patrick.net

Back to the topic.

Bitcoin has caused many innovations in computing and mathematics. Blockchain is a valuable new tool and the monetary incentive of all the different crypto currencies has created a lot of new technology; data centers cooled in frigid climes powered by geothermal energy for instance.

But it's not digital gold. Crypto as it is it is a rollercoaster of value that you can gamble on or a slow ride to the moon for the HODL'ers. Betting for asymptotes and thinking you will get off before the crash is a fool's game.

I do hear that bitcoin is useful for transferring money to criminals for ransom and stuff.

"But don't act like it has a pointless future when you know nothing about it."
Exactly.

not only does he not know anything about it, he is obsessed with anything crypto. the word/picture Bitcoin alone triggers the shiat out of him..

he gets triggered by Bitcoin and Sunshine...two things he wont ever have access to.



This is a picture of a happy Bitcoin at a beautiful SoCal beach. Currently valued at over 35k :)
a stock of LUV is valued at 48 dollars. LOL

I hope I didn't come off as a dick...I'm just being blunt with how I feel. Crypto isn't for everyone and that's ok...I just happen to think it's only going to explode over time merely because of how it's designed.

its actually a combination of being scared shitless and triggered. BSDS has strong symptoms.

porkchopexpress says

I hope I didn't come off as a dick...I'm just being blunt with how I feel. Crypto isn't for everyone and that's ok...I just happen to think it's only going to explode over time merely because of how it's designed.

nah, you are not a dick. Thats the right language for sissy.

G36 says

he gets triggered by Bitcoin

You've posted 3 unanswered comments that are the exact same as every single one of your spam comments. Do you understand what triggered is?

porkchopexpress says

I understand that you like traditional investments and you've done well there. Stick with what you know and can feel. I totally get it. However, if you think that technology and digital isn't the way of the future, I believe you're sorely mistaken. Does that mean you'll be unhappy if you don't invest in crypto? Of course not. But don't act like it has a pointless future when you know nothing about it.

@porkchopexpress

Are you a trader or a HODL'er?

Would you agree that crypto is extremely speculative?

porkchopexpress says

it's only going to explode over time merely because of how it's designed.

Agreed.

It was designed with phrases like, "bitcoin mine" instead of server farm, "miner" instead of computer technician, "coin" instead of bits, and "wallet" rather than flash drive; phrases designed to make "investors" think they were buying "digital gold".

You never hear people talk about buying things with the "currency of the future". Maybe someday.

It is what it is, bits on a flash drive that you hope to sell for more than you bought it for.

Onvacation says

It was designed with phrases like, "bitcoin mine" instead of server farm, "miner" instead of computer technician, "coin" instead of bits, and "wallet" rather than flash drive; phrases designed to make "investors" think they were buying "digital gold".

Stop with the keywords. Legit. You're right, but it will only draw more spam scum here that searches for it. PorkChop and Cash are real users. Others aren't. We don't need more of the bad kind that cannot even answer a simple question, ever.

Some of these spammers are like termites. Especially in the financial realm. They'll destroy this site by trying to attract like kind scum/spammers. If 5-10 more users of a certain type come here for crypto, it's game over for this site. They're cancer. I've seen it happen and the regulars just bail. I like everyone here, even those I disagree with on this topic. Let's not trash the place.

Onvacation says

porkchopexpress says

I understand that you like traditional investments and you've done well there. Stick with what you know and can feel. I totally get it. However, if you think that technology and digital isn't the way of the future, I believe you're sorely mistaken. Does that mean you'll be unhappy if you don't invest in crypto? Of course not. But don't act like it has a pointless future when you know nothing about it.

@porkchopexpress

Are you a trader or a HODL'er?

Would you agree that crypto is extremely speculative?

I am NOT a trader. Trading is highly speculative in any asset class IMO. I invest in cryptos I believe in such as DOT, ETH, ADA, and XLM because they serve a functional purpose that I see as extremely valuable in the long run. It's like investing in the PC back in 1975 as a technology and thinking it'll go mainstream, without investing in the company who created the PC. Do I know for sure 100% that crypto is the future, no...but I believe it is. Everything is a risk else I'd just stuff cash down my wife's panties.

Having said that, there are a lot of traders and fly-by-nighters who ruin the good name of crypto and what it tries to accomplish. This is why there are a lot of shitty coins out there that just become a pump and dump scheme. The key is "investing" in crypto that truly makes sense and serves a highly valuable purpose. Otherwise, my cash just sits in a savings account earning 0.5% and I don't want to be a landlord.

My time horizon for my crypto investments is literally 10-20 years, or longer. Minimal investments now could be worth multi-millions upon retirement. Or, I hand those coins to my kids. As I've said before, crypto can now earn interest and dividends too.

porkchopexpress says

Having said that, there are a lot of traders and fly-by-nighters who ruin the good name of crypto and what it tries to accomplish.

What is the problem crypto solves?

Bitcoin is much better than gold. "Digital gold or gold 2.0" lets people understand that Bitcoin is a store of value. But really, gold is like a landline compared to the iphone 12 pro (Bitcoin).

We should re-name gold to wannabe Bitcoin and leave Bitcoin's name alone. Bitcoin is even shinier. But the best part is the performance. Gold performs like a landline. Bitcoin is the best performing asset. Nothing comes even close.
OV and Sissy are upset because they never managed to get on the train.

lol

I kind of expected you to post your chart.

Didn't you have another one?

@porkchopexpress

Both WookieMan and onvacation are scared shitless of Bitcoin. Different reasons though.

-One is a silver bug who put his money into old toys and old physical coins (lol). Apparently the seller told him his matchbox car will be worth something someday. The seller probably speculated that "every day a dummy wakes up and hopefully one of them buys my junk". bawahaha.
-And Wookie has BSDS. I think that is pretty clear by now.

I heard that such people exist (who buy old stuff and think it will be worth a lot more in the future) but I never really believed it until OV. We got a live one here!

knowing what we know there is just no way OV will ever let himself do an unbias Bitcoin research. He even tells himself that the last Bitcoin will be mined in 2040. Pretty much everyone who looked into BTC knows the year is 2140. For the longest time he believed 2040 but now he even tells himself its probably 2030. He is too deep down the rabbit hole and wont be able to participate in this crypto/bitcoin revolution. He will always remain on the sidelines pushing his little toy back and forth saying: one day you will make me rich, little car.

G36 says

knowing what we know there is just no way OV will ever let himself do an unbias Bitcoin research

So what is the current market cap of your coins?

G36 says

He will always remain on the sidelines pushing his little toy back and forth saying: one day you will make me rich, little car.

A small part of my net worth! You should see my rare Lego collection.

Onvacation says

porkchopexpress says

Having said that, there are a lot of traders and fly-by-nighters who ruin the good name of crypto and what it tries to accomplish.

What is the problem crypto solves?

How about a platform to conduct financial transactions without a middleman? Lending, borrowing...any sort of contract executed at lightning speed and with little to no brokerage fees.

porkchopexpress says

Onvacation says

porkchopexpress says

Having said that, there are a lot of traders and fly-by-nighters who ruin the good name of crypto and what it tries to accomplish.

What is the problem crypto solves?

How about a platform to conduct financial transactions without a middleman? Lending, borrowing...any sort of contract.

That's blockchain.

What I meant was what problem does crypto-currency solve?

porkchopexpress says

How about a platform to conduct financial transactions without a middleman?

Oh you meant , pay ransom, and buy illicit items. I can see how it would work for that.

Isn't that how Hunter got his high quality crack?

Onvacation says

G36 says

He will always remain on the sidelines pushing his little toy back and forth saying: one day you will make me rich, little car.

A small part of my net worth! You should see my rare Lego collection.

Yes please! could you send a pic and let us know how much that lucky seller got from you for these legos?
Oh and please include what you think these legos will be worth one day.

WookieMan says

Possible, but I don't think there will be a green new deal. Maybe some variation

Maybe something like this?
Sanders, Ocasio-Cortez, Blumenauer aim to require Biden to declare climate emergency

EBGuy says

Maybe something like this?
Sanders, Ocasio-Cortez, Blumenauer aim to require Biden to declare climate emergency

Jeysus!

G36 says

Onvacation says

G36 says

He will always remain on the sidelines pushing his little toy back and forth saying: one day you will make me rich, little car.

A small part of my net worth! You should see my rare Lego collection.

Yes please! could you send a pic and let us know how much that lucky seller got from you for these legos?
Oh and please include what you think these legos will be worth one day.

show them Legos @Onvacation
dont be embarrassed of your investment in legos. Send a pic and tell us how much you bought it for.

While the original was sized to be more collector's piece than plaything, this new-gen option is decidedly on the latter side. Two spring-loaded shooters, a fully accessible interior, smuggling compartment, and six franchise-spanning minifigures ensure hours of play with this 1,353-piece kit.


I thought you would appreciate the MILLENNIAL cruiser.

I also collect subway tokens.

I wouldn't call them investments, just waiting to use them on the subway.

Onvacation says

While the original was sized to be more collector's piece than plaything, this new-gen option is decidedly on the latter side. Two spring-loaded shooters, a fully accessible interior, smuggling compartment, and six franchise-spanning minifigures ensure hours of play with this 1,353-piece kit.


I thought you would appreciate the MILLENNIAL cruiser.

@onvacation
I love this, how much did you pay for it and what do you think it will be worth in 5 years?

And robots. I have a robot collection.

But back to the subject of this thread.

Bitcoin is a scam. Someday everyone will figure out that there is no value stored in crypto.

The HODL'ers will keep on HODL'ing and they will claim that their precious coin is worth 100,000 (in fiat) but no one is selling because, "they're not making any more". Just like the Falcon Millennials love.

22,000,000 X $300,000 = $660,000,000,000 is bitcoin's eventual market cap in 2140 when only HODL'ers hold and they're not (can't) sell(ing).

Onvacation says

Two spring-loaded shooters,

Two spring loaded shooters. TWO!!

I don't actually invest in toys. I have been dollar cost averaging into the stock market for decades and the paper looks good. On paper.

What is really important is living a good balanced life.

So go ahead and play with your E-tokens but realize they are only worth as much fiat as the next greatest fool is willing to pay and you are paying for vast amounts of electricity to keep the spreadsheet updated.

G36 says

Onvacation says

While the original was sized to be more collector's piece than plaything, this new-gen option is decidedly on the latter side. Two spring-loaded shooters, a fully accessible interior, smuggling compartment, and six franchise-spanning minifigures ensure hours of play with this 1,353-piece kit.


I thought you would appreciate the MILLENNIAL cruiser.

@onvacation
I love this, how much did you pay for it and what do you think it will be worth in 5 years?

How much did you pay for it and what do you think it will be in 5 years? Its okay. Just tell us. Stand behind your investment. Dont be embarrassed.

First tell us about crypto market cap and how it is calculated.

That Millennial Falcon is pretty cool. Google it, you can probably get one if you cash in a couple thousand Satoshis.

Crypto on a tear today.

man, you are even too embarrassed to tell us how much you paid for your toys/investments?
Its not like you DCA in :) its okay, I wont press you. I got what i needed.

Yeah, crypto is on freaking fire...Those altcoins I have in my portfolio are absolutely exploding. Many pulled several X since I stopped DCA'ing

DCA stands for dollar cost average. you basically buy portions during accumulation phases and when these coins moon you DCA out of it.

This is going to be the biggest year for crypto in history! Can you tell I am excited :) lets go baby!

G36 says

man, you are even too embarrassed to tell us how much you paid for your toys/investments?

You haven't left Socal your entire life. Pretty sure that's more embarrassing. The parents basement must be treating you well. Where have you EVER traveled? Not just recently? Ever. You have no experiences besides mountain biking on brown and bland terrain in Socal. Just answer a simple question about anything at this point besides doing activities for children.

You ever wonder why the rich buy yachts, travel to Europe, Asia or the Caribbean? Because they can and want to. Even the richest people don't want to be stuck in the same spot. It's awful. Getting out and seeing the world makes you understand that your little corner is shit. There are better places and people out there.

My uncle chooses to summer in Chicago of all places in a $20k a month penthouse condo. Scottsdale is hot in summer, but he ditches an $8M home for Chicago 3 out of 4 weeks all summer each month. He also doesn't touch crypto and has 4 sports cars in his garage that are worth 7x's your screenshot crypto investment.

Until you understand that people make exponentially more than crypto via other methods, you'll just be a troll and spammer. It's not my money, but my uncle ain't on this site or any others for that matter trying to sell shit. There's a reason I know you're broke having known a ton of people that are legit wealthy. It's why I troll you and it's why you get so frustrated. It's funny.

G36 says

I got what i needed

What did you need?

oh boy....another very cold day in IL...

beautiful here in Socal and Ethereum is over 1.7k (it was 700 in December).

Bad day for sissy with her BSDS.





Sis, did you get that umbrella now?