ac04 said:

---

buying bitcoin on the day of the halving and holding until the next one has never yielded less than 5x. just FYI if you have any fiat you don't need for 4 years.

---

While this is easy, the harder times to buy are more profitable. Everyone wants to buy when price has gone up 400% since the bear market lows. Not as many buy when price is depressed 75% from previous highs.

Buy into extreme fear and HODL. You'll outperform 98%.

If you hate someone and want to fuck them up for life, for their birthday, buy them a Ledger hardware wallet with various shitcoins on it, and a book on how to trade.

— Parman 🔑 Private Key Whisperer (@parman_the) April 22, 2024

That's awesome

Dad: Invest in fundamentally strong stocks, like $META

Me: I’m too retarded dad, I’ve spent all on $APU

Next day:$META beats expectation -15%$APU posts memes +20%

Dad: pic.twitter.com/xzZYblduJN

— Mr. Piss Shivers (@stevedick881) April 25, 2024

Has robinhood been up to more shenanigans with traders, this time on the crypto side?

https://finance.yahoo.com/news/robinhood-markets-gets-sec-warning-125109985.html

curious what percentage of crypto holders actually download to cold storage.

quick poll I suppose

I do.

How much of your portfolio is crypto anyway?

I'm seriously considering converting 5% of my entire portfolio into bitcoin. How stupid is this?

It's not stupid at all.

https://glxy.galaxy.com/hubfs/Asset%20Management%20Reports/GLXY_Whitepaper_Bitcoin%20in%20a%20Portfolio_2023.pdf

Isn't that around the percentage people traditionally recommend you put into precious metals?

I think, even if you are someone who is hesitant to adopt Bitcoin or aren't a "true believer", it is at the very least worth it as a hedge to become a similar "inflation proof" asset against the way things are currently going.

So no, I don't think it's crazy.

I do

https://www.instagram.com/reel/C6gqeohrZn8/?igsh=bWFkOXlqb2c1YXE4

Thoughts on this? If what he's saying comes to fruition does it render ETH towards a collapse?

I've been in ETH and BTC since 2017 so my gains are significant. If I trade ETH for BTC I'll have taxable gains I'm guessing?

Who is that guy and why should anyone believe him?

That's Michael Saylor and he's been banging that drum for years. It doesn't even make sense, even if the SEC banned it these are worldwide markets and still viable in the rest of the world.

carl spacklers hat said:

---

GarlandAg2012 said:

---

Who is that guy and why should anyone believe him?

---

The fact you're posting this on a crypto trading thread is strongly suggestive you need to do a LOT more research before diving into the pool.

---

LOL fair enough but I posted that while somewhat intoxicated.

I've owned crypto since 2014. I'm in the deep end already brother! Just not a trader.

Trading eth for btc on coinbase creates a tax liability correct?

That is correct

Orlando Ayala Cant Read said:

---

https://www.instagram.com/reel/C6gqeohrZn8/?igsh=bWFkOXlqb2c1YXE4

Thoughts on this? If what he's saying comes to fruition does it render ETH towards a collapse?

I've been in ETH and BTC since 2017 so my gains are significant. If I trade ETH for BTC I'll have taxable gains I'm guessing?

---

POS coins have yet to show how they are more efficient cost wise versus a standard non-blockchain solution. Bitcoin being POW bakes in the supply/demand equation automatically. If it takes more energy to mine a block, then the price of bitcoin should increase enough to account for that.

Basically we need some kind of energy revolution with fusion or some way to massively reduce the amount of energy required with blockchain to make POS profitable. It's basically solar in the 70's. Saylor is playing Exxon in the 70's saying it will never work.

Now whether ETH can ride it out long enough for it to get there remains to be seen.

Not a trader either, but I try to stay informed of multiple perspectives. Saylor is a BTC maximalist, which you might already know. So, his opinions of other crypto is going to reflect that.

BTC up nicely a couple percent, over the weekend.

Is this total crap or what, the NSA created bitcoin

Sorry of this is pure conspiracy theorists but I'm a bitcoin novice

Coinbase down

Kills the pump every time. I suspect they have some deal with blackrock to honor etf purchase prices. And since they are lagging CB will take in the shorts if it pumps too hard too fast. So they kill the quick pumps

Mother of God

We are back

🚨 BREAKING 🚨

THE 'DEPLOYING AMERICAN
BLOCKCHAINS ACT OF 2023'
HAS PASSED THE HOUSE.

THIS REMOVES THE POWER FROM
U.S. SEC OVER CRYPTO 🇺🇸

ACCORDING TO THIS HOUSE BILL,
THE SECRETARY OF DEPARTMENT
OF COMMERCE SHALL SERVE AS
THE PRINCIPAL ADVISOR TO
THE PRESIDENT… pic.twitter.com/LIHMjg9eLE

— Ash Crypto (@Ashcryptoreal) May 21, 2024

TxAG#2011 said:

---

Mother of God

We are back

---

&ct=g

There was a rumor that Satoshi was a NSA agent, that's why the cryptology works so well. He knew the ins and outs of hacking and program back doors which is why the code was so simple and the blockchain was invented, each node running a ledger can't be compromised in the long run, one would have to fool the whole network all at once which is nigh impossible to do at this point.

I don't know if I believe it, but it would explain some things. Regardless Satoshi walking away from it is one of the most selfless things anyone has ever done. He setup the program and let it run and turned the rules of the network over to the network itself. I think he's sitting on about 1M BTC that has never moved worth about $70B in USD currently. Though at the rate of inflation though why would he sell until he needs some liquidity?

Frankly the only thing that can derail bitcoin at this point is if countries reintroduce sound hard money again(commodity backed, not fiat). Given their addiction to spending I don't see that happening before the dollar collapses as world reserve.

Nice little 30% run for ETH over the last 48 hrs.

Looks like Ethereum has been designated as a commodity, not a security.

Bitcoin maxis in ruins.

Right now eths supply is deflationary but could be unlimited. They are just two really different things IMO.