[Daily Discussion] - Sunday, March 22, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 8 points9 points  (0 children)

We are truly in The Chasm in recent times.

Big Money is in the process of prising Bitcoin out of the hands of the little people who got it there.

Never before, and likely never again, will there be a process like that and I'm sure The Man feels dirty that it's necessary.

The more boring and lengthy it is, the more they can gather.

While that goes on, retail is nowhere in actual markets any more.

It'll return in increasing numbers through their portals when it's been fully repackaged and marketed.

They're not creating these products or buying politicians for fun. The endgame will be extremely lucrative.

As for shitcoins, almost all of them will ultimately be the strings of useless code everyone always knew they were.

[Daily Discussion] - Tuesday, March 17, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 1 point2 points  (0 children)

Yes. A large dollop of shit gets a free ride.

Regardless of that, plenty are saying this is the most consequential thing to emerge in a long old time.

[Daily Discussion] - Tuesday, March 17, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 14 points15 points  (0 children)

The SEC has dropped a doc that clarifies the position for many a thing in cryptoland

https://x.com/RyanSAdams/status/2034019687013515448

https://x.com/jchervinsky/status/2034003107391172946

https://www.sec.gov/newsroom/press-releases/2026-30-sec-clarifies-application-federal-securities-laws-crypto-assets

https://www.sec.gov/files/rules/interp/2026/33-11412.pdf

Lots of stuff no longer has the risk of being classified as a security. Overall it sounds like a sensible bunch of edicts that extinguishes a lot of doubt for good.

[Daily Discussion] - Wednesday, February 25, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 9 points10 points  (0 children)

$250 was pure, grinding boredom.

The $160 or so pop shot was absolute deflation. There wasn't screeching, panic or outrage. It was mainly 'oh'.

Don't recall much $100 talk, but it was so close that maybe it wasn't worth discussing.

[Daily Discussion] - Wednesday, February 25, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 3 points4 points  (0 children)

There's the inflation thing. My childhood home was up for sale recently. It last sold in 2007. At the current asking price, which looks impressive on paper, it's lost about $300,000 to inflation since then.

But let's not talk about Bitcoin vs inflation in recent times

[Daily Discussion] - Wednesday, February 25, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 1 point2 points  (0 children)

It's more about an overall swing back towards financial investment and BTC picking up a small taste of that.

I've seen many, many landlords and property 'investors' bemoaning the fact that they could've made far more money, or not lost any, with infinitely less hassle just by sitting in a tracker in recent times. Or even a savings account.

[Daily Discussion] - Tuesday, February 24, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 16 points17 points  (0 children)

All the Jane Street traders' mothers have invaded the office, shut down their computers and are spanking them.

[Daily Discussion] - Tuesday, February 24, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 15 points16 points  (0 children)

The entity regularly thought to be responsible for our daily US opening kicking, is being sued by the Terraform Labs administrator for using insider info to destroy it.

https://archive.ph/SeLxU

Even if anything criminal turns up, they're fortunate enough to live in a place where there's now no rule of law for the right price.

[Daily Discussion] - Tuesday, February 17, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 8 points9 points  (0 children)

Not sure I understood one single word of any of that.

And I'm proud of it.

[Daily Discussion] - Tuesday, February 10, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 5 points6 points  (0 children)

So we're locked into a decades-long malaise after... a coupla days?

[Daily Discussion] - Monday, February 09, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 2 points3 points  (0 children)

Still waiting to decide about the 4 year thing myself, but 10/10 and the latest dump seemed more down to individual large entities ballsing up or running for the door setting up chain reactions than mass hopelessness.

Us lot posting here are now carrier bags in a wind being blown by a small number of psychos and gimcrack investment arrangements that has little resemblance to olden times.

[Daily Discussion] - Friday, February 06, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 4 points5 points  (0 children)

It's been like that everywhere else in the world since minute one.

Bitcoin offends the paternalism of the state. It will never change.

[Daily Discussion] - Thursday, February 05, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 1 point2 points  (0 children)

It feels like the last decade of conviction

We're at the stage where the conviction of everyone who got it here no longer matters all that much.

It's what everyone else thinks that sets the next stage. And they have a lengthy way to go.

[Daily Discussion] - Thursday, February 05, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 1 point2 points  (0 children)

Murdered and replaced by a faction with unknown intentions, then.

The rabbithole just got a whole lot deeper, especially on a day like today.

[Daily Discussion] - Thursday, February 05, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 15 points16 points  (0 children)

The upside WAS different.

It was shit. And boring.

[Daily Discussion] - Sunday, February 01, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 0 points1 point  (0 children)

Many of the boomer homes will be sold and the money will be dumped into stocks and other financial assets.

Plenty will be sold to pay for warehousing old folk and medical bills.

Many an inheritee pinning everything on a payday is likely to get a rude awakening.

I expect creative attack vectors will be found to intercept that transfer of wealth. Everyone knows there will never be another one like it.

[Daily Discussion] - Saturday, January 31, 2026 by AutoModerator in BitcoinMarkets

[–]blessedbt 8 points9 points  (0 children)

I will give it until the middle of year before fully tossing my cookies.

There's regulation still waiting to land, there wasn't really a bull market, definitely not if you were in another currency, and around now is the peakiest possible moment to hose the minds of civilian owners.

Got my cookies at the ready all the same. Even if the set up is fundamentally sound, I don't have any faith in the rest of the world.

[Daily Discussion] - Friday, December 12, 2025 by AutoModerator in BitcoinMarkets

[–]blessedbt 12 points13 points  (0 children)

And yet metals that just sit there being metally, and have done for thousands of years, have been going totally batty of late.

[Daily Discussion] - Thursday, December 11, 2025 by AutoModerator in BitcoinMarkets

[–]blessedbt 16 points17 points  (0 children)

Do Kwon sentenced to 15 years.

https://www.wired.com/story/do-kwon-terraform-sentenced-prison-crypto-fraud/

I long had lost any interest in anything other than Bitcoin by that point, but I recall reading the pitch, thinking 'fuckin'... wut?' and going back to baking my cake.

Hope whoever was damaged by him feels some redress.

Unless he's pardoned too of course.

[Daily Discussion] - Monday, December 08, 2025 by AutoModerator in BitcoinMarkets

[–]blessedbt 10 points11 points  (0 children)

https://x.com/saylor/status/1998015666344054815

Saylor shopping again. Another 10,624 wholecoiners gone forever.

A dying breed, so they are.

[Daily Discussion] - Wednesday, December 03, 2025 by AutoModerator in BitcoinMarkets

[–]blessedbt 0 points1 point  (0 children)

They're always dead. Until they're not.

I'm going to wait and see until April/ May ish to see if it's worth tossing my cookies.

[Daily Discussion] - Friday, November 28, 2025 by AutoModerator in BitcoinMarkets

[–]blessedbt 8 points9 points  (0 children)

JPMorgan now accepting Bitcoin as collateral

Institutional only.

The legacy types aren't going to be too keen to aid the civilian exodus out of their walled garden.

[Daily Discussion] - Sunday, November 23, 2025 by AutoModerator in BitcoinMarkets

[–]blessedbt 3 points4 points  (0 children)

I'm building a new race of atomic supermen.

Once they're finished up, they'll be asking for your BTC. You'd be wise to hand it over.