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 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 11, 2021 1:06 pm 
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Juiced wrote:
Nardi wrote:
SpiralStairs wrote:
Nardi wrote:
SpiralStairs wrote:
I think this is it boys. This is the end of the party.

Bitcoin eats inflation all day, every day.


Me holding out for Juiced's promised December/January dump to load up again.

Feb/Mar and that's a big if with institutional money pouring in. So it's a different situation than 2013 and 2017. Inflation another factor.


I didn't factor in Biden administration historical fuck ups.



Of course not. That was difficult to predict.

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 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 11, 2021 1:12 pm 
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Juiced wrote:
Nardi wrote:
SpiralStairs wrote:
Nardi wrote:
SpiralStairs wrote:
I think this is it boys. This is the end of the party.

Bitcoin eats inflation all day, every day.


Me holding out for Juiced's promised December/January dump to load up again.

Feb/Mar and that's a big if with institutional money pouring in. So it's a different situation than 2013 and 2017. Inflation another factor.


I didn't factor in Biden administration historical fuck ups.

Even so, it still seems to be the consensus even though they pushed back the crash to Feb.

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 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 11, 2021 1:48 pm 
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Sorry, denis.

I bailed on IBM a few days ago. Invested it into some Lithium stock and made the loss back already and then some.

I am cleaning up on uranium stocks this year. UEC has doubled since I grabbed it in Jan/Feb. I had a few others doing well also.

Uranium itself might hit a price point for it in early 2022 that could increase the supply through opening additional mines so if you go in be aware. The consensus is that price is $60.

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 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 11, 2021 3:35 pm 
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Nothing pisses me off more than all the liars in government, starting with Biden, Jerome Powell, the frog (Janet Yellen) and Fauci on down. The Fed has been saying inflation is transitory but it has been anything but. We've had inflation for years but is only getting noticed now by MSM because consumer prices were up 6.5% yoy in Oct. Now Biden is saying the inflation is due to supply-chain problems, which is mostly false. Inflation is due to the unlimited money printing by the Fed. That's why they stopped publishing a record of M1 monthly. Of course, they don't want to quit because that printed money is what allows them to rig the bond market and keep yields artificially low so they can keep issuing worthless debt.

Our own government is causing the inflation and then they deny it or flat-out lie about it. Luckily, it's is a huge political issue. But getting rid of Biden won't change anything. Whoever is the next President will be a puppet of the Fed and military industrial complex. To end inflation you have to end the Fed, which means end the whole federal government.


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 Post subject: Re: Crypto/Stocks
PostPosted: Thu Nov 11, 2021 3:55 pm 
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repaying fixed rate loans with less valuable monopoly money while your paycheck increases and your home/real estate/baseball card collection all skyrocket in value sounds awful

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 Post subject: Re: Crypto/Stocks
PostPosted: Fri Nov 12, 2021 7:14 am 
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"The truth of the matter is, the lowest risk thing you can possibly buy right now is Bitcoin, because there’s no CEO, there’s no corporate headquarters…

The product is simple: it’s one 21-millionth of all the money in the network forever, so you’re getting away from the board of directors and the employee base and the regulatory nexus and the competition, and you already know there’s a demand for a non-sovereign store of value.

It’s scarce, they might say it’s a speculative store of value. But if it wasn’t speculative, it would be trading at $10 million a coin right now. The only thing that keeps it from going up by a factor of a hundred is the fact that it’s ‘speculative,’ but otherwise, it seems to me it’s a lot more risky to buy gold, it’s a lot more risky to buy a company, a stock, even a big tech monopoly.

I think that the best thing you could possibly have is the volatility that keeps all of the conventional thinkers out of the asset, because that gives you a chance to buy it cheap.”

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 Post subject: Re: Crypto/Stocks
PostPosted: Fri Nov 12, 2021 9:10 am 
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 Post subject: Re: Crypto/Stocks
PostPosted: Fri Nov 12, 2021 3:35 pm 
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Cardboard placards?

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 Post subject: Re: Crypto/Stocks
PostPosted: Fri Nov 12, 2021 7:01 pm 
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Dr. Kenneth Noisewater wrote:


4,6/1,2,4,5,6/1,2,3,4,5,6

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 Post subject: Re: Crypto/Stocks
PostPosted: Fri Nov 12, 2021 7:06 pm 
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Nardi wrote:
Cardboard placards?


It does look like a fake picture, doesn't it?

I didn't look that closely originally.

Weird.

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 Post subject: Re: Crypto/Stocks
PostPosted: Fri Nov 12, 2021 7:52 pm 
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i downloaded the pic of the hotties, demogrified it using ffmpeg, and then extracted each generation of exif, pdiddy and yogotti data; then rebuilt each generation into stand-alone pics in GIMP. it's filtered and touched up, heavily, several times over from the original.


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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 16, 2021 10:59 am 
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fun little fantasy app for comparing low mkt cap/low circ tokens to the competition:

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 Post subject: Re: Crypto/Stocks
PostPosted: Fri Nov 26, 2021 10:23 am 
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Dow down 1,000 due to new Covid variant worries.

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 Post subject: Re: Crypto/Stocks
PostPosted: Fri Nov 26, 2021 11:39 am 
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Black Friday sale on crypto, good time to stock up on all the favorites, $USDC, $BUSD, $USDT, $UST, $CASH (?), some new Solana stablecoin. Better APY than the bank (10 to 25% currently) when paired up with another stable.


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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 8:30 am 
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Good lord CNBC is pushing the omicron fear.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 8:37 am 
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Jbi11s wrote:
Good lord CNBC is pushing the omicron fear.



I just spent the last week in Florida and Georgia. COVID doesn't even exist down there. At this point, I have to say that calling what's occurring in the big blue cities a "hoax" isn't an overstatement. The nation is NOT gripped by COVID. It's gripped by FEAR.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 8:43 am 
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North and South Dakota are the same way.

Yesterday Jim Cramer said there needs to be a vaccine “requirement” to live in this country.

His fear has been alarming the last year, but I think part of it is he’s been traumatized by the stonks crowd describing in detail cuckold scenarios between him, his wife, and her hypothetical boyfriend.

He was calling for Reddit and Twitter censorship last summer.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 8:56 am 
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Dallas was the same way in October.

Tulsa, OKC and Bentonville were the same way in November.

The only place you saw masks was in the airport.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 9:03 am 
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Joe Orr Road Rod wrote:
Jbi11s wrote:
Good lord CNBC is pushing the omicron fear.



I just spent the last week in Florida and Georgia. COVID doesn't even exist down there. At this point, I have to say that calling what's occurring in the big blue cities a "hoax" isn't an overstatement. The nation is NOT gripped by COVID. It's gripped by FEAR.

No one really cares anywhere besides airports and that is because people don't like being duct taped to a chair.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 9:09 am 
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Hospitals care as well

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 9:11 am 
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Jbi11s wrote:
Hospitals care as well

For the $$$?

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 9:12 am 
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Of course

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 9:45 am 
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Joe Orr Road Rod wrote:
Jbi11s wrote:
Good lord CNBC is pushing the omicron fear.



I just spent the last week in Florida and Georgia. COVID doesn't even exist down there. At this point, I have to say that calling what's occurring in the big blue cities a "hoax" isn't an overstatement. The nation is NOT gripped by COVID. It's gripped by FEAR.


I went to two concerts this weekend where no one was masked in this big blue city

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 10:31 am 
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good dolphin wrote:
Joe Orr Road Rod wrote:
Jbi11s wrote:
Good lord CNBC is pushing the omicron fear.



I just spent the last week in Florida and Georgia. COVID doesn't even exist down there. At this point, I have to say that calling what's occurring in the big blue cities a "hoax" isn't an overstatement. The nation is NOT gripped by COVID. It's gripped by FEAR.


I went to two concerts this weekend where no one was masked in this big blue city



Yeah, when you enter a bar COVID disappears.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 11:04 am 
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Powell just sank the market, saying that it looks like inflation isn't "transitory" anymore. No shit!

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 11:07 am 
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Jaw Breaker wrote:
Powell just sank the market, saying that it looks like inflation isn't "transitory" anymore. No shit!


Hah, the people in Washington are too sheltered. I saw some stat that the Fed has purchased like 84% of all new treasury issuances. They have expanded the money supply endlessly.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 11:44 am 
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Bitcoin wrote:
Cool!

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 12:53 pm 
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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 1:04 pm 
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denisdman wrote:
Jaw Breaker wrote:
Powell just sank the market, saying that it looks like inflation isn't "transitory" anymore. No shit!


Hah, the people in Washington are too sheltered. I saw some stat that the Fed has purchased like 84% of all new treasury issuances. They have expanded the money supply endlessly.


The Biden Administration and its friends in the media can sell a lot of different lies but one lie they can't get away with is telling a person how much money he has in his wallet.

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 Post subject: Re: Crypto/Stocks
PostPosted: Tue Nov 30, 2021 1:28 pm 
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Joe Orr Road Rod wrote:
denisdman wrote:
Jaw Breaker wrote:
Powell just sank the market, saying that it looks like inflation isn't "transitory" anymore. No shit!


Hah, the people in Washington are too sheltered. I saw some stat that the Fed has purchased like 84% of all new treasury issuances. They have expanded the money supply endlessly.


The Biden Administration and its friends in the media can sell a lot of different lies but one lie they can't get away with is telling a person how much money he has in his wallet.


It is interesting in that much higher minimum wages, keeping real interest rates negative, handing out all sorts of money for the unemployed and renters has led to the type of inflation that takes away much of the benefits.

I prefer sound economics which certainly does not call for the growth in the money supply, deficit spending, and sustained zero interest rates that we have seen.

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