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jscott 01-31-2021 03:40 AM

Quote:

Originally Posted by pimpmaster9000 (Post 22814774)
your claim is false...there are no millions of day/swing traders LOL...its mostly bot money for arbitrage...its what makes prices go up and down in sync between exchanges...people do not generally use exchanges as wallets...do you keep your money on the exchange? no?...didnt think so...

When did i say anything about day/swing traders? You're making shit up about the links I supposedly posted & about traders.

Millions of customers hold their crypto at the exchange they bought. I bet 75% of Americans hold their small amounts of BTC on Coinbase. Not to mention Blockfi, Grayscale CUSTODY. 3rd party custody does not mean traders dude. You seem like you know some stuff but man, quit acting like a know it all, you have a LOT to learn. Ask questions instead of ranting shit you have no idea about

SeoDealer 01-31-2021 06:46 AM

Scott is right,those are actually facts and are pretty known and some are obvious(logically).
Regarding the 20% btc lost,that is an estimation and it's not done by the respective site (with the link from) but by statisticians,that's why it's accepted by everyone,because it's based on analysis.
Of course it might as well be 17-18% or it might as well be 22-23%..but the idea is the same

Idigmygirls 01-31-2021 09:41 PM

https://www.cbc.ca/radio/asithappens...word-1.5875366

https://www.independent.co.uk/life-s...-a9355691.html

So many stories of people losing hundreds of millions of dollars worth of Bitcoin that the show Silicone Valley included it as a minor plot in the final season. I've posted just a couple I found on Google in 30 seconds.

Not looking to get into this pissing match, but I did want to correct the record on this one issue - people definitely lose huge wallets.

Oh, and Gamestop... things could get interesting in a few hours...

jscott 01-31-2021 10:15 PM

Being your own bank means must also be responsible with what's important to you.

If you have a kid and is important to you , you wouldn't leave in the middle of a highway unattended would you? I hope NO

Shouldn't treat your finance that way too.

With Bitcoin you can back up your seed phrase, in 100 locations if you want, in your brain, in safe, in safety deposit box, split up between family members or locations.
Dudes in article were ridiculously irresponsible.

mce 02-01-2021 02:06 AM

Quote:

Originally Posted by pimpmaster9000 (Post 22813927)
it is how reality works...

Are you sure you know enough to talk about 'reality'?

The only PUMP and DUMP going on involves CENTRAL BANKS

The chickens are going to come home to roost soon enough and only REAL ASSETS will matter at that point:helpme:helpme:helpme

jscott 02-01-2021 02:32 AM

Now Elon Musk is saying:

“I do at this point think bitcoin is a good thing. I am a supporter." – Elon Musk.

https://www.coindesk.com/a-good-thin...ter-of-bitcoin

And here we have our resident genius @pimpmaster9000 who is MUCH smarter than Elon, Dalio, Saylor, the markets, and everyone else

SeoDealer 02-01-2021 09:24 AM

Closed another sell on GME in 230/share . I hope to have another order close to 400..
Missed AMC today..

pimpmaster9000 02-02-2021 03:54 AM

Quote:

Originally Posted by jscott (Post 22815142)
Now Elon Musk is saying:

“I do at this point think bitcoin is a good thing. I am a supporter." – Elon Musk.

https://www.coindesk.com/a-good-thin...ter-of-bitcoin

And here we have our resident genius @pimpmaster9000 who is MUCH smarter than Elon, Dalio, Saylor, the markets, and everyone else


super inconvenient truth 1: if wall street decides to pump and dump you in to oblivion, there is nothing you can do about this...free market really means free market...you are little flies and they are the super heavy weights of having $$$$$....you are all just broke ass gamblers....the 2018 bag holding was reality to most "crypto investors" <-----pretend like you do not understand this :thumbsup:thumbsup most of you are natural losers <------keep this super true fact in mind...most of you HAD to lose for a few to win...

super inconvenient truth 2: even IF all the big wallets are exchangers, there is no ignoring the fact that you are changing one bank for another...there is NOTHING stopping the exchanger from just taking your coins...if excanger is in some country, this country has laws and they decide you are all "illegal" exchanger will roll on you to save his own ass :2 cents::2 cents::2 cents::2 cents::thumbsup:thumbsup:thumbsup

super inconvenient truth 3: bitcoin is a casino because 95% of users are treating it as a casino...it is not "convenient" because after 11 years it is still just a casino and nothing more...reality exists <-----this :thumbsup

the above is a solid foundation for global domination :2 cents::thumbsup:1orglaugh

pimpmaster9000 02-02-2021 03:57 AM

Quote:

Originally Posted by jscott (Post 22815088)
Being your own bank means must also be responsible with what's important to you.

If you have a kid and is important to you , you wouldn't leave in the middle of a highway unattended would you? I hope NO

Shouldn't treat your finance that way too.

With Bitcoin you can back up your seed phrase, in 100 locations if you want, in your brain, in safe, in safety deposit box, split up between family members or locations.
Dudes in article were ridiculously irresponsible.

funny how a few threads ago you said people keep money on exchanges but now all of a sudden its "Being your own bank"....

yes you can be the storage of your own worthless data...heavily depending on the chance that somebody in the future is willing to buy your data for $$$ and that your government will not make bitcoin illegal some time in the near future...

bitcoin and tax are just a match made in heaven :1orglaugh:1orglaugh:1orglaugh no government will mind :1orglaugh:1orglaugh:1orglaugh exchangers are bound be free forever to let you exchange :1orglaugh:1orglaugh:1orglaugh

idiot...

jscott 02-02-2021 04:16 AM

Idiot, yet you're the one yelling at bitcoin while price continues to rise, logically, against inflated fiat currencies.

Adoption on the rise, smartest minds in the world warming up to it, ETF's soon and publicly traded companies adding BTC to balance sheets

..... and here you are, claiming smarter than them, than markets, lol

Who's the idiot? Ur a clueless clown bud

pimpmaster9000 02-02-2021 04:42 AM

Quote:

Originally Posted by jscott (Post 22815735)
Idiot, yet you're the one yelling at bitcoin while price continues to rise, logically, against inflated fiat currencies.

Adoption on the rise, smartest minds in the world warming up to it, ETF's soon and publicly traded companies adding BTC to balance sheets

..... and here you are, claiming smarter than them, than markets, lol

Who's the idiot? Ur a clueless clown bud

I put forward non disputable facts in the last 2 threads...you chose to ignore them and deflect with unrelated stuff like "many people are warming up to it" :1orglaugh:1orglaugh:1orglaugh or "the price is high" :1orglaugh:1orglaugh:1orglaugh

pimpmaster9000 02-02-2021 04:46 AM

btw google trends: bitcoin

interest is at 50% of what it was in 2017 LOLOLOLOLO

jscott was right...many people are warming up to it LOLOLOLO

jscott 02-02-2021 05:22 AM

^^ this is what long USD sounds like lol

pimpmaster9000 02-02-2021 05:47 AM

Quote:

Originally Posted by jscott (Post 22815761)
^^ this is what long USD sounds like lol

deflecting not addressing the detrimental facts about bitcoin I put forward is your only way of debate :1orglaugh:1orglaugh:1orglaugh

SeoDealer 02-02-2021 06:44 AM

Quote:

Originally Posted by pimpmaster9000 (Post 22815744)
btw google trends: bitcoin

interest is at 50% of what it was in 2017 LOLOLOLOLO

jscott was right...many people are warming up to it LOLOLOLO

That is actually a good factor because it means that the 'useless' half was filtered out(people that were not really into bitcoin but specifically only into some fast cash and things like that)
To be more precise,now,in 2021,with HALF the amount of people looking up the subject,the volume is 10x bigger , this means that the average person into it,is 20x more commited than in late 2017/early 2018.
Bigger players were also attracted,the same that weren't into it 3years ago

pimpmaster9000 02-02-2021 07:02 AM

Quote:

Originally Posted by SeoDealer (Post 22815783)
That is actually a good factor because it means that the 'useless' half was filtered out(people that were not really into bitcoin but specifically only into some fast cash and things like that)
To be more precise,now,in 2021,with HALF the amount of people looking up the subject,the volume is 10x bigger , this means that the average person into it,is 20x more commited than in late 2017/early 2018.
Bigger players were also attracted,the same that weren't into it 3years ago

how do you know this? what tools did you use to analyze trends in search engines and how do you know what the current investors want?...it sounds incredible that now suddenly people do not want fast profits but they want slow profits...

InfoGuy 02-03-2021 10:18 PM

Quote:

Originally Posted by Idigmygirls (Post 22813774)
As the stock price goes up, the hedge funds are required to do one of two things: either 1) they must buy the stock at the current price to close out their "short"; or 2) they must put up cash (margin call) that will cover the paper losses and then pray that the stock goes down.

As hedge funds buy back their stock to close out short positions, it further increases demand for the stock, raising the price.

Because the raiders do not sell the stock they purchased, the available pool of shares that could be purchased by hedge funds to close their positions gets smaller and smaller, and the price increases become exponential.

Or hedge funds could persuade GME to issue [X] million new shares at inflated price [Y], which would increase the float, end the short squeeze and cause the price of GME to collapse.

bean-aid 02-03-2021 10:37 PM

Quote:

Originally Posted by jscott (Post 22815142)
Now Elon Musk is saying:

“I do at this point think bitcoin is a good thing. I am a supporter." – Elon Musk.

https://www.coindesk.com/a-good-thin...ter-of-bitcoin

And here we have our resident genius @pimpmaster9000 who is MUCH smarter than Elon, Dalio, Saylor, the markets, and everyone else

pimple master is one of the dumbest mother fuckers alive. He also HATES America and Americans, better to ignore anything that comes from that no money making astro turfer nick


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