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There is no loss on an asset until it is sold. They have not realized a loss other than for accounting, which may benefit their debt positions. Bitcoin is res

There is no loss on an asset until it is sold. They have not realized a loss other than for accounting, which may benefit their debt positions. Bitcoin is responding exactly like it has in the past, it also represents a better ~one year return than most investments. Now is a time to buy additional amounts as $13k-20k is the anticipated low range during the next 'slump' year

jasonlaramburu 4y ago
>$13k-20k is the anticipated low range during the next 'slump' year What is the basis for this assessment? At least with a stock you can point to the underlying performance of the company. What factors affect BTC price other than sentiment?
- upsidesinclude 4y ago
  The basis is the general performance of Bitcoin since its inception. You can look up the chart yourself, use the googley and choose 'log' view... You're trying to compare to stocks and performance in the Era of Uber. I can't help but think you jest. If Bitcoin had a Crack team of VC marketers on the doll you would be buying. It is hilarious to hear the arguments that point to a rational stock market or valuation based on "performance". You clearly don't participate in the stock market.
Ferrotin 4y ago
It’s a liquid asset, so that’s a false distinction.
- upsidesinclude 4y ago
  By whose assessment? Not that it is liquid, but that it is a 'false distinction' -- which you have coined here as if it means something. Is a Bond a liquid asset? How do we account for a bond? How does otential liquidity change the nature of an asset? You have made a very large statement and need to substantiate it.
  - Ferrotin 4y ago
    It doesn’t matter at all whether you have realized a loss by selling the asset. If they sold the Bitcoin, they could easily buy it back with hardly any transaction costs. I did not actually make a “very large statement”. It is trivial to substantiate (as seen above).
    - upsidesinclude 4y ago
      I can't help but think you have said nothing. Please rephrase whatever argument that you are proposing. >It doesn't matter... Why? >(as seen above) I'm looking up, I just dont...yep, don't see it.
      - Ferrotin 4y ago
        Spend some time thinking about the difference between holding $4M of dollars and $2M worth of Bitcoin, and which you’d rather have. Can you see it now? Or is it still too confusing?
        upsidesinclude 4y ago
        Hahaha, what? This is not an argument. Today, Bitcoin. 100% 2MM$BTC over $4MM. I'm not confused. I know how money is made. You seem to be very unclear on how money is made. Dollars are depreciating at 8.6%. We are immensely fortunate the rest of the world is doing worse

jasonlaramburu 4y ago

>$13k-20k is the anticipated low range during the next 'slump' year What is the basis for this assessment? At least with a stock you can point to the underlying performance of the company. What factors affect BTC price other than sentiment?

upsidesinclude 4y ago
The basis is the general performance of Bitcoin since its inception. You can look up the chart yourself, use the googley and choose 'log' view... You're trying to compare to stocks and performance in the Era of Uber. I can't help but think you jest. If Bitcoin had a Crack team of VC marketers on the doll you would be buying. It is hilarious to hear the arguments that point to a rational stock market or valuation based on "performance". You clearly don't participate in the stock market.

Ferrotin 4y ago

It’s a liquid asset, so that’s a false distinction.

upsidesinclude 4y ago
By whose assessment? Not that it is liquid, but that it is a 'false distinction' -- which you have coined here as if it means something. Is a Bond a liquid asset? How do we account for a bond? How does otential liquidity change the nature of an asset? You have made a very large statement and need to substantiate it.
- Ferrotin 4y ago
  It doesn’t matter at all whether you have realized a loss by selling the asset. If they sold the Bitcoin, they could easily buy it back with hardly any transaction costs. I did not actually make a “very large statement”. It is trivial to substantiate (as seen above).
  - upsidesinclude 4y ago
    I can't help but think you have said nothing. Please rephrase whatever argument that you are proposing. >It doesn't matter... Why? >(as seen above) I'm looking up, I just dont...yep, don't see it.
    - Ferrotin 4y ago
      Spend some time thinking about the difference between holding $4M of dollars and $2M worth of Bitcoin, and which you’d rather have. Can you see it now? Or is it still too confusing?
      - upsidesinclude 4y ago
        Hahaha, what? This is not an argument. Today, Bitcoin. 100% 2MM$BTC over $4MM. I'm not confused. I know how money is made. You seem to be very unclear on how money is made. Dollars are depreciating at 8.6%. We are immensely fortunate the rest of the world is doing worse