patrick.net

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.

Or lotto tickets.

Onvacation says

G36 says

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

I don't invest in collectibles.

You paid 10K for a toy car and you bought legos and think someone else will pay you the same overpriced price on it.

I dont expect someone who paid 10K for a matchbox car to buy Bitcoin. I would expect that person to also buy legos. But you depend on the next greater fool to pay you what you paid....good luck my friend!

G36 says

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

Ouch, don't talk about your grandma that way. Not very nice. She might kick you out.

@onvacation, do you remember the guy who sold you the matchbox car?

It sounds like a talented sales person :)

WookieMan says

G36 says

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

very nice.

My doggy and I love our daily walks! beautiful out there! T-shirt weather! beautiful views....not even clouds but a pleasant wind.

Sorry bud....stay warm!

G36 says

T-shirt weather!

Same here, wearing a t-shirt now. Don't need to overpay 60%. Not a pussy. Maybe mom can bring a blanket down for you, or some meatloaf.

Love owning a home that cost me 1/10th of what a house out in CA cost. I can invest in my business and make massive gains instead of paying for mom's income taxes and fake currency. Pretty fulfilling living on your own. You'll learn.

WookieMan says

G36 says

T-shirt weather!

a house out in CA cost.

agreed. A nice house here costs as much as 10 houses in IL. But who wants to be in cold, shitty weather all the time?
I would have paid more to have a nice house in Socal. Think about it....if it were cheaper here people like you could move here....no thanks :)

also...if sissy could afford to move here to Socal....I would not be able to make fun of her in regards to the shitty IL weather. I rather have Sissy stay put :)

G36 says

Think about it....if it were cheaper here people like you could move here.

Sorry, don't need mom and dad to wipe my ass. You do. Enjoy. You'll learn.

WookieMan says

G36 says

Think about it....if it were cheaper here people like you could move here.

Enjoy.

Thanks! Love every day here in Socal....going mountain biking later this afternoon :) stay warm bro!

Onvacation says

You paid 10K for a toy car and you bought legos and think someone else will pay you the same overpriced price on it.

Somebody did, not me.

But you say you spent almost $30k for some bits on a flash drive going to the moon.

Reminds me of this story about this guy named Jack. He bought these beans...

G36 says

overpriced price

At what price will crypto be overpriced?

G36 says

depend on the next greater fool to pay you what you paid.

Ponzi game by definition!

Get it yet?

Not expecting a cogent answer.

How did the seller convince you to pay 10grand for this toy? Gosh, i might be able to find one in the garage. Do you want another one for 10k?

More importantly, how are you planning on finding the next greater fool to buy this toy from you for the same price??

And how much did you pay for the Lego toy? also 10grand? its nice....dont get me wrong....but 10grand for legos???

Ya know, fools and their money.

Onvacation says

Ya know, fools and their money.

Convinced he's foreign at this point. Crap grammar and english. Jokes and puns fly way over his head. Thinks sissy is an insult to a grown man. Can't describe BTC or crypto. Lives in Socal and hasn't even been to Vegas or Phoenix or anywhere within driving range.

It's spam. He's not invested in crypto and doesn't know what it even is. You can tell the morons with the selective quoting. He might take the cake on that. Even cash has stopped coming to his defense. Or anyone for that matter. They know it's shit too.

Many people don't understand bitcoin.

I started this thread to stop the misinformation.

Even G admits that one day he will sell to a greater fool, "dumb money".

If you don't know who the fool is, it might be you.

G36 says

How did the seller convince you to pay 10grand for this toy? Gosh, i might be able to find one in the garage. Do you want another one for 10k?

More importantly, how are you planning on finding the next greater fool to buy this toy from you for the same price??

No answers? @Onvacation. sometimes I think you are embarrassed. Don't be. I wont make fun of you. Just share. Even WookieMan shared his portfolio (100 shares of LUV) and you know mine....Bitcoin and a ton of other top 15 marketcap coins.

G36 says

I wont make fun of you. Just share. Even WookieMan shared his portfolio (100 shares of LUV) and you know mine....Bitcoin and a ton of other top 15 marketcap coins.

Did I tell you about my collection of subway tokens?

Sometimes I wonder why I accumulate so much crap.

G36 says

Even WookieMan shared his portfolio (100 shares of LUV)

The selective quoting thing though. Takes comments out of context and removes pertinent info. That was acquired to add to a position in my Vegas/funny money account. I have shares of about 7-10 individual stocks at any one time. All with money I'm willing to lose. Side hobby, something to do when I'm bored and have time. Usually don't look at it for months at a time unless I get a good tip or have a feeling something is gonna move. My real accounts between the wife and I have done very well. Should be retired by 48-50.

The beauty is I can go to sleep and not wake up to a financial scam that has lost 40-50%. BTC is an obvious scam and it's why no one can answer for it. Anyone can search the web and research it all they want. Any video just talks in circles and says blockchain. Blah.... blah..... blah blah blockchain.

Had a buddy build a mining rig, discovered on his own it's a scam. Fortunately just like with BTC, idiots will buy mining equipment thinking they'll get rich quick. So my buddy got out unscathed besides wasted time and a small loss. I told him it was and after he learned was at least man enough to admit it.

I personally won't touch it, but I've had exposure to it. Seen people burned. This rally is going to end very poorly. People are "investing" in this with credit card cash advances and margin. No one has cash to fuel what is happening. The uber rich are pumping to then quickly sell and burn all the people that invest $2k on a credit card.

I forget which user here has been posting about the increase in margin over the last couple months, but a good percentage is going into crypto. Maybe 10-20%. As Biden fucks this economy and there's a recession, many assets will get called to cover the loans or bill. BTC will take a bath as borrowers aren't going to want blue chip stocks sold to cover their crypto gamble.

G36 says

G36 says

How did the seller convince you to pay 10grand for this toy? Gosh, i might be able to find one in the garage. Do you want another one for 10k?

More importantly, how are you planning on finding the next greater fool to buy this toy from you for the same price??

No answers? @Onvacation. sometimes I think you are embarrassed. Don't be. I wont make fun of you. Just share. Even WookieMan shared his portfolio (100 shares of LUV) and you know mine....Bitcoin and a ton of other top 15 marketcap coins.

No answers Onvacation? dont be embarrassed. How are you trying to find the next greater fool to sell your highly overpriced matchbox car?

G36 says

highly overpriced matchbox car?

Highly overpriced? You could by one for only a fraction of a bitcoin!

Of course you would have to sell your bitcoin for cash to buy it.

Have you ever bought anything with bitcoin?

Onvacation says

G36 says

highly overpriced matchbox car?

Highly overpriced? You could by one for only a fraction of a bitcoin!

you said this little toy cost you 10k and you are planning on selling it for several 100's of K. In my mind that must be the greatest fool alive that pays you more than 10k for it.
My question is, how are you planning on finding this greatest fool alive?

My god. Not sure this can get funnier.... I'm about to lose it.

WookieMan says

My god. Not sure this can get funnier.... I'm about to lose it.

ssshhhh.....dont discourage him. I think we are about to get an answer from him. He gets embarrassed quickly so lets keep it professional.

@onvacation, dont mind wookieman, just work on your response. take your time. we'll wait.

G36 says

@onvacation, dont mind wookieman, just work on your response. take your time. we'll wait.

You've responded to nothing in any of these threads. You're a spammer. Where did you last travel?

G36 says

Onvacation says

G36 says

highly overpriced matchbox car?

Highly overpriced? You could by one for only a fraction of a bitcoin!

you said this little toy cost you 10k and you are planning on selling it for several 100's of K. In my mind that must be the greatest fool alive that pays you more than 10k for it.
My question is, how are you planning on finding this greatest fool alive?

Take your time @onvacation. I am going to enjoy the sunrise with my doggy. walking the hills and enjoying the views. man, its shitty weather in IL....is this like a year round thing? sry Wookieman

G36 says

I am going to enjoy the sunrise with my doggy. walking the hills and enjoying the views. man, its shitty weather in IL....is this like a year round thing?

I'm just enjoying that someone looks up my weather every day. lol. I don't have to check it, you do that for me. And I love my weather. So does my dog. I already did all that stuff 4 hours ago, got some work done and am probably gonna chill for the day.

If you want to prove your prowess and not do stupid bets. I'm about to book a flight. I'll give you the details. We can meet up if you want. It will be in cold weather, Montana, but they have better ski resorts than CA. Either way though you should have no problem getting on the same flight with all the gains you've gotten. I'll post the details later this afternoon if I pull the trigger.

Or if you want, you can hop on my flight to FL for spring break. You want the info? That one is already booked. Maybe let's see if the tough talk is what it is. Maybe see what a real beach looks like.

WookieMan says

G36 says

I am going to enjoy the sunrise with my doggy. walking the hills and enjoying the views. man, its shitty weather in IL....is this like a year round thing?

enjoying that.

For sure! Love it and the doggy loves it too. Stay warm in IL!

So no answer? I'll give you the travel info. Anyone on this site can send someone to kill me or fuck with me. I don't give a flip. The offer is out there. Ultimately I know you can't get to Chicago or Bozeman. Or Pensacola. It's a good feeling knowing I'm right.