Torque
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Amazing to me that when bitcoin first crossed the $58k/btc mark, everyone was collectively losing their shit. Now that we're here again, everyone is like "Meh. When $200k?"
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ChartBuddy
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Activity: 2310
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 14, 2021, 08:01:25 PM |
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JayJuanGee
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Activity: 3850
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Self-Custody is a right. Say no to"Non-custodial"
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October 14, 2021, 08:44:21 PM |
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A GF would likely come with a phone so there's that angle.
Yes. And what else does she come with? Negotiations for usage... convenient? perhaps? perhaps?
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 14, 2021, 09:01:37 PM |
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OutOfMemory
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Man who stares at charts (and stars, too...)
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October 14, 2021, 09:02:42 PM |
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A GF would likely come with a phone so there's that angle.
Hmmm, some interesting, creative ways to interpret this are coming to my mind right now
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eddie13
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BTC or BUST
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October 14, 2021, 09:47:33 PM |
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Are you trying to say that bitcoin is "not" designed to pump forever? I'm saying the planet isn't designed to pump forever Whether we are talking 1 house per BTC or 10 houses per BTC or some other price point, there is a bit of a suggestion that houses (in your example) are as scarce as bitcoin, amiNOTrite? Make it 100 houses per Bitcoin, 2.1 billion houses on the planet seams about right. I will concede with an overall point that our bitcoin price trajectory (including ongoing BTC prices) is going to likely become more and more flat with the passage of time, but I am having some doubts that bitcoin would stay flat relative to any particular asset, such as 10 houses because that would suggest that houses are as rare as bitcoin... It can't keep going up, otherwise at some point 1 Bitcoin would be worth a billion houses. Accordingly, maybe 1 year from now, we have bitcoin valued at 1 house, then 5 years from now we have bitcoin valued at 10 houses, then 9 years from now we have bitcoin valued at 16 houses, then 13 years from now we have bitcoin valued at 24 houses, then 17 years from now we have bitcoin valued at 34 houses, then 21 years from now we have bitcoin valued at 44 houses, then 25 years from now we have bitcoin valued at 52 houses, then 29 years from now we have bitcoin valued at 58 houses, A flattening S-curve makes sense. Your both bearish af.. In 2066 the Milky Way galaxy will be worth approximately 2.1 BTCWe will have conquered deep space by then with the power of our Bitcoin profits.. In about 2032.. And then when all the space aliums adopt our BTC monetary system, our stashes will be worth infinity.. HODL
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fillippone
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Activity: 2296
Merit: 16419
Fully fledged Merit Cycler - Golden Feather 22-23
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October 14, 2021, 09:53:02 PM Last edit: May 15, 2023, 10:50:08 PM by fillippone |
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Something is definitely happening on the futures market: My two cents here: Everything you wanted to know about BTC futures but were afraid to ask!Tl;DR They is a buying spree @CME futures. There is no rational reason for this rather than a bigger spree in the making.
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eddie13
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BTC or BUST
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October 14, 2021, 09:57:03 PM |
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I wonder which is better? a GF? or a second phone?
A 2nd and 3rd GF..
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 14, 2021, 10:01:25 PM |
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Copetech
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October 14, 2021, 10:32:03 PM |
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I wonder which is better? a GF? or a second phone?
A 2nd and 3rd GF.. That's an awful lot of maintenance costs for very little return...
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shahzadafzal
Copper Member
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October 14, 2021, 10:50:30 PM |
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savetherainforest
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October 14, 2021, 10:51:19 PM |
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I wonder which is better? a GF? or a second phone?
A 2nd and 3rd GF.. That's an awful lot of maintenance costs for very little return... Soon comes "no fap November"!!!
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shahzadafzal
Copper Member
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October 14, 2021, 10:54:30 PM |
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A horror movie!
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 14, 2021, 11:01:25 PM |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 15, 2021, 12:01:34 AM |
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Biodom
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October 15, 2021, 12:12:33 AM |
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All futures based ETF are POS. I looked at quite a few, price-wise. Futures based ETF are great for shorting, that's all. They typically pop for a few mo (and not longer than a year) and then go down year after year, no matter what the underlying does, it seems.
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Sayeds56
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Activity: 1428
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Buzz App - Spin wheel, farm rewards
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October 15, 2021, 12:18:15 AM Merited by JayJuanGee (1) |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 15, 2021, 01:01:25 AM |
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JayJuanGee
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Activity: 3850
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Self-Custody is a right. Say no to"Non-custodial"
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October 15, 2021, 01:13:54 AM |
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All futures based ETF are POS. I looked at quite a few, price-wise. Futures based ETF are great for shorting, that's all. They typically pop for a few mo (and not longer than a year) and then go down year after year, no matter what the underlying does, it seems. Please, please, please Biodom, say that it isn't so - since it doesn't sound good. We are surely gonna be fucked if any ETFs are approved. Say "good bye" to lillie fiend - this time for sure, right? Sucks to be a btc bag HODLer.
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Biodom
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October 15, 2021, 01:31:56 AM Last edit: October 15, 2021, 01:45:07 AM by Biodom |
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@JJG..you just don't get it, don't ya?
Bitcoin would be fine, it is the PRICE of that (FUTURES BASED) ETF that would be f-ed up, that's all. "Regular" btc ETF (based not on futures, but on the spot price) would be fine just as well, just like GLD is fine and is largely following the commodity. Alas, futures -based ETFs do not do that (follow the underlying commodity) over long periods of time.
..sideways..for all your buy/sell scenarios, get some education in how futures vs spot work.
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