Bitcoin Price Thread
- Thread starter Magna
- Start date
I ask myself why people buy bonds. It's the guarantee that you get your money back. The return on government bonds is considered the risk free return.
Why would those people put their money into a risk asset? Especially one with the volatility of bitcoin. Sure there is a possibility/probability that the price will increase over time but it's not guaranteed.
Are you a bond investor you disgusting pig-shit retard??? You stupid fuck should not be posting investment advice without a disclaimer
Bond investors who invested in the "risk-free" US 10yr treasury at the start of the decade are down over 50% in combined nominal and real inflation adjusted value
HOW THE FUCK DO YOU THINK THEY WILL RECOVER FROM THAT LOSS OF VALUE???
And you're still parroting that it's risk-free, WAKE THE FUCK UP, the whole world has already figured out how very risky those government bonds are
Banks are insolvents, pension funds are underfunded ,because most of them thought they could use those "risk-free" US treasuries as collateral to leverage, until they got fucked by the Fed with the fastest rate hike
Think of all the retirees that retired in 2020 that put 90% into those "risk-free" assets and used margin to buy bellwether dividend-yielding equities now getting margin-called, welcome to the risk-free where risk-free means high-risk
Baron
ET Founder
Although I agree with the content of your message, calling someone a "pig-shit retard" is over the top, so please dial down the name-calling and aggressive profanity. Thanks!
johnbarb finds it easier to be a Monday morning quarterback than to have his this-time-it's-different worldview challenged.
How could you possibly agree with him? Considering their typical risk profiles, would bond investors put their money in crypto, at least as it relates to their bond portfolio? That was deaddog's point, which the pimply teenager lambasted. I think deaddog was on point.
Last edited:
I posted this scribble on Mar26 and it turned out to be a roadmap of price since then.
Last edited:
Actually, deaddog used "guarantee... get your money back" and risk-free to describe the US treasuries and used volatility to compare the risk vs Bitcoin which I disproved all points albeit in a colorful way
It is not hindsight when deaddog claims the US treasuries are risk-free and "guarantee to get your money back" today, when we have evidence to the contrary
Tell me, How much would $100k invested in the US 10yr treasury in 2020 be worth today if needs to be sold?
An asset that boasts the most liquidity and market depth, or are you going to argue that it's not a loss until it has been taken, something that is always used against Bitcoin
The yield started at 50 basis points in 2020 and now there's almost half the time has passed on those 10yr treasuries
On the subject of volatility, do you think the price of those 10yr treasuries purchased in 2020 will go back to its price? i.e. the FFR would have to go to negative for that to happen
Those 10yr treasuries had extreme volatility to the downside but has no chance to go up as government bonds do not trade in that manner
On the same subject of risk wrt Bitcoin volatility, there is a sharpe-ratio that shows Bitcoin volatility is not that risky as you get paid with the returns very high CAGR
No, it is not hindsight, but now I wasted my time as always having to educate deaddog and apparently you are also uneducated
Your bias blinds you from the evidence. Fact check everything I said on here and refute them