Crypto Currency Thread (Vol.2)
Discussion
Blown2CV said:
OK you produce a brief summary of a guy who either exists or doesn't and i have no way to check, and you use it as proof... of what? One person doesn't make a rule, even if they do exist.
I am saying, and i entirely stick by this... a) crypto is a s
t investment (now) and b) most people who say otherwise are talking st on purpose and c) many people who say they are crypto millionaires are absolutely talking about of their arses.
People lie but the blockchain doesn't. It is very easy to find out who owns wallet addresses if they have a public profile on Twitter or similar.I am saying, and i entirely stick by this... a) crypto is a s
t investment (now) and b) most people who say otherwise are talking st on purpose and c) many people who say they are crypto millionaires are absolutely talking about of their arses.I'll give you a couple.
This guy https://x.com/RealCryptoCoach lucked out with $XRP and here are some of his wallets https://linktr.ee/realcryptocoach
This guy https://x.com/0xSifu owns https://etherscan.io/address/0x5DD596C901987A2b28C... (use this link if its easier: https://debank.com/profile/0x5dd596c901987a2b28c38... )
Take a jump down the rabbit hole and see what you can find out about those two characters.
You could probably find my (meager) wallet addresses if you put enough effort in.
jesus christ how you can you people claim to be so intelligent and yet repeatedly fail to understand the point. I don't care about individual cases. I am not saying crypto millionaires don't exist, and i never have. I am just saying many people who claim to be are not.
However the more important point is that I am also not saying it is impossible to make money in crypto, but the vast majority of people who have just made money by buying in early. It is never going to get more popular than it is now, so that route is closed!!!! Therefore it is a wk investment for anyone new, because time machines do not exist, and in any case the growth potential from here is based on shill wk.
However the more important point is that I am also not saying it is impossible to make money in crypto, but the vast majority of people who have just made money by buying in early. It is never going to get more popular than it is now, so that route is closed!!!! Therefore it is a w
k investment for anyone new, because time machines do not exist, and in any case the growth potential from here is based on shill wk. Blown2CV said:
jesus christ how you can you people claim to be so intelligent and yet repeatedly fail to understand the point. I don't care about individual cases. I am not saying crypto millionaires don't exist, and i never have. I am just saying many people who claim to be are not.
However the more important point is that I am also not saying it is impossible to make money in crypto, but the vast majority of people who have just made money by buying in early. It is never going to get more popular than it is now, so that route is closed!!!! Therefore it is a wk investment for anyone new, because time machines do not exist, and in any case the growth potential from here is based on shill wk.
Thanks for letting us know, I’ll cash out now. However the more important point is that I am also not saying it is impossible to make money in crypto, but the vast majority of people who have just made money by buying in early. It is never going to get more popular than it is now, so that route is closed!!!! Therefore it is a w
k investment for anyone new, because time machines do not exist, and in any case the growth potential from here is based on shill wk. anyway here is a survey to enter s research project for BTC holders
https://www.userinterviews.com/projects/MkEGVbNLVQ...
it's paying $50 so more money that you'll make out of your BTC portfolio from now
https://www.userinterviews.com/projects/MkEGVbNLVQ...
it's paying $50 so more money that you'll make out of your BTC portfolio from now
Blown2CV said:
jesus christ how you can you people claim to be so intelligent and yet repeatedly fail to understand the point. I don't care about individual cases. I am not saying crypto millionaires don't exist, and i never have. I am just saying many people who claim to be are not.
However the more important point is that I am also not saying it is impossible to make money in crypto, but the vast majority of people who have just made money by buying in early. It is never going to get more popular than it is now, so that route is closed!!!! Therefore it is a wk investment for anyone new, because time machines do not exist, and in any case the growth potential from here is based on shill wk.
Why keep cluttering the thread then, its not going to change anything. Or you going to descend into insults of peoples intelligence too because they make different choices to you?However the more important point is that I am also not saying it is impossible to make money in crypto, but the vast majority of people who have just made money by buying in early. It is never going to get more popular than it is now, so that route is closed!!!! Therefore it is a w
k investment for anyone new, because time machines do not exist, and in any case the growth potential from here is based on shill wk. @Blown
ah got it, anyone who didn't invest in apple, coke, goog, amazn in the first year or 5 have stayed out of the market as those assets had run and there was no point in getting involved.
same with AI sector, it's had its day...better just invest in something that's been around for 50 years like a bank, they're solid, they won't go bust.
Guess the concept of an expondential age and investing in disruptive tech doesn't fall in your wheelhouse.
ah got it, anyone who didn't invest in apple, coke, goog, amazn in the first year or 5 have stayed out of the market as those assets had run and there was no point in getting involved.
same with AI sector, it's had its day...better just invest in something that's been around for 50 years like a bank, they're solid, they won't go bust.
Guess the concept of an expondential age and investing in disruptive tech doesn't fall in your wheelhouse.
greengreenwood7 said:
@Blown
ah got it, anyone who didn't invest in apple, coke, goog, amazn in the first year or 5 have stayed out of the market as those assets had run and there was no point in getting involved.
same with AI sector, it's had its day...better just invest in something that's been around for 50 years like a bank, they're solid, they won't go bust.
Guess the concept of an expondential age and investing in disruptive tech doesn't fall in your wheelhouse.
In the early days those mentiond above where high risk. ah got it, anyone who didn't invest in apple, coke, goog, amazn in the first year or 5 have stayed out of the market as those assets had run and there was no point in getting involved.
same with AI sector, it's had its day...better just invest in something that's been around for 50 years like a bank, they're solid, they won't go bust.
Guess the concept of an expondential age and investing in disruptive tech doesn't fall in your wheelhouse.
If you wish for safety try bayer, or any other pharma caompany, people will always get sick.
greengreenwood7 said:
@Blown
ah got it, anyone who didn't invest in apple, coke, goog, amazn in the first year or 5 have stayed out of the market as those assets had run and there was no point in getting involved.
same with AI sector, it's had its day...better just invest in something that's been around for 50 years like a bank, they're solid, they won't go bust.
Guess the concept of an expondential age and investing in disruptive tech doesn't fall in your wheelhouse.
In the early days those mentiond above where high risk.
If you wish for safety try bayer, or any other pharma caompany, people will always get sick.
@ Nick - not sure if yr comment was aimed in my direction?
If so, kind of missing my point - which is disruptive tech is where the big gains are able to be made ( and losses too)...not just in the early years, although that's when the upside growth is likely to be heaviest; But i was referring to the fact that even now big tech outperforms the rest of the market by a massive degree.
SO i was pointing out to Blown that one doesn't have to be on the train from the beginning, but just be on the right train.
@Blown
ah got it, anyone who didn't invest in apple, coke, goog, amazn in the first year or 5 have stayed out of the market as those assets had run and there was no point in getting involved.
same with AI sector, it's had its day...better just invest in something that's been around for 50 years like a bank, they're solid, they won't go bust.
Guess the concept of an expondential age and investing in disruptive tech doesn't fall in your wheelhouse.
In the early days those mentiond above where high risk.
If you wish for safety try bayer, or any other pharma caompany, people will always get sick.
@ Nick - not sure if yr comment was aimed in my direction?
If so, kind of missing my point - which is disruptive tech is where the big gains are able to be made ( and losses too)...not just in the early years, although that's when the upside growth is likely to be heaviest; But i was referring to the fact that even now big tech outperforms the rest of the market by a massive degree.
SO i was pointing out to Blown that one doesn't have to be on the train from the beginning, but just be on the right train.
greengreenwood7 said:
But i was referring to the fact that even now big tech outperforms the rest of the market by a massive degree.
SO i was pointing out to Blown that one doesn't have to be on the train from the beginning, but just be on the right train.
There are several technical (objectives) studies done on Bitcoin's historic returns and the summary is, resemblance of a leveraged long duration asset. You can compare a highly leveraged Nasdaq index and Bitcoin. The conclusion is , both highly risky, might blow up on both directions so I'm quite impressed to see some positions posted here (500k), quite ballsy moves all I can say, especially considering the current difficulties of using the earnings to buy a real asset like property in U.K. where source of fundings checks almost even require colonoscopy .. SO i was pointing out to Blown that one doesn't have to be on the train from the beginning, but just be on the right train.
ooid said:
greengreenwood7 said:
But i was referring to the fact that even now big tech outperforms the rest of the market by a massive degree.
SO i was pointing out to Blown that one doesn't have to be on the train from the beginning, but just be on the right train.
There are several technical (objectives) studies done on Bitcoin's historic returns and the summary is, resemblance of a leveraged long duration asset. You can compare a highly leveraged Nasdaq index and Bitcoin. The conclusion is , both highly risky, might blow up on both directions so I'm quite impressed to see some positions posted here (500k), quite ballsy moves all I can say, especially considering the current difficulties of using the earnings to buy a real asset like property in U.K. where source of fundings checks almost even require colonoscopy .. SO i was pointing out to Blown that one doesn't have to be on the train from the beginning, but just be on the right train.
@ Oooid......
quite ballsy moves all I can say, especially considering the current difficulties of using the earnings to buy a real asset like property in U.K. where source of fundings checks almost even require colonoscopy .
I'm not in the position of knowing about buying a property - BUT i'd be mighty surprised if it was a total struggle: have had to give new accountant chapter and verse for him to be able to deal with my crypto taxes, and once he's done them and they're 'certified' don't see how a solictor should have any issues:
source of initial investing money accounted for/source of profits - accounted for.
no diff really to proving that general trading account for equities isn't laundered funds....
quite ballsy moves all I can say, especially considering the current difficulties of using the earnings to buy a real asset like property in U.K. where source of fundings checks almost even require colonoscopy .
I'm not in the position of knowing about buying a property - BUT i'd be mighty surprised if it was a total struggle: have had to give new accountant chapter and verse for him to be able to deal with my crypto taxes, and once he's done them and they're 'certified' don't see how a solictor should have any issues:
source of initial investing money accounted for/source of profits - accounted for.
no diff really to proving that general trading account for equities isn't laundered funds....
Tonberry said:
People lie but the blockchain doesn't. It is very easy to find out who owns wallet addresses if they have a public profile on Twitter or similar.
I'll give you a couple.
This guy https://x.com/RealCryptoCoach lucked out with $XRP and here are some of his wallets https://linktr.ee/realcryptocoach
This guy https://x.com/0xSifu owns https://etherscan.io/address/0x5DD596C901987A2b28C... (use this link if its easier: https://debank.com/profile/0x5dd596c901987a2b28c38... )
Take a jump down the rabbit hole and see what you can find out about those two characters.
You could probably find my (meager) wallet addresses if you put enough effort in.
Are you saying it's possible to see how much crypto an individual has in their wallet?I'll give you a couple.
This guy https://x.com/RealCryptoCoach lucked out with $XRP and here are some of his wallets https://linktr.ee/realcryptocoach
This guy https://x.com/0xSifu owns https://etherscan.io/address/0x5DD596C901987A2b28C... (use this link if its easier: https://debank.com/profile/0x5dd596c901987a2b28c38... )
Take a jump down the rabbit hole and see what you can find out about those two characters.
You could probably find my (meager) wallet addresses if you put enough effort in.
AndrewT1275 said:
Tonberry said:
People lie but the blockchain doesn't. It is very easy to find out who owns wallet addresses if they have a public profile on Twitter or similar.
I'll give you a couple.
This guy https://x.com/RealCryptoCoach lucked out with $XRP and here are some of his wallets https://linktr.ee/realcryptocoach
This guy https://x.com/0xSifu owns https://etherscan.io/address/0x5DD596C901987A2b28C... (use this link if its easier: https://debank.com/profile/0x5dd596c901987a2b28c38... )
Take a jump down the rabbit hole and see what you can find out about those two characters.
You could probably find my (meager) wallet addresses if you put enough effort in.
Are you saying it's possible to see how much crypto an individual has in their wallet?I'll give you a couple.
This guy https://x.com/RealCryptoCoach lucked out with $XRP and here are some of his wallets https://linktr.ee/realcryptocoach
This guy https://x.com/0xSifu owns https://etherscan.io/address/0x5DD596C901987A2b28C... (use this link if its easier: https://debank.com/profile/0x5dd596c901987a2b28c38... )
Take a jump down the rabbit hole and see what you can find out about those two characters.
You could probably find my (meager) wallet addresses if you put enough effort in.
greengreenwood7 said:
@Blown
ah got it, anyone who didn't invest in apple, coke, goog, amazn in the first year or 5 have stayed out of the market as those assets had run and there was no point in getting involved.
same with AI sector, it's had its day...better just invest in something that's been around for 50 years like a bank, they're solid, they won't go bust.
Guess the concept of an expondential age and investing in disruptive tech doesn't fall in your wheelhouse.
well it's not that is it, because those shares have continued to grow, and potential investors can see their plans and figure out if they want to invest. With crypto it's totally different - if you ever wanted to make any money on it, you'd better have been one of those very lucky few who got in early, because yes there definitely is no point now. Also, it's not like anyone who was in early really considered it carefully. They just probably did it as a laugh. No more investing skill there than playing the lottery - probably less. Yet they all act like they are unicorn superhero financial traders.ah got it, anyone who didn't invest in apple, coke, goog, amazn in the first year or 5 have stayed out of the market as those assets had run and there was no point in getting involved.
same with AI sector, it's had its day...better just invest in something that's been around for 50 years like a bank, they're solid, they won't go bust.
Guess the concept of an expondential age and investing in disruptive tech doesn't fall in your wheelhouse.
Blown2CV said:
if you ever wanted to make any money on it, you'd better have been one of those very lucky few who got in early, because yes there definitely is no point now
Are you even living in the same reality as the rest of us? Billions being transferred to the blockchain every week. It's not about 'making money' anyway, forget that. Think about the long game...what happens when money is transferred to the blockchain? Whether third party managed or not, it is on the blockchain. It's not in the FIAT system, even if you value it against the FIAT system, it's on the blockchain.Research what that means. Think about the fact that it is recorded forever. Think about the impacts of that on debasement and money supply. Think about the requirements for a bank to secure that kind of value. It's a game changer in so many ways and it is being secured by an algorithm that is organically adapting to price, supply, demand...it's incredible.
If you think it's just a dumb punt on a 'number go up' lottery that's absolutely flying in the face of reason. I've been here for years and I haven't ever thought of bitcoin as a get rich quick scheme, it's a technology that is here to stay and IMHO will inevitably replace FIAT currencies for reasons you can find for yourself by reading more deeply into the subject matter.
Blown2CV said:
well it's not that is it, because those shares have continued to grow, and potential investors can see their plans and figure out if they want to invest. With crypto it's totally different - if you ever wanted to make any money on it, you'd better have been one of those very lucky few who got in early, because yes there definitely is no point now. Also, it's not like anyone who was in early really considered it carefully. They just probably did it as a laugh. No more investing skill there than playing the lottery - probably less. Yet they all act like they are unicorn superhero financial traders.
No different than taking a punt on specific stocks - Tesla anyone, massive rises, falls, rises - its how markets work. You might as well say stick cash under a pillow because its too late. Never mind the fact BTC isnt just about the investment potential.Why not come back in 5 years - see how this convo is going, since its still here and hasnt gone away.
You have a massive chip on your shoulder about the fact people have made money on it. What about the flip side that people are so much more aware of how markets are influenced, manipulated and what trading is about. Its helped move investing from a "minority" thing to a "majority" thing - the benefit being that the artificial nature of all financial investments are much more apparent to everyone.
Just because some people got lucky - how many people get lucky on the stockmarket - its not different. A reasoned argument is one thing, a constant chip on the shoulder because of luck is another thing.
Blown2CV said:
if you ever wanted to make any money on it, you'd better have been one of those very lucky few who got in early, because yes there definitely is no point now. Also, it's not like anyone who was in early really considered it carefully. They just probably did it as a laugh. No more investing skill there than playing the lottery - probably less. Yet they all act like they are unicorn superhero financial traders.
You really don't understand crypto / digital projects, or the links between say BTC and it's various proxies; Mentioned umpteen times in this thread Microstrategy, a 'proper' public company to name just one has moved from $250 a year ago to a high this year of $1900 and is now around the $16-1700 mark.Maybe you're confusing 10000% meme type gains vs 'usual' 3-4-500% gains that are achievable not with luck, but with a degree of conviction and research into the space. Be that thru proxies - ie/ stocks, or in the major L1 type projects.
The dig/crypto space is a disruptor, and disruptive tech/stocks is where the big gains can be made. Personally aside from the opp to invest in the space, am truly looking forward to seeing that disruption brought to the 'Trad' world.
Is there any mileage in starting a sh*tcoin sorry alt coin gambling thread on here ? This thread makes hard reading due to the arguments around bitcoins usefulness or otherwise. I couldn't care less about bitcoin but due to getting very lucky and piggy backing onto a friends punt one night at work, got a small amount of free money to play around with until it's all gone or i get lucky again
wc98 said:
Is there any mileage in starting a sh*tcoin sorry alt coin gambling thread on here ? This thread makes hard reading due to the arguments around bitcoins usefulness or otherwise. I couldn't care less about bitcoin but due to getting very lucky and piggy backing onto a friends punt one night at work, got a small amount of free money to play around with until it's all gone or i get lucky again
tbh i'd be into that. No matter what all the big clever investing boys say it is just gambling. Gassing Station | Finance | Top of Page | What's New | My Stuff