Bitcoins - digital currency - Page 1652 - Business, Finances and Investing Forum

Not sure there is any case to hold anything except HTC, maybe ethereum but not sure what you guys think about ETH or why so someone would hold any over btc

get rich ultra quickers are simply looking for the next hit, something cheap that wasn't pumped yet to "10X" their investment and buy a rolex.

for existing coins, they believe that the majority will at some point in the future hit their ATH. For many coins that ATH is "10X" away so they see plenty of room for easy profits. They justify this fallacy by backtracking and demonstrating that altcoins followed bitcoin and ethereum's rise.

Many of them will get rekt

Quote

01-26-2021 , 02:36 AM

#41277

Strip4rollz

stranger

Join Date: Jan 2021 Posts: 3

trying to figure out how many guys here use metal backups for cold storages. not sure if they are completely necessary/important/superior vs other traditional storage methods of seed phrases.

otoh, anyone here have experience with cryptosteel capsule?

Quote

01-26-2021 , 04:15 AM

#41278

BlockchainH20

newbie

Join Date: Aug 2018 Posts: 39

Quote:

Originally Posted by ItDoesntMatter

I'm in China (with VPN). Can I still use kraken?

you can

you can also use bitit, exmo, lakebtc, btcc from what I can tell

The anonymous ones are generally harder there like hodlhodl, bisq and paxful

Quote

01-26-2021 , 10:41 AM

#41279

NC82

journeyman

Join Date: Dec 2009 Posts: 329

Quote:

Originally Posted by Strip4rollz

there is quite a bit of cool stuff out there and many have written amazing guides. Everybody does their own thing.

a back up is only a back up if two different mediums are used and stored at different locations. e.g. sheet of paper in a safety deposit box in a bank, metal at home, or digital note on sd-card produced on offline computer (If you know how to do this safely).

but paper is just fine, as long as you do a yearly security check for readability and integrity.

Quote

01-26-2021 , 01:39 PM

#41280

The Apex

Pooh-Bah

Join Date: Nov 2011 Posts: 3,603

Quote:

Originally Posted by Strip4rollz

Worth it if u want to protect yourself from flood/fire. I’ve never used the newer cylindrical version but the original is easy enough to setup.

Quote

01-26-2021 , 03:42 PM

#41281

MSchu18

Carpal \'Tunnel

Join Date: Sep 2009 Posts: 17,664

tattoo it on your forehead...

Quote

01-27-2021 , 12:00 AM

#41282

johnnyBuz

Carpal \'Tunnel

Join Date: Sep 2013 Posts: 7,586

fomo urge

Quote

01-27-2021 , 01:39 PM

#41283

synth_floyd

Carpal \'Tunnel

Join Date: Sep 2005 Posts: 7,074

I wonder how much of people's gambling money that they were using to trade bitcoin has gone to the stock market to trade all these r/wsb stocks.

Quote

01-27-2021 , 08:27 PM

#41284

27offsuit

actions have consequences!

Join Date: Jul 2004 Posts: 38,585

Just dipped below 30 a couple times. I try to get some every time atm.

If it goes down more, just better for me, but that is my current dip-buying pricepoint.

Quote

01-27-2021 , 08:29 PM

#41285

27offsuit

actions have consequences!

Join Date: Jul 2004 Posts: 38,585

Saw an interesting stat the other day: If you ran a binary option of 3% chance BTC reaches 1 million and 97% chance it goes to 0, it's current valuation is ~67K

Quote

01-27-2021 , 08:31 PM

#41286

ThrowingRocks

adept

Join Date: Jun 2018 Posts: 807

Quote:

Originally Posted by 27offsuit

Saw an interesting stat the other day: If you ran a binary option of 3% chance BTC reaches 1 million and 97% chance it goes to 0, it's current valuation is ~67K

What if you think it's 0.0001 chance of a million

Quote

01-27-2021 , 08:37 PM

#41287

jfound

banned

Join Date: Apr 2012 Posts: 2,389

Quote:

Originally Posted by ThrowingRocks

What if you think it's 0.0001 chance of a million

then hfsp

Quote

01-28-2021 , 09:00 AM

#41288

chytry

Pooh-Bah

Join Date: Feb 2010 Posts: 4,338

Quote:

Originally Posted by 27offsuit

Saw an interesting stat the other day: If you ran a binary option of 3% chance BTC reaches 1 million and 97% chance it goes to 0, it's current valuation is ~67K

What exactly is interesting about it? It's just made up numbers.

Quote

01-28-2021 , 02:36 PM

#41289

kekeeke

old hand

Join Date: Apr 2011 Posts: 1,306

Alright boys, I'm buying my first btc today

I'm canadian, gonna research a bit, if you have any clues/tips pls share!

Quote

01-28-2021 , 02:41 PM

#41290

ECTAE

journeyman

Join Date: Dec 2012 Posts: 366

https://trends.google.co.uk/trends/e...o=GB&q=Bitcoin

Its over, interest has peaked. Bear market is back

Quote

01-28-2021 , 03:09 PM

#41291

case3

adept

Join Date: Jul 2007 Posts: 774

Trends shot pretty brutal there, rough extrapolations:

> needed to hit 100k to even have a chance at 2017 hysteria
> trends don't correct and then pump more, it's over as far as trending goes
> pool of money investing in BTC isn't much more than it was in 2017 (proven by the bid depth, all time lol relative to BTC price)
> fun narratives have moved to other ponzi waves, *every*single*bull* in this thread is ultimately only a person who saw a few early people hit the lotto and adopted some daydreams. New ponzi waves are siphoning off suckers that could have bought this top

Quote

01-28-2021 , 04:04 PM

#41292

SuperSwag

Pooh-Bah

Join Date: May 2012 Posts: 5,775

I think the GME hysteria probably distracted a lot of people. FYI lots of people were buying DOGE today.

Quote

01-28-2021 , 04:30 PM

#41293

NC82

journeyman

Join Date: Dec 2009 Posts: 329

Quote:

Originally Posted by SuperSwag

I think the GME hysteria probably distracted a lot of people. FYI lots of people were buying DOGE today.

They still need to figure out that you can buy a fraction of a bitcoin for 100$
shitcoin thread material but, got myself some Doge as well. Felt like gambling for a lambo was in place today.

Quote

01-28-2021 , 05:11 PM

#41294

TheMVP

old hand

Join Date: Oct 2007 Posts: 1,756

Case called another top guys, pile in

Quote

01-28-2021 , 05:53 PM

#41295

MSchu18

Carpal \'Tunnel

Join Date: Sep 2009 Posts: 17,664

In case anone wasnt paying attention, doge was up 204% in 24 hours... booya.

Quote

01-28-2021 , 08:07 PM

#41296

The Apex

Pooh-Bah

Join Date: Nov 2011 Posts: 3,603

Let us know about any other altcoins pumping.

Quote

01-28-2021 , 09:16 PM

#41297

NLSoldier

Carpal \'Tunnel

Join Date: Feb 2004 Posts: 24,252

Quote:

Originally Posted by kekeeke

Alright boys, I'm buying my first btc today

I'm canadian, gonna research a bit, if you have any clues/tips pls share!

copy pasting an email i just sent a friend

https://bitcoin.org/bitcoin.pdf - if you haven't read the whitepaper yet it's a great place to start
https://www.amazon.com/dp/B07BPM3GZQ...ng=UTF8&btkr=1 - this book took me from "pretty interested in bitcoin" to "I'm not sure I care to own anything else"
https://medium.com/@100trillionUSD/m...y-91fa0fc03e25 this guy who goes by "PlanB" has modeled bitcoin based on the stock to flow dynamic. He is *very bullish* haha
https://www.youtube.com/watch?v=WrR95PFYDFQ If you haven't heard of him, this guy Michael Saylor is like the new biggest bitcoin proponent in the world. This is one of a zillion interviews he's done where he explains his thought process behind putting hundreds of millions of dollars of his company (ticker: MSTR) treasury into bitcoin about 6 months ago.

Quote

01-29-2021 , 12:00 AM

#41298

VIPbuddy

centurion

Join Date: Sep 2020 Posts: 103

Quote:

Originally Posted by case3

Institutions are not buying in the ways we do. Sure, some guys are buying a few hundred million in measured ways through exchanges, but bigger numbers go to the source (miners & OG whales). This does not shake the books until everyone freaks out at the gradually exposed shortage, spiking the price to end this bullrun later in the year.

Quote

01-29-2021 , 12:03 AM

#41299

kekeeke

old hand

Join Date: Apr 2011 Posts: 1,306

Quote:

Originally Posted by NLSoldier

Much thanks! Im checking all of this out

Quote

01-29-2021 , 03:20 AM

#41300

the pleasure

Carpal \'Tunnel

Join Date: Oct 2012 Posts: 6,169

asking the crypto non believers

hey guys so its gonna go back to 0$ any minute now right? didnt in 2016, not 2017 not 2018 not 2019 not 2020, prolly not 2021

but hey any minute now right????????????????????????????????????????????? ???????????????????????????????

and in the meantime if you made money it doent matter since at the end of the day you ll get "burned"

where the crypto haters at?? get out while you still can right? its gonan go to 0 any minute now right?????????????????????????????

Quote

Page 1652 of 2112

First

652 1152 1452 1552 1602 1632 1642 1647 1648 1649 1650 1651 1652 1653 1654 1655 1656 1657 1662 1672 1702 1752 1852

Last

Post Reply Subscribe

...

Page 1652 of 2112

First

652 1152 1452 1552 1602 1632 1642 1647 1648 1649 1650 1651 1652 1653 1654 1655 1656 1657 1662 1672 1702 1752 1852

Last