Open Side Menu Go to the Top
Register
Bitcoins - digital currency Bitcoins - digital currency

01-06-2021 , 10:45 PM
Over 10x if you count from the absolute low set in 2018 at around 3k.
Bitcoins - digital currency Quote
01-06-2021 , 10:47 PM
Good illustration of change in adoption now vs 2017: https://mobile.twitter.com/woonomic/...616833/photo/1
Bitcoins - digital currency Quote
01-06-2021 , 10:55 PM
Quote:
Originally Posted by housenuts
Honestly I implore any skeptics to actually use it. It's effin' cool once you figure it out.

Buy some bitcoin on exchange
Transfer it off exchange to your own wallet
Send some to your phone
Send off phone to another wallet
Destroy that wallet
Recover it with 12-24 words..boom your coins are still there.

Just play with it. Learn it. And you will learn.


There not coins. Painting it a golden logo and making it look like a coin logo don't make it a coin. They are digital my little ponies Mr.Salesman
Bitcoins - digital currency Quote
01-06-2021 , 11:40 PM
Also, when you play Super Mario there isn't a small Italian plumber inside your computer.
Bitcoins - digital currency Quote
01-06-2021 , 11:46 PM
Quote:
Originally Posted by ThrowingRocks
There not coins. Painting it a golden logo and making it look like a coin logo don't make it a coin. They are digital my little ponies Mr.Salesman
So it's ok to make gold into coins but we can't make bitcoin coins?
Bitcoins - digital currency Quote
01-06-2021 , 11:51 PM
Quote:
Originally Posted by The_Jackal21
Over 10x if you count from the absolute low set in 2018 at around 3k.
A 10x off the 2015 low of $150 is only $1500. Bitcoin did another 13x off that.

A 13x from here is $500k.

Bitcoins - digital currency Quote
01-06-2021 , 11:51 PM
why do some people CONTINUE to say that Bitcoin is a currency... you are not getting it.

for you weak hands getting scared... the ratio of off chain holders to liquid on chain traders is quantifiable and measurable.

its not even close, people are hoarding BTC by a HUGE margin in comparison to the on chain traders... and this is an extremely bullish indicator.
Bitcoins - digital currency Quote
01-06-2021 , 11:52 PM
Time for my favorite pastime.
Got the fam in bed and a mini fridge full of beer. Time to crank some tunes and get drunk watching the price of bitcoin go up! One of my personal faves, and I think it's safe to say "Now the whole teams ****ing here"

https://www.youtube.com/watch?v=pID03RrmKow
Bitcoins - digital currency Quote
01-06-2021 , 11:59 PM
Quote:
Originally Posted by johnnyBuz
A 10x off the 2015 low of $150 is only $1500. Bitcoin did another 13x off that.

A 13x from here is $500k.

True but each cycle has slightly lower returns. I think around $330k anything less and it's a scam.
Bitcoins - digital currency Quote
01-07-2021 , 12:03 AM
Quote:
Originally Posted by MSchu18
why do some people CONTINUE to say that Bitcoin is a currency... you are not getting it.

for you weak hands getting scared... the ratio of off chain holders to liquid on chain traders is quantifiable and measurable.

its not even close, people are hoarding BTC by a HUGE margin in comparison to the on chain traders... and this is an extremely bullish indicator.
Why, because it is a currency.
Bitcoins - digital currency Quote
01-07-2021 , 12:09 AM
Quote:
Originally Posted by The_Jackal21
True but each cycle has slightly lower returns. I think around $330k anything less and it's a scam.
Agreed on each cycle having a smaller return. This is because the reduction in inflation is much less each time compared to the overall float.

For instance, a halving going from 10% to 5% inflation will have a lot more impact then one going from 1% to .5%.

I think we've got everything we need to make this an amazing move though. I never thought I could think of a $300k scenario and it seems insanely likely. ONE TIME!
Bitcoins - digital currency Quote
01-07-2021 , 12:20 AM
Saw gold had a rough day today especially compared to the overall market. Thank goodness you can make jewelry with it!
Bitcoins - digital currency Quote
01-07-2021 , 12:26 AM
Quote:
Originally Posted by onemoretimes
Saw gold had a rough day today especially compared to the overall market. Thank goodness you can make jewelry with it!
Gold is not for making gains. Gold stocks however are. I own several Gold stocks that have out performed bitcoin for years.

Bitcoin up 9x from it's Bottom last year at 4k.

FreeGoldVentures up 14x from my low entry last year which at one point was over 32x
Those X are from my Entry, had my entry been at the bottom last year my gains would have peaked at 50x and still be sitting 22x after the consolidation.

Imagine not owning FreeGoldVentures and the list go's on.

Got no Rupert resources? Tough Luck

Stay Poor Hodlers.

Last edited by ThrowingRocks; 01-07-2021 at 12:39 AM.
Bitcoins - digital currency Quote
01-07-2021 , 12:38 AM
Quote:
Originally Posted by The_Jackal21
Total crypto now $1 trillion.
I remember when Vitalik threw shade on crypto being $.5T.

Couple years later and it's doubled.
Bitcoins - digital currency Quote
01-07-2021 , 12:50 AM
Hi guys. I’m not new to bitcoin but I’m relatively new to getting more serious with it. Can anyone recommend the best cold wallet or your favorite? I was looking into the Ledger Nano X. What do most people use to move any btc to and from your bank account or cash? Seems like coinbase is a popular option but I’m very green to this. Any advice or help is much appreciated.
Bitcoins - digital currency Quote
01-07-2021 , 12:51 AM
Quote:
Originally Posted by ThrowingRocks
Gold is not for making gains. Gold stocks however are. I own several Gold stocks that have out performed bitcoin for years.

Bitcoin up 9x from it's Bottom last year at 4k.

FreeGoldVentures up 14x from my low entry last year which at one point was over 32x
Those X are from my Entry, had my entry been at the bottom last year my gains would have peaked at 50x and still be sitting 22x after the consolidation.

Imagine not owning FreeGoldVentures and the list go's on.

Got no Rupert resources? Tough Luck

Stay Poor Hodlers.
So you see now why bitcoin might be more attractive as a store of value.
Bitcoins - digital currency Quote
01-07-2021 , 12:56 AM
Quote:
Originally Posted by The_Jackal21
So you see now why bitcoin might be more attractive as a store of value.
There is no actual tangible value to store, only a perception that will eventually fade. You're just a speculator, owning Gold is the opposite of speculation.
Bitcoins - digital currency Quote
01-07-2021 , 01:08 AM
Quote:
Originally Posted by ThrowingRocks
There is no actual tangible value to store, only a perception that will eventually fade. You're just a speculator, owning Gold is the opposite of speculation.
Those are your beliefs, the reality is that currently it stores value in the form of $37300 per bitcoin.
Bitcoins - digital currency Quote
01-07-2021 , 01:10 AM
Quote:
Originally Posted by The_Jackal21
Those are your beliefs, the reality is that currently it stores value in the form of $37300 per bitcoin.
Yes, but answer this. Do you think you're speculating?
Bitcoins - digital currency Quote
01-07-2021 , 01:13 AM
Quote:
Originally Posted by ThrowingRocks
Yes, but answer this. Do you think you're speculating?
Not sure what you mean with speculating?

We are all speculating when it comes to the markets, if thats what you mean. Gold, property, any asset, bitcoin, it's all speculation, we all want to buy and sell it higher.
Bitcoins - digital currency Quote
01-07-2021 , 01:14 AM
Quote:
Originally Posted by The_Jackal21
Not sure what you mean with speculating?

We are all speculating when it comes to the markets. Gold, property, any asset, bitcoin, it's all speculation, we all want to buy and sell it higher.
Once again you don't actually understand Gold.
Bitcoins - digital currency Quote
01-07-2021 , 01:16 AM
Quote:
Originally Posted by ThrowingRocks
Once again you don't actually understand Gold.
lol.
Bitcoins - digital currency Quote
01-07-2021 , 01:18 AM
I really don't think you understand investing and trading.

I don't care if you think gold is fkn Superman kryptonite, if people trade or invest in it, they are speculating!
Bitcoins - digital currency Quote
01-07-2021 , 01:32 AM
Yo jackal can you just put that guy on ignore? I don't like reading his posts. You keep quoting them, it's annoying. I'm down to read thoughtful bear posts but the ones who view posting in this thread as their full time job are insane people that can be ignored. Also the one who turns every point he makes into personal attacks and to talk about how smart he is vs how dumb everyone else is. These aren't interesting takes anymore it has been the same nonsense on repeat.

Anyway, fun times guys. HODL!!!!!!
Bitcoins - digital currency Quote
01-07-2021 , 01:36 AM
Sorry inspector, i'll stop quoting him but i think eventually he'll come to a crossroad as his points just don't hold up, honestly hoping he sees his errors when he compares gold to bitcoin.

Actually i'm not even sure why he keeps bringing gold up.
Bitcoins - digital currency Quote

      
m