Bitcoin
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- jonny_quest_lives2
"Sleepy, Creepy, Cowboy from the future"
- great piece. can't wait to hear him in front of live audiences againsarahfailin
- drgs1
https://twitter.com/michael_sayl…
"MicroStrategy has purchased an additional 13,005 bitcoins for ~$489 million in cash at an average price of ~$37,617 per bitcoin. As of 6/21/21 we #hodl ~105,085 bitcoins acquired for ~$2.741 billion at an average price of ~$26,080 per bitcoin. $MSTR"
Pain threshold at 26k, now we're definitely going to 26k
- This is the ex-military guy who got lucky (via The Old Boy's Network) back in the 90s but has never actually managed to produce much of actual value?Nairn
- wer, this says much
https://pbs.twimg.co…Nairn - Current market price: $32K BTCUSDgrafician
- Not today, but during this yeardrgs
- no drgs, I meant he is in the red by a lot lolgrafician
- and no, pain threshold is not 26k, he bought most of the new coins at well over that price!grafician
- the issue with this guy, he's emotionally compromised, and he makes no sense, holding vs. trading...oh well, that's why the call it "dumb money"grafician
- He also bought bunch of coins below 15k. Anyway, he can't sell 13000 bitcoins without pushing the price below his average cost 26k, so he is already underwaterdrgs
- autoflavour1
its where money goes to die
- yea dum retail money. play it right and ridiculous roi to be made.inteliboy
- I love that its where money goes to die.... while it's worth $30k. Was a few dollars when this thread started.inteliboy
- It's gambling. Vegas does pretty well, too. It's great as long as you know what it is and don't fall for the 'currency' or 'store of value'.formed
- Ironically, money isn’t lost in Bitcoin. It just changes hands. It doesn’t die and cannot.monospaced
- AQUTE2
I am buying at 26 or 27K
- If it goes under $30k it won't stop until $19k...grafician
- The best way to make a profit is to buy low and sell high.palimpsest
- chinamilfhunter
- i'm waiting too... buy a little more when it's way lowCalderone2000
- its never gonna go up anymore... it´s time is over .neverscared
- it's going up over time. it's the the best store of value we have at the moment.shapesalad
- thats an embarrsing thought pattern no one should not follow...and will soon.neverscared
- It is not a 'store of value', though. Nothing that plummets over 50% in a month 'stores' anything.formed
- If you really want to 'store value' you'll buy gold. Just look at the chart. Stable forever. Won't make you rich, but it 'stores value'.formed
- Gold works because it’s a real commodity. Maybe a bit inflated at the moment but always a decent buy.monospaced
- bitcoin is going down on its knees, then its time to kick its teeth out... so it will never create such a toxic hype which it is.neverscared
- again.neverscared
- I couldn't guess how low it will go but to assume it won't come back doesn't seem very likely.CyBrainX
- I like it. I rather have it in bitcoin than any stocks or sitting in the bank. I rather risk losing half or more than watching I fly past me at 100k or 100x.AQUTE
- AQUTE, spoken like someone who has never invested a penny in eithermonospaced
- DRIFTMONKEY1
Every time crypto crashes.
People who like crypto: "Everything's on sale. Adding to my position."
People who do not like crypto: "You guys are stupid. What a waste of money."
Rinse and repeat.
Anyone's who in this for more than a quick buck ain't shook.
- Everytime? It was $28K at the start of 2021, now $29K so whoever bought this year is underwater. China & Iran ban mining, good luck holdinggrafician
- I mean, bitcoin or lumber, the same this year LOL
https://markets.busi…grafician - Bull markets make you money, bear markets make you rich.DRIFTMONKEY
- ain't shook https://www.youtube.…AQUTE
- drgs1
- drgs1
I still think we will revisit 45k and maybe even 50k. This rally has been extreme in many ways. I think I was lucky to guess the direction a couple of times, but every time the magnitude of the moves has been x2-x3 of what I was expecting. So fuck it, to 50k!
Discuss
- Guessing game********
- It's only guessing if you're trading. That shit's hard work.DRIFTMONKEY
- I think we'll see below 30 again before we go to 50. Key resistance above 40 might push down hard.DRIFTMONKEY
- Yea, I don't think the dips done. get more chips. stack sats be humble, be patient. Im on the 4hr and weeklyAQUTE
- meaningless graphs are meaninglesshans_glib
- now that everybody is getting the hang how ponzi the whole thing it will never go up anymore.neverscared
- Literally countries are getting into BTC. Not too “ ponzi “BH26
- https://www.youtube.…neverscared
- pump it any cost.... pump it any cost is the conceptual model.neverscared
- The difference between Theranos and your garden variety crypto scam is that the only people in the blast radius of Theranos were large funds and high net worthneverscared
- individuals. Crypto scams are a wealth transfer from the general public to corrupt insiders without discrimination.neverscared
- There's a gap on 20k I think that needs to be visited. I dont see a strong reaction after yesterday's dipBeeswax
- Add a green line and we can talk.monospaced
- drgs baby I literally posted an head & shoulders bottle to mark the end lolgrafician
- bitcoin vs tether or USD is the same - allegedly LOLgrafician
- @Beeswax at 19500 it breaks the Tether stronghold and it's game over after that for all cryptografician
- *waves from the futuredrgs
- Guessing game
- shapesalad0
Inspirational guy, Jason Williams.
Sold his business for 1/2 B.Now doing tire recycling... and bitcoin mining from that.
- grafician1
"Neighbors Accuse Bitcoin Mining Facility of Warming Up Entire Lake"
"The lake is so warm you feel like you're in a hot tub."
https://futurism.com/bitcoin-min…
"A retired gas-fired power plant was converted into a Bitcoin-mining facility in the Finger Lakes region of New York state — and NBC reports that neighbors say it’s pumping serious amounts of heat into the lake’s waters.
“The lake is so warm you feel like you’re in a hot tub,” Abi Buddington, who loves close to the plant, told the outlet.
The plant is taking in and pumping out over 100 million gallons of water every day, some of which can reach 108 degrees Fahrenheit.
For a year and a half, Greenidge Generation LLC, owned by private equity firm Atlas Holdings, \has been using the gas-fired plant to mine bitcoins, an energy-intensive process. Not only is it endangering local ecosystems, critics say, but it’s also pumping a ton of carbon dioxide into the atmosphere as well."
- drgs1
Wasa wasa wasa wasssuuup
- anything is possible.shapesalad
- All eyes on Tether so they can't print any new cash so Bitcoin is ranginggrafician
- these are hilarious. whenever my missus sees me looking at one - she looks at me in a very bemused way. i just smile_me_
- Stare stonily back, claim your spacedrgs
- she knows it's bs :)monospaced
- drgs2
- ESKEMA-2
alright, let's have some fun. who wants to experience bitcoin and the lightning network?
1. download bluewallet
2. create a lightning wallet
3. click receive
4. create invoice for 23 sats
3. post an invoice in the notes- lightning:lnbc230n1p...uan
- I thought, that address would get trimed :-)uan
- what about: https://i.imgur.com/…uan
- ah shoot! anyway, paid from QR!ESKEMA
- it's fast. some seconds to transfer. https://i.imgur.com/…uan
- post an invoice in a new post ESKEMA, so I can transfer your sats back :-)uan
- nah. use them to do the same to others :)ESKEMA
- I just receive 690 sats from some twitter account. I'm passing them alongESKEMA
- I'll send another 9 batches here if more are interestedESKEMA
- I will. and also go learn a bit more about lightning and satoshis:
https://bitcoinmagaz…uan - There is nothing more stressful than sending crypto between your own walletsdrgs
- It’s only stressful if you never practice. That’s why playing with is essential for educationESKEMA
- @drgs hit me with an LN invoice, it's dead easyESKEMA
- Moving your own money should not be stressful. This is stupid.monospaced
- the point of this was to show how fucking easy it is. It's playing with fractions of cents ffs, how stressful can that be?ESKEMA
- @monospaced, wanna receive some sats to play with?ESKEMA
- I have no idea what you're talking aboutmonospaced
- neverscared1
https://www.wsj.com/articles/bin…
binance Froze When Bitcoin Crashed. Now Users Want Their Money Back.
The world’s largest crypto exchange has no headquarters, making it difficult for disgruntled traders to complain about the May crashAnand Singhal built up $50,000 in savings from the time he was 13 doing freelance coding from his bedroom in New Delhi. It was meant to pay for a dream—a master’s degree in computer science in the U.S. The money disappeared in seven minutes on May 19.
Binance, the world’s largest cryptocurrency exchange, froze for over an hour just as the price of bitcoin and other cryptocurrencies plunged. Mr. Singhal and others, who had made leveraged bets on their rise, were locked out.
- *made leveraged bets*. Not justify binance.... but don't use leverage unless you can afford it all to go.shapesalad
- ^that's just a tool - but mix that with low emotions like greed at a 500x rate...uh boygrafician
- then again putting 50k in an exchange that's so scammy it can't even get registered in the Caymans...bruhgrafician
- Coinbase does it all the timedrgs
- ^https://www.nytimes...grafician
- Coinbase has so many class action lawsuits it's curious how are they still in businessgrafician
- Anand is a moron.monospaced
