Cdub100 3,838 Posted January 7, 2022 25 minutes ago, Alias Detective said: When I owned Lucent Technologies my lollipop went to free since it was worth zero. Huh? Share this post Link to post Share on other sites
Alias Detective 1,389 Posted January 7, 2022 18 minutes ago, GutterBoy said: He doesn't understand finance or investing. All he does is repeat the BS that he reads online about Crypto. He's brainwashed, but he's been incredibly lucky to have gotten in early on crypto an has had amazing returns, if we can believe what he says. The problem now is that he's a pig, and he's not taking any gains, he's setting himself up to be slaughtered. Maybe he'll end up in a millionaire, maybe he'll be broke, nobody knows. And his investment certainly isn’t stable nor should be compared to any debt instrument. Share this post Link to post Share on other sites
GutterBoy 2,898 Posted January 7, 2022 Just now, Alias Detective said: But his investment certainly isn’t stable nor should be compared to any debt instrument. Obviously. Its a speculative growth asset, not a safe haven. Comparing the growth of bitcoin to a short term bond fund is stupid, since the purpose of each asset is different. Share this post Link to post Share on other sites
Alias Detective 1,389 Posted January 7, 2022 9 minutes ago, Cdub100 said: Huh? When a Satoshi is worth zero, how many of them will it take to buy a lollipop. You established a lowering price is a good thing remember. Share this post Link to post Share on other sites
GutterBoy 2,898 Posted January 7, 2022 This idiot's safe haven is down 40% in less than 3 months Share this post Link to post Share on other sites
GutterBoy 2,898 Posted January 7, 2022 21 minutes ago, GutterBoy said: This idiot's safe haven is down 40% in less than 3 months Correction over 40% now, 20 mins later. Share this post Link to post Share on other sites
nobody 2,566 Posted January 7, 2022 2 hours ago, Alias Detective said: When a Satoshi is worth zero, how many of them will it take to buy a lollipop. You established a lowering price is a good thing remember. If a Satoshi is worth 0, the lolipop has infinite cost. Share this post Link to post Share on other sites
Frozenbeernuts 2,115 Posted January 7, 2022 14 minutes ago, GutterBoy said: Wrong. Bonds are not negative for the past decades. Compare your bonds to inflation Share this post Link to post Share on other sites
Frozenbeernuts 2,115 Posted January 7, 2022 If I had more money to invest I would. But all of the money I can afford to invest is already deployed. If I came upon 10k right now that I could do whatever I wanted with, I would buy more bitcoin. Share this post Link to post Share on other sites
Alias Detective 1,389 Posted January 7, 2022 2 minutes ago, Frozenbeernuts said: Compare your bonds to inflation Which bonds? The tax free ones? Share this post Link to post Share on other sites
Frozenbeernuts 2,115 Posted January 7, 2022 Just now, Alias Detective said: Which bonds? The tax free ones? Treasury bonds Share this post Link to post Share on other sites
Alias Detective 1,389 Posted January 7, 2022 Just now, Frozenbeernuts said: Treasury bonds Who uses treasury bonds as a tool to outpace inflation? Share this post Link to post Share on other sites
Frozenbeernuts 2,115 Posted January 7, 2022 Gutterboy would rather hold cash for 10 years and lose multiple points on his purchasing power than buy bitcoin and gain multiples in his purchasing power. How does that make any sense? Share this post Link to post Share on other sites
Frozenbeernuts 2,115 Posted January 7, 2022 1 minute ago, Alias Detective said: Who uses treasury bonds as a tool to outpace inflation? Gutterboy Share this post Link to post Share on other sites
GutterBoy 2,898 Posted January 7, 2022 7 minutes ago, Frozenbeernuts said: Compare your bonds to inflation It's roughly the same, which is the purpose of the investment. 1 Share this post Link to post Share on other sites
GutterBoy 2,898 Posted January 7, 2022 3 minutes ago, Frozenbeernuts said: Gutterboy would rather hold cash for 10 years and lose multiple points on his purchasing power than buy bitcoin and gain multiples in his purchasing power. How does that make any sense? Because the cash is meant to offset loses, use for reinvesting, or for emergencies. I'm not putting "safe" money into a speculative asset. Only retards do that. I have speculative money in speculative assets. Share this post Link to post Share on other sites
GutterBoy 2,898 Posted January 7, 2022 4 minutes ago, Frozenbeernuts said: Gutterboy I never said that you piece of disgusting sh!t Share this post Link to post Share on other sites
Cdub100 3,838 Posted January 7, 2022 1 hour ago, nobody said: If a Satoshi is worth 0, the lolipop has infinite cost. He doesn't understand what he's saying. Sad really Share this post Link to post Share on other sites
Cdub100 3,838 Posted January 7, 2022 50 minutes ago, GutterBoy said: It's roughly the same, which is the purpose of the investment. Lmfao Share this post Link to post Share on other sites
frank 2,276 Posted January 7, 2022 This thread is almost 5 years old and 128 pages. Has a single person changed their mind? 1 Share this post Link to post Share on other sites
Cdub100 3,838 Posted January 7, 2022 2 minutes ago, frank said: This thread is almost 5 years old and 128 pages. Has a single person changed their mind? I did. Share this post Link to post Share on other sites
Alias Detective 1,389 Posted January 7, 2022 45 minutes ago, frank said: This thread is almost 5 years old and 128 pages. Has a single person changed their mind? Yes Share this post Link to post Share on other sites
Frozenbeernuts 2,115 Posted January 8, 2022 5 hours ago, frank said: This thread is almost 5 years old and 128 pages. Has a single person changed their mind? I have changed dramatically. I wasn't sure about bitcoin until this year Share this post Link to post Share on other sites
Gepetto 1,289 Posted January 8, 2022 I believe now it was a great investment if you got in early. But I also believe it's time to cash out as I expect it to drop a lot more before it rebounds again a couple years later. I believe in it long term now too. Just won't buy until it drops 80% or more. Share this post Link to post Share on other sites
Horseman 2,367 Posted January 8, 2022 9 hours ago, GutterBoy said: It's roughly the same, which is the purpose of the investment. An investment that targets 0 gain? I've got a an ETF that targets 7% Is there an investment/stock thread around here? Dont want muck up the crypto talk. Share this post Link to post Share on other sites
Cdub100 3,838 Posted January 8, 2022 15 minutes ago, Horseman said: An investment that targets 0 gain? I've got a an ETF that targets 7% Is there an investment/stock thread around here? Dont want muck up the crypto talk. I can get 9% on a stable coin. Share this post Link to post Share on other sites
GutterBoy 2,898 Posted January 8, 2022 16 minutes ago, Horseman said: An investment that targets 0 gain? I've got a an ETF that targets 7% Is there an investment/stock thread around here? Dont want muck up the crypto talk. Asset allocation Share this post Link to post Share on other sites
GutterBoy 2,898 Posted January 10, 2022 On 1/7/2022 at 2:03 PM, Cdub100 said: Lmfao Your safe haven is down another 5% today. Meanwhile mine is down 0. Share this post Link to post Share on other sites
Cdub100 3,838 Posted January 10, 2022 3 minutes ago, GutterBoy said: Your safe haven is down another 5% today. Meanwhile mine is down 0. The fact you don't know your safe haven is down told everyone you have no clue what you're talking about. Share this post Link to post Share on other sites
Cdub100 3,838 Posted January 13, 2022 Bitcoin saving people's wealth in Turkey. When a country's currency collapses it's easy for the citizens to move their money into bitcoin and save what little wealth they have left from going to zero. Notice they aren't rushing to buy bonds. Share this post Link to post Share on other sites
GutterBoy 2,898 Posted January 13, 2022 1 hour ago, Cdub100 said: Bitcoin saving people's wealth in Turkey. When a country's currency collapses it's easy for the citizens to move their money into bitcoin and save what little wealth they have left from going to zero. Notice they aren't rushing to buy bonds. Bitcoin is down more than their currency so far this year. How does losing money save wealth? Share this post Link to post Share on other sites
Hardcore troubadour 14,943 Posted January 13, 2022 Wish I got in when 90’s told me to. Share this post Link to post Share on other sites
edjr 6,578 Posted January 13, 2022 4 minutes ago, Hardcore troubadour said: Wish I got in when 90’s told me to. I did a little bit after and sold Share this post Link to post Share on other sites
Cdub100 3,838 Posted January 13, 2022 13 minutes ago, GutterBoy said: Bitcoin is down more than their currency so far this year. How does losing money save wealth? It's clear you don't understand so I won't waste my time explaining it. Share this post Link to post Share on other sites
Hardcore troubadour 14,943 Posted January 13, 2022 9 minutes ago, edjr said: I did a little bit after and sold Who am I kidding? I probably would have too. I’m a puzzy. Share this post Link to post Share on other sites
Horseman 2,367 Posted January 13, 2022 On 1/10/2022 at 6:49 AM, GutterBoy said: Your safe haven is down another 5% today. Meanwhile mine is down 0. It's up 4.7% since the last time you complained about it, 6 days ago. Meanwhile you're not even trying to keep up with inflation. Might as well light your money on fire. Share this post Link to post Share on other sites
Hardcore troubadour 14,943 Posted January 13, 2022 2 minutes ago, Horseman said: It's up 4.7% since the last time you complained about it, 6 days ago. Meanwhile you're not even trying to keep up with inflation. Might as well light your money on fire. Present Share this post Link to post Share on other sites
GutterBoy 2,898 Posted January 13, 2022 15 minutes ago, Cdub100 said: It's clear you don't understand so I won't waste my time explaining it. Classic response when proven wrong Share this post Link to post Share on other sites
GutterBoy 2,898 Posted January 13, 2022 9 minutes ago, Horseman said: It's up 4.7% since the last time you complained about it, 6 days ago. Meanwhile you're not even trying to keep up with inflation. Might as well light your money on fire. You're proving my point, a safe haven doesn't fluctuate 5% per day, or 50% per month. As far as keeping up with inflation, my investments have beat inflation every single year since 2008. You have no idea what you're talking about. Share this post Link to post Share on other sites
GutterBoy 2,898 Posted January 13, 2022 For the last time, for the complete brain dead, bitcoin is a great investment as a speculative play. For a safe haven, it's terrible. Share this post Link to post Share on other sites
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