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re: Official CryptoTalk Thread

Posted on 2/19/21 at 1:12 pm to
Posted by keakdasneak
Member since Dec 2006
7193 posts
Posted on 2/19/21 at 1:12 pm to
I'll just highlight a few basic ideas that are salient to me in general and in conjunction with crytpo:

-We are moving into a world in which nation states will no longer be the dominant organizational structures of civilization. This seems highly apparent to me but is unthinkable to someone like my dad.

- Our foundational problems can be solved, at best, on a three generation time line. If I were a Boomer, I'd be investing in Bitcoin to, at the very least, attempt to tip the scales however slightly for my grandchildren.
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13426 posts
Posted on 2/19/21 at 1:39 pm to
quote:

We are moving into a world in which nation states will no longer be the dominant organizational structures of civilization. This seems highly apparent to me but is unthinkable to someone like my dad.

I pray you are right about this but the governments around the world are not trending in this direction. We appear to be on a collision course
Posted by keakdasneak
Member since Dec 2006
7193 posts
Posted on 2/19/21 at 1:42 pm to
quote:

I pray you are right about this but the governments around the world are not trending in this direction. We appear to be on a collision course



It'll get way worse before it gets better (if it does).
Posted by lsu777
Lake Charles
Member since Jan 2004
36995 posts
Posted on 2/19/21 at 1:44 pm to
quote:

This kind of talk is not helpful because a lot of people got absolutely smoked and left.

Hindsight is always 20/20.

It is best we stop comparing the previous years. Much is different today.



its not hindsight. its pretty simply, bitcoin is only vilotile in the short term. If you hold it over any 5 year period you choose, you are in the black. hell you could say 4 year period.

Its not hindsight its a fact and we need to keep that in mind everytime we talk about it.

The people that got smoked di so because they were impatient.

and yes things are much much different today as far as market dynamics but in the end we have to look at btc as a minimum 4-5 year investment. If you do that, you will be in the black.
Posted by lsu777
Lake Charles
Member since Jan 2004
36995 posts
Posted on 2/19/21 at 1:46 pm to
btw for those looking for short term plays, graph analysis were posted abotu 20 min ago on both servers.
Posted by 21JumpStreet
Member since Jul 2012
14872 posts
Posted on 2/19/21 at 1:50 pm to
Binance down?
Posted by lsu777
Lake Charles
Member since Jan 2004
36995 posts
Posted on 2/19/21 at 1:52 pm to
was earlier
Posted by DVinBR
Member since Jan 2013
15383 posts
Posted on 2/19/21 at 1:56 pm to

quote:

Binance down?



This post was edited on 2/19/21 at 1:57 pm
Posted by lsu777
Lake Charles
Member since Jan 2004
36995 posts
Posted on 2/19/21 at 1:59 pm to
quote:

DVinBR


look man, either discuss crypto and why you do not like it or get out of the thread. Its rediculous.
Posted by DVinBR
Member since Jan 2013
15383 posts
Posted on 2/19/21 at 2:01 pm to
quote:

look man, either discuss crypto and why you do not like it or get out of the thread. Its rediculous.



when moon?
Posted by 21JumpStreet
Member since Jul 2012
14872 posts
Posted on 2/19/21 at 2:05 pm to
Jp Morgan down?
Posted by DVinBR
Member since Jan 2013
15383 posts
Posted on 2/19/21 at 2:13 pm to


apparently you aren't aware of this video

Funds are Safu
Posted by 21JumpStreet
Member since Jul 2012
14872 posts
Posted on 2/19/21 at 3:14 pm to
Gold mooning?
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82097 posts
Posted on 2/19/21 at 3:19 pm to
$56k
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/19/21 at 3:19 pm to
yea it's up 0.55% today
This post was edited on 2/19/21 at 3:20 pm
Posted by 21JumpStreet
Member since Jul 2012
14872 posts
Posted on 2/19/21 at 3:20 pm to
Sheesh, dv about to retire and never come back.
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 2/19/21 at 3:25 pm to
quote:

$56k


Moon getting closer every day
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 2/19/21 at 3:44 pm to
a lot of begging on elons Twitter for Dogecoin.. nobody saw that coming
Posted by DVinBR
Member since Jan 2013
15383 posts
Posted on 2/19/21 at 4:14 pm to
well, people have been all over bitcoin on his twitter for years now
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82097 posts
Posted on 2/19/21 at 7:25 pm to
We are breaking the models to the upside
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