Results 10,451 to 10,475 of 16182
Thread: Bitcoin....who's gotten into it?
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08-04-2022, 01:08 PM #10451
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08-04-2022, 01:10 PM #10452
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08-04-2022, 01:46 PM #10453Rope->Dope
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People have short memories, and momentum matters.
The loss porn, rugpulls, NFT hate, coin crashes, exchange freezes, wallet thefts, etc. are deafening on the airwaves, never mind the body blows that BTCs alleged "store of value", "digital gold", "inflation hedge" and "currency" have taken in the last 18 months. Widespread regulation seems imminent. I doubt smart money, or new money, is lining up to board that train.
A 2022 revision of "A Peer-to-Peer Electronic Cash System" would really be helpful in understanding what this thing is supposed to become.
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08-04-2022, 02:38 PM #10454
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08-04-2022, 03:06 PM #10455
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08-04-2022, 03:07 PM #10456
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08-05-2022, 10:59 AM #10457
All just a bunch of lying scammers
https://twitter.com/silvermanjacob/s...OCm9l8V1iVsOMQ
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08-05-2022, 01:14 PM #10458
My company owns Tesla.
Uh....I mean....a person I know has driven one.
Once.It's a war of the mind and we're armed to the teeth.
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08-05-2022, 02:00 PM #10459
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08-05-2022, 02:08 PM #10460
Obviously you geezers should just stick to shiny rocks. No funny business in those markets.
https://www.bloomberg.com/news/artic...ices-jury-told
Michael Nowak was “the boss” of a plot at JPMorgan Chase & Co. to manipulate gold and silver prices and worked with the top trader and salesman on the bank’s precious metals desk to “spoof” markets with bogus buy and sell orders, a federal prosecutor told jurors in Chicago.
“For years, executives at one of the world’s largest banks conspired to manipulate the markets for precious metals,” Matthew Sullivan, an attorney in the US Department of Justice, said Thursday during closing arguments in the trial of Nowak, Gregg Smith and Jeffrey Ruffo. “All three worked together toward the same goal: earning profits for the precious-metals desk by spoofing.”
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08-05-2022, 02:26 PM #10461
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08-05-2022, 02:50 PM #10462
I can recommend Russia.... great army, great foreign policy, lots of freedom!
It's a war of the mind and we're armed to the teeth.
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08-05-2022, 03:05 PM #10463
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08-05-2022, 04:57 PM #10464
Saylor talking about naming dunfree as chief of public relations. Solid choice if you ask me..
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08-05-2022, 09:15 PM #10465
I sold my crypto today. Made a few bucks. I’m sticking with crypto stocks Sq and coin. Up almost 100% on coin in a couple of months. Still not crazy about it long term though. SQ I bought too fucking soon but feel better long term.
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08-07-2022, 03:56 PM #10466
Saylor crushing.
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08-07-2022, 04:05 PM #10467
That interview was laughably terrible. Chocolate thunder? Dunking? His investments are down a billion.
His opinion that regulation will be good for institutional investors lands with me. How does that track with the rest of the crypto-ethos tho?
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08-07-2022, 04:08 PM #10468
His investments are up 730% in 2 years.
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08-07-2022, 04:12 PM #10469
I don't think that's accurate - be specific. As in, his BTC purchases are down 1 billion. His stock valuation is up - is that what you are referencing? It'll be interesting to see if that valuation has legs given it's basically an empty company without a corresponding P/E and is just a BTC tracker. Which he bought at a loss. Correct me if I'm wrong.
Edit: He referenced "enterprise valuation" not his BTC investments.
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08-07-2022, 04:12 PM #10470
Well the reality is BTC is a commodity. Has been in the eyes of the fed and the sec for almost a decade. But needs further clarity for large pools to come in. Which will happen I believe.
Obviously far flung bullshit crypto projects will do do bird.
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08-07-2022, 04:17 PM #10471
He just said it. 2 yrs ago his company was worth 660M. It's now 5.5B
I think his dca per BTC is 30k or so.
5/10 years from now mstr will be the most highly valued company in the world. Far surpassing apple.
Or it won't.
I've got 5k in USD to dca into BTC over the next few weeks/months
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08-07-2022, 04:23 PM #10472
Right.... So about 7K per coin less than what it's currently worth.
No way. Going with... it won't. Even if you are a believer in BTC and believe it is under valued.... his company doesn't really have a growth/core business footprint anymore. At some point, his position will be realized and the potential growth stops.
It's fine; zero skin off my nose either way. But that was Pollyannaish nonsense of an interview.
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08-07-2022, 05:06 PM #10473
So you think it's going into go up and never down? The moment it goes down you claim it as a loss?
I'd be buying now if I were anyone, especially those w young children. If you have kids they have like a half a decade time frame for BTC to grow.
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08-07-2022, 05:07 PM #10474
Edit, half a century..
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08-07-2022, 05:33 PM #10475Rope->Dope
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