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Thread: Bitcoins are officially donkdown

  1. #8461
    Plutonium simpdog's Avatar
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    Quote Originally Posted by Sanlmar View Post
    When everything is a bubble there is no bubble.
    Do you remember when double digit returns were good for a year?

    Now we're debating 450% vs 817% returns.

  2. #8462
    Plutonium sonatine's Avatar
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    Quote Originally Posted by simpdog View Post
    Quote Originally Posted by Sanlmar View Post
    When everything is a bubble there is no bubble.
    Do you remember when double digit returns were good for a year?

    Now we're debating 450% vs 817% returns.

    there have always been 817% returns someplace.
    "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

  3. #8463
    Plutonium sonatine's Avatar
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    $450,000,000 liquidated from the cryptocurrency market in the past 60 minutes.
    "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

  4. #8464
    Plutonium sonatine's Avatar
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      Tellafriend: spot on
      
      Sanlmar: everyone inside the walls were murdered
    "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

  5. #8465
    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

  6. #8466
    Diamond Tellafriend's Avatar
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    i'm a neophyte with regard to crypto. this was an enjoyable and easy to understand primer for anyone interested and a beginner.


    https://twitter.com/Najanator/status/1867557928393486423

  7. #8467
    Plutonium Sanlmar's Avatar
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    They repeated referred to bitcoin as “money”. At that point I clicked off. It’s a commodity.

    No one ever bought anything with bitcoin

    Gold isn’t money either

    I remember CNBC. I’m that old

  8. #8468
    Diamond Tellafriend's Avatar
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    Quote Originally Posted by Sanlmar View Post
    They repeated referred to bitcoin as “money”. At that point I clicked off. It’s a commodity.

    No one ever bought anything with bitcoin

    Gold isn’t money either

    I remember CNBC. I’m that old

    is the stock market a commodity market now?

  9. #8469
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Tellafriend View Post
    Quote Originally Posted by Sanlmar View Post
    They repeated referred to bitcoin as “money”. At that point I clicked off. It’s a commodity.

    No one ever bought anything with bitcoin

    Gold isn’t money either

    I remember CNBC. I’m that old

    is the stock market a commodity market now?
    I think you are I need of some healing commodity entertainment. Something hydrocarbon related.

    You watching Landman btw?

    Gimme a second

  10. #8470
    Plutonium Sanlmar's Avatar
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    I learned some fun tidbits with this doc. I loved it tbh but I’m not your average bear.

    This will satisfy your nostalgia for the pandemic too. Good times. Kalem was telling me how life has never been better. Our favorite fade

    While you are watching harken back to “everyone” including Trump talking about how commodity traders had taken advantage of the market and driven the price down. It was far simpler to explain.

    Curating your feed requires your feedback.


  11. #8471
    Plutonium sonatine's Avatar
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    $655,000,000 liquidated in the last 24 hours.
    "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

  12. #8472
    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

  13. #8473
    Hurricane Expert tgull's Avatar
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    Bitcoin is truly remarkable. People actually invest in a mathematical algorithm. One day, and I believe the fuse is short, its going to be like year 2000 when everyone dumped just about every dot com stock because they were worthless. Now, I caveat that, if bitcoin is simply treated as a gambling instrument, then that is different. Casinos effectively have no intrinsic value other than people like to gamble. If bitcoin becomes that, so be it. I forget there are 8 Billion people in the world now, it only takes a few million people to give something adoption, you only need .005% of the population for something to take hold. For me, I just could never imagine selling my house and then buying say 5 bitcoin. But whatever.

  14. #8474
    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

  15. #8475
    Platinum 1dollarboxcar's Avatar
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  16. #8476
    Plutonium sonatine's Avatar
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    Quote Originally Posted by sonatine View Post

    "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

  17. #8477
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    Quote Originally Posted by sonatine View Post
    $655,000,000 liquidated in the last 24 hours.
    Epic cope FTW…

  18. #8478
    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

  19. #8479
    Plutonium sonatine's Avatar
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    fuck yeah boys lets get it
    "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

  20. #8480
    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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