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Old 08-03-2021, 01:52 AM
Castle2.0 Castle2.0 is offline
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Join Date: Aug 2014
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Dot Com bubble... Amazon just hit over $100. People said it was too expensive.


Fast forward 20 years. Amazing is now trading now over $3,300. Funny how things go.

Quote:
Originally Posted by Preston Pysh
My bitcoin can remain in cold hard storage far longer than the market can remain irrational.
If you want a get-rich-quick scheme, try Vegas or margin trading penny stocks.

I'm about that get-rich-slow scheme.

Take a look at M2 supply. Oh wait, they discontinued reporting it in February of 2021 when we were printing oodles of money? Source: https://fred.stlouisfed.org/series/M2

What about M1? https://fred.stlouisfed.org/series/M1SL

When you understand the boom-bust cycle, the history of money, the monetary policy of fractional-reserve modern banking, etc... or ANY of it... it's obvious where things are going.

Most people just don't understand crypto or how it works. They don't know that Bitcoin is unforgeable, it's the most powerful computer network in the world...

I'm not here to argue it. Take it or leave it. Just here to mark a day, so in 4 years I can come back and /dance. We celebrate together here or I celebrate alone here =)
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