MyStarsShine
@MyStarsShine
9 Years25,000+ Posts
Comments: 37529 · Posts: 41243 · Topics: 331
Bitcoin (Page 6)
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……and the natives accepting them despite the brutal history
oh man
I'm glad I listened to undine and didn't buy when BTC was at 50K
I'm glad I listened to undine and didn't buy when BTC was at 50K
Since Trump won it skyrocketed
lol
That guy has some magic/voodoo in him I’m sure ✨😈✨
lol
That guy has some magic/voodoo in him I’m sure ✨😈✨
Posted by RealTalkPosted by Nightcap-
Do you think Bitcoin will ever lose value?
Absolutely not! Current bull run as we speak...a month after the halving & we haven't even touched ATH. I'm bullish enough to believe it will go up to about 90K this cycle.
click to expand
Oh & that it did! 😛
Posted by RealTalkPosted by RealTalkPosted by Nightcap-Absolutely not! Current bull run as we speak...a month after the halving & we haven't even touched ATH. I'm bullish enough to believe it will go up to about 90K this cycle.
Do you think Bitcoin will ever lose value?
click to expand
Oh & that it did!click to expand
You called it and still going up! Earlier in the week, it passed Silver and Saudi Aramco (largest oil company) in marketcap to move into 7th place for most valuable asset. Next up are Google and Amazon in 6th and 5th place. There's talk that the U.S. will maintain a Strategic Bitcoin Reserve. If that happens, who knows what the price will surge to.
No one will ever actually make money from this bs. Its all rigged. I hate how much the idea of Bitcoin actual scams intelligent people.
Posted by Solo
It did indeed hit 100k before EOY
Have the urge to goof on all the halfwits proven wrong in this thread. I guess I'll just have to laugh all the way to the bank 🤑
Posted by Lostthoughts
It will used by large entities to move value between themselves. Similar to currency. I imagine it will be used to circumvent taxes from these purchases and sells. Because it will be treated as stock rather then currency even though it will be used as a currency.
Which means they will work to maintain it's high value out of self interest.
Does this answer your question?
I just wanted to point out how right I was about this. Banks and government are holding it to both use and increase it's value.
Posted by Nightcap-Posted by RealTalkPosted by RealTalkOh & that it did!Posted by Nightcap-Absolutely not! Current bull run as we speak...a month after the halving & we haven't even touched ATH. I'm bullish enough to believe it will go up to about 90K this cycle.
Do you think Bitcoin will ever lose value?
click to expand
click to expand
You called it and still going up! Earlier in the week, it passed Silver and Saudi Aramco (largest oil company) in marketcap to move into 7th place for most valuable asset. Next up are Google and Amazon in 6th and 5th place. There's talk that the U.S. will maintain a Strategic Bitcoin Reserve. If that happens, who knows what the price will surge to.
click to expand
I think we can see 200k by the end of 2025 honestly. We're going to go sideways for a while then mid January BOOM!!!!
Posted by Soul
No one will ever actually make money from this bs. Its all rigged. I hate how much the idea of Bitcoin actual scams intelligent people.
I made money from it & so have a plethora of other people. LMAO.
Posted by RealTalkPosted by Soul
No one will ever actually make money from this bs. Its all rigged. I hate how much the idea of Bitcoin actual scams intelligent people.
I made money from it & so have a plethora of other people. LMAO.click to expand
I feel the amount of people who became millionaires and never have to work again from Bitcoin are like 0.1%
The amount of time and effort people put into the nonsense could have been spend on developing a permanent talent or skill that would have profited them well beyond a basic crypto scam. I can see that logic from miles away. I just see these people addicted to these ideas and brag how they made 10k over the last 7 years. Good job.
Posted by RealTalkPosted by Nightcap-Posted by RealTalkYou called it and still going up! Earlier in the week, it passed Silver and Saudi Aramco (largest oil company) in marketcap to move into 7th place for most valuable asset. Next up are Google and Amazon in 6th and 5th place. There's talk that the U.S. will maintain a Strategic Bitcoin Reserve. If that happens, who knows what the price will surge to.Posted by RealTalkOh & that it did!Posted by Nightcap-Absolutely not! Current bull run as we speak...a month after the halving & we haven't even touched ATH. I'm bullish enough to believe it will go up to about 90K this cycle.
Do you think Bitcoin will ever lose value?
click to expand
click to expand
click to expand
I think we can see 200k by the end of 2025 honestly. We're going to go sideways for a while then mid January BOOM!!!!click to expand
If it follows the last three 4 year cycles ( and it is so far), 2nd week in January til May will be really good..a little lull in June and July and then the top in October. There's a little dip here due to end of year tax harvesting so I bought another $ 600 today. If it does as well as I think it will, I'm going to tell my boss in April that'll i see him in December 😄 and go travel.
I think the thing that pisses me off the most about this topic are the people who are actually intelligent, yet buy into the scam. It's like wasted intelligence, which is worse then being stupid. They talk so much about how they know the process, and will make millions, and literally make next to nothing. Those who do brag and made actual money are the equivalent of some dumb fuck that won the lottery then says "See, I knew a crippling gambling addiction would eventually pay off!" Stop waisting your time, and use your intelligence for something that will indefinitely make you money without RNG. You stupid bitch. It's so frustrating to see people here I actually thought were intelligent buy into an actual scam. How can you not see how ignorant you are? It literally makes me want to unhinge.
Posted by SoulPosted by RealTalkPosted by SoulI made money from it & so have a plethora of other people. LMAO.
No one will ever actually make money from this bs. Its all rigged. I hate how much the idea of Bitcoin actual scams intelligent people.
click to expand
I feel the amount of people who became millionaires and never have to work again from Bitcoin are like 0.1%
The amount of time and effort people put into the nonsense could have been spend on developing a permanent talent or skill that would have profited them well beyond a basic crypto scam. I can see that logic from miles away. I just see these people addicted to these ideas and brag how they made 10k over the last 7 years. Good job.click to expand
I never said anything about millionaires. I said I've made money from it & so have others. 10k in 7 years of FREE money that was invested, is better than no money. Multiple streams of income is how you become rich & making passive income with BTC has worked for me & don't give a shit if people think it's a scam. I profited off of the scam lmao...
Posted by Nightcap-Posted by RealTalkPosted by Nightcap-I think we can see 200k by the end of 2025 honestly. We're going to go sideways for a while then mid January BOOM!!!!Posted by RealTalkYou called it and still going up! Earlier in the week, it passed Silver and Saudi Aramco (largest oil company) in marketcap to move into 7th place for most valuable asset. Next up are Google and Amazon in 6th and 5th place. There's talk that the U.S. will maintain a Strategic Bitcoin Reserve. If that happens, who knows what the price will surge to.Posted by RealTalkOh & that it did!Posted by Nightcap-Absolutely not! Current bull run as we speak...a month after the halving & we haven't even touched ATH. I'm bullish enough to believe it will go up to about 90K this cycle.
Do you think Bitcoin will ever lose value?
click to expand
click to expand
click to expand
click to expand
If it follows the last three 4 year cycles ( and it is so far), 2nd week in January til May will be really good..a little lull in June and July and then the top in October. There's a little dip here due to end of year tax harvesting so I bought another $ 600 today. If it does as well as I think it will, I'm going to tell my boss in April that'll i see him in December 😄 and go travel.click to expand
That's great!
Posted by RealTalkPosted by SoulPosted by RealTalkI feel the amount of people who became millionaires and never have to work again from Bitcoin are like 0.1%Posted by SoulI made money from it & so have a plethora of other people. LMAO.
No one will ever actually make money from this bs. Its all rigged. I hate how much the idea of Bitcoin actual scams intelligent people.
click to expand
The amount of time and effort people put into the nonsense could have been spend on developing a permanent talent or skill that would have profited them well beyond a basic crypto scam. I can see that logic from miles away. I just see these people addicted to these ideas and brag how they made 10k over the last 7 years. Good job.
click to expand
I never said anything about millionaires. I said I've made money from it & so have others. 10k in 7 years of FREE money that was invested, is better than no money. Multiple streams of income is how you become rich & making passive income with BTC has worked for me & don't give a shit if people think it's a scam. I profited off of the scam lmao...click to expand
I'll be honest, some days I feel like I'm a different person. Like right now the idea of Bitcoin and crypto in general doesn't bother me at all. I think I just have personal problems in general. Not sure why Bitcoin is kind of a trigger word for me. It's probably because a person I was close to in highschool does nothing but post about it on FB, and no one actually cares. It ends up annoying. So even if it's a positive thing for people, it just gets annoying to me. So I do what I've always done and come to dxpnet to vent how annoyed I am. Which is actually annoying. I'm actually now annoyed I've said annoying so much that I'm actually annoyed at myself. That's typically how social media and doom scrolling works for me.
I actually know nothing about Bitcoin. My attention span is too small to even attempt to learn about it, which should be more then obvious. So you do what you see fun and entertaining. I hope you make a fortune, or at the very least, a net positive with that stuff.
Posted by SoulPosted by RealTalkPosted by SoulI never said anything about millionaires. I said I've made money from it & so have others. 10k in 7 years of FREE money that was invested, is better than no money. Multiple streams of income is how you become rich & making passive income with BTC has worked for me & don't give a shit if people think it's a scam. I profited off of the scam lmao...Posted by RealTalkI feel the amount of people who became millionaires and never have to work again from Bitcoin are like 0.1%Posted by SoulI made money from it & so have a plethora of other people. LMAO.
No one will ever actually make money from this bs. Its all rigged. I hate how much the idea of Bitcoin actual scams intelligent people.
click to expand
The amount of time and effort people put into the nonsense could have been spend on developing a permanent talent or skill that would have profited them well beyond a basic crypto scam. I can see that logic from miles away. I just see these people addicted to these ideas and brag how they made 10k over the last 7 years. Good job.
click to expand
click to expand
I'll be honest, some days I feel like I'm a different person. Like right now the idea of Bitcoin and crypto in general doesn't bother me at all. I think I just have personal problems in general. Not sure why Bitcoin is kind of a trigger word for me. It's probably because a person I was close to in highschool does nothing but post about it on FB, and no one actually cares. It ends up annoying. So even if it's a positive thing for people, it just gets annoying to me. So I do what I've always done and come to dxpnet to vent how annoyed I am. Which is actually annoying. I'm actually now annoyed I've said annoying so much that I'm actually annoyed at myself. That's typically how social media and doom scrolling works for me.
I actually know nothing about Bitcoin. My attention span is too small to even attempt to learn about it, which should be more then obvious. So you do what you see fun and entertaining. I hope you make a fortune, or at the very least, a net positive with that stuff.click to expand
LOL..Thanks.
There was a new development no one noticed, so let me write it here, as there is not a single outlet right now on the internet, where I can write this and it won't be deleted:
They (same They as own the US dollar) invented 'bitcoin' kind of around 2002-2004 (tech existed in the 80s) if I remember correctly, and pretended it will be called Amero, a digital currency for NA. Not sure if anyone remembers, but they were spamming us with this info in order to get us used to the idea. Once 2008/9 happened, the entire Amero rhetoric died out, and bitcoin showed up. They invented a Central Bank for crypto called Tether. Exactly like USD but no oversight. Using that USDT they stages these repeated "bull markets" for crypto, and got humans chasing it. They staged a fake "CBDC" debate in order for people to hate it (Trump hated it, the guy from Florida hated it, etc -- all the pro Israel people). Donald Trump 3 days ago signed an order that prohibits any government agency from creating CBDC. In simple words: People of USA will not be able to have their own currency. What he signed is exactly what we have been struggling for 300 years in USA. We can not have our own money created at the US Treasury. It's one of the reasons why JFK got killed. Trump's entire run for presidency was staged, with a help of super incompetent Biden/Obama/ and the rest of the scammers. Now he is scamming humans with a "meme" coin.
Bitcoin will become new US currency, and price will be artistically controlled, like everything else. Will it fail? Most likely. Will you make money? None.
They (same They as own the US dollar) invented 'bitcoin' kind of around 2002-2004 (tech existed in the 80s) if I remember correctly, and pretended it will be called Amero, a digital currency for NA. Not sure if anyone remembers, but they were spamming us with this info in order to get us used to the idea. Once 2008/9 happened, the entire Amero rhetoric died out, and bitcoin showed up. They invented a Central Bank for crypto called Tether. Exactly like USD but no oversight. Using that USDT they stages these repeated "bull markets" for crypto, and got humans chasing it. They staged a fake "CBDC" debate in order for people to hate it (Trump hated it, the guy from Florida hated it, etc -- all the pro Israel people). Donald Trump 3 days ago signed an order that prohibits any government agency from creating CBDC. In simple words: People of USA will not be able to have their own currency. What he signed is exactly what we have been struggling for 300 years in USA. We can not have our own money created at the US Treasury. It's one of the reasons why JFK got killed. Trump's entire run for presidency was staged, with a help of super incompetent Biden/Obama/ and the rest of the scammers. Now he is scamming humans with a "meme" coin.
Bitcoin will become new US currency, and price will be artistically controlled, like everything else. Will it fail? Most likely. Will you make money? None.
Posted by Solo
You had me and lost me. What you first stated doesn't have anything to do with Trump pulling a rug? Rugs have been happening. I'm not seeing how the CBDC stuff has any bearing on memecoins.
You did not understand a single thing I wrote. Glad I lost you.
Ugh where's the philosophers stone so we can convert basic metals into gold.
Posted by NotAScorpio
Lol this hype guy
Always hyping
Neglects to mention that bitcoin has dropped $ 10k since he made the thread.
In fact, he made the thread asking will the value ever go down at the exact point when it started going down lol
and no mention of it...
I hate know-it-all mugs like him. I rly hope it tanks down to $ 20k
Just spews the same as all other btc blind bulls. Blackrock, etfs blah blah
The fact is not many people actually use bitcoin as a payment method. All it is now is fomo "buy bitcoin you don't want to miss out!"
Thats why guys like him have to constantly try and hype it because subconciously they know that they are sitting on a massively overinflated price compared to actual utility
Hope he gets burnt just because he seems like a complete dickwad of a person
It's at $ 116,298 with massive adoption. I started this thread when it was at $ 67,000. Too funny looking back at this thread at the clowns like this guy or Markthegemtroll and Undine who deleted. Make a thread to help people get out of wage slavery and this is the thanks I get 😄
I can't relate to being so paranoid about government involvement in my transactions that I only make individual-to-individual international purchases via bitcoin. which is ironically being shilled by every investment platform. shit, even Paypal and Venmo. but no one thinks that its sus that Wall Street encourages crypto investment so hard.
There will always be people wanting to buy drugs, guns, CP, arsenic, etc on the darkweb (or even clearweb that I've seen), so crypto will be relevant and valued for that for as long as possible.
crypto and darkweb go hand in hand in that if you're too interested in either, you are likely to have some nefarious secrets.
There will always be people wanting to buy drugs, guns, CP, arsenic, etc on the darkweb (or even clearweb that I've seen), so crypto will be relevant and valued for that for as long as possible.
crypto and darkweb go hand in hand in that if you're too interested in either, you are likely to have some nefarious secrets.
Nightcap been real quiet since bitcoin dropped 🤣
I purchased Near but it's price has been declining.. now here is the thing, who bought the largest amount of coins at this current moment? Isn't that guy who produced Tesla?
That means, he has the upper hand for power game of (i forgot a word for that) .. who had been mining and how did mining work?
I mean im sorry but that type of system can be real fakey i must say.. you gotta own sandbox then metaverse will take on something then you gotta put your token in to place yourself in designing projects for selling online again connecting to certain corporates to reach market then choose caredully in which market to place your digital prducts. Shit like that is so NEAR. But again this little owner of near coin (both loteral and methaporically whatever coin you name it) isn't come near if that corporate foesn't emp up for any virtual world we live in. Geesuzz!
That means, he has the upper hand for power game of (i forgot a word for that) .. who had been mining and how did mining work?
I mean im sorry but that type of system can be real fakey i must say.. you gotta own sandbox then metaverse will take on something then you gotta put your token in to place yourself in designing projects for selling online again connecting to certain corporates to reach market then choose caredully in which market to place your digital prducts. Shit like that is so NEAR. But again this little owner of near coin (both loteral and methaporically whatever coin you name it) isn't come near if that corporate foesn't emp up for any virtual world we live in. Geesuzz!
I'd say screw bitcoins!
I can use canva and digit-alize meself to do stuff but hey capital.. capricorn.. ring bells, everyone?
Hotel california.. i am not a hoe.. you can't use me to dig soil unless there is gold.. now where is Elle when u need her the most? Ain't no game here over to you..
What ethereum do you purchase today?
I can use canva and digit-alize meself to do stuff but hey capital.. capricorn.. ring bells, everyone?
Hotel california.. i am not a hoe.. you can't use me to dig soil unless there is gold.. now where is Elle when u need her the most? Ain't no game here over to you..
What ethereum do you purchase today?
Just watched a content from X.
This is so complicated ..
"During bull markets, income found MAY be underperformed." In that case, bearish markets..the outcome of growth may ensue.. whereas Options are relying on how stocks performs and commodities may have been transferred in places in which dividends can be returned in those markets so as to create prices in bullish market will definitely slow down economy in parts of the world. Yeah, let me get back to bitcoins and how prices are dealt.
Because they say even high votality of real markets, whether it's stocks and forex, there is still another option which is bitcoin that costs corporates to withdraw their own prices to be taken in another form of, let's call it.. revenue.
Anyone here bought products of the whole game of bitcoin market? What product did/do you choose to have?
I still can't find enough equity to fund those companies and again, Near is sliding down so if Iand myself to any companies, I may as well fund them but with kicking side of Gold investment (in which I had been a trainee for that). This cold call I was having may have turned inside out by now, I may as well come to that company again and check if they still exist and if I still have the chance to work there.
This is so complicated ..
"During bull markets, income found MAY be underperformed." In that case, bearish markets..the outcome of growth may ensue.. whereas Options are relying on how stocks performs and commodities may have been transferred in places in which dividends can be returned in those markets so as to create prices in bullish market will definitely slow down economy in parts of the world. Yeah, let me get back to bitcoins and how prices are dealt.
Because they say even high votality of real markets, whether it's stocks and forex, there is still another option which is bitcoin that costs corporates to withdraw their own prices to be taken in another form of, let's call it.. revenue.
Anyone here bought products of the whole game of bitcoin market? What product did/do you choose to have?
I still can't find enough equity to fund those companies and again, Near is sliding down so if Iand myself to any companies, I may as well fund them but with kicking side of Gold investment (in which I had been a trainee for that). This cold call I was having may have turned inside out by now, I may as well come to that company again and check if they still exist and if I still have the chance to work there.
Bitcoin is indeed decentralized. But to get a chip of coin, you have to B centralized in Nasdaq, right?
Posted by Nightcap-Posted by NotAScorpio
Lol this hype guy
Always hyping
Neglects to mention that bitcoin has dropped $ 10k since he made the thread.
In fact, he made the thread asking will the value ever go down at the exact point when it started going down lol
and no mention of it...
I hate know-it-all mugs like him. I rly hope it tanks down to $ 20k
Just spews the same as all other btc blind bulls. Blackrock, etfs blah blah
The fact is not many people actually use bitcoin as a payment method. All it is now is fomo "buy bitcoin you don't want to miss out!"
Thats why guys like him have to constantly try and hype it because subconciously they know that they are sitting on a massively overinflated price compared to actual utility
Hope he gets burnt just because he seems like a complete dickwad of a person
It's at $ 116,298 with massive adoption. I started this thread when it was at $ 67,000. Too funny looking back at this thread at the clowns like this guy or Markthegemtroll and Undine who deleted. Make a thread to help people get out of wage slavery and this is the thanks I get 😄click to expand
You know what you can do?
Buy 1 that is declining in price, then find enough difference that is suitable for you to compensate your out-figure and find the one rising in price and buy it too. Sell when your profit when there is remainder, predict first then watch.. when the time is right, then boom! You make a trader out of yourself. More money, more diversified.. your options are.. stop-loss.
I need crypto to stop falling so the US indices can stop falling. #kthxbye 🤓
Precious metals ten years ago would have been the rage. Not this mess.
Rumour has it alt coins may find ground after BTC & Eth drops below 50% of current value. Eek.
Rumour has it alt coins may find ground after BTC & Eth drops below 50% of current value. Eek.
Imo, Bitcoins is just a way to get yourself out of conventional banking system that is set by IMF.
Because banking system has some sort of hierarchy to it.
I don't know how the amount of bitcoin you own can leverage a business shark to get loans from banks though..
Also the liquidity is still weak, at least to my view.
But since AI is growing like there is no tomorrow, at some point in the future ethereal money like that will be widely used and bank notes will be gone completely. Money will be all numbers on your screen. Everyone won't need an actual wallet.
Because banking system has some sort of hierarchy to it.
I don't know how the amount of bitcoin you own can leverage a business shark to get loans from banks though..
Also the liquidity is still weak, at least to my view.
But since AI is growing like there is no tomorrow, at some point in the future ethereal money like that will be widely used and bank notes will be gone completely. Money will be all numbers on your screen. Everyone won't need an actual wallet.
Posted by WhiskItPosted by Nightcap-Posted by NotAScorpio
Lol this hype guy
Always hyping
Neglects to mention that bitcoin has dropped $ 10k since he made the thread.
In fact, he made the thread asking will the value ever go down at the exact point when it started going down lol
and no mention of it...
I hate know-it-all mugs like him. I rly hope it tanks down to $ 20k
Just spews the same as all other btc blind bulls. Blackrock, etfs blah blah
The fact is not many people actually use bitcoin as a payment method. All it is now is fomo "buy bitcoin you don't want to miss out!"
Thats why guys like him have to constantly try and hype it because subconciously they know that they are sitting on a massively overinflated price compared to actual utility
Hope he gets burnt just because he seems like a complete dickwad of a person
It's at $ 116,298 with massive adoption. I started this thread when it was at $ 67,000. Too funny looking back at this thread at the clowns like this guy or Markthegemtroll and Undine who deleted. Make a thread to help people get out of wage slavery and this is the thanks I get 😄click to expand
You know what you can do?
Buy 1 that is declining in price, then find enough difference that is suitable for you to compensate your out-figure and find the one rising in price and buy it too. Sell when your profit when there is remainder, predict first then watch.. when the time is right, then boom! You make a trader out of yourself. More money, more diversified.. your options are.. stop-loss.click to expand
Or you could just... short it?
The vast majority of people involved in bitcoin aren't traders. They just buy it hoping it will go up in price and make them rich. Their entire decision to invest is based on "it's gone up a lot in price before". That's why they are so emotionally invested like NightCap and why they try to shout down anyone who suggests the price of bitcoin might not always go up
Posted by WhiskItPosted by Nightcap-Posted by NotAScorpio
Lol this hype guy
Always hyping
Neglects to mention that bitcoin has dropped $ 10k since he made the thread.
In fact, he made the thread asking will the value ever go down at the exact point when it started going down lol
and no mention of it...
I hate know-it-all mugs like him. I rly hope it tanks down to $ 20k
Just spews the same as all other btc blind bulls. Blackrock, etfs blah blah
The fact is not many people actually use bitcoin as a payment method. All it is now is fomo "buy bitcoin you don't want to miss out!"
Thats why guys like him have to constantly try and hype it because subconciously they know that they are sitting on a massively overinflated price compared to actual utility
Hope he gets burnt just because he seems like a complete dickwad of a person
It's at $ 116,298 with massive adoption. I started this thread when it was at $ 67,000. Too funny looking back at this thread at the clowns like this guy or Markthegemtroll and Undine who deleted. Make a thread to help people get out of wage slavery and this is the thanks I get 😄click to expand
You know what you can do?
Buy 1 that is declining in price, then find enough difference that is suitable for you to compensate your out-figure and find the one rising in price and buy it too. Sell when your profit when there is remainder, predict first then watch.. when the time is right, then boom! You make a trader out of yourself. More money, more diversified.. your options are.. stop-loss.click to expand
You're talking about hedging, as far as I can understand your post
Posted by WizardzzzPosted by WhiskItPosted by Nightcap-Posted by NotAScorpio
Lol this hype guy
Always hyping
Neglects to mention that bitcoin has dropped $ 10k since he made the thread.
In fact, he made the thread asking will the value ever go down at the exact point when it started going down lol
and no mention of it...
I hate know-it-all mugs like him. I rly hope it tanks down to $ 20k
Just spews the same as all other btc blind bulls. Blackrock, etfs blah blah
The fact is not many people actually use bitcoin as a payment method. All it is now is fomo "buy bitcoin you don't want to miss out!"
Thats why guys like him have to constantly try and hype it because subconciously they know that they are sitting on a massively overinflated price compared to actual utility
Hope he gets burnt just because he seems like a complete dickwad of a person
It's at $ 116,298 with massive adoption. I started this thread when it was at $ 67,000. Too funny looking back at this thread at the clowns like this guy or Markthegemtroll and Undine who deleted. Make a thread to help people get out of wage slavery and this is the thanks I get 😄click to expand
You know what you can do?
Buy 1 that is declining in price, then find enough difference that is suitable for you to compensate your out-figure and find the one rising in price and buy it too. Sell when your profit when there is remainder, predict first then watch.. when the time is right, then boom! You make a trader out of yourself. More money, more diversified.. your options are.. stop-loss.click to expand
You're talking about hedging, as far as I can understand your postclick to expand
Yes, that's correct. Have you perhaps invested too somewhere?
Nightcap genuinely believing he knows anything and that he's not just another fomo moonboy is the funniest shit ever 😅
Posted by MyStarsShinePosted by Undine
It never had any intrinsic value to begin with.
Are you kidding … people that bought it for a few cents years ago and held it are millionaires nowclick to expand
No currency has intrinsic value. It only has value because its backed up by something it used to be gold now its often govt promises. Or a guaranttee.
If something cannot be BOUGHT all logic says it can't be sold. A seller needs a buyer.
Right now there is a huge sell off. Which in a way is good because its taking part in the market.
People say bitcoin is backed by nothing. That isn't true. Its backed by market value.
But that sort of says whatever the market value of that currency is the real value. But we know it isn't ... its likely it will rise again etc but not for the next year or two.
I hear some people say that scarcity backs bitcoin. That isnt really true. Infact scarcity works against it.
What makes bitcoin valuable is the fact you can use it to trade literally market value that is all. Its technically a dead currency you dont really buy a lot with it.
But that doesnt mean its not valuable. Its volatility tho means it will never be for everyone.
As a long term investment for some it can be good though.
The more i have studied it im not even sure govt or physical backing etc would work for it.
Basically the fact you can't buy much doesnt really mean anything .. in my very amatuer opinion. The only thing that matters is market value and predicted market value. And Im not even sure bitcoin value is affected as much by that.
This recent crash was driven by geopolitics and the prediction by its users that there will be less cash to buy it and by the fact that probably some holders want to put the their money into other assets or they literally need their cash.
If there is no buyer ... its possible unless a govt backs it up that it could lose value.
If a commodity has no access to the market how do you assess value?
I am not well enough informed as to where in the world the most is owned or if any govt has guarantteed it.
But well its unlikely a national govt will guaranttee ALL bit coin. I mean they can't even regulate the entire market.
The market can't regulate commodities that dont have access to the market for whatever reason.
Its also dropped below 80k. And some have predicted it will fall as low as 30k.
This doesnt mean you should not buy it ... but it might mean you should wait a bit to buy it because it will be cheaper soon.
Im not expert though.
All currencies die though.
Posted by Soul
I think the thing that pisses me off the most about this topic are the people who are actually intelligent, yet buy into the scam. It's like wasted intelligence, which is worse then being stupid. They talk so much about how they know the process, and will make millions, and literally make next to nothing. Those who do brag and made actual money are the equivalent of some dumb fuck that won the lottery then says "See, I knew a crippling gambling addiction would eventually pay off!" Stop waisting your time, and use your intelligence for something that will indefinitely make you money without RNG. You stupid bitch. It's so frustrating to see people here I actually thought were intelligent buy into an actual scam. How can you not see how ignorant you are? It literally makes me want to unhinge.
I would not go that far.
I think the issue is its not for ordinary people. Its for institutional entities and corporate entities not for you and me.
Sure people work in those and make decisions but its not their money. As of March 2023, the top 1% of Bitcoin addresses hold over 90% of the total Bitcoin supply, according to Bitinfocharts.
People get the figures wrong.
If you invested 1k in 2010 .. you would have one billion.
Strangely naive people expected that to grow.
Of course it didn't.
So if you invested the same amount in 2015 you would only have 400k.
The diff between 400k and 1 billion is HUGE obviously.
So if you invest NOW .. the growth will be less even probably.
The more a product is used the more saturated the market it and since bitcoin is not backed it behaves in some ways more like a commodity.
Its not a scam. But the people who talk about it .. dont know.
People who invested in it early are gambling yeah.. but that is what investors do. And by investors i mean corporations who hire teams and computers to throw spaghetti carefully at the wall to see where it sticks.
They didnt get lucky .. they invested slowly ...1 k for a corporation in 2010 isnt that much to lose.
Not all forms of gambling are a lottery. There is blackjack 😛
Also something being REALLY valuable doesnt mean its suitable to back currency.
It has to be something that doest degrade easily and that you can store fairly easily. Logistics.
Palladium is I think the most rare useless metal but its not good to back anything ..
Thulium has a reputation for uselessness and obscurity, truly rare.. but you cant use it for anything so its pretty useless. There is little demand so I dont think that it is worth much.
"The world production of scandium is in the order of 10 tonnes per year, in the form of scandium oxide. The demand is about 50% higher, and both the production and demand keep increasing."
So its worth a lot.
Also if extraction is hard it brings value down as predicted profit will be less. So for example oil that has to be fracked is worth less than oil that you can just drill normally for.
So
It has to be something that doest degrade easily and that you can store fairly easily. Logistics.
Palladium is I think the most rare useless metal but its not good to back anything ..
Thulium has a reputation for uselessness and obscurity, truly rare.. but you cant use it for anything so its pretty useless. There is little demand so I dont think that it is worth much.
"The world production of scandium is in the order of 10 tonnes per year, in the form of scandium oxide. The demand is about 50% higher, and both the production and demand keep increasing."
So its worth a lot.
Also if extraction is hard it brings value down as predicted profit will be less. So for example oil that has to be fracked is worth less than oil that you can just drill normally for.
So
Posted by stope2pt0
Ugh where's the philosophers stone so we can convert basic metals into gold.
Gold would then be worthless. And would not be suitable to back currency. Although not sure it even does now.
Just do a lil bit so no one notices 😛
Posted by stope2pt0
Ugh where's the philosophers stone so we can convert basic metals into gold.
Gold would then be worthless. And would not be suitable to back currency. Although not sure it even does now.
Just do a lil bit so no one notices 😛
Posted by TextosmoonPosted by Soul
I think the thing that pisses me off the most about this topic are the people who are actually intelligent, yet buy into the scam. It's like wasted intelligence, which is worse then being stupid. They talk so much about how they know the process, and will make millions, and literally make next to nothing. Those who do brag and made actual money are the equivalent of some dumb fuck that won the lottery then says "See, I knew a crippling gambling addiction would eventually pay off!" Stop waisting your time, and use your intelligence for something that will indefinitely make you money without RNG. You stupid bitch. It's so frustrating to see people here I actually thought were intelligent buy into an actual scam. How can you not see how ignorant you are? It literally makes me want to unhinge.
I would not go that far.
I think the issue is its not for ordinary people. Its for institutional entities and corporate entities not for you and me.
Sure people work in those and make decisions but its not their money. As of March 2023, the top 1% of Bitcoin addresses hold over 90% of the total Bitcoin supply, according to Bitinfocharts.
People get the figures wrong.
If you invested 1k in 2010 .. you would have one billion.
Strangely naive people expected that to grow.
Of course it didn't.
So if you invested the same amount in 2015 you would only have 400k.
The diff between 400k and 1 billion is HUGE obviously.
So if you invest NOW .. the growth will be less even probably.
The more a product is used the more saturated the market it and since bitcoin is not backed it behaves in some ways more like a commodity.
Its not a scam. But the people who talk about it .. dont know.
People who invested in it early are gambling yeah.. but that is what investors do. And by investors i mean corporations who hire teams and computers to throw spaghetti carefully at the wall to see where it sticks.
They didnt get lucky .. they invested slowly ...1 k for a corporation in 2010 isnt that much to lose.
Not all forms of gambling are a lottery. There is blackjack 😛
click to expand
I'll admit, I was vastly ignorant about this entire topic, and likely intoxicated. I think I admitted that at some point in this specific thread, but if not I am now.
NightClown you ok bro? What happened to the massive adoption store of value digital gold institution updates? Why aren't you keeping us updated on all the etf inflows you kept harping on about? I'm rly worried about you
8 grand overnight.
All coins are free falling.
All coins are free falling.
Posted by victoria-sakura
I need crypto to stop falling so the US indices can stop falling. #kthxbye 🤓
Now everything's falling...
Posted by stope2pt0
8 grand overnight.
All coins are free falling.
Good time to buy those dips though
Unfortunately, I had to exit Binance and erase my blockchain traces, because of a totalitarian anti-crypto law by the EUSSR that entered in function in january. FREXIT and republicexit can't come too soon. And now it's become very difficult to buy more crypto, which is a torture because BTC is bottoming and I would put half my savings into that shit if I could.
Posted by SoulPosted by TextosmoonPosted by Soul
I think the thing that pisses me off the most about this topic are the people who are actually intelligent, yet buy into the scam. It's like wasted intelligence, which is worse then being stupid. They talk so much about how they know the process, and will make millions, and literally make next to nothing. Those who do brag and made actual money are the equivalent of some dumb fuck that won the lottery then says "See, I knew a crippling gambling addiction would eventually pay off!" Stop waisting your time, and use your intelligence for something that will indefinitely make you money without RNG. You stupid bitch. It's so frustrating to see people here I actually thought were intelligent buy into an actual scam. How can you not see how ignorant you are? It literally makes me want to unhinge.
I would not go that far.
I think the issue is its not for ordinary people. Its for institutional entities and corporate entities not for you and me.
Sure people work in those and make decisions but its not their money. As of March 2023, the top 1% of Bitcoin addresses hold over 90% of the total Bitcoin supply, according to Bitinfocharts.
People get the figures wrong.
If you invested 1k in 2010 .. you would have one billion.
Strangely naive people expected that to grow.
Of course it didn't.
So if you invested the same amount in 2015 you would only have 400k.
The diff between 400k and 1 billion is HUGE obviously.
So if you invest NOW .. the growth will be less even probably.
The more a product is used the more saturated the market it and since bitcoin is not backed it behaves in some ways more like a commodity.
Its not a scam. But the people who talk about it .. dont know.
People who invested in it early are gambling yeah.. but that is what investors do. And by investors i mean corporations who hire teams and computers to throw spaghetti carefully at the wall to see where it sticks.
They didnt get lucky .. they invested slowly ...1 k for a corporation in 2010 isnt that much to lose.
Not all forms of gambling are a lottery. There is blackjack 😛
click to expand
I'll admit, I was vastly ignorant about this entire topic, and likely intoxicated. I think I admitted that at some point in this specific thread, but if not I am now.click to expand
Intoxicated chats about complex issues at 3 in the morning are my fav chats 😛
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