Hhampuz
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Activity: 3038
Merit: 6187
Meh.
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March 13, 2021, 02:25:08 AM |
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That $400 sounds like a bs number, but maybe it is driven by the fact that there is not much point to have a large bank account that pays zero in interest. It's probably a mixed picture. Some young people lost jobs, moved back in with parents, saved on rent and saved almost all stimmie and UI. There are a lot of savings since people with steady income did not spend much, which would move into economy by the summer. The demand will be crazy. I expect inflation to pick up as well. Whether it would be temporary or not-who knows. IMHO, now is the time to plan those 2022 vacations. In our neighborhood some people are selling houses for cheap. Again, imho, they would be sorry in 12-24 mo.
Yeah I've no idea, I just hear things from MSM and it is what it is, however some murican friends of mine do say that it's bad over there for the avg. joe. Here's the article btw: https://abcnews.go.com/US/10-americans-struggle-cover-400-emergency-expense-federal/story?id=63253846
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infofront (OP)
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Activity: 2646
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Shitcoin Minimalist
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March 13, 2021, 04:17:20 AM |
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2341 You can take them all out for the day (fucking & sucking included) on your yacht for a good price in 2021 when we hit $100,000 per bitcoin. To the moon bitches! I'm going to hold you to that.
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philipma1957
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Activity: 4298
Merit: 8828
'The right to privacy matters'
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March 13, 2021, 04:27:01 AM |
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Honest question for WO.. Obviously I'm not 'murican so I've no idea what it's really like over there but.. how many of the people getting stim checks are actually spending them on things like bitcorn? How many people are actually struggling with moniez and will have to use it for every day stuff?
Asking for a friend
this is a good question very hard to answer. But I will give it a shot. We do not need the 2800 and yeah we will qualify for the 2800. We have zero debt we have 3 guaranteed retirement checks we have a 401k and we have BTC + (some shit coins) I will put the 2800 into gpus to mine shit coins to get bitcoins. Today I ordered a 1919 USD gpu to mine eth to directly convert to BTCI have 35-50 friends in the 40-65 year old age group 3 or 4 of us are into BTC we are all doing well enough to not need the check. The other 30-40 friends need the checks and will not be buying btc. I find in the older than 40 group the ones using the money to buy more coin already have coin and do not need the money. I find the ones needing the money never were into coin in the first place See highlighted. How? I keep looking for any 3080 or 3090 and NOTHING. A very stupid situation because i need it not for mining, but gaming. I listed every 3090 3080 3070 3060ti on best buy on evga on b+h photo and do the newegg shuffle. so today after 30-35 tries on best buy since oct i grabbed a pny model for 1799 plus tax. it has been next to impossible to find them close to retail price since Jan. 1
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shahzadafzal
Copper Member
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Activity: 1722
Merit: 3038
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March 13, 2021, 06:13:57 AM |
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Biodom
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Activity: 3934
Merit: 4458
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March 13, 2021, 06:17:10 AM |
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Honest question for WO.. Obviously I'm not 'murican so I've no idea what it's really like over there but.. how many of the people getting stim checks are actually spending them on things like bitcorn? How many people are actually struggling with moniez and will have to use it for every day stuff?
Asking for a friend
this is a good question very hard to answer. But I will give it a shot. We do not need the 2800 and yeah we will qualify for the 2800. We have zero debt we have 3 guaranteed retirement checks we have a 401k and we have BTC + (some shit coins) I will put the 2800 into gpus to mine shit coins to get bitcoins. Today I ordered a 1919 USD gpu to mine eth to directly convert to BTCI have 35-50 friends in the 40-65 year old age group 3 or 4 of us are into BTC we are all doing well enough to not need the check. The other 30-40 friends need the checks and will not be buying btc. I find in the older than 40 group the ones using the money to buy more coin already have coin and do not need the money. I find the ones needing the money never were into coin in the first place See highlighted. How? I keep looking for any 3080 or 3090 and NOTHING. A very stupid situation because i need it not for mining, but gaming. I listed every 3090 3080 3070 3060ti on best buy on evga on b+h photo and do the newegg shuffle. so today after 30-35 tries on best buy since oct i grabbed a pny model for 1799 plus tax. it has been next to impossible to find them close to retail price since Jan. 1 Good for you, I did not make much effort, but will not overpay 2-3X on ebay.
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ivomm
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Activity: 1891
Merit: 3094
All good things to those who wait
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I see some twitter reports that the $1400 stimulus checks deposits will be cleared on 17th March. $400bil will be sent to the Americans from the total $1.9tril stimulus to the economy. If 10%, i.e. $40bil makes its way into bitcoins, that would mean 701K bitcoins at the current price. For reference, the total amount on all exchanges including derivate is BTC2.35mil. So the fun will start from the 17th. Especially for the shorters!
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Hueristic
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Activity: 3990
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Doomed to see the future and unable to prevent it
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March 13, 2021, 07:09:07 AM Last edit: March 13, 2021, 07:22:52 AM by Hueristic Merited by kurious (1), AlcoHoDL (1), bitebits (1) |
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shahzadafzal
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Activity: 1722
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March 13, 2021, 07:15:53 AM |
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Antikythera always amazed me and fascinates me... it’s one of the wonderful engineering marvel to date.
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Hueristic
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Activity: 3990
Merit: 5430
Doomed to see the future and unable to prevent it
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March 13, 2021, 07:23:19 AM |
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Antikythera always amazed me and fascinates me... it’s one of the wonderful engineering marvel to date. Pretty cool they finally solved it.
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OutOfMemory
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Activity: 1722
Merit: 3447
Man who stares at charts (and stars, too...)
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March 13, 2021, 07:25:49 AM |
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Seriously what is your agenda here? From the beginning you're bashing Bitcoin going to zero.
You're looking like that old man yelling bitcoin is going to Z E R O!
Inside joke. The dude is loaded. You must be new here. Plot twist: Bitcoin liquidity is going to zero
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AlcoHoDL
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Activity: 2548
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Addicted to HoDLing!
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March 13, 2021, 08:01:04 AM |
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An Elon-style weekend pump would be great now.
ATH today?
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Cryptotourist
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March 13, 2021, 09:05:01 AM |
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proudhon ... check gembitz ... check BTC hovering around EUR ATH ... check $ ATH yet to sync ... check STF saved by the horizon cunt ... check Okay gentlemen, shall we?
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Parazyd
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March 13, 2021, 09:32:09 AM |
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An Elon-style weekend pump would be great now.
ATH today?
Would be nice, but I think we'll have to wait until the stimulus checks clear.
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ivomm
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Activity: 1891
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All good things to those who wait
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March 13, 2021, 09:57:08 AM Last edit: March 13, 2021, 11:45:16 AM by ivomm |
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Seriously what is your agenda here? From the beginning you're bashing Bitcoin going to zero.
You're looking like that old man yelling bitcoin is going to Z E R O!
Inside joke. The dude is loaded. You must be new here. Plot twist: Bitcoin liquidity is going to zero Considering that CB reserve currently is BTC700K and that almost all BTC's will be purchased on that exchange with the stimulus checks, your comment "Plot twist: Bitcoin liquidity is going to zero" is a real possibility. As I noted in my previous post, if 10%, i.e. $40bil makes its way into Bitcoin, that would mean 701K bitcoins at the current price. I can say also that very rarely until now we could have predicted with a near 100% certainty that a bull run in coming in the next days and weeks. The funny thing is that even now the traders continue with their catching-the-knife play of shorts/longs and waiting for a dip strategy. Nobody can pour a brain in heads like these. I can only reccomend them to buy this shirt: https://zpostore.com/what-ive-learned-so-far?fbclid=IwAR0fXOyR2H4ZotCnO4Oi34zmC_iPGRLvJcsiSRvHXoE519nlg-uzv7rwzgo&s=hanes-5250&c=White&p=FRONT
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kurious
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Activity: 2590
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March 13, 2021, 09:59:02 AM |
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Thanks for a decent half hour's viewing. Fascinating.
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Arriemoller
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Activity: 2282
Merit: 1767
Cлaвa Укpaїнi!
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March 13, 2021, 10:12:10 AM |
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Thanks for a decent half hour's viewing. Fascinating. Price going up yo!
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_javi_
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March 13, 2021, 10:13:18 AM |
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Boom shakalaka!!
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julian071
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March 13, 2021, 10:14:00 AM |
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I love green morning wood.
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vroom
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Activity: 1318
Merit: 1935
a Cray can run an endless loop in under 4 hours
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March 13, 2021, 10:14:21 AM |
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