Current Events > my bitcoin is going crazy rn :)

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ROOTFayth
07/26/21 7:11:20 PM
#103:


1337toothbrush posted...
I'd rather not take a shot at my foot.
lol are you implying it's -EV?
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1337toothbrush
07/26/21 7:19:44 PM
#104:


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Eramir
07/26/21 7:27:14 PM
#105:


Bolle_Henk_ posted...
Nope. Stocks and real estate are definitely different in how they function. Collectibles I agree with, that's also speculating.
But its still a gamble in the sense you could lose your money, ofc theyre registered as a different type of security
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Swagnet0
07/26/21 7:45:38 PM
#106:


1337toothbrush posted...
https://finance.yahoo.com/news/amazon-denies-report-accepting-bitcoin-215220283.html
lol maybe that's why it went back down

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ROOTFayth
07/26/21 9:18:46 PM
#107:


1337toothbrush posted...
Why are you talking about EV with crypto?
there is an expected value to every time you risk money mate, whether it is lottery tickets, roulette, poker, stock market, bitcoin, shitcoins
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1337toothbrush
07/26/21 9:20:39 PM
#108:


ROOTFayth posted...
there is an expected value to every time you risk money mate, whether it is lottery tickets, roulette, poker, stock market, bitcoin, shitcoins

I thought you were referring to something else. Well yeah, this shit will ultimately go down.

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ROOTFayth
07/26/21 9:23:26 PM
#109:


1337toothbrush posted...
I thought you were referring to something else. Well yeah, this shit will ultimately go down.
well I disagree, which is why part of my portfolio is in bitcoins
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1337toothbrush
07/26/21 9:25:41 PM
#110:


Do you honestly think banks will stand by while bitcoin eats their lunch? Banks will step in long before that has anywhere near a chance of that happening.

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Tyranthraxus
07/26/21 9:27:19 PM
#111:


1337toothbrush posted...
Do you honestly think banks will stand by while bitcoin eats their lunch? Banks will step in long before that has anywhere near a chance of that happening.

Who do you think is trading the Bitcoin for cash

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Swagnet0
07/26/21 9:27:28 PM
#112:


1337toothbrush posted...
Do you honestly think banks will stand by while bitcoin eats their lunch? Banks will step in long before that has anywhere near a chance of that happening.
the same way blockbuster stopped streaming

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1337toothbrush
07/26/21 9:27:51 PM
#113:


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1337toothbrush
07/26/21 9:28:37 PM
#114:


Swagnet0 posted...
the same way blockbuster stopped streaming

If you think blockbuster had anywhere near the amount of influence that banks have now then you need to lay down the crack pipe. How do you think 2008 turned out the way it did?

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Swagnet0
07/26/21 9:29:24 PM
#115:


1337toothbrush posted...
If you think blockbuster had anywhere near the amount of influence that banks have now then you need to lay down the crack pipe. How do you think 2008 turned out the way it did?
it's called an analogy

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1337toothbrush
07/26/21 9:34:33 PM
#116:


Swagnet0 posted...
it's called an analogy
Analogies still have to make sense to be effective.

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Swagnet0
07/26/21 9:53:38 PM
#117:


bump

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ROOTFayth
07/26/21 11:09:09 PM
#118:


1337toothbrush posted...
Do you honestly think banks will stand by while bitcoin eats their lunch? Banks will step in long before that has anywhere near a chance of that happening.
and do you think this will happen before or after bitcoin is worth 100k? or 500k? or 1 million?
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1337toothbrush
07/26/21 11:21:57 PM
#119:


ROOTFayth posted...
and do you think this will happen before or after bitcoin is worth 100k? or 500k? or 1 million?
Before.

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Sad_Face
07/27/21 1:18:26 AM
#120:


1337toothbrush posted...
Before.

They already are figuring out how to leverage blockchain tech but it doesn't mean they can do jack about the BTC.

https://chainlinktoday.com/at-swifts-smarter-securities-chainlink-co-founder-sergey-nazarov -discussed-how-institutions-can-prepare-to-interface-with-many-different-blockchains/

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daynlokki
07/27/21 2:45:00 AM
#121:


Swagnet0 posted...
the same way blockbuster stopped streaming
Blockbuster actually had streaming services at the end lol.
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daynlokki
07/27/21 2:45:36 AM
#122:


ROOTFayth posted...
and do you think this will happen before or after bitcoin is worth 100k? or 500k? or 1 million?
Bitcoin is never going to be worth 500k lmao.
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ROOTFayth
07/27/21 7:18:55 AM
#123:


1337toothbrush posted...
Before.
before which of the numbers?
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Swagnet0
07/27/21 9:58:48 AM
#124:


.

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SpookyHov45
07/28/21 1:02:11 PM
#125:


I'd cash out now and roll into equity stocks like SPCE or VSTO. That's what I did at 40 at least.

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Pepys Monster
07/28/21 1:03:57 PM
#126:


I have $25,000 in crypto.

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ROOTFayth
07/28/21 2:14:43 PM
#127:


SpookyHov45 posted...
I'd cash out now and roll into equity stocks like SPCE or VSTO. That's what I did at 40 at least.
scale out imo, cashing out everything is dumb, this asset has performed incredibly well and missing out is worth too much imo, at I think from a risk management perspective you want to keep some, take some profit but keep as much as you can afford to lose

edit: dumb is probably too harsh of a word, I think it's a bad play to sell everything though unless you need that money in the direct future
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Swagnet0
07/28/21 11:37:58 PM
#128:


.

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