Are we excited yet?

cnocbui

cnocbui wrote: »

This help?

https://observer.com/2021/06/bezos-musk-billionaire-tax-evasion-irs-data/

This is pure whataboutery. Not really relevant to El Salvador news.

People will move to El Salvador to avoid CGT. That's all I'm saying. Overall it's a step in the right direction but currently it's still tied to money laundering which is a stick that crypto is constantly getting beaten with.

https://m.slashdot.org/story/386464

https://twitter.com/nayibbukele/status/1402680890057166858

Bob24

Deleted User wrote: »

People will move to El Salvador to avoid CGT.

Maybe some will, but I doubt it will be that popular.

There are already many places to move to in the world if you want to avoid CGT (and not just on Bitcoin - on all assets).

I don't see El Salvador as being particularly attractive compared to already existing options.

justtrying312

excited as hell next few weeks will be bullish.

anyone getting them 100x's on bsc? lol, hairy nipples someone called in our tg at 10 cent went to 2,40 and if u got in earlier u would of done much better, I seen another one with the same style called BellyFluffBSC 100k max supply at around 10k m cap. any good u reckon?

Chris_5339762

I'm only new to this, but I wouldn't entirely trust a digital currency called "BellyFluff".

GooglePlus

Chris_5339762 wrote: »

I'm only new to this, but I wouldn't entirely trust a digital currency called "BellyFluff".

Good for telegram pump and dumps though.

cnocbui

Badly fukt wrote: »

https://m.slashdot.org/story/386464

https://twitter.com/nayibbukele/status/1402680890057166858

Nayib Bukele 🇸🇻
@nayibbukele
...
What you see coming out of the well is pure water vapor

It's a good thing water vapour isn't a far more potent greenhous gas than CO2.

Unearthly

There is a huge spike of shorts opened. Most since the 2020 covid crash. Bit ominous.

fritzelly

Unearthly wrote: »

There is a huge spike of shorts opened. Most since the 2020 covid crash. Bit ominous.

Taking a punt - probably be expensive for them

quinneerr

BrandonBay86 wrote: »

Another 1,000,000 moved to cold storage. No choice.

Boards very own Michael Saylor, you deserve a Blue Peter badge for your heroic efforts, you keep at it and hope BTC crabs sideways or even better dumps and you will be the proud owner of one whole Bitcoin in a few years.
Imagine that one of us here a owner of a whole Bitcoin, hard to believe, WOW! We are rolling with big players in the crypto scene, no doubt about it now.

quinneerr

Good news for crypto .



Bad news
Now that El Salvador has made BTC legal tender, i expect the USA to bring them some freedom soon, remember Gaddafi and his African bank idea? Dead soon after.
https://www.washingtonpost.com/opinions/2021/05/18/bukele-el-salvador-biden-human-rights-watch-authoritarianism/
https://www.washingtonpost.com/politics/2021/05/20/el-salvadors-president-launched-self-coup-watch-creeping-corruption-authoritarianism/

The only hope now is several countries follow El Salvador and do it quickly, i would expect the USA to make a example of El Salvador, Fcuk around with the Dollar and find out.

BrandonBay86

quinneerr wrote: »

Boards very own Michael Saylor, you deserve a Blue Peter badge for your heroic efforts, you keep at it and hope BTC crabs sideways or even better dumps and you will be the proud owner of one whole Bitcoin in a few years.
Imagine that one of us here a owner of a whole Bitcoin, hard to believe, WOW! We are rolling with big players in the crypto scene, no doubt about it now.

You must be new here.

Whelo79

quinneerr wrote: »

Boards very own Michael Saylor, you deserve a Blue Peter badge for your heroic efforts, you keep at it and hope BTC crabs sideways or even better dumps and you will be the proud owner of one whole Bitcoin in a few years.
Imagine that one of us here a owner of a whole Bitcoin, hard to believe, WOW! We are rolling with big players in the crypto scene, no doubt about it now.

The poster you are quoting and attempting to embarrass (poorly) is a long time poster here and is actually retired due to their BTC investments.

No need for the condescending attitude.

quinneerr

Whelo79 wrote: »

The poster you are quoting and attempting to embarrass (poorly) is a long time poster here and is actually retired due to their BTC investments.

No need for the condescending attitude.

Your correct, i was just told to play nice with others on line by Scarlett Johansson as she cuddles up beside me in bed.
Anyone can make any statement online, someone bragging about a few hundred euro BTC purchase is pathetic, people here spending that on Uniswap fees, you don't see them bragging about it, if he is such a player post a screen shot of his buy orders on the exchange, it wont reveal who they are, I wont be holding my breath waiting

NomadicGray

Honestly if you're a bit butthurt over being wrong its probably best to skulk off and be forgotten

Whelo79

quinneerr wrote: »

Your correct, i was just told to play nice with others on line by Scarlett Johansson as she cuddles up beside me in bed.
Anyone can make any statement online, someone bragging about a few hundred euro BTC purchase is pathetic, people here spending that on Uniswap fees, you don't see them bragging about it, if he is such a player post a screen shot of his buy orders on the exchange, it wont reveal who they are, I wont be holding my breath waiting

Like he said, you must be new here.

Unearthly

Volumes picking up and millions of shorts liquidated

Not much has made me smile in crypto for a month but I can raise a glass with those liquidations

GooglePlus

Unearthly wrote: »

Volumes picking up and millions of shorts liquidated

Not much has made me smile in crypto for a month but I can raise a glass with those liquidations

Where do I see short data and the likes?

grindle

GooglePlus wrote: »

Where do I see short data and the likes?

https://www.bybt.com/LongShortRatio

https://twitter.com/BXRekt for live examples from Bitmex

quinneerr

BrandonBay86 wrote: »

You must be new here.

Whelo79 wrote: »

Like he said, you must be new here.

I see nothing gets past you two, very observant, aware of everything

Me being new doesn't change the fact that him boasting about acquiring a miserable amount of sats like its a baller move screams Little Dick Energy.

SortingYouOut

quinneerr wrote: »

I see nothing gets past you two, very observant, aware of everything

Me being new doesn't change the fact that him boasting about acquiring a miserable amount of sats like its a baller move screams Little Dick Energy.

I'm pretty sure it's done tongue in cheek and as a mention of buying small amounts during dips, which will someday accumulate to something more substantial.

There's nothing that screams "Little Dick Energy" half as much as what you're doing right now, it seems like you're just angry at the world.

BrandonBay86

Another 100,000 sats acquired and put into cold storage.

Cost me just over €30.

I remember not so long ago it would have cost me €5 for the same amount.

Wonder how much € I’ll be paying to acquire 100,000 sats in another 3/4 years.

I guess I’ll let you know.

pioneerpro

quinneerr wrote: »

Me being new doesn't change the fact that him boasting about acquiring a miserable amount of sats like its a baller move screams Little Dick Energy.

Literally the only person who cares is you. Oh, and DirkDangler of the convenient sabbatical

Maybe the pair of you could find a Baller VIP Cigar Lounge elsewhere that better suits your needs. A magic land where the bitter lemon flows freely, the decimal places on your bitcoins are few, and people respect and admire your insights.

Because it sure ain't going to happen here.

BrandonBay86

BrandonBay86 wrote: »

Another 100,000 sats acquired and put into cold storage.

Cost me just over €30.

I remember not so long ago it would have cost me €5 for the same amount.

Wonder how much € I’ll be paying to acquire 100,000 sats in another 3/4 years.

I guess I’ll let you know.

I really appreciate the conversion to euro

cnocbui

quinneerr wrote: »

I see nothing gets past you two, very observant, aware of everything

Me being new doesn't change the fact that him boasting about acquiring a miserable amount of sats like its a baller move screams Little Dick Energy.

He's not boasting, he's giving a running demonstration, and a good one at that, of how DCAing works and why it's a very sound strategem.

The size is irrelevant - the longest journey begins with but a single step - he's been on the road a good while now, so the pot is probably anything but miserable.

SummerK

BrandonBay86 wrote: »

Another 100,000 sats acquired and put into cold storage.

Cost me just over €30.

I remember not so long ago it would have cost me €5 for the same amount.

When you say put in to cold storage does that mean moved to a wallet like exodus or ledger?

I have roughly 10,000,000 SATS bough in the last couple of months on Binance & Bitstamp a/c together and both are charging me money to move my coins to a wallet. I thought of selling bit stamp one's and move money to binance and buy again but volatility in price is telling me not to do :P

HGVRHKYY

quinneerr wrote: »

I see nothing gets past you two, very observant, aware of everything

Me being new doesn't change the fact that him boasting about acquiring a miserable amount of sats like its a baller move screams Little Dick Energy.

Dollar cost averaging is a great way to accumulate bit by bit, if someone's consistently buying €100-200 per week that adds up fairly well over the space of a year, and if done during bear markets results in a substantial accumulation of crypto. I personally prefer to stop buying when we're well into a bull run and save that money I'd otherwise DCA so I can make larger buys during bear markets when the price is crashed low

Dohnjoe

cnocbui wrote: »

He's not boasting, he's giving a running demonstration, and a good one at that, of how DCAing works and why it's a very sound strategem.

Or sunken cost fallacy.

Someone endlessly bleating about buying during a bull run when stuff was 20x or 30x cheaper last year doesn't strike me as a "sound strategem".

These types were banging on and on all the way down in 2018 ("BuY tHe DiP"), when they were finally silent, that was, of course, the best time to buy. DCA or not.

cnocbui

Dohnjoe wrote: »

Or sunken cost fallacy.

Someone endlessly bleating about buying during a bull run when stuff was 20x or 30x cheaper last year doesn't strike me as a "sound strategem".

These types were banging on and on all the way down in 2018 ("BuY tHe DiP"), when they were finally silent, that was, of course, the best time to buy. DCA or not.

Sunken cost fallacy means you believe Bitcoin will never have another bull run; or two or three.

Personally I think it will. Bitcoin is prone to the dramatic and volatile swings.

Thargor

Dohnjoe wrote: »

Or sunken cost fallacy.

Someone endlessly bleating about buying during a bull run when stuff was 20x or 30x cheaper last year doesn't strike me as a "sound strategem".

These types were banging on and on all the way down in 2018 ("BuY tHe DiP"), when they were finally silent, that was, of course, the best time to buy. DCA or not.

The user you're posting about was making these posts at levels a lot lower than this going back years, before this forum existed in fact, he was also talking having to move to Portugal back when BTC broke 20k iirc so I doubt he's crying himself to sleep at night, why get so worked up about someone announcing their trades beforehand? Id rather see that than the ridiculous amounts of amazing hindsight trading that goes on in here by certain people after every big move.