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Tyrant of Ants said:
I'll eat my own balls if it doesn't bounce back to hit 100k within 3 years. Of course, if it hits $1,000 before then I probably won't be around to honor that commitment, so don't hold me to it!
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I have an entry point 20k for Bitcoin, so I hope it dips down that low. :Sly:
 
Tyrant of Ants said:
That's certainly a real possibility. I'd jump right back in myself.
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China is trying to kill crypto as is the US, who want to issue digital currency in the future. They can't stand not being in control of everything and DeFi/Blockchain is in violation of that.
 
Tyrant of Ants said:
Yeah, that's been the talk for the last 6 years or so lol. Also before Elon Musk, it was John McAfee with his shit tweets to pump and dump. I've seen this movie a few times.
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Its intensified this week because its getting more mainstream now. China is going to go try to shutdown the mining operations, which I unfortunately hold stock in.
 
Tyrant of Ants said:
You know, China is not the only country in Asia with dirt cheap electricity and labor. I didn't just go cruising around on a motorcycle in VN for the last 5 years. :bgrin:

One of my bikes...

View attachment 38627
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That's a Star Wars Stormtrooper bike if I ever saw one! Sweet ride! I'd put a taller windshield on it with a manual wiper....did that with my old farmers bike in Taiwan...life saver to have that wiper in monsoon country
 
Tyrant of Ants said:
I do have the taller one, but prefer this one. Not much rain in that area so there's no need. It's a sweet ride indeed, but I feel bad for it since I can't even use it anywhere near its true power. Have to pay the extra fees and bribed some fools to be able to ride an actual motorcycle rather than a motorbike, too.
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I still have my old helicopter pilot helmet with two face shields...one sunglass tinted and the other clear...also vented so it stays cool when you ride around in the heat...it's white and looks like it belongs with that beamer
 
Tyrant of Ants said:
Come visit VN sometimes. I've got you covered. My uncle is in his 70's and still rides!
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Now that I'd definitely do! I can still ride, just not here....I had only motorcycles for long stretches of my youth.....last one I sold in my late 40s....it's actually in Vietnam now. I'd love to come to VN and spend some quality time....see the north, etc...eat the food...beautiful place. We'll be visiting Taiwan over the next couple of years and then I'd like to visit a few places before coming back
 
Tyrant of Ants said:
Just let me know. I've got residence in all the best places (although, my fav is still an old cheap farmhouse way out in the countryside).
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Done deal....I'll return the favor if you ever want to see the hidden secrets of eastern Taiwan....it's breathtaking if you know where to go....marble and jade mountains
 
I spoke to my broker about Bit Coin and he told me that they were involved with some very very bad for the ecology mining so you might want to think twice about investing in them.
 
Just got an e-mail from my broker regarding Bit Coin:
"Key takeaways:

* Data suggests that institutional announcements, inflows into GBTC, and miner reward cuts help drive Bitcoin prices

* The main argument for Bitcoin is not diversification, stable returns, or inflation protection, but sheer price

appreciation

* Bitcoin CO2 emissions are the same as Greece's and rise in line with prices. Our ESG reading is low on E, and mixed

on S & G"
 
Lanny said:
I spoke to my broker about Bit Coin and he told me that they were involved with some very very bad for the ecology mining so you might want to think twice about investing in them.
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It's absolutely terrible. The carbon footprint is extensive. I will not buy into bit coin.
 
Lanny said:
Just got an e-mail from my broker regarding Bit Coin:
"Key takeaways:

* Data suggests that institutional announcements, inflows into GBTC, and miner reward cuts help drive Bitcoin prices

* The main argument for Bitcoin is not diversification, stable returns, or inflation protection, but sheer price

appreciation

* Bitcoin CO2 emissions are the same as Greece's and rise in line with prices. Our ESG reading is low on E, and mixed

on S & G"
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Read this.
https://www.cnbc.com/2021/05/28/bitcoin-mine-discovered-by-uk-police-on-cannabis-farm-raid-.html
 
The next run up will be in the next two weeks. Then it will sell off again before the 4th of July.

Buy now!
 
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So pretty much a steady rise. Much more controlled unless you are with Reddit buying AMC?
 
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