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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Julius Wong who wrote (169922)	3/26/2021 4:39:40 PM
From: TobagoJack	Respond to of 217656

It is difficult if not impossible, and i am not going to try to position that BTC is not a bubble as gold is not a bubble. The chart says whatever it says, that it has been awesome, and sure looks like a bubble, but the biggest fastest most awesome bubble in quite some time. As to the UBS take, <<"We remain unconvinced this surge is different from previous speculative bubbles," the GWM chief investment office said in a note.>>, much comfort i take, that much doubt exist, and the presumed CIO uses hedge sentence to state the truth, that anyone not questioning the BTC rise is either brilliant, reckless, calculated, and / or idiotic. But, at the same time, BTC chart is obviously different from past bubble charts according to Willy Message 33257128 All it means we are still early, bubble or otherwise, we are early. I hope. My position size, relative to risk, is largest in Casper tokens, and / but is on the books at zero cost-basis. Power to the people.

To: Julius Wong who wrote (169922)	3/26/2021 9:57:05 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 217656

"Bitcoin's limited and highly inelastic supply exacerbates its volatility." I dunno sounds like the positive argument for gold no ? Just sayin' and how many millennials give a golden rat's ass about gold :)

To: Julius Wong who wrote (169922)	3/28/2021 5:46:06 AM
From: TobagoJack	Read Replies (1) \| Respond to of 217656

Let us see how this below story ends Perhaps the guy can hold on long enough for the BTCs to double in value and pay as the court ordered, $571M. Of course the amount ordered by the court only takes ~10,000 BTCs to settle, leaving him w/ another 10K BTCs Of the 170 folks who invested in Reynold's scheme, each on average forked over 117 BTCs, which is quite a bit in current dollars. But ... a detail ... 'they' need to find Reynold's first. OTOH, the publicity may have just put bullseyes on Reynold's back, and front, torso and head. bloomberg.com U.K. Man Must Pay $571 Million Over Stolen Bitcoin, CFTC Says Matt Robinson 27 March 2021, 06:25 GMT+8 A U.K. man accused of scamming consumers into sending him more than 20,000 Bitcoin has been ordered to pay $571 million in penalties. But collecting the money could be tough because U.S. authorities don’t seem to know where the alleged fraudster, Benjamin Reynolds, is. The Commodity Futures Trading Commission announced the sanctions in a Friday statement, saying a March 2 order issued by a federal court in Manhattan required Reynolds to pay a $429 million fine and almost $143 million in restitution. Reynolds, purportedly from Manchester, England, solicited the Bitcoin from consumers between May 2017 and October 2017, telling them that he would trade the tokens in virtual currency markets to increase profits, the CFTC said. In reality, he made no trades on behalf of clients and made them no money, according to the regulator. The Bitcoin he obtained was worth $143 million at the time and the alleged scam ripped off almost 170 customers who resided in the U.S., the CFTC said. The order issued earlier this month by the Southern District of New York said Reynolds “failed to appear or answer” the CFTC’s complaint after the agency sued him in January 2019. In its statement, the CFTC cautioned victims that restitution orders might not result in the recovery of assets because wrongdoers may have insufficient funds to pay. Before it's here, it's on the Bloomberg Terminal. LEARN MORE