Author Topic: Bitcoins - about to hit $5,000 per coin today!  (Read 1189242 times)

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3375 on: August 10, 2020, 12:27:39 PM »
so you think we should have higher interest rates now?

Yes, slowly adjusted higher over a long period of time.  There would be some pain initially, but it would eventually pass.  They don't want to do that though.  These days the Fed comes to the rescue every time the market has a hiccup.  This only makes everything worse over the long term.  They never let natural market forces come into play.  They've been able to delay it for many years, but when the market eventually does break, it's going to be a huge. 

Fed Chairman Volker did the right thing in the late 70's by raising the interest rates.  By the early 80's things were getting better and the market did very well.  Then we had 1987 crash, the LTCM crisis hit, then the tech bubble.  Banksters simply cannot abide by the rules, they get greedy, then something bad happens.  Then once things are fucked up, they get bailouts.  Notice how they always privatize their gains and socialize their losses.  The moral hazard is much worse now than it's ever been before. 

The last 10 years of market gains have been fake... all caused by Fed pumping trillions and trillions into the system.  Quadrillions are next.  Look out below.

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3376 on: August 11, 2020, 08:35:49 PM »
WTF are you talking about?   Some rebuttal - lol   Total waste of my time going back and forth with you. 

One more time... read it a few times if you need to: 

Food, energy, rent, tuition, cars, basic goods, necessities and services all sky high compared to 20 years ago.  Practically ZERO interest rates on cash in the bank.

Just because you bought a bucket at the dollar shop and put some pieces of silver in it, doesn't make you suddenly an intellectual wrecking ball. The very act of you bragging about keeping your silver in a bucket backs me up on that.

The Consumer price inflation is the metric that measures those very things you are arguing are 'sky high'. That is generally an annual consumer inflation rate of 1%-2%. They get that from tracking hundreds of consumer market prices, the very things you continue to argue are sky high and causing people hardship.

Look, you have yourself massively confused and you are all backwards and inside out. Property has caused hardship done via the deb mechanism the monetary system uses. People do not start off struggling to afford food, services and all the nice extras. Case in point, look at millennials who are spending like sailors on fun and nice materials things.   People struggle to buy a property. They buy one anyone and as a result they then struggle to afford cars, consumer items, holidays etc.

The GFC was a credit crisis. They even called it the credit crisis. It was triggered off by surpassing the realistic debt ceiling that defaulted and caused an unwinding of debt resulting liquidity crisis as deflation set in. It wasn't call the 'bread is to expensive' crisis.

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3377 on: August 11, 2020, 10:45:42 PM »
arguing for or against the gold standard is a complex issue, but I think, generally speaking, it would be better if the value of a dollar was fixed to a certain amount of gold. Then the central banks could not print money like crazy and we would have to solve financial crises in other ways, perhaps better ways.

Sure, it could be used somewhat of a deterrent to print currency but given central banks do not allow independent audits of their physical holdings, i'm not so convinced they would be squeaky clean.

Regulatory bodies for banks and funds need to play a bigger part for debt and liquidity. Preventing spastic from going full spastic will do a lot.

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3378 on: August 12, 2020, 03:39:50 AM »
Just because you bought a bucket at the dollar shop and put some pieces of silver in it, doesn't make you suddenly an intellectual wrecking ball. The very act of you bragging about keeping your silver in a bucket backs me up on that.

The Consumer price inflation is the metric that measures those very things you are arguing are 'sky high'. That is generally an annual consumer inflation rate of 1%-2%. They get that from tracking hundreds of consumer market prices, the very things you continue to argue are sky high and causing people hardship.

Look, you have yourself massively confused and you are all backwards and inside out. Property has caused hardship done via the deb mechanism the monetary system uses. People do not start off struggling to afford food, services and all the nice extras. Case in point, look at millennials who are spending like sailors on fun and nice materials things.   People struggle to buy a property. They buy one anyone and as a result they then struggle to afford cars, consumer items, holidays etc.

The GFC was a credit crisis. They even called it the credit crisis. It was triggered off by surpassing the realistic debt ceiling that defaulted and caused an unwinding of debt resulting liquidity crisis as deflation set in. It wasn't call the 'bread is to expensive' crisis.

Nice try, but you still haven't addressed the root causes.  You're merely parroting the MSM or articles you read in the Economist... all claptrap. 

This is nonsense they teach ppl who take "economics" in college.  The ivory tower doesn't teach Austrian economics, only Keynesian.  When they come out of school, they are totally brainwashed and are primed for jobs in government, politics or CNBC - lol

Read it again...
Food, energy, rent, tuition, cars, basic goods, necessities and services all sky high compared to 20 years ago.  Practically ZERO interest rates on cash in the bank.  Social security is not properly adjusted over time to match the true inflation rate.

By the way... the silver is overflowing those buckets.. . I'll guess I'll have to go back to the dollar store and get more.  You forgot to mention all my ammo   ;D 8) 

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3379 on: August 12, 2020, 05:44:23 AM »
Nice try, but you still haven't addressed the root causes.  You're merely parroting the MSM or articles you read in the Economist... all claptrap. 

This is nonsense they teach ppl who take "economics" in college.  The ivory tower doesn't teach Austrian economics, only Keynesian.  When they come out of school, they are totally brainwashed and are primed for jobs in government, politics or CNBC - lol

Read it again...
Food, energy, rent, tuition, cars, basic goods, necessities and services all sky high compared to 20 years ago.  Practically ZERO interest rates on cash in the bank.  Social security is not properly adjusted over time to match the true inflation rate.

By the way... the silver is overflowing those buckets.. . I'll guess I'll have to go back to the dollar store and get more.  You forgot to mention all my ammo   ;D 8)

Ok no prob if that's how you want to see it.

I was in the silver play duing 2011. Back when it hit $47 and then crashed (i got in at 15, out at 41). Nearly a decade later it's $25..... gold hit 1900 in 2011 and today almost a decade later it's 1900......   the very thing that is used to hedge against currency deflation (and CPI) is valued the same today as in 2011. .... the US just printed trillions.... ... yet gold isn't worth more than in 2011.

Ammo is probably wise in the US right now.

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3380 on: August 12, 2020, 05:46:22 AM »
Ok no prob if that's how you want to see it.

I was in the silver play duing 2011. Back when it hit $47 and then crashed (i got in at 15, out at 41). Nearly a decade later it's $25..... gold hit 1900 in 2011 and today almost a decade later it's 1900......   the very thing that is used to hedge against currency deflation (and CPI) is valued the same today as in 2011. .... the US just printed trillions.... ... yet gold isn't worth more than in 2011.

Ammo is probably wise in the US right now.

Patience my son.

Now take the stock market gains over the past 120 years and adjust them for inflation. 

Now do the same for gold.

Gold wins.  ;D

Yeah, I have gold too.  I routinely dump it all on my bed and roll in it.  Just like Scrooge Mc Duck.

It's epic!


obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3381 on: October 22, 2020, 07:49:13 AM »
Bitcoin is now over $12,800 and Ethereum over $400.

Anabolic where are you?!

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3382 on: October 22, 2020, 07:52:54 AM »
Bitcoin is now over $12,800 and Ethereum over $400.

Anabolic where are you?!

Right on cue.  I was waiting for some bliptard bozo to reactive this thread.

Bliptards get all excited on the pump, but then disappear after the dump.

Silver has doubled since you last posted... where were you? 

obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3383 on: October 22, 2020, 08:03:08 AM »
Right on cue.  I was waiting for some bliptard bozo to reactive this thread.

Silver has doubled since you last posted... where were you?
WOW that was fast lol!

I have silver coins.

The price of Silver was over $18 per ounce at the beginning of 2020. Now it is 24.50
24.50 / 18.20 = 1.34

Bitcoin was around $7,200 and now it is at over $12,900.  12900 / 7200 = 1.79

Ethereum was around $129 and now it is at over $413. 413 / 129 = 3.20!

Ethereum is up 320 % for the year and Silver is up 134%!

LMAO!

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3384 on: October 22, 2020, 08:08:46 AM »
WOW that was fast lol!

I have silver coins.

The price of Silver was over $18 per ounce at the beginning of 2020. Now it is 24.50
24.50 / 18.20 = 1.34


Depends where you bought. 

I bought that huge dip in March when it hit $12.  I took $100K of trading profits (from shorting the CONvid scare) and turned it into 90% pre-65 coins.  I got them before they raised the premiums too.

Again... where were you?

You're small potatoes taking a huge victory lap.

LMAO!

obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3385 on: October 22, 2020, 08:51:44 AM »
Depends where you bought. 

I bought that huge dip in March when it hit $12.  I took $100K of trading profits (from shorting the CONvid scare) and turned it into 90% pre-65 coins.  I got them before they raised the premiums too.

Again... where were you?

You're small potatoes taking a huge victory lap.

LMAO!
I bought silver back in 2008 when it was $15 per ounce. So in 2020 it dipped to $12 and now it is at $24.50. Big whoop that sounds like a mediocre investment which it is.

You're not making a good case here LMAO!

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3386 on: October 22, 2020, 10:17:50 AM »
I bought silver back in 2008 when it was $15 per ounce. So in 2020 it dipped to $12 and now it is at $24.50. Big whoop that sounds like a mediocre investment which it is.

You're not making a good case here LMAO!

Mediocre investment?... that $100K is now $200K.  I hope it goes down again so I can buy more on the cheap.

Like I predicted many many pages ago in this thread "Fedcoin" is coming.  When it does, all cryptos including blipcoins will be most likely be deemed illegal, so you better cash out now while you still can.

Lastly, I don't have to "make a case"... like I said, you're small potatoes. 

obsidian

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3387 on: October 25, 2020, 12:43:58 AM »
Mediocre investment?... that $100K is now $200K.  I hope it goes down again so I can buy more on the cheap.

Like I predicted many many pages ago in this thread "Fedcoin" is coming.  When it does, all cryptos including blipcoins will be most likely be deemed illegal, so you better cash out now while you still can.

Lastly, I don't have to "make a case"... like I said, you're small potatoes.
You could have made more profits with Ethereum. It's up over 300% this year.

Regarding gold and silver:

https://www.huffpost.com/entry/when-owning-gold-was-ille_b_10708196?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAAEYpSg0u2Pd0SpsuDUxSVgFcIg7U4cBNL6OVKLg7eKQhch0Uk9gl9lv5RqbUSJKV-ksndxTWonB8az7rsYFN_v07WlJ2pjNwoBbjFLu1JlTLK9l0t-txcYRenjxkLScRpJ_5XxNe-r3XuSRJ9UEanyZro9mUDKUkfH2RQsvxnEcj

FDR Outlaws Gold

One of FDR’s first acts as president, therefore, was to declare the fact that Americans were withdrawing their gold and currency from the beleaguered banking system “a national emergency.” He ordered all banks to close from March 6-9 “in order to prevent the export, hoarding, or earmarking of gold or silver coin or bullion or currency.” 

Because he believed this action was not sufficient to prevent runs on banks and the resulting drain of gold from the system, on April 5, 1933, one month after taking office, Roosevelt used the powers granted to the president by the Trading with the Enemy Act of 1917 to make gold ownership illegal. He issued Executive Order 6102, which made gold ownership—both in coins and in bars—illegal for all Americans and punishable by up to ten years in prison. Anyone caught with gold would also have to pay a fine of twice the amount of gold that was not turned over to the Federal Reserve in exchange for paper money.

Methyl m1ke

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3388 on: October 25, 2020, 12:54:23 AM »
arguing for or against the gold standard is a complex issue, but I think, generally speaking, it would be better if the value of a dollar was fixed to a certain amount of gold. Then the central banks could not print money like crazy and we would have to solve financial crises in other ways, perhaps better ways.

Moving away from the gold standard produced the luxurious country as you enjoy it today. Well that and fractional lending.

FitnessFrenzy

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3389 on: October 25, 2020, 01:18:39 AM »
I wonder who now owns the bitcoins Goodrum had.

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3390 on: October 25, 2020, 03:04:07 AM »
Like I predicted many many pages ago in this thread "Fedcoin" is coming.  When it does, all cryptos including blipcoins will be most likely be deemed illegal, so you better cash out now while you still can.

First the Buzz Aldrin clip you posted and now this doozy, today is just not your day lol.

The Fed digital dollar is no different to the US dollars you have in your bank account today. What they are trying to do is come up with a process where they can create currency immediately and deposit directly into people's bank accounts vs today whrre they purchase bonds to inject the currency.

The 'digital dollar' is not a crypto nor does it compete with cryptos. It is exactly the same as you have in your bank account today.

a_pupil

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3391 on: October 25, 2020, 03:12:51 AM »
I wonder who now owns the bitcoins Goodrum had.

VVV's vast assets are only the concern of him and the IRS

FitnessFrenzy

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3392 on: October 25, 2020, 03:35:02 AM »
VVV's vast assets are only the concern of him and the IRS


Vince G, CSN MFT

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3393 on: October 25, 2020, 07:58:23 AM »
Bitcoin is now over $12,800 and Ethereum over $400.

Anabolic where are you?!

Ethereum is fucking awesome.  I got those early in the game  along with Litecoin and it blew up.


I'm not sure why people think I just sold all my bitcoin for because I didnt.  I'm actively trading crypto along with other currency on the forex market.  I'm also bringing people into an organization I'm working with that is marketing v999 and g999 bitcoins.   You can go to http://www.ourmoneyisgold.info if you wanna know more about it.  But if you're not into bitcoin,  you're missing out
A

Humble Narcissist

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3394 on: October 25, 2020, 08:13:38 AM »
Ethereum is fucking awesome.  I got those early in the game  along with Litecoin and it blew up.


I'm not sure why people think I just sold all my bitcoin for because I didnt.  I'm actively trading crypto along with other currency on the forex market.  I'm also bringing people into an organization I'm working with that is marketing v999 and g999 bitcoins.   You can go to http://www.ourmoneyisgold.info if you wanna know more about it.  But if you're not into bitcoin,  you're missing out
Another one of your million dollar ventures.

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3395 on: October 25, 2020, 08:27:33 AM »
First the Buzz Aldrin clip you posted and now this doozy, today is just not your day lol.

The Fed digital dollar is no different to the US dollars you have in your bank account today. What they are trying to do is come up with a process where they can create currency immediately and deposit directly into people's bank accounts vs today whrre they purchase bonds to inject the currency.

The 'digital dollar' is not a crypto nor does it compete with cryptos. It is exactly the same as you have in your bank account today.

I posted the Aldrin clip because Marty C. referenced the video without posting it. 

It's "my day" everyday of the week   :-*  8)

By 2022 Fedcoin will be here, just like I said many times.  Cashless society is TPTB's goal. 

I routinely dump a few $1000FV bags of silver all over my bed and roll in it... Scrooge Mc Duck style.  The feeling is indescribable!   ;D

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3396 on: October 25, 2020, 08:30:43 AM »
You could have made more profits with Ethereum. It's up over 300% this year.

Regarding gold and silver:

https://www.huffpost.com/entry/when-owning-gold-was-ille_b_10708196?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuYmluZy5jb20v&guce_referrer_sig=AQAAAEYpSg0u2Pd0SpsuDUxSVgFcIg7U4cBNL6OVKLg7eKQhch0Uk9gl9lv5RqbUSJKV-ksndxTWonB8az7rsYFN_v07WlJ2pjNwoBbjFLu1JlTLK9l0t-txcYRenjxkLScRpJ_5XxNe-r3XuSRJ9UEanyZro9mUDKUkfH2RQsvxnEcj

FDR Outlaws Gold

One of FDR’s first acts as president, therefore, was to declare the fact that Americans were withdrawing their gold and currency from the beleaguered banking system “a national emergency.” He ordered all banks to close from March 6-9 “in order to prevent the export, hoarding, or earmarking of gold or silver coin or bullion or currency.” 

Because he believed this action was not sufficient to prevent runs on banks and the resulting drain of gold from the system, on April 5, 1933, one month after taking office, Roosevelt used the powers granted to the president by the Trading with the Enemy Act of 1917 to make gold ownership illegal. He issued Executive Order 6102, which made gold ownership—both in coins and in bars—illegal for all Americans and punishable by up to ten years in prison. Anyone caught with gold would also have to pay a fine of twice the amount of gold that was not turned over to the Federal Reserve in exchange for paper money.

Huffpost? - only brain dead libtards read that propaganda BS - lol

When Fedcoin becomes legal tender, blips and crypts will be gone so fast your head will spin.

Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3397 on: October 25, 2020, 02:20:59 PM »
By 2022 Fedcoin will be here, just like I said many times.  Cashless society is TPTB's goal. 

We are almost cashless now and consumers drove it there, not the govt. It just happens to be inline with what the govt wanted.


So in 2022 what happens?

Mr Anabolic

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3398 on: October 25, 2020, 05:15:52 PM »
We are almost cashless now and consumers drove it there, not the govt. It just happens to be inline with what the govt wanted.

So in 2022 what happens?

In 2022 your girl will be selling her ass on the street corner for silver coins.  Make sure she charges a 20% VAT for that service.

lol


Mayday

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Re: Bitcoins - about to hit $5,000 per coin today!
« Reply #3399 on: October 25, 2020, 07:12:21 PM »
In 2022 your girl will be selling her ass on the street corner for silver coins.  Make sure she charges a 20% VAT for that service.

lol

So you don't know how any of it is going to work.....  and by using your super human power of not knowing how any of it works, you predict it will crash everything in 15 months time.....

Bro.........