RE: A Few Thoughts on the Bitcoin Price...

in #leofinance2 years ago

This is something to think about... now that the crazy DEFI bubble has burst, and the 100% yields are over, what is the 'underlying' status value of BTC...?

To be fair, you can still get 10% on your BTC at CubFinance lol:

10% on your BTC at CubFinance.

As shit as the price dump for long term HODLers has been, Cub still offers one of the best ways to earn yield on Bitcoin.

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I am in that Kingdom in fact, it's a good place to be.

I imagine Cub will pick up again at some point - when the Leo folks get bored of waiting for PolyCub to do something!

How do I know Cubfinance is not Celsius 2.0. Where are those yield coming from? sus

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I'm certainly not saying that CUB's model is sustainable as is (just look at price...), but to compare it to Celsius is unfair.

They each run completely different business models and as such have unique sustainability issues.

If you're genuinely interested in where the yields come from, I'd encourage you to dig a bit deeper.

There is a pathway to sustainability for both if things are done right.

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Instead of betting against us morons, why wouldn't you just short BTC on leverage?

You'll make a shitload more money and won't have to hold 500 HIVE all the way down to pennies.

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how do you know i'm not shorting bitcoin?

Maybe this will clear things up for you.. maybe i dont need any money.. maybe i got everything i need.. Perhaps i get more from proving you guys are dummies, lol.. you ever thought about that?

here's some interesting information. if i were a billionaire.. do you know i'd live on the same land i live on now.. i already think it's a paradise.. do you know i'd drive the same vehicles i drive. now.. i'm already a pretty darn good looking guy.. so i date models as such already. maybe the greatest gift for me right now is just proving you all are dumb lol

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Well that's just sad...

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no not sad, maybe it's time to turn over a new leaf and remove ourselves from high risk speculative investments.. wouldn't you rather have a consistent dividend of $1000 per month you could go and risk on these risky investments if thats what you wanna do and give other people a chance to take $1000 if they wanna use it for gas or to feed their families.. wouldn't that make more sense than destroying all this money in this bout of nonsense and pyramid schemes gone wrong? have you all not had enough of that yet? lol

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