hodl_2015
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Anyone selling 100's of corn now is not planning to invest that in the stock market on Monday. They plan to buy back in BTC before the price shoots back up.
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goldkingcoiner
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Verified Bitcoin Hodler
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If I had to guess, people are withdrawing their money from corn because of the virus scare. "people" Fine. The large huge humongous alien (def. not human) WHALES are taking out their money due to their fears of the price falling even more due to the corona virus scare. Better? How much coin are the legal charges going to cost me for choking you people everytime you argue semantics?
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Anastasios
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March 08, 2020, 03:47:23 PM |
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Socialism: Education and health care should be free for everybody. Health and education is a birth right. The rich must pay for them. (Europe)
Capitalism: If you aren't rich enough, you don't deserve to live. Dieeee (USA)
I'll go with Europe.
Just little research would show you it is the lower and middle class who pays the bill, the elite pay with their spare change for some lobbyism to change laws and make capital flight legal through loopholes, with transnational corporations, sending all profits to tax havens. Instead of sticking to simple examples, why don't you go to the root philosophical differences. Individual property rights vs no property rights. Fighting you way up for greater pay vs almost equal pay for all. Individual responsibility vs collective responsibility. If you're smart enough to understand why Bitcoin exists and why there is a demand for it you can figure out the implications of socialism if you just try.
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Torque
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Activity: 3542
Merit: 5039
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March 08, 2020, 03:54:28 PM |
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If I had to guess, people are withdrawing their money from corn because of the virus scare. "people" Fine. The large huge humongous alien (def. not human) WHALES are taking out their money due to their fears of the price falling even more due to the corona virus scare. Better? How much coin are the legal charges going to cost me for choking you people everytime you argue semantics?A lot. j/k Actually the distinction is important, especially for n00b investors to understand, because they are led to believe that all this buying or selling is greed/panic driven by hundreds of thousands of mom and pop Bitcoin holders. Not even close to true. Whales control 99.9% of the price action. And Whales never truly sell; they short (which means that are still net buyers, just at a lower price). HUGE difference between shorting and just dumping. They are trying to trick longs out of position. They want everyone else on the sidelines, in fiat, basically all the way up.
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VB1001
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Activity: 938
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<<CypherPunkCat>>
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March 08, 2020, 03:55:00 PM |
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Febo
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March 08, 2020, 04:04:36 PM |
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Bernie could ban Bitcoin in a heartbeat with an executive order.
Governments ban Bitcoin. Allover the world. Specially more autocratic. But then that country main court in case of USA constitutional will over rule that ban. Such things will keep happen. I do not believe Sanders government will be considered as autocratic government. Any candidate for USA president will be good for Bitcoin. They will all increase public debt. If Tump managed to do that in such economic growth I dont see a hero to do opposite.
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John Abraham
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March 08, 2020, 04:04:42 PM |
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So, people are selling Bitcoin for Toilet paper or purchasing Toilet paper with BTC
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LFC_Bitcoin
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#1 VIP Crypto Casino
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March 08, 2020, 04:07:59 PM |
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So, people are selling Bitcoin for Toilet paper or purchasing Toilet paper with BTC Or watching charts panicking, needing toilet paper?
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John Abraham
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March 08, 2020, 04:09:56 PM |
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So, people are selling Bitcoin for Toilet paper or purchasing Toilet paper with BTC Or watching charts panicking, needing toilet paper? Good sense of humor. They say TA, I would sticky with LFC's sense of humor to buy/sell BTC
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VB1001
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<<CypherPunkCat>>
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March 08, 2020, 04:11:24 PM |
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The fault is of the cats.
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Ibian
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March 08, 2020, 04:16:18 PM |
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The fault is of the cats. Why would anyone let their cat onto the golden throne.
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Lambie Slayer
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March 08, 2020, 04:16:54 PM |
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Bernie could ban Bitcoin in a heartbeat with an executive order.
Governments ban Bitcoin. Allover the world. Specially more autocratic. But then that country main court in case of USA constitutional will over rule that ban. Such things will keep happen. I do not believe Sanders government will be considered as autocratic government. Any candidate for USA president will be good for Bitcoin. They will all increase public debt. If Tump managed to do that in such economic growth I dont see a hero to do opposite. Its silly to think a White House full of extreme leftists (communist idealogues) wouldnt be hostile to Bitcoin. Do you think its a coincidence that two out of the four communist countries on Earth have banned Bitcoin in many ways. Extreme leftists don't like private property, they want the goverment to run everything. They dont want people using money free of censorship that cant be debased. Of course they hate Bitcoin. Bernie would put an army of these people in power. Bernie is toast, so its a moot point. America isnt trying to go back in time and become the Soviet Union, thats why he was rejected. King Bitcoin wins again.
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Phil_S
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We choose to go to the moon
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March 08, 2020, 04:17:16 PM |
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I don't think we can go under $8000. Well, maybe for a very short time, but that doesn't count.
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DaRude
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In order to dump coins one must have coins
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March 08, 2020, 04:19:43 PM |
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Is the blood on the streets yet? I can't tell the coronazombies are blocking my view.
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d_eddie
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March 08, 2020, 04:21:07 PM |
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Stop arguing y'all. Bitcoin is ded.
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Raja_MBZ
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March 08, 2020, 04:22:43 PM |
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My worth is falling; someone save it!
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bkbirge
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March 08, 2020, 04:28:12 PM |
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My worth is falling; someone save it!
Since my divorce my self worth has nowhere to go but up.
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nutildah
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March 08, 2020, 04:28:15 PM |
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Extreme leftists don't like private property, they want the goverment to run everything. They dont want people using money free of censorship that cant be debased. Of course they hate Bitcoin. Bernie would put an army of these people in power.
Except there's no way to know for sure how Bernie feels about bitcoin. He could be all for it, but since he's never actually said anything about it we don't know for sure, one way or the other. You should know that bitcoin can't be censored, regardless of who enacts what. We're not exactly in the midst of a financial renaissance here where the banks and bitcoin are holding hands. The powers that be are still immensely anti-bitcoin, and Bernie is against the powers that be. Though I think the presidency is largely a figurehead position anyway, he was the only guy capable of really shaking things up. Since a lot of his voter base is on the youthful side, I don't see him mandating any decree that bitcoin be banned. That's just too draconian a move for any U.S. president to make.
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vapourminer
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what is this "brake pedal" you speak of?
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March 08, 2020, 04:29:21 PM |
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Is the blood on the streets yet? I can't tell the coronazombies are blocking my view.
hard to tell disinfecting crews keep washing the blood away before it can be quantified.
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