Bitcoin ‘tourists’ have been purged, only hodlers remain

[ZBZB]

This is con trick to bankrupt and control smaller economies.

While rich countries hold $Trillions in hard gold reserves.

They are now encouraging poorer countries to hold worthless crypto.

Gold production increases by 3% a year.

 

[ElCubano]

if everyone decides encapsulated celebrity farts are the new money, does that make ME the crazy one ?

OMG, this was funny stuff kid.

 

[RedDuke]

Did they say "BTC specifically", or was it CBDC...??

CBDC of course.

 

[M.W.]

... And that is how it should be. But even during the worst drawdown of cryptos you must come out and still spill your pathetic pump and hype. That makes YOU appear stupid, not the others...

During a bull market these assholes seemingly disappear and become quiet

And the cycle continues as Bitcoin and cryptos adoption keep growing worldwide

 

[newwurldmn]

a 20percent drop in the markets changed their retirement plans by several years? If that’s their margin of safety they shouldn’t have considered retiring in the first place.

Yes, over $10 Trillion have been lost in the stock market and bond market value

I've spoken with at least 2 friends recently who were planning to retire in 2-3 years and are now considering delaying the retirement for a few more years because of the value of their 401K's have declined significantly

There are people like me who are invested in Bitcoin and crypto assets

You're celebrating a price crash during a time when trillions of $ are being lost in many investments. Understand how you present yourself with your posts

We'll be here when the cycle turns back to a bull market


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[johnarb]

a 20percent drop in the markets changed their retirement plans by several years? If that’s their margin of safety they shouldn’t have considered retiring in the first place.

They're still both young so it's not a big deal to push retirement a few years

One already on a 2nd retirement plan, retired very young from a union job and wants to have a high monthly retirement income. Other is a director so I'm pretty sure it's cushy easy job

But like many people, bull market in the stocks were often the topic during many lunches the past few years so they might have been invested in the growth stocks that took bigger than 20% hits

 

[johnarb]

... And that is how it should be. But even during the worst drawdown of cryptos you must come out and still spill your pathetic pump and hype. That makes YOU appear stupid, not the others...

that is how it should be??

Where is this rule from, asshole??

 

[JackMorgan]

a 20percent drop in the markets changed their retirement plans by several years? If that’s their margin of safety they shouldn’t have considered retiring in the first place.

stocks are not money. stocks and even long dated bonds are a form of lottery ticket

i thought everyone with an iq>75 knew this

 

[Aisone]

Buying begets buyers...the only thing required to attract buyers of bitcoin (or anything else for that matter) is for the price to start rising.

 

[newwurldmn]

They're still both young so it's not a big deal to push retirement a few years

One already on a 2nd retirement plan, retired very young from a union job and wants to have a high monthly retirement income. Other is a director so I'm pretty sure it's cushy easy job

But like many people, bull market in the stocks were often the topic during many lunches the past few years so they might have been invested in the growth stocks that took bigger than 20% hits

that’s even less thought out!