Search results

Why is anybody asking Warren buffet about Bitcoin?? That's like asking somebody really old about a new disruptive technology.

Have you tried the conditional orders? I was considering switching from tos for cheaper fees but haven't taken the time to test IKBR workstation. I find the layout quite messy... actually same with tos. There are so many features that are unnecessary imo and should just be stripped down.

Case in point. I had 200 BITO call options....on Oct.16 my position value was down (80%!) 2 weeks ago to about 5k. I closed it yesterday morning at break even. Had I listened to the status quo, or believed in the bogus math I would have closed the position at a huge loss. Anyway that was a 600%...

Doesn't matter what the catalyst...the extension must be realized. Yes I see what you are saying. Usually what will happen is some news ie the ETF ..then everybody piles on with fomo ...but the funny thing is they already missed out so fomo should be renamed slomo.

The current extension (statistically) brings the price to 150k. The news will facilitate that like a self fulfilling prophecy. Just like when the downtrend impulse wave required a large drawdown and low and behold the ftx scandal helped facilitate that.

Are they willing to buy the "rat poison" now? lol they are late to the party AGAIN.The extension puts Bitcoin above 150k, so whether it's the ETF approval, the halvening, or the sidelines jumping in that facilitates that extension doesn't matter.

What are they waiting for lol 100k? They should have loaded up at 3-5...they could have had the same position for only 12B.

It has adapted to its best real world use...which is essentially digital real estate. You can secure an equity loan in minutes...quicker than it would take to fill out an application at the bank. You can also move millions of dollars in minutes...cheap. A lot easier than unloading physical gold...

What? That we should put an end to this economic feudal system by eliminating banks, fiat currency, and income tax? Bitcoin has been called the most disciplined central bank.

What constraints? They raise taxes and print money if they run out. Eventually they will reach hyper inflation and bitcoin will become the defacto currency.

E-bikes are they best...I have 2.

Gold was originally used as a currency but you don't go around buying your coffee with gold coins.

I would rather just plug my car in and have 400km every morning than have a hydrogen tank at my ass and have to fill it up like gas all the time...like no thanks ..clearly EV is superior.

All countries will be shifting to Bitcoin eventually. They won't have a choice once they print their own money into oblivion. Also, time to bring a consumption tax and get rid of income tax entirely.

Case in point. I had 200 BITO call options at 1.43....on Oct.16 my position value was down to about 5k. I closed it yesterday morning at break even. Had I listened to the status quo, or believed in the bogus math I would have closed the position at a loss. I had no doubt that price would recover...

Anyway read the thread and you will see that math is actually a traders fallacy, and it is completely irrelevant to the probability of price returning to a previous level.

Why? All the dealership asks for is the mrsp. ???

It's not a currency so much as digital real estate. Real world use today is equity loans. You can borrow money off Bitcoin like you can iff a house ..minus all the bs such as appraisals etc. I would say gold would be way more risky now that Bitcoin has become the defacto store if value.

Lambos/ Emiras are made buying when everyone else is panic selling...not buying the trend, or breakouts, or momentum.

All the way to 60k and beyond. :)