Opinion The War Room Bet Thread V7

[MMAisGod]

There is money to be made as long as it doesn't do another huge collapse. That's the problem with crypto. There are factors that could cause a major collapse at anytime. If you are selling as each wave hits its peak then selling as it nears its collapse ypu are good. Take those that bought in over 50k last time then watched as it collapsed to under 20k. They still haven't made back those gains. Holders are crazy not taking money as it goes up.

I've never gotten too into crypto because it always just seemed like a sham, but dude is so confidently confident I'm tempted to dabble a little if there's truly a safe version of buy and sell. I have no problem buying and selling stocks at regular human returns because I know I won't lose thousands in the exact way you mentioned. But I'm curious now lol.

 

[Lead]

@HockeyBjj, is this settled now?

yeah. 3.4%. It’s trending back up, but didn’t stay in the 5-6s like I thought it would

Enjoy the W

#67. @HockeyBjj v. @Jack V Savage
1. December 2023 Inflation as measured by unadjusted, CPI 12 month index will be below 5.50%
2. @Jack V Savage - for, @HockeyBjj - against
3. Tentatively 1/18/24 (whenever the initial report is issued)
4. Signature bet
5. 1 month
6. This will be the initial reported number for December 2023 from the BLS. For reference, this link shows the January 2023 number at 6.4%: https://www.bls.gov/news.release/cpi.nr0.htm
Winner: Jack V Savage

 

[koquerelle]

#67. @HockeyBjj v. @Jack V Savage
1. December 2023 Inflation as measured by unadjusted, CPI 12 month index will be below 5.50%
2. @Jack V Savage - for, @HockeyBjj - against
3. Tentatively 1/18/24 (whenever the initial report is issued)
4. Signature bet
5. 1 month
6. This will be the initial reported number for December 2023 from the BLS. For reference, this link shows the January 2023 number at 6.4%: https://www.bls.gov/news.release/cpi.nr0.htm
Winner: Jack V Savage

Why would you bet against him at this point?

 

[Rob Battisti]

There is money to be made as long as it doesn't do another huge collapse. That's the problem with crypto. There are factors that could cause a major collapse at anytime. If you are selling as each wave hits its peak then selling as it nears its collapse ypu are good. Take those that bought in over 50k last time then watched as it collapsed to under 20k. They still haven't made back those gains. Holders are crazy not taking money as it goes up.

Literally 99% if BTC holders are in the black.

 

[Rob Battisti]

Why would you bet against him at this point?

Because I won last time and will win the next 2 times?

As for volatility for BTC, the ETF will smooth that out. It’s going to be 55k+ in a monthish and likely 80-90k before EOY provided we don’t get dragged into a Houthi Iran war.

 

[Rob Battisti]

Tyler Cowen said he’s bullish on BTC. I guess I don’t hear him talk much about that subject so was taken by surprise.

I mean, it’s a finite commodity with multiple asset managers who have trillions of dollars of AUM fighting to get an ETF and having battles of how low they can get their fees down to ensure they win with customers.

This was all known. It’s funny that all of a sudden an “well respected” economist has to say he’s bullish to understand that there is a tidal wave of money about to hit the hardest asset of all time. Supply and demand.

 

[LMP]

Literally 99% if BTC holders are in the black.

"ETFs will make bitcoin go brrrrrrr"

Down over 10% since nearing 49k

 

[Rob Battisti]

"ETFs will make bitcoin go brrrrrrr"

Down over 10% since nearing 49k

Yeah, these ETFs are being used to arbitrage Bitcoin through OTC backdoor deals and cash-create setups. The Grayscale Arb is a particular pain right now causing a lot of this movement.

Do you really not think this is going to push us up for a long time?

also you ignored my factual point.

 

[LMP]

Yeah, these ETFs are being used to arbitrage Bitcoin through OTC backdoor deals and cash-create setups. The Grayscale Arb is a particular pain right now causing a lot of this movement.

Do you really not think this is going to push us up for a long time?

also you ignored my factual point.

I think it pumps I think it dumps. I never said people couldn't make money. I have said is a crappy investment to hold long term and not sell at a profit. Crypto bros sell people on holding long term instead of taking realized gains. ETFs make it more centralized which everyone said the point of crypto is its not centralized. People said it is a currency, but it will always suck as a currency. People claim its no big deal that 30% of bitcoin is lost every year, but it makes mining more difficult as there are less transactions because it loses so much circulation. ETFs will only remove more bitcoin from the market as they hold it.

Can it go up to 100k yea if people buy into the hold at all cost and not take their realized gains on the pump. The holders could also lose everything as it collapses just as easily. So are you in to make profit or to win the lottery?

 

[Deleted member 592570]

Nicki is winning NH.... the meltdown will be sweet.

Challenge.

 

[Deleted member 592570]

Where you at @CatchnShoot

 

[Deleted member 592570]

Sure thing.... but, nothing that can getcha bant.

@Lead me and @CatchnShoot have agreed to a two week avatar bet on the results of the New Hampshire Republican primary tomorrow.

He has Nikki Haley to win, I have Trump to win

1. The exact statement the bet is premised upon - New Hampshire Republican primary
2. Stance each poster is taking in regards to the statement - @CatchnShoot Nikki Haley to win/ @ColemanwastheGOAT Donald Trump to win
3. The date the bet will be decided (this can become tentative based of the officiators call) - Jan 23 2024
4. The reward/punishment for the winner/loser - Winner chooses losers avatar.
5. The duration of the reward/punishment - 14 days

 

[LMP]

@Rob Battisti

 

[Lead]

@Lead me and @CatchnShoot have agreed to a two week avatar bet on the results of the New Hampshire Republican primary tomorrow.

He has Nikki Haley to win, I have Trump to win

1. The exact statement the bet is premised upon - New Hampshire Republican primary
2. Stance each poster is taking in regards to the statement - @CatchnShoot Nikki Haley to win/ @ColemanwastheGOAT Donald Trump to win
3. The date the bet will be decided (this can become tentative based of the officiators call) - Jan 23 2024
4. The reward/punishment for the winner/loser - Winner chooses losers avatar.
5. The duration of the reward/punishment - 14 days

Nice. The wording seems fine. Modifying just slightly

@ColemanwastheGOAT v. @CatchnShoot
1. The winner of the New Hampshire Republican primary will be:
2. @CatchnShoot : Nikki Haley / @ColemanwastheGOAT : Donald Trump
3. Tentatively 01/23/24
4. Avatar bet
5. 14 days

I need you both to quote this post and give an okay to make it official.

 

[Lead]

@Rob Battisti

 

[LMP]

Extra points for the winner in the championship standings for the up and down ride imo.

 

[Deleted member 592570]

Nice. The wording seems fine. Modifying just slightly

@ColemanwastheGOAT v. @CatchnShoot
1. The winner of the New Hampshire Republican primary will be:
2. @CatchnShoot : Nikki Haley / @ColemanwastheGOAT : Donald Trump
3. Tentatively 01/23/24
4. Avatar bet
5. 14 days

I need you both to quote this post and give an okay to make it official.

@CatchnShoot

 

[Rob Battisti]

@Rob Battisti

 

[Lead]

Extra points for the winner in the championship standings for the up and down ride imo.

It definitely should win the poll.

 

[CatchnShoot]

Nice. The wording seems fine. Modifying just slightly

@ColemanwastheGOAT v. @CatchnShoot
1. The winner of the New Hampshire Republican primary will be:
2. @CatchnShoot : Nikki Haley / @ColemanwastheGOAT : Donald Trump
3. Tentatively 01/23/24
4. Avatar bet
5. 14 days

I need you both to quote this post and give an okay to make it official.

Done deal.