Bitcoins are officially donkdown

Quote:

---

Originally Posted by Dan Druff

Quote:

---

Originally Posted by chinamaniac

I believe Micon has a very large stash of BTC or crypto. Here is why

Reggiman came on here a few years back and said Micon has more BTC than anyone he knows or something like that and I have never known him to be a liar. I still know a few people close to Micon and it seems to be a general consensus that he is very wealthy from crypto and bitcoin "more than 8 figures easily"

Do you know for a fact he traded in all his BTC for BTC Cash? From what I gather , a lot of people close to that situation knew there was a pump coming and dumped a lot of the BCH at the peak. Remember if you held xxxx btc you got xxxx for "free" in BCH. That was a huge pump and dump but whether he went all in on BCH I have no idea. Seems when he went on Polks podcast he seemed to be giving advice of trying a little bit of this and that and wasnt all in on BCH unless I am not remembering correctly.

Today 10 Million is 300 BTC or so. Does anyone really find it hard to believe Micon has 300 BTC? Id guess way more

---

Not sure if you listened to radio tonight, but I think Micon has very little BTC and a lot of BTC Cash. He wasn't like the rest of us who just thought, "Oh sweet, I get another coin which automatically duplicates my BTC store". You and I sold it off, because we had no emotional connection to it. Micon became a good friend of Roger Ver, and kept going on circa December 2017 regarding how great BTC Cash was, and how terrible bitcoin was. He repeatedly bashed bitcoin on his Twitter.

He accurately predicted, "Public gonna get rekt in 2018" in late December 2017, but I think he felt BTC was going to crash, and that Ethereum and others were going to flop, but that BTC Cash was going to emerge king.

.

---

I took this is everyone was going to get wrecked who bought when crypto hit the top of the mountain

Quote:

---

Originally Posted by chinamaniac

Quote:

---

Originally Posted by Dan Druff

Not sure if you listened to radio tonight, but I think Micon has very little BTC and a lot of BTC Cash. He wasn't like the rest of us who just thought, "Oh sweet, I get another coin which automatically duplicates my BTC store". You and I sold it off, because we had no emotional connection to it. Micon became a good friend of Roger Ver, and kept going on circa December 2017 regarding how great BTC Cash was, and how terrible bitcoin was. He repeatedly bashed bitcoin on his Twitter.

He accurately predicted, "Public gonna get rekt in 2018" in late December 2017, but I think he felt BTC was going to crash, and that Ethereum and others were going to flop, but that BTC Cash was going to emerge king.

.

---

I took this is everyone was going to get wrecked who bought when crypto hit the top of the mountain

---

It was, but if you think about it, that also means ANYONE holding crypto would get "rekt" and would be best off selling and rebuying in later.

And it appears he didn't do that. Looks like he felt the other ones would crash, but BTC Cash would emerge on top.

BTW, right after I mocked BTC Cash on radio this week for being flat for the past 11 months, it popped up 24%.

Tine- would you give a cursory look at grbx? I don’t understand blockchain anything. Is this stuff for real or just another pipe dream?

Quote:

---

Originally Posted by Tellafriend

Tine- would you give a cursory look at grbx? I don’t understand blockchain anything. Is this stuff for real or just another pipe dream?

---

exhibit a) they run fucking wordpress.


i dont know anything about their technology and lets be honest; anyone doing blockchain shit can get funding and go viral so im not telling you the stock wont go up.


but yeah i mean... if these guys cant run a real website, i have reservations about trusting them as a fintech.

Quote:

---

Originally Posted by sonatine

Quote:

---

Originally Posted by Tellafriend

Tine- would you give a cursory look at grbx? I don’t understand blockchain anything. Is this stuff for real or just another pipe dream?

---

exhibit a) they run fucking wordpress.


i dont know anything about their technology and lets be honest; anyone doing blockchain shit can get funding and go viral so im not telling you the stock wont go up.


but yeah i mean... if these guys cant run a real website, i have reservations about trusting them as a fintech.

---

Your input is always appreciated.

https://twitter.com/neiljacobs/statu...559580162?s=21

Quote:

---

Originally Posted by Tellafriend

https://twitter.com/neiljacobs/statu...559580162?s=21

---

and yet, the 2 things that brought us the last 10k in price movement is pornhub and institutional investment portfolios.

:popcorn

Quote:

---

Originally Posted by chinamaniac

Quote:

---

Originally Posted by Dan Druff

I believe Micon has very little BTC.

He went all-in on Bitcoin Cash a few years ago. This is partially due to the fact that he worships Roger Ver, who is a prominent figure in the Bitcoin Cash scene. Remember when Micon was pictured on a private jet? That belonged to Roger Ver. I believe he traded all of his BTC in for Bitcoin Cash, around the time of the fork.

Unfortunately for Micon, Bitcoin Cash hasn't seen the 2020 appreciation which bitcoin has. Bitcoin Cash is actually LOWER now than it was in mid-February, but bitcoin has tripled since then.

I believe most of Micon's net worth came from accumulating BTC while running Seals (including its successor which was supposedly run by someone else). I don't believe it came from being an early adopter of bitcoin, and then sitting on them.

Strangely enough, from what I knew of Micon's personality at the time, he could be astoundingly rich if he just didn't have a gambling problem. He was a staunch believer in bitcoin in 2011 when it was $5, but he shot off all or most of them gambling. Otherwise, he's totally the type who I could have seen holding them, believing they'd be worth $100k each one day. Amazingly, we're more than 25% of the way there.

I think he'd be broke if it weren't for Seals. However, since Seals fed him a constant stream of BTC, and BTC rose dramatically during that time, that probably set him up for life.

That's my best guess.

---

I believe Micon has a very large stash of BTC or crypto. Here is why

Reggiman came on here a few years back and said Micon has more BTC than anyone he knows or something like that and I have never known him to be a liar. I still know a few people close to Micon and it seems to be a general consensus that he is very wealthy from crypto and bitcoin "more than 8 figures easily"

Do you know for a fact he traded in all his BTC for BTC Cash? From what I gather , a lot of people close to that situation knew there was a pump coming and dumped a lot of the BCH at the peak. Remember if you held xxxx btc you got xxxx for "free" in BCH. That was a huge pump and dump but whether he went all in on BCH I have no idea. Seems when he went on Polks podcast he seemed to be giving advice of trying a little bit of this and that and wasnt all in on BCH unless I am not remembering correctly.

Today 10 Million is 300 BTC or so. Does anyone really find it hard to believe Micon has 300 BTC? Id guess way more

---

A lot of people in the poker community have 300+ BTC basically on accident. Micon, owing a poker site denominated in BTC + being an early adopter of crypto probably means he has plenty.

Ok, so I am a total noob when it comes to Bitcoin. If someone wanted to get some decent info on it, not hype, where should they look? Also, which exchange is the safest?

Quote:

---

Originally Posted by Cerveza Fria

Ok, so I am a total noob when it comes to Bitcoin. If someone wanted to get some decent info on it, not hype, where should they look? Also, which exchange is the safest?

---

ill answer the 2nd question...i use kraken for all my transactions and am very pleased...very low fees to transact compared to coinbase...never had trouble getting fiat off the site and into my bank account after i was verified...

Quote:

---

Originally Posted by Cerveza Fria

Ok, so I am a total noob when it comes to Bitcoin. If someone wanted to get some decent info on it, not hype, where should they look? Also, which exchange is the safest?

---

Not this thread.

https://pbs.twimg.com/media/ErUVxplW...png&name=small

Quote:

---

Originally Posted by GambleBotsChafedPenis

Quote:

---

Originally Posted by Cerveza Fria

Ok, so I am a total noob when it comes to Bitcoin. If someone wanted to get some decent info on it, not hype, where should they look? Also, which exchange is the safest?

---

ill answer the 2nd question...i use kraken for all my transactions and am very pleased...very low fees to transact compared to coinbase...never had trouble getting fiat off the site and into my bank account after i was verified...

---

I tried to hook up with Gemini got all the way to cvc code and said unautherized account never responded to voice mail or email. Will check out kraken.

Quote:

---

Originally Posted by sonatine

https://pbs.twimg.com/media/ErUVxplW...png&name=small

---

HSBC launders money for Mexican drug cartels.

They also move money for Saudi banks tied to terrorist groups.


https://i1.wp.com/boingboing.net/wp-...3_z1.jpg?w=970

HSBC is indeed shit.

In other news, BTC took a haircut today, dropping 12.5% of value.

sonatine so worked up about right wingers on this site that he missed one of the best Kermiting opportunities in awhile

Quote:

---

Originally Posted by Dan Druff

sonatine so worked up about right wingers on this site that he missed one of the best Kermiting opportunities in awhile

---

i know, i was considering hitting a kermit at 10% but i feel like its going to be more meaningful at 15.

Quote:

---

Originally Posted by sonatine

Quote:

---

Originally Posted by Dan Druff

sonatine so worked up about right wingers on this site that he missed one of the best Kermiting opportunities in awhile

---

i know, i was considering hitting a kermit at 10% but i feel like its going to be more meaningful at 15.

---

The Dead Kermit Society

https://i.pinimg.com/originals/fc/b7...ad655c063d.gif