[mousepad]

$this->bbcode_second_pass_quote('AdamB', '
')Sure. And I can't imagine any other country on the planet needing immigrants worthy only of banana bending. Maybe some of those banana republics in Central and South America?

[AdamB]

$this->bbcode_second_pass_quote('mousepad', '')$this->bbcode_second_pass_quote('AdamB', '
')Sure. And I can't imagine any other country on the planet needing immigrants worthy only of banana bending. Maybe some of those banana republics in Central and South America?

[vtsnowedin]

Bitcoin down to $19,345 as I type this.
An acquaintance sold out all of it he had at a tidy profit a while back.
There were and are some winners in all this but the ones holding it now are mostly not in that group and probably never will be.

[careinke]

Hi there,

The bitcoin blockchain has now operated 5,000 days, 24/7, with no stoppages, computer hacks, or crippling DNS attacks. I'm pretty sure NOTHING ELSE, using computers, have accomplished this to date.

Countries try in vain to control it, It crosses boarders with ease and cannot be stopped. Everyday more people trade their Fiat for real money. Money that is safe, and cannot be taken from you. Money that makes YOU your own bank.

Layer two protocols like lightning, allow instant transfer of funds, all around the world for penny's, using the Bitcoin Blockchain as the Layer One. Say goodbye Western Union.

I could go on. Instead, I'll point you to the book "The Uncommunist -Manifesto.
https://www.amazon.com/UnCommunist-Manifesto-Message-Responsibility-Liberty/dp/0578396300

It's a very short book (84 pages), and a third of it, is a definition of terms so everyone is talking the same language. But one of the tenants is money should be decentralized, politically neutral, and controlled by no one, especially politicians. Oh, and very little of the book is about Bitcoin. I think the "Bitcoin" word was used less than a dozen times. Although short, the book gave me lots to think about.

I bought more Bitcoin today to celebrate. I did have to pay more than the previous post.

Peace

[Doly]

$this->bbcode_second_pass_quote('', 'C')ertainly New Zealand should be a step up, and they can just about swim from the mining camps to their if they had any gumption.

[AdamB]

$this->bbcode_second_pass_quote('Doly', '')$this->bbcode_second_pass_quote('', 'C')ertainly New Zealand should be a step up, and they can just about swim from the mining camps to their if they had any gumption.

[evilgenius]

I don't know why anyone would buy Bitcoin into the Fed's rate rising structure? You could chase the bottom, I guess? But once it bottoms and the Fed is done, it should be simple math the same the other way because of the interesting level of usual demand. I don't know if that level is mostly criminal, but it will probably become less so.

[theluckycountry]

Well it seems pretty clear now the dust is settling who the buyers were for cryptos big run-up. Chinese millionaires laundering money into Canada etc, and the institutional investors like Bankman Fried, Saylor, et el. So the question begs, who will be the impetus for another big run-up?

It's funny looking at the headlines over on Yahoos crypto pages, just the headlines, you wouldn't read any of the drivel.

Bitcoin, Ether prices edge up; Dogecoin rebounds after heavy losses
Bitcoin, Ether inch up; Dogecoin remains biggest loser in top 10 cryptos
Bitcoin slips, Ether inches up; Dogecoin leads rebound in top 10 cryptos
Tesla stock fall sinks crypto token dogecoin

This is all in the space of two days naturally. How delusional are these people, trying to make some sort of financial commentary on casino chips as though they were actually companies engaged in business.

[vtsnowedin]

It all remains rat position as it has no real value as the only thing you can do with it is sell it to someone more foolish then yourself.
A lot of fools and their money have been parted with this scam and it is an embarrassment the number of senior leaders of investment firms have fallen for it.

[theluckycountry]

The analogy of course is the dotcom bubble, though the recent collapse in tech sector is more akin to that disaster. The .coms were like a religion where all common sense analysis was tossed out the window in favor of "This is the future, buy now or you'll miss out forever"

It's interesting to see the list of imploded stocks, ones down 70%+ and the general carnage in Google; Apple, Amazon, Tesla and the rest of the mouse-pusher darlings. Amazon and Google have shed 2 Trillion dollars in market cap between them. 2T, and somehow I don't think it was lost by big corporations, more likely lost from 401k plans and the like.

[careinke]

$this->bbcode_second_pass_quote('theluckycountry', 'W')ell it seems pretty clear now the dust is settling who the buyers were for cryptos big run-up. Chinese millionaires laundering money into Canada etc, and the institutional investors like Bankman Fried, Saylor, et el. So the question begs, who will be the impetus for another big run-up?

It's funny looking at the headlines over on Yahoos crypto pages, just the headlines, you wouldn't read any of the drivel.

Bitcoin, Ether prices edge up; Dogecoin rebounds after heavy losses
Bitcoin, Ether inch up; Dogecoin remains biggest loser in top 10 cryptos
Bitcoin slips, Ether inches up; Dogecoin leads rebound in top 10 cryptos
Tesla stock fall sinks crypto token dogecoin

This is all in the space of two days naturally. How delusional are these people, trying to make some sort of financial commentary on casino chips as though they were actually companies engaged in business.

[Plantagenet]

$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('theluckycountry', 'W')ell it seems pretty clear now the dust is settling who the buyers were for cryptos big run-up. Chinese millionaires laundering money into Canada etc, and the institutional investors like Bankman Fried, Saylor, et el.

[theluckycountry]

$this->bbcode_second_pass_quote('Plantagenet', '')$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('theluckycountry', 'W')ell it seems pretty clear now the dust is settling who the buyers were for cryptos big run-up. Chinese millionaires laundering money into Canada etc, and the institutional investors like Bankman Fried, Saylor, et el.

[Plantagenet]

$this->bbcode_second_pass_quote('theluckycountry', '.')...seriously, what these bankman freuds, these maddoff's do, is inconsequential compared to the total lifelong financial rape that the federal government commits.

[theluckycountry]

$this->bbcode_second_pass_quote('Plantagenet', '
')
Good for you. I'm glad you are happy with your own investment strategy.

However, other folks have different strategies and different ideas.....thats what make it all interesting.

[careinke]

So Lucky,

You want to restrict people from making their own decisions based on wealth. Worse, you want to direct what lower income people have to do with their money while the rich can continue to do what they want? Did I get that right?

I have never been forced to buy Bitcoin or any other asset, by anyone, have you? I certainly haven't been by Bitcoin as it is just numbers, not a real person.

Bitcoin has a known 4 year cycle with three positive years followed by a significant down year, based on the having cycle, and yes it is volatile. 2022 was a down year. The next three years will be up years significantly outperforming the last all time high. Chart out all the four year cycles together on a graph and you will note that each cycle has a higher high and a higher low than the previous cycle.

Contrast 2023 YTD yields of Bitcoin to the DOW, Nasdaq, SP500, real estate, etc. You will find BTC has outperformed them all.

Plus the government can not steal it from you.

Peace

[theluckycountry]

$this->bbcode_second_pass_quote('careinke', 'S')o Lucky,

You want to restrict people from making their own decisions based on wealth. Worse, you want to direct what lower income people have to do with their money while the rich can continue to do what they want? Did I get that right?

[noobtube]

People still believe in crypto-scams.

The United States is full of so many scams as the energy depletes.

I guess it's the belief of 'exceptionalism' that something will save their 'way of life' of being a parasite on the rest of the world.

You have the electric car scam with the foreigner nut-job Elon Musk.
You have Wework with the scammer Andy Neumann.
You have Nikola with the scammer Trevor Milton.
You have Theranos with the scammer Elizabeth Holmes.
You have FTX which was a scam based on a scam Sam Bankman-Fried.

All that productive wealth destroyed because dummies want to believe they can get something for nothing.

The country built skyscrapers, arenas, and stadiums with a negative real value, while housing rents are going through the roof. Whine about crime, while putting people out of work. Then think if you play the real estate game, or stock market game, or the crypto game, somehow you can beat the system and be one of the rare lucky winners.

The United States has become a casino economy and bitcorn and the rest of this garbage are just a manifestation of the lunacy.

[AdamB]

$this->bbcode_second_pass_quote('noobtube', '
')The United States has become a casino economy and bitcorn and the rest of this garbage are just a manifestation of the lunacy.

[noobtube]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('noobtube', '
')The United States has become a casino economy and bitcorn and the rest of this garbage are just a manifestation of the lunacy.