If 1.6 million+ bitcoin are lost forever, can the price ever decrease all the way to zero? Honest question.
If you can, find a local farmer/rancher and purchase your meat direct. Product then goes to local butcher and you get single source beef. I’m blessed to live somewhere that it isn’t hard to find local beef and we have close family friends that farm. This should be illegal IMO. image
Has Michael Saylor ever explained how he purchases Bitcoin? Or where it’s stored? It’s clearly not via exchange. If it was, the price would be increasing as he buys a billion dollars. This has to be OTC, but from who?Miners?
I HAVE A JOB!! 🙏🏽❤️🙌🏽 6 months ago, I was let go from my job as part of a company wide “Restructuring”. When I found out, I wasn’t upset. I was so unfazed that I spent most of the time trying to get my manager to relax. She was professional, but you could tell that she didn’t want to do this, but had to. I left the building and immediately began to pray. “Alright God, it’s clear to me that you no longer need me here. What’s next?” I would be lying if I said there weren’t days where I stressed out, places I thought I was going to get the job and didn’t, worries about money, etc. But God, in his infinite wisdom, put me exactly where I need to be and I couldn’t be more excited for this role.
Hash power drastically decreasing. Less than a month ago, there was over 15EH & 115,000 workers. 😳 On the positive side, I’m earning more with the same hashing power I’ve had for months. If we have more home mining in the future, I see the less decreases in hashing power during drawdowns. image
I forgot how draining the interview process can really be. I truly despise it.
I’ve never understood folks that say it’s “too late” to get into Bitcoin. Or the folks that say “I’ll never be able to get one Bitcoin at these prices.” After explaining sats and how you can buy fractions and as little as a dollar worth at a time, it still doesn’t click. “If I buy a thousand, I wont end up rich.” Whether you buy $1000 in stock and it goes up 12% PY or $1000 in Bitcoin @ 12% PY, 12% is 12%! Except one is the scarcest asset known to man, has no central authority, inflation resistant, etc. and one is fiat which the value has deteriorated consistently since 1971.
If I was single, I’d have at least triple the amount of bitcoin I have right now. When it clicked, I was going to sell everything. I would have lived in my car for all I cared. That wasn’t reasonable for a growing family, but now you know where my head is at when we have these drop downs in fiat price. The only thing that stresses me out is not having any fiat to buy more.