Bitcoin failed to deliver.

Discussion in 'Crypto Assets' started by Laissez Faire, Jun 13, 2022.

  1. hilmy83

    hilmy83

    I'm already back on auto mode trading FDAX. But, very nice summary, I guess you read my history since I'm very transparent with my trading performance from the beginning; with returns still in double digits since I started the last journal.

    Can't say much about you though since you don't have a trading journal. That's ok, being fully transparent on trading performance is not for everybody. @Overnight will tell ya
     
    Last edited: Jun 15, 2024
    #241     Jun 15, 2024
    johnarb likes this.
  2. I wonder how much knowledge and work went into this assertion:
     
    Last edited: Jun 15, 2024
    #242     Jun 15, 2024
  3. jbusse

    jbusse

    You can't tell how much work is behind a quote like that. Some might devote a tremendous amount of energy to the topic before making such a statement.
     
    #243     Jun 15, 2024
    semperfrosty, Sprout and johnarb like this.
  4. ElCubano

    ElCubano

    Lucky is my friend who bought NVDA and has held it through thick and thing. without so much as ever buying another stock outside of his 401k.
     
    #244     Jun 15, 2024
    semperfrosty, johnarb and Pekelo like this.
  5. Pekelo

    Pekelo

    The funny part is that BTC went up WITHOUT becoming particularly useful or being the world currency. The most practical usage is still blackmail, and it is not even good at that.

    Of course the OP is right, cryptos generally, but Bitcoin particularly didn't live up to its ORIGINAL promise. It is not unique, not fast, not anonymous, not cheap transfer, not resilient to authority, not easy to use, not diversified (moves with the market).etc. Some cryptos are some of those, but we don't hear much about them, specially not from Bitcoin fanboys, who hate competition and technological advancement.

    The only thing is going for it is price. It is a meme stock, nothing more, nothing less. Might as well just buy GME, at least that is a real company...

    And for fuck's sake let's change the denomination to 210 billion coins at 66 bucks, so it is at least meaningful for that 2 dozen actual users. Oh but that would mess with the message of being unique....

    I could make Bitcoin even more unique. Let's change the denomination the other direction, only 21 coins ever existing, each is worths 66 billion bucks. :)
     
    Last edited: Jun 15, 2024
    #245     Jun 15, 2024
    Frederick Foresight likes this.
  6. ElCubano

    ElCubano

    This is really the only thing that matters to someone who buys anything that we want to make money on. If you bought a great company and lost money would it matter that they made great widgets?:D
     
    #246     Jun 15, 2024
    johnarb likes this.
  7. Except that the fanboys are stressing that this is The New Order. That's the main point of contention. Another point is that a puff of smoke can generally disappear more quickly than a widget factory, risk mitigating measures notwithstanding. And the final point is that it is not the only game in town, although coiners would have you believe otherwise. Coiners can't seem to get enough of telling everyone else to "have fun staying poor." Is that not just asking begging for it? At the time of this writing, johnarb has 8 such posts to his name.

    As an aside, I don't follow anyone's forecasts because, for the most part, they are worthless. And so, I don't know what accurate forecast johnarb actually made that some people here are referring to. I'm curious, so could someone please point me to it? And is it the only such price and time specific forecast that he made? Thanks.
     
    Last edited: Jun 15, 2024
    #247     Jun 15, 2024
  8. johnarb

    johnarb

    Have fun staying poor is not what you think it is

    We say the phrase to US $ millionaires and billionaires
     
    #248     Jun 15, 2024
  9. johnarb

    johnarb

    You keep posting my name so I guess I'm back from fucking off :D

    You posted this during the bear market and if you look at the title, it's conclusive, and reading the OP

    you were not looking for discussion,

    you were looking for support on your decision not to buy bitcoin after it has crashed, you already decided not to buy bitcoin

    and the price was still going down, that's how it is during bitcoin bear markets,

    that is the main reason that you decided not to buy bitcoin as you had planned, you were scared, a normal emotion, btw, even hardcore Bitcoiners like me have that feeling of panic, ,

    I posted videos of American Hodl and Junseth that try to normalize the cycle period of having our net worth crash in value

    Anyway, you are either very very stupid, like clinically certifiable retard, or you are very very lazy, your first post on the forum was in Feb 2020 and you did not study Bitcoin to understand that it is the best money in the history of mankind

    Did you read the Bitcoin Standard? if you haven't, why not?

    and 2 years ago, you're pretending to have a discussion on Bitcoin, no you're a fucking liar, a pretender, MrMuppet replied to you with very lengthy posts, what happened??

    You are fucking too stupid to understand? Or you are too fucking lazy?

    You wanted everything spoon-fed to you, asshole, and you wasted all the information provided to you

    And now you are dangling a carrot that maybe you'll buy bitcoin, FUCK YOU ASSHOLE, DO NOT BUY BITCOIN, YOU ARE TOO LATE

    EVERYONE ON WALL STREET ALREADY BUYING BITCOIN, YOU HAD 4 YEARS HEAD START, YOU FUCKING SQUANDERED THE OPPORTUNITY TO FRONT RUN WALL STREET

    Have a nice day! :D


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    #249     Jun 15, 2024
    hilmy83 and Sprout like this.
  10. Sprout

    Sprout

    dang @johnarb bringing receipts!
    Bitcoin Standard is a good read. He blocked me on twitter though when challenged on some of his other views.
     
    #250     Jun 15, 2024
    jbusse and johnarb like this.