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221  Economy / Economics / Re: The markets are rigged on: December 30, 2018, 10:35:49 AM
Yet short after, people were trolling by sending coins there with messages. So if governments have control of Bitcoin, why are they being made a mockery instead of blocking these transactions? exactly, because they can't do shit about it, proving it is decentralized.

You made several good points in your reply to the other message, but I'd just like to ask : couldn't the people sending money to these addresses be held liable in the US?

If people are caught trolling sanctioned BTC addresses wouldn't the US government simply consider it some form of complicity?

I find it kind of amusing that people would troll the govt like this using the power of cryptos to send money anywhere, but when cryptos are finally regulated wouldn't this be considered illegal?
222  Economy / Economics / Re: US markets have 2nd biggest pump in history on: December 30, 2018, 10:31:56 AM
Losing 50% of yesterday's gains (WTF?) today.

If this isn't classic pump and dump, nothing is.

200+ trillion dollars in debt printed by the FED. Inexistent value, money printed for bankers who will never pay it back, ever. It's impossible to pay 200 trillion U$.

The markets are rigged.

I can't agree that 200 trillions USD are printed.It's way less than 200 trillion,but with fractial reserve banking,the banks can multiply it to 200 trillion.Anyway,the system is just rotten.It's ridiculous to know that the markets depend so much of the FED or rumors that FED's chairman being fired or not.

Good point about fractional reserve.

It's even worse than the FED printing all that money (which would be insured by the FED), it's private banks emitting debt based on money that doesn't even exist!
223  Economy / Economics / Re: Rigged markets: Only the FED can save the stock market on: December 30, 2018, 10:30:51 AM
Stop QE:
I can't wait for the next financial crisis since it means that I can buy cheap assets.

More QE:
I can't wait for the next great depression since it means that I can buy cheap assets.

Me grab a cup of popcorn and prepare for the shit show.

And, just as you implied, the markets depend on QE. The FED controls the markets.
224  Bitcoin / Bitcoin Discussion / Re: Bitcoin stolen. Electrum exploit / phishing on: December 29, 2018, 11:19:22 PM
I read this yesterday on reddit, this is pathetic, this is part of why many still fear investing in Crypto. My question is how do we keep this community from hackers or make it more difficult for hackers. I believe the hackers wallet should be monitored and possibly trace for a possible final sell-off regardless of the time frame.

Hackers wallets are monitored. There are several projects doing that.

What are the hacker addresses?
225  Economy / Economics / Re: The markets are rigged on: December 29, 2018, 10:38:44 PM
Have you ever considered inflation?
You've got to be joking, you shitposter.  Obviously you haven't read this entire thread or even all of the first page, where I mentioned it and made it a sticking point for this entire thread.  You're a great example of why things can't be discussed in Economics reasonably, because it's not a discussion, it's a shitpost-a-thon.

We discussed a inflation compensated chart on the previous page.
We did indeed discuss it, but I think you didn't draw any conclusions from it and have gotten some basic points wrong, like what the slope of a line is.  I've been trying to get people who know math, economics, and TA to respond here but it seems like everyone is off in their own little world.  I've even been enticing them with merits in this thread, yet I still haven't gotten any explanations that give me a much better understanding of the math behind all of this.

Again, just look at the FED debt balance sheet and the stock market curve.

They're nearly identical.

A few words from the FED the past few weeks were enough to crash the markets.

The FED controls the markets. That's the whole point.
226  Economy / Economics / Re: The markets are rigged on: December 29, 2018, 10:05:42 PM
Have you ever considered inflation? Because inflation is a factor for price increase and it should be remove to know weather the value of that asset is increased or not. Since the chart you show to us doesn't have those consideration then your statement is not 100% reliable. We can say that the market is still a chaos.

We discussed a inflation compensated chart on the previous page.

Note how similar it is to the FED debt balance sheet.
227  Economy / Economics / Re: Rigged markets: Only the FED can save the stock market on: December 29, 2018, 02:48:16 AM
FED can definitely save the stock market but at what cost? I mean does it really worth to save the stock market at the expense of the inflation and economic troubles in the long run? You can save the stock market on the short run but than you are making dollar less valuable, when a stock worth 100 dollars goes down to 90 dollars that is bad but when FED prints out money and makes the stock worth 120 dollars that is not instantly good because that 120 dollars is actually worth the 90 dollars after inflation adjusted.

Hence, there is no point of FED printing out money or even caring about the stock market, what you do not see is that all companies are responsible for their own actions so if a company gets bankrupted and goes belly up I am sorry but there are other people who are willing to start business and make it bigger, that would be better for the economy than supplying a failed one.


Inflation doesn't happen if the money never reaches The People.

That's their end game. They don't really give a flying $$$$ about anything else.
228  Economy / Economics / Re: Rigged markets: Only the FED can save the stock market on: December 28, 2018, 01:18:59 PM
Printing more usd will make it even crash deeper.
This is reason why those market can be so bad and so the 2008 crash will probably happen again. Once they go into Blockchain its going to gradual to head to the adoption. This is where it should be going, the paperless and crypto adoption.

They've been able to push a new 2008 farther and farther into the future by printing more money and generating debt for future generations.

It's a ponzi.



They won't be able to keep saving it. At some point the USD will reach the point of no return when people actually wake up and start dumping it to buy goods, metals, crypto, whatever they can just to get rid of the dollar. At this point it will be too late for you to do anything if you are still a dolar holder at that point. Market crashes come suddenly and hit fast. One day it's all fine the next it's people standing in lines in front of their banks, and all ATMs are empty. You wake up, watch the news, and it's all in chaos.


It won't be people that trigger it, it will be countries or banks, the US owes so much in debt to many countries, mostly they're just allowed to renew it for some more time and pay a fee but if this starts to change then the US will have to print more money just to pay their debts and hyper-inflation will ensue.

Notice how they're desperate about profits and corporate growth? If exponential growth stops, the whole system collapses.

World debt is sitting at over 200 trillion dollars right now. The truth is nobody will ever pay this debt.

The FED is cutting a few trillion U$ in its balance sheet, that won't make a dent. World debt is over 10 times multiple of USA's GDP.

Either they'll start a war or cause some other calamity in order to be able to "forget" this debt under some new Bretton Woods agreement.

229  Economy / Economics / Re: Where to sell for cryptocurrency? on: December 28, 2018, 11:32:55 AM
OP you will likely have to sell your land for fiat money and then exchange that for cryptos.

I don't know how your legislation works, but where I'm from the notary will only register the land in someone else's name if they can provide full banking proof of payment.

Banks will not emit this proof in cryptocurrency.

Therefore if your system is anything similar, then you'll need to finish the transaction in fiat and then buy Bitcoins.
230  Economy / Economics / Re: Rigged markets: Only the FED can save the stock market on: December 28, 2018, 11:28:50 AM
No president wants to deal with the bad press that would come with letting the markets fall by it's own weight instead of inflating balloons to keep it from crashing into the ground as all presidents have done.

But if there is someone crazy enough to do it it could be Trump. He basically has two options:

1) Keep going with the QE's, "save" the stock market, but get critics by the ones that know what's going on.

2) Let markets crash by avoiding more QE's, blame the FED, make it clear to the public that the FED is a pretty obscure thing and work from there.

But let's not get too excited. Trump is most likely another Zionist puppet, so he isn't going to actually do nothing other than some controlled dissidence to keep the Alex Jones fanboys happy.

Agree 100%. IMO Trump will go with number 1 to get reelected. If he does indeed take on the FED he'll go down as the bravest American President ever. Nobody fucks with banks.

no way. trump aides have been confirming the FED chairman's job is safe. trump seems to be backing down; it's a fight he can't win. this is just a dog-and-pony show, a spectacle. trump is just scapegoating like he always does. he constantly makes a spectacle out of blaming others to avoid being blamed for anything (in this case, poor performance in the markets).

the markets have staged a decent recovery so far. i'm guessing that was the climax of FUD for a while.

I'm keeping my hopes up that Trump can at least bring public attention to the FED. If more people become aware of the FED's existence and what the FED really does then maybe in the future The People will do something about it.

The global financial world is screwed.By the way,the FED must print more dollars in order to pump the crypto markets as well.We are kinda screwed,but there is a way out of this.It's called mass crypto adoption.
FED is the god of the global finance and economy.Nobody can touch them.

You're absolutely right. The way to get crypto to fix the current financial mafia system is to get widespread adoption. We need shops, gas stations, landlords and other daily necessity providers to accept cryptos. Then things will begin to shift.

I also think the only way out of this current situation will be for them to print even more debt and screw us even more. Millenials and later generations are screwed, they'll work 20X more than earlier generations just to make up for the monetary theft by bankers.
231  Economy / Economics / Re: The markets are rigged on: December 28, 2018, 11:19:45 AM
Sorry to say this, but your points are not proving anything.

Maybe you should provide some logical/factual/data-based arguments instead of just blanket dismissing everything I posted?

And by the way how do you know that the US is printing money all the time to artificially pump the market or however you’re putting it?

It's not me "putting it", it's real and it is called Quantitative Easing.

https://money.cnn.com/2018/07/31/investing/stocks-market-federal-reserve-qe/index.html

https://www.investopedia.com/ask/answers/021015/how-does-quantitative-easing-us-affect-stock-market.asp

You don’t just print money, cause printing money makes inflation worse.

Yes the FED does "print money".

You need to read about it, and I also disagree with you.

Hmm ok.

232  Economy / Economics / Re: The markets are rigged on: December 28, 2018, 01:21:36 AM
How would making a huge profit be out of reach for me if I bought an index fund in 1989, which is where your "linear" graph begins?

Because your money source and theirs are different.

When the resources finally reach you so you can invest them, you've worked for it and so on. By that time they've already bought the markets cheaply.

You make a few hundred percent in a lifetime of disciplined investing. They make a few hundred percent in a year (or much less, in some cases even overnight).

I'm going to hold off on posting anything else until I lure someone smarter than me here to look at what we're both saying.

This is what I picture you doing right now: "Ahoy there Cotton Eye Joe come over here take a look at this foreigner, sayin our good ol FED's all rigged up. You gotta problem boy?"
233  Economy / Economics / Re: Rigged markets: Only the FED can save the stock market on: December 28, 2018, 01:06:10 AM
They won't be able to keep saving it. At some point the USD will reach the point of no return when people actually wake up and start dumping it to buy goods, metals, crypto, whatever they can just to get rid of the dollar. At this point it will be too late for you to do anything if you are still a dolar holder at that point. Market crashes come suddenly and hit fast. One day it's all fine the next it's people standing in lines in front of their banks, and all ATMs are empty. You wake up, watch the news, and it's all in chaos.




Judging by what we've seen in the past few weeks, especially the past few days, the volatility is just crazy.

Also how Trump is publicly taking on the FED is unprecedented in US Presidents history. Is something big about to happen?
234  Economy / Economics / Re: The markets are rigged on: December 28, 2018, 12:41:40 AM
And again, if the market is "rigged", it seems that everyone should be able to take advantage of that by buying index funds.

That's the catch. It's out of reach for you.

You don't have access to this bonanza because you're not a beneficiary of the nearly free printed money.

The big banks receive the cheap loans from the FED, those are the only people who can benefit from this system.

These folks:

https://www.forbes.com/sites/steveschaefer/2014/12/03/five-biggest-banks-trillion-jpmorgan-citi-bankamerica/#7c11354bb539

Or these:

https://www.theguardian.com/inequality/2017/nov/14/worlds-richest-wealth-credit-suisse

If the cheap FED money were available for everyone to benefit from, you'd get price inflation. The secret to all this is to keep all that money out of our reach.
235  Other / Off-topic / Re: Is it allowed to give merit in my own post on: December 28, 2018, 12:05:29 AM
‘come’ by.

I see what you did there!
236  Other / Off-topic / Re: How did you get to know about bitcoins on: December 28, 2018, 12:02:39 AM
A friend introduced me in 2012 or so.

He bought thousands of BTC then, I didn't. I thought it was crazy.

We lost contact and I always wondered whether he was a multi-millionaire by now.

Just a few weeks ago I got word that he sold all his BTC when they doubled in price. At least that's what he told everyone around him  Undecided
237  Bitcoin / Bitcoin Discussion / Re: India May Legalize Cryptos But Under ‘Strong’ Rules: Report on: December 28, 2018, 12:00:13 AM
These rumours have been floating around for months now.

It's practically impossible for India to keep Bitcoin banned. What they're likely doing is just delaying mass adoption while they implement taxation over BTC.
238  Other / Politics & Society / Re: Putin is a criminal on: December 27, 2018, 11:58:16 PM
Considering his time in the KGB I'd be shocked if Putin wasn't a murderer, too.

Sure but to be honest we could probably question this from any military profession anywhere. If people saw combat somewhere, then there's a chance they may have killed someone.
239  Economy / Economics / Re: What will happen to Bitcoin if there is a global economic crash? on: December 27, 2018, 11:56:08 PM
If a worldwide economic crisis makes people start to send each other bitcoin to pay for stuff, then maybe there's a chance we can escape the banking ponzi scheme we're all living under.

All it takes for Bitcoin to become worldwide currency is for landlords to accept it as payment, food stores, restaurants, gas stations. Soon as everyone starts accepting Bitcoin for payments, the government will need to adapt.

For the time being people are still locked up in the fractional reserve banking ponzi scheme. Everyone works their entire lives for bankers.
240  Economy / Economics / Re: Is cryptocurrency help to expand the world business? on: December 27, 2018, 11:53:57 PM
Cryptocurrencies will surely help the world to increase its economic activity but we are going to need a change in the way people think about money before the revolution

People need to understand the FED ponzi scheme.

If people understand that they work 9-5 for 40 years just to make up for the FED freely printing money for their banking buddies while 99% of the world works for them nearly for free, that's when the value of a fixed inflation currency will appear.
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