- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Bitcoin & MSTR down big on reports that SCR will store existing Bitcoin, not purchase more
Posted on 3/6/25 at 7:40 pm
Posted on 3/6/25 at 7:40 pm
As to not cost the tax payers a dime (by purchasing more).
Had ticker up and MSTR dropped almost 10 percent in a flash & Bitcoin dropped over 5 percent on the news.
Ruh Roh Bitcoin Bros
Had ticker up and MSTR dropped almost 10 percent in a flash & Bitcoin dropped over 5 percent on the news.
Ruh Roh Bitcoin Bros
This post was edited on 3/6/25 at 8:53 pm
4
Posted on 3/6/25 at 7:53 pm to Philly Fanatic
the federal government is now HODLing bitcoin and you think this is a gotcha moment? That Overton window is shifting really quickly. Posted on 3/6/25 at 7:59 pm to beaverfever
quote:
the federal government is now HODLing bitcoin and you think this is a gotcha moment? That Overton window is shifting really quickly.
The Bitcoin & MSTR run after the election was because people thought that the SBR would mean that the government would be purchasing more Bitcoin, a lot more Bitcoin.
MSTR & Bitcoin both dropped immediately on the report.
You actually thought that the run that Bitcoin had after the election was because the government was simply going to hold onto the bitcoin that they already had ?
This post was edited on 3/6/25 at 8:59 pm
Posted on 3/6/25 at 8:06 pm to Philly Fanatic
I thought it went on a run because I’ve seen a chart of USD/BTC.
Posted on 3/6/25 at 8:13 pm to beaverfever
I speculate that drop was to seek stop losses on over leveraged longs and shake them out, and now it continues to pump.
ETA:
ETA:
Loading Twitter/X Embed...
If tweet fails to load, click here.This post was edited on 3/6/25 at 8:25 pm
Posted on 3/6/25 at 8:37 pm to jefforize
just buy
Posted on 3/6/25 at 8:50 pm to oneg8rh8r
quote:
just buy
So buy because the SCR is going to purchase billions of crypto and drive up the price.
And also buy when news breaks that the government won't be purchasing any more crypto.
So, just buy ?
Posted on 3/6/25 at 9:12 pm to Philly Fanatic
Yes, over a long term BTC will outpace traditional investments.
Posted on 3/6/25 at 9:18 pm to TigerTatorTots
quote:
Yes, over a long term BTC will outpace traditional investments.
It will ?
And you know this how ?
Posted on 3/6/25 at 9:18 pm to Philly Fanatic
I actually agree. You probably shouldn’t buy.
Posted on 3/6/25 at 9:22 pm to Philly Fanatic
Because of math
And a solid 16 year track record thus far
And a solid 16 year track record thus far
Posted on 3/6/25 at 9:28 pm to TigerTatorTots
quote:
Because of math
And a solid 16 year track record thus far
16 whole years ?
Nothing screams "sure thing" like an asset that has a habit of crashing 70 percent or so every few years.
Posted on 3/6/25 at 9:32 pm to Philly Fanatic
quote:Imagine using this as a talking point when the returns still smash nearly anything else on the planet
Nothing screams "sure thing" like an asset that has a habit of crashing 70 percent or so every few years.
Posted on 3/6/25 at 9:54 pm to TigerTatorTots
I’m more and more convinced this site is full of people posting retarded opinions just to get responses and traffic.
Posted on 3/6/25 at 10:30 pm to beaverfever
Ishtcoin it already had.
Posted on 3/7/25 at 7:25 am to Philly Fanatic
quote:
Ruh Roh Bitcoin Bros
people have been saying that for 15 years. I look forward to the day yeras from now when BTC drops from like $500K to $450K and people will go "this is it! It's the big one! Btc losers are surely done for THIS time!"
Of course this is exactly the kind of post I'd expect from someone who is shitposting on the Money board that only registered two weeks ago..
Posted on 3/7/25 at 8:09 am to WG_Dawg
Someone should do a “faces of bitcoin” a la the “faces of atheism” from back in the 2010s
I think if people could see the average bitcoin “investor” it would kill the movement just like seeing the average atheist brought on a revival of Christian nationalism and President Trump
Young men would go from living in their moms house smoking weed hoping to get rich quick to carrying a lunch pail to the factory every day and starting a family
I think if people could see the average bitcoin “investor” it would kill the movement just like seeing the average atheist brought on a revival of Christian nationalism and President Trump
Young men would go from living in their moms house smoking weed hoping to get rich quick to carrying a lunch pail to the factory every day and starting a family
This post was edited on 3/7/25 at 8:10 am
Posted on 3/7/25 at 8:44 am to TigerTatorTots
Because of math
And a solid 16 year track record thus far
And a solid 16 year track record thus far
quote:
"Past performance does not guarantee future results"
Posted on 3/7/25 at 9:03 am to Enadious
The saddest thing that y’all don’t understand is that this is all unnecessary and not the way things used to be
Back in the day men like us worked our shift at the plant with our best friends and then went to the bowling alley after work and got drunk and the only strife in our lives was whether or not you could beat the rival plant at the bowling league that night. Then you’d hop in your studebaker and go home to a meal cooked by your not fat wife. When you got too old to work you’d draw your pension and live out your days fishing until you died at 57 from mesothelioma like a real man. You never had to worry about the machinations of the lizard people or risk your hard earned money with their schemes
Nowadays the ruling class has us all pitted against each other in zero sum Ponzi schemes like Bitcoin and the stock market. Imagine having to gamble money you worked for and paying taxes on at the casino just to have a chance at not starving to death in your old age. And if you win you have to pay taxes again
There has to be a better way
Back in the day men like us worked our shift at the plant with our best friends and then went to the bowling alley after work and got drunk and the only strife in our lives was whether or not you could beat the rival plant at the bowling league that night. Then you’d hop in your studebaker and go home to a meal cooked by your not fat wife. When you got too old to work you’d draw your pension and live out your days fishing until you died at 57 from mesothelioma like a real man. You never had to worry about the machinations of the lizard people or risk your hard earned money with their schemes
Nowadays the ruling class has us all pitted against each other in zero sum Ponzi schemes like Bitcoin and the stock market. Imagine having to gamble money you worked for and paying taxes on at the casino just to have a chance at not starving to death in your old age. And if you win you have to pay taxes again
There has to be a better way
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News