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PeakOil is You

PeakOil is You

Bitcoin & crypto? Pt. 3

Discussions about the economic and financial ramifications of PEAK OIL

Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Thu 20 Nov 2025, 17:55:26

$40,000 down

Image

Just imagine the margin calls that wiped out all those wannabe squillionairs
They go in 2-to-1, 3-to-1, now this. Poor bastards.

Bet the suicide hotline is doing a roaring trade!
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 20 Nov 2025, 22:16:58

$this->bbcode_second_pass_quote('theluckycountry', '[')color=#FF0000]$40,000 down[/color]


No word from Careinke yet. As for the kangaroo riders who post..... <yawn>
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 » Fri 21 Nov 2025, 07:42:32

$this->bbcode_second_pass_quote('theluckycountry', '[')size=150]$99.6k[/size]
Bitcoin and Tarot, anyone?

Wow, those were the days hey.

$82,700

And today. Ten thousand dollars lost, in a single day. In a single day FFS :oops:
Did it ever crash that fast before?

$this->bbcode_second_pass_quote('', '1')6 hours ago — Analyst warns Bitcoin could drop to $10K, as price crashes to $86K · Bitcoin could crash to $10K if 2018 pattern repeats, warns Bloomberg analyst.


Google boss warns 'no company is going to be immune' if AI bubble bursts

This could be it!
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 » Fri 21 Nov 2025, 07:49:55

Tuck this one in your archives.

We Asked 4 AIs if Bitcoin (BTC) Will Crash to $50K Before the End of 2025
https://cryptopotato.com/we-asked-4-ais ... d-of-2025/
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 » Fri 21 Nov 2025, 07:54:48

Someone over on reddit gets it.
$this->bbcode_second_pass_quote('', 'I') assigned 10% of my portfolio to IBIT a year ago hoping to add to its diversification. Now it seems that bitcoin is more of a market amplifier than a diversifier. If AI bubble bursts, bitcoin gets decimated, or so a lot of people say. Is bitcoin mostly amplifying general market trend now?

That'll be a tough one for the burger flippers to get their heads around
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 » Fri 21 Nov 2025, 16:40:42

$this->bbcode_second_pass_quote('theluckycountry', '
')Did it ever crash that fast before?


Dunno. Don't care. Don't own any. Why do you care? Or are you so stupid you can't look up the answer to your own question?
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 » Fri 21 Nov 2025, 20:00:24

Saylor must have kept some cash aside to bid it back up, now it's only

$40,000 down

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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 » Fri 21 Nov 2025, 20:03:09

Stay safe out there Inke, thinking of you

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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 » Fri 21 Nov 2025, 23:26:43

$this->bbcode_second_pass_quote('theluckycountry', 'S')tay safe out there Inke, jealous thinking of you


Fixed it for you Unlucky.
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 » Sat 22 Nov 2025, 08:43:56

Still no Inke? Just the troll, as always.
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 23 Nov 2025, 00:20:04

$this->bbcode_second_pass_quote('theluckycountry', 'S')till no Inke?


Careinke will show up sometime. While cowards from banana-bending land can't respond to any challenge to their uneducated , bad logic and idiot parroted ideas, Careinke suffers no such crippling mental and psychological disorders, and best of all isn't an admitted neo-nazi.
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 23 Nov 2025, 05:07:49

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 23 Nov 2025, 15:54:55

So how is your son? Or is this Australian representation of Australian fathers accurate?

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 » Sun 23 Nov 2025, 20:32:07

$this->bbcode_second_pass_quote('', '&')quot;Rich Dad" Kiyosaki Sells His Bitcoin Amid Market Crash
Kiyosaki Sells days after he had insisted he “would not sell” as Bitcoin extended its November slump.
Kiyosaki confirmed on Nov. 21 that he sold roughly $2.25 million worth of Bitcoin at about $90,000, a move first reported by The Street. He described the redeployment of capital into two surgery centers and a billboard business


Wise man. One should always take gains in a bull. He didn't sell all, and he didn't need to tell the world either, but there it is. I wonder what Saylor is doing? He must have an exit plan as far as his own personal finances go, Adam whoever of WeWork did, he walked off with nearly a Billion, he was another smart snake oil salesman. Personally I don't regard Saylor as smart. His company went nowhere for decades until he placed a big bet on BTC. The meme seems to colonize their brains and they can't think of anything else after that. Moon, Lambo, diamond hands and starry eyes.

BC slowly giving up it's weekend gains as the stock market open approaches. I've heard chatter of a Black Monday. Let's see, exciting stuff :)
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 23 Nov 2025, 20:45:47

$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('', '&')quot;Rich Dad" Kiyosaki Sells His Bitcoin Amid Market Crash

Wise man.


How would you know? You've been claiming the entire things a sham, and now someone makes a killing proving you a liar there is no gain to be had) the entire time you've been whining about tomorrows crash as it went higher and you don't think there are others as well? Like those who tipped the entire thing into a decline?

You are a parrot. When things go down, you proclaim your crash. When they go back up, you say they are going to crash the whole time. And pretend the next downdip is another crash. Rinse and repeat is all you've got.

What are you going to tell Careinke on the next upswing? We all know. That the sky is falling.

Can't you at least learn from at LEAST this website. Go back. Look at what peak oil was supposed to do in 2005-2008. Decades ago. Then go get some historical data. FIrst figure out that the global peak took more than a decade after that to finally show up. And then nobody, not even the uneducated sheep like you, noticed.

Learn from your mistakes....otherwise...you will always just be what you were the day you quit high school. Which is to say, just what you are today.
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 23 Nov 2025, 21:52:21

Over on reddit someone bought the bitcoin dip and now they're celebrating!

https://packaged-media.redd.it/szcgpjtp ... 95bc86e818
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 » Sun 23 Nov 2025, 21:57:43

Someone posed an honest question, and got an honest answer.

Q. How many Bitcoin do you guess we're sold at 6pm tonight to drop the price $2k in one hour?
A. CME opened, Asian markets opened. It's still very low trading volume compared to when the NYSE opens tomorrow, but it's the beginning of the trading week.
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 11 Dec 2025, 20:09:59

$this->bbcode_second_pass_quote('theluckycountry', 'S')omeone posed an honest question, and got an honest answer.


Indeed. And their answer was, "yes, our children can pick food off a menu, what kind of cretin pretends to know something about oil and can't do the same?".
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 » Fri 12 Dec 2025, 09:12:34

Well it's official, Buttcoin and the DOW are uncoupled. Both had a nasty low on Nov 20, but the DOW and the Nasdaq have recovered, the DOW to a new all time high. BC though has floundered along with an average around $89k, well below it's recent high, and well below its All time high of $125k back on Oct-7.

In mid Nov-2021 both these digital markets, Stocks and BC, make their (then) all time highs and entered their bear markets. I've detailed this correlation often enough here, it is was the defining factor. Why the change now? Well if you look at the DOW or the NAS you'll see that over the decades the companies that make them up change. There is a constant churn as old dogs are replaced by rising stars. BC, and the whole crypto market for that matter is basically "one company" one concept. They did well for about 10 years but it appears that now their days are over.

These early adopters became millionaires, the rest, Baghodlers

Image

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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 » Fri 12 Dec 2025, 09:32:30

Dec-12-2025
TerraUSD creator Do Kwon sentenced to 15 years over $40 billion crypto collapse
$this->bbcode_second_pass_quote('', 'D')ressed in yellow prison garb, Kwon addressed the court and apologized to his victims, including the hundreds who submitted letters to the court describing the harm they had suffered. "All of their stories were harrowing and reminded me again of the great losses that I’ve caused. I want to tell these victims that I am sorry," Kwon said.

Ayyildiz Attila, one of the hundreds of victims who submitted letters to the court, said he lost between $400,000 and $500,000 in the collapse. My savings, my future, and the results of years of sacrifice disappeared. I struggled to keep up with payments and responsibilities, and everything I had worked for was erased," Attila said.
https://www.reuters.com/legal/governmen ... 025-12-11/

And that's what you coinheads are facing. Everything you worked for for years, Erased!
$this->bbcode_second_pass_quote('', 'U').S. Attorney Jay Clayton in Manhattan said in a statement following the hearing that Kwon devised elaborate schemes to inflate the value of his cryptocurrencies and fled accountability when his crimes caught up to him.

Well BC has no CEO as they say, no one to blame! But shills like Michael Saylor sort of fit the bill. You know he's pulled Billions out of his company strategy, sold the shares in the boom time, squirreled the money away who knows where? He preaches BC because people buy shares in Strategy, the lazy hodler's way to own the crypto. lazy, and seemingly more secure than the exchanges that are prone to getting hacked. The gullibility of the public is Legion.
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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