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Bitcoin at 31k - Congratulations and Happy NY to all BTC Holders!


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2021 Jan 2, 6:02am   14,591 views  278 comments

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I made 2x in 2 month! We are in ultra bullish conditions. Institutions are pouring in millions and millions of USD into Bitcoin and no end in sight.



https://news.bitcoin.com/here-are-the-top-public-companies-that-have-adopted-bitcoin-as-a-reserve-asset/


Beginning of November 2020


Jan 2nd, 2021

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161   Cash   2021 Jan 19, 9:11am  

Old dudes and there senile views Hahahaha
162   Bitcoin   2021 Jan 19, 9:42am  

Cash says
Old dudes and there senile views Hahahaha


Yep, you can lead a horse to the water but cant force it to drink....

Ethereum will be massive this year. Especially since institutional money is flowing in heavily.

https://www.newsbtc.com/news/ethereum/institutional-money-is-flowing-into-ethereum-at-a-shocking-rate-new-data-shows/

“Institutional investors are buying ETH. The cat is officially out of the bag. From the latest @GrayscaleInvest report: Ethereum Trust saw $110M in Q1 inflows. This is more than all of its previous inflows combined for the past 2 years ($95.8M),” he explained.
163   Cash   2021 Jan 19, 9:56am  

You know the mutts are senile they just keep repeating the same shit fud over and over like they have for the last 9 YEARS here on Patnet lmao
At the same time crypto makes them keep eating their own shit over and over just like the mutts they are lmao
164   Cash   2021 Jan 19, 10:42am  

Like these dummies here
Is Bitcoin the Model-T of Money? https://www.zerohedge.com/news/2021-01-19/bitcoin-model-t-money
These guys are gold pumpers and don't realize BTC isn't a day to day transaction use, it's a store of value
these guys just hate the idea of XAU money going to BTC. I know a guy who sold a big chunk of gold for ETH
and while gold does it's usual nothing he will 2x his money short order then invest more BTC.... If the mutts
on Patnet can't comprehend cypto is way charitable as much or more then FX, stocks and markets in general then you
should really listen to them lol
165   Bitcoin   2021 Jan 22, 1:07pm  

Blackrock has entered the Bitcoin investment space

https://www.foxbusiness.com/markets/blackrock-to-add-bitcoin-as-eligible-investment-to-two-funds

"BlackRock Inc is adding bitcoin futures as an eligible investment to two funds, a company filing showed, in a move to bring the world of cryptocurrency to its clients."
"Chief Executive Officer Larry Fink had said at the Council of Foreign Relations in December that bitcoin is seeing big giant moves every day and could possibly evolve into a global market."
166   Bitcoin   2021 Jan 22, 4:36pm  

BTW, this is the worlds largest asset manager....Very, very bullish for crypto and Bitcoin

"BlackRock has joined the bitcoin business - the world's largest asset manager"

https://markets.businessinsider.com/currencies/news/blackrock-adds-bitcoin-futures-investing-opportunity-two-funds-cryptocurrency-2021-1-1029989282
167   Bitcoin   2021 Jan 23, 11:01am  

A Bitcoin ETF might be coming soon

https://cointelegraph.com/news/the-race-is-on-yet-again-for-crypto-etfs-as-valkyrie-files-registration

"Multiple institutions are yet again lining up to offer crypto ETFs, but will the SEC overcome its historical reticence?"

"Options for traders include a Swiss Bitcoin ETP, a bevvy of Grayscale products that may be expanding to include Chainlink in the coming months, and an Ethereum ETF in Canada that proved so popular trading had to be halted in its debut."
168   Bitcoin   2021 Jan 25, 8:29am  

A clear trend @Gold Bugs

169   B.A.C.A.H.   2021 Jan 25, 11:25am  

WookieMan says
G36 says
Exactly. Their Fomo is so strong that they cant keep their emotions in check. They cant help themselves but troll Bitcoin threads because they cant get over the fact that they missed out. (after posting trash for years on BTC threads)

You haven't even been here 6 months. WTF are you talking about? If you troll other people, expect a response. Or just admit past usernames. Not a big deal. Go ahead and quote my "trash" from years ago even though you've been here 6 months. I'll wait.


Dude, chill out and quit wasting your time.

He/She's FanBoy/FanGirl.

S/he missed Collum's point. Probably did not watch the video. Collum's skepticism is that the crypto currencies could be outlawed.

So many fancy-pants think they outsmarted The System with money games. Like, hoarding gold in the runup to what happened in 1934. Or, like Jewish Industrialists investing in Hitler's rebuild of Germany. Etc.

The coercive power of the state will trump all (no pun intended). Why do you suppose the Swiss Banks have turned over their depositors' info to the sovereign governments of Germany and the US in recent years?

Don't waste your time with the FanBoy/FanGirl. All the points were already made.
170   Bitcoin   2021 Jan 25, 11:33am  

B.A.C.A.H. says
Collum's skepticism is that the crypto currencies could be outlawed


@B.A.C.A.H.
We heard that for 10 years.

Ever wonder why only gold bugs make those comments? ROFL

But the opposite is happening. We have our first crypto bank in the US.
https://fortune.com/2021/01/13/cryptocurrency-bitcoin-visa-anchorage-federal-bank-charter/

"A startup called Anchorage announced on Wednesday that it has become the first cryptocurrency company to receive a federal charter from the Office of the Comptroller of the Currency."
171   Cash   2021 Jan 25, 11:38am  

Collum dont know shit about how hard it would be to outlaw BITCOIN, he is like the other old fucks that can't bridge such a critical
thinking gap. Not going to happen the gov has already figured that out, they have been beaten like a red headed stepchild and are
joining the club. Which that is what you do if you are WISE not continue spewing your loser ideas here lmfao...
172   Bitcoin   2021 Jan 25, 11:42am  

Its hysterical....the only thing left for the gold bugs is.....praying that Bitcoin will be banned by all countries. ROFL

The US is doing the exact opposite. Regulate it and accept it as another asset class.

Why else would you create a federal chartered crypto bank and work on getting a crypto ETF approved?
poor gold bugs....
173   B.A.C.A.H.   2021 Jan 25, 11:49am  

Cash says
Collum dont know shit
G36 says
Its hysterical....the only thing left for the gold bugs is.....praying that Bitcoin will be banned by all countries. ROFL


See what I mean, Wookie?

S/he's just trying to press your button. For fun and entertainment.
174   Bitcoin   2021 Jan 25, 11:51am  

@B.A.C.A.H.

do you see any signs that the US is trying to "outlaw" Bitcoin? I didnt think so.....So you are disagreeing with Collum as well.

Did you miss the news?
We have our first crypto bank in the US.
https://fortune.com/2021/01/13/cryptocurrency-bitcoin-visa-anchorage-federal-bank-charter/
175   WookieMan   2021 Jan 25, 12:22pm  

B.A.C.A.H. says
S/he's just trying to press your button. For fun and entertainment.

I haven't commented on this thread in almost 2 weeks now. It's a circle jerk. I've moved on.

I do know what is going on though. The funny part is they think I'm a gold bug. Intelligence is clearly lacking from some of the users in this post. I generally tend to not quit or give up, but I'm close. Not much more help can be given. lol.
176   porkchopXpress   2021 Jan 25, 12:32pm  

Just don't pay attention to or feed the troll.
177   Bitcoin   2021 Jan 25, 12:40pm  

@Trolls, I would appreciate if you troll somewhere else. This thread is meant for Bitcoin and Crypto news. We are in ultra bullish times.

https://news.bitcoin.com/mad-money-jim-cramer-731m-powerball-jackpot-winner-bitcoin/

Even Jim Cramer likes Bitcoin now and advises to put 5% in it. Smart guy!
178   Cash   2021 Jan 25, 12:57pm  

Listen to the trolls telling each other not to pay attention to the creator of this post why they step in their own troll shit while trolling you G
These old fucks are so fucking funny...
179   Cash   2021 Jan 25, 12:59pm  

This is how out of touch they are OV put a pic up with the insinuation you could only buy a roll of toilet paper with 1 BTC
in 2020 talk about a shit wolf being so out of touch with reality.
180   Bitcoin   2021 Jan 25, 1:01pm  

I am starting to think that they are jealous and would love to buy Bitcoin but maybe some dont have a smart phone and others are overwhelmed when it comes to moving Bitcoin to a hardware wallet. "be your own bank" isnt something they really get.....they are used to standing in line to pick up their bi-weekly checks from the local bank for decades.
181   Cash   2021 Jan 25, 1:02pm  

porkchopexpress says
Just don't pay attention to or feed the troll.

So are you talking about the real shit bird trolls or G36? Just seeing where you stand lol
182   Cash   2021 Jan 25, 1:07pm  

BTW I am like 95% flat all crypto ATM I'll be sure to let you know when I get back in probably going to hit ETH real hard, quick and 2x my $$$ easy. All I have in this market now
is a stack of ADA I am staking with almost 300% gains.
183   Bitcoin   2021 Jan 29, 7:52pm  

Looks like Elon is buying Bitcoin

184   Robert Sproul   2021 Jan 29, 9:26pm  

Even Dalio changed his mind and is now apparently thinkin' about it:
The cryptocurrency is “one hell of an invention.” "... I and my colleagues at Bridgewater are intently focusing on alternative storehold of wealth assets, and Bitcoin won't escape our scrutiny."
185   Bitcoin   2021 Jan 30, 4:31pm  

Yep, Bitcoin is another asset class in your portfolio. I would think it will take a huge percentage of physicals gold market share. Simply because it has so many advantages over physical gold. Its like comparing a landline to an Iphone 10. (physical gold is the landline).
187   Bitcoin   2021 Feb 1, 11:32am  

Elon:

SAN FRANCISCO (Reuters) - Billionaire Elon Musk said on Monday bitcoin was "on the verge" of being more widely accepted among investors as he expressed his support for the cryptocurrency in a chat on social media app Clubhouse that drew thousands of listeners.

The comments followed his use of the "#bitcoin" tag on his Twitter profile on Friday
188   Bitcoin   2021 Feb 2, 12:01pm  

ETHEREUM IS BREAKING OUT! Over 1,500 now....it needs to run up and test 1.5k as support....as long as BTC plays along ETH will do well.
189   porkchopXpress   2021 Feb 2, 12:08pm  

I'm debating whether to commit my ETH to staking in hopes of ETH 2.0 coming out. Thoughts?
190   Bitcoin   2021 Feb 2, 12:16pm  

I think you have to have 32ETH in order to stake. Whats the expected ROI on ETH staking?
191   porkchopXpress   2021 Feb 2, 5:51pm  

5-17% lol wide range

On Kraken you don't need that much
192   Bitcoin   2021 Feb 2, 8:21pm  

can you stop staking ETH at anytime on kraken? If you are not locking up your ETH, I dont see a disadvantage in staking.

i am stoked ADA is over 40 cents and ETH at new ATH's.....exciting months ahead.
193   Bitcoin   2021 Feb 3, 8:56am  

G36 says
Remember folks when I said back in December ETH will hit 700 bucks? Well, its at over 1,400 now!

https://www.cnbc.com/2021/01/19/bitcoin-ethereum-eth-cryptocurrency-nears-all-time-high.html


and now 1600! WoW. Lets go Ethereum! (aka ETH, ETHER or best thing since sliced bread)
194   Patrick   2021 Feb 3, 10:15pm  

Lol, you know what? I have an old bitcoin wallet I haven't looked at in years, and I still have 0.01 bitcoin!

That's $378!

OK, so I found this money, now what to do with it?
195   WookieMan   2021 Feb 4, 5:01am  

Patrick says
Lol, you know what? I have an old bitcoin wallet I haven't looked at in years, and I still have 0.01 bitcoin!

That's $378!

OK, so I found this money, now what to do with it?

Get your USD back quickly would be my advice and treat yourself to a nice dinner (if you can in your part of CA). Sad I have to add that caveat to the comment. Or a couple dinners or lunches. Small businesses need $$ or they're toast. Enjoy the found money and help the small guys, otherwise they'll be gone and you'll be eating a Chilis if you want to go out...
196   Bitcoin   2021 Feb 4, 7:33am  

Patrick says
Lol, you know what? I have an old bitcoin wallet I haven't looked at in years, and I still have 0.01 bitcoin!

That's $378!

OK, so I found this money, now what to do with it?


@Patrick,
when did you buy Bitcoin? (year is good enough) & what wallet are you using? (is it a hardware wallet?)

What can be wrong with having some exposure to Bitcoin. I assume you dont need the money to pay your bills. Just dollar cost avg into BTC and increase the holdings.
197   Patrick   2021 Feb 4, 8:30am  

Someone gave it to me in 2016 just as a demo. I think it was only a couple of dollars at the time.
198   Bitcoin   2021 Feb 4, 8:35am  

nice percentage gain :)
keep it and add to it! If you would want to sell it, are you set up on an exchange? In order to exchange it to USD I recommend the Coinbase App.
199   Patrick   2021 Feb 4, 8:39am  

No exchange. I have the Jaxx app.

I don't really need the money.
200   WookieMan   2021 Feb 4, 8:46am  

G36 says
In order to exchange it to USD I recommend the Coinbase App.

Yes. ID required. So much for anonymous.

Just dump it dude. Take the found money and enjoy it. You only live once. I guess if investing in spreadsheets sounds fun, go ahead. But sounds like misery and a waste of time to me and you already sound like the path you've chosen has done you well. I'd stick to it.

And this is why I fight in these threads. I hope to not see you go down the crypto path, I don't think you will, but this is why I fight all these comments. I don't joke when I've seen people lose everything because of this virus called crypto. They were talented day traders too prior to crypto being big. It's dangerous as fuck. I don't push anything else here beside maybe traveling. Not gold, not silver, not stocks, not crypto.

Be careful is all I'll say if you go down the rabbit hole.

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