Bitcoin

[UncleMark]

@mcmurtry66 tell your Texan buddy snarlcakes might be moving to Texas if the Indiana legislature doesn't get it's sh#t together. The first mover states will be able to at the very least lower taxes, if not end some of them. Assuming they accumulate a large of enough Bitcoin reserve. Imagine all the talent the state will then be able to attract.

I think they should invest in tulips.

 

[outside shooter]

I think they should invest in tulips.

I just KNOW that my beanie babies are gonna pay off, soon.

 

[Mas-sa-suta]

I cant wrap my head around bitcoin. As near as I can tell, it isn’t much different from using baseball cards as money, except cards have some intrinsic value. Bitcoin doesn’t.

Would you buy a bond or other debt instrument payable only with bitcoin?

Warren Buffet agrees...

 

[NPT]

If a person had invested in Apple in 1990 they would have done okay.

So, if you had invested $100 in Apple in 1990, your investment would be worth approximately $17,823,185.04 today, assuming you reinvested all dividends and held onto the shares through all splits.

 

[dbmhoosier]

Enjoy the boom fellas.

 

[snarlcakes]

Happy New Year! It’s going to be a great year to be alive.

 

[snarlcakes]

@mcmurtry66 hopefully you get a chuckle. This dude loves to talk shit to shitcoiners and anyone against Bitcoin. Some of his best work 🤣

 

[mcmurtry66]

View embedded media

@mcmurtry66 hopefully you get a chuckle. This dude loves to talk shit to shitcoiners and anyone against Bitcoin. Some of his best work 🤣

ethereum I do still have that. Need to dump it

 

[dbmhoosier]

ethereum I do still have that. Need to dump it

So much winning Murt. So so much. Btw, what in the hell is a meme coin and why in the hell would anyone want to buy one?

https://www.axios.com/2025/01/18/trump-meme-coin-25-billion

 

[mcmurtry66]

So much winning Murt. So so much. Btw, what in the hell is a meme coin and why in the hell would anyone want to buy one?

https://www.axios.com/2025/01/18/trump-meme-coin-25-billion

@snarlcakes

 

[dbmhoosier]

@snarlcakes

Some dude made $125M

 

[mcmurtry66]

Some dude made $125M

View embedded media

😳

 

[snarlcakes]

@snarlcakes

Just another shitcoin. Run away like

 

[mcmurtry66]

Just another shitcoin. Run away like

My guy

 

[snarlcakes]

My guy

I’ll add, I’ve changed my mind on the SBR. I thought he would just pass an executive order making the Bitcoins the government is currently holding as the SBR. I now actually believe they’ll establish an SBR and purchase a significant amount of Bitcoin for it as well.

 

[mcmurtry66]

I’ll add, I’ve changed my mind on the SBR. I thought he would just pass an executive order making the Bitcoins the government is currently holding as the SBR. I now actually believe they’ll establish an SBR and purchase a significant amount of Bitcoin for it as well.

I’m going to make an effort to learn more about it this year. Our edibles biz is tanking fast. Who’d have thunk selling drugs would be a bust

 

[Joe_Hoopsier]

I’m going to make an effort to learn more about it this year. Our edibles biz is tanking fast. Who’d have thunk selling drugs would be a bust

Send me some, I'm low and... I have a guy.

 

[mcmurtry66]

Send me some, I'm low and... I have a guy.

****ers whole sale price $5 a tube. Disaster.

 

[Joe_Hoopsier]

****ers whole sale price $5 a tube. Disaster.

Cost?

 

[mcmurtry66]

Cost?

Significantly more. Deep pocket MSOs. Over saturated market. So they’re selling wholesale $5. For ten. Smaller outfits have no chance to compete with that

 

[Joe_Hoopsier]

Significantly more. Deep pocket MSOs. Over saturated market. So they’re selling wholesale $5. For ten. Smaller outfits have no chance to compete with that

If it were a Women, Sounds like I would be interested.

 

[mcmurtry66]

If it were a Women, Sounds like I would be interested.

🤣🤣. We own the licenses. So it’ll be okay. It’s tantamount to having a failing restaurant but you own the bldg. so can sell the licenses if need to and come close to getting back to even. All things considered it’s been a bust. And it happened insanely fast

 

[Joe_Hoopsier]

🤣🤣. We own the licenses. So it’ll be okay. It’s tantamount to having a failing restaurant but you own the bldg. so can sell the licenses if need to and come close to getting back to even. All things considered it’s been a bust. And it happened insanely fast

I'm trackin.

Now, back to that part about send me some.

 

[mcmurtry66]

I'm trackin.

Now, back to that part about send me some.

Let us get through the next month and we may have a shit ton to send out. Crazy business. State issues licenses to sell a product that feds deem illegal. Risky shit because of the latter there’s no bankruptcy/reorganization. You eat the loss

 

[Joe_Hoopsier]

You eat the loss

See, this is what I was offering you !!

 

[snarlcakes]

I’m going to make an effort to learn more about it this year. Our edibles biz is tanking fast. Who’d have thunk selling drugs would be a bust

Unless your business is growing at 50% a year it doesn’t make since to invest in it. Bitcoins CAGR is 45%. That’s the cost of capital. I wake up each day and tell my two cats it’s incredible you can still buy a Bitcoin for 103,000 dollars.

 

[mcmurtry66]

Unless your business is growing at 50% a year it doesn’t make since to invest in it. Bitcoins CAGR is 45%. That’s the cost of capital. I wake up each day and tell my two cats it’s incredible you can still buy a Bitcoin for 103,000 dollars.

Your two cats: Bit and Coin

 

[JamieDimonsBalls]

Unless your business is growing at 50% a year it doesn’t make since to invest in it. Bitcoins CAGR is 45%. That’s the cost of capital. I wake up each day and tell my two cats it’s incredible you can still buy a Bitcoin for 103,000 dollars.

No surprise you are a cat person

 

[snarlcakes]

No surprise you are a cat person

I wish. They’re not to be trusted. Evil creatures.

 

[NPT]

Unless your business is growing at 50% a year it doesn’t make since to invest in it. Bitcoins CAGR is 45%. That’s the cost of capital. I wake up each day and tell my two cats it’s incredible you can still buy a Bitcoin for 103,000 dollars.

I think the way to play bitcoin is to buy an ETF like IBIT. You might possibly protect your downside risk Do you use Coinbase to buy the actual bitcoin?

 

[snarlcakes]

I think the way to play bitcoin is to buy an ETF like IBIT. You might possibly protect your downside risk Do you use Coinbase to buy the actual bitcoin?

Yes, I use Coinbase. Also, the ETFs will move the same percentage as Bitcoin.