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Thread: Bitcoins are officially donkdown

  1. #6661
    Platinum Krypt's Avatar
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    LIMIT DOWN LOOP DE LOOP REVERSION BLOODBATH

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    Quote Originally Posted by Krypt View Post
    LIMIT DOWN LOOP DE LOOP REVERSION BLOODBATH
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    Plutonium sonatine's Avatar
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    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

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    Plutonium big dick's Avatar
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    Quote Originally Posted by Krypt View Post
    Quote Originally Posted by Krypt View Post
    LIMIT DOWN LOOP DE LOOP REVERSION BLOODBATH
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Views: 749
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    Those poor kids parents should be charged with a crime. That is child abuse.

    Wonder if druff thinks thoses kids are fat because they were born fat?

  6. #6666
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    Quote Originally Posted by big dick View Post
    Quote Originally Posted by Krypt View Post

    Name:  2BF7FD96-2AB5-4AA6-954E-CB420A3BBE1B.jpeg
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    Those poor kids parents should be charged with a crime. That is child abuse.

    Wonder if druff thinks thoses kids are fat because they were born fat?

    wow big dick is an absolute trainwreck rn responding to 2 week old memes

  7. #6667
    Plutonium big dick's Avatar
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    Poor dish doesn't even realize he has battered wife syndrome. Someday you will look back and realize how foolish you have been acting for the last 5 years.


    You are an idiot because only an idiot would blindly follow one man and never question him

  8. #6668
    Diamond Tellafriend's Avatar
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    So there is an etf for bitcoin which I don’t really understand. I don’t know much about bitcoin beyond what I’ve read here. Would an etf make sense for someone like me who lacks a wallet etc ?

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    Quote Originally Posted by MrTickle View Post
    7200

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    Diamond TheXFactor's Avatar
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    It won't be long before John McAfee eats his own dick.


  11. #6671
    Owner Dan Druff's Avatar
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    Been hanging around 7100 this morning.

    Not sure at what point I cut bait. I got about $14k worth at $8600, it crashed to $3800 and I held on, now it's back almost double of the low point.

    Would love to see it return to $8600 again, but I also realize another crash isn't inconceivable the next time some ponzi scheme wants to dump all its coin.

  12. #6672
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    Quote Originally Posted by Tellafriend View Post
    So there is an etf for bitcoin which I don’t really understand. I don’t know much about bitcoin beyond what I’ve read here. Would an etf make sense for someone like me who lacks a wallet etc ?

    bump. anyone got anything to contribute here?

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    Quote Originally Posted by sonatine View Post
    This is the greatest Kermit pic you've posted yet, and so 1970s it hurts.

  14. #6674
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    Quote Originally Posted by Tellafriend View Post
    Quote Originally Posted by Tellafriend View Post
    So there is an etf for bitcoin which I don’t really understand. I don’t know much about bitcoin beyond what I’ve read here. Would an etf make sense for someone like me who lacks a wallet etc ?

    bump. anyone got anything to contribute here?
    GBTC> 7.49 i got in at 12... ouch/..it does not replace a wallet.. I am on Coinbase and want to start a wallet and do my 1st crypto xfer w/ Druff.
    I know it is the future.

    TELLAFRIEND>>>>>
    GBTC Company Overview
    Grayscale Bitcoin Trust (BTC), formerly Bitcoin Investment Trust, holds bitcoins and, from time to time, issues creation baskets in exchange for deposits of bitcoins and distributes bitcoins in connection with redemption baskets. The activities of the Trust includes issuing Baskets in exchange for bitcoins deposited by the authorized participants or liquidity providers, as applicable, with the custodian as consideration and transferring actual bitcoins as necessary to cover the combined fee and selling bitcoins as necessary to pay extraordinary fees. The activities of the Trust also includes transferring actual bitcoins in exchange for Baskets surrendered for redemption by the authorized participants, causing the sponsor to sell bitcoins on the termination of the Trust. The Trust also engages in all administrative and custodial procedures necessary to accomplish such activities in accordance with the provisions of the trust agreement.
    Company Contact

    Headquarters

    250 PARK AVENUE SOUTH
    New York, NY 10003

    https://grayscale.co/bitcoin-trust/
    Last edited by shoeshine box; 04-17-2020 at 11:02 PM. Reason: I Can see the Bldg.

  15. #6675
    Diamond Tellafriend's Avatar
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    Quote Originally Posted by shoeshine box View Post
    Quote Originally Posted by Tellafriend View Post


    bump. anyone got anything to contribute here?
    GBTC> 7.49 i got in at 12... ouch/..it does not replace a wallet.. I am on Coinbase and want to start a wallet and do my 1st crypto xfer w/ Druff.
    I know it is the future.

    TELLAFRIEND>>>>>
    GBTC Company Overview
    Grayscale Bitcoin Trust (BTC), formerly Bitcoin Investment Trust, holds bitcoins and, from time to time, issues creation baskets in exchange for deposits of bitcoins and distributes bitcoins in connection with redemption baskets. The activities of the Trust includes issuing Baskets in exchange for bitcoins deposited by the authorized participants or liquidity providers, as applicable, with the custodian as consideration and transferring actual bitcoins as necessary to cover the combined fee and selling bitcoins as necessary to pay extraordinary fees. The activities of the Trust also includes transferring actual bitcoins in exchange for Baskets surrendered for redemption by the authorized participants, causing the sponsor to sell bitcoins on the termination of the Trust. The Trust also engages in all administrative and custodial procedures necessary to accomplish such activities in accordance with the provisions of the trust agreement.
    Company Contact

    Headquarters

    250 PARK AVENUE SOUTH
    New York, NY 10003

    https://grayscale.co/bitcoin-trust/

    yes. this is the etf i have been looking at. i guess i'm just dense on the subject. i am not sure i understand what i am buying and how safe it is apart from price fluctuation.

  16. #6676
    Plutonium sonatine's Avatar
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    so GBTC cant be shorted, it has no options, a disproportionate number of its big moves take place off-market, and not that ive spent a whole lot of time on it so far but i cant find a single study that models its behavior predictively in short or long term contexts... also it seems a little disconnected from the movement of its underlying security (bitcoin price), which is offputting, but perhaps im just not reading the numbers right..
    "Birds born in a cage think flying is an illness." - Alejandro Jodorowsky

    "America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs

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    Quote Originally Posted by TheXFactor View Post
    Exactly the Kermit I've been waiting for.

    Glad I didn't panic sell.

    Time to bag it.

    8600 -> 3800 -> 8800

  19. #6679
    Owner Dan Druff's Avatar
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    Well I sold it off a little above 8900.

    Hit the wrong button on Binance and accidentally sold it for Tether (a stablecoin) instead of USD. So I paid commission twice as I sold Tether for USD. Oops. I wish they didn't list Tether as USDT because it looks too similar to USD. At least their commission is low (0.075%).

    Was about to do a big cashout from poker but had a big downswing the past week, so that's out the window. Oh well. At least I got the value back from my last cashout.

     
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  20. #6680
    Silver jacosta24's Avatar
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