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

[Bunion 2020]

But wherever it goes, it's likely to be heavily weighted toward porn, scams, and cheap shit.

One can only hope.

[stalefish3169]

I bought one of these and I'm psyched on it. The whole thing is very creative and executed well IMO, which shouldn't be a surprise I guess since Travis has always been pushing limits his entire career. Streaming the contest now! Glad to support Travis and all the amazing athletes.

https://natural-selection-tour.mysho...tion-by-schoph

Men's semis going off!

https://stream.naturalselectiontour.com/

[JONG SLAUGHTER]

Ummm wouldn't 5/10xing your money imply dividing its value in half?

NO, BUT IT WOULD IMPLY THAT YOU'RE A DUMB FUCKTARD. GO BLOW DUNFREE UNDER A PARK BENCH.

[dunfree]

NO, BUT IT WOULD IMPLY THAT YOU'RE A DUMB FUCKTARD. GO BLOW DUNFREE UNDER A PARK BENCH.

betya byates would by that nft

[bennymac]

Just going to leave this here:



And may the odds be ever in your favor.

Thanks for posting that

[subtle plague]

Just going to leave this here:



And may the odds be ever in your favor.

First time I understand the thing Partly. Before that Video I gave crypto the benefit of a doubt that I don't fully realize it's magnificent potential.

Well. Yeah..no.

[byates1]

[Benny Profane]

That explains why Trump liked him.

[stalefish3169]

Just going to leave this here:



And may the odds be ever in your favor.

This video is unbelievably bad. Made it 20 minutes before I couldn't take it anymore and turned it off.



Sent from my Pixel 6 Pro using Tapatalk

[bennymac]

Then you missed this part amongst other truths:

“There is an environment of toxic positivity where doubt is aggressively policed. Doubters are ostracized so that it chills discussion about a project’s viability. All concerns are just FUD. Questions that would be banal on an investment forum are treated as hostile.”

[subtle plague]

Then you missed this part amongst other truths:

“There is an environment of toxic positivity where doubt is aggressively policed. Doubters are ostracized so that it chills discussion about a project’s viability. All concerns are just FUD. Questions that would be banal on an investment forum are treated as hostile.”

I especially enjoyed the financial crisis bit in the first 8min, which are, apparentl, extremly bad. But starstruckfishs summary would be: evil finance caused it and crypto would have prevented it!

Who am I to disagree I'm just a paperhands.

[byates1]

Only a small amount or time on BTC, I thought it was a good take on current affairs.

[Benny Profane]

You should be all ears and nose for when somebody is using the airwaves to talk some sort of book. Like Scaramuchi above.

[byates1]

^meaningless non contributing post. Oh wait, you have 50 fucking thousand of those.

[Benny Profane]

So you actually believe somebody that is probably worth more than France, and made that money IN THE STOCK MARKET, says that the whole thing is going to come tumbling down, and you should sell and get out?

Idiot. You deserve to be poor when you're old

[byates1]

Where did I say that. You're assuming a lot. I find it useful to listen to a bunch of different things and make up my own mind. No one really knows.

I'm an idiot b/c I think younger people should.allocate some percentage to BTC?

All you seem to be good at is arguing on the internet. I believe there is a good chance btc and other projects are going to be very successful. It's that simple.

I'm 47. I've been saving and investing for 30 years. I don't claim to know shit. I highly doubt I'll be poor when I'm old.

For certain, one thing I won't be is a mean douche that noone wants around, much less posting constantly and contributing nothing.

[Vt-Freeheel]

Of course THIS GUY is talking out of his ass.

ps, I applaud any mags making money on the ups and downs of crypto.

[Benny Profane]

You said: " I thought it was a good take on current affairs."

No, it isn't. He's not doing that to help you. He's doing that to help him. Just like all the other snake oil salespeople and three card monte players you post as some sort of wisdom. It's sad, because there's going to be a ton of crypto followers eating dog food at age 65, if they make it.

[byates1]

^ I find it entertaining there is such vitriol and opposing opinions in the BTC space.

It'll be interesting to see what happens.over the next 10 years.

[byates1]

You said: " I thought it was a good take on current affairs."

No, it isn't. He's not doing that to help you. He's doing that to help him. Just like all the other snake oil salespeople and three card monte players you post as some sort of wisdom. It's sad, because there's going to be a ton of crypto followers eating dog food at age 65, if they make it.

So what grand insightful advise do you have for the primarily younger generation going forward?

[Benny Profane]

Easy. Dollar cost averaging into equity index funds up to age 40 or so, automatic contributions from paycheck or checking accounts, put it on auto pilot, ignore it except for annual re distribution. Buy a house or even two. Marry a woman who also works and isn't a spender, and stay married to her. Dont spend money on stupid shit.

[MakersTeleMark]

Easy. Dollar cost averaging into equity index funds up to age 40 or so, automatic contributions from paycheck or checking accounts, put it on auto pilot, ignore it except for annual re distribution. Buy a house or even two. Marry a woman who also works and isn't a spender, and stay married to her. Dont spend money on stupid shit.

What if you are out of the closet and in your early 50's?

[byates1]

Easy. Dollar cost averaging into equity index funds up to age 40 or so, automatic contributions from paycheck or checking accounts, put it on auto pilot, ignore it except for annual re distribution. Buy a house or even two. Marry a woman who also works and isn't a spender, and stay married to her. Dont spend money on stupid shit.

Fair enough. No allocation to higher risk w an eye on future tech?

Be safe w most of your decisions, but take some risk.

Most fa's will now say having a 0 allocation to BTC is wrong. Especially younger.

[stalefish3169]

Then you missed this part amongst other truths:

“There is an environment of toxic positivity where doubt is aggressively policed. Doubters are ostracized so that it chills discussion about a project’s viability. All concerns are just FUD. Questions that would be banal on an investment forum are treated as hostile.”

Whatever, bluebenny. You continually scold me for "my tone" but you guys are all fellating this asshat who at 23:30 proclaims that crypto devs don't know anything about money/finance (the industry they are trying to disrupt) and shortly thereafter says it's easier to make an improvement over Bitcoin "because Bitcoin sucks." The dude isn't making good faith arguments and for the amount of production that went into his video, he comes across as way too subjective. The former claim is laughable. There is a huge brain drain of tradfi peeps into crypto that has only been accelerating. As for the latter point, BTC has accomplished many notable things, mainly that it's the most secure network in the history of humanity. Anyone who has actually sent large sums of money permissionlessly will tell you that the experience is awesome.

Sent from my Pixel 6 Pro using Tapatalk

[CarlMega]

Just going to leave this here:



And may the odds be ever in your favor.

This was probably the most cognizant take on Crypto's ethos and current state that I've watched. In the end, it's all the exactly same motivations and behaviors as there ever was - absolutely nothing new under the sun.

I've wanted to give the underlying technology & architecture a 2nd look so been going over the bitcoin O'reilly book. Clever stuff but I'm left with the same impression I had about 8 years ago...which is this scales extremely poorly and lacks practicality to be used as currency. With that, I don't see me in coins for investing or an asset vehicle - maybe speculation trades. It just isn't what people want it to be. Tho I could see doing some investment in a crypto adjacent area; feast, famine or war there's money to be made in the cycle.

Now, in spirit of keeping an open mind, if someone wants to share a counter point/response video - I'd watch that too.