Official Cryptocurrency Thread: Skepticism to Speculation to FIGHT! FIGHT! FIGHT!

Discussion in 'The Mainboard' started by Nantucket, Jan 29, 2017.

  1. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    It’s a wildly inaccurate take/perception of events.

    “1500 whines” - people constantly call him to carpet when BTC is down, he responds, in good faith. You challenge him on ideology, theory, data - he responds, in good faith. You can argue all of his takes/positions are bad, based on flawed logic, misinterpretation of data, etc., but I don’t understand the chastising at his increased post rate when, by sheer dumb luck, or… hold on, stay with me here, maybe… just maybe… he was right all along… and you’re all wrong, drawing the wrong conclusions, etc.?

    And I fail to see or understand the relevance of how participatory someone is on a message board being indicative of anything. I see usernames with 10k posts I’ve never interacted with or knew existed every single day on here. Like what even is that criticism? Embarrassing.
     
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  2. dblplay1212

    dblplay1212 Well-Known Member
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    You have no idea what I've invested or didn't invest bc I don't view finances as my identity and don't feel the need to discuss them with others. People that view finances as a competition and therefore have a scoreboard in their head really need to work on viewing life through a different lens.
     
  3. Andy Reocho

    Andy Reocho Please don't get lost in the sauce
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    (Unfollows thread for the day)
     
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  4. Penguin The Duck

    Penguin The Duck Well-Known Member / #NFT Influencer
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    Im gonna hang out to see if dbl says identity one more time
     
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  5. construxboy

    construxboy xenForo is the new TMB
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    User name checks out
     
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  6. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    pointing out that his entire persona on this board is as the crypto guy, now the bitcoin guy, is an accurate call. the rest is irrelevant except you see him as sympathetic since you think he's closer to you ideologically (I'd disagree, last time we talked we both had basically the same take on crypto/btc)

    but yes whining about people posting in here during bear periods then himself posting at 10x the rate during bull periods is just an accurate depiction of reality and obvious.
     
  7. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    the real answer is always be posting
     
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  8. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    I know you didn’t invest in BTC for any substantial amount or else you wouldn’t be coping so hard in here. You’d be celebrating everyone’s big win, vindication, because you’re such a good person and want to see others succeed, even if you’re not. Right?

    Well, generally speaking I believe in financial transparency because I find value in sharing information, be it salary/benefits or credit card points. How an individual chooses to internalize that is a “them” issue. And it appears you have internalized it pretty deeply. Hope you work that out.

    However, when discussing common shared interests like sports gambling, poker, stock/crypto trading/investing - I wholly support transparency and disregard anyone who doesn’t, because it’s usually a fair arbiter in determining who is correct/winning in the things we share a common interest in. What’s the fun if we’re not keeping score, playing for something that matters?
     
  9. dblplay1212

    dblplay1212 Well-Known Member
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    Maybe one day you'll realize life isn't a competition. Today isn't that day though.
     
  10. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    the problem with the bold is the jury is basically still out until we're dead

    can convince yourself you're correct when its just variance, then get washed, or vice versa.
     
  11. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    bogle forever
     
  12. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    We aren’t discussing life though. We’re discussing a crypto trade/investment.

    So again, who is internalizing things here?
     
  13. dblplay1212

    dblplay1212 Well-Known Member
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    Normal person - Fuck yes, this shit I invested in shot up and I made a dick ton. Wooo hoooo!!!

    Weirdo - SCOREBOARD! COPE!
     
  14. user15000

    user15000 Well-Known Member

    I don't think it's remotely accurate that I post 10x more during bull markets. There's more company/country/investment/fund news during bull markets, so that's a natural uptick.

    And yes my shitposting, grave dancing, and shit talking goes up in bull markets, but lol duh. If btc was at $100, this thread would be absolutely filled with people happy that I lost money, which I find to be far weirder than me doing the "told you so" routine.

    I've never run from the fact that btc is prone to large percentage drops, or goes through bear markets, or doesn't go up in a straight line forever. I will, however, poke fun at the people who took those positions in the past and now can't seem to find this thread to come eat their crow.
     
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  15. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    True, which is why the grave dancing at BTC $20k was weird. But since that’s the precedent, I see nothing wrong with a little “game, blouses”. DBL taking it real hard though. Check on him in DMs.

    I’d venture to say the more volatile cycles BTC survives and peaks through, the more likely it isn’t ever going to 0. If it stagnates at $100k and has the price action of gold over the last few decades, will probably be a pretty boring thread, but if you got in before that it’s pretty exciting.
     
  16. Arrec Bardwin

    Arrec Bardwin La Araña Discoteca
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    Speaking of Bogle, I WILL grave dance once Vanguard capitulates into offering Crypto ETFs.
     
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  17. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    :roll:
    Pretty sure that’s how it was going until you popped in, preemptively, untagged, to tell everyone how unbothered you were by BTC mooning again.
     
  18. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    to state the obvious that i've stated before, i don't want our crypto bois to go broke, i just for many years tried to find if there was anything there substantively

    i never found it beyond speculation but I'm still open to hearing about it so I check this thread
     
  19. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    i want our middle class crypto bois to win

    the rich boys getting richer is just the normal way the world works
     
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  20. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    my dad would never
     
  21. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    I get it if this thesis does nothing for you, but does it need to be anything more than digital gold and the opportunity cost associated with taking a percentage of that market?
     
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  22. dblplay1212

    dblplay1212 Well-Known Member
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    Oh there's several normal people that occasionally post itt. There's also 3-4 weirdos that have wrapped their entire identity into being the weird crypto guy and therefore can't help but "SCOREBOARD! COPE!" on good days. Up to you to determine which category you fall into.
     
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  23. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    Why do you post in this thread?

    And why do you care who the weirdo’s are, sneaker boy?
     
  24. AptosDuck

    AptosDuck Pedantic Hausfrau
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    but think of the Argentinians
     
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  25. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    gold is also dumb as are the goldbug arguments that btc folks took over parroting

    if the argument is just network effects and first in the door for digital speculation means price go up that's cool, but I don't really find that coercive, I like there to be something there than "the narrative strong" but I'm a conservative investor obviously
     
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  26. dblplay1212

    dblplay1212 Well-Known Member
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    There's that false bravado again. Internet tough guy grrrrrrr oooo you scary
     
  27. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    my current accounts all at 10-20% annual appreciation is enough for me to be happy, the downside risk of "digital gold" is scurry
     
  28. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    Lol what the hell is going on with you?

    How were those questions me being a hardo? You’re a weirdo with a niche interest you’ve invested lots of money in, it’s a little funny to see you throwing stones.

    High interest rates really fucking with you or what? Chill out.
     
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  29. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    A 1% allocation isn’t going to derail two relatively young, high income earner’s financial futures, baby cakes.
     
  30. dblplay1212

    dblplay1212 Well-Known Member
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    Do you tend to refer to people as "Boy" irl or is that just an internet tough guy thing? I really hope it's the latter or you're even worse than I imagined.
     
  31. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    It was meant flippantly, last I checked you’re not black, so no negative historical/racial connotations. If it bothered you that much, I’ll address you differently, sneaker bitch.
     
  32. dblplay1212

    dblplay1212 Well-Known Member
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  33. Tug

    Tug Well-Known Member
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    I don’t think anyone here would be happy that you lost money
     
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  34. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    I am not trying to scare you, just making fun of you.
     
  35. Harrison Beck

    Harrison Beck Bailout Bro
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    Hard disagree
     
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  36. dblplay1212

    dblplay1212 Well-Known Member
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    The point is you wouldn't call anyone "boy" or "bitch" in this context irl. Everyone knows you're an insecure person that hides behind a tough internet act. That's been very obvious for years, idk why you keep it up.
     
  37. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    Ohhh, I get it now, you’re doing a “you wouldn’t say that to my face” thing.

    I assure you I would.

    And it would be delivered as jovial and relaxed as I am now typing it. Again, you control your reactions/emotions, DBL. If me calling you a retard, dumb, boy, or a bitch is bruising your ego that badly, I’d recommend some breathing exercises, light meditation, a workout, or a run on the beach (which would have ancillary benefits beyond just calming you down).
     
  38. dblplay1212

    dblplay1212 Well-Known Member
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    No, I'm not pretending to be a tough guy. I'm saying you're smart enough to not use that language irl bc someone else may take it more seriously than I do.

    Nothing is bruising my ego. I feel sorry for you, not me. Be better.
     
  39. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    But it could be a negative ev play compared to alternatives over the next 40 years
     
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  40. Lyrtch

    Lyrtch My second favorite meat is hamburger
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    You adopting therapy speak to justify acting like a middle school try hard is hysterical
     
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  41. dblplay1212

    dblplay1212 Well-Known Member
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    Close buddy at work has $16k in Shiba. Well, that's what he started with. Got down to $2k, now he's back to $10k. He's saying he'll dump it if it gets back to $16k but I don't believe him for a second lol. No way he sells after a 250% week. It's fun to follow it with him though.
     
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  42. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    Of all my bad qualities, personality traits, that this message board never misses an opportunity to remind me of, I find it rather amusing that anyone thinks it’s something I turn on/off between the internet and real life.

    For better or for worse (I like to think an acerbic wit is part of my charm), I assure you I do speak to people like this all of the time. I think you misinterpreted the tone a bit, as most people recognize it’s just shit talking/meant in jest :awesomeface:. Only a hardo would purposefully misinterpret it. So I’ll cross that “said it to the wrong person” bridge when I get to it I guess.

    I’ll try to be better in matters that matter, but shit posting will continue until your moral improves… now go get your shine box.
     
  43. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    Thank you.
     
  44. Chumbolone

    Chumbolone Wigglin’ my toes on a mink rug…
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    In poker this is called “waiting for aces”. Only OMCs play like that. And they rarely win, but get free coffee.
     
  45. Lip

    Lip Well-Known Member
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    side question - what’s up with you using “coercive” in place of something like “persuasive” a bunch lately?
     
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  46. Lip

    Lip Well-Known Member
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    speak for yourself, boy/bitch
     
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  47. AptosDuck

    AptosDuck Pedantic Hausfrau
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    I prefer "compelling"
     
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  48. Lip

    Lip Well-Known Member
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    that works too. Coercive seems awkward but it’s his new favorite buzzword
     
  49. user15000

    user15000 Well-Known Member

    If I were you, missing on the upside risk of an asset class with a $10T to 50T plus addressable market is scarier.

    I think countless money managers will be terminated for not having an allocation to btc.

    And that's exactly what Blackrock and Fidelity are telling their clients: 1-3% for your portfolio.
     
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  50. AptosDuck

    AptosDuck Pedantic Hausfrau
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    Yeah, it has aggressive connotations, like you're forcing something

    Back when I did IR coercion was getting somebody to do something they didn't want to do
     
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