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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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Bitcoin ETF's. Thoughts?

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  • edited December 12
    I’m buying tulips.
  • hank said:

    I’m buying tulips.

    BigBulb, a new coin..

  • I accidentally snorted out whisky at reading half of these ... I was only trying to find the quote that no one has yet devised, concocted, imagined, or plausibly advocated a use case

    https://www.cryptoaltruism.org/blog/15-quotes-about-the-potential-of-blockchain-and-crypto

    efficiency! math!

    andreesen sounds like he is talking about full-faith / -credit currency

    Unbelievable set of quotes (are they real?) Well, all I can say is:
    Song: Happy Days Are Here Again
    Lyrics: Jack Yellen(1) (4) (5)

    Music: Milton Ager(2) (4) (5)
    Year: 1929(3) (5)
    Genre: Popular
    Country: USA


    Happy days are here again!
    The skies above are clear again,
    Let us sing a song of cheer again,
    Happy days are here again!

    Altogether shout it now,
    There's no one who can doubt it now,
    Let us tell the world about it now,
    Happy days are here again!

    Your cares and troubles are gone
    There'll be no more from now on!
    This song was originally posted on protestsonglyrics.net
    Happy days are here again!
    The skies above are clear again
    Let us sing a song of cheer again
    Happy days are here again!

    So long sad times, go long bad times,
    We are rid of you at last;
    Howdy gay times, cloudy gray times
    You are now a thing of the past.

    Happy days are here again!
    The skies above are clear again
    Let us sing a song of cheer again
    Happy days are here again!
    This song was originally posted on protestsonglyrics.net
    Your cares and troubles are gone
    There'll be no more from now on!

    Happy days are here again!
    The skies above are clear again
    Let us sing a song of cheer again
    Happy days are here again!

    Happy Days are Here Again Lyrics
  • edited December 13
    Soon maybe the Bored Ape NFT's will be back. Sold for millions now worth 50-70k if you can even figure it out. A 90% decline since mid 2022 from what I can find. OUCH!! I'll waste spend my money on cars, women and beer.
  • edited December 14
    While I was reading about the Comptroller of the Currency last night I was reminded of the history of wildcat banking. I was then reminded of bitcoin.

    Thanks to @PRESSmUP, bitcoin, and its imitators, will forever be Tulip coins.
  • edited December 14
    Not a recommendation but when billionaires on both side of the isle hold Bitcoin, what do we think are the chances Bitcoin will wilt like Tulips?

    Legally making money does not forgive mental frictions. I would not mix moral indignation and legally making money. With all the proven data about harmful nature of TikTok, no one has given up making money off of it.

    I used to invest based on my moral beliefs and thus avoided buying Tobacco stocks, Facebook stock (I still do not have an account there), bitcoin, etc. Then one day it donned me that my moral stance on these is no different from my indignation about high valuation stocks and all those served only to give me an identity (setting me apart from those that buy them), the biggest of all the mental frictions. Now, I own Meta stock, BTC, and ETHE. So, my recommendation is be responsible to yourself and your family (incl do not do anything illegal and avoid anything that creates mental frictions, I.e., strive to be effortless).
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