Stock market
- Thread starter High kev
- Start date
Punisher84
Just some asshole
30% was around what it pulled back in February when covid hit. Could happen again for sure
Have you guys seen this? Poor son of a bitch!
www.nytimes.com
Lost Passwords Lock Millionaires Out of Their Bitcoin Fortunes (Published 2021)
Bitcoin owners are getting rich because the cryptocurrency has soared. But what happens when you can’t tap that wealth because you forgot the password to your digital wallet?
Tesla has been tearing it up to. Anything Elon musk mentions turns into money. He mentioned dogecoin. And I was sold
Aren't they being investigated for that? I think Coinbase has halted all trading of their crypto until the investigation is done.
Yes they are. My buddy says he’s basically printing money to himself. I can’t explain it right but somehow he’s flipping tether into bitcoin over and over. This crypto details are over my head but he says it’s driving the market up by doing so. I read an article and he was 1/2 the reason that bitcoin originally went up to 20000 a few years ago
Now1more
Super Active Member
@High kev I know you think along the same lines as myself and maybe this one should be a PM. I'll fill you in more about cryptocurrency. For the rest of you... I would suggest cashing out before the 19th or 20th. If cryptocurrency is still standing without a major downturn, reinvest after March. Just my 2 cents, but then again, wth do I know?
Ya no third party ever fully audited them and crazy stuff that’s all above my head. They somehow always stay at $1. And they don’t know where the money is coming from supposedly loans cash idk
Punisher84
Just some asshole
Believe there is 140 billion in btc that’s idle/lost/missing.
Have you guys seen this? Poor son of a bitch!
Lost Passwords Lock Millionaires Out of Their Bitcoin Fortunes (Published 2021)
Bitcoin owners are getting rich because the cryptocurrency has soared. But what happens when you can’t tap that wealth because you forgot the password to your digital wallet?
They mention the numbers in the article but, yes, there’s a huge amount of cash in BTC that people have been locked out of due to lost passwords and damaged hardware. One guy lost something like $25,000,000 when his business partner formatted a laptop he has his wallet on.
Punisher84
Just some asshole
How stupid. That much money should be more secured. Shit I get pissed when I lose $100 on a trade. Couldn’t imagine that. Actually the $100 losses are becoming less frequent and they matter much less.
This is why I would never use a hardware wallet. You are basically depending on a single electronic device to secure your money. People use them, because exchanges have lost keys and have lost BTC in the past, but I still think keeping your BTC in an exchange is less risky than in a single hardware device that can be stolen, accidentally thrown out, or destroyed.
Punisher84
Just some asshole
I know nothing about btc and really have no interest in trading it or doing a buy and hold. Making plenty of money trading options. If you’re following btc, btc goes up PYPL, SQ, RIOT, MARA tickers all seem to follow it. Probably others as well.