Joey Dean's avatar
Joey Dean
npub1e585...p9m9
An Enterprising Investor! Trying to allocate my capital to grow it AND keep it! I try to spend very little time on the couch! Thinking out loud here! My YouTube channel https://t.co/WLZDGqMjxG
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Deanoroll5 2 years ago
My truck is getting some miles on it and I wondered what a replacement might run me. Jaw dropped BTW! This is a real-life example of Inflation and why CPI is an absolute lie (hedonic adjustments my hind end)! I bought my 2019 truck for $34k that same truck today will cost me $50k (+$16k or +47%). But Deano, "they" told me inflation is 4% this year and getting better?!? These people and their math aren't even close to what I come up with here in the real world. I hope: 1) you don't need to replace your vehicle (most people's second-largest purchase), or 2) you are making 47% more than you were at your job a few years ago, or 3) your net worth went up 47% over the past few years. If so, you'll be fine! PS - Now do house prices (most people's largest purchase)! PPS - Inflation compounds! PPPS - I'm sure it is just cars "they" are lying to you about...not houses...not food...not energy....not healthcare....not education...etc...etc... Your wealth and life force are being stolen from you every single day. Are you paying attention?
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Deanoroll5 2 years ago
Hiking and Kayaking Around Mousetail Landing State Park (Linden, TN) School's Out Blitz! When Emily's school let out we hit the road. The first stop was Mousetail Landing State Park (near almost nothing but maybe Linden, TN). We are hikers and the hiking in this part of the state is not the best but we were surprised with Mousetail. The trails were better than expected, the campground was one of the nicest we've been in, we hit the water in our kayaks, and the food we had in nearby Parsons, TN was great. Mousetail Landing FTW!
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Deanoroll5 2 years ago
The number of #Bitcoin on exchanges is now lower than at the end of the 2017 bull run. See attached chart. The peeps that HODL coins aren't going to give them back easily. The mining reward is getting cut in half this year with the halving (6.25 down to 3.125). Supply suffocation = INBOUND Tick tock, next block. Why do I say HODL'ers aren't going to give them back easily? Enter the HODL Wave chart (see attached chart). During peaks in price coins change hands (HODL'ers sell) and during bears they don't. Less have changed hands this time than EVER before (more have held their coins longer than ever). Fewer coins leaving existing HODL'ers hands AND fewer coins are being created AND exchanges having fewer coins available to sell to people wanting to buy Bitcoin. If demand cranks up prices are going to have to rise to convince the HODL'ers to part with their coins. I personally know a few HODL'ers and there is NO price that is going to bring their coins back online...NONE. I suspect there are MANY just like the ones I know. Good luck buyers!