Crypto Currency

Discussion in 'West Mall' started by AC, Mar 25, 2020.

  1. Driver 8

    Driver 8 Amor Fati

    Did you know the U.S. currency has a Twitter account and it actually tweeted this - yes the children are certainly learning about "printable play money" these days

     
  2. Driver 8

    Driver 8 Amor Fati

    Play fun games with money while you teach your kids!

    dollar.jpg
     
    • Funny Funny x 2
  3. AC

    AC 2,500+ Posts

    I tweeted Dave Portnoy why to focus more on Bitcoin and not Shitcoin when he’s new. He lost his *** on Chainlink and sold all Crypto’s today. Maybe he’ll go back to Bitcoin only. I won’t hold my breath. USD was up today, people are selling stocks moving into cash. That hurts Gold and Bitcoin. We’ll be back some next week maybe.
     
  4. Driver 8

    Driver 8 Amor Fati

    The corrupt dipshits at the IMF say deflation is bad because you won't buy that $100 chair today if it will be $90 next year. You will sit on the floor for a year and wait for the lower price. You need your currency to be constantly debased thru inflation, just trust the experts on this

     
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  5. Monahorns

    Monahorns 5,000+ Posts

    Deflation is not a problem because of the important economic element called - Time Preference. It determines interest rates, why labor isn't exploitation, why deflation isn't a problem, etc.

    Most economists are dipshits because they don't know what time preference is.
     
    • Like Like x 3
  6. AC

    AC 2,500+ Posts

    Update, over $1Billion moved on to USDT -Tether Saturday. That could easily pump Bitcoin in a major way next week! Glass node has a chart. I’m baching it this weekend so I don’t have time to post that from Glass Node. Momma comes home this afternoon:yes:
     
  7. AC

    AC 2,500+ Posts

    Tether is the stablecoin whales use before they buy Bitcoin big time!
     
  8. AC

    AC 2,500+ Posts

    The money on Tether (stablecoin tied to USD) is STILL there waiting. Lot of whales dumped there bags the last two weeks. I think Bitcoin trades in this lower range 10,500 to 11,400 the rest ofAugust early September. Eventually it will breakout and retest 12,000. MM Crypto gives the best Bitcoin TA on you tube IMHO.
     
  9. matt8209

    matt8209 100+ Posts

    Kyber network. KNC blasting off. will make history tonight. started at 1.55
     
  10. matt8209

    matt8209 100+ Posts

    TA is a hoax. look at KNC. You pick a crypto and tell me the price you want and it will magically get there. its all a big scam so the big guys can load up while keeping everyone in the dark and it is disgusting. i can say that SNX is next to take its mysterious moonshot. who knows where kyber will stop. it certainly will set a record.
     
  11. Driver 8

    Driver 8 Amor Fati

    What shitcoin is this
     
    • Agree Agree x 1
  12. iatrogenic

    iatrogenic 2,500+ Posts

  13. AC

    AC 2,500+ Posts

  14. iatrogenic

    iatrogenic 2,500+ Posts

    The old “candle prediction”. Always wise to bet your financial future on it. Of course the “spatula” prediction and the “cat’s azz” predictor are strong as well. So difficult to choose!
     
  15. AC

    AC 2,500+ Posts

  16. Driver 8

    Driver 8 Amor Fati

    The Fibonacci pattern is hot right now

    Looks like the Fed has everyone's password to their Fedcoin account and has been siphoning wealth for decades - check your digital wallets, you've been scammed

    cpi.jpg
     
  17. nashhorn

    nashhorn 5,000+ Posts

    Getting awfully close to zero there driver.
     
    • Agree Agree x 1
  18. AC

    AC 2,500+ Posts

    Yes :arrow-up: that means deflation and bond yields going closer to zero. Perhaps next year they go negative?

     
  19. iatrogenic

    iatrogenic 2,500+ Posts

    Yeah. If i'm not mistaken, investment returns take that into account.
     
  20. Driver 8

    Driver 8 Amor Fati

    Ok we're all good then, never mind
     
    • Funny Funny x 1
  21. iatrogenic

    iatrogenic 2,500+ Posts

    How is Bitcoin doing the last month or two? Do you have that chart?
     
  22. AC

    AC 2,500+ Posts

  23. iatrogenic

    iatrogenic 2,500+ Posts

     
  24. AC

    AC 2,500+ Posts

    [​IMG]
    Y'all can put your hand over you mouth and point and laugh at me. That is ok. I have pretty thick skin. But the DWJ, SPX, Nasdaq are all crashing, Oil, Gold, Silver, BTC getting drug down with them and I am NOT surprised. I am going long BTC today/tomorrow! I was long already, now I will be longer. Your only choices will be Gold, Silver, or Bitcoin. We will be looking at Negative Interest rates next year sometime. This will force many banks to close. There may very well be a run on Cash and Banks. I am only trying to help everyone. There is so much more going on in this economy than many realize. This Debt Bubble is going to drag a lot down with it. Bitcoin is the "Lifeboat". per Jeff Booth.
     
  25. Driver 8

    Driver 8 Amor Fati

    Price of Bitcoin at the last three U.S. presidential elections

    2012: $10
    2016: $700
    2020: $13,700
     
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  26. AC

    AC 2,500+ Posts

    It hit $14,050 around 6 PM today.
     
    • Like Like x 1
  27. WillUSAF

    WillUSAF 500+ Posts

    I hate myself....I had a chance to buy in 2012...didn't...not a billionaire now...
     
  28. Dionysus

    Dionysus Idoit Admin

    Same story for a lot of folks...
     
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  29. Driver 8

    Driver 8 Amor Fati

    Blackrock CIO of Fixed Income on bitcoin
    Blackrock is a global investment management firm with $7.4 trillion AUM



    BTC the past month up 55%

    btc.png
     
    • Like Like x 1
  30. AC

    AC 2,500+ Posts

    It’s $18,800 now.
    GBTC buys 2700-3600 BTC/ day. Miners are capped at a production rate of 900 BTC/day. Number go up!


    upload_2020-11-21_8-8-34.jpeg
     

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