Skip to main content

Replies sorted oldest to newest

@DocBenni -- https://www.coingecko.com/en/coins/bitcoin

It's more rare than Gold -- Bitcoin is/was the solution to the economic crash in 2008. It has a (now) $1 Trillion+ market cap. It's going to increase in value as more institutions start accepting it (Banks like BNY Mellon, MasterCard & Visa) - That max supply is key

Circulating Supply
18,643,725 / 21,000,000
Fully Diluted Valuation
$1,072,457,904,000
Max Supply
21,000,000
Russell Okung is smart. Companies like Tesla don't invest $1.5 Billion in it, if they believe it's going to lose.
@Henry posted:

Olinemen aren't dummies.

Chesapeake joins more than 200 other bankrupt U.S. shale producers

By DAVID WETHE on 6/29/2020

HOUSTON (Bloomberg) --The shale bust has reached a grim milestone by claiming the pioneer of America’s drilling renaissance. But Chesapeake Energy, which filed for bankruptcy protection on Sunday, is just the latest in a long list of casualties.

More than 200 North American oil and gas producers, owing over $130 billion in debt, have filed for bankruptcy since the beginning of 2015, according to a May report from law firm Haynes & Boone. This year alone, at least 20 have gone under after oil prices plunged amid the Covid-19 pandemic.

back in sept. of 2017, a friend of mine tried to get me to invest in bit coin, as an incentive he gave me $50 worth of bitcoin (which at the time was 0.01255).  Like an idiot I ignored him and did nothing.

That $50 is now worth $600

@Henry posted:

Olinemen aren't dummies.

Ummm....

@Pikes Peak posted:

Chesapeake joins more than 200 other bankrupt U.S. shale producers

I think you mis-read @Henry 's quote as "oilmen" instead of O-Linemen.

amiright?

Back on topic....

My Bitcoin BTC & Litecoin LTC portfolio has increased 50% in 2 weeks. If that keeps happening (unlikely) I'll be a Crypto-millionaire by next year.

@Thunderbird posted:

back in sept. of 2017, a friend of mine tried to get me to invest in bit coin, as an incentive he gave me $50 worth of bitcoin (which at the time was 0.01255).  Like an idiot I ignored him and did nothing.

That $50 is now worth $600

9 days after your post, that $600 is now $750 (right now 3/13/2021 at 9:10 AM LFT). Still not investing?

Last edited by Boris

I believed in Tesla when everyone else said I was fucking looney. I no longer own TSLA (except some in ETF's). I built 30% of my 401k on TSLA (diversified now of course)

Now....This is the way....Crypto, specifically BTC. I'm in others too as you'll read about in future posts.

https://finance.yahoo.com/news...-risk-184919437.html

Stimulus checks, Elon Musk’s relentless support, short-sellers throwing in the towel, and weekend liquidity were just what was needed to send Bitcoin above the $60,000 level,” said Ed Moya, senior market analyst at Oanda Corp. “Bitcoin once again seems to be an unstoppable force and no one wants to get in the way of this momentum trade.

That bold part is key. People are buying & holding in their hardware wallets. This action destroys short-sellers

Speaking of Elon & Tesla....

Let's see....quick math here..... 1,500,000,000 * .80 = $1,200,000,000 in 60 days. 2 Months....60 days. For a grand total of.... $2,700,000,000 - That's 2 Billion 700 Million U.S. Dollars. Let me know if any bank comes remotely close to that return on your savings account.

Was waiting/hoping for this to happen. Gene Simmons invested $300k into this crypto. I was in on it before Gene. Now it's on CoinBase.

Ladies & Gents....The smartest football player in NFL History.

Yes, Fidelity who manages about $9 Trillion dollars will have a BTC ETF. Along with Goldman Sachs SkyBridge Morgan Stanley/NYDIG VanEck Valkyrie WisdomTree Bitwise.

Goldman Sachs -- Last year, they called bitcoin "not an asset class".

Ummm.....Can we change our mind on that in 2021??

Last edited by Boris

Hey Boys & Girls, Vlad an excellent Bitcoiner from Romania has created a subreddit. Check it out when you have a chance.

https://www.reddit.com/r/BTCTKVR

I have this hardware wallet. It's really nice but a little pricey at $130. Cost of keeping your BTC safe instead of on an exchange that can get hacked like Mt. Gox did back in 2011 (I think?) So far Coinbase & Blockfi are doing great at security. (Binance too I guess but they're from China so I trust them less) Hardware wallets are the safest for securing your crypto.

https://www.reddit.com/r/BTCTK...itbox02_user_review/

https://apple.news/A7bSjKQzjSKSFFo7-WdhaFg

Doing some good work in Ethiopia. Really helping the students out

"5 million students across 3,500 schools in Ethiopia are about to have their educational records stored on a blockchain."

Last edited by Boris

Anyone been mining bitcoin? I started during the pandemic. Nothing crazy, just using gear I already owned. Anyway, with the crackdown in mining in China, the mining difficulty rating is set to drop 27% tomorrow. Should make for some interesting numbers going forward.

Yeah, I stopped mining this year. Profit turned negative at some point.

I'm going to take the money I earned and buy some of these sweet new $99 NFT's that are available as of yesterday. They are going to make for great Christmas presents!

@PackerHawk posted:

Yeah, I stopped mining this year. Profit turned negative at some point.

I'm going to take the money I earned and buy some of these sweet new $99 NFT's that are available as of yesterday. They are going to make for great Christmas presents!

🤮  

Add Reply

Post
×
×
×
×
Link copied to your clipboard.
×