Bitcoin proving it isn't a hedge against inflation. Down a casual 8% on the day, 13% for the week.
"But but its going to 200k then 1 million!! Then I cashout and I'm rich!!!!"
Brutal.
Bitcoin is proving itself has a digital nothing. Digital gold 2.0? Look how gold's performed this quarter vs bit****.
Bitcoin is the greatest poonzi in human history.
Bitcoin is fake internet money.
Bitcoin is codes on a computer backed by nothing.
Bitcoin is fools gold.
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04-17-2024, 09:15 AM #1
Bitcoin getting dumped! Again!! JUST LOL!
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04-17-2024, 09:16 AM #2
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04-17-2024, 09:19 AM #3
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04-17-2024, 09:22 AM #4
People should have learned in 2022 that BTC isn't an inflation hedge, but there is money to be make it if you buy when it bottoms and everyone is talking **** about it, then sell when it moons and everyone is hyping it back up again. If **** really hits the fan, the first thing people will look to liquidate is their accounts containing fake internet money.
Last edited by semenreleaser; 04-17-2024 at 09:31 AM.
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04-17-2024, 09:23 AM #5
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04-17-2024, 09:27 AM #6
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04-17-2024, 09:29 AM #7
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04-17-2024, 09:30 AM #8
I'll be sure to bump this in a month or 3 when it ATHs.
Transgenders are unable to recognize trends and cycles.MАGА 2024. I rep pаtriots, and neg anti-american phægots. "You have given out too much Reputation in the last 24 hours, try again later." most of the day, but I give when I can.
Z4 is a frauding phægot.
Jayarbie deeply defends pædophiles, like MinisterofChildGrooming.
suave2000 is a confirmed Tunneler.
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04-17-2024, 09:36 AM #9
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04-17-2024, 09:37 AM #10
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04-17-2024, 09:40 AM #11
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04-17-2024, 09:42 AM #12MАGА 2024. I rep pаtriots, and neg anti-american phægots. "You have given out too much Reputation in the last 24 hours, try again later." most of the day, but I give when I can.
Z4 is a frauding phægot.
Jayarbie deeply defends pædophiles, like MinisterofChildGrooming.
suave2000 is a confirmed Tunneler.
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04-17-2024, 09:43 AM #13
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04-17-2024, 09:44 AM #14
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04-17-2024, 09:44 AM #15
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04-17-2024, 09:45 AM #16
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04-17-2024, 09:46 AM #17
Not much. Not keeping up with inflation.
Bitcoin is volatile. You’re confusing value with price. The two words are different, for a reason.
A few weeks ago I bought bitcoin stock mstr, it has since 10x. Did you 10x your gold money? You’re making the same mistake I made in 2012 when I had a choice between buying bitcoin or gold/silver.
There is nothing scammy or suspicious about peer to peer payments. It’s just natural progress. You should be part of it.
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04-17-2024, 09:46 AM #18
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04-17-2024, 09:46 AM #19
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04-17-2024, 09:46 AM #20
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04-17-2024, 09:48 AM #21
BTC 3 months ago: 40k
BTC today: 60k
Increase:150%
Gold 3 months ago: 2k
Gold todat: 2.4k
Increase: 120%
But if we step back a week, bitcoin was at a 185% increase over 3 months. I'll take BTC over gold's rise 100% of the timeMАGА 2024. I rep pаtriots, and neg anti-american phægots. "You have given out too much Reputation in the last 24 hours, try again later." most of the day, but I give when I can.
Z4 is a frauding phægot.
Jayarbie deeply defends pædophiles, like MinisterofChildGrooming.
suave2000 is a confirmed Tunneler.
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04-17-2024, 09:49 AM #22
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04-17-2024, 09:54 AM #23
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04-17-2024, 09:55 AM #24
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04-17-2024, 09:57 AM #25
In my portfolio I do own tech stocks, both big and small, S&P 500, I do have gold and silver, as well as physical, real estate, but my crypto has pretty dramatically outperformed everything else long-term, and I was not early to the party by any means, so, numbers, don’t lie, bitcoin is the best performing asset of all time.
if you think that it’s just a giant bubble and a scam, that’s a different argument, then it basically means you don’t understand blockchain technology, and you’re no different from people who thought that no one will ever send emails or texts because people want to talk on the phone and write letters with a pen, You’re just going to be left behind.
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04-17-2024, 10:01 AM #26
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04-17-2024, 10:04 AM #27
Long-term it has proven to be a very good store of value, but for those people who are very low risk investors like yourself it’s totally fine to have smaller allocation to bitcoin, as well as take profits, I have sold crypto before to take profits and put it into S&P 500 or a house renovation or whatever else I wanted to do, that’s totally fine.
The recent drop in MSTR is barely noticeable to someone who bought it a while ago, because the gains have been so huge, imagine you invested 100 bucks, and it turned into 1000, do you really care if it’s 70 or 900 or 800 or 600? You still got insane returns that are unheard of in gold or S&P 500.
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04-17-2024, 10:08 AM #28
lmao imagine holding through $400+ and now its trading at ~$10 ($40 adjust for split). Put a quarter in your ass, because you played yourself.
INB4 "I'm still up on my investment!" GME will never see anything close to the prices it was trading at back during the meme craze.Last edited by tendies; 04-17-2024 at 10:46 AM.
ALPHA male crew
Owns 16 MAGA hats (and counting) crew
Wish I was black crew
--Flat Earth Crew--
“There is absolutely no reason why, out on the street today, a civilian should be carrying a loaded weapon.”
– Ronald Reagan, Governor of California
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04-17-2024, 10:08 AM #29MАGА 2024. I rep pаtriots, and neg anti-american phægots. "You have given out too much Reputation in the last 24 hours, try again later." most of the day, but I give when I can.
Z4 is a frauding phægot.
Jayarbie deeply defends pædophiles, like MinisterofChildGrooming.
suave2000 is a confirmed Tunneler.
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04-17-2024, 10:13 AM #30
the reality is that any person trying to sh!t on other people's success is in a world of sh!t of their own, either physically, mentally or spiritually.
spend more time trying to lift others up instead of putting them down.2022 Option Trading Realized Gains: $125,348 USD
2023 Goal: $140,000
2023 Option Trading Realized Gains: $142,035 USD
2024 Goal: $80,000
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