^As you can see, this Last of the v8 guy doesn't give a flying shit about what's true or false.  Instead of defeating the Jew banks, his only goal is to attempt to pull a Judas and sell out humanity for whatever pocket change he can get.

To be a "store of value" requires being a non-perishable physical commodity, not an imaginary token, fake commodity.  When a rainy day comes around and you need some monetary liquidity, there is zero guarantee anyone will want or accept an imaginary, fake commodity.  On a long enough timeline, it's guaranteed they won't.  The Aristotle argument on money is correct and Plato and John Nash are wrong.  

Plato was so horrifically wrong, he might even be one of the first well known Jew banker shills - a Hamiltonian.  Due to this obvious blowout in fundamentals, it's 100% guaranteed the invisible hand of the market causes physical metals to demolish imaginary digital shitcoins in the long run.

What about a 100% bitcoin retracement

Oh yea, and another issue with Corncube I have.  Yes, John Nash believes "ideal money" is an imaginary token of no value, but John Nash also forgot to mention to you that he's mentally insane.  His brain is not capable of analyzing actual human wants, ideals, and behavior, or things like Maslow's Pyramid, so his only way to comment on any subject at all is to attempt to distill every variable down into a clean room math problem.  In other words, "ideal money" is not an imaginary token of no value, it's just what his brain WANTS the variable to be so he can turn it into a math problem.

In the real world, humans value things based on their actual usefulness, so something that's completely imaginary of no value makes zero sense in that regard of standing any type of test of time.  Any imaginary token based on artificial scarcity is guaranteed to start at zero and return there in other words.  How is that "sound money"?  That's the most unsound type of money possible.  

Really, since money is a way of transferring some sort of real value (not fake scarcity or imaginary value) from past to the future, it's main two traits needs to be non-perishable along with some sort of valuable use case for humans. I'd classify silver and copper as better forms of money than gold in this case, but gold still has it's uses.  To sum it all up, the arguments of Aristotle on money are correct and both Plato and John Nash are wrong.

Corncube, stop trolling.  Nobody that actually has money wants to convert that money into centralized, valueless, imaginary tokens.  Anyone that already has money is going to buy real commodities like physical gold and silver instead.  The only people who have any interest in shitcoins are broke people who make believe bitcoin is some type of lottery ticket where you buy one and it's somehow going to make you rich.  

The problem you face is the bitcoin market cap is already enormous - higher than above ground physical silver - so the whole bullshit "buy this thing because it's a penny stock with big upside!" narrative implodes.  Transaction validators are designed to centralize in every shitcoin so they have zero fundamentals.  There's no Schelling point.  And it's a fake commodity, unlike physical metals, so even if you hoard all 21 million shitcoins, the rest of the planet can completely ignore you and you have zero power at all.

The only type of market where artificial scarcity has any power is when the govt prints up their bogus fiats and forces you to use them at gunpoint.  Without coercion, anything based on artificial scarcity (FAKE commodities) implode because everyone subconsciously knows make believe items have no value and the invisible hand of the market funnels everyone back to real ones - physical metals.

Anyone else notice Toxic2040's charts are employing so much bogus witchcraft the screen isn't readable at all?  Then after going through all this effort, he doesn't even attempt to make an inference as to what the market is doing? It's like his only goal is to create the world's most ugly chart for no reason.

JayJuanGee, are you retarded?  I am the originator of this theory.  People like that guy named "Bitfinexed" came WAY after me.  It's even posted on a damn blockchain.  Do you see the date?  It says "3 years ago".  That's how you can tell I was correct, because so many people came after me all with similar conclusions:

https://steemit.com/news/@r0achtheunsavory/bitfinex-is-lying-about-the-hack-and-i-can-tell-you-exactly-what-likely-happened

And a followup post to that one where you can see the insanely scammy bid and sell sides on Bitfinex after it came back up from the supposed "hack".  You can EASILY tell the price there is controlled by a single entity in the screenshot on this post and that entity likely has connections to the people running the exchange because nobody else would store money there after their fake hack:

https://steemit.com/money/@r0achtheunsavory/the-r0ach-report-vol-3-bitfinex-scamming-intensifies-and-more-on-the-silver-and-gold-markets

What about if the r0ach hypothesis of the market is accurate, then is it bearish?  That a single entity on Bitfinex has controlled the price all the way from $200 to $20,000 and I'm leaning towards the identity of that entity being Bitmain.  If the identity of this entity was Bitmain and Bitmain implodes, bankrupts, or has no money to pump it anymore, then how is bitcoin going to be artificially manipulated to a bazillion dollars each with no Bitmain to rig it there?

This is bullshit though because you have no way of knowing if the same person owns multiple pools or not, or if a cartel of different actors all colludes together even if they aren't the same people.  Just like the current banking system for instance.  People that have studied the topography of the traditional banking network claim there's not multiple banks but just a "one bank".  So the traditional banking system already does this obfuscation, which designed to centralize bitcoin will inevitably do as well.  

This is one reason bitcoin DOES NOT solve the Byzantine generals problem.  You can theoretically have 10 different shell pools all owned by one guy or cartel and be under 51% attack 24/7 with nobody able to verify if it's true or not. The burden of proof isn't for others to prove bitcoin is centralized, it's for bitcoin to be able to prove it's not, but it has no possible way to do so.  Just the act of double spends not occurring proves nothing.  It can still be a monopoly the entire time.  Centralized transaction validators having the ability to blacklist transactions (permissioned ledger) is just as big of a problem as double spends anyway.

There's a pretty big divergence in the money changer powers going on.  You have Twitter fucktard, Marxist Jew servant Jack Dorsey telling people bitcoin is the greatest thing ever, while Alex Jones said today (2/6/19) that bitcoin "is a scam".  Alex Jones used to have a lot of truth on his show, but has since reduced the truth levels significantly and now tells blatant lies like "the Chinese run the media and Hollywood".  No, Alex Jones, the Chinese do not run the media and Hollywood.

It's pretty obvious to any non-retard that both Dorsey and Alex Jones are constantly shilling and covering up for Jews 24/7, yet each one is taking a completely opposing stance on bitcoin now.  My personal theory about Jack Dorsey would be that he has more technical knowledge than Alex Jones and the reason Jack Dorsey is hyping mostly Lightning Network and not even bitcoin is that he knows the Lightning Network will be just like I said - a permissioned ledger recreation of the already existing banking system on the blockchain.

So assuming these fucktards can force Lightning Network on people somehow, it's essentially the already existing banking system while accomplishing their eternal goal of removing the human right of physical cash.  There is no winning with digital shitcoins; they will all be transformed towards evil goals like this resembling the Chinese social credit score system.  The only logical move is to boycott all of them and use physical metals instead.

I am dumping all of my JayJuanGee shares.

^I would not put ANY stock in the 200 WMA one way or another - either bullish or bearish.  In the time we speak right now, bitcoin is nothing but a dollar derivative.  Is the global macroeconomy and everything else the same right now as it was in the past?  No.  Any large macroeconomic change or sentiment would invalidate whatever the reverse looking 200 WMA says.  Looking at simple moving averages as some type of holy grail indicator is noob trading 101.  And that's what that Masterluc guy was attempting to do the other day, which should tell you he currently has no clue what's going on.

It appears no black people actually believe the CNN Jew hoax, Jussie Smollet "MAGA attack" false flag actually happened:

https://dailystormer.name/what-are-black-people-saying-about-the-jussie-smollett-maga-country-attack/

Each and every black person that saw this thought to themselves, "Hmm, when is the last time I was walking down the street and had white people who were not cops attempt to harass me in any type of manner.  Oh, that answer would be zero.  White people who are not cops are typically trying to avoid black people at any chance possible".

^You're not a war time consigliere, Bitserve.  This is a war.

Let's assume a Mad Max financial event happens.  Would you prefer to be:

A)  In the Elwar death trap in the middle of the ocean

B)  In a boat or plane and ride to wherever the least fucked up place is

C)  Assuming everywhere is fucked up, staying on land

D)  Assuming everywhere is fucked up, staying in a boat parked at a remote island, in a river, inlet, whatever

As for this Elwar floating death trap thing.  He said that he AND some type of woman would be living on it together.  I just don't see that working (assuming the structure doesn't collapse and kill everyone somehow).  The size is pretty small and seems only viable - again, if it doesn't sink - for one insane male hermit.  Unless this woman is from some type of primitive tribe, no woman on earth is going to willingly live in that.  It's pretty small even for one guy.

Of course he's not black.  If the average "African American" is 65% African, 29% European, 2% Indian, that's mixed race.  He's a MULATTO, a quadroon, whatever you want to call him.  Depending on how those genes are expressed, or not expressed in each individual, he could literally be some type of magic negro with virtually all white traits besides a few token attributes.  You can't compare whites vs blacks using a 65% black 29% European as a control variable.  You need to compare some guy named Hans from Finland vs some guy named Tyrone from Nigeria or the Congo who is 100% sub-Saharan African.

I don't think Bob should be allowed to pretend like he represents the aggregate of black people.  For one thing, he posted a picture of himself on here and you can CLEARLY tell he's NOT 100% black.  He's barely above Michael Jackson in darkness.  You can't say "I'm a relatively intelligent person and I'm black!" when you're clearly mixed ancestry.  

Just look at the following stat:


All accepting claims like this from Bob at face value does is legitimize the idea importing a trillion Somalians or Congoloids who can't even read after spending a billion dollars each trying to force them to.  Anyone who went to public school can tell what's going on.  Some of the black kids are completely illiterate even in middle school and high school and unable to learn anything, while some others seem to do alright; not fantastic, but 'okay'.  If you mapped their genetics, it's probably the ones with little or no white genes having these major problems.

So why is it you spend 24 hours a day shilling for a non-fungible, designed to centralize, dystopian govt tracking and control system with built-in rent seeking middlemen inferior to physical metals?

Nice try at pretending to have any type of moral high ground (the usual scumbag leftist strategy), but your argument relies ENTIRELY on the false pretext that bitcoin is a perfect system created by god himself to 'free humanity' and anyone who opposes it is the devil.  In reality, by any objective metric, there is no possible way to categorize bitcoin other than failed project or govt trojan horse since transaction validators are designed to centralize, giving it zero fundamentals and no reason to exist.

You are in fact a common tard blinded by greed and spamming lies about how great bitcoin is to try and lure other people into it for personal gain.  Like most people on this thread, you have spammed these lies about decentralization and other nonsense that doesn't even exist so many times you started to believe your own lies and now even pretend supporting bitcoin is some type of morality test.  If there's any 'perfect' system created by God to facilitate fair trade between humans, it would be, you know, the thing 'God' actually did make - physical metals - and not a completely arbitrary, centralized, govt tracking system known as bitcoin that has built-in rent seeking middlemen who you must pay a ransom fee to and ask permission in order to transact.