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621  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2019, 03:10:36 AM
Anyone learning Portuguese? Lol

JAJAJAJAJA
622  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2019, 03:06:59 AM
Slightly unrelated, but does anyone else think things like pawn shops/general stores will be making a massive comeback in the US in the near future?  Or do people actually believe the vulture capitalism model of rotating between different 3rd world populations as Santa's elves slave labor can be done in perpetuity?

Quote from: realr0ach
At some point it's pretty much inevitable.  The US produces nothing, and the trade deficit isn't sustainable, so everyone in the future will probably be shopping at pawn shops in the US.  Besides total armageddon in war, it's like the only actual possibility.
623  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2019, 02:31:13 AM
I would like a lot of things, but grandma tends to refuse to give them to me.   Cry Cry Cry

That's why bitcoin gonna liberate some of us.   Cheesy Cheesy Cheesy

Like I said before, whether you are "liberated" or eventually lose it all was already pre-ordained by the arguments of people like Plato and Aristotle millennia ago.  No amount of Jewish propaganda can defeat the invisble hand of the market in the end.  Or as I told Anonymint earlier:

Quote from: realr0ach
On a long enough timeline, anything that's not a physical commodity resource is guaranteed to go no bid just like any other worthless fiat.  If the infrastructure to create and facilitate Bitcoin existed in the year 0 AD, Bitcoin would not exist today.  Since it's not a real commodity or resource, there is no reason for anyone to consistently place value in it on a long enough timeline beyond speculation (pump and dump scams).  Facilitation of pump and dump scams is NOT a reliable price floor.  If you have no reliable price floor, you have nothing and it's going to disappear.

It's required to be a physical commodity resource to attain this reliable price floor.  Why is it so hard for you to understand that Aristole is correct and money is required to be a physical commodity resource and Plato was a moron who was wrong about just about everything concerning economics?
624  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 31, 2019, 01:46:04 AM

Jack Dorsey is such a piece of shit retard.  He has pictures on his Twitter feed promoting Michael Brown - a literal STRONG ARM ROBBERY criminal killed in the act of committing the crime on video tape.  There's no fucking he said/she said about it at all.  It's all on video tape with him caught in the act committing a robbery.  Yet Jack Dorsey is promoting the idea that black criminals should be able to rob, kill, and steal with zero consequences. The victim wasn't even a white person like shitlib, Jewish Marxists usually rally against.  It was a fucking Indian!  

Where the fuck are the Pajeets???  #IndianLivesMatter???

625  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 30, 2019, 07:25:00 PM
Also seen some sell walls pushing the price down.

626  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 30, 2019, 04:43:10 AM
Oh.  Good implication that HODLers, including yours truly, are gonna be (if not already) famous (presumably through level of rich).

Famously insane maybe.  Bitcoin is the equivalent of saying "Hey, I have absolutely nothing of value.  You too?  Okay, let's do business with one another".  Bitcoin - the imaginary economy of fools.  You have this segregated playpen of people in outer space masterbating vigourously while furiously trading imaginary, valueless widgets back and forth with one another.  Then one leaves the insane asylum venturing to town to interact with the real world to try and attain a non-imaginary object of value and farmer Bob says "Are you fucking retarded, mate?"
627  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 30, 2019, 03:51:29 AM
2019 - "Can't use #Bitcoin for payments lol fees are WAY too expensive"

1994 - "Can't use the internet for news lol ISPs are WAY too expensive"

How about shut up while we build this shit out

https://i.imgur.com/M7rkfyi.png

Crap comparison because ISPs can operate independently from one another, and things like Buttalik Butterin 'sharding' - parallel processing - nullifies the entire security model and purpose of a sequential linked list in the first place. Anything 'blockchain' is inherently high overhead and low performance, which is why people like Fuserleer were forced to get rid of it entirely to try and build his "eMunie" system.  But then you just have some fragile steady state system with garbage state recovery only suitable for a centralized payment processor like Paypal that does their own backups.  The actual working "shit" with infinite throughput, fungibility, security, and everything else is already "built out".  It's called physical metals. 

Can humans make a better payment system than what nature has already provided?  You can make a system for sending around imaginary timestamps or receipts, but somewhere along the line people will demand convertability to an actual resource.  The circle is not completed and you're essentially operating the same as any regular fiat without guaranteed convertability because a timestamp is useless to a human.  What's the purpose of all the overhead from a blockchain for then if it does absolutely nothing to facilitate convertability?  There is none.  You have removed no counterparty risk without facilitating a guarantee of convertability.  Which is why money is required to be physical commodity resource - there is no question of convertability then.
628  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 30, 2019, 02:17:19 AM
Most fiat money is debt, so negative interest rates mean that more money gets borrowed, meaning more debt is created, meaning more money is being printed.
Asset inflation continues unabated.
Market will lose confidence in the sustainability of money-printing suddenly.

https://twitter.com/jimmysong/status/1167203731550670851?s=21


I don't like this tweet because it doesn't really address the correct mechanics or ramifications of negative interest rates at all.  There's a lot of points you can discuss when talking about negative interest rates and how none of it makes sense or will work from a theoretical or real world perspective, but I think one of the big issues that nobody discusses is that negative interest rates are essentially helicopter money for the rich.  Why?  Because in negative interest rates you technically get paid to borrow, but here is the kicker...only the people who are already rich are qualified borrowers in the first place for being given vast sums of money for investment potential.

What happens then?  If rates are just negligibly negative then not a whole lot happens economically besides the price of silver and gold going up.  Nobody is going to borrow vast sums of money if they think the interest rate can flip back on them and catapult to 10-20% or something.  To get the actual effects wanted by negative interest rates (things like increased money velocity and mass inflation) you would need massively negative rates to lure anyone into taking the arb opportunity, and then it REALLY IS helicopter money for the rich aka 'the most qualified borrower'.

Negative rates - and just how low you would need to try and set them to have an effect in this context - are even worse than standard Ben Bernanke helicopter money where the govt just hands people money out of the blue.  At least that has an even distribution and works as an actual macro correction mechanism.  Helicopter money for the rich while wealth distribution and income inequality are already laughable is totally insane unless your goal is to cause societal collapse and anarchy.
629  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 29, 2019, 08:51:08 PM
Hopefully ZOG's DARPA branch isn't looking to buy bunkers for Brexit causing world financial meltdown and a new dark ages where everyone dies.  There's not many "experiments" that require underground tunnels and bunkers. They're not building a large hadron collider or something, so the cover story is pretty fishy.  

https://www.silverdoctors.com/headlines/world-news/public-duped-again-darpa-all-of-the-sudden-is-in-desperate-need-of-underground-tunnels-facilities/

As for bizarre stories in the past concerning underground bases like "dulce nightmare hall" and "aliens" which were obviously bogus, it wouldn't surprise me if they were doing illegal genetic experiments - human/animal gene splicing and stuff like that and try to cover it up with bogus stories about aliens as a ruse.  The Chinese seem to be openly doing a lot of questionable medicial experiments nowadays, and the US + Russia have both probably already done tons in the past.  But in this particular case, it feels more like some type of quick relocation economic collapse or war bunkers since it seems they actually want the locations to be near population centers.

The whole use case of "experiments" just seems like it's fake becuase like I said, you don't need an underground bunker for most experiments, and if you actually did, it would be located in the middle of nowhere in New Mexico or Arizona, not near population centers.  Other possible uses:  food/fuel/other resource storage for economic collapse, even physical metals vaulting, etc.
630  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 29, 2019, 08:42:56 PM
God, these Bitcoin "TA" stories on Zerohedge are just pathetically stupid considering the rise from $4k to $12k was entirely non-aggregate and artificial market manipulation.  TA does not work on artificial pump and dump scams originating from a single entity.  TA requires an aggregate market to be in any way useful.  The bottom can drop out right back to where it came from just as easily as they artificially rigged it up.

https://www.zerohedge.com/news/2019-08-29/3-key-indicators-suggest-bitcoin-price-ready-massive-move
631  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 29, 2019, 08:14:51 PM
in other news...

r0ach is still hes charming self

632  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 28, 2019, 08:41:49 PM
So much negative press oozing from the terminal I feel the need to wash my hands..

This is starting to feel like an actual assault... 

In Goyimhedge we trust.

633  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 28, 2019, 08:31:07 PM
There is almost 5x more longs than shorts.

Which tells you the market is being insanely artificially propped upwards, otherwise it would have spectacularly imploded in any real market setting already.  Oh yes, and there are enormous numbers of Chinese people and Tethers involved.  The only people on the planet to rival or surpass western, Jewish markets in fraud.
634  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 28, 2019, 08:26:05 PM
635  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 28, 2019, 08:10:00 PM
r0ach would have even more bragging rights (for traders) if he had mentioned RHODIUM's three month spike in price, up some 50% since 30 May (from some $2850 per oz to some $4450 today (depending on who's quoting), up over $100 since yesterday):

Main problem with rhodium is it's not a monetary metal so does absolutely nothing to protect against deflation.  Let's say all the banks implode tomorrow in another 2008 event.  The price of Rhodium will go from $4500 to like $450 practically overnight, while things like silver and gold will gain in relative purchasing power instead.  We're too late in the game to be gambling in the casino.  Some enormous economic implosion, govt staged false flag, or war can go off any second nowadays.

That's the main reason I don't have any motivation to wander outside of monetary metals, although I did almost buy some rhodium in 2016.  The world is in a monetary crisis, not a rhodium crisis, so you have to hedge against that with monetary metals.  If you're sitting on bucket loads of money you have no idea what to do with then yea, might as well buy some Rhodium for the hell of it to diversify (not at these prices, though).  I also expected the evil cult of Judaism would attempt to force some type of escalation with Iran, North Korea, China, Russia, or whoever by now, and I didn't want to be holding Rhodium over silver when that happens if some big conflict breaks out which also causes economic collapse and you need local liquidity.

The fact that virtually nobody deals with rhodium on a local level is sort of a deal breaker.  Liquidity-wise, it's equivalent to trying to hodl uranium.  I don't want to walk outside, see "CLOSED" signs on all the banks and ATMs, and just stand there holding a completely illiquid asset I can do nothing with while everyone holding silver and gold becomes rich as I lose money and die of starvation.
636  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 28, 2019, 04:49:02 PM


What if I told you Greeks are really turkroaches.  What if I told you Jews are a central/eastern Europe, Turkic-Khazarian people.  What if I told you Andreas Antonopolous looks nothing like Zeus at all.
637  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 28, 2019, 04:35:25 PM
Still there are some people who can't differentiate bitcoin from these shitcoins.

Quantify the difference in the word "Bitcoin" and "Shitcoin".  There is none.  Everything about Bitcoin is arbitrary.  Everything about 'shitcoin' is arbitrary.  It was a bogus propaganda word invented by people like Luke Jr to try and hide the fact digital craptocurrencies have no valid Schelling point.  You can't create a new noble metal like gold or silver in your basement, but anyone can create a new, imaginary, digital scamtoken.  None of them act as a valid focal point since they're all just arbitrary, Rube Goldberg machines.  He'll probably flip over some strange Catholic bible passage someday making him realize he was worshipping false idols instead of using 'God's money' - physical metals.
638  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 28, 2019, 04:12:48 PM
Bitcoin can't be faked, I'm fine with this. Wink

Of course Bitcoin can be faked.  PoW does nothing to solve rough consensus attack.  You can have forks where there's no real 'winner' fork and the so-called minority fork doesn't die which seems to have already happened a few times.  It was thought they would need to have different algos for that to occur so the fact it can happen with the same algo is hilarious and just shows you how wrong most assumptions about Bitcoin are. 

'Forking' is not supposed to be some type of pre-planned, conspiracy process decided upon years in advance by people sitting in offices in New York either.  It's supposed to be a much more on the fly, continuous voting process that can spontaneously happen at any second, so having chains that don't die with the same algo is kind of a problem.  Then you have the fact Bitcoin is required to do things like fork everything to be quantum secure, and all those options are completely arbitrary, so there is no 'real' and 'fake' bitcoin at all because who decides in a scheme not governed by longest chain?  They're basically all fake and arbitrary in that context.  Then there's the good old 51% attack, and...why bother.
639  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 28, 2019, 03:58:04 PM
Bars or ingots may contain tungsten, the density of tungsten similar to gold.

Harder to fake silver because molybdenum is used and it's not as close to silver as tungsten is to gold.  Even still, in ultrasonic testing sound waves pass through tungsten almost twice as fast as through gold, so it totally gives it away. There's just a million different ways to test metals now where it's pretty difficult to be fooled if your operating budget is high enough to keep the lights turned on because you'd be able to afford testing equipment.  

Having said that, 1 oz coins (or lower) are by far the easiest to test, so in any metals remonetization, virtually nobody is going to be paying anyone with kilo bars or anything like that besides central bankers storing various bricks.  I think just about all the metals would wind up being melted for small denomination coinage as they should be.  In the old days I think the US govt actually did it for free if you brought your bullion to them.
640  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: August 28, 2019, 03:39:28 PM
I do wonder what happened to the "Oath Takers", those guys who would do anything to protect the constitution

Murdered by Jewish Bolsheviks.
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