Nathan R. Jessep
Footballguy

Coinbase Launches International Exchange with Bitcoin and Ethereum Perpetual Futures - Decrypt
The top U.S. exchange broadens its international reach, offering perpetual futures as it battles regulators at home.

Natural to get defensive when you are making highly levered bets on somethingSeveral people have answered this question in this very thread. Here's a good debate about Bitcoin and the issue it can solve. Saylor does an excellent job of explaining the issue although I wish he wouldn't have been so defensive towards the end. All the guy wanted to know was "is Bitcoin the inevitable solution" and the answer is obviously "no". But it is the highest probability solution at this point in time.It's been asked by various people time and time again what's the utility of crypto after 13 (?) years and it's always crickets.
I think it's been clarified by at least one they're doing nothing more than gambling so good for being forthright
If they're making money doing what they're doing.....great for them![]()
It's a big bet, but it's not highly levered unless you're talking in a non-financial sense.Natural to get defensive when you are making highly levered bets on something
Half of MicroStrategy's market cap is debt.It's a big bet, but it's not highly levered unless you're talking in a non-financial sense.Natural to get defensive when you are making highly levered bets on something
Most of that is unsecured, convertible to equity, and at a 1.5% interest rate. It's like saying you're highly levered if you have a mortgage that's 50% of the value of your house.Half of MicroStrategy's market cap is debt.
A home and bitcoin aren't really comparable assets, although Saylor has advocated folks mortgage the former to buy more of the latter.Most of that is unsecured, convertible to equity, and at a 1.5% interest rate. It's like saying you're highly levered if you have a mortgage that's 50% of the value of your house.Half of MicroStrategy's market cap is debt.
Regardless, I think we'll agree that his skin in the game would lead to bias and defensiveness.
I love the way he explains it. I could listen to him for hours (and so could he). That said, I know to stop far short of the "Bitcoin is an inevitability" that he likes to suggest.But, yeah, point is just to highlight his bias. Obviously, a lot of advocates for things are biased to some degree. Just find him too biased to be a source I would listen to on BTC.
The haves are actively buying BTC while telling you not to right now. Search Jamie Dimon and Buffet (or any other bigwigs for that matter) and look up their quotes about BTC over the last several years. Now go search what they have quietly invested in during the same time period. They're buying it because just like gold, etc. they want to own the asset and sell you derivatives and shares when this stuff really gets mass adoption. You can believe in it or not. You can think it has use case or not. Just like with stocks, precious metals, etc. unless you are buying the "hard copies" you are essentially investing in the market sentiment. Crypto markets are no different in that respect.
You understand that crypto, particularly the DeFi sector, directly threatens centralized banks, right? Dimon is never going to say anything positive about anything that would make any of his investors move money (and his real tool, the debt he can leverage with that money) into another asset class. He says crypto is worthless. He's been saying it for years. Just search "Dimon Bitcoin" and look at all the headlines and how long they've been getting posted. But meanwhile back at the farm: https://cryptobriefing.com/jpmorgan-chase-crypto-wallet-trademark-is-approved/ Granted, some cryptocurrencies will indeed be worthless. There are over 20K of them currently. But he seems to be keen enough on the technology that he has gotten several patents over the last 5 or 6 years and is working on a way for his customer base to invest in crypto.The haves are actively buying BTC while telling you not to right now. Search Jamie Dimon and Buffet (or any other bigwigs for that matter) and look up their quotes about BTC over the last several years. Now go search what they have quietly invested in during the same time period. They're buying it because just like gold, etc. they want to own the asset and sell you derivatives and shares when this stuff really gets mass adoption. You can believe in it or not. You can think it has use case or not. Just like with stocks, precious metals, etc. unless you are buying the "hard copies" you are essentially investing in the market sentiment. Crypto markets are no different in that respect.
Do we have evidence that Dimon and Buffet and the rest of the illuminati are buying BTC? Admittedly just a quick search, but looks like BH does own a little Nu Bank, a digital bank in Brazil. But it's 0.15% of their portfolio.
I'm all about following the money, so if there is evidence that the super rich are talking down crypto while at the same time buying it, that's bullish indeed. But where is the evidence of that?
I think the shark guys are the funniest. Cuban hates crypto! didnt he start an exchange? bald guy hates crypto! oh wait, now hes in! now hes out!, or whatever.You understand that crypto, particularly the DeFi sector, directly threatens centralized banks, right? Dimon is never going to say anything positive about anything that would make any of his investors move money (and his real tool, the debt he can leverage with that money) into another asset class. He says crypto is worthless. He's been saying it for years. Just search "Dimon Bitcoin" and look at all the headlines and how long they've been getting posted. But meanwhile back at the farm: https://cryptobriefing.com/jpmorgan-chase-crypto-wallet-trademark-is-approved/ Granted, some cryptocurrencies will indeed be worthless. There are over 20K of them currently. But he seems to be keen enough on the technology that he has gotten several patents over the last 5 or 6 years and is working on a way for his customer base to invest in crypto.The haves are actively buying BTC while telling you not to right now. Search Jamie Dimon and Buffet (or any other bigwigs for that matter) and look up their quotes about BTC over the last several years. Now go search what they have quietly invested in during the same time period. They're buying it because just like gold, etc. they want to own the asset and sell you derivatives and shares when this stuff really gets mass adoption. You can believe in it or not. You can think it has use case or not. Just like with stocks, precious metals, etc. unless you are buying the "hard copies" you are essentially investing in the market sentiment. Crypto markets are no different in that respect.
Do we have evidence that Dimon and Buffet and the rest of the illuminati are buying BTC? Admittedly just a quick search, but looks like BH does own a little Nu Bank, a digital bank in Brazil. But it's 0.15% of their portfolio.
I'm all about following the money, so if there is evidence that the super rich are talking down crypto while at the same time buying it, that's bullish indeed. But where is the evidence of that?Do you think he will fork over ownership to that BTC once one of his customers buy it? Maybe, but I doubt it. Or IDK, maybe he's trying to create his own crypto world with his "Onyx" token and JPM stable coin to try and dethrone BTC himself. If he keeps getting to buy failed banks at discounted rates, he may make a run at it. He's already got a pretty good corner of the silver market, having amassed a larger stockpile than the US government in the last 5 years or so.
And yes, Buffett invested a $1BB I believe it was, in NuBank, the largest fintech bank in South America, but "wouldn't buy all the BTC in the world for $5" lol. Right. I see he recently 'upgraded' BTC from "rat poison" to "a gambling token" though in one of his quotes.
And OK, fair point, there are probably no headlines saying "Dimon (or Buffett) buys BTC" but the technology they are investing in is, like it or not, tied to BTC, at least for now. Sometimes you have to read between the lines. So if you are following the money, you have to look at what they are investing in, not just the currency but the technology that supports it. In this space, BTC is the lead dog. Some think that will change eventually, and I think it may too eventually, but I personally don't think that will be any time soon. And I am sure the Dimons and Buffetts know that too. My further comments would belong in the forum that has been banished, so will leave it at that.
PEPE down like 16%.$0.000001273 PEPE
double downed. very short tem
2159766638.47116PEPE
OOF, nm,im out lolPEPE down like 16%.$0.000001273 PEPE
double downed. very short tem
2159766638.47116PEPE
doubling down againl.
I now own 5587035457 PEPE.
VIVA la PEPE!
The first step is acceptance.im an idiot, but im back playing pepe![]()
Def B or C if you think this might be a good long-term project. I haven't researched it enough, but I know you have.So in regards to https://pulsechain.com/ and https://pulsex.com/ .....
Lets say we get a 10X pretty quickly, debating on what to do in that scenario.
most coins go up when released, then tank down 90% and then grow again. almost all new coins/ecosystems do this.
so
A. sell all at 10X and hope for a dip?
B. sell to get my money back at 10X and let the rest ride?
C. sell double my money and let the rest ride?
D. dont sell, let it ride
This is a sizable amount of money, not a couple hundy
im just talking outloud. Ive been waiting forever so starting to get excited. I know if it just dips, im holding.![]()
Yeah it is crazy right now, the gas fee.I tried to buy a couple things on Uniswap this week... the fees were almost 50% of the amount I was trying to buy, so NOPE.
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PEPE Meme Coin Hysteria Pushes Ethereum Gas Fees to 1-Year High - Decrypt
The massive rise in the latest wave of popular meme coins has put Ethereum under pressure, driving gas fees even higher.decrypt.co
Thanks buddy. Great idea. Hopefully I'll need to put it to good useDef B or C if you think this might be a good long-term project. I haven't researched it enough, but I know you have.So in regards to https://pulsechain.com/ and https://pulsex.com/ .....
Lets say we get a 10X pretty quickly, debating on what to do in that scenario.
most coins go up when released, then tank down 90% and then grow again. almost all new coins/ecosystems do this.
so
A. sell all at 10X and hope for a dip?
B. sell to get my money back at 10X and let the rest ride?
C. sell double my money and let the rest ride?
D. dont sell, let it ride
This is a sizable amount of money, not a couple hundy
im just talking outloud. Ive been waiting forever so starting to get excited. I know if it just dips, im holding.![]()
Personally, for a large amount of investment, I would set staggered exit points. Something like this:
Exit 1: basically recoup your investment (and maybe small profit) when it hits $x.xx (anything after this is free money)
Exit 2: with what's left, take more profit when it hits $x.xx
Exit 3: with what's left, take more profit when it hits $x.xx
Exit 4: full exit, this is the upper most price point you think it will hit (your "moon bags")
And you might even prefer to do it by percentage of your total bag for each exit point. Exit 1 take out 25%, etc. I guess depends on how the percentages line up with your amount invested. YMMV.
IDK, I'm rambling and need coffee. #notfinancialadvice
Started with $4K and im at 9K.im an idiot, but im back playing pepe![]()
im an idiot, but im back playing pepe![]()
Be careful with this one GB.Started with $4K and im at 9K.im an idiot, but im back playing pepe![]()
im an idiot, but im back playing pepe![]()
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Pepe price today, PEPE to USD live price, marketcap and chart | CoinMarketCap
The live Pepe price today is $0.000009947 USD with a 24-hour trading volume of $515,199,518.50 USD. We update our PEPE to USD price in real-time.coinmarketcap.com
more thank doubled up so far. woot
I hear ya brotha.Be careful with this one GB.Started with $4K and im at 9K.im an idiot, but im back playing pepe![]()
im an idiot, but im back playing pepe![]()
![]()
Pepe price today, PEPE to USD live price, marketcap and chart | CoinMarketCap
The live Pepe price today is $0.000009947 USD with a 24-hour trading volume of $515,199,518.50 USD. We update our PEPE to USD price in real-time.coinmarketcap.com
more thank doubled up so far. woot
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Pepecoin Overtakes Dogecoin, Shiba Inu Trading Volumes as Early Buyers Take Profits
One trader infamously took on a 50% slippage for getting out of their pepe position.www.coindesk.com
A blurb I just read doing my daily reads said this:
Pepe’s ownership data is however “worrisome,” as the top 100 richest PEPE addresses are 45% whales-controlled
So, just to comment, I dont mind the whale controlled. they are some of the smarter people.Be careful with this one GB.Started with $4K and im at 9K.im an idiot, but im back playing pepe![]()
im an idiot, but im back playing pepe![]()
![]()
Pepe price today, PEPE to USD live price, marketcap and chart | CoinMarketCap
The live Pepe price today is $0.000009947 USD with a 24-hour trading volume of $515,199,518.50 USD. We update our PEPE to USD price in real-time.coinmarketcap.com
more thank doubled up so far. woot
![]()
Pepecoin Overtakes Dogecoin, Shiba Inu Trading Volumes as Early Buyers Take Profits
One trader infamously took on a 50% slippage for getting out of their pepe position.www.coindesk.com
A blurb I just read doing my daily reads said this:
Pepe’s ownership data is however “worrisome,” as the top 100 richest PEPE addresses are 45% whales-controlled
Down to $7200 from 4k. holdingStarted with $4K and im at 9K.
Sometimes. For new coins, though, you have to be really careful, because the 'whale' can be the owner(s), which means it very well could be a rug-pull situation.So, just to comment, I dont mind the whale controlled. they are some of the smarter people.
Ah, very trueSometimes. For new coins, though, you have to be really careful, because the 'whale' can be the owner(s), which means it very well could be a rug-pull situation.So, just to comment, I dont mind the whale controlled. they are some of the smarter people.
1178235600000Friends said not a scam. He doesnt like it. But it is bitboy.
Running with that.
59673355000 BEN
out of pepe just for $$$. would love to ride that
I always just post what I do and never telll people to buy or sell.1178235600000Friends said not a scam. He doesnt like it. But it is bitboy.
Running with that.
59673355000 BEN
out of pepe just for $$$. would love to ride that
bumped it. lets play
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Ben price today, BEN to USD live price, marketcap and chart | CoinMarketCap
The live Ben price today is $0 USD with a 24-hour trading volume of $0 USD. We update our BEN to USD price in real-time.coinmarketcap.com
in for more at $0.0000000653 give or take
$0.0000000653
So, normally, on a quick double like that, I would sell. This time I decided to get greedy. Im out. down just a bit
in for more at $0.0000000653 give or takeBen Price (BEN)
$0.0000001091
Saw the huge dip in BEN down to the 4s and bought some and then 3s and bought more. already made up my small loss. this time ill lock away my OG $$$So, normally, on a quick double like that, I would sell. This time I decided to get greedy. Im out. down just a bit
in for more at $0.0000000653 give or takeBen Price (BEN)
$0.0000001091![]()
sold 1/3 or so at $0.000000095Saw the huge dip in BEN down to the 4s and bought some and then 3s and bought more. already made up my small loss. this time ill lock away my OG $$$So, normally, on a quick double like that, I would sell. This time I decided to get greedy. Im out. down just a bit
in for more at $0.0000000653 give or takeBen Price (BEN)
$0.0000001091![]()
I think its a go for tonightFrom the mouth of the head honcho
The http://PulseX.com and http://PulseChain.com MAIN NET are estimated to launch publicly in less than 7 days.
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