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  1. #6976
    Join Date
    Apr 2006
    Posts
    7,451
    I put 30k in at 53, so Im obviously down now on that.

    I'm convicted enough and can afford another 20k buy now though.

    I look at it as a 10 year play, in which time BTC becomes the world standard layer one digital asset. Flipping Golds 10T market.

    I'm willing to be wrong. I don't think I will be.

  2. #6977
    Join Date
    Apr 2006
    Posts
    7,451

  3. #6978
    Join Date
    Oct 2003
    Location
    Near Perimetr.
    Posts
    3,857
    So, Guys and Gals...
    A bit torn here.

    What are your vibes of/about that Saylor dude?
    What kind of V´s does he send for you? Legit?
    Like, if he would be the new one for your ex-wife, or....say...daughter/son?

    The floggings will continue until morale improves.

  4. #6979
    Join Date
    Mar 2006
    Posts
    19,814
    From the interview I gather that MSTR had reached an inflection point where it was change direction or die so Saylor went all in on BTC. He’s not the first CEO that chose to change direction. He probably cashed in enough already.

  5. #6980
    Join Date
    Feb 2005
    Location
    North Vancouver/Whistler
    Posts
    13,985
    Mstr was a pretty dogshit tech company before. The BTC strategy was an improvement over their previous company

  6. #6981
    Join Date
    Aug 2004
    Location
    New Haven Line heading north
    Posts
    2,944
    Saylor is a hype man. He was during the dotcom era, and he is now.

    Northman is the most consistently wrong “famous” trader I have ever come across.

  7. #6982
    Join Date
    Mar 2006
    Posts
    19,814
    Quote Originally Posted by Stu Gotz View Post

    Northman is the most consistently wrong “famous” trader I have ever come across.
    Gartman? Prechter? Granville?

  8. #6983
    Join Date
    Feb 2005
    Posts
    19,203
    Quote Originally Posted by dunfree View Post
    Franklin Mint mindset.

    ”Only 3,999 commemorative tokens for MTMs thousandth stupid bong rip post will be made, buy now!” Line go up!

    not everything that’s rare is valuable, not everything valuable is rare. Throw some more dipshit cliche together, and pimp some more trash.
    The last bong rip I did was in 1993.
    Scurry on and STFU.
    Is it radix panax notoginseng? - splat
    This is like hanging yourself but the rope breaks. - DTM
    Dude Listen to mtm. He's a marriage counselor at burning man. - subtle plague

  9. #6984
    Join Date
    Aug 2004
    Location
    New Haven Line heading north
    Posts
    2,944
    Quote Originally Posted by 4matic View Post
    Gartman? Prechter? Granville?
    I don't consider those three traders. But peas in the pod.
    Charlie, here comes the deuce. And when you speak of me, speak well.

  10. #6985
    Join Date
    Aug 2016
    Location
    关你屁事
    Posts
    9,531
    Quote Originally Posted by MakersTeleMark View Post
    The last bong rip I did was in 1993.
    Scurry on and STFU.
    You need a safe space for the pumping!? I mean, I get that writing white papers makes you think you knew telco…. But it doesn’t. It just makes you a pimp.

  11. #6986
    Join Date
    Apr 2006
    Posts
    7,451
    Wreckage tomorrow? I'm going on a buying spree..

  12. #6987
    Join Date
    Nov 2002
    Location
    Cloud City
    Posts
    8,768
    Quote Originally Posted by byates1 View Post
    Wreckage tomorrow? I'm going on a buying spree..
    I'm looking for a relief rally tomorrow or sometime this week, we'll see.

    Considering selling 1/3 of my link stack into bitcoin.
    Live each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
    Henry David Thoreau

  13. #6988
    Join Date
    Apr 2006
    Posts
    7,451
    Nice. I'm thinking a weekly dca depending on movement from here. 30/35 seems like support. Absolute buy here or lower.

  14. #6989
    Join Date
    Feb 2005
    Posts
    19,203
    Quote Originally Posted by dunfree View Post
    You need a safe space for the pumping!? I mean, I get that writing white papers makes you think you knew telco…. But it doesn’t. It just makes you a pimp.
    I do know telco, deeply; in fact I was a founding member of a telecommunications law journal.

    But carry on you miserable fuck.
    Is it radix panax notoginseng? - splat
    This is like hanging yourself but the rope breaks. - DTM
    Dude Listen to mtm. He's a marriage counselor at burning man. - subtle plague

  15. #6990
    Join Date
    Oct 2003
    Location
    Near Perimetr.
    Posts
    3,857
    Quote Originally Posted by byates1 View Post
    Wreckage tomorrow? I'm going on a buying spree..
    Seems to have started....

    Now add to that the unintentional meltdown of back end infra, intentional shutdowns by various platforms & actors trying to isolate themselves and targeted attacks by nation state proxies (looking at you Norks & Ruskies)...rollercoaster, baby.

    The floggings will continue until morale improves.

  16. #6991
    Join Date
    Apr 2006
    Posts
    7,451
    Quote Originally Posted by Meathelmet View Post
    Seems to have started....

    Now add to that the unintentional meltdown of back end infra, intentional shutdowns by various platforms & actors trying to isolate themselves and targeted attacks by nation state proxies (looking at you Norks & Ruskies)...rollercoaster, baby.
    Oh yeah. Well if we are going to wreck, let's really get some pain going. Never a better time to buy. remember everyone was calling for 100k BTC at Xmas.

  17. #6992
    Join Date
    Apr 2006
    Posts
    7,451
    Just off the phone w Satoshi, he said the death of the bogdanoff twins really fucked everything up.

    He'll keep BTC lower for a while so dunfree and Benny can get in. Solid dude that Satoshi..

  18. #6993
    Join Date
    Mar 2019
    Posts
    2,100
    This all sounds great! I’ll take three


    Sent from my iPhone using TGR Forums

  19. #6994
    Join Date
    Apr 2006
    Posts
    7,451
    Eth is fantastic to pick up as well. More approachable price.

    I'm currently also picking up Sol, algo, matic.

    Was big on Ada, but now think the other above projects have more promise.

    Picked up some hbar yesterday just in case that's a huge deal. .20$ a piece.

  20. #6995
    Join Date
    Jan 2008
    Location
    livin the dream
    Posts
    5,761
    Is this the cycle where we see if market fundamentals can overpower the crypto hype machine’s volume knob?

    Who knows?!,!!,!,?!!? So excited?!!!?!,!!


    Sent from my iPhone using TGR Forums
    Best Skier on the Mountain
    Self-Certified
    1992 - 2012
    Squaw Valley, USA

  21. #6996
    Join Date
    Feb 2015
    Location
    MA
    Posts
    4,496

  22. #6997
    Join Date
    Mar 2006
    Posts
    19,814
    It’s held up pretty well today considering the conditions.

  23. #6998
    Join Date
    Nov 2002
    Location
    Cloud City
    Posts
    8,768
    I put in some sell orders above 40k. Unlikely I suppose, but you never know.

    I also did my weekly link/btc market buy yesterday. Can't stop, won't stop. Please don't let it be my albatross.
    Live each season as it passes; breathe the air, drink the drink, taste the fruit, and resign yourself to the influences of each.
    Henry David Thoreau

  24. #6999
    Join Date
    Dec 2012
    Posts
    17,749
    Tom Brady is a fan.
    "timberridge is terminally vapid" -- a fortune cookie in Yueyang

  25. #7000
    Join Date
    Jan 2005
    Location
    Access to Granlibakken
    Posts
    11,184
    Hot take

    But as the great crypto market crash of the last three months has begun to unfold, it’s started to look like something much more mundane: a crappy tech stock.

    Instead of a currency, or an inflation hedge, Bitcoin seems to be acting like something else: a tech stock. Over time, its performance has become increasingly correlated with the NASDAQ index. (Its correlation with gold is practically nil.)
    I’m not seeing an amazing correlation with nasdaq, but whatevs.

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