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Author Topic: Economic Devastation  (Read 503960 times)
Mr.Anonymous
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December 05, 2017, 10:46:51 PM
 #3001

economic devastation will always occur...the difference between rich and casual grows in the world... therefore in one regions everything will remain bad, and the other will develop...unfortunately, this is the reality of the modern world...it's not profitable for anyone, that "everyone are happy and rich"

Thanks to this truth, the world does not become boring. Imagine a world does not have competition, I will not want to do anything because I can have money without work hard. Earn money and enjoy amount you earned, it is a simple happiness when you work.
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December 08, 2017, 04:42:59 AM
 #3002

The country that will always be an easy target of the target market of various products of the countries of the world. At this time, because our people's purchasing power is weak, then the various types of products that come, are various low quality products coming from China with very cheap price. Even the marketing net has reached the street vendors throughout Indonesia. As a result, all existing domestic production has been destroyed by numerous factories of plastics and textiles and carpentry tools, children's toys out of business.
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December 10, 2017, 03:59:30 PM
 #3003

Wow I was reading iamnotback's comments and remembered r0ach, almost forgot about this guy. Where did he sell again? like under $2000? and went all in on metals? what a fuck up. Gold's not looking too good for the time being:



Not many support lines after that. I hope that small green candle is the start of a recovery for these still holding gold. And the weekly chart looks even worse. It's below the 50 day moving average approaching the 200 dmv.

Good luck with your investment goals in 2018.
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December 10, 2017, 09:03:35 PM
 #3004

Wow I was reading iamnotback's comments and remembered r0ach, almost forgot about this guy. Where did he sell again? like under $2000? and went all in on metals? what a fuck up. Gold's not looking too good for the time being:



Not many support lines after that. I hope that small green candle is the start of a recovery for these still holding gold. And the weekly chart looks even worse. It's below the 50 day moving average approaching the 200 dmv.

Good luck with your investment goals in 2018.
Hmm, it seems the investors are selling Gold to have money for Christmas and new year. My family usually buy more Gold for our saving in this time, because we understand the mentality of investors want to have money for their party these events.
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December 11, 2017, 03:40:41 AM
 #3005

Wow I was reading iamnotback's comments and remembered r0ach, almost forgot about this guy. Where did he sell again? like under $2000? and went all in on metals? what a fuck up. Gold's not looking too good for the time being:



Not many support lines after that. I hope that small green candle is the start of a recovery for these still holding gold. And the weekly chart looks even worse. It's below the 50 day moving average approaching the 200 dmv.

Good luck with your investment goals in 2018.
He sold under $600 but says he didnt basically all he did was he sold all his btc then had some alts and sold them for btc so he had a tiny bit of btc left not sure of he sold that but he did go ballz in yet has odacity to try to tell people he didnt lol anyone with 2 peas in their head can his shift in sentiment aswell as downward equity trajectory. Well some people arent meant to see success and become their own biggest enemies this guy is a perfect example. Fails to see the forest from the trees. Roach got exterminated but still hangs around trying to convince himself that metals are a savior to our banking system heh.
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December 12, 2017, 05:10:37 PM
 #3006

Wow I was reading iamnotback's comments and remembered r0ach, almost forgot about this guy. Where did he sell again? like under $2000? and went all in on metals? what a fuck up. Gold's not looking too good for the time being:



Not many support lines after that. I hope that small green candle is the start of a recovery for these still holding gold. And the weekly chart looks even worse. It's below the 50 day moving average approaching the 200 dmv.

Good luck with your investment goals in 2018.
He sold under $600 but says he didnt basically all he did was he sold all his btc then had some alts and sold them for btc so he had a tiny bit of btc left not sure of he sold that but he did go ballz in yet has odacity to try to tell people he didnt lol anyone with 2 peas in their head can his shift in sentiment aswell as downward equity trajectory. Well some people arent meant to see success and become their own biggest enemies this guy is a perfect example. Fails to see the forest from the trees. Roach got exterminated but still hangs around trying to convince himself that metals are a savior to our banking system heh.

Oh fuck, $600? that's unfortunate.. wasn't he a whale? That's crazy. And like I said... gold just broke that floor and it's going lower, it's not looking good to be frank.. but at this point, I don't know what I would do if I was him. Selling your gold position at a loss would suck, and getting back into BTC right now with the risk of a big correction happening would suck, but you could also miss the breakthrough to $20k+ and further moonings, while gold goes down to test $1123.. and who knows if that is broken below $1000? (worst case scenario). We'll see. Im just holding BTC for the time being, and still researching altcoins in the 1% chance that I miss an actual hidden gem worth investing some at.
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December 12, 2017, 10:33:29 PM
 #3007

Wow I was reading iamnotback's comments and remembered r0ach, almost forgot about this guy. Where did he sell again? like under $2000? and went all in on metals? what a fuck up. Gold's not looking too good for the time being:



Not many support lines after that. I hope that small green candle is the start of a recovery for these still holding gold. And the weekly chart looks even worse. It's below the 50 day moving average approaching the 200 dmv.

Good luck with your investment goals in 2018.
He sold under $600 but says he didnt basically all he did was he sold all his btc then had some alts and sold them for btc so he had a tiny bit of btc left not sure of he sold that but he did go ballz in yet has odacity to try to tell people he didnt lol anyone with 2 peas in their head can his shift in sentiment aswell as downward equity trajectory. Well some people arent meant to see success and become their own biggest enemies this guy is a perfect example. Fails to see the forest from the trees. Roach got exterminated but still hangs around trying to convince himself that metals are a savior to our banking system heh.

Oh fuck, $600? that's unfortunate.. wasn't he a whale? That's crazy. And like I said... gold just broke that floor and it's going lower, it's not looking good to be frank.. but at this point, I don't know what I would do if I was him. Selling your gold position at a loss would suck, and getting back into BTC right now with the risk of a big correction happening would suck, but you could also miss the breakthrough to $20k+ and further moonings, while gold goes down to test $1123.. and who knows if that is broken below $1000? (worst case scenario). We'll see. Im just holding BTC for the time being, and still researching altcoins in the 1% chance that I miss an actual hidden gem worth investing some at.
Dont think he was a whale by any means. Check out Syscoin its the one I developed. Its probably the most promising alt out of top 10 but I am biased do not take my word dyor. Thanks!
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January 29, 2018, 09:36:05 AM
 #3008

The question is which tent to order? So if you are beginner who has just taken increase the art of skyrocketing plants you'll and then buy hercules roadeo from Shopozo and earn cashback in Shopozo
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April 03, 2018, 07:25:13 PM
 #3009

Even tougher to take someone seriously who infers that I am a socialist based on the content of my post.  You really come across like a frothy-mouthed fool despite your intelligence in some areas.  Is this your intent?

If not, you might want to reconsider your approach.


I think some economists have written about this as early as 2003, so this is not so hot news for those who keep up with the latest developments.
It's still valid, and will be valid for a while.
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April 03, 2018, 07:59:07 PM
 #3010

Shit that dress was gold and white again and slowly morphed to blue and black over about 3 seconds! Is anybody else getting this effect?


I think as long as constituents have a way to opt out or inculcate positive feedback on / keep government alignments.
From what I have read, a benign dictatorship seems to be the only form of government that can survive and govern for the benefit of its regulated constituency.
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April 08, 2018, 11:42:33 AM
 #3011

Hopefully with a bitcoin can save the world economy from devastation. We all know, too much currency makes many problems in global trade, many countries that do not want to use another country's currency so that they use the strongest currencies.
i think they are not using the strongest currency but using most stable currency in the world that is usd, if you see the gold chart indicates that downtrend to support below

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May 02, 2018, 09:23:59 AM
 #3012

Society without cash is the future, but to make it more effective into the entire operations each government needs to accept the digital currencies

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May 29, 2018, 09:36:37 PM
 #3013

Art is used in drug deals in place of cash as high value tokens of exchange, hence stolen art though it cannot be sold properly is used in this way and with alot less effort then collecting suitcases of dollars. All that time they were there and trying to dismount the militia type occupation, they should have enabled as much wireless broadband as possible. 
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June 13, 2018, 04:34:57 PM
 #3014

The changes are going slow.... and suddenly fast  Roll Eyes

I think Bitcoin already is de facto World Currency. The rest is just the recognition and subsequent adaption phase.

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June 13, 2018, 04:40:43 PM
 #3015

It'll cost a lot more to build a robot to clean a hotel room than a human

Depends how you view that taking place, we already have automatic hovering bots right.   The cost of a human is the labour rate and other overheads, also a human is in some cases less able perhaps more noisy more bulky and not available 24/7

Its very possible for automation to challenge human labour in a few places I think.   Not every country has cheap labour, some have a labour shortage.  Naturally humans are better used then just for cleaning up dirt, a good market would make the most of the basic resource Cheesy

Economic devastation would result in a system off kilter, not self adjusting or realising positive conclusions like this.  Hence the break down brings a halt to a failing system, its some kind of positive in that the rebuilding from that devastation is a better more resilient economy I hope.

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June 13, 2018, 11:22:55 PM
 #3016

I dont agree that it would cost more.  If you factor in all costs - externalities - of low paying jobs for example, like cleaning a hotel, you find that we pay a high price for shit paid jobs.  Poverty.  Higher crime.  Higher health problems.  Social problems.  People stuck in poverty, etc.  There is no reason for people to do shit work for shit pay, when a robot can.  Instead society can pay a minimum income to all and so we will be free to pursue other things in life, like learning new things, etc.

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June 14, 2018, 02:14:53 AM
 #3017

What is the economic devastation you think? If we invest in property losses for corruption and other related problems, the economy will be exhausted and it will slowly deteriorate and slow the economy
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July 20, 2018, 12:34:36 PM
 #3018

The changes are going slow.... and suddenly fast  Roll Eyes

I think Bitcoin already is de facto World Currency. The rest is just the recognition and subsequent adaption phase.
Exactly. I think so. The economy is changing slowly and then the changes are unpredictable. Make sure bicoin is the currency of the whole world and I expect high on it. In the future people will gradually adapt to it, and it is possible that bitcoin is used universally for the whole community. I think so.
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July 20, 2018, 12:51:43 PM
 #3019

You will probably need a week or two of studying the thread slowly.



I will be the first to admit I needed a week or two to fully absorb the following works of AnonyMint.

The Rise of Knowledge
Understand Everything Fundamentally

Together these are quite simply the most insightful piece of economic theory I have ever read.

If the author is right and I think he is we are all in the midst of a tragedy of epic proportions.  It is sad unstoppable and will devastate the lives of much of humanity.


Actually the words devastation is to ruined or destroy  the the economic growth ,but in the place of digital currency investment,this is not devastating the progress of economy instead its help to promote the growth of economy,and social responsibility by means of capitalize country,therefore economic devastation is only for those bussiness that can destroy the economy and humanity just like those illegal activities.

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