Bitcoin....who's gotten into it?

[Bunion 2020]

Hopefully Stalefish's crabs have cleared up.

That can drive a man crazy.

[bennymac]

AI and even the whole GameStop saga have done more to change the world/expose the bullshit in tradfi space in the last 2 years then BTC has in over a decade.

Sure many individuals have had their lives improved considerably via BTC/crypto - that’s undeniable. Also many have had their lives ruined.

But on a global scale? The world is still waiting for this revolution. The whole “well the internet took a long time to get going!” excuse was always very thin (given the pace of technological adoption is a million times faster now than in the 90s) and it’s getting thinner as time passes and as we see other new tech ideas change the world immediately.

But I’m a “fucking idiot” because I own BTC but also disdain the culty “you better tow the ever optimistic party line or you’re not in our club” bullshit that gets spewed about it.

[byates1]

I def think BTC growth has been tempered by the behemoths showing up. Gold is 10-13T and that market can and has been corned. BTC at a trillion, maybe 2. Yeah that's not hard to imagine completely controlling. BTC will probably be 100-200k when im 65. Maybe higher. Who knows. The 1M BTC is a stretch for me.

The reality is ppl are morons. They think money is the paper in your pocket. All they want is fried chicken and Netflix. And a cool car. It's fine.

Memorial Day BBQ, dude next to me has 21 BTC. I said we'll go to 40, he said we'd never go below 58 ever again. Well almost happened in today's meltdown.
No one knows anything. Including me. I took profit at 65/68/73. Happy to buy back in lower. Been buying physical gold, high powered rifles, ammo. Been looking at land. I might by 10 acres 30 min from Taos ski valley. Come park stay and ski.

[stalefish3169]

I'm waiting for stales next bs article link about how bc is saving the planet

https://bitcoinmagazine.com/business...000-in-finland

[stalefish3169]

Pretty quiet around here… how’s Bitcoin doing?

The network is working perfectly. Short-term speculators getting scared into selling their coins to the big fish. Haters taking a victory lap at 60k after they said it was dead at 16k. Pretty normal stuff tbh.

[byates1]

Lol

[MultiVerse]

But on a global scale? The world is still waiting for this revolution. The whole “well the internet took a long time to get going!” excuse was always very thin (given the pace of technological adoption is a million times faster now than in the 90s) and it’s getting thinner as time passes and as we see other new tech ideas change the world immediately.

In an inversion of nearly everything discussed in this thread, dollar based stablecoins are the killer app for crypto. They've become the dominant system of global purely digital money. Most, around 80 percent, of crypto activity now utilizes stablecoins. And 99 percent of stablecoins use the dollar as their unit of account.

[up an down]

In an inversion of nearly everything discussed in this thread, dollar based stablecoins are the killer app for crypto. They've become the dominant system of global purely digital money. Most, around 80 percent, of crypto activity now utilizes stablecoins. And 99 percent of stablecoins use the dollar as their unit of account.

Byates and stale will burn you at the stake for your heresy.

[stalefish3169]

The real rat poison squared.

https://finance.yahoo.com/news/balti...kzFnYpw1N-lFNJ

[J. Barron DeJong]

The real rat poison squared.

https://finance.yahoo.com/news/balti...kzFnYpw1N-lFNJ

Bitcoin solves this.

[stalefish3169]

AI and even the whole GameStop saga have done more to change the world/expose the bullshit in tradfi space in the last 2 years then BTC has in over a decade.

Sure many individuals have had their lives improved considerably via BTC/crypto - that’s undeniable. Also many have had their lives ruined.

But on a global scale? The world is still waiting for this revolution. The whole “well the internet took a long time to get going!” excuse was always very thin (given the pace of technological adoption is a million times faster now than in the 90s) and it’s getting thinner as time passes and as we see other new tech ideas change the world immediately.

But I’m a “fucking idiot” because I own BTC but also disdain the culty “you better tow the ever optimistic party line or you’re not in our club” bullshit that gets spewed about it.

The actual issue here is that you're doing a cognitive dissonance dance. You own BTC as a feeble lie you tell yourself to obscure that fact that you want BTC to fail. In fact, you want it to fail, bigly. You're very comfortable with your North American financial privilege and anything that threatens the status quo is an impediment to your upper-class lifestyle. It's the obvious explanation that allows you to state that BTC is no big deal and ignore it went from nothing to most powerful computer network on the planet, giving everyone equal access to transact on the network, and rapidly became the most successful ETF launch in history by a wide margin.

[frorider]

Stale, does it concern you that this ^ post is extremely similar to what we read from Leroy J?

[frorider]

You may think you’re scoring rhetorical points, just like Leroy does in the gunz thread.

[frorider]

I’m not saying all your posts are channeling LJ. Just ones like this.

[stalefish3169]

I'm not familiar with Leroy's work.

But I'd say that there are lots of others in this thread in the same boat as Blue Benny. You all just hate that I remind you of how the world actually works when you'd just like to be able to check your Charles Schwab balance while riding up KT-22 without thinking about the poors.

[J. Barron DeJong]

I'm not familiar with Leroy's work.

But I'd say that there are lots of others in this thread in the same boat as Blue Benny. You all just hate that I remind you of how the world actually works when you'd just like to be able to check your Charles Schwab balance while riding up KT-22 without thinking about the poors.

Stale was thinking about the poors the whole time he was on vacation in Hawaii.

[bennymac]

The actual issue here is that you're doing a cognitive dissonance dance. You own BTC as a feeble lie you tell yourself to obscure that fact that you want BTC to fail. In fact, you want it to fail, bigly. You're very comfortable with your North American financial privilege and anything that threatens the status quo is an impediment to your upper-class lifestyle. It's the obvious explanation that allows you to state that BTC is no big deal and ignore it went from nothing to most powerful computer network on the planet, giving everyone equal access to transact on the network, and rapidly became the most successful ETF launch in history by a wide margin.

Nope. Wrong as usual.

BTC going to 300k would 1) make me lots of money and 2) have no other effect on my finances that are outside the crypto space.

So no. Your little made up fantasy about me is wrong.

And yeah - this kinda off the rails post definitely has Leeroy vibes - just flailing about trying to rewrite reality into something/anything that protects his ego while allowing him to avoid actually honestly reflecting on what’s being said.

[stalefish3169]

Nope. Wrong as usual.

So no. Your little made up fantasy about me is wrong.

I love how the people that have continually said BTC is dead and nobody will ever buy crypto again after FTX keep saying I'm delusional and living in fantasy land.

[stalefish3169]

Stale was thinking about the poors the whole time he was on vacation in Hawaii.

Oh no! I went on vacation!

[J. Barron DeJong]

Oh no! I went on vacation!

An Icon pass costs a lot less than a Hawaiian vacation is the point.

So why do you think you are the only one here who cares about the less fortunate?

And Bitcoin doesn’t help them anyway.

[bennymac]

I love how the people that have continually said BTC is dead and nobody will ever buy crypto again after FTX keep saying I'm delusional and living in fantasy land.

We know my post and the ensuing posts got under your skin when, instead of commenting on it, you concocted a fantasy about me and how I want BTC to secretly fail so my privileged life isn’t threatened. Haha if BTC goes to a 300k how the fuck does that threaten someone who holds BTC? How does that even threaten someone who doesn’t hold BTC?

Like. What. The. Fuck. Are. You. Talking. About.

Also I never once said BTC is dead or that nobody will buy crypto after FTX failed. But you already know that. You’re getting extra, extra desperate here. It’s cringey and embarrassing to watch you flail about.

Go back to my post that triggered you so hard and comment on that instead of flying into a delusional rage where you’re literally making shit up about me.

JFC even Byates wrote a reasonable response that was grounded in reality. Your posts are delusional by definition - you might want to look up what that means as you seem to not understand.

[shera]

still ranging

[J. Barron DeJong]

Weird coincidence that all the Crypto bros are giving their millions to elect the leader of the party that absolutely DGAF about poor people.

I’m sure that on net more lax crypto regulation will help poor people more than the destruction of the social safety net hurts them, right?

[dunfree]

Cryptobros still pretending to give a fuck about the poors? Damn they are fucking stupid.

[byates1]

I just hope BTC does ok so dunfree and I can retire to ne MT and live happily ever after

https://montana.craigslist.org/reb/d...759073713.html