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Originally posted by .TUX.
And who causes the booms and busts? The Central Banking system that has been forced upon us all. Crypto-currencies are designed to end this farce. To end the deliberately manipulated ''boom and bust''. To end this parasitical system that robs every single one of us every single day hence 'they' are doing everything possible through the MSM (and continual price manipulation) to deride this space. Andrew Jackson had the right idea.
I would agree that potentially crypto could be a significant improvement for the future of finance in general.....though not for the UK as this sector is one of our main tax areas and exports. However, I'm not blind to the risks. Centralized systems never give up power willingly when there is money involved. Personally I see struggles and manipulation ahead for crypto. The bigger it gets the more the system will look to drown it. You're very critical of the system, though we shouldn't forget that we live in an era and anglosphere where the poor grow fat and old. We should not forget that this is the only era in history where this has happened so while the short comings of the financial systems are evident.....so should be its successes.
'Who are you and how did you get in here? I'm a locksmith. And, I'm a locksmith.' (Leslie Nielsen) |
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.TUX. ![]() |
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Originally posted by Stirlingsays
I would agree that potentially crypto could be a significant improvement for the future of finance in general.....though not for the UK as this sector is one of our main tax areas and exports. However, I'm not blind to the risks. Centralized systems never give up power willingly when there is money involved. Personally I see struggles and manipulation ahead for crypto. The bigger it gets the more the system will look to drown it. You're very critical of the system, though we shouldn't forget that we live in an era and anglosphere where the poor grow fat and old. We should not forget that this is the only era in history where this has happened so while the short comings of the financial systems are evident.....so should be its successes. We should all be, but as with the continued negative press re crypto-currencies in the MSM you'll never hear the same regarding the current system that, by design, continues to rob each and every one of us daily. Funny that. As for the poor growing fat and old, i don't class living a longer life while being poor as a ''success''.
Buy Litecoin. |
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Down 70% now this year. Some are close to zero. Mirrors the dot.com bust of 2001. Will take a bit of coming back from, from an investor confidence perspective more than anything else.
Living down here does have some advantages. At least you can see them cry. |
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Tom-the-eagle ![]() |
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Originally posted by mezzer
Down 70% now this year. Some are close to zero. Mirrors the dot.com bust of 2001. Will take a bit of coming back from, from an investor confidence perspective more than anything else. Although Bitcoin went up by 9% yesterday! As have stated before, I just can't see what value these currencies have until real world applications are found. That said, are they any different to gold or silver. The only reason they have a value is that they are rare so maybe Bitcoin is no different as only a finite number exist.
"It feels much better than it ever did, much more sensitive." John Wayne Bobbit |
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.TUX. ![]() |
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Originally posted by mezzer
Down 70% now this year. Some are close to zero. Mirrors the dot.com bust of 2001. Will take a bit of coming back from, from an investor confidence perspective more than anything else. It's (Bitcoin) come back from worse in the past and will do again. As the economy continues to slowly tank it'll be a good second-half of the year for many cryptos, imo.
Buy Litecoin. |
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.TUX. ![]() |
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Still a good time to buy.
Buy Litecoin. |
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.TUX. ![]() |
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Originally posted by .TUX.
Still a good time to buy. Ditto bud.
Buy Litecoin. |
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Bitcoin has no value as a currency and never will have, due to the fact its an incredibly unstable store of value (huge price fluctuations as a result of there being a finite amount of bitcoins, which means small changes in demand affect price in a big way), and the fact that it takes so long to complete a transaction, so would never be feasible for everyday use. That being said, it is a commodity that can be invested in for money making purposes, at your own risk. Personally wouldnt advise as it's essentially a form of gambling, except with sports betting etc you at least have some idea as to what might happen.
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.TUX. ![]() |
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Originally posted by ddjdd
Bitcoin has no value as a currency and never will have, due to the fact its an incredibly unstable store of value (huge price fluctuations as a result of there being a finite amount of bitcoins, which means small changes in demand affect price in a big way), and the fact that it takes so long to complete a transaction, so would never be feasible for everyday use. That being said, it is a commodity that can be invested in for money making purposes, at your own risk. Personally wouldnt advise as it's essentially a form of gambling, except with sports betting etc you at least have some idea as to what might happen. Another point of view is always welcome.
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Bitcoin dominance is once again going up, this is usually a pretty good indicator that the alts will follow. I might buy some more Pundi & Tron actually
The mountains are calling & I must go. |
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Tom-the-eagle ![]() |
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Bitcoin gone up 10% over last few days after a month of gradual slipping back
"It feels much better than it ever did, much more sensitive." John Wayne Bobbit |
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.TUX. ![]() |
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Originally posted by Tom-the-eagle
Bitcoin gone up 10% over last few days after a month of gradual slipping back The proposed ETF?
Buy Litecoin. |
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