Richy_T
Legendary
 Offline
Activity: 2436
Merit: 2121
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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July 01, 2014, 08:23:30 PM |
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My point is to say there will be no USA in 20 years is a naive statement. The USA has far too much power, momentum and wealth to go that quickly. I am not saying it isn't breaking. But I am saying it will not fail that fast.
The USA is a federation of 50 smaller states. It could easily fracture without necessarily causing a huge catastrophe. The last few administrations have not exactly done much to ease things. There may still be a "USA" in 20 years time but it may not resemble what you see when you look at the map today. If it does happen, there's a fair chance it could happen quite quickly. |
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KFR
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July 01, 2014, 08:27:22 PM |
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It's funny that before 1971 all were non-debt based and now they are all debt based ...
It was basically the biggest heist(s) ever. Before you could exchange money for gold so the gold was effectively yours. After, nada. (Note: I am not an advocate of gold backed currencies in particular but this was still theft) And now the German govt can't even get the US govt to let them look at their gold. That was 4 1/2ish decades ago now. Things have not got any better. Well said.  |
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ejinte
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July 01, 2014, 08:29:27 PM |
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Just wait until China drop their US bonds and the USD is no longer the world reserve currency.
Yep, both China EU and Russia wants to stop trading in USD, many Arab country as well. Why would they trade in USD? They're holding tons of worthless US debts. It's just stupid for EU and China to do their trade in USD. I would be scared if I were American and relying on the USD. Maybe this is why we get so many good news from the US, they know their USD is going down, and think it's better if their citizens but as many BTC as possible?  |
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wachtwoord
Legendary
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Activity: 2324
Merit: 1125
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July 01, 2014, 08:39:47 PM |
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See? People love paying taxes! |
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Krabby
Sr. Member
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Activity: 644
Merit: 250
https://primedao.eth.link/#/
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July 01, 2014, 08:56:01 PM |
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Something happen?
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kodtycoon
Legendary
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Activity: 1568
Merit: 1002
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July 01, 2014, 08:56:54 PM |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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July 01, 2014, 08:57:05 PM |
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Something happen?
Selling news. |
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ShroomsKit
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July 01, 2014, 08:57:57 PM |
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Something happen?
The 30k coins were sent to 1 winner. So now everybody totally completely fucking panics. |
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Krabby
Sr. Member
Offline
Activity: 644
Merit: 250
https://primedao.eth.link/#/
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July 01, 2014, 08:58:37 PM |
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Oh wow. Not sure why that would make the price drop though.. |
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Raystonn
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July 01, 2014, 08:58:46 PM |
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This drop will create the new floor on high volume. One buyer is very bullish. It means the sale price was likely higher than most anticipated.
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Cassius
Legendary
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Activity: 1764
Merit: 1031
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July 01, 2014, 08:59:31 PM |
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Did we not have a good estimate at $665?
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kodtycoon
Legendary
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Activity: 1568
Merit: 1002
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July 01, 2014, 08:59:40 PM |
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he must have paid a premium to get all of them! is that not a seriously bullish sign or is their going to be fear of him dumping them?
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kireinaha
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July 01, 2014, 08:59:44 PM |
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They all went to one bidder?
Well, clearly we must all panic now!
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Cassius
Legendary
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Activity: 1764
Merit: 1031
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July 01, 2014, 09:00:02 PM |
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This drop will create the new floor on high volume. One buyer is very bullish. It means the sale price was likely higher than most anticipated.
And a LOT of interested parties with no bitcoins. |
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derpinheimer
Legendary
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Activity: 896
Merit: 1000
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July 01, 2014, 09:00:07 PM |
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Something happen?
The 30k coins were sent to 1 winner. So now everybody totally completely fucking panics. This is crazy. I bet this guy got them for <$675. Public auction would have sold a lot higher, I think. Now, selling news? Not really. But its still somewhat disturbing, depending on what they went for ($800? Awesome, $700? Not so good) |
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magicmexican
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July 01, 2014, 09:00:11 PM |
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Explain how is that such a bad news?
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Melbustus
Legendary
Offline
Activity: 1722
Merit: 1003
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July 01, 2014, 09:00:21 PM |
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Something happen?
The 30k coins were sent to 1 winner. So now everybody totally completely fucking panics. I see that as quite positive. Now if the USMS auctions off the rest of the gov's BTC holdings, there's a confirmed pool of willing bidders who were left empty-handed by this first auction. Any subsequent auction's bidding is therefore likely to be even more aggressive relative to prevailing market-price at the time. |
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MNDan
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July 01, 2014, 09:00:31 PM |
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There is NO way they are dumping them for what they paid!
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