Bitcoins worth more than gold

Post a reply


This question is a means of preventing automated form submissions by spambots.
Smilies
:thumbsup: :thumbsdown: :help: :stupid: :off: :spam: :axe: :D :? :eyes: :-D :pissed: :-) :!: :prey: :( :o :toilet: :wink: :grin: :smile: ;) :-( :-o :shock: :-? 8-) :lol: :x :P :oops: :cry: :evil: :twisted: :roll: :?: :idea: :arrow: :| :mrgreen: :geek: :ugeek: :bravo: :bonez: :catfight: :barf: :banghead: :cheers2: :rimshot: :felger: :google: :jesus: :facepalm: :popcorn:
View more smilies
BBCode is ON
[img] is ON
[flash] is OFF
[url] is ON
Smilies are ON
Topic review
   

Expand view Topic review: Bitcoins worth more than gold

Bitcoins worth more than gold - Page 23

by napster22 » Mon Jan 25, 2021 8:04 am

Reserve currency wrote: ↑
Mon Jan 25, 2021 4:34 am
 This president is writing legislation to outlaw anything that undermines the usd.

Crypto exchange operators that ignore the new laws will go to prison and all exchange assets will be confiscated by the gov.

Its law they have an obligation to protect the reserve currency.

All cryptos will be consigned to where they belong, games.
:stupid: haha.

1. President of which country? Crypto is international. Nation states that do not encourage adoption will be impoverished relative to countries that welcome adoption.

2. There are already two fully registered, legal Bitcoin banks with banking licenses in Wyoming. More to come. Direct connections into the fedwire system to settle in dollars & euros. More states in the US to follow.

Bitcoins worth more than gold

by Reserve currency » Mon Jan 25, 2021 4:34 am

This president is writing legislation to outlaw anything that undermines the usd.

Crypto exchange operators that ignore the new laws will go to prison and all exchange assets will be confiscated by the gov.

Its law they have an obligation to protect the reserve currency.

All cryptos will be consigned to where they belong, games.

Re: Bitcoins worth more than gold - Page 22

by logos » Mon Jan 25, 2021 2:39 am

napster22 wrote: ↑
Sun Jan 24, 2021 8:32 pm
mrdome wrote: ↑
Sun Jan 24, 2021 11:48 am
napster22 wrote: ↑
Tue Jan 19, 2021 9:02 pm
this decade everything will be re-priced in bitcoin.

Trying to imagine this in Cambodia, where about a dozen wealthy locals may own bc (the barang don't count). This decade? Yeah, sure. :D

BC is now in a catch-22 situation: On such a pumped up artificial high, it will deter the risk-averse & ' never buy at the top' investors, yet should it fall dramatically, it will once again highlight its extreme volatility.
Your assumption that bitcoin is pumped up, artificial high is false.

Bitcoin is dirt cheap at today's prices. Dirt cheap.

We are watching an open source, global reserve currency monetize before our eyes.

:shock:
So what percentage of your assets have you put in BC?
I bought into ADA cardano at 0,12 last November but didn't touch bitcoin. About 0,6% of my financial assets, excluding real estate. So far the returns have been surprisingly high.

Re: Bitcoins worth more than gold

by YaTingPom » Sun Jan 24, 2021 8:56 pm

Interesting viewpoint considering your username.

Re: Bitcoins worth more than gold - Page 22

by napster22 » Sun Jan 24, 2021 8:32 pm

mrdome wrote: ↑
Sun Jan 24, 2021 11:48 am
napster22 wrote: ↑
Tue Jan 19, 2021 9:02 pm
this decade everything will be re-priced in bitcoin.

Trying to imagine this in Cambodia, where about a dozen wealthy locals may own bc (the barang don't count). This decade? Yeah, sure. :D

BC is now in a catch-22 situation: On such a pumped up artificial high, it will deter the risk-averse & ' never buy at the top' investors, yet should it fall dramatically, it will once again highlight its extreme volatility.
Your assumption that bitcoin is pumped up, artificial high is false.

Bitcoin is dirt cheap at today's prices. Dirt cheap.

We are watching an open source, global reserve currency monetize before our eyes.

:shock:

Bitcoins worth more than gold - Page 23

by Sashimi » Sun Jan 24, 2021 5:58 pm

Regarding JP Morgan: they simply try to increase profit from retail "investors". Sell coins at ATH, wait for a dip, open a short and spread FUD, buy back at the bottom. Rinse and repeat. This pullback is also not uncommon as we seen it in previous bull markets as well. The only difference is more media coverage and a higher dollar amount which scares / attracts people.

No matter what the price does there is money to be made. Volatility is what attracts some (most?) of the big players. Playing it right you can make 5% to 10% in a day, hour or minute. Add leverage (or altcoins) to this and see the results on Bitmex. People becoming multimillionaires over night or losing it all. You can play the market 24 hours a day from any place with an internet connection. It is the stock market / casino on steroids.

Re: Bitcoins worth more than gold

by scobienz » Sun Jan 24, 2021 2:18 pm

Actually, just checked - it was JP Morgan, not GS

Re: Bitcoins worth more than gold - Page 22

by scobienz » Sun Jan 24, 2021 1:25 pm

mrdome wrote: ↑
Sun Jan 24, 2021 11:48 am
napster22 wrote: ↑
Tue Jan 19, 2021 9:02 pm
this decade everything will be re-priced in bitcoin.

Trying to imagine this in Cambodia, where about a dozen wealthy locals may own bc (the barang don't count). This decade? Yeah, sure. :D

BC is now in a catch-22 situation: On such a pumped up artificial high, it will deter the risk-averse & ' never buy at the top' investors, yet should it fall dramatically, it will once again highlight its extreme volatility.

To highlight the folly of this, consider these two predictions. They are genuine and can be googled:

Jan 4 2021: Goldman Sachs predicts Bitcoin to hit $135,000

Jan 18 2021: Goldman Sachs warns Bitcoin could slump to $1000

Re: Bitcoins worth more than gold

by scobienz » Sun Jan 24, 2021 1:20 pm

starkmonster wrote: ↑
Sun Jan 24, 2021 2:05 am
 Scobienz, how are your British Telecom shares and treasury bonds doing? A real rollercoaster no doubt...
Fine thanks.

Do you think investing should be about being a rollercoaster starker? Perhaps you confuse investing with gambling.

Re: Bitcoins worth more than gold - Page 22

by mrdome » Sun Jan 24, 2021 11:48 am

napster22 wrote: ↑
Tue Jan 19, 2021 9:02 pm
this decade everything will be re-priced in bitcoin.

Trying to imagine this in Cambodia, where about a dozen wealthy locals may own bc (the barang don't count). This decade? Yeah, sure. :D

BC is now in a catch-22 situation: On such a pumped up artificial high, it will deter the risk-averse & ' never buy at the top' investors, yet should it fall dramatically, it will once again highlight its extreme volatility.

Bitcoins worth more than gold - Page 23

by Crapster » Sun Jan 24, 2021 3:54 am

Ive done the math & am proud to announce an ico for myself and every other human upto a population of 100,000,000,000.
It will be known as crapster1, crapster2 & so on upto crapster100,000,000,000 to 100 decimals.
Ico price is £9.99.

Re: Bitcoins worth more than gold

by starkmonster » Sun Jan 24, 2021 2:05 am

Scobienz, how are your British Telecom shares and treasury bonds doing? A real rollercoaster no doubt...

Re: Bitcoins worth more than gold

by scobienz » Sun Jan 24, 2021 1:23 am

Bitcoin zealouts: the price is soaring. Buy buy buy you fools.

Bitcoin zealouts: the price is tumbling. Buy buy buy you fools.

Bitcoins worth more than gold - Page 22

by napster22 » Sat Jan 23, 2021 10:26 pm

centralbank1: send me the bitcoin you owe me by tonight.

centralbank2: okay.

Top