Is crypto currency...

  • Thread starter Thread starter Krull
  • Start date Start date
Picasso said:
No one is making a profit on that phony nerd bullshit except CUntz, as usual…
Click to expand...
Yep, anyone can talk out of their ass on the Web- I've made millions with my stock purchases on Microsoft, Apple, Tesla, and many others on IPO's. I donate it all back to the Donkeys because they are so trustworthy.
 
psychodave said:
The Canadian idiots that manage the Ontario Teachers’ Pension Plan look to have lost 75 million due to crypto investments. Of course they will claim they can pay teacher pensions and it will fall on tax payers.
Click to expand...

They only lost if they sell. A pension is a long term investment, BTC is a good long term investment asset.

If you look at the historical data, BTC goes on massive bull runs about every 4 years. This is triggered by the halving event that occurs about every 4 years. The halving is when block rewards (during mining) are cut in half, leading to the supply of new coins being cut in half. Well you just apply the supply & demand rule here, less supply the value goes up on the asset.

Just don't fuck up by buying high then freak out, and sell low :ROFLMAO:
 
BTW I sold all my crypto...


And immediately bought it all back for tax loss harvesting (y)
 
2ncicu said:
Yep, anyone can talk out of their ass on the Web- I've made millions with my stock purchases on Microsoft, Apple, Tesla, and many others on IPO's. I donate it all back to the Donkeys because they are so trustworthy.
Click to expand...
Yep
 
CrazyNutz said:
They only lost if they sell. A pension is a long term investment, BTC is a good long term investment asset.

If you look at the historical data, BTC goes on massive bull runs about every 4 years. This is triggered by the halving event that occurs about every 4 years. The halving is when block rewards (during mining) are cut in half, leading to the supply of new coins being cut in half. Well you just apply the supply & demand rule here, less supply the value goes up on the asset.

Just don't fuck up by buying high then freak out, and sell low :ROFLMAO:
Click to expand...
Bill%2BClinton%2Bwith%2BSBF%2Bat%2Ba%2Brecent%2Bconference.png
 
dm426 said:
The Canadian teacher fund was parked on FTX, so pretty sure they’re screwed.
Click to expand...

That's retarded. Should have not had that much on an exchange, it should have been in cold storage.
 
CrazyNutz said:
That's retarded. Should have not had that much on an exchange, it should have been in cold storage.
Click to expand...
Yeah, but the entire crypto industry is mostly retarded.

Every time there’s a huge implosion, we get a bunch of talking heads saying, “Yeah well, they were just doing it wrong.” But people are finally coming to the painful conclusion there’s no way to really do it right. Even if there is a theoretical argument to be made for some type of digital currency, the people currently running the big crypto firms are con men, thieves, and hustlers.

https://slate.com/technology/2022/11/ftx-collapse-sam-bankman-fried-crypto.html
 
dm426 said:
Yeah, but the entire crypto industry is mostly retarded.

Every time there’s a huge implosion, we get a bunch of talking heads saying, “Yeah well, they were just doing it wrong.” But people are finally coming to the painful conclusion there’s no way to really do it right. Even if there is a theoretical argument to be made for some type of digital currency, the people currently running the big crypto firms are con men, thieves, and hustlers.

https://slate.com/technology/2022/11/ftx-collapse-sam-bankman-fried-crypto.html
Click to expand...

There's a rally, and implosion every 4 years. Each time it goes higher. This is from the halving, and FOMO. It's very well known by people that know.

When regulations come, institutions will be in heavy.
 
dm426 said:
Yeah, but the entire crypto industry is mostly retarded.

Every time there’s a huge implosion, we get a bunch of talking heads saying, “Yeah well, they were just doing it wrong.” But people are finally coming to the painful conclusion there’s no way to really do it right. Even if there is a theoretical argument to be made for some type of digital currency, the people currently running the big crypto firms are con men, thieves, and hustlers.

https://slate.com/technology/2022/11/ftx-collapse-sam-bankman-fried-crypto.html
Click to expand...

Absolutely?
 
You must log in or register to reply here.
Back
Top