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but bitcoin!! bitcoin bitcoin!!


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2021 Feb 23, 10:09am   10,038 views  368 comments

by Zak   ➕follow (0)   💰tip   ignore  

I just saw bitcoin silence today and wondered wtf, where was all the cheering?
I know it's still up at like 40k, but uhh.. how did 20% of this amazing store of value evaporate in 2 days?

Hint. this is still speculation even though it is up.

Have fun speculating, but remember to limit your exposure, and diversify your investments.

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348   just_passing_through   2021 Aug 9, 8:14pm  

So what. He has his investment platform that's worked very well for his age range. You have yours. I'm somewhere in the middle.

Arguing about it all the time just makes me do stupid stuff like accidentally attacking cash.
349   Bitcoin   2021 Aug 9, 8:31pm  

just_passing_through says
So what


exactly. my words. Nobody is trying to tell anyone to buy crypto or apple....some are crypto cheerleaders and some are haters. posting the same BS is just silly.

"I dont care" whenever Bitcoin is up but I cheer when Bitcoin corrects is just silly.
Same as comparing 105% stock gains over 5 years with 130% gains in Bitcoin since November 2020. Just silly.
350   clambo   2021 Aug 9, 8:53pm  

My simplicity is working very well.
351   Bitcoin   2021 Aug 9, 9:54pm  

clambo says
My simplicity is working very well.


well ya, nobody said it wouldn't....I own APPL too....but i diversify and have a significant amount in crypto (and RE).
some people like to take the scenic route and some like 10x gains :)
352   clambo   2021 Aug 10, 7:00am  

Knowing what I am doing I guess may be called simple by some.
10x gains sound like my AAPL. When the shares go up another 14 bucks I’ll be an Apple millionaire.
People are actually buying Apple products and services. Apple pays me a dividend higher than my first paychecks.
My funds are up probably 10x or more, but I bought them long ago.
Ethereum, Bitcoin and the rest are either hope, fear, or something else but they are not investments.
I actually enjoyed telling that dried up hag that cypto was bullshit.
She’s still working at 68 for lack of money and prior planning. Her sons don’t have real money.
I don’t listen to people who are still going down to the salt mines for necessity.
My father would not always like my ideas and he said “If you’re so smart why aren’t you rich?”
353   Bitcoin   2021 Aug 10, 8:15am  

clambo says
10x gains sound like my AAPL


if your time horizon is a decade....certainly!



you have the right idea though....10x gotta be the goal.....9%-15% annually just doesnt cut it.....look at inflation (5.4% in June)

Just checked my Ethereum performance. 185% within less than 12month. I couldnt agree more with Clambo's dad......dont just tell yourself how great your stocks did over a decade.....there is a reason why smart (and rich) people are diversified and invest in stocks, RE and Crypto (Elon Musk, Cathie Wood, Jack Dorsey, Michael Saylor, Mark Cuban...)
354   Cash   2021 Aug 10, 8:50am  

clambo says
My simplicity is working very well.

clambo says
Knowing what I am doing I guess may be called simple by some.

Project Much? lmao
How about live and let live instead of playing the project and cancel culture game?
355   Bitcoin   2021 Aug 10, 10:35am  

Cash says
How about live and let live instead of playing the project and cancel culture game?


exactly! Why always having the urge to shit on someone's investments....If you dont like to put some of your money in crypto ....GREAT! stick with APPL.
356   AmericanKulak   2021 Aug 10, 4:16pm  

Unlike Magic Internet Money, Apple Products actually exists.

Buttcoin has already been stolen, hacked, and manipulated. And confiscated by governments.


Real value when the economy collapses. .22LR, AAA Batteries, and YAMS!
357   AmericanKulak   2021 Aug 10, 4:30pm  

"Libertarian" Crypto Activist Aria DiMezzo, and yes, xir identifies as a she.
https://www.theverge.com/22599932/bitcoin-raid-keene-new-hampshire-ian-freeman-libertarian-prosecution
358   Bd6r   2021 Aug 10, 4:55pm  

MisdemeanorRebellionNoCoupForYou says
"Libertarian" Crypto Activist Aria DiMezzo, and yes, xir identifies as a she.


They seem to be decent folks, despite bizarre appearance:

Two co-hosts on the radio show were also named: DiMezzo and a man born as Richard Paul, who had legally changed his name to Nobody in protest of the bureaucratic state.

Most recently, it gave center stage to his still-active lawsuit against New Hampshire’s mask mandate. (“I was never really convinced that COVID was a particularly dangerous thing,” Freeman tells me when I ask about the case.)

Freeman was familiar with this kind of civil disobedience, acting out to showcase the brutality of the carceral status quo. Years earlier, Freeman had smoked marijuana on the main street of Keene, daring local cops to arrest him for a crime that usually goes unpunished. (A friend filmed the encounter from across the street.) A longer running gag is Freeman’s refusal to pay municipal fines, litigating every parking ticket or summons until the bureaucracy finds it easier to simply give up. - genuine nonviolent resistance!!!

With so much dirty money trying to get clean, the prosecutions take on a kind of fatalist logic. Any unregulated exchange will eventually be used for money-laundering; any unmonitored flow of coins will eventually be an accomplice to a crime. - were the big banks who laundered narco money in Mexico shut down???
359   Bitcoin   2021 Aug 10, 9:50pm  

Obviously there are a lot of Crypto haters here that make up stuff. So, lets see what is actually happening.
Some might follow the infrastructure bill.....Bitcoin was part of it.

"It's official: Cryptocurrency is infrastructure"

https://www.cnn.com/2021/08/09/politics/cryptocurrency-infrastructure-deal-lummis-toomey/index.html

"On Monday, Toomey and Lummis announced an amendment to the provision, negotiated with the Treasury Department, focused on regulating digital assets by requiring brokers to report their transactions."

"American investors already are showing increasing interest in cryptocurrencies like Bitcoin. Among adults with $10,000 or more invested in stocks, bonds or mutual funds, either within or outside retirement funds, 6% say they own Bitcoin, according to the same recent Gallup poll. That's up from just 2% who said the same in May 2018. That number climbs even higher, to 13%, for investors under 50 years old."
360   AmericanKulak   2021 Aug 10, 9:52pm  

Bd6r says
With so much dirty money trying to get clean, the prosecutions take on a kind of fatalist logic. Any unregulated exchange will eventually be used for money-laundering; any unmonitored flow of coins will eventually be an accomplice to a crime. - were the big banks who laundered narco money in Mexico shut down???


I think the Gov case here is mostly about the Free Shire Church or whatever it's called, millions have passed through it and it's pretty much just a bullshit entity for issuing Marriage Official Licenses or some shit.
361   AmericanKulak   2021 Aug 10, 9:53pm  

Bitcoin says
"It's official: Cryptocurrency is infrastructure"


That's what they say about Race Reparations and Bastard Factory Subsidies.

Abortion is Healthcare.
War is Peace.
etc.
362   Bitcoin   2021 Aug 10, 10:02pm  

MisdemeanorRebellionNoCoupForYou says
Bitcoin says
"It's official: Cryptocurrency is infrastructure"


That's what they say about Race Reparations


I think it means, its part of the infrastructure bill and most importantly: The US continues to follow its path: innovation wont be stifled and we are pro-crypto.
Just look at all these large companies investing in blockchain tech.
363   Bitcoin   2021 Sep 3, 12:45pm  

Zak has been pretty quiet.....did Bitcoin slap him again?
364   WookieMan   2021 Sep 3, 1:58pm  

Bitcoin says
Zak has been pretty quiet.....did Bitcoin slap him again?

Might just be out there making money? You're honest in certain threads and frankly a dick in others, which is why I don't use ignore. Giving you benefit of the doubt, always have, but there are substantially bigger money makers than BTC or crypto. It's called a business.
365   Bitcoin   2021 Sep 6, 9:33pm  

WookieMan says
Bitcoin says
Zak has been pretty quiet.....did Bitcoin slap him again?

Might just be out there making money? You're honest in certain threads and frankly a dick in others, which is why I don't use ignore. Giving you benefit of the doubt, always have, but there are substantially bigger money makers than BTC or crypto. It's called a business.


So why hate on Bitcoin then? I dont hate on someone who likes to waste money investing in gold for instance.

The funny thing is that the haters all come out when Bitcoin retraces but are nowhere to be found when crypto is doing well....just like now.

https://www.axios.com/el-salvador-buys-bitcoin-currency-launch-d6a92dfa-8703-432b-a4e0-4b364bbb08fa.html

Bitcoin just became legal tender in El Salvador....now governments are buying Bitcoin too? Thank you Tesla! Thank you El Salvador!!
366   Zak   2021 Oct 15, 5:07pm  

Ahh.. had to revive this.. yes.. been a busy time for me.. i've been on a different laptop doing some work for a few weeks. bitcoin just hit 61k again, so you can't say I run and hide when its up, and only shout when its down..!!!

No matter the price of bitcoin, its still a FIAT, and I can still fork it and double the number of tokens by simply starting a new blockchain and new network. And it still consumes disgusting amounts of power per transaction.
367   Bitcoin   2021 Oct 15, 8:38pm  

Zak says
And it still consumes disgusting amounts of power per transaction.

@Zak
You gonna love this news:
https://www.cnbc.com/2021/10/13/us-beats-china-as-the-number-one-destination-for-bitcoin-miners.html

"U.S. officially the top destination for bitcoin miners, beating out China for the first time"
"The U.S. is also flush with renewable power sources.

Washington state is a mecca for hydropowered mining farms. New York produces more hydroelectric power than any other state east of the Rocky Mountains, and it counts its nuclear power plants toward its 100% carbon-free electricity goal."


Zak says
bitcoin just hit 61k again

Yes baby!!! 100k incoming !!!!
368   Bitcoin   2021 Oct 20, 7:56am  

Where is @Zak????

He's not celebrating Bitcoin new ALL TIME HIGH today??
He's not celebrating the first Bitcoin ETF on the Nasdaq???


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