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Thread: Bitcoin....who's gotten into it?
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06-23-2022, 02:32 PM #10076
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06-23-2022, 02:36 PM #10077
There’s your bitcoin buyer presenting the new world of finance
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06-23-2022, 02:39 PM #10078
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06-23-2022, 02:52 PM #10079
I mean, it's cool if you want to get 2% or less yields while inflation is running in double digits. Good luck with that.
https://www.investopedia.com/article...or%20inflation.
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06-23-2022, 02:58 PM #10080
We could use a little more funneh in here today.
https://twitter.com/Cryptofung/statu...1YTuLnsJQ&s=19
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06-23-2022, 03:15 PM #10081
Here ya go, guys. LOL
https://twitter.com/saylor/status/15...A0Kc6sRig&s=19
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06-23-2022, 04:05 PM #10082
She actually said “we should be a nation of savers that produce economic value instead of going further into debt”, which is hysterical because the only way saving produces economic value is by banks creating new debt with it.
These are your thought leaders in the space…
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06-23-2022, 04:42 PM #10083
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06-23-2022, 05:10 PM #10084
You responded by implying that some years are up and some are down like what we're dealing with is just vanilla volatility. When in reality, we're in largely uncharted waters. This is not normal activity.
https://www.reuters.com/markets/rate...et-2022-06-16/
SINGAPORE/HONG KONG, June 16 (Reuters) - Japan's government bond market is being pushed to breaking point in a contest between foreign speculators and the Bank of Japan, creating challenges for loan pricing and bond sales and raising the prospect of government financing tangles down the track.
Extreme stress was evident on Wednesday, when the Bank of Japan (BOJ) spent more than 700 billion yen ($5.2 billion) buying bonds to defend its 10-year yield ceiling, only to see 10-year futures suffer their steepest plunge in almost a decade...
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06-23-2022, 05:27 PM #10085Registered User
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06-23-2022, 05:43 PM #10086
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06-23-2022, 05:44 PM #10087
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06-23-2022, 06:16 PM #10088
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06-23-2022, 09:57 PM #10089
Bitcoin is not going to solve Japan's problems, or any country's any time soon. However, it does give people an option to opt out of failing central bank fiat currencies for a monetary system that's as decentralized as the world has seen so far. BTC has also been the best performing asset class of the last decade plus and it's not close.
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06-23-2022, 10:04 PM #10090
If people are going to try to say that when I post log scale y-axis BTC charts it's misleading, I am going to say that trying to look at BTC for only 1 year of x-axis is not telling the whole story.
BTC is now at moving averages and other price metrics that have been hugely profitable for accumulation and holding for just a few years. Could this time be different? Perhaps. You should try out the new short ETF if you think it is.
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06-23-2022, 10:14 PM #10091
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06-24-2022, 06:38 AM #10092
Ok, the last two Friday nights, bitcoin has been pushed down, dumped on low volume. I wake up to margin calls, trying to put a dark cloud over my weekend! I guess that's one way to flush the leverage out of the system. I wonder about tonight...
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
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06-24-2022, 07:12 AM #10093I drink it up
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06-24-2022, 07:21 AM #10094
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06-24-2022, 09:27 AM #10095“I tell you, we are here on Earth to fart around, and don't let anybody tell you different.”
― Kurt Vonnegut, A Man Without a Country
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06-24-2022, 09:52 AM #10096Rope->Dope
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06-24-2022, 10:17 AM #10097“I tell you, we are here on Earth to fart around, and don't let anybody tell you different.”
― Kurt Vonnegut, A Man Without a Country
www.mymountaincoop.ca
This is OUR mountain - come join us!
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06-24-2022, 10:33 AM #10098
If you bought tulips at the right time and sold at the right time you'da probably made 18,000 percent.
We used to have this thing floating around our town a coupla Christmas's in a row. You'd buy a bottle of booze for someone, and magically you were supposed to get a bunch back in return. You just needed to convince 6 other people to buy a bottle of booze for some one. And so on, and so on. Well it lasted two Christmas's and that's it. Because eventually, no one couldn't convince 6 other people to buy bottles of booze, cause they wouldn't recieve their promised 6 bottles.“I tell you, we are here on Earth to fart around, and don't let anybody tell you different.”
― Kurt Vonnegut, A Man Without a Country
www.mymountaincoop.ca
This is OUR mountain - come join us!
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06-24-2022, 10:35 AM #10099
*could* not couldn't.
“I tell you, we are here on Earth to fart around, and don't let anybody tell you different.”
― Kurt Vonnegut, A Man Without a Country
www.mymountaincoop.ca
This is OUR mountain - come join us!
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06-24-2022, 12:06 PM #10100
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