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» Just fukkn lmaoooooo at nocoincels
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post 1698476213 02-28-2024, 12:52 PM
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#31
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Originally Posted By CanuckGame
What color do you think i should pre-order my lambo in?
this man right here


Hoolyy

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post 1698476263 02-28-2024, 12:53 PM
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#32
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It would be pretty remarkable if crypto actually surpasses the highs back in November 2021 when interest rates were still zero

I don’t even know what that would signify, it seems impossible considering the dynamics here
post 1698476703 02-28-2024, 01:04 PM
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#33
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Originally Posted By Destor
It would be pretty remarkable if crypto actually surpasses the highs back in November 2021 when interest rates were still zero

I don’t even know what that would signify, it seems impossible considering the dynamics here
I think it's likely because of the ETF factor. They've made it so much easier for anyone even slightly interested in bitcoin to buy a portion. And for financial advisors to sell it to their clients.

Many people were put off by the various steps needed to buy bitcoin previously.
post 1698477133 02-28-2024, 01:16 PM
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#34
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Originally Posted By NestBrah
I think it's likely because of the ETF factor. They've made it so much easier for anyone even slightly interested in bitcoin to buy a portion. And for financial advisors to sell it to their clients.

Many people were put off by the various steps needed to buy bitcoin previously.
That still probably wouldn't explain why a speculative asset with no intrinsic value would be worth more today than it was when you could borrow money for free, zero interest rates being massively supportive for speculation
post 1698485423 02-28-2024, 04:09 PM
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#35
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Up another $1000 today boyos.



Just fukkn lmaoooo at you nocoincels.
post 1698485543 02-28-2024, 04:12 PM
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#36
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Originally Posted By CanuckGame
Up another $1000 today boyos.



Just fukkn lmaoooo at you nocoincels.
Which Lambo you getting? I think an Aventador would be insane
post 1698492023 02-28-2024, 07:42 PM
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#37
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Originally Posted By CanuckGame
Up another $1000 today boyos.



Just fukkn lmaoooo at you nocoincels.
lawwd
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post 1698492623 02-28-2024, 08:07 PM
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#38
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lol @ no coincels

post 1698695993 03-04-2024, 01:53 AM
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#39
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BTC just hit 90k CAD.

Its over for you nocoincels.



If you dont have any PEPE, your tours 100% over.




Ded srs.]
post 1698697053 03-04-2024, 02:51 AM
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#40
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Originally Posted By TugOfPeace
This is why you dont take financial advice from miscers.

Past performance is not indicative of future performance
Governments will never stop printing money. Stock market is designed to go up, stocks go up in price same as gas and food. Nobody can do anything about it. That’s the design.
post 1698697283 03-04-2024, 02:58 AM
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#41
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Originally Posted By AlexxVann
lol @ no coincels

Nice!!!!

Inb4 gobermint ban bitcoin, going to zero! It’s scam! Gold is king!
post 1698698763 03-04-2024, 03:53 AM
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#42
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Nocoiners are the biggest losers on the planet, see my thread
post 1698699483 03-04-2024, 04:21 AM
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#43
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post 1698704783 03-04-2024, 07:17 AM
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#44
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Originally Posted By TugOfPeace
Lmao

SPY has only returned 11.24% the past three years.

How can that be?? I thought it returns 12% each year?
On average.

Some years will be red. Some will be VERY VERY red. And some will be very green. 100 years is proof.
post 1698705433 03-04-2024, 07:35 AM
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#45
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Originally Posted By CanuckGame
BTC just hit 90k CAD.

Its over for you nocoincels.



If you dont have any PEPE, your tours 100% over.

Ded srs.]
How did I not know about pepe? It was .01 and hit a dollar LMAOOOOOOO
Quads for the broads
post 1698705473 03-04-2024, 07:36 AM
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#46
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Brutal
post 1698709263 03-04-2024, 09:00 AM
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#47
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Originally Posted By AlfBundy
So basically everyone can buy btc and make money? It doesn't work like that brah. Btc is just like everything else: 99% losers
Sitting on a sweet 117.5% profit right now.
post 1698709513 03-04-2024, 09:06 AM
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#48
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I own a fair amount of ETH/BTC, but whenever I see people on the misc bragging about their crypto/tech stonk gains, that's a pretty solid signal that we're nearing a local top. Once those dudes disappear, that's the time to start buying more aggressively.

Caveat Emptor
post 1698709723 03-04-2024, 09:11 AM
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#49
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Congratz everyone, i remember those feelz back in Nov'22 at the bottom of the bear market
post 1698710693 03-04-2024, 09:32 AM
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#50
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People hodling bitcoin long term are doing it in the optic that it will supplant fiat currencies, or at least become a common method of exchange.

We're a long way off that happening, and it may never happen, in which case BTC is dead
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post 1698710753 03-04-2024, 09:34 AM
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#51
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Originally Posted By tvr123
People hodling bitcoin long term are doing it in the optic that it will supplant fiat currencies, or at least become a common method of exchange.

We're a long way off that happening, and it may never happen, in which case BTC is dead
Sounds like nocoiner butthurt from having missed the boat.
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post 1698710923 03-04-2024, 09:36 AM
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#52
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Originally Posted By kusok
On average.

Some years will be red. Some will be VERY VERY red. And some will be very green. 100 years is proof.
Some unique challenges coming up in the coming decades though
Demographics is srs business
Climate change
Gen z antiwork capitalism bad p hags
Political instability/threats to world peace

Gonna be choppy waters
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post 1698711043 03-04-2024, 09:40 AM
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#53
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Originally Posted By tvr123
People hodling bitcoin long term are doing it in the optic that it will supplant fiat currencies, or at least become a common method of exchange.

We're a long way off that happening, and it may never happen, in which case BTC is dead
Agreed.

I own no crypto but following the events very closely as find it fascinating since 2013

Potentially the first and only time we might witness something like this so its a fascinating case study.

that said, it will bottom out eventually. When 99% of people buying crypto are buying it because they can see the value growing on a chart is telling. Gone are the days where Crypto uses were actively discussed and tangible uses of BTC were accepted. Now it just seems like a false investment.

People are investing in crypto so they can eventually exchange it back in Dollars.

it's very interesting to see how this plays out now. It probably might hit 100k, maybe even more but I'm curious to see if/when it eventually starts dropping only to never peak again. I personally think this will be the likely outcome as again there is no intrinsic use for crypto.
I appreciate well thought out subtle trolling.
post 1698711113 03-04-2024, 09:41 AM
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#54
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Originally Posted By tvr123
Some unique challenges coming up in the coming decades though
Demographics is srs business
Climate change
Gen z antiwork capitalism bad p hags
Political instability/threats to world peace

Gonna be choppy waters
The bull climbs the wall of worry.
A classic investing expression.

I’m oldcel enough to remember doomsday being predicted every year of my life, one worse than the other. Nothing ever happens. Market survived 2 nuclear bombs, 2 world wars, market crashes, depression, skyscrapers falling down next to Wall Street, stock market shutting down for days etc. etc. etc.

Market will ALWAYS go up because of inflation. Food, gas AND STOCKS cost more and more and more. That’s all. That’s the design. Nobody can fight that.
post 1698711283 03-04-2024, 09:44 AM
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#55
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Originally Posted By tvr123
People hodling bitcoin long term are doing it in the optic that it will supplant fiat currencies, or at least become a common method of exchange.

We're a long way off that happening, and it may never happen, in which case BTC is dead
Your premise is wrong. Bitcoin is just a finite supply of something, thus it can be used to protect yourself against inflation. It’s a way to hedge. And to transfer funds easily for free and quickly.
post 1698711463 03-04-2024, 09:49 AM
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#56
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Originally Posted By iTunesBrah
Agreed.

I own no crypto but following the events very closely as find it fascinating since 2013

Potentially the first and only time we might witness something like this so its a fascinating case study.

that said, it will bottom out eventually. When 99% of people buying crypto are buying it because they can see the value growing on a chart is telling. Gone are the days where Crypto uses were actively discussed and tangible uses of BTC were accepted. Now it just seems like a false investment.

People are investing in crypto so they can eventually exchange it back in Dollars.

it's very interesting to see how this plays out now. It probably might hit 100k, maybe even more but I'm curious to see if/when it eventually starts dropping only to never peak again. I personally think this will be the likely outcome as again there is no intrinsic use for crypto.
Sigh… it doesn’t work like that. When Saudis invest 100 billion in bitcoin, they don’t sell. People who bought NVDA at $4 are not selling either. You borrow against your assets, this way you don’t pay tax either. You don’t sell and send money back to your bank. Only morons do that Rich people borrow at 3%, and since sp500 goes up 12% you never actually have to pay for anything, you just put it on your balance sheet. You have this much, you owe that much etc. Fidelity lets you do that starting at 500k. Lesser mortals can just take out home equity line of credit.

All these people like Elon Musk don’t actually have bags of cash under their bed. When they want something, they borrow against their portfolio.
post 1698711683 03-04-2024, 09:53 AM
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#57
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theres people who still dont know about bitcoin
post 1698712043 03-04-2024, 10:02 AM
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#58
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post 1698716943 03-04-2024, 11:37 AM
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#59
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Originally Posted By kusok
Your premise is wrong. Bitcoin is just a finite supply of something, thus it can be used to protect yourself against inflation. It’s a way to hedge. And to transfer funds easily for free and quickly.
Explain to me what happens when supply runs out

Idk how people can predict this, cause if someone comes along and pays 50 billion for some nobody knew that amount would come out

I know the halvening continously makes it harder to mine, prolonging the supply.. but theoretically.. my aforementioned about not knowing how much some can buy

I understand when bitcoin supply runs out, it is now more rare, perhaps exceedingly so... i also know you can send .0000001 bitcoin

Your supply is now out. You can only send bitcoin to and fro. Why would anybody use it? Is it amazingly fast? No. Does it do something other things cant do? No. Its a ledger and historical record but so are a lot of things. Its not untraceable

Its actually not very good as a currency, as a lot of other cryptos are better

So why would its value continually go up? Introducing someone new would require devaluing it by spreading out the amount someone has

Idk.. i dont get it. I get some of it
post 1698717223 03-04-2024, 11:42 AM
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#60
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Originally Posted By kusok
Your premise is wrong. Bitcoin is just a finite supply of something, thus it can be used to protect yourself against inflation. It’s a way to hedge. And to transfer funds easily for free and quickly.
Lots of things are finite but that doesn't make them worth anything. That they are an accepted medium of exchange makes them worthy. Gold is worth something because you can exchange it for fiat currencies easily.
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