Bitcoins worth more than gold
I can't really get my head around blockchain though I think I understand its purpose but am happy to take a long-term punt on Bitcoin.
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- OneTrickPony
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The 0.1% have got their teeth into every single wealth pool, including your house and pension, collateralised it, variable interest swapped it, securitized it and derivatised it using bots. The whole wealth system is under threat.
Even though they are doing the same to gold, silver, and now Bitcoin, as soon as the financial system crashes, you'll see the market naturally correcting and gold rising to $10,000 per t Oz, silver to well over $100, and Bitcoin ... there she blows!!
The bulls and the bears.
Meanwhile, leaving out the bots, the rest of the 5% of overly excited marketees/ animals are running around listening to Powell's every word. Eventhough, the majority of where the Fed have been putting the money they've been printing is known only to themselves, the central bankers and other select individuals.
Keep a weather eye on the horizon.
Even though they are doing the same to gold, silver, and now Bitcoin, as soon as the financial system crashes, you'll see the market naturally correcting and gold rising to $10,000 per t Oz, silver to well over $100, and Bitcoin ... there she blows!!
The bulls and the bears.
Meanwhile, leaving out the bots, the rest of the 5% of overly excited marketees/ animals are running around listening to Powell's every word. Eventhough, the majority of where the Fed have been putting the money they've been printing is known only to themselves, the central bankers and other select individuals.
Keep a weather eye on the horizon.
Up the workers!
Did he buy the entire reservation, boot out the bums, build a casino then sell luxury teepee plots to the 1%ers?kungfufighter wrote: ↑Wed Jul 08, 2020 6:44 am
Did you here about the Indian guy who bought a million dollars worth of Bitcoin when they were at $200?
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- OneTrickPony
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No, I think he opened a raspberry farm in Scotland. Unfortunately, I don't get to decide what people do with their money.
If I did, a whole lot of people would see their wealth reduced, and a much bigger amount of people would see their wealth increased. I don't need to worry about the first bit though. I believe Bitcoin is the answer to the second bit.
If I did, a whole lot of people would see their wealth reduced, and a much bigger amount of people would see their wealth increased. I don't need to worry about the first bit though. I believe Bitcoin is the answer to the second bit.
Up the workers!
Hah! All this time it's been SCC, the barely literate teacher and failed electrician. No wonder you have resorted to C&P.
So come on. How much Bit you holding lad?
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- OneTrickPony
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As I have said before, I've been reading the forum for many years.
Up the workers!
- Starving Pelican
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I knew it. I previously considered that it was him, but the powers that be didn't buy it.
Oh well played sir. Indeed that does explain the copy and paste obsession - without it he would have been easier to identify.
SCC - how are your mates, the Singlet Brothers?
I would never get into bitcoin, after recent dip, it shows its volatility. The fact that you can buy it with cheap android apps, should be the first sign. It will be replaced with the next 'fashion currency', in a short amount of time.
After KFF/SCC introduced crypto payments to Calmette he carefully guided them financially and every last penny they were going to whack into their arms they invested in Bitcoin.
Now they are the biggest skag wholesalers in Batley or similar shithole town.
Some stories have a happy ending..
It was Bournemouth, not Batley. I just took a trip down memory lane and found this great summary of 2015 on 440, a year full of great stories.
https://www.khmer440.com/k/2015/12/sing ... 40u2sloiww
https://www.khmer440.com/k/2015/12/sing ... 40u2sloiww
It was SCC. Second only in the parsimonious ranks to the legendary thread by Telesales about overpriced goldfish.
Good post this and I was just such a person who hadn't really heard about the internet in 1995. First I remember was my boss in Hanoi saying how much we were saving by sending emails instead of faxes. I convinced him it was quite impossible from Cambodia so was left alone to get wasted and fly in hand-written reports once a month or so.starkmonster wrote: ↑Wed Jul 08, 2020 8:32 amI often hear people say investing in Bitcoin now is like investing in Google or XXX in the early 2000's. But that's a bad analogy because Google is a company with a product(s) and Bitcoin is a protocol.
A better analogy would be to imagine that HTTP (another protocol) was tokenised and you could travel back to 1995 to invest in it. Without the benefit of hindsight, the proposition is exactly the same:
Internet 1995:
1. Will the internet ecosystem completely dominate the future transfer of information?
2. If 1 is true, will HTTP (which already has first mover advantage) still be the base protocol of the internet ecosystem?
Blockchain 2020:
1. Will blockchain ecosystem completely dominate the future transfer of value?
2. If 1 is true, will Bitcoin (which already has first mover advantage) still be the base protocol of the blockchain ecosystem?
In 1995, people with the technical capacity to understand the mechanics of the internet already knew that 1 was a forgone conclusion, and 2 was highly likely.
Today in 2020, people with the technical capacity to understand the mechanics of blockchain tech already know that 1 is a forgone conclusion, and 2 is highly likely.
A good enough post in fact so that I've set my son the task of researching blockchain since he's a teenager and it's going to be a major part of his life and I want to blow a lump of my money before I go.
Thanks Starkey.
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