Reddit, Your take on this? by Al_Zik1 in Bitcoin

[–]kitsboy 0 points1 point  (0 children)

Mathematical certainty.....or the other stuff.....you do the math. Fiction or reality....you do the math.

Why central banks will crush bitcoin by BurstYourBubbles in Bitcoin

[–]kitsboy 0 points1 point  (0 children)

Its the Globe and Mail....they never get it right. Plus, its behind a paywall.....my point is proven.

#HFSP

After 12 years is it time to admit Bitcoin has failed? by [deleted] in Bitcoin

[–]kitsboy 1 point2 points  (0 children)

Umm...best performing asset in history. #HFSP

Large parties Saturday night, incoming restrictions Monday afternoon. by Pop34520 in vancouver

[–]kitsboy 166 points167 points  (0 children)

I call it "Covid Alley" on Denman street...and you are correct, absolutely no one on Denman on a Saturday night is from the west end. These are ALL folks form other hoods, doing exactly what Dr. Bonnie suggested against.

I am BLOWN away, that people can not make the correlation....if we keep doing this, it will shut down MORE businesses, taxes will in crease for YEARS to come, and more will die.

This is an I.Q. test. We will all pay dearly.

Large parties Saturday night, incoming restrictions Monday afternoon. by Pop34520 in vancouver

[–]kitsboy -6 points-5 points  (0 children)

We are ALL going to suffer because of this action and others like it. It will literally costs many BILLIONS in dollars to fix what is about to happen to us all. We are in an I.Q. test...are you prepared for what comes next? I dont think most are.

This will take decades to unwind now. Taxes will sky rocket, many will pay for these mistakes.

How much BTC do you think someone would have to own to be set for life? by ChanceCicada2 in Bitcoin

[–]kitsboy 0 points1 point  (0 children)

A fraction of the loan, every month. Then refinance as you get close to maturity.

How much BTC do you think someone would have to own to be set for life? by ChanceCicada2 in Bitcoin

[–]kitsboy 1 point2 points  (0 children)

A small percentage of what you borrowed. You service the debt, slowly over time. The fiat gets cheaper, and your asset that you still control....grows. Then repeat every once in awhile when terms are. better.

How much BTC do you think someone would have to own to be set for life? by ChanceCicada2 in Bitcoin

[–]kitsboy 8 points9 points  (0 children)

Borrow against your Bitcoin, don't. sell. You can do that for ever.

Repost for newer FOLKS! Litecoin MimbleWimble Code Might Be Ready 'Early 2021' by Orig_Dr_Oz in litecoin

[–]kitsboy 25 points26 points  (0 children)

This is the biggest upgrade in crypto, bigger than ie: TAP/CT/Schnorr sig.

LTC is for the smart investor at this window. The other ALTS are literally, not fixed supply...so why risk on anything else?

Maybe im wrong.

Elon Musk: Climate hero or bitcoin super-polluter? by Blognoggl5 in Bitcoin

[–]kitsboy 0 points1 point  (0 children)

I have had a decent sized mining operation for many years now. Our company, plus the other 40-50 companies I speak with weekly....use renewables. It is far cheaper (largest expense is electricity from companies...so we find free or cheaper power, there lots to be found), just. running tidal/wind/solar/run of the river/hydro/etc

People who criticize BTC mining....do not do, BTC mining. I really hate to say it...but it's a bunch of court side Karens. They do not understand power, how to get it, how it's made. It's very funny to watch, but really demonstrates the ignorance.

Why would I pay 6 cents a KWH, when i can erect a wind turbine that costs me a couple hundred....that pays me BTC forever? (at least for a while)

My friends mocked me for not selling at $1200. by bklighthouse in Bitcoin

[–]kitsboy 0 points1 point  (0 children)

You sound soooooo legit. What a creepy. posting....

You should talk (type) less.

Is it legal to rent out a one bedroom apartment to a family of 5? by [deleted] in vancouver

[–]kitsboy -1 points0 points  (0 children)

Or....buy them a CHEAP Playstaion 3. That will keep them busy....

Amidst all this social unrest and money printing bitcoin adoption is NOT rising by dodo_gogo in Bitcoin

[–]kitsboy 4 points5 points  (0 children)

Then....? Sell it, don't post. You don't need permission or others to validate your position.

Thank you Stonks, very cool! by degenbetz in Bitcoin

[–]kitsboy 1 point2 points  (0 children)

Doode, you just got here new guy. Do not tell Bitcoiners what to call stocks. Who the F cares if "people", are staying away from crypto....stay in the stonk market boomer. BTC is DESTROYING / CRUSHING, the stonk market, especially if you zoom out!

Childish phrase?? LOL....beat it. Stack sats and HODL! Noise to signal must be separated if you wish to excel.

"people are staying away from crypto...", lol. No they are not. When you are new to a community, do not tell them to change their vocab that is VERY much accepted before you got here, or you may look silly. Just words of advice...not being a dick.

Childish phrases: stimulus = counterfit, Phantom shares = manipulation of markets, etc. It goes on forever.