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Started By
Message
re: Bitcoin is dropping like a rock. Down to 99,200
Posted on 11/8/25 at 10:16 pm to lsuconnman
Posted on 11/8/25 at 10:16 pm to lsuconnman
quote:
Who’s taking the L if someone compromises my Schwab or Visa credentials?
Probably the same person running around cutting of toes for passwords.
0
Posted on 11/9/25 at 7:45 am to SlidellCajun
quote:
So what was the impetus for the price run up and what’s changed?
Bitcoin is a speculative asset and a balance sheet play for the big funds.
If they derisk their BS or need the liquidity, they dump it and vice versa.
They buy/sell in quantities that move the market/$.
Posted on 11/9/25 at 9:01 am to Longhorn Actual
quote:
Bitcoin is a speculative asset and a balance sheet play for the big funds. If they derisk their BS or need the liquidity, they dump it and vice versa.
Yeah
I think ultimately it’s just a high risk trading vehicle.
For me, it’s just a fomo trade for lack of a better term. It has no daily use for me as a currency but I see it go up and while I know better, I just want a ride.
Posted on 11/9/25 at 11:42 am to lsuconnman
quote:
Who’s taking the L if someone compromises my Schwab or Visa credentials?
What's your point here - that Bitcoin caries some unusual risk associated with storing it on a cold wallet? But how different is that from keeping gold bars in a safe (as just one example)?
Posted on 11/9/25 at 7:09 pm to lsuconnman
More than anything else, I’m just convinced there’s a massive pool of capital that will flow into bitcoin over the next 10 years.
Posted on 11/10/25 at 8:47 pm to lsuconnman
Agree it shouldn’t get confrontational, but when you make arguments like “cutting toes off” and forget to realize that can be applied for any location your money is in, people are going to push back.
Posted on 11/11/25 at 9:45 am to ReauxlTide222
Not so fast.
I believe the tokenization of gold will drop the curtain on bitcoin
I believe the tokenization of gold will drop the curtain on bitcoin
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