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Thread: Bitcoin....who's gotten into it?

  1. #18126
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    Quote Originally Posted by frorider View Post
    For the non-Xitter crowd, what’s the TLDR argument you think applies?
    Bitcoin is not Donald Trump.

  2. #18127
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    Bitcoin is not Donald Trump.
    And, there is no place like home.
    I have been in this State for 30 years and I am willing to admit that I am part of the problem.

    "Happiest years of my life were earning < $8.00 and hour, collecting unemployment every spring and fall, no car, no debt and no responsibilities. 1984-1990 Park City UT"

  3. #18128
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    Bought at 8k Sold between 45k and 100K. Was a good investment for me

  4. #18129
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    Quote Originally Posted by emile@bushwackerprods.com View Post
    Bought at 8k Sold between 45k and 100K. Was a good investment for me
    Nice work! That’s how you do it.

  5. #18130
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    Quote Originally Posted by emile@bushwackerprods.com View Post
    Bought at 8k Sold between 45k and 100K. Was a good gamble for me
    FIFY because Bitcoin is not an investment.
    "Zee damn fat skis are ruining zee piste !" -Oscar Schevlin

    "Hike up your skirt and grow a dick you fucking crybaby" -what Bunion said to Harry at the top of The Headwaters

  6. #18131
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    GameStop to invest corporate cash in bitcoin, following in footsteps of MicroStrategy

    https://www.google.com/amp/s/www.cnb...rve-asset.html

    Probably nothing.


  7. #18132
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    meme stock buys meme coin at 11

  8. #18133
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    World Liberty Financial, the crypto venture launched by President Donald Trump and his sons last year, has a new stablecoin. The group launched the U.S. government debt-backed coin, called USD1, on March 4, but it is not currently tradable. When it is, it’ll be on the Ethereum network and the Binance Smart Chain blockchain. World Liberty said it will be audited by digital asset trust company BitGo. The announcement of the new token led scammers to fraudulently replicate the currency, leading Binance founder Changpeng Zhao to warn on X that “the official USD1 is not tradable yet.” Zhao added: “Please do not fall for the scams.” The token’s value will be underpinned by “short-term U.S. government Treasurys, U.S. dollar deposits and other cash equivalents,” the company said, according to The Wall Street Journal. Zach Witkoff, World Liberty Financial co-founder and son of Trump special envoy Steve Witkoff, was more positive in a statement.
    Nope Trump makes his own shit up out of thin air.
    I have been in this State for 30 years and I am willing to admit that I am part of the problem.

    "Happiest years of my life were earning < $8.00 and hour, collecting unemployment every spring and fall, no car, no debt and no responsibilities. 1984-1990 Park City UT"

  9. #18134
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    Quote Originally Posted by Bunion 2020 View Post
    Nope Trump makes his own shit up out of thin air.
    The most insane thing about this timeline might be how often Putin's bootlicker can sit down with "journalists" to discuss "negotiations" without being asked about the semi-anonymous bribe scheme his son co-founded. Does he have to ask, or can he just say "My son Zach co-founded Trump's memecoin and I know President Trump thinks everyone should invest in it" and the rubles flow?
    <p dir="rtl">
    Make efficiency rational again</p>

  10. #18135
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    Quote Originally Posted by Bunion 2020 View Post
    Nope Trump makes his own shit up out of thin air.
    One: Trump still can't make more BTC than any other miner.

    Two: The blurb you just referenced citing thin air states USD1 is backed by US Treasuries. Think about that for a minute.


  11. #18136
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    It depends on what the meaning of the word ‘is’ is.

  12. #18137
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  13. #18138
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    The US federal closure of many scientific and academic institutions, though a travesty, is a phenomenal business opportunity for privatizing and decentralizing valuable public goods and services.
    Seems like a solid dude!

  14. #18139
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    World Liberty Financial, the crypto venture launched by President Donald Trump and his sons last year, has a new stablecoin.
    Think about that for longer than a minute.
    I have been in this State for 30 years and I am willing to admit that I am part of the problem.

    "Happiest years of my life were earning < $8.00 and hour, collecting unemployment every spring and fall, no car, no debt and no responsibilities. 1984-1990 Park City UT"

  15. #18140
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    stablegeniuscoin

  16. #18141
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    Bitcoin is down sharply on the tariff news. Actual gold is up.

    Maybe Bitcoin is not -digital gold- after all. Maybe it is just a speculative thing people bet on when they have some money to burn.

  17. #18142
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    Quantum computing is gonna be a hot mess for crypto. They're going to try to protect it, but thats gonna be a helluva battle.

  18. #18143
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    Wut? Line goes up?


    Sent from my iPhone using TGR Forums
    However many are in a shit ton.

  19. #18144
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    Quote Originally Posted by J. Barron DeJong View Post
    Bitcoin is down sharply on the tariff news. Actual gold is up.

    Maybe Bitcoin is not -digital gold- after all. Maybe it is just a speculative thing people bet on when they have some money to burn.
    If you keep posting stuff like this and tapping your ruby slipper heels together I'm sure you'll get your wish one day.


  20. #18145
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    Yeah. Anyway, in the real world Bitcoin has been moving very close to the perfect inverse of gold recently:

    https://bsky.app/profile/ritholtz.bs.../3llx44sgw6k2y

  21. #18146
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    Quote Originally Posted by J. Barron DeJong View Post
    Bitcoin is down sharply on the tariff news. Actual gold is up. Maybe Bitcoin is not -digital gold- after all. Maybe it is just a speculative thing people bet on when they have some money to burn.
    You were saying?
    Attached Images Attached Images  

  22. #18147
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    Nice looking paperclip.

  23. #18148
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    The TGR site is on life support and attachments don't work. Sorry.

    So I'll summarize. BTC up, stonks down. But of course putting too much emphasis on the short-term price action is unwise. Yet you continue to do it.


  24. #18149
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    Quote Originally Posted by stalefish3169 View Post
    The TGR site is on life support and attachments don't work. Sorry.

    So I'll summarize. BTC up, stonks down. But of course putting too much emphasis on the short-term price action is unwise. Yet you continue to do it.

    Makes sense! Actual assets and cashflowing businesses should tank, while the thing based on nothing should go to the MOON!!!

    We should all boycott all economy and toss our wealth into a non productive computer system!!!!

  25. #18150
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    What Nuke said.

    But also, my graph showed BTC price moving from highly correlated with the price of gold to highly anti-correlated with the price of gold, over a one year period. Not sure what short term is to you.

    But also also, gold was down today and Bitcoin up, so Bitcoin is not gold.

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