patrick.net

Back to the topic of how Bitcoin is a scam.

Onvacation says

I occasionally play the lotto when it gets stupid big. I buy a quick pic and put it in my wallet, a real wallet not a flash drive. I usually leave it there for a while because I know my chances of winning.

Now if the winning ticket was worth $200,000,000 and 100,000,000 tickets were sold that would make the market cap of the lotto $2,000,000,000,000,000.

Somebody check my math.

Has anyone checked my math?

Can anyone explain how a crypto currency can even have a valid "market cap"?

Patrick says

I also suggest not engaging with the guy. He thrives on the conflict.

I don't believe there's a conflict though. I'll keep engaging unless you ask me not to explicitly. It's your site. I've kept it non-personal 95% of the time. I simply don't want other idiots to get sucked into the scheme. The fallout from this pump, during this time is going to destroy a lot of lives. Including some here. It happened in Dec 2017. It's the same cycle. The same hype. It ends bad for people. Plenty of crypto "investment" is being thrown on credit cards by people that get sold by shit like what is posted here.

I like the site and just don't want to see it go down the rabbit hole of penny/crypto pumping and dumping shit.

Onvacation says

Can anyone explain how a crypto currency can even have a valid "market cap"?

You know as well as I do these guys are here for SEO linking and spamming. G/Newbie123 posts the fucking google search graph for crypto almost daily. They think they're market movers and heck they may even be paid to do so. Given a daily email of what to post. They don't invest in crypto. I like that you fight it and question it though.

If they can't answer 3rd grade math questions, they're obviously spam at this point. They can't even answer if they've been on vacation ;) They haven't. And they're jealous with pretend paper gains. It's sad. I just don't want to see them suck other people into a losers game.

oh boy, Bitcoin is still climbing....the Tesla-buying-Bitcoin news hit hard today! bad day for BTC haters :)

G36 says

oh boy, Bitcoin is still climbing.

Any answers about market cap?

"I got coin in my wallet" the rest of us have cash.

Onvacation says

G36 says

oh boy, Bitcoin is still climbing.

Any answers about market cap?

yeah, Bitcoin is only on place 9. I'd like to see Bitcoin on #1.

Onvacation says

"I got coin in my wallet" the rest of us have cash.

More Bitcoins more wealth

G36 says

More Bitcoins more wealth

Like a store of value?

Why do you suppose Musk dumped a ton of money on a months supply of "mined" bitcoins? It would explain the bump. Do you think he thinks it's a store of value? The currency of the future? A gamble to double his money?

I think Musk is smarter than to HODL. I still do. Maybe he's transferring some wealth to some blackmailers that have video of him smoking pot?

Tesla buying 1.5B worth of Bitcoin is just the best news. Thank you Elon! And thanks to all Tesla shareholders who indirectly pump my Bitcoin

oh boy....another shitty day in IL. looks cold and ugly! Beautiful here in Socal. Sorry Sissy! AND Bitcoin is over 44k!
Double whammy! @WookieMan

G36 says

oh boy....another shitty day in IL.

I enjoy it. You can be afraid of winter or embrace it. Thanks for letting us know where you stand though. I'll keep taking my huge returns in state income taxes that beat crypto. Best performing asset is not living in CA...lo fucking l.

WookieMan says

G36 says

oh boy....another shitty day in IL.

afraid of winter

I am so sorry. Beautiful weather here and Bitcoin over 44k :) Sorry you get hit with double whammy's daily, Sissy.

G36 says

Beautiful weather here and Bitcoin over 44k

Enjoy paying for weather. Free flights versus CA government, income taxes through the roof, overpriced housing, paying pensions for deadbeats, shit on the street, needles etc. I'll take my annual 60% gain as a high income earner living in IL. I also don't live here close to 3 months of the year. I know, you like monotonous lifestyle, brown shrubbery and full of illegals.

I hope someday you stop trying to justify the fact you're invested in nothing. Your state or crypto. You've been burned.

WookieMan says

G36 says

Beautiful weather here and Bitcoin over 44k

Enjoy paying for weather.

I would pay more in a heartbeat! Living in Socal is priceless. For no money would I move to IL after seeing shitty day after shitty day. It clearly shows the negative impact on people like you (@WookieMan). Mentioning sunshine triggers you. Every. time.
Sometimes you have to look at ones misery to appreciate even more the Socal living.

Thanks Sissy!

G36 says

I would pay more in a heartbeat!

Obviously. LOL! Keep enjoying losing 40% out of the gate by living in CA for every $1 you earn. Not sure if you earn any, but either way, point stands. Let's say you're being honest (you're not). I make a higher ROI than you do living in IL. Unless you want to tell us you don't make money? If you don't make money how did you get BTC? Mom and Dad would be my first guess.

Hmmm.... now that I think about it. What field do you work in? Can't believe I haven't asked the most obvious question. My business is in construction. I also deal in real estate and media. What do you do Mr. Crypto thousandaire?

WookieMan says

G36 says

I would pay more in a heartbeat!

Obviously.

Right? Beautiful weather is priceless! Gosh, I would pay double to keep enjoying this beautiful weather in Socal!

G36 says

Right? Beautiful weather is priceless!

Not for mom and dad....

WookieMan says

G36 says

Right? Beautiful weather is priceless!

mom and dad....

They live in Socal too....most of my fam does :) Very happy to have family close!

G36 says

Very happy to have family close!

I know, upstairs. Must be nice. Most people have to own or rent their place of residence and not rely on mom and dad. Good for you milking your folks for money. You should be proud.

WookieMan says

G36 says

Very happy to have family close!

I know. You should be proud.

I am.....SoCal is beautiful and having family in SoCal is beautiful too. We love it here. You can party in the BY basically all year long.

Have you gotten an umbrella yet?

So you do live with mom and dad. Thanks for confirming.

WookieMan says

mom and dad. Thanks.

Yep, they live in Socal too. Not too far away. It's nice to have family close by. They all love it here in Socal.

G36 says

WookieMan says

mom and dad. Thanks.

Yep, they live in Socal too. Not too far away. It's nice to have family close by. They all love it here in Socal.

They live in the same house. Everyone here knows it. You need help. Lying about it won't solve your insufficiencies. Throwing money at fake money won't either. You'll learn.

WookieMan says

G36 says

WookieMan says

mom and dad. Thanks.

Yep, they live in Socal too. Not too far away. It's nice to have family close by. They all love it here in Socal.

Everyone here knows it.

Yep, cousins, mom, dad, aunts, uncles....pretty much everyone lives in Socal :)

G36 says

Yep, cousins, mom, dad, aunts, uncles....

Ahhhh. Got it. You live with Grandma. That clears things up even more. Thanks for the update.

WookieMan says

G36 says

Yep, cousins, mom, dad, aunts, uncles....

Ahhhh. Got it. Thanks for the update.

No problem!
We are blessed to live all in Socal. Not too far from each other. Makes it easy to get together and enjoy parties in the BY. I imagine thats not something you can do in IL. Is it shitty weather pretty much all year round in IL? Stay warm Bro!

WookieMan says

G36 says

Yep, cousins, mom, dad, aunts, uncles....

Grandma.

Totally forgot Grandma!! Lol...Grandpa and Grandma live in SoCal too :)

So you do live in grandma's basement! You didn't even deny it.

WookieMan says

So you do live in Socal

Yep, pretty much all my family lives in Socal.

It would suck if we would have to travel to IL to visit family. Its nice to have them all close by. We all like/enjoy the nice weather here. I cant imagine having shitty weather daily.

So sorry Sissy

G36 says

WookieMan says

So you do live in Socal

Yep, pretty much all my family lives in Socal.

It would suck if we would have to travel to IL to visit family. Its nice to have them all close by. We all like/enjoy the nice weather here. I cant imagine having shitty weather daily.

So sorry Sissy

Abusing the quote feature when losing. That's classy. I guess that's what Socal losers do. Keep losing😂😂😂😂😂

WookieMan says

G36 says

WookieMan says

So you do live in Socal

Yep, pretty much all my family lives in Socal.

It would suck if we would have to travel to IL to visit family. Its nice to have them all close by. We all like/enjoy the nice weather here. I cant imagine having shitty weather daily.

So sorry Sissy

That's classy.

Yep, I am genuinely sorry! I am used to seeing sunshine daily and being outside daily. I feel really sorry.....If it werent for you, I wouldnt think of people who experience shitty weather daily. So, in a way. I am more grateful now! thank you and I am sorry. Stay warm Bro!

G36 says

I am used to seeing sunshine daily and being outside daily.

So am I. Your point is thudding pretty hard at this point. You look dumb. I like my weather. I'm not a pussy that needs brown dirt, shrubs, shit and needles 365. Count me out. I'll take my 60% returns as well by not living there.

Dude, you're literally bragging about a hell hole. I don't dig 3rd world country living conditions.

WookieMan says

G36 says

I am used to seeing sunshine daily and being outside daily.

Dude, you're literally bragging

yep :) I do love it here and not afraid to brag about Socal! Its the place to be. Sorry and stay warm Bro

taking the doggy out! Beautiful outside! Stay warm and we'll talk later!

Back to the topic.

Bitcoin is a speculative investment that consumes huge amounts of resources and DEPENDS on the next investor in order for the previous investor to get their money out.

Onvacation says

Back to the topic.

Bitcoin is a speculative investment that consumes huge amounts of resources and DEPENDS on the next investor in order for the previous investor to get their money out.

How is that different from your investments in Legos and Matchbox car's? You overpaid for these collectables and depend on someone else to pay you the same overpriced amount that you paid?

Ever wondered why Tesla is not buying legos and matchbox cars? Tesla is buying Bitcoin because Elon is smart.

G36 says

How is that different from your investments in Legos and Matchbox car's?

I don't invest in collectibles.