hisslyness
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December 09, 2021, 03:34:14 PM Merited by JayJuanGee (1) |
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Rinse and repeat Am I the only one thinking he paid $7k too much for each coin?
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BitcoinBunny
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Far, Far, Far Right Thug
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Rinse and repeat Am I the only one thinking he paid $7k too much for each coin? There's probably a few of you who think it's too much. But Saylor doesn't give a fuck. He buys BTC when he has dirty fiat available. He believes it will go up forever Laura. So it doesn't matter to him at all what happens short term. It makes me believe Saylor more actually rather than the endless shillers such as Musk and all the YouTube twats who jump from one thing to the other (fucking Dogecoin, Eth, Meta shite or NFT) just because it's fashionable and suits their bank accounts.
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shahzadafzal
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December 09, 2021, 03:48:26 PM |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 09, 2021, 04:01:27 PM |
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naim027
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December 09, 2021, 04:46:26 PM |
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According to DdmrDdmr's Merit dashboard. WO is the Most Merited thread. 93429 Merits have been transferred between WO thread contributors. Look at the From and To Numbers. Only From 721 Members to 893 members. On Average, Every merit senders send 129.58 Merits.And Every merit receiver got 104.62 Merits. On Average. Heck yeah. Post per Merit Ratio: 1 : 2.30New Milestone Soon ( 100K Merit from a Single thread) Congratulations WO thread Contributors.
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El duderino_
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BTC + Crossfit, living life.
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December 09, 2021, 05:00:48 PM |
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Most important and knowledgeable thread … most history as well
So nothing Ordinary
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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December 09, 2021, 05:01:27 PM |
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naim027
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December 09, 2021, 05:05:22 PM |
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Most important and knowledgeable thread … most history as well
So nothing Ordinary
I believe you
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PoolMinor
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XXXVII Fnord is toast without bread
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December 09, 2021, 05:36:53 PM |
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Snip
Probably should just have created your own thread by now.....
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shahzadafzal
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December 09, 2021, 05:45:19 PM |
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Gollum and Frodo’s expression says it all about NFTs. I think Frodo is saying WTF is wrong with you!!!
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cAPSLOCK
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Maybe the Mars is the future!
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December 09, 2021, 05:55:21 PM Last edit: December 09, 2021, 06:19:14 PM by cAPSLOCK |
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Looks like news of the China real estate defaults are starting to affect corn prices negatively?
This is a fascinating dynamic to me. The Chinese real estate meltdown stands to be the gasoline on the fire that has been burning since the similar situation 13 years ago (that Satoshi mentions in the genesis block). And that will have possibly profound effects on ALL markets. But, as we are aware bitcoin has a particular property that makes it a VERY attractive haven in the midst of a storm like the one I think we are watching unfold. So, I think as this gets worse all markets drop as money is moved to risk off investments. Bitcoin is still crazy speculative, and poised to be the most pristine risk-off asset in the world. As much as I would like to see Bitcoin;s famous volatility fade a little? I do not think we have seen the end of it yet. But it should be interesting to watch. Risk off as in deflation of ridiculous 100X leverage? Yes. (the price will move down or be flat in the short term as it finds a new bottom) Risk off as in hedge funds NOT acquiring the underlying bitcoin asset on the DL? No. As traditional overinflated equity markets drawback, all that money will be looking for safe hedge assets to run to. Because cash is still trash, and they know it. Let's see what happens in the New Year. Yep. I think you are saying basically exactly what I mean. We may still see volatility and (flash?) crashes since all markets will hurt in this, but ultimately this is possibly one of the safest places for money to go! And THIS TIME there are HUGE NUMBERS of "trad" finance folks that are waking up to that fact. As is always said if funds only park 1-5% here?? BOOM. *EDIT* One other thought. Bitcoin CONTINUES to make the journey for a Risk-on asset to a Risk-off asset. And the opinions on which it is are QUITE polarized. The old guard see it as a ridiculously speculative and volatile asset. And of course they are right, particularly in the short term. And the new folks see it as the (potential) most pristine risk-off asset humanity has ever discovered. And of course they are right, particularly in the long term It is similar to how money is made playing poker. The game is all about luck in the short term. The next card decides all our fate. But in the long term you make money by making the right decisions at each point of the game regardless of the next card. Bitcoin is just the same, and the right decision is to place the majority of our wealth in it . But sometimes we lose sight of the double goodness we have from being early. For us right now the ASCENT is forefront in our minds. But in the end SAFETY will become the biggest selling point.
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ChartBuddy
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December 09, 2021, 06:01:36 PM |
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Hueristic
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Doomed to see the future and unable to prevent it
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December 09, 2021, 06:17:47 PM |
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If I was in the position where I thought too may people knew I held keys to a large stash I would wear a key to a safety deposit box around my neck and give that up to them after a slight bit of resistance. And in that safety box I would put a key to coins that had already been moved just as a fuck you if they ever did manage to get them or if the box ever got seized. LOL, that's a smart reply.
Lately, many of my neighbors are asking me about cryptocurrencies. I had made the mistake of mentioning about Bitcoin to them, back in 2015-16, and now that prices have shot up, they changed from laughing, joking and making fun of me, to being serious and wanting to know more. I just tell them I had a boating accident, and kindly ask them to never again mention to me about Bitcoin, because it makes me depressed to be reminded of what I had and what I lost. Funny thing, they accept it, and I can see a hidden smile in their expressions, as if they are happy that I lost my corn. Envious bastards...
Low brows are easily misled like that, kudos!
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jojo69
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diamond-handed zealot
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December 09, 2021, 06:38:04 PM |
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Torque
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December 09, 2021, 06:45:58 PM Last edit: December 09, 2021, 07:07:54 PM by Torque Merited by JayJuanGee (1), strawbs (1) |
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Looks like news of the China real estate defaults are starting to affect corn prices negatively?
This is a fascinating dynamic to me. The Chinese real estate meltdown stands to be the gasoline on the fire that has been burning since the similar situation 13 years ago (that Satoshi mentions in the genesis block). And that will have possibly profound effects on ALL markets. But, as we are aware bitcoin has a particular property that makes it a VERY attractive haven in the midst of a storm like the one I think we are watching unfold. So, I think as this gets worse all markets drop as money is moved to risk off investments. Bitcoin is still crazy speculative, and poised to be the most pristine risk-off asset in the world. As much as I would like to see Bitcoin;s famous volatility fade a little? I do not think we have seen the end of it yet. But it should be interesting to watch. Risk off as in deflation of ridiculous 100X leverage? Yes. (the price will move down or be flat in the short term as it finds a new bottom) Risk off as in hedge funds NOT acquiring the underlying bitcoin asset on the DL? No. As traditional overinflated equity markets drawback, all that money will be looking for safe hedge assets to run to. Because cash is still trash, and they know it. Let's see what happens in the New Year. Yep. I think you are saying basically exactly what I mean. We may still see volatility and (flash?) crashes since all markets will hurt in this, but ultimately this is possibly one of the safest places for money to go! And THIS TIME there are HUGE NUMBERS of "trad" finance folks that are waking up to that fact. As is always said if funds only park 1-5% here?? BOOM. *EDIT* One other thought. Bitcoin CONTINUES to make the journey for a Risk-on asset to a Risk-off asset. And the opinions on which it is are QUITE polarized. The old guard see it as a ridiculously speculative and volatile asset. And of course they are right, particularly in the short term. And the new folks see it as the (potential) most pristine risk-off asset humanity has ever discovered. And of course they are right, particularly in the long term It is similar to how money is made playing poker. The game is all about luck in the short term. The next card decides all our fate. But in the long term you make money by making the right decisions at each point of the game regardless of the next card. Bitcoin is just the same, and the right decision is to place the majority of our wealth in it . But sometimes we lose sight of the double goodness we have from being early. For us right now the ASCENT is forefront in our minds. But in the end SAFETY will become the biggest selling point.Good thoughts. I tend to still think of the ongoing deflationary environment that we are in worldwide. They (traders, investors, banks, hedge fund managers, etc.) can continue to take free money from the Fed all they want and speculate in the markets, and attempt to keep certain markets and stocks propped up every year. But eventually deflationary forces are going to increase to the point where they start to overwhelm the markets. Like trying to kayak up stream. And I think China, being the world's second biggest economy, is likely the catalyst that is going to cause the dam to break. The Fed can sit there all day and say that they don't want excessive inflation because that hurts economic growth, but the fact is that deflation destroys economic growth just as much when it is all fake (debt based) growth. If they don't continue to prop up certain markets with free credit and tons of leverage, then we get deflation at the mega corporate level, which causes paper wealth destruction, credit to evaporate, and profits to go negative, which translates into massive worldwide layoffs. Which in turn causes even more deflation, and more massive layoffs, and then we go into a vicious deflationary spiral called The Great Depression 2.0. So yeah make no mistake, the wealthy elites are starting to hedge on the DL so as to not alert the public, all the while still pumping highly leveraged money into stonks. They do this because they have no choice, they HAVE to. They will continue to buy Bitcoin without moving the price, and will continue to drain the float. All this will eventually lead to the next leg up, most likely whenever the Fed decides it's time for another abrupt black swan market crash so that they have an excuse to print up another $6-7 Trillion at 0% interest rates. Once the Fed tries to take the punch bowl away again (taper) for any length of time, look out below (stonks) and moon (Bitcoin).
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ChartBuddy
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December 09, 2021, 07:01:26 PM |
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jojo69
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diamond-handed zealot
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December 09, 2021, 07:06:37 PM |
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If they don't continue to prop up certain markets with free credit and tons of leverage, then we get deflation at the mega corporate level, which causes paper wealth destruction, credit to evaporate, and profits to go negative, which translates into massive worldwide layoffs.
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Torque
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December 09, 2021, 07:09:13 PM |
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If they don't continue to prop up certain markets with free credit and tons of leverage, then we get deflation at the mega corporate level, which causes paper wealth destruction, credit to evaporate, and profits to go negative, which translates into massive worldwide layoffs.
So buy stonks in Brawndo?
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goldkingcoiner
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A Bitcoiner chooses. A slave obeys.
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December 09, 2021, 07:13:44 PM |
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If they don't continue to prop up certain markets with free credit and tons of leverage, then we get deflation at the mega corporate level, which causes paper wealth destruction, credit to evaporate, and profits to go negative, which translates into massive worldwide layoffs.
So buy stonks in Brawndo?
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PoolMinor
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XXXVII Fnord is toast without bread
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December 09, 2021, 07:19:25 PM |
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DXY Weekly could be signaling reversal with the Tri-Star Doji pattern. If the seemingly inevitable crash does occur, zooming out to a 7+ year H+S could complete.
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