"I don't care, do you"
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"I don't care, do you"
Dude who doesn't have any SPX or BTC exposure is here to tell us what horrible investors we are. Got it.Quote:
Originally Posted by Bunion 2020
:)
Where have I been wrong though?Quote:
Originally Posted by stalefish3169
Still fucking that same chicken eh? This is not about who is invested in what and no you are not a horrible investor/gambler.Quote:
Dude who doesn't have any SPX or BTC exposure is here to tell us what horrible investors we are. Got it.
I do find it amusing/depressing that in the name of a dollar you are willing to get in bed with anyone no matter how horrible, including the Trump crime family.
We all make our own decisions, you may live to regret this one. Best of luck.
It’s not fade - it’s honest confusion. I keep asking the questions and I don’t get real answers.Quote:
Originally Posted by stalefish3169
Take the “Store of Value” use case. BTC fails the traditional scorecard of what makes a good store of value; it has no intrinsic value or transaction circulation to back its market value and it’s certainly not as stable as the alternatives…
To me - without any fundamentals it just doesn’t make sense.
History shows us that whenever markets don’t make sense eventually there is a correction. Adam Smith’s invisible hand can slap pretty fucking hard.
At some point our grandchildren will be watching a documentary about the crypto surge on their retinal monitors and thinking “wtf…”
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There are literally people shilling United Healthcare in the stonks thread. Are you going to lecture them on morality? Pretty sure BTC has never, "secretly paid nursing homes thousands in bonuses to help slash hospital transfers for ailing residents."Quote:
Originally Posted by Bunion 2020
I'll wait.
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I think that having digital money that is scarce, easily verifiable, and can be transported anywhere quickly is superior to heavy shiny rocks, but you do you.Quote:
Originally Posted by nickwm21
https://www.theheldreport.com/p/bitcoin-vs-gold
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Christ. That article starts by mentioning store of value and then seamless moves on to money. They are not the same. You do not want them to be the same.
And then it makes fundamental mistakes, like suggesting that -scarce- is a good attribute for money. It is not (again, unless you like depressions).
And like, no one is using gold as money, so WTF are you, personally, talking about in your stupid fucking post.
If money is not scarce then it is worth less or perhaps even worthless in extreme cases such as post WWII Hungary, Weimar, and more recently Zimbabwe and Venezuela.Quote:
Originally Posted by J. Barron DeJong
Why work for money when someone else can print it for free?
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You want investments or stores of value to be finite. Money is not an investment though. It has different requirements.Quote:
Originally Posted by stalefish3169
Having fixed money supply leads to recessions and depressions. (See: countries leaving the gold standard during the Great Depression. Countries economies start growing as soon as they have flexibility in their money supply.)
This article explains why that is the case: https://slate.com/business/1998/08/b...e-economy.html
Bunion - both stale and I have been in BTC long before Trump. Trump is the last 6 months. I bought BTC in 2012.
Might need to cool off -everything on planet earth being a trump thing -outrage.
BTC is a global computer thing. It doesn't know about trump.
I think in the next 10 yrs we will see bigly problemo w US bonds. We are just going to keep borrowing/printing/issuing us treasuries. Ppl are going to be like nah. Gold, BTC, Land go up.
Buy BTC for your grandchildren. They'll be talking about you 80 yrs from now.
I do not dispute that and I think you are both believers.Quote:
Bunion - both stale and I have been in BTC long before Trump. Trump is the last 6 months. I bought BTC in 2012.
You can wait until hell freezes over. These shills you speak of are not the President of the United States. That you confuse some stock gamblers on TGR with the POTUS tells me again that you only give a fuck about your balances.Quote:
There are literally people shilling United Healthcare in the stonks thread. Are you going to lecture them on morality? Pretty sure BTC has never, "secretly paid nursing homes thousands in bonuses to help slash hospital transfers for ailing residents." I'll wait.
Bunion helping turn every thread on tgr into a Trump thing. Kq must have you on the payroll. Someone mail that chick some zany bars
JFC. Crypto spent over $100M in the last election. Trumps administration dropped charges and investigations involving crypto companies/individuals. Trump said his government is going to start a Bitcoin reserve. Trumps company is potentially frontrunnng the creation of that reserve by buying $2.5B in Bitcoin.Quote:
Originally Posted by byates1
It is not the critics that are making this about Trump.
Jong- I'm outraged.
BTC - who?
You must be the most ignorant son of a bitch in the world if you do not think the price of Bitcoin is tied to Trump.Quote:
Originally Posted by byates1
Jong sits in traffic in Tahoe for fun
Gives him plenty of time to dream. Dreaming about buying BTC rather than blaming the world for his poor at bat.
Jong gives tiny violin concerts.
WTF are you even talking about. I deal with much less traffic living my current life in Truckee than in any place I have ever lived before.Quote:
Originally Posted by byates1
You and stale LOVE using non sequiturs rather than admitting you have no fucking clue or are just full of shit.
I would imagine that she is much more well liked and respected than either of you two, (Yates and Stale).Quote:
Bunion helping turn every thread on tgr into a Trump thing. Kq must have you on the payroll. Someone mail that chick some zany bars
I have made my point, best of luck to you both cause you have sold what you thought was your souls for a profit.
We get it...you preferred the senator from MBNA.Quote:
Originally Posted by Bunion 2020
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Cool post except that your entire thesis is delusional.Quote:
Originally Posted by J. Barron DeJong
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You did it yesterday! Byates just did it!Quote:
Originally Posted by stalefish3169