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1  Economy / Speculation / Is Jim Cramer a hypocrite and a flip-flopper about Bitcoin? on: December 12, 2017, 01:19:56 PM
His latest bullshit:

Choice quote:

"One of Cramer's biggest pet peeves is hearing hedge fund managers talk about how the stock market is too risky for them or for individual investors.

Cramer said he was so glad he didn't listen to the people who told him for decades that stocks were too dangerous and too expensive."

Oh yeah, is that right Jimmy boy? Well I remember you saying this about Bitcoin in 2014:

We will never forget that you weasel!
2  Economy / Speculation / Is PayPal now feeling the pressure from Bitcoin? on: September 26, 2017, 02:28:41 PM

PayPal CEO Dan Schulman wants to make it easier for people, including those who live outside the financial system, to manage and move their money.

“There’s a saying that it’s expensive to be poor,” Schulman told Yahoo Finance in a recent interview at PayPal’s San Jose, California headquarters. “You want to cash a check, send money to a loved one, get credit, even pay your bills. For those who are outside the financial system — and there are over 70 million adults in the U.S. and over 2 billion people in the world — those basic consumer transactions can be incredibly time-consuming — you stand in line for 30 to 45 minutes — and very expensive.”

While the dollar costs of executing a financial transaction may seem reasonable for most, they can be quite high for those with very little income.

On average, an underserved consumer spends 10% of their disposable income on unnecessary fees and interest rates,” he added. “So democratizing financial service is basically saying the following: We want managing and moving your money to be a right for all citizens, not just the privileged, or the affluent.

Sound familiar?  Wink
3  Economy / Speculation / Does every mainstream media article on Bitcoin end in negativity? on: August 18, 2017, 11:03:54 PM
So for years now there's this running joke, that you can spy an MSM Bitcoin 'hit piece' article by either 1) the left compliment title, or 2) by the negative note left by the very last paragraph or the last line. If the headline doesn't turn Average Joe off completely, then the author must always end the article on a negative note to make sure and sway Average Joe away from Bitcoin.

Here's a typical one:

Bitcoin is more valuable than gold — but nowhere near as stable

I'll quote the very last paragraph:

Despite their similarities, there's one key difference: Gold has been much stabler than bitcoin, as we can see in this chart from Statista, which is based on data from Coindesk and onvista. So, for investors looking for a safe bet, the precious metal is still the way to go.

I beg you, find me one that breaks this format pattern and prove me wrong!  Grin
4  Economy / Speculation / This is a first on: May 28, 2015, 12:00:41 AM
First time I've seen an article in the main stream media about Silk Road and Ross Ulbricht (aka: DPR) that is without a single mention of Bitcoin.... anywhere in the article.

I think this is significant, as it's clear that the author went out of her way to NOT mention Bitcoin in the article.  They didn't vilify Bitcoin as they have typically done in the past, connecting it to drug dealing, Silk Road, etc.  Even the words 'crypto currency' do not appear anywhere in the article.

Turning point?
5  Economy / Speculation / China temporarily out of the Bitcoin game? on: April 16, 2015, 07:15:13 PM

Would explain a lot, especially since January...
6  Economy / Speculation / Occam's Razor on: March 24, 2015, 03:22:28 PM
LMAO at everyone panicking.

Selloff is to pay the tax man, nothing more.  Happened last year this time too.  Good buying opp.  We'll be back up in May.
7  Economy / Speculation / You'lll never be able to time the absolute bottom on: February 01, 2015, 02:33:50 AM
.... so quit trying.

Ask yourself this simple question:

Do I think that the price will be a good bit higher at the end of the 2015 year, than it is right now (~$220)?  

If the answer is 'yes', then just buy now and forget about it and hold until then.  Whatever happens between now and December, don't even care.

If the answer is 'no', then don't buy.  

It's that simple.  Most long investors think in terms of at least > 24-36 months minimum.  If you are gauging on a timescale lesser than 12 months, then you don't know how to go long on anything in your life.  You are just a shit newb investor that will never learn, that is all.

8  Economy / Speculation / Coinbase prepping for buyout? on: January 26, 2015, 02:05:05 PM
Coinbase is crushing it right now.  With the recent VC/NYSE investment news, and now the US-approved exchange news, it seems to me that Coinbase will eventually grow to be a buyout target.  I'm not suggesting this will happen within the year, maybe may take a few.  Or ten.  Or possibly never.  Who knows.

My bet is on an eventual PayPal acquisition.  This integration would make sense.  I mean hell, even their website looks nearly identical to PayPal's now.  I'm sure that's by design.


9  Economy / Speculation / Is Stamp the culprit? on: January 08, 2015, 08:33:18 PM
Well ever since Stamp went offline, all selling pressure ceased immediately.

10  Other / Meta / Stop shilling for your stupid altcoins here! on: September 16, 2014, 02:27:42 PM
It's quickly becoming the new form of trolling.  And it's fkn annoying as hell.  Take it back to your alt coin threads or private forums pls.
11  Economy / Speculation / Coinbase expansion into Europe on: September 11, 2014, 04:03:29 PM

To me, this is the biggest bitcoin news so far this year.  Why?  Precisely because the "masses" need an easy, reliable way to actually buy bitcoin, without worrying whether or not the broker/exchange is in full compliance with local KYC/AML laws and has good relationships with local banks.  This is how we pull in the other 95%.

My first experience with buying bitcoin was through Coinbase as it was the safest of options here, and I'm sure many others outside the U.S. will find their service user-friendly and reliable.  They also go to near ridiculous levels to secure their private keys in offline cold storage (beyond what most exchanges do) and are fully insured.
12  Economy / Speculation / Traders nothing left to dump? on: September 07, 2014, 07:20:12 PM
Go ahead troll dumpers, prove me wrong.  Let's see this epic selloff you keep squawking about.  Otherwise, this is the bottom.

falllling, I'm waiting.  Grin
13  Economy / Speculation / Dubai to drive the next boom on: August 29, 2014, 03:47:54 PM
UAE exchange opens in Dubai:

Bullish. As. Hell. 

Some rich people there.  Grin
14  Economy / Speculation / You've all been fooled: China is NOT in control of this market on: May 11, 2014, 03:58:24 PM

According to this chart, CNY accounts for only 7% of World bitcoin exchange market.  84% is in USD. 

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