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Re: BTC in the PP
Posted: Fri Oct 10, 2025 11:01 pm
by boglerdude
> he'd give me a 10% discount for paying in bitcoin
What I'm watching for in terms of adoption, but as social trust erodes I'm inclined to use credit cards where you can dispute.
There's a problem unfolding in CA with the state not paying out "inflation act" rebates and the HVAC guys are going after customers.
Re: BTC in the PP
Posted: Sat Oct 11, 2025 11:26 am
by dualstow
Bread has moved to Coinbase, and Coinbase is now Base.
I can still get in with my 12 magic words, thank zod (Marc’s gift is worth $9,999 this weekend)
but I no longer see a way to log out.
This app makes me nervous.
Re: BTC in the PP
Posted: Wed Oct 15, 2025 3:47 pm
by seajay
viewtopic.php?p=259177#p259177
8/25/50/17 bitcoin/gold/stablecoin/T-Bills perhaps, where the T-Bills might be periodically withdrawn to buy 'things' with and a few days later returned back into T-Bills.
Re: BTC in the PP
Posted: Mon Nov 17, 2025 9:09 am
by dualstow
Jeff Sica on Fox Biz said, “Owning bitcoin is like having a tiger as a pet. It’s cool to tell people about it until it eats you.”
Re: BTC in the PP
Posted: Tue Nov 18, 2025 8:36 am
by ochotona
dualstow wrote: ↑Mon Nov 17, 2025 9:09 am
Jeff Sica on Fox Biz said, “Owning bitcoin is like having a tiger as a pet. It’s cool to tell people about it until it eats you.”
I was just thinking, this is
GYROScopicinvesting.com imagine a tiger holding a tasty gyros sandwich stuffed with man flesh
I need to find a Greek restaurant...
Re: BTC in the PP
Posted: Tue Nov 18, 2025 10:32 am
by dualstow
I miss gyros. I should go back to a street vendor one of these days.
Re: BTC in the PP
Posted: Thu Nov 20, 2025 9:48 am
by Smith1776
man flesh...
...Lord of the Rings?
Re: BTC in the PP
Posted: Thu Nov 20, 2025 1:39 pm
by Dieter
Dieter wrote: ↑Fri Oct 10, 2025 11:08 am
frugal wrote: ↑Fri Oct 10, 2025 9:21 am
Dieter wrote: ↑Wed Oct 08, 2025 11:57 am
I bought a little IBIT
Plan to do quarterly purchases
Guess it's time for it all to come crashing down
Hi
Nice move on starting small and scaling in with quarterly buys — that’s a solid way to build a position over time.
Curious though… why did you decide to go with IBIT instead of self-custody?
From a tax perspective, ETFs are usually less efficient (at least in many jurisdictions), and you don’t actually own the underlying asset directly. With self-custody, you’d typically avoid some of that drag and also control the asset yourself.
Also, why not buy directly through a bank or crypto exchange? Was it mainly for simplicity / convenience, or do you have a specific tax or compliance reason for choosing the ETF route?
It's in a tax advantaged account, so, no worries about taxes
Going with an ETF was so much easier -- I've purchased ETFs before, so, just had to make the decision to buy crypto.
And taxable vs IRA\401(k)
And decide which (Bitcoin vs Etherium vs ...).
And then how (Exchange vs ETC)
Then which ETF
Aka, didn't want to also at this time figure out a crypto exchange
Figuring out a crypto exchange might be a future exercise now that I've dipped my toes into crypto
(although also maybe to get some physical silver \ gold being another todo)
Damn, another down day (so far) for IBIT.
And the overall US stock market.
The times are getting even more interesting
(albeit not surprising)
As of now, my IBIT is down 29%; SIVR up 2.2% (bought both 10/8; plus a couple of small purchases since of IBIT)
Yeah, not my best financial short term timing, but, at least IBIT is still less than 1% of my investible assets
Re: BTC in the PP
Posted: Thu Nov 20, 2025 2:03 pm
by dualstow
Smith1776 wrote: ↑Thu Nov 20, 2025 9:48 am
man flesh...
...Lord of the Rings?
Re: BTC in the PP
Posted: Fri Nov 21, 2025 10:55 am
by flyingpylon
flyingpylon wrote: ↑Fri Oct 10, 2025 12:36 pm
dualstow wrote: ↑Fri Oct 10, 2025 11:48 am
flyingpylon wrote: ↑Fri Oct 10, 2025 9:50 am
Just scheduled a time to have my lawn aerated, and the guy said he'd give me a 10% discount for paying in bitcoin. He says it's going to $202k soon.
So I told him "Well if that's true then I guess I'll be paying in cash!"
202, that’s very specific
Yes well you see he's built his own prediction model and claims that he's usually pretty accurate. Says $202k is the short-term top. ¯\_(ツ)_/¯
He's a bit of a character, but he does a good job on the lawn for a reasonable price!
"When even shoeshine boys are giving you stock tips, it’s time to sell..."
Re: BTC in the PP
Posted: Sat Nov 22, 2025 12:35 pm
by mathjak107
ibit is 2% of the portfolio.
i wouldn’t sit on more than not no matter whether i thought it was headed up or down .
its more like a tech stock then alternative now
