HairyMaclairy
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 21, 2021, 11:25:46 AM |
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Dude all the shitcoins get ground into the dirt by Bitcoin in the long run. Don’t waste your time.
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heslo
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Activity: 1197
Merit: 1126
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February 21, 2021, 11:29:41 AM |
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Sometimes it pays to come last haha
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BitcoinBunny
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Activity: 1540
Merit: 2766
Far, Far, Far Right Thug
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February 21, 2021, 11:30:53 AM |
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Dude all the shitcoins get ground into the dirt by Bitcoin in the long run. Don’t waste your time. Indeed, as others have mentioned, the point is to compare to Bitcoin performance, the yellow line on coinmarketcap. Even a top ten altcoin cannot get back to where it once was in comparison, even without the massive pumping of late. Thus over a long period of time, what is the point? Trying to chase 2x, 5x, 10x or more short term is very risky. Maybe you can get lucky, but I'm not even thinking about doing that. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FhqKSIcm.png&t=665&c=FgD2rmE4OAl9Lg)
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friends1980
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Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01
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February 21, 2021, 11:46:02 AM Last edit: February 21, 2021, 12:22:49 PM by friends1980 |
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Red sunday incoming
Do you have any rational argument to back up what you say or is this just a hunch? Its looks like only his wish for a red sunday which is not possible now. I am sure in next week we will hit 60K and above. Remember we have to reach 300,000$ by the end of year so we are right on track. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It's burstposting Sunday morning again. Only 15 minutes to go before the weekly post count starts. Hurry up and get that shitposting dildo greener! edit: next post idem dito ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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February 21, 2021, 12:00:51 PM |
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It’s nice that you want that, but the banks aren’t going to give a fuck about anything except Bitcoin. God knows XRP tried for 8+ years and got nowhere.
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somac.
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Never selling
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February 21, 2021, 12:29:01 PM |
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For anyone considering selling covered calls, just keep in mind this could be a very expensive decision
There is an outside chance that Bitcoin could go to crazy number this year. A $3.5k payment for giving away all the upside on a $200k sale in December 21 may not be a very good deal at all. It’s only a good deal if you are happy selling at $200k no matter what. Because the price could be $500k at that time. In that scenario, you just lost $296.5k in value.
Yes this is the risk, one has to remember you are doing this for the income and will forgo, if necessary capital gains. However, your example is not the best. Right now you could earn 3.5k on an option with strike price of 60k that expires in 2 weeks (5th March). Or, 3.2k an an option with strike price of 72k that expires in a little of 4 weeks (25th March). These 2 I mention also offer capital gains if the price expires over the strike price. I would only sell one month options at most.
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philipma1957
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'The right to privacy matters'
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February 21, 2021, 12:31:55 PM |
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already over 2x page parity ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It will reach 10x page parity before 2023 I bet. We are aiming for post parity. Impossible! Read my take on gold asteroids Nasa is going to land on one in 2022. There is at least 1000x the gold mined on earth on the asteroid. It is recoverable and can be shipped back to earth. This means gold loses its value as a storage of wealth, But gold batteries vs lead batteries weight about the same lead rots and battery dies in under 5 years. Gold won't rot the battery will last 100-200 years. Elon Musk pushing a space travel deal with Nasa= fact Elon Musk has electric cars = fact Elon Musk purchased 1.5 billion Usd worth of BTC = fact Ford to go all electric in Europe by 2030 we have about 550,000 posts = fact If BTC had gold's makes cap it would be worth 550,000 to 600,000 a coin = fact Many years ago 1880 -1920 cars replaedc the horse and carriage We may be seeing the electric car replace the gas car asap by 2030-2035 Stick with oil/gas/coal and go the route of the dinosaurs. Or join the space force (trumps idea) and evolve. So 565k to 600k in under 2 years is not impossible if my case above is what is happening right here and right now. Stack and hodl your btc.
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tertius993
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February 21, 2021, 01:11:37 PM |
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already over 2x page parity ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It will reach 10x page parity before 2023 I bet. We are aiming for post parity. Impossible! Read my take on gold asteroids Nasa is going to land on one in 2022.There is at least 1000x the gold mined on earth on the asteroid. It is recoverable and can be shipped back to earth. This means gold loses its value as a storage of wealth, But gold batteries vs lead batteries weight about the same lead rots and battery dies in under 5 years. Gold won't rot the battery will last 100-200 years. Elon Musk pushing a space travel deal with Nasa= fact Elon Musk has electric cars = fact Elon Musk purchased 1.5 billion Usd worth of BTC = fact Ford to go all electric in Europe by 2030 we have about 550,000 posts = fact If BTC had gold's makes cap it would be worth 550,000 to 600,000 a coin = fact Many years ago 1880 -1920 cars replaedc the horse and carriage We may be seeing the electric car replace the gas car asap by 2030-2035 Stick with oil/gas/coal and go the route of the dinosaurs. Or join the space force (trumps idea) and evolve. So 565k to 600k in under 2 years is not impossible if my case above is what is happening right here and right now. Stack and hodl your btc. Do you mean the OSIRIS-Rex mission? If so it is already on the asteroid and due to return to earth in 2023, however, it is only targeting bringing back 60 grams of material ... I think it will be a LONG time before there is any commercially viable mining of asteroids ... decades at least. As far as I can tell (relying on the power of Google) there are no other sample return asteroid missions planned. Don’t disagree with your assessment of the transition to electric cars ... indeed I am planning what I expect to be my last ICE-car purchase now, however, I don’t think gold will be sufficiently abundant for it to replace lead in batteries in my lifetime. Additionally I feel that there are quite entrenched forces that would be against such a transformation in the gold markets.
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uninterestedparty33
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February 21, 2021, 02:15:04 PM |
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For anyone considering selling covered calls, just keep in mind this could be a very expensive decision
There is an outside chance that Bitcoin could go to crazy number this year. A $3.5k payment for giving away all the upside on a $200k sale in December 21 may not be a very good deal at all. It’s only a good deal if you are happy selling at $200k no matter what. Because the price could be $500k at that time. In that scenario, you just lost $296.5k in value.
Yes this is the risk, one has to remember you are doing this for the income and will forgo, if necessary capital gains. However, your example is not the best. Right now you could earn 3.5k on an option with strike price of 60k that expires in 2 weeks (5th March). Or, 3.2k an an option with strike price of 72k that expires in a little of 4 weeks (25th March). These 2 I mention also offer capital gains if the price expires over the strike price. I would only sell one month options at most. Options are still hard for me to grasp. As far as I understand the moment you try options, you are 'naked' buying and selling and that is very bad. How do you cover?
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Phil_S
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Activity: 2104
Merit: 1521
We choose to go to the moon
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February 21, 2021, 02:31:00 PM |
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Nasa is going to land on one in 2022.
Nope. It is recoverable and can be shipped back to earth.
Nope.
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Poker Player
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February 21, 2021, 02:41:34 PM |
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I am wondering if there are many bitcoinaires in this thred. I suppose you wouldn't disclose it, but I bet there are already some and that there will be more as price rises.
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bitcoinPsycho
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$120000 in 2024 Confirmed
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February 21, 2021, 02:43:33 PM |
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I am wondering if there are many bitcoinaires in this thred. I suppose you wouldn't disclose it, but I bet there are already some and that there will be more as price rises. There has been many boating accidents in this thread and many of us have lost the lot
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AlcoHoDL
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Addicted to HoDLing!
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February 21, 2021, 02:46:18 PM |
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I am wondering if there are many bitcoinaires in this thred. I suppose you wouldn't disclose it, but I bet there are already some and that there will be more as price rises. There has been many boating accidents in this thread and many of us have lost the lot Too right! Not counting Kebabs.
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ivomm
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All good things to those who wait
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February 21, 2021, 03:00:03 PM |
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Phil_S
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We choose to go to the moon
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February 21, 2021, 03:00:22 PM |
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xhomerx10
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February 21, 2021, 03:13:21 PM |
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![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FByD7TOi.jpg&t=665&c=D8tsiMlP8iggxQ) What's wrong with mainstream media ? Are they falsely reporting these opinion about bitcoin ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Michael Smerconish is a former Republican turned independent in 2010 - this was an informal poll located on his website smerconish.com - normally his questions get between 7k and 9k responses but it's about as representative of the general public as our formal WO polls. Hands up if you've ever heard of Smerconish... that's what I thought. Fuck him for publishing the results of this invalid poll on CNN. He announced it on his twitter account - sending people to his site with no direct link ie smerconish dot com and giving them one day to vote. The funniest part is this: I thought Stolfi had died. Huh. Good news though. More corn for us! ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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