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Thread: Bitcoins are officially donkdown

  1. #8561
    Platinum FRANKRIZZO's Avatar
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    Holly shit!!!! I haven't checked since around October it was 75 k then, really amazing at 125k.

  2. #8562
    Diamond Tellafriend's Avatar
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    Quote Originally Posted by sonatine View Post
    SEC Chair: SEC announces launch of project crypto initiative to modernize securities rules and move markets on-chain.


    do you see a long term play here?

     
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      The Boz: Looking to fade the clown that started this thread?

  3. #8563
    Plutonium sonatine's Avatar
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    Quote Originally Posted by Tellafriend View Post
    Quote Originally Posted by sonatine View Post
    SEC Chair: SEC announces launch of project crypto initiative to modernize securities rules and move markets on-chain.


    do you see a long term play here?


    market making on new dexs. i was going to say short perps on bloated shitcoins but much smarter and more well funded people than me have gotten swept trying.

     
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      Tellafriend: way, way above my pay grade.
    "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. #8564
    Plutonium sonatine's Avatar
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    some team showed up at a new dex and literally just opened/closed positions until they bled off like low 8 figures to the spread.

    apparently they will be getting an airdrop worth like a solid billion united fucking states dollars.

    like i cant imagine how to chart a long term profitable play here, least of all because theres a bunch of super realistic scenarios where all this goes to shit.

    but people are making their fortunes now and the thing they all have in common is they are seeking the edge cases like vol farming or stat-arb etc.

    it wont last because it never does but if you can whet your beak in the right stream, you will never be thirsty again.

     
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      The Boz: Chili eating fat fuck!
    "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. #8565
    Plutonium sonatine's Avatar
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    or sell shovels; start a dex. ill bet you there will be gov subsidies for it sooner than later.
    "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. #8566
    Platinum 1dollarboxcar's Avatar
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    https://finance.yahoo.com/news/bitco...130149290.html


    Major cryptocurrencies and crypto-related stocks were rallying early Thursday ahead of President Trump's expected signing of an executive order that would allow alternative assets like cryptocurrencies and private equity into the retirement accounts of millions of Americans.

    Bitcoin (BTC-USD) rose more than 2% near 9:00 a.m. ET on Thursday, while ether (ETH-USD) and XRP (XRP-USD) were both up more than 4%. Shares of Coinbase (COIN), the biggest publicly traded crypto exchange, were up as much as 3%. Robinhood (HOOD) and Strategy (MSTR) shares each rose more than 1.5%.

    President Trump's executive order, expected to be signed around 12:00 p.m. ET on Thursday, according to Reuters, will direct the Securities and Exchange Commission (SEC) to facilitate the use of alternative assets in 401(k) plans and other retirement accounts.

    The order would mark a major shift in retirement investments, opening up the traditionally staid industry to more speculative and sometimes illiquid investments. Typically, most 401(k) participants are offered a mix of stock or bond funds or index products in which to invest.

    was gonna try and sell my ETH at $4k or at least half of it, it got real close about 2 weeks ago and is real close again... probably gonna reevaluate as it gets closer to $5k now... just have to see how quick the price goes up if/after he signs... maybe 6k is not out of the question in the short to midterm...??

  7. #8567
    Gold The Boz's Avatar
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    Just another thing the chili eating fat fuck that has no life or real friends was wrong about.

    Still Druff’s shame and human garbage.

  8. #8568
    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

  9. #8569
    Gold The Boz's Avatar
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    Quote Originally Posted by sonatine View Post
    Unlike you, this is by choice.

    While you sit on your fat ass daily alone not working.

    Pure human garbage!

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