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Bitcoin & crypto? Pt. 3

Discussions about the economic and financial ramifications of PEAK OIL

Re: Bitcoin & crypto? Pt. 2

Unread postby AdamB » Wed 17 Sep 2025, 08:10:38

$this->bbcode_second_pass_quote('careinke', 'Q')uick update, My SOL limit buy order closed at $165.88 in Ponzi FIAT dollars.

PEACE


Careinke, ponzi fiat dollars being ponzi fiat dollars....is there anything you use them for? You make them sound pretty useless...but I'm betting when it comes to buying a soda at the corner store you whip out some ponzi dollars (usually referred to as currency for a reason). Am I right or am I right?
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Bitcoin & crypto? Pt. 2

Unread postby careinke » Fri 19 Sep 2025, 15:54:30

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('careinke', 'Q')uick update, My SOL limit buy order closed at $165.88 in Ponzi FIAT dollars.

PEACE


Careinke, ponzi fiat dollars being ponzi fiat dollars....is there anything you use them for? You make them sound pretty useless...but I'm betting when it comes to buying a soda at the corner store you whip out some ponzi dollars (usually referred to as currency for a reason). Am I right or am I right?


I use fiat dollars all the time, I just don't hold them for any length of time. :) Both the wife and I carry a cash stash with us for several reasons some small, some huge. Obviously the biggest one would be a Carrington event, our cash would allow us to make it back to the beach. I use cash to buy pot as they charge more if you use a card. We also pay cash at any other store that imposes a surcharge for using a card. We used to use cash when buying gas, fortunately with the highest gas prices in the nation, we no longer have buy gas.

Our budget is pretty robust, we use the envelope method of budgeting with an App called "Good Budget" on our phones. The App synchs whenever we update it (which is usually in ROW-B right after we leave the store). If a store does not have a surcharge, we use our local credit Union, credit card which we keep paid off. The Good Budget App refills the envelopes once a month after my last paycheck. The leftovers go towards investments. Works for us.

About 85% of my crypto is in BTC and will NEVER be sold, I may someday borrow against it, but never sell it. The rest is divided between Alt Coins and Tesla with TESLA top of my list for buying as they seem to have the fastest timeline and everyone thinks it is just a car company. :)

I stake my crypto at an interest rate of over 12% until I need it, I only buy on down days and sell on Green days.

If an unexpected urgency for cash arose, I can get cash into the credit union within a day. What me Worry???

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Re: Bitcoin & crypto? Pt. 2

Unread postby theluckycountry » Fri 19 Sep 2025, 18:38:26

$this->bbcode_second_pass_quote('careinke', 'A')bout 85% of my crypto is in BTC and will NEVER be sold


That's how I feel about my Gold, you never sell it, unless it's some end of the world emergency. If you have to sell it, you've fucked up somewhere along the line with your other assets.
#1 Never sell Gold to fund retirement.
#2 never borrow against your home.

Silver is another matter, and the way it's going up, I'll be driving Lambo soon 8)
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 2

Unread postby careinke » Fri 19 Sep 2025, 20:11:48

$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('careinke', 'A')bout 85% of my crypto is in BTC and will NEVER be sold


That's how I feel about my Gold, you never sell it, unless it's some end of the world emergency. If you have to sell it, you've fucked up somewhere along the line with your other assets.
#1 Never sell Gold to fund retirement.
#2 never borrow against your home.

Silver is another matter, and the way it's going up, I'll be driving Lambo soon 8)


I too feel the same about gold, my wife keeps track of it in the form of Jewelry, most of it 18 carat.

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Re: Bitcoin & crypto? Pt. 2

Unread postby AdamB » Fri 19 Sep 2025, 20:55:59

$this->bbcode_second_pass_quote('careinke', '
')About 85% of my crypto is in BTC and will NEVER be sold, I may someday borrow against it, but never sell it. The rest is divided between Alt Coins and Tesla with TESLA top of my list for buying as they seem to have the fastest timeline and everyone thinks it is just a car company. :)


The wife made some offhand comment the other day as Tesla being identified as a "technology" company, she had read it somewhere. Which I can see some piece of, but to me a cage is a cage, and it irks me that someone might put the highbeams or cruise control controls on a screen or something rather than the places I can reach for instinctively from decades of them being..you know...where they usually are. The wife says I am fuddy duddy.

$this->bbcode_second_pass_quote('careinke', '
')I stake my crypto at an interest rate of over 12% until I need it, I only buy on down days and sell on Green days.

Yeah, my interest in being involved in investments, or not, at that level is pretty low. Well, none-existent really. Sounds too much like work.

$this->bbcode_second_pass_quote('careinke', '
')If an unexpected urgency for cash arose, I can get cash into the credit union within a day. What me Worry???
Peace


I keep some closer than the credit union, but I don't advertise.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Sun 21 Sep 2025, 03:11:50

Bitcoin for beginners.

Image

This isn't a picture of a bitcoin, it's just a computer made picture pretending to be a Bitcoin so people will trust it and buy it. You can't actually see Bitcoin, it doesn't exist in the real world, only in the phantom world of electronics.

Long long ago, a man in a basement came up with a novel way to encrypt (Lock up) computer strings (Words and numbers). He decided it would be fun to encrypt several million strings and dump them on the world wide web. He told people they could be used as money, and for kicks some people hunted for them and then used them as money at the only places they were accepted. Small Pizza shops.

As time passed the internet made a meme out of these pizza tokens and like beanie babies or postage stamps lots of people started to collect them thinking that one day they would be rich. Yes, sad I know... Then one day rich men looked at these tokens and thought, "I wonder if we could make money buying them off people and them selling them back to other people at a higher price?" It was not long after a big financial (money stuff) collapse and the other money stuff wasn't selling as well anymore, there was a lot of mistrust. Their scheme worked! They would buy it when it was low and then sell it when it was high, often making it high by getting on the TV and telling everyone "It was the future". An immigrant named Elon Musk (yeah, funny name) did this with dogecoin and the price went way way up.

Now this Bitcoin which was once held on people's own home computers is now mostly stored on the cloud (a name for Rich men's computers), and it's all tied in with the other money stuff that people still distrust. The people that buy Bitcoin off the rich men are typically Millennials, those kids brought up playing computer games all day long and who now are staring into their phones screens all day long. These are very dumbed down people who can't grasp (like you would grasp your wife's breast) the simple ideas behind money and keeping it safe. But Bitcoin is sort of like a computer game so they like it, and it keeps them staring at their little phone screens all day long, which they like too. It gives these Millennial people hope because they know they will never afford a home or any of the "Real" things in the world on their crappy wages. Older people buy Bitcoin too, these are typically people who watched a lot of StarTrek and Starwars on TV and have trouble telling the difference between what's real and what's fantasy.

Not Real

Image

A picture of a Real Home

Image
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby AdamB » Sun 21 Sep 2025, 09:35:13

$this->bbcode_second_pass_quote('theluckycountry', 'B')itcoin for beginners.


Sorry, but that isn't starting at an ignorant enough level coming from you.

Try....."Bitcoin for babies."

And then let Careinke write it for you, so you can be sure you are parroting it from someone who knows something.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Mon 22 Sep 2025, 02:52:51

Bitcoin safe?

Global Bitcoin Ponzi Scheme Leaves Investors Facing $63M in Losses

$this->bbcode_second_pass_quote('', 'A') $200 million crypto Ponzi scheme has unraveled, exposing a vast global fraud that lured 90,000 investors with fake returns and funded outrageous luxury spending.

CEO Pleads Guilty in $200M Global Crypto Ponzi Scheme

The U.S. Department of Justice (DOJ) announced on Sept. 17 that the chief executive of a global bitcoin investment venture has admitted to orchestrating a fraudulent operation that deceived thousands of people around the world. Ramil Ventura Palafox, 60, who directed Praetorian Group International (PGI), pleaded guilty to wire fraud and money laundering for running what prosecutors described as a Ponzi scheme. Officials said the company’s marketing promised daily returns of up to 3% but in reality used incoming investor funds to pay earlier participants.
https://news.bitcoin.com/global-bitcoin ... in-losses/

These CEOs are are as dumb as the people who buy the bitcoin. Why not go run his business in Paraguay or Brazil? Why stay in the US where Jail awaits.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Mon 22 Sep 2025, 10:13:30

Oh! BC falling off a cliff again. Must be so stressful for the hodlers, being on this endless roller-coaster.
What's interesting though, if you go to a chart https://www.coingecko.com/en/coins/bitcoin and pull up max, then lay a ruler across the former peaks, 2017, 2021, you'll see the current price of 113k fits perfectly in line. Actually it's about $118k, as the top. I wonder if any coinheads have done that?

Image

meanwhile, down in the Lucky Country $5,652 and climbing

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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby AdamB » Mon 22 Sep 2025, 13:05:30

$this->bbcode_second_pass_quote('theluckycountry', 'B')itcoin safe?
Global Bitcoin Ponzi Scheme Leaves Investors Facing $63M in Losses


Gold safe? Idiot Australian doesn't know where he buried his in the backyard. Didn't draw himself a map first, hims being so MARTZ and all! Neighbors worried about him.

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Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Mon 22 Sep 2025, 21:02:50

BC not far off it's top of $106k. made in December last year :P
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby AdamB » Mon 22 Sep 2025, 21:07:16

$this->bbcode_second_pass_quote('theluckycountry', 'B')C not far off it's top of $106k. made in December last year :P


Uneducated Australian still can't find his gold.

Image

Thinks about asking Australian rocket scientists for help....changes mind.

Image
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Tue 23 Sep 2025, 07:27:51

BC Flashing RED Retarded, Extremely Dumb.
Under 113k now. When the collapse comes were looking at a low of $26k. If it stops...
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby AdamB » Tue 23 Sep 2025, 08:28:54

$this->bbcode_second_pass_quote('theluckycountry', 'B')C Flashing RED Retarded, Extremely Dumb.


Sounds more like you happened to look in the mirror this morning. Hows the boy doing? Oh..wait...sorry...some don't talk about family disappointments because it is embarassing....perhaps he is learning the family trade to show off to tourists?

Image
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Wed 24 Sep 2025, 07:41:12

$111,700 I'm going over the stinkcoin sub for a laugh, you guys hang tight.

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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Wed 24 Sep 2025, 08:13:44

This is so sad.

$this->bbcode_second_pass_quote('', ' ')Finally I made it in life

I did it. I fucking did it. I did every side hustle I could find alongside my day job and I’m out of debt, save about 20k on a new car to be paid off in 4 years, but that’s okay. I’m 32, make 50k/year, and after living expenses are paid for, I have $800 a month to do as I please. Right now I DCA $100/week. I mean, it doesn’t feel like a ton, but I’m hopeful that this’ll be what I need it to be in 20+ years.

He/she/it says they are out of debt, but just bought a new car on tick? 4/5's of the things income goes on "living expenses"? Clueless

Someone with a Brain says

"I know this is all about Bitcoin in here but don’t forget to diversify just in case"
OP retorts with, "Not to be a maxi, but if you understand BTC and economics well enough, there is no more secure option. I appreciate the intention tho"

No more secure option. This one has been totally absorbed by the collective.

Image


Strategy Unveils Additional $99,700,000 Bitcoin Purchase
$this->bbcode_second_pass_quote('', 'Y')ou’d better buy more before this monster gobble up all the supply!
If you don’t plan to buy , it’s fine too . It will do the heavy lifting to bring the prices up. We are in good hands.

In good hands, the hands of a delusional Whale :lol:
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby AdamB » Wed 24 Sep 2025, 08:56:32

$this->bbcode_second_pass_quote('theluckycountry', 'T')his is so sad.

$this->bbcode_second_pass_quote('', ' ')Finally I made it in life

I did it. I fucking did it. I did every side hustle I could find alongside my day job and I’m out of debt, save about 20k on a new car to be paid off in 4 years, but that’s okay. I’m 32, make 50k/year, and after living expenses are paid for, I have $800 a month to do as I please. Right now I DCA $100/week. I mean, it doesn’t feel like a ton, but I’m hopeful that this’ll be what I need it to be in 20+ years.

He/she/it says they are out of debt, but just bought a new car on tick? 4/5's of the things income goes on "living expenses"? Clueless
[b]


Certainly I agree that some folks are clueless.

And in some cases, an entire country. Can you BELIEVE that the smartest people in Australia tried to launch some vegemite, and...well....rocket scientists in Australia apparently being 10X smarter than those who can't graduate high school in the country, and about on the level of an American high school graduate, only managed to embarrass their entire country?

Image

Of course...when THIS is an Australian Olympian....what does one expect?

Image

$this->bbcode_second_pass_quote('theluckycountry', '
')lol:


I agree. But it is YOUR country, parrot.
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Thu 25 Sep 2025, 03:19:57

$111,537

Image

Dogecoin on the sub

Dogey wake up! I don’t like this! Dogey wake up!!!!
11h ago, one comment
Had to pull the trigger. Thanks Doge. It’s been a fun ride.
Left my job two weeks ago, then got hit with property tax and two parking tickets. I need to pay my bills...
Living on the breadline. $10k sold
Not only doge Over $150,000,000,000 wiped from the crypto markets in last 24h

Baby Doge?
r/babydogearmy

13 days ago BABY DOGE JUST STARTED ITS BULL RALLY!
3 days ago THIS CRASH MAY BE THE GREATEST OPPORTUNITY OF YOUR LIFE
16h ago Just Released, a SUPER BULLISH Update!
Current price.. $0.0000000001171 WoW! Much WOW

Image

How Many Crypto Currencies Exist! As of 2025, 17151 cryptocurrencies.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby AdamB » Thu 25 Sep 2025, 08:55:52

$this->bbcode_second_pass_quote('theluckycountry', '
')How Many Crypto Currencies Exist! As of 2025, 17151 cryptocurrencies.


Interesting. Didn't know that. Probably because I don't care.

But the real question is...why do you? Enjoy your PMs (if you can find where you buried them) and live happily in your ignorance as a loyal subject to the Crown.

Better luck with your vegemite launcher next time.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Thu 25 Sep 2025, 09:14:41

ARRRRRRR
$110,922

Danger Will Robinson Danger!

What's wrong? Don't people realize that with the FED printing... Don't they realize that BTC is the only safe haven for their money? That when all currencies collapse the world will Blah Blah Blah.

Idiot! Just look at the NASDAQ, it's tanking, taking all the tech stocks (BC included) DOWN.
Saylor bought the DIP, but it's still dipping :lol:


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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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