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1985
Cash
2022 Dec 14, 12:07pm
Bd6r says
Due to near total lack of trading experience in trading anything until crypto came along, fomo and account destruction due to crazy amts of leverage many are likely done and gone as dust at the bottom of the heap. As for myself I bought BTC around the time I mentioned it was a buy @13,500+/- right before the pop and sold just under the 60K along with some other token positions I held and in the mean time I am still stacking cash and waiting for the torrents of blood and guts to flow in the streets.
For now there isn't much to see however I will post when the time comes keep in mind BTC nor ETH isn't really on my shopping list but will see.
I wonder where are the bitcoin fans who were dominating this thread a year ago?
Due to near total lack of trading experience in trading anything until crypto came along, fomo and account destruction due to crazy amts of leverage many are likely done and gone as dust at the bottom of the heap. As for myself I bought BTC around the time I mentioned it was a buy @13,500+/- right before the pop and sold just under the 60K along with some other token positions I held and in the mean time I am still stacking cash and waiting for the torrents of blood and guts to flow in the streets.
For now there isn't much to see however I will post when the time comes keep in mind BTC nor ETH isn't really on my shopping list but will see.
1986
clambo
2022 Dec 14, 3:42pm
So the guy who made money posted; where's the guy who bought at $60,000+?
1987
Ceffer
2022 Dec 14, 4:54pm
Ceffer
2022 Dec 14, 4:54pm
Patrick says
Vaxxed and buying Bitcoin at the peak. What could possibly go wrong?
I'm kinda worried about the one who said he got vaxxed. Seriously.
Vaxxed and buying Bitcoin at the peak. What could possibly go wrong?
1988
Onvacation
2022 Dec 14, 5:19pm
Onvacation
2022 Dec 14, 5:19pm
HODL'ers still be waiting for the moon shot.
As the bitcoin scam rolls out there are fewer and fewer "coins mined". In addition there is still a lot of cumulative demand from little "investors" who "dollar cost average" into hundreds of Satoshis every payday The only place these "coins" can come from is miners or sellers; artificial scarcity.
https://techjury.net/blog/how-many-bitcoins-are-there/
As the bitcoin scam rolls out there are fewer and fewer "coins mined". In addition there is still a lot of cumulative demand from little "investors" who "dollar cost average" into hundreds of Satoshis every payday The only place these "coins" can come from is miners or sellers; artificial scarcity.
Bitcoin stats!
-Currently, the total number of Bitcoins in existence has exceeded 18.3 million.
-Approximately 4 million Bitcoins are lost forever.
-The total number of Bitcoins that will ever be produced stands at 21 million.
-Only 13 million Bitcoins are in circulation or stashed away in wallets.
-The last Bitcoin will be mined by 2140.
-The Bitcoin market cap as of Q1 2020 stands at $117.81 billion.
-An average of 350,000 transactions take place on the Bitcoin network daily.
https://techjury.net/blog/how-many-bitcoins-are-there/
1989
Maga_Chaos_Monkey
2022 Dec 15, 7:28am
Maga_Chaos_Monkey
2022 Dec 15, 7:28am
Well, I never dominated but never changed my conviction that one should get some bitcorn. That hasn't changed. I was never a proponent of the alt-coins/shit-coins.
I think it'll drop somewhere in the 5K-12K range and at that point I will probably take a small percentage position again.
I think it'll drop somewhere in the 5K-12K range and at that point I will probably take a small percentage position again.
1990
zzyzzx
2023 Jan 10, 8:34am
zzyzzx
2023 Jan 10, 8:34am
https://finance.yahoo.com/news/coinbase-layoffs-job-cuts-crypto-industry-130330992.html
Coinbase to lay off 20% of workers in latest sign of crypto industry pain
Coinbase to lay off 20% of workers in latest sign of crypto industry pain
1991
1337irr
2023 Jan 10, 9:07am
1337irr
2023 Jan 10, 9:07am
zzyzzx says
Yeah...people are redeeming crypto for fiat.
https://finance.yahoo.com/news/coinbase-layoffs-job-cuts-crypto-industry-130330992.html
Coinbase to lay off 20% of workers in latest sign of crypto industry pain
Yeah...people are redeeming crypto for fiat.
1992
zzyzzx
2023 Jan 18, 9:38am
zzyzzx
2023 Jan 18, 9:38am
https://finance.yahoo.com/news/nouriel-roubini-says-literally-90-of-crypto-is-a-scam-144628433.html
Nouriel Roubini says 'literally 90% of crypto is a scam
Nouriel Roubini says 'literally 90% of crypto is a scam
1993
fdhfoiehfeoi
2023 Jan 24, 9:23am
fdhfoiehfeoi
2023 Jan 24, 9:23am
The dollar dominated SWIFT worldwide financial transfer system has announced that effective 1 February 2023 it will no longer process transactions of less than US$100,000 from bank accounts to crypto exchanges.
1994
Onvacation
2023 Jan 24, 9:47am
Onvacation
2023 Jan 24, 9:47am
zzyzzx says
And the other 10% is used for human and drug trafficking, along with ransoms.
Nouriel Roubini says 'literally 90% of crypto is a scam
And the other 10% is used for human and drug trafficking, along with ransoms.
1995
zzyzzx
2023 Feb 16, 11:22am
zzyzzx
2023 Feb 16, 11:22am
https://finance.yahoo.com/news/celsius-customer-received-67-000-134920222.html
Celsius customer received $67,000 tax bill for funds lost in crypto lender's bankruptcy, report says
Celsius customer received $67,000 tax bill for funds lost in crypto lender's bankruptcy, report says
1996
Misc
2023 Feb 16, 4:01pm
... And some people thought I was kidding when I said a crypto account could go negative.
1997
Onvacation
2023 Jul 4, 3:54pm
Onvacation
2023 Jul 4, 3:54pm
Bitcoin over $30k again.
Anyone have a clue why?
Ransom? Human or drug trafficking? Somebody need to get payed off?
Anyone have a clue why?
Ransom? Human or drug trafficking? Somebody need to get payed off?
1998
Misc
2023 Jul 5, 2:17am
Onvacation says
Blackrock filed to have a Bitcoin ETF based on current pricing.
Bitcoin over $30k again.
Anyone have a clue why?
Ransom? Human or drug trafficking? Somebody need to get payed off?
Blackrock filed to have a Bitcoin ETF based on current pricing.
1999
Onvacation
2023 Jul 5, 6:29am
Onvacation
2023 Jul 5, 6:29am
Misc says
If Blackrock is investing it must be legit.
Blackrock filed to have a Bitcoin ETF based on current pricing.
If Blackrock is investing it must be legit.
2000
Maga_Chaos_Monkey
2023 Jul 5, 9:08am
Maga_Chaos_Monkey
2023 Jul 5, 9:08am
Misc says
Some other big players vying for ETF as well after small ones got rejected over the last several years. Also some banks are finally starting to invest in some of it.
Blackrock filed to have a Bitcoin ETF based on current pricing.
Some other big players vying for ETF as well after small ones got rejected over the last several years. Also some banks are finally starting to invest in some of it.
2001
Onvacation
2023 Jul 5, 9:15am
Onvacation
2023 Jul 5, 9:15am
just_passing_through says
Invest? Or speculate?
Bitcoin has no intrinsic value and is expensive to maintain. The only way to profit from crypto is "mining" or finding a bigger fool to buy your "coins".
Also some banks are finally starting to invest in some of it.
Invest? Or speculate?
Bitcoin has no intrinsic value and is expensive to maintain. The only way to profit from crypto is "mining" or finding a bigger fool to buy your "coins".
2002
Maga_Chaos_Monkey
2023 Jul 5, 1:47pm
Maga_Chaos_Monkey
2023 Jul 5, 1:47pm
Onvacation says
Well, you'd have to ask them but I'd imagine they'd tell you there are investing in a comodity.
Onvacation says
Oh noes! Quick! You better warn them!
Invest? Or speculate?
Well, you'd have to ask them but I'd imagine they'd tell you there are investing in a comodity.
Onvacation says
Bitcoin has no intrinsic value and is expensive to maintain. The only way to profit from crypto is "mining" or finding a bigger fool to buy your "coins".
Oh noes! Quick! You better warn them!
2003
richwicks
2023 Jul 5, 2:10pm
richwicks
2023 Jul 5, 2:10pm
just_passing_through says
Onvacation is correct. Bitcoin doesn't work as a currency. I can send a bar of gold to the other side of the world faster and cheaper than you can transfer to bitcoin from one wallet to another.
Oh noes! Quick! You better warn them!
Onvacation is correct. Bitcoin doesn't work as a currency. I can send a bar of gold to the other side of the world faster and cheaper than you can transfer to bitcoin from one wallet to another.
2004
Maga_Chaos_Monkey
2023 Jul 5, 2:27pm
Maga_Chaos_Monkey
2023 Jul 5, 2:27pm
richwicks says
Who said currency?
richwicks says
What are you smoking today?
Bitcoin doesn't work as a currency.
Who said currency?
richwicks says
I can send a bar of gold to the other side of the world faster and cheaper than you can transfer to bitcoin from one wallet to another.
What are you smoking today?
2005
WookieMan
2023 Jul 5, 2:41pm
WookieMan
2023 Jul 5, 2:41pm
just_passing_through says
Don't know that anyone did, but it's a common claim with bitcoin. It's a "new" currency to replace the old.
just_passing_through says
Indica. Has to be indica.
richwicks says
Bitcoin doesn't work as a currency.
Who said currency?
Don't know that anyone did, but it's a common claim with bitcoin. It's a "new" currency to replace the old.
just_passing_through says
richwicks says
I can send a bar of gold to the other side of the world faster and cheaper than you can transfer to bitcoin from one wallet to another.
What are you smoking today?
Indica. Has to be indica.
2006
richwicks
2023 Jul 5, 3:03pm
richwicks
2023 Jul 5, 3:03pm
just_passing_through says
What is it supposed to be then?
An exhaustive search for breaking SHA256SUM? Because that's what I think it is.
just_passing_through says
richwicks says
What are you smoking today?
Nothing.
People always touting how great BitCoin is, don't know the first fucking thing about other than "it will go up" - well, why?
It's nothing more than a distributed set of databases to confirm a transaction is valid, but the transactions are now so slow, that people buy on exchanges instead, and that completely ends the distributed nature of BitCoin which was it's entire fucking purpose.
Instead of a bank, you know are going to Magic The Gathering websites - Mt. Gox.
DHTs seem awesome until you realize how much meta data a typical machine has to contain to do it, and the REDUNDANCY of it. If the 5G crystal memory becomes a thing, and it costs like $20 for 1000 TB - yeah, it might be workable then.
richwicks says
Bitcoin doesn't work as a currency.
Who said currency?
What is it supposed to be then?
An exhaustive search for breaking SHA256SUM? Because that's what I think it is.
just_passing_through says
richwicks says
I can send a bar of gold to the other side of the world faster and cheaper than you can transfer to bitcoin from one wallet to another.
What are you smoking today?
Nothing.
People always touting how great BitCoin is, don't know the first fucking thing about other than "it will go up" - well, why?
It's nothing more than a distributed set of databases to confirm a transaction is valid, but the transactions are now so slow, that people buy on exchanges instead, and that completely ends the distributed nature of BitCoin which was it's entire fucking purpose.
Instead of a bank, you know are going to Magic The Gathering websites - Mt. Gox.
DHTs seem awesome until you realize how much meta data a typical machine has to contain to do it, and the REDUNDANCY of it. If the 5G crystal memory becomes a thing, and it costs like $20 for 1000 TB - yeah, it might be workable then.
2007
Maga_Chaos_Monkey
2023 Jul 5, 3:35pm
Maga_Chaos_Monkey
2023 Jul 5, 3:35pm
WookieMan says
Nobody that understands it says that. It would just get shut down by the Federal government. It's considered a commodity by the SEC where all of the others (shit coins) are securities. Makes a big difference. I made a new thread yesterday about orange checkmarks and within it is a link to a short video covering some new interesting applications if you're interested.
WookieMan says
Given the following response I'm going to guess thornapple seeds.
Don't know that anyone did, but it's a common claim with bitcoin. It's a "new" currency to replace the old.
Nobody that understands it says that. It would just get shut down by the Federal government. It's considered a commodity by the SEC where all of the others (shit coins) are securities. Makes a big difference. I made a new thread yesterday about orange checkmarks and within it is a link to a short video covering some new interesting applications if you're interested.
WookieMan says
Indica. Has to be indica.
Given the following response I'm going to guess thornapple seeds.
2008
Onvacation
2023 Jul 5, 5:33pm
Onvacation
2023 Jul 5, 5:33pm
just_passing_through says
What do you think the purpose of bitcoin is?
Nobody that understands it says that
What do you think the purpose of bitcoin is?
2009
richwicks
2023 Jul 5, 5:39pm
richwicks
2023 Jul 5, 5:39pm
just_passing_through says
The people that created bitcoin didn't give a FUCK what the SEC said about it.
The point of it was a cryptocurrency OUTSIDE of the authority of ANY government.
I know what it was supposed to be, and what it's become - embrace and extend. The dummies "investing" in this ponzi scheme don't ever spend it, they use it as purely an investment vehicle, when it's unusable as anything else. It's PURELY for investment now, and it depends entirely on speculation.
It's considered a commodity by the SEC
The people that created bitcoin didn't give a FUCK what the SEC said about it.
The point of it was a cryptocurrency OUTSIDE of the authority of ANY government.
I know what it was supposed to be, and what it's become - embrace and extend. The dummies "investing" in this ponzi scheme don't ever spend it, they use it as purely an investment vehicle, when it's unusable as anything else. It's PURELY for investment now, and it depends entirely on speculation.
2010
Maga_Chaos_Monkey
2023 Jul 5, 5:39pm
Maga_Chaos_Monkey
2023 Jul 5, 5:39pm
Onvacation says
Oh a lot of things many of which I've posted way up in this thread. Here's a new one though, you can use it to combat AI threats online:
https://rumble.com/v2xw4pq-michael-saylor-reveals-how-microstrategy-uses-bitcoin-cryptography-to-comba.html
The kitco (gold peepo) host is sexy as hell too!
just_passing_through says
Nobody that understands it says that
What do you think the purpose of bitcoin is?
Oh a lot of things many of which I've posted way up in this thread. Here's a new one though, you can use it to combat AI threats online:
https://rumble.com/v2xw4pq-michael-saylor-reveals-how-microstrategy-uses-bitcoin-cryptography-to-comba.html
The kitco (gold peepo) host is sexy as hell too!
2011
Onvacation
2023 Jul 5, 6:05pm
Onvacation
2023 Jul 5, 6:05pm
just_passing_through says
OK.
What do you think the MOST IMPORTANT purpose of bitcoin is?
Oh a lot of things many of which I've posted way up in this thread. Here's a new one though, you can use it to combat AI threats online:
OK.
What do you think the MOST IMPORTANT purpose of bitcoin is?
2014
Maga_Chaos_Monkey
2023 Jul 5, 8:48pm
Maga_Chaos_Monkey
2023 Jul 5, 8:48pm
Onvacation says
https://letmegooglethat.com/?q=What+do+you+think+the+MOST+IMPORTANT+purpose+of+bitcoin+is%3F
OK.
What do you think the MOST IMPORTANT purpose of bitcoin is?
https://letmegooglethat.com/?q=What+do+you+think+the+MOST+IMPORTANT+purpose+of+bitcoin+is%3F
2016
Onvacation
2023 Jul 6, 5:49am
Onvacation
2023 Jul 6, 5:49am
just_passing_through says
Haven't clicked.
I was asking you to state YOUR opinion.
As you know, I think it's a wasteful Ponzi scheme.
https://letmegooglethat.com/?q=What+do+you+think+the+MOST+IMPORTANT+purpose+of+bitcoin+is%3F
Haven't clicked.
I was asking you to state YOUR opinion.
As you know, I think it's a wasteful Ponzi scheme.
2017
Onvacation
2023 Jul 6, 5:54am
Onvacation
2023 Jul 6, 5:54am
just_passing_through says
I clicked
"The purpose of bitcoin is to provide a digital currency that allows people to make online secure, anonymous transactions"
Is that what you think is the MOST IMPORTANT purpose of bitcoin is? If so you can just wait for the CBDC.
https://letmegooglethat.com/?q=What+do+you+think+the+MOST+IMPORTANT+purpose+of+bitcoin+is%3F
I clicked
"The purpose of bitcoin is to provide a digital currency that allows people to make online secure, anonymous transactions"
Is that what you think is the MOST IMPORTANT purpose of bitcoin is? If so you can just wait for the CBDC.
2018
Maga_Chaos_Monkey
2023 Jul 6, 8:04am
Maga_Chaos_Monkey
2023 Jul 6, 8:04am
Onvacation says
I'm sure you can find whatever you're looking for in there if you look harder. I'm not going to google for you again. Do your own DD.
Is that what you think
I'm sure you can find whatever you're looking for in there if you look harder. I'm not going to google for you again. Do your own DD.
2019
Onvacation
2023 Jul 6, 11:44am
Onvacation
2023 Jul 6, 11:44am
just_passing_through says
I did. Bitcoin is a scam.
I'm sure you can find whatever you're looking for in there if you look harder. I'm not going to google for you again. Do your own DD.
I did. Bitcoin is a scam.
2021
WookieMan
2023 Jul 6, 2:01pm
WookieMan
2023 Jul 6, 2:01pm
Onvacation says
Nah. She's a fucking walking billboard for Benjamin Moore paint. Sorry I don't need clown makeup paint on a woman. She's probably ugly as fuck at 6am..... after her paint is all over her pillow.
Dudes that fall for that shit are doomed for failure unless it's just to get laid. It's the definition of a con artists to a T. She's looking for a sugar daddy.
just_passing_through says
The kitco (gold peepo) host is sexy as hell too!
Michelle Makori
Nah. She's a fucking walking billboard for Benjamin Moore paint. Sorry I don't need clown makeup paint on a woman. She's probably ugly as fuck at 6am..... after her paint is all over her pillow.
Dudes that fall for that shit are doomed for failure unless it's just to get laid. It's the definition of a con artists to a T. She's looking for a sugar daddy.
2024
Maga_Chaos_Monkey
2023 Jul 6, 3:15pm
Maga_Chaos_Monkey
2023 Jul 6, 3:15pm
WookieMan says
Sez the guy with the sugar momma... (you know you set yourself up for that!)
She's looking for a sugar daddy.
Sez the guy with the sugar momma... (you know you set yourself up for that!)
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