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Thread: BTC Has Hit 25K

  1. #11

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    Quote Originally Posted by t00nces2 View Post
    Honestly, who cares anymore. We have been bitching about spending for years and it has never stopped. It isn't like you bitching about it is going to change anything. The train is rolling and nothing will stop it.
    We are now getting very close to the idea of universal basic income becoming mainstream. These so-called stimulus hand-outs are so deviously manipulative of the public thought process that from this time forward, the smallest economic hiccup will trigger demands for handouts to everyone. Anytime you brake a taboo (such as handing out "free" money), it becomes virtually impossible to STOP the practice, most especially in a democracy. Much as de Tocqueville predicted over two hundred years ago
    "It's the lure of easy money - It's got a very strong appeal." - Glenn Frey (The Smuggler's Blues)

    "A wise and frugal government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned." - Thomas Jefferson

  2. #12

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    Quote Originally Posted by LeadHead View Post
    We are now getting very close to the idea of universal basic income becoming mainstream. These so-called stimulus hand-outs are so deviously manipulative of the public thought process that from this time forward, the smallest economic hiccup will trigger demands for handouts to everyone. Anytime you brake a taboo (such as handing out "free" money), it becomes virtually impossible to STOP the practice, most especially in a democracy. Much as de Tocqueville predicted over two hundred years ago
    Stimulus is simply social welfare "repackaging" from monopoly source to eliminate middle man. Casino and Lottery "hands-out" is Dark Mafia stimulus so mafia boss able to pay their members.

    When you want universal income and empower others to "create money out of nothing", Robin Hood and Looters legitimate theft into state robbery as Legal. This is like all Empire using soldiers to loot and call it tax to give you protections. Today tax is not meant to support the Empire but rather to ensure all people rich/poor can be decided overnight like how China richest demonstrate. They are simply the last only country that can witness the brute force method without Hollywood styles stories. All states are student of Nazi states and China create higher version of Mao's touching stories for "socialism" again.

    digital FIAT of Dark budget to support crypto currencies 1.0 has been R&D and trials for over unknown number of years since the creation of encryption and high tech equipment with computers.

    Firewall/Network control able to cut off crypto at a click of button by filtering the Port number in users. Network ISP and infrastructures state owner can "authorize" and "unauthorize" like passport by giving the "License bank" to operate the cyrpto and create infinite money for itself again while creating poverty to the weakest and parasites on every producers to distribute "wealth". Central Banks is just a tool of Ruling and scapegoat some "representatives" for the convenience of evolution as a whole.
    Last edited by SnakeEater; 12-30-2020 at 06:50 PM.
    He who knows nothing is closer to the truth than he whose mind is filled with falsehoods and errors. ~ Thomas Jefferson

  3. #13

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    30K about to fall....
    Now there's no more oak oppression
    They passed a noble law
    Now the trees are all kept equal
    By hatchet, axe and saw.

    I will not comply.

    The Tea Party... quietly plotting to take over the world,
    and leave you the hell alone!

  4. #14

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    Quote Originally Posted by t00nces2 View Post
    30K about to fall....
    Over 31k.....I still dont comprehend this phenomena.
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

  5. #15

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    placed an order for Ethereum at $650, thinking it will drop a little from current high before it continues its upward movement. my son told me that the last bull run years ago for bitcoin and the other top cryptos was due to the average joe chancing it. now however this run and the upcoming huge run up is brought on by the large investment brokers and banks buying in with all the new helicopter money being printed everywhere. this theory makes somewhat sense to me so i am diversifying a bit and allocating some precious metal frn's into crypto's. playing in two ballparks should prove to be a win win scenario for my small time investment signature. 2021 here we go. something good must come from 2021 because the election sure did turn to pure shi t.

  6. #16

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    I got fomo and Bought all Christmas and new years started at 24000 kept going up to 32900. Market cap over 600 billion will trigger buying.

  7. #17

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    Just Waite whole countries will start buying in.

  8. #18

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    Quote Originally Posted by Miteysquirrel View Post
    Over 31k.....I still dont comprehend this phenomena.
    It is the biggest semi ponzi/pyramid scheme...ever. Although you could also say that Bitcoin is currency because currency is just an idea.

    Maybe the FRN is the biggest semi ponzi/pyramid scheme...ever and BTC is just the biggest DIGITAL semi ponzi/pyramid scheme...ever. Either way, as long as the Milleniums and below continue to BELIEVE in BTC, it will do just fine.

    I just think the blockchain will eventually get too big to make transactions easy.

    https://www.blockchain.com/charts/blocks-size

    Either way, I will not be messing with it, but I do hope our fellow Kitcoers do great with it.

  9. #19

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    Quote Originally Posted by maxwellsilverhammer View Post
    placed an order for Ethereum at $650, thinking it will drop a little from current high before it continues its upward movement. my son told me that the last bull run years ago for bitcoin and the other top cryptos was due to the average joe chancing it. now however this run and the upcoming huge run up is brought on by the large investment brokers and banks buying in with all the new helicopter money being printed everywhere. this theory makes somewhat sense to me so i am diversifying a bit and allocating some precious metal frn's into crypto's. playing in two ballparks should prove to be a win win scenario for my small time investment signature. 2021 here we go. something good must come from 2021 because the election sure did turn to pure shi t.
    If everyone buys it, we will all be rich together! We could eliminate poverty by just putting 10% of EVERYONE's income into Crypto.

  10. #20

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    Close enough to $34K.

    Buy when it's back down to $20K.

    Never in my life would I have expected myself to say that.

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