Search results

  1. M

    About Bitcoin

    The value of bitcoin is created by the demand to use it. In short: - If you want to make a transaction in bitcoin, you need to buy it. When people buy it to make transactions, price goes up. - When you do a transaction, it needs to get verified by the network. Miners build your transaction...
  2. M

    Cryptos are BULLSHIT... based upon nothing more than hope, greed, and stupidity

    Guys, you need to understand that nobody gives a shit about bitcoin. Please. It's a trading market. You buy it when it goes up, you sell it when it goes down and you make money with it. I do not understand why somebody like Schweiz who - probably - trades futures doesn't get that. You don't...
  3. M

    Cryptos are BULLSHIT... based upon nothing more than hope, greed, and stupidity

    So why on earth are you posting a chart of BTC and tell me that last year no buyer made money in crypto as an argument that stocks are better than crypto?! What the hell? That doesn't make any sense I can see that you have no idea how that "dubious" crypto market works. And it's ok that way...
  4. M

    Cryptos are BULLSHIT... based upon nothing more than hope, greed, and stupidity

    Oh, sorry, did see your post after writing my wall of text to the swiss guy :) So what I'm trying to say is this. When you look at equities, what do you "actually" see? People like to argue that these are shares or pieces of a company that backs their value. I only see a figure on the screen of...
  5. M

    Cryptos are BULLSHIT... based upon nothing more than hope, greed, and stupidity

    Look dude, I think you are mixing the fundamental reason for a market (aka people exchange goods) with your own made up arguments. I'm buying and selling crypto on a daily basis and I'm making good money with it. At the same time I can guarantee you that 90% of all the people who dabble in the...
  6. M

    Calling on all professional crypto traders...

    I go off things I read on the internet. Especially this website: https://www.cftc.gov/PressRoom/PressReleases/7765-18
  7. M

    Cryptos are BULLSHIT... based upon nothing more than hope, greed, and stupidity

    If you read your own post, you'll notice that word "companies" I'm not talking about companies, I'm talking about equities aka shares. There are many companies out there that are pretty darn good but what about the "value" of their shares? People always think that you can just calculate assets...
  8. M

    Why ‘Free Trading’ on Robinhood Isn’t Really Free

    The cool thing is, that right now Joe public realises how much of a con job Payment For Orderflow is. But you know folks, it's been aroud forever and you can read Rule 606 Reports on every brokers website. No biggie. The even cooler thing is that nobody even understands in how many other...
  9. M

    Cryptos are BULLSHIT... based upon nothing more than hope, greed, and stupidity

    I wonder why these discussions shroom up again and again. I mean, there is no point arguing about something having value or not. There is a bid, so there is the value. No bid, no value, simple as that. Thread starter may be a gold bug and it's never wise to argue with them, but I mean we're on...
  10. M

    Calling on all professional crypto traders...

    Ah, you mean the broker/dealer who got sued by the CTFC because it operates as an unregistered and unregulated foreign exchange dealer?
  11. M

    Calling on all professional crypto traders...

    That info is just plain wrong. https://support.pro.coinbase.com/customer/en/portal/articles/2945310-fees https://support.kraken.com/hc/en-us/articles/360000526126-What-are-Maker-and-Taker-fees- https://www.itbit.com/fees and so on and so forth. In fact, most exchanges, major or not have...
  12. M

    Calling on all professional crypto traders...

    I traded equities for a long time untill they introduced priority venues I had no access to. It's nice to be the best bid with 10k shares, tape is glowing red hot but you don't get an execution cause you are not allowed to trade on that dark pool. Together with the ridiculous fees for datafeed...
  13. M

    Calling on all professional crypto traders...

    Well, if you trade on the top 3 exchanges, you might be right ;)
  14. M

    Calling on all professional crypto traders...

    While I agree with everything else you said, I'm sooooo glad that crypto exchanges basically don't do this. I absolutely hate the fact that entrance barriers got higher and higher for traditional markets and I'm absolutely not willing to pay ridiculous membership fees plus ridiculous...
  15. M

    Which brokers allow bitcoin futures?

    Actually, IB is very smart with this. The average IB customer is retail and small professionals (advisors and brokers), meaning the risk of somebody doing something stupid is rather high. So imagine one of the not so smart commentators in this thread shorts 24 Bitcoin Futures in a 100k $...
  16. M

    Bitcoin: the World's first decentralised Ponzi scheme

    No. I don't care about opinions. They always cost money
  17. M

    Bitcoin: the World's first decentralised Ponzi scheme

    @Nighthawk: Can you pls stop the bullshitting and just short Bitcoin please. I'm so sick of reading opinions from people who neither have skin in the game nor an actual clue what they're talking about. This goes to the messiah's as well as to the doom&gloomers I don't fking care if it's a...
  18. M

    The rich and the right...

    You really have to differentiate here (Let's discuss :D) Thing is, a LOT of people missed the Krypto hype or sold a couple of hundred BTC too early. This means FOMO is all over the place now. Everywhere. Heck, there is even a guy on reddit whose brother killed himself, cause he sold 200 BTC in...
  19. M

    Which brokers allow bitcoin futures?

    the sheep are coming !!
  20. M

    Bitcoin Investment Trust (GBTC)

    To be very honest with you, I think you should wait one or two years untill the market is a little more established. Hell, it might be that Bitcoin goes the way of MySpace and in one year another coin is rank one. I just don't see any way for you right now how you could trade or invest in...
Back
Top