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

[J. Barron DeJong]

I said "average TGR poster." But feel free to tell us how you differ from what I described.


Per the GOOG:
"The average US skier is predominantly white, male, and of an older age:
Race
In the 2022-2023 season, 88.1% of US skiers identified as white, while 1.5% identified as Black. Only 11.3% of active skiers identify as an ethnic minority.
Gender
In 2022-2023, 63.5% of cross-country skiers were male and 36.5% were female.
Age
The median age of skiers is 35, and the number of older skiers is increasing. The skiing industry boomed in the 1950s and 1960s, driven by the baby boomer generation. Many baby boomers are now retired and using their leisure time and disposable income to ski.
The number of active snow sports participants in the US has been increasing, from 8.6 million in 1996-97 to 11.6 million in 2022-23. However, youth participation is not keeping pace with historical numbers."

Should have gone with median there. The average skier would be mixed race.

[bennymac]

I said "average TGR poster." But feel free to tell us how you differ from what I described.


Per the GOOG:
"The average US skier is predominantly white, male, and of an older age:
Race
In the 2022-2023 season, 88.1% of US skiers identified as white, while 1.5% identified as Black. Only 11.3% of active skiers identify as an ethnic minority.
Gender
In 2022-2023, 63.5% of cross-country skiers were male and 36.5% were female.
Age
The median age of skiers is 35, and the number of older skiers is increasing. The skiing industry boomed in the 1950s and 1960s, driven by the baby boomer generation. Many baby boomers are now retired and using their leisure time and disposable income to ski.
The number of active snow sports participants in the US has been increasing, from 8.6 million in 1996-97 to 11.6 million in 2022-23. However, youth participation is not keeping pace with historical numbers."

Now take it another racist step and explain what you meant when you said “ultra-white”

[stalefish3169]

Now take it another racist step and explain what you meant when you said “ultra-white”

Quit projecting. Have you apologized to the Na'vi for wearing Blueface?

[bennymac]

Nice meaningless deflection.

It’s remarkably easy to point out how you’re all the things you accuse others of being.

But go on - explain what you said - what does ultra-white mean? And how am I projecting when you’re the one who said it? Bet you can’t.

[stalefish3169]

Nice meaningless deflection.

It’s remarkably easy to point out how you’re all the things you accuse others of being.

Are you really trying to argue that a super majority of TGR posters is not white? Is Jong your alt account?

LOL

[bennymac]

Are we talking white or ultra-white? Quit being a coward and explain.

[stalefish3169]

Are we talking white or ultra-white? Quit being a coward and explain.

Post a selfie holding today's newspaper to prove you're a BIPOC chick and I'll apologize.

[bennymac]

My race/skin color has nothing to do with your racist assumptions.

[stalefish3169]

My race/skin color has nothing to do with your racist assumptions.

My post was relevant to the topic. Your stupid trolling is not. Like I said, prove you're not a middle aged white male, or STFU.

[XXX-er]

I identify as white but actualy off-white here

a ski guide refered to me as hAZN for hybrid AZN,

lots of gene diverstity eh

[bennymac]

My post was relevant to the topic. Your stupid trolling is not. Like I said, prove you're not a middle aged white male, or STFU.

You refuse to define “ultra white”. Noted.

Wouldn’t want to run into your racist self in a dark alley.

[stalefish3169]

You refuse to define “ultra white”. Noted.

Wouldn’t want to run into your racist self in a dark alley.

Here ya go, Benny. Should we keep going?

[The Nuclear Option]

Weird guessing games and deflection by Stalefish and a ski instructor being “sure” about BTC going up and up and up are as sure signs of a bubble as anything I’ve ever seen.

But who knows. All the bitcoiners will be Trillionaires and laughing at the fools who worked extra hard to go to college/grad schools or learn hard working trades and worked rather than simply buying bitcoin.

[J. Barron DeJong]

Weird guessing games and deflection by Stalefish and a ski instructor being “sure” about BTC going up and up and up are as sure signs of a bubble as anything I’ve ever seen.

But who knows. All the bitcoiners will be Trillionaires and laughing at the fools who worked extra hard to go to college/grad schools or learn hard working trades and worked rather than simply buying bitcoin.

Well, all the Bitcoin realized gains come from the loses of some other Bitcoin buyer, so not ALL Bitcoiners can become trillionaires. But I think you knew that.

[stalefish3169]

Well, all the Bitcoin realized gains come from the loses of some other Bitcoin buyer, so not ALL Bitcoiners can become trillionaires. But I think you knew that.

How is BTC unique in that way than almost every other market tradeable asset? What about people buying Mag 7 stonks trading at 30+ P/E ratios?

What about the scenario where people never sell BTC and just borrow against it?

[J. Barron DeJong]

How is BTC unique in that way than almost every other market tradeable asset? What about people buying Mag 7 stonks trading at 30+ P/E ratios?

What about the scenario where people never sell BTC and just borrow against it?

It’s different in that all the other assets are investing in things that generate revenue, and the holders are entitled to some of that revenue stream.

What you’re doing is more akin to ForEx trading. There’s no revenue stream, it’s just a bet that relative prices will move favorably for you.

And sure, just have all Bitcoiners HOLDL forever and borrow against it. That should be a stable equilibrium.

[J. Barron DeJong]

It’s different in that all the other assets are investing in things that generate revenue, and the holders are entitled to some of that revenue stream.

How do you STILL not understand this?

[byates1]

.

Sent from my Pixel 8 Pro using Tapatalk

[stalefish3169]

It’s different in that all the other assets are investing in things that generate revenue, and the holders are entitled to some of that revenue stream.

What you’re doing is more akin to ForEx trading. There’s no revenue stream, it’s just a bet that relative prices will move favorably for you.

And sure, just have all Bitcoiners HOLDL forever and borrow against it. That should be a stable equilibrium.

We'll keep our 60% CAGR and you hang on to your $0.06 dividend.

Also Mr, yOu'Re DoDgiNG my QueStIoN, what about the people buying Mag 7 stonks now? Are they greater fools? Or are they right to buy GOOG at its all-time-high because quantum computing is going to kill teh bitcornz?

[J. Barron DeJong]

We'll keep our 60% CAGR and you hang on to your $0.06 dividend.

Also Mr, yOu'Re DoDgiNG my QueStIoN, what about the people buying Mag 7 stonks now? Are they greater fools? Or are they right to buy GOOG at its all-time-high because quantum computing is going to kill teh bitcornz?

Jesus Christ.

*Current or expected future revenue streams.

But that doesn’t matter. The point is the two are fundamentally different.

Bitcoin is just robbing Peter to pay Paul, with the robber getting their beak wet for services provided. But there’s enough technology, and enough users, to obscure that fact from people like yourself.

[stalefish3169]

-stalefish, probably:

How's your Beanie Baby collection doing? Seems like maybe you should've bought BTC this day instead?

[Bunion 2020]

You have all come very far since this morning. Anyone change their minds yet?

[stalefish3169]

You have all come very far since this morning. Anyone change their minds yet?

My conviction has grown stronger and the lulz have been a blast. BTC just had its highest ever daily close. So pretty solid day all around.

[J. Barron DeJong]

Daily close? When’s closing time?

[stalefish3169]

Daily close? When’s closing time?

UTC midnight.