patrick.net

G36 says

Bitcoin is gold. Well, its gold 2.0/digital gold.....much better than physical gold. (see traits of money char

G36 says

Bitcoin is a store of value and the best thing since sliced bread

both you and the chart have this fact wrong. bitcoin is literally NOT a store of wealth.

i do think its a nice hedge, btw, but at least understand what it is and what it isnt.

Onvacation says

G36 says

Bitcoin is gold. Well, its gold 2.0/digital gold.....much better than physical gold

Try telling that to your wife.

She owns Bitcoin too. Like you. Smart woman!

CBOEtrader says

G36 says

Bitcoin is gold. Well, its gold 2.0/digital gold.....much better than physical gold. (see traits of money char

G36 says

Bitcoin is a store of value and the best thing since sliced bread

both you and the chart have this fact wrong. bitcoin is literally NOT a store of wealth.

i do think its a nice hedge, btw, but at least understand what it is and what it isnt.

Its digital gold. Basically gold, but better.

WookieMan says

G36 says

Awesome, some additions to DF's list

"Nuclear EMP goes off"

"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"

"wake up at 6am and your money is all gone"
REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.

>>> https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast

Cute. .

not cute. True. Please write more BS, dumb-F. I want to add to the list!

G36 says

Its digital gold. Basically gold, but better.

You literally have someone that somewhat agrees with your position and you're still a trolly cunt. You behave like a petulant child that is worried they're about to lose their toy or something. You seem very insecure.

WookieMan says

G36 says

Its digital gold. Basically gold, but better.

You literally have someone that somewhat agrees with your position and you're still a trolly cunt. You behave like a petulant child that is worried they're about to lose their toy or something. You seem very insecure.

nope, you still dont get it. You are DF, remember?
Thats why we spell it out for you a few times>>>>Bitcoin is digital gold. Or Gold 2.0.

Dont worry, we will keep repeating it for you.

I can't believe that someone would pay almost 20 grand for one bitcoin in the hope that someone else will pay more.

That's it. That is the basic strategy of crypto people.

"I cant believe" hahahaa i cant wait for 2021....you are in disbelief now.......just wait!

20 grand loooool
wait until investors buy in at 250 grand.

20 grand is just a (tiny) blip on the chart soon.

https://www.bloomberg.com/news/articles/2020-12-07/microstrategy-to-raise-400-million-to-buy-even-more-bitcoin

Nasdaq listed company is raising 400M to buy MORE Bitcoin. Just one of many, many hedge funds, nasdaq listed companies, billionaires and banks!

G36 says

Nasdaq listed company is raising 400M to buy MORE Bitcoin. Just one of many, many hedge funds, nasdaq listed companies, billionaires and banks!

The assumption they'll buy into a rising BTC price is cute. Just because an entity or person says they're going to buy BTC, doesn't mean they'll do it when it's favorable to you. That's the whole point of what you're missing with an unregulated market. You'll be the last to know and by the time you find out it will be too late. You can't move markets, they'll move you because you don't have the cash. Potentially could be positive, but with no backing physical asset of any kind, it's highly likely the outcome will be negative.

Billionaires and NASDAQ corps are playing with money they can lose. You're not. You're better off throwing $20k on black at the roulette table. You win 10 times in a row with reinvested winnings and you're a millionaire in 20 minutes. But hey bitcoin, lol.

Thanks DF!

two more for the list.

"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.

>>> https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast

G36 says

Nasdaq listed company is raising 400M to buy MORE Bitcoin.

I thought they weren't making any more?

G36 says

Thanks DF!

two more for the list.

"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.

>>> https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast

The funny part is you don't refute any of this. Just make a list and pretend that you one upped someone when you did nothing in reality.

Can't wait for the new username after your last one showed your ass being wrong. You can't hide from being wrong so many times.

Still not buying any of that shit.

WookieMan says

G36 says

Thanks DF!

two more for the list.

"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.

>>> https://www.bloomberg.com/news/articles/2019-12-31/bitcoin-s-9-000-000-rise-this-decade-leaves-the-skeptics-aghast

don't refute any of this

That's the best part. DF really is too dumb to get any of it.

WookieMan says

The funny part is you don't refute any of this.

Lol. Keep adding to a list that you still refuse to argue even one point. Keep up with the ad hom though or just post a useless chart. You responses are indicative of your intelligence on the topic. If you were making bank on crypto you wouldn't be on this forum. You'd be traveling the world. Maybe starting a business. Hell, maybe doing something beside being butt hurt about facts.

WookieMan says

WookieMan says

Keep adding to a list

Of course DF. Just waiting for the next stupid thing you say. Regardless, you earned your name already!

"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.

G36 says

Of course DF

So how long have you been part of the bitcoin scam?

Onvacation says

G36 says

Of course DF

So how long have you been part of the bitcoin scam?

You bought Bitcoin (satoshis) because you believe in it now, right? Why would you call digital gold such a thing?

I figured I could gamble a penny on 11 Satoshis. I will sell them to you for a nickel?

like I said, I'm a nickel slot kind of guy. In the casino I always know who the fool is. But I have got lucky.

I take credit for you finally buying into Bitcoin. It was my education and chart, right?

G36 says

I take credit for you finally buying into Bitcoin. It was my education and chart, right?

Found a penny.

I am stoked you bought Bitcoin - finally. It shows, even the most ignorant can learn. Which exchange did you use to purchase it or was it OTC?

It's like playing the lottery. Your chances of making a fortune are about the same whether you play or not.

Can you even buy bitcoin one satoshi at a time? Where?

Onvacation says

Can you even buy bitcoin one satoshi at a time? Where?

Paypal.

onvacation, Which exchange did you use to buy bitcoin?

Since we have mass adoption now there are several ways of purchasing digital gold. You can buy crypto through apps on your phone (Robinhood, Paypal, coinbase, Kraken, Binance)
Since you collect silver coins, it could be you still only have a landline. In that case you would use a laptop to log in to any of those exchanges.

G36 says

it could be you still only have a landline. In that case you would use a laptop to log in to any of those exchanges.

Are you really that stupid?

Could somebody please flag this comment if they think it is inappropriate.

Any fool buying bitcoin is dependent on a bigger fool to make any profit. I don't have a problem with gambling but if you call it an investment or "Gold 2.0" you are a rube, an idiot, or a conman.

Onvacation says

G36 says

it could be you still only have a landline. In that case you would use a laptop to log in to any of those exchanges.

Are you really that stupid?

Could somebody please flag this comment if they think it is inappropriate.

How would we know if you still have a landline and no phone? You collect silver coins. How would we know. Why is that inappropriate?

Onvacation says

Any fool buying is dependent on a bigger fool

If you buy a stock you depend on other bidders in order to move the price. When you buy silver coins and you hope for an appreciation, you depend on other people buying useless silver coins. Why do you call yourself a fool?

G36 says

If you buy a stock

Is bitcoin like a stock or a currency?

G36 says

Since we have mass adoption now

Lol. Half of Americans are a paycheck away from going BK and have no savings at all. 1/2 the worlds population still lives at 2nd and 3rd world levels. Many have sketchy electric and water supplies. Mass adoption? Lol. Do you think when you type? Never mind, we all know the answer.

This is what happened under your other account. Surprised you haven’t ignored me like last time after calling out your BS.

G36 says

If you buy a stock you depend on other bidders in order to move the price.

While partially true, your statement is mostly false. You invest in companies because they produce something that people want and can use. These companies also have physical assets like real estate that add to that value. They also report revenue, profits, losses and a variety of other metrics so you understand what you've invested in.

Straight yes or no answer. Does BTC check any of those boxes besides people wanting to own it because of FOMO? You know the answer and I don't expect one from you.

Its better than a stock. Bitcoin can be traded 24/7.

Its much better than a traditional fiat currency. Bitcoin is scarce and decentralized.

Its much, much better than Gold. Bitcoin is digital gold. Gold 2.0. Bitcoin is highly divisible and can easily be transacted. Try to ship a gold brick overseas. With Bitcoin, it takes seconds. Also, Gold can be faked. Bitcoin cannot be faked.

Heeey DF,

I havent updated the list yet. Here the refresh:

"Wait, wait, wait. I thought it was 9,000,000%. Is it 17,918.98% or 9,000,000%?"

"Basic index funds have outperformed BTC"
>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.
"an unregulated market"
"roulette"
"Nuclear EMP goes off"
"Would have sold everything at 18k"
"I am good with 9%"
"Bitcoin is not backed by anything"
"artificial scarcity"
"I only care about 6 figure gains"
"wake up at 6am and your money is all gone"
>>>>REALLY? missed the fact that its up by 9,000,000%? Not a surprise, DF.

G36 says

"Basic index funds have outperformed BTC"

Refute this. Just do it. My statement was from Dec 2017 till the price I quoted for BTC yesterday roughly, was that your typical index funds out performed BTC. Just refute it. Should be super easy for you. You won't. You've had dead money for 3 years. Congrats. I made money.

G36 says

When you buy silver coins and you hope for an appreciation, you depend on other people buying useless silver coins.

Aesthetics. I collect coins because I enjoy coin collecting. It's a hobby. Though some of my numismatic collection has appreciated a lot that is not why I bought them. My heirs will probably sell them for less than they are worth to me.

What makes you say silver is worthless?

Onvacation says

What makes you say silver is worthless?

I'd say jealousy? It's a nasty trait, but very easy to pick out when someone has it. There's also the fact that people that get rich quick, like lucky stock investments or lotto winners usually are fucking awful with money and lose it all anyway. So what's the point? They couldn't figure out how to make money without luck and then squander it when they get it. It's a morons game, which I think you know, though the jealous types are oblivious to their own shortcomings. Kind of sad and funny.

WookieMan says

Kind of sad and funny.

or pathetic.

WookieMan says

G36 says

"Basic index funds have outperformed BTC"

your typical index funds out performed BTC.

Heey DF, we are still waiting for your screenshot of your investment to show you outperformed BTC. we will waaaaait a looooong time :)