yeah, empty highway=waste of resources, useless overkill  Yes but build it and they will come, right?? I mean, can't you see by the graphic the millions and millions of the unbanked all over the world flocking to buy and use BCash? It's revolutionary! The epitome of Satoshi's vision!! |
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Here's what happens when so-called financial experts say Bitcoin will fall:  Hodl. |
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Inflation update for 2018:
Welp, Uncle Sam changed the tax laws this year so that corporations will enjoy a one-time lower corporate rate to repatriate dollars held in their offshore accounts. Which means that boat loads of fresh dollars will begin to flood back into the U.S. next year.
Couple that with M2 money supply velocity still going nowhere, and a flood of new dollars chasing fewer domestic goods and services, and what do you get? Higher inflation.
So you better back up the truck on deflationary assets like Bitcoin, PMs, real estate, etc. You're going to need to offset that inevitable rise in yearly inflation that will be felt by 3rd or 4th quarter of 2018, and well into the next decade.
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By the way, in case anyone is wondering what to do in 2018.
Hodl. <drops mic>
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That's because everyone on Tradingview who trades crypto and follows supposed TA is full of shit. Like sheeple they all follow each other's TA, which has been proven time and time again to be a complete farce.
I hope they all open up mega shorts in the new year and get burned. It will teach them a lesson.
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You guys really want to know why XRP the bankstershitcoin is pumping?
Well I'll tell ya what I'm thinking... and if it turns out true, you heard it here first.
Conbase, that complete sellout of a fkn company, is most likely working on adding it. I have no proof or even so much as a rumor to confirm this. I came to this thought completely on my own.
But if you think about it, it makes perfect sense:
1. They've already made it known that they plan on adding more shitcoins to their roster in the future.
2. By hook or crook, Ripple is one of the top 4 coins on coinmarketcap.com and the only one in the top 4-5 that Coinbase doesn't currently allow the public to buy/sell or trade.
3. We've seen this type of insider trading crap with the whole BCash fiasco. So if they are working to add it, someone probably already leaked the news.
Not that it makes any difference, Ripple is still a complete centralized, premined scam token that I would never ever invest in.
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There is absolutely zero retail demand for "Ripple".
There is absolutely zero retail demand for many of the thousands of penny stocks out there, but many of them get pumped to the moon too. So? How is Ripple (or any other shitcoin or ICO token) any different? A: It isn't. |
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Funny how they pump 10 more Billion into Ripple and it goes up 25 cents. Such wow, that supply is ludicrous.
And who the hell is buying it? Crazy |
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Wow. Now that all the big whale traders are on vaca, it's hilarious seeing all the shitcoins massively pump again, as these are the only markets that the guppy traders can actually push around to try and make money.
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Haha, now this is choice. http://www.businessinsider.com/ethereum-founder-threatens-to-leave-if-the-crypto-community-doesnt-grow-up-2017-12Vitalik Buterin goes on a rant pointing out all that is currently wrong with the crypto world, as well as admitting what goals Ethereum and other cryptos haven't yet accomplished. But then he threatens to leave the Ethereum project because of it. Which inadvertently highlights another fallacy: how important he supposedly believes he is to the Ethereum project, or that a decentralized cryptocurrency should have ever had a CEO/Lead creator/developer in the first place.   Also, it's pretty ironic that the MSM want to use the analogy of Beanie Babies when referring to Bitcoin. But in the ETH world, the CryptoKitties dapp is literally a digital version of Beanie Babies reincarnate. But of course they don't say shit about that. |
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Torque.. you are sooo right. Worked my ass off for 20years putting 6% into my 401k like a good little minion. It's crap you can't touch without huge losses. Straight up 10% penalty unless I'm over 65 and on my death bed. Screw that junk. I actually cashed out and took the hit. Payed off every bill I had and put some in crypto back in 2015. Should have put more but being debt free was more important at the time.
I haven't regretted one bit cashing out of the system. Would have to work another 20| years to even think about having the same amount I have today from investing lightly in crypto's from 2014 to 2015. LOL
Yep, a 401k is an establishment created and endorsed scam perpetrating as a "legit investment vehicle". What they don't tell you about is how your money is locked up until you're 65 for a reason: so you can't touch it or get it out for 40 years. A complete fractional reserve system, where they skim off of the top of your supposed yearly earnings and reinvest it for themselves, charge you management fees and other hidden fees, and penalize you ridiculously for early withdrawal. By the end of 30-40 years you have way less than you thought you'd have, or even deserve. By then you're too old to enjoy it or complain. And because of high yrly inflation, the dollar amount you are left with doesn't buy shit. And all those mutual fund stocks that are part of your 401k portfolio? Yeah, those are 99% pre-mined and distributed to the 1%'ers before the company IPO launch. So as your and everyone else's 401k contributions are pushing those company stocks higher, the 1%'ers, who were already paper rich on IPO launch day, are just getting richer and richer at your expense. And hell, you don't even own the stocks. You are just leasing the IOUs for the stocks. |
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This illustrates how the impact of partial, incomplete MSM covering can influence the thoughts of even informed people. If my brother was more informed or understood the matter more deeply, he could be one formidable hodler. I hope to show him how wrong he was, one day when a big chunk of my stash goes to his children too.
Keep on doing your thing, Torque! Your lucid paranoia is appreciated here.
Thanks man, appreciated. Like you, only my SO knows about our involvement in bitcoin. We plan to keep it that way pretty much forever, and just tell the family that we "retired off our investments." Lol. It was interesting being at a recent family holiday party with family members who are Doctors, PHd's, commercial airline pilots, etc. and on paper we were the wealthiest people in the room by miles, while all of them were heavily in debt and had no savings. It's pretty telling when the MSM has convinced the public that Bitcoin is a scam and that the U.S. stock market is the safe way for them to build wealth, when the exact opposite is true. It's because if the public truly knew how Wallstreet works, how company IPOs and 401ks are structured to only benefit the 1%, and that you'll never build true wealth using instruments like 401ks (which 99% of the public heavily invests in), they would fully reject the traditional stock market entirely, and then the whole ponzi house-of-cards that took Wallstreet decades to build up would crumble overnight. |
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Ok, ok. I'm awake... And... Wrong about the price recovering by now. Good call torque.
It's not that Torque's paranoid. It's that they're out to get us! Nah, they're not out to get us. Because the idea of false flag events being perpetrated by the U.S. government against it's own people is absurd and nothing but conspiracy nonsense. https://en.wikipedia.org/wiki/Operation_Northwoodshttps://crowdsondemand.com/Just like everything negative the MSM prints about Bitcoin is 100% accurate and true. Because they're trying to save you from yourself, can't you see? No one that has ever put money into Bitcoin has benefited from it, just look at the 8 year chart. |
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Which such low participation in the market right now, I think we'll continue to drift sideways with some small up and down pumping going on. Traders will also continue to short and accumulate which may put some downward pressure on the market. The price action will be largely irrelevant until whale traders return in the new year. I don't anticipate seeing anything major happening in the market until mid- January or so. |
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15125. Bought thy Fucking dip! Unfortunately I believe we might retest $13-14k. Nailed it. |
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This fork bullshit is such a non-story because no one even knows about it, and no one cares.
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