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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
Maga_Chaos_Monkey
2020 Aug 16, 12:14am
Maga_Chaos_Monkey
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
Maga_Chaos_Monkey
2020 Aug 16, 12:46pm
Maga_Chaos_Monkey
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
Maga_Chaos_Monkey
2020 Aug 17, 9:24am
Maga_Chaos_Monkey
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!.
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!
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.
437
Onvacation
2020 Aug 20, 5:49am
Onvacation
2020 Aug 20, 5:49am
WookieMan says
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.and it cost massive amounts of electricity to maintain. Pull the plug and bitcoin is gone.
438
Maga_Chaos_Monkey
2020 Aug 21, 9:34pm
Maga_Chaos_Monkey
2020 Aug 21, 9:34pm
just_adhom_preaching says
and yet more dump lol... Some guy I have on ignore keeps replying to my posts. Something about a new bull run starting? Haaaa..
I can only see it if I glance at patnet while I'm not logged in at work.
Not just a pump and dump but a pump and dump and dump...
and yet more dump lol... Some guy I have on ignore keeps replying to my posts. Something about a new bull run starting? Haaaa..
I can only see it if I glance at patnet while I'm not logged in at work.
440
Cash
2020 Sep 7, 7:19am
just_adhom_preaching says
9200+/- would be a .382 fibs re-tracement concerning this last rise and could go all the way down to "mean" 7275+/- and still not mean a whole lot
in the big picture just opportunity for those in or wanting to be in this market. I know if the price of a speculation/investment isn't closer to $10 instead
of $10,000 its way to rich for their blood to be in the game.
LOLz...
9200+/- would be a .382 fibs re-tracement concerning this last rise and could go all the way down to "mean" 7275+/- and still not mean a whole lot
in the big picture just opportunity for those in or wanting to be in this market. I know if the price of a speculation/investment isn't closer to $10 instead
of $10,000 its way to rich for their blood to be in the game.
441
WookieMan
2020 Sep 7, 7:34am
WookieMan
2020 Sep 7, 7:34am
just_adhom_preaching says
They're not shares. You can buy fractions of a bitcoin, so there's no barrier to entry at all with regards to the dollar(lol) amount an individual bitcon trades at. People can trade it all they want and make a lot of money, but this isn't gold like. I don't know how far in the future, but it will eventually be worthless. I don't believe I've personally said it would go to $0, but at some point it will get back down into the 100's for sure. Basically worthless from where it sits today and you'd be losing a fuck ton of money if you were heavily invested in it.
I know if the price of a speculation/investment isn't closer to $10 instead
of $10,000 its way to rich for their blood to be in the game.
They're not shares. You can buy fractions of a bitcoin, so there's no barrier to entry at all with regards to the dollar(lol) amount an individual bitcon trades at. People can trade it all they want and make a lot of money, but this isn't gold like. I don't know how far in the future, but it will eventually be worthless. I don't believe I've personally said it would go to $0, but at some point it will get back down into the 100's for sure. Basically worthless from where it sits today and you'd be losing a fuck ton of money if you were heavily invested in it.
443
Patrick
2021 Aug 3, 10:23am
Patrick
2021 Aug 3, 10:23am
https://www.eff.org/deeplinks/2021/08/cryptocurrency-surveillance-provision-buried-infrastructure-bill-disaster-digital
The Cryptocurrency Surveillance Provision Buried in the Infrastructure Bill is a Disaster for Digital Privacy
444
Bitcoin
2021 Aug 4, 2:45pm
Bitcoin
2021 Aug 4, 2:45pm
Patrick says
No.....the US hasnt and wont do anything that stifles Crypto innovation. Instead a Bitcoin ETF will be approved at some point. Media is always good for crypto FUD but just look at the past years and the progress......
Grayscale, Tesla, Microstrategies, even insurance companies and a crypto bank!
Today's news are already telling a different story:
https://www.marketwatch.com/story/senators-move-to-exempt-bitcoin-crypto-miners-from-proposed-u-s-tax-rules-11628102530?mod=home-page
“Digital assets are here to stay,” Lummis said in the press released. “While much more work needs to be done, this amendment is a responsible step toward fully incorporating digital assets into the U.S. financial sector.”
The Cryptocurrency Surveillance Provision Buried in the Infrastructure Bill is a Disaster for Digital Privacy
No.....the US hasnt and wont do anything that stifles Crypto innovation. Instead a Bitcoin ETF will be approved at some point. Media is always good for crypto FUD but just look at the past years and the progress......
Grayscale, Tesla, Microstrategies, even insurance companies and a crypto bank!
Today's news are already telling a different story:
https://www.marketwatch.com/story/senators-move-to-exempt-bitcoin-crypto-miners-from-proposed-u-s-tax-rules-11628102530?mod=home-page
“Digital assets are here to stay,” Lummis said in the press released. “While much more work needs to be done, this amendment is a responsible step toward fully incorporating digital assets into the U.S. financial sector.”
445
Maga_Chaos_Monkey
2021 Aug 5, 9:35am
Maga_Chaos_Monkey
2021 Aug 5, 9:35am
@cash you're correct and I apologize. I was tired and thought you edited my name. It was I who did that.
« First « Previous Comments 406 - 445 of 521 Next » Last » Search these comments
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!