I wish we had an area near where I live that did it. I’m sure I could drag one of my parents along aka not my dad. He’d be a homophobic buzz kill. Drag Queens know how to have fun after all.
Drag Queens are unmatched by most in the entertainment world. I've been attending Drag Shows since I was 15 (fake ID) and I'm no spring chicken! My parent have passed...but I'm sure my Mom would have enjoyed the show.
Yep, Bitcoin is really compelling as a replacement for our outmoded currency. Stable as can be, and we will no longer need to fear someone plundering our Ft. Knox gold.
The "Greater Fool" theory states that you can make money from buying overvalued securities because - there will always be someone willing to pay more...... Until there isnt.
This theory applies to Bitcoin and other Crypto Currencies.
Gold also fluctuates…. You can literally buy the dip on gold too. Noobs try to catch a falling knife. People with more than one brain cell to rub together just dollar cost average in and out of investments like that. Regular buying and selling over time gives the best average prices 🤷♂️ not difficult
Take note Poilievre, the Con pusher of Bitcoin.
Canadians lost savings because the big crash last time. #PP wanted the votes of the Bitcoin boys & girls trolls
How do you think the people who cashed out when it hit 20,000 back in 2020 felt when it rocketed up to 60k? How do you think they felt 4 years later when it hit 100k
You really should stretch out your time horizon. Try holding for at least 5 years.
Bitcoin only has value because we decided it has value. Just like gold. Gold is useless for anything but look pretty. Too soft to be a tool or anything for most of human history. Its value would disappear tomorrow if we decided it hasn’t any value anymore. Would you call gold a ponzi? 🙃
All money is fake. It is only by choice that we decide to assign it value. The dollar has "In god we trust" on it for a reason.
It is all based on trust and mutual agreement. Anything that destroys trust like the cred default swaps and banking fraud destroys trust, and, therefore value.
Yes? And just like paper money some are worth a lot because of stability, and some ain’t worth shit even though they are “identical”, government issued. Like euro and dollar vs Iranian Rial and Lebanese pound.Some shitcoins are just that, shitcoins.Other are stable and given trust (in god) and value
Saylor bought the true float. Might seem big that it has $300b in volume a day, but that’s just swing traders and scalpers, no permanent position changes. No float means no buying power. Futures are at exactly spot too, it’s only down from here.
That’s how crypto works. It’s all a scam. They don’t actually lose value. They’re not even real. The owner wipes out the account and takes everyone’s money then they say it went down. They wait til it builds up high again and wipe it out again
I like your spirit, but I wouldn't say it is burning, yet (still at $82K). When it hits 50 cents, I think we'll all throw a party around the dumpster fire that is crypto.
The cope 😆 shit got value because we give it value and agree it has value. Gold doesn’t do shit besides looking pretty. It’s soft as fuck and can’t be used for anything useful. It can’t be eaten, nor store anything of value if society collapses. Gold ain’t shit. Bitcoin is just “online gold” :)
Gold is the primary reason, honestly you should hold both. 401K will take a beating but slower as people just can't pull funds from that on any signal, basically they are trapped there.
Kotmidas or in English the shit Midas effect. Link King Midas who turned everything into pure gold what his fingers touched, but for Trump touching something , it turns into shit.
The preppers who believe in the second coming of Christ are the biggest purchasers of Ether coins.
So, they believe civilization will end soon, but somehow, the lights will stay on, and apparently, they believe they will be left behind.
🙄
Anybody that doesn't cash out their stock Get out of anything to do with the market especially that kind of stuff before Is going to regret it.. people aren't thinking clearly cuz their mind is cluttered with all the stuff that's happening but the market has over 4 times as far 2 as it did in 2008
You are buying the bitcoin (or a contract/security representing your ownership to the bitcoin) from a platform that sells bitcoins or indirectly from another party on a brokerage/exchange.
The Trump shitcoin was a classic pump and dump where the only people who made money were Trump affiliates from exchange/commission fees (which, of course, were paid in $'s)
What’s the average age for people in this country bc people 50 and up aren’t getting into crypto seriously.. older people are so resistant to tech it’s not gonna happen
No it’s because it’s a scam. I spent 47 in finance and until I can use it for gas and groceries it’s worthless. Crypto is a speculative non fungible asset that will crash just like Dutch Tulips. It’s the biggest con I’ve seen in my lifetime and trust me I’ve seen them all.
I’d agree but here’s the deeper view. The progression is first to be tested as a viable store of value, then it has to be tested as a medium of exchange, all before it can try to prove itself as a unit of account. It seems to be accomplishing that first one. Keep a sharp eye 😳
For everyone who’s been using it as a long term store it has outperformed every other asset. There is broadly accepted consensus and clarity on that now 🤷♂️. Gotta find ways to use the reality to our advantage here or we become ineffective.
The uber wealthy got their tax cuts that's more valuable to them than all the wealth they could lose in the market have you noticed Warren Buffett has a giant pile of cash just sitting there what do you think that's for
And yet many Republicans in Congress and some Democrats want to loosen the rules for crypto trading. It’s such an unstable ‘currency’ I don’t know how they rationalize that. It’s rife with potential for fraud.
Donald Trump said "The European Union was formed to screw the United States. We will hit them with 25 % tariffs and if they retaliate, we will not buy anything from them"
The US has elected the biggest liar and the most delusional idiot EVER as their President.
Meanwhile the money I keep between the mattress up my bed and the slats of the frame is worth more or less the same as it was at the beginning of the year
Investors don't like uncertainty,,,,, These ass clowns have no idea what affects will happen due to their arbitrary decisions,,,, They never look farther than the immediate impact on their own wallet
Bitcoin is just a massive pump-and-dump scheme. I don’t get why people keep falling for it. Crypto isn’t new—it’s been around for over a decade. If it had real utility beyond money laundering, scams, and pump and dump schemes, we would have seen it by now.
The true purpose of holding Bitcoin isn't to increase the dollar amount. It's have equitable money that anyone could use and everyone could hold and verify. There's really nothing else like it.
A decline in market confidence? No. Maybe DOGE should cut the president’s chair for the waste and corruption is presents as a matter of national security.
It’s so sad that again these stupid people invest with him! I saw the ads by Jr. pathetic! Now with a $15,000 investment, you now have $940.00. The rest in dumpy’s pocket congratulations again! How’s that steak taste?
'In 2018, he said the cryptocurrency was "probably rat poison squared." Buffett also said in 2022 that he wouldn't buy all the Bitcoin out there for $25.'
I have bitcoin so naturally this isnt great news for me...but I also had a friend from hs boast about how great things were going based on the bitcoin value, on the day I left Facebook. So maybe it is great news for me in the end. I value karma so much more than dollars.
When your boy actively crashes the economy and normalizes relations with the only countries that disproportionately used crypto to skirt sanctions, you should probably cash out.
The amount of energy and resources that has been pumped into this blockchain-adjacent grift called cryptocurrency is a mind-boggling machination built entirely on fraud. I think about the amount of good or just plain fun could have been had instead of running unknown repetitions of pointless code.
That was stolen from the same people he hates. He is who he is because of Black people and Black land…. That’s why he hates them. Bc God blessed them with what his family had to steal..
I have a terrible feeling Trump is going to try to take the U.S. off the Dollar, and put us on Cryptocurrency. They will say how they’ll save billions, blah blah. It better not happen.
I’m not sure but for banks to get on with this and then have the entire country to get on I feel like would take a long time especially facing resistance… let’s hope he fails at everything he’s trying to do
It’s always like that. It’s literally buying nothing in the hopes that someone else is buying the same nothing as you. This is bitcoin dogecoin cryptocurrency. Warren Buffett says it’s the biggest scam going. He won’t touch it, and won’t tell anyone else to touch it either.
So I guess when stock market was up under Biden it actually was cuz of Biden and not trump. Trump kept trying to take credit for the stock market when Biden was president. Another lie. Especially now that it’s so low under trumps presidency
Meanwhile the dollar still not strong enough to buy a dozen eggs. Lots of confusion about how currency is valued. Yes the dollar is backed by the strongest military in the world. Bitcoin is decentralized backed by only math yet still worth 50-100K. Why is that?
There are a lot of people who have leases that will expire over the next 2ish years who will never go back to Tesla. And many who have purchased and never will again. Plus the EU and Global impacts. Outlook not not good.
Comments
Ils vont faire monter le cour artificiellement avec le stock d'or de fort knox et ensuite vont tout revendre pour multiplier leur gain...
Les pauvre petit porteurs vont tous perdre...
Les États-Unis vont perdre leur capitalisations
Isn’t that something?
What’s everyone having for dinner?
Square with fresh diced tomatoes, onion, garlic, fresh basil for me
Round with canned pizza sauce & tons of cheese for him
You have to forgive him
He’s not Italian
But probably not 🙄
This theory applies to Bitcoin and other Crypto Currencies.
Scam all the money!
(The problem with this being, of course, you don't know where the bottom of the dip is.)
BTC tends to mirror the DJIA. I think the gamers and bitbros might be spooked by how stupid Trump actually is.
How long will it be before people just stop paying federal taxes to a government run by the rich?
Sure would be nice if we could just turn off the money hose they drink from
They are SURE to be a good investment. LOL.
Canadians lost savings because the big crash last time. #PP wanted the votes of the Bitcoin boys & girls trolls
https://bitcoinmagazine.com/culture/poilievre-brings-bitcoin-adoption-to-canada
If anybody lost savings because of a crash, it's because they were probably after short-term gains and we're thinking in a short-term way
By the way, Bitcoin is the 7th largest asset in the world at this point
I've been waiting on this Trump effect.
You really should stretch out your time horizon. Try holding for at least 5 years.
You'd be up 1000% 🤷
5 years ago to the day, Bitcoin was $8,000. Today it's $80,000
Idk what you mean when you say "until now"
since right now its still true that 0% of people who've held for 5 years have ever lost purchasing power
Bitcoin is more like an intelligence test.
It is all based on trust and mutual agreement. Anything that destroys trust like the cred default swaps and banking fraud destroys trust, and, therefore value.
📉📉📉📉📉📉📉📉📉📉📉📉📉📉📉📉📉📉📉📉📉
So, they believe civilization will end soon, but somehow, the lights will stay on, and apparently, they believe they will be left behind.
🙄
Which I entirely expect him to do at some point. Hundreds of billions of dollars straight into the pockets of crypto bros.
You should probs let him know that 0% of people who have held for at least 5 years have ever lost purchasing power
0%!
No one who's been around for a while ever advises holding for less than that. So if he's jumped in for a get rich quick thing, he might lose
FOMO is over until fElon or pres rapist tweets again.
Where does the money invested go?
Trying to educate myself here.
Fuck off scammer.
Unless I suppose they are dishonest con artists looking to make money off of scamming others. Those people understand exactly why they're in it for.
The US has elected the biggest liar and the most delusional idiot EVER as their President.
The EU will not be bullied!
I'm always reminded of this weasel. I'm sure it was all rubles that just went back to Putin.
Fuck MAGA for doing this to our country.
'In 2018, he said the cryptocurrency was "probably rat poison squared." Buffett also said in 2022 that he wouldn't buy all the Bitcoin out there for $25.'