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2001  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 08, 2020, 10:07:42 PM
"But I paid into that my whole life!"

Ya, you also took more than you paid in your whole life as well. Time to pay back.
Exactly. That's the really infuriating part. Young boomer money was not locked in a box and left to get dusty, it was spent on all the social programs they have used their entire life. Especially and most expensively, care for the elderly when they get old.

The welfare state is a huge scam. Time to end it.

I even tell this to my parents. They don't like hearing it, but they also can not argue against it. This is a simple numbers game, you old decrepit farts.

But...bbut...does not matter what party you vote for in the U.S., none of them are going to end welfare, SS, or funding pensions. They'll just keep printing moar fiat to pay into it.

The Republicans won't end it.

The Democrats for shit won't end it.

The only party that has a snowball's chance in hell to end it, the Libertarian party, no one will vote into office.
2002  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 08, 2020, 08:05:17 PM
Jimbo is a boomer. He complains about being lumped in with those "other" boomers of a slightly different age, yet says not a word about the taxes they have imposed on all of us. Boomers are inherently narcissistic. Look elsewhere for answers.

Lawl. Which taxes exactly did boomers "impose on all of us"? The most evil of taxes, income tax, is centuries old in Britain. Even in the USA, the 16th Amendment is over a century old. The free government spending of the New Deal started long before the boomers were born. Boomers are victims just like everyone else since.

As for boomers being narcissistic, look who's talking. Boomers aren't the ones referred to as "snowflakes".

Boomers were about change: civil rights, the sexual revolution, the peace movement, the counterculture, rebelling against the military industrial complex, etc.

Look elsewhere for scapegoats.


Not to mention, the vast majority of Boomers I have met in my lifetime said that they voted against the raising of taxes (through parties or reps) at every step in their lives. But with such a corrupt political system, they were going to go up regardless.
2003  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 08, 2020, 07:23:09 PM
Pay off most things like mortgage and be a free man... let the rest mature further
Nothing free about having to pay taxes.

New poll suggestion. Do you say yes or no to the taxman? Is it better to be a slave or a prisoner?

I keep my capital gains under the level required to have a tax rate of 0%. It used to be $35k which was fine living in Thailand. Now I am married so that is now just over $70k. Plenty of income for me per year. It's fairly cheap living here in Panama.

Speaking of, we are considering eventually moving to somewhere in the US. Does anyone know of which state has the lowest/almost zero property taxes?

Hawaii, but then you have to deal with the volcano situation.

I'd look at southern states like Alabama, Louisiana, or Tennessee. Maybe Utah as well, they are fairly pro-Libertarian.
2004  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 08, 2020, 05:36:30 PM
The U.S. stock market so divorced from underlying fundamentals it's not even funny anymore.



I guess the difference between the two lines is "inflation"? Looks scary.

"Asset price inflation". Aka "Minsky Melt-up".

Quote
"This surge in asset prices will benefit a small minority of wealthy Americans and actively harm the vast majority via costs of living surging versus significant unemployment, flat wages, and eventually goods and services inflation."
2005  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 08, 2020, 04:56:36 PM
That's some strong ass hopium.

I'll throw this out there too, from AnonyMint:



Don't you just love all these guys that rage quit BTC for some shitcoin fork(ABC, BCH, BSV), but still deeply care about Bitcoin's future price development?
2006  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 08, 2020, 04:28:06 PM
The U.S. stock market so divorced from underlying fundamentals it's not even funny anymore.

2007  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 08, 2020, 02:12:14 PM
I have a gut feeling that we might visit 9100 soon.  Undecided

That's entirely possible, the whole market just feels lifeless.

No real volume of players in this market rn, in fact haven't been since last year. They sold in May and went away.

I don't forsee any action until later in the year.
2008  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 08, 2020, 01:43:25 PM

Government over-reach again. Or perhaps under-reach, depends how they go about it.

Can't wait to see how this is going to go over in Japan or France, lol



2009  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 07, 2020, 05:16:30 PM
OT - Police story time:

"There's a case from Georgia from a few years ago - and down in the same area where Arbaury (sp) was "hunted like an animal" - of a white man killed in a mistaken no-knock raid, just like Breonna Taylor in Louisville.  Cops kicked in his door in the middle of the night and the man had the nerve to dare to defend his home, got shot multiple times.  And nobody in the media here or nationally gave a damn about it.  The man's name was David Hooks in Dublin, GA, if you want to look it up. A meth addict had stolen a car from Hook's home and got caught in it by police in possession of drugs. The addict claimed the drugs were in the car when he stole it, and that was the reasoning the police took to raid Hooks' home. After they raided the house and killed him, they found exactly ZERO drugs anywhere on the property."

And this event never made it to the front page of *any* MSM website at the time. Why?  Huh
2010  Other / Politics & Society / Re: Cop broke the windows at Autozone which sparked riots across America on: June 07, 2020, 04:40:18 PM
It's not like they need to stage a cop killing a black guy for any sort of false flag. That stuff happens so often you may as well stage a false flag of a liquor store getting robbed.

The key is to prepare the hype. Just like Corona virus...take something that is common, hype it up to make it seem like something huge, make sure people are scared...more government.

Yep, just like you said, police situations like this one happen nearly every week somewhere in America, or somewhere in the world.

The difference is that the MSM has the power to *choose* whether or not to keep media coverage of those events repressed/invisible, or bubble them up to the surface (front page) at just the right moment. They also have the power to then hype it into the stratosphere.

Would the MSM highlighting this police situation have worked as well if done last year, or the year before that, or the year before that? Would it have made the same impact on the public?

Nope. Because everyone had a job then, unemployment was at an all time low, people were being told the world economies were recovering, and the stock market was flying to new ATHs. The powers that be know not to piss on that parade while positive sentiment is ripping higher and higher. Best to wait until after the crash to fan the flames of racism, social injustice and inequality, which are always there under the surface, waiting to come roaring out again.

The people are constantly being played like a fiddle, and it seems to work every single time. We've seen FUD work to crash the Bitcoin market, and to increase the ongoing bear market. Why then people can't see the same forces at work in the larger world, I can't understand.

To paraphrase Satoshi, "If people can't see it for themselves, I don't have time to explain it to them".
2011  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2020, 11:19:03 PM
Exactly, Mark gives absolutely no evidence or even detailed opinion to support why it's "not fungible" and "can't be a replacement for the current system."

Just open blockchain explorer. You will see then why Bitcoin is not fungible.

I hate it when people make broad statements like this and just walk away.

Care to explain what you mean in more detail?

Every Bitcoin have whole history written in it. On what wallet it was and with what other coins was in other wallets. It is the same as we would have a dollar bill and on back of the bill would be written who own them what random anonymous wallet id contained them all the way back from when they come from FED printers room.

FTFY. Doesn't ID the person behind the wallets. And also here's the thing about that "feature"...



2012  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2020, 05:54:24 PM
umm okay... don't shoot the messenger.



This exposes the truth right there, that Covid-19 lockdowns were political/agenda-driven. Because risk of transmission isn't selective.
2013  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2020, 05:51:47 PM
Exactly, Mark gives absolutely no evidence or even detailed opinion to support why it's "not fungible" and "can't be a replacement for the current system."

Just open blockchain explorer. You will see then why Bitcoin is not fungible.

I hate it when people make broad statements like this and just walk away.

Care to explain what you mean in more detail?
2014  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2020, 01:38:03 PM
Who understands it? He claims that Bitcoin can be a Haven of value, then changes everything he says when he claims that it would not be useful in the economy, it is incongruous.

Mark Cuban questions how a bitcoin economy would work, agrees on BTC as a store of value.

Quote
Cuban said that bitcoin can “be a store of value,” but pointed out that while the analysis of Preston Pysh on the current financial system wasn’t wrong. But he is wrong about the fungibility of BTC and it’s ability to impact society as a replacement for the current system, he added.


Exactly, Mark gives absolutely no evidence or even detailed opinion to support why it's "not fungible" and "can't be a replacement for the current system."

But I know why. He's just a mouthpiece for the system. Because 90% of Bitcoin is already in the hands of people outside the "system", and that's why they don't want to use it.
2015  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 06, 2020, 01:28:37 PM


 Roll Eyes

The banking institution(s) that are literally fucking over every person in the world are now virtue signaling.

Condescending and ironic doesn't even begin to describe this.
2016  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 05, 2020, 06:27:19 PM
...

Seriously I gotta ask, how old you?

Look up "Million Man March". Happened 25 years ago.

And guess what? Nothing changed after that. Nothing. In fact things got worse.

"But this time things are different".

You might be right (ok, you are) but the spirit survived.
That's the main point.

And well, things always get worse, don't they?
 
Quote
Rome wasn't conquered within in a day.

Don't get me wrong, I love the (meaningful) protesting, I love the energy and spirit, really I do.

But as always with youth, the energy is always misdirected to a place where it will do little good.

Instead of marching on Washington D.C. en mass and going for the national "photo op", have 10K+ people instead march directly to the street of each of their respective Senators' houses. Camp out on their front lawn (figuratively of course), block their street with a list of specific demands, and tell their Senators that if they don't help draft and pass legislation to change those things, they are voted out in the next election.

If protesters aren't affecting or inconveniencing the Senators' lives directly in some way, nothing will change. Senators probably don't even have time to watch TV, so with a march on Washington they can just choose ignore it.
2017  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 05, 2020, 04:42:13 PM
... I believe something historic is going to happen in Washington D.C. this weekend. A huge rally of over a million souls, probably many more will be converging on the bloated swamp of corruption and self-interest, commonly called the federal government, to demand change.

Seriously I gotta ask, how old you?

Look up "Million Man March". Happened 25 years ago.

And guess what? Nothing changed after that. Nothing. In fact things got worse.

"But this time things are different".
2018  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 05, 2020, 02:08:09 PM
I am drinking my Luckin Coffee and watch BTC to pass 10.000$ this weekend. Get ready boys. 5 digits are near!

I heard their accounting dept wrote down your coffee purchase as 5000 sold.
2019  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 05, 2020, 01:51:41 PM
Jobs report negative, stock market soars.

Jobs report positive, stock market soars moar.

Fiat printer goes brrr.

Such sophisticate.
2020  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 05, 2020, 01:08:50 PM
Bear whales right now

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