ChiefsPlanet - Money Bitcoin Take?

Bitcoin has been a good investment because it’s a bad currency, but if it’s a bad currency, why would it be a good investment?

Why would digital gold go up so much more than actual gold if that’s the sole source of its value?

I don’t actually give a shit it’s just funny watching you guys get your lives all wrapped up in it while being one tweet away from it sinking a lot of you.

Sinking? Did you even read the tweet? Know what you are talking about or STFU.

While doing so you should stop rooting for the Chiefs. They are one major QB injury away from sinking the season. Why bother?

Jewish Rabbi

05-12-2021 07:04 PM

Quote:

Originally Posted by BWillie (Post 15671520)

Was able to get 10 off at around 50kish.

Thats all I can do remotely without being at home.

USD tax man gonna have a big bill for me next yr.

You’ve seen bigger dips than this, not sure why the panic.

Ninerfan11

05-12-2021 07:12 PM

Quote:

Originally Posted by Jewish Rabbi (Post 15671558)

You’ve seen bigger dips than this, not sure why the panic.

Elon's tweet is pretty big because it's part of a very large, global agenda being pushed by tons of money/power at the same time. I can understand the panic. I'm not selling though, bull markets usually don't end like this.

Halfcan

05-12-2021 07:19 PM

Quote:

Originally Posted by MTG#10 (Post 15671515)

Nobody was wrecked unless they sold. It'll recover within a week, two max.

Or, by tomorrow. People are not going to stop trading because of this Dbag or the environment. Too much money to be made.

ChiefRocka

05-12-2021 07:47 PM

Quote:

Originally Posted by |Zach| (Post 15671527)

Bitcoin has been a good investment because it’s a bad currency, but if it’s a bad currency, why would it be a good investment?

Bitcoin/Gold are not good currency, they’re an effective store-of-value vehicle. One has thousands of years of price discovery, the other is a decade old technological innovation

Why would digital gold go up so much more than actual gold if that’s the sole source of its value?

It has better characteristics of a Hard Money, not worth more than gold currently. Research market cap.

I don’t actually give a shit it’s just funny watching you guys get your lives all wrapped up in it while being one tweet away from it sinking a lot of you

If you cant handle 15% dips you don’t deserve the 800% gains.

Halfcan

05-12-2021 08:07 PM

Quote:

Originally Posted by BWillie (Post 15671520)

Was able to get 10 off at around 50kish.

Thats all I can do remotely without being at home.

USD tax man gonna have a big bill for me next yr.

BTC price at 50k? I traded out at 59 less than a week ago.

Prices will be headed back up by tomorrow.

eDave

05-12-2021 08:08 PM

More into alts.

Hey Zach. I looked and you haven't once belittled anyone trading stocks and incurring losses. Happens all the time and with considerably more effort put into it. What gives, Zach?

Jewish Rabbi

05-12-2021 08:40 PM

Quote:

Originally Posted by eDave (Post 15671655)

More into alts.

Hey Zach. I looked and you haven't once belittled anyone trading stocks and incurring losses. Happens all the time and with considerably more effort put into it. What gives, Zach?

It’s because |Zoccer| is a ****ing pussy.

eDave

05-12-2021 08:42 PM

Quote:

Originally Posted by Jewish Rabbi (Post 15671698)

It’s because |Zoccer| is a ****ing pussy.

Doge netted me more than his yearly salary. In 2 days. And had the money to do so.. Yet here's Zach questioning my investment decisions.

Now is the time to improve your overall financial position, Zach.

TambaBerry

05-12-2021 09:06 PM

Idk the dip hasn't effected me at all, still have the same amount of coins as before the dip. I ain't no paper handed bitch

Ninerfan11

05-12-2021 09:06 PM

haters gonna hate.

eDave how do the charts on BTC look to you? I think we could go down to 40K and still be in a bull market.

Halfcan

05-12-2021 09:09 PM

Quote:

Originally Posted by Ninerfan11 (Post 15671725)

haters gonna hate.

eDave how do the charts on BTC look to you? I think we could go down to 40K and still be in a bull market.

That is why I cashed out and put it in Eth. Eth already moving up.

Iconic

05-12-2021 09:13 PM

This is just a great opportunity to buy if you didn't already. I'm personally loving the crash as I was late to the table and got a better chance to position myself right now.

eDave

05-12-2021 09:19 PM

Quote:

Originally Posted by Ninerfan11 (Post 15671725)

haters gonna hate.

eDave how do the charts on BTC look to you? I think we could go down to 40K and still be in a bull market.

3d doesn't look good right now and weekends are hit and miss. Hard to tell when the correction buying will start.

ETH and Cardano held strong, considering. There are really positive reasons for that.

Remember, this is the start of alt season anyway so BTC won't bounce like alts as it was always going to retract.

Diversify in eth, ADA, and ergo. BTC as a "savings account" for opportunities like this. Stake your investment where you can.

|Zach|

05-12-2021 10:47 PM

Quote:

Originally Posted by eDave (Post 15671655)

More into alts.

Hey Zach. I looked and you haven't once belittled anyone trading stocks and incurring losses. Happens all the time and with considerably more effort put into it. What gives, Zach?

I honestly had no idea a straight forward comment about it all would be that big of deal to you. Like I said I don’t give a shit feel free to make a bunch more posts my self worth isn’t wrapped up in this even a little bit like it is yours.

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