patrick.net

G36 says

Very bullish for Bitcoin

So many reasons to list however I'm looking for a nice great big dump to buy into, I am about 95% flat crypto atm Looking for some discount ;)

Timber!!! ;)

German bank launches crypto fund covering portfolio of digital assets
https://cointelegraph.com/news/german-bank-launches-crypto-fund-covering-portfolio-of-digital-assets

Wow.....that is Germany's oldest bank.

https://www.financemagnates.com/cryptocurrency/news/germanys-oldest-bank-introduces-cryptocurrency-fund/

"We see that digital assets and cryptocurrencies are becoming increasingly attractive to institutional investors."

We are in the middle of mass adoption. A new era of Finance.

G36 says

Wow.....that is Germany's oldest bank.

Add the largest asset manager Chief Investment Officer Larry Fink is going to collect some satoshs for his big spending clients out of the 7 trillion they manage.
Head of world’s largest asset manager says bitcoin can possibly ‘evolve into a global market’ asset
https://www.marketwatch.com/story/head-of-worlds-largest-asset-manager-says-bitcoin-can-possibly-evolve-into-a-global-market-asset-11606854857

Cash says

Head of world’s largest asset manager says bitcoin can possibly ‘evolve into a global market’ asset

head of world's largest asset manager......Our DF should reach out to the world's largest asset manager and tell him about the Nucler EMP and that "the bottom can fall out any minute". lol f.-ing lol!

Mainstream financial institutions suddenly getting into Bitcoin spooks me.

The whole point of Bitcoin is to be completely independent of their control.

Patrick says

Mainstream financial institutions suddenly getting into Bitcoin spooks me.

The whole point of Bitcoin is to be completely independent of their control.

We dont have to like mainstream financial institutions.... but that doesnt mean we should not allow them to make us wealthy by driving up the price. I cant think of more bullish news for Bitcoin's price. I like to remember there were people that predicted Bitcoin will go to zero :) :)

I think the point of Bitcoin is to be a store of wealth / digital gold.
Since its built on a permissionless blockchain that requires no permission to join and interact with, anyone can participate (banks, criminals, us, hedge funds, nasdaq listed companies, billionaires, even DF)

Discount pricing on the way?
https://cointelegraph.com/news/bitcoin-price-bearish-alert-as-140k-btc-from-mt-gox-may-move-for-the-first-time

Just think if you had a bunch and I mean a bunch of BTC on hold in litigation coming to you and the courts finally opened the floodgates
handing them over. Keep in mind those coins had a value of $400/$550 at the time they were locked down. Taking major profit anyone?

Cash says

Discount pricing on the way?
https://cointelegraph.com/news/bitcoin-price-bearish-alert-as-140k-btc-from-mt-gox-may-move-for-the-first-time

Just think if you had a bunch and I mean a bunch of BTC on hold in litigation coming to you and the courts finally opened the floodgates
handing them over. Keep in mind those coins had a value of $400/$550 at the time they were locked down. Taking major profit anyone?

Lol. You guys have no clue and that's why these threads are hysterical to me. You stomp on people telling you truths and then the truth looks like it may occur. It's an unregulated market and you have ZERO clue where it's going. No one does unless they hold 10-20% of all BTC or are part of a wealthy group holding it.

G36 had no gains for 3 years while pumping it under an old username a couple months back (took a break so as not to be obvious). Now it's "gold 2.0" that doesn't have that great of a track record compared to many stocks over a 3 year period dating back to December 2017. It's flat and if you panicked you lost your ass big time in the valley. Basic index funds have outperformed BTC the last 3 years, and by a lot with almost zero risk.

Hell shitty old gold blew BTC out of the water the last 3 years. I will say Cash is more honest about BTC of the 2 users that supposedly have invested in it on this site with the above link. G36 is holding from 3 years ago and is now starting to get nervous that it's going to plummet again not having made a dime on BTC... errrrr.... gold 2.0... lol. Enjoy the ride.

140k coins will move the market. I said $18k wasn't a bad selling point and got shit on. G36 needs to stop acting like I don't know what I'm talking about and dishing out ad hom and not answering any of the massive flaws with BTC. Good day.

Thanks DF! Keep em coming!

one more to add:

"Basic index funds have outperformed BTC"
>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.

G36 says

>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.

From December 2017? Lol. I've made substantially more over that time period in other investments. Like 6 figures... lol. Keep trying though. Are you trying?.... lol. Hard to tell. You haven't addressed one thing on that list.

Many stocks start in the pennies and gain more than BTC and eventually pay dividends. The last 3 years with BTC has been dead money. Didn't even come close to inflation. Gold 2.0.... lol. If it's better than gold it should have beat it. It didn't and your "wisdom" would have people believe gold sucks (I don't purchase metals) yet it outperformed BTC since December 2017. By a lot.

You can keep digging your ho...... sorry, making a list about all the flaws with BTC. I don't care because I don't gamble. I leave gambling up to morons and just make $$$$.

Heeey DF!

here the BTC performance since 2014. holy crap! Why dont you show us your screenshots outperforming Bitcoin, lol!

WookieMan says

here the BTC performance since 2014. holy crap! Why dont you show us your screenshots outperforming Bitcoin, lol!

G36 says

>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.

Wait, wait, wait. I thought it was 9,000,000%. Is it 17,918.98% or 9,000,000%? You're a walking contradiction dude. You're off by a magnitude of 502 from your "list" that you've addressed nothing like cowards do.

December 2017 till now BTC has been dead money as an "investment" or holding it. You advocate holding it. From December 2017 till today, you were wrong. It's okay to be wrong. I think you might be used to it hence why you've created a list of actual flaws and are too afraid to have a discussion about the flaws. You're scared. That's okay though, mom will get your meatloaf down to you in the basement soon.

Keep cherry picking though. If your screen shot is accurate, you're about to freak out and sell, and you should have taken my advice at 18k. Either way, I've still made more money over the December 2017 period till today than you would have. I don't have to pump on forums to get to sleep at night.

Hey DF, thats expected that you dont get it. Thats why you are called DF.

Remember, you earned your name for a reason.

Bitcoin is up by 17,918.98% (since 2014)

Bitcoin is also up by 9,000,000%
https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast
"Bitcoin’s 9,000,000% Rise This Decade Leaves the Skeptics Aghast"

Bitcoin is also up by over 150% in 2020

I know, that will take a while to process for you, DF. Take your time!
I bet you dont get any of this. Thanks for supplying us with endless examples of why you are DF.

Feel free to provide the screenshot showing how you outperformed BTC. Any day now! lol f.ing lol

Nice DEEP Discounts coming for everyone The mid 17ks could just be a start 16K would be better...
Think Extreme!!! https://invst.ly/t2em9
Along with the DF'rs I will be celebrating just for different reasons... lmhao

I am gonna load up when we get some discounts!

G36 says

Feel free to provide the screenshot showing how you outperformed BTC. Any day now! lol f.ing lol

Lo fucking L. You can just look at charts of the most basic index funds from December 2017 until today and realize your "investment" did nothing. Prove me wrong. Ball is in your court. A retard would understand this. As of this posting $18,185 (USD). You bought high and are probably buying high again. Again, mentally retarded people can figure this out. "Nah, $18k is stupid, it's going to $250k!" lol.

First Mover: Wells Fargo Bitcoin Briefing Could Signal Bull Run Intact
https://www.coindesk.com/first-mover-wells-fargo-bitcoin-bull-run
“Cryptocurrency investing is a bit like living in the early days of the 1850s gold rush,” according to the report from the Wells Fargo Investment Institute. “As we roll into 2021, we’ll be discussing the digital-asset space more – its upside and downside.”

That’s an explicit indication that even more attention is coming the way of cryptocurrencies, not less, as the calendar year rolls over.

Wells Fargo: Bitcoin and Other Cryptocurrencies Are No Fad
https://decrypt.co/50783/wells-fargo-bitcoin-cryptocurrencies-no-fad
The traditional banking firm suggests that crypto naysayers are wrong to call it a fad,
but stops short of recommending investment… for now.

MicroStrategy Plans $400M Raise; Net Proceeds Will Fund More Bitcoin Buys
https://www.coindesk.com/microstrategy-raising-400m-to-buy-more-bitcoin
MicroStrategy said Monday it plans to sell up to $400 million in a convertible senior notes offering that will likely fund yet more bitcoin allocations.

WookieMan says

G36 says

Feel free to provide the screenshot showing how you outperformed BTC. Any day now! lol f.ing lol

Ball is in your court

Heeey DF!
As expected, no screenshot from you. You would not be able to outperform Bitcoin. As I showed, its up by 9,000,000% (last decade) and 17,918.98% (since 2014). Thats why we call you DF.

G36 says

As I showed, its up by 9,000,000% (last decade) and 17,918.98% (since 2014).

WookieMan says

You can just look at charts of the most basic index funds from December 2017 until today and realize your "investment" did nothing.

Try harder. Being wrong isn't a good look. You've got dead money from when you bought during the last peak of BTC. It's okay to be sad about that. You might have to wait another 3 years or never to get to break even.

Heeey DF!
so you no longer claim to have outperformed Bitcoin? Dont disappoint me, DF. I dont want to take it off the list. Lol

Bitcoin will eat gold's market share, according to JPMorgan
https://cointelegraph.com/news/bitcoin-will-eat-gold-s-market-share-according-to-jpmorgan

“The adoption of bitcoin by institutional investors has only begun, while for gold, its adoption by
institutional investors is very advanced. If this medium to longer-term thesis proves right, the price of gold
would suffer from a structural headwind over the coming years.”

Looking beyond JPMorgan’s analysis, there is clear evidence that institutional uptake of Bitcoin is rising. Grayscale,
a digital-asset manager, has recorded record inflows into its Bitcoin and Ethereum (ETH) trusts. Grayscale, Paypal
and Cash App are buying up more BTC than is being mined each day.

nice! Even banks get it now....They cant beat Bitcoin, so they jump on the train!

G36 says

so you no longer claim to have outperformed Bitcoin?

I hate lazy people. Probably the reason they buy snake oil.


Good investment... Nah, you'll just cherry pick data when prices were $10 for BTC versus now. You didn't hold then. You don't hold now.

BTC has literally been one of the worst performing assets the last 3 years. Fine if you traded on the dips, you can do that with any stock though. That's not unique to BTC nor is it investing in gold 2.0, it's trading. Plenty of stock where you could have gotten 100-500% gains in a month.

Thanks DF! One more for the list!

"BTC has literally been one of the worst performing assets"
>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF
"Basic index funds have outperformed BTC"
>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.

G36 says

Thanks DF! One more for the list!

"BTC has literally been one of the worst performing assets"

Any facts to back up the last 3 years? I've posted gold and S&P 500. Both destroyed BTC from Dec. 2017. lol. Your insecurity is showing. Should have sold at $18k (USD).

WookieMan says

G36 says

Thanks DF! One more for the list!

"BTC has literally been one of the worst performing assets"

Both destroyed BTC

Heeey DF!



We are still waiting for a screenshot, DF. Bitcoins performance was over 17,000%.....what do you have to show for? still waiting and waiting.

WookieMan says

I hate lazy people. Probably the reason they buy snake oil.

Already did. lol.

So you provide evidence that you cant even come close to 17,000% increase. Thanks DF! By now you understand why we call you DF, right?

G36 says

So you provide evidence that you cant even come close to 17,000% increase. Thanks DF!

I don't trade. That's a losers game unless you're playing with OPM or leverage. There's probably less than 50 people on the planet that held BTC from the bottom to the top. Those Mt. Gox guys stand to make a lot though, lol. We'll see what that does to the price. You're the guy saying they bought Apple at $0.13 and sold it now. Those people don't really exist. You have a better chance of winning the lottery, though I don't believe you can afford the ticket.

As with a lot of volatile financial instruments, you have to trade it. There's only been 4 points in BTC's history where you could have timed the market and made decent money. Otherwise it's dead money or a loser. Points 1 and 3 outperform most stocks to the peak assuming you've timed it that way. You didn't. Point 2 and 4 are no different than other stocks that pop. So 2 times in the history of BTC you could have made a lot, assuming you sold at the peak, you didn't. The other 2 times would have been awesome, but nothing that's not possible with other stocks or investments.

BTC is purely a FOMO financial instrument. Once it's all mined, it's done. Game over. In the meantime it will bounce from $19k (USD) down to $5k (USD). You'll freak and sell and lose your ass. It's what you do. It's why you post here. You bought at $18-19k (USD) in December 2017 and are looking to pump it in hopes to at least get your dead, non performing money back. It's a noble goal. You'll lose and mistime the market and lose even more. It's what you do. It's why you change usernames because you're afraid. It's sad, but I get it. You've gotten in over your head and don't have a way out. Sucks, but you'll learn eventually, FI.

Heey DF,

"Once it's all mined, it's done."
>>>2140, I dont think DF will still be around ...

"I dont trade"
>>>Who has said anything about trading. If you held Bitcoin since 2014 you would have made over 17,000%. DF

There really hasnt been a single statement, sentence from DF that made any sense whatsoever.

He truly is the DF.

Bitwise’s Crypto Index Fund Becomes Available to US Investors $BITW
https://www.coindesk.com/bitwise-crypto-index-fund-us-investors
After a Form 211 for quotation of the fund’s shares were reviewed by the Financial Industry Regulatory Authority (FINRA),
the Bitwise 10 Crypto Index Fund was enabled to be listed on the over-the-counter markets and trades under the ticker symbol
“BITW,” the company said in a news release. $BITW

Holdings https://www.bitwiseinvestments.com/funds/Bitwise-10

Ray Dalio Calls Bitcoin 'Interesting' Alternative to Gold
https://decrypt.co/50836/ray-dalio-calls-bitcoin-interesting-alternative-to-gold

"I think that bitcoin (and some other digital currencies) have over the last ten years
established themselves as interesting gold-like asset alternatives," he said, "with similarities
and differences to gold and other limited-supply, mobile (unlike real estate) storeholds of wealth."

He continued:

"So it could serve as a diversifier to gold and other such storehold of wealth assets.
The main thing is to have some of these type of assets (with limited supply, that are mobile,
and that are storeholds of wealth), including stocks, in one's portfolio and to diversify among them.
Not enough people do that."

JPMorgan Says Gold Will Suffer for Years Because of Bitcoin
https://www.bloomberg.com/news/articles/2020-12-09/jpmorgan-says-gold-will-suffer-for-years-because-of-bitcoin

Bitcoin will take more and more share from the gold market. It just makes sense. Why wouldnt you want digital gold/gold 2.0 in your portfolio?
Its scarce/decentralized and easy to transact. Banks, hedge funds, Nasdaq listed companies like Paypal and Square got the memo.

Cash says

JPMorgan Says Gold Will Suffer for Years Because of Bitcoin

This makes sense. I don't agree it's logical for the investment shift to BTC from gold, but people can do what they want. But I appreciate non-troll post like this. At least someone is making an attempt to give information and not repeatedly posting the same stuff and not answering questions.