brute journal

Where are you and where are you going?
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BRUTE
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Re: brute journal

Post by BRUTE » Sun Oct 01, 2017 2:44 pm

3.9 years of expenses

dagiffy
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Joined: Sat Jul 25, 2015 2:06 pm

Re: brute journal

Post by dagiffy » Sun Oct 01, 2017 3:18 pm

BRUTE wrote:
Mon Dec 28, 2015 8:09 pm
brute has 3x yearly expenses saved
Brute is the greatest thing that ever lived. I'd love to own that factoid for myself.

dagiffy
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Joined: Sat Jul 25, 2015 2:06 pm

Re: brute journal

Post by dagiffy » Sun Oct 01, 2017 3:19 pm

BRUTE wrote:
Sun Oct 01, 2017 2:44 pm
3.9 years of expenses
Even better...you are young and strong and you're running against the wind.

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BRUTE
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Re: brute journal

Post by BRUTE » Sun Oct 01, 2017 5:59 pm

definitely strong

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Kriegsspiel
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Re: brute journal

Post by Kriegsspiel » Sun Oct 01, 2017 7:09 pm

I saw they had a profile on you recently.

https://www.inc.com/sonya-mann/bitcoin-carnivores.html

slowtraveler
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Re: brute journal

Post by slowtraveler » Sun Oct 01, 2017 10:08 pm

Brute makes good progress. Soon Brute be 30x.

dagiffy
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Re: brute journal

Post by dagiffy » Sun Oct 01, 2017 10:34 pm

Felipe wrote:
Sun Oct 01, 2017 10:08 pm
Brute makes good progress. Soon Brute be 30x.
Your strategies are devastatingly effective. Truly the following poem is about your glorious march to FI:

And I wait for the men who will win me -- and I will not be won in a day;
And I will not be won by weaklings, subtle, suave and mild,
But by men with the hearts of vikings, and the simple faith of a child;
Desperate, strong and resistless, unthrottled by fear or defeat,
Them will I gild with my treasure, them will I glut with my meat.

--Robert Service

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BRUTE
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Re: brute journal

Post by BRUTE » Sat Nov 04, 2017 5:21 pm

4.7 years of expenses

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singvestor
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Re: brute journal

Post by singvestor » Sun Nov 05, 2017 2:32 am

Fast progress! How high are your yearly expenses?

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BRUTE
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Re: brute journal

Post by BRUTE » Sun Nov 05, 2017 11:16 pm

very high

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FBeyer
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Re: brute journal

Post by FBeyer » Mon Nov 06, 2017 1:53 am

And you still made half a year's expenses in one month? Giggolo side-hustle?

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BRUTE
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Re: brute journal

Post by BRUTE » Fri Nov 10, 2017 3:46 am

bitcoin up 60% in one month

slowtraveler
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Re: brute journal

Post by slowtraveler » Fri Nov 10, 2017 11:06 am

Seriously. I'm considering putting in a 500-1000 just in case it goes to the moon.

You're 20% of the way there. Congrats, Brute.

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C40
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Re: brute journal

Post by C40 » Fri Nov 10, 2017 3:49 pm

It already is to the moon. But it can keep going, right? I don't know much of anything bout bitcoin, so don't take my opinion for anything, but I think we're approaching a bitcoin bubble pop. Why? I'm starting to see idiot vandwelling hippie losers talk about bitcoin investing on Instagram. But even if there is a pop coming, in how long? There are a lot more losers that could get in (and a lot more fast growth) before it pops.

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bryan
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Re: brute journal

Post by bryan » Sat Nov 11, 2017 11:12 am

It being to the moon already means I would expect some correction/settling out to happen, shortly. The moving average I am looking at, which has been a "floor" in the past, is at $5k. It's the one I use for estimating my BTC worth for NW purposes. Decent way to mostly avoid the daily price drama. I still expect most demand to come from wall street; main street if an ETF comes around.

I only know one person (!, unless others are keeping mum) who has bought some BTC within the last few months (who hadn't before). Family are finally happy that I got them some BTC for xmas years ago (though my uncle had the most fun with it by keeping the paper wallet on him and always whipping it out any time he overheard someone talking about Bitcoin). The main reason I am still holding Bitcoin now is the overall economic/market situation/prices, otherwise I'm a bit bearish on Bitcoin.

I think people underestimate the psychological factor at play with (especially the Bitcoin) price; they don't quite understand what it means to have no new "shares" being issued, no "stock splits" possible, and prices being set on the margin. Demand amplifies and mostly controls the price. The best that can be done for now is start quoting the mBTC price: $6.40. See! Not very hard to believe it could go up to $32 or higher! Market Cap is a similarly weird thing (humans seem to invent value out of thin air or set strange prices all the time). Then again I'm not so into financials, so I'm sure I'm missing some other factors or better metrics.

I just saw that the recent fall to $6.4k (-600?) has been offset by a rise in Bitcoin Cash fork $600->$1300 (+700). Luckily I still have most of those coins as well.. though I had meant to exchange them since forever. I have no explanation as to why BCH would have such a high valuation; if it's legit, we are in store for a really weird future of monies (or perhaps reliving some weird history). A bit disappointed that the new sw2x fork didn't happen though.. I guess next time I should trade fork futures ahead of time (the assumption being if the futures crash, the miners/users will not even attempt the fork)?

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BRUTE
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Re: brute journal

Post by BRUTE » Tue Dec 05, 2017 10:27 pm

6 years of expenses

suomalainen
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Re: brute journal

Post by suomalainen » Tue Dec 05, 2017 11:15 pm

How long you planning on working full time? At this rate, 2 years to 30 yrs.

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BRUTE
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Re: brute journal

Post by BRUTE » Wed Dec 06, 2017 12:19 am

volatility is volatile

classical_Liberal
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Re: brute journal

Post by classical_Liberal » Wed Dec 06, 2017 2:26 am

Cashing in on any gains or letting it all ride?

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BRUTE
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Re: brute journal

Post by BRUTE » Wed Dec 06, 2017 10:58 am

to the moon :)

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