...what are the implications of this shift?
Is this good, bad or ugly?
Bitcoin...the new Mecca? A long term sustainable trend?
Or the road to ruin? ...with bitcoin being a flash in the pan?
what's yer take Folks?
Quote from: JOE on March 12, 2024, 02:51:12 AM...what are the implications of this shift?
Is this good, bad or ugly?
Bitcoin...the new Mecca? A long term sustainable trend?
Or the road to ruin? ...with bitcoin being a flash in the pan?
what's yer take Folks?
Do you understand blockchain, Senile
JOEJ?
Why is it so inefficient?
Bitcoin Price Climbs Beyond $71,000 Setting New All-Time High -
https://www.forbes.com/sites/digital-assets/2024/03/11/bitcoin-climbs-beyond-71000-setting-new-all-time-high/
Whenever I hear "All-Time High" the first thing I think is "Time To Sell".
I'll buy some bitcoin next time it shits the bed down to $20K......or $10K.
Quote from: Lokmar on March 12, 2024, 09:35:02 PMI'll buy some bitcoin next time it shits the bed down to $20K......or $10K.
I never trust anything that isn't real.
$20,000 can buy you nearly 10 ounces of Gold or 1000 ounces of silver.
I know which one I'd rather have..... if the SHTF Lokmeer!
Quote from: Oliver the Second on March 12, 2024, 09:28:39 PMBitcoin Price Climbs Beyond $71,000 Setting New All-Time High -
https://www.forbes.com/sites/digital-assets/2024/03/11/bitcoin-climbs-beyond-71000-setting-new-all-time-high/
Whenever I hear "All-Time High" the first thing I think is "Time To Sell".
The bitcoin speculators are reminiscent of the stock market speculators of 1929 right before the crash.
Frenzied manic undisciplined buying are signs that something is gonna pop.
Quote from: Lokmar on March 12, 2024, 09:35:02 PMI'll buy some bitcoin next time it shits the bed down to $20K......or $10K.
Just saw this video Lokmeer.
...according to this guy, that scenario you hope for/envision, could very well unfold.
It's an interesting analysis, ya might wanna tune in if yer planning to jump into Crypto as some point.
Quote from: JOE on March 14, 2024, 09:21:28 PMJust saw this video Lokmeer.
...according to this guy, that scenario you hope for/envision, could very well unfold.
It's an interesting analysis, ya might wanna tune in if yer planning to jump into Crypto as some point.
I own very little gold bullion. Nearly everything I have is in silver. If silver reaches a 50:1 ratio with gold, I'll sell 100% of my silver and buy gold.
Bitcoin will tank as it has several times before. When its in the toilet, I'll buy some, then sell it when it triples.
Sam Bankman-Fried sentenced to 25 years in prison for orchestrating FTX fraud
(https://i.imgur.com/SdqVOsml.png)
Sam Bankman-Fried was sentenced Thursday to 25 years in prison for his role in defrauding users of the collapsed cryptocurrency exchange FTX.
In a Lower Manhattan federal courtroom, U.S. District Judge Lewis Kaplan called the defense's argument misleading, logically flawed, and speculative.
He said Bankman-Fried had committed obstruction of justice and witness tampering while mounting his defense — something Kaplan said he weighed in his sentencing decision.
Bankman-Fried, wearing a beige jailhouse jumpsuit, made a statement striking an apologetic tone, saying he had made a series of "selfish" decisions while leading FTX and "threw it all away."
"It haunts me every day," he said.
https://www.msn.com/en-us/news/other/sam-bankman-fried-sentenced-to-25-years-in-prison-for-orchestrating-ftx-fraud/ar-BB1kHBgh