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Started By
Message
Bitcoin...LOL
Posted on 1/21/22 at 7:34 am
Posted on 1/21/22 at 7:34 am
Bitcoin down 12%. I knew it was time to get out at 60k. Waaaay overvalued.
23
Posted on 1/21/22 at 7:36 am to Bigdavewave
Remember when it was a hedge against inflation? Worst inflation in decades and its falling out of the sky. Bitcoin Maxis going into hiding. Someone check on Anthony Pompliano.
Posted on 1/21/22 at 7:39 am to Bigdavewave
It is gonna crash. Those following fir years know the trend. But don't kid yourself. Next run (may be years) will hit 100k.
Posted on 1/21/22 at 7:43 am to Bigdavewave
BTC is up 24% over 1yr
The stock market is up 11% before inflation over 1 yr...
Edited: because retarded.
The stock market is up 11% before inflation over 1 yr...
Edited: because retarded.
This post was edited on 1/21/22 at 7:51 am
Posted on 1/21/22 at 7:45 am to JayDeerTay84
quote:
YTD BTC is up 24%. YTD the stock market is up 11% before inflation...
YTD doesn’t mean what you think it means.
Posted on 1/21/22 at 7:47 am to slackster
Yea I meant to type 1yr.
Posted on 1/21/22 at 8:09 am to Bigdavewave
This will not age well
Posted on 1/21/22 at 8:24 am to AUCE05
I still don't think BTC is a long term asset worth holding. Sure you can hope to time it right, get a run up and then sell, but no one should be using this as their retirement or anything.
We're still yet to see that BTC can be a viable day to day currency with the swings it has right now. Also, at some point it will get more regulation and that will take a big hit. The artificial scarcity will also make it less appealing. Essentially at some point it will be just to have, not to spend, which makes it pointless.
We're still yet to see that BTC can be a viable day to day currency with the swings it has right now. Also, at some point it will get more regulation and that will take a big hit. The artificial scarcity will also make it less appealing. Essentially at some point it will be just to have, not to spend, which makes it pointless.
Posted on 1/21/22 at 8:42 am to Bigdavewave
When will people learn. Get ready for this thread to be bumped in a few months
Posted on 1/21/22 at 8:50 am to zzgobucky
quote:
When will people learn. Get ready for this thread to be bumped in a few months
Learn about what? At best this asset class has never seen a bear market. How will it perform in those conditions?
Posted on 1/21/22 at 8:51 am to Bigdavewave
Such a great inflation hedge.
Posted on 1/21/22 at 9:00 am to GhostofJackson
quote:
Learn about what? At best this asset class has never seen a bear market. How will it perform in those conditions?
Bro, BTC has been around for 13 years and made it all this way with no FED or outside monetary policy.
Posted on 1/21/22 at 9:03 am to Bigdavewave
Crypto is such a scam, I can't believe people made money in it, but I guess it is like collecting beanie babies
Posted on 1/21/22 at 9:20 am to JayDeerTay84
Bro.... feds are now getting involved
Posted on 1/21/22 at 9:23 am to JayDeerTay84
Bitcoin has proven to be a very very high beta, long duration asset, and that’s about it so far.
It lost about 80% of its value the last time we saw long term rates increase.
It lost about 80% of its value the last time we saw long term rates increase.
Posted on 1/21/22 at 9:35 am to AUCE05
quote:
Next run (may be years) will hit 100k.
yeah it almsot seems impossible that it WON'T hit 100k at some point in time.
Posted on 1/21/22 at 9:38 am to slackster
quote:YesTerDay
YTD doesn’t mean what you think it means.
Posted on 1/21/22 at 9:51 am to GhostofJackson
quote:Wait wut
At best this asset class has never seen a bear market.
Posted on 1/21/22 at 9:51 am to Bigdavewave
Posted on 1/21/22 at 9:59 am to Bigdavewave
Bitcoin or SP500, who has a better 2022?
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