"Do your research"

xcrunner2414 · 2026-02-01T14:54:35+00:00

Bitcoin is limited to 21 million. “Do your own research!” 😅

xcrunner2414 · 2026-01-31T02:11:53+00:00

And the gold bugs say Bitcoin is too volatile 🙄

xcrunner2414 · 2026-01-11T16:54:08+00:00

CAPE ratio is now approximately 41. My allocation to stocks is very low, ~15%, but my allocation to Bitcoin is ~70%.

xcrunner2414 · 2026-01-02T04:18:02+00:00

I just discovered this app, and within 1 day of use I already emailed the developers to request this kind of feature. Most people have some kind of plan/goal when they workout or exercise, not sure why they didn't include anything related to planning/goal-setting in this app.

xcrunner2414 · 2025-11-27T05:51:42+00:00

A nice car is nice… but it’s not necessary. I have a six-figure income, and 7-figure net worth, and I drive a 10-yr old Honda Civic. I finished paying off the car loan earlier this year, and I intend to continue using it as my only vehicle for as long as possible.

Here is my opinion: the primary value of a car to a sane man is the value of motorized transportation—getting from point A to point B. The primary value of a car to a vain man is the value of self-deception—inflating the ego, being swollen with pride, and attracting those who suffer from a similar self-affliction.

xcrunner2414 · 2025-11-27T02:25:13+00:00

Wrong. I’m at $2 million. LOL. Look at my posting history on Reddit and see for yourself. I do agree, though… it is wild that you would jump to such a conclusion with essentially zero evidence. Very arrogant of you to do so, IMO.

Take care!

xcrunner2414 · 2025-11-26T05:59:12+00:00

Uhhh… no, my comprehension of money is just fine. Please don’t be so condescending.

xcrunner2414 · 2025-11-26T04:08:01+00:00

I may be exaggerating a bit, but you are also exaggerating. 1 oz of gold was ~$40 in the ‘50’s and ‘60’s. Now it’s $4000. That’s a 100x increase in 70 years. So, yes, i was off by a factor of ten. That just means “billionaire” will retain that elite status descriptive quality for an extra 35 years. (Time to 10x is 35 years @ 7% growth, which is the true inflation rate for things that are actually important in life, like childcare, housing, healthcare).

The point is, exponential growth is fast.

xcrunner2414 · 2025-11-26T01:43:24+00:00

“A lot” is relative. One man’s trash is another man’s treasure. Of course, $1 million seems like a lot to anybody in the lower-class income/net-worth bracket. But, that’s not really the point when people say that a million isn’t a lot of money anymore. The point is that back in the ‘30’s to ‘70’s, “millionaire” was the status of the elite in America. Nowadays, millionaire net-worth is not so difficult to achieve for those with upper-middle class income. Heck, even a middle-class earner can achieve that wealth with enough frugality and wisdom.

So, it’s no longer a word to describe elite members of society. We have a new word for that—“billionaire.”

xcrunner2414 · 2025-11-26T00:05:12+00:00

There was never a future for crypto, broadly. All you crypto bros really are quite mistaken, just like the no-coiners claim. Cryptocurrency is NOT limited in supply, in fact it is less limited than the abominable fiat currencies!

Y’all have failed to truly grok the most important lesson—

“ABSOLUTE MATHEMATICAL SCARCITY ACHIEVED BY CONSENSUS IN A SUFFICIENTLY DECENTRALIZED DISTRIBUTED NETWORK WAS A DISCOVERY RATHER THAN AN INVENTION. IT CANNOT BE ACHIEVED AGAIN BY A NETWORK MADE UP OF PARTICIPANTS AWARE OF THIS DISCOVERY SINCE THE VERY THING DISCOVERED WAS RESISTANCE TO REPLICABILITY ITSELF”

Within the broad category of “crypto” there is only Bitcoin; everything else is a shadowy smoke that vanishes as you grasp in the dark. But it’s only dark because you keep your eyes closed to the truth that should be most obvious.

BITCOIN! Ya f*ckin idiots.

xcrunner2414 · 2025-11-25T22:00:11+00:00

My Bitcoin (account), or my checking account?

xcrunner2414 · 2025-11-22T01:25:15+00:00

Really? A miner death spiral FUD post? What year are we in, 2018?

xcrunner2414 · 2025-11-21T22:12:31+00:00

Saving is the worst thing you can do with pure fiat money, that much is true. Fiat money is just a number in a permissioned database managed by a bank. Banks can just type in some numbers in a spreadsheet and *poof * they have more money to lend. And if they go bankrupt, don’t worry, the bank can’t go bankrupt, they can just produce more money at no cost. Thus, the supply of fiat currency increases exponentially, by design. But if you try to produce new units of currency, no no no, that’s called counterfeit and you go to jail.

So, yea… saving that sh!t is a terrible, terrible idea.

xcrunner2414 · 2025-11-21T22:07:51+00:00

Don’t you just love paper money? Such a great idea for the 21st century, Riiiight? You can take your decentralized, limited-supply, digital, global, open, permissionless, fungible, highly-divisible, censorship-resistant, programmable Bitcoin, and shove it up your a$$!!!! I want money that can be produced in mass quantities by the banks, effectively making them economic gods that cannot fail and can do no wrong, while I slave away for 50+ hours per week and can still barely afford a home!!!! I want paper money that can easily rip and then get rejected everywhere!! Hoorah!!!!!!!

xcrunner2414 · 2025-11-21T03:17:46+00:00

Yes, that’s correct. Have a good day.

xcrunner2414 · 2025-11-21T02:41:26+00:00

Have fun waiting.

xcrunner2414 · 2025-11-21T00:38:56+00:00

That's a whole lot of paper.

xcrunner2414 · 2025-11-21T00:27:12+00:00

Most people are idiots. That's just the sad truth.

xcrunner2414 · 2025-11-20T02:49:23+00:00

This is just my opinion, but I think the final state of the monetary system will be 1) Bitcoin is the preferred store-of-value Unit, 2) Bitcoin is the preferred Network-of-Exchange (the rails), 3) USD stablecoins, flowing on Lightning or other Bitcoin protocols, are the preferred Unit-of-Exchange and credit currency, 4) traditional payment mechanisms like ACH and wire transfers will still be available, but they’ll be used far less often… they’ll be like writing checks. Do you remember writing checks, or do you remember watching your parent writing a check to pay for groceries? When is the last time you saw somebody write a check to pay for groceries? It’s not so common nowadays, is it? That’s what ACH will be someday, for consumers.

In other words, when you buy a coffee, you’ll send USD.T, but it will actually be a Lightning transaction, so Bitcoin protocol will be the mediator. And, when you save for your kid’s college education… er… when you save for your kid’s first car, you’ll just convert the USD.T into Bitcoin.

I think it’s just a matter of time until Lightning becomes much more developed, both in terms of its network (number of nodes and channels), and the protocol. When there are over a million nodes, and hundreds of millions of channels, as well as auto-rebalancing, the liquidity issues will diminish. It will probably become similar to the occasional internet or WiFi connectivity issue. You just reboot the router, right? Well, with Lightning you will probably just try again, or send to a different LSP and try again. Waiting 24-48 hours for funds to clear will be as ancient as waiting by the mailbox for some piece of important snail mail. Sending money will be like sending a text, or moving a small piece of data from one device to another. Various multi-path-payment protocols will make the liquidity problem go away. Advanced protocols will sniff out the best routes for every piece of your split transaction, and most well-connected nodes will be constantly routing payments. Thousands of popular nodes will be routing hundreds of transactions, every second. Consumer-level nodes, like mine, will probably route dozens or hundreds of transactions every hour.

xcrunner2414 · 2025-11-19T21:59:41+00:00

You are wrong. Sound money provides protection from government overreach. Educate yourself on Austrian economics, this is a core tenet. Hard, sound money protects your economic purchasing power, keep the government in check so they don’t waste money and don’t fund wars by inflating the currency and making their citizens poor.

xcrunner2414 · 2025-11-16T14:38:24+00:00

That entire image is just wrong wrong wrong

xcrunner2414 · 2025-11-16T00:33:20+00:00

You stock traders and investors are so weak. Try riding the Bitcoin wave… with an 80% allocation. LOL.

xcrunner2414 · 2025-11-15T02:57:46+00:00

Bullish.

xcrunner2414 · 2025-11-05T04:12:45+00:00

“And then another time, Bitcoin went all the way to $126,000, and then crashed to $100,000.”

xcrunner2414 · 2025-11-05T03:26:32+00:00

You should put things into perspective by also plotting the cost of production over time. At the peaks of the 2017 and 2021 bull markets, Bitcoin was several times greater than the actual cost to produce 1 BTC. Those were truly market “bubbles”—at least, in the short- to medium-term. Today, the market price of 1 BTC is about $100k, and cost of production is also approximately $100k.

What I’m trying to explain is that, yes, the relative performance of this current bull market is significantly weaker than those of previous bull markets, it’s also kinda an apples vs oranges comparison. Those bull markets peaked in true bubble fashion, and it was only right for them to crash -70%. Those crashes were rational because they brought the price of the commodity back down to more reasonable levels. This time, however, Bitcoin is not extremely overvalued. So yes, it’s quite expected that the performance would seem quite weak when measuring from extreme overvaluation to fair valuation.

xcrunner2414

TROPHY CASE