December 18, 20223 yr Kinda poetic that Bitcoin and Trump implode simultaneously. The two largest scams of the century, finally exposed.
December 24, 20223 yr Author On 12/18/2022 at 8:21 AM, dawkins4prez said: Kinda poetic that Bitcoin and Trump implode simultaneously. The two largest scams of the century, finally exposed. I'm only up... *checks price* 42x from my first Bitcoin buy. Can't believe it's dead.
December 24, 20223 yr On 12/18/2022 at 8:21 AM, dawkins4prez said: Kinda poetic that Bitcoin and Trump implode simultaneously. The two largest scams of the century, finally exposed. You mean a risk asset started to go down when the Fed started to come out as bearish last year
December 24, 20223 yr On 12/16/2022 at 5:34 PM, lynched1 said: Why was SBF arrested just before public hearings in congress? Here's why. 😠 So a few things: 1) Getting arrested doesn't preclude SBF from appearing at a congressional hearing. If they want to have him testify, then can do so at another date. 2) What value do you think he was going to provide in speaking in front of Congress? Did you read his 18 page prepared testimony? Holy sh-t what a delusional narcissistic POS. 18 pages of playing the victim and deflecting blame and crying and whining. So sure, give the loser a soapbox to cry from for 3 hours, just not sure what you think is going to be gained from it.
December 24, 20223 yr At the moment he's likely fielding many unsupervised phone calls from co-conspirators regarding testimony.
December 24, 20223 yr 14 hours ago, mattmcginley7 said: I'm only up... *checks price* 42x from my first Bitcoin buy. Can't believe it's dead. so you bought around $380 or so and didn't have an exit strategy or at least sell off some and take profits?
December 24, 20223 yr Author 1 hour ago, greenskeeper said: so you bought around $380 or so and didn't have an exit strategy or at least sell off some and take profits? Why would I sell if I believe it's going to $500k?
December 25, 20223 yr On 12/23/2022 at 11:18 PM, mattmcginley7 said: I'm only up... *checks price* 42x from my first Bitcoin buy. Can't believe it's dead. Bitcoin was a successful scam that made a lot of people money. it's still a scam. It's the AOL of cryptocurrencies and it needs to finally die so we can have a next generation of actual alternate monetary systems that work.
December 25, 20223 yr 22 hours ago, greenskeeper said: so you bought around $380 or so and didn't have an exit strategy or at least sell off some and take profits? Bitcoin is going to be like the casino. Everybody who says they came out on top will be showboating while the multitudes of poor schmucks who were caught with the hot potato will deny they ever had anything to do with it.
December 25, 20223 yr 42 minutes ago, dawkins4prez said: Bitcoin was a successful scam that made a lot of people money. it's still a scam. It's the AOL of cryptocurrencies and it needs to finally die so we can have a next generation of actual alternate monetary systems that work. So I’m pretty skeptical of crypto for someone who holds a position, but I don’t think BTC is a scam. It is what it is, it works how it’s supposed to work. There are definitely a ton of scammers in the space. It could get stomped to death by governments. It’s definitely a speculative asset. But scam implies malfeasance for profit by the creator, and as far as I’m aware Satoshi’s wallets haven’t sold anything since it was invented.
December 25, 20223 yr 42 minutes ago, dawkins4prez said: Bitcoin is going to be like the casino. Everybody who says they came out on top will be showboating while the multitudes of poor schmucks who were caught with the hot potato will deny they ever had anything to do with it. That’s a high probability scenario, no doubt. For a monetary system that was supposed to combat inflation, it sure hasn’t done well during the first high inflationary environment we’ve seen in 40 years. It basically trades like a tech stock on steroids, though there is still time for it to mature.
December 25, 20223 yr 24 minutes ago, TEW said: So I’m pretty skeptical of crypto for someone who holds a position, but I don’t think BTC is a scam. It is what it is, it works how it’s supposed to work. There are definitely a ton of scammers in the space. It could get stomped to death by governments. It’s definitely a speculative asset. But scam implies malfeasance for profit by the creator, and as far as I’m aware Satoshi’s wallets haven’t sold anything since it was invented. Understood on the distinction, but every government or community that has embraced it as a transactional tool has fallen laughably on its face for it. And exactly as you noted, in the very events where it is supposed to shine, it craters instead. There will always be some value tied to it because it has reserves of wealth in nefarious circles invested into it, maybe a little extra as a collector's curiosity. But the bones are really bad when you sum up the mining, the closed circle that actually owns the bitcoins and of course the rampant unscrupulous speculation that has warped beyond recognition its real purchasing value.
December 28, 20223 yr Author On 12/25/2022 at 10:38 AM, dawkins4prez said: Bitcoin is going to be like the casino. Everybody who says they came out on top will be showboating while the multitudes of poor schmucks who were caught with the hot potato will deny they ever had anything to do with it. How many of the poor schmucks you think are buying right now while the price is down 75%? It's their own fault I bought when no one I knew personally had any. I bought when everyone I knew called it a scam. I bought before any institution did. I bought March 2020 when it was down 60% on the day. I have bought every couple of weeks now since the ftx crash. All the schmucks will buy back at $100k and pass on it now. This isn't a casino, this is emotionally charged, immature clowns handing money to those who are patient and believe over and over again. If you lost on the best performing asset of the last decade, you are not emotionally built for this. Go to treasurydirect.gov and earn your 4%.
December 28, 20223 yr 11 hours ago, mattmcginley7 said: How many of the poor schmucks you think are buying right now while the price is down 75%? It's their own fault I bought when no one I knew personally had any. I bought when everyone I knew called it a scam. I bought before any institution did. I bought March 2020 when it was down 60% on the day. I have bought every couple of weeks now since the ftx crash. All the schmucks will buy back at $100k and pass on it now. This isn't a casino, this is emotionally charged, immature clowns handing money to those who are patient and believe over and over again. If you lost on the best performing asset of the last decade, you are not emotionally built for this. Go to treasurydirect.gov and earn your 4%. Hypothetical here: What will you do if the next halvening doesn’t send BTC to new all time highs? What if it only gets to, say, $45K before crashing? And what if the next halvening does nothing and it trades sideways or even down further? In short, what would you do if your "belief” as you’ve put it is wrong for a cycle?
December 28, 20223 yr Author 2 hours ago, TEW said: Hypothetical here: What will you do if the next halvening doesn’t send BTC to new all time highs? What if it only gets to, say, $45K before crashing? And what if the next halvening does nothing and it trades sideways or even down further? In short, what would you do if your "belief” as you’ve put it is wrong for a cycle? Buy more
December 28, 20223 yr 1 hour ago, mattmcginley7 said: Buy more So what would make you think you’re wrong?
December 29, 20223 yr Author 4 hours ago, TEW said: So what would make you think you’re wrong? If the Bitcoin network was broken and unable to be forked and patched
January 2, 20233 yr One of the core developers of Bitcoin got his Bitcoin stolen. Yikes... Also LOL at him begging the FBI for help. My guy you created this currency to curtail government regulation and oversight, yet now you want the protection from the federal government when someone hacks your system? Can't have it both ways. Sucks to suck.
January 3, 20233 yr 5 hours ago, DEagle7 said: One of the core developers of Bitcoin got his Bitcoin stolen. Yikes... Also LOL at him begging the FBI for help. My guy you created this currency to curtail government regulation and oversight, yet now you want the protection from the federal government when someone hacks your system? Can't have it both ways. Sucks to suck. As long as my Let's Go Brandon coin is safe! LOL @ it being the LGB coin. Almost too on the nose.
January 4, 20233 yr Shades of Epstein US District Judge Kaplan approved the request to keep two large sureties in the SBF case anonymous.
January 21, 20232 yr Anyone catch Maher's monologue where he talks about the collapse of Bitcoin? Somehow his writers must've missed the fact that it's already back up to pre-FTX levels. The show's break wasn't even long enough to take advantage of him properly dunking on crypto.
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