Megadick3000
Member
Almost there boys...
MESO-Rx
Anabolic Steroids
Bitcoin crash buy?
- Thread starter jJjburton
- Start date
MR_Midas
Member
Yes, another attraction and excitement
We're not even close to the bottom.
Everything is grossly inflated, there is no one that is gonna pump bitcoin as it has absolutely no value at all to our survival.
Don't be surprised if bitcoin eventually hits below $1000.
Tech sector investments are gonna go to shit as they are the most worthless of investments right now. No one is stupid enough to dump money in crypto, if anything investors are gonna need some sort of emergency break, a shutting down of the markets. I recently froze the investments I could with the help of my advisors, locked in a number and I will sit on that shit until my contract renews next year. Just in the past two weeks I would have lost another $30K , which from the beginning of the year I lost $90K
You can see it in the face of money managers, my guys are certainly on edge at what we're heading for, they know it's gonna be a shit show with all these retired people standing to lose their retirements.
We are heading for a disaster, expect 65% loss in stock values, expect massive job losses.
Companies are gonna pull in all the money they can and it sure isn't gonna go into crypto.
Everything to do with our economy is energy, without fossil fuels we're fucked and there's no way you can keep a fake economy going like we have which is all service jobs as they have no value at all to the economy, but at the same time manufacturing requires massive amounts of energy. No where to go but a major correction until the return to very cheap energy.
Do future generations resign themselves to a lifetime of managed debt. The older people are depending on investments that are packaged up and sold to younger people to enslave them. The younger generations will rebel eventually, there will come a time when this system is no longer worth preserving and it's deemed better to secure water, shelter, food, and lots of weapons to protect your tribe.
We gotta return back to the basics, be less wasteful, concentrate on doing things that last and are productive. Bitcoin mining is a waste of energy and money, it serves no purpose to the survival and standard of living to humans. Time for Americans to stop dreaming about having the perfect life and career and instead focus on what each person needs to survive.
Everything is grossly inflated, there is no one that is gonna pump bitcoin as it has absolutely no value at all to our survival.
Don't be surprised if bitcoin eventually hits below $1000.
Tech sector investments are gonna go to shit as they are the most worthless of investments right now. No one is stupid enough to dump money in crypto, if anything investors are gonna need some sort of emergency break, a shutting down of the markets. I recently froze the investments I could with the help of my advisors, locked in a number and I will sit on that shit until my contract renews next year. Just in the past two weeks I would have lost another $30K , which from the beginning of the year I lost $90K
You can see it in the face of money managers, my guys are certainly on edge at what we're heading for, they know it's gonna be a shit show with all these retired people standing to lose their retirements.
We are heading for a disaster, expect 65% loss in stock values, expect massive job losses.
Companies are gonna pull in all the money they can and it sure isn't gonna go into crypto.
Everything to do with our economy is energy, without fossil fuels we're fucked and there's no way you can keep a fake economy going like we have which is all service jobs as they have no value at all to the economy, but at the same time manufacturing requires massive amounts of energy. No where to go but a major correction until the return to very cheap energy.
Do future generations resign themselves to a lifetime of managed debt. The older people are depending on investments that are packaged up and sold to younger people to enslave them. The younger generations will rebel eventually, there will come a time when this system is no longer worth preserving and it's deemed better to secure water, shelter, food, and lots of weapons to protect your tribe.
We gotta return back to the basics, be less wasteful, concentrate on doing things that last and are productive. Bitcoin mining is a waste of energy and money, it serves no purpose to the survival and standard of living to humans. Time for Americans to stop dreaming about having the perfect life and career and instead focus on what each person needs to survive.
MR_Midas
Member
It's true that our economy, as sectors, are flying down and the bottom has not yet been reached and it will be very painful and we really need to focus on real sectors, on production. Hard times ahead, hard times and we all have to go through this
BawlsDeep
Subscriber
Man I hope youre right about 20k being a bottom point
Almost like a Bernie Madoff style scheme...
The major problem with crypto is the huge amount of power it needs to sustain mining, it takes about 9 years of the average household electricity to mine one bitcoin. That will probably come down considerably as the price crashes, but it's still an energy hog.
Crypto takes 7 times the energy that all of googles global operations require.
For this reason it would appear a massive crash is inevitable as countries restrict energy.
There will always be ways to send funds without being traced and perhaps even better methods than crypto that don't require near as much energy to maintain. The money to buy anabolics isn't the problem, that's not what is getting people busted, it's physical possession; either not using a good reshipper for international packs or a source that screws up and exposes himself to LE through being an out of control idiot.
As for the value of crypto, anything digital has absolutely no real value at all. I know the tech nerds want to put themselves up on a pedestal, they want to seem important, but I grew up in the era of the manual typewriter, no internet, rotary dial phones. The only thing that has real value is land, physical resources and food, everything else you can live without and most of this bullshit that people value is entertainment or vanity.
As assets become more and more detached from physical reality they artificially inflate causing people to think they have value because it's so easy to print out a statement showing massive growth of funds. If you have money you buy land and resources, you let the Federal Reserve set very high interests rates and you park money in the bank and let them pay you 7% every year guaranteed, you force companies to borrow money through banks at high interests and you flush the stock market down the toilet as it is a huge ponzi scheme that allows life savings to evaporate into thin air with zero accountability.
Crypto takes 7 times the energy that all of googles global operations require.
For this reason it would appear a massive crash is inevitable as countries restrict energy.
There will always be ways to send funds without being traced and perhaps even better methods than crypto that don't require near as much energy to maintain. The money to buy anabolics isn't the problem, that's not what is getting people busted, it's physical possession; either not using a good reshipper for international packs or a source that screws up and exposes himself to LE through being an out of control idiot.
As for the value of crypto, anything digital has absolutely no real value at all. I know the tech nerds want to put themselves up on a pedestal, they want to seem important, but I grew up in the era of the manual typewriter, no internet, rotary dial phones. The only thing that has real value is land, physical resources and food, everything else you can live without and most of this bullshit that people value is entertainment or vanity.
As assets become more and more detached from physical reality they artificially inflate causing people to think they have value because it's so easy to print out a statement showing massive growth of funds. If you have money you buy land and resources, you let the Federal Reserve set very high interests rates and you park money in the bank and let them pay you 7% every year guaranteed, you force companies to borrow money through banks at high interests and you flush the stock market down the toilet as it is a huge ponzi scheme that allows life savings to evaporate into thin air with zero accountability.
MR_Midas
Member
It has already been lower, and a further fall is predicted.
BawlsDeep
Subscriber
I just bought more
MR_Midas
Member
I'm still waiting for the fall down, I will also take.
Code:
https://bitcoinmagazine.com/culture/why-you-should-sell-your-bitcoinThis is a pretty good article I read the other day. I'm in it for the long haul because I do believe that btc will be worth a lot more money in the future.
I honestly wish I had a bunch of money to buy up more now while it's low.
Time will tell, but I believe in this. Our USD is no longer backed by gold. There is a finite number of coins to be mined.
You certainly can't say that about the USD. Our government prints money that isn't backed like it's going out of style. Hence, some of reason for the insane inflation that we're all living with now.
Hopefully, it isn't a pipe dream. But I know that when I first started learning about Bitcoin, it was about $50-100 per coin. Hindsight being 20/20. I sure wish I would of bought a grand or ten grand worth way back then.
Time will tell and Bitcoin my well wind up separating the haves from the have nots in the future.
I personally know a guy that has made a lot of money through crypto and he isn't jumping ship yet. Hell. He even went so far as to let some online crypto exchange exchange hold onto nearly 20 coins for the next 20 years with a guaranteed minimum payout and potentially a hell of a lot more if Bitcoin does indeed continue to get more valuable.
Guys who are saying that it's over haven't followed very closely. Bitcoin has dipped with the economy in the past. But it had recovered a lot quicker than the stock market when that has happened, historically.
I personally don't think any of y'all will go wrong investing at the prices that it's been at recently. If you buy now to hold onto long-term, you may just be setting yourself up for early retirement. But only time will tell and this game definitely isn't for everyone, although everyone is invited.
ImHereForBothReasons
Member
The USD isn’t backed by gold, true, but it is backed by the US military and the military industrial complex.
MR_Midas
Member
And when was the last time the dollar was backed by gold. As I remember it was a very long time ago. The machine keeps printing and printing dollars.
Boyplunger
New Member
I assume Bitcoin is a good long-term investment for the next 1-3 years and is globally bullish.
GuerillaPete
Member
I think it hits 8k before it hits 30k again
BTC is going to $10k or possible $8k. This is as long as we don’t hear more about governments getting into the digital currency market by making their own. I would hold out until at least $10k if you are looking for investment, but that would be after the crash that is coming next year.
MR_Midas
Member
A very interesting situation. I wonder where the bottom of the collapse?
euroids.ws
Subscriber
Hi friends;
At the same time, it is necessary to look at the condition of other metals such as gold and silver. As recession prospects increase, they may seek shelter in metals. I don't think there will be a very serious increase in BTC and others until the risk appetite increases again and the FED completes the rate hike decisions.
Thanks.
At the same time, it is necessary to look at the condition of other metals such as gold and silver. As recession prospects increase, they may seek shelter in metals. I don't think there will be a very serious increase in BTC and others until the risk appetite increases again and the FED completes the rate hike decisions.
Thanks.
I would consider $3k btc to be a total collapse of the crypto market. That’s where I would consider an investment as long as the feds keep their hands out the pot. I still think a digital dollar is a bit in the future, but you never know. The faster these idiots in DC print money the closer we get.
MR_Midas
Member
Hello. Buddy.
Do you think a recession will come and is it better to invest in metals? It seems to me that crypto is more promising and marginal, or am I wrong?
Similar threads
Sponsors
Latest posts
-
MESO-Rx Sponsor PCT 24X7 "1 stop shop for all day healthcare"- Latest: autisticschizo
-
-
