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Thread: Bitcoin Cracks $5000

  1. #1051
    Quote Originally Posted by devil21 View Post
    I do my best to not support ponzi schemes any more than I need to. Plus, playing in the bitcoin sandbox requires turning over every piece of personal info, maybe short of my blood type, to some practically untraceable exchange with a PO box address or empty store front address and no customer service. It's obvious that they gather such info so it can promptly be turned over to the IRS. I'd rather earn fiat as a man exercising some level of sovereignty and exchange it for an asset I can make use of, instead of hoping that the next time I want to access "my" assets, the exchange isn't experiencing "technical difficulties" or experienced a "hack". Isn't it remarkable how coinbase suddenly has technical difficulties when bitcoin experiences a 15-20% pull back in a matter of minutes? Finally, anything managed by an exchange or held in the "ether" isn't my asset any way. It's the same old legal mindscrew of "equitable interest", but not ownership of the fruits of my labor. Sorry, I just don't like it, I know way too much about its purpose as the introduction to digital "company scrip slave wage" and I don't care much for fiat currencies in the first place so pricing it in a hyperinflating fiat doesn't tickle my loins much.

    Besides, even if I ignored all of that, the price is way too stupidly high to get involved with now. I'd wait for the inevitable periodic 50+% crash that comes after these mania run-ups, which has repeated through bitcoin's entire existence.
    The “scheme” is us being forced to transact in fiat that robs one of power and value. If you can’t understand that then I doubt you’ll understand bitcoin’s appeal.

    Seems you’ve closed off your mind anyway if post #1045 and 1047 didn’t help you.

    This is a waste of time.



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  3. #1052
    Quote Originally Posted by The Northbreather View Post
    The “scheme” is us being forced to transact in fiat that robs one of power and value. If you can’t understand that then I doubt you’ll understand bitcoin’s appeal.

    Seems you’ve closed off your mind anyway if post #1045 and 1047 didn’t help you.

    This is a waste of time.
    @devil21 has legitimate reasons/concerns that I absolutely agree with.


    A few points to make:

    1. Bitcoin is in fact part of the "Great Reset".

    2. It is extremely volatile, where one can profit enormously, and/or fail miserably.

    3. To a degree, "you can't stop the change"; it may be inevitable that "digital" money (nothing but a software program), is the way of the future.

    4. This, combined with AI, will permanently bind individuals to the world-wide apparatus grid, where Individualism will no longer exist.


    The take away: Never put all of your eggs into one basket. Always diversify; brokerage accounts, IRA, Real Estate, Precious Metals, and Bitcoin if you can accept the risk. Get out of debt=slavery and determine what is best for you and your individual lifestyle.
    “The right to life is the source of all rights—and the right to property is their only implementation. Without property rights, no other rights are possible. Since man has to sustain his life by his own effort, the man who has no right to the product of his effort has no means to sustain his life. The man who produces while others dispose of his product, is a slave.”

    An Agorist Primer

  4. #1053
    .....and bitcoin has lost over $10,000 of fiat value in 2 days. It's a speculative play, that's it.

    Quote Originally Posted by The Northbreather View Post
    The “scheme” is us being forced to transact in fiat that robs one of power and value. If you can’t understand that then I doubt you’ll understand bitcoin’s appeal.

    Seems you’ve closed off your mind anyway if post #1045 and 1047 didn’t help you.

    This is a waste of time.
    Cryptos/bitcoin, and soon to be CBDC, is the nothing more than the next iteration of fiat plantation money, developed and rolled out by the usual suspects. This time it's even less private, even less real and even less constitutional. If you can't understand that then I doubt you'll understand why I don't like it. Having said that, I expect the CBDC will be declared gold backed, so I'd rather hold the asset that backs the new money substitute instead of some "competitor" crypto.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    But now you can't talk to people because of "social distancing"....brought to you by shills and politicians.

  5. #1054
    Quote Originally Posted by PAF View Post
    @devil21 has legitimate reasons/concerns that I absolutely agree with.


    A few points to make:

    1. Bitcoin is in fact part of the "Great Reset".

    2. It is extremely volatile, where one can profit enormously, and/or fail miserably.

    3. To a degree, "you can't stop the change"; it may be inevitable that "digital" money (nothing but a software program), is the way of the future.

    4. This, combined with AI, will permanently bind individuals to the world-wide apparatus grid, where Individualism will no longer exist.


    The take away: Never put all of your eggs into one basket. Always diversify; brokerage accounts, IRA, Real Estate, Precious Metals, and Bitcoin if you can accept the risk. Get out of debt=slavery and determine what is best for you and your individual lifestyle.
    Bitcoin could be a part of the great reset or maybe not. All the research I’ve done it in indicates that it was the culmination of decades of trying to create a counterfeit proof digital money.

    Of course diversification is the key everything in investing or saving. That said I can’t imagine any government pursuing a currency that politicians can’t counterfeit in concert with the men in charge.

    That said, it makes perfect logical sense that small businesses,large businesses banks and individuals would seek out a store of value that rises as governments inflate. I’m just is suspicious as you guys are of anything new but it seems obvious that this is the reason first and foremost for bitcoins popularly, rather than a scheme. The ease in trading it in gold adds to this case.

  6. #1055
    Quote Originally Posted by devil21 View Post
    .....and bitcoin has lost over $10,000 of fiat value in 2 days. It's a speculative play, that's it.



    Cryptos/bitcoin, and soon to be CBDC, is the nothing more than the next iteration of fiat plantation money, developed and rolled out by the usual suspects. This time it's even less private, even less real and even less constitutional. If you can't understand that then I doubt you'll understand why I don't like it. Having said that, I expect the CBDC will be declared gold backed, so I'd rather hold the asset that backs the new money substitute instead of some "competitor" crypto.

    Why would a state suddenly back a currency in gold? they could have done that for decades and have not.

    Plantation money is created at will by the plantation owners.

    The reason Bitcoin rises in price against other assets is because nobody does far has been able to counterfeit it. The moment that that happens the network loses all value.

    I agree that it’s transparency is a drawback, but it seems necessary currently. I’ve seen talk about updating the protocol to be more anonymous , It would be great if this happened right about now as many main stream institutions are holding a lot of it and that makes it more legitimate in the eyes of some.

    It would be amazing if they had planned to keep bitcoin transparent so that it would be better excepted at first and then somehow they made it more anonymous for the individual after it was excepted in main stream.

  7. #1056
    I'd get along with you coiners a lot better if you'd just admit that bitcoin is a banker invention, all the claims of "anonymity" and a "threat to the bankers" made over the years in this thread was complete bs, and that you don't really care about any of that. You only care about trying to profit in fiat from the bitcoin ponzi, since the dollar to whatever your crappy national fiat currency exchange rate is gives you an elevated standard of living in your country. I respect honesty, at least. Bull$#@! doesn't go very far with me and certainly doesn't help your case for "investing" in the ponzi.

    "excepted"....jeez at least get a grammarly plug-in so your ESL isn't so obvious.

    Why would a state suddenly back a currency in gold? they could have done that for decades and have not.
    Yeah that's crazy talk, never mind. Carry on.
    Last edited by devil21; 01-11-2021 at 11:11 PM.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    But now you can't talk to people because of "social distancing"....brought to you by shills and politicians.



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  9. #1057
    Quote Originally Posted by devil21 View Post
    .....and bitcoin has lost over $10,000 of fiat value in 2 days. It's a speculative play, that's it.
    Except it's more than half way back up to the all time high already..
    "He's talkin' to his gut like it's a person!!" -me
    "dumpster diving isn't professional." - angelatc
    "You don't need a medical degree to spot obvious bullshit, that's actually a separate skill." -Scott Adams
    "When you are divided, and angry, and controlled, you target those 'different' from you, not those responsible [controllers]" -Q

    "Each of us must choose which course of action we should take: education, conventional political action, or even peaceful civil disobedience to bring about necessary changes. But let it not be said that we did nothing." - Ron Paul

    "Paul said "the wave of the future" is a coalition of anti-authoritarian progressive Democrats and libertarian Republicans in Congress opposed to domestic surveillance, opposed to starting new wars and in favor of ending the so-called War on Drugs."

  10. #1058
    Quote Originally Posted by devil21 View Post
    I'd get along with you coiners a lot better if you'd just admit that bitcoin is a banker invention, all the claims of "anonymity" and a "threat to the bankers" made over the years in this thread was complete bs, and that you don't really care about any of that. You only care about trying to profit in fiat from the bitcoin ponzi, since the dollar to whatever your crappy national fiat currency exchange rate is gives you an elevated standard of living in your country. I respect honesty, at least. Bull$#@! doesn't go very far with me and certainly doesn't help your case for "investing" in the ponzi.

    "excepted"....jeez at least get a grammarly plug-in so your ESL isn't so obvious.



    Yeah that's crazy talk, never mind. Carry on.
    Quote Originally Posted by Proph View Post
    Still better than fiat!

    Used the right way, cryptocurrencies level the playing field against bankers.
    How do programs that can potentially replace banks -- and credit card systems -- benefit bankers, devil21?

    Really, deflationary currencies are a threat to a whole way of life.

    Crypto-doom-and-gloomers would get more respect from me if they actually learned a little bit about the currency and posed more legitimate concerns. (My biggest concern: They use these logs to "blackbag" individuals charged with money laundering; which, I think they made possible in a recent bill. This has nothing to do with flaws in the currency, though, and everything to do with the flaws in government.)

  11. #1059
    Just reread this thread from page 1. I've posted plenty of info for years that indicates that cryptos are a banker invention meant to further tighten control. The Rothschilds magazine announced it literally 33 years ago yet *crickets*

    Last edited by devil21; 01-16-2021 at 10:25 AM.
    "Let it not be said that we did nothing." - Ron Paul

    The entire internet is the domain of paid shills and bots. If you don't know this by now....

    Israel, under control of the Crown and, ultimately, the Vatican, own the USA. If you don't know this by now....

    Talk to people about liberty. You won't find it on websites, you won't find it in politicians.

    But now you can't talk to people because of "social distancing"....brought to you by shills and politicians.

  12. #1060
    Forbes has a crypto webinar next Tue. Usually someplace like forbes isn't the best place to get the most current news but may be worth it.

    https://forbes.zoom.us/webinar/regis...ica%2FNew_York
    “…let us teach them that all who draw breath are of equal worth, and that those who seek to press heel upon the throat of liberty, will fall to the cry of FREEDOM!!!” – Spartacus, War of the Damned

    BTC: 1AFbCLYU3G1dkbsSJnk3spWeEwpqYVC2Pq

  13. #1061
    Are bit coins tradeable? If they are then I I guess it does not matter ultimately who invented it. I find it interesting if you have some you want to get rid of PM me and I will send you my wallet address.

  14. #1062
    have anyone experience in bitcoin local payments?

  15. #1063
    Quote Originally Posted by Working Poor View Post
    Are bit coins tradeable? If they are then I I guess it does not matter ultimately who invented it. I find it interesting if you have some you want to get rid of PM me and I will send you my wallet address.
    You can trade them for gold if you want..
    https://www.apmex.com/product/218622...-gold-eagle-bu

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