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DEGEN'S HOUSE | Welcome to the House of Degenerates |
Avalanche House is coming to Istanbul on November 14th
took a SS of your comment.....read it to wife......stupid phone listening gave me bias reinforcing content....YOU CAN'T OWN LAND/HOUSE IN THE US......and when they sieze it they set the price.
ChatGPT founder’s Worldcoin hits $3b valuation - Are investors just blinded by the 'Orb'?
Mentions
Hence why selling an asset like a car is somewhat of a silly idea? Especially considering you had to buy it, earn the net loss overtime, sell it in USD, convert it, and then when the time comes to actually spend the savings (because why save money if you don't eventually intend on spending it on something like a CAR OR HOUSE) you'll have to convert it back to USD. I understand savings isn't the same as spending money, but if you're saving without ever planning on buying something to better yourself or your life (or even someone else's), you're running a fool's errand. The saying shouldn't be money doesn't buy happiness because it definitely can, the saying should be money in and of itself isn't happiness, because I see people focusing super hard on money which is admirable, yet ignoring their own needs hindering themselves from actually earning that real money they're after. Even in this case, most people that are 24 are probably going to be able to net more income using the car's actual driving capabilities (getting to work, school or heck DoorDash even) than they'll actually get use from saving said car's monetary "worth."
Not to hamper your parade. I too believe in Bitcoin... On the other hand, even if an investment is guaranteed, ENSURE you do not need the alternative assets (money, altcoins/stocks, or oh I don't know a CAR AND HOUSE) before you decide to purchase ANY asset. Not saying in your circumstances you rely on the car, but let's not remove details from such situations lest another in a not-so-similar circumstance attempts to do the same! 😅
Ugh. Of course you should. BITCOIN IS THE HOUSE... Altcoins are the table games. Yes, people come in and you here the story of how someone won a bunch at the casino but the casino doesn't care because the House always wins.
YO THATS MINE BRO!! WTF!! MY HOUSE WAS BROKEN INTO A FEW DAYS AGO!!’n
Lets just say it moved me... TO A BIGGER HOUSE!
Let me speed up the F&G index. SELL SELL SELL OMG I MORTGAGED MY HOUSE AND SOLD A KIDNEY FOR THIS
I made a deal with my wife that in December of 2024 we will buy a house with a pool and pay cash for it. I'm just buying time for 2024s perfect storm. ETFs Halving Quanative easing. ( Biden Bailout ) Then in December I will give in Funny thing is we already own a beautiful modern 1600 Sq ft condo She just wants a HOUSE HOUSE whatever!!!! She is an amazing woman and if baby wants a house. Baby gets a house. But had a thought to take her on a 1 month vacation, and buy more time in December. Shhhhhhhhh don't tell her. LOL
Reminds me of yesterday. I had 20 followers on X. I made one of those posts “Drop your Solana address below and I’ll airdrop you..” I said I would airdrop these people a HOUSE. Tell me how 30+ people managed to find my post and like, retweet and follow me and publicly drop their Solana wallet address into the replies.
I don’t give a crap about payment when any fool can use worthless fiat currency/debt tokens to pay for stuff like that… saving up long term for a house etc IS A DIFFERENT MATTER THOUGH. If you were saving up for a house, and you had 5 years… would you save fiat currency or bitcoin? You telling me that a guy accepting bitcoin for a HOUSE can’t wait 10 minutes? The fiat monetary system TAKES DAYS FOR FINAL SETTLEMENT… DAYS! But the hardest digital money in the world, you can’t wait 10min for a BIG TICKET THING?! All those garbage shitcoin projects, they claim to be transacted in seconds but the #confirmation considered acceptable for payment IS MASSIVE… in reality, their final settlement is technically speaking LONGER THAN BITCOIN. I personally use my debit card for payments and get payed 100% IN BITCOIN… At the end of the month I will sell some bitcoin to pay off the credit card at the end of the month. I used to hold enough fiat just for bills but I no longer do even that because it didn’t seem right to hold ANY OF IT. No longer holding any fiat is my personal choice and most people, even here would disagree with me… they are fine holding fiat currency and see bitcoin more of an “investment” or a “trade.” I once only saw bitcoin as a “trade” too and did the whole “crypto bro” crap from 2017-2021… Now I see bitcoin as ETHICAL SOUND DIGITAL MONEY. Gold is ETHICAL SOUND PHYSICAL MONEY and bitcoin the same EXEPT it’s far less common and digital so I can send it to my relatives living 1000 miles away in 10min conformation time while some gold coin would take 1 entire day in overnight shipping and some grifter “altcoin project” can Solana could get shutdown and “restarted” and the number of conformations required for full settlement taking MANY HOURS. Holding bitcoin doesn’t mean you understand bitcoin… like holding fiat currency means you even understand how fractional reserve banking works or fiat currency debasement etc. Even after seeing their cost of living moving past their ability to keep up, most Americans will continue to hold fiat currency… they don’t know any better. Most here even will continue to “trade” and play with the crypto casinos, they don’t know any better.
Depends on the income.. the “excess” income might not be enough to compensate. I will give you an example. About 2 years before paying off my house with my investment gains, I SERIOUSLY THOUGHT ABOUT SELLING MY HOUSE to go back to school full time and get into nursing or veterinarian etc. My normie parents thought it was a good idea… even to live in a car while going to school. (Not wanting to borrow student loans). I did the actual math, and concluded that if I PAYED OFF MY HOUSE INSTEAD, my income pocketed would be MORE THAN BECOMING A NURSE. I have zero regrets too, because I looked up the actual take home pay of a coworker who is USDA veterinarian and after TAXES, STUDENT LOANS AND RENT/MORTGAGE, we pocketing THE SAME AMOUNT!!! Actually, after also factoring unrealized capital gains in hard assets like bitcoin, real estate etc, my veterinarian colleague was actually POCKETING LESS BY ABOUT $10,000/yr. Zero debt making average income with zero mortgage/rent and zero student loans IS EQUIVALENT TO A NORMIE INDEBTED PERSON MAKING DOUBLE in a same state. The numbers are even more shocking when factoring the cost of living. Example, a Walmart trucker in Tennessee actually takes home about the same as a average physician living in a HIGH COST OF LIVING CITY like Brooklyn or San Francisco, after taxes, and student loan debt obligations. When adding bitcoin too the numbers, it’s even crazier…the average surgeon can’t save enough bitcoin in 2023 compared some burger flipping wagie who was stacking like a MAD MAN in 2014. Bitcoin is compounding at a rate faster than most people can keep up with.
WRONG. By time that heart surgeon HAS COMPLETED RESIDENCY, and has finished their boards etc, they are about middle aged. The average medical resident is 27 and surgeons take about 5-7 years of residency training… they finish about 32-35… that knocking on the door of MIDDLE AGED. THEN you have to factor in debt burdens… it’s rare to see doctors with $300,000 of student loan debt now. By time the surgeon already “catches up” with the “dumb” truck driver with a GED/HS degree who was driving since out of n highschool… THE SURGEON WOULD BE ABOUT 50… And we haven’t even factored the numbers of the “dumb” plumber or truck was getting payed in bitcoin etc. The normie debt slave doctor might NEVER CATCH UP! I did some basic calculations on my own income. I am 100% debt free WITH A PAYED OFF HOUSE. This year I will make about $60,000 at my job as a lab tech. Having zero debt and zero mortgage/rent and zero student loans (the size of a veterinarian, pharmacist, doctor) puts me at the SAME LEVEL AS A VET/PharmD living in the same state. (And a average physician living in a high cost of living state like Cali, NYC etc) That is to say a normie indebted Vet/Pharmacist actually pocketing the same as me after TAXES AND MORTGAGE/RENT AND STUDENT LOANS. Now, if I include living and saving on a bitcoin standard along with unrealized capital gains of a payed off house and bitcoin , I would technically be on the same level as a normie indebted pediatrician ($150,000) living in the same state and a normie general surgeon living in California, NYC etc ($300,000). It seems “crazy” but you can do the numbers yourself USING A GROSS UP SALARY CALCULATOR. My great grandmother learned these basic things when she was a nurse. Her wealthy private clients/patients taught her about saving in hard assets and dumping worthless pieces of paper. She became wealthy and she was not some fancy surgeon. All I did was to copy her… for 15 years (after my first real full time job) AFTER ALL LIVING EXPENSES PAYED FOR, I DUMP FIAT CURRENCY FOR HARD ASSETS… my networth is like 3-4x more than me “better educated” family and friends from school. It’s not how much you earn, ITS ABOUT HOW MUCH YOU GET TO KEEP. And saving debt coupons (fiat currency) is dumb… hard assets leverage the value of your labor long long term while fiat DEVALUES YOUR LABOR/SAVINGS.
Dumbest argument ever. Bonds definition: A bond is a loan that the bond purchaser, or bondholder, makes to the bond issuer. Governments, corporations and municipalities issue bonds when they need capital. An investor who buys a government bond is lending the government money. If an investor buys a corporate bond, the investor is lending the corporation money. Bonds? Debt. Can you sell bonds? Yes. Can you sell a house in debt? Of course you can, but it's not YOUR PROPERTY. You are OWED YOUR AMOUNT OF EQUITY IN THE HOUSE. The Bank owns the house until you pay off the loan. Go sit down, clown. This discussion is above your intelligence level.
bitcoin is money the way ice is water. if you have rent to pay TODAY, if you want to take a girl out for pizza RIGHT FUCKIN NOW -- you cannot do it with bitcoin. you need to go on your little fuckin device - transfer the bitcoin to an exchange, log into your exchange, make the transfer to NORMAL HUMAN DOLLARS -- and then transfer that to your bank account. THEN you are good to go. VISA is money more than bitcoin is. bitcoin is money the way my house is. -- does it have value? yes. but i cannot buy fuckin pizza with my house. i can't peel off a roof shingle and trade it for a slice. HOUSE IS NOT MONEY. MONEY IS MONEY. BITCOIN IS NOT MONEY. MONEY IS MONEY.
STOP BLINDLY LISTENING TO RANDOM REDDITORS STEALING YOUR HOPIUM, EVERYONE KNOWS WHATS GOING TO HAPPEN. PRINTER GO BRRR, BEAR GO BULL, CANDLE GO MOON, MEMECOIN GO RUGPULL, EXCHANGE GO SBF'D, WALLET GETS HACKED, WIFE BECOMES X-WIFE, HOUSE GO FORECLOSURE, YOU GO WORK THE CORNER FOR A PIMP NAMED PAPA SMURF. Quite simple really... And yes, all caps makes it even more true.
Reminds me of that Key & Peele skit.... "KIDS! YOU CAN DO ANYTHING!!!! YOU CAN FLY!!!! IF YOU JUMP OFF YOUR HOUSE.....YOU WILL FLYYYY!!!!" The skit is funnier because they're the one doing the jokes.
don't go petty on him, be the bigger person and.. SHOW UP AT HIS HOUSE WITH YOUR LAMBO
Dude, you have a HOUSE. Do you have any idea how much those things are going for?
your only representation at the federal level is the house. you have more influence over your state electoral body. but again, the people are the HOUSE. Not the senate, not the presidency, not the governor. THE HOUSE. That's your voice. Stack it full of people that work together to get stuff done. Then, pick your senators wisely. You only get 2. Then, pick your governors wisely. President is so fucking minor.
making a quarter mill a year? BUY A HOUSE. This gets a lot of stress dealt with, and then hodle $100 a week. That part I got down, it is the securing my bitcoin so I don't end up as one of these online "lost all my coins" horror stories - at least that is where I am at. I already made my millions and got the house the old fashioned way.
They always say "put in what youre ready to lose" WHAT IF I AM READY TO LOSE MY HOUSE RIGHT NOW??
DoJ employees making moves.... TO A BIGGER HOUSE!!!
They were even vague in goddamn WHITE HOUSE ECONOMICS REPORT.
Can’t sweat it enough but NOT YOUR KEYS, NOT YOUR HOUSE! Take note of this people!
Can’t sweat it enough but NOT YOUR KEYS, NOT YOUR HOUSE! Take note of situations like these people!
>Nope Trump has total control of Republican party at the moment What world do you live in? The Republican party is almost tearing itself apart. It took the party [15 VOTES TO ELECT A HOUSE SPEAKER](https://www.cnbc.com/2023/01/06/live-updates-on-house-speaker-vote-gop-leader-mccarthy-fights-for-his-political-future-in-historic-battle-for-the-gavel.html) LMAO
U.S stock markets are turning into a shitshow right now as the debt ceiling game continues. In less than 9 days, the US Treasury could default as they now have just $57 billion in cash. This debt ceiling theatre between the HOUSE and the CONGRESS will definitely bring a lot of volatility.
People actually risk thousands of dollars of their money “as a joke”? Even SELLING THEIR HOUSE to put HUNDREDS of thousands of dollars (and lose their HOME) into “meme coins as a joke”? I can’t imagine anybody doing this without having some sort of surefire way to practically GUARANTEE flying to the moon. Then again, the internet does blow up ridiculous and rare circumstances……
I understand lottery winners being lucky, but all these stories about people pouring THOUSANDS OF DOLLARS into meme coins, ESPECIALLY as a JOKE???? Who in their right mind does that? People putting LITERALLY HUNDREDS OF THOUSANDS OF DOLLARS into DOGE and SHIB???? Someone SELLING THEIR HOUSE to put all the money into DOGE???? You people are actually telling me that people (who are actually lucky enough to have such such good financial security in the first place) are actually pouring THEIR ENTIRE LIVELIHOODS into not just the already volatile crypto, but MEME COINS LITERALLY CREATED AS A JOKE????? And they’re not even at least discovering some kind of secrets or research to justify such risky GAMBLING (that’s much more gambling than investing!)??? That’s why I thought there were secret methods to discovering what must be “sure bets” or at least EXCELLENT prospects….. I understand it being luck when people put in a few dollars and it makes them 6-7 figures, but actually having thousands of dollars, or even 6-7 figures, and choosing to dump it all into such meme coins “as a joke”??? Who’s that stupid with their money???? That’s why I thought there must be some hidden process or methods. Is this just the classic case of ridiculous news of rare circumstances going ABSOLUTELY VIRAL online???
Only thing I would ever invest my crypto money into is a HOUSE 🙌🫡
\*\*\*NEED TO PREFACE THIS BY SAYING I'M DISCUSSING HIS ACADEMIC WORK, NOT HIS METHODS. FBI PLEASE DON'T COME TO MY HOUSE LMAO\*\* The Unibomber wasn't right about everything but he was right about so much. Especially regarding technological advancement being used for malevolent purposes by groups looking to control and lord over others. Technological advancement in theory was supposed to be a net positive, but what it ended up being is the end of personal autonomy and freedom. These tools allow governments to regulate and control to such an overwhelming level that were essentially their pets, and it's only getting worse. Local police forces are investing heavily in self-flying surveillance drones. Central banks want digital currencies that they can literally lock and turn off with the press of a button if you get out of line. Every single thing that you do is collected and stored on the server, basically being a lifelong permanent record. They know who your friends are, where you work, your interest, and the causes you support. They control the news you consume, they have access to the conversations you have (and they are listening). They are manipulating and brainwashing the general public to enforce their own agenda against anyone who falls out of line. It's dystopian as all heck... oh wait I'm rambling on the wrong sub again lmao.
BUY THE HOUSE. I did the same a couple years ago selling my own crypto. Sure you might miss on some gains in the near future, but the security of a house is not to be ignored. It itself is a great asset, and also could vastly improve your quality of life, which would be a difficult metric to measure. Might as we'll diversify if and while you have the opportunity.
House. It will increase in value, offset taxes and it’s a HOUSE
My friend had a relative who had their life savings in old USD paper bills from the 60s and when they died, THE ONLY THING they left their relatives that had any value was the HOUSE and some old silver coins… the paper notes was mostly worthless, couldn’t buy much of anything due to the inflation over decades and decades.
>U.S. CITIZENS RESIDING OR TRAVELING IN RUSSIA SHOULD DEPART IMMEDIATELY - WHITE HOUSE We seriously can't go more than a week without bad news that could tank the markets..
I didn't get that far People talk about storing their seed phrases in their HOUSE Like, that is certainly one way to lose over 2 million dollars as well. If you're going to do 10+ wallets and seed phrases, figuring out how to geographically spread those so that no kidnapping, fire, act of god, act of war, etc., disloyal family, unexpected police raid (accused of a crime on your property and they seize it when you had 0 knowledge) there are so many ways to have really bad luck And I don't have a solution for those. I think the solution might involve spread across bank safety deposit boxes but encrypted using a long password I've used for more than 20 years to lower the risk of it being forgotten no matter what happens to me
I want to be giving out houses to friends like I’m Oprah! “You get a house, you get house, YOU GET A HOUSE”
SELL THE HOUSE SELL THE CAR SELL THE KIDS, walt e kurtz
When I saw the uptick, this is exactly where my reasoning went as well. "OH GOD! FTX FAILED! EVERYONE GET OUT!" "OH GOD! A BANK FAILED! EVERYONE GET OUT!" "OH GOD! MY HOUSE BURNED DOWN, ALONG WITH ALL OF MY MONEY IN MY MATTRESS!"
I will keep holding and only spend one bitcoin when I can trade it for one HOUSE.
If you ask Michael Saylor he will say DO IT AND MORGAGE YOUR HOUSE
Absolutely, it's not that black and white of 'one is good, the other is bad', or 'one speeds up society, the other brings it to a halt'. But this difference affects people in small ways. People would feel less inclined to spend money willy nilly, they'd be far more concious about it. The consumerist society would be less, to what degree is arguable, but less nonetheless which affects the world and the numbers in some way. Money makes money right? Well, if there was a way to exponentially increase your income (aka using this growth of money to make more of it) soooo many people, especially people like us that are finance driven, would take this path. We wouldn't buy the newest model of car for he family because we have the money and think it's worth it. We could use that money in numerous ways, to buy a HOUSE with it in a couple years. It will affect the consumerist society most of all. Yes I agree, it's not going to stop people spending all together. Most of the time the things we buy are more important than the value they hold. But also this is often not the case. It's not black and white, one or the other - these things affect the world and people in numerous ways. To think it would have NO affect on the world whatsoever is a little blind. I'm NOT saying that I'm against this, nor am I saying I'm right and you're wrong. I'm just playing the devils advocate here, and portraying another side potentially not thought of. That's the beauty of places like reddit isn't it?
Bye HOUSE, DOG, WIFE, and KIDS
cry me a river.... Everyone should know NOT YOUR KEYS NOT YOUR HOUSE.... OH SORRY.... NOT YOUR KEYS NOT YOUR COINS.. SO WHY ARe people still trusting these services ? just buy a hardware wallet and sleep like a baby at nigth, it aint dificult, or create a node and use a cold wallet, theres thousand of tutorial on how to self custody. Cant understand why people still trust their BTC to scammy Services and Cex.
I’ve had enough of memecoins and i’m gonna be a reasonable investor and just focus on BTC and ET.. OMG BONK IS PUMPING I’MMA SELL MY HOUSE AND ALL IN NOW!!!
calmly DCA in, DCA out orrrrrr FLAT/HOUSE OR NOTHING