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Question: Price Target for Nov. 30, 2024:
<$75K - 4 (3.3%)
$75K to $80K - 1 (0.8%)
$80K to $85K - 2 (1.7%)
$85K to $90K - 10 (8.3%)
$90K to $95K - 15 (12.4%)
$95K to $100K - 27 (22.3%)
>$100K - 62 (51.2%)
Total Voters: 121

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26576976 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. (174 posts by 3 users with 9 merit deleted.)
JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"


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June 08, 2020, 09:07:22 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.

The problem is not that the taxes are too high, but probably a lack of taxes, especially the very wealthy don't pay shit, instead, they loan money to the government and the government overall creates money out of thin air rather than figuring out reasonable means to create sustainable programs, to live within reasonable means.. but hey, war mentality and outrageous spending on conquering the world in various ways and/or conquering people within the country is not exactly an approach to governance that is based on reason.. or fairness but instead bullying exacerbation of outrageous wealth disparities including fear to do anything that attempts to reign in exorbitant wealth because regular people want to identify with the filthy rich bullies and act as if the filthy rich deserved their gains and regular people want to aspire to such status, too... and believe that government is getting in the way.. instead of being a tool that should be more responsibly directed as a tool of the people rather than a tool for the filthy rich to exploit with their shenanigans.

In other words... pay your fucking taxes... and sure nothing wrong with either figuring out ways to pay less or figuring out ways to get benefits but also ways to make government more responsible and responsive to regular people, not an easy task, even with a money like bitcoin that is hopefully going to bring some abilities to make governments more responsive, but might take 50 years or more.
infofront (OP)
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June 08, 2020, 09:10:22 PM

I don't want to pay taxes, but it's better than getting my ass pounded in prison.  Undecided
vapourminer
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what is this "brake pedal" you speak of?


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June 08, 2020, 09:13:27 PM
Merited by CjMapope (1)

And the fact that your only defense is "lawl" just further reinforces things.

lawl    <--- just for ibian
Ibian
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June 08, 2020, 09:21:38 PM
Last edit: June 08, 2020, 09:32:23 PM by Ibian

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.
The welfare state. And the fact that your only defense is "lawl" just further reinforces things.

Do you have a reading comprehension issue?

I clearly explained that the welfare state existed long before boomers.

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.
Then you have not met the vast majority of boomers.

You think you know what the "vast majority of boomers" is? Pardon me if I laugh again.

How many decades have you been observing boomers in how many thousands of localities for you to be an expert on boomers?

It's easier for a boomer to be an expert on snowflakes than for a snowflake to be an expert on boomers.  Cool

Quote
Either that, or voting actually does not matter.

Now you're finally starting to make sense.
Taxes have gotten higher during the reign of the boomers.

It is a simple matter of demographics. Your generation is big. Your voting power is big. The welfare state is your. fault. If you were against it, you would have voted against it. And you won't even admit it.
Ibian
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June 08, 2020, 09:23:53 PM

And the fact that your only defense is "lawl" just further reinforces things.

lawl    <--- just for ibian
I hope you die painfully.
Elwar
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June 08, 2020, 09:42:28 PM

Perhaps Social Security could be paid our depending upon the amount of years you were voting age and the debt went up. Pay first toward paying down that debt, anything left over can be distributed in social security checks.

Win win for everyone I'd say.

"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.
Ibian
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June 08, 2020, 09:49:07 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.
Biodom
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June 08, 2020, 09:52:10 PM
Merited by JimboToronto (1), JayJuanGee (1)

Perhaps Social Security could be paid our depending upon the amount of years you were voting age and the debt went up. Pay first toward paying down that debt, anything left over can be distributed in social security checks.

Win win for everyone I'd say.

"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.

Well, WHOSE debt went up? I am servicing MY debt.
I did not ask anyone to take on debt.
BTW, soc security statement says exactly how much you and your employers contributed.

So far, I contributed quite a bit, but got zero out and it will be this way for a long time.
By all calculations, boomers did not take their contributions out yet (the "oldest" boomers started getting Soc sec only in about 2012-2013, "youngest" would do so in 2029-2031 if there would be anything left by that time), it was prior generations that spent more than they contributed.

You fellas are misinformed at best.
Wekkel
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yes


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June 08, 2020, 10:05:08 PM

I don’t envy the old. They’ll be stuck with whatever the State is willing to give them. Probably not a lot (anyone recalls the good old USSR?) and inflation will eat the rest.

The young(er) ones will at least be able to keep up somewhat through wage pressure.

A socialist muddle through may not even be the worst way to get through this 4th turning stuff.
Torque
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June 08, 2020, 10:07:42 PM
Merited by Xian01 (1)

"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.
Ibian
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June 08, 2020, 10:09:32 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.
So what I'm hearing is it's time for a military coup.
Biodom
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June 08, 2020, 10:25:14 PM

I don’t envy the old. They’ll be stuck with whatever the State is willing to give them. Probably not a lot (anyone recalls the good old USSR?) and inflation will eat the rest.

The young(er) ones will at least be able to keep up somewhat through wage pressure.

A socialist muddle through may not even be the worst way to get through this 4th turning stuff.

Yes, sure. It was clear for a while that we would eventually end up with inflation.
Hopefully, bitcoin would follow the inflation up, then, once inflation is very high, switching into bonds would be a good move, probably.
Maybe 5-10 years, max. It took 5 years in Germany, maybe twice as long here (and lower numerical values) due to the fight back from the monetary authorities.
On a bright side, everyone would be a millionaire, lol.
vapourminer
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what is this "brake pedal" you speak of?


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June 08, 2020, 10:52:31 PM
Merited by JayJuanGee (1), sirazimuth (1), Karartma1 (1)

And the fact that your only defense is "lawl" just further reinforces things.

lawl    <--- just for ibian
I hope you die painfully.

thats the difference between you and i. i dont wish harm on you. even if youre an asshole.
Ibian
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June 08, 2020, 10:57:00 PM

And the fact that your only defense is "lawl" just further reinforces things.

lawl    <--- just for ibian
I hope you die painfully.

thats the difference between you and i. i dont wish harm on you. even if youre an asshole.
You also do not wish to pay the 80% taxes your generation has imposed on me. That's the difference between you and I. I have not imposed anything on you.
Hueristic
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Doomed to see the future and unable to prevent it


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June 08, 2020, 11:11:04 PM
Merited by vapourminer (1)

And the fact that your only defense is "lawl" just further reinforces things.

lawl    <--- just for ibian
I hope you die painfully.

thats the difference between you and i. i dont wish harm on you. even if youre an asshole.

I wished I was in the same room with him a few times does that count? Grin
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June 08, 2020, 11:15:38 PM
Merited by OutOfMemory (1)

And the fact that your only defense is "lawl" just further reinforces things.

lawl    <--- just for ibian
I hope you die painfully.

thats the difference between you and i. i dont wish harm on you. even if youre an asshole.
You also do not wish to pay the 80% taxes your generation has imposed on me. That's the difference between you and I. I have not imposed anything on you.

Remind me what it is you do around here anyway...would you please?  I cant recall the last time I heard you say something nice to anybody. Go eat a pickle already.
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born once atheist


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June 08, 2020, 11:20:17 PM
Merited by vapourminer (1)

LAWL M**********R!

....ahhh that felt good....
lightfoot
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I fix broken miners. And make holes in teeth :-)


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June 08, 2020, 11:25:42 PM

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.


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June 08, 2020, 11:44:06 PM
Merited by JimboToronto (1), jbreher (1)

And the fact that your only defense is "lawl" just further reinforces things.

lawl    <--- just for ibian
I hope you die painfully.

thats the difference between you and i. i dont wish harm on you. even if youre an asshole.
You also do not wish to pay the 80% taxes your generation has imposed on me. That's the difference between you and I. I have not imposed anything on you.

Remind me what it is you do around here anyway...would you please?  I cant recall the last time I heard you say something nice to anybody. Go eat a pickle already.

TLDR - 'I didn't ask to be BORN.'

Followed by painting the bedroom black.
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June 08, 2020, 11:51:12 PM
Merited by infofront (1)


... the Federal Reserve quietly announced that the banking/financial system is bankrupt, effective March 26. There are no longer any capital requirements in the capitalist system.

https://www.federalreserve.gov/monetarypolicy/reservereq.htm

https://usawatchdog.com/federal-reserve-now-zimbabwe-john-williams/

Quote
They have cut reserve rates back to 0%. The bailout of the banking system of the ‘Great Recession’ didn’t work. So, now, they are just printing money and bailing out whatever they have to. People have done this throughout history including the Weimar Republic (Germany hyperinflation) and Zimbabwe (also had hyperinflation). . . . We effectively have a Zimbabwe Fed.”

So, the Fed is going to print all the money it needs to bail out every bank that needs one? Williams says, “That’s exactly what they said they are going to do, and not only any bank, but any financial institution, the stock market, and with infinite money, you can do all sorts of things.

End game of Keyenesian economics.

Social security, welfare state, fiat-funded military industrial complex, big government will all be dismantled by necessity.
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