1. #6021
    themike78
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    Bitcoin down another $2000 should reach zero by Friday.

  2. #6022
    TheLock
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    This is when all the squares panic sell their BTC and the sharps buy a little extra beyond their Dollar Cost Averaging

  3. #6023
    k13
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    Quote Originally Posted by TheLock View Post
    This is when all the squares panic sell their BTC and the sharps buy a little extra beyond their Dollar Cost Averaging
    Sharps sold at the top and will buy in again when it drops even more.
    There won't be any big rallies anytime soon.

  4. #6024
    jjgold
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    getting wiped out

    weeding out all the squares that got in late

  5. #6025
    stake1
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    Rates. damn rates. driving the Btc market down. where is the floor?

  6. #6026
    homie1975
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    Quote Originally Posted by themike78 View Post
    Bitcoin down another $2000 should reach zero by Friday.
    you remind me of that poster KidCudi who kept shorting TSLA and then he just disappeared in thin air.

    instead of hating, get your asss in the game and buy.

  7. #6027
    homie1975
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    SOLANA


    I'm watching this guy closely.


    will soon be ready to DCA on it.

  8. #6028

  9. #6029
    nyplayer33
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    It's fake money and a scam
    Points Awarded:

    themike78 gave nyplayer33 2 Betpoint(s) for this post.


  10. #6030
    Legions36
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    Quote Originally Posted by jjgold View Post
    getting wiped out

    weeding out all the squares that got in late
    Alert!!Alert!!Alert!! Please don't follow this dudes bitcoin advice, he's cost people multi millions by posting bad stuff here about it as far back as i can remember when it was in the hundreds price.

  11. #6031
    Legions36
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    Quote Originally Posted by nyplayer33 View Post
    It's fake money and a scam
    If you just took a few minutes to learn about the mechanics of bitcoins and how it operates you would never even say something like this. Its actually the safest type of money ever made, if you think a bank account is safe this is prolly 100x safer than that with how the algo is built.

  12. #6032
    themike78
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    Quote Originally Posted by Legions36 View Post
    If you just took a few minutes to learn about the mechanics of bitcoins and how it operates you would never even say something like this. Its actually the safest type of money ever made, if you think a bank account is safe this is prolly 100x safer than that with how the algo is built.
    There are many experts that believe it is a scam as well. Safer than a bank? Are you joking? Who do you call if your bitcoin wallet gets hacked? My bank account has been hacked before and the bank refunded my money almost instantly. Same thing with cards. Is bitcoin FDIC insured? I doubt it. I would never hold a large amount of bitcoin ever.
    Last edited by themike78; 01-25-22 at 10:21 AM.

  13. #6033
    themike78
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    Quote Originally Posted by TheLock View Post
    This is when all the squares panic sell their BTC and the sharps buy a little extra beyond their Dollar Cost Averaging
    Good luck with that. Only problem is it's going to be worth pennies in a few weeks.

  14. #6034
    Legions36
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    Quote Originally Posted by themike78 View Post
    There are many experts that believe it is a scam as well. Safer than a bank? Are you joking? Who do you call if your bitcoin wallet gets hacked? My bank account has been hacked before and the bank refunded my money almost instantly. Same thing with cards. Is bitcoin FDIC insured? I doubt it. I would never hold a large amount of bitcoin ever.
    My wallets wont ever get hacked, why? because I use hardware wallets for any decent amounts. If you say they can be hacked well then everyone here who knows anything will know u don't know anything about it because its in cold storage. I don't even keep my full keys in one place they are spread out in different places. Someone gets ahold of one of my hardware wallets gl figuring out a pass code or trying to hack that, it will wipe long before you even get passed 123456. Now online wallets are a different story and u can use those at your own risk. But at least one thing came out of this, u just told everyone here who reads your rants that your just a nocoiner.

  15. #6035
    raiders72001
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    Quote Originally Posted by Legions36 View Post
    My wallets wont ever get hacked, why? because I use hardware wallets for any decent amounts. If you say they can be hacked well then everyone here who knows anything will know u don't know anything about it because its in cold storage. I don't even keep my full keys in one place they are spread out in different places. Someone gets ahold of one of my hardware wallets gl figuring out a pass code or trying to hack that, it will wipe long before you even get passed 123456. Now online wallets are a different story and u can use those at your own risk. But at least one thing came out of this, u just told everyone here who reads your rants that your just a nocoiner.
    and to add, people should connect Metamask to a hardware wallet.

  16. #6036
    biggie12
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    Quote Originally Posted by raiders72001 View Post
    and to add, people should connect Metamask to a hardware wallet.
    why Raiders my main hardware wallet isn't connected to anything

  17. #6037
    BeatTheJerk
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    Quote Originally Posted by nyplayer33 View Post
    It's fake money and a scam
    Sad you haven’t made any money with it in your life.

  18. #6038
    raiders72001
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    Quote Originally Posted by biggie12 View Post
    why Raiders my main hardware wallet isn't connected to anything
    If someone has your Metamask password, they can steal your funds. You can connect to Ledger to add security. VeVe made a duplicate of their NFTs on Immutable X. As soon as they connect that to my wallet, I want to make sure that no one steals them.

  19. #6039
    Legions36
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    Quote Originally Posted by raiders72001 View Post
    and to add, people should connect Metamask to a hardware wallet.
    Yeah I don’t trust Metamask without using a hardware wallet. I love Metamask but there own online wallet alone doesn’t seem the most secure, using it with a hardware wallet makes it unreal.

  20. #6040
    Legions36
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    Quote Originally Posted by biggie12 View Post
    why Raiders my main hardware wallet isn't connected to anything
    One key thing is you can cancel a transaction while using Eth if its to slow very easy and add more gas really fast instead of going through hoops. You can also tweak fees really to how you want. Also a lot of certain coins run flawlessly through Metamask you wont be able to do without it.

  21. #6041
    nyplayer33
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    Quote Originally Posted by Legions36 View Post
    If you just took a few minutes to learn about the mechanics of bitcoins and how it operates you would never even say something like this. Its actually the safest type of money ever made, if you think a bank account is safe this is prolly 100x safer than that with how the algo is built.
    Great.. loses 50 percent of its value and this is safe. Usa govt gonna get serious....they are going to watch closely. Its a scam because it invites money laundering
    Last edited by nyplayer33; 01-26-22 at 01:37 AM.

  22. #6042
    raiders72001
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    Quote Originally Posted by nyplayer33 View Post
    Great.. loses 50 percent of its value and this is safe. Usa govt gonna get serious....they are going to watch closely. Its a scam because it invites money laundering
    Bitcoin has a tiny percentage of money used for drugs and money laundering compared to the US dollar.

  23. #6043
    nyplayer33
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    Tax evasion: Tax evasion by using crypto transactions is another major concern of the government. It has the potential to facilitate illegal activity broadly including tax evasion. It offers investors a way to shield income from tax authorities.Nov 30, 2021

  24. #6044
    nyplayer33
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    The usa govt has now started taxing eBay sellers and u will get a 1099. They are going to put there paws in it....great to back bitcoin they lost 50 percent or 30k of its value. .wow
    Last edited by nyplayer33; 01-27-22 at 02:33 AM.

  25. #6045
    raiders72001
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    Quote Originally Posted by nyplayer33 View Post
    Tax evasion: Tax evasion by using crypto transactions is another major concern of the government. It has the potential to facilitate illegal activity broadly including tax evasion. It offers investors a way to shield income from tax authorities.Nov 30, 2021
    Everyone should pay their taxes.

  26. #6046
    raiders72001
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    Quote Originally Posted by nyplayer33 View Post
    The usa govt has now started taxing eBay sellers and u will get a 1099. They are going to put there paws in it....great to back nitcoin they lost 50 percent or 30k of its value. .wow
    If you invested in bitcoin from 2010 - Aug 2021, you made money, some got filthy rich. For 12 years people made money, for 6 months they lost. In 2024 BTC will be worth well over $100k. That's when the next halving occurs.

  27. #6047

  28. #6048
    Optional
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    Quote Originally Posted by nyplayer33 View Post
    Tax evasion: Tax evasion by using crypto transactions is another major concern of the government. It has the potential to facilitate illegal activity broadly including tax evasion. It offers investors a way to shield income from tax authorities.Nov 30, 2021
    Tax evasion!!! Ban paper cash usage as people don't pay tax on that all the time.

    Must be only criminals that would get involved with that dodgy stuff. Have you seen the urban types on street corners using it to swap for drugs all the time? Only terrible people would have dirty criminal usage US$ cash in their wallet.


    Careful what you ask for, electronic cash with a govt in control of it is about 3 steps further into that abyss than even the 1984 Big Brother scenario.
    Points Awarded:

    Arky gave Optional 2 Betpoint(s) for this post.


  29. #6049
    raiders72001
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    People have been yelling ponzi scheme and tulips for 10 years and they'll be doing it for another 10.

  30. #6050
    Legions36
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    Quote Originally Posted by nyplayer33 View Post
    Tax evasion: Tax evasion by using crypto transactions is another major concern of the government. It has the potential to facilitate illegal activity broadly including tax evasion. It offers investors a way to shield income from tax authorities.Nov 30, 2021
    It’s because of people like you that don’t take the time to learn before actually talking. First off I always pay taxes when i need to and advise anyone who uses places like Coinbase to do the same. Second if you really want to get deep into what your saying, no government can actually really do anything about it when you use a private wallet to pretty much do anything. It’s up to you to decide how you want to proceed.

  31. #6051
    biggie12
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    Quote Originally Posted by raiders72001 View Post
    If someone has your Metamask password, they can steal your funds. You can connect to Ledger to add security. VeVe made a duplicate of their NFTs on Immutable X. As soon as they connect that to my wallet, I want to make sure that no one steals them.
    ahh gotcha anytime i need to connect or interact with a contract i for the most part use a new wallet and send funds from my hardware wallet. to the new wallet it's quite simple for me cause I don't really mess with eth shitties mostly just bnb and alts which is easily moveable

  32. #6052
    bigtymer56
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    Quote Originally Posted by Legions36 View Post
    It’s because of people like you that don’t take the time to learn before actually talking. First off I always pay taxes when i need to and advise anyone who uses places like Coinbase to do the same. Second if you really want to get deep into what your saying, no government can actually really do anything about it when you use a private wallet to pretty much do anything. It’s up to you to decide how you want to proceed.
    For real, using crypto to evade taxes is probably a terrible idea, esp. if you deal with exchanges.

    At this point there are companies that track activities on the blockchain. They can easily link wallets and addresses to people. It might take some time, but figure the government is eventually going to catch up, and you make their job easier by having all your transactions easily retrievable on the various blockchains.

  33. #6053
    freelee
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    Quote Originally Posted by nyplayer33 View Post
    Great.. loses 50 percent of its value and this is safe. Usa govt gonna get serious....they are going to watch closely. Its a scam because it invites money laundering
    so does cash fiat is the real scam

  34. #6054
    nyplayer33
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    I dont have to learn about something that just lost 50 percent of its value in 2 months ..thats enough for me. Also, this is the second time in a year this has happened.

  35. #6055

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