Morgan Stanley Says Crypto Could Become More Widely Used as Currency

Before I was a stupid idiot now I am not or at least you assume I am not. You should re-read your past 20 or 30 posts to notice that you seem to be having some serious issues. And you shift the goal post once again. You asked me to prove my assertion about the 5.6% loss within 6 hours. I posted evidence. Now you move to the next topic and post more nonsense. Are you aware that you are coming across as extremely mentally unbalanced and childish? Each time you disagree with someone they are idiots or stupid instead of addressing the issue. "show me a three year period where btc lost value"? Nicely picked, but does not work when any of your lemmings bought btc last year. They would now sit on a massive 46% loss. Are you guaranteeing them that btc will recover that loss? In 6 months? 1 year? 5 years? 10 years?

I made my point, I actually responded to another poster who talked about savings accounts before you had to inject yourself again into every conversation. Peace.

johnarb said:
Store of Value

I'm going to assume that you are not a complete idiot

Store of Value means you store your wealth in something so that you can use it later, for example if you work and put all your salary into a savings account

---------------------------

In the past, people used cattle, seashells, rocks, glass beads and even metal coins as Store of Value, until their values collapsed

----------------------------

The US $ or the Canadian $ or the British Pound are not good Stores of Value over a long time period

Consider the $100,000 from fifty years ago and how much value you could purchase then and how much value you can purchase now. Do the same for the other fiat currencies I mentioned

-----------------------------------

Store of Value means long term

Show me a 3 year period where someone lost value in BTC

Price volatility is due to the inefficiency of the markets. Bitcoin has been in a price-discovery since inception

----------------------------------

Bitcoin and blue chip crypto assets have been the greatest wealth generators in the history of the world and normal, average citizens of the world were able to acquire these crypto digital assets before the wealthy rich elite fuckers got in
  • Gold has been dead for the past 10 years. Is gold not a Store of Value??

------------------------------------

For the past 10 years, people in Venezuela, Turkey, Lebanon, Argentina, Afghanistan, Peru, Sri Lanka, and just about any place in the world would have successfully used Bitcoin as a Store of Value


Do you understand what I'm saying or are you too stupid to understand all the evidence that I've been posting and you just never acknowledge them?
More...
 
johnarb said:
Store of Value

I'm going to assume that you are not a complete idiot

Store of Value means you store your wealth in something so that you can use it later, for example if you work and put all your salary into a savings account

---------------------------

In the past, people used cattle, seashells, rocks, glass beads and even metal coins as Store of Value, until their values collapsed

----------------------------

The US $ or the Canadian $ or the British Pound are not good Stores of Value over a long time period

Consider the $100,000 from fifty years ago and how much value you could purchase then and how much value you can purchase now. Do the same for the other fiat currencies I mentioned

-----------------------------------

Store of Value means long term

Show me a 3 year period where someone lost value in BTC

Price volatility is due to the inefficiency of the markets. Bitcoin has been in a price-discovery since inception

----------------------------------

Bitcoin and blue chip crypto assets have been the greatest wealth generators in the history of the world and normal, average citizens of the world were able to acquire these crypto digital assets before the wealthy rich elite fuckers got in
  • Gold has been dead for the past 10 years. Is gold not a Store of Value??

------------------------------------

For the past 10 years, people in Venezuela, Turkey, Lebanon, Argentina, Afghanistan, Peru, Sri Lanka, and just about any place in the world would have successfully used Bitcoin as a Store of Value


Do you understand what I'm saying or are you too stupid to understand all the evidence that I've been posting and you just never acknowledge them?
More...

John,
Very respectful of your input but USD has been here for a while. BTC is less than 2 decades old and heavily distorted by manipulation, let’s see what happens in next decade.
 
M.W. said:
Before I was a stupid idiot now I am not or at least you assume I am not. You should re-read your past 20 or 30 posts to notice that you seem to be having some serious issues. And you shift the goal post once again. You asked me to prove my assertion about the 5.6% loss within 6 hours. I posted evidence. Now you move to the next topic and post more nonsense. Are you aware that you are coming across as extremely mentally unbalanced and childish? Each time you disagree with someone they are idiots or stupid instead of addressing the issue. "show me a three year period where btc lost value"? Nicely picked, but does not work when any of your lemmings bought btc last year. They would now sit on a massive 46% loss. Are you guaranteeing them that btc will recover that loss? In 6 months? 1 year? 5 years? 10 years?

I made my point, I actually responded to another poster who talked about savings accounts before you had to inject yourself again into every conversation. Peace.
More...

Naah, dude, I tone down my responses when you tone down yours. Same if you're disrespectful, I become disrespectful

Store of Value means long term that is the reason you were unable to find a 3-year period when value was lost on holding BTC
 
RedDuke said:
John,
Very respectful of your input but USD has been here for a while. BTC is less than 2 decades old and heavily distorted by manipulation, let’s see what happens in next decade.
More...

You're correct that BTC has only existed for 13 years and that is why it's on a wild price-discovery, but long term uptrend

  • $500K/BTC within 5 years
  • $1M/BTC within 10 years

That seems to me like an opportunity, but agree with you let's see what happens in a decade
 
M.W. said:
but you guys mislead, lie, and falsify what stands as facts for everyone to see. Which chart did I read wrong? What exactly are you accusing me of? Or will you or your shill brother now respond with something that changes the topic again?
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You sound mad.

Even if we did falsify facts (which we didn't) how does that affect you? And what the hell is a shill? LOL

Not accusing you of anything, but how does an 8% drop mean the end of the Bulls?

At this point I'm trying to figure out if you are serious or not. You sound like an angry old man that is confused with new technology. I mean I just can't take you seriously at this point, you're posts are very laughable .
 
M.W. said:
Before I was a stupid idiot now I am not or at least you assume I am not. You should re-read your past 20 or 30 posts to notice that you seem to be having some serious issues. And you shift the goal post once again. You asked me to prove my assertion about the 5.6% loss within 6 hours. I posted evidence. Now you move to the next topic and post more nonsense. Are you aware that you are coming across as extremely mentally unbalanced and childish? Each time you disagree with someone they are idiots or stupid instead of addressing the issue. "show me a three year period where btc lost value"? Nicely picked, but does not work when any of your lemmings bought btc last year. They would now sit on a massive 46% loss. Are you guaranteeing them that btc will recover that loss? In 6 months? 1 year? 5 years? 10 years?

I made my point, I actually responded to another poster who talked about savings accounts before you had to inject yourself again into every conversation. Peace.
More...

It's not that I'm moving the goal post but you do know about TWAP, since you're on Elite Trader?

The range on the data that I use does not have an 8% range. The 24-hour period volume is over $30 Billion, is it possible it wicked up and wicked down today on a couple of hundred million $ worth of liquidations of leveraged traders?

Possible but it's not part my Store of Value thesis on Bitcoin. Long term, over 3 years whether you agree or not

  • Price of BTC last year 4/21/2022 was around $50-51K massive loss?

  • How's that compared to someone holding bonds in their portfolio from last year 4/21/2021?

Stick around for 3 years and let's revisit how Bitcoin performs

Who guarantees other people's money? Am I going to get part of their wealth if BTC goes to $1M within 10 years?

Don't be deceptive. This is a forum to discuss ideas. Everyone is responsible for their actions. Bitcoiners and cryptos people are here to offer our knowledge and points of view

Here's my data with breakdown of all the exchanges and the respective volumes for the past 24 hours

https://coinmarketcap.com/currencies/bitcoin/markets/
 
johnarb said:
You're correct that BTC has only existed for 13 years and that is why it's on a wild price-discovery, but long term uptrend

  • $500K/BTC within 5 years
  • $1M/BTC within 10 years

That seems to me like an opportunity, but agree with you let's see what happens in a decade
More...

or
5K and then
sub 1K:sneaky:
 
johnarb said:
You're correct that BTC has only existed for 13 years and that is why it's on a wild price-discovery, but long term uptrend

  • $500K/BTC within 5 years
  • $1M/BTC within 10 years

That seems to me like an opportunity, but agree with you let's see what happens in a decade
More...

Yes but what we really want to know is, will you eat your dick if it doesn't? :D
 
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