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Bitcoin-Explain to me how to buy these things (3 Viewers)

Captain Cranks said:
Craig_MiamiFL said:
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 👍
Click to expand...
Several 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.
Click to expand...
Natural to get defensive when you are making highly levered bets on something
 
Desert_Power said:
Half of MicroStrategy's market cap is debt.
Click to expand...
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.

Regardless, I think we'll agree that his skin in the game would lead to bias and defensiveness.
 
Captain Cranks said:
Desert_Power said:
Half of MicroStrategy's market cap is debt.
Click to expand...
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.

Regardless, I think we'll agree that his skin in the game would lead to bias and defensiveness.
Click to expand...
A home and bitcoin aren't really comparable assets, although Saylor has advocated folks mortgage the former to buy more of the latter.

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.
 
Desert_Power said:
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.
Click to expand...
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.
 
Nathan R. Jessep said:
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.
Click to expand...

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?
 
SFBayDuck said:
Nathan R. Jessep said:
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.
Click to expand...

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?
Click to expand...
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. :shrug: 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. :lol:

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.
 
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Nathan R. Jessep said:
SFBayDuck said:
Nathan R. Jessep said:
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.
Click to expand...

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?
Click to expand...
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. :shrug: 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. :lol:

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.
Click to expand...
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.

I knida think you might not want to trust the HAVES :oops:

Do you really think they are going to pump things before they buy? they hate and buy, then promote.

To me, the most "oh ****" moment was... Buffett and or EVERYONE over the last 30 years at least said "you need to DIVERSIFY!!!!!"
I think everyone still thinks this even though buffet, in reality put most of his money in APPLE and COKE. sure, he may have had 1000 investments. but I remember seeing that oh **** moment. (This may have been a long time ago, im old. but still holds true)

It was "It was barzini all along" moment.:oops: https://www.google.com/search?q=god...#fpstate=ive&vld=cid:d5effac4,vid:Tw7NIomrjmM

THEY ALL TOLD US ! ONE THING AS THEY DID ANOTHER!!!!!!!!

What about the "you should not be in debt" "goal is to pay off your house!!!!" vs they all use debt to get rich

THE RICH USE DEBT TO GET RICHER. that in itself is another conversation. but one Id like to know about.
musk and bezos dont cash out thier stock to buy a house or launch a spaceship. NOT AT ALL
 
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. :popcorn:
 
KGB said:
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. :popcorn:
Click to expand...
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.

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
 
Nathan R. Jessep said:
KGB said:
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. :popcorn:
Click to expand...
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.

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
Click to expand...
Thanks buddy. Great idea. Hopefully I'll need to put it to good use
 
KGB said:
KGB said:
im an idiot, but im back playing pepe :lmao:
Click to expand...
Started with $4K and im at 9K.
KGB said:
im an idiot, but im back playing pepe :lmao:
Click to expand...
coinmarketcap.com

Pepe price today, PEPE to USD live price, marketcap and chart | CoinMarketCap

The live Pepe price today is $0.00000732 USD with a 24-hour trading volume of $483,306,924.08 USD. We update our PEPE to USD price in real-time.
coinmarketcap.com coinmarketcap.com

:popcorn:
more thank doubled up so far. woot
Click to expand...
Be careful with this one GB.

www.coindesk.com

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 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
 
Nathan R. Jessep said:
KGB said:
KGB said:
im an idiot, but im back playing pepe :lmao:
Click to expand...
Started with $4K and im at 9K.
KGB said:
im an idiot, but im back playing pepe :lmao:
Click to expand...
coinmarketcap.com

Pepe price today, PEPE to USD live price, marketcap and chart | CoinMarketCap

The live Pepe price today is $0.00000732 USD with a 24-hour trading volume of $483,306,924.08 USD. We update our PEPE to USD price in real-time.
coinmarketcap.com coinmarketcap.com

:popcorn:
more thank doubled up so far. woot
Click to expand...
Be careful with this one GB.

www.coindesk.com

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 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
Click to expand...
I hear ya brotha.

There are other worrisome things too.

But this does have a meme aspect where people may keep buying. Volatile for sure
 
Nathan R. Jessep said:
KGB said:
KGB said:
im an idiot, but im back playing pepe :lmao:
Click to expand...
Started with $4K and im at 9K.
KGB said:
im an idiot, but im back playing pepe :lmao:
Click to expand...
coinmarketcap.com

Pepe price today, PEPE to USD live price, marketcap and chart | CoinMarketCap

The live Pepe price today is $0.00000732 USD with a 24-hour trading volume of $483,306,924.08 USD. We update our PEPE to USD price in real-time.
coinmarketcap.com coinmarketcap.com

:popcorn:
more thank doubled up so far. woot
Click to expand...
Be careful with this one GB.

www.coindesk.com

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 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
Click to expand...
So, just to comment, I dont mind the whale controlled. they are some of the smarter people.
 
If anyone here is interested in getting into coins BEOFRE they hit the major exchanges (where then they normally pump ) please please add metamask

metamask.io

The crypto wallet for Defi, Web3 Dapps and NFTs | MetaMask

A safe crypto wallet for digital tokens & NFTs. Join the blockchain and DeFi world.
metamask.io

to the newbies, this is a wallet. this allows you to be your own bank, so dont be signing in on a computer that you surf porn, or stream UCF fights on or whatever. it needs to be a clean computer where there are no viruses or key loggers. you are your own bank here.

I will probably be talking about things like PULSEX, PULSECHAIN, heck, even PEPE you need a wallet I think. at least coinbase doesnt have it yet. ETC. most of the coins that do a crazy X do it before they are listed on the major exchanges.

If you need help with metamask. just ask

even though I use chrome, I find it does better in FF BTW
 
KGB said:
So, just to comment, I dont mind the whale controlled. they are some of the smarter people.
Click to expand...
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.
 
Might be fun to follow along. in this account I have

2433011000 PEPE
$.00000189
Value $$4650

:popcorn:


NM OUT!!!!
 
Last edited:
Friends 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
 
KGB said:
KGB said:
Friends 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
Click to expand...
1178235600000

bumped it. lets play

coinmarketcap.com

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 coinmarketcap.com

in for more at $0.0000000653 give or take
Click to expand...
I always just post what I do and never telll people to buy or sell.

I wish I had more money to BUY

Thats all im saying

BEN -
$0.0000000653
Click to expand...
 
KGB said:
KGB said:
KGB said:
KGB said:

in for more at $0.0000000653 give or take
Click to expand...

Ben Price (BEN)​

$0.0000001091
Click to expand...
So, normally, on a quick double like that, I would sell. This time I decided to get greedy. Im out. down just a bit :kicksrock:
Click to expand...
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 $$$
Click to expand...
sold 1/3 or so at $0.000000095


edit, and out, good trade
 
Last edited:
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