Bitcoins - digital currency - Page 1783 - Business, Finances and Investing Forum

Good morning fellow baghodlers. Man, this thread gets quiet when bitcon slips in price. My 5 year 58k-62k high range was hit over the weekend when it got over 59k. I hope you used that opportunity to get out. At noon today:

How anyone is willing to pay $55,000 for a line of computer code that anyone can create is mind-boggling. Here is a programmer explaining the insanity:

Good luck.

Your trolling is the opposite of funny..

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05-12-2021 , 04:44 PM

#44552

MeleaB

See my Commercial Software thread

Join Date: May 2012 Posts: 5,395

Quote:

Originally Posted by Mat Cauthon

Your trolling is the opposite of funny..

No one who wears white socks with loafers is a troll. He's just an old man shouting at clouds.

NSFW:
https://forumserver.twoplustwo.com/3...03/?highlight=

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05-12-2021 , 05:41 PM

#44553

Dochrohan

Pooh-Bah

Join Date: Jan 2013 Posts: 4,213

Either a really long play or I get it now.

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05-12-2021 , 05:54 PM

#44554

campfirewest

Carpal \'Tunnel

Join Date: Sep 2006 Posts: 9,995

I wish I could just create some of those $55K lines of computer code. It sounds so simple.

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05-12-2021 , 06:02 PM

#44555

Montrealcorp

Carpal \'Tunnel

Join Date: May 2007 Posts: 13,689

Quote:

Originally Posted by campfirewest

I wish I could just create some of those $55K lines of computer code. It sounds so simple.

Yeah I guess some people still don’t understand where value comes from .
It ain’t about what u buy but how scarce it is ....

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05-12-2021 , 06:05 PM

#44556

madmansam

old hand

Join Date: Aug 2011 Posts: 1,307

Quote:

Originally Posted by RedOak

Good morning fellow baghodlers. Man, this thread gets quiet when bitcon slips in price. My 5 year 58k-62k high range was hit over the weekend when it got over 59k. I hope you used that opportunity to get out. At noon today:
How anyone is willing to pay $55,000 for a line of computer code that anyone can create is mind-boggling. Here is a programmer explaining the insanity:

Good luck.

Wow thank you. I can't believe a programmer has debunked btc on social media! Hopefully I can sell before other people find out that programmers have proved btc is a ponzi.

Also please give 5 year ranges for ethereum and doge so we know when to sell them too, thanks a lot.

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05-12-2021 , 06:27 PM

#44557

Two SHAE

Decentralized Financier

Join Date: Aug 2012 Posts: 2,242

noooooo I can't sell my BTC for ETH near .05 resistance nooooo Elon you can't do that stoooooop

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05-12-2021 , 06:39 PM

#44558

MeleaB

See my Commercial Software thread

Join Date: May 2012 Posts: 5,395

Quote:

Originally Posted by Two SHAE

noooooo I can't sell my BTC for ETH near .05 resistance nooooo Elon you can't do that stoooooop

It's not Elon's Tweet that has caused Bitcoin to fall; it's because RedOak leaked that bloody programmer's statement.

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05-12-2021 , 06:44 PM

#44559

Exothermic

Carpal \'Tunnel

Join Date: Mar 2010 Posts: 16,807

That one Elon tweet just tanked the price of Bitcoin by 5% hahhha. I swear, society treats Elon like some God.

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05-12-2021 , 06:48 PM

#44560

Two SHAE

Decentralized Financier

Join Date: Aug 2012 Posts: 2,242

I mean even Udi capitulating. Bet he's long a Lubin of ETH

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05-12-2021 , 07:11 PM

#44561

hansmolman

old hand

Join Date: Sep 2010 Posts: 1,864

I’ll be happy to buy more if things get ugly.

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05-12-2021 , 07:55 PM

#44562

TeflonDawg

Pooh-Bah

Join Date: Oct 2006 Posts: 5,933

Quote:

Originally Posted by Two SHAE

noooooo I can't sell my BTC for ETH near .05 resistance nooooo Elon you can't do that stoooooop

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05-12-2021 , 08:06 PM

#44563

Sheep86

Join Date: Nov 2009 Posts: 6,724

Everything's going down the drain right now!

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05-12-2021 , 08:07 PM

#44564

Go Get It

Carpal \'Tunnel

Join Date: Feb 2010 Posts: 12,508

Elon giveth and Elon taketh away.

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05-12-2021 , 08:08 PM

#44565

Go Get It

Carpal \'Tunnel

Join Date: Feb 2010 Posts: 12,508

$1200 spread on coinbase pro right now wtf?

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05-12-2021 , 08:42 PM

#44566

beansroast01

Carpal \'Tunnel

Join Date: Jul 2006 Posts: 20,494

Quote:

Originally Posted by Go Get It

$1200 spread on coinbase pro right now wtf?

yeah I've been watching, it's absolute insanity, it was $2000 at one point

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05-12-2021 , 08:59 PM

#44567

Go Get It

Carpal \'Tunnel

Join Date: Feb 2010 Posts: 12,508

https://twitter.com/wallstmemes/stat...31040993341442

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05-12-2021 , 09:04 PM

#44568

kekeeke

old hand

Join Date: Apr 2011 Posts: 1,306

looks like elon wants to buy more btc cheaper

that cheecky bastard

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05-12-2021 , 10:13 PM

#44569

onemoretimes

Pooh-Bah

Join Date: Sep 2012 Posts: 3,535

I'll take more pleasure in watching Tesla continue to tank. Right back to damn near bankruptcy where he was a couple years ago.

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05-12-2021 , 10:14 PM

#44570

27offsuit

actions have consequences!

Join Date: Jul 2004 Posts: 38,569

My only friend who really listened just texted me that he bought the dip.

Soniamproud.jpeg

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05-12-2021 , 10:21 PM

#44571

RedOak

FUD

Join Date: Sep 2005 Posts: 727

Quote:

Originally Posted by imjosh

yeah I've been watching, it's absolute insanity, it was $2000 at one point

You can always trade real money like the US$ or Euro where the spread is 1/50th of a penny. Yet another reason bitcon is a scam. That $2,000.00 spread is criminal. I think I read coinbase charges 1 to 1.5% in and out fee. So yeah, that would be $2,000 lost on a round trip transaction at $50,000 per coin. Ouch. https://help.coinbase.com/en/coinbas...-and-fees/fees

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05-12-2021 , 10:44 PM

#44572

onemoretimes

Pooh-Bah

Join Date: Sep 2012 Posts: 3,535

Quote:

Originally Posted by RedOak

Have you seen the inflation taking place? Trading those fiat monies back and forth isn't going to get you anywhere.

The spread was on coinbase only. Looks like one of their major market makers went offline. Yes, bitcoin must be a scam because of that. Enjoy trading your fiats. Let us know how you pan out 10 years from now!

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05-12-2021 , 11:23 PM

#44573

hansmolman

old hand

Join Date: Sep 2010 Posts: 1,864

And watch out for dogs.

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05-13-2021 , 02:00 AM

#44574

dylance

journeyman

Join Date: Jun 2005 Posts: 223

I am starting to really like days like this in crypto.

Really curious to see what the next major FUD in crypto will be if all this too much energy FUD fizzles out.