Hursty https://www.standard.co.uk/news/world/el-salvador-adopts-bitcoin-legal-tender-b939551.html Is it just me, or would you not want to fuck with the El Salvador President?
hugopal Hursty Is it just me, or would you not want to fuck with the El Salvador President? https://www.standard.co.uk/news/world/el-salvador-adopts-bitcoin-legal-tender-b939551.html Haha, erm… With a lot of people in this thread joking about “buy the dip”, it’s worth providing an update about this guy: Over the last year or so he’s spent about $100mil of El Salvado’s incredibly limited funds on Bitcoin, and his (the country’s) portfolio is now down 49%. He’s being referred to in many places now as “El Bagholder”. Someone has even created a tracker for his bitcoin investments: https://nayibtracker.com/ https://www.ft.com/content/0da21b10-bfff-4efc-9c7c-1711bdba34aa
Funky Anyone else do those quizzes on coinbase to earn free coins? Really pleased that one of the coin was Amp as its on a great run ended up buying more last night.
RichM Read an article that said hedge funds expect to hold 7% of their portfolios in crypto within 5 years.
Hursty The bull market is on track to return with a vengeance by the end of the month. 6 figure Bitcoin incoming
LT42 Hursty There was a weird glitch on my app yesterday showing the price of ADA down at 0.44, did you notice it? Lasted about 20 mins before showing 1.49 again. Thought there was some shenanigans going on. The surge next in August will be interesting, if it happens.
Hursty LT42 it was noticed across the community, weird one but sounds like a genuine software bug. Yep, it will be interesting to see how high we go.
LT42 Hursty My bank card was in my hand but I didn’t trust the situation. Would I have got them for the lower price if I had pulled the trigger?
Hursty Wally why is the bull market coming back? All to do with the Bitcoin halvening cycle and what has been observed in the previous cycles.
Hursty LT42 no it wasn’t to do with exchanges more an bug with how apps and websites display the current prices
LT42 Hursty Yeah thought so. Hoskinson did a 5 hour podcast with Lex Fridman. Gonna pile into it over the weekend with my spectacles on.
Hursty The stock to flow model is one of the charts always banded about but as you can see each bull run has ended after having breached the next horizontal, usually in a blow off top move like 2017 which everyone remembers.
Mad_Cyril What a load of fucking bollocks that SPE website is. Ive still got some magic beans left, only the really special ones mind - can grow carbon eating magic beanstalks with them and EVERYTHING.
Mad_Cyril Wally I don’t doubt it Wal. That shambles of a Domesday Clock and paper thin business plan on the cunts shitty website screams shitehawk. I wish you all the best as ever