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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 AdamB » Fri 06 Feb 2026, 10:47:34

$this->bbcode_second_pass_quote('theluckycountry', '[')b]Panic as Bitcoin crisis escalates and value plunges in half. Crypto geeks see entire fortunes vanish… or worse


Sounds bad. Good thing I don't have any, but Careinke has his reasons, same as the PM bugs do. Plus, as with all of us lucky enough to get in early (like when I bought cheap gold and the PM geriatrics around here all bought expensive gold) he has more headspace to operate in than others.
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 06 Feb 2026, 20:09:03

A bounce in the DOW, over 50k now. Impressive, ludicrously impressive. One giant bubble tide tugging all boats higher. When's the SpaceX ipo?
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 06 Feb 2026, 22:01:02

$this->bbcode_second_pass_quote('theluckycountry', 'A') bounce in the DOW, over 50k now. Impressive, ludicrously impressive.


The exceptional gotta for what the exceptional do.

You just keep up support for your countries Olympians, and maybe in another century you'll breed someone who can...build a car?
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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