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, 20233 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.
February 16, 20233 yr Author On 1/21/2023 at 9:34 AM, we_gotta_believe said: 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. Now it's above the beginning of the contagion effects from the Terra Luna collapse, and everyone's favorite country, China, now is allowing Hong Kong to invest in all of crypto. Up over 50% from when you all asked how I'm doing and told you that I'm buying more. Wonder if the plebs had the conviction to buy when everything went to hell. Probably not, guess I'm just getting lucky again.
March 17, 20233 yr Interesting that BTC is pumping during banking uncertainty. Good sign for the bulls. We’ll see if that lasts when there are bigger problems, but acting as a risk off asset is distinctly different from where it was 3 years ago.
March 18, 20233 yr Author 1 hour ago, TEW said: Interesting that BTC is pumping during banking uncertainty. Good sign for the bulls. We’ll see if that lasts when there are bigger problems, but acting as a risk off asset is distinctly different from where it was 3 years ago. As Arthur wrote in the above article; spend fiat, save in Bitcoin I think people have had it with the printing of money so saving a small fraction in Bitcoin is going to really start to take place 30 million accounts
March 18, 20233 yr 13 hours ago, mattmcginley7 said: As Arthur wrote in the above article; spend fiat, save in Bitcoin I think people have had it with the printing of money so saving a small fraction in Bitcoin is going to really start to take place 30 million accounts I mean, short term, this seems like a bull trap… almost a 40% pump in a week with banking problems would have me selling as a trader, but it’s an interesting change for sure.
March 19, 20233 yr Author 8 hours ago, TEW said: I mean, short term, this seems like a bull trap… almost a 40% pump in a week with banking problems would have me selling as a trader, but it’s an interesting change for sure. Banking problems are exactly why it's pumping
March 19, 20233 yr 12 hours ago, mattmcginley7 said: Banking problems are exactly why it's pumping For now… it would definitely be good for BTC if that continued, but if this turned into a major banking crisis I have my doubts that it wouldn’t plummet.
March 19, 20233 yr Author 2 hours ago, TEW said: For now… it would definitely be good for BTC if that continued, but if this turned into a major banking crisis I have my doubts that it wouldn’t plummet. Balaji has made a $2 million public bet that price of 1 BTC is $1,000,000 within the next 90 days because of this reason He claims the world will finally redenominate Bitcoin as digital gold and countries will be forced to adopt it because it's the only place that will exist that your money is yours I have believed ever since I bought Bitcoin that it would end up as the world reserve currency, but I think everyone has to be dumb and lose money longer to finally reach that conclusion I do agree with him though that whenever the day comes that the world decides this is their new gold, the chart history of Bitcoin is rendered completely meaningless and it basically is a straight line up Maybe short term, this is the moment of FOMO and this narrative being popular.. But if I owned no Bitcoin at all and understood this possibility existed, I would be extremely nervous not owning any.
June 6, 20233 yr Boht binance and coinbase getting targeted by the SEC. Hopefully this ultimately results is a proper regulatory framework for exchanges to operate within instead of the vague patchwork of rules/regs they've had to navigate thus far.
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