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  #11  
Old 08-03-2021, 01:52 AM
Castle2.0 Castle2.0 is offline
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Dot Com bubble... Amazon just hit over $100. People said it was too expensive.


Fast forward 20 years. Amazing is now trading now over $3,300. Funny how things go.

Quote:
Originally Posted by Preston Pysh
My bitcoin can remain in cold hard storage far longer than the market can remain irrational.
If you want a get-rich-quick scheme, try Vegas or margin trading penny stocks.

I'm about that get-rich-slow scheme.

Take a look at M2 supply. Oh wait, they discontinued reporting it in February of 2021 when we were printing oodles of money? Source: https://fred.stlouisfed.org/series/M2

What about M1? https://fred.stlouisfed.org/series/M1SL

When you understand the boom-bust cycle, the history of money, the monetary policy of fractional-reserve modern banking, etc... or ANY of it... it's obvious where things are going.

Most people just don't understand crypto or how it works. They don't know that Bitcoin is unforgeable, it's the most powerful computer network in the world...

I'm not here to argue it. Take it or leave it. Just here to mark a day, so in 4 years I can come back and /dance. We celebrate together here or I celebrate alone here =)
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  #12  
Old 08-03-2021, 01:45 PM
Toxigen Toxigen is offline
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laughs in weaponized autism
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  #13  
Old 08-03-2021, 03:01 PM
Jibartik Jibartik is offline
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4 years from now: *smoldering crater
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  #14  
Old 08-03-2021, 06:13 PM
TheBardo TheBardo is offline
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Need I remind you all that this is the guy who spent weeks of his life farming scrolls to achieve the fastest 1-50 in server history. His judgement is clearly impeccable.
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  #15  
Old 08-03-2021, 07:00 PM
Castle2.0 Castle2.0 is offline
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Sounds like a guy that sleeps on a factory floor. What a loser.
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  #16  
Old 08-03-2021, 07:48 PM
Smoofers Smoofers is offline
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There is a shit load of institutional money flowing into crypto right now. Good signal because 1) insitutional money doesn't scare off as easily 2) generally means higher floors and 3) anyone that is holding 10,000 BTC has a very vested interested in making sure regulation doesn't kill crypto
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  #17  
Old 08-03-2021, 07:50 PM
Jibartik Jibartik is offline
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Cardano is the ETH that is good for the environment.
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  #18  
Old 08-03-2021, 07:58 PM
Gwaihir Gwaihir is offline
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Cardano should be pegged to the price of a can of 2-11 Steel Reserve
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  #19  
Old 08-04-2021, 12:32 AM
hobart hobart is offline
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Quote:
Originally Posted by Smoofers [You must be logged in to view images. Log in or Register.]
There is a shit load of institutional money flowing into crypto right now. Good signal because 1) insitutional money doesn't scare off as easily 2) generally means higher floors and 3) anyone that is holding 10,000 BTC has a very vested interested in making sure regulation doesn't kill crypto
I'm betting on 3. Following that trail is key to protecting your investment against government overreach. As long as the right people keep getting richer, regulation talk will continue to just be talk.
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  #20  
Old 08-04-2021, 01:15 AM
Arvan Arvan is offline
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FTC currently reporting on a boom of cryptocurrency scams. Seems legit.
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