Icygreen
Legendary
 Offline
Activity: 1463
Merit: 1135
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May 17, 2018, 04:24:56 AM |
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Just arrived back home to Canada from Vietnam. It was getting way too hot for comfort and productivity. Nice to be back in a temperature cooler than me. I was pleasantly surprised to find this among Hong Kong airlines entertainment choices. Watched it twice   sMerited. I'm guessing that's a recommendation for the vid? Actually, ya, sure. I feel like I'd previously digested much of the content but I particularly liked how they documented the history of money and how things became corrupt. I think it was made in 2015 but still feels super relevant. Well worth an hour of your time. There's a torrent on TPB. |
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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May 17, 2018, 04:28:01 AM |
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Presumably, you realize that node operators running deprecated software is nothing for which the devs are responsible for, right? |
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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May 17, 2018, 04:28:37 AM |
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Like I keep telling you, I sold at the top. Yes, while I was shilling bcash. What of it?
Bite me. salty? |
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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May 17, 2018, 04:32:03 AM |
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Lambos are better associated with the BCash and ICO/shitcoin crowd. I mean, Roger and CSW drive them, so....?
My lambo is my brand new fully paid off house. Less flashy but also less childish. Why would you pay for a home with cash when at least 80% of it could have been reinvested? I closed in late January of this year. Figure it out. I don't care if you cashed out at 20,000 per btc and made half a million dollars. That doesn't change what I said. Buying a house in cash is a waste of equity. Think bigger! big? I'd rather live large. What the hell is the money for anyhow? (It's not like I needed to liquidate, or anything even approaching that...) |
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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May 17, 2018, 04:38:43 AM |
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Gotta congratulate you jbreher, if you were lucky enough to pull out a bit of excess dollar generation in price areas that were in the ballpark of 20x beyond the short term BTC price expectations that many of us were having in mid-2016..
Thanks, JJG. My lambo popped up on my radar screen just as Bitcoin was skying. I hadn't been actively looking. But the stars seemed to align. It seemed prudent to diversify a bit. |
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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May 17, 2018, 04:39:50 AM |
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Buying a house in cash is a waste of equity. Think bigger!
What about paying off an existing mortgage with free BCash, investing over $2M in a managed portfolio for the next 20 years, and retiring early ?  Now see, that sounds like a solid plan, Bob. |
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jbreher
Legendary
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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May 17, 2018, 04:40:29 AM |
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I personally would never retire early with just two million.
Neither would I. Cheers! |
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Anon136
Legendary
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Activity: 1722
Merit: 1217
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May 17, 2018, 05:00:15 AM |
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Most of investing is done with borrowed money lol. There is such a thing as good debt. But if you're happy with your financial situation, then good for you. Keep doing you.
Yes I am aware of this. And ditto to you. To the people who make leverage work for them, you guys keep doing you. It just isn't my style. I do take a very very risk on approach to investing (as Hueristic can attest to, I think he has been in Monero since as early as I have) but not in that particular way. I think there are better ways to get the effect that people are looking for out of leverage. Most of investing is done with borrowed money lol. There is such a thing as good debt. But if you're happy with your financial situation, then good for you. Keep doing you.
Yeah, so the thieving bankers want everyone to think. Even the thieving (((bankers))) are using leverage to buy up your debt! We are so screwed  |
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Hueristic
Legendary
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Activity: 3780
Merit: 4851
Doomed to see the future and unable to prevent it
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May 17, 2018, 05:04:27 AM |
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Even the thieving (((bankers))) are using leverage to buy up your debt! We are so screwed Lol. I hear ya and they keep getting bailed by our taxes. But they cannot buy what doesn't exist, living debt free is being able to sleep easy.  |
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Anon136
Legendary
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Activity: 1722
Merit: 1217
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May 17, 2018, 05:05:55 AM |
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Even the thieving (((bankers))) are using leverage to buy up your debt! We are so screwed Lol. I hear ya and they keep getting bailed by our taxes. But they cannot buy what doesn't exist, living debt free is being able to sleep easy. Heads I win tails you lose. |
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Phil_S
Legendary
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Activity: 2089
Merit: 1461
We choose to go to the moon
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May 17, 2018, 05:38:51 AM |
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Elwar
Legendary
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Activity: 3598
Merit: 2384
Viva Ut Vivas
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May 17, 2018, 05:55:15 AM |
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Being a TA genius I will point out that the lows are getting higher each time.
In my expert opinion this is a good thing.
PM me if you would like me to explain my very technical analysis, it might take years of study but you might be able to understand eventually.
Observe this picture for proof:
/\_ / -_/----\
/ \ / \ .
/ \ .
.
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Toxic2040
Legendary
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Activity: 1792
Merit: 4141
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May 17, 2018, 06:54:49 AM |
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Thoroughly testing resistance and support at the $8.35k range.  I like this chart by @CryptoTrooper I think that third red area might be a shorter one like the first however.  |
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JayJuanGee
Legendary
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Activity: 3682
Merit: 10127
Self-Custody is a right. Say no to"Non-custodial"
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May 17, 2018, 07:25:43 AM |
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Most of investing is done with borrowed money lol. There is such a thing as good debt. But if you're happy with your financial situation, then good for you. Keep doing you.
Yeah, so the thieving bankers want everyone to think. To the extent that Mister_Success is NOT acting too arrogant for his own smarts, he does seem to make a decent point regarding the leveraging of money towards appreciating assets instead of depreciating assets, so in that regard, sometimes, borrowing money can be a good tool to leverage a person into a better position that might not be within his options if he were not able to utilize loans. Sure traditional banks have devolved, especially the bigger ones that have gotten involved in the sucking off of the money printing tits... so in that regard, there are some, so called banks that no longer service the needs of regular peeps. So, in regards to investing in bitcoin, it would be better to invest into bitcoin rather than fiat, so could be profitable to use some credit in order to leverage your bitcoin investment - though it can be a dangerous game, when it comes to highly volatile assets such as bitcoin, so you have to play your cashflows smartly, if you do not want to get rekt based on short term expectations, when bitcoin does seem to be longer term profitable. |
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Rosewater Foundation
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May 17, 2018, 08:00:38 AM |
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Like I keep telling you, I sold at the top. Yes, while I was shilling bcash. What of it?
Bite me. salty? It's called moral outrage. You slime-licking toad. |
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Wekkel
Legendary
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Activity: 3108
Merit: 1531
yes
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May 17, 2018, 08:33:07 AM |
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The long term chart posted is very important: we need to take the long view instead of bickering about a few $100s price movement. That is child’s play compared to where we are going. Or will Bitcoin’s rise be stopped by it suddenly being ‘univented’ by mutual decision?  |
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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May 17, 2018, 08:52:45 AM |
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i'm a very not good with computer
It's funny you mention that. Out of the large section of people I know from bitcoin, this is how it breaks down: IQ 80 or lower: Thinks bitcoin is some type of pyramid scam or poorly designed centralized garbage that will implode IQ 95-105: Thinks bitcoin is the greatest invention since the wheel and will be the world reserve currency IQ 110-140: Thinks bitcoin is some type of pyramid scam or poorly designed centralized garbage that will implode |
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realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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May 17, 2018, 09:02:05 AM |
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Anyone remember when Mat the Cat posted the picture of one of the guy's running Bitfinex and was like "this guy sure looks trustworthy":  He looks like he front runs every single customer order while blowing all profits on giant sacks of cocaine, goes insolvent somehow in the process, then just steals all customer funds to cover and claims the Russians hacked it...wait...that sort of did happen! a cabal of vampire parasites takes its place....
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ivomm
Legendary
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Activity: 1849
Merit: 2819
All good things to those who wait
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May 17, 2018, 09:08:41 AM |
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bodogb
Newbie
Offline
Activity: 21
Merit: 3
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May 17, 2018, 09:13:49 AM |
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i'm a very not good with computer
It's funny you mention that. Out of the large section of people I know from bitcoin, this is how it breaks down: IQ 80 or lower: Thinks bitcoin is some type of pyramid scam or poorly designed centralized garbage that will implode IQ 95-105: Thinks bitcoin is the greatest invention since the wheel and will be the world reserve currency IQ 110-140: Thinks bitcoin is some type of pyramid scam or poorly designed centralized garbage that will implode I'm a member of Mensa and I know for a fact that many members are very active in the bitcoin community both in my country and globally. Mensa has multiple bitcoin/blockchain SIGs (Special Interest Groups), they are organizing events and meetups, doing education, working on a schoolbook - just to mention a few things. <sorry for quoting the village idiot, but I had to comment this obvious lie> |
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