Latest posts of: Polo7

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Bitcoin / Bitcoin Discussion / Re: Bitcoin legit or not

on: October 16, 2020, 12:53:09 AM

Yes btc is replacing oil and Gold now Norway oil all ready have btc as new backer for currency As Far I know btc will go now about 30k And then it will start volatility like 50-100k up and down its big now

Economy / Economics / Bitcoin will replace oil and Gold

on: October 16, 2020, 12:45:32 AM

Governments all around the World Secretly start using together with banks the bitcoins. Oil is done so They replace bitcoin instead of oil. The btc volatility might go like daily 50k-100k price Changes. Bitcoin will be instutionalized permanently. The Global market prices Liqutation postion will be fluctuated by Bitcoin price. I said this before but nobody didnt listen but now its here!!

Bitcoin / Bitcoin Discussion / Re: JPMorgan Chase bank backs Square's $50m Bitcoin investment

on: October 16, 2020, 12:40:48 AM

Quote from: TravelMug on October 16, 2020, 12:30:07 AM Quote from: buwaytress on October 15, 2020, 05:40:50 AM Quote from: Bitcoin_bullish on October 14, 2020, 06:11:34 PM There are more investment funds in Microstrategy as BlackRock and the Vanguard Group: These are all accidental holders now! Yep! They'll soon be looking at Bitcoin as the best-performing asset in their portfolio. Not sure how the Norwegian pension fund works out but it looks like almost all Norwegians have a stake in it, stacking those sats without even knowing. Lucky them, wondering when my country would follow suit;) https://norwegian-btc.fund/ Lucky them, , We can only wish that our country will follow suit as well. As for the news, I think it will bring more credibility again to bitcoin market, regardless of what JP Morgan has said in the past, and with this statement, they could influence more companies to at least reevaluate on how they are going to handle their assets as bitcoin could be a good options, specially that we haven't enter the 'bull run' yet. It means oil is done so the Norway will use bitcoin instead of oil to Back up their currency.

Economy / Economics / Re: Trump and imf boss want to print more money

on: October 16, 2020, 12:38:58 AM

Quote from: Hydrogen on October 16, 2020, 12:25:24 AM Quote from: Polo7 on October 15, 2020, 11:55:40 PM I guess that imf are interested about same things as Trump now Trump definitely shifted 180° on some issues. Trump previously backed hydroxychloroquine as the most cost effective & best treatment for corona virus. His stance shifted 180° when he stopped taking hydroxychloroquine as a preventive measure, and opted to be treated with remedesivir and regeneron instead. If Trump is pro IMF now. Its a 180° shift from Trump's previous stance where Trump demanded foreign nations pay their fair share of cost burden in the UN, NATO, WHO, IMF and everything else. The united states pays the largest share of funding those organizations, which trend towards pushing their own agendas which often are destructive for the US economy and job markets. Trump is business men and negotiator he all ready have turned fed and whole USA as big money printing machine. But its ok After boom there is crisis then Again good Economy then Again crisis and every time need to print more to pay Old debt but They can just erase all debt. Only Thing is that if this circle goes longer They have to be ready that new crisis are bigger then Old ones every time when one circle ends.... So They have to spend more on Security and Police budget to be avail to protect law and order coz every crisis... Have Bad influences to people lifes... And massive Civil unrests will Come more often as regular things on our lifes.... But hey USA have good Military who can deal with this easy... There will be maybe some unrests and protests... But then again They will just print more money and game is going on My advice is in this world just learn about economy game and take advanced of all of this coz all this will not going any better. Sure many people will go to protest but it will end up with strong Military taking over the situation.... Yea many will go grazy coz They can not cope with new order But all I say people better learn the Rules of the game Nothing will be changed and if you not Happy there is always enough trained Military and shouldiers who can follow the Trump order any time. So the World is Changing better go with the Flow I choose to go with Flow if I have to learn economical casino rules then I learn Coz there is no way I can Fight Against Military and no point even

Economy / Economics / I think hyper inflation not problem aml kyc helping and btc

on: October 16, 2020, 12:09:49 AM

I think the hyperinflation not a problem. The solution is crisis. I guess every year or so plus government can do debt forgiveness and complete restart. Universal income also Its just After 10 years crisis get use to it then Everything will start Again... The Fiat currencies are so great that Elite Don't have really Plan to kill Fiat currencies. Im sure the Trump and Elite like the World how it is. Also I Don't complain either the money printing makes cryptocurrency going up too. So I think the debt and this money printing is beneficial. And I think the Old way let it be... After 10years just little crisis then it will start like new game. They have now strong aml kyc Rules all over the World so They can track the money and too much money can be eliminated and inflation rate will be normal Again. Off Course people complain but this sysyem keeping capitalism going on and people with skills will just serve people who Got capital. And bitcoin will be just instutionlized. If you know the game you can be good Player in this Economic game.. Interesting times will start

Economy / Economics / Re: Can a new $2 trillion bill bring back the US economy to pre pandemic levels.

on: October 16, 2020, 12:00:31 AM

I think its not all They can bring more money if they want as the imf boss said thank God there is space in USA to print money " Trump is intetested about money printing also. But hey... The situation like that money Don't hurt us all the World need alad lot money now.

Economy / Economics / Re: Trump and imf boss want to print more money

on: October 15, 2020, 10:00:07 PM

Quote from: jaysabi on October 15, 2020, 09:46:59 PM Quote from: Polo7 on October 15, 2020, 09:23:22 PM Link: https://www.cnbc.com/2020/10/15/imf-no-doubt-that-crucial-us-fiscal-stimulus-is-coming.html Trump is real Business men good business style! Amd imf boss have style also about Money! Few Words: The IMF boss said that the impact of a U.S. stimulus package would be much-needed positive whenever it's introduced, adding that if it were implemented earlier it would "provide a boost to certainty and certainty is something we do need in this crisis." Negotiations between the Republican government and House Democrats have stalled over the amount of money that could be used to stimulate the U.S. economy. Earlier on Thursday, Treasury Secretary Steven Mnuchin told CNBC's "Squawk Box" that while he and President Donald Trump were committed to getting a deal agreed, "politics" may be getting in the way. He said the Democrats still wanted an "all or nothing" deal. Trump has said he would raise his offer above the current level of $1.8 trillion, with the House Democrats having passed a $2.2 trillion bill. Trump also tweeted on twitter:"Stimulus go big or go Home! " Imf Boss added on Thursday that there was still “a way to go with this crisis,” so room for fiscal support would be needed. “Thank God the U.S. has that fiscal space,” she said. This support wouldn’t just be necessary in the next couple of months but “down the road” — “so let’s see how quickly it would be deployed but I have no doubt it will be deployed because it is necessary,” she added. Trump is an idiot and he doesn't have any agenda passed doing whatever he thinks will buy him reelection or personally benefit his over-leveraged failing company. Trump's only care about stimulus is thinking voters will associate him with the money and then vote for him. That's the only reason he wants to get it done. He doesn't care about regular people. Hell, he barely cares about those close to him except what they can do to benefit him personally. Good businessman? Nah. Trump seen that stock market down and quick fix stimulus will it up Again. So there is tradion in USA at least Trump have to keep stock market up then if anyone out of USA will look the stock market... See the Green the USA is doing all right then the economy must be good then if the stock market is up. But its not just Trump the imf think that USA have space more to print money

Economy / Trading Discussion / Re: Trading is new occupation

on: October 15, 2020, 09:56:37 PM

Quote from: BitMaxz on October 15, 2020, 09:50:26 PM How people will work if they are going to lose something in the end? Trading is far to become a job because you need to invest and it depends in your move if how you can make a profit. A job should be stable with salary(Bi-weekly or monthly.) it's different on trading. Trading is more likely the same as business because you invest and make profit but business is way more practical option because if you success in business your profit may become stable unlike trading. Trading is only good as a hobby or sideline to make an extra profit but don't focus on this if you are looking for a living you must focus on looking for a real job and make trading as your another source of profit but it's not 100% that you will always make a profit it's still depends in your strategy. Maybe there are some people who can live with trading and treat it as a job but I think those people already have many experience and big investments in trading where they can trade even a small movement of the price. So if you don't have such a big amount you can't able to make a good profit in the short period of time and it may even lead to losses(from fees as sample). I Don't know but I seen people who do trading as Job and all with leverage. I guess the profit margin is so good then the losses Don't scare them. But sure Long years of experince

Economy / Economics / Trump and imf boss want to print more money

on: October 15, 2020, 09:23:22 PM

Link: https://www.cnbc.com/2020/10/15/imf-no-doubt-that-crucial-us-fiscal-stimulus-is-coming.html Trump is real Business men good business style! Amd imf boss have style also about Money! Few Words: The IMF boss said that the impact of a U.S. stimulus package would be much-needed positive whenever it's introduced, adding that if it were implemented earlier it would "provide a boost to certainty and certainty is something we do need in this crisis." Negotiations between the Republican government and House Democrats have stalled over the amount of money that could be used to stimulate the U.S. economy. Earlier on Thursday, Treasury Secretary Steven Mnuchin told CNBC's "Squawk Box" that while he and President Donald Trump were committed to getting a deal agreed, "politics" may be getting in the way. He said the Democrats still wanted an "all or nothing" deal. Trump has said he would raise his offer above the current level of $1.8 trillion, with the House Democrats having passed a $2.2 trillion bill. Trump also tweeted on twitter:"Stimulus go big or go Home! " Imf Boss added on Thursday that there was still “a way to go with this crisis,” so room for fiscal support would be needed. “Thank God the U.S. has that fiscal space,” she said. This support wouldn’t just be necessary in the next couple of months but “down the road” — “so let’s see how quickly it would be deployed but I have no doubt it will be deployed because it is necessary,” she added.

Economy / Trading Discussion / Trading is new occupation

on: October 15, 2020, 06:48:42 PM

I Know myself not me but 2 persons who are full time cryptocurrency traders. More More and More People start Living by Trading. Its a New Type of occupation now how

Economy / Economics / The cryptocurrency Exchangers are just dublicates of Old school stock Exchange

on: October 15, 2020, 05:47:32 PM

It means that the big money guys have spent so much money to create cryptocurrency Exchangers. And all the cryptocurrency Exchangers are run by the ex former or active wall street guys. Have you asked yourself why would they build up the cryptocurrency Exchangers? Wich is is allmost 1:1 identical with stock market Exchangers..... The answer can be simple, there will be disapering the Old school stock Exchangers as we know it. Slowly they start to Move Capital out until all the regular stox markets will be closed. Coz why would they have created so big chain of Exchangers like binance kraken... And so... It was very expensive to build them and not easy... So it means the regular stox markets will lose their value very soon. Those guys Don't make some moves without reason it Don't make any Sense at all so only reason is disapering the stock Exchangers

Other / Politics & Society / We need to change ourselfes or War will be

on: October 15, 2020, 03:58:46 PM

The people need to start working together. All this lias and scams around the World Don't bring anything good either. If things dont go better the war will start all around the world! But people Don't want to do better... Why is that? The USA also will make China to pay for covid trump said China will be responseble! If you are from China better tell your people to pay money to USA no body Don't want war we want peace!! But things are not Looking nice If people Don't change the selfish thinking All those things not end up good!!

Bitcoin / Bitcoin Discussion / Enpugh is enough time Truth about btc

on: October 14, 2020, 09:46:12 PM

Satoshi is not creator there is more evidence that bitcoin is created by the banks!! Let's stop this delusion and utopia btc is created by the jp Morgan and That's. The whole cryptocurrency is created by yale university guys the coinbase jp Morgan the cashh app they all the same people. Its not Satoshi 100%

Bitcoin / Bitcoin Discussion / Jp Morgan and btc

on: October 14, 2020, 09:33:03 PM

So now the big guys are in so what they want? To dump btc Garbo or to push it little up and then dump it for ever? We should analyse and make our minds up. As we know a lot as the btc price is 10k its the price that most bought. If we look the whole background from where the btc Liqutity comes its a USA dollars and Canada dollars. As I know this for fact Alot printed money from USA and Canada is in bitcoin as a lot btc hodlers from USA and Canada

Economy / Economics / Re: USA dollar and oil

on: October 14, 2020, 05:12:19 PM

Quote from: wack slacker on October 14, 2020, 05:05:31 PM Quote from: jonatha28 on October 14, 2020, 02:28:01 PM Dollar demand caused by overall usd usage around the world and also caused by latest usd printing - people still pay for things, thus value of money is still there. Of course it is temporary, but my point is - its not all about oil If you pay attention, any product from the US must be purchased in dollars. Oil is an example of dollar liquidity. It is the setting up of the Petrodollar that has caused the liquidity and value of the dollar to continuously increase since the oil fields in the Middle East were exploited in the 1970s and 1980s. America gets richer and the dollar is stronger than any other currency. A loss of dollar liquidity in the oil sector can cause a dollar value collapse. Right now Russia and America are having an oil war. Currently, the damage belongs to oil companies. Most of those companies are from America. That's Why the USA have made deal with europe to secure USA dollar for 5 years from now.

Economy / Economics / Re: USA dollar and oil

on: October 14, 2020, 05:09:39 PM

Quote from: wack slacker on October 14, 2020, 05:05:31 PM Quote from: jonatha28 on October 14, 2020, 02:28:01 PM Dollar demand caused by overall usd usage around the world and also caused by latest usd printing - people still pay for things, thus value of money is still there. Of course it is temporary, but my point is - its not all about oil If you pay attention, any product from the US must be purchased in dollars. Oil is an example of dollar liquidity. It is the setting up of the Petrodollar that has caused the liquidity and value of the dollar to continuously increase since the oil fields in the Middle East were exploited in the 1970s and 1980s. America gets richer and the dollar is stronger than any other currency. A loss of dollar liquidity in the oil sector can cause a dollar value collapse. Right now Russia and America are having an oil war. Currently, the damage belongs to oil companies. Most of those companies are from America. Its not oil War its to hide Liquitity problem! Simple as that!!

Economy / Economics / Re: Bitcoin start Backing USA dollar

on: October 14, 2020, 04:02:10 PM

Quote from: (o)(o)ilikeboobs(o)(o) on October 14, 2020, 03:57:05 PM Yes. Surely it will happen to help save the dollar after the oil has reduced its role in supporting the dollar's value. I have followed your post on how oil impacts the dollar. Can you elaborate more? I find your discussion topics recently informative and quite interesting. I Can say im Economic expert The More is that oil reserves are full so anyone Can know. So the USA and eu Will join Now their Economic. To join its for Liquitity

Economy / Economics / Bitcoin start Backing USA dollar

on: October 14, 2020, 03:33:37 PM

The USA dollar need good backer. The Bitcoin is perfect to backing Up USA dollar. That Can Work like real fractional reserve. I think 2021 year the dollar Will be backed by BTC

Economy / Trading Discussion / Re: I Don't undestood why not use funds to earn stable profit

on: October 14, 2020, 03:19:35 PM

Quote from: militiariko on October 14, 2020, 03:14:49 PM Quote from: Polo7 on October 14, 2020, 11:43:33 AM Why newbies who Don't know how to trade not invest in funds who trade now its very popular. Instead of risking yourself? Many investors now invest in funds who trade and pay daily Weekly Monthly yearly Roi of investment. Its best way to make your income good! Coz there is so many good traders who can trade good profits and they also have good whale inside informations about whale movements and new coins announcements! For newbies its great way Well, crypto currency trading is not something you just delve into because you make profits; you delve into crypto trading because you understand the risk, because you are capable to trade and you understand the strategies required to take profits from crypto currency trading. Crypto currency trading is indeed a quick way to make profit; but also, it could bankrupt you in milliseconds; always do your own research before trading. I think we all have better things to do then watching charts and losing money!! Life and business is not Casino!! When I Invest I Want my profit and Everybody Else! While I invest and let the profeasionals Work with my money I enjoy the life!! This advice I have newbies let the professionals trade your money You just Get small% but in the years You make Good profit You reinvest and make Even More cash out some% and repeat We are not Here to gamble we game Here to make money!!

Economy / Trading Discussion / When You trade Do You use VPN?

on: October 14, 2020, 03:06:02 PM

Do you use VPN proxy? Specially If You are Country Where the laws not Crypto trader Friendly? Do You hold Ur machine or wallet in better juridical locations?

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