Bitcoin

posted by justincredible

They’re in it as a trade and are hoping to leave the crypto universe with more fiat in their traditional banking accounts than they entered with. Most won’t. If you don’t know who the sucker is at the digital poker table, you are probably a HODLer.

I'm the sucker at the poker table. And I'm okay with that.

what did you think about the net flow of money they laid out? i don't know enough about the tech, the transfers and all that to know how accurate their assessment was (albeit they had a very basic description) regarding the actual flow of value and it's relation to fiat money.

I need to mull it over for a while, but I think he's oversimplifying things by quite a bit. Once I get a minute to re-read the piece and think a little deeper I'll check back in with what I think.

Nic Carter called the doomberg boys out and they are going to have a podcast debate about that article. i'm actually looking forward to that.

Nice. I haven't had a chance to re-read it yet. Nic is way smarter than I am on this stuff so I'm curious to hear his take as well.

NFTs are incredibly stupid. Don't buy them.

The Tom Brady of crypto looks like Tom Brady if Giselle left him and hocked his SB rings 

Vitalik is a weirdo and ethereum sucks. He’s also on record stating that an individual using heroin causes more societal harm than an individual possessing child porn. 

posted by justincredible

Vitalik is a weirdo and ethereum sucks. He’s also on record stating that an individual using heroin causes more societal harm than an individual possessing child porn. 

A weird thing to even discuss 

posted by Ironman92

A weird thing to even discuss 

Indeed  

posted by justincredible

Vitalik is a weirdo and ethereum sucks. He’s also on record stating that an individual using heroin causes more societal harm than an individual possessing child porn. 

Which is interesting because from that pic, he looks like a smackhead with a love of child porn.

lol

Bitcoin fans are psychopaths who don't care about anyone, study shows https://t.co/9WZQkzoIPX pic.twitter.com/YTGcULRCef

— New York Post (@nypost) April 12, 2022

been a tumultuous week. but i'm curious what happened with the stablecoin that fell off the cliff yesterday. i thought those things were tied to the dollar and couldn't flatline?

If anyone is selling I'm buying...

Massive dip. I'm in a land of crypto nerds who use it to make a living. People are shitting themselves.

Coinbase down 87% from its peak.  Ouch! 

I probably would have said that was a much smarter and safer way to get exposure to the crypto markets....

been a rough week. i guess we still hold.

I'd be happy to stay in this range for a while.

you're not at all scare with these collapses that keep dragging BTC down? i'm not holding my stuff in an offline wallet. all mine is on coinbase so it's hard for me to not panic and  pull the plug on this shit.