BITCOIN: Don't listen to the FAKE Invester on here, really "don't know anything"

[theking]

...(PER THE NEUTRAL PH MEMBERS)...

The FAKE Invester's advice on Bitcoin and he even LIED by using his FAKE made up "hmong cousin brother" as an example below:

!!!!!DO NOT BUY BITCOIN!!!!!
We had a hmong cousin brother who put $75,000 of his saving into bitcoin.
Dude is in his late 40s, been saving that $75k his whole life

His $75,000 is worth around $30k+++ something
Lost almost half its value

Dude is really depressed and sad
Was going buy a house

FOR THOSE THAT ACTUALLY KNOW SOMETHING ABOUT INVESTMENTS AND FINANCES, IT COULD WORK FOR THEM AND IT HAS....:

NFL Star Odell Beckham Jr., Who Converted His Salary To Bitcoin In 2021, Says, 'Safe To Say We Still Our Happy With Our Decision'—Here's What It Is Worth Now
NFL star Odell Beckham Jr. may be having the last laugh against critics of his decision to take his salary in Bitcoin.

When Beckham opted to convert his 2021 base salary of $750,000 from the Los Angeles Rams to Bitcoin as part of an endorsement deal with the Block-owned (NYSE:XYZ) Cash App, critics were quick to argue that he was making a mistake. These critics only grew louder as a market crash ensued the following year, which saw Bitcoin lose nearly 80% of its value.

But now, nearly four years after the Bitcoin bet, Beckham is the one who is smiling.

“Sooooo Bitcoin is at an ALL TIME high today...safe to say we still happy with our decision,” he said on X on July 14 as the asset surged to record highs above $120,000.

[Prude]

I just saw Bitcoin growing and growing. How can anybody's money lose value
in Bitcoin as of now? It's going to go up to 150K, I feel.

[theking]

Don't tell that the "don't know anything" (per the neutral PH members) about investments and finance idiot below:

!!!!!DO NOT BUY BITCOIN!!!!!

 

[theking]

These guys know what's up and even willing to go to prison for their "negative" behaviors:

Men accused of waterboarding a bitcoin millionaire for his password to be freed on $1M bail
Two men accused of torturing a bitcoin millionaire for his password in NYC have been granted bail.

The men held a 28-year-old business partner for 17 days in a rented $24 million townhouse, prosecutors say.

The victim, an Italian citizen, was waterboarded during the ordeal, according to court papers.

They can't pay the bail bondsman in crypto.

But two cryptocurrency investors accused of torturing an Italian bitcoin millionaire for his password will be freed on $1 million bail and home confinement, a Manhattan judge ordered on Wednesday.

"If you think the bondsman is going to take cryptocurrency, that would be a problem," New York Supreme Court Justice Gregory Carro told lawyers for the two men.

"You are certainly going to have to show where it is coming from," the judge said of the money to be posted by William Duplessie, 33, of Miami, and John Woeltz, 37, of Kentucky.

Under the bail agreement, both will wear ankle monitors. Duplessie will serve home confinement with family in Miami, and Woeltz will serve from a yet-determined address in New York.

The men are accused of kidnapping and torturing a bitcoin millionaire from Italy for nearly three weeks in May inside a five-story luxury Manhattan townhouse.

Victim Michael Carturan, 28, was a business partner and friend of his attackers. He was not only pistol-whipped, set on fire, and attacked with a small chainsaw — he was also waterboarded, head butted, and hoisted up by his throat, all to get him to turn over his bitcoin password, prosecutors allege.

On Wednesday, lead prosecutor Sarah Khan revealed that federal investigators seized a "manifesto" that she said detailed their plans to steal — or "purge" — the crypto of "foreigners" by slowly gaining their trust.

"They were trying to brainwash him for his cryptocurrency," Khan told the judge. (Carro is the same judge assigned to the state-level murder case of Luigi Mangione, accused in the December 2024 assassination of UnitedHealthca re CEO Brian Thompson.)

"It appears this is a use of intermittent violence to keep the victim unregulated," Khan said, explaining why Carturan appears to be smiling, using drugs, and engaging in sex in video and photographs from the time of his captivity.

But the judge set bail after the defense argued that what prosecutors call torture was actually just "frat house" behavior.

"It is a frat house, with essentially unlimited funds," Woeltz attorney Wayne Gosnell told the judge, saying that even Carturan used the words "hazing" in describing what was done to him.

"There are some credibility things here," agreed the judge.

There are videos of Carturan smoking crack, taking part in a sex orgy, and being dragged around by a woman while wearing nothing but a BDSM collar, the defense has argued.

Carturan was eager to go into business with the pair, and voluntarily submitted to being hazed, Duplessie defense attorney Sanford Talkin said in court Wednesday.

"He was there because he wanted to be part of the lifestyle — and it was quite a lifestyle," Talkin said, calling the period of alleged captivity "17 days of shenanigans."

The bail and monitoring will be handled by bondsman Ira Judelson, whose clients have included Jay-Z, Conor McGregor, and Harvey Weinstein.

"I can't take cryptocurrency as a form of payment anyway," Judelson laughed when told of the judge's ban on crypto.

"They will have to convert the currency," he said. "There's no bail bondsman in the US to my knowledge that is set up to accept crypto — though I'm sure I will some day, because it's here to stay."

Khan has countered that the victim was subjected to humiliating and dangerous torture, and had asked Wednesday that the pair continue to be held without bail pending trial.

"Our information is that the defendants would pour tequila in him, light him on fire, then put the fire out, sometimes by urinating on him," she said in court last month.

Caturan was bleeding from his head and face on May 23, when he ran barefoot from the house, desperate to find a police officer, prosecutors and police have said.

Khan said in court last month that Caturan was coerced into assuming "various poses" to make it look in photographs as if he were not being forcibly held.

"Victims of abuse are not always going to act in a way that we expect people to do," she told the judge.

She suggested that Caturan's grand jury testimony — which resulted in a ten-count indictment charging kidnapping, assault, and weapons possession — was harrowing.

"This is not, in fact, the first time that these defendants have engaged in conduct that constitutes similar crimes, meaning people being held against their will," Khan also told the judge last month.

"There are two other victims from two different occasions," she said.

Court documents reveal what police seized from the eight-bedroom, six-floor property, which was being rented for more than $30,000 a month.

The recovered items include a loaded gun, two knives, two hacksaws, a chainsaw, zip ties, plastic buckets, and a cattle prod, the document says. The list also includes items described as "pants with burn" and "wooden paddle with signatures."

"I don't think there's anything crazy in here," Woeltz told the NYPD officers who arrested him at the townhouse shortly after Caturan fled.

Prosecutors said last month that they were still going through 30 cellphones and laptops seized from the home, along with 30 crypto "storage devices."

Khan said at last month's arraignment that so far, three recovered cellphones have revealed "additional evidence, including photos and messages that corroborate the intent here: Torture, humiliation, and control."

The two defendants are eager to go to trial, their attorneys said Wednesday. They face up to life in prison if convicted of the top kidnapping charge.

[theking]

"Bitcoin is considered a successful digital currency due to its operating blockchain network, increasing acceptance, and adoption by merchants as a payment method. There are also several individual success stories related to Bitcoin, including entrepreneurs like Olaf Carlson-Wee, Barry Silbert, Sam Bankman-Fried, Erik Finman, Brian Armstrong, and Jed McCaleb."

[theking]

James didn't do too bad:

Man Who Lost 8,000 Bitcoin Now Worth $900 Million Wants To Tokenize Entire Wallet In Bid To Assert Claim On Dumped Fortune

James Howells, the man who has spent over a decade finding his misplaced hard drive containing over $900 million worth of Bitcoin (CRTPTO: BTC) riches, said Monday he has not given up despite repeated failures and will now tokenize his claim.