The StoNks thread

[Knuckle]

Originally Posted by GMT6 [You must be logged in to view images. Log in or Register.]

Bitcoin isnt real and they have no value at all, we are very close to the treasury basically making them illegal.

I am not against crypto but a real company needs to launch one for it to be viable.

This week will be hundreds of entry points for investments as many of these hedge fund losers have to dump stocks to pay off their shorted positions

The market will bomb over the next 2 weeks, if you have money get it ready. If you find a stock that took a big hit post it here.

they are calling monday MOONDAY and all the apes are still holding, Most of the children still believe these brokers will pay their gamestop positions when they sell and im sure some will get the money, but i read multiple people had their stock positions closed at much lower values because the firms didnt have the money to pay.

Remember, when you agree to a disclaimer at fidelity, TDAmeritrade, or whatever you are using, theres all kinds of fine print that dont guarantee anything.

Bitcoin is the pioneer of a new digital currency, deregulation is no longer a dream, big money and government got involved, so now even if you cant track the paper trail, the govt does track your deposit/withdrawal from the exchange.

That being said, I think it's really hard to say bitcoin doesnt have value, every currency that is not a good has value as long as there is trust in its value. Currently the bitcoin is signficantly more valuable than the dollar, it is a finite resource that the govt can't print on demand, and is fairly powerfully protected as far as the currency itself, maybe not the exchanges people hold it on though, and there is the crux.

I think that, i really hurt myself, off of shortterm and longterm profit, by not continuing to hold BTC, its value can only go up as it will become more scarce as people lose BTC on old harddrives and/or die with it encrypted, so almost like a commodity..

It's hard to look that far ahead when crypto is still so volatile, but people are INCREASINGLY plugged into digital landscapes, perhaps COVID accelerated the easy acceptance of secure digital currency, but the irony is it is treated like gold/silver and if the stockmarket/economy starts to go belly up, it currently inflates itself as people 'panic buy' to diversify their assets.