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I was watching world strongest man competition 2018, and there was this "Bullion toss" contest
Those huge men were throwing/tossing 20 kg to 30kg Gold bars 15 feet high. They were solid gold bars or iron bars plated with Gold ??
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When I click the images for captchas, they disappear or I keep clicking new captchas till I get the message "your computer is sending too many requests" and then it is over. Also the images are somewhat blurry. I have to abandon the websites for past 2 months because of captchas errors. Can you help me with this ??  |
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EU says Google illegally pushes searches, browser Android Google received a record 4.3 billion-euro ($5 billion) antitrust fine from the European Union and was ordered to change the way it puts search and web-browser apps onto Android mobile devices.The penalty -- the same amount the Netherlands contributes to the EU budget every year -- is far higher than any other dished out by the U.S., Chinese or other antitrust authorities. More significantly, Google was given until mid-October to stop what the EU called "illegal practices" on contracts with handset manufacturers that push its services in front of users. It faces daily fines of 5 percent of revenue if it doesn’t obey. Google owner Alphabet Inc. generated about the same amount of money as the penalty every 16 days in 2017, based on the company’s reported annual revenue of $110.9 billion. https://www.bloomberg.com/news/articles |
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Bitcoin $7,000. Dow Jones 26,000. That way new all time high price for Gold will be $2400/ounce.
Iran crude oil getting banned worldwide and Iran threatening to block major supply route through Gulf seas. Crude oil going back to $150/barrel.
Some $1 trillion trade/tariffs war started by Donald Trump with many countries.
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PayPal’s chief financial officer, John Rainey, spoke positively of Bitcoin’s (BTC) use as a future popular option for payments during an interview with The Wall Street Journal (WSJ) published Monday, Feb. 19. In a section of the interview entitled, “Тhe crypto factor,” Rainey said that PayPal was one of the first companies to accept Bitcoin on their Braintree platform back in 2015. However, Rainey adds PayPal co-founder Max Levchin said in December of last year that while he thinks Blockchain technology is revolutionary, he hasn’t “figure[d] out” his views on Bitcoin’s future yet.Coinbase, a cryptocurrency wallet and exchange platform, added former PayPal executive David Marcus to its board of directors last December. https://cointelegraph.com/news |
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Though the online e-commerce pioneer stopped short of integrating bitcoin into its digital wallet or payment processing services directly, the move marks PayPal's first formal offering to the bitcoin community. In a blog post penned by senior director of corporate strategy Scott Ellison, PayPal revealed that online merchants will now be able to accept bitcoin via all three companies through its PayPal Payments Hub, its product that enables customers to accept credit cards, mobile carrier payments and other payment methods through a single integration. PayPal is available in 193 markets and 26 currencies. With 143 million active registered accounts and $6.6bn in revenue at the end of 2013, the e-commerce giant brings the potential for new users and new business to the bitcoin economy. https://www.coindesk.com |
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10 to 12 times profit is 14 years is OK. Then it stops as per normal trading in financial markets. Now stock markets will most likely see -30% fall.
$400 to $7000 in 4 years for bitcoin is 20 times profit. This could be the reason Bitcoin starts falling from $6,700.
When will you sell Bitcoins ??
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Let's say you buy a $20,000 car and you have this car for 7 years. So $20,000/7 = $3000/year.
You will change all the 4 tyres every year plus fuel expenses every month plus maintainence/garage expenses for 7 years.
So your monthly expenses for a $20,000 car = $700/month (approx) and for $200,000 car = $4000/month (approx)
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Look at all those machines in factories that make iron chains, water jets cutting iron and steel (video timer 2:45), large iron springs and much more.. Video: https://www.youtube.com |
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I'm sure that in 20 years there will either be very large transaction volume or no volume -- Satoshi Nakamoto
What will be volume of Bitcoin transactions after 20 years ??
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A helicopter from the aircraft carrier USS Abraham Lincoln hovers over an Iranian patrol ship during a transit through the Strait of Hormuz Tehran is threatening to block the Strait of Hormuz, a crucial artery for oil shipments from the Middle East, if Iranian exports are hampered. This will result in a huge loss of global crude supply and soaring prices.“The declared nominal throughput capacity of the Strait of Hormuz is about 14 oil tankers per day, or 17 million barrels per day, or about half of the world’s daily crude oil exports. If exports through it stop, the law of supply and demand would double oil prices to $160 per barrel,” Vladimir Rojankovski, investment analyst at Global FX, told RT. The analyst added that if the Strait is blocked for one or two months, oil traders could panic and buy out all available crude futures, sending prices to $250 per barrel. However, Rojankovski expressed doubt that Iran would do that since the area is highly militarized.Most of the crude exported from Saudi Arabia, Iran, the United Arab Emirates, Kuwait, and Iraq passes through the Strait of Hormuz. It is also the route for nearly all the liquefied natural gas (LNG) shipments from the world’s largest exporter, Qatar. https://www.rt.com/business |
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As US tariffs on Chinese imports worth $34 billion kicked in on Friday, President Donald Trump said he would consider imposing additional levies on $500 billion in Chinese goods, should Beijing retaliate.Another $16 billion are expected to go into effect in two weeks and potentially another $500 billion, Trump told reporters aboard Air Force One on his way to Montana before the tariffs kicked in.First “34 (billion dollars), and then you have another 16 in two weeks and then as you know we have $200 billion in abeyance and then after the $200 billion we have $300 billion in abeyance. Ok? So we have 50 plus 200 plus almost 300,” Trump said, adding “It’s only on China.” Hours after Washington introduced 25 percent trade tariffs on $34 billion worth of Chinese goods, Beijing retaliated with mirror measures against American imports. Chinese tariffs will reportedly target US products such as soybeans, seafood and crude oil. China warned that while it has promised not to "fire the first shot," it would now be forced to "counterattack" in order to defend its core interests. It has vowed to inform the World Trade Organization (WTO) and work with other countries to “jointly safeguard free trade and the multilateral system.” https://www.rt.com/business |
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What problems in the world can Bitcoin and blockchain technology solve ?
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As per a study, there are 256,000 mice/mouses in 1280 acres area.  |
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Bitcoin will be used as legal payment system in all the countries, anonymous payments, a real asset and large volume of transactions.
any more goals for which bitcoin was launched ??
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Note: See on the right side of each post (top right corner) there is "+Merits" There is $10 to $100 worth of Gold in each computer processor (intel, qualcomm etc..). Gold runs the technology world. Gold is not getting used in laptop and computers only but also in smartphones and TVs . The gold used in these devices is not recoverable and it make around 10% of the total demand of gold. There is still too much scope in the expansion of the smartphone industry so this demand will go up and remember this amount of gold is lost (deflation). There are other industry uses of gold (like medicine, aerospace etc.) but they do not make a significant portion. Gold is at $1300/ounce and 1 Bitcoin is $6,200
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Bitcoin is trying to eliminate US Dollar, Euro (world currencies), banks, gold, silver, anti-government, debit cards and credit cards, anti-tax
How will Bitcoin survive the many enemies it has created by declaring itself a revolution in payment system and decentralization??
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