Crypto

HammerDown said:
Which is it, Dole? If the seven guys in this thread "buy into crypto" I'll keep the ponzi afloat and make more, right? Or is it the other way around? :headscratch:
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haven’t bothered to read the article. But was it crypto that Maddie cawthron is being investigated for a Ponzi scheme
 
The Fed has all the power in the world. We're headed for a global recession. It can be kinda' bad or a complete nightmare, depending on how much $ the Fed takes off its balance sheet.

The entire world has been put in a position to suck the Fed's dick, and the Fed doesn't like crypto. So, I'm not feelin' too optimistic for the falling price of Bitcoin. $30k in the next few weeks.
 
Dole ver 2.0 said:
Hammer, you have created wonderful forum sites and I am forever thankful to you for that.

And when you go bust on the crypto fraud, I will pay for one week for you, only, at an Extended Stay America. Room only, for one week. Food and extras are on you, so that you don't immediately become homeless.

Thoughts and prayers, brother.
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My cash app is lonely, show it sum love?
 
Dole ver 2.0 said:
Can't spare any cash for you. Using it to buy delinquent tax debts on various properties.

Why don't you try Catholic Charities?
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I'll take that invisible monies doesn't have to be cash that's just the name of the app
 
JuiceTheGator said:
The Fed has all the power in the world. We're headed for a global recession. It can be kinda' bad or a complete nightmare, depending on how much $ the Fed takes off its balance sheet.

The entire world has been put in a position to suck the Fed's dick, and the Fed doesn't like crypto. So, I'm not feelin' too optimistic for the falling price of Bitcoin. $30k in the next few weeks.
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This is an extremely interesting time in global finance and opinions abound. Literally you can throw a dart at a board covered in opinions and it'll be just as sound as any other strategy. No one really knows.

But yes. What we do know? The Fed will call the shots and the markets, all of them, will react accordingly.

The Fed printed 40% more money in the last two years and now it's time to pay the piper.

I do believe a capitulation event is coming very soon in crypto and I think it's going to be very due and very healthy. It'll accomplish a lot, mainly weeding out all the weak hands and triggering a massive, unprecedented inflow of capital from investors with infinite cash that needs a home. Bitcoin is a no-brainer at $28k.

I had an order up until yesterday morning for Bitcoin at $37.2 but cancelled it. I'm buying at $36.1 but if it loses that support, I'm out. Not going to try catching a falling knife.

Shit's about to get interesting. I was buying $ALGO and $AVAX but no more altcoins. I'm officially a Bitcoin maximalist. Next big leg up, I'm liquidating all alts I have on Coinbase and will buy more Bitcoin on the next dip. I do have a nice portfolio in Celsius HODL mode that's grandfathered in, earning very nice rewards. Won't touch that but everything else is buying Bitcoin and moving into cold storage.

Demand up! Supply down. It's engineered perfect money.

Buy Bitcoin.
 
Dole ver 2.0 said:
Yet you keep imploring us to buy into crypto. If it was real you'd keep it to yourselves.
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"If it was real"

Dole, take 90 mins out of your life and watch the following two videos. When you are done and you've had your Eureka moment, please sent donations to my Bitcoin waller.

First, watch this...



Then, watch this...



@JuiceTheGator you'll like this second one. Skip around and you'll find his sentiment on what the Fed is going to do. @Dole ver 2.0 if you're not going to watch these, let me know as I'm going to find one 2 min clip that perfectly characterizes the ignorance and fear you've so perfectly expressed in this thread.
 
HammerDown said:
"If it was real"

Dole, take 90 mins out of your life and watch the following two videos. When you are done and you've had your Eureka moment, please sent donations to my Bitcoin waller.

First, watch this...



Then, watch this...



@JuiceTheGator you'll like this second one. Skip around and you'll find his sentiment on what the Fed is going to do. @Dole ver 2.0 if you're not going to watch these, let me know as I'm going to find one 2 min clip that perfectly characterizes the ignorance and fear you've so perfectly expressed in this thread.
Click to expand...

The Fed's going to back off on shrinking the balance sheet. The interest rate tough talk is telling because raising rates doesn't do jack shit to inflation. The money supply has to shrink and they won't pull money out will GDP is plummeting, like now.

Still, we're precariously on the edge of a cliff and everyone knows it. So, speculation will continue to lessen.
 
JuiceTheGator said:
The Fed's going to back off on shrinking the balance sheet. The interest rate tough talk is telling because raising rates doesn't do jack shit to inflation. The money supply has to shrink and they won't pull money out will GDP is plummeting, like now.

Still, we're precariously on the edge of a cliff and everyone knows it. So, speculation will continue to lessen.
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Yusko argues that it's not even inflation, it's purposeful devaluation of the dollar.

Bitcoin fixes this.
 
HammerDown said:
Yusko argues that it's not even inflation, it's purposeful devaluation of the dollar.

Bitcoin fixes this.
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Why? I've heard the argument, but think it's just easier and less risky to buy some foreign stocks if the Dollar heads south.
 
Dole ver 2.0 said:
I'm thinking Boeing is suppressed enough. Tempted to buy.
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The textbook says it takes 3 days for every dummy to see the news and sell at the bottom. Growing global unrest makes it a safer deal.

The algos will probably try to retest 143 from 11/2020.
 
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