- 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
re: Bitcoin has underperformed S&P500 over the last 5 years now - is it dead dead?
Posted on 6/11/26 at 10:15 am to slackster
Posted on 6/11/26 at 10:15 am to slackster
Crypto HAS NO UTILITY
I never understood why I would want to buy a car with an asset using a “currency” that can then turn around and be worth- Infinite X times more than when I used it to buy the car.
I never understood why I would want to buy a car with an asset using a “currency” that can then turn around and be worth- Infinite X times more than when I used it to buy the car.
2
Posted on 6/11/26 at 11:15 am to Covingtontiger77
You missed the phase when BTC’s was intent frictionless cross border payments without transaction fees.
Posted on 6/11/26 at 11:28 am to lsuconnman
Exactly.
So now that its intent is gone.
I’m yet to have anyone tell me what you actually do with it.
Seems like it’s morphed into the world’s BIGGEST Ponzi scheme.
Buy it.
Hope it goes up a bunch
Then sell it for Dollars because someone behind you will buy yours.
So now that its intent is gone.
I’m yet to have anyone tell me what you actually do with it.
Seems like it’s morphed into the world’s BIGGEST Ponzi scheme.
Buy it.
Hope it goes up a bunch
Then sell it for Dollars because someone behind you will buy yours.
Posted on 6/11/26 at 11:47 am to slackster
quote:Maybe...but I'll tell you what's NOT dead...paying 4X spot price for the right to own bitcoin (MSTR).
Bitcoin has underperformed S&P500 over the last 5 years now - is it dead dead?
Oh, wait. Nevermind. That's dead too.
Posted on 6/11/26 at 6:22 pm to Covingtontiger77
quote:The only thing we know is that this isn’t the case. Bitcoin is inanimate. It has no agenda. It just exists.
Seems like it’s morphed
Posted on 6/12/26 at 7:59 am to slackster
Im convinced you are trying to do reverse jinx
Posted on 6/12/26 at 8:14 am to beaverfever
quote:show me one
Bitcoin is inanimate. It has no agenda. It just exists.
Posted on 6/12/26 at 7:56 pm to UptownJoeBrown
If you aren't invested in it, why?
Posted on 6/12/26 at 8:36 pm to UptownJoeBrown
quote:Super weird take. Bitcoin doesn’t need to do anything but keep existing. And it 100% will keep existing.
Bitcoin needs to die.
Posted on 6/12/26 at 8:40 pm to TigerTatorTots
quote:I’ve noticed it makes people uncomfortable. And honestly that’s fair. It makes me uncomfortable and I am a proponent of it.
If you aren't invested in it, why?
Posted on 6/12/26 at 10:01 pm to slackster
The move to 125,000 after the FTX Ponzi scheme blew up never made any sense.
Tom Lee thinks it’s going to 250,000 tho.
Tom Lee thinks it’s going to 250,000 tho.
Posted on 6/12/26 at 11:18 pm to JoeyP239
“$250k if you believe in tokenization.” Even if you believe in tokenization, can’t you use the blockchain without buying a bitcoin?
Posted on 6/12/26 at 11:25 pm to lsuconnman
Absolutely. Tokenization and bitcoin have nothing to do with each other imo. I’d actually argue that they’re antithetical to one another. A token is a claim. Bitcoin is final settlement.
Posted on 6/13/26 at 8:36 am to PeteRose
quote:
Sure you can’t make it out of thin air like the dollar but at the same time, its value is measured in dollars which is head scratching sometimes.
Sounds like gold
Posted on 6/13/26 at 9:51 am to beaverfever
quote:
Super weird take. Bitcoin doesn’t need to do anything but keep existing. And it 100% will keep existing.
Agreed but, even as an investor, I have to believe it is fueled by it's black market utility
Posted on 6/13/26 at 10:26 am to TigerTatorTots
quote:
If you aren't invested in it, why?
Because people want it to stay that way. There should be a pause for concern when LASERS takes a $4 mil stake in MSTR. That was the decision of someone more afraid of being called a dinosaur than losing money.
The current interest in crypto is inorganic and simply financial engineering. Everyone knows Tom Lee is FOS, and “commercial tokenization” is just code for financial adoption by pension funds that ties up large blocks of crypto for decades…because public sentiment quickly shifts when you put it that way.
Posted on 6/13/26 at 10:50 am to lsuconnman
quote:
Everyone knows Tom Lee is FOS
Agree. The perma bull pumpers like Tom Lee, Dan Ives, Cathy Wood don’t serve any purpose.
Posted on 6/13/26 at 1:57 pm to slackster
Bitcoin just keeps going through its cycle. People are probably going to make bank on this current AI run and start rotating money to bitcoin when it bottoms in 2027. The next halving is in 2028. It will cycle up all again. All these companies didn’t make these ETFs for it to die and make no money on it. You just need to know how to play it.
Posted on 6/13/26 at 2:16 pm to jmarto1
quote:I think this is a disconnect between people who are interested in bitcoin and people who are turned off by it.
Agreed but, even as an investor, I have to believe it is fueled by it's black market utility
Being the best black market money is viewed positively by bitcoiners because they largely believe that there will be upcoming periods where counterparty trust is minimal. And in that type of environment, they think bitcoin has established itself as the end game monetary system.
The one thread that seems to tie most bitcoiners together is how they similarly view game theory and what inevitably defines money.
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News