$8.45 it cost me to mail a small Flat Rate Priority Mail box. It was $8.30 just a few days ago. Crazy.
2%? and you call this crazy?  -snip- But its going to be 2% of everything we buy not just the stamp! and 2% is only the start of it. I'm seeing it in Europe as well. Things are going wild in a quite short timespan. Food and services are becoming more expensive, and I expect it to happen everywhere...
I've been calling this ever since the pandemic began and they started artificially inflating and stimulating the economy. You can keep doing that, but not forever! And once they stop doing that, things will blow up.. All those trillions will hurt within months, years at most..
I have a friend in the print business and he is seeing it with some of the work he is being asked to do -Print new pricelists with inflated prices- It is definitely happening its only small now but as the printing continues so to will the prices increase. |
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Dr.Doom - Nouriel Roubini Dr.Doom is actually a nickname for a number of BEARS over the years, There is a list of them here on this ARTICLEbut for this thread its all about BItcoin so I’m posting about Nouriel Roubini. Nouriel Roubini is somebody which has evaded my attention until I started writing an article on Jamie Dimon. The Name Dr.Doom came up and I was intrigued. Nouriel Roubini is an American Economist who is known for his gloomy economic warnings and has been a staunch critic of Bitcoin over the years, so like my threads on Warren Butffet and Jamie Dimon I would like to list his Bitcoin related statements which unlike JD have not softened over the years until November of last year where he seems to acknowledge some understanding of Bitcoin, but I suppose his nickname is there for a reason. A lot of his commentary is centered around the 2017/2018 “Bubble” he talks some sense really and its interesting to hear his views in relation to what happened then. like all critics of Bitcoin the decentralized nature of it grates against their traditional FIAT economic view. Criminality again is mentioned in his statements a lot, it’s the same line we are hearing already this year from government financiers and is their go to argument for regulation. 2018 February 2nd – Biggest Bubble in History“We can’t allow it to become the next Swiss bank account for use by criminals and people evading tax.” 2018 October 11th – Bitcoin is the ‘mother of all scams’Bitcoin is the ‘mother of all scams’ and blockchain is the most hyped tech ever 2019 April 11th – Most crypto people are totally cluelessThey want to reinvent everything about money, but most of them are absolutely totally clueless. The ratio between arrogant and ignorant is astounding – I have never seen such a gap in my life. These are fanatics. Some of them, like criminals, zealots, scammers, carnival barkers, insiders who are just talking their book 24/7. 2020 March 9th – So BTC is a shitty shitcoin hedge in risk-off cases2020 November 13th – Crypto’s Fiercest Critic—Has Admitted Bitcoin Could Be A ‘Store Of Value’"[Bitcoin is] maybe a partial store of value, because, unlike thousands of other what I call shitcoins, it cannot be so easily debased because there is at least an algorithm that decides how much the supply of bitcoin raises over time…” 2020 December 24th – Bitcoin's 'hyperbolic bubble is going to go bust'“First of all, calling it a currency — it’s not a currency. It’s not a unit of account, it’s not a means of payment.…it’s not a stable store of value. Secondly, it’s not even an asset,” “While in the case of Bitcoin, there is no income, There is no use. There is no utility. The only thing is a speculative, self-fulfilling kind of rise, and that rise is driven totally by manipulation.” “The price of Bitcoin is totally manipulated by a bunch of people, by a bunch of whales. It doesn’t have any fundamental value,” “We’re close to the point where the hyperbolic bubble is going to go bust.” |
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Makes total sense, Obviously Crypto mining creates a lot of heat from the hardware, Keeping that hardware running at optimum temperatures [cooler] consumes more energy and increases the cost of mining. A cooler climate link inside the arctic circle and 9 months of winter will of course reduce the cost of cooling a Mining facility, possibly even eliminate it. And then to top it off a 25% reduction in the electricity prices.  |
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Yea so Bitcoins Market cap is shy of $600 Billion, it would need to X3 to exceed $2 trillion, according to the likes of Michael Saylor this shouldnt be a problem even if some of the Gold investors migrate even partially to Bitcoin, not even considering other FIAT based assets which he predicts should move to Bitcoin also. Regulation will play a role in this. For traditional investors moving into what many of their counterparts consider a risky asset, they will want some sort of guideline from governments that they are playing by the rules. Regulatory clarity will accelerate the adoption of Bitcoin by corporations and institutional investors. |
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Bitcoinica was indeed way back in the day, they were hacked twice back in 2012 and entered into liquidation. There doesnt seem to be any news or updates in relation to Bitcoinica Here is a thread on the forum from 2012 [ANN] Bitcoinica Consultancy abandons customers. Bitcoinica to enter LiquidationThere is a high probability that its scammers who are contacting you at this stage, especially if it a number of different people claiming the same thing. |
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but Blockfi only offer collateral backed loans at a 50 loan to value rate.
You want to borrow 1BTC, you will have to deposit 2BTC
I understand they have introduced centralised services into a realm which was
designed to be decentralised and that Bitcoin offers everyone the possibility
to be independent.
There are definitely risks.
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Apologize for the delays, I'll be processing all payments within <24-48 hours max.
With a bonus
Thank you in advance lightlord. For me the delay is not a problem, no doubt that you wouldnt make the payments on such a long running campaign. |
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Its more than a shop offering goods for payment in Bitcoin, its about creating a new
ecosystem where people can earn Bitcoin so they can Hodl it and spend it.
Maybe this will happen over time where people have the opportunities to offer goods
and services in return for Bitcoin payment so they in turn can buy goods and services.
FIAT becomes redundant and people control their own finances.
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If you create an account on the Cryptopia.zendesk account you can raise a ticket there. I can confirm that the liquidators are very responsive and have directed me to the zendesk account also where I am getting some help with verifing ownership of my Cryptopia account. |
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Can I raise some BTC in a year? I´ve been thinking a lot about this and I decided to try it  Today is my birthday and i decided for some birthday challenge. Lets see if I can raise some BTC BTC in one year (from 26/1/2021 to 26/1/2022). Current balance = 0 BTC You see OP, your post would have read so much better if it had left out the last 3 lines. I thought you would go on to mention that you were going to work hard and accumulate some BTC and also maybe try to directly earn BTC with some more hard work. Be proactive, positive and hard working, with those traits comes reward |
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Scammers will always try anything and everything to relieve people of their property.
We have seen through the years big names in governments and finance taking shots at Bitcoin
and to balance their negative comments there have been celebrities who speak only positively
about Bitcoin, but through the positivity and negativity we have seen Bitcoin grow... and will continue to do so
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Of course, that's just a coincidence, and there is no point in betting on the same number/numbers all the time. But, on the other hand, there's no point in changing the numbers either. Your probability of winning is always the same, so why not stick with the same numbers? Nowadays, the winning numbers are picked by a computerized system, which makes sure that there is no bias with any of the combinations. So it is just pure luck and coincidence. Sticking with the same number or not is not going to change your luck. So rather than spending your valuable time in researching about the winning numbers, I would advise you to do your research on the odds of winning the jackpot. It will be different for different draws of the same lottery (based on rollovers and number of tickets sold). Well, not all numbers are drawn an equal amount of times. I have learned this from statistics from the Lotto of Ireland! I'm sure there are players who devise their own plays and number combinations based on statistics. I used to do pick the same numbers every week but for the last 10 years I play a computerised pick, I let the computer pick the numbers for me. I have checked the 6 numbers I used to play over the last 10 years and they have never been picked in the Jackpot. The most I would have won over 10 years is €4 so i can deduce that the 6 numbers were not a popular combination. I also picked 6 random numbers over the space of 5 seconds and with those numbers I could have won €7 over 10 years. Because of the combinations it really does come down to Luck, I wonder by how much the odds change by studying the number drawn frequency? |
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As BTC is dropping now I feel this is a good opportunity to buy and sell for short-term there are lot of news coming across as miners are selling and this could be the reason for drop in the other hand institutions are investing money in BTC.
Anyone who mines Bitcoin in a serious way (mining farms) has to pay their bills, primarily for electricity, but also for the repair and purchase of new devices, taxes and everything else. The miners don't have too much space here, they have to constantly sell to cover those costs - but that's certainly not the reason why the price is only around $30 000+, because with 900 BTC per day, which is the maximum, only 27 000 BTC is mined every month. The market is in much higher demand, although this may not be the case at the moment - but the institutional players have calmed down just a bit, they may be waiting for a better price. Nothing will change radically in the SEC, people change, but the views of that commission remain more or less the same - they work according to the rules of the profession, not according to their personal views. Even though we dont like regulation, institutional investors will like it because it gives them clarity and also that there wont be any punishment or penalties. Regarding the 900 supply of Bitcoin daily, I have heard that some miners are selling direct to investors like Square for example but I cannot confirm that. Just a heads up that the full supply may not even enter the market daily. |
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Unfortunately with these HYIP [High Yield Investment Program] sites so
many people get scammed.
This is not a new type of scam it has been around for years and has been
reported on this forum many times.
Newbies and people who may not be financially educated cant resist the
lure of the fake rewards.
If its too good to be true, its fake!
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Dont do anything!
Dont even unsubscribe, you dont want to confirm that your address is live.
Create a rule to automatically send to spam.
If you hover the curser over the links you can see the address you
will be able to verify where the links are sending you.
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Where are you from? I could recommend some if your country is supported.
It's fine thanks. I will just wait another day... Not happy wth this because this is not how you work, waiting 3 days for your money... This is exactly the reason bitcoin was created! To bypass these thieving dinosaurs!!!! Kraken also have an option called CHAPS and you have to pay £21 for the same day... hmmm... That's why it's taking so long!! Can anyone else recommend a better exchange??? This is a joke now... See my post above, I use Revolut. The banks are still using the "SWIFT" system which was created in 1973, nothing swift about it these days when you want to move your money fast. |
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Looks like a gambling site!
The general consensus as i'm sure you know is once you dont control the
keys to a wallet you have no control over the coins.
There are a few offering this kind of service, Interest accounts.
Blockfi and Celsius, I am only familiar with Blockfi because I have an interest
account with them, I have Bitcoin, Ethereum and Litecoin on deposit and I
earn from 5% to 6% interest.
As above I understand the risks and I have on deposit only what I am willing
to lose. The deposit is literally a fraction of what I Hodl.
So in the case of FreeBitcoin that you posted, If you had deposited Bitcoin
over a number of years you would have been rewarded [at a risk]
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Hi there. My name is Jacob Bernstein and I'm a reporter with the New York Times, where I'm doing a piece about whether, as Bitcoin surges (at least until this week), many bitcoin enthusiasts/investors actually use t to pay for things, and if so, what. By most accounts, this appears to be less common than keeping it as an investment vehicle. And this makes sense given that most people who have physical gold or stock in gold don't use it to pay for groceries. But given that one can potentially use bitcoin to buy certain things, including airline tickets, stuff in the xbox store, goods on overstock, etc, I would love to find some people who actually do and hear about their experiences (including whether this has gotten easier in recent years or not). If this is you, and you would like to talk, I can be reached by email at Jacob.Bernstein@nytimes.com and at 212 529 6573. Text is always best way to make an intro by phone. Unfortunately, I have to do this by Monday, end of day, so anytime today or over the weekend would be great. All best, JB -snip- For a commoner and a late adopter like me, bitcoin is extremely precious to spend because its extremely difficult to earn! So I would rather hold it for a better time than spending it! Good points by @avikz I would be a later adopter than avikz and would be in his second group mentioned I guess. I dont spend my Bitcoin either, I cannot directly pay my weekly utilities and expenses with Bitcoin so I just Hold it. There are a number of Credit Card companies who offer Crypto Cards so those people using them would technically be spending Bitcoin more regularly. Here is a thread about the different cards you might find interesting and possibly helpful for your research. >How to get your first Crypto Card< |
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I dont follow you Lucius, I'm looking at your post and I'm thinking, thats what I posted anyway.
The OP isnt going to be earning Bitcoin, he has it for a number of years and wants it in FIAT
You are referring to VAT in your post, and what does that have to do with the fact that the OP wants to sell its BTC for fiat and not pay (or pay the minimum tax)? https://ec.europa.eu/taxation_customs/business/vat/what-is-vat_enVAT is something that is paid for goods and services, for example if you buy a TV you have to pay a certain price consisting of the basic price + VAT, which means that the basic amount is given to the seller, while VAT goes to the state treasury. The OP definitely has the option to cash out without any tax, but there must forget about any bank transactions or any evidence that can later serve his tax office to ask him the question of the origin of that BTC. yes of course, apologies for any confusion caused, There are different types of TAX VAT - Value added TAX - payable as a percentage on top of goods and services value Capital Gains TAX - Percentage of TAX payable profits earned on investments for example. |
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Getting $1B gives way too much risks. For criminals those winners are the perfect victims. They haven't any expecierence with big amounts of money. Only hiring security wouldnt be enough.
They should also hire someone who helps them financially. I don't know how that works with that lottery. Here in Holland lottory winners get financial help from the lottory itself. If they don't get that with this lottery, it's also risky to get a trustfull financial advisor.
As long as the casino is not announcing who the winner is, the winner will be safe, and they can take the win money to their bank. I am sure the casino will take care of that because they do not want their winner will become a target of the criminals. Yes, I agree that hiring security will be important to protect the winner from getting their win money. But that is a big winning for that person who not many of them can win the lottery game. We can hope that someday we can win the lottery like them. With that much winnings, hiring a security firm would be a must! I would only take the winnings to the Bank in order to buy Bitcoin. Do the lottery company provide any sort of financial advice for their winners? It seems strange that they would let you walk out the door with a suitcase of money without first making sure the winner has a basic knowledge or insight into future planning. |
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