The system replaced? Then what happens to all the elder people or people who been enslaving to work for their money held in the banks?
Do they just say oh well? There needs to be a measurement, for the banks within their own from a third party to say you are crossing the line step back until you pay the balance like how they issue our credit to us as well.
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Frugality is currently not in style. People just can't take the baby steps, too impatient. People who gorge on debt will eventually choke.. and the sad story those, those that live frugally might not make it anyway due the system being a scam within itself, they'll just probably be a little bit less fucked.
Everyday should be what can I do to hit a huge principal balance. Hitting the lotto doesnt count. Its not a easy road, but what choice is left? It can be building a company, to where you actually do production or starting a company of some other supply of demand. The indiviual needs to understand that the whole frugality concept should be only temporary to manipulate your odds of winning for that one moment. It took 4 years to build, but now $14 mill dollars richer mentality.
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Priceless, but this is to hedge your risk for holding gold too long?
Gold is used for a lot of things, such as jewlerey, banks holdings, so whats with the sudden move.
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Essentially debt is created on credit,other wise banks/finances wouldn't exist,bearing in mind exports/imports,infrastrcture development,employment wages,passing bills,taxes ,interest rates,rebates..etc are the lifeline of a developing country, there is a fine balance in maintaining currency regulations, so if you were to make everyone poor and the value of money to be infinite,an economy would cease to exist
The system is devised SO that you are a debt slave from day one, regardless of whether you're an idiot or not. How many people are able to pay, in full, for their house, car, education, and healthcare? Please tell us (I dont mean specifically you) how you would save(d) for these things with rampant inflation. In this fucked up system, one could argue that "idiots" actually do better, since they clamor for assets, while "smart" people try to save in a currency not meant for saving. Everyone has a choice, and the only way to be out of the enslavement is hacking your life. Either if its eating and making money, social skills these are all your areas that most will never even consider until their late age. Eating - can be starting with cold press juice, outsource workers for personal stuff, like VA`s, the list goes on.
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Buy gold and short btc.
You should always hold on what most majority holds, before doing anything its a safe rule of thumb to follow. As for btc, since most people are still holding onto it global level I`d still hold, but short if you feel like the direction of bitcoin is going nowhere fast. Then do 90% and leave 10% in bitcoin. Bitcoin has been struggling which way it wants to go, or just consider nothing but illegal stuff.
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Everything we do now in fiat form, would be used same way as crypto form.
But in sub sections of micro transactions are split. Theres no way to quanitfy anything of what bitcoin will be, theres the debate on being a commodity, everyday currency, or used for something else.
Its a endless struggle, but in between that time theres always profit.
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Money isnt really a imaginary concept.
If it wasnt for a fiat system in place, what you expect people to barter and be okay with it? The only reason why the system is in place is to avoid the nonsense of bartering, but it just happens that the banks also have the ability to cash out as well since they offered it.
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It should been always to do both, while investing more though.
Thats the key if you really want money to work for you, but based on the right investments. See what invesments fail, governments fail too, but just takes a longer period so if you see every form of investment just see if it has a longer ticking bomb then others.
Like the IRS note I mentioned, it also can fail but the odds of failing might a lot less sooner compared to other ones.
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Well you can always sell off when it rises to hedge your risk.
And when you do sell enough profit, go back in when it starts going down you got yourself free coin to just hold as a free credit.
Its what Ive been doing, so regardless if the value does drop to zero, I had free risk $200 that wasnt mine.
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I`m not holding really on the value of technology.
I`m holding because the limitations of bitcoin produced is a set amount and therefore increasing the value either way such as a commodity regardless people debate on going up or down.
Yeah you can debate if everyone sold off their coins, but thats something I doubt esp when theres $3 mill or more into btc in VC money. Or you can call it a .com bubble, but I`m willing to ride it out since at the end of the day this blockchain will be used in some way.
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If the fall our dollar started way way back, and comparing now shouldnt it be on the road to zimbawe money.
But its not doing this because other international reletionships doing the same thing for others and private loans to one another. Its crazy cause I just a recent documentary where this guy bought $3 mill companies with cash he didnt have and went to the bank asking for it.
Since the rates were dirt cheap.
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I see it more retracting, and this is only a temp rise.
But, this is just what I seen from the past, and of course this is all speculative no one can really anticipate every or any price movement.
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Op is just crazy.
Of course, they havent heard of bitcoin or discuss it at the dinner table cause the only way most get their info is on cnn or the local news on the tv station.
If cnn reps bitcoin negatively, the 1st impression will always get to people thinking its a waste of time to dig in, but they failed to see cnn doesnt really explain the right information as well.
The scamming though, doesnt help bitcoins image yet, millionaires invest? That should say something to question your curiosity.
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any form of vouch accounts? with whatever balance you seem fair.
also can you get myfreecams or is it just chaturbate. you should also mention escrow that would help.
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I am suspecting a long stabilization periode as a next move unsatisfying bears as well as bulls.
Indeed. The herd is right until they aren't. Stabilization for another few months/ maybe even years lets people know that this is the floor and the psychology around bitcoin being "expensive" will gradually change. When that does... we go up again. There's too much manipulation in Bitcoin. Those people we saw on BTC-E 2 days back won't let it stabilize, unless by that you mean constant trading in the 200-300 range. Yet, people still go out and buy the coin due to fear of missing out. Thats a constant cycle, since most believe the last 6 years since its launch will have a better year for each prior. But all the manipulation is out of anyones control, instead I`d worry about how to hedge my risk.
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Whatever floats your boat, but dont sink mine.
The rebound happens when its least expected in short spans, and the bigger ones are the one most people think they get it right based on PR news with btc with the whole ETF possibility.
I see everything based on risk management and each person has their own levels of risk, I invest not based on price.
I invest on the possibility of others adapting this technology which has significant value along with comparing the gold standard.
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$41,000 to blow? lol.
You already can put half of that into a smaller note on a governement issued and get 1%, get another $50k in there and now you produce $1,000 every month.
Keep in mind when I mentioned a note, its less then 30 years so you can get your principal back within several months still. Hedge your risk with the tradtional cash flow unless youre already doing it and thats how you got your $41k then break it up into increments while the price goes down.
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it seems that every years is getting worse, now with ISIS bitcoin will suffer too, because they are using it as a payment, which mean more dumping
euro is falling, while usd gained something, so not everything seems to decline
you shouldnt be too pessimistic here. its not as if silkroad was non-existent there will always be some form of illegal transactions used with bitcoin, thats pretty much given based on human history. you see that not only in bitcoin, but in fiat money as well, so I dont get your point.
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It's better to save first and then investment. Because for investments you need funds and you can hold funds only if u save at the primary stage. And look for safe investments even if its not giving best returns but atleast you can earn some returns.
Like I said, you can save only so much in your life span of time. You really think youre going to enjoy that money when youre like 50 years old? Focus, instead what matters which is right now. The primetime of your life when youre still young and enjoy a huge lump sum principal. I make it sound its easy obviously, but its not. But, so what? get creative? learn to code, become a sell out. It doesnt have to be code, but it can be anything as long you sell out. The key difference though, is finding how many years it took for that person to create what it takes and avoiding that route. You`ll still feel you wont have enough money because cost of living always increases.
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You cant blame a whale for trying though right.
Its a form of capitalism on how they see fit, either its a morale thing or not. If its fake buy order, esp if I`m holding onto more then a certain amount of coins, I`d be wanting easy sell off to buy something in cash.
Cause that cash can go into real estate or something they feel got for free by doing a small easy price manipulation.
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