Why This Computer Scientist Says All Cryptocurrency Should “Die in a Fire”

Ok, so it's a trade and not an investment. Got it. And finally I agree, it's something to get in and out of quickly, never hold.
I've been trying to convince john of that for some time now. I think I'm getting through to him although he won't admit it.
 
Ok, so it's a trade and not an investment. Got it. And finally I agree, it's something to get in and out of quickly, never hold.

Yes, trade cryptos in a bull market (but stacking sats is for Bitcoin maxis)

Quickly is relative

  • CEL tokens from 2 cents to over $9 in 1.5 years
  • SOL tokens from 50 cents to over $250 in over 2 years
  • FTM tokens from less than 1 cent to $3.50 over 2 years
  • AAVE tokens from a few dollars (pre-reverse split LEND) to over $650 in 1.5 years
  • BAYC NFT's from $600 each to over $800K when accounting for airdrops of MAYC, BAKC, and APE coins over the course of 1.5 years (selling in April ATH)
  • many many more, SAND, MANA, LUNA before it crashed) AVAX,

These are only in this past bull market cycle from 2020 to 2022
 
I've been trying to convince john of that for some time now. I think I'm getting through to him although he won't admit it.

No, deaddog, you did not convince me of anything. You know I've cashed out profits on this bull market cycle otherwise, I would be working a regular job right now
 
No, deaddog, you did not convince me of anything. You know I've cashed out profits on this bull market cycle otherwise, I would be working a regular job right now
Can't say I haven't tried. When we first started talking I thought you had put enough away for a couple years of crypto winter.
 
Can't say I haven't tried. When we first started talking I thought you had put enough away for a couple years of crypto winter.

You're not convincing me of shit, deaddog. I've been doing ok way before I even heard of you

I treat Bitcoin different than all cryptos

When we started talking, I only recommended Bitcoin to you as a savings account, you can look it up

That was my biggest fucking mistake which I don't want go on a vicious circular discussion with you, anymore

I trade cryptos short term and medium term. Bitcoin is always long term

These were before i cashed out and way before we had any interaction

https://www.elitetrader.com/et/threads/ampleforth-token-ampl.347381/

https://www.elitetrader.com/et/threads/sushi-defi-token-for-sushiswap-a-fork-of-uniswap.349516/


My first mention of Celsius on the Defi thread price of CEL was 40 cents, I was long 250,000 CEL tokens from a few months before

https://www.elitetrader.com/et/threads/defi-going-bankless.349553/page-2#post-5204866

I was also long LEND (before AAVE conversion) same time I entered CEL
 
I've read numerous news bulletins of crypto being hacked, stolen, lost.
Security is a very large issue and governments won't guarantee safety of your accounts.

As I understand cold wallets can be made quite secure but nothing is foolproof because to transact you still need to be online.
The ones I mentioned lost money through various crypto investment schemes, greed and FOMO involved.
Crypto world is the wild west right now and I'd be scared out of my mind if I held serious wealth in any of the coins.
 
You're not convincing me of shit, deaddog. I've been doing ok way before I even heard of you
Is that why you are so pissed with me because you aren't doing so good since you heard of me? You know it's not my fault!!

When we started talking, I only recommended Bitcoin to you as a savings account, you can look it up
We first interacted in the thread "Can you beat someone who religiously buy and hold bitcoin from inception with trading?" (post #55)

You challenged me that theory was different than practice, then threw out a challenge to show you how to trade. (#59 &69)

We settled on a challenge of HODL vs trading for 5 bitcoin. Your number not mine. (#76)

You mention that you had sold 500K prior to our interaction. (#79) You were concerned about taxes at the time.

On April 23 in the thread " Crypto Macro Trends for 2022" I reported a couple small losses (Post #181)

On Aug 11 in the "Can you beat" thread I tried again with BTC but got stopped out quickly.(#109)

So I'm down a couple grand trading trend line breaks that failed.

Now at this point I could buy 10 BTC and prove my point. But I don't want to tie up my capital and BTC hasn't shown that it wants to trend up. I could continue lower or go sideways for some time.

That was my biggest fucking mistake which I don't want go on a vicious circular discussion with you, anymore
So since we started to interact you have apparently fallen on hard times. Gone from 20 BTC to 15 and burned through most of your cash. It's not my fault. And you still can't admit that maybe, just maybe, I might have a point.
 
Is that why you are so pissed with me because you aren't doing so good since you heard of me? You know it's not my fault!!

Don't blame him, it is just a lack of education. His behavior is similar to that of Russians. His language can be very vulgar too.

So since we started to interact you have apparently fallen on hard times. Gone from 20 BTC to 15 and burned through most of your cash. It's not my fault. And you still can't admit that maybe, just maybe, I might have a point.

His ego is too big, so never expect him to tell something that might hurt his ego.
 
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Is that why you are so pissed with me because you aren't doing so good since you heard of me? You know it's not my fault!!

No, it's not why I'm pissed at you. You're just a piece of shit and wasted my time. I'm not quoting your other bullshits trying to discuss Bitcoin. Fuck off

What do you call someone who constantly says something they know is a lie? I call that person a lying piece of shit

You repeatedly say "if I buy Bitcoin, I have to find a greater fool to sell it to"

When confronted by Oracle that is not how buying and selling bitcoin works and if you understand order book, you admitted that you do. You were exposed as a liar that you are

So since we started to interact you have apparently fallen on hard times. Gone from 20 BTC to 15 and burned through most of your cash. It's not my fault. And you still can't admit that maybe, just maybe, I might have a point.

I've deleveraged and sold most of my crypto assets, you can look it up on my crypto macro thread and it was down to 15, but increased it to 18 BTC's after BAYC sale

You must be referring to a screenshot on another thread where I only showed 15 btc's, those are onchain bitcoins and relevant to the thread

Exchange bitcoins don't show up in onchain reports and I did not include a screenshot. If you're too stupid to understand that. Good. Stay ignorant

The only thing I've done as far as btc holdings is to move half from Coinbase to Kraken. I am also still holding my MSTR LEAPS call options

You're an ass, deaddog, for making ASSumptions


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Don't blame him, it is just a lack of education. His behavior is similar to that of Russians. His language can be very vulgar too.

His ego is too big, so never expect him to tell something that might hurt his ego.

Hey virtusa-is-a-liar, my Russian cousins are ready to violate your asshole and your mouth, again teehheheheh

Bend over, virtusa-is-a-liar, the Russians are cumming. Don't worry, they add fries to your burgers, BWAHAHAHAHAHAHHAHAH
 
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