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Post by waldowally on Jun 11, 2018 8:52:23 GMT -7
it was a classic pump and dump. was sitting around where its at now relatively stable (8kish) went up to 18kish, back down to 8kish now
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Bitcoin?
Jun 11, 2018 8:56:38 GMT -7
via mobile
Post by senatooorofspace on Jun 11, 2018 8:56:38 GMT -7
Blockchain sounds neat o.
The little I understand about it, that is.
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Post by thecosmicbandito on Jun 11, 2018 9:14:36 GMT -7
I don't have any in bitcoin but if it keeps falling low enough maybe.... the coin I have is also crashing right now. Bitcoin does it to the whole market when it goes up or down.
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Bitcoin?
Jun 11, 2018 9:15:24 GMT -7
via mobile
Post by moretba on Jun 11, 2018 9:15:24 GMT -7
Currency is a byproduct of the establishment and serves the man as a tool used for power over, and distraction of, the people
#woke
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Bitcoin?
Jun 11, 2018 9:16:08 GMT -7
via mobile
Post by moretba on Jun 11, 2018 9:16:08 GMT -7
#mgtow
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Bitcoin?
Jun 11, 2018 9:16:38 GMT -7
via mobile
Post by moretba on Jun 11, 2018 9:16:38 GMT -7
Back me up @kitch
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Post by bear on Jun 11, 2018 9:17:42 GMT -7
Idea: crypto for porn sites
I call it buttcoin
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Post by lordkundalini on Jun 11, 2018 9:24:15 GMT -7
fiat currencies backed by the FED are all schemes of power control and wealth for the few. they make money out of nothing and charge us to use it and in the end the risk is held by governement and we the people.
such scam as so many presidents, leaders have pointed out,
at least with bitcoin, you have to generate it based on algorithms, not so with fiat currency, they turn the presses on or use fractional reserve to create money(which creates inflation)
currency markets are giant size up so it more about controlling the inputs currency traders trade off of and not trying to "corner" the market per se.. the currencies are just to large and robust with so many players.
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Bitcoin?
Jun 11, 2018 9:29:08 GMT -7
via mobile
Post by senatooorofspace on Jun 11, 2018 9:29:08 GMT -7
They’re all backed by nothing.
Gold standard, or GTFO.
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Post by Deleted on Jun 11, 2018 9:34:58 GMT -7
Currency is a byproduct of the establishment and serves the man as a tool used for power over, and distraction of, the people #woke  |
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Post by Deleted on Jun 11, 2018 9:35:09 GMT -7
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Post by thecosmicbandito on Jun 11, 2018 9:43:10 GMT -7
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Post by lordkundalini on Jun 11, 2018 9:43:47 GMT -7
id like to see a currency backed by a standardized unit of work.. a baseline if you will. a baseline on labor output.
possible in this day and age
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Post by lordkundalini on Jun 11, 2018 9:44:28 GMT -7
They’re all backed by nothing. Gold standard, or GTFO. for sure.. people get shot for suggesting going back to the gold standard. |
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Post by lordkundalini on Jun 11, 2018 9:46:42 GMT -7
"Whoever controls the volume of money in any country is absolute master of all industry and
commerce." — James A. Garfield, President of the United States
"A great industrial nation is controlled by it's system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world--no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men." — President Woodrow Wilson
Thomas Jefferson
"I believe that banking institutions are more dangerous to our liberties than standing armies.
Already they have raised up a monied aristocracy that has set the government at defiance. The
issuing power (of money) should be taken away from the banks and restored to the people to
whom it properly belongs." — Thomas Jefferson, U.S. President.
and of course
"The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." — Rothschild Brothers of London, 1863
"Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild
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Bitcoin?
Jun 11, 2018 9:50:22 GMT -7
via mobile
Post by bear on Jun 11, 2018 9:50:22 GMT -7
id like to see a currency backed by a standardized unit of work.. a baseline if you will. a baseline on labor output. possible in this day and age ...how different is this from $ per hour? |
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Post by lordkundalini on Jun 11, 2018 10:02:55 GMT -7
id like to see a currency backed by a standardized unit of work.. a baseline if you will. a baseline on labor output. possible in this day and age ...how different is this from $ per hour? standardized. i might make 20 dollars an hour for something you get paid 15 for.
id like to see a model citizen created in which he has food, health care, shelter. everyone gets the baseline rate, though kids may make less, ect and those that add more value would get more.. Doctors, those who bring new valuable inventions to market, ect.
but everything is based on the model citizen. so the incentive is to increase the baseline through productivity ect so we can raise the baseline and everyone does better.
in this system, massive wage gaps would not take place.. their would be limits on the deviation from the model citizen wage.
it would be some algorithm but in this day of age of tracking inputs, outputs ect i dont think it would be all that hard to model. unit of work value vs input/output. the value of the baseline rate would change based on economic output and input.. no other reasons like we know have in the currencies.
currently lots of execs pay themselves what they can and has no relation to value added to the system
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Post by Deleted on Jun 11, 2018 11:22:38 GMT -7
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Post by ashsummer on Sept 26, 2019 1:04:29 GMT -7
Noone actually has any idea what will happen to Bitcoin. I do not normally gamble on such things, but I started with a few Bitcoins at around $550. And this is my best financial decision ever. Just found Bitcoin documentaries cryptolinks.com/bitcoin-documentaries-and-movies , it was interesting to watch how everything started |
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Post by chronicircle on Mar 12, 2020 6:47:16 GMT -7
bitcoin is below 6k. lost 17% in one hour.
probably gonna buy a little on this dip.
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