Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 25444. (Read 26608454 times)

they only care about their term in power....(terms)

(because= crony circle jerk)

but where would they get all the cheap labour? I mean Canada is rife with contract work...such and ugly way of getting out of paying benefits to workers.

 I imagine a society like a pyramid...how can you constantly short change the bottom bricks and not expect them to crumble oh wait the top of the pyramid has parachutes who cares :S

No, the rich knew what they were doing and managed to sell all their companies for 100 cents on the dollar. They forced through emergency legislation.

Goldmann Sux sold bad loans to investors made up of public sector industry's retirement funds whilst betting against them in the derivatives market.

Only thing is they put so much money on the right horse that it broke the horse's back.

AIG - USA's largest insurance company went bust.

But who footed the bill for that?

America's citizens.

This same idea repeats itself in every failed financial institution. It's always the same: the bottom of society picks up the tab whenever the wealthy make mistakes.

Watch inside job on youtube. It's brilliant.

i know the government is propping up the markets so everyone feels rich...

but wouldn't everyone SCRAMBLE and make shit happen if they felt poor and wanted to be rich again

i think they made a big mistake.... for some votes or something stupid like war and oil.

Adam I know we're playing this game right now just thought I'd confirm it.

My best understanding is they sold, did a lil hodl, then bought a shit tonne of undervalued assets. Probably most heavily in real estate and commodities.

I mean I know people who bought real estate in the U.S ( I'm Canadian ) because it was so ripe for the picking ...if you had cash

they sold on the peak and the bagholders payed double

but how?
isn't it the rich people the ones with investments in the stock market?

the rich got richer... sadly

what happened in 2008?




 

Thanks for sharing the above opinion ( Empowering's economic outlook ) . We're ultimately like the kid watching a horror film covering his eyes with his hand with a big enough gap to see some of the scary part, we saw the fright that awaits us back in 2008 and all we did was keep the hands up but closed the finger gap a little tighter. This in my opinion is just due to the lack of analytical thinking that the majority of society takes part in. Lot's of people are all hopped on the "Hollywoodism" and IMO financial crises don't hit the hollywoodism attention levels till it is literally too late to do anything about whats been happening. I just hope again tax payers don't foot the bill to bail out/in these reckless governments and financial systems. The idea we believe things are too big to fail is scary, perhaps you shouldn't allow something to become so big that if it fails you could destroy an entire nations economy at the least if not the global economy ... hows that for an idea on regulation.

Explanation

you should make a new thread...

"Why bitcoin will do well when the stock market world markets crash."
" markets going to crash? is bitcoin a hedge? "
or somthing.

dude... I thought my inference was obvious from the get go in the initial post I did not think you needed it explained out to be honest... but you did ask 

No no, empowering, thanks for bringing all these problems I've never considered before to my attention.  National debt out of control, you say?  Whould'a thunked?  And the underlying base of our monetary system, it's flawed you say?  That certainly gives me plenty to think about.

So TL:DR is "Buy Bitcoin nao"?

of course my guru I respectively look towards your greatness for the answers to these woes... also I know a few other people that might need your number... 

Whoa!  So many depressing cliches packed into a single line of text.  Economy of language

Something has got to give... the music has got to stop at somepoint, infinite bond market bull mode and high yields are unsustainable.

I mean that QE stimulus buying of the bonds and propping up the demand is keeping the price of the bonds up and stimulating demand, but is also keeping the yield low.

I mean that they are effectively borrowing from peter to pay paul.

I mean that the current situation is not sustainable in its current state, not in the US,  not in Japan, UK, Canada, not in Eurozone at large but especially Portugal, Italy, France, Spain, Greece, and also as it goes not in China it seems either.

I mean that propping up the markets and the bond markets cannot go on forever.

 However I also mean removing the stimulus will increase the supply of bonds on the open market, and due to less buying at real levels, and increased supply there will be less demand and the prices will fall, which will  lead to the yields on the treasuires having to increase to entice demand, and they can only go so high for so long and be "sustainable" for a government, once you get over 7% you are on rocky ground. Conversley the higher the demand for the bond on the open market, the higher the price of the bond, and the lower the effective yield is.

 I also mean that low interest rate cheap easy money cannot go on for ever, and weaning the system off of this meddling will have consequences.

I mean that the debt is out of control, and "printing" out of it has never worked out that well for any country.

I mean that the underlying base of our monetary system is flawed.

I mean that as is the nature of the beast there are cycles, and we are due a down cycle, and I do not think the piper has yet been paid for the past 20 years worth of recklessness.

I mean that eventually the music always stops, as it always does, and people rush to perceived safety...there is a risk people see US bonds (Jpy Bonds etc) are more risky than in the past (safer than many things still though, for now at least) there is a risk that they are just less attractive to investors.

I mean that investors and nations might already be holding too much US denominated debt...and be having their own problems.

I mean we are not alone on this world and our economies are all interlinked, and that the games being played which are systemic, will have systemic consequences when it goes wrong.

I mean that a nation will eventually if they keep playing this game without addressing the underlying problems, default, when there is not enough money to take from peter to give to paul. (maybe that is the whole idea)

I mean that things go wrong (or maybe even right as the case may prove to be)

I mean that perpetual debt growth in the manner we have seen in the west in the past 20-30 years is insane.

I mean that confidence in the current system is in question.  

I mean we are being played like violins...

I mean that these games invariably lead to consequences for the average joe, no matter how they pan out, be it crash or contraction.

I mean that either the problems need to be addressed, and therefore some has given, or the consequences will have to be paid, which will also mean something has given, or they need to change all of the rules...and the system itself which again means something has given.

I mean there will need to be changes... because the situation cannot carry on in this manner, and there will likely be some pain no matter how it goes down.

I mean there is time and there is timing... but there is also kicking the can down the road, in the face of total uncertainty on how to resolve the issues at hand... they are not in a hurry, and therefore are likely to not do anything that soon.. meanwhile people and other countires grow impatient and have designs of their own. Maybe forced evolution will be the answer.

I mean..  

The universe is racing towards heat death.


 

Explanation

You want the whole Bitcoin economy to drop another 20% just so you can buy 3 more coins a few bucks cheaper? You have to be kidding me. Nobody can be that greedy/stupid.

And yet it's totally insignificant in the grand scheme of things. Buying at $340 vs $390 will have very small effects on your average buy in price.

So 1000x from now, you have $40m USD if you get your last buy in at $340, or $39m at $390.

Presumably your proposed buy is at least 10% of your your total Bitcoins that you own now.

So you are saying 'I'm trading $4m USD of guaranteed gains for a slim chance at $5m USD gains'

Tell me how that isn't stupid, and clearly bullshit.

These numbers are not spot on for the hypothesized info I gave, bit they're fairly close.