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Saltzy · 28 December 2020, 03:58 PM

I'm sold.

Was convinced to buy GBTC a few months ago and all its done is make me money.

I'm gonna place a big buy tomorrow.

Let's freaking go boys.

norm12 · 29 December 2020, 01:34 AM

Bitcoin is more of a gamble to me.

porschejeff · 30 December 2020, 01:53 PM

May 2019 OP posted bitcoin was $8100, Dec 2020 bitcoin is around $27k. Better to compare with a 116500 than the BLNR..
Personally I don't understand bitcoin so I will stick to a Rolex that I can wear and enjoy and watch my FANG stocks appreciate..

Mifune · 30 December 2020, 01:59 PM

you don't need to be able to engineer and build an airplane to take a flight... Bitcoin is a immutable and deflationary asset that is a store of value for millions, and millionaires... what more do you need to know?

gnuyork · 30 December 2020, 11:03 PM

I can remember when I first really heard about bitcoin it was $70, and then I was like, I don't know about this... and did not invest...

Talk about kicking myself. Seriously.

BroncoOne · 30 December 2020, 11:13 PM

If any sort of wealth tax passes anywhere what it will do to Bitcoin will not be pretty.

Plus, the people that pass these taxes are also indirectly in control of Fiat currency. These greedy enemies are not good to have.

supernova · 30 December 2020, 11:13 PM

Quote:

Originally Posted by gnuyork

I can remember when I first really heard about bitcoin it was $70, and then I was like, I don't know about this... and did not invest...

Talk about kicking myself. Seriously.

I heard of Bitcoins at $30 when an old manager was raving about them to me, what a visionary! Not sure did he get any.

Tbh if you were an early investor in a lot of companies (eg Apple, Tesla, Amazon etc), you’d have similar returns now.

Sent from my iPad using Tapatalk

daveathall · 31 December 2020, 12:28 AM

I find it difficult telling the time on a Bitcoin and it looks too big for my wrist.

stockae92 · 31 December 2020, 06:38 AM

Bitcoin

Cause there is no way I am going to pay $16k for a BLNR. :)

gnuyork · 31 December 2020, 09:27 AM

Quote:

Originally Posted by supernova

Tbh if you were an early investor in a lot of companies (eg Apple, Tesla, Amazon etc), you’d have similar returns now.

Sent from my iPad using Tapatalk

Really? Unless I am missing something, I don't think so. Bit coin is over $28,000.

77T · 31 December 2020, 10:02 AM

Neither the watch nor ₿ are investments, but ₿ has gained 8.9 Million % in past 10 years...

So I guess the ₿ buyer is by far richer now.

Sent from my iPhone using Tapatalk Pro

M75APC · 31 December 2020, 01:26 PM

Quote:

Originally Posted by EEpro

I finally out of sheer FOMO dropped some money in the Bitcoin etf (tax advantaged account). You can bet it's due to flop any day now. Sorry about that.

LMAO.. you just HAD to go and queer the deal for everyone else huh?

M75APC · 31 December 2020, 01:27 PM

Bitcoin = true revenge of the nerds...

Doc Savage · 2 January 2021, 01:39 AM

I bought several watches with Bitcoin profit a few years ago. I know I missed a lot of the run-up this year, but I'm thinking of jumping back in.

RBradleigh · 3 January 2021, 12:29 AM

Etschell · 3 January 2021, 12:33 AM

Quote:

Originally Posted by RBradleigh

people who bought at the 2017 peak would still be up over 50% 3 years later. perspective is quite an interesting thing.

interestedwatcher · 3 January 2021, 12:59 AM

31.4 k USD, I'm almost considering selling.

EEpro · 3 January 2021, 01:19 AM

Hodl

Cousteau390 · 3 January 2021, 01:45 AM

It’s better to say, “I don’t understand Bitcoin” rather than to say it is a gamble. Bitcoin or blnr depends on MANY factors which are very specific to you and your allocation of your own net worth.

TC94 · 3 January 2021, 05:05 AM

Quote:

Originally Posted by Saltzy

I'm sold.

Was convinced to buy GBTC a few months ago and all its done is make me money.

I'm gonna place a big buy tomorrow.

Let's freaking go boys.

If BTC keeps this pace over the weekend, Monday’s GBTC opening price will pop.

Saltzy · 3 January 2021, 05:07 AM

Quote:

Originally Posted by TC94

If BTC keeps this pace over the weekend, Monday’s GBTC opening price will pop.

$34k!

The horses are out of the barn!

LET'S FREAKING GOOOOO BOYS!!!

Goin2drt · 3 January 2021, 05:09 AM

121 shares of Apple.

TC94 · 3 January 2021, 05:10 AM

Quote:

Originally Posted by Saltzy

$34k!

The horses are out of the barn!

LET'S FREAKING GOOOOO BOYS!!!

And LOL at the prior cryptocurrency thread being closed.

Saltzy · 3 January 2021, 05:15 AM

Quote:

Originally Posted by TC94

And LOL at the prior cryptocurrency thread being closed.

I'm gonna make a months salary tomorrow when the opening bell is rang.

What has 2 thumbs and doesn't give a flying crap what old school tradionalists think about crypto?

Dis guy.

We are coming for all the Boomer's wealth out there that was all made while destroying the planet and running everything into the ground baby!

LET'S GO!!!!

Saltzy · 3 January 2021, 05:37 AM

Dear Jerome Powell,

Please continue diluting the USD into oblivion by leaving the printers on 24/7/365. Maybe even consider buying a few more printers and really upping the output. I am fully in favor of this approach and think it is fully sustainable over the long haul.

P.S. Nice Submariner.

-Saltzy

TC94 · 3 January 2021, 05:45 AM

Word to the wise from someone who has invested for decades: diversify.

I enjoyed the thread title, but it’s never an either/or move.

It’s always about allocations and adjustments over long periods.

Zack21 · 3 January 2021, 05:50 AM

Quote:

Originally Posted by Saltzy

I'm gonna make a months salary tomorrow when the opening bell is rang.

What has 2 thumbs and doesn't give a flying crap what old school tradionalists think about crypto?

Dis guy.

We are coming for all the Boomer's wealth out there that was all made while destroying the planet and running everything into the ground baby!

LET'S GO!!!!

I assume you are aware of how much energy consumption is used in Bitcoin mining.

Bitcoin's energy consumption 'equals that of Switzerland'

https://www.bbc.com/news/technology-...ts%20at%20once.

Zack21 · 3 January 2021, 05:54 AM

Quote:

Originally Posted by TC94

Word to the wise from someone who has invested for decades: diversify.

I enjoyed the thread title, but it’s never an either/or move.

It’s always about allocations and adjustments over long periods.

Wholeheartedly agree with the need to diversify.

Saltzy · 3 January 2021, 05:58 AM

Quote:

Originally Posted by Zack21

Wholeheartedly agree with the need to diversify.

I have friends that are clearing out their savings and cashing out of their 401k's to go all in on BTC.

They either want yacht money or living in a cardboard box on the street money. All or nothing.

I am no where near that level of commitment.

I am at 'Holy crap, I think I can afford a freaking Ferrari' level of commitment.

TC94 · 3 January 2021, 06:35 AM

Quote:

Originally Posted by Saltzy

I have friends that are clearing out their savings and cashing out of their 401k's to go all in on BTC.

They either want yacht money or living in a cardboard box on the street money. All or nothing.
.

All or nothing thinking is counterproductive to successful long term investing. All or nothing is gambling.

Pick a % to allocate to safe investments and a smaller % (maybe much smaller) to riskier asset classes.

When one significantly outperforms, adjust to take the gains. I used to do this annually and only in small changes. Bitcoin requires quicker moves.

View Poll Results: BLNR or Bitcoin?
BLNR	162	54.73%
Bitcoin	134	45.27%
Voters: 296. You may not vote on this poll

30 December 2020, 01:53 PM	#63
porschejeff "TRF" Member Join Date: Oct 2012 Real Name: Jeff Location: Michigan Watch: DD 228238 Posts: 2,456	May 2019 OP posted bitcoin was $8100, Dec 2020 bitcoin is around $27k. Better to compare with a 116500 than the BLNR.. Personally I don't understand bitcoin so I will stick to a Rolex that I can wear and enjoy and watch my FANG stocks appreciate.. __________________ Rolex DD 228238 Daytona 116515 (sold) AP 15710 Rolex 116710 BLNR And a few others...

31 December 2020, 12:28 AM	#68
daveathall "TRF" Member Join Date: Dec 2007 Real Name: Dave Location: England. Watch: Various Posts: 7,305	I find it difficult telling the time on a Bitcoin and it looks too big for my wrist. __________________ KINDEST REGARDS DAVE

31 December 2020, 06:38 AM	#69
stockae92 "TRF" Member Join Date: Oct 2009 Location: Socal Posts: 4,879	Bitcoin Cause there is no way I am going to pay $16k for a BLNR. :) __________________ 135 ├┼┼╕ 246 R

31 December 2020, 10:02 AM	#71
77T 2024 ROLEX DATEJUST41 Pledge Member Join Date: Dec 2010 Real Name: PaulG Location: Georgia Posts: 40,695	Neither the watch nor ₿ are investments, but ₿ has gained 8.9 Million % in past 10 years... So I guess the ₿ buyer is by far richer now. Sent from my iPhone using Tapatalk Pro __________________ Does anyone really know what time it is?

28 December 2020, 03:58 PM	#61
Saltzy "TRF" Member Join Date: Sep 2019 Location: USA Posts: 157	I'm sold. Was convinced to buy GBTC a few months ago and all its done is make me money. I'm gonna place a big buy tomorrow. Let's freaking go boys.

29 December 2020, 01:34 AM	#62
norm12 Banned Join Date: Dec 2020 Location: usa Posts: 49	Bitcoin is more of a gamble to me.

30 December 2020, 01:59 PM	#64
Mifune Banned Join Date: Apr 2020 Location: here AND there... Posts: 2,240	you don't need to be able to engineer and build an airplane to take a flight... Bitcoin is a immutable and deflationary asset that is a store of value for millions, and millionaires... what more do you need to know?

30 December 2020, 11:03 PM	#65
gnuyork "TRF" Member Join Date: Dec 2011 Location: Marietta, GA Posts: 3,247	I can remember when I first really heard about bitcoin it was $70, and then I was like, I don't know about this... and did not invest... Talk about kicking myself. Seriously.

30 December 2020, 11:13 PM	#66
BroncoOne "TRF" Member Join Date: Dec 2019 Location: Boston Posts: 1,206	If any sort of wealth tax passes anywhere what it will do to Bitcoin will not be pretty. Plus, the people that pass these taxes are also indirectly in control of Fiat currency. These greedy enemies are not good to have.

31 December 2020, 01:27 PM	#73
M75APC "TRF" Member Join Date: Dec 2020 Location: So. California Posts: 8	Bitcoin = true revenge of the nerds...

2 January 2021, 01:39 AM	#74
Doc Savage 2024 ROLEX DATEJUST41 X2 Pledge Member Join Date: Sep 2018 Real Name: Bill Location: Indiana Watch: Explorer 214270 Posts: 6,644	I bought several watches with Bitcoin profit a few years ago. I know I missed a lot of the run-up this year, but I'm thinking of jumping back in. __________________ “The real problem of humanity is we have Paleolithic emotions, medieval institutions, and godlike technology.” -Edward O. Wilson

3 January 2021, 12:29 AM	#75
RBradleigh "TRF" Member Join Date: Apr 2018 Real Name: Russell Location: Moses Lake Watch: 216570 Polar Posts: 282	__________________ Polar 216570 ElPrimero O’69 Nomos Tangente Hamilton Khaki Sub 114060

3 January 2021, 12:59 AM	#77
interestedwatcher 2024 Pledge Member Join Date: May 2019 Location: Perth Posts: 973	31.4 k USD, I'm almost considering selling. __________________ 2 FA Enabled

3 January 2021, 01:19 AM	#78
EEpro 2024 Pledge Member Join Date: Apr 2019 Real Name: Brad Location: Purdue Watch: Daytona Posts: 9,084	Hodl __________________ ♛ ✠ Ω 2FA Active

3 January 2021, 01:45 AM	#79
Cousteau390 "TRF" Member Join Date: Sep 2020 Location: USA Watch: 126000 Silver dial Posts: 94	It’s better to say, “I don’t understand Bitcoin” rather than to say it is a gamble. Bitcoin or blnr depends on MANY factors which are very specific to you and your allocation of your own net worth.

3 January 2021, 05:09 AM	#82
Goin2drt Banned Join Date: Aug 2014 Location: Kentucky Posts: 2,307	121 shares of Apple.

3 January 2021, 05:37 AM	#85
Saltzy "TRF" Member Join Date: Sep 2019 Location: USA Posts: 157	Dear Jerome Powell, Please continue diluting the USD into oblivion by leaving the printers on 24/7/365. Maybe even consider buying a few more printers and really upping the output. I am fully in favor of this approach and think it is fully sustainable over the long haul. P.S. Nice Submariner. -Saltzy

3 January 2021, 05:45 AM	#86
TC94 "TRF" Member Join Date: Mar 2017 Real Name: Varies Location: On a couch Watch: Me Posts: 367	Word to the wise from someone who has invested for decades: diversify. I enjoyed the thread title, but it’s never an either/or move. It’s always about allocations and adjustments over long periods.

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