realr0ach
Sr. Member
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Activity: 924
Merit: 311
#TheGoyimKnow
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June 11, 2019, 02:45:06 PM |
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Also this is the reason why the nocoiners call bitcoin a Ponzi scheme.
They call it a Ponzi scheme because IT IS a Ponzi scheme. Bitcoin is neither a resource or commodity so anytime you try and trick someone into accepting one for a real world good or service you're participating in the act of a malevolent scam no matter how you attempt to rationalize it. It's a Keynesian scam token like millions of other Keynesian scam tokens that have been created before it. It makes zero difference whether the supply is inflationary, deflationary, or anything else. Complete idiots defend the Keynesian nature of Bitcoin (completely artificial and of no value based on artificial scarcity) because they have an IQ of two and think the word "deflationary" means it's somehow automatically good and not a scam. Unfortunately for you, due to the fact Bitcoin is not a resource or commodity, you can hoard all 21 million of them and the rest of the world can completely ignore you like you don't even exist. Whereas if I horde a real resource or commodity money like physical silver, I then get to ask for whatever the market can bear. In other words, a Keynesian scam token (Bitcoin) grants you zero power, while people holding real commodity money (like silver) are the ones actually holding the cards. |
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The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
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fillippone
Legendary
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Activity: 2142
Merit: 15337
Fully fledged Merit Cycler - Golden Feather 22-23
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June 11, 2019, 02:46:19 PM |
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Colonoscopy completed. Medium sized polyp detected and removed. Biopsy report in 1 week. Expecting benign results.
Take care of your assholes, brothers.
Glad everything is looking good. Take care of your assholes, brothers is a nice twist from Take care of your brothers, assholes |
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fillippone
Legendary
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Activity: 2142
Merit: 15337
Fully fledged Merit Cycler - Golden Feather 22-23
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June 11, 2019, 03:12:00 PM Merited by JayJuanGee (1) |
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http://dailybitcoinnews.com/study-74-percent-of-bitcoin-mining-powered-with-renewable-energy/According to the third installment of CoinShares’ biannual mining report, 74 percent of power on the bitcoin mining network comes from renewable energy sources.
Original report (email registration needed). Ah! Soon will come the day when Bitcoin Mining will be entirely powered by renewable energy, and the excess production will be used to run the most secure protocol to ensure financial individual sovereignty!
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BitcoinGirl.Club
Legendary
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Activity: 2744
Merit: 2711
Farewell LEO: o_e_l_e_o
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June 11, 2019, 03:14:16 PM |
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Good morning WO!
Observing @ $7,807
How long we will need to wait for the $10k move?
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JimboToronto
Legendary
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Activity: 3990
Merit: 4420
You're never too old to think young.
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June 11, 2019, 03:18:45 PM |
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Good morning Bitcoinland.
Still going sideways in pursuit of $8k... currently $7818USD/$10265CAD (Bitcoinaverage).
Paint drying or grass growing? Yawn.
Cmon Bitcoin, wake up.
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LFC_Bitcoin
Legendary
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Activity: 3514
Merit: 9471
#1 VIP Crypto Casino
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June 11, 2019, 03:21:22 PM |
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mindrust, fillippone, V8 and micman - Welcome to the DT1 brotherhood, we’ve been waiting for you.
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BitcoinGirl.Club
Legendary
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Activity: 2744
Merit: 2711
Farewell LEO: o_e_l_e_o
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June 11, 2019, 03:23:50 PM |
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Still going sideways in pursuit of $8k... currently $7818USD/$10265CAD (Bitcoinaverage).
This looks good except the currency symbol 🤪 Imagine it's in USD currency. |
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JSRAW
Legendary
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Activity: 2142
Merit: 1536
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June 11, 2019, 03:24:13 PM |
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Take care of yourself Bob Congrates - Best of luck v8, mic and fillippone for DT1: Phillippone and mic : Guys make sure you have thick skin before getting into DT1-Meta drama. v8 already got crocodile's skin  Pamoldar : you didn't missed anything yet. Note : Mindtrust you too bro, you just trust your mind and you are good to go |
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fillippone
Legendary
Offline
Activity: 2142
Merit: 15337
Fully fledged Merit Cycler - Golden Feather 22-23
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June 11, 2019, 03:24:30 PM
Last edit: June 11, 2019, 04:54:09 PM by fillippone |
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Oh dear Lord, I do love this man: https://twitter.com/100trillionUSD/status/1138457543741714432 A Random Walk Down Wall Street + #bitcoin
From the comments: 1955-2019
100% SPY: 8% return (geometric), -40% max loss
100% GLD: 7.5% return, -32% max loss
100% UST 6% return, -8% max loss
Time period 1955-2019
Bitcoin 2010-2019, 1% yearly rebalanced: 8.3% return, -1% max loss
Just think about the compelling case for a Portfolio manager to include BTC in his portfolio. Negative interest rates, low and flat yield curve with stretched stock valuations. No surprises finding CME is experiencing record volumes or that GBTC is selling shares with 40% premium over theoretical value: someone is desperate to gain exposure to BTC. |
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BitcoinGirl.Club
Legendary
Offline
Activity: 2744
Merit: 2711
Farewell LEO: o_e_l_e_o
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June 11, 2019, 03:24:47 PM |
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mindrust, fillippone, V8 and micman - Welcome to the DT1 brotherhood, we’ve been waiting for you.
I noticed mic this morning. Congrats too all. |
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BitcoinGirl.Club
Legendary
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Activity: 2744
Merit: 2711
Farewell LEO: o_e_l_e_o
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June 11, 2019, 03:25:32 PM |
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Pamoldar : you didn't missed anything yet.
This one even before I asked 🤪 |
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JSRAW
Legendary
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Activity: 2142
Merit: 1536
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June 11, 2019, 03:27:24 PM |
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Pamoldar : you didn't missed anything yet.
This one even before I asked 🤪   |
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CryptoNeed
Full Member
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Activity: 504
Merit: 137
Nope.
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June 11, 2019, 03:27:32 PM |
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Support levels are at $7,960-$7,980, $7,870-$7,890 and $7,775. The confluences at those levels are: - $7,960-$7,980: 15-min Bollinger band middle curve, weekly 38.2% Fibonacci retracement level, SMA 5, SMA 200, SMA 50, daily 23.6% Fibonacci retracement level and 1-hr previous low
- $7,870-$7,890: 5-day simple moving average (SMA 5), hourly Bollinger band middle curve, 4-hour Bollinger band middle curve, SMA 100 and daily Fibonacci 38.2% retracement level
- $7,775: Weekly Fibonacci 23.6% retracement level
Resistance levels are at $8,030, $8,100, $8,200, $8,250 and $8,300. The confluences at those levels are: - $8,030: 15-min Bollinger band upper curve, 4-hour previous high and SMA 10
- $8,100: No confluence detected
- $8,200: Daily Bollinger band middle curve and monthly Fibonacci 23.6% retracement level
- $8,250: Daily pivot point resistance 1 and SMA 100 curve
- $8,300: The top-most resistance level has the weekly 61.8% Fibonacci retracement level
Can BTC/USD bulls go past $8,000? So do you have some new support levels? they all broke as we struggle to hold the 21DMA at a potential H+S formation, I assume we could go lower. My target would be the 50w EMA which correlates with the 50% fib at about 5.8k. |
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fillippone
Legendary
Offline
Activity: 2142
Merit: 15337
Fully fledged Merit Cycler - Golden Feather 22-23
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June 11, 2019, 03:29:12 PM |
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mindrust, fillippone, V8 and micman - Welcome to the DT1 brotherhood, we’ve been waiting for you.
Thanks m8. You have been part of this story! Take care of yourself Bob Congrates - Best of luck v8, mic and fillippone for DT1: Phillippone and mic : Guys make sure you have thick skin before getting into DT1-Meta drama. v8 already got crocodile's skin Pamoldar : you didn't missed anything yet. Note : Mindtrust you too bro, you just trust your mind and you are good to go Thanks JSRAW , but I already promised to keep the meta-drama as low and as far from WO as possible! |
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infofront (OP)
Legendary
Offline
Activity: 2632
Merit: 2780
Shitcoin Minimalist
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June 11, 2019, 03:32:27 PM |
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New poll! Last poll results:  Most of you are overallocated in crypto. I am proud of you. |
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El duderino_
Legendary
Offline
Activity: 2492
Merit: 11937
BTC + Crossfit, living life.
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June 11, 2019, 03:35:53 PM |
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mindrust, fillippone, V8 and micman - Welcome to the DT1 brotherhood, we’ve been waiting for you.
Thanks m8. You have been part of this story! Take care of yourself Bob Congrates - Best of luck v8, mic and fillippone for DT1: Phillippone and mic : Guys make sure you have thick skin before getting into DT1-Meta drama. v8 already got crocodile's skin Pamoldar : you didn't missed anything yet. Note : Mindtrust you too bro, you just trust your mind and you are good to go Thanks JSRAW , but I already promised to keep the meta-drama as low and as far from WO as possible! Indeed V8 really belong between there... taking on the BS'ters.... |
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mindrust
Legendary
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Activity: 3234
Merit: 2404
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June 11, 2019, 03:37:43 PM |
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mindrust, fillippone, V8 and micman - Welcome to the DT1 brotherhood, we’ve been waiting for you.
Heavy weights like suchmoon, Lauda, achow101, The Pharmacist got removed from DT1. Tbh I don't expect to stay there for a very long time. achow101 is a core developer (or contributor) as far as I know. (and a forum staff member) Why did he get removed is beyond me. If he doesn't deserve to be a DT1 member, why the fuck do I? Anyway I am happy to be included in DT1 but tbh I don't really care. Actually, I don't want to care. Being a DT member gets you into drama. I don't want any of it. |
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BitcoinGirl.Club
Legendary
Offline
Activity: 2744
Merit: 2711
Farewell LEO: o_e_l_e_o
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June 11, 2019, 03:38:00 PM |
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New poll!
I gone for $8,751-$9,000 |
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BitcoinGirl.Club
Legendary
Offline
Activity: 2744
Merit: 2711
Farewell LEO: o_e_l_e_o
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June 11, 2019, 03:41:05 PM |
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Heavy weights like suchmoon, Lauda, achow101, The Pharmacist got removed from DT1. Tbh I don't expect to stay there for a very long time.
achow101 is a core developer (or contributor) as far as I know. Why did he get removed is beyond me. If he doesn't deserve to be a DT1 member, why the fuck do I?
Anyway I am happy to be included in DT1 but tbh I don't really care. Actually, I don't want to care.
Being a DT member gets you into drama. I don't want any of it.
They will comeback in no time again. Whats wrong with achow101? I never seen him in the drama. By the way, congrats again. |
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