Bitcoin is Dead

[Castle2.0]

https://www.bitcoinisdead.org/

Will your hot take make the cut?

[robayon]

what is dead may never die or some shit

[GinnasP99]

-28,000 in red is bad right?

Ohh P.S. money is fake, seek God's kingdom and his righteousness, and all things (that you actually need) will be added unto you.

Have a great evening.

[Kaveh]

All you post about is trump and Bitcoin

Get a girlfriend dude Christ almighty

[Mblake1981]

Zoroaster Bless!

Hell's wind and incantations
Summon living fire

[Castle2.0]

All you post about is trump and Bitcoin

Get a girlfriend dude Christ almighty

Nice one, gave a courtesy kekw for your lack of awareness. Try the search feature ;)

Also, enjoy being poor.

[magnetaress]

Can't even read that graphic. Castle you are not a very good debater. I apologize. I just can't take much of what you say seriously. It's not about disagreement or agreement for me. I just don't think you understand how to debate properly.

[robayon]

He's just upset he made a stupid investment and is trying to get more people in on the grift to make the investment slightly less stupid

Not even worth extended mockery

[Jibartik]

reminder, if bitcoin dies so does the world.

There is no reason for bitcoin to fail, if the worlds economy is flourishing.

So you either back the world, or you believe it's the end of days.

[Tewaz]

Castle I took your advice and bought at $40,000. Help me prophet of P99.

[Jibartik]

Either we all die tewaz or it will work out in the long run, hold! (or become mind and body slaves of the alien overlords)

[Evia]

Ohh P.S. money is fake, seek God's kingdom and his righteousness, and all things (that you actually need) will be added unto you.

Have a great evening.

[Castle2.0]

Castle I took your advice and bought at $40,000. Help me prophet of P99.

Hold for at least 4 years from when you bought. Number go up.

Anyone who says otherwise has ~13 years of history telling them they are wrong.

[Jibartik]

haha in 4 years bitcoin will be the basis of the 1 world currency and we'll all be wearing shock collars.

https://i.imgur.com/8nrM4zl.png

[Castle2.0]

He's just upset he made a stupid investment and is trying to get more people in on the grift to make the investment slightly less stupid

Not even worth extended mockery

I know you are, but what am I?

In 4 years you will look like an idiot (see images below) and I'll look like a genius per usual ;)

Also, I didn't buy the top dummy. I follow MVRV Z-score and buy/sell accordingly. Easiest trade ever.

Most people, like you, have no vision. This is why they don't start companies, invent things, or multiply their wealth. Until you see this, you're stuck.

[Jibartik]

Those are good charts, but what happens when:

https://i.imgur.com/Pgl8Rsn.png

[Mblake1981]

haha in 4 years bitcoin will be the basis of the 1 world currency and we'll all be wearing shock collars.

I was looking for some change over the weekend and realized there is none in my home, only a debit. Change already happened and its always for convenience.

[Castle2.0]

Those are good charts, but what happens when:

https://i.imgur.com/Pgl8Rsn.png

When Christ returns Proverbs 11:4 will be quite meaningful.

"Riches do not profit in the day of wrath, but righteousness delivers from death."

Interestingly...

Poor people plan for today
The middle-class plan for college for kids + retirement
The ultra-wealthy plan for multi-generational wealth
Christians plan for eternity

What's your time horizon? Further out = wealthier

Another worthwhile verse:

Do not lay up for yourselves treasures on earth, where moth and rust destroy and where thieves break in and steal, but lay up for yourselves treasures in heaven, where neither moth nor rust destroys and where thieves do not break in and steal. For where your treasure is, there your heart will be also.
Matthew 6:-19-21


9tRSGfBt1Vk

Besides fractional reserve fiat currencies being incredibly prone to moral hazard, they themselves are an abomination.


You shall have just balances, just weights, a just ephah, and a just hin: I am the Lord your God, who brought you out of the land of Egypt.
Leviticus 19:36


*queues up fools to come with out-of-context quotations and a lack of basic biblical understanding such as proper exegesis and context*

My primary interest in Bitcoin isn't a lambo. Yellow Ferrari? Nay.

Honest money is better for humanity. Nothing wrong with accumulating money - but how you do it and what you do with it is what counts.

What is wrong with money? Dishonest scales and moral hazard. Our current system is rife with it.

w0bNPPiTU30

[Jibartik]

Poor people plan for today
The middle-class plan for college for kids + retirement
The ultra-wealthy plan for multi-generational wealth
Christians plan for eternity

fuck yea man

[Topgunben]

Bitcoin is nothing special save for its critical mass and notoriety. I believe the more saturated the market gets with alternative viable cryptos, the more diluted BTC's value will be.

Would be nice to see it work well and succeed though. Im not against it, I just dont see it breaking $500,000 like some dingle dorf said on the TV the other day.

[Jibartik]

in 6 years 500k will feel like 500 bucks.

[Castle2.0]

Bitcoin is nothing special save for its critical mass and notoriety. I believe the more saturated the market gets with alternative viable cryptos, the more diluted BTC's value will be.


USD is nothing special save for its critical mass and notoriety. I believe the more saturated the market gets with alternative national currencies, the more diluted USD's value will be.

Re-read that ^ and now you know why you don't believe that is true of USD and why you shouldn't believe it's true of BTC. If you don't know why Bitcoin isn't being challenged by other cryptos to be "money" it's because you don't understand Bitcoin. Learn more.

[peterpal]

Bitcoin was made to be used as currency not a speculative asset for the rich. When it's stupidly high and network is congested you pay high fees and it's slow ergo not usable as a currency. On April 21 2021 the fee to send any amount was $62. Send someone $1 and you pay $62 fees. Great deal.

Just saying as someone who bought in 2014 after the mtgox crash and was aware of it even earlier but it was a hassle to buy then. I really dislike the new age crypto/tech bros and Elon worshippers that try to bring crypto into every conversation and don't even feel bad he scammed you into buying doge

[Castle2.0]

Bitcoin was made to be used as currency not a speculative asset for the rich. When it's stupidly high and network is congested you pay high fees and it's slow ergo not usable as a currency. On April 21 2021 the fee to send any amount was $62. Send someone $1 and you pay $62 fees. Great deal.

Just saying as someone who bought in 2014 after the mtgox crash and was aware of it even earlier but it was a hassle to buy then. I really dislike the new age crypto/tech bros and Elon worshippers that try to bring crypto into every conversation and don't even feel bad he scammed you into buying doge


Lightning Network (LN). Send Bitcoin instantly for almost free on Layer 2 of the bitcoin blockchain. Learn more here: https://lightning.network/ This is what will allow Bitcoin to be used as a currency. Pssst, this is what El Salvador is using.
If you want Layer 1 settlement (sending bitcoin on the bitcoin network) it's right now $0.06 to $1.60, depending if you want it sent in ~10 minutes to 4 hours. In the future, people will use Layer 2 solutions like LN for daily transactions. Layer 1 settlement will only be for large amounts or important transactions like mortgages.
I have been in crypto longer than you and most people for that matter. Not going to share my bitcointalk forum handle and dox myself, sorrynotsorry.
If you buy a dog-themed coin you deserve to get hosed
There are YUGE opportunities in DeFi, just like tech stocks in the late 90s. Most will fail. Most people will get hosed. Just buy BTC and HODL unless you actually want full-time employment researching/investing in crypto.

[Evia]

When Christ returns Proverbs 11:4 will be quite meaningful.

"Riches do not profit in the day of wrath, but righteousness delivers from death."

Interestingly...

Poor people plan for today
The middle-class plan for college for kids + retirement
The ultra-wealthy plan for multi-generational wealth
Christians plan for eternity

What's your time horizon? Further out = wealthier

Another worthwhile verse:



9tRSGfBt1Vk

Besides fractional reserve fiat currencies being incredibly prone to moral hazard, they themselves are an abomination.



*queues up fools to come with out-of-context quotations and a lack of basic biblical understanding such as proper exegesis and context*

My primary interest in Bitcoin isn't a lambo. Yellow Ferrari? Nay.

Honest money is better for humanity. Nothing wrong with accumulating money - but how you do it and what you do with it is what counts.

What is wrong with money? Dishonest scales and moral hazard. Our current system is rife with it.

w0bNPPiTU30

Bro I love that you just shared a Thrice song. I thought of that song as soon as I read the Bible passage and was stoked to see you follow it up with that track. Vheissu by Thrice is top tier.

[Kaveh]

Lightning Network (LN). Send Bitcoin instantly for almost free on Layer 2 of the bitcoin blockchain. Learn more here: https://lightning.network/ This is what will allow Bitcoin to be used as a currency. Pssst, this is what El Salvador is using.
If you want Layer 1 settlement (sending bitcoin on the bitcoin network) it's right now $0.06 to $1.60, depending if you want it sent in ~10 minutes to 4 hours. In the future, people will use Layer 2 solutions like LN for daily transactions. Layer 1 settlement will only be for large amounts or important transactions like mortgages.
I have been in crypto longer than you and most people for that matter. Not going to share my bitcointalk forum handle and dox myself, sorrynotsorry.
If you buy a dog-themed coin you deserve to get hosed
There are YUGE opportunities in DeFi, just like tech stocks in the late 90s. Most will fail. Most people will get hosed. Just buy BTC and HODL unless you actually want full-time employment researching/investing in crypto.


El Salvador is approaching Sri Lankan levels of insolvency because of Bitcoin and president Habib or whatever his name is

Great point to make here, Jesus

[Castle2.0]

Never said I agreed with forcing people to use bitcoin. Bitcoin is a long-term store of value, it's not a unit of account for day-to-day transactions yet.

It's pretty simple. Put the money that you don't need today in bitcoin. Hold it for at least 4 years. If you're putting in the money you may need in the next 4 years, you'll become a forced seller and potentially lose money.

It's not rocket science, but I doubt few of you geniuses will do it ;)

[Reiwa]

El Salvador is approaching Sri Lankan levels of insolvency because of Bitcoin and president Habib or whatever his name is

Great point to make here, Jesus

And LN has been promoted since like 2016 or whenever that crazy speculative high was.

4-6 years have passed and bitcoin is still trash as a currency.

[Castle2.0]

And LN has been promoted since like 2016 or whenever that crazy speculative high was.

4-6 years have passed and bitcoin is still trash as a currency.

So is gold and TSLA and true love. Worthless.

The internet has been raved about by a few loonies since the 70s. It'll never catch on.

[Reiwa]

So is gold and TSLA and true love. Worthless.

xhlhDuOukKs

[Castle2.0]

Bernanke is a joke, just like Yellen. I'll pass and assume he said something dumb or nothing meaningful at all. Cheers.

[Jibartik]

I really liked that guy that makes ADA talking the other day, that video was cool.

let me find. I bought some ada cus its dirt cheep and that guy seemed really cool.

gvHbUlX0164

[Reiwa]

Bernanke is a joke, just like Yellen. I'll pass and assume he said something dumb or nothing meaningful at all. Cheers.

Hypocrite that you are, promoting alternative currencies while too timid to watch a youtube video. Will you fight? Or will you perish like a dog?

[Tearrah]

Bitcoins are the Baseball Cards for ppl who think they are smart

[Jibartik]

I actually knew this smart kid who got straght A's and was in lke all the gifted classes and he used to talk to me about his baseball collection and how much money its worth and why its so valuble and I would be like what the fuck are you talking about dude we play nintendo and I like elves i would never want to look at pictures of bullies and he was like no no its like a comodity and all the parents thought he would really amount to something one day and if they only knew i was on p99 having meltdowns they'd be so jealous of how far i came compared to judge Harbert.

[Tearrah]

I actually knew this smart kid who got straght A's and was in lke all the gifted classes and he used to talk to me about his baseball collection and how much money its worth and why its so valuble and I would be like what the fuck are you talking about dude we play nintendo and I like elves i would never want to look at pictures of bullies and he was like no no its like a comodity and all the parents thought he would really amount to something one day and if they only knew i was on p99 having meltdowns they'd be so jealous of how far i came compared to judge Harbert.

wtf is wrong with you.. do u admit or deny it ?

[Jibartik]

lol admit or deny what?

[Kaveh]

I sense a troll is among us

[Tearrah]

Scroll up

[Tearrah]

u fuckers think u own u this forum .. well u dont

[Jibartik]

Im quite proud of that attempt at some fresh copypasta terrah what do I need to admit?

[Tearrah]

u are the Troll

[Tearrah]

u are the Troll

everyday

[Tearrah]

post counts are a stat conneced to u we dont care

[Jibartik]

Im sure this Terrah account is legitimate.

[Tearrah]

yeah it is

[Jibartik]

oh, im sure

[Tearrah]

wtf is your problem. do u hate yourself or others more?

[Jibartik]

I dont understand why you are upset at me lol I have no idea what you are on about.

[Tearrah]

U need help dude

[Jibartik]

Everyone needs a little help sometimes.

[Tearrah]

get off the forum u making yourself look silly

[Jibartik]

I am though.

[Reiwa]

I sense a troll is among us

My gaydar has not detected this energy signature before.

[Tearrah]

yawn

[Skarne]

My gaydar has not detected this energy signature before.

Haha

[Tearrah]

thats kinda Sexist.. Biden would not approve of the word GayDar

[Reiwa]

thats kinda Sexist.. Biden would not approve of the word GayDar

Bully for him but I don't see how it's sexist.

[Tearrah]

Bully for him but I don't see how it's sexist.

ask a real Liberal then

[Tearrah]

Go walk around your workplace and say My Gaydar is on... thata assuming u ppl have a job.. do that.. and see what reaction u get

[Tearrah]

My gaydar has not detected this energy signature before.

this piece of shit

[Reiwa]

Go walk around your workplace and say My Gaydar is on... thata assuming u ppl have a job.. do that.. and see what reaction u get

Do you talk to your wife the same way you talk to a cop?

[Tearrah]

Fucking idiots

[Tearrah]

Do you talk to your wife the same way you talk to a cop?

I dont have 2 U must have that problem

[Reiwa]

I dont have 2 U must have that problem

Different social settings have different norms and expectations. This is the online cyberspace.

[Tearrah]

Different social settings have different norms and expectations. This is the online cyberspace.

Fucking kill yoursef

[Tearrah]

Different social settings have different norms and expectations. This is the online cyberspace.

That was like the most lame ass response ever

[Reiwa]

Fucking kill yoursef

Make me.

[Tearrah]

Make me.

That was on my part stupid comment .. sorry

[Castle2.0]

Bitcoin.

[Tearrah]

Bitcoin.

Yawn who Fucking cares

[Jibartik]

https://2050.earth/predictions/one-world-currency

[Tearrah]

Yeah an Phillip Dick had it Correct all the time )

[Reiwa]

That was on my part stupid comment .. sorry

PPSMTrOw100

[Castle2.0]

El Salvador is approaching Sri Lankan levels of insolvency because of Bitcoin and president Habib or whatever his name is

Great point to make here, Jesus

Source?

As far as inflation, they aren't even on the 15%+ list

[Tearrah]

Reiwa are you Jibs sex toy?

[Tearrah]

Are u his Dildo?

[Castle2.0]

Kaveh got El Salvador confused with Venezuela.

[Reiwa]

Reiwa are you Jibs sex toy?

I should be so lucky. (https://www.youtube.com/watch?v=gwrzj_oMZ7c)

[Tearrah]

I should be so lucky. (https://www.youtube.com/watch?v=gwrzj_oMZ7c)

are u a spitter or a quitter?

[Kaveh]

My gaydar has not detected this energy signature before.

Was that big J or formshifter?

What got him banned? Also, damn he revealed himself quick. What a dumb ass

[Kaveh]

Source?

As far as inflation, they aren't even on the 15%+ list

Do you think inflation is insolvency? Please stop giving out financial advice, Christ almighty

https://globalinsolvency.com/headlines/el-salvador-downgraded-after-missing-debt-payments

They will default and the IMF will have to save them once President bukkake gets curbstomped

[Reiwa]

Was that big J or formshifter?

What got him banned? Also, damn he revealed himself quick. What a dumb ass

Nobody known to us I think.

Reckon we best all behave for awhile though.

[Bardp1999]

OP should add "bitcoin millionaire" to his signature while he is on break from making sandwiches at Subway.

[Castle2.0]

Kaveh, whether they go insolvent or not is immaterial to the bitcoin value proposition. Getting overleveraged or down bad on one's cash flow is a personal finance problem, not a bitcoin problem.

Holding bitcoin over long periods of time will preserve or even grow your wealth. The turbulence along the way shakes out the greedy, the poor money managers, the fairweather fools, and the like. I love it.

Bard, nah, I only own 0.0000001 BTC. Do not spear phish me. Thank you.

[Castle2.0]

And LN has been promoted since like 2016 or whenever that crazy speculative high was.

4-6 years have passed and bitcoin is still trash as a currency.

BTW, the Federal Reserve Bank of Cleveland, your masters, disagree with you.

They released as a part of their working paper series a white paper: "The Lightning Network: Turning Bitcoin into Money"

https://www.clevelandfed.org/~/media/content/newsroom%20and%20events/publications/working%20papers/2022/wp2219.pdf


Abstract

The Lightning Network (LN) is a means of netting Bitcoin payments outside the blockchain. We find a significant association between LN adoption and reduced blockchain congestion, suggesting that the LN has helped improve the efficiency of Bitcoin as a means of payment. This improvement cannot be explained by other factors, such as changes in demand or the adoption of SegWit.

We find mixed evidence on whether increased centralization in the Lightning Network has improved its efficiency. Our findings have implications for the future of cryptocurrencies as a means of payment and their environmental footprint.


Listen to and obey your masters.

[Castle2.0]

You can only transfer at 56kbps. Live cinema in your own home? Dream on.

No vision.

[Nibblewitz]

Wait, something that doesn't have a purpose isn't valuable?

[Castle2.0]

Wait, something that doesn't have a purpose isn't valuable?

Haha, this guy doesn't know what bitcoin is or does, haha.

[nostalgiaquest]

Castle, I have a sincere question. And I ask as someone who owns a couple bitcoins; what is your opinion as to why the recent drop occurred? I’m lazy and don’t pay attention much.

[Castle2.0]

The macro:

The same reason everything is dropping: the central bank raised rates. It makes borrowing more expensive. This is supposed to slow spending. The stated goal is to bring inflation under control (officially at 9.1%, and supposedly they want 2%.)

The micro:

You also had some large over-leveraged entities rehypothecating capital. We're all geniuses in a bull run. When prices start to fall things unwind. These over-leveraged entities are forced to sell to recapitalize their loans/positions. The lenders holding these loans may go insolvent because they aren't being repaid by the risky borrowers who borrowed from them.

You can look up 3AC (3 Arrows Capital), Celsius, and BlockFi to name some. Oh and TERRA/LUNA. We had a big dip because they had a large BTC reserve they were forced to sell to try to keep the peg their "algorithmic stablecoin." I don't trust algo stablecoins. If I want to be in fiat, I use normal stablecoins like USDC, USDT, BUSD.

[Reiwa]

USDT

no

[Castle2.0]

o
n

[Castle2.0]

now go listen to your masters at the fed

[Reiwa]

now go listen to your masters at the fed

USDT is a scam. Sorry you acting like a lady on her monthlies, bro.

[Jibartik]

when is dogecoin gonna go to a dollar again

[Castle2.0]

USDT is a scam. Sorry you acting like a lady on her monthlies, bro.

Be a good boy and listen to your masters at the fed who are praising LN. Sorry, you can't handle being wrong.

[Jibartik]

Castle vs the fed!

Fi3RvBcHsdA

[Reiwa]

Be a good boy and listen to your masters at the fed who are praising LN. Sorry, you can't handle being wrong.

ysmLA5TqbIY

oZzgAjjuqZM

[Jibartik]

ysmLA5TqbIY

This is still better than the nuke prepairdness video from big shot New York

[Reiwa]

Castle vs the fed!

Fi3RvBcHsdA

i turned it off cuz too much teeth :(

Voted 3.

[Jibartik]

shes a bit teethy

[Kaveh]

i turned it off cuz too much teeth :(

Voted 3.

Lol’d

[Jibartik]

https://i.imgur.com/qU6W6i8.gif

[Castle2.0]

Krugman finally discovered a brain cell and an ounce of humility and admits he was wrong

"I Was Wrong About Inflation"

https://www.nytimes.com/2022/07/21/opinion/paul-krugman-inflation.html

[Tethler]

Tesla Dumps Bitcoin (https://www.bbc.com/news/business-62246367)

Last year, Elon Musk took to Twitter to outline Tesla's position on Bitcoin.

"Tesla will not be selling any Bitcoin".

Tesla shared the sale of the holdings as part of its regular quarterly update. It said Bitcoin was one of the factors that hurt its profitability.

lol'd

[Jibartik]

Did he just buy high and sell low?

edit: end of 21 LOL

[Castle2.0]

Elon capitulated. They needed cash so they sold Bitcoin. Sad to see forced selling. Gonna feel real bad in about 4 years.

[Tewaz]

Castle, I bought at $40k, what do I do?

[strongNpretty]

She got them Dubai Veneers for sure.

[Castle2.0]

Castle, I bought at $40k, what do I do?

see previous posts answering the question

[Castle2.0]

Bitcoin is down 30% since last year. Must be dead.

[Kaveh]

Investments like a retirement fund are measured over the course of a lifetime. 1-5 years is completely irrelevant. Anything you would need in that time frame should be in a high yield savings account or CD, not any type of investment

[Jibartik]

https://i.imgur.com/5epwMqa.png

[Zoolander]

bitcoin will be dead when every country on earth bans the trading of it.

you decide if this will ever happen.

[Castle2.0]

high yield savings account or CD

When "official" inflation is >9% but "high-yield" savings accounts are 1.5%.

You're getting wrecked pal. Google inflation, sheesh.

sCNrK-n68CM

[robayon]

When the eleven year old steps in and says to himself, "I think I can take my dad in a fistfight."

[Jibartik]

cant wait for the NWO stablecoin.

[Botten]

When "official" inflation is >9% but "high-yield" savings accounts are 1.5%.

You're getting wrecked pal. Google inflation, sheesh.



18287

[Kaveh]

When "official" inflation is >9% but "high-yield" savings accounts are 1.5%.

You're getting wrecked pal. Google inflation, sheesh.

sCNrK-n68CM

Damn bud you missed the point entirely

[Jibartik]

Just incase anyone wasnt sure if crypto wasnt made by satan & lucifier themselves:

Pearson, one of the world's largest publishers of academic textbooks, wants to turn e-book textbooks into NFTs, so it can make money every time they are resold. (https://www.siliconrepublic.com/business/pearson-textbooks-nft-blockchain-digital)

[Reiwa]

Just incase anyone wasnt sure if crypto wasnt made by satan & lucifier themselves:

Pearson, one of the world's largest publishers of academic textbooks, wants to turn e-book textbooks into NFTs, so it can make money every time they are resold. (https://www.siliconrepublic.com/business/pearson-textbooks-nft-blockchain-digital)

You will own nothing and you will be happy? :eek:

[Jibartik]

Im sure a globe of organized banks meeting regularly to work on non secret policy is just a conspiracy theory.

Why would banks support a system where everything is based on credit?

[Tethler]

Just incase anyone wasnt sure if crypto wasnt made by satan & lucifier themselves:

Pearson, one of the world's largest publishers of academic textbooks, wants to turn e-book textbooks into NFTs, so it can make money every time they are resold. (https://www.siliconrepublic.com/business/pearson-textbooks-nft-blockchain-digital)

Good lord, lmao.

Luckily college students are pretty saavy these days. I went back to school at 30 (about 10 years ago), and even then, students were sharing around PDF's of the textbooks to save each other money. I even had a couple professors suggest googling the PDF of their class textbook to download (as a study resource *wink wink*) because they knew it was readily available online.

[Jibartik]

I wonder if there is going to be a whole industry of like digital, physical products.

"you wouldn't download a car, because even though you can now that its 2060, the NFTs it's made of will tell us that you did and the drones will be sent to dispatch you."

[robayon]

the above post is if what you get if you trained a kamala harris bot to be pro-bitcoin

[Kaveh]

Bitcoin follows the course of American stock exchanges, this has been observed for a long time: during the growth of indices, the price of bitcoin also increases, and during the fall it decreases. My analysis skill after training did not let me down, Visit blog bhero.com (https://blog.bhero.com) in order to better understand the cryptocurrency. The downward trend in the US stock market is for a long time since the dynamics of inflation in the US promise a further increase in the Fed rate and, accordingly, a decrease in the quotations of the technology sector.

You are poor

[Jibartik]

Bitcoin follows the course of American stock exchanges, this has been observed for a long time: during the growth of indices, the price of bitcoin also increases, and during the fall it decreases

That feel when the bot is like 10x smarter than 10% the population :(

[Joshua21]

Only if you know how to invest properly. Otherwise, no!
But before you learn how to invest in certain assets, you first need to understand what to invest in. Right now, the best choices are either stocks or cryptocurrencies. Personally, I can recommend the second option because it is much more volatile and will potentially bring you more income, but you also run the risk of losing a lot!
After you learn how to invest properly, I advise you to buy bitcoins with debit card no verification (https://j2tx.com/buy-bitcoin/without-id). But don't forget about risk management and money management! Otherwise you run the risk of losing a lot!

[Jibartik]

eKAJ8VEzimw

[Castle2.0]

You are poor

And you are an idiot, because he is an actual bot. Just like Joshua21 ^ lol

Jibartik, you don't review a BTC buy after 1 year. 4-year mininum.

[Jibartik]

in 4 years we'll all be dead!

[Reiwa]

And you are an idiot, because he is an actual bot. Just like Joshua21 ^ lol

Jibartik, you don't review a BTC buy after 1 year. 4-year mininum.

Much like Mr Ulbricht, Castle2.0 is a bitcoin lifer. :p

[Kaveh]

And you are an idiot, because he is an actual bot. Just like Joshua21 ^ lol

Jibartik, you don't review a BTC buy after 1 year. 4-year mininum.

You have no money and you’re making bad financial decisions

I am rich and started with nothing and have never made a mistake

Hope this helps. I’m trying to help you

[Kaveh]

eKAJ8VEzimw

I don’t click YouTube links or use google, plz give me to TLDR. El Salvador insolvent yet?

[Reiwa]

I don’t click YouTube links or use google, plz give me to TLDR. El Salvador insolvent yet?

Most people only got on the government bitcoin website for the free 3 days wages they gave out for doing so.

80% of stores still don't accept it.

Some insanity about volcanos.

One guy has an easier time paying his energy bill with it.

Something about international remittance fees.

Bitcoin guys don't get invited to Thanksgiving.

[Encroaching Death]

I invested $25k into crypto back in 2017.

Gonna cash out at the next bull run and invest in real estate instead.

Tired of crypto. I'm lucky enough to have a rich ass uncle who's willing to help the family out by letting them get in on some sweet investment opportunities.

Meanwhile all the 600 sq ft homes around me start at $1 Million because people won't stop moving here.

LET ME BUY A HOUSE IN MY HOME TOWN, YOU FUCKS

[MrSparkle001]

Bitcoin bad for environment. Ether better for environment.

News at 11.

[Jibartik]

LET ME BUY A HOUSE IN MY HOME TOWN, YOU FUCKS

We do not live in a sustainable economic system.

Flat out, you cant. You wont be able to. And your kids will have as much less of an oppotunty to do so, as you do compared to your parents, compared to you.

we reached capacity for our economy like 20 years ago, and we saw what happened, we pushed it further and it collapsed.

Right now a home in your home town is 300% more for you, than it was for your parents, and for your kids it will be 1000% more for them.

Again, not inflation, the value of your dollar now compared to the value then. Homes, after inflation, are 300% more than they would be if you were born 50 years earlier.

Our. Economy. Is. Not. Sustainable.

It flat out does not work. Full stop. It failed like 15 years ago.

It.

Doesn't.

WORK!

The math does not add up.

There is no future here. None.

That's why they say you wont own anything. Because ownership in this system (this capitalist system) IS NOT SUSTAINANABLE.

They know this, they've run the numbers. The math proves it.

In the future, you wont own anything, because there will be nothing left to own because there is no more room.

Period.

The onlyl option people have today is to move away from places where people want to live, and to try to enjoy living in Death Valley.

[Reiwa]

The onlyl option people have today is to move away from places where people want to live, and to try to enjoy living in Death Valley.

Plenty of room if the federal gives up some of its ill gotten territories.

Oh god I think I Malheur-pilled myself. :confused:

[Jibartik]

no we built the cities where we built them because the geography not because of random choice.

Moving to some shitty part of the country because you cant afford to live in your home town is FAILED FAIL FAIL FAIL FAILED EXPERMENT SYSTEM

Historically people move from their dead end home towns to new and better places, not the other way around.

[Encroaching Death]

Plenty of room if the federal gives up some of its ill gotten territories.

Oh god I think I Malheur-pilled myself. :confused:

There's ton of desolate land (native territory) in the fly over states.

We can dredge out a river system and start a city.

[Jibartik]

Nobody wants to "move to" a manufactured shithole in the center of a dry bowl because the weather sucks there.

You guys sound like the friggen CCP right now, what are they doing?

https://i.imgur.com/8Ikjh4I.png

You dont just build cities because you're overpopulated. People build cities because they want to live there.

You just "build cities" this is what happens.

https://i.imgur.com/tPd81VC.png

[Reiwa]

There's ton of desolate land (native territory) in the fly over states.

We can dredge out a river system and start a city.

https://resources.flexera.com/web/revulytics/cdn2/58005893.jpg

[Encroaching Death]

Nobody wants to "move to" a manufactured shithole in the center of a dry bowl because the weather sucks there.

We could bulldoze San Francisco and repopulate with normal, functioning people (dog whistle for 'get rid of the homeless').

San Francisco Revamp 2.0 Era (late 2001)

[Reiwa]

We could bulldoze San Francisco and repopulate with normal, functioning people (dog whistle for 'get rid of the homeless').

San Francisco Revamp 2.0 Era (late 2001)

I got in trouble on reddit last night for giving some young twerp directions to the local homeless camp when he posted about looking for a party.

[Jibartik]

If liberalism/socialism worked we'd have some pretty amazing high tech homeless mental hospitals completely paid for by their communities in that area.

Since that is literally the design of the system we have in this country, a commitment that the communities would take care of the mentally ill after we shut down the hospitals.

But in that socialist, technocratic, wealth utopia, they just try to eat avocados without seeing them lol

[Encroaching Death]

I got in trouble on reddit last night for giving some young twerp directions to the local homeless camp when he posted about looking for a party.

I don't care what I've said about you in the past - you're a good man.

[Reiwa]

I don't care what I've said about you in the past - you're a good man.

Nah, I was just trying to be funny.

[Encroaching Death]

Nah, I was just trying to be funny.

Goddammit. You gave me hope.

[Kaveh]

no we built the cities where we built them because the geography not because of random choice.

Moving to some shitty part of the country because you cant afford to live in your home town is FAILED FAIL FAIL FAIL FAILED EXPERMENT SYSTEM

Historically people move from their dead end home towns to new and better places, not the other way around.

Heard of Cheyenne, wyoming?

All about affordability

[Jibartik]

Heard of Cheyenne, wyoming?

All about affordability

What are you suggesting CCP population relocation programs? See page 15.

[Reiwa]

Goddammit. You gave me hope.

It did happen I didn't mean I was lying on here.

On topic - why El Salvador needed to solve their remittances problem with BITCOIN!!!

Trump clamps down on El Salvador's 'lifeline' (https://money.cnn.com/2018/01/08/news/economy/el-salvador-remittances/index.html)

Salvadorans in the United States sent home a record amount of money in 2016, and the totals from 2017 are on pace to break the record.

From January through November, Salvadorans sent home $4.51 billion in remittances, according to the country's central bank. For all of 2016, Salvadorans mailed $4.57 billion to family and loved ones.

That's a huge sum for a relatively poor country of 6 million people. The entire economic output of El Salvador last year was $27 billion, according to estimates from the International Monetary Fund. Mexico has about 20 times as many people and took in only about six times as much in remittances through November.

The amount of money sent home to loved ones also dwarfs the $88 million that El Salvador received in aid from the United States last year.

[Jibartik]

boomrs: "why dont you just cut down a forest and build a new city"

lol fuckers had their lives handed to them with gold plated diapers.

[Jibartik]

https://godcoin.gold/

https://i.imgur.com/PQxBE0A.png

https://i.imgur.com/YkeCRoX.png

https://i.imgur.com/kCe0eMO.png

Blockchain: ✔️

Stable: ✔️

Divine: ✔️

[Encroaching Death]

After seeing that, I want to stab myself in the dick

[Jibartik]

After seeing that, I want to stab myself in the dick

qxqn9srG5G8

[Reiwa]

qxqn9srG5G8


The Armageddon Broadcast Network
5.54K subscribers

Jib! :p

[Encroaching Death]

Heaven uses Bitcoin??

[Jibartik]

Chad priests use god crypto.

tWNqhhMDlso

[GinnasP99]

GUs5y9leCyA

-28,600 in red is bad, I think.

[Kaveh]

What are you suggesting CCP population relocation programs? See page 15.

I’m suggesting america was never affordable. The frontier is where the poor used to go because there’s never been an entitlement system around housing that worked. Our culture is “go west young man.” It’s incumbent upon the individual to move

Why do you think I was in Houston for most of my adult life? Affordable and jobs. It’s flooded 3x in 10 years and 110 in the summer with mariachi music blasting 24/7

You think I wanted to live here? My kids got a better life because I chose it. Today, some people will have to choose Cheyenne, wyoming or rapid city, SD even if they’d rather not. That’s the US, you aren’t entitled to a home where you were born. We chose capitalism and we’re better for it. The alternative is still Iran, China, Cuba, and Russia (huge shit holes that together can’t subdue borscht factory Ukraine)

[Jibartik]

I’m suggesting america was never affordable.

This is flat out wrong.

You could buy a 3 bedroom home in 1970 with a view for 5 thousand dollars. Thats 10% of the median salary.

In 1960 it was 6% the median salary.

Today the median salary in the same middle class income homes you need 30% the median salary.

80% of the west coast wasnt even developed in the 1970s.

The lifestyle of america, isnt sustainable.

Dont give me this shit that what we're going through now is anything like any generation has ever gone through in american history.

[Jibartik]

If fiat currency was honest:

My Build Back Better agenda is fiscally responsible — the fiscally responsible way to reduce costs for families.

https://i.imgur.com/GTkF5MQ.png

[Kaveh]

This is flat out wrong.

You could buy a 3 bedroom home in 1970 with a view for 5 thousand dollars. Thats 10% of the median salary.

In 1960 it was 6% the median salary.

Today the median salary in the same middle class income homes you need 30% the median salary.

80% of the west coast wasnt even developed in the 1970s.

The lifestyle of america, isnt sustainable.

Dont give me this shit that what we're going through now is anything like any generation has ever gone through in american history.

This country was founded on taking a continent from the people already living here. It’s not like it was, it’s way more moral and ethical

We have insane people wearing mega tits and teaching shop class. That is admittedly a fringe but very real problem that we’re supposed to pretend in the name of tolerance that strong and obvious mental illness is permissible, but yeah man, a home with a view? That’s still affordable in Sheridan wyoming or rapid city, SD. And to be honest, I’d rather live in either of those places than Philly or NYC. But let’s say you want a city. Lincoln, Nebraska is affordable and so is Columbus, Ohio

I don’t pretend it’s the same. But I also won’t pretend we’ve ever had this level of social pathology. People used to find meaning in church, family, and work. Now everyone think they’re supposed to be a Bitcoin millionaire. That isn’t life, and even if it were, it would be so unfulfilling that you’d be putting on tits to go teach shop class and pretending that the emotion you feel is happiness when it’s just a profound emptiness being filled temporarily by the attention you receive for your own vapid and obviously hollow lifestyle

Be careful what you wish for. Take off the tits and go west young man. Find the opportunities that still exist. Which isn’t to say that we don’t have corruption and graft.

[unsunghero]

…

[Jibartik]

super stonk bitcoin thread https://www.freightwaves.com/news/leaked-tenative-agreement-for-rail-workers-reveals-paid-time-off-wage-increase

Time to invest in a strike, around Christmas?

The questions and answers will be available to rail workers by the time they vote on the agreement. That 21-day voting period is expected in mid- to late October, and the results are expected by late November, according to a tweet from SMART Union.

As FreightWaves previously reported, it’s not definite that workers will vote for this contract — meaning a rail strike could still occur. Charles Stallworth, a train conductor, said last week that he did not fully support the tentative agreement.

https://i.imgur.com/kUHVJWf.gif

[Kaveh]

Probably time the rail workers and truckers got a better deal anyway

I imagine those are shitty and hard jobs that are extremely important and not very rewarding. If I were a trucker and someone robbed me as I was loading or unloading, I would tell them to take everything. I’d have an MP5 and bulletproof vest on though, And I’d go down opening up a clip yelling Deus Vult

[Encroaching Death]

I’m suggesting america was never affordable. The frontier is where the poor used to go because there’s never been an entitlement system around housing that worked. Our culture is “go west young man.” It’s incumbent upon the individual to move

Why do you think I was in Houston for most of my adult life? Affordable and jobs. It’s flooded 3x in 10 years and 110 in the summer with mariachi music blasting 24/7

You think I wanted to live here? My kids got a better life because I chose it. Today, some people will have to choose Cheyenne, wyoming or rapid city, SD even if they’d rather not. That’s the US, you aren’t entitled to a home where you were born. We chose capitalism and we’re better for it. The alternative is still Iran, China, Cuba, and Russia (huge shit holes that together can’t subdue borscht factory Ukraine)

I think there was a golden age between 1946 - 1980.

We were living high off the victory of WW2. There weren't a ton of women in the workforce (half the workforce, more money could be had from workers). I also think the threat from Communism was so high that there was focus on growing the middle class, for propaganda purposes.

I remember my grandpa telling me he could buy off his house (or car?) within 1 year on a single salary, all while comfortably providing for a family of four.

It was possible for mom to stay home. It was possible to own a home, with a couple of cars, and live comfortably.

That WAS possible. But I don't think its possible anymore. And I think we need to come to terms with that.

But hey, maybe we could fight in another world war and start the whole thing over again...

*stares at Russia and Ukraine*

[Jibartik]

Probably time the rail workers and truckers got a better deal anyway

I imagine those are shitty and hard jobs that are extremely important and not very rewarding. If I were a trucker and someone robbed me as I was loading or unloading, I would tell them to take everything. I’d have an MP5 and bulletproof vest on though, And I’d go down opening up a clip yelling Deus Vult

Railroad CEOs Were Paid Over $200 Million As Workers Suffered
Rail execs defend themselves by claiming their skyrocketing profits do not reflect “any contributions by labor.” (https://www.levernews.com/railroad-ceos-were-paid-over-200-million-as-workers-suffered/)

Biden's deal got them 1 day a year to go see the doctor, they have to give 30 days notice to use, and can only use it on tues wed thurs lol (they think they will abuse it to take 1 3 day weekend a year LOL)

Hopefully christmas is canceled this year. None in the USA deserve anything but coal (good thing the libs got rid of all the nuke power plants so we can rely on it for power... sigh)

[Reiwa]

I think there was a golden age between 1946 - 1980.

We were living high off the victory of WW2. There weren't a ton of women in the workforce (half the workforce, more money could be had from workers). I also think the threat from Communism was so high that there was focus on growing the middle class, for propaganda purposes.

I remember my grandpa telling me he could buy off his house (or car?) within 1 year on a single salary, all while comfortably providing for a family of four.

It was possible for mom to stay home. It was possible to own a home, with a couple of cars, and live comfortably.

That WAS possible. But I don't think its possible anymore. And I think we need to come to terms with that.

But hey, maybe we could fight in another world war and start the whole thing over again...

*stares at Russia and Ukraine*

Other countries caught up to us in manufacturing and industry, you'd need to bomb/liberate way more countries than that to achieve a new american century.

[Encroaching Death]

Other countries caught up to us in manufacturing and industry, you'd need to bomb/liberate way more countries than that to achieve a new american century.

Yes, yes it was a joke.

:o

[Jibartik]

america was certnaly affordable, and thats revisionist history to say that today is just as bad as it was in the past

in 1960 a home was 5-6% median salary in 1970 it was 8-9% in 1990 it was 20 and now its 30-40%

only 80% of the coasts were developed by the end of 1970

Land is not renewable energy... you run out of it.

The value of land has had a linier increase in value since the foundation of our country.

By the time your kids are your age, there WONT be home ownership, flat out.

They will live in a dystopian hellscape where half the population owns homes, and half cant

And their kids will live in a dystopian hell where all the homes are owned by banks, and no humans own homes ever again.

[Reiwa]

Yes, yes it was a joke.

:o

Easier and cheaper to liberalize their culture so their own people demand their government to make their industries as uncompetitive as ours have become, relatively improving our global position. 🇺🇲🖤

[Jibartik]

as an aside speaking of goldenage, im pretty sure 2010-2020 will be known as the roaring 20s 2 - people were making BILLIONS for the first time a billionare became what a millionare was before that decade.

[Encroaching Death]

Easier and cheaper to liberalize their culture so their own people demand their government to make their industries as uncompetitive as ours have become, relatively improving our global position. 🇺🇲🖤

Don't forget also convincing their Leftists that corporations are somehow good, so they don't start a Communist revolution. That's an important part.

[Jibartik]

Don't forget also convincing their Leftists that corporations are somehow good, so they don't start a Communist revolution. That's an important part.

takes a knee for child labor rights (the right to use it)

[Reiwa]

Don't forget also convincing their Leftists that corporations are somehow good, so they don't start a Communist revolution. That's an important part.

Money talks just do some heckin corporate simony (https://en.wikipedia.org/wiki/Carbon_offset) bruh.

[Encroaching Death]

takes a knee for child labor rights (the right to use it)

Those were the days... :(

What if we actually found out working 12 hours a day was good for children though?

What would we say?

I know for a fact it gets me better prices at Walmart.

[Jibartik]

Those were the days... :(

What if we actually found out working 12 hours a day was good for children though?

What would we say?

I know for a fact it gets me better prices at Walmart.

well when china wins ww3 we will know it was good for them after all.

[Encroaching Death]

Money talks just do some heckin corporate simony (https://en.wikipedia.org/wiki/Carbon_offset) bruh.

Exactly, that's what I love.

Buy a few carbon credits and you're forgiven of all sins.

It's great. Fooled the Leftists, hook line and sinker :cool:

[Jibartik]

Exactly, that's what I love.

Buy a few carbon credits and you're forgiven of all sins.

It's great. Fooled the Leftists, hook line and sinker :cool:

WEF Says ‘Billions’ Who Complied With Lockdown Restrictions Will Also Comply With ‘Social-Credit Scheme’
(https://www.weforum.org/agenda/2022/09/my-carbon-an-approach-for-inclusive-and-sustainable-cities/)

[Encroaching Death]

WEF Says ‘Billions’ Who Complied With Lockdown Restrictions Will Also Comply With ‘Social-Credit Scheme’
(https://www.weforum.org/agenda/2022/09/my-carbon-an-approach-for-inclusive-and-sustainable-cities/)

Plenty of western politicians have publically praised China's Social Credit System, so I wouldn't be surprised if true.

People will sell their own grandmother for a stick of bubblegum.

[Jibartik]

Bitcoin is almost more than the Dow

[Encroaching Death]

Bitcoin is almost more than the Dow

Yep, my portfolio looks like trash.

[Jibartik]

The dow is green.

Below 30

LOL

At least with the investment dollar losing its value, the value of the dollar is holding strong, with no inflation... right?

https://i.imgur.com/HyK8WaZ.png

right??

https://i.imgur.com/yGDuM0O.png

[RandyGolden]

I see no reason to invest in bitcoin, in other cryptocurrencies. Too unstable income, which essentially does not depend on my efforts. For me, this kind of income is not suitable. I prefer to run my own business. This is also difficult, but thanks to singapore business listings (https://incorporatebusinessonline.net/), I can quickly find specialists and various agencies that provide services for solving my issues related to, for example, accounting or business management.

[Castle2.0]

Hahaha, the bots.

Bitcoin was recently 'dead' at $14k. I guess it's now dead at $26k. Sorrynotsorry you didn't buy any at $14k.

Onward to $100k! Probably another big dip with real global recession setting in, but they will ultimately print. We pump... or we mega pump.

[Botten]

Hahaha, the bots.

Bitcoin was recently 'dead' at $14k. I guess it's now dead at $26k. Sorrynotsorry you didn't buy any at $14k.

Onward to $100k! Probably another big dip with real global recession setting in, but they will ultimately print. We pump... or we mega pump.

Don't forget to answer with your alternate account Zati.

Analysis: US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice (https://logll.com/us-sec-crackdown-coinbase-and-binance-face-legal-action/)


Conclusion

The US SEC’s lawsuits against Coinbase and Binance have put other crypto exchanges on notice, potentially exposing them to regulatory actions. As the SEC strengthens its authority over the crypto industry, exchanges must adapt to the changing regulatory landscape. While the lawsuits play out in court, the industry faces uncertainty, with potential long-term consequences for the crypto economy in the United States. Clear regulations and open dialogue between regulators and industry participants are essential to foster innovation and protect investors in the evolving crypto market.

“All U.S. exchanges should now be on notice that they may be subject to enforcement action if they permit, or have permitted, these tokens to be traded.” – Jason Allegrante, Chief Legal and Compliance Officer at Fireblocks.

“I don’t think that this SEC under this leadership necessarily cares whether they win or lose in the courts. I think what they are engaging in is a coordinated campaign to essentially destroy the crypto economy in the United States.” – Stuart Alderoty, Chief Legal Officer at Ripple.

"Trying to essentially destroy the Crypto economy in the US."

Sure sounds like get out while you can.

[Tnair]

Hasn't crypto always been a "get in and get out quick" game? I mean it's transparently a pyramid scheme, the people with the most hoarded are the only ones trying to talk it up so they can offload before the boat sinks

[Swish]

It's at it's highest price in a year, I think a lot of people stopped watching it.

[zati]

Don't forget to answer with your alternate account Zati.

Analysis: US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice (https://logll.com/us-sec-crackdown-coinbase-and-binance-face-legal-action/)



"Trying to essentially destroy the Crypto economy in the US."

Sure sounds like get out while you can.

lol.. uhh i'm not an alt account. Also you are dumb. Blackrock is filing an etf w coinbase as the main exchange. Do u really think 1 group of elites can stop a "decentralized currency?" If so.. Short it provide some liquidity into the market. if most people in this thread are against it and 100% sure BTC is going no where and dead you'd 35x leverage and short it to make millions. You could be the next SBF!

They've been trying since day 1 and BTC is still 25-30k,highest return since the year began. Longer you wait the more you pay /shrug Not financial advice. My online perspective on this went from lets educate people about it to....it's better that you don't know cause that leaves more BTC for me to buy. The amount being held in exchanges are in a downward trend.

[Ekco]

if you bought in 2021 you're only down 30k per coin.

you keep those bags, king

[Botten]

lol.. uhh i'm not an alt account. Also you are dumb. Blackrock is filing an etf w coinbase as the main exchange. Do u really think 1 group of elites can stop a "decentralized currency?" If so.. Short it provide some liquidity into the market. if most people in this thread are against it and 100% sure BTC is going no where and dead you'd 35x leverage and short it to make millions. You could be the next SBF!

They've been trying since day 1 and BTC is still 25-30k,highest return since the year began. Longer you wait the more you pay /shrug Not financial advice. My online perspective on this went from lets educate people about it to....it's better that you don't know cause that leaves more BTC for me to buy. The amount being held in exchanges are in a downward trend.

Oh look it is Zati just as predicted - just as he was - on the last 4 straight Bitcoin threads created by Castle. What was it... like since April too? What a surprise. Pretty sad Castle... Pretty sad.

Crypto pledged to dethrone Wall Street. It’s getting swallowed instead. (https://www.washingtonpost.com/business/2023/07/08/crypto-wall-street-regulation/)

Maybe when tamed by Blackrock. Especially when Bitcoin is 50% if not more of the crypto market the scam will finally fall in line like all stocks.

Who knows what Blackrock will do; increase the value of it or burn it to the ground?
JPMorgan doesn't think it will do a thing.