Share Posted February 18, 2021 1 hour ago, longgone said: Is it technically possible to mine on a ryzen 7 4800u intergrated gpu cpu combo Yes, with some caveats. The cpu won’t generate much, and I doubt the gpu will either but technically possible - sure. With that having integrated vega graphics it depends on how much effective VRAM is allocated, but it should work. Try it 🤷🏻♀️ Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted February 18, 2021 Share Posted February 18, 2021 (edited) 3 hours ago, Buffer Bear said: Why? Let's hope the interest is in Bitcoin. Is there any crossover with Oracle and Polkadot? Laurence Ellison is a board member of Tesla. Musk fly to Ellison’s private island recently. Oracle is sitting on a very large ice cube of meting fiat. Edited February 18, 2021 by MonsieurCopperCrutch Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted February 18, 2021 Share Posted February 18, 2021 2 hours ago, markyh said: Bitfinex says it repaid $550 million Tether crypto loan central to fraud probe | Fortune Nothing to see here, move along. They will find all the USDT in existence are backed by USD. There is no problem. Plus BTC price is not just set off Tether exchanges. Many exchanges don't use or accept Tether, they use USDC or other stablecoins. Grabbing at straws. This thread is back to the old Tether FUD again I see. The same Tether that is what 3% to cap of Bitcoin. Yeah it must be the Tethers what pumped it. Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted February 18, 2021 Share Posted February 18, 2021 1 hour ago, Buffer Bear said: O 🤔 HFSP Quote Link to comment Share on other sites More sharing options...
Confusion of VIs Posted February 18, 2021 Share Posted February 18, 2021 (edited) 4 hours ago, RodCrosby said: I'm exploring taking the full 25%, then off to Portugal to be taxed at 10% on the remainder. Effective rate 7.5%... Looks like I'd end up with more pension-pot left than I started with, given likely investment rates. And live like a king. 4 hours ago, markyh said: Sounds good. Portugal for me too for 4 years if BTC gets anywhere near north of $400k and Sunni ups CGT to 40%. All eyes of the budget next month for sure. Nothing to stop Portugal deciding to tax crypto, or even just non EU holders of crypto, 3 years into your exile. If you have, or believe that you are going to have, 6 or 7 figures worth of Bitcoin the time to get tax advice is now. There are many amazingly naïve posts about taxation on here and if you wait until it is time to sell to get tax advice you will probably learn then about what you should have been doing years ago to minimise your bill. Edited February 18, 2021 by Confusion of VIs Quote Link to comment Share on other sites More sharing options...
BufferBear Bitcoin Bull Posted February 18, 2021 Share Posted February 18, 2021 (edited) Is this positive news? Inflows suggest liquidity is low i.e. Bitcoin is not coming on to the exchange for sale but rather going to wallets? Am I on the right track? As an aside, this may support the above. 993 BTC! 🤑 Edited February 18, 2021 by Buffer Bear Quote Link to comment Share on other sites More sharing options...
BufferBear Bitcoin Bull Posted February 18, 2021 Share Posted February 18, 2021 52 minutes ago, MonsieurCopperCrutch said: Laurence Ellison is a board member of Tesla. Musk fly to Ellison’s private island recently. Oracle is sitting on a very large ice cube of meting fiat. Oooh, sounds promising. I will watch this with interest. Quote Link to comment Share on other sites More sharing options...
BufferBear Bitcoin Bull Posted February 18, 2021 Share Posted February 18, 2021 26 minutes ago, MonsieurCopperCrutch said: HFSP Hopefully, not. 🤑 Quote Link to comment Share on other sites More sharing options...
BufferBear Bitcoin Bull Posted February 18, 2021 Share Posted February 18, 2021 (edited) 20 minutes ago, Buffer Bear said: Edited February 18, 2021 by Buffer Bear Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted February 18, 2021 Share Posted February 18, 2021 All your models are destroyed. Quote Link to comment Share on other sites More sharing options...
markyh Posted February 18, 2021 Share Posted February 18, 2021 28 minutes ago, Confusion of VIs said: Nothing to stop Portugal deciding to tax crypto, or even just non EU holders of crypto, 3 years into your exile. If you have, or believe that you are going to have, 6 or 7 figures worth of Bitcoin the time to get tax advice is now. There are many amazingly naïve posts about taxation on here and if you wait until it is time to sell to get tax advice you will probably learn then about what you should have been doing years ago to minimise your bill. Disagree. Only by selling the asset now that is appreciating 200% pa can you do a reset, and that is crazy. Anyway, you would sell 6 months and 1 day after moving to Portugal, as it takes living their 6 months to be declared a tax resident. The next 4 years you have to stay out of the Uk 90% of your time so HMRC can’t class you as still a tax resident of the Uk. Also, you would not remain in cash in Portugal, sell 100% after 6 months, trigger a 0% CGT bill, buy back 1 month later to create a “reset”. And the £400k+ Uk CGT bill saving would be kept in cash to fund the 4 year exile, buy a house outright, car, and living costs. No Need to work. Quote Link to comment Share on other sites More sharing options...
markyh Posted February 18, 2021 Share Posted February 18, 2021 30 minutes ago, Buffer Bear said: Is this positive news? Inflows suggest liquidity is low i.e. Bitcoin is not coming on to the exchange for sale but rather going to wallets? Am I on the right track? Yes. Less for sale, increasing demand. Price rises. Quote Link to comment Share on other sites More sharing options...
MonsieurCopperCrutch Posted February 18, 2021 Share Posted February 18, 2021 (edited) 44 minutes ago, Buffer Bear said: Is this positive news? Inflows suggest liquidity is low i.e. Bitcoin is not coming on to the exchange for sale but rather going to wallets? Am I on the right track? As an aside, this may support the above. 993 BTC! 🤑 Yes remember in this cycle that only 901.44 fresh Bitcoins are minted each day. With institutions in a mad scramble to play catch up with the cypherpunks and retail who front ran them, we are witnessing a liquidity crisis. i.e They are not printing enough Bitcoins. Think this is crazy just wait until hyperbitcoinization. It’s coming. Edited February 18, 2021 by MonsieurCopperCrutch Quote Link to comment Share on other sites More sharing options...
Gbob Posted February 18, 2021 Share Posted February 18, 2021 7 hours ago, Frugal Git said: Yes, with some caveats. The cpu won’t generate much, and I doubt the gpu will either but technically possible - sure. With that having integrated vega graphics it depends on how much effective VRAM is allocated, but it should work. Try it 🤷🏻♀️ More to the point who do you have to kill these days to get a graphics card. I've been looking for a Nvidia one for weeks and there aren't any available anywhere, apart from paying over the odds for a used one on ebay. Quote Link to comment Share on other sites More sharing options...
Frugal Git Posted February 18, 2021 Share Posted February 18, 2021 (edited) 35 minutes ago, Glenn said: More to the point who do you have to kill these days to get a graphics card. I've been looking for a Nvidia one for weeks and there aren't any available anywhere, apart from paying over the odds for a used one on ebay. Yeah, It was a full time job to get mine in nov/dec. I was building 3 gaming PCs for me and the kids and spent days on discord waiting for alerts, constantly refreshing Amazon warehouse and waiting and waiting for nvidia and scan to drop some. in the end i got everything I sort of wanted at rrp or less - but it wasn’t just graphics cards and I made compromises. I wanted a 3080 founders, didn’t manage it so ‘settled’ for a 3070. And as for cpus - I wanted a 5900x - forget it - so I got a second hand 3900x. my advice - wait, unless you enjoy spending your life on discord. Oh and get whatever you can. I passed up getting a 3090 founders at rrp and I regret it now. I should have just gone for that. edit - the other option is to (spit) buy a whole prebuilt machine. Those are available, and actually not badly priced in some cases. Edited February 18, 2021 by Frugal Git Quote Link to comment Share on other sites More sharing options...
yelims Posted February 18, 2021 Share Posted February 18, 2021 Well it sure has proven to be more interesting ride than houses in last decade Quote Link to comment Share on other sites More sharing options...
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