BITCOIN Discussion..........

[Ace7550]

You could say it already doubled over the last few months. Maybe the run already happened. Again, this halving is no secret to anyone.

It wasn't a secret last time either. And look what happened.
Roland, you are expecting people to be smart and rational. People (generally speaking) aren't smart or rational. They are fucking morons. Many of my friends included.

 

[raiders72001]

It wasn't a secret last time either. And look what happened.
Roland, you are expecting people to be smart and rational. People (generally speaking) aren't smart or rational. They are fucking morons. Many of my friends included.

I won't discuss crypto with anyone outside the forums. Too frustrating and they think they know it all.

 

[raiders72001]

Yes & no.

KuCoin and Gate. If you are making your first deposit in USD or Euros, etc, it's going to take a few days to get verified. After getting verified you'll have to trade your USD/Euro for USDT. They you will trade USDT for TAO.

 

[Ace7550]

I won't discuss crypto with anyone outside the forums. Too frustrating and they think they know it all.

It's brutal. So many of my friends asking if they should invest when it was at 50/60k.
And then they wont buy when I told them low 20's was probably a pretty good time.
I've stopped trying..

 

[rolandcorts]

KuCoin and Gate. If you are making your first deposit in USD or Euros, etc, it's going to take a few days to get verified. After getting verified you'll have to trade your USD/Euro for USDT. They you will trade USDT for TAO.

Thank you mr. raiders

And may April bring us all riches

 

[homie1975]

up the past few days and then a complete u turn south.

this is why on every spike up i sell to pocket my profits and then i rebuy with the same core amount i started with. rinse and repeat.

it moves so fast on spikes and nose dives, that i do not want to play that guessing game so i lock in my profits.

 

[rolandcorts]

up the past few days and then a complete u turn south.

this is why on every spike up i sell to pocket my profits and then i rebuy with the same core amount i started with. rinse and repeat.

it moves so fast on spikes and nose dives, that i do not want to play that guessing game so i lock in my profits.

Congrats on your martingale trading strategy. Take frequent tiny gains upward, take huge infrequent losses downwards.

 

[homie1975]

Congrats on your martingale trading strategy. Take frequent tiny gains upward, take huge infrequent losses downwards.

you don't get it.

i've made north of $6500 the last 13 months doing this.

my core position continues to stay at $10,000

get your hand out of your pants and get moving on this.

 

[homie1975]

Congrats on your martingale trading strategy. Take frequent tiny gains upward, take huge infrequent losses downwards.

when it goes down i add to the position to lower my cost basis. then i sell the next rip to pocket the gains.

then i rebuy at the $10,000 core position.

 

[rolandcorts]

you don't get it.

i've made north of $6500 the last 13 months doing this.

my core position continues to stay at $10,000

get your hand out of your pants and get moving on this.

Congrats, but that's because BTC went up overall. How much would you have made doing nothing but holding the last 13 months?

Your strategy is a martingale. It's like picking up pennies in front of a bulldozer. If BTC had had a bad year you would've bought a lot of dips, and been making losses.

 

[homie1975]

Congrats, but that's because BTC went up overall. How much would you have made doing nothing but holding the last 13 months?

Your strategy is a martingale. It's like picking up pennies in front of a bulldozer. If BTC had had a bad year you would've bought a lot of dips, and been making losses.

if my aunt had balls...........

 

[raiders72001]

Jan 10 (Reuters) - The U.S. Securities and Exchange Commission has approved 11 spot bitcoin exchange-traded funds, including those of Grayscale, Bitwise and Hashdex, according to a statement on Wednesday.

The approval would be a game-changer for bitcoin, offering institutional and retail investors exposure to the world's largest cryptocurrency without directly holding it,

 

[healthnjoy]

Would someone please help me explain what ETF does?

Is it as simple as retail investors paying a fee to Blackrock (or another issuer) to buy and store BTC for them? No leverage, so Blackrock can't sell $1000 worth of BTC before buying $1000 worth of BTC proper.

 

[Tanko]

Would someone please help me explain what ETF does?

Is it as simple as retail investors paying a fee to Blackrock (or another issuer) to buy and store BTC for them? No leverage, so Blackrock can't sell $1000 worth of BTC before buying $1000 worth of BTC proper.

ETFs are just like mutual funds except you can trade on them intraday. Mutual funds only settle at the end of the day.

One thing that concerns me about these BTC ETFs is that BTC will continue to trade overnight but I don't believe you can execute an ETF transaction outside market hours. A bad scenario is that you could get caught holding a lot of BTC in your ETF overnight while the market collapses.

 

[BigJay]

the market collapses.

You idiot. Get back in there at once and sell, sell.

Trading Places (1983) clip with quote You idiot. Get back in there at once and sell, sell. Yarn is the best search for video clips by quote. Find the exact moment in a TV show, movie, or music video you want to share. Easily move forward or backward to get to the perfect clip.

getyarn.io

 

[Wagerallsports]

$50,000 soon

 

[Ace7550]

You can now legally serve someone with a bitcoin transaction:

Here’s Some Bitcoin: Oh, and You’ve Been Served! – Krebs on Security

I also learned today that mortgage brokers will take bitcoin as collateral too.

Getting more mainstream by the day...

 

[chuckythegoat2]

You can now legally serve someone with a bitcoin transaction:

Here’s Some Bitcoin: Oh, and You’ve Been Served! – Krebs on Security

I also learned today that mortgage brokers will take bitcoin as collateral too.

Getting more mainstream by the day...

Not bad, Ace. Thanks for the info. Yes, I love all stories of BTC acceptance.

One trend I've seen at many restaurants. Now charging a 4% credit charge fee. That wasn't the standard b4. Small margin game, they don't want to eat the credit card company charge.

 

[Ace7550]

Not bad, Ace. Thanks for the info. Yes, I love all stories of BTC acceptance.

One trend I've seen at many restaurants. Now charging a 4% credit charge fee. That wasn't the standard b4. Small margin game, they don't want to eat the credit card company charge.

Variety of places have fees for accepting credit cards. Cuz they gouge businesses.

 

[chuckythegoat2]

Variety of places have fees for accepting credit cards. Cuz they gouge businesses.

Yeah. Again, good info from you. I hear good things about your reputation.

One sidebar discussion from the Bitcoin videos = will Visa be threatened by greater adoption of Bitcoin?

When will people realize how nice it is to transfer funds via Bitcoin (or Litecoin)? I'm a big fan of Litecoin, b/c of the quick settlements with negligible fee. Could be big for transferring $$ across borders.