Bitcoins - about to hit $5,000 per coin today!

[FitnessFrenzy]

$ 22,653.15

[affeman]

$ 22,653.15

[gib]

Good morning Mr A. Here is great clip, that with quite simple to understand yet compelling explanations, addresses every single one of your objections and misconceptions about Bitcoin. This is one of the clearest overall discussions I have seen on Bitcoin for the common layman.

Watch it, and then get back to me if you still have any doubts or questions!

Good mooooorning Mr Anabolic!!!

Have you watched this yet? Please do yourself a favor, and take the time (just an hour or so) to listen with an open mind. This will help you a lot.

If really needed, pop an MDMA tab, let your bitterness, stubbornness, and hostility go, and just open your mind to think logically about the big picture, this moment in time, and what is happening right before your eyes as we bear witness the birth of a new global currency...

xxx Gib $$$

[polychronopolous]

US-Based Hedge Fund To Increase Bitcoin Exposition to $1 Billion

One River Asset Management has bought $600 million in BTC in November and plans to expand its crypto portfolio to $1 billion.

 The large bitcoin institutional investments keep emerging frequently, and the latest one has come from the US-based hedge fund One River Asset Management. After establishing a new company oriented in digital asset investments, the fund has purchased $600 million in BTC and plans to add ETH and expand its holdings to $1 billion in the next few months.
One River Digital Asset Management Invests $600M In BTC

Bitcoin has seen a massive spike in interest from institutional investments in the past few months. The latest one to join the “buy BTC” bandwagon is the Connecticut-based hedge fund specializing in volatility bets – One River Asset Management.

The fund’s CEO, Eric Peters, explained that his company has set up a new venture specializing in cryptocurrency investments called One River Digital Asset Management.

Through its newly-established arm, the hedge fund has purchased $600 million in bitcoin. The company completed all transactions in November before BTC reached $16,000.

Moreover, the organization plans to double-down on its crypto investments by adding Ethereum and expanding its portfolio to about $1 billion as of early 2021. Peters believes that “there is going to be a generational allocation to this asset class,” as the inflows “have only just begun.”

 https://cryptopotato.com/us-based-hedge-fund-to-increase-bitcoin-exposition-to-1-billion/

[FitnessFrenzy]

$ 23,083.41

[DooM_]

[epic is back]

11 k

By March

[gib]

Oh wow.

Visa jumps on the Bitcoin train. Its becoming increasingly apparent now that at this point its a "if you can't beat em, join em" effect taking place. Anyone who secures some BTC now, will forever own a chunk of the future financial system upon which all global currencies will be based for all 6 billion people in the world. These things take time for banks, funds, governments etc to adapt and embrace, but its happening just as I predicted. Its a rare unique opportunity where we as individuals can get in ahead of the institutions.

https://finance.yahoo.com/news/visa-has-also-quietly-warmed-to-crypto-along-with-pay-pal-and-square-200953910.html

[polychronopolous]

Oh wow.

Visa jumps on the Bitcoin train. Its becoming increasingly that at this point its a "if you can't beat em, join em" effect taking place. Anyone who secures some BTC now, will forever own a chunk of the future financial system upon which all global currencies will be based. These things take time for banks, funds, governments etc to adapt. Its a rare unique opportunity where we as individuals can get in ahead of the institutions.

https://finance.yahoo.com/news/visa-has-also-quietly-warmed-to-crypto-along-with-pay-pal-and-square-200953910.html

This part of the article really interests me. Earn Bitcoin rewards in place of airline miles or cash back.

The infrastructure is being built right before our very eyes. Very much different than 2017 when people were blindly throwing their money into some random alt-coin.

a bitcoin rewards app, will offer a Visa debit card that offers bitcoin rewards in place of airline miles or cash back; BlockFi, an exchange that offers interest on customers’ crypto holdings, will offer a Visa credit card that gives 1.5% cash back in bitcoin. And there are others coming. (Coinbase Card already launched in Europe and the U.K. last year; Binance Card started shipping to Europe this week.)

[Mr Anabolic]

Good mooooorning Mr Anabolic!!!

Have you watched this yet? Please do yourself a favor, and take the time (just an hour or so) to listen with an open mind. This will help you a lot.

If really needed, pop an MDMA tab, let your bitterness, stubbornness, and hostility go, and just open your mind to think logically about the big picture, this moment in time, and what is happening right before your eyes as we bear witness the birth of a new global currency...

xxx Gib $$$

Nanny-nanny-boo-boo!
 

[gib]

This part of the article really interests me. Earn Bitcoin rewards in place of airline miles or cash back.

The infrastructure is being built right before our very eyes. Very much different than 2017 when people were blindly throwing their money into some random alt-coin.

a bitcoin rewards app, will offer a Visa debit card that offers bitcoin rewards in place of airline miles or cash back; BlockFi, an exchange that offers interest on customers’ crypto holdings, will offer a Visa credit card that gives 1.5% cash back in bitcoin. And there are others coming. (Coinbase Card already launched in Europe and the U.K. last year; Binance Card started shipping to Europe this week.)

Yes, very cool. And yes all happening right before our eyes.

Some of my friends have visa BTC cards from crypto.com. Very cool sleek black look and metallic feel. A conversation starter if nothing else. They also earn money on their blips by secured lending. But yes the idea of BTC given as cashback points is awesome. We will see uber and others do this also.

[epic is back]

Oh wow.

Visa jumps on the Bitcoin train. Its becoming increasingly apparent now that at this point its a "if you can't beat em, join em" effect taking place. Anyone who secures some BTC now, will forever own a chunk of the future financial system upon which all global currencies will be based for all 6 billion people in the world. These things take time for banks, funds, governments etc to adapt and embrace, but its happening just as I predicted. Its a rare unique opportunity where we as individuals can get in ahead of the institutions.

https://finance.yahoo.com/news/visa-has-also-quietly-warmed-to-crypto-along-with-pay-pal-and-square-200953910.html

Yahoo confirmed

Woah !!!

Better jump on that train !!

Don’t forget your mask though

[gib]

Nanny-nanny-boo-boo!

Mr A, you have both humiliated and self-owned yourself. That is obvious to all. Not just that, but apart from losing out on one of the most important investment opportunities of a lifetime your incessant nonsense may have actually caused similar losses to others. Fair game of course, this is GetBig, but have some pride my friend. Man up, re-assess, admit your wrongdoing (an apology would be nice), and then come join the ride (as opposed to bringing people down with you). Its still very very early days for the emergence of BTC. You will be kicking yourself for you obstinance in the future (and probably cringing every time you are reminded of the fortune (and more importantly your status and freedom in society), that you forfeited due to your failure to act.

There is a very important reason I started this thread here of all places. And its not just as gift to getbiggers, but also because its the perfect place to capture the thought process a person of moderate to moderate-above intelligence has to undertake before accepting, and then adopting, bitcoin as the global digital store of wealth. (And I will give you credit - you performed your role perfectly in that regard).

[epic is back]

Mr A, you have both humiliated and self-owned yourself. That is obvious to all. Not just that, but apart from losing out on one of the most important investment opportunities of a lifetime your incessant nonsense may have actually caused similar losses to others. Fair game of course, this is GetBig, but have some pride my friend. Man up, re-assess, admit your wrongdoing (an apology would be nice), and then come join the ride (as opposed to bringing people down with you). Its still very very early days for the emergence of BTC. You will be kicking yourself for you obstinance in the future (and probably cringing every time you are reminded of the fortune (and more importantly your status and freedom in society), that you forfeited due to your failure to act.

There is a very important reason I started this thread here of all places. And its not just as gift to getbiggers, but also because its the perfect place to capture the mental acceptance a person of moderate to moderate-above intelligence has to undertake before accepting, and then adopting bitcoin as the global digital store of wealth. (And I will give you credit - you performed your role perfectly in that regard).

The fact you have the time to write these long diatribes

Reflects you are at home

Broke

and your time is not in demand

[gib]

The fact you have the time to write these long diatribes

Reflects you are at home

Broke

and your time is not in demand

Allow me to provide another interpretation. Perhaps its a reflection that due to my wealth and long record of investment success, I now have all the time in the world to engage in this fun. (I think even the great Mr A at one point begrudgingly admitted that my wealth might actually be legit...)

And that further, I might in fact be highly efficient at the many other things I do. (Another key to success by the way).

Not that my wealth, or lack of it, actually matters to the discussion itself. I answered truthfully what my level of wealth was many posts back because someone asked about it. But as I said at the time, its not really relevant. And in any case its all relative. There are many people far more wealthy than I am. Pretend I am poor if you like, but either way please focus on the academic discussion. My level of wealth is a distraction.

PS - my little holding of a mere 50 BTCs (a small portion of my total assets) now gets me over 1m. So in that sense, You could say that technically I am a "bitcoin millionaire).   

[gib]

Mr A, you have both humiliated and self-owned yourself. That is obvious to all. Not just that, but apart from losing out on one of the most important investment opportunities of a lifetime your incessant nonsense may have actually caused similar losses to others. Fair game of course, this is GetBig, but have some pride my friend. Man up, re-assess, admit your wrongdoing (an apology would be nice), and then come join the ride (as opposed to bringing people down with you). Its still very very early days for the emergence of BTC. You will be kicking yourself for you obstinance in the future (and probably cringing every time you are reminded of the fortune (and more importantly your status and freedom in society), that you forfeited due to your failure to act.

There is a very important reason I started this thread here of all places. And its not just as gift to getbiggers, but also because its the perfect place to capture the thought process a person of moderate to moderate-above intelligence has to undertake before accepting, and then adopting, bitcoin as the global digital store of wealth. (And I will give you credit - you performed your role perfectly in that regard).

Oh, and $22000.

[Humble Narcissist]

I would cash out a large portion of that bitcoin gib.  I couldn't sleep at night knowing that I could wake up in the morning and my million may have vanished into thin air.

[Mr Anabolic]

There is a very interesting lesson in psychology going on here.  Greed and fear.

Take notice at how giddy our resident blipcoin pumper/dumper has become.  Just like he's just had sex for the very first time.  He was acting the same way and saying the same things during the first run to $19k.  He said he was "hodling" his blips to $1 million, but he didn't... he saw the air coming out, got scared and sold at $16K.  Go back and read it all if you're bored, it's all there.

The main reason speculators are buying now because they all think the price is going much higher... that's it.  Can it go higher?... yes.  Why?... because as the OP has shown us, people become very irrational where money and greed is involved.  Right now greed is in play.  Euphoria is reached when people believe the price will NEVER come down ever again ("a new paradigm").  I don't think it's there yet.

One of the top rules of investing is anytime you become euphoric about an "investment" (I use that term loosely), it's time to sell it. 

When a few whales finally decide to sell, the cascade will be the same as someone yelling fire in a crowded movie theater, everyone will be looking for the exit door, just like they did on the drop from $19K to $3K. 

Let's see if our smug little friend can HODL to $1,000,000 this time.  I doubt it.

[Mr Anabolic]

Allow me to provide another interpretation. Perhaps its a reflection that due to my wealth and long record of investment success, I now have all the time in the world to engage in this fun. (I think even the great Mr A at one point begrudgingly admitted that my wealth might actually be legit...)

And that further, I might in fact be highly efficient at the many other things I do. (Another key to success by the way).

Not that my wealth, or lack of it, actually matters to the discussion itself. I answered truthfully what my level of wealth was many posts back because someone asked about it. But as I said at the time, its not really relevant. And in any case its all relative. There are many people far more wealthy than I am. Pretend I am poor if you like, but either way please focus on the academic discussion. My level of wealth is a distraction.

PS - my little holding of a mere 50 BTCs (a small portion of my total assets) now gets me over 1m. So in that sense, You could say that technically I am a "bitcoin millionaire). 

This guy....  LOL!

[Mr Anabolic]

Mr A, you have both humiliated and self-owned yourself. That is obvious to all. Not just that, but apart from losing out on one of the most important investment opportunities of a lifetime your incessant nonsense may have actually caused similar losses to others. Fair game of course, this is GetBig, but have some pride my friend. Man up, re-assess, admit your wrongdoing (an apology would be nice), and then come join the ride (as opposed to bringing people down with you). Its still very very early days for the emergence of BTC. You will be kicking yourself for you obstinance in the future (and probably cringing every time you are reminded of the fortune (and more importantly your status and freedom in society), that you forfeited due to your failure to act.

There is a very important reason I started this thread here of all places. And its not just as gift to getbiggers, but also because its the perfect place to capture the thought process a person of moderate to moderate-above intelligence has to undertake before accepting, and then adopting, bitcoin as the global digital store of wealth. (And I will give you credit - you performed your role perfectly in that regard).

Wow, I sure do take a LOT of parking space in your head.  I'm flattered that you spend so much time writing these denigrating missives about me.  Do you ever sleep?  you must spend all night and day thinking about me. 

For having as much wealth and smarts as you claim, you sure sound miserable, very insecure too. 

[FitnessFrenzy]

imagine panic selling a few years ago when bitcoin jumped from 20.000 to 5000 dollars. That must feel real bad now (I dont have bitcoin myself)

[Mr Anabolic]

imagine panic selling a few years ago when bitcoin jumped from 20.000 to 5000 dollars. That must feel real bad now (I dont have bitcoin myself)

It'll happen again.  This time you have even bigger players involved who will dump it.  The next crash will be epic.

[Mayday]

It'll happen again.  This time you have even bigger players involved who will dump it.  The next crash will be epic.

So you are claiming this next pullback will create a lower price than earlier this year.

Interesting.

[Mr Anabolic]

So you are claiming this next pullback will create a lower price than earlier this year.

Interesting.

The next crash/dump will be epic.  Where the price ends up, no one knows. 

[Mayday]

The next crash/dump will be epic.  Where the price ends up, no one knows.

Why the fence sitting?

Are you claiming this next dump is the end of BtC? you don’t like it and believe it will die. Your opportunity to be correct was during the 2018 dump when countries banned it and closed exchanges. BTC survived, became regulated (with more to follow) and set a new high.

Will you agree that this upcoming dump will be followed by a quick bounce back up to this 23k level?