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WhiteRabbit
WhiteRabbit@primal.net
npub1xw80...pukx
#bitcoin
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WhiteRabbit 1 year ago
I'd like to issue a giant fuck you and goodbye to Obama. I hope we never hear from you again you race baiting piece of shit
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WhiteRabbit 1 year ago
Are there any good videos that give a complete picture of Ross Ulbrichts sentence and all the shit that went down involving it?
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WhiteRabbit 1 year ago
What a surreal moment yet again for bitcoin. I cannot believe how far we have come and yet we've barely started. Congrats to everyone here who had the balls to stick with it. We're entering a new epoch - a tremendous political tailwind is now behind us and the future has never looked brighter.
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WhiteRabbit 1 year ago
Just a reminder.... Nothing stops this train... but another 4 years with Kamala is going to suck. LETS FUCKING GO TRUMP! image
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WhiteRabbit 1 year ago
Quite clear to see the "ultra-sound money" narrative was a delusion only enjoyed by the tech bros who larp'd as caring about ETH's monetary policy. Wall Street called their bluff and many tech bros still in disbelief that nobody wants to buy their trash ran by a bunch of fucking nerd technocrats that make the federal reserve leadership look almost competent. There is no second best. image
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WhiteRabbit 1 year ago
Celebrating a near ATH with all my friends who listened to my bitcoin advice for the past 11 years. Just kidding most all of them sold a bottom or took a double-digit gain and never looked back. Can't wait for the comments about how lucky i got soon. image
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WhiteRabbit 1 year ago
Bitcoin is ~4% away from it's all-time high and Etherium is ~80% away.
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WhiteRabbit 1 year ago
Wall Street execs out there still acting like they ride the short bus to the office when Saylor has given them the literal cheat code. No need to go bonkers like Saylor but when companies are sitting on 75 billion dollars of cash it would probably be prudent to take a single-digit position in bitcoin rather then literally light the money on fire with buybacks. Still early.
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WhiteRabbit 1 year ago
gm - finance friday time. I need help. I feel like this type of talk goes largely undiscussed due to the taboo of potentially selling bitcoin but maybe this helps someone else out in a similar situation too so why not make it public. I'm buying some land to develop and now in a 30 day due-dilligence period. I have 30 days to figure out the best way to finance the deal without selling corn and incurring a big cap gains bill at the end of the year. The down payment needed represents a single digit percentage of corn holdings. My first purchase in 11 years of holding and the property is where my daughter will be going to school for the next 13 years. I own another home which i am not selling (yet) and i have no mortgage either - this house is worth slightly more then the down payment i need to come up with. So my problem right now is plenty of assets and a lack of lenders to borrow from. My primary bank won't even do HELOC's (Chase). Lenders like Ledn.io charge about 13.4% to get just a 12 month loan. There are a couple other "crypto" mortgage lenders out there but seem too unproven to trust. Any other creative ideas i'm missing to use OPM (other peoples money) to finance the deal to avoid the cap gains?
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WhiteRabbit 1 year ago
"Never sell your bitcoin!" they say Also, no good lending products actually seem to exist? image
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WhiteRabbit 1 year ago
Why are bitcoin backed loans still so expensive when there is almost no default risk with a proper multi-party, multi-sig setup? Paying ~13% plus a 2% origination fee is crazy. We need more lenders.
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WhiteRabbit 1 year ago
Bitcoin is doing well. How well? I'm going to look at some property tomorrow. πŸ˜…
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WhiteRabbit 1 year ago
Omega candle has been canceled. Elon just called and said prepare the starship candle, screw the moon, we’re taking this shit to mars. πŸ˜‚
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WhiteRabbit 1 year ago
gm. You guys smell that? Nothing better than the smell of number go up in the morning. image
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WhiteRabbit 1 year ago
Anyone going to Petit LeMans? Come say hi if you see me, shouldn't be too hard to spot. image
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