Bitcoin is a Ponzi

[ORDER_66]

Hope you don't duck and hide as usual when shyt goes left

I'm right here when i cash out I will hit you up FIRST and foremost...

just got word more bears just got liquidated this morning trying to short BTC... $90M gone...

 

[Tres Leches]

already at new ATH vs certain ponzi fiat currencies

 

[In The Zone '98]

You still thirsty for my attention I see

Exhibit A...

 

[ogc163]

Exhibit A...

 

[GoldenGlove]

Aiolux.com: Dollar Cost Average Calculator for [NVDA] NVIDIA Corp. | Aiolux

Dollar Cost Averaging (DCA) simulates effect of regular investments in [NVDA] NVIDIA Corp. without regard for price/market fluctuations or trying to time markets. Specify stock/etf/crypto symbol & investment schedule below then click recalculate to view dollar cost averaged back-test report. DCA...

aiolux.com

Comes out to about 25k vs 21k for bitcoin.


Not bad for a ponzi

Returns are actually pretty similar. They both are partly responsible for each others rises.

My point is, safer assets outperformed BTC in that time frame. It's hard to pump your chest about BTC getting back to it's ATH when other stable less volatile options did better.

I'm not anti-crypto, I just don't have the conviction to invest in it heavily at all. Things may change with more regulation coming tho.

 

[GoldenGlove]

Once the SEC approved the ETF it was a wrap. Now there's too much money being made.

Disbelievers you still have a chance to get in and make some money. Crypto not done running yet, not by a long shot.

Perfect time to buy at it's peak huh?

 

[ogc163]

I'm right here when i cash out I will hit you up FIRST and foremost...

just got word more bears just got liquidated this morning trying to short BTC... $90M gone...

Like a broad you being passive aggressive talking about me in other threads and trying to get some back up, without even tagging me

I got you so in your feelings you can't even enjoy your "W" without me on your mind

 

[ConPHIdential]

My point is, safer assets outperformed BTC in that time frame. It's hard to pump your chest about BTC getting back to it's ATH when other stable less volatile options did better.

I'm not anti-crypto, I just don't have the conviction to invest in it heavily at all. Things may change with more regulation coming tho.

It actually isn’t hard at all to pump your chest being in an asset that pumped 4x in less than a year. Nvidia isn’t stable at all. It cracked just like Bitcoin did in 2021, and had a violent rally ever since. Bitcoin did the same.

Your post comes off as hating, tbh.

 

[UpNext]

My point is, safer assets outperformed BTC in that time frame. It's hard to pump your chest about BTC getting back to it's ATH when other stable less volatile options did better.

I'm not anti-crypto, I just don't have the conviction to invest in it heavily at all. Things may change with more regulation coming tho.

I mean I get the premise of your point, but NVDA's volatility has pretty much been the same as BTC's since the pandemic hit. It dumped from ~$350 in November 2021 to ~$108 in October 2022 (numbers not precise just looking at the chart in fidelity since I hold a tiny amount of NVDA because it took off before I could really build a position) and is now sitting at $773....That's nowhere near stable....

 

[Uncouth Savage]

Congrats to all.

 

[UpNext]

It actually isn’t hard at all to pump your chest being in an asset that pumped 4x in less than a year. Nvidia isn’t stable at all. It cracked just like Bitcoin did in 2021, and had a violent rally ever since. Bitcoin did the same.

Your post comes off as hating, tbh.

People are just more comfortable with stocks as an asset class and understand companies better than technology I think. If you actually technically understand what Bitcoin is, how it works, and what it's accomplished in 15 years and are savvy enough to read the source code yourself, it becomes an easy buy.

 

[ORDER_66]

Like a broad you being passive aggressive talking about me in other threads and trying to get some back up, without even tagging me

I got you so in your feelings you can't even enjoy your "W" without me on your mind

Dont worry the W is about to happen this year you the only clown downplaying btc and the market we told you the rebound would happen stay mad

 

[Bboystyle]

So many dumb nikkas in here talking about Bitcoin being a ponzi scheme


Whole entire thread needs to be bushed for fake news

 

[ABlackMan]

Got a note we hit 60K. IM RICH bytch

 

[ABlackMan]

oops