Red Mosquito • View topic - bitcoin, the blockchain, and cryptocurrency

tragabigzanda · **Posted:** Tue March 08, 2022 6:14 pm

Its view as a hedge and its performance as a hedge are two different things.

--- · **Joined:** Tue February 12, 2013 5:03 pm **Posts:** 2401

tragabigzanda wrote:

Its view as a hedge and its performance as a hedge are two different things.

i don't pretend to know what exactly it is yet, all i know is i'm treating crypto a bit like a lottery at this point

too many dependencies and too easy to control on/off ramps to be a true hedge, at least for my taste

tragabigzanda · **Posted:** Tue March 08, 2022 6:32 pm

--- wrote:

tragabigzanda wrote:

Its view as a hedge and its performance as a hedge are two different things.

i don't pretend to know what exactly it is yet, all i know is i'm treating crypto a bit like a lottery at this point

too many dependencies and too easy to control on/off ramps to be a true hedge, at least for my taste

tragabigzanda wrote:

4/5 wrote:

4. Inflation hedge?

It's certainly demonstrated its ability to do this, but at $65K/btc, only the wealthiest investors are able to make that play to a meaningful extent, I'd think...

My guess is that Eth-derivative alt-coins could also serve as an inflation hedge, but they're just so volatile. An ETF would probably serve as the better hedge.

Obvi BTC has dropped dramatically from $65K but still...

--- · **Joined:** Tue February 12, 2013 5:03 pm **Posts:** 2401

i wonder if they make crypto wallets with chains for the EH Ruddock account

--- · **Joined:** Tue February 12, 2013 5:03 pm **Posts:** 2401

that joke has probably already been made, huh

washing machine · **Posted:** Tue March 08, 2022 10:42 pm

That joke's cushion was just waiting for a good warming up from the unpleated seat of the thodoks account.

--- · **Joined:** Tue February 12, 2013 5:03 pm **Posts:** 2401

washing machine wrote:

That joke's cushion was just waiting for a good warming up from the unpleated seat of the thodoks account.

hello washing machine, it looks like our paths have again crossed on the computer

washing machine · **Posted:** Tue March 08, 2022 11:06 pm

--- wrote:

washing machine wrote:

That joke's cushion was just waiting for a good warming up from the unpleated seat of the thodoks account.

hello washing machine, it looks like our paths have again crossed on the computer

It appears that way on my computer screen, yes. :wave:

Norris · **Posted:** Tue March 08, 2022 11:10 pm

96583UP · **Joined:** Sun September 15, 2013 5:50 am **Posts:** 22294

--- wrote:

BurtReynolds wrote:

It hasnt been around for long, but as far as I can tell crypto is roughly correlated with the stock market. It's not a hedge.

smart man

basically tech sector equities

96583UP · **Joined:** Sun September 15, 2013 5:50 am **Posts:** 22294

buckle up bois

McParadigm · **Joined:** Wed January 02, 2013 1:56 am **Posts:** 21817

elliseamos · **Posted:** Sun April 17, 2022 12:19 pm

BurtReynolds · **Posted:** Sun April 17, 2022 12:23 pm

Didn't he sell it for about $300?

McParadigm · **Joined:** Wed January 02, 2013 1:56 am **Posts:** 21817

tragabigzanda · **Posted:** Wed April 27, 2022 4:26 am

I never realized that Troy McClure design is basically the same one as Hank scorpio

blueviper · **Joined:** Wed January 02, 2013 2:03 pm **Posts:** 3151

tragabigzanda wrote:

I never realized that Troy McClure design is basically the same one as Hank scorpio

whoa.

spike · **Joined:** Wed January 02, 2013 4:18 am **Posts:** 28093

McParadigm wrote:

what’s non fungible are all the friends way made along the way

Rangi Guy · **Posted:** Thu May 12, 2022 4:30 am

I guess I picked the wrong time to invest my life savings in Crypto.... Oh well, you win some - you lose some

BurtReynolds · **Posted:** Fri May 13, 2022 8:00 pm

bitcoin, the blockchain, and cryptocurrency

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