Biodom
Legendary
 Offline
Activity: 3752
Merit: 3859
|
 |
June 11, 2020, 07:44:45 PM |
|
These little moves are SO funny...
suddenly Yahoo does not show VIX among other indexes, which is, incidentally, up 54 49% today.
I had a few thoughts:
1. It is in the interest of elites to have at least one or two conduits to preserve wealth IF the economic situation deteriorates.
2. Historically, gold was one such conduit.
3. There is a chance that gold would be replaced (at least in part) with bitcoin, but only, paradoxically, if the inflation will not increase tremendously.
4. I believe that if inflation becomes high (and, therefore, $ declines), it would be in the interest of PTB to try to smash any and all competitors, which would then include gold and btc.
5. Conclusion: we have a shot on much appreciation AS LONG as inflation is at least reasonably tame.
I know that this goes against the dominant view that inflation favors bitcoin, but in my opinion, only to a degree.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Be very wary of relying on JavaScript for security on crypto sites. The site can change the JavaScript at any time unless you take unusual precautions, and browsers are not generally known for their airtight security.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
Globb0
Legendary
Offline
Activity: 2674
Merit: 2053
Free spirit
|
|
June 11, 2020, 07:50:01 PM |
|
Get to the choppa!  |
|
|
|
|
LFC_Bitcoin
Legendary
Offline
Activity: 3528
Merit: 9525
#1 VIP Crypto Casino
|
|
June 11, 2020, 08:09:56 PM |
|
Weak hands evaporating just like their futures.
Dem poor gon’ stay poor!
|
|
|
|
|
Phil_S
Legendary
Offline
Activity: 2091
Merit: 1461
We choose to go to the moon
|
|
June 11, 2020, 08:18:01 PM |
|
Did you guys pay attention how extremely precise Bawb has been lately with his dump calls? If I was a trader I'd make a boatload of money using those. But I'm a HODLer...  Link, please? |
|
|
|
|
Biodom
Legendary
Offline
Activity: 3752
Merit: 3859
|
|
June 11, 2020, 08:28:03 PM Merited by JayJuanGee (1) |
|
Tomorrow Dow another 4% down, perhaps, with later day recovery?
No prediction for btc apart from noting that we correlated with Dow/SP500 today and gold did not.
I hope that this short term "trend" won't continue.
For those who might want to complain about gold being mentioned, I am thinking that we need to compare to it more and more in the next, say, 5 years until we overcome it, hopefully.
Focusing on fighting gold makes it:
a. more achievable
b. a solid narrative
c. safer for cashing out in the mid term
planb has a nice chart predicting btc moves with regards to gold and ignoring $.
IMHO, that's the way to go (in comparisons).
If we achieve 100oz/btc in 2 years, as he postulates, I would be very happy.
|
|
|
|
|
|
Indymoney
|
|
June 11, 2020, 08:32:31 PM |
|
Tomorrow Dow another 4% down, perhaps, with later day recovery?
No prediction for btc apart from noting that we correlated with Dow/SP500 today and gold did not.
I hope that this short term "trend" won't continue.
Most chances this will not go longer and we will watch some good bull run in coming days. |
|
|
|
|
jbreher
Legendary
Offline
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
|
|
June 11, 2020, 09:28:51 PM |
|
According to what I've seen, Zhan burst into the office with a couple dozen mercs, took it over, and offered bonuses to any employee that would support him. <comic sans> so drama </comic sans> It is not like Zhan does not have a rightful claim to Bitmain's business, as far as I recall of some of the background facts.. and even chinese law likely would support him in that regard, perhaps. Yeah. I've not been interested enough in the drama to try to tease out the validity of the contested claims. From this distance, it appears a proper shitshow. You'd think the gov would have some way of resolving the conflict, but they don't seem interested. Each of Jihan and Micree seem to be able to seize the reins for a turn, and the powers just let them duke it out. So it looks like chinese law is yet to open their metaphorical mouth to speak on the issue. odd. |
|
|
|
|
sirazimuth
Legendary
Offline
Activity: 3360
Merit: 3499
born once atheist
|
|
June 11, 2020, 10:00:06 PM |
|
.....But it won't forgive you if you make a mistake. Which is one of its powers. No safety net. No customer service/bank to call to. WE are the bank, so we'd better give it the respect it demands.
Karen phuks up her bitcoin transaction then this exchange..... “Hello I need to speak to the bitcoin manager now! I sent my bitcoin to a scammer and want a refund!” “I can’t help you madam... umm...report your complaint to the BBB. /s “BBB? Wtf is that?” “The Better Bitcoin Bureau”..... |
|
|
|
|
OutOfMemory
Legendary
Offline
Activity: 1526
Merit: 2995
Man who stares at charts
|
|
June 11, 2020, 10:04:01 PM |
|
Investing in PMs is like diving the toilet face down, then?  #hodlsleep |
|
|
|
|
bct_ail
Legendary
Offline
Activity: 2618
Merit: 2219
https://t1p.de/6ghrf
|
|
June 11, 2020, 10:21:20 PM |
|
This is one of those guys who preaches water and drinks wine. It's just good advertising these people do. Keep up the good work. |
|
|
|
|
|
aesma
|
|
June 11, 2020, 11:01:28 PM |
|
Some nice price moves today.
|
|
|
|
|
vapourminer
Legendary
Offline
Activity: 4326
Merit: 3519
what is this "brake pedal" you speak of?
|
|
June 12, 2020, 12:22:59 AM |
|
observing some pain.. $9.2k(ish) USD
drums. drums in the deep.
edit: bawb. welcome back. #nohomo
edit 2: as can be seen im not very observant in anything. especially in real time.
|
|
|
|
|
Hueristic
Legendary
Offline
Activity: 3808
Merit: 4891
Doomed to see the future and unable to prevent it
|
|
June 12, 2020, 12:34:38 AM |
|
JJG, can you help me out and tell me what this fucker is trying to say?  Any transactions you make now will not be affected by future focus.
Even in the future of that hypothesis, you can protect yourself from concentration by using higher composite factors. For example, with an attacker controlling 95% of the output, a 100 + 1 transaction will still be inaccessible 99.4% of the time. This was supported by the protocol and mixed 100 (or more) transactions that already existed on the blockchain.
|
|
|
|
|
JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4468
You're never too old to think young.
|
BobLawblaw grumbles. Angrily.
How can you be angry and gay at the same time? |
|
|
|
|
Hueristic
Legendary
Offline
Activity: 3808
Merit: 4891
Doomed to see the future and unable to prevent it
|
|
June 12, 2020, 02:17:13 AM |
|
edit: bawb. welcome back. #nohomo
* BobLawblaw grumbles. Angrily. Is this a dump signal? |
|
|
|
|
JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4468
You're never too old to think young.
|
All this shit in Seattle's Autonomous District is really making me super angry. This country is going full retard.
I wouldn't get worried about that CHAZ shit. It's basically just a bunch of kids having fun by taking themselves seriously. It's really no different than the hippies having a love-in, while it lasts. Eventually it will burn itself out and they'll go home, but some real good may actually come of it. The worst thing is to let it become a Kent State. Let them paint slogans on the street or pass out flowers or whatever. It's the way the grown-ups react that will have the lasting effect. Eventually the Vietnam war ended and Tricky Dicky resigned in disgrace. Let's see how the bumbling reality-TV actor does in this fall's election. Let's see what anti-law-enforcement-brutality legislation results. It's not worth the stress of anger. |
|
|
|
|
marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2348
Eadem mutata resurgo
|
^ you underestimate the circumstances of the current generation of protesters. They have been trashed on the economic scrap pile since entering the workforce, not had jobs having a pick of vocations like the boomers. Their income opportunities and prospects are vastly inferior to the hippy's generation. I don't know how it ends but it's not going to be like a love-in winding up with flashbacks, hangovers and pregnancies being the biggest of their worries. It's pretty hard getting people to go back to nothing. Raz from CHAZ is their new leader. He's a gun-toting rap artist ... doesn't sound like Ben and Jerry or Tim Leary. https://www.zerohedge.com/political/seattle-autonomous-zone-now-has-heavily-armed-warlord-governor-clueless PS: not saying they aren't misled/misguided and choosing vague causes that do little to nothing for improving their circumstances. |
|
|
|
|
Hueristic
Legendary
Offline
Activity: 3808
Merit: 4891
Doomed to see the future and unable to prevent it
|
|
June 12, 2020, 03:18:54 AM |
|
edit: bawb. welcome back. #nohomo
* BobLawblaw grumbles. Angrily. Is this a dump signal? Not for me at least. I don't get emotional about corn. I am a stoic HODLing dolphin in a sea of madness. Hah, I was making a joke about the other guys comment on you calling dumps!  |
|
|
|
|
Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
|
|
June 12, 2020, 03:32:33 AM |
|
Culture always moves to the left. Antifa and the like are useful idiots and will be the first against the wall when we get to that part. Then us.
There will be more riots, more violence, eventually martial law, and then gulags. They will be called something else but they will be gulags. And it's getting close.
The change from what we used to consider normal to going full soviet is like a cliff. Once you go over the edge, things accelerate. Even if not this time, then the next in a few years.
|
|
|
|
|
lightfoot
Legendary
Offline
Activity: 3108
Merit: 2239
I fix broken miners. And make holes in teeth :-)
|
|
June 12, 2020, 03:38:58 AM |
|
All this shit in Seattle's Autonomous District is really making me super angry. This country is going full retard.
Why? It's like Tiennamen square was in the 80's. Fewer people and a bit less insane. Or like those dirt bags who took over a Federal park a few years ago. Except with less guns. No big deal, just ignore them if you don't like it. |
|
|
|
|
|
Poll
