Author Topic: Bitcoins - about to hit $5,000 per coin today! (Read 1133545 times)

gib · « **Reply #5750 on:** April 15, 2021, 07:08:53 PM »

Quote from: Humble Narcissist on April 15, 2021, 12:18:46 PM

I have been on Getbig for years under one identity. No gimmicks.

Hmm - well maybe it s generational thing then. Your views on Bitcoin are remarkably similar to Mr Anabolic (who as you know was widely debunked here many pages back in the thread).

You guys would probably get on well though.

El Diablo Blanco · « **Reply #5751 on:** April 15, 2021, 08:24:02 PM »

Quote from: Bevo on April 15, 2021, 06:54:19 PM

I haven’t sold any yet, just hit 27 cents

Damn. Did you break the $1M mark?

Bevo · « **Reply #5752 on:** April 15, 2021, 09:24:39 PM »

Quote from: El Diablo Blanco on April 15, 2021, 08:24:02 PM

Damn. Did you break the $1M mark?

Yes, it hit as high as 1.4 and now settling around 1.1/1.2

Very tempting but I’ll wait

El Diablo Blanco · « **Reply #5753 on:** April 16, 2021, 02:59:55 AM »

Quote from: Bevo on April 15, 2021, 09:24:39 PM

Yes, it hit as high as 1.4 and now settling around 1.1/1.2

Very tempting but I’ll wait

Sweet deal. It’s a tough situation. Do you take a buy of profit or just let it run. Once upon a time I had a portfolio of stock at $8M. Held on too long and ended up with zilch.

gib · « **Reply #5754 on:** April 16, 2021, 05:54:55 AM »

Zilch? What stocks were you holding?

FitnessFrenzy · « **Reply #5755 on:** April 16, 2021, 05:57:30 AM »

bevo, what are your returns on doge?

polychronopolous · « **Reply #5756 on:** April 16, 2021, 07:19:45 AM »

Billionaire Puts £175mn London Apartment up For Sale, Will Accept Bitcoin

Billionaire property tycoon Nick Candy is selling his two-story penthouse overlooking Hyde Park for a cool £175mn (US$240mn). The kicker is, he’s open to accepting Bitcoin.

Despite BTC cracking $64k this week to post a new all-time high, debate on cryptocurrencies’ legitimacy continues to rage. However, Candy’s willingness to take Bitcoin is evidence that opinion is changing, even if it’s at a snail’s pace.

Candy is a former advertising executive who, in the mid-90s, decided to renovated flats in his spare time. By 1999, business was booming, so he decided to quit his day job and go into property full time.

A partnership, under the name Candy and Candy, was formed with his brother, Christian. From there, the pair changed their focus to buying up buildings and carrying out high-end renovations.

Nick took sole ownership of the company in 2018. It was about this time that he began diversifying his interests outside of property. His private investment fund, Candy Ventures, has funded a wide range of startups, including a metal exploration company and a biotech health firm. But a consistent theme throughout the portfolio of companies is technology.

Candy did not go into detail on accepting Bitcoin and Ethereum for his swanky Hyde Park penthouse, only that cryptocurrencies present a “big opportunity.”

But Candy’s nod of approval echoes a wider concern, particularly as the panic situation has emphasized the importance of hedge assets.

https://www.newsbtc.com/news/bitcoin/billionaire-puts-175mn-london-apartment-up-for-sale-will-accept-bitcoin/amp/?__twitter_impression=true

El Diablo Blanco · « **Reply #5757 on:** April 16, 2021, 07:39:53 AM »

Quote from: FitnessFrenzy on April 16, 2021, 05:57:30 AM

bevo, what are your returns on doge?

He’s got to be at like $4-5M now. Crazy shit.

Theoak* · « **Reply #5758 on:** April 16, 2021, 09:20:08 AM »

Quote from: El Diablo Blanco on April 16, 2021, 07:39:53 AM

He’s got to be at like $4-5M now. Crazy shit.

He is hovering around 1.6m

FitnessFrenzy · « **Reply #5759 on:** April 16, 2021, 10:09:08 AM »

Congrats, Bevo, on being a Getbig millionaire

Humble Narcissist · « **Reply #5760 on:** April 16, 2021, 12:33:23 PM »

Quote from: gib on April 15, 2021, 07:08:53 PM

Hmm - well maybe it s generational thing then. Your views on Bitcoin are remarkably similar to Mr Anabolic (who as you know was widely debunked here many pages back in the thread).

You guys would probably get on well though.

It probably is a generational thing. We Gen X'ers know a Ponzi Scheme when we see one.

Market Cap is a Trillion now. If there is 10 billion worth of real, commercial trade in BTC, it'll be a lot. This means that 1 BTC circulates..........ever y hundred years. That's insane, that has nothing to do with 'money'.
Anthony Migchels

FitnessFrenzy · « **Reply #5761 on:** April 16, 2021, 01:34:35 PM »

Bevo · « **Reply #5762 on:** April 16, 2021, 01:49:46 PM »

Quote from: FitnessFrenzy on April 16, 2021, 10:09:08 AM

Congrats, Bevo, on being a Getbig millionaire

Average getbiggers make millions in a day

At its peak around 2 mil

As of now around 1.5/1.6

Flexacon · « **Reply #5763 on:** April 16, 2021, 01:52:30 PM »

Quote from: Humble Narcissist on April 16, 2021, 12:33:23 PM

It probably is a generational thing. We Gen X'ers know a Ponzi Scheme when we see one.

Market Cap is a Trillion now. If there is 10 billion worth of real, commercial trade in BTC, it'll be a lot. This means that 1 BTC circulates..........ever y hundred years. That's insane, that has nothing to do with 'money'.
Anthony Migchels

It's clearly a Ponzi scheme, but what's "real" these days. Stock markets? House prices? Currency valuations? Everything is propped up one way or another and right now bitcoin isn't that different.

It's just another card in the house of cards.

Humble Narcissist · « **Reply #5764 on:** April 16, 2021, 01:59:10 PM »

Quote from: Flexacon on April 16, 2021, 01:52:30 PM

It's clearly a Ponzi scheme, but what's "real" these days. Stock markets? House prices? Currency valuations? Everything is propped up one way or another and right now bitcoin isn't that different.

It's just another card in the house of cards.

True, that's why I said to get out now or at least sell most of it to make money while you can.

loco · « **Reply #5765 on:** April 16, 2021, 02:46:45 PM »

Quote from: Humble Narcissist on April 16, 2021, 01:59:10 PM

True, that's why I said to get out now or at least sell most of it to make money while you can.

Get out of which investments, and get into which investment?

Stay in cash? You risk getting slaughtered by inflation.

Humble Narcissist · « **Reply #5766 on:** April 16, 2021, 02:48:42 PM »

Quote from: loco on April 16, 2021, 02:46:45 PM

Get out of which investments, and get into which investment?

Stay in cash? You risk getting slaughtered by inflation.

Inflation of 3%, 5%, or even 10% is better than 100%.

loco · « **Reply #5767 on:** April 16, 2021, 03:23:47 PM »

Quote from: Humble Narcissist on April 16, 2021, 02:48:42 PM

Inflation of 3%, 5%, or even 10% is better than 100%.

Agreed. How does that answer my question?

Bindare_Dundat · « **Reply #5768 on:** April 16, 2021, 03:36:11 PM »

Vechain just blew its load. Will head higher. Easy money

obsidian · « **Reply #5769 on:** April 16, 2021, 04:49:55 PM »

Bindare_Dundat · « **Reply #5770 on:** April 16, 2021, 04:59:54 PM »

Quote from: obsidian on April 16, 2021, 04:49:55 PM

This will end just like gamestop. Will short this into the ground one of these days

FitnessFrenzy · « **Reply #5771 on:** April 16, 2021, 05:10:15 PM »

Quote from: loco on April 16, 2021, 02:46:45 PM

Stay in cash? You risk getting slaughtered by inflation.

that is not only a risk, it is guaranteed.

gib · « **Reply #5772 on:** April 16, 2021, 05:50:57 PM »

Quote from: Humble Narcissist on April 16, 2021, 12:33:23 PM

It probably is a generational thing. We Gen X'ers know a Ponzi Scheme when we see one.

Market Cap is a Trillion now. If there is 10 billion worth of real, commercial trade in BTC, it'll be a lot. This means that 1 BTC circulates..........ever y hundred years. That's insane, that has nothing to do with 'money'.
Anthony Migchels

Dude you clearly don't even know the definition of a Ponzi scheme.

Bitcoin has had an entirely public and decentralized ledger since is inception. You can view the entire ledger any time!

Every single coin had to be mined, from the genesis block onwards (and that includes for Satoshi himself).

The amount that can be printed and the algorithm governing this, is public and open source.

So, its absolutely IDIOTIC to call Bitcoin a Ponzi scheme.

Now, compare to the above criteria to the USD... Centralized, no public ledger (in fact no-one knows for sure how much USD haS been created), dollars can be created ("printed") at will, and of course those who run the system and are closest to the top keep huge amounts of created money for themselves and their friends. (In effect stealing from a sucker like you by stealth).

BITCOIN IS OUR DEFENSE AGAINST THE PONZI SCHEME WHICH IS WHY KEEPS GOING UP WHEN MEASURES IN PONZI USD FIAT CURRENCY.

obsidian · « **Reply #5773 on:** April 16, 2021, 07:02:01 PM »

This is bullish for ETH!

https://www.investing.com/news/cryptocurrency-news/eth-bonanza-as-three-north-american-ethereum-etfs-approved-in-one-day-2477172

While gaining exposure might still be difficult south of the US-Canada border, Canadian investors will shortly have a host of options to choose from to gain exposure to Ethereum (ETH) via an ETF as regulators have approved three different Ethereum ETFs in a single day.

Purpose Investments, Evolve ETFs, and CI Global Asset Management were all approved by Canadian regulators to launch Ethereum-backed ETFs today. The ETFs will be the first ETH ETFs in North America, and among the first in the world.

Some observers noted that all three being approved at once may have been part an effort not to give Purpose an “unfair advantage”. Purpose appeared to gain an edge after the launch of the wildly popular Purpose Investments ETF, the first North American Bitcoin ETF which quickly swelled to $1.3 billion in AUM while competitors waited for approval. Rival Evolve Fund Group’s Bitcoin ETF only managed to attract $100 million in AUM, despite launching only two days later than Purpose and offering 25% less management fees.

In a Tweet, a reporter for Bloomberg said that the CL Galaxy and the Purpose ETF funds will begin trading on 4/20 — a date he thought would please Elon Musk, given it’s marajuana culture connection. Likewise, Evolve’s ETH ETF — which they first filed for in March — will begin trading on the same day.

The Canadian stock market has already demonstrated a significant appetite for exposure to crypto assets. Previous exchange-traded Ethereum products led to market halts on the first day of listing, and Purpose’s Bitcoin ETF cracked $100 million in its first day of trading.

obsidian · « **Reply #5774 on:** April 16, 2021, 07:06:40 PM »

Quote from: Bindare_Dundat on April 16, 2021, 04:59:54 PM

This will end just like gamestop. Will short this into the ground one of these days

Gamestop started the year below $20 and is currently $154.69. Not doing so bad in the grand scheme of things.

i don't think Doge will burn completely like the US dollar - there are too many celebrities backing it and it has many people that believe in it. It could potentially hit $1 this year. It was 44 cents earlier today. It will go down again sure but overall I think the movement will be up.