Btw. Im pretty sure marx would go all in crypto if he would live today.
And also capitalism is not the reason we have the internet.
Say thanks to nuclear warfare.
He wouldn't because he is a leftie. Look around, even in this very thread. How's the distribution? Other than Harry and yogi and maybe a few others, everyone is some shade of right. Even Bob the black gay cowboy. The Dems response was that Bitcoin is/was "too Libertarian" and based on "Ayn Rand Schtick". And yet not one liberal Bitcoin proponent in their camp batted an eye at that condescending Globalist posturing. Not one called them out on it. They can rightly go fk off.
|
|
|
The MSM always, ALWAYS, has a completely made up bullshit reason for any rise or drop in Bitcoin. The whales send them fake news to publish at a moment's notice. The MSM has even been caught red handed publishing an article minutes *before* the actual event happened. It's all fake FUD.
|
|
|
Hey look, BCash is not only centralized and permissioned, but has a CEO too!
|
|
|
Why are you guys surprised?
Look at the charts, it's the same whale shorting that started the mad pumping on 4/11.
He/They are running out of ammo. We'll probably hit ~7k and bottom there. Then sideways for what seems like forever. Months and months.
"Sell in May and go away."
|
|
|
I actually watched the Tonya Harding movie on an airplane (There weren't many choices at all). It was actually not bad.
As for "white collar criminals"? If there was a victim, then ya...
A movie about Harvey Weinstein coming to a theater near you. It'll probably star a fat Ben Affleck, since he was so chummy with him anyway. Ol' Harvey will have his old job in Hollywood back in no time. And a stint on Dancin' With The Stars.
|
|
|
Bitcorn is dead.
|
|
|
Clearly based on the price, people the world over are buying pizzas today with bitcoin.
|
|
|
No worries folks! I took one for the team. Sold the hot wallet stash to add to my pm stack.So price will be heading north again shortly. JM Bullion accepts bitcoin, just not from Coinbase. WTF is that all about? Hadda move it to Electrum. PITA!! Oh well, now I got a shiny new Britania Gold coin to play tiddlywinks with. Can't do that with Bitcoin! Hey Roachy-poachy, did I do good? lol
Good on you. I don't think gold will stay under 1300 for long. What did you get, a 1 oz.?
|
|
|
The funny thing is, the corrupt elite banking establishment and Wall Street had fully planned to sell their overpriced corporate shares into the hands Average Joes as the economy fully recovered and was running strong again. About this point in time. Leaving the retail public holding heavy bags once again. Just like they did in 1999, and again in 2007. Then they would raise interest rates, crash the market, lower rates, money print and buy up all the cheap shares at the bottom once again. That's the only way it works for them, a repeating zero sum game.
Problem is though, their gambit didn't work this time. The economy never recovered like they hoped. Average Joe is not buying those expensive stocks. He ... now has his "eyes fully open" in terms of what Wall Street does, their lies and the games they play. Not only does Average Joe not want to buy those expensive shares this time around, he's hip to their game,
If your second quoted paragraph be true, Torque, that would be cause for hope for the future. But what evidence supports this assertion?If Average Joe was buying up stocks at retail left and right at this time, then U.S. corporations would have zero need for a huge tax cut/repatriation to massively buy back their own stock shares. But they desperately needed it to kick the can down the road. It's the only thing keeping the stock market propped up right now and it's all fake. http://www.businessinsider.com/tax-cuts-unintended-effect-on-company-spending-shows-economic-risk-2018-5They'll keep buying back their own stock shares until one of two things happen: 1. Economy recovers and Average Joe retailer comes roaring back into the stock market (ain't gonna happen) 2. Rising inflation forces the Fed to raise interest rates (definitely going to happen, it's happening now) They keep trying to bait Average Joe back into the markets, but it ain't working: http://www.businessinsider.com/stock-market-recommendation-goldman-sachs-says-biggest-worry-overblown-2018-5
|
|
|
You should considering buying more Bitcoin before doom happens.
Does Bitcoin gain during a credit contraction. In 2008 it was said Dollar would suffer but its value spiked quite heavily and that'd likely be inverse to Bitcoin then I think. To see a rise in BTC I think we'd need to see USD index, DXY falling or continuing to fall. Theres alot of uncertainty if that will happen but lower dollar also means higher oil price, USA does have alot more production now which is good but its also the largest consumer so higher pricing places a further burden on the economy. Bitcoin might fall some initially along with stocks. But if they fire up massive QE again and go back to ZIRP, Bitcoin will then probably go on the craziest bull run we've seen yet.
|
|
|
What's this credit cycle referred to in the image?
edit: i found it. supposed to be total industrial credit and loans as a percentage of US GDP.
...is this chart suggesting we're about to hit another recession, when, in the opinion of most of my friends we never recovered from the last one? oh joy.
mind you, "we" basically means "me" in this case, as in the friend or friends in question were in a better place financially before the 2008 housing bubble and have yet to return to solid footing. heck, i sure was.
Overall, it looks quite bullish (see blue line): Zoom out. There is a crash coming that goes well below the bottom of that chart. The funny thing is, the corrupt elite banking establishment and Wall Street had fully planned to sell their overpriced corporate shares into the hands of Average Joes as the economy fully recovered and was running strong again. About this point in time. Leaving the retail public holding heavy bags once again. Just like they did in 1999, and again in 2007. Then they would raise interest rates, crash the market, lower rates, money print and buy up all the cheap shares at the bottom once again. That's the only way it works for them, a repeating zero sum game. Problem is though, their gambit didn't work this time. The economy never recovered like they hoped. Average Joe is not buying those expensive stocks. He is now swimming in personal debt and barely able to service it, and now has his "eyes fully open" in terms of what Wall Street does, their lies and the games they play. Not only does Average Joe not want to buy those expensive shares this time around, he's hip to their game, and he's broke and has no money. Any extra money he might have would probably go to Bitcoin and PMs, not stock shares. Hell, I know guys that are now talking about completely liquidating their 401ks and never contributing to them again. So now Wall Street is REALLY fucked. They've lost the mind share of the public that they needed to continue their fraud game. That's why they are trotting out people like Buffett, Gates, and Munger to "reassure" everyone that the stock market is still the best way to go, and is still safe. "Fool me once, shame on you. Fool me twice, shame on me. Fool me three times, I'm a complete fucking idiot that deserves my fate."
|
|
|
I shit you not, I just saw a full video ad for this ICO pop up on Youtube https://repocoin.io/Unfuckingbelievable what a scam this is. Their so-called "use case" makes zero, absolutely zero, fkn sense. Not to mention no sense why it would have any tradable value whatsoever. How Repo Coin Works
1. Download our mobile app once its available and scan license plates in any public space.
2. If a license plate is tagged for repossession, an alert is sent to the app user, the lender and the vehicle recovery agent.
3. A recovery truck is dispatched, and the process to return the vehicle to the lender is immediately underway.
Are people this gullible?
|
|
|
The more I learn about TA the more I think it's all bullshit and not much different than astrology.
Hey guys, I think I found it. I'm Legion.
|
|
|
Strange! Is Theymos account stolen? Has he done this kind of shit before? Is this the biggest scam in crypto? WTF?
|
|
|
Now can we get on with doing the same for all the mETH heads and all the ICO shitcoin lovers?
The only ICO that isn't for a shitcoin is the HoweyCoins ICO that's endorsed by theymos and all the mods. It's officially registered with the U.S. government and SEC compliant. You are GUARANTEED PROFIT from your investment from it. Theymos himself made its announcement thread. https://bitcointalk.org/index.php?topic=3920469.0Invest all your Bitcoins in it, and if you don't have any money to invest get a huge loan. This is the bounty thread. https://bitcointalk.org/index.php?topic=4029040.0Theymos GUARANTEES PROFIT from it. Et tu, Theymos? This is a helpful campaign. https://www.investor.gov/howeycoinsHowever the thing that bothers me, is that even if an ICO has none of the things listed on that page it is STILL a scam. Period. It doesn't matter what the devs claim, or what the specific language "parameters" are. Trying to differentiate one from another doesn't matter. All ICOs are scams. Penny stocks are complete scams endorsed by the SEC. They are fraud. So are ICOs. Same thing with different name.
|
|
|
Heeeerrre's r0achie! Like every day. Sad.
|
|
|
|