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#326 (permalink) |
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Senior Member
Join Date: Feb 2002
Posts: 6,142
Internets: 284753
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Just how rich do you think FC is now?
Assuming he has hundreds if not thousands of bitcoins. I think he’s probably transcended London Money. Probably the richest cocksucker any of us will ever know. |
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#328 (permalink) | |
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COME ON YOU YANKS
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Quote:
DJ FC, the visionary. He mentioned having 3600 at one point, but also selling off a portion here and there. | |
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#331 (permalink) |
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Senior Member
Join Date: Feb 2002
Posts: 6,142
Internets: 284753
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I’m going to set aside a lot more than $100 per month. The only way a pleb like me will ever be independently wealthy is if I stop wasting money on bullshit and start buying things with value, basically cryptos, bullion, and guns and ammo.
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#335 (permalink) |
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Senior Member
Join Date: Feb 2002
Posts: 6,142
Internets: 284753
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I own 1 Litecoin, 0.02098 Ethereum, 1.52595112 Monero (yall should look into this one, better than bitcoin, completely anonymous and untraceable transactions, faster, etc), and my bit of Bitcoin. I can't believe I didn't get into this shit back in the day...literally suicide inducing thoughts. It's not too late though. I'm in now and I'm going balls deep.
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#338 (permalink) |
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Senior Member
Join Date: Feb 2002
Posts: 6,142
Internets: 284753
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My bank won’t stop fucking me in the ass. I bought coins at 9797 a week ago and hey canceled my transaction. I tried to buy again this morning when it was $15k and they rejected it. I’m literally going to kill someone.
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#344 (permalink) |
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Level 20 Holothetan
Join Date: Dec 2002
Location: Space
Posts: 5,245
Internets: 210144
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I think I found a book that will fully explain Bitcoin.
![]() https://www.amazon.com/gp/aw/d/B073N...b_digital-text |
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#345 (permalink) |
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Senior Member
Join Date: Feb 2002
Posts: 6,142
Internets: 284753
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So bitcoin futures market opens on Monday. We’re all about to get screwed by FC and his buddies on Wall Street. A futures contract is a derivative financial instrument that is essentially a contract to buy an asset in the future at a price dictated in the contract. It is used as a hedge against falling prices. It is a short market position. You are betting on the price to drop.
I’m a little worried that the recent bull run was caused by institutional investors pumping btc up before they buy a shit ton of futures contracts on Monday, sell off all of their btc, and watch the price crash. Of course this isn’t definitive. It could just be a way to hedge against the volatility in bitcoin price. |
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#346 (permalink) |
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COME ON YOU YANKS
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Why did BTC boom and then [sorta] bust in the 2 day period if that's the case, though?
I get what you're saying and I don't necessarily disagree. I just think that this is the type of thing where really very, very few people actually know wtf is going on and what is going to happen, and 99.99% of the people you see making predictions are not those people. In short: Hodl. |
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