Ibian
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Activity: 2268
Merit: 1278
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March 11, 2020, 05:58:25 PM |
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Good morning Bitcoinland. Sideways... $7860USD/$10804CAD (Bitcoinaverage). Ho hum. What middle class?
Employees. Serfs. Peasants. I think peasants might even be above serfs. Depending on region and time period. Reminds me of a quote. Gold is the money of kings, silver is the money of nobility, barter is the money of peasants, and debt is the money of slaves.
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Ibian
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Activity: 2268
Merit: 1278
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March 11, 2020, 06:00:37 PM |
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It was specifically meant to go way up in price. Otherwise it would never have gotten off the ground.
I don't remember Satoshi saying that. Which is not relevant at all. It's entirely relevant, because you're saying you know more about what Satoshi wanted from bitcoin than he did. Satoshi never speculated on the price of bitcoin. He worked hard to made sure that it worked, but he never promised it would go "way up in price," because only con artists and charlatans use that kind of talk. We (or more accurately, bitcoin users) give bitcoin value by using it for its primary purpose: acting as a currency. It's one of bitcoin's intrinsic properties that makes it cool. Like I've said before, gold has value not just because it is scarce; it has value because you can do cool shit with it. It doesn't matter what he wanted. He did a thing, gifted it to the world and left to let it grow on its own. We are living a real world Ayn Rand story and I am amazed that more people don't see that. You said bitcoin was "specifically meant to go way up in price." That's the part I had a problem with. Satoshi didn't design bitcoin for that purpose. Proof of this lies in the million (or more) untouched Satoshi-mined coins. If he was motivated by profit, he would have moved them a long, long time ago. I don't think there's any sort of long-term scheme we don't see in that regard; I think the coins won't ever move. By design, yes. It's all code, and humans in groups are predictable. Nothing that has happened in the past 11 years is a coincidence. We are monkeys dancing to the tune of John Galt.
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lightfoot
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Activity: 3178
Merit: 2260
I fix broken miners. And make holes in teeth :-)
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March 11, 2020, 06:04:43 PM |
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I'm still waiting for the 100 point font of PANIC on the CNN web site.
Eh, another day.
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BitcoinGirl.Club
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Activity: 2954
Merit: 2783
Bitcoingirl 2 joined us 💓
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March 11, 2020, 06:10:56 PM |
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We are all going to die and not just that... we'll die POOR! Worst of both worlds. $7655! (I wish I didn't throw that 5 grand on btc today fck, good news is the support line still holds but FOR HOW LONG???) Observing @ $7,629 Under $6k soon. PANIC level takes place 😜 !
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mindrust
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Activity: 3430
Merit: 2521
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March 11, 2020, 06:12:34 PM |
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We are all going to die and not just that... we'll die POOR! Worst of both worlds. $7655! (I wish I didn't throw that 5 grand on btc today fck, good news is the support line still holds but FOR HOW LONG???) Observing @ $7,629 Under $6k soon. PANIC level takes place 😜 !If any of you haven't already, now is a good time to... MasterLuc says hello.
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BTCMILLIONAIRE
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March 11, 2020, 06:23:10 PM |
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via Imgflip Meme GeneratorThe world is truly filled with people that doesn't belong to be among others.... I'm sometimes really starting to dislike human behavior overall Positive this isn't a BTC enthousiast or community member What do you think? Sacrifice him to the gods or burn him as a witch? Both.
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mindrust
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Activity: 3430
Merit: 2521
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March 11, 2020, 06:35:13 PM |
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We are back in the meme-angle. Reduce the panic levels. I expect a green candle tomorrow. If not, its gonna be very bad.
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Dabs
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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March 11, 2020, 06:38:36 PM |
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You guys watching the traditional stock markets? Everything is on sale.
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bones261
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Activity: 1806
Merit: 1828
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March 11, 2020, 06:39:43 PM |
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You guys watching the traditional stock markets? Everything is on sale.
Even gasoline is on sale.
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d_eddie
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Activity: 2674
Merit: 3587
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March 11, 2020, 06:41:37 PM |
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You guys watching the traditional stock markets? Everything is on sale.
It's been clear out sale since last week. It could be seen as value buying or knife catching, depending on perspective.
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infofront (OP)
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Activity: 2646
Merit: 2793
Shitcoin Minimalist
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March 11, 2020, 06:50:53 PM |
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I'm thinking of playing the US stocks a little more. There is some predictable price action ahead.
For example: By the end of the week, some kind of stimulus package will be passed by the government. Markets skyrocket. Next week, following logarithmic viral spread and increased testing, the market will crash further.
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JimboToronto
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Activity: 4172
Merit: 4816
You're never too old to think young.
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March 11, 2020, 06:51:06 PM |
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What middle class?
Employees. Serfs. Proles.
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Paashaas
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Activity: 3566
Merit: 4704
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March 11, 2020, 06:53:49 PM |
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MasterLuc says hello. His long-term chart.
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JimboToronto
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Activity: 4172
Merit: 4816
You're never too old to think young.
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March 11, 2020, 06:55:24 PM |
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You guys watching the traditional stock markets? Everything is on sale.
Even gasoline is on sale. Not toilet paper though.
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OutOfMemory
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Activity: 1708
Merit: 3439
Man who stares at charts (and stars, too...)
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March 11, 2020, 06:56:13 PM |
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atm it's pumping. observing $7.810
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2020VISION
Jr. Member
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Activity: 118
Merit: 2
The end approaches..What are you doing to prepare?
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March 11, 2020, 07:11:22 PM |
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You guys watching the traditional stock markets? Everything is on sale.
Even gasoline is on sale. Not toilet paper though. hodl paper wallets :-D Lol
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Gyrsur
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Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
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March 11, 2020, 07:34:31 PM |
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becoin
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Activity: 3431
Merit: 1233
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March 11, 2020, 07:46:14 PM |
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Observing split in stock market direction and bitcoin price direction after S&P500 broke 2740 very strong support. Bitcoin price manipulators are done. They are broke. This is excellent sign that bitcoin price will shoot up soon!
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