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What do people think about Bitcoin?

Discussion in 'BBS Hangout' started by Spooner, Jan 25, 2014.

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What is the fate of Bitcoin?

  1. Currency of the future

    108 vote(s)
    34.8%

  2. Passing Fad

    202 vote(s)
    65.2%
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  1. Ziggy

    Ziggy QUEEN ANON

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    They should make crypto into tangible monies to prevent this. LIke pieces of paper.
     
    #4521 Ziggy, Dec 15, 2020
    adoo, dmoneybangbang, Yung-T and 1 other person like this.
  2. saitou

    saitou J Only Fan

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    lolz!
     
    #4522 saitou, Dec 15, 2020
  3. DonnyMost

    DonnyMost Member
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    :D
     
    #4523 DonnyMost, Dec 16, 2020
    Yung-T and Ziggy like this.
  4. Ziggy

    Ziggy QUEEN ANON

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    When you double dip by trading MARA and/or RIOT - it gets real wild, fam.
     
    #4524 Ziggy, Dec 16, 2020
  5. Ziggy

    Ziggy QUEEN ANON

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    [​IMG]
     
    #4525 Ziggy, Dec 16, 2020
  6. DonnyMost

    DonnyMost Member
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    I got my spacesuit on bois

    where my lambo
     
    #4526 DonnyMost, Dec 16, 2020
  7. Ziggy

    Ziggy QUEEN ANON

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    $30k before Biden takes office. See you in Valhalla.
     
    #4527 Ziggy, Dec 17, 2020
  8. DonnyMost

    DonnyMost Member
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    [​IMG]
     
    #4528 DonnyMost, Dec 17, 2020
    Ziggy likes this.
  9. DonnyMost

    DonnyMost Member
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    #4529 DonnyMost, Dec 17, 2020
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  10. Ziggy

    Ziggy QUEEN ANON

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    And me. Triple dipping with MARA & RIOT options.

     
    #4530 Ziggy, Dec 17, 2020
  11. DonnyMost

    DonnyMost Member
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    Too galaxy brain for me bro. I stick to indexes.
     
    #4531 DonnyMost, Dec 17, 2020
  12. Ziggy

    Ziggy QUEEN ANON

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    The risk-r****d, I mean risk reward is so worth it.
     
    #4532 Ziggy, Dec 17, 2020
  13. DonnyMost

    DonnyMost Member
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    Any thoughts on GBTC?
     
    #4533 DonnyMost, Dec 17, 2020
  14. Major

    Major Member

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    This is the worst possible way to own Bitcoin. You pay a massive premium - I think right now buying GBTC is buying Bitcoin at over $30,000 based on the amount they have. If that premium ever goes away (for example, if open-fund ETFs get approved), GBTC will tank relative to BTC.

    If it was shortable, the smart trade (if you could handle some temporary pain if the premium increases) would be to buy BTC at $23k and short the equvalent amount of GBTC and make a free $7k+. But it's not easy to short, and markets can be irrational in the short-term so that premium could go up.
     
    #4534 Major, Dec 17, 2020
  15. Dr of Dunk

    Dr of Dunk Clutch Crew

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    #4535 Dr of Dunk, Dec 17, 2020
    Yung-T likes this.
  16. Ziggy

    Ziggy QUEEN ANON

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    Rich. Smart (I guess?). @tinman hero. Texan. Humor of a 14 year old.



    Fastest way to the MOON though.
     
    #4536 Ziggy, Dec 20, 2020
  17. Dr of Dunk

    Dr of Dunk Clutch Crew

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    He sent this hot garbage soaring again with a tweet.

    Man, if I were some of these guys, I'd buy into some garbage coin and say something nice about it and profit. lol. Is it even regulated?

     
    #4537 Dr of Dunk, Dec 20, 2020
  18. Commodore

    Commodore Member

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    #4538 Commodore, Dec 22, 2020
  19. Xenon

    Xenon Member

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    Oof XRP is getting crushed right now.
     
    #4539 Xenon, Dec 22, 2020
  20. Dr of Dunk

    Dr of Dunk Clutch Crew

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    The SEC can do that to ya. lol.
     
    #4540 Dr of Dunk, Dec 23, 2020
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