patrick.net

JPMorgan Says Gold Will Suffer for Years Because of Bitcoin
https://www.bloomberg.com/news/articles/2020-12-09/jpmorgan-says-gold-will-suffer-for-years-because-of-bitcoin

Bitcoin will take more and more share from the gold market. It just makes sense. Why wouldnt you want digital gold/gold 2.0 in your portfolio?
Its scarce/decentralized and easy to transact. Banks, hedge funds, Nasdaq listed companies like Paypal and Square got the memo.

Cash says

JPMorgan Says Gold Will Suffer for Years Because of Bitcoin

This makes sense. I don't agree it's logical for the investment shift to BTC from gold, but people can do what they want. But I appreciate non-troll post like this. At least someone is making an attempt to give information and not repeatedly posting the same stuff and not answering questions.

WookieMan says

Cash says

JPMorgan Says Gold Will Suffer for Years Because of Bitcoin

and not answering questions.

Heey DF,

not only are you not answering questions, you also contradict yourself. None of your posts made any sense whatsoever. First I though you are trolling, now I know you are DF.

"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

WookieMan says

Cash says

JPMorgan Says Gold Will Suffer for Years Because of Bitcoin

and not answering questions.

Heey DF,

Why are you responding to a comment that wasn't directed at you? Maybe have some intelligent input if you're going to jump into something that has nothing to do with you.

WookieMan says

G36 says

WookieMan says

Cash says

JPMorgan Says Gold Will Suffer for Years Because of Bitcoin

and not answering questions.

Heey DF,

Why are you responding

You said you outperformed Bitcoin, show it! >17,000% since 2014.....cant wait

G36 says

You said you outperformed Bitcoin, show it! >17,000% since 2014.....cant wait

When in the flying fuck did I say since 2014??

You can't read.... Jesus. You're even bad at trolling. lol. Keep up champ.

you said you outperformed it.

show us!

since 2014 > 17,000% Bitcoin performance
since a decade > 9,000,000% Bitcoin performance
since last year > 150% performance

Thats how easy it is to show you are full o. s.
Hence the name, DF!

G36 says

you said you outperformed it.

Dec. 2017 to today. Keep trying. Never said any of the things you listed. I can do this all day every day. Keep ignoring and playing a cowards game. You would have broken even or had a slight loss or gain for 3 FUCKING YEARS. LOL. DEAD F'ING MONEY.

I've already shown you. You already have seen the post with graphs. As a BTC "investor" you should know this unless you're blind, dumb or retarded. Looks like all 3 at this point. So you shift the dates after you made dumb ass posts and cannot back your thoughts... if that's what you want to call them.

WookieMan says

G36 says

you said you outperformed it.

Dec. 2017 to today.

lol, thats why we call you DF.

profitable days holding Bitcoin .....99.7%....i know, too dumb to understand.....dumbF focuses on the 0.3%.....hence the name....

G36 says

profitable days holding Bitcoin .....99.7%

This must be the 0.3%. Hahahahaha, lol. Jesus you're dense.

G36 says

i know, too dumb to understand.

Or just to walk away.... Im sure that goes way over his head as well...

Cash says

G36 says

i know, too dumb to understand.

Or just to walk away.... Im sure that goes way over his head as well...

Or he can run like a bitch like he did last time and hit ignore. lol. I can do this all day.

Shit, I make more in tax free airline points in a year than G36 has made on BTC from his $500 "investment" lol. During a fucking pandemic when travel has been restricted. Over my head.... lol, get off the ground first little one, don't worry about the head yet.

Cash says

G36 says

i know, too dumb to understand.

Or just to walk away.... Im sure that goes way over his head as well...

yep, he really is too dumb for this chart. Nothing is arriving in DF's head.

This better.

The chart shows the source, DF. Like right underneath the header, DF.

"No x axis".....mhm....what could the x axis be.....mhm.....now thats a tough question.....if you are DF!

https://www.lookintobitcoin.com/charts/bitcoin-profitable-days/

he really is too fuckin dumb

G36 says

The chart shows the source

Lol. You posted the chart and intentionally cropped it. Not me. FI. Learn to screen shot better.

But as usual avoid the point of the additions to the graph. That's not 11 days of negative. lol. I know you can't read, maybe you're just blind? Sorry. I don't like making light of disabled people. Maybe I should stop.

so fuckin dumb. too fuckin dumb for a simple chart. You still dont get what the chart means, right?

G36 says

so fuckin dumb. too fuckin dumb for a simple chart. You still dont get what the chart means, right?

I do. You don't. That's the cute part and why you're likely fucked "investing" in BTC. Glad you're investing based on days. Good strategy ;)

mhm,
A chart that reads "Bitcoin profitable DAYS" hint.....DAYS!
A chart that shows a source to look up
A chart that shows % profitable DAYS holding Bitcoin: 99.5%

The y axis shows the dollar value......mhm....here is a really, really hard question.....what would the x axis show??? the timeline.....you got it!!!
Good job class you all got this one right.....except DF in the back.

G36 says

The y axis shows the dollar value......mhm....here is a really, really hard question.....what would the x axis show??? the timeline.....you got it!!!

Hours, days, months or years? Why crop that axis? I get you got sucked into a scam, but if you can't spell and understand basic 3rd grade graphing, I'm worried about you. Be safe in your "investment."

G36 says

A chart that shows a source to look up

G36 says

Or you could have just posted the full chart like you eventually did above. Was that so hard? We're clearly not going to be friends, but at least be honest. You've proven you can kind of be honest. Maybe we're moving in the right direction. Doubtful, but I'm hopeful.

https://www.bloomberg.com/news/articles/2020-12-09/jpmorgan-says-gold-will-suffer-for-years-because-of-bitcoin

thanks for sharing the link, Cash.

now, wasnt Jamie Dimon telling us years ago anti-Bitcoin stuff?
That changed quickly:

"The rise of cryptocurrencies in mainstream finance is coming at the expense of gold, says JPMorgan Chase & Co.

Money has poured into Bitcoin funds and out of gold since October, a trend that’s only going to continue in the long run as more institutional investors take a position in cryptocurrencies, according to the bank’s quantitative strategists including Nikolaos Panigirtzoglou.

JPMorgan is one of the few Wall Street banks that’s predicting a major shift in gold and crypto markets as digital currencies become increasingly popular as an asset class. The trend poses a problem for bulls in precious metals markets over the coming years if investors move, even a small slice, of their allocations away from gold and into crypto.

“The adoption of bitcoin by institutional investors has only begun, while for gold its adoption by institutional investors is very advanced,” wrote the JPMorgan strategists."

Cash, in case you have heard or listened to this guy....what do you think about the Benjamin Cowen theory of lengthening cycles?

G36 says

theory

Just 1 mans theory and I don't know how to apply it to the current environment which appears to me should be a
acceleration in time frames not a lengthening...

Hey G.
Just thought I would mention the Flare Network/Spark Coin
www.youtube.com/embed/-bMGWE6dJiw
Im all in and the snapshot is in about 10hrs from now my time @ December 12th, 00:00 UTC you can check your time here
if you want http://www.timebie.com/std/utc.php I am likely going to exit XRP and go back to cash due to I am of doubt BTC
is ready to run. It's costing me a small amt thus far for being up to my eyeballs in XRP but do think I will come out way ahead playing the game.
BTC 15800 isn't off the table by no means, especially USD closing up today DX https://invst.ly/t3ndq It's held the line and tgt since election day. https://invst.ly/t0wg-
USD is BTC quote currency. Some DF'rs actually think BTC is pegged to the USD however the fact it is a different price on every exchange in the
world proves that is a fallacy/false.

Once you see and understand digital scarcity, you can’t unsee it.

“Bitcoin has the unique properties for achieving digital hard sound money.”@SimonDixonTwitt— Crypto Corgi (@btc21m) December 10, 2020

It took me 20 years obsessing over investing, economics & money to bring you this video series. The day has arrived to share the best of what I’ve learnt & how I’m preparing for what comes next in the markets. Join me for free & let me know what you think. https://t.co/4O0PkXAFez— Simon Dixon (Beware Impersonators) (@SimonDixonTwitt) December 6, 2020

Crypto Yields - A Simple Breakdown
https://kraken.docsend.com/view/5ppb7gzt9ih7cz6f

Pornhub is now only accepting cryptocurrency for its premium service
https://tech.hindustantimes.com/tech/news/pornhub-is-now-only-accepting-cryptocurrency-for-its-premium-service-71608100015604.html

Now all you premium pervs will need to own some crypto lmhao

Cash says

Now all you premium pervs will need to own some crypto lmhao

hahahahha

Cash says

Now all you premium pervs will need to own some crypto lmhao

So you pay for porn?

Do you buy your women (sorry if I assumed sexual preference) too?

Not that there is anything wrong between consenting adults..

Billionaire hedge funder Alan Howard is backing a little-known fund that's buying bitcoin and ether: report
https://www.theblockcrypto.com/linked/88070/billionaire-alan-howard-fund-bitcoin-ether
Alan Howard, billionaire hedger fund manager, is among the backers of a new institutional-focused investment firm
that's eyeing an as much as $1 billion allocation to bitcoin and ether by early next year.

One River Asset Management CEO Eric Peters set up a new company to capture institutional interest in the two
major cryptocurrencies. $BTC $ETH
According to Peters, “[t]here is going to be a generational allocation to this new asset class."

Bitcoin....best performing asset this last decade......Cant wait for 2021!

BTC $22800 Looks tasty Not sure price is ready for the 24K I mentioned a month or so back when price was $13,800 and all the DF'rs rolled in and tried to take over the thread and a subject they have not a clue about lmhao

Wait, the second line from the bottom, "US Cash" has a positive return somehow. That doesn't seem possible if inflation is anything over 0%.

Maybe it's this: SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (BIL)

So that's not cash, it's T-Bills.

Patrick says

"US Cash" has a positive return somehow

.5% x10yrs. lmhao If you can call that a pos. return

in comparison, i started with 28k on Nov 5th with 1.9BTC.



Checked my private bank just now:


46% in 1-2month....not bad....I think I beat inflation this year....lol