El duderino_
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Activity: 2492
Merit: 11990
BTC + Crossfit, living life.
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October 18, 2021, 12:24:42 PM |
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Torque
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Activity: 3542
Merit: 5039
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October 18, 2021, 01:00:14 PM |
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I can't believe that a CEO of a major financial institution is quoted as studying the PlanB S2F model, which was created by a nobody. Absolutely surreal. https://www.cnbc.com/2021/10/17/bitcoin-bull-mark-yusko-sees-trouble-at-60000-says-its-overbought.html“There are a lot of people that think we could hit $100,000 by the end of the year. The stock to flow model says we should,” the Morgan Creek Capital Management CEO and CIO told CNBC’s “Trading Nation” on Friday. My comment was not so much a hit on PlanB's S2F model, but moreso that a wealthy elite with access to the world's smartest, highly paid quants is basing his bitcoin buying decisions on something created by the community at large. Just goes to show how clueless these people really are about the Bitcoin market.
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 18, 2021, 01:01:25 PM |
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aysg76
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Activity: 1960
Merit: 2124
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October 18, 2021, 01:03:48 PM |
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With bitcoin above $60k Satoshi Nakamoto is 20th richest person on planet with networth of $60 billion.
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samson
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Activity: 2097
Merit: 1068
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October 18, 2021, 01:06:18 PM |
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In 2013 Michael Saylor said "Bitcoin days are numbered. It seems like just a matter of time before it suffers the same fate as online gambling". He changed his mind? Or just a good poker player telling us Bitcoin is future and at the end will hammer Bitcoin once he got out?
C'mon, clearly he'll say whatever helps make his investors more money. That's all he's ever done. Not really, he was clearly very wrong back in 2013, pity he took so long to change his mind as he could have many times more coins right now for a fraction of the cost.
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Wekkel
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Activity: 3108
Merit: 1531
yes
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October 18, 2021, 01:06:48 PM |
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Just goes to show how clueless these people really are about the Bitcoin market.
They are as clueless about Bitcoin and life in general as we are. Everybody just tries things. Some things will work out, some don’t. One thing is clear: nowadays it’s better to fail by buying into Bitcoin, than failing by not buying Bitcoin. The Gauntlet has been thrown.
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Torque
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Activity: 3542
Merit: 5039
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October 18, 2021, 01:10:41 PM |
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That couldn't be more dead on.
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Dabs
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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October 18, 2021, 01:13:59 PM |
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Oh gawd... you are amazing.. if you do not say so ur lil selfie. I know u guys love bitcoin. But it's flawed. U can't love math, it's just math. It's like loving a rock. Or those rock NFT jpgs. You can love math. To say that you can't love math is tantamount to admitting you don't understand math. As a kid they gave us a math text book in first grade. It had the work in it from sept 1962 to June 1963. I loved math so much that I finish all the chapters with all the problems by October 1st. Back in the day there were no calculators so multiplication tables were supposed to be memorized from 1 x 1 up to 12 x 12 a grid that was 12 by 12. once I memorized it I made a multiplication table from 1 x 1 to 20 x 20 and memorized it. So yeah math lovers do exist . Now to defend savetherainforest i suspect BTC will have issues of scaling and shit coins will always be here. But what do I know not much. I think us younger ones got to around 10x10 tables, and then it was easy enough to extrapolate it or just use that to get to 1 billion if needed. Off topic but I just rediscovered chess. As in the board game. It feels like a math love type of thing. I played it a long time ago, and it is an ageless game having survived about a thousand years the way it is, but today is modernized with standard looking pieces and how the current rules. The computer side of it is also interesting as it was already about a decade ago that human grandmasters can no longer compete with computer chess players (now known as chess engines). Simple app on a phone will beat humans, and we just use them as analysis tools now.
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Torque
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Activity: 3542
Merit: 5039
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Just goes to show how clueless these people really are about the Bitcoin market.
They are as clueless about Bitcoin and life in general as we are. Everybody just tries things. Some things will work out, some don’t. One thing is clear: nowadays it’s better to fail by buying into Bitcoin, than failing by not buying Bitcoin. The Gauntlet has been thrown. No doubt. My decision to heavily invest in bitcoin in 2013 was literally life-changing. The best decision of a lifetime.
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 18, 2021, 02:01:25 PM |
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bitcoinPsycho
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Activity: 2464
Merit: 2066
$120000 in 2024 Confirmed
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October 18, 2021, 02:12:40 PM |
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Just goes to show how clueless these people really are about the Bitcoin market.
They are as clueless about Bitcoin and life in general as we are. Everybody just tries things. Some things will work out, some don’t. One thing is clear: nowadays it’s better to fail by buying into Bitcoin, than failing by not buying Bitcoin. The Gauntlet has been thrown. No doubt. My decision to heavily invest in bitcoin in 2013 was literally life-changing. The best decision of a lifetime. Well done . Here's a medal for you
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 18, 2021, 03:01:32 PM |
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Cryptotourist
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Fully expecting for the hashrate to consolidate, and the price to start pumping. Hard. Go BTC, go!
#ATH.incoming
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 18, 2021, 04:01:24 PM |
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cygan
Legendary
Online
Activity: 3136
Merit: 7689
Cashback 15%
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October 18, 2021, 04:30:41 PM |
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El duderino_
Legendary
Online
Activity: 2492
Merit: 11990
BTC + Crossfit, living life.
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October 18, 2021, 04:48:07 PM |
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Just goes to show how clueless these people really are about the Bitcoin market.
They are as clueless about Bitcoin and life in general as we are. Everybody just tries things. Some things will work out, some don’t. One thing is clear: nowadays it’s better to fail by buying into Bitcoin, than failing by not buying Bitcoin. The Gauntlet has been thrown. No doubt. My decision to heavily invest in bitcoin in 2013 was literally life-changing. The best decision of a lifetime. You got some similar brothers in here Torque
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cygan
Legendary
Online
Activity: 3136
Merit: 7689
Cashback 15%
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October 18, 2021, 04:56:01 PM |
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ChartBuddy
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Activity: 2156
Merit: 1745
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 18, 2021, 05:01:25 PM |
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Hueristic
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Activity: 3794
Merit: 4863
Doomed to see the future and unable to prevent it
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October 18, 2021, 05:07:59 PM Merited by JayJuanGee (1) |
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JayJuanGee
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Activity: 3696
Merit: 10148
Self-Custody is a right. Say no to"Non-custodial"
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October 18, 2021, 05:47:46 PM |
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As a kid they gave us a math text book in first grade. It had the work in it from sept 1962 to June 1963. I loved math so much that I finish all the chapters with all the problems by October 1st.
We had a book called "7 a day" with 7 problems in each section. I'd usually run through multiple sections each lesson and then they put me in the "8 a day" book. I learned then that hard work is often rewarded only by more hard work. Poor lil Richie----tttttttttteeeeeeed That's the start of your having had become so damned jaded, perhaps? Got to say I'm a bit disappointed: We just closed the weekly ATH a few minutes ago, are at 62,500 and there is not one picture of a train anywhere on this forum.
What happened?
Lovely.... It be called: "zen" Got to say I'm a bit disappointed: We just closed the weekly ATH a few minutes ago, are at 62,500 and there is not one picture of a train anywhere on this forum.
What happened?
There will be more enthusiasm at $70K. You would not know "zen" if it slapped you in the face... maybe you need a slap in the face? Would that help? I doubt it. #justsaying.what time does this weekly candle close?
Yall say closing above $60k would be a big deal, not that i really think that, but it looks like its about to..
Does it close on sunday?
Midnight UTC---- yes on Sunday. Ok..
So it seems that those who are bitcoiners are widely of the subset that also like numbers.. Quite interesting..
For me, I have always loved watching exchange order books changin.. Never really traded off the charts, always traded off the books..
People always thought i was nuts just staring at pages of numbers all the time.. Recognizing patterns..
We may be discovering something about "what makes a bitcoiner" here..
Observing nice price also..
I have another way of saying the same thing. All people like NGU Bitcoin is based on NGU and frequently demonstrated NGU technology bitcoiners are people bitcoiners like NGU
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