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The USA is bankrupt. They are printing their fiat into the sewer. They have just about run out of boots to keep kicking the debt forward to future generations. If the USD collapsed the FDIC would cease to exist.
For a bankrupt country, we're doing pretty well. Which irrelevant backwater do you hail from?  Shouldn't you be posting your special brand of venom and bile on "USDollartalk.org"? Oh wait, you don't have one because everyone fucking hates what it represents so much. The dollar represents wealth. It is the standard all others are measured against, including Bitcoin.  |
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The USA is bankrupt. They are printing their fiat into the sewer. They have just about run out of boots to keep kicking the debt forward to future generations. If the USD collapsed the FDIC would cease to exist.
For a bankrupt country, we're doing pretty well. Which irrelevant backwater do you hail from? Dear god, you think liberals give 2 shits about the average joe? Hows that war on poverty with trillions spent, taking from one and giving it to another? Get your god damn hands out of MY pockets to give that money to someone else. "The average Joe"? "The liberals"? What brought them to mind? |
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The USA is bankrupt. They are printing their fiat into the sewer. They have just about run out of boots to keep kicking the debt forward to future generations. If the USD collapsed the FDIC would cease to exist.
For a bankrupt country, we're doing pretty well. Which irrelevant backwater do you hail from?  this guy is good. I hope you commend a high salary for such professional trolling He suffers from selective hearing. Nah. He doesn't suffer fools gladly is all. Everything in your post has been addressed previously, but I'll give you a TL;DR: Since the dollar is a fiction, an unbacked abstraction created by teh evol banksters, what difference does it make how many zeros they need to add to that fiction? It is no harder to create a billion dollars than it is to create one  |
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<trots out hobby horse>
Akh... Problems with authority, a.k.a. "daddy issues." You realize how unattractive such bilious talk is? |
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The USA is bankrupt. They are printing their fiat into the sewer. They have just about run out of boots to keep kicking the debt forward to future generations. If the USD collapsed the FDIC would cease to exist.
For a bankrupt country, we're doing pretty well. Which irrelevant backwater do you hail from? |
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^Such venom  Remember, greed is good! The bankster scions inherited their uncountable riches from their august predecessors, who have, in turn, acquired those in the unregulated free markets of yesteryear. |
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Faith can't buy you anything in the real world. "Full faith and credit of the US government," of course, has little to do with faith. It's sort'a a complicated thing, you can start learning about it here[/iur]
Hope this helps. |
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No. The USD is backed by the full faith and credit of the US government. As are my deposits in real banks, which are insured by the FDIC for at least $250,000.  ...unlike Bitcoin banks: NeoBee (lol ran), TradeFortress (lol ran), and Ukyo (lol ran), which, unfortunately, are not So in the event that multiple banks get wiped out again, how do they pay for it? Is there a fund with cash in the bank? Do any of our alphabet agencies actually have reserves? No they do not. Just look at Social Security--it's a bunch of IOUs. Reserves of what? You lunatics think fiat is printed at will anyhow, so they'll just add a few zeros to the plates and keep the presses running longer, amirite? |
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... Whereas the US dollar is backed by the american dream!  No. The USD is backed by the full faith and credit of the US government. As are my deposits in real banks, which are insured by the FDIC for at least $250,000. ...unlike Bitcoin banks: NeoBee (lol ran), TradeFortress (lol ran), and Ukyo (lol ran), which, unfortunately, are not Yeah, so like, what gives the value to the USD? The paper its printed on cost about 3 cents. Dood, can't u read? And BTC isn't even printed on three pennies worth of paper, so there's that |
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To put this into Bitcoin-relevant perspective: If today's average income family had invested their average income in Bitcoin at the start of this year, they would no longer be an average income family. They would be living out of a cardboard box. If the breadwinners didn't get fired a long time ago due to transportation problems--gas stations don't take Bitcoin. Of course, this is all predicated on the whole family not starving to death--the supermarkets don't either. |
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I think that most here don't understand the bitcoin price cycle vs bitcoin mining cycle. There are too many bitcoin miners, including industrial size, which mostly liquidate mined bitcoins. If situation of 2011 was to repeat itself, bitcoin price will have to move low enough for a crash in network mining capability (which is still increasing as we speak at a brisk 20% rate every 12 days even with this crash). Only if and when network hashing stabilizes or reduces about ~50% (as in 2011), the new bull market will ensue. Prediction: it will happen in the next 2-4 mo, but the price might have to go much lower first (exact repeat of 2011 will mean ~$72/BTC).
Personally, I stopped buying mining equipment already.
The noobs here don't understand that mining is irrelevant for price. It is the preference to hold more or hold less, that makes the price. You have yesterdays price and other peoples valuations, there is nothing that connects bitcoin value to eartly stuff. Deal with it. So what is the *real* thing that give the value to bitcoin ? Bitcoin is backed by dreams. Whereas the US dollar is backed by the american dream! No. The USD is backed by the full faith and credit of the US government. As are my deposits in real banks, which are insured by the FDIC for at least $250,000. ...unlike Bitcoin banks: NeoBee (lol ran), TradeFortress (lol ran), and Ukyo (lol ran), which, unfortunately, are not |
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But seriously, I agree with OP. Anyone making dozens of posts trying to help message board strangers has an agenda that likely does not align with your own.
Me too! Early adopters and traders pimping Bitcoin, telling others to buy because they're buying themselves. Much selfless. Very altruism. Wow.... Trolls like Faiiiiling and Sevtroll can be quite amusing. Bumbling fools have long been a comedic staple.
... And when the bumbling fools turn out to be right and their sagacious counterparts dead wrong--that's pure comedy gold |
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How is it this thing never made it into the CHOO CHOO posts? (Real 70s jet train, not shopped)  |
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Fuck this, i really wanted to sleep now...
How many hours sleep since Fri? |
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Look at all the little baby profit takers selling right before the $350 wall.
A 30K wall can't hold us down but a 2K one will? I better sell because we will never cross that! Lol
baby profit takers? that 2 k wall is pure profit. btw, if mr 30 k wall is out of ammo, he is more stupid than I thought. but my gut is telling me that he is awaiting train pics. And more people who still havent grasped that it was an early adopter cashing out. early adopter deserve the profit for taking all the risk all these years. but btw early adopter arent cashing out. BTC is better than cash. you can get ebola after handling cash. think about it "Bitcoin user not afinfected" meme? Ebola comes to US..... Bitcoin user uninfected ?  |
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Can we please begin the process of a lawsuit for fraud and the sale of unregistered securities?
>buys unregistered securities >sues because unregistered securities |
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Here are the top three Google Headlines:
Bitcoin tumbles-are investors losing faith?
Bitcoin price falls to 11-month low
Bitcoin Prices Are Down 73 Percent Since We All Went Crazy Over It
Bullish? |
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i am really hope , bitcoin will decrease to be 10usd for 1 btc, look like last 2012 before ..  back to basic and happy panic to investor but love just for collector only Everyone who here has some sense knows that btc price can not go below $200. A few months ago everyone here who had some sense knew it couldn't go below $400. |
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