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  1. johnarb

    Bitcoin’s 2021 Returns Destroy Everything on Wall Street, Goldman Sachs Says

    Hope you're making a killing on GME, Pekelo! What do you think if GME does something to get involved with cryptos as Cramer had suggested? Gamestop could issue securities or issue debt ($1 Billion dollars, hahahahah) use all cash reserves to buy bitcoin ala MSTR Gamestop could transition...
  2. johnarb

    Bitcoin’s 2021 Returns Destroy Everything on Wall Street, Goldman Sachs Says

    Some key words from the article Bitcoin’s 2021 Returns Destroy Everything on Wall Street, Goldman Sachs Says Goldman Sachs, the storied Wall Street firm, didn’t start including bitcoin in its weekly ranking of global asset-class returns until late January, when the largest cryptocurrency...
  3. johnarb

    Bitcoin’s 2021 Returns Destroy Everything on Wall Street, Goldman Sachs Says

    https://finance.yahoo.com/news/bitcoin-2021-returns-destroy-everything-223544895.html Bitcoin’s 2021 Returns Destroy Everything on Wall Street, Goldman Sachs Says Damanick Dantes Mon, March 8, 2021, 2:35 PM·2 min read Goldman Sachs, the storied Wall Street firm, didn’t start including...
  4. johnarb

    As Price Rises, Bitcoin Demonstrates Value In Collateral Market

    https://www.nasdaq.com/articles/as-price-rises-bitcoin-demonstrates-value-in-collateral-market-2021-03-08 By Landon Manning With all of the attention that bitcoin has been receiving for its massive price increases lately, the asset is finding growth in a variety of financial use cases. For...
  5. johnarb

    Bitcoin Price Thread

    Here I go again about to jinx the nice bitcoin uptrend but... Today is a risk-off day, 10 yr treasury yield up, FB, AAPL, AMZN, NFLX, GOOG plus TSLA are all down. Even gold is down, and yet.... bitcoin has been trending up! btc above $52K now Hope btc breaks $60K and next number to hit imo...
  6. johnarb

    How Bitcoin's vast energy use could burst its bubble - BBC

    I appreciate your time and efforts in this discussion and even though we disagree on bitcoin and cryptos, I respect your opinion There's always an advantage from the sender's side with delayed settlements, due to the ability of reversing the transactions. Business operations have always relied...
  7. johnarb

    How Bitcoin's vast energy use could burst its bubble - BBC

    1. It's called innovation. Something new did not exist before 2. What you're describing is not final settlement. You have incumbent intermediaries with IOU's and the transactions can be reversed, hence not final settlement, since your financial transaction assets are not bearer instruments...
  8. johnarb

    How Bitcoin's vast energy use could burst its bubble - BBC

    We also lived many decades without cell phones, laptops, personal computers or the internet. We were perfectly fine calling men in suits in nice offices and paying high for their research and paying high fees and commissions Bitcoin is the hardest money, a scarce digital asset, with supplies...
  9. johnarb

    Cashing out while the going is good

    Hard to pin you down... I said bitcoin is not a get-rich-quick and no one who invested for longer than 3 years have lost money Then you reply yea it is a quick investment, look you could have made 400% if you did this in 1 year which is a lot and it's being a greedy pig to want more... Now...
  10. johnarb

    How Bitcoin's vast energy use could burst its bubble - BBC

    I don't know if the video is real, I don't care as I don't have investment in gold. I replied to your post it might interest you to investigate since you were virtue signaling about your concerns for worldwide supplies of gold :D Now you're talking about money and commissions, wtf happened to...
  11. johnarb

    Bitcoin Price Thread

    Sorry, thought maybe you were trying to trade bitcoin. Also same as you, not selling (last bitcoin sale was 2 weeks ago but was a planned bitcoin sale) Since last week, bitcoin has made some violent moves to the downside, followed by slow recovery above $50K. Maxinger has mentioned the record...
  12. johnarb

    Bitcoin Price Thread

    Honest question, how much conviction do you have on your belief? Are you putting a trade (i.e. short position) that will make money?
  13. johnarb

    Bitcoin Price Thread

    Hmmmnnn, may have jinxed it. $50K support broke just now, could trigger selloff tonight
  14. johnarb

    Bitcoin Price Thread

    Not familiar with the CME:CRYPTO, but I was watching spot bitcoin (along with my crypto holdings which pretty much follow btc) and btc only went negative briefly and mostly positive for the past 8 hours
  15. johnarb

    Cashing out while the going is good

    Did you buy it a year ago at around $10K and sold at 400% profits? Can you please show the posts here on ET showing a bunch of smarter-than-pigs ET members that bought at around $10K and sold for 400%? Hindsight is 2020 (hah!) :D
  16. johnarb

    Cashing out while the going is good

    Bitcoin is not a short term investment. People who lose money in bitcoin are trying to get rich quick No one who invested in bitcoin and held for 3 years or longer have lost money. No one
  17. johnarb

    How Bitcoin's vast energy use could burst its bubble - BBC

    https://elitetrader.com/et/threads/defi-going-bankless.349553/page-11#post-5337269
  18. johnarb

    DeFi - going bankless

    Defi update Still hodl mode on BNB, but traded all the $XVS to $cake and deposited on the Pancake Swap platform for 130%+ APY. No Impermanent Loss risk, since single-asset staking Experience on cakeswap has been great, very low transaction fees, very high liquidity on listed coins and very...
  19. johnarb

    Bitcoin Price Thread

    Bitcoin had big selloff along with the stock market last week. The correlation with high-flyer tech stocks was even stronger The past couple of days, bitcoin has shown strength and resilience in spite of weakness in tech stocks Today is a very good example of this. Tech stocks down, gold down...
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