Hey Rocks, what do you suggest for people in countries that
A. are oppressed and need a currency that can't be stolen from them or
B. need a currency because theirs is getting inflated away.

Is gold actually superior to something like bitcoin in this scenario?

Or would bitcoin be a better solution for the few billion people in these countries?

Also why are you still at it, I thought you watched the video, if all you got was Saylor said bitcoin was actually a metal, than you really are dumb stupid troll, aren't you! I told you before don't be such an idiot anal fool!

That was your mission with bitcoin, bank the unbanked, but then the goal post was moved when people realized the unbanked can't use bitcoin because they would have to pay 20% of their networth to send a transaction that will take multiple days to be verified. Litecoin does it better! Bcash more suitable!

He did say Bitcoin is a better metal than GOLD, more than once!

You're calling me the stupid troll but not Saylor the Bull Bull Bull.... hahaha aint that funny how that works.... He is a credible source despite being a known conman and saying things like Bitcoin is a metal, in fact a better metal than the most useful metal, but im the stupid troll?

Amazing analysis bro, your judgement is not clouded, I can tell you keep it real objective!

How can you win interest with bitcoin when bitcoin suppose to have limited coin ressources ?
Someone must lose somewhere .....
It’s easy to gain interest with fiat money , you just create more while you can’t with bitcoin right ?

The difference imo between gold and bitcoin as store of wealth is that id’f a reset happens , on what you think all the countries and central bank in the world will use for a point of reference , gold or bitcoin ?

I just see bitcoin has a basket of currency which should be better to hold a currency value ( due to diversification of multi currency) but not for wealth holding if all the currency in the world need a reset .

Enough arguing over gold/bitcoin. We'll just let the price do the talking. Check back in 4 years and then in 8 years. I figure BTC will outperform gold MANY times over.

My goodness, you are 1 dumb fkn troll! I'd of carried on chatting to you but this is going nowhere.

pretty strong price action today amid a meh day from the stock market. looking pretty poised for another nice pop upwards in the coming days/hours imo.

lol @ believing TR flipped his btc for 23x and now spends 24/7 trolling forums using the same nocoin arguments we've seen for the past 5+ years. also a reminder that TS advised waiting for a better entry at almost the exact local bottom this month

Wicked over 11.6k as I was writing that post lol.... key period here to see if we can get some follow through towards challenging new yearly highs or head back into our recent trading range on the downside. 10k support looking pretty rock solid after it held strong through all the bad news earlier this month.

Bitcoin is straight following the stock market/risk assets with exaggerated but correlated moves both up and down. The comment "10k support looks pretty solid" is pretty lulzy given that fact.

Now that Biden is looking very likely to win I am much more bullish on spy, personally. Lower chances of election ****ery are the main reason I've flipped back bullish from bearish in the short term. Rebought most of what I sold at 10.9k just slightly lower on the way back up.

Big players stepped in to create that 10k floor. Bitcoin might of dropped further who knows.

Stimulus talks help drive the markets up, then soon stimulus, then moon!!!

Crypto markets have been in a 3 year bear market, what might happen next could surprise everyone, might be very fast and very violent.

Would it surprise you if it completely de-correlates?

Got this feeling that the crypto markets are about to explode.

Yeah that and great economic data the last two weeks have really powered the market. The "upcoming stimulus regardless of who wins" put is very much live. Definitely agree that the odds are to the upside, but there are some big caveats (corona going crazy in Europe for example). Extremely high implied vol (likely too high) going into the election helps the bullish view as well. People overpaying for vol tend to get face ripped.

I just mean that $10K isn't any kind of meaningful support any more given that markets and general risk asset appetite largely dictate bitcoin now. So I don't think it's wise to rely on it as meaning something.

#1 I am not trolling

#2 So because I profited 23x means I can't turn bearish I must be lying


Let me know where someone in this thread claimed " All VALUE" wasn't subjective and showed evidence of that being true.... Ill be waiting. Lumping my argument as trash just like the rest is not fair, the fact is I have destroyed you guys, that people have resorted to asking others to mute me because " I am scared" when they are scared, they have put forward trash arguments day after day, and it's like 20 vs 1?

Your guys reasoning skills are pure trash.

You been waiting to get back to a spot I dumped on your head 3 years ago but TS is trash because he missed a bottom by 10% LOL LOL OL you guys suck at reasoning this is why you will get destroyed eventually, shitty thinkers.

I'd say that 10k is meaningful, it's psychological and it's been both support and resistance many times in the past. Similarly to 6k, once we broke back above that level it has held very strongly (sure corona blip, sent it under but it was back above very fast).

I think it's time that the new floor is 10k. If we dip again, I'd expect buyers to step in again and keep it above 10k!

Rocks, you sound so bitter with some of your comments, I can't help but think you buy local tops and sell when it goes down, you then come on here shouting "bitcoin is a fraud"

They’re lending crypto and charging interest

You might be right about that. Not confident 10k would hold through a quick 20%+ spy crash if it happened....but I think much more likely scenario is stimmy keeping spy afloat despite its long term technicals looking pretty terrible at the moment.

It also seems like I don't think btc is as strongly correlated as you do. Pearson correlation to spy is still in the weak-moderate range and has been on a downtrend since March. Before that it was close to zero. Still think it's early enough in the game that big moves are likely to happen independent of other global markets.

You fools say "don't trust, verifiy"

I have sent your friend skier proof of my claims as long as he verifies it, he should be coming back here with a apology shortly.

You sent me a link to a private discord server which I have no interest in joining. If you wanna post some gain porn not sure why you can't just do that here publicly.

K so it's "Don't trust, won't verify" " Ill call you a liar"

No different than the other monkeys I been schooling

It's time we leaned up this thread and banned some knuckleheads.

From both sides of the argument or just the ones who don't like bitcoin?

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Thanks I gave it a listen.

Ok fair enough but who would « rent » bitcoin so you get at 6% return when you can have almost free money in real currency?

Yeah I guess I should read about bitcoin ...