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The Marty Lounge>Bitcoin Take?
ChiefRocka 11:41 AM 02-15-2013
Bitcoin disrupts gold
Ethereum disrupts financial services
There will be others...








[Reply]
crispystl 06:24 PM 02-19-2021
Originally Posted by BWillie:
Yup. HODL 98% of my crypto since late 2015. 85% of it since 2014 and we keep getting moar.

Seriously good for you man!
[Reply]
candyman 09:11 PM 02-19-2021
I put $1000 2 weeks ago into btc and another $100 a few days ago...already up to $1580+.

Wish I wouldn't have been so bullheaded and got into it when I first heard about it years ago.

I'd like to invest more but at this point I'm not sure if there's any point, I mean how much higher could it possibly get? It went from $33k to $56k in two weeks...there has to be a correction at some point, right?
[Reply]
Stanley Nickels 11:19 PM 02-19-2021
You guys have to get over this confirmation bias. Why can't BTC go to $80,000? Because it never has before? Would you have said there's no way it could get to $50k when it was at $20k 3 months ago? All time highs are ATHs until they're not. This thing will be 100k in the next year or two at the latest.
[Reply]
EPodolak 11:23 PM 02-19-2021
The early adopters here are already preparing their 1% lounge.
[Reply]
scho63 10:37 AM 02-20-2021
Would it be better for leverage and potential growth to sell Bitcoin and roll into Etherium?

Just curious for you BTC holders
[Reply]
loochy 10:46 AM 02-20-2021
Originally Posted by scho63:
Would it be better for leverage and potential growth to sell Bitcoin and roll into Etherium?

Just curious for you BTC holders

i'd just hodl and be patient


remember that there is a finite amount of btc so value will keep rising
[Reply]
loochy 10:47 AM 02-20-2021
Originally Posted by candyman:
I put $1000 2 weeks ago into btc and another $100 a few days ago...already up to $1580+.

Wish I wouldn't have been so bullheaded and got into it when I first heard about it years ago.

I'd like to invest more but at this point I'm not sure if there's any point, I mean how much higher could it possibly get? It went from $33k to $56k in two weeks...there has to be a correction at some point, right?

yeah, there will be an inevitable dip. maybe not all the way back down to 33k, but there will be one. just wait for the next big dip and then buy.
[Reply]
Jewish Rabbi 11:07 AM 02-20-2021
Originally Posted by scho63:
Would it be better for leverage and potential growth to sell Bitcoin and roll into Etherium?

Just curious for you BTC holders
No one knows. I think the best strategy is to have exposure to both.
[Reply]
eDave 02-20-2021, 01:52 PM
This message has been deleted by eDave.
eDave 01:56 PM 02-20-2021
Originally Posted by loochy:
yeah, there will be an inevitable dip. maybe not all the way back down to 33k, but there will be one. just wait for the next big dip and then buy.
Microstrategy Raises $1.03 Billion to Buy $2,000 Bitcoin Per Second

That should bring considerable buy pressure, with bitcoin rising to $57,500 today in part presumably due to saylor bot which now is probably in action.

https://www.trustnodes.com/2021/02/2...oin-per-second

Stack to flow graphs/predictions are still maintaining $100K in September.
[Reply]
BWillie 02:00 PM 02-20-2021
Originally Posted by eDave:
Microstrategy Raises $1.03 Billion to Buy $2,000 Bitcoin Per Second

That should bring considerable buy pressure, with bitcoin rising to $57,500 today in part presumably due to saylor bot which now is probably in action.

https://www.trustnodes.com/2021/02/2...oin-per-second

Stack to flow graphs/predictions are still maintaining $100K in September.
I said I was selling and laying around at 50k but I just cant get myself to do it. This hype is unreal and we are going to see 100k eventually.

I'd rather be wrong and btc go back to 20k than to sell now and bitcoin go to 125k or something.

BUT...what about if this is the strategy...


[Reply]
eDave 02:03 PM 02-20-2021
Originally Posted by BWillie:
I said I was selling and laying around at 50k but I just cant get myself to do it. This hype is unreal and we are going to see 100k eventually.

I'd rather be wrong and btc go back to 20k than to sell now and bitcoin go to 125k or something.

BUT...what about if this is the strategy...

Why don't you just draw off your stack monthly?
[Reply]
olout 05:32 AM 02-23-2021
I found out that Estonia is a great country to launch your own crypto exchange according to https://www.estonia-company.ee/financial-licenses/ . Great because every administrative paper can be done online and in English. Most citizens use English daily, even the government website has an English version. It's clear and well explained. I like how simple is their administrative system even for foreign folks. I don't remember the cost to open a company there but the fee is marginal and maybe none existent. You can apply for the E-residency, it costs about 100€ and you become a (virtual) citizen of Estonia. You can then open a company easily after. The related taxes are also simplified, no need endless hours for accounting, you can't even forget to pay
[Reply]
BossChief 12:23 PM 02-23-2021
Here’s the dip people were waiting for
[Reply]
BWillie 01:50 PM 02-23-2021
Originally Posted by BossChief:
Here’s the dip people were waiting for
Yeah hippies ruining bitcoin now that they are figuring out the electrical costs that go along with bitcoin. This is what I was always afraid of. BTC has had positivity from dems for a while even though its a libertarian ideology. I just dont think they fully understood it. How much environmentalists and the media pushes this agenda could prove big for bitcoin. The reason why its risen so much is large companies have started investing. If pressure from hippies make them explain to their shareholders that its too negative PR to invest then they wont do it and the hype train slows way down. Everything costs money to produce so this is kind of annoying but part of the reason btc uses the amt of electricity it does is to reward mining appropriately.
[Reply]
BossChief 01:56 PM 02-23-2021
We need to make a sustainable energy system that powers a ton of computers to mine Bitcoin and ethereum and then let it be.

If I were a farmer, I’d put up a bunch of wind turbines just for that.
[Reply]
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