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Having said that, what do you trade it for for value?
oh, that's right, the dollar, dollar bill y'all.
Really? ...can you explain how this works?
Because Bitcoin is a trap for suckers.
Being that Bitcoin's algorithm was patented by the U.S. government and that its birth coincided with the absurd bank bailouts, my guesstimations enter Bitcoin as the fall back plan to the next recession as no amount of bail out can revive a fiat economy thereafter.
originally posted by: Mandroid7
originally posted by: projectvxn
Buy bitcoin.
If you want to "protect" your investment by investing in devalued dollars that's your problem.
Really?
...can you explain how this works?
Because Bitcoin is a trap for suckers.
The whole premise of it's value is to hope other people are dumb enough to invest, then you jump ship with their money.
It's basically stealing from stupid people's futures. A race to jump out with their money first.
Once it was traded, it was killed.
Having said that, what do you trade it for for value?
oh, that's right, the dollar, dollar bill y'all.
en.wikipedia.org...
patft.uspto.gov...,829,355.PN.&O S=PN/6,829,355&RS=PN/6,829,355
originally posted by: ttobban
a reply to: projectvxn
Bitocin uses the SHA 256 algorithm and was released at the time of the 2008 bailouts. If you ask me, 2008 was the initiation of the fallback plan. Any good plan has a fallback plan, and it was wise for the U.S. to introduce Bitcoin to the world as the savior of the oppressive USD.
en.wikipedia.org...
patft.uspto.gov...,829,355.PN.&O S=PN/6,829,355&RS=PN/6,829,355
Dude, it's traded on the stock market, it's like a stock or commodity now.
It's very similar to Western Union stock. Except Western Union is established
All your targeted gains rest on you influencing others to join in while you jump out with your profits
originally posted by: St Udio
Yeah.... he wants You absent so he can capitalize with fewer competition
the Fed has made clear They have reviewed their Rate-Hikes Strategy for 2019 & they Wont hike rates this year OR in 2020 of the election cycle year
Trump cornered the Fed & They 'Blinked'
... there has been a major development this year, which is the Fed caving in and starting to flip flop in order to stop the stockmarket crashing.
However, the Fed can’t have its cake and eat it too – it has to decide what it prefers – a stockmarket driven higher by endless QE that leads to hyperinflation against the background of a collapsing dollar in the face of mammoth debts, or a high(er) interest rate policy to prop up the dollar that implodes the stockmarkets leading to a depression – some choice.
Their backpedaling last month to goose the markets has kicked a major prop out from under the dollar, which threatens to tip into a severe decline, and each time the Fed flip flops verbally to try to save first the stockmarket and then the dollar it will lose credibility, until it ends up with none, and amongst more intelligent people it hasn’t got very much to start with.
I told the guys in another thread to hold and get 10% by Feb. Good investment if you ask me.