Bitcoin thread

4,596 Views | 104 Replies | Last: 5 days ago by DiabloWags
Cal88
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Cal88
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dajo9
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No doubt all the investors here sold at the top
PAC-10-BEAR
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DiabloWags
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Sounds like someone here who posted on JAN. 14th:

"The time to buy Bitcoin is now"

Cults don't end well. They really don't.
smh
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DiabloWags said:

Sounds like someone here who posted on JAN.14th:
"The time to buy Bitcoin is now"

heard tell there's a sucker born every Minute [ NY, or not ]
DiabloWags
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smh said:

DiabloWags said:

Sounds like someone here who posted on JAN.14th:
"The time to buy Bitcoin is now"

heard tell there's a sucker born every Minute [ NY, or not ]


Bingo.
PAC-10-BEAR
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DiabloWags said:

Sounds like someone here who posted on JAN. 14th:

"The time to buy Bitcoin is now"

For you, you'll start buying after it passes all-time highs.
DiabloWags
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PAC-10-BEAR said:

DiabloWags said:

Sounds like someone here who posted on JAN. 14th:

"The time to buy Bitcoin is now"

For you, you'll start buying after it passes all-time highs.


Cool story.
Do you need a snorkel?

Or is being underwater $20,000 in just a few weeks no big deal?

Do you usually make financial recommendations on a message board? Are you a registered investment advisor?

How To Take Investing Advice From Social Media: Experts Weigh In

https://share.google/uYulYcBGADse44U91
oski003
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PAC-10-BEAR said:

DiabloWags said:

Sounds like someone here who posted on JAN. 14th:

"The time to buy Bitcoin is now"

For you, you'll start buying after it passes all-time highs.


You likely said this when it was 10k, then 20k, then 30k, then 50k, then 100k and so on. Pompous jerks likely mocked you the whole way. It is what it is. You can't teach an old, angry dog new tricks.
DiabloWags
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From $95 000 to $73,000 in just 3 weeks.
- 23%

Bingo!
oski003
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DiabloWags said:

From $95 000 to $73,000 in just 3 weeks.
- 23%

Bingo!



You did it. You finally deserve this.

https://share.google/uY8aPnc3AUdkIMfrZ
DiabloWags
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oski003 said:

PAC-10-BEAR said:

DiabloWags said:

Sounds like someone here who posted on JAN. 14th:

"The time to buy Bitcoin is now"

For you, you'll start buying after it passes all-time highs.


You likely said this when it was 10k, then 20k, then 30k, then 50k, then 100k and so on. Pompous jerks likely mocked you the whole way. It is what it is. You can't teach an old, angry dog new tricks.


Thanks for your reply to me at 10:58 PM and again this morning at 4:11 AM on this subject.

Seems like it really is at the top of your thought process right now.
Just before you go to bed and then when you wake up.
Is it because you are experiencing a drawdown?

Sadly, your "narrative" and comment omits and fails to address the following fact for Bitcoin investors:

You're not early anymore.
This isn't early innings of the ballgame.

In past drawdowns, people like yourself and your comment above could tell themselves things like "We're so early!".
"This is what they likely said at $10k, then $20k, then $30k, then $50k, and then $100k."

Well, noboby buys that anymore and there are numerous crypto ETF's right now along with zero barriers at this point to anyone buying it. You also have an incredibly crypto-friendly administration.

In other words, BITCOIN is fully MAINSTREAM.

And it's been absolutely clobbered by Gold and Silver when it comes to non-dollar storage of value.

Thanks!




BearlySane88
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DiabloWags said:

oski003 said:

PAC-10-BEAR said:

DiabloWags said:

Sounds like someone here who posted on JAN. 14th:

"The time to buy Bitcoin is now"

For you, you'll start buying after it passes all-time highs.


You likely said this when it was 10k, then 20k, then 30k, then 50k, then 100k and so on. Pompous jerks likely mocked you the whole way. It is what it is. You can't teach an old, angry dog new tricks.


Thanks for your reply to me at 10:58 PM and again this morning at 4:11 AM on this subject.

Seems like it really is at the top of your thought process right now.
Just before you go to bed and then when you wake up.
Is it because you are experiencing a drawdown?

Sadly, your "narrative" and comment omits and fails to address the following fact for Bitcoin investors:

You're not early anymore.
This isn't early innings of the ballgame.

In past drawdowns, people like yourself and your comment above could tell themselves things like "We're so early!".
"This is what they likely said at $10k, then $20k, then $30k, then $50k, and then $100k."

Well, noboby buys that anymore and there are numerous crypto ETF's right now along with zero barriers at this point to anyone buying it. You also have an incredibly crypto-friendly administration.

In other words, BITCOIN is fully MAINSTREAM.

And it's been absolutely clobbered by Gold and Silver when it comes to non-dollar storage of value.

Thanks!







No words for your lack of self awareness
DiabloWags
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Flagged for "Flame Post with no meaningful information"
oski003
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DiabloWags said:

oski003 said:

PAC-10-BEAR said:

DiabloWags said:

Sounds like someone here who posted on JAN. 14th:

"The time to buy Bitcoin is now"

For you, you'll start buying after it passes all-time highs.


You likely said this when it was 10k, then 20k, then 30k, then 50k, then 100k and so on. Pompous jerks likely mocked you the whole way. It is what it is. You can't teach an old, angry dog new tricks.


Thanks for your reply to me at 10:58 PM and again this morning at 4:11 AM on this subject.

Seems like it really is at the top of your thought process right now.
Just before you go to bed and then when you wake up.
Is it because you are experiencing a drawdown?

Sadly, your "narrative" and comment omits and fails to address the following fact for Bitcoin investors:

You're not early anymore.
This isn't early innings of the ballgame.

In past drawdowns, people like yourself and your comment above could tell themselves things like "We're so early!".
"This is what they likely said at $10k, then $20k, then $30k, then $50k, and then $100k."

Well, noboby buys that anymore and there are numerous crypto ETF's right now along with zero barriers at this point to anyone buying it. You also have an incredibly crypto-friendly administration.

In other words, BITCOIN is fully MAINSTREAM.

And it's been absolutely clobbered by Gold and Silver when it comes to non-dollar storage of value.

Thanks!




I disagree. Bitcoin is much more volatile than gold and silver but it is not at the top. Every time it drops you act like a kid in a candy store. Fortunately for others, it rebounds and then goes higher. There was an argument for it being more mainstream every step of the way, and there will be a new one on its next leg up. Thanks.

Signed, oski003 at 910 AM PST.
DiabloWags
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From $460 to $112.

Like I said, it's not early anymore.



BearlySane88
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DiabloWags said:

Flagged for "Flame Post with no meaningful information"



You gonna denounce SMH for being a racist or keep ignoring it?
DiabloWags
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BearlySane88 said:

DiabloWags said:

Flagged for "Flame Post with no meaningful information"



You gonna denounce SMH for being a racist or keep ignoring it?


Sorry, but I don't fall prey to "whataboutism".
This thread is about BITCOIN.
BearlySane88
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DiabloWags said:

BearlySane88 said:

DiabloWags said:

Flagged for "Flame Post with no meaningful information"



You gonna denounce SMH for being a racist or keep ignoring it?


Sorry, but I don't fall prey to "whataboutism".
This thread is about BITCOIN.



So no is your answer. Feel free to denounce it in any other thread since you've called Trump and the right racists many times in this board
DiabloWags
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The BITCOIN CRASH continues . . .

DOWN $30,000 in 3 weeks.

dajo9
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Bitcoin has always been nothing more than a measure of excess liquidity in the market
DiabloWags
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For those that are unaware, the GENIUS Act was enacted on July 18 of last year.

It gave the government's seal of approval for the use of stablecoin, which is backed by Treasury bills and other liquid assets. That eliminated the transaction demand for bitcoin, which is proving to be a very poor store of value.

For some reason, the BITCOIN Bros conveniently ignore this.

The Stable GENIUS at work!



cal83dls79
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DiabloWags said:

From $460 to $112.

Like I said, it's not early anymore.




what would the Y axis scale be if same graph were published by the WH and then regurgitated here?
Priest of the Patty Hearst Shrine
oski003
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cal83dls79 said:

DiabloWags said:

From $460 to $112.

Like I said, it's not early anymore.




what would the Y axis scale be if same graph were published by the WH and then regurgitated here?


The X axis would likely start in 2020, when Bitcoin was $7,500 per coin. It then went up to $60,000 and dropped to $16,000 before breaking $100,000.
DiabloWags
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cal83dls79 said:

DiabloWags said:

From $460 to $112.

Like I said, it's not early anymore.





what would the Y axis scale be if same graph were published by the WH and then regurgitated here?


Ask Eric Trump.



Cal88
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PAC-10-BEAR
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JPMorgan says Bitcoin is "more attractive" than gold long term.

Bitcoin fundamentals haven't changed despite downward price action.
Cal88
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PAC-10-BEAR said:

JPMorgan says Bitcoin is "more attractive" than gold long term.

Bitcoin fundamentals haven't changed despite downward price action.


Sounds a bit optimistic to me...

They say it's less volatile than gold, but it did drop 13% today.

Quote:

Bitcoin could reach $266,000 "over the long term" as it increasingly looks more attractive than gold, even as crypto markets face near-term pressure from weak sentiment, according to JPMorgan analysts.

DiabloWags
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PAC-10-BEAR said:


Bitcoin fundamentals haven't changed despite downward price action.


Quote:

The system is STARVING for liquidity.

In a true margin call event, funds don't sell what they want to sell.

They sell what they can sell.

Gold, Silver, and Crypto are liquid, profitable positions for many, making them the first piggy bank to get smashed when the margin clerks come calling.

THIS IS A LIQUIDITY CRISIS.



But you can't name what asset class experienced the margin call that created the liquidity crisis can you?

It might help to have an understanding of what you are "cutting and pasting" before you post it.
Just sayin'.




PAC-10-BEAR
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Cal88 said:

PAC-10-BEAR said:

JPMorgan says Bitcoin is "more attractive" than gold long term.

Bitcoin fundamentals haven't changed despite downward price action.


Sounds a bit optimistic to me...

They say it's less volatile than gold, but it did drop 13% today.

Quote:

Bitcoin could reach $266,000 "over the long term" as it increasingly looks more attractive than gold, even as crypto markets face near-term pressure from weak sentiment, according to JPMorgan analysts.



Bitcoin is a much smaller asset than gold and more liquid than physical gold so it will be more volatile both on the upside and downside. That being said, I don't trust anything Jamie Dimon says about bitcoin and only watch what they do with it.
DiabloWags
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PAC-10-BEAR said:

Cal88 said:

PAC-10-BEAR said:

JPMorgan says Bitcoin is "more attractive" than gold long term.

Bitcoin fundamentals haven't changed despite downward price action.


Sounds a bit optimistic to me...

They say it's less volatile than gold, but it did drop 13% today.

Quote:

Bitcoin could reach $266,000 "over the long term" as it increasingly looks more attractive than gold, even as crypto markets face near-term pressure from weak sentiment, according to JPMorgan analysts.



Bitcoin is a much smaller asset than gold and more liquid than physical gold so it will be more volatile both on the upside and downside. That being said, I don't trust anything Jamie Dimon says about bitcoin and only watch what they do with it.


And yet the MARGIN CALLS that you have been posting about claiming that they have forced people to sell profitable positions in the metals and bitcoin to meet those calls . . . don't exist.

There is NO asset class out there that is getting a margin call.

Cool story though!
lol




bearister
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" I don't trust anything Jamie Dimon says about bitcoin and only watch what they do with it."


I rely exclusively on these 3 fellas when I just absolutely, unequivocally, need the gospel truth on all things crypto.

*My BI brothers can consider this a GoFundMe. My home is being foreclosed on.
Cancel my subscription to the Resurrection
Send my credentials to the House of Detention
I got some friends inside

“I love Cal deeply, by the way, what are the directions to The Portal from Sproul Plaza?”
PAC-10-BEAR
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bearister said:

" I don't trust anything Jamie Dimon says about bitcoin and only watch what they do with it."

Dimon called bitcoin a Ponzi scheme as Morgan Stanley filed with the SEC to launch its own spot Bitcoin ETF earlier this year.
dajo9
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The scramble for liquidity is coming from the private credit market
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