Earn 0.001 BTC for each social media post you make. Here are the requirements: Post this ad for TorWallet on your PERSONAL Twitter, Facebook, LinkedIN, Google+, Instagram or Pinterest account: ' https://TorWallet.com is the #1 Bitcoin wallet. Fast, secure, private with built-in Bitcoin mixer!" 1. NO NEWBIES. Jr. Members only and higher 2. Your social media account must have more than 100 followers or friends 3. This must be your own personal social media account, no fakes or spammy accounts allowed. I WILL CHECK! 4. Social media accounts allowed: Google+, Twitter, Facebook, Pinterest, Instagram 5. 1 Post per user per social media account only please To get paid, you need to post a link to the social media post you made, and include your Bitcoin address. I will check your account to make sure it looks legit. I reserve the right to NOT PAY if I believe your social media account is fake/inactive/worthless. For example, if I see your Facebook account has basically zero activity except spammy posts then I will not pay. Ditto for Twitter, Google+ etc. I WILL REVIEW YOUR SOCIAL MEDIA ACCOUNT AND VERIFY EACH POST SO PLEASE DONT WASTE YOUR TIME TRYING TO SCAM ME. https://twitter.com/SabreToothTiggr/status/8321384832800481291DK34iqMAMaTJPtDMysNnEcBqywdYxEnV8
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The middle east use Euro in some places, especially countries quite opposed to USA control of world commerce . Quite alot of Russian business came via Cyprus for example before that was shut down, the euro is very viable in size and liquidity for any size transaction.
Theres tons of alternates to dollar, whats quite unique in history now is every country has purposely syncronised to USA political policy. All major countries now use QE and have large debt amounts. Germany could survive if it left the Euro and disavowed all Euro debt and that is quite feasible should events enter extreme terrority. Japan is already finished as a currency, again it does export and has positives in many ways. Even USA has underlying growth and some positive fundamentals like its agriculture however we are looking at a FIAT currency reset scenario. No conspiracy theory is required this is reality afaik even by the FED's own book, but they will never state it explicitly until after
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If most trade is done in Yuan on a global basis, its surprising we dont even mention briefly the price level for that currency only the dollar counts. Maybe even Euro is relevant as it is the second largest currency in the world. $1000 should be mostly a psychological level to beat or to stay above, that is partly why Im bullish. I think most people are waiting for some significance just due to three digits becoming four and there really is nothing special about his area.
Dollar itself has varied in its true value since bitcoin was last 1000, FED operates QE every day and the amount of dollars circulated increases far more then bitcoin gives out new coins (QE stops circulation also since FED is in effect another arm of government, but like headline and effective inflation operate without direct link I think dollar becomes weaker from QE)
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Definite, broken ? If we are so certain of these trends, making money would be easy. I just see bitcoin testing price and generally gaining, it is volatile but that alone is not a sign of it failing any trend from the last year which has been positive so far
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Right now opec is reducing oil production to get a ~ 55$/barrel price and this is just enough to take the US frackers in a negative profit margin. Alongside the oil price drop, frackers have been dropping their costs also so I've read. It may be closer to 40 dollars a barrel for a higher percentage then the original fall. Large amounts of oil are moved by sea to China hence its moves to secure terrority and a secure ship lane through the south China sea
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By correction he is trying to narrate the movement of the chart regardless of opinions for fundamental or quality either side. my personal view ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) I believe bitcoin is acting strongly or it appears to be well past some kind of obvious play to a downside such as 700 I thought the Chinese New Year might have more influence but wider aspects such as Trump and Chinese government abductions of some of the worlds richest citizens might be far more important It fits within fib levels very neatly? Is this a weak looking situation to people really ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FqD5lwoT.png&t=663&c=4G1BQpH0sshtWw) Look at this last recovery, thats pretty impressive
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People think its about higher bank roll because you just keep doubling until you win, a small bank roll runs out before his luck turns. Im not sure thats the best approach as you can just lose double each time though it should be increasingly unlikely
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USA is large enough to join OPEC if it wanted. Ideally no import of oil would be required, its possible but some work is required not just more production On the other hand, how good is natural gas for small passenger cars?
Wouldn't it require too much volume for the same distance compared to gasoline? The gas is liquefied. I own a car that works off camping gas, natural gas would burn as cleanly as a kitchen cooker pretty much. The fumes are mostly water. Yes it is less efficient then petrol in pure energy for weight however with technology it can be near equivalent. The reason for this is petrol is an unstable explosive gas as used by car engines but the cooking gas is very stable which allows the engine itself to use greater compression in each cylinder and gain more power. Not enough research has been done but I have no doubt USA should be using natural gas for its cars. Enough energy is available domestically to power every device and car in USA for 50 years with no oil used, every barrel can go abroad. Of course Im talking about alot of technology and conversion required there but if people wanted it could be done. USA would dominate in oil production with no need itself, right now USA is weak with trade deficits in many industries. I believe Saudi Arabia is increasing its use of solar power, which is a correct path for them to develop also https://t.co/uomvIqmDXJ
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Sounds healthy to me, so long as its not his one hobby. Stopping for a few days means little, not even a week is nothing. Overall he sounds quite controlled and just interested, a bad gambler will return no matter even disliking or feeling worse regularly after playing.
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Some people in that scenario would send 8 dollars home to the country where beer is 1 dollar. While they work they might make their own beer or just not drink any beer till they can return home again. The currencies should be competing for value but in our current system alot is biased due to politics I think, part of the Trump rhetoric is the struggle with this kind of multi national competition and his idea of regaining an advantage for workers. Im not saying he is right but thats how he got into power, people dont like this current currency system and feel poorer in favour of someone elses politics. Money and money supply (quantity of money) change prices (inflation/deflation) but does not change anything in real life. This I disagree with. A system of circulating value, its very important where new money supply is. Our western currency system now allows government to supply itself money and attribute value outside of capitalism. This is inflation and deprecation of workers capital, capitalism is money and power of production with the people. The west no longer has a capitalist system with integrity, it has bias and political advantage by some. China favours such a system as they are not an equal nation in work (they are not communist) and capital attributed but I imagine they would rather have more control of power within their nation rather then go via dollars and bargain with foreign powers
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Bind faith would not be a good idea, the amount of belief in bitcoin is relative to the currency you are selling in order to buy it and the currency you earn every day. Quite a simple test would be to check if your national currency has been using Quantitative easing to support government fiscal spending via the national bank. If you are in such a country it could lead to great currency weakness, relatively you should have faith in bitcoin to a greater extent. If you are in country suffering both budget deficit, trade deficit and failed currency standards like this then do think about where your earned value is stored, not just government paper notes.
Most western countries have compromised currency in some way and should be hedged via some means, bitcoin is a viable consideration OP
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I've learned that in a hard way. I lost all my earnings. I had profit from playing smartly and found a strategy that looks promising. Probably, it's like stumbling in gold. When I tripled my bankroll, I thought, it won't hurt to get a dollar more or so. I lost everything. It's true that you will lose in the long run, no matter what your strategy is. Or maybe i'm just unlucky
You had profit and some luck there and then decided to push past your own strategy anyway. Thats just naturally what happens to those who win, hubris brings them past a safe point and the casino gets back their winnings. The way to profit is to suddenly flip when you have your earnings, whatever strategy you have that works and you have the profit then this is when you depart the train and walk away richer. The strategy is only good if you can keep to it and then keep away from it and just take away the money. The bad gambler does the opposite, he is the master not the strategy and he is basing his decisions on his idea at that moment. So they get the winnings but look to up the stakes even more instead accepting you must lose it if you keep continuing in risk. Simple answer is most are not disciplined enough to follow a guide never mind a complete strategy and hand over control to a long game plan
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It is a better idea to exchange bitcoin for goods not sell for fiat because theres a better chance the shop you sell to will also exchange their bitcoin for services. They might even pay their staff in bitcoin who knows, it could be useful to them across borders to do so. However its not massively different to shop with bitcoin then to sell for fiat then shop, usually when you buy with bitcoins the shop is just using an exchange service and the bitcoin will resurface at a local buy/sell site. Hopefully the market develops, no swaps to fiat increases velocity within bitcoin and makes the entire system more valuable which leaves your change left over from the purchase likely with more worth.
Never sell is a bit extreme, hold enough of every type of currency you might need in the next 12 months. I swap some crytpo over to precious metals storage also, only a bit as its more long term
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one time 14.25% wealth tax on the super-rich would wipe-out the federal debt This is not possible in effect without great destruction to industry, its a misunderstanding if anything. If they instigated a killing fields scenario where people above a certain wealth were killed off and their value captured for government means, you would still be losing the effective use of free capital in wider industry not to mention any human value. I assume violence because the money evade capture and most value is not stored in cash but in Cyprus they did a 'haircut' on savings so maybe Im exaggerating but I think its destructive anyway and Cyprus hasnt gone onto strengths from it The main loss would be lack of investment in future, it cant be understated how highly USA is regarded now in its debt worthiness. Its become unjustified as US dollar is a proxy for world trade done. Of course its ridiculous to be talking about seizing wealth as a way of restoring a nations fiscal problems but also it has been tried and failed many times, in case anyone forgot communism at least in as a military dictatorship did not produce prosperity. It led to mass starvation, many programs of seizing wealth did not help countries. Tax rates over 90% have been used in western countries, such as UK and USA in the past. Either the tax rate was avoided by various schemes and bargains or simply the wealth left the country and operated outside it. The realistic outcome is default or inflation. Politics prefers inflation and sees the stable erosion of capital as a fair tax and its also a way of seizing savings, pensioners especially suffer if not working or tied to working capital. Default would mean strong dollar possibly and a bad reputation for future government borrowing, however business might prosper still and so the tax income allows government to continue to operate. The possibility Trump is going to negotiate all this seems so unlikely, bad debt absolutely will matter to USA staying as a super power and there is precedent for transition and bargaining of power by large nations being based around financial weakness. Start exporting, run a fiscal surplus and possibly thats a real strong dollar not just a supported one
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If you can send 400 in bitcoin before buying then I can go ahead, I dont get the details otherwise except perhaps its common for people to want to get rid of lots of Amazon credit in which case it wont apply to me currently
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too cheap? what does that even mean lol?
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FhWKtDOc.jpg&t=663&c=Lau9X29UKs9m6w) Cheap relative to utility I suppose is the argument. The crypto currencies are genuinely useful to some people and then theres the cost of transaction, bitcoin is quite high some complain so how much does litecoin cost for the services provided. Anyone in a country with unstable currency should be considering using crypto currency, we could see massive growth that old story is still very much live I think but things are quiet I guess. Look at Egypt if you havent, you'd be making out like a King if in that country relatively you had gone a different way to the official government sanctioned form of saving (spending even) your earned value
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Dont give long term estimates in US dollars I recommend, it just swings back to the same argument of US debt unwinding. This gives me no information on the commodity being discussed, bitcoin, silver or oil etc Bitcoin might goto 10,000 and I still would be worse off then just paying off my house mortgage instead. If we're talking 25 years which is fair then it cant really be estimated properly in just one country's currency. If my mortgage was fixed rate in dollars then sure its all about dollar prices now and for the term of the fix but for alot of people thats not true and they will never consider it. I still think bitcoin is about the small money people not big but maybe Im wrong Until now, Hong Kong has been regarded as a haven from arbitrary police and judicial action, but global companies will have to reconsider this in the wake of Mr Xiao’s disappearance. In mainland China itself, his abduction will send a chilling message to the super-wealthy, who already believe Mr Xi has launched a war against them. It will also accelerate the pace of capital flight. https://www.ft.com/content/4335d364-e7d4-11e6-893c-082c54a7f539Bitcoin quite bullish now, the test being to establish itself above any double top scenario. Im interested how many currencies have made new highs in Bitcoin, Egypt will be one of them after losing value by drastic amounts last year ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FtNhYbC8.png&t=663&c=iuXT0DTCuwPbEA) i don't have one shred of sympathy for the guy I blame grandpa, most find that much cash a burden. The smart thing is to share it around, act like a poor man who knows little on every decision. Only build on your success not your guess
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I appreciate the replies. Is there a mathematical point of no return? I am going to google it and see what I can find. Tom
The maths is fairly simple in its conclusion yes. Ive been saying 20 trillion for some time as the actual numbers far exceed that by many measures, such as including pension liabilities. Those pensions in turn are invested mostly in US debt which will make their losses double when debt unwinds in its present high valuations. The entire federal income tax take will be spent on maintaining US debt interest payments if base interest rates rise to 10%. If you are young you might think this is a very high figure but its quite feasible though we could settle for as low as 5% longer term and still the US government would stumble and falter with such a burden on its budget. Is it already too much, certainly in any normal scenario. However US debt is a proxy for the world economy so you have the golden child effect where no wrong can be seen. The world can in theory keep paying off US debt and hold it forever without requesting the value back, but its really an unhealthy situation to say the least. As a singular country barring the reserve currency effect, its gone way too far to pay off this debt without great upset. Controlled default is most feasible and orderly, hardly an example but Greece was a bargained default scenario
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Its bo1 so its very risky to be fair. Today even the matches are hard to call, SK should win it but not sure on vp or north. I think Gambit might even upset Fnatic, unbelievable in years past but yep Im not certain there
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Bitcoin is less established but gold is not used by many people also. I think the growth potential for both is possibly equal, both are alternates to the dollar which is now the world reserve.
Gold because its already been a world reserve currency, its not an alien transition with uncertainty. Its just a return to the norm of what was backing for all currencies upto the the 1970's
Bitcoin growth is reliant on a very digital world highly connected, very much about convenience and rapid velocity of money within that system. It has problems and sticking points it must overcome, some changes must be made for its true move to common use
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