Discussion in 'Digital Currencies' started by Bullion Baron, Dec 12, 2017.
I agree with you there.
Wow even though when I wrote the above on the 22nd of May 2022 it was as a silly joke, it is about to happen.
Anyone wondering about the $21,000 margin call and how I know... well it is well known and and it was Microstrategy CEO who said. So I am not making it up. Plus he repeated this in many different interviews (many are on YT) not just once.
Also if you have wallets or coin in Binance, actually in ANY EXCHANGE take it back now, this is not the time to be keeping it anywhere but in your possession.
This, just let gravity do its thing haha.
buy right, sit tight
Sit tight, be patient, and let the demolition come to an end, wait for the dust to settle, and for the interest rates to peak and start coming down,
and then if you have learned nothing start buying again.
There fixed it for you
why tf do you continue to peddle metals in a crypto thread? we are talking about liquidations, who lends against gold?
looks like celcius survived their liquidation for now, once their solvency is public will be the time to decide.
it's like inception, a crypto thread in a metals forum. Seems to me that the metals discussion takes precedent on a metals forum. Just like crypto would in a metals thread in a crypto forum
yeh, I think they have topped up few times, liq. price moved to $16,852 v25977, fascinating watching this play out
The owner of this forum was the one who decided to include a crypto sub-forum.
Following your argument that metals discussion takes precedence then there is little place for JOTD, discussion on RE/shares or the Covid discussion that has taken place over the last two years.
so you not allowed to like both cryptos and metals now? or make comments on relevant threads? we have to put up with metal maxi no coiners posting their dribble in crypto threads?
Actually you said that not me. I'm saying that someone posting comparison to precious metals in a crypto thread on a metals forum is fine imho. Especially in a thread dedicated to discussing the bubble like Nature of cryptos. Now if you had a thread discussing the technical of a new crypto dedicated to this or that then it would be troll like to discuss metals in it but in this thread no, your both wrong
You ok mate? That comes off a bit confrontational and is the very definition of a strawman argument.
In a thread about the fragility and ultimate failure of cryptos the comparison to other assets that are more stable such as metals is entirely appropriate
Should I request a copywrite strike
Reproduction of my material without commentary or additional information is kinda superfluous
Curious as to the point your driving however
I thought this was a useful description of Celcius situation https://bmpro.substack.com/p/celsius-exchange-halts-withdrawals
Isn't Celcius still in "lockdown" mode and are they not using customer funds for topping up the liquidity?
FOMC tomorrow and any surprise there could pull the plug on all assets.
It's so endearing with the talk of crypto "network" and "community" imo, no different to the oft ridiculed WSS/Apes - I suppose it appeals to the basic human need to 'belong' with a tribe (no matter how dysfunctional).
At the end of the day everyone endures their own gains/losses though.
@serial, I'm not interested in pursuing some argument with you so I'll edit my original post and delete the rest. This point I will take up though:
There is more to cryptocurrencies than price, the asset class is not fragile nor is it failing.
I am either recklessly stupid, or recklessly brave.
Not sure which one.
I have been buying more BTC overnight and this morning.
One of the Quotes that Ben Cowen often mentions on his channel:
Bull markets to make you money.
Bear markets to make you rich.
I thought for a long time about this quote and finally the Penny dropped.
This Bear market is very different to previous cycles.
However, it still contains the same ingredients.
Fear and Greed.
What makes this Bear Market very different.
There is a potential of a major shift within the Global pecking order.
The Empires are taking sides.
Economies around the World face Inflation, Food starvation in some countries, Wars in others and
to cap it off is a lack of leadership by Western Nations.
That includes the EU.
We appear to be entering into a deliberate dystopian future.
I don't like what I see.
For the moment, Cash is King.
I'm usually recklessly stupid which probably explains why I topped up on some Fantom today.
Time will tell if I'm either or both.
LOL, well I sold and bought all my BTC and will buy some more at 30k ish.
I feel like bearer assets are king here. Unless you live on a farm and grow your own food
Well using the typical measure of its monetary value I disagree, it is looking incredibly fragile and is a quarter of its high value. That says to me that it's failing. Is this the bubble finally bursting? We will see in next few weeks
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