$ (BTC) The Bitcoin Thread - NO SHITCOINERS ALLOWED

  • 🔧 At about Midnight EST I am going to completely fuck up the site trying to fix something.
MadStan said:
And BTW, putting your money into a StableCoin is still in the system. It is just like any other coin. And in fact, a Stablecoin would in fact be the WORST coin to have in a crash ironically - a real crash as that's what they are hoping to accept as "cash" and not real money.
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If a stablecoin crashes, it loses its entire reason for existing at all.
 
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Pi cycle bottom indicator called the bottom yesterday. Note that the actual bottom it's calling is probably tomorrow or the day after. Expect it to dump to 16.5 - 17.5k (where I am gonna buy, and do a trade on some very bouncy shitcoin like mana, matic or sand that no doubt will be in the floor by then). And it SHOULD bounce, pain and misery over, time for the bulls to slowly climb the stairs again. lol
 
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Will we see 14k? Red faces are being deployed.
 
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Holy shit lol. Was thinking of buying in at the last dip below 18k. So glad I didn't. This ship is sinking.
 
Sorry for the dumb question, i was into crypto in 2020 but sold all mine off around the all time high and havent used it since then. Is there a way I can send @Null bitcoin without using any exchanges? Iirc I can just go to a bitcoin ATM and just buy the bitcoin so it's sent directly to Null's wallet, but if I do that then there will be no way for him to know my username and give me my precious True and Honest Fan tag. Are there any alternatives to doing this that don't involve using a STALKER CHILD crypto exchange that will ban my account?
 
Jimmy Hopkins said:
Sorry for the dumb question, i was into crypto in 2020 but sold all mine off around the all time high and havent used it since then. Is there a way I can send @Null bitcoin without using any exchanges? Iirc I can just go to a bitcoin ATM and just buy the bitcoin so it's sent directly to Null's wallet, but if I do that then there will be no way for him to know my username and give me my precious True and Honest Fan tag. Are there any alternatives to doing this that don't involve using a STALKER CHILD crypto exchange that will ban my account?
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Why don‘t you just take photos of the ATM‘s screen as proof that you did the transaction?
 
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@Pendulous Dong Do you think it will dump now that the lead up hype is over? Also is there a legal way to take profits without paying capital gains? I thought about using stablecoins to do this but they all seem gay and cucked.
 
Mr Moon Cricket said:
Do you think it will dump now that the lead up hype is over?
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It will probably dump briefly as all stocks and ETFs do, but in the end the ETFs will lead to a massive spike in price.
Mr Moon Cricket said:
Also is there a legal way to take profits without paying capital gains?
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I'm sure there's a way if you ask an accountant, but I'm not an accountant. Your safest bet is to hold for more than a year, at which point you pay the long-term capital gains rate of 0% if your gains are up to $44,625, 15% if it's more than $44,625, or 20% if it's over $492,300.
 
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I got offered a job as the sole person on the ground for setting up a new ASIC facility in bumfuck nowhere, North America (1,000+ boards). 20% equity + salary ("On Call" in the sense it can be monitored remotely).
Now, I know playing with crypto on that scale is like playing Russian Roulette with 5/6 chambers loaded, but someone tell me if my sense of "RUN AWAY!!!!" Monty Python style from my intuition is correct. I tend to be pretty conservative on economic outlook matters.

Mind you folks. My field is agricultural work. I don't mess with computers but I am competent enough to understand hydraulic/circuit diagrams and electrical work (I am not a very good coder though).
 
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My opinion re- crypto and alternate investments
BUY = When the world is ignoring it, you ran the numbers and it isn't a scam. No emotions.
SELL = Emotions are high. Drama is ramping up. Redditors are spamming rocket emojis.
RUN AWAY / DUMP IT ALL = There are commercials on TV about it. With celebrity endorsements.
 
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Pendulous Dong said:
It will probably dump briefly as all stocks and ETFs do, but in the end the ETFs will lead to a massive spike in price.
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Good call. It ended up dumping to under $40k and then pumping to over $52k.

I wish I had the balls to increase my poorfolio right now. Maybe if it comes back down a little bit more.
 
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