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Question: Will the Bitcoin Futures ETF be approved in the U.S. on Oct. 18?
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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 25458801 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (157 posts by 13+ users deleted.)
Ibian
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March 19, 2019, 06:48:32 PM

Debt is a large part of the problem with the modern economy.

Agreed...

Quote
Maybe it's time to rethink if it should even be legal to make money simply by lending it on an industrial scale.

Criminalize voluntary behavior? I don't think so.

Quote
Especially when it is fabricated out of thin air.

I think you finally arrived at what the problem is. When banks lend money (at least here in the US), the overwhelming majority of that money is zapped into existence by the mere act of writing the loan. And the bank gets to later collect not only the interest, but indeed the principal thusly created. Which, while being an advantage to the bank conferred by law, would not be immoral in and of itself. The immorality is due to the fact that the writing of a loan does not create wealth (products, services, materials, etc) at the same time that it creates money. Accordingly, more money ends up sloshing around the system chasing the same amount of tangible wealth. Which devalues all money extant previous the loan. The purchasing power of the money loaned into existence is thusly stolen from the purchasing power of the money that existed before the loan was written. This is a very real theft of purchasing power from the people at large. And is the true evil of the partial reserve banking system, as encoded into law.

Absolutely totally true. Merited for truth.

Funny thing is that it can also work to your advantage. I pay less then inflation for my mortgage. Also hardly any costs for energy because of solar panels and system that pumps up warm water (which conversely cools my house in the summer). Basically living for free, I only have to pay insurance and maintenance.

And about rethinking if lending (on an industrial scale) should be legal, at least there's one thing that Ibian and Islamic scholarship agree on. Always good if people find common ground!
Also christianity, in older times. That's why jews were money lenders, christians were not allowed to do it.

 Christians could always lend but never charge usury (which originally was considered any interest rate).  Muslims under sharia law are also forbidden from this practice.

And look how well they are doing! We are not invading their lands, they are invading our lands!

Their countries are complete shitholes by our standards. But they are winning the war. Insofar as life has value, they are winning and we are losing.

Does life have value?
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March 19, 2019, 06:50:34 PM


Yaplatu
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28K=Buy | Wallet=100% BTC


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March 19, 2019, 06:51:11 PM
Merited by mindrust (1)

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March 19, 2019, 07:08:09 PM

Quote from: Yaplatu link=topic=178336. Undecided#msg50231213 date=1553021471

Kill joy  Undecided
El duderino_
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March 19, 2019, 07:18:17 PM

Quote from: Yaplatu link=topic=178336. Undecided#msg50231213 date=1553021471

Kill joy  Undecided

Why... sooner or later it Will not repeat and go UP
Always think why not now Smiley

Once BULL always BULL
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March 19, 2019, 07:28:57 PM

It seems like most people don't give much f... about ETFs anymore.
In February, the SEC asked the public to send comment letters... apparently it only received 7, six of which were against the VanEck SolidX ETF.

Here are the 7 letters they received :

https://www.sec.gov/comments/sr-cboebzx-2019-004/srcboebzx2019004.htm
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March 19, 2019, 08:05:58 PM


Do you also expect same move with this pattern? History repeats. Already liquidated some BTC  holdings.
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March 19, 2019, 08:13:45 PM

xhomerx10
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March 19, 2019, 08:25:58 PM


I almost posted the very same climbing porn this morning... something, something great minds and fools
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March 19, 2019, 08:58:24 PM

              .i .-'   `-. i.
           .'   `/     \'  _`.
           |,-../ o   o \.' `|
        (| |   /  _\ /_  \   | |)
         \\\  (_.'.'"`.`._)  ///
          \\`._(..:   :..)_.'//
           \`.__\ .:-:. /__.'/
            `-i-->.___.<--i-'
            .'.-'/.=^=.\`-.`.
           /.'  //     \\  `.\
          ||   ||       ||   ||
          \)   ||       ||  (/
               \)       (/
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March 19, 2019, 09:03:04 PM
Last edit: March 19, 2019, 09:14:24 PM by Raja_MBZ

              .i .-'   `-. i.
           .'   `/     \'  _`.
           |,-../ o   o \.' `|
        (| |   /  _\ /_  \   | |)
         \\\  (_.'.'"`.`._)  ///
          \\`._(..:   :..)_.'//
           \`.__\ .:-:. /__.'/
            `-i-->.___.<--i-'
            .'.-'/.=^=.\`-.`.
           /.'  //     \\  `.\
          ||   ||       ||   ||
          \)   ||       ||  (/
               \)       (/


               █████████████████████████
            ███                                               ██
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       ▓█                                                           █
      █▒─────────░──────▓████                  ██
    ██────██████─────██▓▓█████▓─░────██
  ██▒░───▓███████──░████▓█▓▒█▒─▓▓▓█▒─██
▓█─░▓██▓──────█─────▒───▒█▓░▒███▓░██──█
██──▒░▒███▒──██───────────▒▒▒──▒█──██─░█
  █─░──█────██▓─────▓██▒─────▒██▒██▒▓█──█
  ██░─██░───██▓───██▓░█──▒████───█░─█░─██
   █──████▓───▒██───░████▓░─██▒███────██
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    █                                             ▓██
    █                                         ███
    ██                                 ▓███
      ██▓                    ▓████▓
          ████████████
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March 19, 2019, 09:20:35 PM
Merited by kenzawak (1)

https://twitter.com/Breaking911/status/1108045428300435457
further atm shenans
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March 19, 2019, 09:34:51 PM
Merited by Last of the V8s (1), HairyMaclairy (1)

Code:
             ________
          _.-'::'\____`.
        ,'::::'  |,------.
       /::::'    ||`-..___;          
      ::::'      ||   / ___\      __         
      |::       _||  [ [___]]      \ \_____        __         .i .-'   `-. i.
      |:   __,-'  `-._\__._/   ###[==_____>        \ \_____       .'   `/     \'  _`.
      :_,-\  \| |,-'_,. . `.      /_/           ###[==_____>       |,-../ o   o \.' `|
      | \  \  | |.-'_,-\ \                          /_/    (| |   /  _\ /_  \   | |)
      | |`._`-| |,-|    \ \                   \\\  (_.'.'"`.`._)  ///
      |_|`----| ||_|     \ \                        \\`._(..:   :..)_.'//
      [_]     |_|[_]     [[_]                       \`.__\ .:-:. /__.'/
      | |    [[_]| |     `| |                    `-i-->.___.<--i-'
      |_|    `| ||_|      |_|                    .'.-'/.=^=.\`-.`.
      [_]     | |[_]      [_]                   /.'  //     \\  `.\
     /___\    [ ] __\    /___\                ||   ||       ||   ||
             /___\                          \)   ||       ||  (/
                                                   \)       (/
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March 19, 2019, 09:59:37 PM



I find infofront's contribution significantly more compelling.
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March 19, 2019, 10:03:49 PM

Dudes it's not meant to be soft goat porn, what were you thinking. It represents the precarious predicament of the bitcorn price at the mo and nothing else. perverts
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March 19, 2019, 10:06:39 PM

Jack the Ripper forensically identified as a member of the evil cult of Judaism.  Jewish media attempts disinformation campaign claiming it's false:

https://arstechnica.com/science/2019/03/dont-believe-the-hype-we-may-never-know-the-identity-of-jack-the-ripper/
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March 19, 2019, 10:07:12 PM


Do you also expect same move with this pattern? History repeats. Already liquidated some BTC  holdings.

Warning: If the number of short positions increases, expect that the number of unknown trolls telling us that they liqudated their BTC holdings, increases too. (Of course, they didn't, they just opened short positions, gambling the price will go down)  Grin This is ideal for the true bulls to kick the bears in the balls! Massive short squeeze coming in 3...2...1 Grin Grin Grin

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March 19, 2019, 10:12:09 PM


Next time, pay for the extra seat !
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March 19, 2019, 10:19:24 PM

It seems like most people don't give much f... about ETFs anymore.
In February, the SEC asked the public to send comment letters... apparently it only received 7, six of which were against the VanEck SolidX ETF.

Here are the 7 letters they received :

https://www.sec.gov/comments/sr-cboebzx-2019-004/srcboebzx2019004.htm

1. Nobody cares about ETF.
2. Nobody cares about their idiotic never ending procedure.
3. Nobody cares about discussing a subject with morons (aka most of letter writing nincompoops). One even went as far as white paper discussion (in a letter to SEC, lol).
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March 19, 2019, 10:45:24 PM

As foretold, an ETF will only be approved when absolutely no one wants it.  
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