infofront (OP)
Legendary
Offline
Activity: 2646
Merit: 2793
Shitcoin Minimalist
|
|
February 10, 2021, 03:06:15 AM |
|
Then after Kamala, no chrome.
Why would you care anymore? That's the whole point of bitcoin. The introduction of wealth taxes, and increasing capital gains taxes can take an even larger chunk of our bitcoin though.
|
|
|
|
Richy_T
Legendary
Offline
Activity: 2590
Merit: 2287
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
February 10, 2021, 03:13:56 AM |
|
If wealth taxes start being egregious, it might be time to consider an exit. Lots of countries where your money will go a long way.
|
|
|
|
True Myth
|
|
February 10, 2021, 03:23:45 AM |
|
If wealth taxes start being egregious, it might be time to consider an exit. Lots of countries where your money will go a long way.
Agreed. It's amazing how far your money (or Bitcoin) goes in some other beautiful places in other countries. My exit strategy is planned, locked, and loaded.
|
|
|
|
lightfoot
Legendary
Offline
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
|
|
February 10, 2021, 03:49:49 AM |
|
Then after Kamala, no chrome.
Why would you care anymore? That's the whole point of bitcoin. The introduction of wealth taxes, and increasing capital gains taxes can take an even larger chunk of our bitcoin though. Fortunately those items would be DOA: One of the nice things about being in a plutocracy is that the wealthy will NEVER harm themselves. So anything more than a token increase in CG isn't going to happen, and wealth taxes won't happen either. It's possible TPTB will just outlaw bitcoin ownership under the usual penalty of death and such, but in that case we still have the bitcoins in our minds and those can't be released without the usual torture or a club. If society gets to that level we have different problems. It is far far easier to just fuck with the current monetary system and screw over working and "poor" people who base their lives around fiat then it is to go after a few of us. And besides as bitcoin will go up prices will go up as well so you may be paying 2.5btc for a Tesla or 10 million in shit-dollars for a Tesla. Start thinking of it this way: The value of bitcoin is not going up, the value of fiat is going down.
|
|
|
|
lightfoot
Legendary
Offline
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
|
|
February 10, 2021, 03:51:27 AM |
|
If wealth taxes start being egregious, it might be time to consider an exit. Lots of countries where your money will go a long way.
Agreed. It's amazing how far your money (or Bitcoin) goes in some other beautiful places in other countries. My exit strategy is planned, locked, and loaded. Talk to people here who went to some of these "beautiful countries" (Panama? Thailand?) where they barely escaped with their lives. Things can be... complex... out there.
|
|
|
|
nanobtc
|
|
February 10, 2021, 04:06:04 AM |
|
WB Richy_T, miss your input.
|
|
|
|
yefi
Legendary
Offline
Activity: 2842
Merit: 1511
|
|
February 10, 2021, 04:14:01 AM |
|
Fortunately those items would be DOA: One of the nice things about being in a plutocracy is that the wealthy will NEVER harm themselves. So anything more than a token increase in CG isn't going to happen, and wealth taxes won't happen either. Methinks you underestimate the threat of populism. Politician's pockets may be lined by the rich, but they're ultimately voted in by the public (electoral fraud notwithstanding).
|
|
|
|
Richy_T
Legendary
Offline
Activity: 2590
Merit: 2287
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
February 10, 2021, 04:14:56 AM |
|
Not really a better place to talk about BTC ATHs.
|
|
|
|
lightfoot
Legendary
Offline
Activity: 3164
Merit: 2258
I fix broken miners. And make holes in teeth :-)
|
|
February 10, 2021, 04:32:43 AM Last edit: February 10, 2021, 10:58:48 AM by lightfoot |
|
Fortunately those items would be DOA: One of the nice things about being in a plutocracy is that the wealthy will NEVER harm themselves. So anything more than a token increase in CG isn't going to happen, and wealth taxes won't happen either. Methinks you underestimate the threat of populism. Politician's pockets may be lined by the rich, but they're ultimately voted in by the public (electoral fraud notwithstanding). Hm. Populism is probably not a major issue to holders of wealth since the people who fall for it are easily led into more productive avenues such as hating (insert appropriate rage topic) instead of the wealthy. They will do this while electing plutocrat "populists" to power (see Perot, R.; Trump, etc) and support them while they vote 2t tax cuts for the "wealthy" right in the middle of it. There is a hook of "we'll get you something from "those" people, but those who believe they can get "something for nothing" are without a doubt the easiest marks for traditional confidence games. As a citation, see GSE, recent Doge/silver pumps, and Wall Street "Bets".... While there are exceptions (see revolution, French) it seems that what is substituted into a populist movement is a sanction for someone to hate. It's been this way since William Jennings Bryan and the ole Cross of Gold. So unless you totally blow your populism movement I don't think it's a problem. Such movements just fall apart under the weight of the scams perpetrated upon their members (cash 4 gold, beet juice, ethereum, etc) Edit: Cleaned this up a bit. It's a complicated topic but I have noticed that populist movements get hijacked pretty quickly to serve other ends (see Christ, J., American Revolution, French Revolution, Russian Revolution, etc)
|
|
|
|
shahzadafzal
Copper Member
Legendary
Offline
Activity: 1708
Merit: 3035
|
A message to latecomers...
|
|
|
|
Richy_T
Legendary
Offline
Activity: 2590
Merit: 2287
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
|
|
February 10, 2021, 05:11:40 AM |
|
19 days left in February. Will we see 50k?
|
|
|
|
Sayeds56
Copper Member
Hero Member
Offline
Activity: 1456
Merit: 741
Buzz App - Spin wheel, farm rewards
|
|
February 10, 2021, 05:18:07 AM |
|
Not really a better place to talk about BTC ATHs.
|
|
|
|
philipma1957
Legendary
Offline
Activity: 4284
Merit: 8755
'The right to privacy matters'
|
|
February 10, 2021, 05:20:44 AM |
|
19 days left in February. Will we see 50k?
Sure less than a week. 60 k by march 3
|
|
|
|
xhomerx10
Legendary
Offline
Activity: 4004
Merit: 8802
|
|
February 10, 2021, 05:41:50 AM |
|
The Earth has never seen a hard limited asset that can be bought by anyone with access to a network suddenly being fought over by more and more of the corporations
The corporations bought. They are not so dumb to shill Bitcoin and then start selling. They bought off exchanges to not influence price and hold. Only increase price by free PR so consumers buy and other corporations buy too. Have no illusion they will be first to sell if they need money quick. But looking very good for Bitcoin now. Only making it hard for consumers to buy one full bitcoin. Maybe 0,1 bitcoin is the new thing. Can still be worth $100k one day when FIAT crash. I read dead cat today and it say today bitcoin will be $50k this week. (no i did not kill cat, it die natural cause, sad beautiful cat). Cat lookalike Lazslo chorus Sagittarius more or less gold roses pilgrim nightmare cheeks tonight That reads like a wallet passphrase
|
|
|
|
Sayeds56
Copper Member
Hero Member
Offline
Activity: 1456
Merit: 741
Buzz App - Spin wheel, farm rewards
|
|
February 10, 2021, 05:44:05 AM |
|
19 days left in February. Will we see 50k?
Sure less than a week. 60 k by march 3 Everything is possible when it comes to BTC. You can predict the Bottom but not the Top.
|
|
|
|
STT
Legendary
Online
Activity: 4074
Merit: 1450
|
|
February 10, 2021, 06:07:51 AM |
|
Thats actually a very reasonable point, the lows tend to be alot more consistent and reliable to predict where as the tops are very frothy hence the great doubts expressed by some as it swings back and forth rapidly.
Telegram is less of a resource more chat, depends what you want. Ive been member of forums for decades, I dont think its going anywhere. Perhaps various hypertext ideas could enhance but I've been reading about all sorts of potential expansions beyond purely reading for 25 years and simple lasts longest.
|
|
|
|
BitcoinGirl.Club
Legendary
Offline
Activity: 2940
Merit: 2783
Bitcoingirl 2 joined us 💓
|
|
February 10, 2021, 06:33:32 AM |
|
Hodl the Dildos tight brothers!
Good morning WO Observing @ $46,570!
We almost had $50k mark, it's a matter of few hours or few days now. Few years ago when anyone said bitcoin may hit $50K it was a crazy speculation.
It's been long day since my post in the thread. How are we all doing?
|
|
|
|
BitcoinGirl.Club
Legendary
Offline
Activity: 2940
Merit: 2783
Bitcoingirl 2 joined us 💓
|
|
February 10, 2021, 06:39:36 AM |
|
When I have bitcoin, why would I buy Tesla?
|
|
|
|
Sayeds56
Copper Member
Hero Member
Offline
Activity: 1456
Merit: 741
Buzz App - Spin wheel, farm rewards
|
|
February 10, 2021, 06:45:19 AM |
|
When I have bitcoin, why would I buy Tesla?
Absolutely right. Bitcoin will always rise but not sure about Tesla.
|
|
|
|
DaRude
Legendary
Offline
Activity: 2902
Merit: 1914
In order to dump coins one must have coins
|
|
February 10, 2021, 07:00:03 AM |
|
When I have bitcoin, why would I buy Tesla?
Cause bitcoin can't teleport you to a store/restaurant/movies etc... (yet)
|
|
|
|
|