Bitcoin
Bitcoin
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- drgs0
- drgs1
Two fractals I've been watching
https://www.tradingview.com/x/Bu…
https://www.tradingview.com/x/4A…
+
https://imgur.com/vhPM1cK- Scratch that. 16k next week
https://www.tradingv…drgs - Why are these referred to as 'fractals'?Nairn
- Just a repeating pattern, not a fractal in strict sense, but everyone else is using this worddrgs
- That is so incorrect.
It... annoys me.Nairn
- Scratch that. 16k next week
- dorfsman2
- Is that Chuck Woolery?utopian
- it's mac tonightmoldero
- https://i.kym-cdn.co…imbecile
- canoe0
I'm not sure how all this works. I was on a group call with some lifelong friends and one of em said he invested a couple grand and it's up 25% in 60 days.
Is anyone finding bitcoin to be a good investment?
- Aye, people who buy and sell at the right time. All the people who buy and sell at the wrong time? Probably less so.Nairn
- It's not really a good investment because it's not a true commodity nor is it a business with any prospective, leadership, or reliable plan.monospaced
- Its price is based solely on who is willing to buy it, which feeds into supply and demand. Like beanie babies, or the tulip mania. It's hardly a viable currencymonospaced
- Oh, by the way. Every actual market index is up 25% in the last 60 days, so that's not really anything to be excited about.monospaced
- It is quite the oddball of ideas.canoe
- I only doubled what I put in, so yeah "It's not really a good investment" lolmoldero
- I got some crypto coins... I enjoy watching them go up and down.Calderone2000
- Double? You could have done that with almost any tech stock with far less risk.monospaced
- drgs1
Bitcoin goes up -- I'm happy because I own Bitcoin
Bitcoin goes down -- I'm happy because I despise cryptoDiscuss
- jonny_quest_lives2
- nice read! love this line: "blockchain is a solution in search of a problem"Krassy
- i liked “Back-office management” isn’t an item on the agenda in board meetings, but “blockchain” and “innovation” are.jonny_quest_lives
- awful readESKEMA
- i don't begrudge people making money off of bitcoin pump and dump schemes but I have yet to see a use for blockchain... they are like digital penny stocksjonny_quest_lives
- plenty of use casesESKEMA
- if you want to read some: https://medium.com/@…ESKEMA
- but no real adoption other than the replication of a trading exchange in which people buy and hold either bitcoin or altcoinsjonny_quest_lives
- "If you don't believe me or don't get it, I don't have time to try to convince you, sorry" - Satoshi NakamotoESKEMA
- i align with the skeptics... then there are true believers who believe in a bankless future... then there are the profiteers.jonny_quest_lives
- drgs0
Are you guys familiar with any of these recent crypto innovations -- DeFi, yield farming (you use ETH to farm something called yam), uniswap etc?
Onlyup coin, 2 days ago
Pizza coin
Hotdog coin
- DeFi is nuts. It's for ultra degenerates trying to get the most yield farming liquidity tokens. Stay away from that shit. It basically crippled ETH transactionsESKEMA
- fees, making it basically useless for anything else. It was a crazy summer for the farmers.ESKEMA
- "Yield Farming" = PONZI run awayjonny_quest_lives
- sarahfailin1
Everything is now bitcoin. Tesla stock is bitcoin. Apple stock is bitcoin. American Airlines is now bitcoin.
The stock market is so off the rails in terms of stock price vs earnings. The whole thing is a bubble that is aching to burst. It makes no god damn sense.
- Glad I own 0 stocks and only invest locally.
: )ideaist - yet at the end of the day if those companies go bankrupt at least there are assets and property that can be liquidated to pay off some investors and or debt.jonny_quest_lives
- bitcoin crashes? whatcha got?jonny_quest_lives
- Glad I own 0 stocks and only invest locally.
- ESKEMA0
"On September 14, 2020, MicroStrategy completed its acquisition of 16,796 additional bitcoins at an aggregate purchase price of $175 million. To date, we have purchased a total of 38,250 bitcoins at an aggregate purchase price of $425 million, inclusive of fees and expenses."
https://twitter.com/michael_sayl…
it's not too late folks, but it might be soon...
- https://mobile.twitt…jonny_quest_lives
- https://pbs.twimg.co…ESKEMA
- https://www.sec.gov/…jonny_quest_lives
- Saylor settled with SEC without admitting wrongdoing by paying $350,000 in penalties and a personal disgorgement of $8.3 million.jonny_quest_lives
- As a result of the restatement of results, the company's stock declined in value and Saylor's net worth fell by $6 billion.jonny_quest_lives
- http://gph.is/2c2GVI…jonny_quest_lives
- ESKEMA1
- Lincoln Savings and Loan was once a chartered bank in California... Then Charles Keating came along.jonny_quest_lives
- https://www.wyofile.…jonny_quest_lives
- https://bitcoin.org/…jonny_quest_lives
- inteliboy0
If any of you guys been using uniswap - claim free tokens. Currently worth 1.4eth.
- have 2 accounts, currently worth 6.7 eth each out of nowhere lolESKEMA
- I had 1, cashed out on weekend.... Which means it will probably pump again.inteliboy
- I'll hang on to it a bit longer, I see this token maybe reaching 20's / 30'sESKEMA
- Based on what?monospaced
- Its a governance token for the most popular decentralized exchange, based on other governance tokens that went higher. would put it at ~3B market capESKEMA
- and a crypto bull cycle is starting.ESKEMA
- would not buy it though.ESKEMA
- So based on what? Popularity?monospaced
- pretty muchESKEMA
- jonny_quest_lives-3
get in quick...
- Haha. One of them has 145 1 star product ratings. STILL SELLIN YO!toemaas
- 50K and they want additional $50 for shipping. This world has gone mad.utopian
- the pump... the dump. https://twitter.com/…jonny_quest_lives
- drgs0
- ESKEMA0
- https://bitcoin.org/…jonny_quest_lives
- https://twitter.com/…jonny_quest_lives
- ^ this dude is gonna pull a McAfee...jonny_quest_lives
- What's your point?ESKEMA
- What's yours?jonny_quest_lives
- just sharing information like you... more informed investors right?jonny_quest_lives
- https://www.reddit.c…jonny_quest_lives
- Or is Bitcoin not an investment but a means of transaction? The debate will ragejonny_quest_lives
- Not to mock but one should look at a person's background and current business practices as well as their past fraudsjonny_quest_lives
- before moving their own money into a speculative asset class recommended by such personjonny_quest_lives
- So what do you recommend is a good investment strategy right now?ESKEMA
- As a CEO of a company sitting on profits he could have invested in R&D, he could have had a buy back stock option,jonny_quest_lives
- he could've given his company investor's a dividend.jonny_quest_lives
- All legitimate ways to invest in his business and/or reward shareholders. Instead, he goes all in on Bitcoin and turns Microstrategy into a Crypto hedge fund?jonny_quest_lives
- By no mean's a growth strategy for his software business but long term exit strategy for him perhaps?jonny_quest_lives
- I was asking on a personal level, not what he should have done. I mean, what do you see as a good strategy for the common man like myself. What should I investESKEMA
- in? What do you invest in?ESKEMA
- Real estate is always king... no shame in quietly paying one's mortage... if you get to a point where you can extend yourselfjonny_quest_lives
- on one or two income properties that you can rent out and cover those mortages in 15 to 25 years you'll be in solid shape.jonny_quest_lives
- not fast, not pretty. but the ROI is always therejonny_quest_lives
- wish i had started earlier... as the covid situation has made real estate super stressful... but like i said no shame in steadily paying the mortages.jonny_quest_lives
- what if you're not eligible for a loan to buy real estate?ESKEMA
- i've heard rental properties are a pain in the ass. might as well get another job.Milan
- Well I wouldn't recommend bitcoin or any cryptocurrency as I somehow ended up doing some ICO marketing materials and the people involved were all skeeeeetchy...jonny_quest_lives
- Alicante Spain is a big hub for the ico token type of grifter... https://coinatmradar…jonny_quest_lives
- bitcoin is not the crypto landscape. bitcoin had no ICO. If you're saying don't invest in shitcoins, I agree with you.ESKEMA
- well shitcoins are what turned me off of crypto... is bitcoin a hedge? possibly. but it was fundamentally never a consideration when it was created.jonny_quest_lives
- how so? it's literally why it was created, as a means of exchanging value with no ties to the current system.ESKEMA
- A means of trusted transaction... the valuations applied to it and speculative market manipulations are all "off chain" creations...jonny_quest_lives
- Bitcoin = transmitting e-cash and bypassing existing payment providers without having to comply with the Bank Secrecy Actjonny_quest_lives
- Now you’re getting it. No ones in control besides you.ESKEMA
- bitcoins don't exist. It's all Unspent Transaction Outputs.ESKEMA
- https://twitter.com/…jonny_quest_lives
- https://www.fsb.org/…jonny_quest_lives
- jonny_quest_lives0
- Craig Wright is a lunatic. He probably deserves jail on multiple accountsESKEMA
- i know this is the bitcoin thread but this shit is cray...jonny_quest_lives
- https://www.marketwa…jonny_quest_lives
- https://twitter.com/…jonny_quest_lives
- drgs0
BTC https://www.tradingview.com/x/3j…
BTC/SPX ratio https://www.tradingview.com/x/cb…
Total crypto cap/SPX ratio https://www.tradingview.com/x/hQ…If you didn't buy here -- don't talk to me
October-november = fireworks- can't you buy whenever you want?
...those graphs always go up.uan
- can't you buy whenever you want?
- nudes1
here fishy fishy
- NBQ002
Anti-virus software entrepreneur John McAfee has been arrested in Spain and faces extradition to the US where he has been charged with tax evasion.
If convicted, he could face up to 30 years in prison.
- Damn they finally got himyuekit
- wild man got caught. LOLKrassy
- Looks like he'll be eating his own dick in prison.NBQ00
- Watch this documentary about him "Gringo". Some wild stuff.zaq
- He'd truly lost his mind a long long time ago.********
- Now he's fucked********
- You can do the sex crimes, do the violence, but one thing you can't do is not pay your taxes.PhanLo
- ESKEMA0
Square, Inc. Invests $50 Million in Bitcoin
https://squareup.com/us/en/press…
50M / 4,709 BTC = 10,638$ (average cost per BTC)
- ESKEMA4
Buckle up
- Paypal officially enters the space.ESKEMA
- The Trump administration is going to lose their shit.utopian
- weeeeeeeeeeeeeeeee********
- Up and upAQUTE
- Cryptocurrency payments on PayPal will be settled using fiat currencies, such as the U.S. dollar, meaning merchants will not receive payments in virtual coinsjonny_quest_lives
- so will coin volatility be addressed and who will eat the benefits or the losses as the reconciliation occurs? not exactly speedy validating btc over a paymentjonny_quest_lives
- system which is why BTC has been pushed as hedge/gold alternative the last yearjonny_quest_lives
- 7 TPSjonny_quest_lives
- boommoldero
- Bitcoin been pumping for 2 weeks alreadydrgs
- Positive news always surface up when everyone is euphoricdrgs
- I don't give a fuck about using paypal crypto payments, I just know it will onboard a massive number of new people. If you want a good Paypal alternative thatESKEMA
- settles in crypto, there's Utrust.ESKEMA