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I think even the crypto bulls probably know that its a shit coin. But if they stand by crypto, it must hurt because in many ways because its ruining their brand. If BTC is so superior because of 21 million limit, then why is ETH doing so well? If ETH is doing so well because of lighting fast...

The true test is coming. When regulators either try to ban or heavily regulate crypto, we will see how many hang on tight. Already now I'm scratching my head trying to figure out why is ETH so strong while BTC so weak. Sure, the bulls say ETH is just catching up, but it seems like the FOMO...

In reference to the tweet, why even bother with a fund? Isn't the whole point for crypto to be decentralized without the need for having to rely on anyone else? What do I need a fund for?

Its funny because you have the problem and solution both in your post. Crypto might not care, but central banks do. You say central banks and their digital currency will make the on/off ramps much easier. So if they control this, do they not control the value of BTC? If your 100 BTC is only...

I never said hypergamy was new. Its just that now, its on full display, and there are no mechanisms to keep it in check. Because of female empowerment and the socialist programs, women are able to do whatever they want to do without any regard for consequences. In a way, you can almost say...

I watched the entire video and made quite a few notes. The short version of my analysis is that I think he is massively missing the big picture. I can explain this with an analogy. Along with this massive change coming for the economy, there is a massive change in the dating and...

By fending off competing currencies, I think she is actually doing her job. The way I see it is that nobody likes what the FED is doing, but how much of the American population is actually benefiting from what the FED is doing? If people and the governments had to live within their means, I...

I honestly hate this argument. Most people are smart enough to understand it. Yes, its decentralized. Yes, only the computer network is needed to verify transactions. We all get that part. The issue we have we don't believe it will be allowed to run wild and free. No matter what country...

You've already won in my opinion, so its now just about maximizing. I follow RE quite a bit as well. And Wolf Street over on his website points out very nicely with stats how much of this boom is because of low supply, and people leaving the cities to buy in the burbs but not selling where...

I'm not that smart, but in that chart from the link, it seems like the highest bars are where the support is. Me thinks the highest support is at 3k! LOL But thanks for all the heads up. I'm uneasy about all of these guys talking like trading guys. I mean if its not a store of value, and we...

Isn't there a delay for this sort of thing? You don't expect a day by day account of their holdings, do you? How often does Buffet have to update their holdings Berkshire? I'm guessing its updated every quarter, so a full 90 days delay is possible. But I of course don't expect him to sell...

Good answer. But the shock this caused was astounding in my opinion. Over 10% of the value wiped out, and BTC has still not recovered yet. And I'm sure you will argue that there are more hodlers than ever, but if they ever sniff a piece of news that makes them want to sell, I really do wonder...

Is this like taking out a line of credit against the equity in your house? And then your house drops in price, and your line of credit is immediately called back?:D So all of this is contingent on the value of BTC staying high relative to fiat. This just came to my mind. Now I don't know...

I don't exactly agree. I don't think they want to rock the boat too much. There is too much wealth now in crypto. They don't want to eliminate all this on a whim because it might create more trouble for them. Look at this virus issue. Shutting down all the jobs not meant the government had...

But here is the thing. Its only useful when you talk about BTC in terms of how much fiat it gets you. Do you think we will ever get to the point where its common place to say "Buy this house with 10 BTC, or buy this Tesla with 1 BTC"? Absolutely not. It only sounds attractive against fiat...

This is I think the key. All the crypto bulls think we will replace all fiat currencies and only transaction in crypto. Governments will never let it happen. The more that crypto is used as payment, the more it is at risk of shutdown. Its kind of funny to think that the value of crypto is...

I find it incredibly powerful to scale into a trade, especially a losing trade. Price never moves in a straight line, and both sides need to be shaken out. This creates an opportunity to get out of a losing trade at breakeven many times. And you're right, when you accept that you aren't a...

I bet to differ. Its difficult to believe this thing is still alive. In a ponzi scheme, you need new money to always come in to bid the price up higher. For BTC, you also have the narrative that you never cash out because its going even higher. Don't forget, what did Madoff in was the 2008...

I too am eagerly waiting for this. After all the bitcoin bulls cheered that the legal case turned out well, the date of the first audit seemed like a good time to revisit this issue. But if the auditing firm in a joke, well, it won't solve anything. Will the courts really accept a joke firm?

I actually like the fact that if I notice something on my credit card I didn't buy, I just call them up and they refund it right away. I earn points each time I use it, and I generally fly for free once a year, minus the taxes, with those points earned. Of course I pay my balance off every...