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bitcoin and gold


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2020 Oct 17, 10:34pm   6,890 views  379 comments

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Raoul Pal, former Goldman Sachs hedge fund manager, recommending bitcoin and gold

www.youtube.com/embed/FKLabPm1D-g




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341   WookieMan   2020 Dec 5, 8:24pm  

G36 says
Cash says
G36 says
proof that Bitcoin will hit 1M in 2021

No such thing exist brother ;) I'm not riding that train however 6 digit is likely in reach.


hehe, tried to troll our haters :)

Once a moron, always a moron. You still don't understand what 6 figures means. You're not even trolling is the funny part. You also assume I hate BTC. But keep making your childish list of things you "think" are wrong even though you know they're right. Insecurity is not a very good trait.
342   Bitcoin   2020 Dec 5, 9:40pm  

personal
343   Bitcoin   2020 Dec 6, 6:24am  

WookieMan says
a very good trait.

Yep, Bitcoin has very good traits compared to FIAT and Gold. Thats why smart money buys Bitcoin. Even onvacation ( a guy who collect silver coins) bought some!

344   Cash   2020 Dec 6, 6:35am  

China wants to weaponize its currency. A digital version could help
https://www.cnn.com/2020/12/04/economy/china-digital-yuan-currency-intl-hnk/index.html
"China wants to break the US dollar's stranglehold on the global financial system and gain greater
control over how people spend their money. It's hoping a digital currency could deliver both."

The fed is doing the same https://www.congress.gov/116/bills/s3571/BILLS-116s3571is.xml
345   Cash   2020 Dec 6, 6:40am  

BTW Visa's international digital money patent is set to destroys fiat as it is used and issued.
The digital money will correspond to a fiat serial# and the corresponding fiat will be trashed...
346   BlueGrass   2020 Dec 6, 6:53am  

They recommend it so they can sell it. i.e. transparency
347   Cash   2020 Dec 6, 7:14am  

BlueGrass says
They

Whos "They"?
348   WookieMan   2020 Dec 6, 7:16am  

G36 says
WookieMan says
a very good trait.

Yep, Bitcoin has very good traits compared to FIAT and Gold. Thats why smart money buys Bitcoin. Even onvacation ( a guy who collect silver coins) bought some!

Selective quoting now? Amateur hour in the troll realm. F- for trolling. lol. Do better.

When people post graphs (repeatedly) they cannot explain, it's kind of funny and kind of sad. Cash is at least attempting to educate and not be butt hurt about differing opinions.
349   Bitcoin   2020 Dec 6, 12:04pm  

personal
350   Cash   2020 Dec 6, 2:47pm  

G36 says
Hey DF,
what do you not understand about the graph? all of it :)? You know we are here to help, DF.
lmhao Let them know you are here for them.... DF'rs
351   Bitcoin   2020 Dec 6, 4:59pm  

personal
352   Bitcoin   2020 Dec 7, 10:22pm  

It seems like a no brainer to buy digital gold over physical gold.

physical gold has physical constraints
heavy and hard to divide in small pieces
very hard/time consuming to ship overseas
Cant use it for online shopping
gold inflates (yearly, 2% more gold is being mined)

I dont have anything against gold. It simply sucks. compared to Bitcoin (gold 2.0 / digital gold) its like comparing a brand new Iphone (Bitcoin) to a landline (physical gold).
353   WookieMan   2020 Dec 8, 3:55am  

G36 says
I dont have anything against gold. It simply sucks.


G36 says
compared to Bitcoin (gold 2.0 / digital gold)

Classic. Glad I quoted this. Common sense is to compare something you like BTC, with something you believe sucks gold. lol. Contradiction much?

We'll see how fast you bounce to a new username again on an anonymous forum that literally has 2-3 users that even care about crypto. Posting the same graph over and over is doing nothing. Multiple users have called out the massive flaws with BTC, not just me. You resort to childish responses and don't address those flaws and post the same graph. If that makes you sleep well at night I guess you do you. Sure has the looks of someone that is very insecure and desperate.
354   Bitcoin   2020 Dec 8, 6:06am  

personal
356   WookieMan   2020 Dec 9, 10:24am  

G36 says
Yep, Bitcoin being digital gold has much better traits than physical gold. Hasn't clicked yet, no? No problem!

Three years. Keep being wrong.


357   WookieMan   2020 Dec 9, 10:27am  

We can all selectively pick purchase dates even though we didn't purchase at that price or obtain it at that price. Gold has blasted BTC the last 3 years. This is indisputable. That's 3 years of dead money that could have earned dividends, something. It did nothing for 3 years. I know you don't want a discussion, but I like making you look like an ass.
358   Bitcoin   2020 Dec 9, 10:51am  

Nice DF! At least you agree with charts now!!! Thats a huuuuuuuuuge improvement, DF! Proud of you, DF!!



359   WookieMan   2020 Dec 9, 11:02am  

G36 says

WTF is this? Lol. Where's the X axis? Why cut the graph off? This shows nothing as usual. Keep up on losing.
360   Bitcoin   2020 Dec 9, 11:07am  

personal
361   WookieMan   2020 Dec 9, 11:24am  

No answer. Because you don't know. As usual.
362   Bitcoin   2020 Dec 9, 12:07pm  

personal
363   Bitcoin   2020 Dec 9, 12:15pm  

personal
364   WookieMan   2020 Dec 9, 12:56pm  

G36 says
its hilarious, the chart has a header, a source and explanation.

It's hilarious you haven't answered a single question asked of you. You post trash. I literally show you that BTC has been dead money for 3 years and you don't have a response except ad hom. You'll run like you did last time and eventually cave like a little coward and hit ignore. I won't stop little boy. I can do this all day as I have enough money and don't have to constantly watch a 24/7 market that can blow through any stop loss set up. I don't live scared. lol.
365   Bitcoin   2020 Dec 9, 1:27pm  

WookieMan says
G36 says
its hilarious, the chart has a header, a source and explanation.

It's hilarious


It totally is! I think you still dont get the chart, am I right?

% profitable days holding Bitcoin is 99.7%

366   Bitcoin   2020 Dec 9, 6:37pm  

personal
367   Bitcoin   2020 Dec 10, 5:43pm  

https://www.wsj.com/articles/massmutual-joins-the-bitcoin-club-with-100-million-purchase-11607626800

"Massachusetts Mutual Life Insurance Co. bought $100 million of bitcoin for its general investment account, the latest sign of mainstream acceptance for the upstart digital currency.

The investment is a tiny one for the Springfield, Mass.-based insurance company whose general investment account totaled nearly $235 billion as of Sept. 30. But it signifies further momentum for bitcoin, which has surged this fall. The price of a single bitcoin peaked in late November at $19,835, topping its 2017 high, and currently trades around $18,000, up 150% year-to-date."


Sounds like we can add Life Insurance companies to the list of entities purchasing Bitcoin
Nasdaq listed companies (Square/Paypal)
Hedge Funds
Billionaires
Banks

#institutionalfomo
368   Bitcoin   2020 Dec 23, 11:55am  

Smart man, explains why we are in the early innings of Bitcoin and why the party is just about to start. He also gets it.....dont trade Bitcoin, HODL, HODL, HODL!

"Why Anthony Scaramucci is betting on crypto: 'Bitcoin is in its early innings"

www.youtube.com/embed/STxaOcMCsQk

remember folks, for every BTC hater on this site, there is one hedge fund that pours millions of USD into Bitcoin!

MUSIC to my ears :)
369   Bitcoin   2020 Dec 30, 10:49am  

@onvacation
I know you have been interested in learning more about digital gold. I enjoy educating you. If you ever feel you want to thank me, I wouldn't mind this flag as a present.



Please include a flag pole.
370   WookieMan   2020 Dec 30, 11:45am  

G36 says
Anthony Scaramucci

Holy shit. I can't stop laughing. A fucking con artist that got fired almost immediately by Trump. And that's saying a lot given he's an NYC real estate developer. lol.

With every post you make, the scam is more obvious than what it already was. Thanks. Scaramucci. Jesus.... If the guy was sooo financially smart, it shouldn't have been necessary to write 4 books and he should have been making money from his "fund." Guy is a loser con man. Go figure he'd be into crypto. lol. I have my money, don't need to con people out of it or take advice from con artists.
371   Bitcoin   2020 Dec 30, 1:37pm  

G36 says
@onvacation
I know you have been interested in learning more about digital gold. I enjoy educating you. If you ever feel you want to thank me, I wouldn't mind this flag as a present.



Please include a flag pole.


Wookie, I forgot you in this. Maybe you could buy the flag and onvacation the pole?
372   WookieMan   2020 Dec 30, 1:47pm  

G36 says
Wookie, thats applies to you too. Or maybe, you could buy the flag and onvacation the pole?

The fun part in all this is Onvacation and I have disagreed on other topics on patnet and can still be cordial with each other. I agree with him on this topic. Disagree on others I cannot think of off the top of my head. It's not a big deal. It's a conversation and at most a debate. There's nothing to cry about and throw out childish comments to other users.

You call us trolls, but we came in asking questions and making valid points that have yet to be refuted or even half ass argued against. Nothing was negative until you went down that path. And you then post childish stuff like this. Why would anyone take what you say seriously at this point? These posts have become a 2 person circle jerk and pump. You do know there are actual Crypto forums that you can comment on, right? Wait, maybe I'm asking too much.
373   Bitcoin   2020 Dec 30, 2:00pm  

personal
374   WookieMan   2020 Dec 30, 2:50pm  

G36 says
Sry Wookie

Funny how you always apologize up front for being wrong. I kind of appreciate it.

Also, learn what a troll is. And learn what dollar cost averaging is, a term you use frequently, but apparently don't understand when you think you're making fun of someone else's successful investment in a stock. I don't buy all my shares at once in an investment. I'm not a gambler. That's clearly gone over your head though. Keep pumping though.
375   Bitcoin   2020 Dec 30, 2:55pm  

personal
376   WookieMan   2020 Dec 30, 3:05pm  

G36 says
Sry wookie, i dont interact

Apology not accepted. You don't interact with anyone here. You're spam.
377   Bitcoin   2020 Dec 30, 3:13pm  

personal
378   Bitcoin   2020 Dec 31, 10:04am  

Bitcoin retail investors are waking up....



We are still early (in the institutional investor phase)
379   Bitcoin   2021 Jan 1, 6:03pm  

we did it! Bitcoins market cap is bigger than warren buffets Berkshire Hathaway!

https://news.bitcoin.com/noxious-poison-bitcoins-market-cap-surpasses-warren-buffets-berkshire-hathaway-valuation/

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