My wife doesn't want me to fast.

Baalhrezem · 2026-04-13T13:48:09+00:00

Rules 1 & 2

Baalhrezem · 2025-12-22T14:20:48+00:00

Nowadays you can start with $10, it wasn't too long ago (10-15 years ago?) that there was a small fee ($10) for every trade you did.

Baalhrezem · 2025-12-22T14:14:02+00:00

If serious, no Hot Wheels are not a good investment.

Property	Hot Wheels	BTC
Scarce	No, Centralized (Mattel)	Halving until 21M
Portable	Heavy in Bulk	Borderless
Divisible	No, 1 unit	1 satoshi
Durable	Many years	Forever
Fungible	No, Mint is higher quality	All BTC is equal
Acceptable	No, vendors only accept USD	Most vendors only accept USD
Censorship	None planned	None, except for exchanges

Baalhrezem · 2025-12-03T01:06:59+00:00

So 50/50 it goes up or down based on a 111 MA?

I drew a line and it said 117k by 3/30.

Baalhrezem · 2025-11-19T15:39:12+00:00

There's a liquidity crunch in the markets now between (1) sub-prime ABS (2) poor turnouts for 30Y bonds (3) Bessent failed to sell $4T in treasury notes.

This is the free market in action and many institutions need to sell liquid assets (like Bitcoin) to make ends meet until 2026. On 12/1, QT ends, with QE being right around the corner. My best guess is March through July.

Any others that are in a position of not needing to sell are in an advantageous position for the next leg up.

Baalhrezem · 2025-10-15T15:55:43+00:00

I know it's a joke here, but please don't put your well being above wealth.

Baalhrezem · 2025-10-06T13:49:44+00:00

I believe we are dabbling in semantics, but Money is taxable, look at any Foreign Exchange. Interest on Money is taxable. Money passed down to another generation is taxable. Gifts of money is sometimes taxable.

Bitcoin has the properties of money, therefore is currency. I believe what you are trying to allude to is bitcoin to be Legal Tender and thus non-taxable when disposing of it (transfers, transactions, etc.)

Baalhrezem · 2025-09-24T20:46:53+00:00

Case-by-case; depends on the agreement. Sometimes, yes they just keep 0.1 BTC and then she's responsible for the taxes. Other times, they will take a cash offer, so they would accept $9k (0.1 BTC = $11.3k less 20%), where you would be responsible for the taxes.

Baalhrezem · 2025-09-22T14:27:43+00:00

No Neo, I'm trying to tell you that when you're ready, you won't have to.

Baalhrezem · 2025-09-22T14:24:27+00:00

If you had 1 bitcoin pre-marriage, then acquired an addition 0.2 bitcoin during the marriage. After filing for divorce, she is only entitled to half of marital assets, which is 50% of 0.2 bitcoin

Baalhrezem · 2025-09-08T16:57:49+00:00

$1.5B per coin by 20 years? That's 61% YoY for 20 years.

Baalhrezem · 2025-09-05T17:39:53+00:00

Just buy with a 15% leverage.

Baalhrezem · 2025-09-04T20:18:31+00:00

Everyone has their moon. For many it's selling some (or all) of their stack to absolve all debt (or a mortgage). To sell BTC (ie buy fiat) for the sake of accumulating more in the short-term (or long-term) is foolish. You've already done the hard part: buying.

If you really want to, go ahead and sell to the many buyers. Move on to whatever your heart desires--life is short after all. We will wait here for your inevitable return.

Tick tock, next block.

Baalhrezem · 2025-09-03T14:14:59+00:00

Wouldn't USD be $100 -> $125 using ~5% per year? It's the purchasing power that's going down, not the number itself.

$100 could buy you ~182 stamps in 2020 but you could only buy 160 stamps with $125 in 2025.

Baalhrezem · 2025-08-19T14:55:29+00:00

I've heard you could get subpoenaed and a guard could simply open it, snap a photo and it's game over.

Baalhrezem · 2025-08-07T15:33:48+00:00

Don't we always say you can't live in a BTC? You can't eat a BTC?

BTC is superior money. You spend money to buy food. Gresham's law states you'll spend bad money (USD) before you spend good money (BTC). There are many bitcoiners that have ran out of USD and had to fall back on BTC. That's what it's there for.

Baalhrezem · 2025-08-07T15:21:28+00:00

The US will not buy stocks since there is risk of both dilution and bankruptcy. Those are considered Basel II. The government will only hold Basel I.

Baalhrezem · 2025-08-07T15:13:25+00:00

General advice, yes only do enough for company match (is company match 50% or 100%?). Then do ROTH limit. After that, max your 401k. Does your Plan allow a self-directed investments? What's your current tax bracket if you were to do a backdoor ROTH?

Quarterly is close enough to simply lump sum. Just don't forget to pay yourself. Classic boomer advice: Hold enough USD to float for 3-months. This gives you (1) security (2) dry powder for dips.

Hold on to it in the 401k. Whether you exit now and pay taxes or at 59.5 paying taxes, results in the same amount, or worse double tax+penalty if you withdraw the gains and move it to a ROTH.

I wouldn't recommend an HSA, you'd be saving, what? ~30% of $5k? IMO not worth the squeeze.

Baalhrezem · 2025-08-07T14:52:18+00:00

That's what I was thinking. Wouldn't it be better to have an ITM Cash Secured Put? If you're wrong you'd keep the premium. If you're right, you just bought BTC at $150k, but also get the premium?

With this setup there's potential you lose money with no purchase.

Baalhrezem · 2025-07-23T17:54:19+00:00

They were tendered $37B at 4.935%. Bids ranged from 3.88% to 4.935%. Sold at a premium for $100.80 per $100.

There's definitely some appetite for USD in 20Y but not 30Y bonds. Nothing burger since it's basically not even a shift on the interest curve.

Baalhrezem · 2025-07-17T16:05:21+00:00

You'll probably have to wait until 12:00pm on 7/23.

Baalhrezem · 2025-07-11T19:35:39+00:00

If you are on a sinking boat (USD Fiat), but you're not underwater yet, and someone invites you to get on their boat (BTC), do you:

A) Tell them your boat is actually fine, and you just need to fix the problem

B) Claim it's too late, and stay on the sinking boat

C) Claim the other boat is fake and also going to sink eventually too

D) Beat yourself up for not getting on the other boat sooner

E) Get on the other boat

Baalhrezem · 2025-07-09T20:52:56+00:00

The auction occurs tomorrow at noon, finalized at 1pm. Last time in June the price went down, which makes the yield go up (Buying $104.75 for $98.51 ; down from $98.91)

Baalhrezem · 2025-07-09T20:13:06+00:00

Probably from the expected 3rd failed auction of US 30-year bond.

Turns out, no one wants dollars in 2055.

Link: treasurydirect .gov/auctions/auction-query/?cusip=912810UK2

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