Barry McCockinner Posted November 18, 2022 Share Posted November 18, 2022 One positive to come from this mess is that the on chain metrics are showing a drastic shift in bitcoin moving off of exchanges. People are finally waking up to not your keys not your coins. I wonder how many exchanges sold coins they didn't own to people who just left them there and had nothing but an IOU. Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 18, 2022 Share Posted November 18, 2022 1 minute ago, Barry McCockinner said: One positive to come from this mess is that the on chain metrics are showing a drastic shift in bitcoin moving off of exchanges. People are finally waking up to not your keys not your coins. I wonder how many exchanges sold coins they didn't own to people who just left them there and had nothing but an IOU. Yes, they're moving their nothings off-line. What a "positive"! Quote Link to comment Share on other sites More sharing options...
batman10023 Posted November 18, 2022 Share Posted November 18, 2022 10 minutes ago, Barry McCockinner said: If you look at the historical chart of money supply you will not find anywhere that there is a steady downtrend unless you zoom in. They have consistently increased the supply over time. That's how they keep everything going. That's why prices always consistently increase over time. That's why we cannot store our wealth in the money and it is broken. It's not a store of value. Thankfully we now have perfect money with a max supply of 21 million and the option to opt out of the fiat scam. Did the price of gold go up 100x in the first decade of existence? Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 18, 2022 Share Posted November 18, 2022 2 minutes ago, TuscanyTile2 said: Yes, they're moving their nothings off-line. What a "positive"! How much gold do you self custody? Or do you just have IOUs? Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 18, 2022 Share Posted November 18, 2022 2 minutes ago, batman10023 said: Did the price of gold go up 100x in the first decade of existence? I mean, gold has always existed but to your point, I don't know where you find the gold price charts from 600 bc. Please let me know if you find it 1 Quote Link to comment Share on other sites More sharing options...
batman10023 Posted November 18, 2022 Share Posted November 18, 2022 28 minutes ago, TuscanyTile2 said: ^^ Will believe anything and everything he's told. I am very skeptical. Just not a conspiracy theorist Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 18, 2022 Share Posted November 18, 2022 14 minutes ago, Barry McCockinner said: If you look at the historical chart of money supply you will not find anywhere that there is a steady downtrend unless you zoom in. They have consistently increased the supply over time. That's how they keep everything going. That's why prices always consistently increase over time. That's why we cannot store our wealth in the money and it is broken. It's not a store of value. Thankfully we now have perfect money with a max supply of 21 million and the option to opt out of the fiat scam. It's so reassuring to know that we have a limited supply of these completely worthless digital tokens. This solves everything! Quote Link to comment Share on other sites More sharing options...
batman10023 Posted November 18, 2022 Share Posted November 18, 2022 15 minutes ago, Barry McCockinner said: If you look at the historical chart of money supply you will not find anywhere that there is a steady downtrend unless you zoom in. They have consistently increased the supply over time. That's how they keep everything going. That's why prices always consistently increase over time. That's why we cannot store our wealth in the money and it is broken. It's not a store of value. Thankfully we now have perfect money with a max supply of 21 million and the option to opt out of the fiat scam. Imagine if you were an owner of bitcoin in 2012 a decade ago. 10mm were mined by then. I would spend as much money as I could to convince people that this was a store of value. the top few holders could spend a billion dollars with the right pr and celebrities to get people to buy the hype. those owners are slowly liquidating their holdings Quote Link to comment Share on other sites More sharing options...
batman10023 Posted November 18, 2022 Share Posted November 18, 2022 6 minutes ago, Barry McCockinner said: I mean, gold has always existed but to your point, I don't know where you find the gold price charts from 600 bc. Please let me know if you find it Are you not afraid that the big original holders of bitcoin aren’t liquidating ? Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 18, 2022 Share Posted November 18, 2022 58 minutes ago, batman10023 said: Are you not afraid that the big original holders of bitcoin aren’t liquidating ? Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 18, 2022 Share Posted November 18, 2022 1 hour ago, batman10023 said: Imagine if you were an owner of bitcoin in 2012 a decade ago. 10mm were mined by then. I would spend as much money as I could to convince people that this was a store of value. the top few holders could spend a billion dollars with the right pr and celebrities to get people to buy the hype. those owners are slowly liquidating their holdings "Pump and dump" Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 18, 2022 Share Posted November 18, 2022 1 hour ago, batman10023 said: Are you not afraid that the big original holders of bitcoin aren’t liquidating ? 9 minutes ago, Barry McCockinner said: Every scheme need svckers. Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 18, 2022 Share Posted November 18, 2022 3 minutes ago, TuscanyTile2 said: "Pump and dump" same story, different cycle. been there done that. Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 18, 2022 Share Posted November 18, 2022 6 minutes ago, Barry McCockinner said: same story, different cycle. been there done that. A chart showing a gigantic bubble talking about how it's not a bubble! "This time is different" Btw, where is "Bitcoin at 69K" on that chart? Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 18, 2022 Share Posted November 18, 2022 3 minutes ago, TuscanyTile2 said: A chart showing a gigantic bubble talking about how it's not a bubble! "This time is different" Btw, where is "Bitcoin at 69K" on that chart? What would be different is if it wasn't just another 4 year bull/bear cycle. What's the same is the haters yelling bubble/dead the entire time. You've been wrong for over a decade. I'll bet you're right this time though. 69k is the highest point in the top right of the chart. Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 18, 2022 Share Posted November 18, 2022 1 minute ago, Barry McCockinner said: What would be different is if it wasn't just another 4 year bull/bear cycle. What's the same is the haters yelling bubble/dead the entire time. You've been wrong for over a decade. I'll bet you're right this time though. 69k is the highest point in the top right of the chart. Is that right? Interesting how the chart isn't to scale. And the housing bubble lasted for more than a decade. And they managed to reinflate it after the 2008 crash. It's going to be even worse next time. Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 18, 2022 Share Posted November 18, 2022 Barry McC, no offense intended btw. I just don't want more people to fall for what I see as a scam. I don't want you to lose money either. I hope you can afford to lose the money you have invested in this. Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 18, 2022 Share Posted November 18, 2022 9 minutes ago, TuscanyTile2 said: Is that right? Interesting how the chart isn't to scale. And the housing bubble lasted for more than a decade. And they managed to reinflate it after the 2008 crash. It's going to be even worse next time. not much of a chart guy but I think that's the log chart Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 18, 2022 Share Posted November 18, 2022 5 minutes ago, TuscanyTile2 said: Barry McC, no offense intended btw. I just don't want more people to fall for what I see as a scam. I don't want you to lose money either. I hope you can afford to lose the money you have invested in this. I got into bitcoin in 2014. Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 18, 2022 Share Posted November 18, 2022 4 minutes ago, Barry McCockinner said: I got into bitcoin in 2014. I hope you made a fortune. And I hope you don't lose it. Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 18, 2022 Share Posted November 18, 2022 2 minutes ago, TuscanyTile2 said: I hope you made a fortune. And I hope you don't lose it. I look forward to you telling me a scam when it crashes from 300k to 90k Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 18, 2022 Share Posted November 18, 2022 4 minutes ago, Barry McCockinner said: I look forward to you telling me a scam when it crashes from 300k to 90k It'll still be a bubble. How rich was SBF a week ago? Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 18, 2022 Share Posted November 18, 2022 2 minutes ago, TuscanyTile2 said: It'll still be a bubble. How rich was SBF a week ago? what does SBF has to do with bitcoin? He was outspoken against it. Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 18, 2022 Share Posted November 18, 2022 24 minutes ago, Barry McCockinner said: what does SBF has to do with bitcoin? He was outspoken against it. When these scams fall apart, they can go very quickly. Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 18, 2022 Share Posted November 18, 2022 32 minutes ago, TuscanyTile2 said: When these scams fall apart, they can go very quickly. I appreciate a healthy amount of skepticism Quote Link to comment Share on other sites More sharing options...
Matt39 Posted November 18, 2022 Share Posted November 18, 2022 5 hours ago, batman10023 said: His fraud was the original issue. He then spent money to buy influence. I think it’s fair to speculate. FTX being the Trojan horse to usher in heavy regulation into crypto wouldn’t be too far fetched considering what has happened. And coming from someone who has no skin in the game here. Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 18, 2022 Share Posted November 18, 2022 sh*tcoiners gonna sh*tcoin 1 Quote Link to comment Share on other sites More sharing options...
Matt39 Posted November 19, 2022 Share Posted November 19, 2022 Lol Quote Link to comment Share on other sites More sharing options...
Larz Posted November 19, 2022 Share Posted November 19, 2022 The new CEO raked them. Lots of missing money and an auditor nobody has heard of that operated exclusively in the meta versa lol. Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 19, 2022 Share Posted November 19, 2022 Just now, Larz said: The new CEO raked them. Lots of missing money and an auditor nobody has heard of that operated exclusively in the meta versa lol. weirdos Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 21, 2022 Share Posted November 21, 2022 https://www.vox.com/future-perfect/23462333/sam-bankman-fried-ftx-cryptocurrency-effective-altruism-crypto-bahamas-philanthropy 1 Quote Link to comment Share on other sites More sharing options...
Barry McCockinner Posted November 21, 2022 Share Posted November 21, 2022 never trust a sh*tcoiner Quote Link to comment Share on other sites More sharing options...
Matt39 Posted November 26, 2022 Share Posted November 26, 2022 oh my Quote Link to comment Share on other sites More sharing options...
TuscanyTile2 Posted November 26, 2022 Share Posted November 26, 2022 1 hour ago, Matt39 said: oh my "Shocked, I tell you. Shocked!" Quote Link to comment Share on other sites More sharing options...
Embrace the Suck Posted November 26, 2022 Share Posted November 26, 2022 On 11/14/2022 at 9:13 PM, greenwave81 said: But this 28 y.o. kid was donating like $100 million to politicians, with a loop around to Ukraine who we've been shoveling money to. I fear he will not do well in jail. You're presuming he goes to jail. He donated lots of money to people who can, and do make legal issues disappear. People who you can probably presume don't want him testifying on the stand about what they knew. 1 1 Quote Link to comment Share on other sites More sharing options...
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