patrick.net

People ignore him because he is full of shit.



wookie doesnt own a single bitcoin but posts his crap on bitcoin threads since years. That alone is pathetic. The self proclaimed big shot talks about "playing with bigger numbers". Of course we wont ever see a screenshot but he tells us he owns 100 shares of southwest. (LUV) ....thats less than 5k. 5 fucking k.

wahhabahahahahahah, he also said, he only cares about six figure gains!

Good luck DF! maybe in a few decades you will have doubled your tiny investments. Wookie is the laughing stock.....

like clockwork

And more hedge funds are buying Bitcoin. For every hater on this site there is one hedge funds that pours in millions and millions of dollars into Bitcoin :) Nice

https://decrypt.co/52381/scaramuccis-hedge-fund-buys-25-million-of-bitcoin-cites-michael-saylor-as-influence

"Anthony Scaramucci's hedge fund has bought $25 million in Bitcoin. Scaramucci said that the recent push of institutional investment into Bitcoin influenced his decision."

I forgot.... not just hedge funds, but also insurance companies, banks, Nasdaq listed companies are investing millions into digital gold. Maybe even Tesla!

https://www.financemagnates.com/cryptocurrency/news/jpmorgan-predicts-600-billion-bitcoin-demand/

"JPMorgan Predicts $600 Billion Bitcoin Demand
The Bank said that even 1% of asset allocation by large financial companies would result in $0.6 trillion BTC demand."

"He added that BTC is expected to take advantage of massive outflows from Gold ETFs. “The bitcoin flow outlook for the medium to longer-term looks positive as we anticipate that the contrasting institutional flow picture over the previous two months with inflows into the Grayscale Bitcoin Trust and outflows from Gold ETFs would become a structural trend."

BEAUTIFUL MUSIC TO MY EARS! Merry Christmas!

dumb money has still not even entered the market. we are still early :)

https://companiesmarketcap.com/banks/largest-banks-by-market-cap/

We dont need traditional banks anymore. Bitcoin is leading the bank chart (market capitalization). Bitcoin is your own private bank.

G36 says

We dont need traditional banks anymore.

Exactly... FDIC insured accounts are so out of style for all but 1% of the population. Just dump them and get into BTC. Never look back. No risk of loss at all. Probably the best strategy I've heard on Patnet. Super logical.

I can see it tomorrow. The millionaires and billionaires close all their insured bank accounts tomorrow and dump it all into BTC just because. It's going to be amazing.

The big news here is the market cap of BTC is above the market caps of banks. BTC is a private bank but that doesnt mean we get rid of traditional banks tomorrow. It means, BTC as a store of value, serves you better in holding your funds in BTC versus leaving FIAT sitting in the bank.
BTW., the BTC on your hardware wallet doesnt need FDIC insurance....nobody can seize it.

Dec 25th and Bitcoin hits 25k!
There were actually people who said it would go to zero! And some said it would go to 8k by year end.
All I can say is Ho, Ho, Ho and Merry HODLmas!

G36 says

nobody can seize it.

Oh really?

https://www.crypto-news-flash.com/united-states-seizes-1-billion-from-4th-largest-bitcoin-btc-address/

PeopleUnited says

G36 says

nobody can seize it.

Oh really?

https://www.crypto-news-flash.com/united-states-seizes-1-billion-from-4th-largest-bitcoin-btc-address/

I'd not enter this thread dude. You're dealing with someone that doesn't know what they doing or what they're buying and are having dumb luck right now (good for him). Everyone gets it once in a while. You'll get some response about a hardware wallet in a safe, with the keys in a safe deposit box in LA and an encrypted email with the key sent to your brother in Dallas.

I'll never get these crypto people. The tout it as the only thing going. I don't know, start a business. Innovate. Create something. You can make substantially more money that way than gambling, even if you do win. Oh well, they'll never get it. Crypto pumping... until the whales decide where the price goes and these pumpers are left holding the bag.

PeopleUnited says

G36 says

nobody can seize it.

Oh really?

Yep, If you have your crypto on a hardware wallet/cold storage, you are in control of your private keys. Nobody can freeze, seize or access the wallet without physically possess the wallet AND the private keys. If you get raided, make sure the wallets are hidden well or private keys are at a different location.

Hey wookie,
are you still sticking to your price prediction of 8k for Bitcoin by year end? lol



Bitcoin hit 25k yesterday (Dec 25th). Pretty cool eh?

I am up by over 70% in less than 2 month!!!!!

G36 says

I am up by over 70% in less than 2 month!!!!!

Good for you. Seriously. Not the way I make money, but whatever. I'll make your account total over 2 months and your gain in a month, so I'm happy for you, but not overly impressed. Hence the 6 figure comment.

The bottom will fall out like it did December 2017 after the xmas family sell/pump like we're seeing now. It will make its way to $8k at some point, but I was wrong with year end. You got me. Thankfully I'm extremely secure in my position in life and don't have to worry about something I cannot control like spreadsheets. I've always said I wish you luck, but you always get so defensive. What you've made in two months is what we make in a month. With minimal work and it's usually just wine and dine work, although much less now with Covid. But the money keeps flowing.

I'll convert you at some point. I'm in the Christmas spirit and am trying to be less combative. You can make much more money doing other things. You'll learn eventually. Hopefully not the hard way.

WookieMan says

G36 says

I am up by over 70% in less than 2 month!!!!!

Good for you. Seriously. Not the way I make money, but whatever. I'll make your account total over 2 months and your gain in a month, so I'm happy for you, but not overly impressed. Hence the 6 figure comment.

The bottom will fall out like it did December 2017 after the xmas family sell/pump like we're seeing now. It will make its way to $8k at some point, but I was wrong with year end. You got me. Thankfully I'm extremely secure in my position in life and don't have to worry about something I cannot control like spreadsheets. I've always said I wish you luck, but you always get so defensive. What you've made in two months is what we make in a month. With minimal work and it's usually just wine and dine work, although much less now with Covid. But the money keeps flowing.

I'll convert you at some point. I'm in the ...

What do you do to make 70% on your investment in a month...month over month?

Wookie, Lets just say I am not impressed with your 100 shares of LUV either (5k value). ;)

"The bottom will fall out"
"It will make its way to $8k at some point, but I was wrong with year end"

You sound like the doom and gloomers that tell us every year the sky is falling.
"The crash is coming this year."
>>No crash this year.
"The crash is coming next year."
>>>No crash
"The following year it will crash!"

You are the typical internet troll that has to tell everyone multiple times how well you are off and then buys 100 shares of LUV. At the same time you keep posting on Bitcoin threads but dont own a single satoshi :) You sound jealous and very insecure. Why else would you HAVE to tell us some many times how well you are doing? I've never met a rich guy who HAS to tell you that multiple times.

G36 says

You sound jealous and very insecure. Why else would you HAVE to tell us some many times how well you are doing?

Aren't you doing the EXACT SAME THING RIGHT NOW?

I don't have to rain on someone's parade and I back up my investment with screenshots.

Wookie does only one thing. Trolling and contradicting himself. Check out his comments:

"The bottom will fall out"
"It will make its way to $8k at some point, but I was wrong with year end"
"I like to play the bigger numbers" "I bought 100 shares of LUV"
"I dont trade. Its a losers game"
"I'd actually consider trading BTC"
"Fuck no on holding though"
"I dont care about the price of BTC"
"8k by year end"
"its going to land in the 1000-2500 range"
"no x axis"......DF is too dumb to open up the source thats listed on the chart. I guess he really is too fuckin dumb to get that the x axis is the timeline.
"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.

GlocknLoad says

What do you do to make 70% on your investment in a month...month over month?

I've made money off investments, but I've never claimed to make 70% month over month. I make money off of my business as income and assets. The screenshots we see are fake, but assume they're real. A 2 month gain of $20-30k is what I actually make in a month. And no, that's not rich. It's a big fat nothing burger. My business is mostly passive income, so it's no different then fucking around in Crypto, except I have assets and value behind it if shit hits the fan.

I'd guess most everyone here has had a 2 month percentage gain on a stock like we've seen with BTC the last two months. None of that matters if you don't realize the gain. He hasn't. Start playing with house money and invest and diversify in other things. G talks about nothing else because there is nothing else and there was no purchase of BTC. I won't dox myself any more on this site as I specifically don't trust people like him. And I'm not stupid. No one has to believe me, it won't keep me awake at night. I'm just sick of dangerous "investment" advice.

It's trading and it's one of the riskiest and most volatile platforms out there. To spout off like it's some sure thing is dangerous. It's why Onvacation always mentions the greater fool. It's true. If he's not lying and wants to prove it (I'm not asking for this) post a picture of a bank account with the URL in it at the top. Date and time included. Or a bank statement with private info redacted. This won't happen because people can verify letter heads and statement layout, fonts, etc. That's why the screen shots we get are these grainy, small screen shots that contain just a number and symbol. It's stupid.

Also factor in history here. He was wrong for 3 years and just now is getting above all time highs from then. Even today from Dec. 2017 it's a hysterically low gain over that time period. That's 3 years of dead cash while others were making money in one of the best stock market periods of all time. One of the best business environments. His cash just sat there making nothing for 3 years. I think anyone would be frustrated as he said he holds and doesn't sell. He has an investment dogma and it has failed compared to other things he could have done with the cash, so he is super defensive. Gets rid of an old username and creates a new one when the narrative doesn't make him look like an ass.

G36 says

I don't have to rain on someone's parade and I back up my investment with screenshots.

WookieMan says

Good for you. Seriously. Not the way I make money, but whatever.

WookieMan says

are having dumb luck right now (good for him)

I've posted stuff like this multiple times. He gets negative and defensive every time, so I get dragged in the dumpster because I'm not some pushover pussy.

WookieMan says

I won't dox myself any more on this site as I specifically don't trust people like him. And I'm not stupid.

You'll never get a screenshot from me. Not even a fake one. I have too much to risk by being doxxed here. You wouldn't understand.

WookieMan says

A 2 month gain of $20-30k is what I actually make in a month. And no, that's not rich.

I'm pretty sure that puts you in the 1%.

WookieMan says

Even today from Dec. 2017 it's a hysterically low gain over that time period.

For arguments sake, I can't imagine that's true. A 6 fold increase in 6 years is historically low?

WineHorror1 says

WookieMan says

A 2 month gain of $20-30k is what I actually make in a month. And no, that's not rich.

I'm pretty sure that puts you in the 1%.

Not really. $250-320k is pretty normal upper middle class. The 1% is a very statistically bad metric to compare anything to. There are people that are insanely wealthy that probably draw $50k of income a year, sometimes nothing if they've amassed huge wealth. My old boss could spend like a mother fucker, but only would show income of $80k between his wife and him. Between savings and using business as a spending vehicle, you can show very little income. It's why Trump never wanted to show his taxes. The regular W-2 employee doesn't understand it.

I figured the demographic here that's doing the programming/coding/tech stuff is pulling in $120-180k as an individual though? And at least $200-250k as a family if married. Otherwise, why are some living in CA? I don't know. Most people I hang out with are pulling in $200k/yr as a family. I mean I know a couple that are Chicago cops ~37 years old, salary is public record and they're pulling in about $190k. That's for a cop family.

WineHorror1 says

WookieMan says

Even today from Dec. 2017 it's a hysterically low gain over that time period.

For arguments sake, I can't imagine that's true. A 6 fold increase in 6 years is historically low?

Compare Dec. 2017 BTC prices to todays price. I'm talking a 3 year period as G likes to say BTC has gain 9,000,000% based on the beginning value when a few dudes held and were concocting this BTC scheme. So from Dec. 2017 to today for BTC, there are plenty of other assets that beat BTC. He thinks I'm a gold bug and I'm not. I'm not invested in any metals unless it's somehow in my retirement funds I set and forget. As an investment, not trading, that you hold and get ZERO dividends, it was dead money for 3 years. There's no disputing that.

If you're one of the couple hundred people that knows you have bitcoin from the beginning, it's highly unlikely you hold it or even know where it is anymore or have sold it and are insanely rich. The vast majority, almost everyone is holding BTC once it became fashionable in 2017. If they traded, sure the last 3 years had tons of potential gains. G is pushing holding it long term. That's bad advice, now that it's no longer $100. That's been my point, but some don't get it.

26.5K on Dec 26th.....:)

Are we continuing this pattern? Dec 27>27k???, 31k by year end???

WookieMan says

I'll never get these crypto people.

I understand the appeal of having some form of money that cannot be inflated by the Fed or seized if someone sues you.

But also, it gives ordinary people who have no power a kind of hope of escaping a system which otherwise has them thoroughly trapped. It has aspects of religion in that way. A kind of hope for salvation.

Patrick says

I understand the appeal of having some form of money that cannot be inflated by the Fed or seized if someone sues you.

and the fact that I am up by over 70% now since beginning of November. Pretty sweet. Planning on holding Bitcoin until end of next year.

WookieMan says

WineHorror1 says

WookieMan says

A 2 month gain of $20-30k is what I actually make in a month. And no, that's not rich.

I'm pretty sure that puts you in the 1%.

Not really. $250-320k is pretty normal upper middle class. The 1% is a very statistically bad metric to compare anything to. There are people that are insanely wealthy that probably draw $50k of income a year, sometimes nothing if they've amassed huge wealth. My old boss could spend like a mother fucker, but only would show income of $80k between his wife and him. Between savings and using business as a spending vehicle, you can show very little income. It's why Trump never wanted to show his taxes. The regular W-2 employee doesn't understand it.

I figured the demographic here that's doing the programming/coding/tech stuff is pulling in $...

Can you show me "plenty" of investments that have done better than bitcoin over the last 3 years?

GlocknLoad says

Can you show me "plenty" of investments that have done better than bitcoin over the last 3 years?

Lottery, crap tables, slot machines, etc.

GlocknLoad says

Can you show me "plenty" of investments that have done better than bitcoin over the last 3 years?

Lottery, crap tables, slot machines, etc.

GlocknLoad,
obviously they cant show you even one asset that performed better than Bitcoin. Speaking of great performance....its Dec 27th and Bitcoin broke through 27k!!!





Currently I am up over 80% in less than 2 months!!

WookieMan says

Not really. $250-320k is pretty normal upper middle class.

If I understand correctly, you said that number was just from your investments. If you are making 20-30k off your investments, that puts you firmly in the 1%.

wookie is full of BS. I lost the last little respect for him. There are tons of hilarious comments/contradictions.... I dont take anything he says seriously anymore.

GlocknLoad says

WookieMan says

Not really. $250-320k is pretty normal upper middle class.

If I understand correctly, you said that number was just from your investments. If you are making 20-30k off your investments, that puts you firmly in the 1%.

I guess we're not on the same page as to what the "1%" is. What do you think it is?

G36 says

I play with bigger numbers. You cannot prove that wrong. LUV is probably a safe bet. You cannot prove that wrong because you got your head up cryptos ass. I grabbed 100 shares when Covid hit as it was an uncertain time and didn't want to add more to my position. Why didn't you buy BTC in March? It was $5k. Your 2 month gains look pretty tame.

You don't know what else I hold with LUV. That was just one purchase. I bought early on NCL, you've never asked how much that was. I'm still up though. You keep pointing these things out like you're right. You haven't pointed out one thing wrong with what I've said besides pointing arrows at things. It's cute you take the time to do that, but cannot post anything intelligent about it.

G36 says

I lost the last little respect for him.

Fun fact. No one seeks out respect from people they don't respect from the start. Especially when they change accounts and usernames. Cowards game.

Sry DF, the only engagement from my end is to continue to make fun of you.

"The bottom will fall out"
"It will make its way to $8k at some point, but I was wrong with year end"
"I like to play the bigger numbers" "I bought 100 shares of LUV"
"I dont trade. Its a losers game"
"I'd actually consider trading BTC"
"Fuck no on holding though"
"I dont care about the price of BTC"
"8k by year end"
"its going to land in the 1000-2500 range"
"no x axis"......DF is too dumb to open up the source thats listed on the chart. I guess he really is too fuckin dumb to get that the x axis is the timeline.
"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.

https://companiesmarketcap.com/assets-by-market-cap/



By year end we should have passed Berkshire Hathaway!

This has to be shared and watched! Bitcoin is brilliant!

www.youtube.com/embed/HhOuvNDMlI0

"Bitcoin is big enough to be unstoppable but the majority of people dont understand it. We are at the inflection point where people start to get it. Once people get Bitcoin, it becomes unaffordable to buy. Therefore, I like the fact that people dont agree with me, dont understand it and are afraid of it."

Michael Saylor

G36 says

This has to be shared and watched! Bitcoin is brilliant!

www.youtube.com/embed/HhOuvNDMlI0

@Onvacation

this would be a great learning experience for you. I highly recommend the video.

Wow, almost at 28k!!!!!