1. #7141
    kingdom
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    Quote Originally Posted by johnnyvegas13 View Post
    Agree w this

    nothing worth investing in right now

    not true. i see folks buying 20 dollar scratchoffs daily. if you put that into cardano, tron, ethereum and it is a much better investment. anyone who thinks these 3 will not be standing 10 years from now is a fool.

  2. #7142
    kingdom
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    Quote Originally Posted by bigtymer56 View Post
    Not sure that was ever the intended use of BTC. Always viewed it more as a replacement for a bank account instead of an everyday cash replacement. Great at sending money anywhere around the world in an hour or 2 , without any middlemen in between. Not useful for going to the store to buy coffee.

    Guess the hope was by now, some quick payment layer would have been built on top of bitcoin, that allowed it to used for instant transactions. Thought that was the whole point of the lightning network. Doesn't seem like that has caught on yet, though.
    i think there is a dual purpose. investing and sending money. for those that don't send money it is an investment. most don't want to use their crypto to buy coffee. but it should be an available option to be accepted universally. and making it easy to acquire as a bank account will make a huge difference. but as an investment, we are at a prime opportunity as we are really on the ground level. digital currency is the future.

  3. #7143
    johnnyvegas13
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    Quote Originally Posted by kingdom View Post
    not true. i see folks buying 20 dollar scratchoffs daily. if you put that into cardano, tron, ethereum and it is a much better investment. anyone who thinks these 3 will not be standing 10 years from now is a fool.
    Exactly 10 years from now

    nothing short term worth investing in now

  4. #7144
    jjgold
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    long term if any crypto investments

    I laugh at the daily or swing traders they lose everything 1000% guaranteed its just when

  5. #7145
    homie1975
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    Quote Originally Posted by kingdom View Post
    not true. i see folks buying 20 dollar scratchoffs daily. if you put that into cardano, tron, ethereum and it is a much better investment. anyone who thinks these 3 will not be standing 10 years from now is a fool.

    how are Cardano and Tron different than Terra Luna? i am not trying to be a smart asss, i am just asking the differences.

    i am only investing in BTC right now.

    i stopped on ETH where i am and am standing there.

    stopped at less on SOL, AXS, LTC, AVAX, BNB.

  6. #7146
    biggie12
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    BNB will reach a new ath before btc. Homie

  7. #7147
    homie1975
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    Quote Originally Posted by biggie12 View Post
    BNB will reach a new ath before btc. Homie
    Bigger I've got a very small position in BNB and also staking it.

    no question I am hitching my wagon to BTC long though.

    good health, Bigger

  8. #7148
    ChuckyTheGoat
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    Puerto Rico just locked up PSchiff's EuroPac accts:


  9. #7149
    Optional
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    Couldn't happen to a nicer guy.

    I saw him saying "well yes we were assisting in tax evasion and money laundering but that isn't the given reason for shutting us down".

    Ok pal, sorry the semantics dont suit your narrative.
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  10. #7150
    ChuckyTheGoat
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    Quote Originally Posted by Optional View Post
    Couldn't happen to a nicer guy.

    I saw him saying "well yes we were assisting in tax evasion and money laundering but that isn't the given reason for shutting us down".

    Ok pal, sorry the semantics dont suit your narrative.
    Opti, that will truly be ironic if Schiff's clients get locked out of their $$. All that for a low handling fee of 2% per year.

    Complete joke that BOTH Mashinsky and Schiff have managed to lock out their clients out since that video. Does bring to light the concept of Counterparty Risk that shows up in so many finance videos.

  11. #7151
    ChuckyTheGoat
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    Opti, hope all is good. I've been taking in some of the Kyrgios matches.

    I really think he's misunderstood. He's a showman and takes some liberties with that.

    I really hope Nadal can play the next match, b/c that would make for a classic. Word is that Nadal really was on brink of retiring today. Guy is dealing with a significant injury (abdomen?).

  12. #7152
    homie1975
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    Quote Originally Posted by ChuckyTheGoat View Post
    Opti, hope all is good. I've been taking in some of the Kyrgios matches.

    I really think he's misunderstood. He's a showman and takes some liberties with that.

    I really hope Nadal can play the next match, b/c that would make for a classic. Word is that Nadal really was on brink of retiring today. Guy is dealing with a significant injury (abdomen?).
    Chucked take this to semifinal thread I just opened.

    Let's talk BTC. are you in at 20,500 ?

  13. #7153
    ChuckyTheGoat
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    Quote Originally Posted by homie1975 View Post
    Chucked take this to semifinal thread I just opened.

    Let's talk BTC. are you in at 20,500 ?
    I hold some. Have only made a few buys in L6 months. Long on BTC, I'd say, just trying to hang on.

  14. #7154
    homie1975
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    Quote Originally Posted by ChuckyTheGoat View Post
    I hold some. Have only made a few buys in L6 months. Long on BTC, I'd say, just trying to hang on.
    i am considering the money i am speculating with on BTC, as basically gone. never to be touched.

    if goes 20x or 30x or better in 10Y. awesome.

    if it goes to Zero i don't care. it was worth the risk.

  15. #7155
    Optional
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    Quote Originally Posted by ChuckyTheGoat View Post
    Opti, hope all is good. I've been taking in some of the Kyrgios matches.

    I really think he's misunderstood. He's a showman and takes some liberties with that.

    I really hope Nadal can play the next match, b/c that would make for a classic. Word is that Nadal really was on brink of retiring today. Guy is dealing with a significant injury (abdomen?).
    Did you see he was charged with assaulting his ex-GF yesterday?

  16. #7156
    ChuckyTheGoat
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    Quote Originally Posted by Optional View Post
    Did you see he was charged with assaulting his ex-GF yesterday?
    I saw that heading, yes. I've seen so many athlete assault accusations that I take a "Wait and See" stance on those.

    I hope it's not true. Quick way to go from "cool guy" to criminal, if it is true.

  17. #7157
    Legions36
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    Quote Originally Posted by homie1975 View Post
    Totally agree. I have just kept buying incrementally since january. I will continue to.
    Doing the same but small amounts here for now, waiting more until the end of the year early next year to really start to buy again just incase. I won't ever go against the cycle and understand where the bottom always happens during them. Either way i'm long term anyway and happy where im at today. The only confusing part for me is that double top from last year and don't really know what will happen this year, could be another confusing move that we didn't expect.

  18. #7158
    shadymcgrady
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    Is this thread going to be the one used when the next bull cycle begins or will it be a new thread? The previous bull runs had different threads

  19. #7159
    themike78
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    Bitcoin will go down about $10,000 tonight and by Monday morning the price of bitcoin will be around $3.57. I have never been wrong with any of my predictions.
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  20. #7160
    shadymcgrady
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    So if the assumption on trends based on previous cycles and history wouldn't the best time to buy be after the midterms in November?

  21. #7161
    homie1975
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    21,600 right now

    i believe it's a fake out

    i think she goes back to 20,000 before going to 23,000

    just a hunch.

  22. #7162
    BeatTheJerk
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    Quote Originally Posted by themike78 View Post
    Bitcoin will go down about $10,000 tonight and by Monday morning the price of bitcoin will be around $3.57. I have never been wrong with any of my predictions.
    Quite the contrary Mike. Bitcoin on its way to 23k by am & will be around 30-35k next week.

  23. #7163
    ChuckyTheGoat
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    Quote Originally Posted by BeatTheJerk View Post
    Quite the contrary Mike. Bitcoin on its way to 23k by am & will be around 30-35k next week.
    Jerky = the anti-M78. M78 had been winning for a year...but he pushed his luck.
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  24. #7164
    homie1975
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    Bitcoin back to 22,000

  25. #7165
    jjgold
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    The only people making money on bitcoin are the exchanges

    They laugh and collect huge profits on the spreads

  26. #7166
    Legions36
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    Quote Originally Posted by jjgold View Post
    The only people making money on bitcoin are the exchanges

    They laugh and collect huge profits on the spreads
    Let’s try as hard as we can now or lets not forget you cost your huge fan base here multi-millions in bitcoin gains from all those years of trash talking bitcoin when you knew nothing about it. Its so comical every time you post about bitcoin or crypto because I can’t forget all the negative posts you made when people tried to tell u different.
    Last edited by Legions36; 07-08-22 at 11:42 AM.

  27. #7167
    homie1975
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    over the next 10 years, some of us are going to get PAID while the others are left crying in their beverage of choice.

  28. #7168
    johnnyvegas13
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    Quote Originally Posted by homie1975 View Post
    over the next 10 years, some of us are going to get PAID while the others are left crying in their beverage of choice.
    By holding bitcoin ???

  29. #7169
    homie1975
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    BTC inside of $22,000 again.

    need her to dip back below $20,000 then will buy more.

    come to Papa.

  30. #7170
    ChuckyTheGoat
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    Quote Originally Posted by homie1975 View Post
    BTC inside of $22,000 again.

    need her to dip back below $20,000 then will buy more.

    come to Papa.
    Wish we got more updates about El Salvador. When I DON'T hear updates from El Salv...I wonder if BTC is being less accepted.

    More civil unrest in places like Sri Lanka. Wonder if BTC is part of the solution.

    I'm no smarter than the next guy. Wonder if Putin offers a labor-for-gold solution.

  31. #7171
    homie1975
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    Quote Originally Posted by ChuckyTheGoat View Post
    Wish we got more updates about El Salvador. When I DON'T hear updates from El Salv...I wonder if BTC is being less accepted.

    More civil unrest in places like Sri Lanka. Wonder if BTC is part of the solution.

    I'm no smarter than the next guy. Wonder if Putin offers a labor-for-gold solution.
    \


    Chucker there are so many factors to consider so to dial out the noise I am looking at the long game.

    I believe it is definitely a risk but a worthwhile speculation that ~10 years from now, BTC will be significantly higher than it is now.

    Just my feeling.

  32. #7172
    ChuckyTheGoat
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    Quote Originally Posted by homie1975 View Post
    \


    Chucker there are so many factors to consider so to dial out the noise I am looking at the long game.

    I believe it is definitely a risk but a worthwhile speculation that ~10 years from now, BTC will be significantly higher than it is now.

    Just my feeling.
    Salud, and Good Luck. I think you're smarter than most.

    You said you were a Black Belt. So, I know you're TOUGHER than most.

    I do think there is information to be gleaned from the now-famous Schiff/Mashinsky debate. These two were haranguing each other over which guy to invest with. Turns out the answer is a resounding...NEITHER. Brings to light the concept of Counter-party Risk. Trust no one with your finances, that's the way to go.

  33. #7173
    homie1975
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    Quote Originally Posted by ChuckyTheGoat View Post
    Salud, and Good Luck. I think you're smarter than most.

    You said you were a Black Belt. So, I know you're TOUGHER than most.

    I do think there is information to be gleaned from the now-famous Schiff/Mashinsky debate. These two were haranguing each other over which guy to invest with. Turns out the answer is a resounding...NEITHER. Brings to light the concept of Counter-party Risk. Trust no one with your finances, that's the way to go.
    Chucker, I think if I'm 57 or older I'm not taking much of a chance but I'm actually 47 so if I lose $20k or $30k I'm okay with it on this type of spec play.

    I'm calculating this risk but I understand it's not for everyone.

    Good health to you on whatever is best for you given your particular circumstances. I will certainly become more and more risk averse as I creep closer and closer to retirement.

  34. #7174
    pimike
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    Quote Originally Posted by homie1975 View Post
    BTC inside of $22,000 again.

    need her to dip back below $20,000 then will buy more.

    come to Papa.

    Lol

  35. #7175
    ChuckyTheGoat
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    Quote Originally Posted by pimike View Post
    Lol
    This week's highlights from the "Miked Up" podcast.

    PIMIKE: "Hey, 78. How are you? What's your intel telling you this week?"

    MIKE78: "Bearish reports from the field. Looks like we'll hit $5 on Wednesday. And we'll flatten out to ZERO on Friday."

    PIMIKE: "Thanks, brother. Have a good week."
    Last edited by ChuckyTheGoat; 07-10-22 at 11:02 PM.

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