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  1. johnarb

    Raoul Pal: "Bitcoin is the bet best I have ever seen in my career". Sets $250K target

    Agreed!! He told me thanks for buying his bag when btc was around $10K-$11K (I just got into DeFi, that was about the price level). as if we're the suckers??? Did he even check the price before posting that, yea, he keeps flexing his skillz at something, whatever it is, I just have no clue
  2. johnarb

    Ideas For Now-

    Wow, those pictures don't look anything like our living room, lol. Yea, if they have that much mining hardware, they're making bank! But remember, these hardware have to be replaced/upgraded every few months or so, and the biggest thing that happened is that we had bitcoin halving 6 months ago...
  3. johnarb

    Raoul Pal: "Bitcoin is the bet best I have ever seen in my career". Sets $250K target

    My friend, you're back again, touting your dev skills or is it your OG entry into bitcoin cryptos and that you sold your bag at what? $500/btc, come on man, you sold we're at ATH now, you missed out, you can't do anything about it, but you can't ruin our partie$, we're having the time of our...
  4. johnarb

    Ideas For Now-

    I would not suggest mining bitcoin now, Van. The bitcoin mining difficulty is ridiculously high because the bitcoin network hash is very high which keeps going higher as more bitcoin miners join because the bitcoin price is very high. It's a perpetual self-feeding loop. If the bitcoin price...
  5. johnarb

    Bitcoin Price Thread

    You're correct on this call. This has been happening! I saw it play out 8-9 hours ago and what an amazing thing to watch btc go to $19,918 and go straight down to $18.9K within 2-5 minutes. I was wrong on 20K not posing a resistance, twice btc approached it and quickly pulled back hard.
  6. johnarb

    Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios

    Agree very much with the sentiment you're painting. The emotional swings are not so easy to deal with, I don't make $10's of thousands a day at my day job, but crypto pfolio swings that much in a matter of hours/minutes. When the pfolio value was lower, the swings were still in the $100's and...
  7. johnarb

    Ideas For Now-

    I suppose anything's possible but no one's been able to hack bitcoin for over 10 years :D There are billions of $ reward for any hackers that can successfully do that. About 1 million bitcoins belong to Satoshi's wallets that have been dormant and the private keys may have been destroyed by...
  8. johnarb

    Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios

    I think bitcoin is very difficult to trade. I don't trade it myself, only hold long term. An hour ago, saw it shoot up to $19.9K + only to come crashing down to less than $19K, and then come back to over $19.5K , but now below $19 at this time. Some traders can probably trade that successfully...
  9. johnarb

    Investment Giant AllianceBernstein Now Says Bitcoin Has Role in Investors’ Portfolios

    https://www.yahoo.com/now/investment-giant-alliancebernstein-now-says-154358992.html Daniel Palmer Mon, November 30, 2020, 7:43 AM PST·2 min read The research arm of New York-based AllianceBernstein, a global investment manager with $631 billion in assets under management, has had a change of...
  10. johnarb

    Ideas For Now-

    Oh man, I don't want to disappoint you guys, but I have not dabbled in the stock markets for years! I follow it and watch CNBC every single day (M-F) but I'm all-in on cryptos for a while now. Anyway, back to MSTR, this stock valuation is all shaken up as it is tied to the bitcoin btc price. I...
  11. johnarb

    Bitcoin Price Thread

    No, it's free. Other than hardware wallets like Trezor or Ledger, I am not aware of any bitcoin wallet that you have to pay for. It's an open-source project. For example, I used to build the bitcoin core wallet from github souce code on Linux, but nowadays, I rely on my Linux distro's software...
  12. johnarb

    Guggenheim Fund Reserves Right to Put Up to 10% in Bitcoin Trust

    Credit to user They for mentioning this on bitcoin price thread. Bonus commentary video by Aaron Bennett "The Institutions are here - 2020" https://www.bloomberg.com/news/articles/2020-11-29/guggenheim-fund-reserves-right-to-put-up-to-10-in-bitcoin-trust Guggenheim Fund Reserves Right to...
  13. johnarb

    Bitcoin Price Thread

    You asked for a recommendation I would suggest to look into bitcoin wallet called Electrum (make sure it's the real one and not fake) and hope you don't have any issues transferring from that website.
  14. johnarb

    Bitcoin Plunges Along With Other Coins

    I'm a permabull with no charting skills, but here's 2 satoshis worth on investing in bitcoin (cfryptos), just go long term. It's like a call option with no expiration. Asymmetric reward for the risk. Some people have compared it to lottery, but I think it's an unfair comparison, obviously...
  15. johnarb

    Global Macro Trading Journal

    You're in good shape. I like what you said in a previous post "Go East, young man (just not China, lol)". It's multi-level attacks. The first and main thing is identity-reveal in real life. Bitcoin (cryptos) are pseudonymous. It's difficult to prove in court this bunch of characters belong to...
  16. johnarb

    Bitcoin Plunges Along With Other Coins

    I would treat any KYC'ed coins from centralized entities as highly infectious coins, like highly toxic or as radioactive as polonium, don't let it get mixed with your other holdings, i.e. don't transfer them to your other wallets or their transaction-change coins...
  17. johnarb

    Global Macro Trading Journal

    I would not underestimate the threat of this "attack" on the self-hosted wallet. I think lots of crypto folks are going to find themselves in a lot of trouble if they do. Plausible-deniability (or lack thereof) is what I see as the biggest threat of this. All other stuff you mentioned in...
  18. johnarb

    Poll:What comes next for Bitcoin: $25,000 or $15,000

    There's lots of psyops in cryptoverse. Need to have adversarial thinking to prevent being manipulated. Rich and powerful don't need to make more money on bitcoin, they already have too much wealth, but imo bitcoin presents a threat to their "control", as bitcoin is an escape from the status quo...
  19. johnarb

    Bitcoin Price Thread

    I reported the post. Website looks to be a fake online btc wallet.
  20. johnarb

    Bitcoin Plunges Along With Other Coins

    Lots of chest thumping about this price correction, I might as well do it, too. See below, price of bitcoin btc was ~$12,800 Listen up, this price dip is a gift for the people who are waiting to buy. BTFD. This is financial advice (j/k)
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