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Posted: 4/15/2024 9:54:36 PM EDT
Bitcoin peaked two and a half years ago at about thirty seven ounces of gold. Now worth less than twenty seven ounces.
Twenty seven percent decline in two and a half years. Bitcoin is going much lower. |
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Posted: 4/15/2024 10:02:57 PM EDT
[#1]
Don't have any of either so ok. Long as VTI & FZROX makes 7+% a year on average I don't care.
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Posted: 4/15/2024 10:03:38 PM EDT
[#2]
However what part of OH are you a well guy in OP?
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TX, USA
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Posted: 4/15/2024 10:07:17 PM EDT
[#3]
We are just one supernova millions of years ago away from getting blasted in more gold that could make it worthless.
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Posted: 4/15/2024 10:09:00 PM EDT
[#4]
I have no problem with that.
If I can't hold it in my hand, it's worthless as far as I'm concerned. |
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Posted: 4/15/2024 10:09:50 PM EDT
[#5]
lol. Someone watches Fox News and Peter Shiff. Same argument he tried to use against Natalie today before she mopped the floor with him.
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Posted: 4/15/2024 10:10:12 PM EDT
[#6]
 I expect the real bitcoin pump to start soon. |
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Posted: 4/15/2024 10:11:04 PM EDT
[Last Edit: TheWellGuy]
[#7]
Quote HistoryOriginally Posted By GlocksareGood: However what part of OH are you a well guy in OP? Keep my shop in waldo. Licensed in all 88 counties. I try to turn down work but I'm not very good at that. Saturday I traveled two hours to restore water to over a thousand people and still fit two more jobs in. Lots of hugs and kisses from customers. Don't have to work I enjoy it. My happy place is after I set the casing when water starts coming out. It's the gift that God gave me to make the world a better place. |
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Posted: 4/15/2024 10:13:01 PM EDT
[Last Edit: TheWellGuy]
[#8]
Quote HistoryOriginally Posted By sunnybean: lol. Someone watches Fox News and Peter Shiff. Same argument he tried to use against Natalie today before she mopped the floor with him. Exactly, someone mopped the floor with the other but it wasn't Natalie mopping the floor with Peter. To quote an old Nixon campaign slogan "you can't beat our dick" |
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Posted: 4/15/2024 10:16:47 PM EDT
[#9]
Never really understood the “bitcoin” thing . Seems odd people would trust money on a computer . Yeah , I’m a boomer and not ashamed to say it . I could never get anyone to explain it to me so that it made any sense .
 . 
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Posted: 4/15/2024 10:20:39 PM EDT
[#10]
Quote HistoryOriginally Posted By 4q2: Never really understood the “bitcoin” thing . Seems odd people would trust money on a computer . Yeah , I’m a boomer and not ashamed to say it . I could never get anyone to explain it to me so that it made any sense . . Bitcoin is the ultimate surveillance tool / government sponsored PSYOP |
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Posted: 4/15/2024 10:21:02 PM EDT
[#11]
Originally Posted By TheWellGuy: Bitcoin peaked two and a half years ago at about thirty seven ounces of gold. Now worth less than twenty seven ounces. Twenty seven percent decline in two and a half years. Bitcoin is going much lower. You mad you missed out? Not too late to jump in. |
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Posted: 4/15/2024 10:23:27 PM EDT
[#12]
Quote HistoryOriginally Posted By jaqufrost: I expect the real bitcoin DUMP to start soon. Fixed it for you  I always enjoyed your work with bumpstocks. Inspired me to get one. |
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Posted: 4/15/2024 10:24:31 PM EDT
[#13]
Quote HistoryOriginally Posted By JustinU235: You mad you missed out? Not too late to jump OUT. Fixed it for you 
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Posted: 4/15/2024 10:25:00 PM EDT
[#14]
Quote HistoryOriginally Posted By TheWellGuy: Exactly, someone mopped the floor with the other but it wasn't Natalie mopping the floor with Peter. To quote an old Nixon campaign slogan "you can't beat our dick" Expanded your horizons. |
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Posted: 4/15/2024 10:25:06 PM EDT
[#15]
Quote HistoryOriginally Posted By TheWellGuy: Fixed it for you |
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Posted: 4/15/2024 10:29:35 PM EDT
[#16]
Quote HistoryOriginally Posted By 4q2: Never really understood the "bitcoin" thing . Seems odd people would trust money on a computer . Yeah , I'm a boomer and not ashamed to say it . I could never get anyone to explain it to me so that it made any sense . . Bitcoin removes the untrustworthy government and bank from the equation and lets you send or receive value over long distance without knowing or trusting the ssender. It follows a planned inflation cycle that approaches zero inflation over time. Bitcoins inflation rate has been below the feds target rate for four years and in a few weeks it will be less than half the feds target rate for USD. Due to the limited nature and worldwide utility I expect BTC to continue climbing for awhile longer. I believe it's value will stabilize over time as the value increases and acceptance increases. When the last bitcoin is produced 100 years from now there will be 21 million total. If 10% of the United States wanted a 1 bitcoin savings account, they couldn't have it. When you consider it's a worldwide currency hedge, the prospective adoptive population is much larger than 10% of the US. |
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Posted: 4/15/2024 10:32:49 PM EDT
[#17]
Quote HistoryOriginally Posted By JustinU235: Yeah naw. Uranium seems ready to skyrocket in price. Watching the Biden administration and Gov. Gretchen Whitmer support the first nuclear power plant to be reopened in the U.S is entertaining to say the least. |
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Posted: 4/15/2024 10:34:50 PM EDT
[#18]
Twenty thousand cryptos, an endless supply of digits
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NT, USA
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Posted: 4/15/2024 10:37:11 PM EDT
[#19]
Divisive thing shitposting, man we're so cleaver these days!!
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GA, USA
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Posted: 4/15/2024 10:39:36 PM EDT
[#20]
Bitcoin is just getting started. So is gold.
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Posted: 4/15/2024 10:41:17 PM EDT
[#21]
Not allowed to post in the bitcoin thread because I was hurtful. It's been a month. I still hold to " A tulip by any other name is still a tulip" At least the people who invested heavily in beanie babies still have beanie babies to look at. Thats more than you'll be able to say about bitcoin in twenty years.
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Posted: 4/15/2024 10:42:38 PM EDT
[#22]
Quote HistoryOriginally Posted By TheWellGuy: Exactly, someone mopped the floor with the other but it wasn't Natalie mopping the floor with Peter. To quote an old Nixon campaign slogan "you can't beat our dick" I'm of the age to remember Pres. Nixon and I don't remember that. I do remember CREEP or Campaign to Re-Elect the President. It was right on the corner of Columbus/Kearney/Pacific (triangular block). |
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Posted: 4/15/2024 10:44:28 PM EDT
[#23]
Quote HistoryOriginally Posted By 4q2: Never really understood the “bitcoin” thing . Seems odd people would trust money on a computer . Yeah , I’m a boomer and not ashamed to say it . I could never get anyone to explain it to me so that it made any sense . . Lol do you keep paper money under your mattress or what? It's all zeros and ones. |
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Posted: 4/15/2024 10:46:19 PM EDT
[#24]
Quote HistoryOriginally Posted By TheWellGuy: Uranium seems ready to skyrocket in price. Watching the Biden administration and Gov. Gretchen Whitmer support the first nuclear power plant to be reopened in the U.S is entertaining to say the least. Quote HistoryOriginally Posted By TheWellGuy: Originally Posted By JustinU235: Yeah naw. Uranium seems ready to skyrocket in price. Watching the Biden administration and Gov. Gretchen Whitmer support the first nuclear power plant to be reopened in the U.S is entertaining to say the least. Already did. Could always go higher though. |
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Posted: 4/15/2024 10:46:35 PM EDT
[#25]
Quote HistoryOriginally Posted By TheWellGuy: Not allowed to post in the bitcoin thread because I was hurtful. It's been a month. I still hold to " A tulip by any other name is still a tulip" At least the people who invested heavily in beanie babies still have beanie babies to look at. Thats more than you'll be able to say about bitcoin in twenty years. You’ve got all the typical talking points…wrong as they are. |
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Posted: 4/15/2024 10:48:03 PM EDT
[#26]
Quote HistoryOriginally Posted By TheWellGuy: Fixed it for you I always enjoyed your work with bumpstocks. Inspired me to get one. What was your previous screen name? |
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Posted: 4/15/2024 10:55:16 PM EDT
[Last Edit: TheWellGuy]
[#27]
Found arfcom looking for real world reviews and lurked for over a decade. So much information. Lots of deals and news I enjoyed following the riots and always had a great time reading here after work. I don't know if it's the loss of old members or what this place seemed cooler before I started posting. Maybe it's me
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Posted: 4/15/2024 11:00:53 PM EDT
[#28]
Quote HistoryOriginally Posted By jaqufrost: Most people trust money in their bank held digitally. Bitcoin removes the untrustworthy government and bank from the equation and lets you send or receive value over long distance without knowing or trusting the ssender. It follows a planned inflation cycle that approaches zero inflation over time. Bitcoins inflation rate has been below the feds target rate for four years and in a few weeks it will be less than half the feds target rate for USD. Due to the limited nature and worldwide utility I expect BTC to continue climbing for awhile longer. I believe it's value will stabilize over time as the value increases and acceptance increases. When the last bitcoin is produced 100 years from now there will be 21 million total. If 10% of the United States wanted a 1 bitcoin savings account, they couldn't have it. When you consider it's a worldwide currency hedge, the prospective adoptive population is much larger than 10% of the US. Quote HistoryOriginally Posted By jaqufrost: Originally Posted By 4q2: Never really understood the "bitcoin" thing . Seems odd people would trust money on a computer . Yeah , I'm a boomer and not ashamed to say it . I could never get anyone to explain it to me so that it made any sense . . Bitcoin removes the untrustworthy government and bank from the equation and lets you send or receive value over long distance without knowing or trusting the ssender. It follows a planned inflation cycle that approaches zero inflation over time. Bitcoins inflation rate has been below the feds target rate for four years and in a few weeks it will be less than half the feds target rate for USD. Due to the limited nature and worldwide utility I expect BTC to continue climbing for awhile longer. I believe it's value will stabilize over time as the value increases and acceptance increases. When the last bitcoin is produced 100 years from now there will be 21 million total. If 10% of the United States wanted a 1 bitcoin savings account, they couldn't have it. When you consider it's a worldwide currency hedge, the prospective adoptive population is much larger than 10% of the US. Thanks for the reply , but i really don’t understand it . I don’t do very many internet purchases , and if I do it is with a cr dit card with a limit . Most of my purchases are with cash . I have a credit card for gas purchases . I still use checks for most bills .  I dont trust computer based currencies . Yeah , I’m probably uneducated on all this , but I like purchasing and banking with people I can get hands my on if they screw me out of my hard earned money .
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Posted: 4/15/2024 11:02:54 PM EDT
[#29]
Quote HistoryOriginally Posted By Obo2: Lol do you keep paper money under your mattress or what? It's all zeros and ones. Quote HistoryOriginally Posted By Obo2: Originally Posted By 4q2: Never really understood the “bitcoin” thing . Seems odd people would trust money on a computer . Yeah , I’m a boomer and not ashamed to say it . I could never get anyone to explain it to me so that it made any sense . . Lol do you keep paper money under your mattress or what? It's all zeros and ones. How did you know ? Imma keep an eye on you ! 
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USA
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Posted: 4/15/2024 11:03:10 PM EDT
[Last Edit: MidwestJ]
[#30]
 Ignore BTC at your own peril. |
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USA
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Posted: 4/15/2024 11:03:15 PM EDT
[#31]
Quote HistoryOriginally Posted By TriggerM: Bitcoin is just getting started. So is gold. This. They will both continue to go up as the dollar and Western currencies are destroyed. Bank on it. |
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USA
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Posted: 4/15/2024 11:05:34 PM EDT
[#32]
Quote HistoryOriginally Posted By jaqufrost: Most people trust money in their bank held digitally. Bitcoin removes the untrustworthy government and bank from the equation and lets you send or receive value over long distance without knowing or trusting the ssender. It follows a planned inflation cycle that approaches zero inflation over time. Bitcoins inflation rate has been below the feds target rate for four years and in a few weeks it will be less than half the feds target rate for USD. Due to the limited nature and worldwide utility I expect BTC to continue climbing for awhile longer. I believe it's value will stabilize over time as the value increases and acceptance increases. When the last bitcoin is produced 100 years from now there will be 21 million total. If 10% of the United States wanted a 1 bitcoin savings account, they couldn't have it. When you consider it's a worldwide currency hedge, the prospective adoptive population is much larger than 10% of the US. the problem with this logic is after 15 years in i still dont know anyone who has bought something with bitcoin. Nor have i heard an example of someone actually exchanging something for bitcoin. Ive heard of people buying bitcoin to get in on a rise, but im not sure theres a real use case in the end. Gold has been a medium of exchange for like 10000 years or more. Its not perfect either it has its problems but atleast it has a track record |
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Posted: 4/15/2024 11:05:39 PM EDT
[#33]
Quote HistoryOriginally Posted By TheWellGuy: Found arfcom looking for real world reviews and lurked for over a decade. So much information. Lots of deals and news I enjoyed following the riots and always had a great time reading here after work. I don't know if it's the loss of old members or what this place seemed cooler before I started posting. Maybe it's me  Attached File |
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MO, USA
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Posted: 4/15/2024 11:07:31 PM EDT
[#34]
Quote HistoryOriginally Posted By TheWellGuy: Found arfcom looking for real world reviews and lurked for over a decade. So much information. Lots of deals and news I enjoyed following the riots and always had a great time reading here after work. I don't know if it's the loss of old members or what this place seemed cooler before I started posting. Maybe it's me To be perfectly candid, this sounds like a case of "Stop liking what I don't like." And I say that as a guy who owns a modest amount of PMs and no bitcoin. |
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NT, USA
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Posted: 4/15/2024 11:09:13 PM EDT
[#35]
Quote HistoryOriginally Posted By TheWellGuy: Found arfcom looking for real world reviews and lurked for over a decade. So much information. Lots of deals and news I enjoyed following the riots and always had a great time reading here after work. I don't know if it's the loss of old members or what this place seemed cooler before I started posting. Maybe it's me |
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Posted: 4/15/2024 11:10:22 PM EDT
[#36]
Quote HistoryOriginally Posted By TheWellGuy: Found arfcom looking for real world reviews and lurked for over a decade. So much information. Lots of deals and news I enjoyed following the riots and always had a great time reading here after work. I don't know if it's the loss of old members or what this place seemed cooler before I started posting. Maybe it's me I mean, your entire thread premise is false, so yeah, it's you. |
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Posted: 4/15/2024 11:11:45 PM EDT
[#37]
lol.
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Posted: 4/15/2024 11:14:29 PM EDT
[Last Edit: Obo2]
[#38]
Quote HistoryOriginally Posted By UTCenturion: the problem with this logic is after 15 years in i still dont know anyone who has bought something with bitcoin. Nor have i heard an example of someone actually exchanging something for bitcoin. Ive heard of people buying bitcoin to get in on a rise, but im not sure theres a real use case in the end. Gold has been a medium of exchange for like 10000 years or more. Its not perfect either it has its problems but atleast it has a track record When's the last time you witnessed someone use gold as a currency? You may have witnessed someone use crypto in everyday purchases and not even known. Coinbase has a visa card you can link to your account, swipes or taps or inserts just like any other visa. I offer to accept coinbase transfers when I sell shit but nobody has really taken me up on it. Most of my buyers are boomers though. |
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Posted: 4/15/2024 11:16:41 PM EDT
[#39]
Quote HistoryOriginally Posted By UTCenturion: the problem with this logic is after 15 years in i still dont know anyone who has bought something with bitcoin. Nor have i heard an example of someone actually exchanging something for bitcoin. Ive heard of people buying bitcoin to get in on a rise, but im not sure theres a real use case in the end. Gold has been a medium of exchange for like 10000 years or more. Its not perfect either it has its problems but atleast it has a track record |
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Posted: 4/15/2024 11:17:08 PM EDT
[#40]
Quote HistoryOriginally Posted By UTCenturion: the problem with this logic is after 15 years in i still dont know anyone who has bought something with bitcoin. Nor have i heard an example of someone actually exchanging something for bitcoin. Ive heard of people buying bitcoin to get in on a rise, but im not sure theres a real use case in the end. Gold has been a medium of exchange for like 10000 years or more. Its not perfect either it has its problems but atleast it has a track record Guy I went to school with used to buy drugs with bitcoin on silkroad. I asked why would some dude in Mexico mail you pills when he has your money and he said good business. I'm a repeat customer. I think it was $1200 per transaction. Dude would be generationally wealthy but spent them all. He burned himself out. I always thought it was dumb. |
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Posted: 4/15/2024 11:17:20 PM EDT
[#41]
Quote HistoryOriginally Posted By linuxgnar: This. They will both continue to go up as the dollar and Western currencies are destroyed. Bank on it. This Right Here |
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Posted: 4/15/2024 11:20:38 PM EDT
[Last Edit: TheWellGuy]
[#42]
Quote HistoryOriginally Posted By TechOps: Shitposting other folks ideas about what is right for them financially, because perhaps they don't line up with yours, is actually pretty shitty, so I'm going with it is you. Hurt feelings don't equal shitposting. We disagree with each other. What's shitty about that? I would say encouraging people to destroy their life savings is pretty shitty... I wouldn't want to have to explain to loved ones how I stayed at a poker table till broke. |
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Posted: 4/15/2024 11:22:19 PM EDT
[#43]
Quote HistoryOriginally Posted By UTCenturion: the problem with this logic is after 15 years in i still dont know anyone who has bought something with bitcoin. Nor have i heard an example of someone actually exchanging something for bitcoin. Ive heard of people buying bitcoin to get in on a rise, but im not sure theres a real use case in the end. Gold has been a medium of exchange for like 10000 years or more. Its not perfect either it has its problems but atleast it has a track record I haven't known anyone ever that bought anything with Gold Do you often pay for things with Gold? Also rated thread troll |
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Posted: 4/15/2024 11:23:32 PM EDT
[#44]
Quote HistoryOriginally Posted By DubyaB: I haven't known anyone ever that bought anything with Gold Do you often pay for things with Gold? Also rated thread troll Good call. Done. |
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Posted: 4/15/2024 11:24:11 PM EDT
[Last Edit: TheWellGuy]
[#45]
Quote HistoryOriginally Posted By DubyaB: I haven't known anyone ever that bought anything with Gold Do you often pay for things with Gold? Also rated thread troll I would say you're trolling my thread. I'm not allowed to comment in the bitcoin thread, but here you guys are. Shitposting and trolling. |
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Posted: 4/15/2024 11:27:55 PM EDT
[#46]
Quote HistoryOriginally Posted By KELBEAST: What was your previous screen name? Quote HistoryOriginally Posted By KELBEAST: Originally Posted By TheWellGuy: Fixed it for you I always enjoyed your work with bumpstocks. Inspired me to get one. What was your previous screen name? |
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Posted: 4/15/2024 11:30:23 PM EDT
[Last Edit: Obo2]
[#47]
Quote HistoryOriginally Posted By TheWellGuy: Hurt feelings don't equal shitposting. We disagree with each other. What's shitty about that? I would say encouraging people to destroy their life savings is pretty shitty... I wouldn't want to have to explain to loved ones how I stayed at a poker table till broke. Haven't even talked to anyone who has destroyed their life savings with btc. I guess you could go all in fomo at an all time high and be underwater for a while, most folks throw in a few grand they were probably gonna blow in the first place and are pleasantly surprised later on. |
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Posted: 4/15/2024 11:30:41 PM EDT
[#48]
Quote HistoryOriginally Posted By TheWellGuy: I would say you're trolling my thread. I'm not allowed to comment in the bitcoin thread, but here you guys are. Shitposting and trolling. Whining about shitposting in a shitpost thread. We have now struck pure gold. .9999 refined. 
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Posted: 4/15/2024 11:32:13 PM EDT
[#49]
Quote HistoryOriginally Posted By TheWellGuy: I would say you're trolling my thread. I'm not allowed to comment in the bitcoin thread, but here you guys are. Shitposting and trolling. You made a gold vs btc thread it aint shitposting to compare and contrast them. |
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NT, USA
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Posted: 4/15/2024 11:32:44 PM EDT
[Last Edit: TechOps]
[#50]
Quote HistoryOriginally Posted By TheWellGuy: Hurt feelings don't equal shitposting. We disagree with each other. What's shitty about that? I would say encouraging people to destroy their life savings is pretty shitty... I wouldn't want to have to explain to loved ones how I stayed at a poker table till broke. (while possible, you're completely right) But don't actually know what the future holds. |
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