Results 8,726 to 8,750 of 16004
Thread: Bitcoin....who's gotten into it?
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05-09-2022, 03:58 PM #8726
Stalephish bringing back the conspiracy coin valuation. Wonder when Elon will drop his next coin market impacting tweet?
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05-09-2022, 04:02 PM #8727
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05-09-2022, 04:04 PM #8728
Go back and read the posts from December 2018. The messaging is like 95% similar.
https://99bitcoins.com/bitcoin-obituaries/
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05-09-2022, 04:08 PM #8729
Even if you had a spot etf there would be options and probably an inverse etf also with options.
I’m sure there are structural reasons of settlement and stewardship preventing a spot etf. A futures contract is always matched.
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05-09-2022, 04:11 PM #8730Registered User
- Join Date
- Nov 2011
- Location
- Missoula
- Posts
- 408
So why would I buy bitcoin then? Why not assets that produce STUFF and then return profits to investors? Farmland, metal miners, energy companies, etc? Historically people get rich from owning assets that produce things. Not currencies.
Full disclosure I use XMR to conduct nearly all my craigslist transactions.
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05-09-2022, 04:12 PM #8731
Tell me more about this global deleveraging
https://www.mckinsey.com/featured-in...h-deleveraging
Before covid, it did look like we were finally back to full employment for the first time since the dot com bust, and wages were increasing. Everything was certainly not perfect, but they were getting better.
Everything is worse now, and yes, it’s largely due to a once in a century global pandemic, and the war certainly isn’t helping with inflation either.
I’m not going to lay out a case for how everything is going swimmingly, because it’s obviously not. What I don’t get is how Bitcoin makes any of it better.
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05-09-2022, 04:26 PM #8732
So like, cars?
https://twitter.com/charliebilello/s...90511827730433
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05-09-2022, 04:35 PM #8733
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05-09-2022, 04:36 PM #8734
[QUOTE=stalefish3169;6611413]"The man" is furious about the small gains labor has made due to the pandemic and will now attempt to clawback what they view to be rightfully theirs as ruling oligarchs. BTC is part of this shakeout. In a very rare occurrence, the little guys front ran big money on BTC and now they are being shaken out as the ruling class buys it up. /QUOTE]
Pure fantasy. Simply ignores the existence of a vast marketing machine for crypto. If this were true, then the rich wouldn't be spending real money to hype crypto to the poor.
Bitcon whales are now spending billions in real usd money to market their fake gold to retail investors. Sheeeyit, they are so desperate for new fools that they recently bought most of the ad space at the super bowl. Shaking out the little guy? Far from it, bro. The elites are, in fact, doing all they can to keep the small guy buying more and more.
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05-09-2022, 04:41 PM #8735
BTC has been counted out many times before, but has proven hard to kill.
I'll be taking advantage of this sell off, willing to wait 10/15 years. Time will tell.
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05-09-2022, 04:47 PM #8736
Willing to wage longer than btc has been around. Lol
how much did the crypto cons spend advertising this weekend? It’s like blow without the hot women in Miami. Just neckbeards.
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05-09-2022, 04:49 PM #8737Registered User
- Join Date
- Nov 2011
- Location
- Missoula
- Posts
- 408
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05-09-2022, 05:02 PM #8738
The U.S. government is continuing to cast stablecoins as a potential threat to the stability of the financial system, with both the Federal Reserve and a senior Treasury official saying Monday the tokens could experience dangerous customer runs.
https://www.coindesk.com/policy/2022...outputType=amp
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05-09-2022, 05:03 PM #8739
Maybe that’s why stocks are getting hit. Crypto businesses seeking liquidity. Sell what you can
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05-09-2022, 06:28 PM #8740
Cash app BTC price sub 30k
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05-09-2022, 06:33 PM #8741
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05-09-2022, 06:44 PM #8742
It’s real easy to make claims when nobody cared
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05-09-2022, 06:51 PM #8743
40% bag holders, majority of BTC is held by less than 3%. What an opportunity.
https://www.cnbc.com/2022/05/09/40percent-of-bitcoin-investors-underwater-glassnode-data.html
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05-09-2022, 07:19 PM #8744
Bought the dip..
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05-09-2022, 07:33 PM #8745
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05-09-2022, 07:47 PM #8746
I use usdc for everything, pegged 1-1 to USD. Earn 1% BTC. Stable
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05-09-2022, 07:57 PM #8747
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05-09-2022, 08:39 PM #8748
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05-09-2022, 09:08 PM #8749
If only they would've just invested in something safe, like stonks.
https://markets.businessinsider.com/...stanley-2022-5
Sent from my Pixel 6 Pro using Tapatalk
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05-09-2022, 09:15 PM #8750
I had to sell off my five figure position of LUNA to pay taxes last month. Luckily I was in deep profit. This UST drama sucks for the space, but Do got super cocky and put a target on his back which made me want to get out.
I don't think UST and LUNA would've collapsed without some nefarious players intentionally trying to bring it down. Double whammy as Do and the Luna Guard Foundation had to unload their massive BTC holdings in an attempt to save the peg.
This sucks for the space as UST was the most decentralized stable coin by several measures. Interesting day for sure. Lots of people wanted this to happen to Tether for years, but it's standing strong at $1.00. Asshats like Elizabeth Warren and Sherrod Brown gonna be all over this and will use it to push for freedom killing legislation that blocks people's ability to spend their own money how they want. But go buy all the lottery tickets you want and make sure to bet on some sports too.
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