BTC - who still laughs about it?!

Daxtrader said:
Why are the other cryptos worth anything? Never get a good answer to this by any shitcoiner.
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Who did you ask?

Google Celsius Network ticket symbol $CEL and see if you can figure out why it's outperformed bitcoin btc . Got in around $0.20 cents, currently close to $6 almost 3000% in less than 7 months

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johnarb said:
Who did you ask?

Google Celsius Network ticket symbol $CEL and see if you can figure out why it's outperformed bitcoin btc . Got in around $0.20 cents, currently close to $6 almost 3000% in less than 7 months

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Congrats. I stayed with Nexo cause I don't trade on a cell phone . Wish I made an exception!
 
angrytrader said:
I am not wishing anyone to lose anything in their investments. Don't assume things , that's the best way to be wrong.
The original question was 'how is laughing about btc now?' . I am just pointing out the way I could laugh and who are laughing right now.
The rest is just out of your weird defense mechanism against anyone who attacks your beloved coin. Being part of a religion/cult comes with people laughing at you.
It is part of the game.
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Great!
Don't assume AND the rest is your weird defense mechanism. Immediately contradict self. +1
 
misterkel said:
Congrats. I stayed with Nexo cause I don't trade on a cell phone . Wish I made an exception!
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I have Nexo also. I sold 1/3 of my position on Cel at around $3.40 to diversify to Nexo and another pfolio hodl, it's turning out to be a big mistake. Not on Nexo, but the other pfolio holding, thinking about liquidating a chunk of the other pfolio holding and move to btc. I diversified 1/3 cel at the time as it has irresponsibly become a huge percentage of the pfolio. It still is, but f*ck it, I'm just gonna hodl it.

Cel and btc have the same problem currently which is extreme shortage of available supplies. There's a flywheel image on Cel explaining the reflexive loop that keeps depleting the supplies available for sale but the demand keeps increasing due to Celsius (the company) having to buy Cel tokens every week to pay over 50% of their depositors' interest payments in Cel tokens

Bitcoin has the same reflexive loop. GBTC keeps buying billions of $ worth of bitcoins every week but they never come back out. Pomp explains it as a blackhole since there's no redemption feature on GBTC.

It's a great time to be long cryptos
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Few understand this
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PS: I never trade on the cell phone, too! I have all my CEL tokens outside of the Celsius app, no way I will entrust that much value on a cell phone, i don't care if I miss out on the interest (although it's getting so significant, I am considering depositing a portion to the app, lol. After we talk with our tax accountant. Celsius says they will come up with a desktop version but they've been saying that for a while so not hodling my breath :D
 
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Let me put the price of Bitcoin into the right perspective:

Trading volume on Binance (the so-called largest Crypto Exchange globally) was a lousy 545.541 BTC. Volume weighted average price was 31.514 USDT.

So, 17.192.179.074 USDT changed hands.

Maximum 1 Minute volume I observed was approx 4300 BTC = approx 135.510.000 USDT.

$hit man, with $135 Million max liquidity , I couldn´t execute my "Good Morning ticket" size of $150M in the fiat arena.

Daily turnover in the EUR/USD according to the Bank for International Settlements is $831 billion per day.

Call me when the "Boyz and Girlies" in the crypto space reach a figure close to $50 Billion. I may be inclined to make a market in that stuff!

Until then: keep cool, keep smiling, keep shining!

:cool::cool::cool:

PS: Yep, I didn´t count Bitfinex, Bitstamp, Kraken, Coinbase & Co volumes (yada, yada, yada....) - the older I become, the more I hate to do "basic" research.....:rolleyes::rolleyes::rolleyes:
 
Just remember it my dudes. Do not sell until it reaches 300k , hodl hodl hodl.

I am preparing a few annoying laughs that I will send soon. The comedy is going to be golden.
 
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