Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 8994. (Read 26629676 times)

I bet very few others of us here could answer those questions as well as him, but I ain't handing out no hundred dollars australian to find out.
edi tcanadian, w/e
wait edit 140 dollars goddam

Obviously, your actions unequivocally demonstrate that you are not.

Just like Roach's actions unequivocally demonstrate that he does not understand store of value.


Oh gawd........    ... you have some kind of certification, you must be really NOT a bitcoin expert if you have something like that.  

 



Wow.. the irony, hilariousness and ridiculousness of truth frequently trumps fiction.

Great find, V8.

This is why I'm in HODL mode, that way I always know if/when/how I play it wrong and get screwed..at least it is always from the same spot...HODL Mode...

(Bitcoin: Love me long time?)

Brad

There is no arguing your way out of the fact that deflationary monetary instruments always lose in terms of market share or things like Gresham's law would not exist.  And besides the fact that nobody wants to hold depreciating assets, so they utilize them more, it's also because deflationary instruments don't work well in lending, inventory holding, or numerous other areas. 

If you think about it, it makes sense.  If you're in the inventory stockpiling business and have a bunch of chairs in inventory that are non-perishable goods, the value of your goods is technically depreciating over time in a deflationary monetary system, which is absurd.  Non-perishable consumer goods that are not being made obsolete in some manner should never be decreasing in value for no reason.  In other words, inflationary monetary systems puts the ball in the court of people who actually hold the things of value, while deflationary systems put the ball in the court of predatory moneychangers that believe the act of simply holding some type of instrument should make everyone else their slave.

I don't see the problem you've described. Rick already buys things that are doomed to get cheaper, especially if it's electrical engineering...
What prevents Rick from buying jewelry that will only cost more over time? He can buy two rings that can now be exchanged for a kilo of sugar. After a year, these 2 rings will give less deflationary money, but they can be exchanged for one and a half kilograms of sugar conditionally.

https://dailystormer.name/zionist-maniac-dan-crenshaw-gets-into-twitter-spat-with-paul-joseph-watson/

Hmm, mine isn't on there either (yet?).
But it's brand new (and original xhxX)  

LFC bitcoin   you merited roach...your dead to me


Don't feel the trolls they said....

Again, you can have inflation without a central bank, so you can't just use a blanket statement saying all inflation is 'evil'.  In fact, deflationary monetary instruments are inherently WORSE than inflationary ones in a real free market.  Why?  Try the example I already gave a long time ago using the TV show "Pawn Stars".  If this Rick guy at his pawn shop buys things from customers and has to sit on them for several years to sell them, he's profiting if he purchased the items with an inflationary currency, and he's losing money the entire time if he bought them with a deflationary currency.  This is why Gresham's law exists.

Doing business with a deflationary currency is objectively worse than with an inflationary one.  If he actually wanted to stay in business, it would require this Rick guy to do more work and have to estimate a time span for how long each item would take to sell, then break out a calculator and calculate things like compound interest, then low ball a bid based on that time span and interest rates.  He has to do none of that with an inflationary currency.  The deflationary currency just introduces more variables, more unknowns, and more bankrupting black swans for a business if their estimate was not correct.

The ideal form of money is obviously neither deflationary or inflationary, but that option isn't too practical in reality, so Gresham's law and what I talked about above makes deflationary money automatically lose.  The only reason I don't see this as a negative for silver - as it's currently deflationary as opposed to inflationary like gold - is that once the price of silver skyrockets from manipulation imploding it will make recycling feasible and no longer deflationary.

Inflation is a consequence of the debt economy, the debt economy is evil, although there are certainly pluses in it too!

There's nothing inherently bad about 'inflation'.  Both inflation and deflation have their pros and cons.  He's conflating two different arguments.  Getting rid of the Jewish central bank doesn't mean inflation and deflation go away and you live in a steady-state universe.  Silver, for instance, is deflationary because the current, artificially rigged price point isn't high enough to warrant recycling.  The supply is like 1/4th of what it was since 1980, while gold is inflationary and the supply has doubled.  As seen by the ludicrous GSR, the rigged market has not yet priced that dynamic in.

Hello, WO`s brothers!! 
I see that I missed a lot of things... 
How long has this service been available? (https://wohats.blogspot.com/)

Who is 'they'?


In point of fact, this claim was publicly surfaced back around the time of the Andrew O'Hagan piece.

DO try to keep up.

I should like to subscribe to your newsletter sir.

https://cryptoconsortium.org/certifications/cbp/

I don't think I ever proclaimed myself a "bitcoin expert". At least here or other area where the Bitcoin-knowledgable assemble. Care to link to proof of your assertion?

On the other hand, the CryptoCurrency Certification Consortium has deemed me a Certified Bitcoin Professional.

!Bitcoin fixes this!

trust is s00 human.