JimboToronto
Legendary
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Activity: 4088
Merit: 4690
You're never too old to think young.
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January 25, 2021, 02:19:25 PM |
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Good morning Bitcoinland.
Still bouncing in the $3xxxx range but a little higher with each bounce... currently $44840USD/$44333CAD (Bitcoinaverage).
Looks like last week's bear trap is almost closed. Just another little $1k ant step more.
Go Bitcoin go.
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BobLawblaw
Legendary
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Activity: 1847
Merit: 5613
Neighborhood Shenanigans Dispenser
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January 25, 2021, 02:39:10 PM |
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https://ir.marathonpg.com/press-releases/detail/1224/marathon-invests-150-million-in-bitcoinLAS VEGAS, Jan. 25, 2021 (GLOBE NEWSWIRE) -- Marathon Patent Group, Inc. (NASDAQ:MARA) ("Marathon" or "Company"), one of the largest enterprise Bitcoin self-mining companies in North America, today announced that it has purchased 4,812.66 BTC in an aggregate purchase price of $150 million. As a result, the Company has strengthened its position as one of the only Nasdaq-listed, pure-play investment options for individuals and institutions seeking exposure to Bitcoin.
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aesma
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January 25, 2021, 02:46:29 PM |
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Imagine investing in such a company to get "exposure to Bitcoin" then in some years when BTC is worth much more and you feel like a millionaire, you realize the company was a ponzi and there is no BTC left.
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Sayeds56
Copper Member
Hero Member
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Activity: 1372
Merit: 728
Eloncoin.org - Mars, here we come!
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January 25, 2021, 02:48:29 PM |
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Good morning Bitcoinland.
Still bouncing in the $3xxxx range but a little higher with each bounce... currently $44840USD/$44333CAD (Bitcoinaverage).
Looks like last week's bear trap is almost closed. Just another little $1k ant step more.
Go Bitcoin go.
4 Hrs candle is green and price of BTC is above 50 SMA which is a good sign. Grayscale should buy more BTC to pump it to new highs.
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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January 25, 2021, 02:56:01 PM |
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Imagine investing in such a company to get "exposure to Bitcoin" then in some years when BTC is worth much more and you feel like a millionaire, you realize the company was a ponzi and there is no BTC left.
I think BTC proceeds will eventually result in share buy backs: managers happy and shareholders happy. Bitcoin price should not suffer that much if the sales are spread out and the Bitcoin market has grown much bigger.
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Mikal Sailer
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Activity: 1
Merit: 0
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January 25, 2021, 02:56:31 PM |
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Just about to buy another 40,000BTC. I’m sending this shit to $82,000 on my own. Barry Silbert ain’t got shit on me. I’m gonna set up the $100,000 party on Bob’s ranch. Hookers & blow, no JJG though, dancing fag. Off to do Chad shit, see ya’ll soon.
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AlcoHoDL
Legendary
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Activity: 2450
Merit: 4426
Addicted to HoDLing!
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January 25, 2021, 02:56:48 PM |
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Imagine investing in such a company to get "exposure to Bitcoin" then in some years when BTC is worth much more and you feel like a millionaire, you realize the company was a ponzi and there is no BTC left.
Not your keys, not your Bitcoin.Bitcoin investment companies (like Grayscale) are good for Bitcoin, but not suitable for those who are Bitcoin-literate enough to really own their coins (that's us). Why would any one of us use their services, when we are perfectly capable of actually owning (a.k.a. holding the keys to) Bitcoin and being our own bank? These companies can help the Bitcoin-illiterate investors have some skin in the game and reap some of the profits. All the better for everyone (and our keys are secure, while we reap all the profits). Win-win.
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serveria.com
Legendary
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Activity: 2324
Merit: 1184
Privacy Servers. Since 2009.
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January 25, 2021, 02:59:00 PM |
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Good morning Bitcoinland.
Still bouncing in the $3xxxx range but a little higher with each bounce... currently $44840USD/$44333CAD (Bitcoinaverage).
Looks like last week's bear trap is almost closed. Just another little $1k ant step more.
Go Bitcoin go.
4 Hrs candle is green and price of BTC is above 50 SMA which is a good sign. Grayscale should buy more BTC to pump it to new highs. Or better: "Tesla buying BTC" or "Amazon stock gets denominated in BTC" that would be uberbullish!
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serveria.com
Legendary
Offline
Activity: 2324
Merit: 1184
Privacy Servers. Since 2009.
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January 25, 2021, 03:09:41 PM |
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AlcoHoDL
Legendary
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Activity: 2450
Merit: 4426
Addicted to HoDLing!
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January 25, 2021, 03:22:08 PM |
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Yeah, yeah... I bet they would have responded the same in 2015 or 2016, and look where we are now... In fact, just go out on the street and ask the first 100 passers-by. Even screen them for a university degree at the minimum. I bet 95% would answer that it's going to zero. Same if you had asked them about the internet in the 80s. More quality meme material in the making. WO will be flooded when Bitcoin hits $100k in a few months.
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Karartma1
Legendary
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Activity: 2310
Merit: 1422
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January 25, 2021, 03:24:31 PM Merited by JayJuanGee (1) |
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I will reply with this
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600watt
Legendary
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Activity: 2338
Merit: 2106
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January 25, 2021, 03:31:34 PM |
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Yeah, yeah... I bet they would have responded the same in 2015 or 2016, and look where we are now... In fact, just go out on the street and ask the first 100 passers-by. Even screen them for a university degree at the minimum. I bet 95% would answer that it's going to zero. Same if you had asked them about the internet in the 80s. More quality meme material in the making. WO will be flooded when Bitcoin hits $100k in a few months. DB stock went from almost €100 to currently €8. bleeding for more than a decade. binance makes more profit. imho it is safe to say that chances that DB shares will double are way smaller than the chances it goes to zero... they did hire a bitcoin podcaster (board level i think) though.
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Dabs
Legendary
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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January 25, 2021, 03:33:38 PM |
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Imagine investing in such a company to get "exposure to Bitcoin" then in some years when BTC is worth much more and you feel like a millionaire, you realize the company was a ponzi and there is no BTC left.
Not your keys, not your Bitcoin.Bitcoin investment companies (like Grayscale) are good for Bitcoin, but not suitable for those who are Bitcoin-literate enough to really own their coins (that's us). Why would any one of us use their services, when we are perfectly capable of actually owning (a.k.a. holding the keys to) Bitcoin and being our own bank? These companies can help the Bitcoin-illiterate investors have some skin in the game and reap some of the profits. All the better for everyone (and our keys are secure, while we reap all the profits). Win-win. There are a few reasons, such as having exposure in your registered tax-sheltered government/bank retirement/savings accounts like IRA, ROTHs (for US), RRSP, TFSA (for Canadians), and whatever equivalent for other countries. You'll want some in both self-custody (your keys, your coins) as well as on insured custodial ETF/stocks. It's also a way to legitimately increase the contribution rooms in such types of accounts. You'll get taxed the usual way, or not taxed, depending on the type.
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Torque
Legendary
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Activity: 3640
Merit: 5170
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January 25, 2021, 03:44:22 PM |
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The same financial rags claim that Bitcoin is also the most crowded long trade, not the most shorted. If traders truly thought it would halve from here, they'd be majorly leveraged short. Nothing to see but FUD here, move along...
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JimboToronto
Legendary
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Activity: 4088
Merit: 4690
You're never too old to think young.
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January 25, 2021, 03:49:47 PM |
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More quality meme material in the making. WO will be flooded when Bitcoin hits $100k in a few months.
You mean like this? I guess I should stick a BTC logo over the circle.
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True Myth
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January 25, 2021, 03:53:58 PM |
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Since this bull run has started we've spent a maximum of 12 days below the main channel before reentering. The last time we floated around below the main channel we moved back up in within 4 days. Current price movement puts us entering back into the main channel today or tomorrow.
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Dabs
Legendary
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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January 25, 2021, 04:07:25 PM |
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More quality meme material in the making. WO will be flooded when Bitcoin hits $100k in a few months.
You mean like this? I guess I should stick a BTC logo over the circle. I'm looking for anything that could represent bitcoin "certificates" or bills or something, some sort of design or artwork for paper wallets. There have been a few but none I really like. Something like "bearer certificate", that somehow conveys the importance or value of the paper other than just saying these are the keys to corn worth a xx dollars. It is just for cosmetic purposes as a true paper / metal wallet is simply just the seed words or the private key on it.
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AlcoHoDL
Legendary
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Activity: 2450
Merit: 4426
Addicted to HoDLing!
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January 25, 2021, 04:10:01 PM Merited by BinaryReign (2) |
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More quality meme material in the making. WO will be flooded when Bitcoin hits $100k in a few months.
You mean like this? I guess I should stick a BTC logo over the circle. Wow! I was not aware that such a bill existed! Good for brrrrrrrrrr... Should save some paper. But no, it's based on gold, and they don't like that. More rare banknotes and backstory.
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friends1980
Legendary
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Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01
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January 25, 2021, 04:11:21 PM |
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(...) Hurts to know these peaks Will be the closest we'll get To the Alps this year#nohomo #noskiing
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Torque
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Activity: 3640
Merit: 5170
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January 25, 2021, 04:34:34 PM Last edit: January 25, 2021, 04:46:34 PM by Torque |
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OT: Wow...just look at stonks like Gamestop and Blackberry. Ridiculous pump and dumps everywhere.
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