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397
Cash
2020 May 13, 8:52am
On a retest of that last high I am personally looking to dump in all the FOMO buying that may take place starting at 10400+/- and up to near 11k if I get it.
398
WookieMan
2020 May 13, 8:57am
WookieMan
2020 May 13, 8:57am
covid_shmovid says
That and/or you can cherry pick one guy that got lucky and point to that as an investment strategy. Schiff still has his money/value. Many other gold bugs do as well (side note I've never touched gold investments).
There are many people that have lost their assess bigly in crypto. How about showing their pictures? If you took the median crypto "investor" I'd guess 70% or so are on the negative side of the balance sheet with poorly timed trades. You're simply giving your money to billionaires, with very high risk trading/investing in crypto of any kind. Make your money, but as covid says, you seem to be pumping and have shown zero proof you have one US dollar (lol) invested in crypto.
Newbie123 saysHehe, I knew that meme would be a hit. Lol
Nobody gives a fuck about gold.
That and/or you can cherry pick one guy that got lucky and point to that as an investment strategy. Schiff still has his money/value. Many other gold bugs do as well (side note I've never touched gold investments).
There are many people that have lost their assess bigly in crypto. How about showing their pictures? If you took the median crypto "investor" I'd guess 70% or so are on the negative side of the balance sheet with poorly timed trades. You're simply giving your money to billionaires, with very high risk trading/investing in crypto of any kind. Make your money, but as covid says, you seem to be pumping and have shown zero proof you have one US dollar (lol) invested in crypto.
399
Onvacation
2020 May 13, 9:07am
Onvacation
2020 May 13, 9:07am
Newbie123 says
We {I} don't hate bitcoin. I do find it amusing that the little people think they can make a killing on it.
Just to remind you what you own:
010001011011101000010100010100010100011101010101101001001000010010010011010010010010100010101000101001110101010010101001010101010101001010101010010100001011010100101100011101001110100110100101010101010101!010001011011101000010100
When's the moon shot?
You have an overwhelming amount of people here who absolutely hate bitcoin.
We {I} don't hate bitcoin. I do find it amusing that the little people think they can make a killing on it.
Just to remind you what you own:
010001011011101000010100010100010100011101010101101001001000010010010011010010010010100010101000101001110101010010101001010101010101001010101010010100001011010100101100011101001110100110100101010101010101!010001011011101000010100
When's the moon shot?
400
WookieMan
2020 May 13, 12:31pm
WookieMan
2020 May 13, 12:31pm
Newbie123 says
Pretty sure I'm ignored, but whatever. I don't believe I've read a single comment on this forum that said it "should" be zero or is "going" to zero. It's a worthless long term investment. Time will tell the truth. But worthless doesn't mean you cannot make money off of fools.
You're the one that seems triggered out the gate after BTC being down for a while there champ and taking a break from the forum. You came out fighting yourself before a word was even said. Insecure about your investment much?
Covid shmovid you are not annoyed, you are just mad your prediction/hopes of bitcoin going to zero seem to not play out ;) Sry buddy
Pretty sure I'm ignored, but whatever. I don't believe I've read a single comment on this forum that said it "should" be zero or is "going" to zero. It's a worthless long term investment. Time will tell the truth. But worthless doesn't mean you cannot make money off of fools.
You're the one that seems triggered out the gate after BTC being down for a while there champ and taking a break from the forum. You came out fighting yourself before a word was even said. Insecure about your investment much?
401
Onvacation
2020 May 13, 12:58pm
Onvacation
2020 May 13, 12:58pm
WookieMan says
And if you don't know who the fool is...
It's not foolish to not buy bitcoin. We can still cash out our fiat accounts for bitcoin IF it becomes the "currency of the future".
doesn't mean you cannot make money off of fools.
And if you don't know who the fool is...
It's not foolish to not buy bitcoin. We can still cash out our fiat accounts for bitcoin IF it becomes the "currency of the future".
402
Cash
2020 May 14, 11:00am
Onvacation says
I agree with this statement. Actually for investors who like to be very diversified buying current selling isn't a bad Idea to park some cash and hold as a hedge with reasonable SL 9 k+/- or there about which I actually don't see price hitting that low but of coarse it could $8800+/- is a bit of a magnet on the downside. I see $15000 1st strike and $23000 2nd. I personally have no faith BTC will take over fiat or even be the 1 digital king in the end game for many reasons however with the current perception scared FOMO money is the best $$$ and could make BTC move fast and furious, and no Obummer needed to make it happen. I believe there is still enough movement and room to acquire house shares and harvest a persons original investment.
It's not foolish to not buy bitcoin
I agree with this statement. Actually for investors who like to be very diversified buying current selling isn't a bad Idea to park some cash and hold as a hedge with reasonable SL 9 k+/- or there about which I actually don't see price hitting that low but of coarse it could $8800+/- is a bit of a magnet on the downside. I see $15000 1st strike and $23000 2nd. I personally have no faith BTC will take over fiat or even be the 1 digital king in the end game for many reasons however with the current perception scared FOMO money is the best $$$ and could make BTC move fast and furious, and no Obummer needed to make it happen. I believe there is still enough movement and room to acquire house shares and harvest a persons original investment.
403
WookieMan
2020 Jul 27, 7:11pm
WookieMan
2020 Jul 27, 7:11pm
Newbie123 says
Lol. Finally recovered to June 2019 prices during one of the best economies until COVID. Congrats. You know the numbers the prior year. 2 years of nothingness unless you’re short term trading it. Almost every asset class performed better from June 2018 until COVID. Like I said, congrats on making the big bucks.
Bitcoin over 11k lol
What happened to the no-coiners and bitcoin haters? And ALL those people that predicted bitcoin will go to zero?
Lol. Finally recovered to June 2019 prices during one of the best economies until COVID. Congrats. You know the numbers the prior year. 2 years of nothingness unless you’re short term trading it. Almost every asset class performed better from June 2018 until COVID. Like I said, congrats on making the big bucks.
404
Eric Holder
2020 Jul 27, 7:57pm
Eric Holder
2020 Jul 27, 7:57pm
WookieMan says
Except he bought at $19K for all we know. We've never seen a single screen shot from him proving otherwise.
Newbie123 saysBitcoin over 11k lol
What happened to the no-coiners and bitcoin haters? And ALL those people that predicted bitcoin will go to zero?
Lol. Finally recovered to June 2019 prices during one of the best economies until COVID. Congrats. You know the numbers the prior year. 2 years of nothingness unless you’re short term trading it. Almost every asset class performed better from June 2018 until COVID. Like I said, congrats on making the big bucks.
Except he bought at $19K for all we know. We've never seen a single screen shot from him proving otherwise.
405
Onvacation
2020 Jul 27, 8:12pm
Onvacation
2020 Jul 27, 8:12pm
Newbie123 says
And where is it now?
Onvacation says
Bitcoin over 11k lol
And where is it now?
Onvacation says
We {I} don't hate bitcoin. I do find it amusing that the little people think they can make a killing on it.
Just to remind you what you own:
010001011011101000010100010100010100011101010101101001001000010010010011010010010010100010101000101001110101010010101001010101010101001010101010010100001011010100101100011101001110100110100101010101010101!010001011011101000010100
When's the moon shot?
406
WookieMan
2020 Jul 27, 11:09pm
WookieMan
2020 Jul 27, 11:09pm
Newbie123 says
$100k versus $4k of US dollars. I’m still closer...
Rolf!!
Hahahaha wookieman! Is still around! I must have him on ignore. Isn’t that the guy who said at 4K “ready to eject?”
Rofl!!
$100k versus $4k of US dollars. I’m still closer...
Rolf!!
407
Eric Holder
2020 Jul 28, 7:47am
Eric Holder
2020 Jul 28, 7:47am
LOL, everytime that shit ticks up desperate HODLers come out of the woodwork to stoke FOMO in the general population in an attempt to recoup their losses.
408
WookieMan
2020 Aug 5, 9:46am
WookieMan
2020 Aug 5, 9:46am
Newbie123 says
I don't know why I keep biting. BTC is toast long term. When the 21M coins get mined it's game over. You know this, but don't want to admit it. Transactions will literally stop as there's no reason for the spreadsheet to keep going. The idea of a digital resource becoming more valuable as it becomes more scarce is a joke. Certain industries need diamonds, gold, silver, etc. No one "needs" BTC. No one. And even the commodities I mention, we can go without and find alternatives and those alternative commodities then become more valuable.
Finite resources get replaced by science and ingenuity. Bitcoin is a childs game that was likely created and manipulated by some video game maker. Didn't realize it would become popular and is now manipulating the market probably holding half the coins. You're just a character in their game, you don't know it though. I'd actually consider trading BTC, but it's a rigged game. Fuck no on holding though. That's pure stupidity at levels that put you on the short bus.
I bet the bitcoin haters mentioned that BTC pulled back a few days ago but they don’t mention that it’s back over 11.5k now, right?
I don't know why I keep biting. BTC is toast long term. When the 21M coins get mined it's game over. You know this, but don't want to admit it. Transactions will literally stop as there's no reason for the spreadsheet to keep going. The idea of a digital resource becoming more valuable as it becomes more scarce is a joke. Certain industries need diamonds, gold, silver, etc. No one "needs" BTC. No one. And even the commodities I mention, we can go without and find alternatives and those alternative commodities then become more valuable.
Finite resources get replaced by science and ingenuity. Bitcoin is a childs game that was likely created and manipulated by some video game maker. Didn't realize it would become popular and is now manipulating the market probably holding half the coins. You're just a character in their game, you don't know it though. I'd actually consider trading BTC, but it's a rigged game. Fuck no on holding though. That's pure stupidity at levels that put you on the short bus.
409
Onvacation
2020 Aug 5, 10:34am
Onvacation
2020 Aug 5, 10:34am
WookieMan says
Got to find a greater fool to make money on bitcoin. If your holding bitcoin for the future and you don't know who the fool is it's probably you.
You're just a character in their game, you don't know it though. I'd actually consider trading BTC, but it's a rigged game. Fuck no on holding though. That's pure stupidity at levels that put you on the short bus.
Got to find a greater fool to make money on bitcoin. If your holding bitcoin for the future and you don't know who the fool is it's probably you.
410
Onvacation
2020 Aug 13, 10:55am
Onvacation
2020 Aug 13, 10:55am
Newbie123 says
How?
Not expecting a cogent answer.
The next bitcoin bull run is going to hurt bitcoin haters and no coiners. It’s going to blow their mind :
How?
Not expecting a cogent answer.
411
WookieMan
2020 Aug 13, 11:12am
WookieMan
2020 Aug 13, 11:12am
Onvacation says
Who cares. If you're just doing standard practices and maxing out 401k's and Roths if you don't get a pension, you'll be just fine. Yes, morons can get rich doing stupid things, but you're better off playing lotto in most cases. And then as most lotto winners do, fuck up and can't manage money because they were losers with it before they got rich by buying lotto tickets.
@Patrick - Don't know if this would be a minor tweak or a big one. Anyway to add ignore to a thread/op instead of a blanket ignore of the user? And not ignore the thread/op, but just that user within said thread/op.
Even though Newbie has me on ignore, there has been a topic or two where I like his thoughts. This one being the opposite of that. But being the bigger man I can acknowledge when someone has some decent thoughts. And yes, I know I could just ignore it, but I do like seeing others opinions on things like crypto without them waving around their jazz hands.
Basically, would it be at all possible to ignore Newbie within this thread, but still read others comments on this thread AND still see Newbie's stuff in other threads? Ignoring him would just block everything of his/hers if I understand correctly.
Newbie123 saysThe next bitcoin bull run is going to hurt bitcoin haters and no coiners. It’s going to blow their mind :
How?
Not expecting a cogent answer.
Who cares. If you're just doing standard practices and maxing out 401k's and Roths if you don't get a pension, you'll be just fine. Yes, morons can get rich doing stupid things, but you're better off playing lotto in most cases. And then as most lotto winners do, fuck up and can't manage money because they were losers with it before they got rich by buying lotto tickets.
@Patrick - Don't know if this would be a minor tweak or a big one. Anyway to add ignore to a thread/op instead of a blanket ignore of the user? And not ignore the thread/op, but just that user within said thread/op.
Even though Newbie has me on ignore, there has been a topic or two where I like his thoughts. This one being the opposite of that. But being the bigger man I can acknowledge when someone has some decent thoughts. And yes, I know I could just ignore it, but I do like seeing others opinions on things like crypto without them waving around their jazz hands.
Basically, would it be at all possible to ignore Newbie within this thread, but still read others comments on this thread AND still see Newbie's stuff in other threads? Ignoring him would just block everything of his/hers if I understand correctly.
412
Patrick
2020 Aug 15, 1:57pm
Patrick
2020 Aug 15, 1:57pm
WookieMan says
@WookieMan It's kinda hard. I can see the use, but it's kind of an edge case.
Patrick - Don't know if this would be a minor tweak or a big one. Anyway to add ignore to a thread/op instead of a blanket ignore of the user? And not ignore the thread/op, but just that user within said thread/op.
@WookieMan It's kinda hard. I can see the use, but it's kind of an edge case.
413
WookieMan
2020 Aug 15, 2:44pm
WookieMan
2020 Aug 15, 2:44pm
Patrick says
Happens a lot though. I just don't like to bitch, but I'm obviously doing that now. Of recent the Covid threads have been bad. You can measure the weight of a gallon of water, but we have users that say you're wrong about the weight just because. I can live with that because I know some people still believe the earth is flat. Some of those people still have valid thoughts on other topics though that aren't batshit crazy.
Ignore works great for the trolls/bots. But I'm hesitant to use ignore on people that are just misinformed on one specific topic. Not to pick on a user, but some of Rin's OP's I could do without. But he has extremely intelligent things to say about other stuff besides massive tits and dolls. If I blanket ignore I miss the good nuggets.
I'll be honest and know I'm not supposed to, but Newbie is a moron when it comes to crypto. I'm willing to acknowledge that he has valid thoughts on other topics though (not so much on policing and we know about BTC). If I had the ability to ignore those individual posts, I think it would be a positive. I don't code, but would it be too much to add ignore to the original post and just have it disappear from your feed?
WookieMan It's kinda hard. I can see the use, but it's kind of an edge case.
Happens a lot though. I just don't like to bitch, but I'm obviously doing that now. Of recent the Covid threads have been bad. You can measure the weight of a gallon of water, but we have users that say you're wrong about the weight just because. I can live with that because I know some people still believe the earth is flat. Some of those people still have valid thoughts on other topics though that aren't batshit crazy.
Ignore works great for the trolls/bots. But I'm hesitant to use ignore on people that are just misinformed on one specific topic. Not to pick on a user, but some of Rin's OP's I could do without. But he has extremely intelligent things to say about other stuff besides massive tits and dolls. If I blanket ignore I miss the good nuggets.
I'll be honest and know I'm not supposed to, but Newbie is a moron when it comes to crypto. I'm willing to acknowledge that he has valid thoughts on other topics though (not so much on policing and we know about BTC). If I had the ability to ignore those individual posts, I think it would be a positive. I don't code, but would it be too much to add ignore to the original post and just have it disappear from your feed?
414
Onvacation
2020 Aug 15, 6:27pm
Onvacation
2020 Aug 15, 6:27pm
WookieMan says
Where's the fun in that?
Some people's posts barely deserve a scan, much less trying to make sense of their nonsense. We all know who they are.
Anyway to add ignore to a thread/op instead of a blanket ignore of the user? And not ignore the thread/op, but just that user within said thread/op.
Where's the fun in that?
Some people's posts barely deserve a scan, much less trying to make sense of their nonsense. We all know who they are.
416
just_passing_through
2020 Aug 16, 12:14am
just_passing_through
2020 Aug 16, 12:14am
https://news.yahoo.com/us-said-federal-agents-seized-183850482.html
federal agents from various agencies were able to capture all 150 of the crypto accounts and redirect donated funds to bitcoin wallets operated by the US government.
federal agents from various agencies were able to capture all 150 of the crypto accounts and redirect donated funds to bitcoin wallets operated by the US government.
417
MisdemeanorRebel
2020 Aug 16, 12:37am
MisdemeanorRebel
2020 Aug 16, 12:37am
just_adhom_preaching says
That can't be! Crypto will allow the building of Galt's Gulch where everything goes and Silk Road v51.4.3 (the other 50 being shut down by gov) to be legal and the Statists won't be able to stop us! Pot Coin to $10k/USD!
federal agents from various agencies were able to capture all 150 of the crypto accounts and redirect donated funds to bitcoin wallets operated by the US government.
That can't be! Crypto will allow the building of Galt's Gulch where everything goes and Silk Road v51.4.3 (the other 50 being shut down by gov) to be legal and the Statists won't be able to stop us! Pot Coin to $10k/USD!
418
WookieMan
2020 Aug 16, 7:05am
WookieMan
2020 Aug 16, 7:05am
BayArea says
Likely the reason why. Funny part is most people don't know Dave is trolling BTC and making fun of it. Not a huge fan of his, but it's fucking hilarious. BTC guys have ZERO clue they're being made fun of.
www.youtube.com/embed/y5ar6E46Hio
Bitcoin has been cookin lately, wow
Likely the reason why. Funny part is most people don't know Dave is trolling BTC and making fun of it. Not a huge fan of his, but it's fucking hilarious. BTC guys have ZERO clue they're being made fun of.
www.youtube.com/embed/y5ar6E46Hio
419
just_passing_through
2020 Aug 16, 12:46pm
just_passing_through
2020 Aug 16, 12:46pm
LOL! "Spaceships and bitcoin raining down from the moon."
420
WookieMan
2020 Aug 17, 8:27am
WookieMan
2020 Aug 17, 8:27am
just_adhom_preaching says
Someone's gotta quote the video from me so Newbie can see it (on ignore). Dave is the ultimate troll. He dropped $250k for a charity event that had him watching a football game with Roger Goodell because he hates him. He just trolled these guys bigly and I get the feeling they picked up on it but not totally, but hysterical either way. Bitcoin... lol.
LOL! "Spaceships and bitcoin raining down from the moon."
Someone's gotta quote the video from me so Newbie can see it (on ignore). Dave is the ultimate troll. He dropped $250k for a charity event that had him watching a football game with Roger Goodell because he hates him. He just trolled these guys bigly and I get the feeling they picked up on it but not totally, but hysterical either way. Bitcoin... lol.
421
just_passing_through
2020 Aug 17, 9:24am
just_passing_through
2020 Aug 17, 9:24am
WookieMan says
On ignore too.
Someone's gotta quote the video from me so Newbie can see it (on ignore).
On ignore too.
422
RWSGFY
2020 Aug 17, 9:30am
RWSGFY
2020 Aug 17, 9:30am
WookieMan says
BayArea saysBitcoin has been cookin lately, wow
Likely the reason why. Funny part is most people don't know Dave is trolling BTC and making fun of it. Not a huge fan of his, but it's fucking hilarious. BTC guys have ZERO clue they're being made fun of.
www.youtube.com/embed/y5ar6E46Hio
424
WookieMan
2020 Aug 17, 10:43am
WookieMan
2020 Aug 17, 10:43am
Newbie123 says
Yes, because a troll with a $1B company just pumped BTC. Lol. He'll make his money and move on from the sheep. Dislike the guy, but he actually seems honest enough. He absolutely trolled those two queers and you. You just don't know it.
Bitcoin breaking out of multi year resistance.....go baby!
Yes, because a troll with a $1B company just pumped BTC. Lol. He'll make his money and move on from the sheep. Dislike the guy, but he actually seems honest enough. He absolutely trolled those two queers and you. You just don't know it.
425
RWSGFY
2020 Aug 17, 11:08am
RWSGFY
2020 Aug 17, 11:08am
Newbie123 says
Which "bull" run? Most of the bitcoin idiots are still underwater since buying the previous "bull run". 🤣
And, judging by your inability to show a single screenshot of you winning a single penny at that table, you are one of them. Which explains the desperate and childish (and failing) attempts to stoke FOMO in patnet readers.
Eric Holder saysBitcoin is idiotic.
🤣 says the guy who will miss out big time on this crypto bull run.
Which "bull" run? Most of the bitcoin idiots are still underwater since buying the previous "bull run". 🤣
And, judging by your inability to show a single screenshot of you winning a single penny at that table, you are one of them. Which explains the desperate and childish (and failing) attempts to stoke FOMO in patnet readers.
426
rocketjoe79
2020 Aug 17, 11:24am
rocketjoe79
2020 Aug 17, 11:24am
Musk will mine asteroids if it makes money to settle Mars with a million people. He is singularly focused on one goal, which drives all other activities.
In the meantime, he's kinda busy making money with Cars, Space Launches, Boring Company, and Internet in space (Starlink.) So he can get us to Mars.
Bezos has already commented he will be in the space mining market too.
In the meantime, he's kinda busy making money with Cars, Space Launches, Boring Company, and Internet in space (Starlink.) So he can get us to Mars.
Bezos has already commented he will be in the space mining market too.
427
WookieMan
2020 Aug 17, 4:24pm
WookieMan
2020 Aug 17, 4:24pm
Newbie123 says
Lol to the max! Or moon!! lol.
Newbie123 says
Holy shit! A website trading spreadsheets had more traffic? WFT!!!!! What have I been missing. In the news today JC Penny saw 60% more website traffic and 80% less sales. Holy fuck!.
A 100k per bitcoin seems very reasonable within this bull cycle.
Lol to the max! Or moon!! lol.
Newbie123 says
Btw, the exchange Binance (one of the major exchanges) just reported that system traffic far exceeds 2017 (last bubble).
Holy shit! A website trading spreadsheets had more traffic? WFT!!!!! What have I been missing. In the news today JC Penny saw 60% more website traffic and 80% less sales. Holy fuck!.
428
just_passing_through
2020 Aug 18, 9:33am
just_passing_through
2020 Aug 18, 9:33am
Talk about your pump and dump. So much for that bull run.
429
Onvacation
2020 Aug 18, 10:56am
Onvacation
2020 Aug 18, 10:56am
Newbie123 says
Bitcoin is going to the MOON and beyond. It's fiat currency that is going to zero.
will go to zero
Bitcoin is going to the MOON and beyond. It's fiat currency that is going to zero.
430
RWSGFY
2020 Aug 18, 12:14pm
RWSGFY
2020 Aug 18, 12:14pm
Onvacation says
Word!
Newbie123 sayswill go to zero
Bitcoin is going to the MOON and beyond. It's fiat currency that is going to zero.
Word!
431
just_passing_through
2020 Aug 19, 9:35am
just_passing_through
2020 Aug 19, 9:35am
Not just a pump and dump but a pump and dump and dump...
436
WookieMan
2020 Aug 20, 2:04am
WookieMan
2020 Aug 20, 2:04am
Newbie123 says
What you fail to realize is there's the mining of BTC, and then there's the mental mining of actual humans who will buy or sell BTC. The emotion. FOMO. You'll get surges, so like I've always said you can make money trading it from lows to highs. But eventually you'll "mine" all the gullible people that think there's any value to BTC and no one will want it anymore because there's inherently no value to it. It's untrustworthy. And ultimately something better will come along.
Basically there will be no demand for it regardless of the finite supply because it does nothing for you besides having a digital spreadsheet in a safe deposit box.
The only difference over time is: less bitcoin are being mined and more people and institutions buy bitcoin Or offer bitcoin exchanges.
What you fail to realize is there's the mining of BTC, and then there's the mental mining of actual humans who will buy or sell BTC. The emotion. FOMO. You'll get surges, so like I've always said you can make money trading it from lows to highs. But eventually you'll "mine" all the gullible people that think there's any value to BTC and no one will want it anymore because there's inherently no value to it. It's untrustworthy. And ultimately something better will come along.
Basically there will be no demand for it regardless of the finite supply because it does nothing for you besides having a digital spreadsheet in a safe deposit box.
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Hi guys,
I'd like to start a conversation on crypto-currency, particularly Bitcoin.
What do you all think about it from an investment point of view today? I have some buddies in the finance world who are quite bullish on it and claim we are just scratching the surface. Judging by the recent performance, they may be right.
For people who are investing in Bitcoin, what are you using to invest and what recommendations do you have for a new investor?
Also, how are gains taxed compared to typical stock market gains?
I read this week that over 100,000 merchants in the USA are accepting Bitcoin today.
At the same time, digital currency does scare me a bit as it seems so abstract. Curious what PatNet thinks.
Thanks guys!