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  1. johnarb

    How to value Bitcoin

    Sorry no, but it sounds familiar like something I've seen somewhere. I should google it, lol
  2. johnarb

    How to value Bitcoin

    You don't have to invest in bitcoin, just like you may not be invested in Apple stock or Gold or bonds, but bitcoin has a lot of value even if not for you The OP is a list of what makes bitcoin very valuable. It's a disruptive technology that is creating havoc in legacy industries In addition...
  3. johnarb

    How to value Bitcoin

    #Dunning-Kruger You should educate yourself on what the difference is between the bitcoin network and the bitcoin exchanges before you confirm to everyone you're an ignorant dumbfuck I won't respond on your other posts and I'll enjoy watching you keep posting your stupidity and inability to...
  4. johnarb

    BTC down 10% just now - Why?

    Good luck! I hope the volume will be good, but the issue is that those CME futures do not trade 24/7 and subject to spot volatility exposure after hours FTX and Binance are great for perp futures if you're outside of the US
  5. johnarb

    How to value Bitcoin

    Your gains are somebody's losses. When you do a chargeback ,the merchants take a loss, the prices of their goods and services go up for everyone The flyer miles are cross promotion marketing, the costs of those free flights are reflected in the price everyone's air fares
  6. johnarb

    How to value Bitcoin

    The question is asked every 4 years , bitcoin block reward is cut in half overnight which means the salary of all miners are cut in half, yet the hash rate does not drop by half Bitcoin mining is a self-healing game-theory incentives mechanism. The difficulty of the bitcoin mining adjusts every...
  7. johnarb

    How to value Bitcoin

    I like how Michael Saylor calls bitcoin a monetary network Which other network outside of cryptos can you send $1M of value across the world, any time, any day, and have final settlement in approximately an hour (6 confirmation blocks, most counterparties accept 2 confirmation blocks) for the...
  8. johnarb

    How to value Bitcoin

    Bitcoin is the most secure monetary and payment network (clearinghouse, value settlement) that has never been hacked or stopped since inception It is more valuable than Visa and Mastercard combined It has surpassed the yearly transaction value of PayPal years ago Its network effect is so...
  9. johnarb

    Venmo users can now buy and sell bitcoin and other cryptocurrencies

    Imo, there's a meeting taking place, could be by Zoom, at Apple Pay, Google Android Pay and Samsung Pay where an executive or several are trying to explain why they do not have this https://www.cnbc.com/2021/04/20/bitcoin-paypals-venmo-launches-cryptocurrency-buying-and-selling.html Venmo...
  10. johnarb

    The Cryptocurrency Trading Journal

    Re: futures, I watched a youtube video last night and put my first perp futures position. Nothing big, less than $1k collateral (was thinking of doing 10x the size but wtf i thought to myself, don't be a degen, dude), it was 13x leverage, liquidation price at time of entry $52,500'sh Was...
  11. johnarb

    BTC down 10% just now - Why?

    Yea, oil going negative last year was not a good look, but again, bitcoin never went negative :D You can remove oil or whatever else on the list, still puts gold at the bottom below coffee
  12. johnarb

    BTC down 10% just now - Why?

    Gold is shiny and nice to wear as jewelry https://elitetrader.com/et/threads/looking-ahead-for-the-next-60-days-gold-vs-bitcoin.352045/
  13. johnarb

    Is binance reliable to trade bitcoin futures?

    This is the 2nd hire of a former US Government official by Binance Same game the big banks like JPM and GS do, they hire former officials to send a message to current ones, be nice to us, we will give you big $ cushy jobs after you retire and these guys have loyalties from rank and file they...
  14. johnarb

    Nocoiners be like...

    Bitcoin is like a technology startup... Click the play and watch a few minutes, it's started at the point discussion
  15. johnarb

    The Cryptocurrency Trading Journal

    I have a dedicated monitor (a Lenovo Yoga A940) that has side-by-side chrome browsers set to tradingview btcusd and ethusd on bitstamp, bnbusd and cakeusd seet to binance, and a number of other coins I monitor, nexo on uniswap, set to 1000 coins to USDT, another chrome browser in a window My...
  16. johnarb

    The Cryptocurrency Trading Journal

    I don't mean to offend you, apologies if I did I'm only speaking specifically about yours and my crypto investments I'm open book that I plan to cash out everything and hodl 10 bitcoins when I deemed the bull market is over I realize you have a problem at my choice of signaling of the end of...
  17. johnarb

    The Cryptocurrency Trading Journal

    I got it and it's quite a fair way to play bitcoin. Bill Miller on the interview said it was 1 percent allocation for him when he got into bitcoin, however he got in at $600 so it most likely has grown to a sizable allocation now I don't want to press you on this, but aren't we all planning to...
  18. johnarb

    The Cryptocurrency Trading Journal

    I subscribed to Willy Woo's subscription. There's a couple of things that he said on his last report (or may have been on a YouTube Video with Peter a few days ago) 1. The bull market indicators based on his on-chain analytics is very strong. Outflows of bitcoins from exchange wallets to...
  19. johnarb

    BTC down 10% just now - Why?

    Nocoiners like to celebrate when bitcoin has a pullback, but come on, $55K??? This is a great price for bitcoin hodlers. When bitcoin hits $75K in the next month or so, there will be celebrations from nocoiners when btc goes down to $65K Checkout the happy posts when bitcoin went down from...
  20. johnarb

    The Cryptocurrency Trading Journal

    Genuine question, how do you handle a pullback such as now using your traditional investing methodology and risk management? It seems to me that now is a good time to get out of bitcoin and cryptos or decrease positions before the losses continue to increase to -30%, -40%, -50%, -80% This has...
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