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4
A story of a Bitcoin denier.     (Finance)
submitted by Crackinjokes to Finance 1.3 years ago (+5/-1)
8 comments last comment...
When I hear people say bitcoins a scam and all these things that just reminds me of this redditor.

There was a redditor who was on all the cryptocurrency forums and this was before Bitcoin went over the price of 1 oz of gold. And he was telling everybody that Bitcoin was a scam and it was a Ponzi scheme and it was going to collapse any day and on and on and on.

And he was prolific he was everywhere every time anybody posted anything and explain what Bitcoin was he was there with his Ponzi scheme speech and saying how it was going to collapse and everything

Well guess what. Turned out this guy used to have something like a thousand bitcoins that he had gotten when they were under a penny each.

And when they went to something like 10 cents or a dollar he sold them all because he thought he had gotten away with something and it was all going to collapse and that was the end and you know he probably got a couple of video games with it and maybe a PlayStation 2.

Well of course even at that point when Bitcoin was still under $1,000 he realized that he had basically blown the biggest lottery ticket he was probably ever going to win in life.

and if you can imagine how that would feel. The psychic break it would cause.

To him in order to not admit that he had made possibly the biggest mistake of his life he had to believe and hope that Bitcoin was going to collapse. Because if it did collapse even if it collapsed at $10,000 a Bitcoin and he could have made a lot more money he would have felt justified that he did not make the biggest mistake of his life when he sold Bitcoin for a dollar or whatever the hell he sold it for.

It would sort of be like if you dug through your old laundry and you found the winning lotto ticket for $100 million but you found it one day too late after the expiration period to redeem it. That's how this guy must have felt.

And so whenever I see these people that pop up whenever there's a positive story about Bitcoin and they'll download it furiously and they'll talk about how it's a Ponzi scheme or how it's all a Jew trick or that the CIA fixed it all or that the massage is going to take it all over it's just one day away from Total collapse or it's all a Ponzi scheme I always think yeah they're the guy that either had some and sold it all and ruined their chance or they just been too scared and they've missed the boat and they feel like they've missed the boat.

And actually the good news for them is that even if they did screw up in the past and they sold way too early or even if they did miss the boat and not buy when they could have bought 5 or 10 years ago when they first heard about Bitcoin but they were too scared the fact is no one has missed the boat. Because you can still invest $100 or $1,000 or $10 and the likelihood is if all you can afford to invest is $10 the likelihood is in five or 10 years you invested in Bitcoin is going to be worth more than all the other savings and investments that you will possibly make. That's what's happened to anybody who invested in Bitcoin even if they invested a small amount in Bitcoin over the past five or 10 years. And Bitcoin is probably nowhere near the top. Heck it just became an official investment vehicle through ETFs 2 months ago. So rather than complain and say it's a Ponzi scheme and feel like they've made the tragic mistake of selling too soon which maybe they did they can still incredibly improve their lives with a likely purchase of some bitcoin.

So you know that just is relating a story that I know to put into perspective these people who pop into the groups and say it's a Ponzi scheme or come up with some other outlandish explanation you know which hasn't held up for past 10 years but they still think it's going to hold up tomorrow and perhaps it's a message of Hope for those people that they really haven't missed the boat and it's not too late and if they did make a mistake or they feel like they missed the boat they can still put something in there and in all likelihood it will grow to be their best investment and if they can't put a lot in there and it doesn't grow to be their best investment well you know at least they haven't lost a lot of money.
4
For only $69,469, you could help a poor bitcorn owner recover their investment in internet numbers.      (www.tradingview.com)
submitted by Sector2 to Finance 1.3 years ago (+5/-1)
14 comments last comment...
https://www.tradingview.com/chart/?symbol=CRYPTO%3ABTCUSD

But now I'm wondering if embracing accelerationism might be the fastest way to end this civilization and give us the reset we so desperately need. If so, bitcoin and AI would be the way to go.

On the other hand, chances are high it will only end civilization for the common people.
3
The complete graphic history of Bitcoin is a bubble as well as a recent analysis of sentiment and possible new all-time highs at the next halving.     (bombthrower.com)
submitted by Crackinjokes to Finance 1.3 years ago (+4/-1)
3 comments last comment...
3
Black Hispanic and Asian people invest at a higher percentage rate than white people in cryptocurrencies according to the discussion about the new Congressional bill being considered to regulate crypto     (Finance)
submitted by Crackinjokes to Finance 1 year ago (+3/-0)
1 comments last comment...
From the discussion page https://www.congress.gov/congressional-record/volume-170/issue-89/house-section/article/H3419-1
on the bill located at this comes the statement from one of the representatives opposing the bill


" Center polls in 2021 and 2022, some 20 percent of Black,
Hispanic and Asian U.S. adults have bought, traded or used
cryptocurrency, compared with 13 percent of white adults.
These communities are at increased risk of losing their
investments if similar events like FTX, Terra/Luna and others
continue to happen without regulatory safeguards "
3
Just a reminder that Bitcoin is still up more than 50% from 6 months ago. It's still the best investment of the year. Don't let the FUD fool you.     (Finance)
submitted by Crackinjokes to Finance 10 months ago (+4/-1)
1 comments last comment...
3
Has anyone here invested in the Russian stock exchange? Do they allow options investing for us traders?     (www.akm.ru)
submitted by Crackinjokes to Finance 8 months ago (+3/-0)
1 comments last comment...
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@crackinjokes How are house prices going up? It would seem like with baby boomers reaching mortality that they'd go down.     (Finance)
submitted by iThinkiShitYourself to Finance 1.3 years ago (+2/-0)
4 comments last comment...
I know they didn't maintain most buildings and were trying to remove the capital from the infrastructure that way. Is that the cause of all this? The buildings are not good after other people get them and so they basically don't exist, thereby driving up scarcity?
2
How You Become Liable     (howyoubecomeliable.com)
submitted by SilentByAssociation to Finance 1.1 years ago (+2/-0)
5 comments last comment...
https://howyoubecomeliable.com/

Any goats ever read Cracking the Code?
2
Does anyone have any experience with some of these unusual stock charts?     (youtu.be)
submitted by Crackinjokes to Finance 10 months ago (+2/-0)
0 comments...
https://youtu.be/oaDn0dWJx7I

Just wondered if some of these more unusual ones really have some merit.

Any personal experience?
1
Why is ethereum classic going up faster than both Bitcoin and ethereum? Here's the answer     (Finance)
submitted by Crackinjokes to Finance 1.3 years ago (+1/-0)
2 comments last comment...
Why is ethereum classic going up faster than both Bitcoin and ethereum?

Here's the answer


Ethereum classic $Etc is up 28% over the last 7 days.

Ethereum $Eth is up only 15% over the last 7 days

and bitcoin $Btc is up 21% in the last 7 days.

So why the difference?

It's really simple. Ethereum and Bitcoin are the two most established well-known well traded and most trusted cryptocurrencies out there.

Bitcoins trading at around 61,000 and ethereum trading at around 3,300 today.

What most people don't know is that the ethereum of today is not the original ethereum and the ethereum of today has changed substantially and in a very bad way compared to the old ethereum.

Yet ethereum classic is the old ethereum. It runs the early same blockchain as ethereum before the gurus that control ethereum decided to break the confidence of those who believed in the blockchain and try to manipulate the blockchain.

Right now ethereum classic trades at $33.

So imagine this:

two people have the exact same car and it's a very good car. One of the cars is owned by a very famous guy and the other is owned by someone who's not famous. The guy who has the famous car decides he's going to change something important about the car. they basically let's say turns the gas engine into oh I don't know something that runs on natural gas. Everybody likes the famous guy so they all continue to support the car that's changed from what it was to the natural gas car because the famous guy is the famous guy and everybody hears about him. And the value of the two cars go up but the car that's owned by the famous guy goes up more. But then the famous guy gets woke and he decides he doesn't want his car to run on gas at all. he wants to make it electric. He wants to make it private electric. Now this is very comparable to what the famous guys associated with ethereum did to ethereum. They decided that mining which is the distributed creation of new ethereum by a huge network of people that's almost certainly undefeatable and unbreakable uses too much electricity because they talked to too many woke climate change idiots so they decided to make ethereum no longer minable. Instead it's a bunch of people who bought into ethereum in large chunks and they control what goes on with ethereum.

so let's go back to our car analogy and just say the guy who's the famous guy who owned the original car that everybody loved first changed it to natural gas then he changed it to electric so it's no longer at all what the people who originally loved the car loved about the car. It's no longer fast
it's no longer independent and it's just a woke monstrosity but because the guy's famous and most people don't really know the details of anything people continue to value the famous guy's car highly.

But some people do know. And those people go back to the original other car that was what everybody originally liked that was not owned by the famous guy. That's ethereum classic. And ethereum classic is the original car that everybody liked and everybody valued but it just wasn't on by the famous guy.

Meanwhile the famous guy's car has gone up and up but everybody forgot about the other car and the other car is selling for one 100th the price. Now it's the original car.
it does what the original cars were meant to do. it hasn't gotten woke. it didn't switch to electric. it didn't get rid of mining. it runs on the original blockchain and it runs all the programs at the other one does but it's trading at 100th of the price.

That's ethereum classic trading at about $33 while woke ethereum that's been changed trades at $3,300!

So is it any surprise that the more people learn that the original ethereum has been changed and altered just like that car owned by the famous guy was but the other car that was originally what people liked with distributed mining and all the other things that runs the original blockchain and runs all the ethereum programs and all the ethereum languages is sitting there at 1/100 the price?

Is it any wonder why people looking at that don't say "wait a minute actually not only is this one the original ethereum and not only is it not going woke and not only does it still have miners provide all kinds of safety and support and value functions to original cryptocurrency but it runs all the programs does all the other things and it's one 100 the price!"

So don't be surprised when during the halving as Bitcoin going up and everybody and dragging all the other cryptocurrencies up with it if ethereum classic doesn't go up and continue to go up more than all the other cryptocurrencies just like it is doing now. Because it's got two things going for it.

Number 1. it is ethereum. It's the original ethereum that hasn't been changed and didn't go woke.

And 2. it's trading at 100th the price of its matched pair woke ethereum and more and more people are going to see the disparate value in ethereum classic.

Etc symbol is Ethereum classic

Non woke and original with full miner support

Eth symbol is Ethereum. the Ethereum that was changed and went woke and is more centrally controlled and no longer supported by miners.

Discloser. I own some of both but I expect my ethereum classic holdings to grow at a much faster rate than my ethereum holdings for the reasons stated.

It's just an opinion and this is not Financial advice.

Post sectipt

The famous woke guy is of course Vitalik Buterin. The newly woke cryptocurrency billionaire who programmed the original ethereum or much of it and now abandoned most of what he did principal wise.

He got woke and eliminated miners from ethereum around 2022. Most people who are investing in crypto still don't understand the DraStic change that this indicated and the insecurity of the following ethereum and the step away from one of the founding principles of a cryptocurrency blockchain which is a distributed Network that is very hard to hack or overcome with a 51% attack

https://www.cnbctv18.com/cryptocurrency/explained-how-ethereum-update-will-drop-miners-cut-power-use-by-999-10389761.htm

For more about ethereum classic and why it is better than ethereum because it retains the original Ethereum vision visit their website

https://ethereumclassic.org

For more about why ethereum classic is the original ethereum and better than the thing that is now called ethereum look here

https://ethereumclassic.org/why-classic
1
The funny thing about precious metals. Gold/silver is very common (like diamonds)     (Finance)
submitted by Portmanure to Finance 11 months ago (+1/-0)
14 comments last comment...
All it takes is for one of these burgeoning space companies to park an asteroid in orbit around earth. There’s more gold/silver in that rock that has ever been dug out of the ground. When you see an attack on a space company, that’s the money changers who don’t want to lose control of the banks.
1
Russell 2000 futures pricing     (www.investing.com)
submitted by Crackinjokes to Finance 10 months ago (+1/-0)
0 comments...
0
Investment Portfolio Allocation Percentages     (Finance)
submitted by TheBigGuyFromQueens to Finance 7 months ago (+1/-1)
1 comments last comment...
100% MY DICK
1
Someone Please Explain To Me What the Fuck Is Going On With SCHD?     (Finance)
submitted by TheBigGuyFromQueens to Finance 6 months ago (+1/-0)
5 comments last comment...
I have been building a huge position in this for the past 8 or 9 weeks and for the past week it has been taking a shit on me. Right now, it is only up $.02 from my average purchase price and it keeps going down like 1% a day. At this rate by tomorrow, I may be in the negative and I have DCA’ed everything I have into it with nothing else to put in. I should have left my money in a CD at a lower rate. The dividends this turd will produce aren’t worth the risk or the opportunity cost.
0
"Luongo: Davos Runs Into The OPEC+ Buzzsaw"     (www.zerohedge.com)
submitted by beece to Finance 2.2 years ago (+0/-0)
0 comments...
0
Business credit card recommendations     (Finance)
submitted by prominent_proboscis to Finance 1.7 years ago (+0/-0)
2 comments last comment...
I’m going to need to set up a credit card for my small business soon. I’m on the road too much and don’t feel comfortable debiting misc purchases from my biz bank account. Is there a credit card you niggers recommend? is there a credit card that is less jewy than the rest? am i a cucked goy faggot for even asking this?
0
Whenever Bitcoin does a big dip like it just did of 15% or more for some weird known reason like news or a public dumping of siezed coins it's usually the surest and easiest 15% retrun you can make on a quick recovery like happening now.     (Finance)
submitted by Crackinjokes to Finance 11 months ago (+0/-0)
4 comments last comment...
Whenever Bitcoin does a big dip like it just did of 15% or more for some weird known reason like news or a public dumping of siezed coins it's usually the surest and easiest 15% retrun you can make on a quick recovery like happening now.

Germany dumped all their seized coins. That dropped the price from the mid 60s to mid 50s.

Now back in the 60s and headed up.
0
Yahoo Predicts AirBNB will Surpass Disney in Market Value     (www.yahoo.com)
submitted by Rastafoo to Finance 5 months ago (+0/-0)
1 comments last comment...
-1
5 days ago I posted about Bitcoin 2 months ago when it was $40,000. 5 days ago Bitcoin was $61,000. Today it's 67,000     (www.voat.xyz)
submitted by Crackinjokes to Finance 1.3 years ago (+2/-3)
4 comments last comment...
-1
De dollarization seems inevitable      (www.rt.com)
submitted by Crackinjokes to Finance 6 months ago (+0/-1)
1 comments last comment...
-4
Cody Sanchez lists 11 podcast episodes that will change how you think about money     (youtube.com)
submitted by Crackinjokes to Finance 7 months ago (+0/-4)
4 comments last comment...