patrick.net

History has been made

https://www.reuters.com/article/crypto-currency-etf/canadian-regulator-clears-launch-of-worlds-first-bitcoin-etf-investment-manager-idUSL1N2KI1FX

Canadian regulator clears launch of world's first bitcoin ETF - investment manager

What an excellent time to be alive! Epic Super Cycle for Bitcoin (Digital Gold)

G36 says

What an excellent time to be alive!

Interesting, yes.
Excellent? Really? Lockdowns, mask laws, suspension of the first amendment, election stolen by CCP connected socialists, and you think times are excellent?

G36 says

(Digital Gold)

Ya made $50,000 gambling IF you cash in the chips right now. I could put $30,000 on a blackjack hand and double my money in a couple minutes.

HODL on dude. Maybe some dumb money will come along and finally offer you enough fiat to make you want to sell your "Gold 2.0".

Thats correct @Onvacation.

Even banks are entering the Bitcoin spaceship since they understand its digital gold.

https://www.nbc29.com/2021/02/15/virginia-based-bank-offering-bitcoin-transactions/

Virginia-based bank offering Bitcoin transactions

MAJOR BITCON MILESTONE REACHED

2.5 times of prior all time high = 50k!
First time in History, Digital gold breaks 50k!

Its only 50% off our target of a six figure Bitcoin which is likely on the cards for this cycle.

https://www.wsj.com/articles/bitcoin-trades-above-50-000-for-first-time-11613479752

G36 says

Its only 50% off

It will lose the other half, don't worry.

hahahahahahahahahhahahahahahahaha you wish :) you sooooooooooooooo wish :)

THis is fun! F.ing little Bitcoin haters get slapped left and right - daily.

Thank you Tesla! Thank you Satoshi N.!

So why is one bitcoin worth $50k?

Not expecting a cogent answer.

Or any answers.

Onvacation says

So why is one bitcoin worth $50k?

Its highly undervalued! Its worth at least 300k.

You like to invest in legos and matchox cars but there is no demand by Tesla to put legos on their Balance Sheet. They want Bitcoin. Just like everyone else.

Sry you missed the boat but I could have told you that when you said you still use a landline.

excuse me....you didnt miss the boat....you missed the spaceship :)

G36 says

excuse me....you didnt miss the boat....you missed the spaceship :)

He actually didn't miss the boat... he just has a boat.

You've said yourself you haven't sold. You have unrealized gain on paper. Sell them and you can start to brag, otherwise you sound extremely foolish bragging about an unrealized gain and unrealistic values. You have gained $0 USD at this point in time per your own comments.

Another cold day in IL, Sry Bro

No Bitcoin, shitty weather....life must suck for ya?

Beautiful weather here....taking the doggy for a walk :)

Stay warm and dry, Bro

G36 says

No Bitcoin, shitty weather....life must suck for ya?

Quite the opposite. Two happy and healthy kids. A hot and happy wife. Leaving for Phoenix Tuesday to golf with some buddies for 4 days. I can give you the hotel info and dates if you want for 2 of the nights. Got some new business over the last week on top of an already good winter season. Spring break in FL. USVI almost booked for October. Thinking about Tahoe with the family this summer, but can't trust CA deadbeat politicians to have the state open. So we might do the Carolinas. Huge camping trip with neighbors this summer up in WI.

Working on a surprise trip for my wife in 2022. Costs more than your supposed BTC investment per week to rent and/or charter. In a way, way better place than CA. But hey, enjoy doing the task women usually do, walking the dog. Have to say, my kids do love riding their bikes in the snow too. Honest question given you're from CA, are you gay?

G36 says

They want Bitcoin.

Why? Beside FOMO.

Onvacation says

G36 says

They want Bitcoin.

Why?

Tesla, Paypal, Square.....they all know Bitcoin is digital gold!

WookieMan says

G36 says

No Bitcoin, shitty weather....life must suck for ya?

"Yes"

Sorry, Man, hey, you can always save money and move to CA at some point!
Stay warm and dry Bro...beautiful sunshine here

WookieMan says

Honest question given you're from CA, are you gay?

G36 says

"Yes"

that was wrong

not that there is anything wrong with that

Usually, when the Bitcoin haters have nothing left (and Bitcoin reaches new all time highs) their comments get personal :)

Right? @Onvacation
@WookieMan

sry guys, I know the weather is bad in IL and you missed the spaceship.

G36 says

their comments get personal :)

Nothing personal about selective quoting.

You never did apologize for changing my quote.

G36 says

Usually, when the Bitcoin haters have nothing left (and Bitcoin reaches new all time highs) their comments get personal :)

Mark my comment personal if it is. I simply asked a question based on a state having cities with large populations of gays. No different than asking if the south side of Chicago has a bunch of blacks. It's a question. Didn't know you were so PC.

I'll have to assume at this point though because you haven't answered. As usual.

Agreed, usually when the haters cant take the celebration of Bitcoin's success anymore they get personal.

Sad but on the other hand, without @WookieMan, I would not appreciate living in Socal as much. I'd take the beautiful beaches and daily sunshine for granted.

I cant imagine not having Bitcoin and Bitcoin hitting 50k. And he lives in IL!! poor dude.

We are all here to celebrate 50K Bitcoin! Congrats to all Crypto investors/Hodl'ers!

https://www.chicagotribune.com/business/ct-biz-bitcoin-50k-cryptocurrency-20210216-k3743ddl2nd3reergkm7syc4je-story.html

G36 says

I'd take the beautiful beaches

This is a solid no and sign you haven't traveled if Socal beaches are beautiful. Maybe for surfing. But no, you haven't seen a real beach in your life. Socal is adequate at best. The whole West coast really doesn't have great beaches. Cliffs, crappy sand and water don't make a good beach.

Get out. See other beaches. You'd be surprised how bad it is. Lake Michigan has better beaches than CA. Better sand, better water. Once you get some money, maybe check out some of the beaches in this hemisphere and not just the average CA beaches. I know you're out $20k, so it will be a while since you don't sell and don't have liquid cash. But travel. You'll be surprised how bad CA is having never left it.

And bitcoin is a speculative investment whose sole purpose is for criminals to transfer money and for miners to buy hookers and blow.

Tell me why I am wrong?

Would be surprised if I got a cogent answer

G36 says

Agreed, usually when the haters cant take the celebration of Bitcoin's success anymore they get personal.

Sad but on the other hand, without @WookieMan, I would not appreciate living in Socal as much. I'd take the beautiful beaches and daily sunshine for granted.

I cant imagine not having Bitcoin and Bitcoin hitting 50k. And he lives in IL!! poor dude.

We are all here to celebrate 50K Bitcoin! Congrats to all Crypto investors/Hodl'ers!

https://www.chicagotribune.com/business/ct-biz-bitcoin-50k-cryptocurrency-20210216-k3743ddl2nd3reergkm7syc4je-story.html

Thanks guys! I knew we would get back to the topic of discussing the success of Bitcoin! Such a beautiful milestone! 50K !

Stay warm and dry, Bro.....Its looks cold over there in IL. Beautiful weather here in Socal

G36 says

Its looks cold over there in IL. Beautiful weather here in Socal

Can't handle the cold. Can't answer my previous question. Enjoy walked the dog.... lol. Hopefully that's just brown sand on your..... oh never mind.

G36 says

I cant imagine

That's why I try to be real clear.

WookieMan says

G36 says

Its looks cold over there in IL. Beautiful weather here in Socal

Can't handle the cold.

I know! That's what BSDS is.



So sorry dude, try to stay warm!

I don't care if it's valued in dollars. I expect a dollar collapse, but not to zero. Worst case scenario, it becomes like the peso. I've positioned myself accordingly for currency crisis. Bitcoin is just another piece of the puzzle, and it's really stole the thunder that gold should have had the past 5 years. It's definitely volatile and I don't know if it goes to $5000 or to $200000. Either way, I'm buying $250 a week to smooth out the volatility. At this point, with subsidy kings like Musk and government whores like Jack Dorsey buying in, they'll grease enough politicians to ensure regulation is favorable.

Besides, the US government and federal reserve is too arrogant with their actions to even consider bitcoin or inflation a threat. They aren't going to do anything.

theoakman says

I don't care if it's valued in dollars. I expect a dollar collapse, but not to zero. Worst case scenario, it becomes like the peso. I've positioned myself accordingly for currency crisis. Bitcoin is just another piece of the puzzle, and it's really stole the thunder that gold should have had the past 5 years. It's definitely volatile and I don't know if it goes to $5000 or to $200000. Either way, I'm buying $250 a week to smooth out the volatility. At this point, with subsidy kings like Musk and government whores like Jack Dorsey buying in, they'll grease enough politicians to ensure regulation is favorable.

Besides, the US government and federal reserve is too arrogantly with their actions to even consider bitcoin or inflation a threat. They aren't going to do anything.

Perfect post! Good have said it better!

G36 says

Perfect post! Good have said it better!

Lol....

theoakman says

I'm buying $250 a week to smooth out the volatility. At this point, with subsidy kings like Musk and government whores like Jack Dorsey buying in, they'll grease enough politicians to ensure regulation is favorable.

To what end? Expecting "dumb money" to buy you out someday? As a replacement for central bank currencies?

It will never replace credit cards cash and barter for every day transactions. It has no store of value and does not pay dividends. The only way to get your money out is for someone to pay you for your claim on existing "coins". You put fiat in and you get fiat out. Fiat in pays for the miners expenses. Fiat out comes from people buying your claim. Ultimately you have bits on a flash drive that are valuable in fiat only because people say (by fiat) it is valuable in fiat.

Dollar cost averaging a thousand bucks a month on a speculative asset that depends on a greater fool is a bit too rich for me. Especially when it is so unsustainable.

WookieMan says

G36 says

Perfect post! Good have said it better!

.

"Yes"

Right? This guy gets it

Onvacation says

theoakman says

I'm buying $250 a week to smooth out the volatility. At this point, with subsidy kings like Musk and government whores like Jack Dorsey buying in, they'll grease enough politicians to ensure regulation is favorable.

valuable

Agreed. What theoakman is doing is extremely valuable. He will make some big money during this parabolic run!
Microstrategies just announced they are pouring in many more millions of USD into Bitcoin! Smart money!

theoakman says

I don't care if it's valued in dollars. I expect a dollar collapse, but not to zero. Worst case scenario, it becomes like the peso. I've positioned myself accordingly for currency crisis. Bitcoin is just another piece of the puzzle, and it's really stole the thunder that gold should have had the past 5 years. It's definitely volatile and I don't know if it goes to $5000 or to $200000. Either way, I'm buying $250 a week to smooth out the volatility. At this point, with subsidy kings like Musk and government whores like Jack Dorsey buying in, they'll grease enough politicians to ensure regulation is favorable.

Besides, the US government and federal reserve is too arrogant with their actions to even consider bitcoin or inflation a threat. They aren't going to do anything.

our Bitcoin haters @onvacation and @Wookieman absolutely hate this. hahaha

Onvacation says

theoakman says

I'm buying $250 a week to smooth out the volatility. At this point, with subsidy kings like Musk and government whores like Jack Dorsey buying in, they'll grease enough politicians to ensure regulation is favorable.

To what end? Expecting "dumb money" to buy you out someday? As a replacement for central bank currencies?

It will never replace credit cards cash and barter for every day transactions. It has no store of value and does not pay dividends. The only way to get your money out is for someone to pay you for your claim on existing "coins". You put fiat in and you get fiat out. Fiat in pays for the miners expenses. Fiat out comes from people buying your claim. Ultimately you have bits on a flash drive that are valuable in fiat only because people say (by fiat) it is valuable in fiat.

Dollar cost averaging a thousand bucks a month on a speculative asset that dep...

There's almost no investments right now in the market that aren't highly speculative. We are in an "everything bubble" and it's also highly speculative to hold a bank account in cash at this point. There's no clear winning bet. I have gold/silver and now crypto to hedge currency crisis. I have dividend stocks domestic and abroad as my safe haven still poised for growth. And if nothing bad happens, I have my income and my job and I'm good to go.

I don't think $1000 a month is all that speculative. Its a small portion of my net worth. I'm not going to try to convince you that it is a store of value either. You and I don't get to make that determination, the market does. In 2017, I considered it a highly speculative play. Today, given the situation, I consider is much less speculative despite the higher price.

G36 says

@ onvacation

@G36
Please stop spamming my inbox. Especially if you're not answering any questions about your scam.

theoakman says

In 2017, I considered it a highly speculative play. Today, given the situation, I consider is much less speculative despite the higher price.

Why?
All the incoming money is spent by the miners.