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Re: Bitcoin clears 20k [Re: jtg] #7239908
04/10/21 11:50 AM
04/10/21 11:50 AM
Joined: Mar 2007
Posts: 35,124
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 35,124
McGrath, AK


I have to agree with Dalio


Mean As Nails
Re: Bitcoin clears 20k [Re: SNIPERBBB] #7242038
04/13/21 06:56 AM
04/13/21 06:56 AM
Joined: May 2010
Posts: 10,421
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,421
mn north of blakely
Nice little move up in the AM


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Bitcoin clears 20k [Re: SNIPERBBB] #7242043
04/13/21 07:09 AM
04/13/21 07:09 AM

M
Mark June
Unregistered
Mark June
Unregistered
M



We are in uncharted waters, but world history shows us the wealthy get more wealthy amidst economic swings in all directions.
So make sure you're amongst the top percentile on the leader board and you should be fine.

Re: Bitcoin clears 20k [Re: SNIPERBBB] #7242086
04/13/21 08:22 AM
04/13/21 08:22 AM
Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
trapper

Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
63k atn

Re: Bitcoin clears 20k [Re: SNIPERBBB] #7244878
04/16/21 03:55 PM
04/16/21 03:55 PM
Joined: May 2010
Posts: 10,421
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,421
mn north of blakely
Sniper, are you riding the DOGE wave?


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Bitcoin clears 20k [Re: SNIPERBBB] #7244888
04/16/21 04:18 PM
04/16/21 04:18 PM
Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
trapper

Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
Nope. I'm sticking to the ones that have actual usage. Doge is the meme stock of cryptos and created as a joke.

Re: Bitcoin clears 20k [Re: SNIPERBBB] #7286061
06/14/21 09:21 AM
06/14/21 09:21 AM
Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
trapper

Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
Creeping back up.

Re: Bitcoin clears 20k [Re: SNIPERBBB] #7286064
06/14/21 09:27 AM
06/14/21 09:27 AM
Joined: Jan 2016
Posts: 1,496
Louisiana
AirportTrapper Offline
trapper
AirportTrapper  Offline
trapper

Joined: Jan 2016
Posts: 1,496
Louisiana
Doubt it gets back to where it was.


If it makes a track on this earth , I can catch it.
Re: Bitcoin clears 20k [Re: AirportTrapper] #7286074
06/14/21 09:37 AM
06/14/21 09:37 AM
Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
trapper

Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
Originally Posted by AirportTrapper
Doubt it gets back to where it was.
Maybe buts it's blown past it's highs every time it's crashed.

Re: Bitcoin clears 20k [Re: SNIPERBBB] #7286108
06/14/21 10:19 AM
06/14/21 10:19 AM
Joined: Apr 2014
Posts: 7,081
MO
cfowler Offline
trapper
cfowler  Offline
trapper

Joined: Apr 2014
Posts: 7,081
MO
It’s interesting to watch. Kind-of like a game of musical chairs on the Titanic. The cyber-ether world scares me. I like dealing in tangibles. .


I trap for fun. I skin 'em for the money!
Grinners For Life-Lifetime Member, MO Chapter, Den #1
~You Grin, You're In~
Re: Bitcoin clears 20k [Re: SNIPERBBB] #7286112
06/14/21 10:21 AM
06/14/21 10:21 AM
Joined: Apr 2014
Posts: 7,081
MO
cfowler Offline
trapper
cfowler  Offline
trapper

Joined: Apr 2014
Posts: 7,081
MO
What will Elon whisper next???


I trap for fun. I skin 'em for the money!
Grinners For Life-Lifetime Member, MO Chapter, Den #1
~You Grin, You're In~
Re: Bitcoin clears 20k [Re: SNIPERBBB] #7286123
06/14/21 10:37 AM
06/14/21 10:37 AM
Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
trapper

Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
Saw this morning he said Tesla would take take Bitcoin again if miners used cleaner energy

Re: Bitcoin clears 20k [Re: cfowler] #7286191
06/14/21 12:25 PM
06/14/21 12:25 PM
Joined: Jul 2016
Posts: 296
NE Wisconsin
DecoyMacoy Offline
trapper
DecoyMacoy  Offline
trapper

Joined: Jul 2016
Posts: 296
NE Wisconsin
Originally Posted by cfowler
It’s interesting to watch. Kind-of like a game of musical chairs on the Titanic. The cyber-ether world scares me. I like dealing in tangibles. .



I'm guessing the reason you like tangibles is not because you're Scrooge McDuck and want to swan dive into gold/silver coins but more likely you don't fully trust others to custody your wealth/valuables and you highly regard private property rights.

Well, me too. That's why I love Bitcoin so much. I can (and do) easily custody in such a manner than even a State actor would have a very difficult time stealing from me. Same with moving to a new jurisdiction, if needed. I'm also easily able to assay my holdings myself using a cheap mini computer and open source software.

Best of luck to you.

Re: Bitcoin clears 20k [Re: SNIPERBBB] #7286212
06/14/21 01:09 PM
06/14/21 01:09 PM
Joined: Jul 2016
Posts: 296
NE Wisconsin
DecoyMacoy Offline
trapper
DecoyMacoy  Offline
trapper

Joined: Jul 2016
Posts: 296
NE Wisconsin
Originally Posted by SNIPERB🦝
Saw this morning he said Tesla would take take Bitcoin again if miners used cleaner energy


Taking Musk at his words, its weird to me how he (via his company Tesla) owns 1.5Billion USD worth of BTC yet doesn't understand it. He makes the complete rookie mistake of conflating Bitcoin's energy usage with its on-chain transactions. The energy usage secures the network as a whole at all times (including Tesla's 43k BTC), not individual transactions. Also, many transactions are now happening on 2nd layers. Unless maybe he does understand it but is purposely spreading lies to use hos weird cult-like celebrity status to move markets.

I'm hoping he puts his money where his mouth is and dumps his BTC. Short term the price would surely take a hit but a long term cleanse of this big gov carbon credit crony would be fantastic.


Last edited by DecoyMacoy; 06/14/21 02:07 PM.
Re: Bitcoin clears 20k [Re: SNIPERBBB] #7286215
06/14/21 01:16 PM
06/14/21 01:16 PM
Joined: Mar 2007
Posts: 35,124
McGrath, AK
W
white17 Offline

"General (Mr.Sunshine) Washington"
white17  Offline

"General (Mr.Sunshine) Washington"
W

Joined: Mar 2007
Posts: 35,124
McGrath, AK
I would not be surprised to see the SEC or similar start to look at Musk with an eye toward market manipulation.

Pretty clear that he is trying to tweet his way to profitability at TSLA.

If it weren't for selling RIN's to refiners and other car companies and the BTC on his balance sheet, TSLA would not show a profit from building cars.

He's supposed to be some whiz kid engineer who just recently realized how much energy is used mining bitcoin ???? Come on man !!


Mean As Nails
Re: Bitcoin clears 20k [Re: SNIPERBBB] #7286222
06/14/21 01:21 PM
06/14/21 01:21 PM
Joined: Apr 2014
Posts: 7,081
MO
cfowler Offline
trapper
cfowler  Offline
trapper

Joined: Apr 2014
Posts: 7,081
MO
DecoyMacoy, I love personal freedom and free enterprise. If you find it in Bitcoin, I wish you well.


I trap for fun. I skin 'em for the money!
Grinners For Life-Lifetime Member, MO Chapter, Den #1
~You Grin, You're In~
Re: Bitcoin clears 20k [Re: white17] #7286243
06/14/21 01:37 PM
06/14/21 01:37 PM
Joined: Jul 2016
Posts: 296
NE Wisconsin
DecoyMacoy Offline
trapper
DecoyMacoy  Offline
trapper

Joined: Jul 2016
Posts: 296
NE Wisconsin
Originally Posted by white17
I would not be surprised to see the SEC or similar start to look at Musk with an eye toward market manipulation.

Pretty clear that he is trying to tweet his way to profitability at TSLA.

If it weren't for selling RIN's to refiners and other car companies and the BTC on his balance sheet, TSLA would not show a profit from building cars.

He's supposed to be some whiz kid engineer who just recently realized how much energy is used mining bitcoin ???? Come on man !!


Won't happen (in any meaningful way). The SEC (Fed Gov) and Musk are on the same team. This team simply wants more power/more control.

Musk plays the part of weird genius out to save the world in the name of "green" energy and in return gets direct access to the biggest honeypot the world has even known, the US Dollar.

Re: Bitcoin clears 20k [Re: DecoyMacoy] #7286252
06/14/21 01:46 PM
06/14/21 01:46 PM
Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
trapper

Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
Originally Posted by DecoyMacoy
Originally Posted by SNIPERB🦝
Saw this morning he said Tesla would take take Bitcoin again if miners used cleaner energy


Taking Musk at his words, its weird to me how he owns 1.5Billion USD worth of BTC yet doesn't understand it. He makes the complete rookie mistake of conflating Bitcoin's energy usage with its on-chain transactions. The energy usage secures the network as a whole at all times (including Tesla's 43k BTC), not individual transactions. Also, many transactions are now happening on 2nd layers. Unless maybe he does understand it but is purposely spreading lies to use hos weird cult-like celebrity status to move markets.

I'm hoping he puts his money where his mouth is and dumps his BTC. Short term the price would surely take a hit but a long term cleanse of this big gov carbon credit crony would be fantastic.


I don't think Elon owns Bitcoin himself. That big purchase was by Tesla which is a publicly traded company.

Re: Bitcoin clears 20k [Re: SNIPERBBB] #7286254
06/14/21 01:47 PM
06/14/21 01:47 PM
Joined: May 2010
Posts: 10,421
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 10,421
mn north of blakely
Originally Posted by SNIPERB🦝
Originally Posted by AirportTrapper
Doubt it gets back to where it was.
Maybe buts it's blown past it's highs every time it's crashed.

60,000 will be in the rearview mirror someday


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: Bitcoin clears 20k [Re: white17] #7286255
06/14/21 01:47 PM
06/14/21 01:47 PM
Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
SNIPERBBB Offline OP
trapper
SNIPERBBB  Offline OP
trapper

Joined: Dec 2006
Posts: 17,548
Rodney,Ohio
Originally Posted by white17


He's supposed to be some whiz kid engineer who just recently realized how much energy is used mining bitcoin ???? Come on man !!


Elon is a global warming nut which is why he says he's trying to colonize Mars.

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