Bitcoin Forum
October 18, 2017, 09:46:21 AM *
News: Latest stable version of Bitcoin Core: 0.15.0.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Poll
Question: What do you think about Shemitah?
Total nonsense, nothing will happen - 3 (30%)
I'm not sure, probably nothing will happen - 1 (10%)
There must be some truth in it, let's see - 2 (20%)
I believe it's true but it' greatly exaggerated - 1 (10%)
15 September will be total collapse comparable to 2008 crisis - 3 (30%)
Total Voters: 10

Pages: [1]
  Print  
Author Topic: What do you think about Shemitah?  (Read 724 times)
BTCat
Legendary
*
Offline Offline

Activity: 1372



View Profile
August 02, 2015, 02:52:07 PM
 #1

What do you think about Shemitah? The guy focusses mostly on events on or around 15 September.

https://www.cryptocoinsnews.com/believe-shemitah-foretells-bitcoin-price-increase-fall/

The video in the article is here:

SHEMITAH EXPOSED: Financial Crisis Planned For September 2015
https://www.youtube.com/watch?t=1562&v=rkELgi6EkNo


AMLBitcoin is Decentralized Banking on the Blockchain. Visit AMLBitcoin
Tokensale is LIVE: AML Tokensale
1508319981
Hero Member
*
Offline Offline

Posts: 1508319981

View Profile Personal Message (Offline)

Ignore
1508319981
Reply with quote  #2

1508319981
Report to moderator
"With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1508319981
Hero Member
*
Offline Offline

Posts: 1508319981

View Profile Personal Message (Offline)

Ignore
1508319981
Reply with quote  #2

1508319981
Report to moderator
1508319981
Hero Member
*
Offline Offline

Posts: 1508319981

View Profile Personal Message (Offline)

Ignore
1508319981
Reply with quote  #2

1508319981
Report to moderator
1508319981
Hero Member
*
Offline Offline

Posts: 1508319981

View Profile Personal Message (Offline)

Ignore
1508319981
Reply with quote  #2

1508319981
Report to moderator
BillyBobZorton
Legendary
*
Offline Offline

Activity: 980


Enjin Coin - Smart Cryptocurrency for Gaming.


View Profile
August 02, 2015, 10:53:47 PM
 #2

I saw the video in the dollar vigilinate the other day. I think Ben is a good guy but I also think he may slowly turn himself into some sort of Alex Jones type of persona. This shemitah thing seems dodgy to me to say the least. It seems like a bunch of cherrypicked dates pull together and wrapped around this sort of religious mistique. I personally think nothing will happen. I wish something happened tho, everything that destroys the current economic system helps BTC go to the moon.

Meuh6879
Legendary
*
Offline Offline

Activity: 1400



View Profile
August 02, 2015, 11:48:46 PM
 #3

true ... is always simple.
johnyj
Legendary
*
Offline Offline

Activity: 1834


Beyond Imagination


View Profile
August 05, 2015, 02:14:55 PM
 #4

Usually a crisis always hit from the most unexpected area, where everyone think it is the safest, that's where the 0.01% start to hit and harvest. Following this thinking, people are still worrying about the stock market, housing market, bond market, all those will not have a problem

Typically, a financial cycle is to attract people into one type of assets, and when all of them are holding this asset, crash the market price and force them to sell or bankruptcy, thus make them poor again, all their wealth transferred to a few elites

After financial crisis, almost everyone is stacking on more and more cash reserve, so majority of people are holding currency as asset, then this time the value of currency should be crashed and force them to get rid or all their currencies, and make them poor again, all their wealth transferred to a few elites

But how it will play out is unknown, I guess it will not start from the strongest currency, might from Euro due to very unstable situation in Greece right now.

When assets crashes, you can always print money to support its price, but when a currency crashes (hyperinflation), there is almost nothing you can do to stop it, because currency's value is purely established on confidence. So if there is really a currency crisis, it will be very severe

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!