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This person might have a point about crypto
Posted on 2/14/22 at 9:13 pm
Posted on 2/14/22 at 9:13 pm
35
Posted on 2/14/22 at 9:14 pm to stout
The usd is already nothing.
Posted on 2/14/22 at 9:14 pm to stout
Im still in the camp of Dan Pena who claims Putin created it to frick everyone up
Posted on 2/14/22 at 9:15 pm to stout
Not a bad angle.
Posted on 2/14/22 at 9:15 pm to stout
Yeah I don’t buy it. The govt will get their hands on it if they already don’t. Or some genius scammer.
Posted on 2/14/22 at 9:17 pm to stout
I personally don’t have crypto but with so many hacks happening on there, how can people argue it’s secure?
Posted on 2/14/22 at 9:17 pm to stout
Unless my crypto continues to buy more than USD and I can maintain anonymity.
Posted on 2/14/22 at 9:18 pm to stout
That guy nailed it. It’s Wall Street’s next flavor of the month because fees on passive funds have been reduced to 0%. It’s a rich persons toy essentially that oscillates in price a frick ton.
Posted on 2/14/22 at 9:20 pm to stout
I’m invested in lead and steel…very tangible commodities.
Posted on 2/14/22 at 9:22 pm to stout
The Poliboard has long acknowledged that the ultimate commodity is lead. Behind that is the usual and sundry items required for an independent, bodily survival in a total and prolonged infrastructure collapse scenario.
That said, good and virtuous neighbors are a must, even if the lead is there. Can't stay awake 24-7.
That said, good and virtuous neighbors are a must, even if the lead is there. Can't stay awake 24-7.
Posted on 2/14/22 at 9:23 pm to stout
So buy gold? Something that humans have done since the beginning of time.
Bit is where it’s at. Bit is lit.
Bit is where it’s at. Bit is lit.
Posted on 2/14/22 at 9:24 pm to stout
sorry....when i see that muted red background...it reminds me of the other Q psyop that duped grown men into thinking that hillary and huma went all ape and ate the face off a 9 year old.
im just going to sit here and act tough until i figure it all out.
im just going to sit here and act tough until i figure it all out.
Posted on 2/14/22 at 9:28 pm to dstone12
I’ve made 300k in the last 4 years on my crypto investments. The kicker is, I also have land, stored food and guns. So who’s winning now?
Posted on 2/14/22 at 9:29 pm to idlewatcher
My thing is this. I'm not going crypto. I don't spend money buying crypto.
I mine crypto. When I get a payout, I convert it and it goes into stocks or cash.
As a side note... I will say that I do wait at times and hold some. example was not long ago. BTC dropped from the 65K area to 45K and then to 30K range. Everything I mined was held until it got back into the 43K range.
I mine crypto. When I get a payout, I convert it and it goes into stocks or cash.
As a side note... I will say that I do wait at times and hold some. example was not long ago. BTC dropped from the 65K area to 45K and then to 30K range. Everything I mined was held until it got back into the 43K range.
Posted on 2/14/22 at 9:30 pm to momentoftruth87
The feds just added billions dollars worth of crypto to its balance sheet. They already have some. What are you suggesting they're going to do with it? All they can do is hold it or sell it. The more they buy the higher the value will go because unlike fiat, you can't print more bitcoin. There's only a limited supply
Posted on 2/14/22 at 9:32 pm to idlewatcher
quote:
I personally don’t have crypto but with so many hacks happening on there, how can people argue it’s secure?
Crypto is stolen off exchanges. You're not supposed to keep the crypto you buy on exchanges. You're supposed to transfer it into a hard wallet that cannot be hacked.
Posted on 2/14/22 at 9:37 pm to stout
What about when a crypto skyrockets because of demand and people cash out into USD. Many likely buy farmland with their earnings.
Posted on 2/14/22 at 9:38 pm to wutangfinancial
quote:
That guy nailed it. It’s Wall Street’s next flavor of the month because fees on passive funds have been reduced to 0%. It’s a rich persons toy essentially that oscillates in price a frick ton.
Nothing screams Jumping the Shark in modern America like an “industry” bombardment of Super Bowl ads.
Posted on 2/14/22 at 9:40 pm to stout
This thread is a boomer convention.
Posted on 2/14/22 at 9:42 pm to hawgfaninc
People do all kinds of things. Some sell, some swing trade, some just keep accumulating. In fact the vast majority of BTC is not on the market to be sold. Most of the purchased BTC is taken off the exchanges and held by investors.
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