July 15, 20233 yr 4 hours ago, mattmcginley7 said: But not enough to where you would consider shorting it? If I shorted it when I said I wanted to I would have already made plenty of money.
July 16, 20233 yr Author 3 hours ago, Paul852 said: If I shorted it when I said I wanted to I would have already made plenty of money. One time you would have, the other you would have lost it. In both cases, you would have made money just holding
September 22, 20233 yr Study: 95% of the NFTs may now be worthless. https://markets.businessinsider.com/news/currencies/nft-market-crypto-digital-assets-investors-messari-mainnet-currency-tokens-2023-9
September 22, 20233 yr 3 minutes ago, we_gotta_believe said: Study: 95% of the NFTs may now be worthless. https://markets.businessinsider.com/news/currencies/nft-market-crypto-digital-assets-investors-messari-mainnet-currency-tokens-2023-9 Nobody coulda seen that coming.
November 9, 20232 yr On 7/14/2023 at 9:46 PM, mattmcginley7 said: It's also 80 times more than what I first bought it for but okay I didn't mention anything about price here either. You implied it isn't a sound investment. And today, the guy who runs literally the largest investment company in the world is saying the exact opposite Bc he already owns it and wants the rubes to invest and make him money
November 10, 20232 yr Author 2 hours ago, ToastJenkins said: Bc he already owns it and wants the rubes to invest and make him money "What we're seeing here is a flight to quality" And yeah I would expect Larry Fink to realize Bitcoin is going to be worth way more and own some himself.
December 4, 20232 yr Author On 11/19/2022 at 11:18 PM, mattmcginley7 said: Everyone would love to sell the top and buy the bottom. It never happens that way though I still think 1 Bitcoin will eventually be worth at least $500k. At current prices, that's 30x more than what it's currently worth If I'm right, I'll be glad I didn't sell at $60k. The concern for me, FTX blowing up and every person you know with only a limited understanding of crypto now not liking it sure sound to me like very heavy buy signals On 11/19/2022 at 11:13 PM, mattmcginley7 said: Of course I'm doing okay. I've bought more lol I love that I buy the bottom every f'ing cycle
December 4, 20232 yr 52 minutes ago, mattmcginley7 said: I love that I buy the bottom every f'ing cycle
December 4, 20232 yr My grandpa gave me three pieces of advice before he passed away: 1) Any meal that doesn't have meat is a snack. 2) Never trust a fart 3) Don't take crypto advice from noobs who can't embed twitter links on the EMB
December 4, 20232 yr Author 21 minutes ago, we_gotta_believe said: My grandpa gave me three pieces of advice before he passed away: 1) Any meal that doesn't have meat is a snack. 2) Never trust a fart 3) Don't take crypto advice from noobs who can't embed twitter links on the EMB Gotta buy back higher now huh
January 9, 20242 yr Author On 11/19/2022 at 7:56 PM, DEagle7 said: Has anyone checked in on @mattmcginley7? Your doing OK bud? ETFs approved tomorrow BTC up 3x since this day Coinbase barely in the top 500 in downloaded apps Did none of you buy when there was blood in the streets? Only me?
January 9, 20242 yr 23 minutes ago, mattmcginley7 said: ETFs approved tomorrow BTC up 3x since this day Coinbase barely in the top 500 in downloaded apps Did none of you buy when there was blood in the streets? Only me? Hey good for you. Hope it works out this time. I'm just here for the memes. Y'all have fun with your dystopian internet currency.
January 9, 20242 yr Author 3 minutes ago, DEagle7 said: Hey good for you. Hope it works out this time. I'm just here for the memes. Y'all have fun with your dystopian internet currency. Guaranteeing a currency can't be debased and maximizing control over your own funds some people would argue is the exact opposite of dystopian
January 11, 20242 yr Bitcoin ETFs are trading today. Where are these things going? Is this going to be just as volatile as bitcoin? Are they going to be slow steady growers? Do they have any explosive growth potential? Or are they going to flop?
January 11, 20242 yr 21 minutes ago, HazletonEagle said: Bitcoin ETFs are trading today. Where are these things going? Is this going to be just as volatile as bitcoin? Are they going to be slow steady growers? Do they have any explosive growth potential? Or are they going to flop? yes
January 11, 20242 yr 45 minutes ago, HazletonEagle said: Bitcoin ETFs are trading today. Where are these things going? Is this going to be just as volatile as bitcoin? Are they going to be slow steady growers? Do they have any explosive growth potential? Or are they going to flop? ETFs will be as volatile as the underlying asset they represent. The theory is that the creation of ETFs will allow more investment by both institutional investors and retail investors, and that added liquidity will reduce volatility over time. However, this is a rather unique situation, as people have been trying to get a spot bitcoin ETF approved for nearly a decade. So the argument is most of those institutional/retail investors already found a way to trade bitcoin in the interim, so the incremental liquidity may not be that much. As an example, JPM didn't allow personal accounts to buy GBTC; I am asking what their policy on the ETFs will be. My personal opinion is that while this may lead to wider adoption, Bitcoin itself remains a highly speculative investment that will continue to be volatile. If you can't handle the volatility, I'd stay away.
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