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^Your Jewish scam post, as usual, omits the fact that under a gold, silver, and copper based monetary system, energy in the form of things like diesel is much of the cost to extract said resource. You cannot 'flood' the market with infinite supply if you have to pay for the gas using gold and silver in order to mine gold and silver.
You can only strip mine plunder and waste all the world's resources overnight if you can pay for extracting them with something like fiat notes printed out of thin air. You can't plow through them all instantly if you have to pay with actual resources to extract resources. You also don't seem to understand anything based on artificial scarcity whether it's fiat bills or bitcoins has ZERO value and is just a man-made Ponzi scam.
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I would argue shitcoiners are not nonconformists and they're just being duped by shills like Andreas Antonoplous into conforming to centralized, imaginary, valueless tokens with built-in, rent seeking middlemen and away from real decentralized money like silver and gold, but if shitcoiners actually were nonconformists, this is the type of nonconformist they would be:  |
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https://www.breitbart.com/politics/2019/02/13/republicans-move-amendment-against-antisemitism-thru-house-unanimously/The crooked and bought US congress passes unanimous 424-0 vote attempting to outlaw "anti-semitism", meaning illegal to criticize or boycott international Jewry because the goyim are scum and only Jews matter. In case it wasn't obvious who controls the US govt, media, and banking system. What do you suppose the vote would on outlawing anti-caucasianism? Probably 20-400? The faster the Jewish occupied US govt, media, banking system, and everything else burns to the ground the better. You are no patriot attempting to prop this shit up. We might as well pray for Putin to just go ahead and launch the missiles. He would be doing us a favor.
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^ Not sure if you don't get it or you just want to deflect the question and keep going with your monologue as always.
To make sure it is not my fault, I will rephrase... Since when do you believe in that "objective reality" you keep repeating post after post... and since when did you became so obsessed about it?
Of course it's your fault. You're trying to distract from the factual information I was talking about then get upset I'm not dumber than you are and willing to be distracted by your troll post that's attempting to derail the subject. Almost all of your posts are like this - low quality and ineffective psychological ploys trying to direct or mislead conversation. You're a Mexican for fuck's sake. Do you think I'm actually going to be outsmarted by you? I don't have any hatred of hispanics or anything, it's just absolutely laughable if they think they're going to fool me in some way. |
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How old are you r0ach?
We'll go with Anonymint's claim of over 70 for now. Assuming that is true... My second question is... Have you always been so obsessed about your "views" or is it something more recent as in "you finally saw the light"? You don't make money or prevent the loss of all your money by having "views". I only care about what objective reality is. |
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How old are you r0ach?
We'll go with Anonymint's claim of over 70 for now. Oh, Mike Novogratz is shilling out of his mind for bitcoin again. It must be time for another leg down. |
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JayJuanGee, since your grasp of the present day economic system seems to be completely comical, let me spell it out really simple for you. You're either going to have "UBI" and full-blown communism, or the bank's balance sheets implode through cascading deflationary collapse and metals are remonetized vastly higher to have any type of continuation of a monetary system at all.
Under communism there is no usage of bitcoin. In the second option, there is also no use of bitcoin. No government on the planet is basing it's reserves and monetary system around bitcoin instead of physical metals. If they used any type of digital shitcoin, they would be printing their own out of thin air and trying to force it onto you. The Russians, Chinese, Turkish, Iranians, now Italy, and others have already formed an unstoppable pro-metals monetary system coalition in the first place. The die has been cast.
You sir, are a monster. I just can't tell if you are trying or not. It's always these two star posters nobody has ever heard of coming out of the woodwork saying "don't listen to the r0ach post, it's a lie!11". Then they can't even explain what is supposedly incorrect about that factual explanation of the current economic system. |
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JayJuanGee, since your grasp of the present day economic system seems to be completely comical, let me spell it out really simple for you. You're either going to have "UBI" and full-blown communism, or the bank's balance sheets implode through cascading deflationary collapse and metals are remonetized vastly higher to have any type of continuation of a monetary system at all.
Under communism there is no usage of bitcoin. In the second option, there is also no use of bitcoin. No government on the planet is basing it's reserves and monetary system around bitcoin instead of physical metals. If they used any type of digital shitcoin, they would be printing their own out of thin air and trying to force it onto you. The Russians, Chinese, Turkish, Iranians, now Italy, and others have already formed an unstoppable pro-metals monetary system coalition in the first place. The die has been cast.
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JayJuanGee, why are you even talking about bitcoin like it's somehow going to be the new world reserve currency? Do you really think Trump is going to get on TV and say, "Hey guys, the banking system just imploded and instead of reverting back to gold and silver as normal, I think we'll just go with this fly by night scam called bitcoin instead". Do you really think that's going to happen? How and where does bitcoin fit ANYWHERE within the current financial system reset I outlined here? https://bitcointalk.org/index.php?topic=178336.msg49730618#msg49730618 |
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The real state of the economy and why shit is hitting the fan:
Since most of you guy's knowledge of economics is an F- at best, if it wasn't obvious, the kikes are currently trying to inflate their way out of the debt bubble's inevitable conclusion. It might not be possible. When I look around right now, I see an avalanche of $500,000 houses and apartments everywhere hitting the market all at once. These are not mansions, just normal, average looking houses. Wage prices are too low, asset prices are too high.
In order for the entire system to not implode in cascading deflationary collapse, you would need to simultaneously create massive wage inflation while also not allowing the prices of property to go up with the wages. This can actually be done, but it can only be done in one way: printing a lot + raising interest rates to the moon. High interest rates are a net negative to real estate appreciation and you bring the market back to equilibrium in this manner.
Nothing in the system is actually capable of handling high interest rates, though. You would need to turn the dollar into literal toilet paper in order to service the normalized, high, or Volcker-style interest rates. Simply debasing the currency and raising interest rates to fix the asset price/wage equilibrium doesn't actually work either if none of the torrent of new money is going into the hands of average people. This is one reason they're trying to push this "universal basic income" communist program now.
People will either accept this banker "UBI" bait and switch tactic - which is just a ploy to try and implement full-blown communism where everyone's life on earth will be miserable - or everything on the bank's balance sheets will implode and the TBTF banks die. To remonetize the system when this happens, this is where someone like Trump announces the old system is toast and the price of gold is now something like $20k an ounce and silver $500-$1000 an ounce.
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This is the wrong place for me to talk about socialism, Universal basic income. Most bitcoiners are hardcore libertarians.
The purpose of communism is a Jewish scam to centralize all wealth and power so they can then steal it all and rule over everyone as slaves. Communism requires enormously centralized, pyramid-style, hierarchical control. All you're saying is "give all your sovereignty, wealth, freedom, and rights to some evil Jews so you can be their servants". It's no coincidence the majority of Russian oligarchs that stole ALL of Russia's wealth are Jews. So called "UBI" is just a rebranded name of communism to try and accomplish this goal. Yes, almost all wealth is already centralized...because we have a central bank and a central bank is one of the main tenets of communism. They just want to attempt to force people into accepting the rest of communism's tenets now. In other words, communism caused the problem - you already live in a communist system - and now you're claiming implementing more communism will help fix it. In reality, hanging the bankers and expelling the communist Jews is the real solution. Also other measures like outlawing branch banking, fractional reserve, and all the other scams so they can't do it all over again. |
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Yeah all around english isn’t the best kitchen as well
This topic is to talk about a technology that require some knowledge of science, computer science, math and economic. You need to create two topics, one to talk about food, the other to talk about dildos. What? This isn't the what Micgoossens ate today, and yesterday, and the day before thread? |
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I see you goyim are creating more retarded and nonsensical charts pretending the price is somehow guaranteed to go to infinity again. Have you noticed these pump and dump charts all have the same thing in common? They pretend there's some type of non-existent trend upwards at a 45 degree angle infinitely that doesn't exist? Yes, such a chart might work if your unit of account is Venezeulan or Zimbabwe currency with a torrent of infinite supply, but not for a currency without hyperinflation. If there's any type of trendline on this chart, it's definitely not a 'parabolic trav' trend to infinity at a 45 degree angle. It's more like a smoothing of the curve like the red line below. The white line he drew claiming the price is somehow guaranteed to go to $400k is completely nonsensical. If the money supply in dollars doesn't expand drastically, it's entirely possible the nominal value of a bitcoin may have already peaked out. Why would it go higher when transaction validators are designed to centralize giving bitcoin no reason to exist and no fundamentals in the first place?  |
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when the price suddenly and unexpectedly stops going up
In the dawn of this new hyperborean era, who will be next to be chopped down by the savage sword of r0ach the barbarian. |
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This last of the v8 fool is ALWAYS shilling for this crooked Bitfinex exchange. Everyone and their mom knows the exchange is a criminal fraud, yet he pretends like it's legit.
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The spread between the fake exchange Bitfinex and real exchanges like Bitstamp was $70 or something before the artificial rise. After the artificial market rigging upwards, the spread between the fake, criminal exchange Bitfinex and Bistamp is now $104. As usual, it's ALWAYS the fraud exchange Bitfinex attempting to artificially rig the market up. The widening of the spread just confirms it. Why the fuck is there a constant $70-$200 spread in the first place?  ? Oh yea, because no actual arb takes places because Bitfinex is a fake exchange that doesn't even have a valid dollar trading pair. The only reason for Bitfinex's existence is to try and conjure an artificial value for bitcoin out of thin air. |
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I don’t understand how basic stuff like not polluting rivers is the craziest thing you have ever witnessed. And not sure why it would lead to the downfall of the USA. But ok.
It really is a shame that communists cloak themselves in these sorts of good intentions because we all want clean air and rivers, obviously, only a psycho wouldn't. It's such an effective trogen horse for them because it's obviously a good thing and it's very difficult to imagine how to accomplish it without empowering the state. So if empowering the state is your aim it makes a lot of sense to ride in the Trojan horse of environmentalism. It's kind of an all communists are environmentalists but not all environmentalists are communists sort of thing... (of course not literally all, just almost all) He's a kike. This is how they operate. "By way of deception thou shall make war". He even pretends communism is an actual thing instead of simply being a Jew scam to centralize all wealth and power and then steal it all and rule over everyone as slaves. |
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Waiting for your answer to my post.
The answer to your post is, there's lots of people who make believe they're rich when they really aren't because they have no way to control or defend their assets against the other 99.9%. Hell, much of their assets rely on the 99.9% being able to purchase their goods but they can't. It's just a system of phantom wealth everywhere. In the end, the only wealth you have will be what you can hold in your hand and defend with a Natzee Luger, or what the consensus of your neighbors agree is yours. There will obviously be massive redistribution and pillaging whether people want to believe so or not, or pretend they can avoid it. No, non-fungible shitcoins are not in any way a benefit over metals in this, especially when your balance and account history is sitting right out in the open for the entire world to view it. The so called "elite" put their money in private trusts to try and avoid things like this, confiscations, and turn their account balance and transactions opaque. A non-fungible shitcoin is a step downwards in that regard. If the world went Venezuela or simply Joseph Tantor style reduction in complexity and is mostly based around barter or whatever, digital shitcoins are not going to be of any value. It will be physical metals ruling with an iron fist, so there is no lame shitcoin pumper talking points like "but muh shitcoins are easier to hide!". You continue talking about gold vs. shitcoins when we're already past this topic. I agree that in the end, your wealth is what you can hold and own physically. I doubt that in the world where this fact is true gold will be the king. I'd rather own all the food that people need to exist and distribute it the way I want over owning a shiny piece of metal which is used 50% of the time for shiny pieces of shit that the brainless (in your opinion) women wear ( https://www.statista.com/statistics/299609/gold-demand-by-industry-sector-share/) You kinda miss the point that the odds of retaining your wealth while it's stored in metals is higher than that of owning a chain of grocery stores or food supply chain. Without highly effective martial law on every street corner, your grocery store and everything else will probably just be an empty building, so how is that a great investment? You might even lose possession of the empty building too. Your entire train of thought requires faith in and effectiveness of martial law. Gold is probably the biggest scam in the World so far. I wonder when it will also burst? I'm in silver myself, but anyway, the value of imaginary, centralized, valueless digital tokens is zero, so if you consider gold "the biggest scam in the world", then imaginary, digital shitcoins are the biggest scam in the world squared. Humans have an actual use for physical commodities. They have no use for fake, imaginary ones. |
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Waiting for your answer to my post.
The answer to your post is, there's lots of people who make believe they're rich when they really aren't because they have no way to control or defend their assets against the other 99.9%. Hell, much of their assets rely on the 99.9% being able to purchase their goods but they can't. It's just a system of phantom wealth everywhere. In the end, the only wealth you have will be what you can hold in your hand and defend with a Natzee Luger, or what the consensus of your neighbors agree is yours. There will obviously be massive redistribution and pillaging whether people want to believe so or not, or pretend they can avoid it. No, non-fungible shitcoins are not in any way a benefit over metals in this, especially when your balance and account history is sitting right out in the open for the entire world to view it. The so called "elite" put their money in private trusts to try and avoid things like this, confiscations, and turn their account balance and transactions opaque. A non-fungible shitcoin is a step downwards in that regard. If the world went Venezuela or simply Joseph Tantor style reduction in complexity and is mostly based around barter or whatever, digital shitcoins are not going to be of any value. It will be physical metals ruling with an iron fist, so there is no lame shitcoin pumper talking points like "but muh shitcoins are easier to hide!". You continue talking about gold vs. shitcoins when we're already past this topic. I agree that in the end, your wealth is what you can hold and own physically. I doubt that in the world where this fact is true gold will be the king. I'd rather own all the food that people need to exist and distribute it the way I want over owning a shiny piece of metal which is used 50% of the time for shiny pieces of shit that the brainless (in your opinion) women wear ( https://www.statista.com/statistics/299609/gold-demand-by-industry-sector-share/) You kinda miss the point that the odds of retaining your wealth while it's stored in metals is higher than that of owning a chain of grocery stores or food supply chain. Without highly effective martial law on every street corner, your grocery store and everything else will probably just be an empty building, so how is that a great investment? You might even lose possession of the empty building too. Your entire train of thought requires faith in and effectiveness of martial law. |
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