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Author Topic: I am pretty confident we are the new wealthy elite, gentlemen.  (Read 609190 times)
MoonShadow
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November 30, 2013, 10:31:25 PM
 #641

~10% daily growth!

For now.  Keep in mind that we've had several bubbles already, and a 10% daily growth rate screams "bubble!".

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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BittBurger
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November 30, 2013, 10:48:02 PM
 #642

~10% daily growth!

For now.  Keep in mind that we've had several bubbles already, and a 10% daily growth rate screams "bubble!".

This has been nothing but a staircase.   I don't see a bubble.  We had 10% daily growth rates over.... and over ... and over .... and yet all we've done is gone up.

Worlds biggest bubble?  Or staircase....

Either way ... We are the new wealthy elite, gentlemen (and gentlewomen).

Bitcoin's true purpose defined in Satoshi's message on the Genesis Block:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
View it on the Blockchain | Genesis Block Newspaper Copies
MoonShadow
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November 30, 2013, 10:51:41 PM
 #643

~10% daily growth!

For now.  Keep in mind that we've had several bubbles already, and a 10% daily growth rate screams "bubble!".

This has been nothing but a staircase.   I don't see a bubble.  We had 10% daily growth rates over.... and over ... and over .... and yet all we've done is gone up.


then you haven't been around here long enough.  I've seen at least three bubbles pop since I've been here.  It's like the Bitcoin economy is moving along at 10 times the speed of the greater economy as it grows.  I don't doubt that we'll see a $10K BTC before 2020, and maybe before 2016; but it's not all up.  Nothing is ever all up.

"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
Tirapon
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November 30, 2013, 11:11:51 PM
 #644



Looks like Bitcoin is about to stick a needle in the Gold Bubble.  Grin  Cheesy
These gold comparison numbers are arbitrary since gold is priced per ounce and BTC is priced per BTC

But the comparisons have psychological impact

Lol at that tiny blip which is the April bubble and crash.
arklan
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November 30, 2013, 11:13:20 PM
 #645

Lol, look at the 2011 one.
wachtwoord
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November 30, 2013, 11:16:41 PM
 #646

Lol at that tiny blip which is the April bubble and crash.

And the crash that is still in our future will look the same in hindsight Smiley

Tirapon
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November 30, 2013, 11:34:12 PM
 #647

Lol, look at the 2011 one.

Where? I can't see it!
Erdogan
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December 01, 2013, 02:03:31 AM
 #648

This is sailing on flat water. Beware when it doubles in less than 8 hours.

BittBurger
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December 02, 2013, 07:31:27 AM
 #649

As would be appropriate, it looks like this thread has gained notoriety:

http://www.cafepress.com/mf/77134713/bitcoin_bumper-sticker?productId=810966879

Sweet...!

Bitcoin's true purpose defined in Satoshi's message on the Genesis Block:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
View it on the Blockchain | Genesis Block Newspaper Copies
chriswilmer
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December 02, 2013, 03:48:42 PM
 #650

As would be appropriate, it looks like this thread has gained notoriety:

http://www.cafepress.com/mf/77134713/bitcoin_bumper-sticker?productId=810966879

Sweet...!

Cool, but I think the "pretty confident" is an important part of this thread... (as opposed to "confident")
wachtwoord
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December 02, 2013, 08:03:21 PM
 #651

As would be appropriate, it looks like this thread has gained notoriety:

http://www.cafepress.com/mf/77134713/bitcoin_bumper-sticker?productId=810966879

Sweet...!

Cool, but I think the "pretty confident" is an important part of this thread... (as opposed to "confident")

I'm pretty confident!

rpietila
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December 03, 2013, 08:10:53 AM
 #652

As would be appropriate, it looks like this thread has gained notoriety:

http://www.cafepress.com/mf/77134713/bitcoin_bumper-sticker?productId=810966879

Sweet...!

Cool, but I think the "pretty confident" is an important part of this thread... (as opposed to "confident")

I'm pretty confident!

I am confident and my wife is pretty.
Bitcoinpro
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December 03, 2013, 11:08:45 AM
 #653


WWW.FACEBOOK.COM

CRYPTOCURRENCY CENTRAL BANK

LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
GigaCoin
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December 03, 2013, 01:22:19 PM
 #654



Congrats on your New Ferrari

Bitcoinpro
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December 03, 2013, 01:31:03 PM
 #655


its just a good picture symbolizing the strength of crypto's

WWW.FACEBOOK.COM

CRYPTOCURRENCY CENTRAL BANK

LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
dadach
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December 03, 2013, 01:57:15 PM
 #656



how lame...

1By7RpNBAVMyEqHud5KXAY63USpCm2tX2E
Bitcoinpro
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December 03, 2013, 02:10:57 PM
 #657


WWW.FACEBOOK.COM

CRYPTOCURRENCY CENTRAL BANK

LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
manuel
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December 03, 2013, 10:40:07 PM
 #658

Bitcoiners advocating taxation?!  For shame!
Arriemoller
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December 04, 2013, 12:35:14 AM
 #659

What is your solution then? Hoe does your ideal  society pay for the common utilities?
Does everyone get to sponsor their own street light for example?

Demokrati: Två vargar och ett lamm röstar om lunchmenyn.      Democracy: Two wolfes and a lamb votes about the lunch menu.
Frihet: Ett väl beväpnat lamm opponerar sig mot omröstningen.  Freedom: A well armed lamb opposes the outcome.
tvbcof
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December 04, 2013, 01:11:29 AM
 #660

Bitcoiners advocating taxation?!  For shame!

Taxes don't bother me excessively.  I don't mind pushing the wagon a little when it is weighted down with those who've had less fortune than I and could use a hand.  I'm much less thrilled about it when otherwise capable tax cheats climb aboard for a free ride.


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