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modrepub

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25. Like Any Financial Thingy

Fri Feb 6, 2026, 10:36 PM

Yesterday

You can probably leverage it with a derivative (as long as you can find someone who accepts your counter).

A lot of folks deplore derivatives. If used too much they can cause a lot of volatility. Margin calls on things like these have probably cause a lot of market volatility this week.

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As Crash Deepens, Investors Say Bitcoin Is Headed for Zero Dollars [View all] highplainsdem Yesterday OP

"Farr also criticized the token for being damaging to the environment" YES YES YES!!!!!! AZJonnie Yesterday #1

Most cryptocurrency does NOT use mining... WarGamer Yesterday #4

You're correct, I'm mainly ranting about PoW schemes vs. newer PoS ones AZJonnie Yesterday #16

I get you on crypto. The currency of choice for smugglers, traffickers and terrorists the world over. paleotn Yesterday #18

Is Bitcoin getting shorted? OAITW r.2.0 Yesterday #2

I think blind greed backed it, no? NoSheep Yesterday #20

Stupidity Aviation Pro Yesterday #23

Like Any Financial Thingy modrepub Yesterday #25

I'm no financial wizard. But OAITW r.2.0 Yesterday #28

My younger brother's BD was Oct. 6. OAITW r.2.0 Yesterday #29

I saw a similar article yesterday... Hugin Yesterday #3

false. the largest holder of BTC holds 5.5% and hasn't been touched since 2010 WarGamer Yesterday #5

I'm only repeating what the article said... Hugin Yesterday #26

any source that claims 60% of BTC is owned by one entity can't be believed about anything WarGamer 23 hrs ago #37

It didn't say owned... Hugin 23 hrs ago #39

100% false. That's what i proved earlier. WarGamer 23 hrs ago #40

Trump's family got out a month ago. Captain Zero Yesterday #6

When we go to hard lee come about in dominant SE winds.... OAITW r.2.0 Yesterday #31

*pretends to be surprised* sakabatou Yesterday #7

A friend has 3 bitcoin at an average price of $1500. CrispyQ Yesterday #8

She should have sold @$90K. ColoringFool Yesterday #9

I knew a "libertarian"-type dude (who was never a Trump supporter) cojoel Yesterday #10

The thing I remember reading about *rump bankrupting casinos was that he made millions on them personally Uncle Joe Yesterday #11

Oh bronxiteforever Yesterday #12

I've never understood why something communally owned (prime numbers) dickthegrouch Yesterday #13

Zero seems like fair value. surfered Yesterday #14

It's gambling. Nothing behind it at all. Joinfortmill Yesterday #15

"Bad Money Drives Out Good." BurnDoubt Yesterday #17

Mining it requires copious amounts of energy and water. ToxMarz Yesterday #19

Now you can buy Boardwalk OR Park Place, but not both. Orrex Yesterday #21

It was always a ponzi scheme built on theoretical sand. Ford_Prefect Yesterday #22

Tulips cate94 Yesterday #24

Full disclosure Gore1FL Yesterday #27

There are a lot of artificial inputs into the Cyrptoverse. OAITW r.2.0 Yesterday #34

I agree. Gore1FL Yesterday #35

That's a feature! OAITW r.2.0 23 hrs ago #36

Crypto... A volatile, unstable, wishful 'currency' with no assets or gov't support backing it. Norrrm Yesterday #30

It's always interesting the folks who are into crypto. BannonsLiver Yesterday #33

Will be buying XRP here and masmdu Yesterday #32

I'm hoping for a 1929-1933 redux. roamer65 23 hrs ago #38

It does the same thing every 3-4 years awesomerwb1 23 hrs ago #41

It's up about 5% since Richard Farr's pronouncement. LudwigPastorius 22 hrs ago #42

Bitcoin is 2 years older than the iphone. Old Crank 18 hrs ago #43

There certainly are jmowreader 16 hrs ago #44