...If I have a 1 oz gold or silver coin on my table, I can walk down the street and trade it to someone else for goods or services with no middlemen or 3rd party extortion involved.
r0ach loves to keep spouting this. Over and over. But he refuses to ever explain how he intends to transact with someone overseas in another country with PMs and avoid middlemen or 3rd party transfer fees. Or even go to Walmart, Target, or Starbucks and buy something, anything with it without avoiding the exchange into fiat via 3rd party (and thus another fee). Or... or... the fkn list can go on forever. So I guess all a PM coin is good for is... transacting with your neighbor down the street? If Apocalypse cometh? Well r0ach? We're still waiting. Oh I know, you'll just go scurrying back into your little hole for a while without answer the question. Once again.  Stop pretending that gold and silver used in native coin format haven't been used as money for thousands of years. There's no fucking reason to convert it to fiat. Even US law states a dollar is still "371.25 grains of pure silver" and that debts are supposed to be settled in only metals. Also, stop pretending bitcoin allows you to do anything that metals don't when 0 problems concerning things like decentralization were solved (because it's not possible to solve). Bitcoin is an obfuscated centralized system. Worst case it will be run by one party, best case it would be run by a few corporations countable with one hand. Such a paradigm has no benefit over existing systems; it's a nothingburger, while metals are orders of magnitude better in all characteristics. The only thing that can actually survive the test of time originating from anything "blockchain" related are federated chains, and those are the ones govt will use to try and enslave you. So called "blockchain" will be far more negative than positive for humanity due to decentralization not being solvable, thus all open loop systems going the way of the dinosaur eventually and only federated chains remaining. |
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Nevermind the fact all crypto is designed to centralize, thus invalidating it's entire claimed fundamental value proposition.
You can't centralize money if you lack a money printer + taxation/extortion system. Bitcoin is an extortion system by design. If I have a 1 oz gold or silver coin on my table, I can walk down the street and trade it to someone else for goods or services with no middlemen or 3rd party extortion involved. Bitcoin, on the other hand, has built-in rent seeking middlemen and counter party risk. You're required to pay extortion demands to miners just to move the coins at all. That is, if the miners even allow you to move the coins since it's not actually a permissionless system and the miners can be controlled by the govt itself. The miner extortion problem is exacerbated by the fact that open entropy blockchains will always be low throughput and don't scale, so telling everyone on earth to "use bitcoin" is just promoting extreme usury. Then you have the fact that the open loop blockchains (PoW - the only one that was able to fool people into make believing they're decentralized) have no purpose since they will centralize anyway. This means the only possible evolution of ANY of these systems is federated chains run by corporations and govts to enslave you or to trim a few pennies off their overhead for some other mundane system they already run. There is nothing here in this god forsaken space to benefit mankind or help defend itself from evil jewish bankers. Anything "blockchain" is completely inferior to silver for store of value, removal of counter party risk, facilitation of financial freedom, privacy, etc. Most of you have lied to yourselves and others so much about this useless garbage craptocurrency that you now believe your own lies. Bitcoin is the fucking Ringo Starr of finance. |
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Majority you sold at $600 dont even try to lie about that. God you are a fucking idiot. I bought and "sold" like 100 different trades during the halving. I've done another million trades since. My only use of bitcoin is to jump in and momentum trade it, extract money, then use the money to purchase non-scam assets (aka assets that aren't bitcoins). What happened to your claims that gold was going to $400 then $0? LOL. Now we have Mnuchin going to fort knox to do press releases about the "gold" there. We all know it's getting close to gold revaluation time when stuff like that happens. There's going to be no $400 gold, there's going to be $5-10k gold revaluation and even higher percentage gains in silver. |
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Every day in bitcoin is some jackass trying to fabricate some type of "fact" to justify why the price should be infinity and since the price is currently not infinity, it has to be undervalued. Nevermind the fact all crypto is designed to centralize, thus invalidating it's entire claimed fundamental value proposition. |
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In all honesty, even though I already put in my guess, I predict the next ATH will not be until 2020  I fear another 2 year bitcoin hibernation period before much more amazing prices. We have lived through that 4 year cycle a few times already, I have little doubt it won't happen again. I'm still holding though. But this time I will not have a job when it hits the 2 year low to buy all of those cheap coins. I'm surprised. Normally you are a permabull in just about every situation, and suddenly you had a change of heart. Weird, and unexpected, as I didn't expect you to even think of the option BTC could go the opposite way. My opinion of you has really changed for the better now. But why the sudden change of heart? He apparently watched the bitcoin theme song: https://youtube.com/watch?v=lwL3yP260AQ |
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In all honesty, even though I already put in my guess, I predict the next ATH will not be until 2020 Around 2020 is when the oil industry might implode in a Seneca cliff, if not sooner since something like 1/2 of the oil from the US is from these new exotic and uneconomical shale type startups. https://bitcointalk.org/index.php?topic=1082909.msg21357171#msg21357171 |
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Trade against the herd and you generally wont lose.
If we're going that route, everyone should immediately dump all craptocurrency since Wall Street says it's the "most crowded trade" and put all profits into silver since nobody is talking about metals and silver is a leveraged play on gold. But something tells me you don't actually follow your own advice. You watch too much tv. If wallstreet says that then do the opposite. Its the least crowded trade. Medical mairjuana is more crowded than bitcoin and even that is sexy for VCs right now. Something tells me you dont have the iq to understand cause otherewise you wouldnt have sold bitcoin at $650 for gold which is underwater when you could have been 6x richer. Dont even talk nonsense like.you didnt sell because you will be insulting all of our readers intelligence by doing so. Your an easy read man sorry but thats the truth. Lol, can tell my 100% true comment infuriates you when you start trying to fabricate lies again to make yourself feel better. You know zero about how much fiat, metals, or bitcoin I have, so you can stop trying to pretend you do. Almost every single thing out of your mouth is a lie. I even posted an invoice buying $2k per week in silver and paying with bitcoin when bitcoin was like $3000 and silver $15.70, yet you still repeat your cut and paste lies over and over. Remember when you claimed 5000 times along with govt shill Armstrong that gold was going to $400? HAHA. It's cost of production is over $1k but it's magically going to zero! Gold needs to correct to $2200 just to get back in unison with it's 92% correlation with US debt charts. Silver will likely rise to $73 or so when it does. The next numbers to look for after that are $3k gold $110ish silver when some financial panic starts, then $5k gold $166 silver. |
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COME ON you big time BTC'ers let us now when and where and why its gonna HAPPEN  The majority who invest money in a vacuos asset like Bitcoin are certain to lose
During the pump n dump, I went from being an early investor and early proft taker, to FOMO merchant
a cabal of vampire parasites takes its place....
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Trade against the herd and you generally wont lose.
If we're going that route, everyone should immediately dump all craptocurrency since Wall Street says it's the "most crowded trade" and put all profits into silver since nobody is talking about metals and silver is a leveraged play on gold. But something tells me you don't actually follow your own advice. |
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Jpmorgan isn't trying to run up bitcoin you noobs. Banks like Jpmorgan and Jewman Sachs is why the Eth scam went from $2 to where it is now. All cryptocurrency is designed to centralize, useless garbage, but Eth is obviously the main scam they're trying to push.
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Marcus promoting an Orwellian, digital only slave currency while fantasizing about a Polish jewess, it all makes sense now.
Roach, Roach... we know you're going to turn from Kafkian ungodly filth-dwelling beast to a real prince as soon as a Jewish princess agrees to kiss you! All you need is love. -A Beatle Does "love" protect you from: "by way of deception thou shall make war" - satan Official Mossad slogan. Being New Testament cucks is not the answer to anything. Communists, aka the Pharisees, aka the people who claim to be present day Jews, have to be physically removed just like Jesus himself had to physically remove them from their usury temple (And no, bitcoin does nothing to solve that. They want to force you into a digital only slave currency) |
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Izabella ....
Everybody try to be on their best behaviour this weekend. And for god's sake, keep your trousers on!
how is that possible after some guy ran off with them all in a panic? it could be a case of being surrounded by brown eyes. Marcus promoting an Orwellian, digital only slave currency while fantasizing about a Polish jewess, it all makes sense now. |
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This seems like the lamest Bitcoin bubble yet.
Are we still on our way to 'return to "normal"' or do we begin the 'fear' stage?
This picture alone will probably initiate the final collapse of craptocurrency since it depicts them in the most true light possible, some scammy garbage you would find as an advertisement in the back pages of a magazine about car rims:  |
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I just noticed Adam's solution to stop the price from falling. Lol. make blocks bigger
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I just want to see the so called "finex spoofer" who has controlled the market almost the entire time since the price was $200 get bankrupted. He's on there doing his normal bs wall spoofing at $3k right now.
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Blockchain technology is revolutionary but BTC is not
Another day of retarded pumpers constantly spamming the same cut and paste slogans. The so called "blockchain" is just a linked list, there is nothing revolutionary about it. Bitcoin is a linked list with a get rich quick scheme built on top of it. Since they're all designed to centralize and it's not possible to create a decentralized crypto in the first place, the ONLY endgame evolution of these things is going to be federated chains run by governments and corporations to enslave you. This is why you should be anti anything "blockchain" and pro physical metals instead. |
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In the desert stands a giant block, which far off throws, the only shadow that the desert knows. Look upon thy wretched blockchain and despair young goyim, for I am r0ach, king of physical silver kings.
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Somebody call up Jimbo. We need some rubes customers to buy all these "cheap coins". How is Jamie Dimon supposed to get a new jet ski if nobody will buy the things?
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Fabio, you need to stick to hair commercials because nobody is buying this "dash is silver to bitcoin's gold" shit.
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That's a joke. There is no "advanced tech" coin to switch to, they're all designed to centralize. Your question is basically: "hmm, should I use centralized bitcoin or even more centralized ethereum". None of them solved any of the fundamental problems required. Not even captcha coins work because you can always create a program to solve the captchas.
Decentralization is not a solvable problem in cryptocurrency, hence no reason to use any of this stuff over silver. All work done on so called "blockchains"will just be harvested by govts and corparations to use in their own personal enslavement tools (federated chains).
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