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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 15062. (Read 26713602 times)

full member
Activity: 266
Merit: 222
Deb Rah Von Doom
I cant bury bitcoins under a pyramid for tens of thousands of years til my immortal soul reincarnates as pharoah. There wont even be a bitcoin. I need gold for my pyramid scheme.
legendary
Activity: 2744
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BTC + Crossfit, living life.
Breaking 24777$ prediction game      FINAL LIST       

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UPDATE     AND GOOD LUCK
STT
legendary
Activity: 4102
Merit: 1454
Who is Exter and why did he build a pyramid?


This is going to blow your mind but Exter was on the board of the Federal reserve .    Before the gold standard fell and the system fell into the dark side the ironic thing was that the Federal reserve underlined how solid value under pins more speculative ventures.

Not that there is anything wrong with risk, various debt, bonds and the whole spectrum of variable quality papers of value being exchanged.  The Exters triangle just outlines how the most stretched unclear values ultimately rely on far more boring things as gold.

Thats why its clear gold and bitcoin are not interchangable.  Bitcoin could be great, might keep on growing but its transactional not a fixed asset and clearly its value is highly changeable.    Its foolish to keep all value in 1 asset type, gold is inert and not massively useful but it does function as money for thousands of years now.   I dont disagree with silver or even copper and many other alternatives but they all tend to be more industrial which comes back to flucuation of supply and demand and variable value.   Gold on the other hand doesnt ever change and roughly is supplied in line with population growth, its far more steady in value then most.   Something like 1% is rational allocation, if people cant hold that much they are either not especially wealthy which is fine and normal even or they are not rational in risk avoidance.  Gambling is a common past time but not the good gamblers cash out profits at day end

hero member
Activity: 1008
Merit: 505
and they say buy gold, so fun
legendary
Activity: 1652
Merit: 4393
Be a bank
legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Is that the sign of the Iluminati on top?
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
2 more slippery cunts revealing their scammy designs on your bitcoin.

Since when is anything bitcoin related NOT a scam.
legendary
Activity: 1652
Merit: 4393
Be a bank
 Simon Dixon Retweeted
BnkToTheFuture
‏ @BankToTheFuture
2h2 hours ago
Make sure you have your fully verified account ready to participate. Pre-Sale starts Tuesday 16th 3PM GMT http://bnktothefuture.com/bf-token

@BitfuryGeorge
14h14 hours ago
How we will be helping:
- Launch of Emercoin Fund to attract even more developers & coders
- Building a Vibrant Community
- Marketing and Communications
- Providing additional security by merge-mining on Bitcoin
- Listing on Global Exchanges
- Global Projects & Partnerships

2 more slippery cunts revealing their scammy designs on your bitcoin.
hero member
Activity: 784
Merit: 512
They have an alternate scenario for debt... they'll say the current system is problematic and needs a "reset". During this "reset", a large portion of the debt will get erased, as long as citizens and  countries accept a new global monetary system... the new monetary system will be a totally electronic one (centralized) so that everyone gets under a system of total surveillance and control, where cash doesn't even exist.

That scheme already failed and is obviously NOT going to happen.  China and Russia refused to go along with it.  You do know after Bretton Woods they had international agreements that individual countries cannot go into the gold market and just buy it up in bulk or monetize metals, yet that's exactly what Russia and China have been doing.  Why do you think Russia is demonized?  After 2008, the Russians and Chinese took off sprinting away from Bretton Woods and gave them the middle finger.

They are not buying up all those metals for no reason.  Why do you think Trump constantly makes references to Andrew Jackson?  Why do you think Trump's twitter says not once, but NUMEROUS times:



The Wolfowitz doctrine was a total failure (which is good) and you now live in a multi-polar world.

Who is Exter and why did he build a pyramid?
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
They have an alternate scenario for debt... they'll say the current system is problematic and needs a "reset". During this "reset", a large portion of the debt will get erased, as long as citizens and  countries accept a new global monetary system... the new monetary system will be a totally electronic one (centralized) so that everyone gets under a system of total surveillance and control, where cash doesn't even exist.

That scheme already failed and is obviously NOT going to happen.  China and Russia refused to go along with it.  You do know after Bretton Woods they had international agreements that individual countries cannot go into the gold market and just buy it up in bulk or monetize metals, yet that's exactly what Russia and China have been doing.  Why do you think Russia is demonized?  After 2008, the Russians and Chinese took off sprinting away from Bretton Woods and gave them the middle finger.

They are not buying up all those metals for no reason.  Why do you think Russia is currently showing off pictures of their gold and silver vault this week?  Why do you think Mnuchin recently held up a gold bar claiming Ft Knox has gold in it (when it really doesn't or much less than claimed).  Why do you think Trump constantly makes references to Andrew Jackson?  Why do you think Trump's twitter says not once, but NUMEROUS times:



The Wolfowitz doctrine was a total failure (which is good) and you now live in a multi-polar world.  Some of the evil Jewish banker sect of the US govt insists on trying to continue with their global, cashless society slave system, but it would require a nuclear war to pull off with everyone on the planet dying in the process.  You can take it to the bank 100% metals are going to be revalued so that current debts can be transferred to a new system.  

Debt forgiveness is far more problematic to pull off and even less wanted by the banking powers, and can also lead to collapse of civilization in the process.  Metals revaluation is the most safe way to keep civilization functioning without risking instantly going into a new dark ages when the debt bubble collapses.
legendary
Activity: 1652
Merit: 4393
Be a bank
Urgent patch required this is not a drill.
Multiple vulnerabilities have been found in global financial, social and governance systems.
Many exploits already found in the wild. Loss of sovereignty abounds, soi-disant nation states have been noticed, some claiming to have 'their own' money. 'Democracy' and other socialist tendencies are rife amongst the poor.
Download here: http://thebitcoin.foundation/trb-howto.html
legendary
Activity: 1708
Merit: 1049
AlexGR, you don't seem to understand the fact that paper money, especially fiats issued as debt, always implode and then people enter the vaults to square up the existing debts and claims vs a new peg.  You either balance the existing debts and claims vs a new peg, or anyone that bought a $500,000 house and paid with a NINJA loan and still owes $499,999 gets a free house.  

If you think about it, it's similar to buying some silver, reselling it a bit later and getting a free house Cheesy

Quote
Without balancing the existing debts and claims vs metals as the new peg, and thus vastly inflating the price of the metals, you would also have complete disintegration of most nations into some type of 500 BC lawless plunder and shooting because there is no consensus on who owns what, etc etc.  It doesn't matter if you think some people will make too much money by holding metals or whatever, it will happen because it's the only possible thing that can happen.

They have an alternate scenario for debt... they'll say the current system is problematic and needs a "reset". During this "reset", a large portion of the debt will get erased, as long as citizens and  countries accept a new global monetary system... the new monetary system will be a totally electronic one (centralized) so that everyone gets under a system of total surveillance and control, where cash doesn't even exist. If you did as much as getting a parking ticket, or if they have a suspicion of you doing something weird, they'll be able to just turn off your unique id that allows you to make txs, as a punishment. You won't even be able to buy food if you don't comply to any government authority. That's the way individuals will lose their freedom. And countries will lose their own by surrendering their right to print money to a centralized global "issuer" that "promises" to be "responsible" with the monetary policy - which in turn will require tight fiscal policies from all the countries that "owe" (a fraction of their old debt - which will still be unserviceable). And all these policies will also "require" control on alternate payment means (PMs, crypto, etc) so as to ensure the chances of survival for the new system.

The problem of a full-blown electronic system (mainstream) is that it creates a gatekeeper for money flowing into and out of PMs (and crypto). We are seeing "hints" of this when credit cards, paypal, banks etc etc, prevent money flowing in or out of crypto. Now this could go to a situation of total control or even legal penalization if one attempts it under the new global electronic currency.

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The numbers I stated were only a 20-40x for silver.  You seem to make believe that's an illogical and huge amount when people just bought bitcoins for $1 each and then resold them for a +20,000x a few years later.  The only difference is, it's a hell of a lot safer going all-in on silver than btc.

No I don't think it's illogical, actually (real-)inflation adjusted for the 50$ price in the 80's, a similar peak today should be at least 300$. And that doesn't even require settlements through PMs - just a similar spike under "normal" conditions. I just don't think it's likely without some anomaly.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
We're never going to buy into your silver talk because we're all vampires!
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
It's not impossible to move 600 or so 100oz silver bars, but it's very inconvenient. Even if you dig a hole in a ground, someone might see you. Or government will take your land via eminent domain. Or something Venezuela-level happens nationwide, and your better leave the country asap. Crossing the border with 600 of 100oz silver bars would be impossible, even if you lift a lot.

The weight is irrelevant.  Like I said, it's like complaining someone is willing to sell you brand new cars for $1 then complaining you have no place to store them or that you're having a hard time trying to bench press the car. Silver is a highly leveraged play on gold without being required to have the exchange counter party risk.  It's the same thing as saying "I would never purchase 1 ton of gold for $100 an ounce because there's just no way i could move it all".  If you want to maximize profits you will figure out how to make those noodle arms function.

I forgot to mention the fact that most people attempting to buy large amounts of silver fail to be able to source it in the first place a lot of times (Eric Sprott type of people).  A lot of these dealers will only have something like this as their entire stock of silver eagles.  It's only a $40 billion market cap as opposed to bitcoin's $230 billion, so any random guy that shows up wanting to buy a million dollars worth might be the final straw the breaks the camel's back, or sends premiums from $1-2 to $5+ with 3 month waiting lists:

legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
I am giving you the benefit of the doubt to be the same roach as previously and also giving you the benefit of the doubt that while you had the account "roach" that even during that time, you had not sold that other account




And, follow the advices of Roachie poachie.


He will help you to better understand bitcoin and any other supposedly relevant and important topics.   Roll Eyes
sr. member
Activity: 924
Merit: 311
#TheGoyimKnow
I am giving you the benefit of the doubt to be the same roach as previously and also giving you the benefit of the doubt that while you had the account "roach" that even during that time, you had not sold that other account

legendary
Activity: 1442
Merit: 1018
Bitcoin Atom futures are up around $1300, I'm sure it's just because it's the futures market with little volume on a dodgy exchange. But, does anyone here know if Bitcoin Atom is any better than any of the other forks? and would it justify a higher price?

What is Bitcoin Atom?

One of the latest flavor-of-the-week BTC forks.
legendary
Activity: 2050
Merit: 1184
Never selling
Bitcoin Atom futures are up around $1300, I'm sure it's just because it's the futures market with little volume on a dodgy exchange. But, does anyone here know if Bitcoin Atom is any better than any of the other forks? and would it justify a higher price?

What is Bitcoin Atom?

Its just another fork. That's all I know.
legendary
Activity: 2156
Merit: 1070
Bitcoin Atom futures are up around $1300, I'm sure it's just because it's the futures market with little volume on a dodgy exchange. But, does anyone here know if Bitcoin Atom is any better than any of the other forks? and would it justify a higher price?

What is Bitcoin Atom?
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