User Panel
Posted: 4/15/2024 9:54:36 PM EDT
Bitcoin peaked two and a half years ago at about thirty seven ounces of gold. Now worth less than twenty seven ounces.
Twenty seven percent decline in two and a half years. Bitcoin is going much lower. |
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Don't have any of either so ok. Long as VTI & FZROX makes 7+% a year on average I don't care.
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We are just one supernova millions of years ago away from getting blasted in more gold that could make it worthless.
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I have no problem with that.
If I can't hold it in my hand, it's worthless as far as I'm concerned. |
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lol. Someone watches Fox News and Peter Shiff. Same argument he tried to use against Natalie today before she mopped the floor with him.
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Quoted: However what part of OH are you a well guy in OP? View Quote Keep my shop in waldo. Licensed in all 88 counties. I try to turn down work but I'm not very good at that. Saturday I traveled two hours to restore water to over a thousand people and still fit two more jobs in. Lots of hugs and kisses from customers. Don't have to work I enjoy it. My happy place is after I set the casing when water starts coming out. It's the gift that God gave me to make the world a better place. |
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Quoted: lol. Someone watches Fox News and Peter Shiff. Same argument he tried to use against Natalie today before she mopped the floor with him. View Quote Exactly, someone mopped the floor with the other but it wasn't Natalie mopping the floor with Peter. To quote an old Nixon campaign slogan "you can't beat our dick" |
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Never really understood the “bitcoin” thing . Seems odd people would trust money on a computer . Yeah , I’m a boomer and not ashamed to say it . I could never get anyone to explain it to me so that it made any sense . .
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Quoted: Never really understood the “bitcoin” thing . Seems odd people would trust money on a computer . Yeah , I’m a boomer and not ashamed to say it . I could never get anyone to explain it to me so that it made any sense . . View Quote Bitcoin is the ultimate surveillance tool / government sponsored PSYOP |
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Quoted: Bitcoin peaked two and a half years ago at about thirty seven ounces of gold. Now worth less than twenty seven ounces. Twenty seven percent decline in two and a half years. Bitcoin is going much lower. View Quote You mad you missed out? Not too late to jump in. |
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Quoted: Never really understood the "bitcoin" thing . Seems odd people would trust money on a computer . Yeah , I'm a boomer and not ashamed to say it . I could never get anyone to explain it to me so that it made any sense . . View Quote Bitcoin removes the untrustworthy government and bank from the equation and lets you send or receive value over long distance without knowing or trusting the ssender. It follows a planned inflation cycle that approaches zero inflation over time. Bitcoins inflation rate has been below the feds target rate for four years and in a few weeks it will be less than half the feds target rate for USD. Due to the limited nature and worldwide utility I expect BTC to continue climbing for awhile longer. I believe it's value will stabilize over time as the value increases and acceptance increases. When the last bitcoin is produced 100 years from now there will be 21 million total. If 10% of the United States wanted a 1 bitcoin savings account, they couldn't have it. When you consider it's a worldwide currency hedge, the prospective adoptive population is much larger than 10% of the US. |
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Divisive thing shitposting, man we're so cleaver these days!!
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Not allowed to post in the bitcoin thread because I was hurtful. It's been a month. I still hold to " A tulip by any other name is still a tulip" At least the people who invested heavily in beanie babies still have beanie babies to look at. Thats more than you'll be able to say about bitcoin in twenty years.
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Quoted: Exactly, someone mopped the floor with the other but it wasn't Natalie mopping the floor with Peter. To quote an old Nixon campaign slogan "you can't beat our dick" View Quote I'm of the age to remember Pres. Nixon and I don't remember that. I do remember CREEP or Campaign to Re-Elect the President. It was right on the corner of Columbus/Kearney/Pacific (triangular block). |
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Quoted: Never really understood the “bitcoin” thing . Seems odd people would trust money on a computer . Yeah , I’m a boomer and not ashamed to say it . I could never get anyone to explain it to me so that it made any sense . . View Quote Lol do you keep paper money under your mattress or what? It's all zeros and ones. |
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Quoted: Uranium seems ready to skyrocket in price. Watching the Biden administration and Gov. Gretchen Whitmer support the first nuclear power plant to be reopened in the U.S is entertaining to say the least. View Quote View All Quotes View All Quotes Quoted: Quoted: Yeah naw. Uranium seems ready to skyrocket in price. Watching the Biden administration and Gov. Gretchen Whitmer support the first nuclear power plant to be reopened in the U.S is entertaining to say the least. Already did. Could always go higher though. |
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Quoted: Not allowed to post in the bitcoin thread because I was hurtful. It's been a month. I still hold to " A tulip by any other name is still a tulip" At least the people who invested heavily in beanie babies still have beanie babies to look at. Thats more than you'll be able to say about bitcoin in twenty years. View Quote You’ve got all the typical talking points…wrong as they are. |
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Found arfcom looking for real world reviews and lurked for over a decade. So much information. Lots of deals and news I enjoyed following the riots and always had a great time reading here after work. I don't know if it's the loss of old members or what this place seemed cooler before I started posting. Maybe it's me
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Quoted: Most people trust money in their bank held digitally. Bitcoin removes the untrustworthy government and bank from the equation and lets you send or receive value over long distance without knowing or trusting the ssender. It follows a planned inflation cycle that approaches zero inflation over time. Bitcoins inflation rate has been below the feds target rate for four years and in a few weeks it will be less than half the feds target rate for USD. Due to the limited nature and worldwide utility I expect BTC to continue climbing for awhile longer. I believe it's value will stabilize over time as the value increases and acceptance increases. When the last bitcoin is produced 100 years from now there will be 21 million total. If 10% of the United States wanted a 1 bitcoin savings account, they couldn't have it. When you consider it's a worldwide currency hedge, the prospective adoptive population is much larger than 10% of the US. View Quote View All Quotes View All Quotes Quoted: Quoted: Never really understood the "bitcoin" thing . Seems odd people would trust money on a computer . Yeah , I'm a boomer and not ashamed to say it . I could never get anyone to explain it to me so that it made any sense . . Bitcoin removes the untrustworthy government and bank from the equation and lets you send or receive value over long distance without knowing or trusting the ssender. It follows a planned inflation cycle that approaches zero inflation over time. Bitcoins inflation rate has been below the feds target rate for four years and in a few weeks it will be less than half the feds target rate for USD. Due to the limited nature and worldwide utility I expect BTC to continue climbing for awhile longer. I believe it's value will stabilize over time as the value increases and acceptance increases. When the last bitcoin is produced 100 years from now there will be 21 million total. If 10% of the United States wanted a 1 bitcoin savings account, they couldn't have it. When you consider it's a worldwide currency hedge, the prospective adoptive population is much larger than 10% of the US. Thanks for the reply , but i really don’t understand it . I don’t do very many internet purchases , and if I do it is with a cr dit card with a limit . Most of my purchases are with cash . I have a credit card for gas purchases . I still use checks for most bills . I dont trust computer based currencies . Yeah , I’m probably uneducated on all this , but I like purchasing and banking with people I can get hands my on if they screw me out of my hard earned money . |
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Quoted: Lol do you keep paper money under your mattress or what? It's all zeros and ones. View Quote View All Quotes View All Quotes Quoted: Quoted: Never really understood the “bitcoin” thing . Seems odd people would trust money on a computer . Yeah , I’m a boomer and not ashamed to say it . I could never get anyone to explain it to me so that it made any sense . . Lol do you keep paper money under your mattress or what? It's all zeros and ones. How did you know ? Imma keep an eye on you ! |
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Quoted: Most people trust money in their bank held digitally. Bitcoin removes the untrustworthy government and bank from the equation and lets you send or receive value over long distance without knowing or trusting the ssender. It follows a planned inflation cycle that approaches zero inflation over time. Bitcoins inflation rate has been below the feds target rate for four years and in a few weeks it will be less than half the feds target rate for USD. Due to the limited nature and worldwide utility I expect BTC to continue climbing for awhile longer. I believe it's value will stabilize over time as the value increases and acceptance increases. When the last bitcoin is produced 100 years from now there will be 21 million total. If 10% of the United States wanted a 1 bitcoin savings account, they couldn't have it. When you consider it's a worldwide currency hedge, the prospective adoptive population is much larger than 10% of the US. View Quote the problem with this logic is after 15 years in i still dont know anyone who has bought something with bitcoin. Nor have i heard an example of someone actually exchanging something for bitcoin. Ive heard of people buying bitcoin to get in on a rise, but im not sure theres a real use case in the end. Gold has been a medium of exchange for like 10000 years or more. Its not perfect either it has its problems but atleast it has a track record |
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Quoted: Found arfcom looking for real world reviews and lurked for over a decade. So much information. Lots of deals and news I enjoyed following the riots and always had a great time reading here after work. I don't know if it's the loss of old members or what this place seemed cooler before I started posting. Maybe it's me View Quote Attached File |
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Quoted: Found arfcom looking for real world reviews and lurked for over a decade. So much information. Lots of deals and news I enjoyed following the riots and always had a great time reading here after work. I don't know if it's the loss of old members or what this place seemed cooler before I started posting. Maybe it's me View Quote To be perfectly candid, this sounds like a case of "Stop liking what I don't like." And I say that as a guy who owns a modest amount of PMs and no bitcoin. |
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Quoted: Found arfcom looking for real world reviews and lurked for over a decade. So much information. Lots of deals and news I enjoyed following the riots and always had a great time reading here after work. I don't know if it's the loss of old members or what this place seemed cooler before I started posting. Maybe it's me View Quote |
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Quoted: Found arfcom looking for real world reviews and lurked for over a decade. So much information. Lots of deals and news I enjoyed following the riots and always had a great time reading here after work. I don't know if it's the loss of old members or what this place seemed cooler before I started posting. Maybe it's me View Quote I mean, your entire thread premise is false, so yeah, it's you. |
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Quoted: the problem with this logic is after 15 years in i still dont know anyone who has bought something with bitcoin. Nor have i heard an example of someone actually exchanging something for bitcoin. Ive heard of people buying bitcoin to get in on a rise, but im not sure theres a real use case in the end. Gold has been a medium of exchange for like 10000 years or more. Its not perfect either it has its problems but atleast it has a track record View Quote When's the last time you witnessed someone use gold as a currency? You may have witnessed someone use crypto in everyday purchases and not even known. Coinbase has a visa card you can link to your account, swipes or taps or inserts just like any other visa. I offer to accept coinbase transfers when I sell shit but nobody has really taken me up on it. Most of my buyers are boomers though. |
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Quoted: the problem with this logic is after 15 years in i still dont know anyone who has bought something with bitcoin. Nor have i heard an example of someone actually exchanging something for bitcoin. Ive heard of people buying bitcoin to get in on a rise, but im not sure theres a real use case in the end. Gold has been a medium of exchange for like 10000 years or more. Its not perfect either it has its problems but atleast it has a track record View Quote |
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Quoted: the problem with this logic is after 15 years in i still dont know anyone who has bought something with bitcoin. Nor have i heard an example of someone actually exchanging something for bitcoin. Ive heard of people buying bitcoin to get in on a rise, but im not sure theres a real use case in the end. Gold has been a medium of exchange for like 10000 years or more. Its not perfect either it has its problems but atleast it has a track record View Quote Guy I went to school with used to buy drugs with bitcoin on silkroad. I asked why would some dude in Mexico mail you pills when he has your money and he said good business. I'm a repeat customer. I think it was $1200 per transaction. Dude would be generationally wealthy but spent them all. He burned himself out. I always thought it was dumb. |
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Quoted: Shitposting other folks ideas about what is right for them financially, because perhaps they don't line up with yours, is actually pretty shitty, so I'm going with it is you. View Quote Hurt feelings don't equal shitposting. We disagree with each other. What's shitty about that? I would say encouraging people to destroy their life savings is pretty shitty... I wouldn't want to have to explain to loved ones how I stayed at a poker table till broke. |
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Quoted: the problem with this logic is after 15 years in i still dont know anyone who has bought something with bitcoin. Nor have i heard an example of someone actually exchanging something for bitcoin. Ive heard of people buying bitcoin to get in on a rise, but im not sure theres a real use case in the end. Gold has been a medium of exchange for like 10000 years or more. Its not perfect either it has its problems but atleast it has a track record View Quote I haven't known anyone ever that bought anything with Gold Do you often pay for things with Gold? Also rated thread troll |
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Quoted: Hurt feelings don't equal shitposting. We disagree with each other. What's shitty about that? I would say encouraging people to destroy their life savings is pretty shitty... I wouldn't want to have to explain to loved ones how I stayed at a poker table till broke. View Quote Haven't even talked to anyone who has destroyed their life savings with btc. I guess you could go all in fomo at an all time high and be underwater for a while, most folks throw in a few grand they were probably gonna blow in the first place and are pleasantly surprised later on. |
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Quoted: Hurt feelings don't equal shitposting. We disagree with each other. What's shitty about that? I would say encouraging people to destroy their life savings is pretty shitty... I wouldn't want to have to explain to loved ones how I stayed at a poker table till broke. View Quote (while possible, you're completely right) But don't actually know what the future holds. |
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