Precious Roy wrote:
Down 7% today. Will be back to $18k by April. Then, it will hit $70k by September. After that, it will tank and be back to . . .
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Precious Roy wrote:
Down 7% today. Will be back to $18k by April. Then, it will hit $70k by September. After that, it will tank and be back to . . .
Back up to near all time high at $67k
00 -
Newname wrote:
Precious Roy wrote:
Down 7% today. Will be back to $18k by April. Then, it will hit $70k by September. After that, it will tank and be back to . . .
Back up to near all time high at $67k
If you can fill in this blank without the answer being "because a lot of people are buying it" or "because it is easier for people to buy it" or "drug dealers, terrorists and sanctioned Russian Oligarchs use it", then I will believe that bit coin is going to sustain its current value for the foreseeable future.
Bit coin's value has shot up recently because ______________________________.
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Precious Roy wrote:
Newname wrote:
Back up to near all time high at $67k
If you can fill in this blank without the answer being "because a lot of people are buying it" or "because it is easier for people to buy it" or "drug dealers, terrorists and sanctioned Russian Oligarchs use it", then I will believe that bit coin is going to sustain its current value for the foreseeable future.
Bit coin's value has shot up recently because ______________________________.
The Big players have made sure it has. Not a lot of people are buying it. But the insiders have bought it
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Newname wrote:
Precious Roy wrote:
If you can fill in this blank without the answer being "because a lot of people are buying it" or "because it is easier for people to buy it" or "drug dealers, terrorists and sanctioned Russian Oligarchs use it", then I will believe that bit coin is going to sustain its current value for the foreseeable future.
Bit coin's value has shot up recently because ______________________________.
The Big players have made sure it has. Not a lot of people are buying it. But the insiders have bought it
Russian Oligarchs and drug dealers and terrorists!
Some people fall for anything
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The best leader in the western hemisphere, El Salvador's Nayib Bukele, has seen his country's Bitcoin investment soar over 50% since 2021.
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It seems clear from this morning's rally that Crypto is the future of currency. ShtCoin Gambler and his fellow skeptics are on the back foot.
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Precious Roy wrote:
If you can fill in this blank without the answer being "because a lot of people are buying it" or "because it is easier for people to buy it" or "drug dealers, terrorists and sanctioned Russian Oligarchs use it", then I will believe that bit coin is going to sustain its current value for the foreseeable future.
Bit coin's value has shot up recently because ______________________________.
As someone who has lived off the financial markets for the last decade there is one thing I can tell you for certain - the Bitcoin market doesn't care what you think.
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Newname wrote:
Precious Roy wrote:
If you can fill in this blank without the answer being "because a lot of people are buying it" or "because it is easier for people to buy it" or "drug dealers, terrorists and sanctioned Russian Oligarchs use it", then I will believe that bit coin is going to sustain its current value for the foreseeable future.
Bit coin's value has shot up recently because ______________________________.
The Big players have made sure it has. Not a lot of people are buying it. But the insiders have bought it
If your answer to the question is to play semantics over "people", then you have failed to answer.
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Precious Roy wrote:
Newname wrote:
The Big players have made sure it has. Not a lot of people are buying it. But the insiders have bought it
If your answer to the question is to play semantics over "people", then you have failed to answer.
I answered the question in a truthful and simple manner.
Not sure why you are confused. Drug dealers and terrorists control the market? God help us.
$67k plus at market close
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Newname wrote:
Precious Roy wrote:
If your answer to the question is to play semantics over "people", then you have failed to answer.
I answered the question in a truthful and simple manner.
Not sure why you are confused. Drug dealers and terrorists control the market? God help us.
$67k plus at market close
$67,350+ as we near market opening
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Newname wrote:
Newname wrote:
I answered the question in a truthful and simple manner.
Not sure why you are confused. Drug dealers and terrorists control the market? God help us.
$67k plus at market close
$67,350+ as we near market opening
Crypto is the ultimate con. It goes up and it goes down just because people decide to buy it or sell it and not because it made a profit, is expanding market share or has any objective financial metric that shows that it is a good investment. Even the drug dealers and terrorists aren't into bit coin that much because crypto always has a ledger that law enforcement can use to find out who is buying and selling. And unlike securities, commodities, bonds, etc., crypto can crash basically with impunity because the price moves are never driven by anything other than whether people are buying it or selling it. You will never have a scandal where it is revealed that bit coin used fraudulent accounting to show it was making a profit or that it faked test results to make it look like bit coin cured cancer. It is just a giant financial roulette wheel, except that it gobbles up tons of electricity and causes global warming. And every dollar sunk into crypto is a dollar that could have gone into a company that has a great idea, better product or service or would make the markets more competitive. Crypto is an economic black hole that only exists because of massive concentrations of wealth that give people the ability to flat out gamble with their assets because they have enough money that they will never have to worry about an occasional big loss.
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Precious Roy wrote:
... crypto always has a ledger that law enforcement can use to find out who is buying and selling.
Wow. You really don't understand how crypto works.
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Sh||tcoin Gambler wrote:
BlackRock: If I want to collect fees managing a mutual fund, should I put a piece of shtcoin in there, if that’s what the public wants? OK here you go
"NuMb3r g0 uP"
Vanguard refuses to offer it. I don’t know if that will change with the new CEO but seems like they have investor best interests in mind
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Vanguard no shtcoin wrote:
Sh||tcoin Gambler wrote:
BlackRock: If I want to collect fees managing a mutual fund, should I put a piece of shtcoin in there, if that’s what the public wants? OK here you go
"NuMb3r g0 uP"
Vanguard refuses to offer it. I don’t know if that will change with the new CEO but seems like they have investor best interests in mind
I know.
Who would want the the 300% return bitcoin had in 2023?
Or the 70% or so return it has already had in 2024?
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Bitcoin keeps approaching $68k but then falls back.
Let's break thru.
Come on $75k
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Newname wrote:
Vanguard no shtcoin wrote:
Vanguard refuses to offer it. I don’t know if that will change with the new CEO but seems like they have investor best interests in mind
I know.
Who would want the the 300% return bitcoin had in 2023?
Or the 70% or so return it has already had in 2024?
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Sh||tcoin Gambler wrote:
Newname wrote:
I know.
Who would want the the 300% return bitcoin had in 2023?
Or the 70% or so return it has already had in 2024?
Why wouldn’t everyone want something trading 300% higher even if the underlying thing being traded doesn’t do anything (similar to beanie babies, tulip bulbs, turds) and depends on someone else paying more than the previous?
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Sh||tcoin Gambler wrote:
BlackRock: If I want to collect fees managing a mutual fund, should I put a piece of shtcoin in there, if that’s what the public wants? OK here you go
"NuMb3r g0 uP"
As long as “ NuMb3r g0 uP" we good
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Sh||tcoin Gambler wrote:
Sh||tcoin Gambler wrote:
BlackRock: If I want to collect fees managing a mutual fund, should I put a piece of shtcoin in there, if that’s what the public wants? OK here you go
"NuMb3r g0 uP"
As long as “ NuMb3r g0 uP" we good
“YoU juStDun unDeRstanD iT”
”HFSP” Because “NuMb3r g0 uP"
10
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