Thread: Bitcoin just broke $10k
05-10-2020, 04:28 PM
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#61
- EmmaW4tson
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People who dont know whats happening are like white girls without an iphone, you stick out.
When someone with knowledge of how to trade says buy BTC at a low and pull profits when it goes way above the price you bought at it means you dont hold it like a retard because you wanna be greedy and see it moon to whatever figure you dream of it being.
Buy @ 3k? Selling at 8k or more? How much profit is that? Only greedy dumb fuks dont see that as a good thing.
if you dont get this concept then stay away from trading and crypto.
When someone with knowledge of how to trade says buy BTC at a low and pull profits when it goes way above the price you bought at it means you dont hold it like a retard because you wanna be greedy and see it moon to whatever figure you dream of it being.
Buy @ 3k? Selling at 8k or more? How much profit is that? Only greedy dumb fuks dont see that as a good thing.
if you dont get this concept then stay away from trading and crypto.
05-10-2020, 05:16 PM
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#62
- samsbolton
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Originally Posted By EmmaW4tson⏩
wtf language is this word salad in?People who dont know whats happening are like white girls without an iphone, you stick out.
When someone with knowledge of how to trade says buy BTC at a low and pull profits when it goes way above the price you bought at it means you dont hold it like a retard because you wanna be greedy and see it moon to whatever figure you dream of it being.
Buy @ 3k? Selling at 8k or more? How much profit is that? Only greedy dumb fuks dont see that as a good thing.
if you dont get this concept then stay away from trading and crypto.
When someone with knowledge of how to trade says buy BTC at a low and pull profits when it goes way above the price you bought at it means you dont hold it like a retard because you wanna be greedy and see it moon to whatever figure you dream of it being.
Buy @ 3k? Selling at 8k or more? How much profit is that? Only greedy dumb fuks dont see that as a good thing.
if you dont get this concept then stay away from trading and crypto.
what asset WOULDNT you buy low and sell high you complete fuktard
2023 bertie awards 2024 nominations
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05-10-2020, 05:31 PM
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#63
- EmmaW4tson
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Originally Posted By samsbolton⏩
Stay in your lane you council estate trash. Post a pic of your estate and I'll find it and shove some BTC up that chav ass of yours *******.wtf language is this word salad in?
what asset WOULDNT you buy low and sell high you complete fuktard
what asset WOULDNT you buy low and sell high you complete fuktard
05-10-2020, 06:01 PM
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#64
- samsbolton
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Originally Posted By EmmaW4tson⏩
Never lived on a council estate and never likely to. Don’t have them in the Home Counties no riff raff hereStay in your lane you council estate trash. Post a pic of your estate and I'll find it and shove some BTC up that chav ass of yours *******.
2023 bertie awards 2024 nominations
https://forum.obnoxiousbrutes.com/showthread.php?t=184693083
05-10-2020, 06:01 PM
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#65
- FattestManBoobs
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Update: Bitcoin just broke $8,755
Let me know when it changes
Let me know when it changes
05-10-2020, 07:57 PM
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#66
- Masterchieffer
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- Masterchieffer
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Not that this is going to change anything but if you are going all in in bitcoin you are legit a retard and it's a miracle you ever had money in the first place.
05-10-2020, 08:06 PM
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#67
- Frank Drebin
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Usually I don't like these threads but this was like someone reminding me of a lunar eclipse. Thanks
05-10-2020, 08:14 PM
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#68
- bfdehewdbyywhn
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- bfdehewdbyywhn
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bitcoin won’t make you jack****. 2017 was the last time to ride the train
do some research and invest in alt coins
do some research and invest in alt coins
HTC is too skinny for me. Fat Girls only crew. serious
Chubby Chaser and Fat Girls Only crew Founder
05-10-2020, 08:26 PM
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#69
- thebrainiac
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There is going to be MAJOR OPPORTUNITIES in real estate once this shamdemic fizzles out...
why the flying phuck would anyone even care about bitcoin as an investment nowadays?
why the flying phuck would anyone even care about bitcoin as an investment nowadays?
05-11-2020, 05:12 AM
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#70
05-11-2020, 05:17 AM
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#71
- isingmodel
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Originally Posted By Masterchieffer⏩
cashed out 3x my initial investment in the space of 1.5 years, and still have 6 figures left in crypto. U mad bro?Not that this is going to change anything but if you are going all in in bitcoin you are legit a retard and it's a miracle you ever had money in the first place.
Misc Crypto Crew
BTC to $200k
05-11-2020, 05:54 AM
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#72
- PimpMasterC
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I would bet that not a single person in this thread actually understand how bitcoin works, but invest and like to talk big, even tho their knowledge is very limited. Hell, even my knowledge is pretty limited, but everyone with an ounce of brain should see that bitcoin will NOT work long term. I hold crypto myself, but bitcoin is trash. Just admit it. Bitcoin still exist because whales make big money off of it, thats the only reason the price hasn´t collapsed to $2k.
It´s pretty common knowledge in the crypto smart circle that bitcoin won´t survive long term, most people just dont speak out loud about it.
It´s pretty common knowledge in the crypto smart circle that bitcoin won´t survive long term, most people just dont speak out loud about it.
05-11-2020, 06:21 AM
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#73
- isingmodel
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Originally Posted By PimpMasterC⏩
I understand very well how Bitcoin works, right from the consensus algorithm and SHA256, confirmations and double spending, Segwit, Lightning, ASICs and mining, to the market dynamics of it. It's entirely possible that Bitcoin will eventually fizzle out and be replaced by something else but that is anything but "known" or likely to happen.I would bet that not a single person in this thread actually understand how bitcoin works, but invest and like to talk big, even tho their knowledge is very limited. Hell, even my knowledge is pretty limited, but everyone with an ounce of brain should see that bitcoin will NOT work long term. I hold crypto myself, but bitcoin is trash. Just admit it. Bitcoin still exist because whales make big money off of it, thats the only reason the price hasn´t collapsed to $2k.
It´s pretty common knowledge in the crypto smart circle that bitcoin won´t survive long term, most people just dont speak out loud about it.
It´s pretty common knowledge in the crypto smart circle that bitcoin won´t survive long term, most people just dont speak out loud about it.
Misc Crypto Crew
BTC to $200k
05-11-2020, 06:46 AM
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#74
- PimpMasterC
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Originally Posted By isingmodel⏩
It has literally slim to no chance at survivng long term, several academic papers have been written on it. It´s flawed technically, economically and socially just like my signature says. Go ahead and ask the smartest people in crypto, most will say that bitcoin will fail. Just ask Mike Hearn, Nick Szabo, vitalik, vlad, Arthur Breitman, or pretty much any former bitcoin core developer, go ahead ask em. The case against bitcoin is very strong, and the case for bitcoin is not nearly as strong. The market will not ignore better blockchains forever. Bitcoin maximalists literally think bitcoin will stay on top just because it was the first, lmao.I understand very well how Bitcoin works, right from the consensus algorithm and SHA256, confirmations and double spending, Segwit, Lightning, ASICs and mining, to the market dynamics of it. It's entirely possible that Bitcoin will eventually fizzle out and be replaced by something else but that is anything but "known" or likely to happen.
On the Instability of Bitcoin Without the Block Reward
https://www.cs.princeton.edu/~arvind...mining_CCS.pdf
Beyond the doomsday
economics of “proof-of work” in cryptocurrencies
Monetary and Economic Department
https://www.bis.org/publ/work765.pdf
05-11-2020, 07:00 AM
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#75
- isingmodel
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Originally Posted By PimpMasterC⏩
If you are talking literally many decades or more in the future (block rewards approaching 0 around 2140) then I don't necessarily disagree, and PoS algos like Cardano's Ouroboros or ETH's Casper and similar tech will absolutely take the forefront. I'm talking more in the next 2-5 years as we possibly move into another bull cycle. I am in no way a maxi lolIt has literally slim to no chance at survivng long term, several academic papers have been written on it. It´s flawed technically, economically and socially just like my signature says. Go ahead and ask the smartest people in crypto, most will say that bitcoin will fail. Just ask Mike Hearn, Nick Szabo, vitalik, vlad, Arthur Breitman, or pretty much any former bitcoin core developer, go ahead ask em. The case against bitcoin is very strong, and the case for bitcoin is not nearly as strong. The market will not ignore better blockchains forever. Bitcoin maximalists literally think bitcoin will stay on top just because it was the first, lmao.
On the Instability of Bitcoin Without the Block Reward
https://www.cs.princeton.edu/~arvind...mining_CCS.pdf
Beyond the doomsday
economics of “proof-of work” in cryptocurrencies
Monetary and Economic Department
https://www.bis.org/publ/work765.pdf
On the Instability of Bitcoin Without the Block Reward
https://www.cs.princeton.edu/~arvind...mining_CCS.pdf
Beyond the doomsday
economics of “proof-of work” in cryptocurrencies
Monetary and Economic Department
https://www.bis.org/publ/work765.pdf
Misc Crypto Crew
BTC to $200k
02-16-2021, 03:27 AM
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#76
- kingmanaverage
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Originally Posted By dopamine72⏩
Literally sold half of my bitcoin for MAJOR profits @ 19,500 two years ago
Sold 1/4 more when it went back to 13k for a vegas trip last year
Then my girlfriend (now ex) stole the rest, dead srs, still trying to get it back
Sold 1/4 more when it went back to 13k for a vegas trip last year
Then my girlfriend (now ex) stole the rest, dead srs, still trying to get it back
Originally Posted By TypeNirvash⏩
Damn you guys could have been CEO10k a day if you'd kept it. Mirin OP's consistent faith over time.Bought in @ 5K life is gouda cheese
Tbh sold at 9.9K, because I ain't playing the rollercoaster and decided to sacrifice potential future funds for immediate funds.
Good luck brahs
Tbh sold at 9.9K, because I ain't playing the rollercoaster and decided to sacrifice potential future funds for immediate funds.
Good luck brahs
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02-16-2021, 03:37 AM
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#77
- phaginator
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Tesla was a better investment
02-16-2021, 03:46 AM
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#78
02-16-2021, 03:49 AM
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#79
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hodlers gon hodl
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02-16-2021, 04:30 AM
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#80
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Originally Posted By silverlux⏩
Correct, no one can predict the future. However, countless scientific studies prove what is the best long term investment strategy, no matter which market: diversified buy and hold.Threads like these just show that literally no one has any clue what their talking about and everyone tries to sound smart and informed when it's all about luck.
No one can predict what is going to happen and you either get lucky and ride the wave or are part of a hedge fund that manipulates the market.
No one can predict what is going to happen and you either get lucky and ride the wave or are part of a hedge fund that manipulates the market.
How to lose fat for Noobs: http://forum.obnoxiousbrutes.com/showthread.php?t=129247741
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