patrick.net

Cash says

31500? especially with the USD being so weak and finally broke down past support level and likely heading lower https://invst.ly/tarpz
If USD cant find it's mojo I would suspect a nice 2k rally over the weekend if not sooner;)

Love it!

soooo close! we almost got you Warren

LOL Bitcoins market cap is now bigger than Berkshire Hathaway!

clear breakout....retail has entered the stage once again! 2021 will be moon time!

$34,000

Its very healthy for Bitcoin that it didnt keep on going up in a straight line. It needs to build support levels and go through accumulation phases.
What one need to keep in mind is, institutions cant just buy Bitcoin at a blink of an eye. A lot of boxes have to be checked and a process has to be completed for institutions to put 100s of millions of USD in Bitcoin on their balance sheet. Its unlikely they have any interest in selling their Bitcoin.

Rather, they hold for the long term. Smart.

Maybe that's why we call them smart money.

I do the same BTW.

G36 says

Rather, they hold for the long term. Smart.

Tell me what calculation you use to arrive at fair value for Bitcoin.

Patrick says

G36 says

Rather, they hold for the long term. Smart.

Tell me what calculation you use to arrive at fair value for Bitcoin.

https://www.lookintobitcoin.com/charts/stock-to-flow-model/

So far (10 years), Bitcoin has followed the stock-to-flow model like clockwork.

Wow, smart guy!

"US Lawmaker Likes Bitcoin — Urges Policymakers to Embrace Innovation in Regulation"

https://news.bitcoin.com/us-lawmaker-likes-bitcoin-policymakers-innovation-regulation/

U.S. Representative Patrick McHenry is pro-bitcoin. He is now hosting the Bitcoin whitepaper on his official congressional website and has called on other lawmakers to embrace innovation like Bitcoin. He believes that the cryptocurrency is unstoppable and governments cannot kill it.

A growing number of U.S. lawmakers have recently spoken in support of Bitcoin. Among them is Congressman Patrick McHenry from the state of North Carolina. On Friday, he talked on CNBC’s Squawk Box about how to approach regulation after last week’s market swings. “You can’t put technology back in the box. Innovation is here. We have to embrace. We have to broaden access to our markets, we have to broaden access to our financial products,” he said.

44K Bitcoin = NEW all time high :)

G36 says

44K Bitcoin = NEW all time high :)

Smoken good deal!!! Especially in the face of the shit mutts... lmao

i just bought recently (November) for ~15k : ) :)

BTC portfolio went from 28k to over 80k in just a few months :) And now Tesla is buying Bitcoin.....FUCK YA!

Cash says

G36 says

44K Bitcoin = NEW all time high :)

shit mutts... lmao

I love this. "Shit mutts"
fucking funny :D

Notice ADA ;) #4 by cap I also double dipped some Doge coin on Binance they shut me down so I had to
put it in cold storage BC vault where I could exchange 1/2 or so for some ETH I still hold 40k and will send some more to ETH and keep some house coins...

DOGE Just hit 10 place lmao with a 10bill+. mc

G36 says

i just bought recently (November) for ~15k

What day in November?

The top dog shitty mutt keeps puking his BS opinions then crypto makes him and the other shit mutts
eat their own and each others shit. ;)

G36 says

BTC portfolio went from 28k to over 80k in just a few months

The funny part is paper gains of $72k in the midst of a bubble over 3 months is a big deal for you. You do know people do that all the time, right? And they actually realize the gain.

Get me the date you bought BTC. 11/1/2020 till today it was $118k profit for me. Gotta love accounting software. This stuff is just 2 clicks away. Mind you we get paid seasonally, so July through January roughly we do better. Congrats though on the $72k on paper. I prefer actual cash.

WookieMan says

G36 says

BTC portfolio went from 28k to over 80k in just a few months

$72k

great math sissy!

BTC gains are incredible.... In just a few months!

your portfolio of 100 shares (LUV) cant do that :) I figured, this must be a really, really bad day for your BSDS......Tesla buying $1.5B Bitcoin probably made you take the double dose on your pills.

https://www.bloomberg.com/news/articles/2021-02-08/tesla-bets-1-5-billion-on-bitcoin-in-new-policy-crypto-surges

G36 says

great math sissy!

You didn't get the joke 😂😂😂😂😂😂. Figured. Keep up. I'm not going to give away.

WookieMan says

G36 says

great math sissy!

joke.

Yep, its fascinating what BSDS does to you. Fascinating to watch. I wonder what else we are going to see. If 80-28 becomes a challenge, what else can happen? The quadruple whammy must have hit like a nuclear bomb today (Tesla buying bitcoin, Tesla accepting Bitcoin, Bitcoin at over 42k and 12 degrees in IL).

You don't get it and it gives me great joy. lol. It's subtle but hysterical. Keep trying though.

sry Bud, this must be a tough day....quadruple whammy made you even slip on easy math....80-28....sorry, it will be a joke for a while...
just because i am fascinated by what BSDS does to you.

G36 says

quadruple whammy made you even slip on easy math....80-28....sorry

Lol. You're wrong. You'll figure it out. Maybe.

WookieMan says

G36 says

quadruple whammy made you even slip on easy math....80-28....sorry

Maybe.

Well, 80-28 isnt 72....there is no maybe here ....thats BSDS....I tell you...strong AF.

What month were you born? Maybe throw that into the equation. Or maybe look at something else. Use your head. It's obvious and it's over your head. I'll keep laughing though. Thanks.

@WookieMan

Well, 80-28 isnt 72....there is no maybe here ....thats BSDS....I tell you...strong AF.

G36 says

Well, 80-28 isnt 72

Think. I know that's difficult for crypto bugs. Just think though. You've got the problem out of order is the only other hint I'll give you before you give up. Keep trying.

WookieMan says

G36 says

Well, 80-28 isnt 72

Think.

Not too much thinking involved here....80-28 isnt 72 :) jeez that BSDS hit you hard today.....

G36 says

80-28 isnt 72 :)

;) You'll learn. Try and move numbers around instead of making personal comments. It was done intentionally based on previous comments. Thought you were better.

The shit mutt is tryng to save everybody lmfao
Have you ever heard such a line of BULL SHIT for an excuse for trolling?

Yep. I agree.....
total BS....I am pretty sure everything about him/her is BS.
He/she cant even do simple math anymore at this point. Sissy's falling apart quickly.

WookieMan says

G36 says

80-28 isnt 72 :)

Try and move numbers around

So, in this case, i think she failed basic math.....I was pretty sure she is not a successful person in life, but now I think she might be a long term unemployed person.

I went all in BTC +/-45k I will switch hit to ETH when the time comes.

G36 says

failed basic math

You did. It's not 80-28. Joke is over your head. Hence why no one should take investment advice from you.

WookieMan says

G36 says

failed basic math

80-28

its still not 72....no matter how hard you try. Math cant be changed by spamming.

G36 says

its still not 72....no matter how hard you try. Math cant be changed by spamming.

I still can't believe you don't get the joke on you. You'll "figure" it out. Last hint for real. If you don't get it at this point, I'd advise everyone to avoid anything this guy says. Simple math seems to be a struggle, so investment advice on spreadsheets might be something to avoid.

WookieMan says

G36 says

its still not 72....no matter how hard you try. Math cant be changed by spamming.

I still can't believe

I know. Its hard to understand the symptoms of BSDS. But also fascinating. It made sissy slip on easiest math. 80-28 isnt 72. Everyone knows that. But if you have BSDS all bets are off. The Tesla/Bitcoin news pushed her over the edge.

https://markets.businessinsider.com/currencies/news/elon-musk-tesla-6-crypto-experts-15-bln-investment-bitcoin-2021-2-1030056077

Its a tipping point. A new trend has started.

"This moment will likely be looked upon in years to come as a genuine tipping point; Elon and Tesla's support legitimizes crypto and opens up bitcoin to a whole new class of retail and institutional investors. Now it seems all of Wall Street is in bed with this industry - if they weren't paying attention before, they are now."