whew... I had a limit order filled last night at $26200.
and there was much rejoicing.

Wait to buy...ve at twenty five.

this is the sign



print that money man!

Finally getting powder next week.

Took almost 1 year to sell my real estate **** coin. Timing is amazing thought

CNBC: Powell says he can’t guarantee a ‘soft landing’ as the Fed looks to control inflation

so I didn't wait to buy at 25 and I've been holding all along and accumulating, etc but the picture under your user name did get me a bit interested in something and I was bored so I played out the following steps:

1) googled "girl f'ing an ab ball"........not sure what those balls are technically called but I thought that might make a hit on google.
2) then searched the pictures and found the one on your profile next to "top five boners of my life" or something like that on the caption.
3) some of the pictures showed hobo on the ball. Honestly I'm not a big meme guy but I found some more illustrations of the girl and the action.

Nice one.

Fun fact, she went to my high school

Get out of all this rubbish while you can. It will all go to zero one day.

i got news for you, while that may be true, btc is so intertwined into our grand financial system that if it goes to zero then so will plenty of other more traditional investment vehicles

there's simply no world in which crypto collapses and wall street doesn't itself have a tremendous crash children will read about in textbooks decades later

It makes me laugh when people are like OMG CRYPTO TO ZERO, while the US financials markets, and overall domestic and international economy, are continually trending downwards. The stock market is ugly right now. Plenty of stocks have seen like 25-50% corrections in a day recently, and yet when it happens to crypto, oh no, crypto is rubbish and going to zero!

I don't think the industry is going to 0, but your reasoning isn't why. The world has lost plenty of companies valued in the hundreds of millions, all at once. It was fine. This would be fine too. Up here Nortel going to $0 was like 20 Lunas.

Of all the things that would take the financial world down to the mat, I don't think crypto is one of them yet. Obviously it would be incredibly popcorn worthy.

I don't think they're all that intertwined. The only impact I think a BTC implosion might have is maybe some forced selling of equities to cover margin calls on levered BTC positions. But I think the total $ impact of that selling would be modest at best.

That said, I don't think BTC is going out in a fiery meltdown. I think it'll just gradually lose investor interest over a long'ish period of time.

Crypto is such a small blip in the world radar, it will have little to no affect if everything goes to zero.

Relative to the financial markets, banking industry, bond industry, etc. the crypto market cap is peanuts. I mean, it just lost around $1 tril of it's market cap in the last month to month and a half leaving around $1.3 tril right now. If that $1.3 tril disappears, there will be some people who are hurting, but they'll be in the vast minority. The people outside of crypto will just be like OMG I told you so, and the world will keep on trucking as if it never existed.

Compared to if the stock market being down 15%+ so far this year and continuing downward, well, that will ruin a lot of people's retirement plans.

Just doing some quick Google searching, and the total world market cap looks to be around $117 tril.

Again, the $1.3 tril in crypto is pretty much nil.

you don't know what you're talking about

if tether did a ust it would be worse than lehman. us government would be doing emergency talks for $40 trillion rescue of the financial system not $0.7 trillion

lol Couldn't make this stuff up. Just remember this for the future because one day I will quote it back.

Care to show your work? I see a $80b market cap. Are there synthetic derivatives that lever that 500 times?

What? Tether isn’t even US based.

Where the hell do you get $40 trillion?

Lol what’s there to quote back? What was so wrong with my post? You just sound like a dumb ass.

I never said I didn’t believe it was a possibility crypto couldn’t go to zero. Just that everyone seems to be fine with stock market volatility corrections and “lol I’m in it for the long-term!” “lol average annual stock market returns since inception” as if it’s all a guarantee. While also blasting crypto for the same ****, on a very short-term analysis basis.

And while ignoring the fact that Bitcoin has absolutely ****ing demolished the stock market in returns since it’s inception.

You are comparing the US stock market, which has been tried and tested over a long time, contains productive businesses that will produce more and more (the US has the right system and GDP will advance over time, along with the market) to a scam which will one day implode and go to zero. You are saying the scam is better (lol). The scam is largely made up of the idiots hoping to get rich and with a tribal mentality.

Do me a favour, buy all the BTC you can, hold it, when it goes down, if you have any dry power, buy more, just keep holding it and ignore the volatility. You will then get what you deserve.

Let's see if you end up suicidal like the Luna loons.


LOL!

God damn you’re an ass hole.

Just comparing the fact there is substantial volatility in both markets right now. I never said crypto was as “safe” as the stock market, and that’s completely your right to have the opinion Bitcoin and crypto are on the whole going to zero.

I only invest money I can afford to lose, so I’ll be fine either way. You’ll be shocked to know I also invest in the stock market.

Also, and I think it’s something that is commonly overlooked, but 125 years really isn’t a substantial sample size when it comes to the stock market. Just because its acted one way, on average, for 125 years doesn’t mean it will tomorrow. Nor does it guarantee there won’t be a significant period where it’s stagnant or decreases, on average. BTC has already survived for 10% of that time period.

Either way, I believe in crypto’s future and you don’t. So we’ll just leave it at that.

And that is what makes you an idiot. The best thing though, is that in time you shall see.

Enjoy being a miserable person. I’d rather be broke than have your personality.

LOL! I am not miserable and simply have to be up front with people like you who have a tribal mentality. I have to do this to get it through to you that you are being scammed. You won't change though (now anyway). As said, in time you will see. Good for you that you said you only put a bit in crypto, that way you maybe won't have to be broke in life.

A good lesson in life is not to engage in debate with someone who forms a strong definitive opinion on something they know little about

Maybe not you personally, but one of the most parroted pro bitcoin arguments is that it’s safer than stock market, which is laughable since every time stocks go do down, bitcoin collapses even harder. While the opposite isn’t true, bitcoin crashed $20k-$3k in 2018, stocks did just fine.



Really? 125 years is not a substantial sample size but 3 bitcoin halvings are. Yet another set in stone pro bitcoin argument -“just wait 2025, easy 500k”

What happened to stock to flow, PlanB and 100k by the end of 2021?