Mt. Gox (Bitcoin) goes down

Discussion in 'BS Forum' started by soxxx, Feb 25, 2014.

  1. SOXXX2

    SOXXX2 Well-Known Member

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    Ive made more in crypto than ive made working my whole life (12 years of working). Ive also lost more in the last month than what most people have made in the last few years working. Its been a wild ride of highs and lows. Ive withstood a 90% dip on my holdings to which is worse than the great depression by percentage. Multiple 50%+ corrections. Crypto is binary to me, either its going to take over the entire world or it will go to zero. I can live with either result because at the end of the day if it wasn't for crypto, I likely would have never had this opportunity put in front of me. I don't have a financial background, I was planning on working my current job till I could retire with my pension. If everything fails, ill just continue with that plan, however if I am right about crypto then ill probably be free within a year or so.

    I have a very strong conviction in this whole space though, none of these moves mean anything to me. I don't think you are late to ETH by an means, I think ETH could be worth six figures one day. Its going to rebuild the entire internet if it succeeds.
     
    BacktoQueens likes this.
  2. Dierking

    Dierking Well-Known Member

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    No need to fret, soxxx. Elizabeth Warren is on the job.
     
  3. FJF

    FJF 2018 MVP Joe Namath Award Winner

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    One of Ronald Reagan’s greatest quotes ,
    The scariest words you can hear are I’m from the government and I’m here to help.
     
  4. Dierking

    Dierking Well-Known Member

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    FJF likes this.
  5. jetophile

    jetophile Bruce Coslet's Daughter

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    But it was a precursor to being spied up the ass. Who knew. Mark Zuckerberg should only die in prison. I mean it. I remember when that white hat broke into his own personal account and didn't even get his $500. He's a monster with zero conscience.
     
  6. SOXXX2

    SOXXX2 Well-Known Member

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    Bitcoin has broken all time highs today and is now targeting six figures.



     
  7. SOXXX2

    SOXXX2 Well-Known Member

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    Aaron Rodgers following Tom Brady
     
  8. bicketybam

    bicketybam Well-Known Member

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  9. The Waterboy

    The Waterboy Well-Known Member

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  10. JackBower

    JackBower Well-Known Member

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    330 trillion coins in circulation, down 95 percent since creation.

    You have more of a chance making money off Trump Steaks
     
  11. SOXXX2

    SOXXX2 Well-Known Member

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    Bitcoin, thats all you need.

    Only will ever be 21 million of them.
     
  12. Dierking

    Dierking Well-Known Member

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    No need to fret, soxxx. Elizabeth Warren is on the job again.
     
  13. jetophile

    jetophile Bruce Coslet's Daughter

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    I read recently that there was another big hack. Wait, maybe it was a scam. $615 million. Go to be honest here, I don't get the NFT thing at all, btw.
     
  14. SOXXX2

    SOXXX2 Well-Known Member

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    It's usually in the smart contract.

    I own NFTs but I don't truly get them either. It's more community based stuff and lots of pumps and exit scams.
     
  15. mute

    mute Well-Known Member

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    #755 mute, Jul 15, 2022
    Last edited: Jul 15, 2022
  16. The Waterboy

    The Waterboy Well-Known Member

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    I like his shirt, apparently Celsius is not your friend either
     
  17. Ralebird

    Ralebird Well-Known Member

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    Yeah, and there's no FDIC coverage in the ether.
     
  18. The Waterboy

    The Waterboy Well-Known Member

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    So much for Bitcoin being a hedge against inflation
     
  19. REVISion

    REVISion Well-Known Member

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    Was always a bit of a ridiculous narrative imo. When people get scared they sell the riskiest stuff first. To expect the markets to treat a nascent and novel digital currency as a safe haven was unrealistic.

    Bitcoin might eventually mature into such a thing, a truly digital version of gold, but it's not there yet.
     
  20. The Waterboy

    The Waterboy Well-Known Member

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    [​IMG]
    Bitcoin
    BTC


    $16,745.47
     

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