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Gossip & Opinions / Re: Bitcoins - about to hit $5,000 per coin today!
« Last post by gib on Today at 04:03:00 AM »
You are confusing adoption with valuation.

Teslas are being increasingly bought. However, this does not necessarily mean that Tesla stock can be valued at any price. Indeed, in the short term, investors, especially those who do not understand fundamental valuation concepts, will likely "pile in". It's the same concept with the usage of any utility token. Alt scammers and promoters take advantage of this naivety and lack of investment experience.
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Gossip & Opinions / Re: Monica Brant - Official appreciation thread
« Last post by Royalty on Today at 03:59:09 AM »
To see Rambone?!?!
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Gossip & Opinions / Re: Bitcoins - about to hit $5,000 per coin today!
« Last post by Griffith on Today at 03:51:02 AM »
In the short term the "smart money" is a voting machine. (Remember "smart money" was also behind every other "alt" which once pumped and then collapsed, including the Trump coin.

In the long term, it is the fundamentals of any asset which determines its value, and the "even smarter money" is actually the market, which as the ultimate weighing (or valuation) machine, will determine the ultimate price.

And the fundamentals of ETH are there and mainstream adoption is surging but as usual you choose to be blind to reality.
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Gossip & Opinions / Re: Bitcoins - about to hit $5,000 per coin today!
« Last post by gib on Today at 03:41:54 AM »
The smart money disagrees with you.

In the short term the "smart money" is a voting machine. (Remember "smart money" was also behind every other "alt" which once pumped and then collapsed, including the Trump coin.

In the long term, it is the fundamentals of any asset which determines its value, and the "even smarter money" is actually the market, which as the ultimate weighing (or valuation) machine, will determine the ultimate price.
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Gossip & Opinions / Re: We Wuz ALL Ethnicities
« Last post by Royalty on Today at 03:41:21 AM »
Ok. Apologies for that outburst.

Your apology is not accepted
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I remember when Jay Cutler placed ahead of Big Ramy at his last Olympia. This was probably the most egregious misjudging I have ever seen. The judging is just BS. Why do ppl act surprised every year?

You were an INCEL back then.

And you are an INCEL now.
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Gossip & Opinions / Re: Random pics
« Last post by GymnJuice on Today at 03:34:25 AM »
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Gossip & Opinions / Re: Bitcoins - about to hit $5,000 per coin today!
« Last post by Griffith on Today at 03:30:35 AM »
BTC (and gold) have no PE - that's the whole point. BTC serves as the ultimate ledger for base-layer of money - of economic energy - both are protocols backed by energy and physics. Gold being the analogue version of BTC.

Eth and BNB (and many other platforms) have intrinsic value - and that in turn, in the long term, will govern their ultimate valuation. (Which as of now, back of envelope, is around $500 for Eth, and $300 for BNB - of course with a wide degree of variance depending on the variables and assumptions you put into the calculation).

The smart money disagrees with you.
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Gossip & Opinions / Re: Bitcoins - about to hit $5,000 per coin today!
« Last post by gib on Today at 03:23:13 AM »
Bitcoin's PE is in the thousands - lol!

BTC (and gold) have no PE - that's the whole point. BTC serves as the ultimate ledger for base-layer of money - of economic energy - both are protocols backed by energy and physics. Gold being the analogue version of BTC.

Eth and BNB (and many other platforms) have intrinsic value - and that in turn, in the long term, will govern their ultimate valuation. (Which as of now, back of envelope, is around $500 for Eth, and $300 for BNB - of course with a wide degree of variance depending on the variables and assumptions you put into the calculation).
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Gossip & Opinions / Re: Bitcoins - about to hit $5,000 per coin today!
« Last post by gib on Today at 03:18:31 AM »
Good keynote here from Saylor:

i=H_dCS8fPyEiVIc3B
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