Bitcoin-based online gambling

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underdog story
 
Hope you mf'ers are taking some profit. Shit blows my conservative index for the long term mind.
 
Boner_18
Hope you mf'ers are taking some profit. Shit blows my conservative index for the long term mind.
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Nope. DCA $200 a month. Auto deduction from checking account.
 
It's just such shenanigans lol. Funny munny value based on nothing. Still here in 2024 not actually a solution to anything. Happy for you all that are long on it though, nothing wrong with profiting on collective madness!
 
Vegas Dave
It's just such shenanigans lol. Funny munny value based on nothing. Still here in 2024 not actually a solution to anything. Happy for you all that are long on it though, nothing wrong with profiting on collective madness!
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It’s a store of value. 🤷‍♂️

Do people that buy gold use it on a day to day basis?
 
I feel like we’ve had this back and forth before.

It happens during huge pullbacks ($25K) and ATH’s
 
Bitcoin now is more like gold in 1849, not a store of value.

Enjoy the ride. Im jealous.
 
Yeah the dialogue in here is one of two things

When BTC craters to $29K it’s “lol, see I told you this is a house of cards”

When BTC nears ATH it’s “lol, the shenanigans!”
 
Isn't that the same one thing? At least it's consistent.

I'm only 10% about the "I told you so." I just want folks who bought at 29k to take some profits at the ATH. Shit @Tron, if you had bought one BTC in September you could cash it in and be well on your way to that vintage Porsche!
 
Boner_18
Isn't that the same one thing? At least it's consistent.

I'm only 10% about the "I told you so." I just want folks who bought at 29k to take some profits at the ATH. Shit @Tron, if you had bought one BTC in September you could cash it in and be well on your way to that vintage Porsche!
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My post was mostly directed to plommer and Vegas Dave
 
Imagine all the gamblers/gamers that were using BTC in the early days and never kept any.I believe Rito(durito here I think) stated at another forum he had 200 BTC at one time when he cashed out from a online book.
 
Tron
My post was mostly directed to plommer and Vegas Dave
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My opinion of it is always the same. It is intrinsically worthless. When it's closer to zero, it's closer to it's actual worth. When it's sky high, it's silly.

But it doesn't matter what I think. Things are worth what people are willing to pay for them. So the market says it's worth a lot right now, it's worth a lot. Hooray for those of you that hold it.

The fact that we are still having the same back-and-forth is the problem, though. As more time passes, it's worth should be clearer. Things like personal computers, smart devices, the internet were all met with initial resistance before eventually proving their worth and having a massive impact on society.
Tron
It’s a store of value.

Do people that buy gold use it on a day to day basis?
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Gold is also intrinsically worthless, but it's a staple of value throughout the history of humankind. I think it's also a bad investment (if society crumbled and we were in end times, weapons and ammo and fuel and jeans and canned goods are going to be worth a lot more than hunks of metal), but at least it has history behind it.

That's all you see Bitcoin as? "Store of value🤷‍♂️"? Seems like a pretty terrible one given that it isn't in physical form and has no history behind it. Why after all this time is it still so inefficient as currency or something usable, which is what it's supposed to be? Why as a "store of value" can value jump or drop 75% so quickly?

I have friends who have some in their portfolio and agree it's bullshit but just want to ride the wave in case it goes to the moon. I respect them a lot more than the folks who argue it is actually super awesome technology that I just "don't get" or whatever. I've done tons of research on it. It could very well reach a million. And I'll STILL be saying it's stupid intrinsically useless pixels, until it proves to be anything else. Whereas I doubt if it goes to zero, it's champions will still be saying it's amazing.
 
Boner_18
Isn't that the same one thing? At least it's consistent.

I'm only 10% about the "I told you so." I just want folks who bought at 29k to take some profits at the ATH. Shit @Tron, if you had bought one BTC in September you could cash it in and be well on your way to that vintage Porsche!
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Yeah to be clear, I'm happy for people making money on it too, and agree 100% they should enjoy some of the winnings. It's all pure speculation/gambling, why NOT do so?
 
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