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Nzoner's Game Room>Bitcoin Take?
ChiefRocka 11:41 AM 02-15-2013
Bitcoin disrupts gold
Ethereum disrupts financial services
There will be others...



[Reply]
dlphg9 02:54 PM 03-13-2024
Originally Posted by BleedingRed:
I'm not sure, wish my Shibu Inu coin would take off tho.....

I wonder if Crypto could be used a leading indicator to certain stocks
It's up like 300% or more since this post, correct?
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Hog's Gone Fishin 07:53 AM 03-28-2024
The Grayscale trusts are crushing it and they're just getting started

If prices hit the forecasted projections I could be up close to 1Million in profit by 2025

These should have been bought in the bear market around March 1 2023 to maximize profit. Now I see how the 4 year cycle runs. Bitcoin halving is 3 weeks away. Bitcoin Cash halving is somewhere around 4/6 I think.

Notably LTCN and BCHG . Actually BCHG is up over 4000% since 3/1/23 sitting at $16 and has a PT of $100 plus



ZCASH hasn't blasted off yet. ZCASH ranks #14 on the list of 15 trusts and is up 377% since 3/1/23. That's right , 13 funds are ahead of that pace.
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Hog's Gone Fishin 10:40 AM 03-29-2024
This is where the moneys at


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RINGLEADER 12:21 PM 03-29-2024
So if I had just invested $10K when this thread started it would be worth $175,000,000.
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Hog's Gone Fishin 12:33 PM 03-29-2024
Originally Posted by FD:
Its customer base is almost entirely composed of criminals and goldbug ideologues, which to me suggests its not very sustainable. Its an interesting experiment, though.
IT IS interesting revisiting the first few pages of this thread
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ThaVirus 12:49 PM 03-29-2024
Originally Posted by RINGLEADER:
So if I had just invested $10K when this thread started it would be worth $175,000,000.
This is sad for me to read. I could really use $175,000,000 right now.
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Jewish Rabbi 12:51 PM 03-29-2024
Originally Posted by ThaVirus:
This is sad for me to read. I could really use $175,000,000 right now.
If it makes you feel better, there’s an almost 0% chance you would have held for the last 11 years.
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BWillie 12:57 PM 03-29-2024
Originally Posted by Jewish Rabbi:
If it makes you feel better, there’s an almost 0% chance you would have held for the last 11 years.
Diamond hands
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ThaVirus 01:10 PM 03-29-2024
Originally Posted by Jewish Rabbi:
If it makes you feel better, there’s an almost 0% chance you would have held for the last 11 years.

It doesn’t but you are right and I know that deep down. Especially me. I’m such a safe little bitch. I would have sold the instant my investment tripled and been kicking myself even worse than I am now.
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Hog's Gone Fishin 12:12 AM 03-30-2024
Originally Posted by teedubya:
I have 25 bitcoins that I've been playing with... bought a few months ago for around $10... I took a $250 risk and now it's worth over $2500.

I love the concept of it, since I hate the greedy international bankers in control of the central banks, fractional reserve banking, and fiat currency.


:-)
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RINGLEADER 01:51 AM 03-30-2024
Originally Posted by Jewish Rabbi:
If it makes you feel better, there’s an almost 0% chance you would have held for the last 11 years.
This is a good point, but I think I’d feel even worse if I had bought in and bailed out.

I don’t get Bitcoin at all but it makes me very happy knowing there are people who had the foresight to buy in early.
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Hog's Gone Fishin 12:53 PM 03-30-2024
This guy right here built a successful business and became a millionaire, then he got into Crypto and the Grayscale trusts. He expects to be worth over 1 Billion a the end of the current bull run. The mansion you see in the background was bought solely from profits from LTCN during the last bull run.

Here he gives some good advice about handling bank accounts and your big money.


[Reply]
Pinchshot 01:47 PM 03-30-2024
Originally Posted by Hog's Gone Fishin:
This is where the moneys at

Careful with Grayscale. They are colluding with Blackrock to dump all their Bitcoin so Blackrock can buy them. You need to have real Bitcoin and not these paper Bitcoins.

Only 900 Bitcoin are produced daily (450 after the halving). Blackrock and the other ETFs are buying 12K per day. There simply isn't enough supply. Thus the parabolic price increase.
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Hog's Gone Fishin 01:58 PM 03-30-2024
Originally Posted by Pinchshot:
Careful with Grayscale. They are colluding with Blackrock to dump all their Bitcoin so Blackrock can buy them. You need to have real Bitcoin and not these paper Bitcoins.

Only 900 Bitcoin are produced daily (450 after the halving). Blackrock and the other ETFs are buying 12K per day. There simply isn't enough supply. Thus the parabolic price increase.
I don't own any GBTC, that's the only one it may affect, correct ?

While this has been known, it looks like GBTC has still been going up.
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Pinchshot 02:51 PM 03-30-2024
IBIT is the fastest growing ETF in history.
-- Larry Fink

They started a Gold ETF years ago. It took 15 years to reach what the Bitcoin ETFs did in a month.

These ETFs are game changers because people that know nothing can buy the ETFs. IBIT and Vanguard are buying $1B PER DAY.

That said, get the real stuff instead of the ETF.

My 2 cents.
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