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I just bought $200,000 of Bitcoin


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37 minutes ago, lkn said:

And I think he has already implied that I am actually quite knowledgable about crypto

Yes, you are knowledgeable about the technical stuff,. 

 

If you unblock me, we can have a discussion, like the grown ups we are ????

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21 hours ago, Sparktrader said:

A house is a real asset

Again,  you really fail to have even a rudimentary grasp of investing concepts. A house is a "tangible" asset sometimes called a hard asset.  Bitcoin is an "intangible"  it does not physcially exist. 

image.png.7176b4a5303c4a69a59c5283d9e01756.png

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4 hours ago, Will B Good said:

Market up 13% overnight....not a bad return.

 

Rouble might be a good bet now along with PolyMetal.

 

Why do you say rouble is a good bet? 

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5 hours ago, Pravda said:

Well, all the losses have been erased. Sold polkadot at hefty profit. Still holding btc

I won't be surprised if we see new highs in the next few months. By this I'm talking about $70k and up.

 

The chartists would call this a 'confirmed double bottom on the weekly chart'.

Time will tell and patience pays ????

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2 hours ago, Longwood50 said:

Again,  you really fail to have even a rudimentary grasp of investing concepts. A house is a "tangible" asset sometimes called a hard asset.  Bitcoin is an "intangible"  it does not physcially exist. 

image.png.7176b4a5303c4a69a59c5283d9e01756.png

Cash devalues every year. Once again you fail basic investing logic.

 

People invest to gain not lose.

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5 minutes ago, ukrules said:

I won't be surprised if we see new highs in the next few months. By this I'm talking about $70k and up.

 

The chartists would call this a 'confirmed double bottom on the weekly chart'.

Time will tell and patience pays ????

Yes and Longwood will still say cash is better 555

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Absolutely shocking that gold is not moving. Platinum is an absolute bargain. It really does look like the whole world has moved into crypto.

 

How long will it last tho?

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5 hours ago, Longwood50 said:

Again,  you really fail to have even a rudimentary grasp of investing concepts. A house is a "tangible" asset sometimes called a hard asset.  Bitcoin is an "intangible"  it does not physcially exist. 

image.png.7176b4a5303c4a69a59c5283d9e01756.png

Longwood, some of what you say has a lot of merit.  But this argument that it's not tangible and doesn't exist doesn't hold a lot of water in a digital realm.  All we have in a digital realm are representations of things.  

 

Files on your computer...dont exist.  Representations of them do, you can print one but thats relatively intangible. If your hard drive crashes you can't open it up and take out the files.  You can "move" them...but what are you really moving?  A bunch of 1s and 0s and hoping that they all make it to their new destination otherwise...the somewhat tangible has evaporated into ether.

 

Wi-Fi..isn't tangible.  You can't hold it, touch it, feel it, etc.  But you can see the output of it.  You use it every day.  Fiber optic cable is tangible...but it's merely the vessel that delivers electronic impulses that are assembled through 7 layers of topology (otherwise known as the OSI model) starting at that little black box called a router and ending at your computer screen.

 

As a matter of fact, pretty much anything that has to do with the digital realm, including numbers themselves, are intangible.  You can't own a number nine.  You can own nine candles, nine rocks, nine pork bellies, or nine pesos.  But the actual number nine is about abstract as anything else.  If you were to show an alien the number nine...what would you show them?

 

C'mon man...you make some good points but seriously...just concede a little bit and try to see past years of doing things one way.  Be open to a world of new possibilities and new ways of doing things.  With quantum computing and everything that has emerged in tech within the past 10-15 years and how small the world has gotten, is it too far-fetched to believe we're at the dawn of a new era?  Be excited man.  Have hope.  If currency didn't evolve we'd still be using rocks to pay for stuff ????

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Just now, happydreamer said:

Longwood, some of what you say has a lot of merit.  But this argument that it's not tangible and doesn't exist doesn't hold a lot of water in a digital realm.  All we have in a digital realm are representations of things.  

 

Files on your computer...dont exist.  Representations of them do, you can print one but thats relatively intangible. If your hard drive crashes you can't open it up and take out the files.  You can "move" them...but what are you really moving?  A bunch of 1s and 0s and hoping that they all make it to their new destination otherwise...the somewhat tangible has evaporated into ether.

 

Wi-Fi..isn't tangible.  You can't hold it, touch it, feel it, etc.  But you can see the output of it.  You use it every day.  Fiber optic cable is tangible...but it's merely the vessel that delivers electronic impulses that are assembled through 7 layers of topology (otherwise known as the OSI model) starting at that little black box called a router and ending at your computer screen.

 

As a matter of fact, pretty much anything that has to do with the digital realm, including numbers themselves, are intangible.  You can't own a number nine.  You can own nine candles, nine rocks, nine pork bellies, or nine pesos.  But the actual number nine is about abstract as anything else.  If you were to show an alien the number nine...what would you show them?

 

C'mon man...you make some good points but seriously...just concede a little bit and try to see past years of doing things one way.  Be open to a world of new possibilities and new ways of doing things.  With quantum computing and everything that has emerged in tech within the past 10-15 years and how small the world has gotten, is it too far-fetched to believe we're at the dawn of a new era?  Be excited man.  Have hope.  If currency didn't evolve we'd still be using rocks to pay for stuff ????

May as well go the whole hog.......the only things that can be said to 'exist' are disturbances in fields.

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