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Comparing madoff to bitcoin is so stupid it doesn’t warrant a response. Get a clue

I am confused what is nothing burger? Are you referring to the biggest ETF launch in history?

I don’t want a lambo. I hate the “save fun staying poor” bullshit. You will never hear me say that stuff. I guess the core of my question was: can the market speak loud enough for you to listen/rethink/have a more open mind. I think I have my answer: absolutely not.

A couple things: If you are an investor, and you thought something was going to zero, but instead in quadrupled, guess what: you were wrong you insist on calling it a Ponzi scheme and a bubble but I challenge you to this: Please try to find another bubble that has lasted for 15 years, that has...

lol are you serious or trolling with this comment?

gold bugs swear gold is manipulated bc it hasn’t performed well for them. It’s a pathetic excuse.

Schiff has been so hilariously wrong it’s a joke at this point. I think he may actually like bitcoin, and talks about it bc it gets him attention. I find this funny "when you own bitcoin you own nothing" here is a simple way to know this is bullshit … if I gifted you 1 bitcoin, would you...

Where are all the people dunking on Saylor at 16k?!?!?! They are weirdly quiet right now.

eh not really. I think the large holder base actually contributes to the vol bc there are only a small amount of coins available for trading. Not much $ is needed to move the piece a lot.

What exactly are you taking about? Many (most?) Bitcoin holders are the opposite of this… they never sell. Haven’t you seen all the statistics about the amount of coins that haven’t moved in one year plus?

Not only that these ETFs are smashing successes, even more then they were a couple weeks ago. Flows and volume are actually going up! So far this week (its Friday AM, 03/08/2024) the US ETFs as a group have taken in more than 2BB THIS WEEK ... AND THERE IS STILL 1 DAY LEFT! You dont have to be...

The answer is no in the traditional finance sense. But there is more to the story… a hedge typically implies negative correlation. So in that sense no, it’s not a hedge that something like TIPs is to inflation. It won’t directly offset the move. over time, however, with bitcoins finite supply...

fine and peace and love. Sorry for saying egomaniac, maybe that was unfair. My point, which I still stand behind, is SOME diversification is a more humble way to invest no matter how sure you are (and as you should know I totally agree with you about Bitcoin) The other stuff in your comments...

So I plan to do the exact same thing as you (take some profits) and I’m “not a real bitcoiner” bc it’s only 60% of my portfolio not 100%?? I believe is Bitcoin … but in 2024 you still need regular fiat money to you know … live. I have run my own node. I have held since 2017. People like you...

I’d say if you are going to be tactical just use trend following to get out. If not that then def leg out, don’t just sell all at once. and be prepared for people to call you a “fiat cuck” on the internet bc you had the audacity to take a profit and not be 100% in one asset.

this is an embarrassment

lol what? This is the kind of bullshit that gives us all a bad name. Bitcoin is currently over 50% of my sizeable portfolio, more than I ever thought I would have in one asset (it’s this weight because of the huge gains). The position is well over 1mm but I’m not a Bitcoiner and can “ fuck...

I’d prob sell the one performing the worst. It’s not about that, it’s about maintaining at least a semblance of diversification. This is one area is disagree with my fellow bitcoin brothers and sisters, I think all in bitcoin is totally insane no matter how bullish I am on it.

Trust me I hear ya bro… and I’ve been letting the winner run. But if something gets over 60% of portfolio I just have to make it smaller.

*if bitcoin hits 100K I mean lol I don’t want to piss off the market gods