Crypto currency thread

[Blake]

I find it really sad that my comment that you young guys in here should be able to retire at 65 with at least a million dollar net worth was met with such derision. It really isn't that hard if you start young but it seems like most of you have just given up and accepted you are destined to be broke because it's just "too hard". Plus, if you are 30 now then by 2057 a million dollars will only be worth about $400,000 in todays dollars if not less.

:lol you're such a jackass. Worst part is you don't even realize it

[Blake]

Meh...it's just the circle jerk crew that jumps on anything I say. I'm OK with it.

And sorry, I don't care what your current age or economic status is...if you aren't thinking about retirement you are fucking up.

And my comment was specifically directed to the people that post in here, not to some crazy homeless guy on the corner.

:cry deh mean crew always picking on me :cry

[CosmicCowboy]

:lol you're such a jackass. Worst part is you don't even realize it

You're such a loser. Worst part is you don't even realize it, even after your ex did.

[ChumpDumper]

Where's CC's sense of humor?

[CosmicCowboy]

Where's CC's sense of humor?

Right here. Totally unbothered by losers like Blake ankle biting.

[CosmicCowboy]

I actually think it's hilarious that I can post about the benefits of saving for retirement and the circle jerk crew comes in calling me a jackass for advocating retirement planning. How loser can you get? :lmao

I think next week I will advocate for fighting climate change...loser Blake will probably chime in calling me a jackass and claiming its just "weather".

[ChumpDumper]

Where's CC's sense of humor?

[spurraider21]

I actually think it's hilarious that I can post about the benefits of saving for retirement and the circle jerk crew comes in calling me a jackass for advocating retirement planning. How loser can you get? :lmao

I think next week I will advocate for fighting climate change...loser Blake will probably chime in calling me a jackass and claiming its just "weather".
nobody here called you a jackass for advocating retirement planning

[InRareForm]

Solana below $10 damn

[Blake]

Right here. Totally unbothered by losers like Blake ankle biting.

Totally

[SpursforSix]

Right here. Totally unbothered by losers like Blake ankle biting.

Totally unbothered enough to put people on ignore. I admire your stoicism.

[Winehole23]

https://i.kym-cdn.com/photos/images/facebook/001/978/049/0cf.jpg

[spurraider21]

Solana below $10 damn
how? the company was performing well, showed good revenue growth in each of the last 3 quarters, has new products coming out and...

oh, right. just crypto. lol

[InRareForm]

That $8 low (Solana) bounced to $9 quick.

[Winehole23]

Midas goes tits up, caps account withdrawals at 55%. Crypto tokens for a new project will be issued in the nominal amount of customer losses.


Levin held an AMA session with Midas customers on YouTube this morning, and he began with a mea culpa.

“I know it was really hard for you guys, and I'm incredibly sorry that it came to this,” he said. “I am taking the responsibility and trying to explain what happened. I understand that it does not give you money back that you lost with Midas, I understand that you want to burn everything related to Midas now, and I obviously accept it.”

Levin said he was responsible for the vision and decision-making and he made “huge mistakes” as the CEO of Midas. “I was incompetent, and my team, we were incompetent in managing funds. We did not understand the impact of having […] $300 million that we got in March.”

Levin then began answering the submitted questions, which included harsh criticism and accusations from Midas customers about his decisions and the losses they caused. After 27 minutes, he claimed he was going to fix his screen sharing and disconnected, but never returned.https://www.kitco.com/news/2022-12-28/Midas-Investments-shuts-down-taking-over-55-of-customers-funds.html

[Winehole23]

Caroline Ellison, the 28-year-old former CEO of the crypto hedge fund Alameda, apologized before a federal judge in New York, saying that she and her former associates knowingly stole billions of dollars from customers of Bankman-Fried’s FTX exchange and sought to cover it up, according to court transcripts.

“I am truly sorry for what I did,” Ellison told the court. “I knew that it was wrong.”

Ellison told the court that Alameda had a virtually unlimited borrowing facility in FTX, and that she knew the exchange would need to use customer funds to finance loans to the hedge fund. She also agreed to keep the two firms’ unusually close relationship hidden from investors and customers.

From July through October, she told the court, Ellison agreed with Bankman-Fried and others to provide “materially misleading financial statements to Alameda’s lenders,” and prepared balance sheets that concealed the extent of Alameda’s borrowing, according to transcripts from plea hearings held on December 19 and recently unsealed.

Ellison has been charged with seven criminal counts, including conspiracy to commit wire fraud and money laundering. She and Bankman-Fried were close business associates who briefly dated. (https://abcnews.go.com/Business/ftxs-sam-bankman-fried-denies-improper-customer-funds/story)

Ellison said she knew that FTX executives created an arrangement that permitted Alameda access to an unlimited line of credit without being required to post collateral or pay interest on negative balances, according to the transcript.

“I understood that if Alameda’s FTX accounts had significant negative balances in any particular currency, it meant that Alameda was borrowing funds that FTX’s customers had deposited onto the exchange,” Ellison said in court.
https://www.cnn.com/2022/12/26/business/ftx-caroline-ellison-bankman-fried/index.html

[hater]

U only lose if you sell.

HOLD!!!!!

:tu. We are back bitches

https://twitter.com/KevinSvenson_/status/1614061955072884737

[baseline bum]

LOL tulip bulbs

[ElNono]

LOL "back" to Dec 2020 value

https://snipboard.io/CPRu0H.jpg

[Winehole23]

We bought our first house in 2006 and sold it in 2012 for almost the same amount we bought it for. The housing crash and gradual downturn of the neighborhood impacted the value. When you factor in the foundation and other repairs, we probably would have been better off renting all those years.what could possibly be cheaper than universal advice in the universe of well-suited details?

[Winehole23]

1620356600899981314

[Leetonidas]

Solana below $10 damn

Solana is a garbage blockchain

back up to $24.30 now though

[InRareForm]

Solana is a garbage blockchain

back up to $24.30 now though

I really don't care about the product. I care about the narrative and it making me money lol

[hater]

Back in business bitches :tu :tu

If It breaks 30k i will have a fucking massive party :lol :tu

[Winehole23]

The crypto industry, as Bitfinex’ed and other sources have alleged to me over the years, is dominated by perhaps less than two dozen men, often acting in concert to rig markets, share insider information, trade against everyday retail customers, and flagrantly break the law—if the law could even be said to apply to some of these businesses. And they do it largely through group chats on apps like Signal, Discord, and Telegram. Some of these string-pulling figures are well known; others less so. But that is the basic schema and has been for at least a decade.

https://thebaffler.com/outbursts/blowing-up-the-crypto-cartel-silverman

1679367201147572224

[Winehole23]

"exit liquidity"


https://pbs.twimg.com/media/F05NXwKWIAIL7bB?format=png&name=smallhttps://twitter.com/NotChaseColeman/status/1679365971918692352/photo/3

[Winehole23]

BINANCE chief executive Zhao Changpeng pleaded guilty on Tuesday (Nov 21) to US money-laundering charges, in a deal that will see the cryptocurrency exchange he founded pay over US$4 billion in penalties.

“Binance became the world’s largest cryptocurrency exchange in part because of the crimes it committed – now it is paying one of the largest corporate penalties in US history,” Attorney General Merrick Garland said in a statement.

Binance’s former chief compliance officer Samuel Lim, a Singaporean, was charged by the Commodity Futures Trading Commission (CFTC) with violating the Commodity Exchange Act and wilfully aiding and abetting Binance’s numerous violations of the Act.
https://www.businesstimes.com.sg/companies-markets/banking-finance/binance-ceo-cz-quits-richard-teng-take-over-crypto-exchange-pay

[hater]

CHACHING!!!!!!!!!!!!!!!!!!

[hater]

Back in business bitches :tu :tu

If It breaks 30k i will have a fucking massive party :lol :tu

:lmao 54k

[hater]

https://x.com/WalkerAmerica/status/1762249479460192297

[pgardn]

You are less believable than Trump.
Go buy your Rubles ya dumb fk...

How are all your businesses in South America doing liar?

[ChumpDumper]

:lmao 54k

:lmao you said nothing when it passed 30k.

You need to keep better track of your lies.

[Millennial_Messiah]

I'd be in a much better mood right now if I put my life savings in btc say, just middle of this past October. I'd sell it all today & never worry about having to go back to work again, even after paying the income tax

[pgardn]

I'd be in a much better mood right now if I put my life savings in btc say, just middle of this past October. I'd sell it all today & never worry about having to go back to work again, even after paying the income tax

Anyone can look back and say these things.
All of this just stinks of desperation. Hitting a Walkoff in the bottom of the 9th instead of putting the game away early.

And why would you not want to work? get a new job if its that bad.

[ChumpDumper]

Muh meager holdings are at like +40% after being -40% for what had to be years.

[CosmicCowboy]

I loaded up on ether about a month ago. This run has been nice.

[hater]

I loaded up on ether about a month ago. This run has been nice.

:tu

Ma niga

[hater]

https://x.com/BinanceWhalesAI/status/1762292657580323051

[hater]

I'd be in a much better mood right now if I put my life savings in btc say, just middle of this past October. I'd sell it all today & never worry about having to go back to work again, even after paying the income tax

It would be crazy to sell now tbqh

HOLD!

It's actually a BUY time right now

Buy

Any money lying around? Buy

[hater]

:lol

https://x.com/realPauloBagu/status/1762293840155713923

[Millennial_Messiah]

Anyone can look back and say these things.
All of this just stinks of desperation. Hitting a Walkoff in the bottom of the 9th instead of putting the game away early.

And why would you not want to work? get a new job if its that bad.

Not that simple when you're using your parents names and taxes for everything because you have to earn as low of income in my own name as possible for another 14+ years because earned income in my name is what the cancers known as courts use for child support calculation.

But no.... Stupid me put all 1.3m or so of the money my parents and I jointly have into 5.3% CDs for a year from Sept/Oct because that's "guaranteed money"... fffffffffuuuuuuuuu

I still have one job left... its remote and pays six figures and I don't have to really work... but i'm literally giving/loaning the IRS 100% of my new income, thru W4 extra withholding all of it to block wage garnishment

After living this way for awhile honestly I think it'd be nice if the IRS took 70% of all everyone's income as federal income tax and did away with stuff like child support and FICA tax. That should be enough tax to cover not only social security and medicare but also universalized national healthcare/ medicine.


It would be crazy to sell now tbqh

HOLD!

It's actually a BUY time right now

Buy

Any money lying around? Buy
Eh

I'll wait until the next crash to happen

It happened in 2021, it will happen again

At least under 40k

Plus, liquid money won't be available until Sept-Oct of this year because they're all in CDs

[clambake]

What a freak

[hater]

Selling your bitcoin is a sign of lesser intellect

HOLD!!!!

BUY!!!!

HOLD!!!!

AND BUY!!!!

AND HOLD!!!!


https://x.com/BTCBreakdown/status/1762466646545846479

[hater]

60k


:cry


We did it

https://x.com/tbone31976/status/1762834681618104408

[hater]

:lmao :lmao :lmao



Jim cramer




:lmao


https://x.com/NeilJacobs/status/1762844975849439513[/url]

[pgardn]

What a freak

And a liar.

Hater is the guy you dupe into stupid shit and take money from him.
A Trump contributor for sure.

[CosmicCowboy]

Not sure why you think he is stupid for owning bitcoin. Crypto is here to stay.

[hater]

European Union dogs getting their shit pushed in

:lmao :lmao

https://x.com/ecb/status/1760580254920212640

[Thread]

Not sure why you think he is stupid for owning bitcoin. Crypto is here to stay.

Envy & jealously are cruel masters, CC. peeg and his gang are chock full of both.

[pgardn]

Not sure why you think he is stupid for owning bitcoin. Crypto is here to stay.

First of all he does not own any.
Secondly bitcoin has zero intrinsic value. What does it produce. It’s being treated as an investment with intrinsic value. It relies simply on other people thinking it’s worth something solely because it’s traded? That’s flat out stupid. Stupid things can exist, it does not mean they are worth anything other than its own existence.

But enjoy the game. The S and P 500 is much more likely to make you money in the long run. Slot machines work great in Vegas, enjoy the entertainment. If you have extra money to play do it.

And if Hater really does still play this game how many times has he told you about loses? Degenerate gamblers don’t mention loses.

[pgardn]

https://x.com/BinanceWhalesAI/status/1762292657580323051

Oh my, it’s real!

A picture!

[Thread]

First of all he does not own any.
Secondly bitcoin has zero intrinsic value. What does it produce. It’s being treated as an investment with intrinsic value. It relies simply on other people thinking it’s worth something solely because it’s traded? That’s flat out stupid. Stupid things can exist, it does not mean they are worth anything other than its own existence.

But enjoy the game. The S and P 500 is much more likely to make you money in the long run. Slot machines work great in Vegas, enjoy the entertainment. If you have extra money to play do it.

And if Hater really does still play this game how many times has he told you about loses? Degenerate gamblers don’t mention loses.


Envy & jealously are cruel masters, CC. peeg and his gang are chock full of both.

See?

[Thread]

Oh my, it’s real!

A picture!

Jealousy & envy, that's our peeg.

[Darth_Pelican]

https://www.forbes.com/digital-assets/crypto-prices/?sh=34f87ba22478

"The global cryptocurrency market cap today is $2.37 Trillion, a +5.53% change in the last 24 hours."

Investors seem very concerned about it's intrinsic value.

[pgardn]

https://www.forbes.com/digital-assets/crypto-prices/?sh=34f87ba22478

"The global cryptocurrency market cap today is $2.37 Trillion, a +5.53% change in the last 24 hours."

Investors seem very concerned about its intrinsic value.

If investors think they can use it for food or for manufacturing chemicals as a catalyst so be it.
This is intrinsic value. Investors thinking it has intrinsic value don’t know what intrinsic means.
Its intrinsic value made up in people’s heads is not intrinsic value. If it’s traded as an investment, it’s not a pure currency.
It’s not that hard. Investments that grow because they actually produce something of value is intrinsic value.

The value of the bitcoin is in people’s heads as an investment. Forbes has gone down a huge notch in advice Imo. Stick with the WS journal and try to read the best investors opinions and actual data. If you like volatility and betting against other people, go to Vegas and bet parimutuelly.

[Darth_Pelican]

If investors think they can use it for food or for manufacturing chemicals as a catalyst so be it.
This is intrinsic value. Investors thinking it has intrinsic value don’t know what intrinsic means.
Its intrinsic value made up in people’s heads is not intrinsic value. If it’s traded as an investment, it’s not a pure currency.
It’s not that hard. Investments that grow because they actually produce something of value is intrinsic value.

The value of the bitcoin is in people’s heads as an investment.

Is Bitcoin worth something to the people who live in countries that it is now the official currency?

[Thread]

Is Bitcoin worth something to the people who live in countries that it is now the official currency?

peeg: "No."

[Thread]

If investors think they can use it for food or for manufacturing chemicals as a catalyst so be it.
This is intrinsic value. Investors thinking it has intrinsic value don’t know what intrinsic means.
Its intrinsic value made up in people’s heads is not intrinsic value. If it’s traded as an investment, it’s not a pure currency.
It’s not that hard. Investments that grow because they actually produce something of value is intrinsic value.

The value of the bitcoin is in people’s heads as an investment. Forbes has gone down a huge notch in advice Imo. Stick with the WS journal and try to read the best investors opinions and actual data. If you like volatility and betting against other people, go to Vegas and bet parimutuelly.

peeg is turnin' green.

[hater]

:lmao Truedumb :lmao

So many tears all around :lmao :lmao :lmao

Fucking awesome

https://x.com/francispouliot_/status/1762875467554529651

[pgardn]

Is Bitcoin worth something to the people who live in countries that it is now the official currency?

If it’s treated as a currency ONLY then it’s one of the most volatile currencies in the world. Personally I hold liquidity in the dollar, not bitcoin. The bitcoin has already proven itself. If it grows for now so be it. Maybe you can ask the almighty Hater the exact date he plans to get out and hold him to it. It will take a precipitous dive again. Try to time it. And good luck.

[pgardn]

:lmao Truedumb :lmao

So many tears all around :lmao :lmao :lmao

Fucking awesome

https://x.com/francispouliot_/status/1762875467554529651

You are a fkn idiot in so many fields.
Congats. You don’t understand anything I am writing.
Panic and buy ya damn cumquat and remember, YOU CALLED IT!

Jesus…

[Thread]

If it’s treated as a currency ONLY then it’s one of the most volatile currencies in the world. Personally I hold liquidity in the dollar, not bitcoin. The bitcoin has already proven itself. If it grows for know so be it. Maybe you can ask the almighty Hater the exact date he plans to get out and hold him to it. It will take a precipitous dive again. Try to time it. And good luck.

See, peeg is ​green.

[Darth_Pelican]

Fair enough. I have less than 10% of my portfolio in crypto as I am well aware of the risk/reward. It's fun seeing these massive run-ups.

[hater]

https://x.com/saylor/status/1762841814317343175

[pgardn]

Fair enough. I have less than 10% of my portfolio in crypto as I am well aware of the risk/reward. It's fun seeing these massive run-ups.

For entertainment from home I imagine it can be fun.
Thumbs up.

[ChumpDumper]

Is Bitcoin worth something to the people who live in countries that it is now the official currency?

Do they actually use it that one country for all purchases?

[ChumpDumper]

https://x.com/saylor/status/1762841814317343175

:lol you didn't know it had gone up until you read a tweet about it a couple days ago. Now you're spamming to cover that up.

[ChumpDumper]

For entertainment from home I imagine it can be fun.
Thumbs up.

I figured there would be a jump once the ETFs were approved so I stayed in. Just have to figure out how long it will last. Not a yuge investment.

[CosmicCowboy]

If investors think they can use it for food or for manufacturing chemicals as a catalyst so be it.
This is intrinsic value. Investors thinking it has intrinsic value don’t know what intrinsic means.
Its intrinsic value made up in people’s heads is not intrinsic value. If it’s traded as an investment, it’s not a pure currency.
It’s not that hard. Investments that grow because they actually produce something of value is intrinsic value.

The value of the bitcoin is in people’s heads as an investment. Forbes has gone down a huge notch in advice Imo. Stick with the WS journal and try to read the best investors opinions and actual data. If you like volatility and betting against other people, go to Vegas and bet parimutuelly.

I am in crypto as part of a balanced portfolio. I personally think that Etherium has a better future than bitcoin as the ecosystem evolves. It's easy in the US to say there is no use for it but on a worldwide basis the economical transactional capabilities are there. In addition Ether uses proof of stake instead of proof of work so it is much more energy efficient than bitcoin.

[ChumpDumper]

Yeah, Bitcoin is straight garbage when you get past the hype. Ethereum looks to be Bitcoin 2.0, whatever that might mean.

[Ef-man]

Do they actually use it that one country for all purchases?

Imagine securing your country's future on a product one hack away from economic ruin and not being able to do shit about it?

Sure, if you are a shit hole country it would be better than nothing but for everyone else; it is a definite no go.

[Thread]

Imagine securing your country's future on a product one hack away from economic ruin and not being able to do shit about it?

Sure, if you are a shit hole country it would be better than nothing but for everyone else; it is a definite no go.

Now Mr. Green Jeans shows up.

[Darth_Pelican]

Do they actually use it that one country for all purchases?

:lol It's actually 2 countries. And I'm not sure. I'm just hoping that this bull run follows the historical trend new "higher lows". If that's the case, then there's no reason to sell.

[Darth_Pelican]

I am in crypto as part of a balanced portfolio. I personally think that Etherium has a better future than bitcoin as the ecosystem evolves. It's easy in the US to say there is no use for it but on a worldwide basis the economical transactional capabilities are there. In addition Ether uses proof of stake instead of proof of work so it is much more energy efficient than bitcoin.

Agreed on ETH. I hold a measly 3 of them.

[Thread]

Imagine securing your country's future on a product one hack away from economic ruin and not being able to do shit about it?

Sure, if you are a shit hole country it would be better than nothing but for everyone else; it is a definite no go.

Daddy, we've been doing that since the end of II...thru the MIC.

[Thread]

For entertainment from home I imagine it can be fun.
Thumbs up.

peeg gives hater the middle finger.
peeg gives Darth the the thumbs up.
Both are on this Coin thingy.

tee, hee.

[Thread]

Yeah, Bitcoin is straight garbage when you get past the hype. Ethereum looks to be Bitcoin 2.0, whatever that might mean.

...that means you'll be crawling up hater's blow hole and playing dead.

[ChumpDumper]

:lol It's actually 2 countries. And I'm not sure. I'm just hoping that this bull run follows the historical trend new "higher lows". If that's the case, then there's no reason to sell.The latest jump is the only thing I could have ever predicted for crypto, but I think higher lows after that is a fairly easy call. It's all part of muh speculative investment money anyway so might as well stay in.

[Thread]

:lol you didn't know it had gone up until you read a tweet about it a couple days ago. Now you're spamming to cover that up.

Now the Dumper has turned ​green.

[Darth_Pelican]

The latest jump is the only thing I could have ever predicted for crypto, but I think higher lows after that is a fairly easy call. It's all part of muh speculative investment money anyway so might as well stay in.

The best part is most Millennials and Gen Z'ers haven't gotten their tax refunds yet and we're still seeing this pump.

[pgardn]

I am in crypto as part of a balanced portfolio. I personally think that Etherium has a better future than bitcoin as the ecosystem evolves. It's easy in the US to say there is no use for it but on a worldwide basis the economical transactional capabilities are there. In addition Ether uses proof of stake instead of proof of work so it is much more energy efficient than bitcoin.

If its transactional as a true currency I understand.
But true currencies, no matter where they are, are not safe if they have volatility.

My point is in investment, currencies are supposed to be safe havens because they themselves do not have intrinsic value. Currency on the simplest level get rid of the pain of bartering.
If you see it as a true investment, its an investment that does not have intrinsic value. The value lies fully in the brains of people.
When you buy a failing company stock you are gambling that your ownership in that company will grow because the company has some investment upside.
Maybe they will change their business plan, maybe they will profit from an unseen value that you do see in some sort of product or service etc... Maybe you see nothing the company is doing, you are just buying it because its cheap and maybe it will go up (this is where you enter more into the realm of a "just because" investment imo, it becomes more like bitcoin)

We are all probably in different investment situations with different characteristics that seem the most useful. I also dont discount the entertainment value of having a quick upward explosion.
But this also means there is another side is waiting. This stuff obviously grows much more quickly than stocks in S and P 500 companies. Index funds are not exciting.

I am not an investment expert. So I do not try and play games with people who play the game everyday as a job and are very bright. But I do thing I understand what has become a blurred line for some between a currency and a true investment.

[Darth_Pelican]

Hopefully history repeats itself and we get a 3 year bull run before the next big sell off

https://scontent-hou1-1.xx.fbcdn.net/v/t39.30808-6/428710045_7403845379667233_8456145649833083915_n.j pg?stp=dst-jpg_s180x540&_nc_cat=109&ccb=1-7&_nc_sid=524774&_nc_ohc=ESbz6QBbsO0AX8wYG-N&_nc_ht=scontent-hou1-1.xx&oh=00_AfAIaX1d-e2R5N_gnCbIiNsDwbVGW-70sOG6kpW6R_Tctw&oe=65E3EED3

[Millennial_Messiah]

Hopefully history repeats itself and we get a 3 year bull run before the next big sell off

https://scontent-hou1-1.xx.fbcdn.net/v/t39.30808-6/428710045_7403845379667233_8456145649833083915_n.j pg?stp=dst-jpg_s180x540&_nc_cat=109&ccb=1-7&_nc_sid=524774&_nc_ohc=ESbz6QBbsO0AX8wYG-N&_nc_ht=scontent-hou1-1.xx&oh=00_AfAIaX1d-e2R5N_gnCbIiNsDwbVGW-70sOG6kpW6R_Tctw&oe=65E3EED3

I had a decision in Sept to early Oct, which would have been near perfect timing, whether to put all my big money (save for enough to live on plus a little cushion) in either HY-CDs (because they were well over 5%)...... or bitcoin.

Looks like, as per always, I chose wrong, and now my money is stuck in bonds earning 5%, or essentially a shitty one-year's public school teacher's salary for free until this fall, by which point the current bitcoin bubble will probably have peaked or nearly so.

Don't know if I'll get to be in the USA long enough or even live long enough to buy at its next low/sluggish point at some point in 2025/2026.

The only people that have it worse than someone like me is someone who bought it in the summer or fall of 2021 and are just now approaching break-even.

Based on this chart the next bitcoin crash will probably be around roughly the late summer to fall of 2025.

[hater]

Daddy, we've been doing that since the end of II...thru the MIC.

:lmao

No one told him

:lol

[hater]

:lmao coinbase just crashed


:lmao the poor folk that keep their bitcoin in centralized exchanges :lmao :lmao :lmao

People never get it. They deserve what they get.

While(true)
{
Buy Bitcoin
Move it to private wallet
}


:lmao

[ChumpDumper]

:lmao coinbase just crashed


:lmao the poor folk that keep their bitcoin in centralized exchanges :lmao :lmao :lmao

People never get it. They deserve what they get.

While(true)
{
Buy Bitcoin
Move it to private wallet
}


:lmao

Interesting to see if there's a dip once word gets around.

[Leetonidas]

Btc is back near ath and eth is up like 20% in the last week. Good stuff

[Millennial_Messiah]

Notice how BTC has a pretty consistently solid four year cyclical pattern of bottoming out nearly exactly at the peak of the previous cycle before the previous cycle's crash. And the crashes, even with a sample size of n = 3, are VERY consistent relatively speaking, both in terms of percentage loss and timeliness.

For example, the 2017-18 peak was very similar to the 2022 low in dollar value. So, I expect a great time to sell would be in the second half of 2025 and the next low point and great time to buy would be in 2026. However, the next bottoming out will likely be in that 60k-65k ballpark (i.e., the 2021 peak) and thus I would expect growth for BTC up to around $120k-140k in the next 18 months or so before it collapses again.

[Thread]

If its transactional as a true currency I understand.
But true currencies, no matter where they are, are not safe if they have volatility.

My point is in investment, currencies are supposed to be safe havens because they themselves do not have intrinsic value. Currency on the simplest level get rid of the pain of bartering.
If you see it as a true investment, its an investment that does not have intrinsic value. The value lies fully in the brains of people.
When you buy a failing company stock you are gambling that your ownership in that company will grow because the company has some investment upside.
Maybe they will change their business plan, maybe they will profit from an unseen value that you do see in some sort of product or service etc... Maybe you see nothing the company is doing, you are just buying it because its cheap and maybe it will go up (this is where you enter more into the realm of a "just because" investment imo, it becomes more like bitcoin)

We are all probably in different investment situations with different characteristics that seem the most useful. I also dont discount the entertainment value of having a quick upward explosion.
But this also means there is another side is waiting. This stuff obviously grows much more quickly than stocks in S and P 500 companies. Index funds are not exciting.

I am not an investment expert. So I do not try and play games with people who play the game everyday as a job and are very bright. But I do thing I understand what has become a blurred line for some between a currency and a true investment.

I'll boil this down. He's green.

[Thread]

Interesting to see if there's a dip once word gets around.

...just look in the mirror.

[hater]

Buying some more nigs.

Looks like this run going for a while :tu

Got damns I gotta dust off my cold wallet :lmao

https://x.com/bitcoin_scoop/status/1762927203371614563

[hater]

...just look in the mirror.

:lmao

[ChumpDumper]

Buying some more nigs.

Looks like this run going for a while :tu

Got damns I gotta dust off my cold wallet :lmao

https://x.com/bitcoin_scoop/status/1762927203371614563

Yeah it looks like the stupider money is coming in now.

[hater]

Yeah it looks like the stupider money is coming in now.

:tu

Love stupid money :lol

[Thread]

:tu

Love stupid money :lol

...so does he, he's just too stove up to stipulate to it. You got him snortin' of a hump day, hater, that's for certain.

[hater]

Fair enough. I have less than 10% of my portfolio in crypto as I am well aware of the risk/reward. It's fun seeing these massive run-ups.

Congrats nig. Keep it up. :tu

When your crypto assets surpass your 401k. It's a special feeling :tu :lol

[pgardn]

Congrats nig. Keep it up. :tu

When your crypto assets surpass your 401k. It's a special feeling :tu :lol

As special as your various companies in Latin America I guess.
And then it becomes a tale of woe.

How are those companies doing btw? Something smells here. Although I guess I would have to feel good for you to have enough money to get the proper care.

[Thread]

As special as your various companies in Latin America I guess.
And then it becomes a tale of woe.

How are those companies doing btw? Something smells here. Although I guess I would have to feel good for you to have enough money to get the proper care.

...every fox smell it's own hole, Dumper, I mean peeg.

[hater]

:lmao

https://x.com/WatcherGuru/status/1759995111771881702

[hater]

67k :tu

They want your coins boys.

Don't sell. HOLD!!!!


https://x.com/ArlosBitcoin/status/1764728145603682678

[hater]

:lmao

https://x.com/MDBitcoin/status/1764815803252146341

[pgardn]

67k :tu

They want your coins boys.

Don't sell. HOLD!!!!


https://x.com/ArlosBitcoin/status/1764728145603682678

Till when Oprah?

[pgardn]

When the bitcoin dies again hater will already have claimed he got out at the right time.

Its like magic!

[ChumpDumper]

When the bitcoin dies again hater will already have claimed he got out at the right time.

Its like magic!

:lol I held because there was nothing else to do when the bottom fell out. Since it's mad money and the cycle looks short enough I probably won't worry about timing an exit.

[pgardn]

:lol I held because there was nothing else to do when the bottom fell out. Since it's mad money and the cycle looks short enough I probably won't worry about timing an exit.

No way hater makes that type of call.

It has to be some legendary ability to see it all, you can do better Chump.
You could always lie.

THEY want your coin.

[Thread]

No way hater makes that type of call.

It has to be some legendary ability to see it all, you can do better Chump.
You could always lie.

THEY want your coin.

Well, then why when I told ya's (years back) not to be doing it I was run off like I had the AIDs? Now I'm happy that hater got his boodle and you're mad and yelling at him for it, and ignoring me.

[Tyronn Lue]

:lol thinking a guy who spends all day and night posting wrong takes on here invested in bitcoin and held until now probably means you didn't invest in bitcoin either.

[Thread]

:lol thinking a guy who spends all day and night posting wrong takes on here invested in bitcoin and held until now probably means you didn't invest in bitcoin either.

I didn't, Lue, that's my point. But I still got yelled at & ignored. It reminds of the girl in 9th grade.

[CosmicCowboy]

This run on ether has been amazing. Nice to get up in the morning and realize you made 5k while you slept. Just wish I'd started sooner.

[Thread]

This run on ether has been amazing. Nice to get up in the morning and realize you made 5k while you slept. Just wish I'd started sooner.

Still well satisfied I've never started. I cannot take the low drafts. I'd end up in a coronary either in the hospital, or, the morgue.

[pgardn]

This run on ether has been amazing. Nice to get up in the morning and realize you made 5k while you slept. Just wish I'd started sooner.


If you already had a load in a basic S and P 500 index fund you would see a whole of a lot more than that.
If you are doing it for fun... ok. I would rather bet on sports but ok...

[CosmicCowboy]

If you already had a load in a basic S and P 500 index fund you would see a whole of a lot more than that.
If you are doing it for fun... ok. I would rather bet on sports but ok...

I have a diversified portfolio of stocks, CD's, metals, and real estate. I have a lot more in the stock market than in crypto. I have done well in the market lately (particularly ASML which has almost doubled in the last couple of months) but I see this Ether play as almost a no brainer at this point running up to the ETF approval. I might sell then if it follows the pattern of the bitcoin ETF pricing but get back in on the dip. Long term I think Etherium is going to be an integral part of the global economy.

[hater]

This run on ether has been amazing. Nice to get up in the morning and realize you made 5k while you slept. Just wish I'd started sooner.

:tu

It's been amazing :lol

[pgardn]

I have a diversified portfolio of stocks, CD's, metals, and real estate. I have a lot more in the stock market than in crypto. I have done well in the market lately (particularly ASML which has almost doubled in the last couple of months) but I see this Ether play as almost a no brainer at this point running up to the ETF approval. I might sell then if it follows the pattern of the bitcoin ETF pricing but get back in on the dip. Long term I think Etherium is going to be an integral part of the global economy.

So you see Ethereum as a currency? or what?

[hater]

HOLD!!!!


https://x.com/saylor/status/1764991337139454212

[Thread]

If you already had a load in a basic S and P 500 index fund you would see a whole of a lot more than that.
If you are doing it for fun... ok. I would rather bet on sports but ok...

Get the Kodak, this is a moment.

[CosmicCowboy]

So you see Ethereum as a currency? or what?

As a global DeFi payment system that is way more versatile and usable than bitcoin. This link explains it better.

https://ethereum.org/en/

[hater]

As a global DeFi payment system that is way more versatile and usable than bitcoin. This link explains it better.

https://ethereum.org/en/

There is a crypto asset and it's called Bitcoin


There is no second best.

Not to say Eth is a bad investment. The big companies are building an entire ecosystem for it. Think of the original iPhone and the apps ecosystem.


Still when you compare the 2 is basically comparing Rocky Balboa to Tommy Gun.

Bitcoin is Rocky

eTH is Tommy Gun

There is no second best.

[CosmicCowboy]

Institutional investors plan to boost their investment in crypto this year, a study has found.
Research by Nickel Digital showed that nearly three out of four institutional investors plan to increase their existing investment in crypto and are positive about the sector in the short and long term.

Research by London-based Nickel Digital showed that institutional investors and wealth managers with crypto holdings plan to boost their crypto investments in the year ahead as their short and long-term outlook on the sector turns more favorable.

"The robust performance of the sector, coupled with the SEC's approval of spot bitcoin ETFs, was anticipated to augment optimism within the sector, but the number of respondents intending to elevate their investments in crypto is still remarkable," Nickel Digital Founding Partner Anatoly Crachilov said.

Data collected by Nickel Digital showed that around 74% of institutional investors and wealth managers with digital asset exposure plan to increase their allocations this year. According to Nickel Digital's new research, approximately 87% of surveyed institutional participants expressed that current investment opportunities in the sector appear attractive, with 20% specifically stating they find them very appealing.

The research said that the outlook among institutional participants becomes even more positive in the long term, with 92% rating investment opportunities in the crypto sector as attractive over five years, including 41% rating them as very attractive.

The research findings added that 13% of professional investors in the U.S., the UK, Germany and other countries, with total assets under management of approximately $816 billion, intend to "dramatically" increase their allocations to digital assets.https://www.theblock.co/post/280617/institutional-crypto-investment-poised-increase

[hater]

I bought another batch at 50k and still minting money tbqh :lol

I think the craziness will slow down and it will hover around this price for a while.

Whatever you do. Hold. Do not sell 1 Satoshi.

Hold!!!

The potential of another run is very realistic. To the moon :tu

[CosmicCowboy]

I bought another batch at 50k and still minting money tbqh :lol

I think the craziness will slow down and it will hover around this price for a while.

Whatever you do. Hold. Do not sell 1 Satoshi.

Hold!!!

The potential of another run is very realistic. To the moon :tu

So how many bitcoin do you have?

[hater]

So how many bitcoin do you have?

Already responded in the other thread lol

[CosmicCowboy]

Already responded in the other thread lol

which one?

[ChumpDumper]

which one?

He folded.

[hater]

which one?

The one where you asked me :lmao

Think it was Ukraine :lol

[hater]

All Time High reached !!!!!



Now it's dropping like a rock :lmao


HOOOOOOOLD!!!!!

[hater]

https://x.com/BTC_Archive/status/1765031607612719585

[Tyronn Lue]

I didn't, Lue, that's my point. But I still got yelled at & ignored. It reminds of the girl in 9th grade.
Not everything is about you. That wasn't about you.

[Tyronn Lue]

https://x.com/BTC_Archive/status/1765031607612719585
Volatility of this currency makes it no more than a pump and dump, and it's quite evident. If you're "holding" you're stupid, but then you're not holding anything so you're bluffing. Your reasons for that probably require a shrink to diagnose.

[CosmicCowboy]

Meh, little dip. Still up 30% in a month. Nothing to sneeze at. The trend is still up.

[hater]

Volatility of this currency makes it no more than a pump and dump, and it's quite evident. If you're "holding" you're stupid, but then you're not holding anything so you're bluffing. Your reasons for that probably require a shrink to diagnose.

K thanks Buddy


But I'm not gonna start taking financial advice from a guy called Tyronn


:lmao

[hater]

Meh, little dip. Still up 30% in a month. Nothing to sneeze at. The trend is still up.

:tu

Idiots need to zoom out :lol

You don't lose if you HOOOOOLD!

[spurraider21]

mood ring in a bad mood today

[Thread]

Not everything is about you. That wasn't about you.

Fine. Understood.

[CosmicCowboy]

:tu

Idiots need to zoom out :lol

You don't lose if you HOOOOOLD!

You can probably do better trading the dips. If you had sold the day they announced the ETFs and bought back after the dip you could have cleared another 10%

[hater]

You can probably do better trading the dips. If you had sold the day they announced the ETFs and bought back after the dip you could have cleared another 10%

Of course you can do better

You can also make lots of $ daily trading shitcoins

Fuck that.

Bitcoins is not supposed to be work or hard. You buy it. You hold it.

[pgardn]

As a global DeFi payment system that is way more versatile and usable than bitcoin. This link explains it better.

https://ethereum.org/en/

It wants to be a certificate of ownership.
Most of the things it wants to be a certificate of ownership of seem to me to be highly volatile.
Im out.

Im just not a home run hitter. I like singles and walks. But I am probably in a much different investment horizon.

[Tyronn Lue]

:lol hater probably wins every night in Vegas betting on the winning team since he places his bets after the game is over.

[CosmicCowboy]

It wants to be a certificate of ownership.
Most of the things it wants to be a certificate of ownership of seem to me to be highly volatile.
Im out.

Im just not a home run hitter. I like singles and walks. But I am probably in a much different investment horizon.

The fact that you are working on investing at your age will easily make you a multi millionaire by retirement age. Much respect.

[pgardn]

The fact that you are working on investing at your age will easily make you a multi millionaire by retirement age. Much respect.

Honestly I dont like it.
Its a bit boring.
but I need to at least think about it for the "troops"

[CosmicCowboy]

Honestly I dont like it.
Its a bit boring.
but I need to at least think about it for the "troops"

Actually, think about it for yourself. You are a healthy dude and will probably live into your 90s. It's gonna take a shitload of money to live comfortably in retirement.

[CosmicCowboy]

Understand taking care of the "troops" though. Good parents plan to take responsibility through college. Understand it's about 60k a year now. Hope they make good choices.

[hater]

:tu

https://x.com/TheCryptoDev_/status/1765359467862896930

[hater]

:lol

The GOAT


https://x.com/BitcoinMagazine/status/1767163297453769194

[hater]

:tu

https://x.com/jacksonhinklle/status/1773042299091714380

[velik_m]

Sam Bankman-Fried sentenced to 25 years in federal prison

Sam Bankman-Fried has been sentenced to 25 years in federal prison for defrauding customers and investors in his failed crypto exchange FTX, a Manhattan court ruled Thursday.

Before announcing the sentence, Judge Lewis Kaplan said there was a risk “that this man will be in a position to do something very bad in the future, and it’s not a trivial risk.”

Kaplan agreed with prosecutors’ claim that Bankman-Fried “wanted to be a hugely, hugely politically influential person in this country,” and that this propelled his financial crimes.

Bankman-Fried’s sentence of 25 years was about half of what prosecutors had asked for, but still puts him at the high end for sentence length in prominent white-collar fraud cases. Ahead of him is Bernard Madoff, who was sentenced to 150 years behind bars for the $20 billion Ponzi scheme he led. He died around 12 years into his sentence. Theranos founder and CEO Elizabeth Holmes, who was convicted on four charges of defrauding investors while running the failed blood-testing startup Theranos, was sentenced to a little over 11 years.

...


https://edition.cnn.com/2024/03/28/business/ftx-sam-bankman-fried-sentencing/index.html

[hater]

71k :tu

Chaching!!!!! :lol

[hater]

God bless the Glorious Empire of El Salvador :tu

https://x.com/historyinmemes/status/1778193742970994816

[Thread]

God bless the Glorious Empire of El Salvador :tu

https://x.com/historyinmemes/status/1778193742970994816

You should...we should go down there on vacation with your boodle of Bitcoins. I'll bring along my 150 million 8BP coins.

Have the time of our lives.

[hater]

You should...we should go down there on vacation with your boodle of Bitcoins. I'll bring along my 150 million 8BP coins.

Have the time of our lives.

:wow

:tu

[Blake]

71k :tu

Chaching!!!!! :lol

500% increase in value of your 0 shares is 0

[hater]

500% increase in value of your 0 shares is 0

"Shares"


:lmao. Boomers :lol

[pgardn]

You should...we should go down there on vacation with your boodle of Bitcoins. I'll bring along my 150 million 8BP coins.

Have the time of our lives.



:wow

:tu

Please get this done before the world ends.
Tired tread and the boi Sandinista together with paper umbrellas in their drinks and a twinkle in those eyes for each other.

:eyebrows

[Thread]

Please get this done before the world ends.
Tired tread and the boi Sandinista together with paper umbrellas in their drinks and a twinkle in those eyes for each other.

:eyebrows

Don't start in on me tonight, peeg. I ain't in the mood.

[Blake]

"Shares"


:lmao. Boomers :lol

"Chaching"

:lol message board bragging

[Winehole23]

Bit of a tangent.

Sweden rethinks its cashless paradigm.


Earlier this week, Heise Online, a German online news service that covers IT, telecommunications, and technology sectors, published a long, in-depth report (https://www.heise.de/hintergrund/Missing-Link-Karten-Pionier-Schweden-entdeckt-die-Bedeutung-von-Bargeld-neu-9708325.html) about the Riksbank’s apparent rediscovery of some of the benefits of cash. The article also explores some of the Riksbank’s concerns about the potential fragility of a fully cashless payment system, as outlined in its 2024 Payments Report, published in March.


At a time when the dominant narrative around cash — as espoused by senior bankers, central bankers, big tech and fintech executives, politicians and economists, and of course, their ever-faithful servants in the media — is that its demise is all but inevitable, even in countries where cash is still King (Germany, Spain, Austria, Mexico, Thailand, Japan…), the Riksbank’s report may offer a cautionary tale. From the Heise Online piece (machine translated):


“The Swedish payments market has been digitized rapidly,” states the Riksbank. Cash and manual payment services have been replaced by cards, mobile phones and internet services. “As a result, payments have become faster, smoother and cheaper overall,” which the institute points out is “a positive development.” However, there are groups in society “who do not have access to digital payment services or find it difficult to use them and are therefore marginalized”. There are also “serious fraud problems that could undermine trust in the payment system.”

Digitalization also makes payments “more vulnerable to cyber attacks and disruptions to the power grid and data communication,” the bank points out. At the same time, the geopolitical developments of the past few years required “Sweden to have strong civil defense.” The developments suggested “that we should concentrate more than before on the challenges of digitalization.”



Put another way, cash does not crash. It does not fail in a power cut or seize up during a cyber attack (though, of course, ATMs might). By contrast, digital payment systems need a stable and continuous internet connection to process transactions. When these connections fail, the result is often chaos. Digital payment outages have caused significant disruption in a host of countries in recent years, including the US (https://www.businessinsider.com/credit-card-payments-system-outage-stores-restaurants-chick-fil-a-2021-2), the UK (https://www.telegraph.co.uk/money/consumer-affairs/sainsburys-card-meltdown-proves-we-must-protect-cash/), Australia (https://www.theguardian.com/australia-news/2024/feb/15/at-least-six-australian-banks-hit-by-network-outages-including-ubank-and-bank-australia), Indonesia (https://www.channelnewsasia.com/singapore/dbs-citibank-digital-banking-outage-it-issue-3900031), Germany (https://www.nakedcapitalism.com/2022/06/germany-just-gave-a-timely-lesson-onthe-dangers-of-going-completely-cashless.html), Canada (https://www.cbc.ca/news/canada/moneris-network-outage-1.6976615), Spain (https://www.google.com/search?q=spain+payment+outage&oq=spain+payment+outage&aqs=chrome..69i57j0i22i30j0i390i512i650l3.5045j0j9&sourceid=chrome&ie=UTF-8) and Norway (https://www.thelocal.no/20220902/could-cash-payments-be-about-to-make-a-comeback-in-norway). Generally speaking, the more cashless the country, the greater the disruption.

https://www.nakedcapitalism.com/2024/05/swedens-riksbank-is-sounding-the-alarm-on-fragility-of-cashless-payment-systems.html

[Thread]

Bit of a tangent.

Sweden rethinks its cashless paradigm.

https://www.nakedcapitalism.com/2024/05/swedens-riksbank-is-sounding-the-alarm-on-fragility-of-cashless-payment-systems.html

[The world] always does, like clockwork.

Let us proceed...

[Winehole23]

wild

1804487118019854395https://x.com/WendySiegelman/status/1804487118019854395

[Thread]

wild

1804487118019854395https://x.com/WendySiegelman/status/1804487118019854395

I guess Old Man Biden is mighty pissed at Old Man Trump for hangin' a FELONY conviction of Hunter, so, now Old Man Biden is eyeballin' Stretch Trump.

American Democracy indeed, Winester.

[Winehole23]

None of them knew what, exactly, was causing these symptoms. But they all shared a singular grievance: a dull aural hum had crept into their lives, which growled or roared depending on the time of day, rattling their windows and rendering them unable to sleep. The hum, local law enforcement had learned, was emanating from a Bitcoin mining facility that had recently moved into the area—and was exceeding legal noise ordinances on a daily basis.https://time.com/6982015/bitcoin-mining-texas-health/

[Winehole23]

there is an increasing body of scientific studies linking prolonged exposure to noise pollution with cardiovascular damage.

[Thread]

https://time.com/6982015/bitcoin-mining-texas-health/

Mornin', fart-face.

You ain't turnin' TexasPERIOD

[Winehole23]

Trump/Vance are teasing crypto bros.

Mark Cuban thinks they're greasing the skids for a transactional play.


Still, it’s unclear how far Trump’s embrace of digital assets will go. After all, crypto markets are notoriously fickle and a lot could happen between now and the beginning of the next presidential term to revive Trump’s previous resistance to an asset class infamous for scandals and “thin air” valuations.

At least for now, however, crypto executives are happy to hear Trump making the noises they want to hear.

“All Trump has had to do is go ‘rah-rah, go Bitcoin,’” said Dan Tapiero, who runs digital-asset investment firms 1RoundTable Partners and 10T Holdings. “It’s the lowest bar that needed to be crossed to get people in our space excited.”
link (https://www.yahoo.com/news/trump-seizes-crypto-wedge-issue-152401549.html)

[spurraider21]

“All Trump has had to do is go ‘rah-rah, go Bitcoin,’” said Dan Tapiero, who runs digital-asset investment firms 1RoundTable Partners and 10T Holdings. “It’s the lowest bar that needed to be crossed to get people in our space excited.”

:lol i know one specific poster on this board for whom this would absolutely work

[Winehole23]

1817190705476874474https://x.com/JosephPolitano/status/1817190705476874474

[Thread]

1817190705476874474https://x.com/JosephPolitano/status/1817190705476874474

We're flat-ass broke and lost a credit rating.

tee, hee.

[Winehole23]

1817226232519340103https://x.com/StephanieKellyM/status/1817226232519340103

[Winehole23]

1817400403065286745https://x.com/Wilson__Valdez/status/1817400403065286745

[Winehole23]

wut

1817337985492226154https://x.com/SenLummis/status/1817337985492226154

[Thread]

wut

1817337985492226154https://x.com/SenLummis/status/1817337985492226154

- "Prove it."

- "Shane" - "Shane"

[Winehole23]

1819391066736308365https://x.com/aaronAcarr/status/1819391066736308365

[Ef-man]

https://x.com/visegrad24/status/1820310264543056070

[Thread]

https://x.com/visegrad24/status/1820310264543056070

Biden did that.

[Trainwreck2100]

Crypto bros weren't voting for Biden anyway

[Winehole23]

https://pbs.twimg.com/media/GULnsB_aAAAvZtu?format=jpg&name=900x900

[Trainwreck2100]

https://pbs.twimg.com/media/GULnsB_aAAAvZtu?format=jpg&name=900x900

This makes sense I'm sure the same guys doing high volume bitcoin were also shorting the yen

[Winehole23]

1820461428714951079

https://x.com/scottbudman/status/1820461428714951079

[CosmicCowboy]

damn...one shitty jobs report and the stock market craters. Makes no sense.

[Thread]

damn...one shitty jobs report and the stock market craters. Makes no sense.

It's been teetering for 2 years.

[MultiTroll]

damn...one shitty jobs report and the stock market craters. Makes no sense.
:lol
Asian markets are cratering.
Iran vs Izzy seems a foregone conclusion.

I'm considering buying Bitcoin. Missed the 49K bottom.

[Thread]

:lol
Asian markets are cratering.
Iran vs Izzy seems a foregone conclusion.

I'm considering buying Bitcoin. Missed the 49K bottom.

Iran did that.

[Winehole23]

damn...one shitty jobs report and the stock market craters. Makes no sense.Japan carry trade, geopolitical tensions

[Thread]

Japan carry trade, geopolitical tensions

Easy peazy for the Japs. They lucked out attacking Pear Harbor. Their children are forbidden to go to the slaughters for the past 80 years. American children go instead, they all return though, some thru Dover, AFB.

Japan is forbidden to have an MIC. So, they have a veritable shit load of money to spend elsewhere, year after year, after year.

[Winehole23]

1509913308534800389https://x.com/RudyHavenstein/status/1509913308534800389

[Thread]

1509913308534800389https://x.com/RudyHavenstein/status/1509913308534800389

F.D.I.C.

[Winehole23]

NIKKEI 225 rallies hard at the open, erasing the largest two-day drop in its history.

Dow Jones and NASDAQ futures are up 1%-2%.

[Winehole23]

https://pbs.twimg.com/media/GUQnolAWMAAmn4x?format=jpg&name=medium

[Winehole23]

are straight lines like that unusual in market graphs? is this an artifact of electronic trading?

[Thread]

GD it!!!

[Ef-man]

Ole Joe fixing the world’s shit while Yam Tits worries about his weird couch fucker decision

[Thread]

Ole Joe fixing the world’s shit while Yam Tits worries about his weird couch fucker decision

Ha! The Magic Negro is running this show top to bottom. And there is a half dozen troops hurtin' right now too, Effy.

Let us proceed...

[Winehole23]

if a .25% BOJ interest rate hike caused the dip, what caused the rebound?

[Ef-man]

https://i.ebayimg.com/images/g/N94AAOSwrT5hKLSy/s-l1600.jpg

[Thread]

https://i.ebayimg.com/images/g/N94AAOSwrT5hKLSy/s-l1600.jpg[/QUOTE]

And don't forget this, little shitter...

https://nypost.com/wp-content/uploads/sites/2/2021/08/gold-star-dad-blasts-biden-152.jpg?resize=1024,682&quality=75&strip=all

[djohn2oo8]

1820834405742456857

[LkrFan]

1820834405742456857

The goods :tu

[Spurminator]

damn...one shitty jobs report and the stock market craters. Makes no sense.

It's an election year, this always happens. Manufacture a sell-off during turbulent times to tank prices and buy back at a lower price.

[Thread]

It's an election year, this always happens. Manufacture a sell-off during turbulent times to tank prices and buy back at a lower price.

Bummer.

[Joseph Kony]

"market crash" :lmao bunch of overleveraged crybabies

[Thread]

"market crash" :lmao bunch of overleveraged crybabies

LIke you guys when President Trump was in there. Whatever bad happened in the country was good to you fellows. Same now and ever more.

[djohn2oo8]

1820856872712187990

[Thread]

1820856872712187990

Like you guys when President Trump was in there:::whatever bad happened to the economy was super to you fellows.

[CosmicCowboy]

It's an election year, this always happens. Manufacture a sell-off during turbulent times to tank prices and buy back at a lower price.

Yeah I bought more this morning

[Ef-man]

1820834405742456857

https://i.ebayimg.com/images/g/N94AAOSwrT5hKLSy/s-l1600.jpg

[Spurminator]

And I should have mentioned the other part of the cycle that happens first - drive prices to inflated amounts before you sell them.

The stock market has essentially "tanked" to levels not seen since March 2024.

[spurraider21]

stock market crash is when S&P is now only up 11% from year to date

[Thread]

https://i.ebayimg.com/images/g/N94AAOSwrT5hKLSy/s-l1600.jpg

& this...

https://nypost.com/wp-content/uploads/sites/2/2021/08/Front_Cover-25.jpg?resize=915,1024&quality=75&strip=all

[Thread]

stock market crash is when S&P is now only up 11% from year to date

- "Hope, hope."

- "Dick Ritchie" - "True Romance"

[Ef-man]

stock market crash is when S&P is now only up 11% from year to date

Sad world for the poorly educated magas; just like their abandoned stock market threads.

[Thread]

Sad world for the poorly educated magas; just like their abandoned stock market threads.

Like you fellows when Trump was President; anytime there was a stock market drop, ya's had time of your lives.

[Winehole23]

https://pbs.twimg.com/media/GUYTwulXoAAP8D8?format=jpg&name=900x900

[CosmicCowboy]

Yeah I bought more this morning

Yep. Been a good week.

[spurraider21]

1831031784404038082

[Taking it to the Hole]

I’m holding some Ethereum myself, and it’s been exciting to watch the price action since the update. You’ve got a solid lineup with ADA, MATIC, and AMP too. I’ve got some ADA and MATIC as well, and they’ve been good performers in my portfolio, especially with all the development happening on those networks.

Recently, I’ve been exploring Solana, which has been making waves because of its fast transaction times and low fees. I even used https://solana-scripts.com/ to launch a couple of tokens and boost volume on the Solana blockchain, which was a cool way to get deeper into the ecosystem without crazy gas fees.

[hater]

Yep. Been a good week.

:tu


HODL!!!!

[hater]

CHA CHING MODAFUCKAS!!!!!!

https://x.com/WatcherGuru/status/1854246720642613318

[velik_m]

I can't wait for Trump admin to try to balance the budget by buying crypto.

[hater]

Damn 80k

I had said it would be 85k by christmas. Boy I was wrong

100k by christmas

[hater]

Lol doubt it

If it hits 1 mil in 10 years Id be a happy camper tho

https://x.com/cf_trades/status/1856226412837122383

[Winehole23]

Bel-Air crypto bro hired "at least six" LASDs as muscle

(allegedly)


By late October, the Sheriff’s Department confirmed that “several” more deputies had been relieved of duty. Officials refused to name them or say how many there were, though three sources told The Times that at least three more lawmen had been sidelined, which would bring the total to six, with several more said to be under scrutiny.


Federal court records trace Iza's alleged crimes back to 2021, when prosecutors say he began paying Los Angeles County sheriff’s deputies to be his hired muscle and help him steal from his enemies.



One of the lawmen — identified as Deputy 1 in court records — ran a private security company that Iza allegedly paid more than $100,000 per month to provide “teams of active LASD deputies” to accompany him around the clock.
https://www.yahoo.com/news/crypto-godfather-bel-air-probe-110028488.html

[CosmicCowboy]

I cashed out yesterday. I could be wrong but it just rose too far too fast. I might get back in if it drops again.

[hater]

I cashed out yesterday. I could be wrong but it just rose too far too fast. I might get back in if it drops again.

Wtf

"Its going up too fast. Im out"


U gotta b shittin me :lol

[CosmicCowboy]

Wtf

"Its going up too fast. Im out"


U gotta b shittin me :lol

Meh...moved it over to the stock market. I'm doing OK there too.

[hater]

Meh...moved it over to the stock market. I'm doing OK there too.

Smdh

[CosmicCowboy]

Smdh

If you are so confident, buy more at 100K

[hater]

If you are so confident, buy more at 100K

Ummm Im confident enought not to cash out.

Its actually crazy to cash out at this time.

[CosmicCowboy]

Ummm Im confident enought not to cash out.

Its actually crazy to cash out at this time.

Checked the price lately?

Down 10% again.

[Winehole23]

Artificial scarcity of supply, still no tangible store of value.

[ChumpDumper]

Is there a Vibescoin available?

[hater]

Checked the price lately?

Down 10% again.

And? Its 92k was 50k just weeks ago :lol

Still quintupled my investment so far :)


Would be crazy yo cash out now

I hope it goes down to 30ks so I can buy more :tu

[hater]

Btw just checked my cold wallet where I have most of my stuff and it got corrupted :lmao

Kernel panics :lol

Still have my passphrase but if that somehow fails.....

Thats the bitcoin life :lol

[Winehole23]

https://pbs.twimg.com/media/GdVnaFFWcAEMBw4?format=jpg&name=900x900

[hater]

https://pbs.twimg.com/media/GdVnaFFWcAEMBw4?format=jpg&name=900x900

:tu

[SnakeBoy]

I cashed out yesterday. I could be wrong but it just rose too far too fast. I might get back in if it drops again.

Nothing wrong with taking profits but it does seem an odd time to cash out just after the bitcoin bullish election results

Not criticizing tho since I chickened out and sold Palantir the day before the election. Now I'm just sitting on cash missing out.

[CosmicCowboy]

Nothing wrong with taking profits but it does seem an odd time to cash out just after the bitcoin bullish election results

Not criticizing tho since I chickened out and sold Palantir the day before the election. Now I'm just sitting on cash missing out.

I moved it to HFMDX and picked up 2 grand the first day while bitcoin dropped 8,000. If I get back into bitcoin later it will probably just be through the Blackrock ETF.

[SnakeBoy]

I moved it to HFMDX and picked up 2 grand the first day while bitcoin dropped 8,000. If I get back into bitcoin later it will probably just be through the Blackrock ETF.

Why midcap over small cap? Been debating doing something similar or just calling it a year (it's been good) and waiting for a good correction. Everything I've plaid this year is too expensive to jump on right now (NVDA, CRM, PLTR).

I'll probably never mess with bitcoin but I've listened to a lot of the bitcoiners like Lyn Alden and they might be right that it's going to a million eventually

[CosmicCowboy]

Why midcap over small cap? Been debating doing something similar or just calling it a year (it's been good) and waiting for a good correction. Everything I've plaid this year is too expensive to jump on right now (NVDA, CRM, PLTR).

I'll probably never mess with bitcoin but I've listened to a lot of the bitcoiners like Lyn Alden and they might be right that it's going to a million eventually

This specific ETF has a great track record of picking undervalued stocks on the rise using a specific formula of price to sales with a record of increasing sales. They revalue once a year and just picked their next thirty stocks for next year

[Millennial_Messiah]

And? Its 92k was 50k just weeks ago :lol

Still quintupled my investment so far :)


Would be crazy yo cash out now

I hope it goes down to 30ks so I can buy more :tu
It's never going back down to 30k. It would be a miracle if it's ever below 70k again. I read an article about historically every election day is a bottom asymptote for bitcoin, i.e. it never falls back that low in its history after the election regardless of outcome. Meaning, roughly 69.4k which what was BTC was going for on this year's election day, represents a line that historically BTC would never fall below.

Heck, those of us including me as of tonight who cashed out in the green hoping for another fall into the 80ks range will be even lucky to get that. If it ever does fall below 70k or even to say 75k for longer than a few hours, then the anti-crypto libs will be proven right, bitcoin really is as volatile and less cyclical than we though.


Why midcap over small cap? Been debating doing something similar or just calling it a year (it's been good) and waiting for a good correction. Everything I've plaid this year is too expensive to jump on right now (NVDA, CRM, PLTR).

I'll probably never mess with bitcoin but I've listened to a lot of the bitcoiners like Lyn Alden and they might be right that it's going to a million eventually

Yeah, eventually, in the 2040s probably based on analytical data. With each quadrennial halving before the bull part of the cycle, the mining profits go down by half, and so do the % returns on investment in the bull run. Went from roughly 900% in 2016-17 to roughly 450% in 2020-21 and extrapolating that to this current 2024-25 bull season we're looking at roughly 225% from the previous ATH of 67k which would put it around $150,000 for the 2025 BTC ATH. It's a diminishing return problem based on the crypto trilemma. In 2029 you're looking at a higher dollar value but more jaded return of around 113%.

[SnakeBoy]

This specific ETF has a great track record of picking undervalued stocks on the rise using a specific formula of price to sales with a record of increasing sales. They revalue once a year and just picked their next thirty stocks for next year

Looks good. I might start buying into that fund. Technically more risk than the SPDR mid & small cap etf's I was looking at but nice track record.

[hater]

100k

:tu

[hater]

Damn 80k

I had said it would be 85k by christmas. Boy I was wrong

100k by christmas

Boy I was wrong again :lmao

[CosmicCowboy]

iMHO this recent surge is mostly based on Microstrategy's recent activity. Their stock is crazy high and they sold another 13.6 million new shares in order to buy another 4.6 billion dollars of bitcoin last week. Thus the big price jump as retail jumped on the bandwagon to ride the jump. They can't do this every week. Maybe 100K really is the new floor but it could just as easily drop back in the 80's. Smart money is shorting Microstrategy's stock.

[hater]

Meh...moved it over to the stock market. I'm doing OK there too.

:lmao

[hater]

iMHO this recent surge is mostly based on Microstrategy's recent activity. Their stock is crazy high and they sold another 13.6 million new shares in order to buy another 4.6 billion dollars of bitcoin last week. Thus the big price jump as retail jumped on the bandwagon to ride the jump. They can't do this every week. Maybe 100K really is the new floor but it could just as easily drop back in the 80's. Smart money is shorting Microstrategy's stock.

Microsyrategy owns less than 2% of all bitcoin out there. Yet they are the ones driving the surge

Sure that makes sense :lmao

[CosmicCowboy]

:lmao

Not sure why you are laughing at being in the stock market. I'm up 26% for the year and have a lot more in play than your 1/2 bitcoin.

[hater]

Not sure why you are laughing at being in the stock market. I'm up 26% for the year and have a lot more in play than your 1/2 bitcoin.

You moved your bitcoint to stock market at 80k it went up 25% 7 days after :lmao

Meanwhile your stock went up what? 3%? :lol

[CosmicCowboy]

You moved your bitcoint to stock market at 80k it went up 22% 7 days after :lmao

Meanwhile your stock went up what? 3%? :lol

I'm hitting +$2500-$3000 5 days a week for the last month. I'm satisfied with that.

[hater]

I'm hitting +$2500-$3000 5 days a week for the last month. I'm satisfied with that.

You could have hit 8 times that in the last 7 days. :lmao

[CosmicCowboy]

You could have hit 8 times that in the last 7 days. :lmao

Only with zero diversification. I like a balance.

[hater]

https://x.com/SimplyBitcoinTV/status/1864524280454586467