Topic: If you're hoping for economic disaster to raise price, then you're not a "bull" (Read 2130 times)

Exactly what are you trying to say?

Exactly what are you trying to say? Speak plainly.

Since the Babylonian exile Jews have done what humans do best, they scatter in order to survive. If we have any future on what is becoming an increasingly inhospitable planet I imagine this is an important lesson.

Namecalling aside, it is curious that jews have a thousands of years long history of being kicked out of their host countries.

You think Bitcoin's only feature is to subvert the government?  Maybe you should read the white paper on Bitcoin and learn more about its functionality...  micropayments, digital contracts,  anti double spending,  security,  overhead cost savings,  just to name a few.

Once again, you're pushing your fraudulent lie that anyone who refuses to be oppressed by an ethnocentric mafia in media and banking is an "anti-semite", when it is the people who control these positions of power who are anti-caucasian, anti-asian, anti-everyone else.  You are the real racist, not the people who attempt to defend themselves from slavery.  Zionist Judaism is an ethnocentric, racial supremacist cult identical to the Nazis.  You support Zionist Judaism, therefore you are a Nazi.

I'm glad there are people here who can express themselves so sensibly. I was just going to call him an asshole.

^ You and your antisemitic clown posse really need to learn to distinguish Ashkenazi names with a Germanic root from Christian German names. I mean, it's not as if your theories aren't dumb enough conjecture wise, they're also full of trivial factual details.

You got it backwards far leftist dirtbag.  It is you that needs to stop being racist against Caucasians, Asians, and all others.  Just like when you inflate a stock too much before it explodes, we've reached peaked leftism and your propaganda doesn't work anymore and is coming crashing down.  There is no global problem in banking fraud and media propaganda due to so called "anti-semites".  When you turn on the news at night, there are no stock markets being crashed or wars being created by "anti-semites".  Those problems are caused by an anti-caucasian, anti-asian, anti-everything, ethnocentric, racial supremacist mafia called Zionist Judaism:

The Usual suspects

Robert B. Zoellick(Ashkenazi Jew) – President, The World Bank

Dominique Strauss-Kahn(Ashkenazi Jew) – Managing Director, International Monetary Fund (IMF)

John Lipsky(Ashkenazi Jew) – First Deputy Managing Director, International Monetary Fund (IMF)

Janet Yellen(Ashkenazi Jews) – Chairman of the Board of Governors of the U.S. Federal Reserve Banking System.

Lloyd Blankfein: CEO of Goldman Sachs Bank of NY. Goldman Sachs is one of the owners of the Federal Reserve Bank consortium, made up of 8 banks, the House of Rothschild being the principal owner.

Harvey Krueger: Chairman of Lehman Brothers Bank of NY. Lehman Brothers is also one of the owners of the Federal Reserve Bank consortium.

Ben S. Bernanke(Ashkenazi Jew) – Former Chairman of the Board of Governors of the U.S. Federal Reserve Banking System.

William C. Dudley(Ashkenazi Jew) – President and Chief Executive Officer, Federal Reserve Bank of New York.

Lee C. Bollinger(Ashkenazi Jew) – Chairman, Board of Directors, Federal Reserve Bank of New York.

Fred P. Hochberg (Ashkenazi Jew) – Chairman and President, Export-Import Bank of the United States

...too many more to even list

I feel the same way OP! I definitely don't wish for any kind of disaster to happen in order for us to grow! We will all lose much more if any disaster strucks than what we will gain if Bitcoin was to increase in such circumstances!

I mean you can't convert everything you have in Bitcoin. Your possessions, cars, houses, retirement funds, etc. All of this would lose enormously even if you move all of your savings into Bitcoin!

If being "mainstream with government approval" were such a good thing, there would be no need of any cryptocoin.

I get the sentiment behind your post, OP. The doomsday prepper goldbug antisemites infesting crypto can go suck a fat one in my pretend humble opinion.

spiderbrain's got a point as well though: don't confuse preparing for crisis with wishing for crisis.

Maybe the two ideas are difficult to separate entirely, but you can pretty clearly tell who falls into which camp, even by a cursory glance into this thread.

well bitcoin must sucks money from something else, the value increase because many are dumping fiat for bitcoin, this mean that fiat is declining everytime we have a bitoin increase, the depreciation is very small now

you will not notice it, but with a greater marketcap(say in the range of trillions), it will be more evident...but they can always print more fiat, which will only feed bitcoin in the remote case it will be accepted widely, so substantially the governments will feeds bitcoin via printing, it will be fun...

You're forgetting that Bitcoin and it's healthy economy can really shine only if worldwide fiat fraud is demasked in the eyes of regular population, and if it starts shrinking. It's like healthy tissue is eating the cancer of our society and it's sad and hard for majority of population but it seems like financial collapse is needed so we can live better finally... Or maybe, revolution will be slow and last 100 years.

It already did collapse, just takes a while to sink after hitting the iceberg.

I don't hope for difficult times, I just think that it is likely to happen soon (many red flags everywhere lately). Better save some bitcoins aside.

a society led by k-selected individuals is ideal, but we have so many r-folks and single mothers with 8 year old kids who will have a very difficult time in the transition period

Wow, r/K selection theory on bitcointalk.

I got involved in bitcoin because I believed it has the capability to make the world a more free and fair place. That makes it psychologically easy to hold indefinitely.

i'm not sure an economic disaster will raise the price

Thanks, nice post! I'm not hoping for things, just trying to tell which way the wind is blowing and planning accordingly. More specifically:

Yup, maybe. I have a FAZ hedge for that.

I don't want it to be restricted, but that seems to be the dominant use driving the price at the moment. It's certainly not suited to ubiquitous micro-payments in its current form.

Indeed. I'm not actually that concerned about the price, I'm just more relaxed about money since owning bitcoin, especially since the global banking system has been bankrupt since 2008, if not long before. Since we're talking about "hope", I do hope that open source money helps the world economy start to actually recover, rather than just looking like it's growing through governments rapidly printing money and pumping up the share price of failed businesses. But hope is cheap

During periods of hyperinflation money actually flows to assets and goods which keep their value, so demand for bitcoin would probably go up and it's value relative to assets would probably rise quite a bit. I guess we'll find out at some point whether this actually happens or not. I also have a hedge of growing vegetables, which aren't particularly influenced by markets. Hopefully I can offer my neighbours tasty soup.

I this a paraphrased quote from the book of revelations?

Yeah, look at all those billionaire bankers getting lynched! Or, sorry, no, they're just fine.

Yup, people actually longing for disaster to profit should really just get a job at Goldman Sachs and do it professionally. Planning for the inevitable is fair, though, eh?

I hope you have a love evening, sir!