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What's the verdict from those who have played it: More fun than vanilla EQ Less fun than vanilla EQ About the same

I check in on this thread every once in a while to see how the game is progressing. Just scanning the last few pages it seems like: - Game is currently in closed alpha - Feels pretty similar to vanilla EQ - Looks pretty cool (I can see that for myself) - Some complaints about tedious gameplay...

A better question is if you can buy/sell BTC through your broker for *free* like you can with stock trades, is there a point to Coinbase? I guess I'll answer my own question and say Coinbase and the other crypto platforms will still probably be the only place you can buy/sell degen coins...

Who knows where they come up with this stat but probably just reverse-engineered payment-plan selection data.

Paid my own way through college and I didn't live at home, so even though I worked the whole time, I came out of college with 10k on a cc. First year out of school I began to understand the debt trap, as I was paying a couple hundred a month on the card and still not making a dent bc of the...

Kind of a silly stat. It's just another way of saying 95% of people who bought stuff on BF used a card instead of cash- which sounds about right for 2025. Especially when so many purchases are made online. Can't exactly pay with cash online. Even the 67% is probably misleading. If you are...

You know you're behind the curve when Vanguard figures out Bitcoin has fundamentals before you do.

Had the first part right. Missed the part where we stubbornly hold onto our bag at -50% and then somehow end up back up at +40%.

Goddammit @Flobee, why didn't you include a Teaxn footnote in your post? You should seriously stop letting this dude troll you.

if Shor’s algorithm ever becomes practically dangerous, your bank account (as it is now) would be toast long before your Bitcoin wallet is. The biggest realistic danger for BTC is actually Satoshi’s wallets. His wallets are basically the world's biggest quantum honeypots Edit: gotta point...

Q-Day: Imminent doomsday scenario? Hardly. Looming issue that needs addressing right now? Definitely.

https://www.tomshardware.com/tech-industry/cryptomining/homeland-security-thinks-chinese-firms-bitcoin-mining-chips-could-be-used-for-espionage-or-to-sabotage-the-power-grid-bitmain-probed-by-u-s-govt-over-national-security-concerns?utm_source=chatgpt.com

Any bets?

I tend to be cynical, so I admit it could just be that, but I think Cramer was once a pretty good analyst who has now become just part of the scam that represents what the modern financial-entertainment complex has turned into.

I saw the quantum FUD and got concerned, so I did some research on this. This issue isn't so much "quantum computing" broadly, it's Shor's Algorithm, a quantum algorithm that can factor large numbers and compute discrete logarithms exponentially faster than classical computers. In theory, a...

I'll see your Cramer and raise you my Cramer:

I’ve said this before, but it bears repeating because it’s the single most important point here: Bitcoin has been the best store of value of the modern era. That’s not an opinion. That’s math. You can argue “intrinsic vs. intangible,” or debate philosophy all fucking day long- be my guest...

This is correct. According to the World Gold Council: “Around 10% of gold demand comes from industrial and technology uses (in industries including electronics, dentistry, aerospace and others).” The rest is derived from the same things that make BTC valuable: global consensus it is a store of...

Fair enough- we might have a disagreement on the definition. Or maybe I'm defining it broadly and you're defining it more narrowly. What do you mean when you say fundamentals?

Actually, you started by saying it doesn't have fundamentals, and as the argument progressed you've now settled on that it doesn't have "tangible" value (which I don't at all disagree with, but which functionally means very little).

If the UK could actually censor Bitcoin, they wouldn’t need to cap holdings, they’d just shut it down. Limits are a policy choice; censorship resistance is a property of the network.

That's an easy one: scarcity (programmed supply cap); security budget & immutable ledger; liquidity & global market depth; network affects; portability; censorship resistance etc

You’re actually making my point for me. When you break value into tangible and intangible, Bitcoin clearly falls into the intangible category, right alongside brand equity, IP, patents, network effects, software, and yes, even the premium investors pay over Apple’s book value. Most of modern...

Like Balchunas said, big BTC drawdowns tend to bring BTC haters out of the woodwork 🤷‍♂️ This is personally my 3rd time seeing, it, but I think this happened at least 5 times since 2011. You get a big drop and the naysayers come rushing out to write the obituary. Then, like clockwork, the...

All assets contain subjective value, but they differ in the structure beneath that subjectivity. Apple’s value is anchored in cash flows. Bitcoin’s is anchored in monetary properties. Picasso’s is anchored in cultural demand. Subjective pricing doesn’t make them equivalent, it just makes them...

Flobee already posted a good explanation, but I'd just add that BTC behaves more like a monetary asset than an operating business, so its fundamentals live in economics, not corporate financial metrics. Art is subjective; Bitcoin has measurable on-chain and macro drivers.

Balchunas is one of the more level-headed analysts out there. And no one is going to mistake him for a crypto bro. Here's my personal take on it: BTC isn’t falling because the fundamentals broke, it’s falling because leverage is unwinding across the entire risk complex. Once the forced...

Hey man, facts are facts, no matter who speaks them.

If it makes you feel better, it's not just the US. It's a global problem. I'll spare everyone the nothingstopsthistrain.jpeg, but here you have it.

Taking this opportunity to do housekeeping on some financial stuff, including crypto. Went back through my files and found a "crypto strategy" note I had written for myself in Nov. 2023, shortly after buying some BTC. Hilarious. For the record, the only things I ended up buying were BTC and...

uh oh

They are out of levers. That's the whole point of the "nothing stops this train" meme. It's a runaway train without brakes. This has been the economy for a while now:

From what I gather, his risk exposure to bitcoin and external financing via convertible debt/preferred stock is pretty much at or near its most aggressive level ever. I'm assuming that's what you mean. But I think he's previously been in a more precarious position in some ways- (e.g., 2022...

Tbf, people have been trying to force Saylor to sell BTC for years without result. Certainly not saying it can't happen, but he's faced bigger draw downs than this multiple times before and come out on the other side intact.

Personally I'm thinking of this less as an overall crash and more of a global reset. We've been trading on numbers that have been largely detached from reality for a while now. I think what we are starting to see is part of a big adjustment that will (ultimately) bring things closer to...

Always liked how as soon as her tits come out his brain basically just turns off and he wanders over and grabs one out of pure instinct. No particular plan or purpose. Just sees an amazing pair of tits and must grab. Doesn't matter that he's already grabbed them 100x before. Extremely realistic

I'm not sure anyone here thought btc was immune to manipulation tbh. In an open market, pretty much anything is subject to manipulation.

This chart is wild. Something very unusual happening.