Bitcoin
Bitcoin
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- Bennn0
Seriously, its pure gambling at this point... If you put 1,000$ into crypto-money, that means you're willing to maybe lose 1,000$
- it's truedbloc
- lol. Benfal of the dayset
- Obvious facts once again delivered! :)Bennn
- there's undoubtedly a bubble scenariomonospaced
- you guys, I think bennn is on to something here!lvl_13
- LOLOLOLpango
- it's true but then again... EVERYTHING is gambling. Literary EVERYTHING.Miguex
- risk vs rewardumbee54
- "Literally"Maaku
- you are light! soly maaku!Miguex
- Benfal the detective! LOLchukkaphob
- Sherlock Holmes I presume?yuekit
- neverscared4
The perfect setup for crypto traders.- the keyboard should be just one big key that reads "buy the dip"Krassy
- lolneverscared
- What's not to like?drgs
- if it went down into a second monitor, then this would be funny.imbecile
- Buy high...sell low!utopian
- Works in both directionsdrgs
- a perfect symmetry.. what goes up must crash down...neverscared
- I love that btc "crashes" into the 5 digitsinteliboy
- Krassy3
Cryptobros would say Bitcoin is on sale; but they have been saying this at 40k, and then at 30K... is the current sale the ultra special sale price?
- Blue light specialimbecile
- it's like black friday monthsuan
- going out of business sale.monNom
- qbn dorks would say Bitcoin is dead, but they been saying that at $1, $10, $10k, $60kinteliboy
- https://imgflip.com/…YakuZoku
- So wait the blockchain is just an online spreadsheet...neverscared
- black fridays the real douches are in the shops.neverscared
- spartans is black friday...buy the dip.neverscared
- gimme the BOGO!BabySnakes
- Krassy2
why is it up now?
- because it was downmonospaced
- bitcoin is like the loch ness monster.. its mysterious.neverscared
- Stronger than expected US jobs report, the Fed tightening the fiscal policy, rates expected to be up to 0.5% in March...grafician
- Also Bitcoin is kinda correlated to the S&P 500 so when it crashed 5-7% in January Bitcoin crashed 40% and now slowly getting back upgrafician
- It's just early February, crypto bros are getting back to work after NYE parties.uan
- it went up when tom brady announced his retirementpinkfloyd
- jobs report. crypto moves with the stock market now.sarahfailin
- why not.shapesalad
- Layered Spoofing and Arbitrage Bots
https://i.insider.co…jonny_quest_lives - Don't be someone else's exit liquidity...jonny_quest_lives
- Krassy3
so why is Bitcoin tanking now?
- Because of the Fed stating that they're eyeing to issue a digital currency? or what?Krassy
- S&P tanking as WAR gets priced in.shapesalad
- It'll bounce up as WAR startsshapesalad
- its the rassanssted
- It's the Fed. Interests rates are going up, that will slow the economy. Everything is going down, pretty hard, for months.formed
- No blood yet, but there will be. We need a big correction, runs like this are bubbles.formed
- Crypto being the biggest of the bubbles, of course, with the longest to fall. First the little guys, then BTC, etc., will get destroyed.formed
- How long before this bottoms out?Chimp
- its the reguladoooooorsted
- @Chimp i'm personally waiting for a 37 ish since 4amsted
- It was at 10k 1.5 years ago. I can see it going back to that. First, there's little selling, little bounces, but still optimism.formed
- but it should be at 39 now for that, this 40 barrier holds nice :) we need more bad news.sted
- Then we have a few big, bad days and people start to get scared. They take profits. It goes down more, then people get scared, the ones that bought high,formed
- @formed 10k in what timeframe? maybe in a year or so it will be around 20k. and thats it.sted
- panic ensues, real fear, then real panic, then real blood....finally those that took nice profits, or planned with cash on the side (that's me), swoop informed
- If we have a 'real' crash, like a 2000, 07, etc., I can see it going to $100, but that takes something we can't see yet (like war)formed
- It's not just crypto, everything is going to go down a lot. This sugar high cna't last forever and people will start to panic when they can't get 30% returnsformed
- in their sleep. It needs to go back to 10%, and that's gonna take some serious corrections (like DOW at 30k). High flyers always fall the fastest.formed
- Have money ready, this could be one of the best opportunities we'll see for a long time!formed
- @formed is the QBN financial advisor !Krassy
- @formed yup, no doubtgrafician
- because its the way of the universe.neverscared
- lol, send your checks my way ;-)formed
- it's going to be a tough year for everything, but once we have absorbed the hikes and return to earth with expectations, there will be another bull run, likeformed
- there always is. How far we fall is what no one really knows.formed
- neverscared1
- they need more bitcoin evangelics otherwise the ponzi is not working...neverscared
- according to qbn, it's been crashing since $6inteliboy
- ^ and according to everyone else, it was supposed to be at a million alreadyKrassy
- price needs to go lower for Apple to accumulate then when they announce crypto support... don't be too late for the moon rocket.shapesalad
- its only a matter of time till itis at 6$ so we are right in a few years after all.neverscared
- by everyone else you mean John McAfee? cos the people I listen to are pretty rationale and have been on the money.inteliboy
- what´s the origin .. from the - to the moon - slogan ? a planet where nuffin lives sounds right for the crypto tech impact on earth..is that it ?neverscared
- @inteliboy who are the people you listen to that have been on the money?Krassy
- ass up face downsted
- No one I've heard have been "correct" on either side. Bulls say a million, bears say worth 0. My money is between the two, but a LOT closer to the latter.formed
- Up and down - always to the right ..._me_
- Cryptocurrency markets slide as Yellen leads mounting regulatory scrutiny
US Treasury secretary urges ‘quick’ action to address stablecoin marketneverscared - https://www.ft.com/c…neverscared
- @formed +1Krassy
- So, I guess I’m still ok investing in realstate?maquito
- No. Noes the time to invest in bitcoin. Not at 65kAQUTE
- > But where is all the crypto money coming from? I see so many millionaires.
It comes from the giant pile of suckers you don't see. And there are far more ofneverscared - those.neverscared
- shapesalad4
https://www.bbc.co.uk/news/uk-en…
A suspected Bitcoin "mining" operation illegally stealing electricity has been found by police who were searching for a cannabis farm.
Officers had been tipped off about the site on the Great Bridge Industrial Estate, Sandwell, and raided it on 18 May, West Midlands Police said.
Instead of cannabis plants they found a bank of about 100 computer units.
The force said the cryptocurrency "mine" had effectively stolen thousands of pounds of electricity.- The main point is that if they'd paid for the energy they'd used to generate the coin, they've lost half their money.
Bitcoin is disgusting.Nairn - Crypto Cartelsdbloc
- the whole cryptocurrency operation.. are reckless suckers ... nft dumbos tooneverscared
- maybe they were using the 'puters as a heat source for their as yet undiscovered cannabis farm.hans_glib
- Weed plants need light, not heat. Weed-growing lamps, even the LED ones, are hot as fuck.Nairn
- well, they need heat... eventuallykingsteven
- Cable messi_was
- Is light inseparable from heat? (photons transmit heat)i_was
- You could try growing plants solely with infra red radiation, I guess. Won't work, but you can always try... .Nairn
- The main point is that if they'd paid for the energy they'd used to generate the coin, they've lost half their money.
- NBQ004
- wait, is that bye, bye, bye or buy, buy, buy? lol_niko
- Lol nikoNBQ00
- lol nikoGuyFawkes
- haha niko!Krassy
- Here you NBQ for your lossporn: "As much as $365 billion wiped off cryptocurrency market after Tesla stops car purchases with bitcoin"grafician
- https://www.cnbc.com…grafician
- lol lossporn. Today I learned a new word innit.MrT
- @MrT here you go: https://www.reddit.c…grafician
- So it was buy buy buy after all?NBQ00
- Krassy0
what happens if there's a war (or a cyber attack, or a natural disaster, etc) and the government(s) shut down the internet / electricity / networks? how do you have access to your Bitcoin?
- when this happens, bitcoin will be your last problem :-)uan
- not reallyKrassy
- if you have cash or gold, you're OK in any of these disaster scenarios... but with crypto, poof -- you got nothin! lolKrassy
- cash will be worthless. and if you have gold, you'll be target 1 for the hungry packs.uan
- cash will be worthless? how so?
and my gold won't be hanging around my neck :)Krassy - Yup, all you would need is a farm and skills to grow food. Nobody has this anymore, even farmers. We are all fucked if this happens.tank02
- Hence why buying a few acres of farmable land (with simple home on it) is the best investment. You can get something decent for €50k+ in Central/North Portugalshapesalad
- They usually have a well and fruit/olive trees. You then keep chickens, bees, maybe a goat, work the land and worry less about $£€'s, crypto and precious metalsshapesalad
- Well this is my goal anyway... living in a city is an unnatural human life and a bad investment for both health and wealth.shapesalad
- And crypto, investments and a little hard work will get me there.shapesalad
- sounds great, where do i sign?hans_glib
- https://www.youtube.…shapesalad
- If? - Wars and cyber attacks happen every minute. The decentralised nature of the internet was built to withstand themSlashPeckham
- shapesalad, why buy the land now? just wait till all goes to shit and claim the land for your own then ;)microkorg
- "claim the land"... implies you first buy guns just to indicate this is not negotiable :)ekael
- my point is -- if the government decides to control/shut down Bitcoin, it can and it will. No?Krassy
- they can regulate the markets, but if you got bitcoins in a wallet where you own the private key, they can't take it.uan
- @uan your wallet and private key are nothing without the internetKrassy
- invest in ammo? :pBabySnakes
- ^ ha! :DKrassy
- Guns, that's all you need. In case of a meltdown, you're just holding cash and provisions for the guy with all the weaponry.zarkonite
- inteliboy2
- stop you're making too much senseAQUTE
- Banks run on blood, not electricityGuyFawkes
- You need a lot of electricity to clean all that bloodESKEMA
- we should cancel money. waste of energy.uan
- Hahah what a moron, this is like that Pepsi presentation:
https://danhedl.medi…grafician - "Bitcoin, through the harnessing of these new or disparate energy sources, not only moves us forward to a Kardeshev Type I economy but may bring us closer to agrafician
- a Kardeshev Type I energy civilization (We’re ~0.72 on the Kardashev Scale)."
Yup, lunacy = checkedgrafician - https://lunarmobiscu…Nairn
- Also, graph the 0.001% of people using bitcoin vs every other cunt on the planet with a dollar in their hands.
< It's a really stupid comparison.Nairn - ^ apparently over 1% of the world now own or use bitcoin.inteliboy
- huh, turns out you're about correct.
Still.Nairn - Mind you, that's assuming that there's not a significant amount of people with more than one wallet. If I used it for its intended purpose, I'd have more than 1Nairn
- Datasource: some guy named Dan with a medium article. Unassailable.monNom
- _niko7
Bennnn next year with his $300 invested:
- Once you have a taste of the sweet life..futurefood
- This makes 'Hulk" angry.utopian
- He's banned, but he can just buy QBNdrgs
- Nairn3
Hi, I'm 12, What is this? https://temtum.com/
- Another blockchain technology in search of a problem to solvedrgs
- Someone I know who'd been playing with Bitcoin for years but cashed out at the last peak excitedly mentioned it to me. Curious to know if you lot know anythingNairn
- Another white paper coin. If you like the white paper, are bamboozled by the technicalities, you buy a few £ks worth and HODL while telling everyone YT to buy.shapesalad
- I repressed all my crypto knowledge and try not to think about itdrgs
- I don't know but, but for the love of god, please contact them and have them slow down that speed animation. Nothing is that fast. It looks ridiculous.dbloc
- target audience of this website is 12 year oldsKrassy
- your friend is an idiot. You can tell him I said thatESKEMA
- LOL temtum in hebrew means stupidityrenderedred
- https://translate.go…renderedred
- Ooh, this opened up a rabbit hole, thanks Renderered! Eskema - my friend is not an idiot, likely much (much) richer than you, and doesn't do crypto any moreNairn
- he knows I'm interested in the tech and so told me about it. However, HIS rich friend probably is daft. But HIS investment is a drop in his financial ocean.Nairn
- 'investment', lol. 'Stake'.Nairn
- if he sold bitcoin to buy temtum, then he's an idiot. Sorry. No amount of money will change that.ESKEMA
- He cashed out on BTC last peak. since then he's just dabbled. It was always an idle game for him anyway. He bought no temtum. His richer friend did tho...Nairn
- Actually, apparently his richer friend's 'ai algo' bought it and it's done well for him. But, as I said to my friend - so did fucking Dogecoin. Nonsense, all.Nairn
- AQUTE2
40k sell offs bump wobble, here we go 50k!
- it's crazy, i hope the crash wont be as crazyBennn
- Oh it usually is pretty crazynb
- sad lolBennn
- If you’re really worried bennnn, just skim a little off the top now. If it falls get it back at a lower price. Can’t lose dude.monospaced
- Or look at it as everything is on sale now if it is going to 300k. It will be a dream to get in at 50k if indeed its going to 300k. or it drops down to 30 bucksAQUTE
- It is tricky right now to make a call. Greed & fomo versus being rational & safe.inteliboy
- It's always that.AQUTE
- Don't play with your food.AQUTE
- https://pbs.twimg.co…jonny_quest_lives
- Feb 12, 2021jonny_quest_lives
- https://cbeci.org/mi…jonny_quest_lives
- https://en.wikipedia…jonny_quest_lives
- It still costs 1btc to buy 1btc! Confused.shapesalad
- this time i will hold it for a long time. I wont make the same mistake as I did in 2017. If it drops, it drops. It will go back up.Bennn
- At one point, I will maybe do what a QBNer told me, withdraw my investment and leave the profit grow. When my profit will be big enough.Bennn
- That's what I said.monospaced
- If it drops, buy your piece back. Can't hurt to take your initial investment back. Play with "house money"monospaced
- lol why you listening to mono?GuyFawkes
- hey moldy, how's mexico?monospaced
- too cold right now, sucks, most everyones wearing their masks though so thats goodGuyFawkes
- and weeds gonna be legal country wide by spring turning into the worlds largest legal weed market, so thats good too :)GuyFawkes
- For the record, Bitcoin has since crashed 30%+. Bennn sold and kept his investment, and will buy low to lower his cash basis. Because he listened to me. :)monospaced
- NBQ002
28K
- 50% return this morning on my investmentBennn
- https://www.qbn.com/…
Listen to me I'm oraclishnb - 28k survived for 30 mins :Dsted
- I hope it crash soon. I'd cash out and reinvest at the bottomBennn
- The bomb has been planteddrgs
- drgs where the f is that dip we ordered for christmas? :D:D:Dsted
- yeah the line was drawn to 26.3sted
- I cashed half out @ $23k but kinda hoping for a crash to reinvest. Either that or for it to go to $1Mhardhat
- Monday will be interesting when global markets reopen. I think this surge was only possible in the vacuum of Christmas holidaysdrgs
- Waiting for it to crash to 19k. Also ppl are not selling maybe because they wait for the tax year to end.Beeswax
- hard hat smart. If it drops buy all of it back at a lower price.monospaced
- Carrying bitcoins on your person makes it easier for alien abductions.utopian
- drgs4
Halving or not, I think Bitcoin has lost most of its narratives
I don't think anyone at this point believes that Bitcoin can be some kind of global currency (7 transactions per second for the whole world to share, this has been thrown out of the window long time ago), a store of value (60% drop from Feb to March), protection from inflation or financial crisis (what happened in March; it's like there is a fire and Bitcoin ran in front of all women and children).
Bad truths have been revealed about Bitcoin. The sentiment is very different from what it was in 2015-2017
Plus, the only trend line that mattered broke. Bitcoin didn't go to zero in March only because BitMEX deliberately crashed their servers to halt the liquidations cascade
https://cointelegraph.com/news/b…These collective margin calls are getting more and more extreme, whichever way, up or down. In the end its not going to end well.
To be clear, I'm in it only for the money, I want to see Bitcoin prosper, but I despise all of crypto space.
- Mate, Bitcoin is literally "sponsored" with real money because you all "believed" in it. There is no bitcoin.grafician
- This sentiment is the same as "Apple is doomed!". Even though I half agree.inteliboy
- ^Apple has $192 cash reserve Q2 2020 what are you talking about?grafician
- All Bitcoins total "value" was $160 billions 4th March...suckers money.grafician
- That's only 1.6% of total gold value - gold being "real money"grafician
- Bitcoin halving just happened, might as well mine gold directly instead of this shitgrafician
- @drgs pull your money, invest in some barber shops, everybody needs haircuts, profit lolgrafician
- And adding to all that, it’s not tied to anything that people can understand or measure as success or future performance. It’a flying blindmonospaced
- Still waiting for that technological breakthrough or project that brings crypto to a wider audience.yuekit
- I mean - "Apple is doomed!" is exactly the same as "BTC is doomed!". A tired parroted idea repeated over and over.inteliboy
- Difference is Apple is not doomed and Bitcoin is vaporware...Can't compare.grafician
- Sure. But every dismissive comment like that in this thread hasn't aged too well...inteliboy
- Same can be said regarding bitcoin lolgrafician
- It's been 11 years, take a hint alreadydrgs
- I don't know, but I got 5$ in bitcoins from qbn like 6 years ago...2 years later it was 100$...I bought some sofware with it, had 20$ left, today it's 80$ againuan
- it kindof works if you aren't into finance stuff. like in a more cyberpunk way.uan
- pinkfloyd6
3,756.93
Fukkkk
- 80%+ drop in a yearpinkfloyd
- Average correction from previous bubbles is 85%. I hope for a bounce from 3kdrgs
- Nothing of what is happening now is abnormal, either by timing or proportion. The sooner we get over this the betterdrgs
- Everything about it is abnormal. There's no intrinsic value in bitcoin. It's not a currency. It's just a get-rich BS scheme. Air.chukkaphob
- ^ Wooshyoungdesigner
- ^^ hard factchukkaphob
- ^^^ Fake nEwSyoungdesigner
- ^ nonsensechukkaphob
- sarahfailin3
- you hodling?pockets
- no i sold. i think this is completing that head and shoulders pattern that could take us down to 7200 or 6800.sarahfailin
- 2 steps forward, 1 step back, im not worrieddrgs
- ^yeah you bought in at a good spot. it might not get much lower than that.sarahfailin
- “Verifiable”monospaced
- Seems a little dramatic to react to each 1-2% daily fluctuation like it’s a crash or a windfall. It’s freakin bitcoin. :)monospaced
- Whales playing ping pongdrgs
- It's going to $3000.shapesalad
- the fate of the coins hangs in the balance. what BTC does in the next days/weeks will determine whether we're going up or down for the middle termsarahfailin
- why? what's going on in the next few days/weeks?Milan
- you’re so funny Sarahmonospaced
- why this gif? it's just boringly going sideways. it has been doing this since feb.inteliboy
- dyspl5
Mono, I'm going to make my point a bit more clear, so you get it and don't feel the need to be condescending : your no fucking Georges soros.
You're just a regular guy who puts some of his money in companies shares, and that's all there is to it, calling it "smart investment" like it's a sure thing is foolish.
Remember 2007?
I'm not saying crypto is a sure thing, far from it, I'm just saying you play the same guessing game.You're like a guy betting on horses, who thinks it's a sure thing as he has a "system", dissing people playing roulette.
- lol, right okay. okay sorry about condescending. you did start making fun of me and I got a bit defensive.monospaced
- have fun getting rich, I wish you best of luck with your predictions and outlook. LOL amazingmonospaced
- Dude, where did you read I was planning on getting rich? Telle me where I wrote that.dyspl
- Want to know what I consider "smart investment" as a designer? Learn new software, keep getting better at your trade.dyspl
- Want to make money? Work your ass off, take extra freelance.dyspl
- "Investing" at our level and yours, is just another hobby. You play with your money, and that's it.dyspl
- I wasn't, I'm just having fun. Relax :)monospaced
- FYI, my "smart" investing over the last 25 years got me through the 2008 crisis perfectly fine. It's not just a hobby, it's a huge part of my worth.monospaced
- All I'm saying is that crypto is not the same kind of investing as a long term managed fund with real companies. That's all. It's too volatile to be predictablemonospaced
- Investing with companies that publish yearly reports and prospectus' is NOT "betting on horses." it's WAY more secure than crypto, by any measuremonospaced
- @mono, out of interest how much have you got in Apple? A lot I presume if dividends are paying well. Just interested.fadein11
- not that much really, not enough to make dividends a big deal in the long run, but enough to use on a rainy day for something meaningfulmonospaced
- I think I had like 60k on apple stocks back in 2012. I would have to check online.pinkfloyd
- I'm too chicken to fuck with cryptos.monospaced
- I think people are making their money on short term currently, that's what I did after xmas, it was going up 30-40% a week (Ether). in out job. takes balls butfadein11
- you won't get returns like that anywhere else ever. the market is going up, great time to buy. but beware of the HODL (unless happy to wait years)fadein11
- but what do I know, I'm not complaining though :)fadein11
- who gives a fuck if its worthless when making $$$... its not trad investment. its risky and volatile, hence the potential rewards.fadein11
- also, I agree with everything dyspl sayspinkfloyd
- nothing he's saying or assuming about me is true, thoughmonospaced
- ^"have fun getting rich, I wish you best of luck with your predictions and outlook. LOL amazing" seems like you are the one assuming things :)dyspl
- check that thread, and point where I've put any prediction or shit like that. I haven't even posted on it until today.dyspl
- I was just joking about bennn freaking out, and you had to go on with your iamverysmart posture... that's all.dyspl
- lol, I already apologized for that, and recognized you didn't say thatmonospaced
- your schtick about my investments being only a gamble and not smart is simply not true, thoughmonospaced
- cryptos you can compare to the lottery more than a stock pickmonospaced
- investing in shares you basically sponsor and help people to develop their idea into this world, with crypto i dont even know where the money godrgs
- rightmonospaced
- an educated guess, is still... a guess. I'm not arguing about the fact you did your due diligence and alldyspl
- but the truth is that you have no control over what happens, no control over any decisions those companies make etc..dyspl
- and in that, it's still the same a crypto. granted crypto is highly volatile, but at least people here have no illusion regarding that fact.dyspl
- that's my point ... a guess with a stock pick IS educated ... with a crypto it's not much more than a blind guessmonospaced
- guess/gamble... see what I did?dyspl
- Yes. But they aren’t the same, not remotely, and everything you said about my investing and assumed about me is false or just imagined.monospaced
- Educated stock picks based on research, prospectus and trends is smart compared to buying crypto on hype. Therefore your comparison is nonsense.monospaced
- Because if they were just gambling, then I wouldn’t have had predictable gains for the last 25 years.monospaced
- ...I didn't say anything about your investing, you made money, good for you :)
you just seem to negate the risky nature of it while pointing it out in cryptodyspl - and make it into an argument about how stupid it is compared to your thing, which is in his core the same...dyspl
- would it all go away if I said you were smart mono? like as much as your investment? It's all good in the end, it doesn't really matter.dyspl
- do what makes you happy, and let it go.dyspl
- and for the record, I'm not saying YOUR investments or actions are dumb. I'm just inherently convinced that trading in all it's form is dangerous.dyspl
- lvl_133
well shiiiiiiit
https://techcrunch.com/2018/01/2…- sweetpockets
- This is great newsR_Kercz
- buying bitcoin on margin, what could go wrong?monNom
- Clever. They'll profit it from it too, one day, and they know it....set
- only on the phone?drgs
- there have a desktop version of robinhood now.lvl_13
- not available for crypto yet? I added my name to the waiting listdbloc
- yuekit0
I'm curious which coins people here are invested in?
- https://thumbs.dream…detritus
- ^ don't they cost more to produce than their worth?helloeatbreathedrive
- ^ I like that that sentence can use their or they'reset
- Ethareum, Litecoin, and a really small amount of BitcoinBennn
- Stellar and RippleR_Kercz
- XLM, XRP, ETH- used some profits from ripple and threw some cash at KMD, VRG, KIN, ADA, ZRX, TRX - which ill let ride for the long haul. fire and forget ;]BH26
- Buying ETH and STL. Keeping an eye on NEO, ADA and XMR for opportunities.MrAbominable
- DOGECOIN!pango
- neblio, stratisinteliboy
- Ripple, Cardano, Iota, Substratum, Verge, Tron, Stellarflashbender