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Bitcoin & crypto? Pt. 3

Discussions about the economic and financial ramifications of PEAK OIL

Re: Bitcoin & crypto? Pt. 3

Postby AdamB » Mon 02 Feb 2026, 19:48:09

$this->bbcode_second_pass_quote('theluckycountry', '
')Lost Sheep is what they all are and the memes are flying left right and center.


Lost sheep is better than being anywhere near Lucky and his hero.

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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

Postby theluckycountry » Mon 02 Feb 2026, 22:59:33

Where lambo :cry:

r/dogecoin: The most amazing place on reddit!
A subreddit for sharing, discussing, hoarding and wow'ing about Dogecoins.

$this->bbcode_second_pass_quote('', 'u')/Odd_Stick_3042
1 month ago
Top 1% Commenter
25??? It should be $2.50 by now.. we’ve been bamboozled bro
https://www.reddit.com/r/dogecoin/comme ... tertained/
25, those were the glory days, it's 10-cents now.

buttcoin?
From laser eyes to serving fries https://www.reddit.com/r/Bitcoin/commen ... ing_fries/
Expect that thread to be removed by the mods post haste :lol:

And lots of posts about... 2012, 2013 <Yawn> Reminds me of kub dragging up the previous years sales to "prove" battcars were booming.
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

Postby theluckycountry » Mon 02 Feb 2026, 23:07:47

An ex-google employee tells us why BC is a generational opportunity lol. I think he was a cleaner there?
https://www.reddit.com/r/Bitcoin/commen ... h_trading/

What was the price of Buttcoin at the peak 5 years ago? $63,000. 5 Years! Only an idiot would still believe in it. Yeah Mofo, an opportunity for an entire generation of Millennials to throw their future down the toilet. But it's not your fault is it? No, "Greedy Boomers" "Greedy Gen-Xers" :lol: :lol:

Let Millennials starve I say, they have never done a decent days work in their life anyway.
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

Postby theluckycountry » Tue 03 Feb 2026, 17:15:26

Another bad hair day for BTC. Another lower low, $73,111
I wonder what the coinHeads do during the dark years? Some say they simply ignore it all and get on with their lives but how could you go from checking your phone 47 times a day to once a month?
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

Postby careinke » Tue 03 Feb 2026, 19:16:22

$this->bbcode_second_pass_quote('theluckycountry', 'A')nother bad hair day for BTC. Another lower low, $73,111
I wonder what the coinHeads do during the dark years? Some say they simply ignore it all and get on with their lives but how could you go from checking your phone 47 times a day to once a month?


Hmm.. My low for the day shows $72,859. I guess I should be panicked, but I'm not. Just enjoying the show.

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Re: Bitcoin & crypto? Pt. 3

Postby AdamB » Tue 03 Feb 2026, 20:17:12

$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('theluckycountry', 'A')nother bad hair day for BTC. Another lower low, $73,111
I wonder what the coinHeads do during the dark years? Some say they simply ignore it all and get on with their lives but how could you go from checking your phone 47 times a day to once a month?


Hmm.. My low for the day shows $72,859. I guess I should be panicked, but I'm not. Just enjoying the show.

Peace


Do you ever react to changes in BTC value? You've mentioned buy orders if the prices falls to a certain point, has the recent downturn caused you to tip in even harder than normal?
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

Postby theluckycountry » Wed 04 Feb 2026, 04:58:00

$this->bbcode_second_pass_quote('careinke', 'H')mm.. My low for the day shows $72,859. I guess I should be panicked, but I'm not. Just enjoying the show.

Peace

Yeah, #MeToo.

Battered BTC — From Obsession to Apathy
Young money is checking out: crypto adoption among 18–34 fell from 24% to 18% in 2025.

Can't blame them I suppose, they were raised to believe they were 'special' and hence demand a comfy ride. One could hope Saylor comes in to save the day with another big buy but his last buy precipitated a fall! BTC market cap is 1.5T, a couple of billion here and there won't put a dent in that. Plus his image is smeared now, he's not even mentioned in most crypto circles, it's like he's the retarded cousin everyone turns away from.
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

Postby theluckycountry » Wed 04 Feb 2026, 15:02:14

Ooops, this could be a brand killer.

Crypto Bros Nauseated After Realizing Bitcoin Itself Was Funded by Jeffrey Epstein
$this->bbcode_second_pass_quote('', '
')Like a hurricane that tears down even the sturdiest storm shelters, the Epstein files have cut a path through a vast swath of America’s intellectual, political, and financial elite.
...One file highlighted by crypto investor Patrick Riley shows an email chain between Epstein and Joichi Ito, the former head of MIT’s Media Lab whose Digital Currency Initiative played an integral role in helping crypto grow into the giant it is today. As the email exchange makes clear, Epstein’s backing was a key pillar in establishing the DGI.

“75 percent of bitcoins code comes directly from [Epstein’s] investments,” a crypto account called Crypto Bitlord agonized in response. “We’ve basically funded an elite global pedophile ring since 2015. I feel sick.” The email chain from Ito also suggests that Bitcoin’s mysterious developer — the pseudonymous Satoshi Nakamoto — may have in fact been five “core developers,” each of whom was in talks with Epstein.
https://futurism.com/future-society/cry ... in-bitcoin
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

Postby theluckycountry » Wed 04 Feb 2026, 15:05:58

$this->bbcode_second_pass_quote('', ' ')Saylor's doing well!
"total of 713,503 BTC at average price of $76,052"

Let me get my calculator. Hmm... current price $72,549, so that's a loss of around $3500 per, times 713,503 equals $2.5 billion. For a moment, I thought my calculator was going to show the answer in scientific notation.

Buttcoin: backed by gold, comedy gold!
https://www.reddit.com/r/Buttcoin/comme ... oing_well/

The BTC sub itself is in total meltdown now, some of the latest threads.

Can everyone please calm down
The amount of posts having melt downs is really bothering me.
These dips are a blessing, it just gives a chance to buy more
--(It's a crash you idiot, not a series of dips :roll: )
When the house is on fire, that’s not the time to run away. That’s the time to run towards the flames.
When to buy during the dip (Totally divorced from reality :roll: )
Bitcoin drops but I'm still holding my life depends on it
"It’s crazy…people say BTC is too expensive to buy, but when it’s at a discount, they panic sell or won’t buy because it’s plummeting? I don’t understand??? "
--(No you don't understand, and you never will understand basic investing because your head is stuffed full of buttcoin Lies)

Have you guys actually built wealth from DCA investing?
(Ahhh, someone is actually starting to question one of the memes. Coinheads must rally around this poor soul and pull him back into the dull cow herd.)
I'm done with Bitcoin I have absolutely no fiat left to buy more. F*ck sh*t.
" People please. If you don't have the conviction to go 100% in that's fine, but then you have to be responsible enough to budget. If this dip or crash or whatever you want to call is actually screwing your life, learn from this and shift."
(Too little too late for most I'm afraid.)
I can’t sleep tonight My alerts won't stop screaming, and every time I look at the Order Book, it feels like the buy.
Is this the actual bottom or are we dropping to $60k?


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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

Postby AdamB » Wed 04 Feb 2026, 19:31:14

$this->bbcode_second_pass_quote('theluckycountry', '
')Can everyone please calm down
The amount of posts having melt downs is really bothering me.


Feel free to goose step away in your jackboots and complain to your moral leader.

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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

Postby theluckycountry » Wed 04 Feb 2026, 21:50:33

Hodl. Just HODL you illiterate burger flippers


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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

Postby theluckycountry » Wed 04 Feb 2026, 22:23:29

Reddit assumption
Is this the actual bottom or are we dropping to $60k?

From the long term chart, $25k seems much more likely. That's if it follows the patterns of all the other crashes.
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

Postby AdamB » Thu 05 Feb 2026, 00:05:30

$this->bbcode_second_pass_quote('theluckycountry', 'H')odl. Just HODL you illiterate burger flippers


As compared to Aussies that can't get out of high school and adore their neoNazi buddies.

CSIRO doesn't come to America to talk to burger flippers. Hell, they don't even come to Queensland to talk to anyone you have ever known, or are related to, or have ever heard of. They come to America to talk to scientists they want to learn from. Because even your rocket scientists just...suck.
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

Postby theluckycountry » Thu 05 Feb 2026, 07:01:46

$70,722
Where lambo :(
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

Postby AdamB » Thu 05 Feb 2026, 08:44:42

$this->bbcode_second_pass_quote('careinke', '
')lucky,

Of course I don't think this thread is just for me. Unlike the Deathocrats in my country, Australia, China, and most other socialist countries, I am a strong believer in free speech. Although I do not think most of the Peakoil.com members have been Orange Pilled yet. So, that pretty much leaves you and me in the discussion, a crypto believer and a crypto sceptic. I hope it is providing the other readers on this thread some entertainment. :)


Indeed. Without silly islanders with no purpose other than serving the Crown and those peak oilers based in Europe, this place would be pretty bland. But the crypto conversations have been....partially educational. Glad you've been able to get in early and make it work.
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

Postby theluckycountry » Thu 05 Feb 2026, 15:58:30

HOLY SHIT!!!

$65,923

Shit just got real. Like Kazam, smackdown, loss of all faith in "the dip" theory surely.
I can't imagine the margin calls across the World regarding this, but they will be mostly, probably exclusively, in America, the land of the Bubbles. Saylor Moons empire? No idea and I fear to look.

On January 15, 2026, BTC was just under $100k. Now 3 weeks later it's all unwinding. Gold and Silver are still correcting, I say correcting, not crashing because they are still going sideways. The DOW et el are dipping but that's the oil tanker fleet and they lag, but when they sink, look out below!

There was a Big drop in PM prices just prior to the GFC, I remember it well, it was quite a smackdown. Are we on the brink? Hmmm. Glad I took my profits, extra glad!
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

Postby theluckycountry » Thu 05 Feb 2026, 16:23:51

8.2 million subscribers and posts of late didn't attract much attention. Now a 2 hour old post has 271 comments.

a major turn-off
$this->bbcode_second_pass_quote('', 'S')eriously, this subreddit needs to learn to think critically. Stop simping for BTC just out of principle and start treating it like a financial asset, not a religion. The echo chamber is getting exhausting. Don't get me wrong, I’m a heavy BTC holder. But man, every time I open this sub I start doubting my investment.

Why does most of the talk here sound like a Karen’s inspirational Facebook feed? For almost any other asset, people actually discuss fundamentals, critique trends and analyze risks. Here? It’s mostly nutballs posting motivational quotes and proverbs like I’m at a cult recruitment meeting. geez.

A deluded, but sane hodler obviously.
https://www.reddit.com/r/Bitcoin/commen ... r_turnoff/

The comments go on the say "Oh well that's reddit." But it's not just reddit, a watch of any Michael Saylor video will give you the same shite. My favorite comment?
$this->bbcode_second_pass_quote('', 'T')he only reason I follow this sub is as a general sentiment indicator. Otherwise its full of apes

Which is why I pop in at these moments in history. BTC market cap is only 1.3 Trillion, just one large US corp basically. It could vanish tomorrow and no one would care but the hodlers. Still it's a bellweather of IT, of AI even.

Let's see what the coming days bring shall we.


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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

Postby AdamB » Thu 05 Feb 2026, 21:54:16

$this->bbcode_second_pass_quote('theluckycountry', '
')Shit just got real.


Indeed. Several months ago. Australians tried to pretend they had rocket scientists. Turns out even when someone with the corrupted DNA of Lucky makes it out of hgh school....they still can't do spit.

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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

Postby theluckycountry » Fri 06 Feb 2026, 00:14:54

Bitcoin wrapper Strategy Inc Class A shares
$106
That's down from $455 in July 2025. A train wreck.

Bitcoin treasury Strategy posts $12.4b Q4 loss but Saylor tells investors not to panic
Guy needs to work on his personal hygiene, look at the hair hanging over the ears, and those teeth :oops:

Image
MSTR stock is currently down 75% from its peak last July of nearly $435.
But investors need to zoom out, Le said, Blah Blah Blah. Zoom out to see the bankruptcy?

*Yawn* Time for a nap, always a nap after a ride down to the bike shops.
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

Postby theluckycountry » Fri 06 Feb 2026, 07:28:13

Panic as Bitcoin crisis escalates and value plunges in half. Crypto geeks see entire fortunes vanish… or worse
$this->bbcode_second_pass_quote('', 'B')itcoin was once promoted as a safe place to park money during inflation scares and global turmoil - similar to gold. That promise has not held up. Instead, the cryptocurrency has largely moved in the same direction as risky assets like stocks, rising when markets are booming and falling when fear sets in.

Bitcoin’s brutal crash deepened Thursday as the price fell below $67,000, wiping out fortunes and shattering claims it was ‘digital gold’. The world’s biggest cryptocurrency has now lost nearly half its value since peaking just above $126,000 in early October, leaving many small investors nursing heavy losses.

...and some investors end up worse off than broke, having borrowed money to buy crypto and still owing cash even after their savings have been wiped out. The slump has also hit some big Wall Street-listed companies that tied their fortunes directly to bitcoin.
https://www.dailymail.co.uk/yourmoney/a ... wiped.html
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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