spacestr

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drgo
Member since: 2023-02-01
drgo
drgo 10h

If we assume bitcoin continues following its long established price trend for 26 more years, bitcoin will be worth $21M per coin in the year 2051. That would be an average annual compound growth rate of 22.3%, but most of that will be front loaded… If one assumes this really does happen, what would one rationally pay today for a bitcoin that will be worth $21M in 2051? Well, we need to assume a risk free rate. Let’s try 2%, 4%, 7%, and 13% RFR 2%, bitcoin would be $12.5M RFR 4%, bitcoin would be $7.6M RFR 7%, bitcoin would be $3.6M RFR 13%, bitcoin would be $875,000 With 30-year treasuries at 4.821%, one bitcoin today would be wisely bought at or below $6.17M assuming future bitcoin price of $21M in the year 2051. Thus we conclude market assigns a 1.84% chance of bitcoin reaching this price (Current price divided by fair present value)…1 in 54 ain’t bad odds, but I think the market has it all wrong.

drgo
drgo 1d

Are you hinting at definitive proof I’m not aware of or are you merely inserting what would be your intentions if the same fact pattern happened to you? Grown ups can solve their own problems without outsiders having an opinion.

drgo
drgo 4d

That was a rather PIMP move by Trump. Just standing next to Powell, Trump makes him appear to be a little boy, but the boss move of “here, look at this paperwork while I hold a press conference to mock you” was outstanding maneuvering. Powell should resign to end his own embarrassment.

drgo
drgo 4d

lol…it looks like I still have 2000 XRP from the 2013 giveaway of tiny fractions of the 100 Billion ripples that they made for themselves….but of course they hosted the wallet and they don’t host the wallets any more. Glad I sold almost all of my XRP for btc back in the day.

drgo
drgo 4d

While I suppose anything is possible, this is not the I know. It is a smart business move, sure, but he’s not a dick. If someone’s getting legit hurt i can’t imagine he’s gonna persist…but until the right person asks the right person, who are we to trash talk one of the prime movers in the bitcoin security space? Don’t get me wrong, I most certainly do not believe in hero worship whatsoever, but I don’t just assume someone who has done a great service to the community is a dick just because he is smart and successful.

drgo
drgo 4d

Aussie bitcoiners are badass. If you’ve never been to a https://bitcoinbushbash.info, you are really missing out. How does one get to a bush bash? It takes work. These are not held in easy to get to places with the intent of keeping the riff-raff out…and it works. Sure, it takes proof of work to get there, but the quality of the hearts and minds present is second to none. So, how do you get to a Bush Bash? Do you need an invite, like Satoshi Roundtable (which I’ve been to twice and it was great)? Nope. Do you need a $3,000 VIP BTC Prague ticket (been there, done that)? Nope. Do you need to register? Nope! Just show up. If you can get there, you’re almost certainly legit. Reminds me of a bigger version of the hyper local bitcoin bitcoin meetup I went to in Minneapolis in 2013…same energy and same curiosity and enthusiasm. Busselton, WA – Fri 31st Oct → Sun 2nd Nov – Shelter Brewery Parkes, NSW – Fri 28th → Sun 30th Nov – Cooke Park Pavilion Also, meat in Australia is beyond good. Their beef is as good as US beef, but their lamb is far far better…and of course kangaroo as a delicacy is beyond delicious, even if a little hard to come by. If anyone wants to go to Palm Cove in 2026, shoot me a message. I want to bring my wife and kids next year.

drgo
drgo 4d

_IF_ owns any of those domains, I’m sure he’d redirect to wherever the “real” destination should be if the SS dev team asked (or transfer control of domain name). But I’m not convinced redirection destination is proof of ownership (it’s just suspicious, not proof).

drgo
drgo 4d

I want to join a citadel!

drgo
drgo 5d

Indeed!

drgo
drgo 5d

Meh. BNB will fall to use case value in time. Which isn’t extremely high. He can’t unload it quickly and will have to unload slowly to keep price high.

drgo
drgo 5d

The place to be last night was Palm Cove for for sure.

drgo
drgo 5d

Because the CIA forgot to get a warrant to listen to your EMF instead of just your voice :)

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Bitcoin OG since 2010, former laptop solo miner, blockstream satellite node runner, #2A rights user, radiologist

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