Would never do that. Got in early. Took some profit. Mostly house money now. Still buying here and there. Will let it run son.
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Would never do that. Got in early. Took some profit. Mostly house money now. Still buying here and there. Will let it run son.
From career change thread:
"Most real jobs suck, all jobs are a trade-off of time for money and everyone has to decide what their time is worth." -Bunion
What's the point of trading your time for money when others can print it for free? This is the entire reason Bitcoin has value.
/thread
:)
So, Bitcoin Cash and Bitcoin Satoshi Vision, just as valuable as Bitcoin?
thread/
Jong just discovered bsv
On the cutting edge
Stalefish is stalking me. I feel so honored.RFI: Are you saying BTC is printed from nothing???? No shit.Quote:
What's the point of trading your time for money when others can print it for free? This is the entire reason Bitcoin has value.
No. They're highly centralized and controlled by malevolent characters.Quote:
Originally Posted by J. Barron DeJong
:)
No, I am saying the opposite. The way BTC is created is via proof of work (equipment and electricity) and nobody can create more with CTRL + P.Quote:
Originally Posted by Bunion 2020
:)
Except Bitcoin Cash is, like, identical, it came from the same place. At one time it was Bitcoin.Quote:
Originally Posted by stalefish3169
But now it is worth less, because people have decided it is worth less. And it is bad because of the people who own it, I guess, even though these original owners were the Bitcoin owners.
Anyway, Bitcoin was literally created out of nothing. It can be recreated out of nothing. It is not worth what it is because it can not be recreated, only because people have decided that THIS is the one...
Oooh, dollars can be created out of THIN AIR.
Yeah, they are not an investment. Do not invest in dollars. Use your dollars to buy investments, like stocks, or bonds, or TIPS (if you want safe, but are worried about the potential of monetizing the debt).
GameStop purchased 4,710 bitcoin between May 3rd & June 10th.
(so, ballpark $470M)
https://bsky.app/profile/fintwitter..../3lrboxh6x6524
Quote:
No, I am saying the opposite. The way BTC is created is via proof of work (equipment and electricity) and nobody can create more with CTRL + P.
Wait.... how did they make that purchase?
Did they use Dollars?
Printed out of thin air?
/Thread
Yes. Bitcoin and Bitcoin Cash are like totally identical man.Quote:
Originally Posted by J. Barron DeJong
https://bitinfocharts.com/comparison...tc-bch.html#3y
:)
Purchasing power of BTC is trending up. Purchasing power of dollars is trending down. You may not like it, but accept it.Quote:
Originally Posted by Bunion 2020
:)
That was not the question or your supposition.
And here is a thought, maybe just stop quoting me from other threads and I will not bother you while you jerk off over BTC.
Since the dollar is a guaranteed loss of 5-20% a year what are you doing to avoid that bunion? Regal us w your unmatched financial acumen..
Fuckoff. I have found that working is a solution. You know, getting a job..... You should try it.
Quote:
The average annual inflation rate in the US between 1913 and 2019 was 3.10%.
…If a tree falls in the forest…Quote:
Originally Posted by stalefish3169
Map of that BTC purchasing power in SEA.
https://uploads.tapatalk-cdn.com/202...aa279e55b9.jpg
Sent from my iPhone using Tapatalk
Also, avg inflation and inflation on the things we actually use are 2 different numbers. Feels good to hide behind cherry picked numbers but the real world is another thing.
Oh man, I love being lectured on economics by a guy who lives in his van. Tell me more on this and other selected subjects.Quote:
the dollar is a guaranteed loss of 5-20% a year
Bunion is quoting 100 yr avg inflation rates.
Bunions answer for defending capital is to work more. Genius.
https://youtu.be/ZSLeWghY5nA?si=vqgoGQ5f7euoXgIt
Nothing stops this train. Get some BTC in ya bunion. You're welcome.
Buddy, I have said repeatedly that I hope you make a fortune.
Why do you care if I am invested or not?
Sounds fishy to me. Cultlike even.
Best of luck.
Diversification