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Thread: Bitcoin and the new financial world....or something like that

  1. #61
    Patrol Freak
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    Sexy as F..ck! Who doesn't love this shit (when it goes right)!

    Now, if only I can get it to pay my diesel bill for the year....

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    Between Patrols ATM. Had a beaut GU with 6.5 Chev TD. Next is a GU ute with a 4.5 litre Cummins conversion and a camper on the back.

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  3. #62
    Breadmaker Shaker Plasnart's Avatar
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    Quote Originally Posted by LeroyReynolds View Post
    Bitcoin touched an all-time high and started correcting again.
    Yup, that's also what they call a dive. Happens in all investment options, just not so volatile in most.

    What is the charge? Eating a meal? A succulent Chinese meal??

  4. #63
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    Quote Originally Posted by mmor View Post
    I think BTC will be the future currency
    Naw.
    It'll be CBDC controlled by the IMF linked to your MicrosoftPfizer™ 5G nano-assembler-bot implant...

    (no shit, look up microsoft patent #060606)
    - 1990 LWB Safari flatdeck, TD42 -
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    Adebayor Bloomfield (2nd May 2023)

  6. #64
    Beginner Adebayor Bloomfield's Avatar
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    Quote Originally Posted by mihit View Post
    Naw.
    It'll be CBDC controlled by the IMF linked to your MicrosoftPfizer™ 5G nano-assembler-bot implant...

    That is why I prefer to keep my coins on ownr wallet.
    Unfortunately you are right. CBDC will surrender the crypto market. I doubt very much that crypto people wiii be able to find any advantages in current cryptocurrencies which could even theoretically fight against CBDC. CBDC means total control over the population, my opinion.
    Last edited by Adebayor Bloomfield; 3rd May 2023 at 07:01 AM.

  7. #65
    Patrol Guru Coldcomfort's Avatar
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    I own 250K XRP and 175K FLR. FLR is returning a pretty average monthly return at the moment but the outlook is promising. But only in the long term. That is the next 5 years.

    I dont believe many of the theories that are about these days.
    Be the person that your dog thinks you are!!

  8. #66
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    Quote Originally Posted by Adebayor Bloomfield View Post
    Unfortunately you are right. CBDC will surrender the crypto market. I doubt very much that crypto people wiii be able to find any advantages in current cryptocurrencies which could even theoretically fight against CBDC. CBDC means total control over the population, my opinion.
    I'd tend to agree...the capacity certainly exists, and it will almost certainly be exploited.

    And once people realise that the "legal tender" or "promissory notes" they believe to be "money"...are created ex nihilo and technically value-less... or that "we the people" literally can't pay back the trillions of dollars of debt the governments enroll citizens for...
    CBDC will be sold as a great convinience, and people will believe it.




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    It was bound to happen:
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    Quote Originally Posted by Coldcomfort View Post
    I own 250K XRP and 175K FLR. FLR is returning a pretty average monthly return at the moment but the outlook is promising. But only in the long term. That is the next 5 years.
    Well unless economics generally has changed (I don't think it has) your minimum roi period to consider is 10 years. If you're not confident at 10 years, probably cash out on a peak. Monthly fluctuations are almost irrelevant.

    I dont believe many of the theories that are about these days.
    Any in particular? cos us "conspiracy theorists" are up about 43 to nil
    - 1990 LWB Safari flatdeck, TD42 -
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    1989 LWB 5-Seat, TD42

  9. #67
    Patrol Guru Coldcomfort's Avatar
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    Quote Originally Posted by mihit View Post
    I'd tend to agree...the capacity certainly exists, and it will almost certainly be exploited.

    And once people realise that the "legal tender" or "promissory notes" they believe to be "money"...are created ex nihilo and technically value-less... or that "we the people" literally can't pay back the trillions of dollars of debt the governments enroll citizens for...
    CBDC will be sold as a great convinience, and people will believe it.




    --
    It was bound to happen:
    https://scoop.me/eu-regulation-cryptocurrencies/


    Well unless economics generally has changed (I don't think it has) your minimum roi period to consider is 10 years. If you're not confident at 10 years, probably cash out on a peak. Monthly fluctuations are almost irrelevant.


    Any in particular? cos us "conspiracy theorists" are up about 43 to nil
    I got my FLR for free in the XRP/FLR air drop. They are worth about $US5K at the moment. So I shouldn't loose anything there. I bought XRP in 2016 at about $AU5c (from memory) There has been lots of times I should have cashed out. Hind sight is 20/20. But the Ripple/SEC litigation is drawing to a close and $AU10 is a possibility. That's my cash out point. But only half of them. I'll ride the rest to what ever in the future.

    I didn't say conspiracy theory. Just many of the speculative wishes that abound in the crypto space.
    Be the person that your dog thinks you are!!

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    mihit (5th May 2023)

  11. #68
    ......... MB's Avatar
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    No wonder Gruberments are Perplexed Back your own Realitys


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  12. #69
    Patrol Guru Coldcomfort's Avatar
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    Its a good time to own crypto..........
    Be the person that your dog thinks you are!!

  13. #70
    ......... MB's Avatar
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    My deepest apologies Folks Since arrogantly posting upon reflection here a please: ‘Safely Stick with Bricks & Mortar’ approach back in early 2021 my house & land has merely increased by 58.9%
    The good news here for all concerned is that an old partner has taken 70% of the total so Crypto Technically wins by default 🫤


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    Cremulator (14th July 2023), Plasnart (14th July 2023)

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