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-   -   Bitcoin is still too damn cheap (https://gfy.com/showthread.php?t=1341144)

mce 01-23-2021 02:00 PM

Bitcoin is still too damn cheap
 
Price of BTC as of this posting: $32,250

Bookmark this post and read it 5 years from now when BTC is at 200,000 poised for 400,000

I'll be switching my service to BTC only payments

I'll be taking in only BTC and paying out expenses via fiat

Gold and diamonds in, shit and paper out. Not a bad exchange!

mechanicvirus 01-23-2021 02:56 PM

Is this the thread where people respond with the opposite opinion and then people respond with 15-20 laughing smilies with a smug attitude and then the original people claiming bitcoin is worthless does like 30-40 laughing smilies and it turns into a classic GFY shit post thread?

CaptainHowdy 01-23-2021 03:24 PM

That is all you can think of on a saturday evening?? What about getting laid ??

mce 01-23-2021 04:50 PM

Quote:

Originally Posted by CaptainHowdy (Post 22811410)
That is all you can think of on a saturday evening?? What about getting laid ??

Thinking about getting laid is like a waitress thinking about getting a cup of coffee....

I'm all about escaping the FIAT TRAP, playboy!

SekobA 01-24-2021 03:27 AM

My money is in the bag

nikki99 01-24-2021 09:29 AM

Mooooooneh

emmasexytime 01-25-2021 05:14 AM

maybe it is, maybe it isn't

what if it isn't? you live on the street?

good luck

mechanicvirus 01-25-2021 09:02 PM

Quote:

Originally Posted by CaptainHowdy (Post 22811410)
That is all you can think of on a saturday evening?? What about getting laid ??

Are weekends strictly relegated to only sex? What about doctors? Lawyers? What if you're in prison and your lawyer has all the information to get you out but he's like "lmao fuck this shit, saturday bro gonna get LAID, cya monday"??

:1orglaugh:1orglaugh:1orglaugh:mad::1orglaugh:1org laugh:1orglaugh

D Ghost 02-02-2021 04:26 PM

Unfortunately, many people will not seriously consider storing their work energy in hard money like Bitcoin until it's too late. However, I do think one point of hope is that BTC will always be cheap compared to the amount one will pay by using consistently debased fiat currency. Therefore, there will always be an opportunity, but the reward will be far less the further in time it goes.

I recommend people read The Bitcoin Standard and The Sovereign Individual.

jscott 02-02-2021 10:18 PM

Quote:

Originally Posted by D Ghost (Post 22816098)
Unfortunately, many people will not seriously consider storing their work energy in hard money like Bitcoin until it's too late. However, I do think one point of hope is that BTC will always be cheap compared to the amount one will pay by using consistently debased fiat currency. Therefore, there will always be an opportunity, but the reward will be far less the further in time it goes.

I recommend people read The Bitcoin Standard and The Sovereign Individual.

Exactly!

pimpmaster9000 02-02-2021 10:52 PM

WOW this is amazing...the most basic laws of economy will suspend and everybody will win!....amazing stuff...there has never been a thing like this before...free money for everybody :1orglaugh:1orglaugh:1orglaugh

jscott 02-02-2021 11:01 PM

Quote:

Originally Posted by pimpmaster9000 (Post 22816258)
WOW this is amazing...the most basic laws of economy will suspend and everybody will win!....amazing stuff...there has never been a thing like this before...free money for everybody :1orglaugh:1orglaugh:1orglaugh

Your fiat is free money for everyone :banana
https://www.cnbc.com/2021/02/02/coro...lief-bill.html

investing through gold, bitcoin, properties, stocks takes research, time/patience, risk,..... and any profits coming to those invested in them is well-deserved

pimpmaster9000 02-03-2021 01:14 AM

Quote:

Originally Posted by jscott (Post 22816265)
Your fiat is free money for everyone :banana
https://www.cnbc.com/2021/02/02/coro...lief-bill.html

investing through gold, bitcoin, properties, stocks takes research, time/patience, risk,..... and any profits coming to those invested in them is well-deserved

oh the bill for the relief will come due...it always comes due...as does the bill for turning anything in to a casino: gold/bitcoin/properties/stocks...

no matter what the asset, basic math exists: most of you will have to lose for a few to win...the longer the game is played, the more concentrated the asset becomes, the more bag holders are left...ups and downs shake the weak hands (read: majority) and a few winners take the prize...

blockchain does not defeat basic math unfortunately...it is on paper a wonderful concept for disciplined and strong willed human beings who do not care about money but just want safety for their finance...but this is not the real world...humans are dumb and greedy...ergo, bitcoin is a casino like anything else...a repeating game of musical chairs if you will...each cycle eliminates most who invested...

mce 02-09-2021 10:36 PM

See title.

My original prediction was 100K.

I was being too conservative.... Austrian School of Economics too conservative.

I'm now leaning toward sustainable value of $500K USD

If you think I'm an idiot, please reply and CHANGE MY MIND

NewbieNudes 02-10-2021 09:27 AM

Quote:

Originally Posted by mce (Post 22819732)
See title.

My original prediction was 100K.

I was being too conservative.... Austrian School of Economics too conservative.

I'm now leaning toward sustainable value of $500K USD

If you think I'm an idiot, please reply and CHANGE MY MIND

Word.

.......

Grapesoda 02-10-2021 02:47 PM

Quote:

Originally Posted by CaptainHowdy (Post 22811410)
That is all you can think of on a saturday evening?? What about getting laid ??

if you think about pussy, you'll never have money
if you think about money, you'll always have pussy


... just sayin

Idigmygirls 02-10-2021 03:10 PM

Quote:

Originally Posted by Grapesoda (Post 22820028)
if you think about pussy, you'll never have money
if you think about money, you'll always have pussy


... just sayin

:thumbsup:thumbsup:thumbsup:thumbsup:thumbsup:thum bsup:thumbsup:thumbsup


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