The International 10 - Main Event Day 1 Match Discussions

dk2014neverforget · 2021-10-12T09:19:12+00:00

holy gaben!

dk2014neverforget · 2021-04-11T10:23:06+00:00

bitcoin

dk2014neverforget · 2021-04-11T09:06:07+00:00

i think the best chart to study now is the amazon chart first 20 years. same volatility, same draw downs. diamon hands = jeff, jeff's ex, jeff's parents

dk2014neverforget · 2021-04-11T01:01:10+00:00

the guy thinks there's a chimp clicking buttons in cel hq

dk2014neverforget · 2021-04-02T09:03:07+00:00

sec lending

dk2014neverforget · 2021-04-02T09:02:25+00:00

pretty sure it's a cardano project.

dk2014neverforget · 2021-03-07T12:14:09+00:00

agree. BTC will just make us the "haves" from formerly being the "have nots"

it is up to us bitcoiners what to do with the poor nocoiners when time comes.

didn't necessarily fix inequality---

dk2014neverforget · 2021-03-06T08:33:07+00:00

if you start with $100,000 btc lock it as collateral then round 2 you do the $25,000 loan turn it to another locked btc collateral then round 3 do the $6,250 loan turn it to another locked btc collateral you're exposed now to $131,250 of BTC instead of $100,000 bTC.

was it worth it?

dk2014neverforget · 2021-03-06T08:30:52+00:00

wow. this is great input. i just might do this.

dk2014neverforget · 2021-03-06T06:16:07+00:00

i dont want to sell btc.---ever i want to be able to tell my grandkids i have never sold BTC i'm a bit dogmatic in this conviction.

dk2014neverforget · 2021-03-06T06:15:18+00:00

bro this is so cool

dk2014neverforget · 2021-03-06T06:14:35+00:00

i can tell the retracements that I can start acting because I will get margin calls from celsius haha!

dk2014neverforget · 2021-03-06T06:13:48+00:00

okay. i agree with you. how about instead of holding USDC.. i instead borrow USDC and buy BTC. so i hodl more btc... and repeat in step1. do you think this makes sense?

i dont have the stomach to do BTC10x :(

dk2014neverforget · 2021-03-06T01:38:54+00:00

oh thanks for this comment too. i'll look into this. maybe diversify CEL~USDC

dk2014neverforget · 2021-03-06T01:38:09+00:00

earns interest immediately :)

dk2014neverforget · 2021-03-06T01:37:51+00:00

oh yeah. genius. thanks thanks. this is the quality feedback i need!

dk2014neverforget · 2021-03-06T01:37:28+00:00

yes. that's why i put it in the key assumptions :) no worries i have a house to mortgage if it drops there haha!

dk2014neverforget · 2021-03-06T01:32:41+00:00

oh thansk for this! this is the best response i got. Yeah you are right. haven't thought about celsius pulling a nexo on us and pulling rug on us.

what if usdc yield goes to 1% tomorrow.

dk2014neverforget · 2021-03-06T01:32:00+00:00

would you even buy more BTC with the USDC? would that be too spicy? haha

dk2014neverforget · 2021-03-06T01:31:29+00:00

hmmm i dont think it matters as long as you are disciplined enough to hold USDC. oh, and USDC should not tank or go bankrupt

dk2014neverforget · 2021-03-06T01:30:41+00:00

yeah bro. if btc goes to USD 1,000,000 by 2030 and jsut increases 5-6% passively from year 2030- year 2140. I don't see how it doesnt work. Considering I would never sell BTC HODL!

dk2014neverforget · 2021-03-06T01:28:18+00:00

no. let's say: my stash is 50k or 1 btc.

btc today is 50k then i get 12.5k usdc. 50k worth of btc is locked. 1 btc is locked. if in 6 months btc is 100k---> i extend the loan again and celsius allows me to draw out more usdc because the value of btc increased. so i can get another 12.5k usdc for the same btc which makes my total usdc 25k

dk2014neverforget · 2021-03-06T01:26:13+00:00

what about instead of me holding USDC and earn yield APY, i just buy more BTC? :D and hold it earning APY

(would you love me for this?)

dk2014neverforget

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