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Anonymous
Meanwhile, you probably don’t even understand what blockchain is. You don’t understand any of it so you just call people names. It’s pretty hilarious. |
Anonymous
buy T-bills! |
Anonymous
One of my favorite small ways for 5 minutes of entertainment every few months is watching videos like these, where crypto people try and walk through the actual, real world ways crypto would work better than existing systems. They always go like this, and its always funny. https://twitter.com/liron/status/1533214640460574720 |
Anonymous
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I use my play money on crypto. I'm 100% fine with losing ALL of it. |
Anonymous
This is my attitude. No, my students aren’t talking about it yet. Once we get celebs and TikTok involved that’s when the hype climbs dramatically. We are not there yet. I started mining crypto 8 years ago. I have no investments except time, electricity and PC parts. I’ve only made $10k but basically risk free. Not really planning to invest any new money. Just trading what I have for fun. Made a few grand on Shiba Inu a few years ago. Pure hype. All crap. |
Anonymous
I don’t understand it, but I can observe reality. Bitcoin is here to stay. Institutional investors have moved in. It is now in ETF form. Its has a trillion dollar market cap and continues to grow. Why fight it? It’s basically an asset like gold now. Might as well add a couple thousand to your portfolio. Or don’t. But you will most likely be a risk averse person who is likely 100% G fund TSP. |
Anonymous
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One of my favorite small ways for 5 minutes of entertainment every few months is watching videos like these, where crypto people try and walk through the actual, real world ways crypto would work better than existing systems. They always go like this, and its always funny. https://twitter.com/liron/status/1533214640460574720 I don’t understand it, but I can observe reality. Bitcoin is here to stay. Institutional investors have moved in. It is now in ETF form. Its has a trillion dollar market cap and continues to grow. Why fight it? It’s basically an asset like gold now. Might as well add a couple thousand to your portfolio. Or don’t. But you will most likely be a risk averse person who is likely 100% G fund TSP. Today Morgan Stanley announced they are adding Bitcoin ETFs to customer options. And a review of the fund flow shows a lot of the money going into the Bitcoin ETFs are coming out of gold ETFs. So the above poster has it exactly right. This isn't 2017 or 2021 with crypto bros on YouTube and Twitter running the price up. It's BlackRock and Fidelity and Morgan Stanley. I wouldn't be shocked if the price hits $100K this year. I have about 5% of my portfolio in Bitcoin and feel very good about it. |
Anonymous
One of my favorite small ways for 5 minutes of entertainment every few months is watching videos like these, where crypto people try and walk through the actual, real world ways crypto would work better than existing systems. They always go like this, and its always funny. https://twitter.com/liron/status/1533214640460574720 I don’t understand it, but I can observe reality. Bitcoin is here to stay. Institutional investors have moved in. It is now in ETF form. Its has a trillion dollar market cap and continues to grow. Why fight it? It’s basically an asset like gold now. Might as well add a couple thousand to your portfolio. Or don’t. But you will most likely be a risk averse person who is likely 100% G fund TSP. Today Morgan Stanley announced they are adding Bitcoin ETFs to customer options. And a review of the fund flow shows a lot of the money going into the Bitcoin ETFs are coming out of gold ETFs. So the above poster has it exactly right. This isn't 2017 or 2021 with crypto bros on YouTube and Twitter running the price up. It's BlackRock and Fidelity and Morgan Stanley. I wouldn't be shocked if the price hits $100K this year. I have about 5% of my portfolio in Bitcoin and feel very good about it. Sure if you have a small part of your portfolio in it, whatever, its fun, I get it. Same as people who have a few million and devote $200k to investing in individual stocks, they like reading up, figuring out what they think are good bets. It's a small part of your portfolio and no major harm if you lose say 80% of the value, other than to your pride probably. What scares me is seeing the people who have only $100k in life savings and go all-in to "go to the moon!". The line between those is very easy to cross for a shocking number of people. (Someone who is fully in a target retirement fund because all this stuff would make me way too anxious, but I recognize the long run value of being mostly in the broad market) |
Anonymous
It’s fun to throw small amounts of money at it. I did an x30 last summer when I threw $400 on a shitcoin. Paid for most of our European vacation. You can have a surprising amount of success calling tops by just paying attention to peoples emotions, when everyone else gets euphoric and think they’re going to be rich is time to sell. I’m not saying I would use this sentiment based strategy with any serious amount of money, but as a hobby trader it’s worked well. |
Anonymous
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This seems to me a purposely-created bubbly bubble https://www.wsj.com/finance/currencies/bitcoin-etfs-ether-investing-cryptocurrency-8d2f4d55
Interesting timing as the GOP and Donald Trump just happen to be broke, and this would be a stealthy way to help them raise cash. And a nice way for our foreign enemies to evade sanctions. https://www.csis.org/analysis/cryptocurrencies-and-us-sanctions-evasion-implications-russia Go along for the ride to pad your own bank account, but beware, things get ugly when bubbles pop. |
Anonymous
| Trumpcoin would be the ultimate *hitcoin. |
Anonymous
Don't worry there is a stock version, being bid up by his acolytes so they can be left holding a bag of s--t after he dumps his holdings. https://www.bloomberg.com/news/articles/2024-02-28/trump-eyes-4-billion-stock-windfall-as-his-legal-bills-pile-up What you wouldn't want a share in a company lie this? "Trump Media & Technology Group, generated a total of $3.38 million in revenue for the first nine months of 2023. It reports a $49 million net loss during the same period, including around $26 million in Q3. The company's cash-on-hand dwindled to just $1.8 million at the end of September, compared to $2.4 million at the end of June, while its total liabilities climbed nearly 72% to $60.5 million." |
Anonymous
We're you in a coma for the last 3 years?! Larry David and Matt Damon shilled crypto to boomers and Gen X at the Super Bowl last year. Twitter, YouTube, and Tiktok are overrun with crypto scammers. |
Anonymous
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Only $72B lost to cryptocurrency scams so far.
https://www.web3isgoinggreat.com/ |
Anonymous
Not untraceable payments. Easily traceable payments to people in countries like Russia where the government is highly in favor of stealing money from Americans. |