bbc.reporter, is it some kind of inside joke that you never get the fucking photo right of the guy you are supposedly referring to? And yes, Peter Schiff will never live this one down when it comes to pass Bitcoin @ 50K.
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Fuck you Dutch - give us Greenland*
*Half-joking
Haha Trump what a guy, delay the meeting with Denmark cause of...... He makes it hard to defend him sometimes. TBH I'd vote for him again just for the comedic value, if nothing else. One day he 's gonna put all stand-up comedians for shit! Well in that case can we just get Dave Chappelle in office then? At this point I think he could do a better job, and he's waaayyy funnier.
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Does anybody have a clue wtf is this? Source: https://bitinfocharts.com/bitcoin/There are almost 25million bitcoins transacted in the last 24 hours. That's bigger than the all circulating coin supply. Someone with 1k btc needs to make 25k transactions in 24 hours to make this possible. Bitcoins sent avg. per hour (last 24h) 1,034,709 BTC ($10,360,163,019 USD) The question is, Wtf? Anyone? Likely wash trading? Or the tracker is off with bogus data
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PSA: Always believe the MSM, because their message is always consistent. Lol.
“The underlying consumer is doing well and making more money. More importantly, they’re spending more money,” Bank of America CEO Moynihan tells CNBC.
vs.
“What no one seems to talk about is the underlying fundamentals behind the consumer are actually deteriorating before our very eyes,” the firm’s chief economist and strategist said Tuesday on CNBC’s “Futures Now. ”
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Embrace Bitcoin.
Run away from shitcoins.
That is all.
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People like Martin Armstrong claim the govt is going to go ballistic trying to shakedown citizens for huge taxes and steal all their money in nefarious ways. That's complete nonsense. The common citizen has zero money to steal. You can't get blood from a stone. Their only option is for the govt to raid billionaires at places like Apple, Google, and Amazon because they accumulated all the money, but it will never happen because they're connected and have their money offshore anyway. So print to Zimbabwe it is (or go back to metals as money because this is the end).
Actually they're already doing it, but not through higher taxes. It's by forcing higher debt and higher cost on to citizens by raising the price of everything they have to have, while keeping wages flat. College education up 3X in 10 years. House prices up 2-3X in 10 years. Car prices up 2X in 10 years. Smart phones up 5X in 10 years. Health Insurance up 3X in 10 years. Gas prices rising again. Electricity, natural gas doubled in 10 years. All while wages are stagnant or falling over the same period. The only thing they've managed to keep a lid on somewhat is food prices, because food is not based on long term debt that they can get interest from (ie., no one goes out and gets a long term loan for food). Margins on food is minuscule. Also food has a breaking point where you can't raise prices beyond (people will just grow it locally if it becomes too expensive). People need to wake up! When equities, real estate, collectibles, cars, smart phones, energy, insurance, PMs, Bitcoin are all up higher and higher YoY at the same time wages are going south, economies are crumbling, retail is crumbling, and we have mass layoffs, it means that we are in a fkn melt up! Slow road to hyper inflation. How soon until it picks up speed?
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I'd like to see any of these shitcoin lovers that come and grace this thread, answer this one question:
If Bitcoin functions securely, has the most and widest user/broker/exchange/merchant/miner support, and does everything it needs to do for both e-commerce transactions and SoV, why look elsewhere for anything else?
If you can't answer honestly without throwing in " 'cause speculation reasons", then you are full of shit. Because outside of that, trying to get rich on a flyer or something, you'd have no valid reason.
Horrible privacy, Horrible scaling at the first layer, unreliable for microtransactions...etc, and now toxic community that has cult-like features. Beam is everything that Bitcoin is not that is why I say it is not a zero-sum game. Also, ain't no one telling me about how is the code is great, I worked for a company that basically made shitcoins for other companies (private blockchains), it is so much insulting to hear about how much talent Bitcoin devs have, other industries have thousands of better-talented people that you can't even start comparing.. I cringe so hard every time I hear this especially because most of the time it comes from noobs who have no idea. I love how you shitcoiners are always jumping ship. I thought it was Grin or some shit that was "bestest". So Beam is the shitcoin du jour this month? What'll it be next week, or month? Another new shitcoin? I guess there's always a new "bestest shitcoin" right around the corner. Make sure you catch the pump tho, and then dump it. No reason to support it for years, or even decades.
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I'd like to see any of these shitcoin lovers that come and grace this thread, answer this one question:
If Bitcoin functions securely, has the most and widest user/broker/exchange/merchant/miner support, and does everything it needs to do for both e-commerce transactions and SoV, why look elsewhere for anything else?
If you can't answer honestly without throwing in " 'cause speculation reasons", then you are full of shit. Because outside of that, trying to get rich on a flyer or something, you'd have no valid reason.
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it's not 2014 anymore. the altcoin markets are much more liquid than that. if you sold 1000 ETH on coinbase right now, you'd crash the price a whopping $2 down to $220. Every heard of spoofing and fake bid walls?
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My only regret is that I didn't shovel $50k into ETH in 2015 and cashed in $50 million two years later.
You would never have been able to do this. ETH has no liquidity, the market float is laughably thin. Just trying to liquidate 1000 ETH on a single exchange would crash it down to cents.
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OT: Not that I personally believe Bitcoin is only an investment, more of a digital online money that is still growing in value. But I'm so sick of seeing well known wealth investors in the media saying shit like "Bitcoin's ship has sailed...shoulda got in at $1, but not worth it now."
Total bullshit.
If Bitcoin's fiat value *only* doubled from here within say, 6 years (I'm being waaay conservative here for sake of argument), it would still TROUNCE every single hi value equity out there in the market today. Including Apple, Google, Facebook, or Amazon. If it merely matched the gains of any of those other equities, it'd still be worth it. And if it *only* increased by 5-6% a year over a 6 year period, it would beat something like 90% of ALL equities out there.
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It's time (again) for a Wall Observer Meta Post! I am going to switch to monthly schedule soon! Merit analysis based on LoyceV merit file: http://loyce.club/Merit/merit.all.txtMerit updated to Friday,26, Jul, 2019 02:51:39 UTC [snip] As a side note, ya'll need to quit meriting our resident troll-who-must-not-be-named. The asshole has nearly 300 merits, but gives back merits to no one else. He is not funny. He is not cool. He spews a bunch of worthless crap. He is a fkn troll. And he won't leave. Stop meriting him pls. And for the love of the godz, don't quote him.
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We have always had various price sticking points in BTC... ask Torque.
$9999.99999999 FTW
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A catastrphic study by IEA: Bitcoin energy use - mined the gapAs the price of bitcoin skyrocketed in 2017, attention turned to the cryptocurrency’s energy and environmental footprint. High-profile news articles reported that electricity use of the bitcoin network had equalled that of medium-sized countries and was on track to consume as much electricity as the United States in 2019 and all of the world’s energy by 2020. A widely reported article in Nature Climate Change warned that Bitcoin emissions alone could push global warming above 2°C.
By 2024, the heat from bitcoin mining would cause the planet's crust to crispen and catch fire, ending all life forms in complete heat death. By 2026, the earth's heat would be so hot that the planet would likely implode and supernova, creating the galaxy's first twin sun solar system born of the artificial negligence and hubris of mankind. Bitcoin will kill us all...very soon.
Tsk tsk...these journalists these days, just can't be bothered to do the extra research and correct their articles. There, fixed it for them.
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All I read here is "blah blah blah BTC price will crash blah blah blah blah BSV will be king blah blah blah blah blah BTC price will crash blah blah BSV will be king blah blah blah blah BTC price will crash blah blah blah"
Like being wrong much, sgbett?
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Nevermind the obvious blatant lie that "nobody uses it". Is this what substitutes for honest discourse in your pathological mind?
He meant "nobody" as in nobody that matters. You, Judas, Aussie Man, Porn Man, Coke Man, and a handful of other idiots don't count. So, no not a blatant lie. Lol.
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