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| 11:42 PM | ||
| Users Online Now: 2,725 (Who's On?) | Visitors Today: 1,191,956 | |
| Pageviews Today: 2,296,917 | Threads Today: 1,072 | Posts Today: 20,105 |
| 11:42 PM | ||
3 out of 3! Each time Bitcoin reaches parity with Gold, it fails. Here's why! | |
| EFFING DEPLORABLE!
Offer Upgrade  User ID: 30358350  United States03/10/2017 09:08 PM Report Abusive Post Report Copyright Violation | |
| bigD111
User ID: 65945302 United States03/10/2017 09:13 PM  Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 67534096 United States03/10/2017 09:16 PM Report Abusive Post Report Copyright Violation | |
| bigD111
User ID: 65945302 United States03/10/2017 09:18 PM Report Abusive Post Report Copyright Violation | |
| condor819
User ID: 72402469 United States03/10/2017 09:19 PM Report Abusive Post Report Copyright Violation | I tried to make sense of it and couldn't figure it out...Setting up a special wallet or something if I buy them...or running a complicated computer program to "mine" them... Yikes! Didn't this start as some kind of a currency in a video game? And what would I do with one once I had it? I'm probably just too old to figure it out...  |
| Anonymous Coward User ID: 67534096 United States03/10/2017 09:20 PM Report Abusive Post Report Copyright Violation | 3 out of 3 times, when Bitcoin neared, or reached parity with Gold, Bitcoin failed to make the leap! Consider Bitcoin when reviewing this statement by Mr. Greenspan. Quoting: EFFING DEPLORABLE! Here's an excerpt from his book "Gold and Economic Freedom": "In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold." Now look at what happened with the Exchange Traded Funds deal today. Bitcoin was at $1292.00 and fell to $999.99, in an instant, upon the announcement of the rejection of the EFT deal, by the powers that be! Is the price of Bitcoin set by a conspiracy or what!? Here is a great Bitcoin/ETF rant... The manipulation would be worse if the etf was allowed to come to market. In my opinion. |
| Anonymous Coward User ID: 57773677 United States03/10/2017 09:24 PM Report Abusive Post Report Copyright Violation | Bitcoin has perceived value by its acceptance of online markets. People pay money into bitcoin which gives it the perceived value. Bitcoin also being outside of the central banking system it isn't taxable, this is why china and japan have jumped on board over the last year leading to its dramatic rise in value. But like the stock market bitcoin can be hyper traded and so you see dramatic swings in it's value. Also as it rises people pull there profits out of bitcoin so when it gets to a high it drops as they pull their profits, then they let it rebuild. If the dollar/credit system ever dies, you won't be able to email gold or silver, so this another reason people like bitcoin it's the likely future of internet money. |
| Anonymous Coward User ID: 74409681  New Zealand03/10/2017 09:27 PM Report Abusive Post Report Copyright Violation | Bitcoin has perceived value by its acceptance of online markets. People pay money into bitcoin which gives it the perceived value. Bitcoin also being outside of the central banking system it isn't taxable, this is why china and japan have jumped on board over the last year leading to its dramatic rise in value. But like the stock market bitcoin can be hyper traded and so you see dramatic swings in it's value. Also as it rises people pull there profits out of bitcoin so when it gets to a high it drops as they pull their profits, then they let it rebuild. If the dollar/credit system ever dies, you won't be able to email gold or silver, so this another reason people like bitcoin it's the likely future of internet money. Quoting: Dredrum Relies 100% on internet = doomed to failure. |
| bigD111
User ID: 65945302 United States03/10/2017 09:29 PM Report Abusive Post Report Copyright Violation | Bitcoin has perceived value by its acceptance of online markets. People pay money into bitcoin which gives it the perceived value. Bitcoin also being outside of the central banking system it isn't taxable, this is why china and japan have jumped on board over the last year leading to its dramatic rise in value. But like the stock market bitcoin can be hyper traded and so you see dramatic swings in it's value. Also as it rises people pull there profits out of bitcoin so when it gets to a high it drops as they pull their profits, then they let it rebuild. If the dollar/credit system ever dies, you won't be able to email gold or silver, so this another reason people like bitcoin it's the likely future of internet money. Quoting: Dredrum Relies 100% on internet = doomed to failure. That would be my opinion! deplorably republican |
| Anonymous Coward User ID: 57773677 United States03/10/2017 09:33 PM Report Abusive Post Report Copyright Violation | Bitcoin has perceived value by its acceptance of online markets. People pay money into bitcoin which gives it the perceived value. Bitcoin also being outside of the central banking system it isn't taxable, this is why china and japan have jumped on board over the last year leading to its dramatic rise in value. But like the stock market bitcoin can be hyper traded and so you see dramatic swings in it's value. Also as it rises people pull there profits out of bitcoin so when it gets to a high it drops as they pull their profits, then they let it rebuild. If the dollar/credit system ever dies, you won't be able to email gold or silver, so this another reason people like bitcoin it's the likely future of internet money. Quoting: Dredrum Relies 100% on internet = doomed to failure. I'm not invested in it, myself I don't trust it either for that reason, but I do pay attention to it, If I had lots to invest I wouldn't think twice about buying a little as it rises up from other countries buying into it as I stated above. |
| EFFING DEPLORABLE!
(OP) User ID: 30358350 United States03/10/2017 09:34 PM Report Abusive Post Report Copyright Violation | Digital currency, of some type, is the future of banking. Just asking, not being rude but, do you really need to use cash in your daily life? Every business uses Credit Cards, ATM's and or checks. Like it or not, we the people are headed for a Cashless Society! Under this scenario, the banks control your digits, and they can turn you off, if you offend them. Like money, Bitcoin is real in our minds and can be traded for goods once a trade is agreed upon. Over.  Every day, and in every way, the shit keeps getting deeper and deeper! |
| bigD111
User ID: 65945302 United States03/10/2017 09:37 PM Report Abusive Post Report Copyright Violation | Digital currency, of some type, is the future of banking. Just asking, not being rude but, do you really need to use cash in your daily life? Every business uses Credit Cards, ATM's and or checks. Like it or not, we the people are headed for a Cashless Society! Under this scenario, the banks control your digits, and they can turn you off, if you offend them. Like money, Bitcoin is real in our minds and can be traded for goods once a trade is agreed upon. Over. Of course, that is what they want! That way government knows everything you do and they get their cut! I do need cash now and again, but I guess I could trade hamburger or something if I need too!  deplorably republican |
| Anonymous Coward User ID: 70197228 United States03/10/2017 09:40 PM Report Abusive Post Report Copyright Violation | |
| bigD111
User ID: 65945302 United States03/10/2017 09:42 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 73951674 United States03/10/2017 09:44 PM Report Abusive Post Report Copyright Violation | Bitcoin has perceived value by its acceptance of online markets. People pay money into bitcoin which gives it the perceived value. Bitcoin also being outside of the central banking system it isn't taxable, this is why china and japan have jumped on board over the last year leading to its dramatic rise in value. But like the stock market bitcoin can be hyper traded and so you see dramatic swings in it's value. Also as it rises people pull there profits out of bitcoin so when it gets to a high it drops as they pull their profits, then they let it rebuild. If the dollar/credit system ever dies, you won't be able to email gold or silver, so this another reason people like bitcoin it's the likely future of internet money. Quoting: Dredrum If the economic system fails, there won't be any internet. Your best bet is: gold, silver, food, ammo, and vice items (alcohol and tobacco) |
| EFFING DEPLORABLE!
(OP) User ID: 30358350 United States03/10/2017 09:49 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74409681 New Zealand03/10/2017 09:51 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 74409681 New Zealand03/10/2017 09:52 PM Report Abusive Post Report Copyright Violation | Bitcoin has perceived value by its acceptance of online markets. People pay money into bitcoin which gives it the perceived value. Bitcoin also being outside of the central banking system it isn't taxable, this is why china and japan have jumped on board over the last year leading to its dramatic rise in value. But like the stock market bitcoin can be hyper traded and so you see dramatic swings in it's value. Also as it rises people pull there profits out of bitcoin so when it gets to a high it drops as they pull their profits, then they let it rebuild. If the dollar/credit system ever dies, you won't be able to email gold or silver, so this another reason people like bitcoin it's the likely future of internet money. Quoting: Dredrum If the economic system fails, there won't be any internet. Your best bet is: gold, silver, food, ammo, and vice items (alcohol and tobacco) Correct, medicines will be the currency of choice, painkillers, antibiotics. |
| EFFING DEPLORABLE!
(OP) User ID: 30358350 United States03/10/2017 09:52 PM Report Abusive Post Report Copyright Violation | Digital currency, of some type, is the future of banking. Just asking, not being rude but, do you really need to use cash in your daily life? Every business uses Credit Cards, ATM's and or checks. Like it or not, we the people are headed for a Cashless Society! Under this scenario, the banks control your digits, and they can turn you off, if you offend them. Like money, Bitcoin is real in our minds and can be traded for goods once a trade is agreed upon. Over. Of course, that is what they want! That way government knows everything you do and they get their cut! I do need cash now and again, but I guess I could trade hamburger or something if I need too! I like cash! I do not want the Government watching me, even though I cannot stop them! (Vault 7) Are we just unshackled Slaves or what?  Every day, and in every way, the shit keeps getting deeper and deeper! |
| Anonymous Coward User ID: 71484121 United States03/10/2017 09:55 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 49332790 United States03/10/2017 09:55 PM Report Abusive Post Report Copyright Violation | |
| bigD111
User ID: 65945302 United States03/10/2017 09:56 PM Report Abusive Post Report Copyright Violation | Digital currency, of some type, is the future of banking. Just asking, not being rude but, do you really need to use cash in your daily life? Every business uses Credit Cards, ATM's and or checks. Like it or not, we the people are headed for a Cashless Society! Under this scenario, the banks control your digits, and they can turn you off, if you offend them. Like money, Bitcoin is real in our minds and can be traded for goods once a trade is agreed upon. Over. Of course, that is what they want! That way government knows everything you do and they get their cut! I do need cash now and again, but I guess I could trade hamburger or something if I need too! I like cash! I do not want the Government watching me, even though I cannot stop them! (Vault 7) Are we just unshackled Slaves or what? Yes, we are. They will tell us it is to stop crime and the drug trade that they are doing away with cash, but in reality, they want to know what we are doing at all times! Why else do we need electronic tracking devices, and all communications recorded. Big Brother is watching us! deplorably republican |
| Anonymous Coward User ID: 49332790 United States03/10/2017 10:00 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 71484121 United States03/10/2017 10:00 PM Report Abusive Post Report Copyright Violation | Digital currency, of some type, is the future of banking. Just asking, not being rude but, do you really need to use cash in your daily life? Every business uses Credit Cards, ATM's and or checks. Like it or not, we the people are headed for a Cashless Society! Under this scenario, the banks control your digits, and they can turn you off, if you offend them. Like money, Bitcoin is real in our minds and can be traded for goods once a trade is agreed upon. Over. Of course, that is what they want! That way government knows everything you do and they get their cut! I do need cash now and again, but I guess I could trade hamburger or something if I need too! I like cash! I do not want the Government watching me, even though I cannot stop them! (Vault 7) Are we just unshackled Slaves or what? Cash? better than bitcoin? For 'intrinsic' value? How about precious metals? Silver tards, we ride!  |
| Anonymous Coward User ID: 71484121 United States03/10/2017 10:01 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 26719750 United States03/10/2017 10:02 PM Report Abusive Post Report Copyright Violation | |
| EFFING DEPLORABLE!
(OP) User ID: 30358350 United States03/10/2017 10:04 PM Report Abusive Post Report Copyright Violation | By the way, the current value of Bitcoin, after this latest pull back is $18,442,807,078. The value before the pull back was well over $20 Billion Dollars. Money in a jar, or a bank account brings you nothing. You gotta get involved! Digital currency is here to stay. The question is, are your digits making you digits or are you working harder and harder to create digits?!  Every day, and in every way, the shit keeps getting deeper and deeper! |
| Anonymous Coward User ID: 71484121 United States03/10/2017 10:05 PM Report Abusive Post Report Copyright Violation | |
| EFFING DEPLORABLE!
(OP) User ID: 30358350 United States03/10/2017 10:14 PM Report Abusive Post Report Copyright Violation | BTW if I was rich of course I would choose gold... Quoting: Anonymous Coward 71484121 Large amounts of silver is very heavy! Silver is only Heavy until the price goes up. And Silver is being used up, first as coins and jewelry, now in electronic equipment. There is a Silver shortage that is under reported. GET SILVER BEFORE JANUARY 1, 2018! Please review this video by Bix Weir. Silver and Bitcoin is where it is at! Silver Rigging: "Cease and Desist" by January 1, 2018 (Bix Weir) Every day, and in every way, the shit keeps getting deeper and deeper! |
| gcxd User ID: 1786840 United States03/10/2017 10:15 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 49529093 United States03/10/2017 10:22 PM Report Abusive Post Report Copyright Violation | |
