bitcoins

[Entoptic]

It must be a good time to buy! Buy it while it's still low.


WSJ says the boost is mostly small investors, the Hedge funds are shorting this bump.

Any short has been eaten up by the bull run going on and anyone shorting this right now is losing fuck tons of money. You can see it everyday, millions of dollars are being lost, 1m, 2m, 4m, 10m at a time, over and over. There is a trading program called aggro trader and you can watch it in real time. I was in a room of 30 people last night on Discord chatting and watching it occur in real time.

Post a picture of the shorts you claim WSJ says are active.

Bloomberg said the hype over Facebook Libra (push into crypto) helped reinvigorate demand

Whatever the speculation is, btc is hot and shitcoins are even hotter. You can sit on the side lines and comment or you can get involved and maybe learn something about crypto and how to trade it.

 

[Removed 3]

You request that people with opposing views from yours to stop posting in this thread. What happens? The opposite. They will continue to post. If I so desire to ever buy crypocurrency, I wouldn't trust you to teach me how. Keep on telling people how much they're missing out. Keep on bragging. ...

 

[afm199]

Any short has been eaten up by the bull run going on and anyone shorting this right now is losing fuck tons of money. You can see it everyday, millions of dollars are being lost, 1m, 2m, 4m, 10m at a time, over and over. There is a trading program called aggro trader and you can watch it in real time. I was in a room of 30 people last night on Discord chatting and watching it occur in real time.

Post a picture of the shorts you claim WSJ says are active.



Whatever the speculation is, btc is hot and shitcoins are even hotter. You can sit on the side lines and comment or you can get involved and maybe learn something about crypto and how to trade it.

If you say so.

 

[Entoptic]

You request that people with opposing views from yours to stop posting in this thread. What happens? The opposite. They will continue to post. If I so desire to ever buy crypocurrency, I wouldn't trust you to teach me how. Keep on telling people how much they're missing out. Keep on bragging. ...

It’s like you talking into a mirror every post.

If you say so.

Well you said so. I’m just asking you to provide proof of shorts. Why is that so hard?

 

[Removed 3]

I like what I see in the mirror. Do you?

 

[Entoptic]

I like what I see in the mirror. Do you?

See you can’t stop.

 

[panthera]

I came into this thread to talk to like minded folks about something I am interested in. I don’t give a crap if anyone else invests in it. I’m not here to convince anyone of anything. This thread has turned into shit because some posters think the rest of you are so gullible that those of us speaking highly of it, will make someone fomo in. Good luck with what you have going in life. I’m out. I’ll check back in on the thread from time to time and see who’s interested in bitcoin and pm you any info that is relevant. Btw not knowing certain aspects is ok. I’ve been in this for years and am constantly learning. I have never said I was an expert. I am probably way more involved in this space than anyone else on barf but that doesn’t mean shit. The level of bickering in this thread is now intolerable for me. I’ll keep my bitcoin talk on pm and other forums. Good luck.

 

[Entoptic]

I came into this thread to talk to like minded folks about something I am interested in. I don’t give a crap if anyone else invests in it. I’m not here to convince anyone of anything. This thread has turned into shit because some posters think the rest of you are so gullible that those of us speaking highly of it, will make someone fomo in. Good luck with what you have going in life. I’m out. I’ll check back in on the thread from time to time and see who’s interested in bitcoin and pm you any info that is relevant. Btw not knowing certain aspects is ok. I’ve been in this for years and am constantly learning. I have never said I was an expert. I am probably way more involved in this space than anyone else on barf but that doesn’t mean shit. The level of bickering in this thread is now intolerable for me. I’ll keep my bitcoin talk on pm and other forums. Good luck.

PM inc. I have some groups you may be interested in and I’d like to hear more about your experience building out a server farm for coinbase.

I agree this thread has gone to shit. There will always be someone in a thread that just posts to shit on others.

 

[Shaggy]

US currency keeps being printed into oblivion. Last report I read stated that 2.7 trillion has been printed in the last year. Yeah, Im sure thats sustainable. Even gold is moving higher. There will be a flight from paper currency.

90% of new US currency is printed solely to replace old/destroyed/lost currency. I don’t think your statistic means as much as you think it does.

 

[MikeGyver]

From https://www.federalreserve.gov/faqs/currency_12773.htm

How much U.S. currency is in circulation?


There was approximately $1.70 trillion in circulation as of January 31, 2019.

This figure includes Federal Reserve notes ($1,655.2 billion), U.S. notes ($0.2 billion), currency no longer issued ($0.2 billion), and coins outstanding ($47.2 billion).

Am I missing something from the 2.7 trillion number posted above?

 

[Entoptic]

90% of new US currency is printed solely to replace old/destroyed/lost currency. I don’t think your statistic means as much as you think it does.

Interesting topic. I did some googling and found this.

Thanks for mentioning it. Fun stuff to read up on.
https://www.federalreserve.gov/paymentsystems/coin_currency_orders.htm

 

[UDRider]

I came into this thread to talk to like minded folks about something I am interested in. I don’t give a crap if anyone else invests in it. I’m not here to convince anyone of anything. This thread has turned into shit because some posters think the rest of you are so gullible that those of us speaking highly of it, will make someone fomo in. Good luck with what you have going in life. I’m out. I’ll check back in on the thread from time to time and see who’s interested in bitcoin and pm you any info that is relevant. Btw not knowing certain aspects is ok. I’ve been in this for years and am constantly learning. I have never said I was an expert. I am probably way more involved in this space than anyone else on barf but that doesn’t mean shit. The level of bickering in this thread is now intolerable for me. I’ll keep my bitcoin talk on pm and other forums. Good luck.

Well it doesn't help that you can't seem to answer basic questions like what is different this time around. You came back with some anecdotal response and something that is still in alpha, and not much different from what was two years ago.

 

[Entoptic]

Well it doesn't help that you can't seem to answer basic questions like what is different this time around. You came back with some anecdotal response and something that is still in alpha, and not much different from what was two years ago.

Interesting article.

https://www.google.com/amp/s/cointe...e-will-probably-not-stop-at-20k-this-time/amp

As you can see people like AFM say institutions are hedging against it but as you can read it’s the exact opposite to the tune of over a quarter billion dollars recently. That alone will increase the price,volume,fomo and discussion around a dead crypto coin.

CME crypto futures are bullish.

Signs pointing to bull market.

 

[Blankpage]

Says Allen Scott the fictional superhero. Who wouldn't bet on a superhero.

 

[Entoptic]

Says Allen Scott the fictional superhero. Who wouldn't bet on a superhero.

I’m sure Thanos would bet against him.

 

[rodr]

I came into this thread to talk to like minded folks about something I am interested in. I don’t give a crap if anyone else invests in it. I’m not here to convince anyone of anything. This thread has turned into shit because some posters think the rest of you are so gullible that those of us speaking highly of it, will make someone fomo in. Good luck with what you have going in life. I’m out. I’ll check back in on the thread from time to time and see who’s interested in bitcoin and pm you any info that is relevant. Btw not knowing certain aspects is ok. I’ve been in this for years and am constantly learning. I have never said I was an expert. I am probably way more involved in this space than anyone else on barf but that doesn’t mean shit. The level of bickering in this thread is now intolerable for me. I’ll keep my bitcoin talk on pm and other forums. Good luck.

Before you go, I'm still waiting on this:

... Most world governments have started acquiring bitcoin and now one of the largest holders is the IMF with a stack of 170,000 bitcoins in its reserve....

Source? I'm having trouble finding one.

I'll see if I can locate the original article I read.

 

[Caddywumpus]

US government has tons of bitcoin... confiscated.

So they are a large holder of coin

/s

 

[jiffy]

Before you go, I'm still waiting on this:

While you wait for the appocolypse...

Let's actually talk about crypto/blockchain and how it is being adopted.

Walmart China Takes on Food Safety with VeChainThor Blockchain Technology

https://www.prnewswire.com/news-rel...hainthor-blockchain-technology-300874047.html

 

[Archimedes]

Before you go, I'm still waiting on this:

Don't hold your breath. The IMF isn't sitting on billions in bitcoin.

And I think some of the folks pushing BTC as a currency investment, versus pure speculation, really should study more on the topic of currency valuation and currency trading before they invest, much less tell others to do so. Unless/until crypto displaces fiat currency as the base currency of choice and reduces the purchasing power of fiat currency, there is no reason to be concerned/interested in it for anything other than either speculative or illicit transaction purposes. And the central banks of the world are not going to let any crypto displace/devalue their fiat currency. And the AML rules are always going to be a drag on crypto adoption given its initial (and still) primary use case - anonymous illicit transactions.

Bitcoin is still trading on the greater fool theory, along with repeated market manipulation.

 

[Removed 3]

You can't sell me on bitcoins by bringing up the validity of blockchain technology.


Though bitcoin runs on blockchain technology, my
brain will never accept associating something financially risky with something invented to be safe from being tampered with.


I can associate positivity to applications of blockchain technology outside of the crypto trading world.
I can see the advantages of the shipping industry adopting blockchain technology to digitize the paper trail. It will take the cost of paper, paperwork, the pushing of multiple copies of paper out of the equation. It will optimise costs. Blockchain applied to the global supply chain will be transformative.