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I put Jack on ignore a week or two ago. Just couldn't stand his posts. I get he is a bear, but he didn't really add anything useful so now I no longer see his posts. But I can still see that he starts a ton of threads based on the main page though! LOL

Can you comment on your crystal ball???

From maybe around 50k average price, but I did buy more in the 40's and 30's. Its a decent sum for me, but small compared to most. As an example, I had 5 Luna left that clearly went to zero from about $75 average price, so only a loss of about $400. What I most worry about is a bunch of...

Doing only one thing works fine as long as you know when not to do it. Clearly when we get a solid bounce, it will be interesting if he stays out or gets wrecked.

Gotta give credit where its due! What's the secret?? It stopped just shy of the previous day low... still think it will break?

One more point. I think of this for selling like what happened to oil in March 2020. Never mind even went it went negative but when it was in the low single digits or low double digits it was obvious that it wasn't the true price of oil, it was just a reflection of the current market...

I think exactly this too. It sucks that I have no more money to really accumulate. Maybe below 10k I too would find whatever I can to improve the average tremendously. When all the forced selling is done, I am very curious to see what the price action will be. My hunch, based on absolutely...

In some ways I do tend to agree that a currency has to increase with an increase in production, or maybe an increase in population, or I'm not sure what. If it doesn't, then you have more and more people chasing fewer and fewer dollars. So more dollars have to be made available. Bitcoin is a...

John is the expert here, but I really think something else is going on now. From what I'm reading, the selling is big institutions, and it's retail who is buying it up. When you have a whale who needs to sell, it's obvious the price will heavily drop since it takes lots of little bites from...

I think the government does need it's own currency, maybe.... So what I think will happen is it will first be added onto their books much like central banks having a basket of currencies. It's also possible that they set some peg, but I of course doubt they want to limit their ability to spend...

I'm honestly waiting for the public to realize the value of fixed supply, self custody and permissionless transactions. The fact that it doesn't produce cashflow is fine. All we want it to do is be the best ledger ever invented. When people are begging for trust, when they have enough of...

I 100% disagree. The whole idea of trickle down economics was that if we make the rich even richer, some of that money will "trickle" down. I don't think this happened. But I firmly believe that if the rich start hurting, the poor will 100% feel it. I saw how May credit card balances were...

It's a fair and balanced view, but I just don't think we can. What you call excessive speculation is anyone who bought a house in the past 10 years. In Canada at least, when all these 5 year mortgages come up for renewal, they might not even qualify, never mind having to pay an extra 1k a...

You don't get to produce cashflow if your house is at 50% value and you can't make payments. You don't have a job, and business has no customers. The government is the economy right now. If government stopped all printing and borrowing, what is the true value of a business? The bloodbath you...

How on earth do you expect a resetting of valuations when this will mean a total collapse of the monetary system? If the March 2020 lows weren't bought up as quickly as they were, it would have collapsed there. Jobs are at stake, pensions are at stake, and all of this is necessary for stable...

Explain to me then why Musk wants to buy Twitter and not just start another app himself? Heck, Trump did it with Truth Social, so why isn't that flying hugely successful? Bitcoin already has the network effect. The amount of hashpower supporting the network is immense. If you make another...

Regular people would also like to know that their dollars can't magically be printed up and hence devalued by a reckless government. Money is simply a mechanism to store your work. I need to do something useful in order to get that money. If the government does absolutely nothing to create...

I'm honestly not sure if the next bull run in alt coins can pump as hard. It would have to somehow be totally different. I think the next bull run will be all about bitcoin and will come about because of crashing real estate and an impotent FED to do anything about it. The path they have...

Banning members of congress from trading is foolish. They can rightfully say that they have to be therefore compensated at a much higher rate since they can't invest their money. Should we pay them a million bucks a year in lieu of taking away their trading privelages? All that has to be done...

You guys that think Bitcoin is dead, do you really expect a magical turnaround for the economy and government spending? Look at how the market is breaking with barely an interest rate rise and high inflation. If inflation starts to go lower it will only be because of demand destruction. And...