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Author Topic: Bitcoin is a weapon  (Read 2389 times)
cosmofly
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April 17, 2014, 04:56:12 AM
 #21

Lame

chessnut
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April 17, 2014, 04:58:28 AM
 #22

If USD collapses, then why would 1 BTC only be worth $40k? And secondly, why are you pegging it to the USD if you're so confident that the U.S. economy will collapse?

exacly, we should peg it to the price of oil, or corn, as in BTC/corn, BTC/oil

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April 17, 2014, 06:37:32 AM
 #23

Why would China want to take down the dollar?   Don't they own America's debt and rely on USD factory orders?

If the Chinese elite utterly destroy the Western economies, they rule the world. Simple as that.

Get used to it: The state attracts psychopaths. It's purpose is power, not wealth. Human lives mean nothing to the psychopaths on top. You, my friend, are a means, not an end. So are all the other tax serfs, everywhere.

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April 17, 2014, 06:42:55 AM
 #24

Bitcoin is CHANGE without firing a single shot.

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Swordsoffreedom
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April 17, 2014, 06:51:19 AM
 #25

If USD collapses, then why would 1 BTC only be worth $40k? And secondly, why are you pegging it to the USD if you're so confident that the U.S. economy will collapse?

Too much expenses not enough income overspending problem combined with a shift in reserve currency over the next several years to a multi-basket
The US debt issue is more serious than most people realize but we will see how it is addressed
US has fracking now so they may be in cash soon

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Wilhelm
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April 17, 2014, 07:06:57 AM
 #26

Why would China want to take down the dollar?   Don't they own America's debt and rely on USD factory orders?

If the Chinese elite utterly destroy the Western economies, they rule the world. Simple as that.

Get used to it: The state attracts psychopaths. It's purpose is power, not wealth. Human lives mean nothing to the psychopaths on top. You, my friend, are a means, not an end. So are all the other tax serfs, everywhere.

The US and most big countries are no different to China, all hunger for power.
In China the human rights are worse or non-existent if you didn't make it in life.

That said China would rather to destroy the US from within. They are buying up bonds and land so the US owe them everything and do their bidding.
Basically the same as the US is doing in countries like Afghanistan, Irak, etc. and has done in former Soviet Russia.
Basically the same as Europe is doing with countries like Greece.
Make the bastards owe you so they do your bidding! (this is power)

You basically buy the country, liquidate it's assets and own it's land and people. The US does this by injecting pro-US governments in those countries.
Destroying a country by bombing it's economy leaves nothing useful and gains no power, just eliminates competition.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
culexevilman
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April 17, 2014, 09:01:48 AM
 #27

And China is holding it. Byebye USD, Nice knowing ya..


April - June and even perhaps July:

Bitcoin will rise


June - July - August sometime:

Economic crash


Aug - September

Last few dollars flee into Bitcoin (FROM WALLSTREET, and this will be the last and biggest upswing mankind has ever seen in its entire history).


December:

1 Bitcoin is Worth 40,000 USD or more.

quote me for future references, China will trigger and burst the mother of all bubbles, you thought you seen bad? Wait for this one, its going to be hell of a ride...
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April 17, 2014, 04:35:12 PM
 #28

Bitcoin is CHANGE without firing a single shot.
This is very much true. [Although, whether shots are fired because of it is a completely different story.]
hellscabane
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April 17, 2014, 04:40:45 PM
 #29

If USD collapses, then why would 1 BTC only be worth $40k? And secondly, why are you pegging it to the USD if you're so confident that the U.S. economy will collapse?

exacly, we should peg it to the price of oil, or corn, as in BTC/corn, BTC/oil
I concur, if BTC is meant to be a currency (which I hope it is rather than just a financial vehicle), then it would make sense to start treating it as such. And if it has to be pegged to fiat, it should at least be the fiat of an economy that will remain strong once everything hits the fan.

I agree that the USD isn't dead in the water yet. Of course as someone else mentions, the amount of debt that the US carries is staggering, but still there is more to it than just that.
Swordsoffreedom
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April 18, 2014, 05:22:30 AM
 #30

Bitcoin is CHANGE without firing a single shot.

For some reason this seems like a good motivational quote

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April 18, 2014, 02:08:32 PM
 #31

so do you think that eventually BTC won't be priced in dollars? If not, what currency would it be priced in (assuming it needs to be priced in any currency)?

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April 18, 2014, 02:14:50 PM
 #32

Threads like these just completely ruin this community.

OP, show proof that you're selling everything you own to buy bitcoins to put your bitcoins where your mouth is, or gtfo.
NationOwnedCCNow (OP)
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April 18, 2014, 03:20:33 PM
 #33

Threads like these just completely ruin this community.

OP, show proof that you're selling everything you own to buy bitcoins to put your bitcoins where your mouth is, or gtfo.


You want to see my fiat and bitcoin accounts? Is that proof? And why the fk would you need me to proove anything? You need to be able to rely on my judgement and decisions to make Your own? I'm laying out an idea for discussion, if you don't come to the same conclusions as me thats fine With me. If you have nothing to contribute to the discussion but showing you're a weakhearted individual YOU should gtfo.


Quote
so do you think that eventually BTC won't be priced in dollars? If not, what currency would it be priced in (assuming it needs to be priced in any currency)?

How is BTC priced in dollars? My Exchange is pricing it in CNY.


But this "priced in" just means SHOWN or calculated in, litteraly that doesn't mean anything.
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April 18, 2014, 03:35:29 PM
 #34

Your "prediction" is a bitcoin price of $40,000 in December 2014.

If you believe this, you're pumping every last cent of the fiat currency of your choice into bitcoin, yes?

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April 18, 2014, 03:45:28 PM
Last edit: April 18, 2014, 04:01:18 PM by atp1916
 #35

Silly Libertarians / Anarchists.

Bitcoin is not your "weapon" to go and destabilize countries and economies.  Bitcoin is not your "French Revolution" nor will it ever be.

The US economy is not crashing (any time soon).  Banks aren't going anywhere.  The government isn't going anywhere.  Law enforcement isn't going anywhere.  

Grow up.  Learn to play within the bounds of society.  Be productive, add value, and assist your fellow man.  Optimize and revolutionize things.  

Yes, the government needs to be clipped and sheared down to size.  As a catalyst to accomplish that sheering, Bitcoin is an optimal weapon against bad monetary policy, not against the institution of government itself.  Bitcoin is a ultimately a weapon against bad policy in general, but not at all a weapon against social institutions.

And no, i won't be replying to you and your kinds retorts.  Call me a 'sheeple' all you want, but we have the power.  You don't.
NationOwnedCCNow (OP)
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April 18, 2014, 04:03:06 PM
 #36

Your "prediction" is a bitcoin price of $40,000 in December 2014.

If you believe this, you're pumping every last cent of the fiat currency of your choice into bitcoin, yes?



Absolutely.



@ atp1916

My weapon? No.. Our weapon? No.. you missed the point completely. There is 2 major WARs going on in this very moment:

Cyber war - USA n Allies vs World/3rd World

Currency war - Make Your currency/Whole market as attractive as possible by deflation
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