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Bitcoin gamblers what is elon musk up to

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Replies: 163
By:
dustybin
When: 08 Jun 21 13:12
The police hijacked that european criminal messaging app a few months ago, perhaps its that.
By:
dustybin
When: 08 Jun 21 13:14
Infiltrated perhaps the word.
By:
dave1357
When: 08 Jun 21 13:38
I think "created" is the word

The FBI and Australian officials developed an encrypted device company which eventually gave them access to hundreds of criminal networks.

https://www.nbcnews.com/news/world/hundreds-arrested-around-world-global-organized-crime-sting-n1269920
.
By:
know all
When: 08 Jun 21 14:14
El Salvador is nice. What makes you think all (or any) nations are bankrupt, know all?

when you print money like they are all doing, you cant borrow the numbers they are printing, its which small number arnt bust, we nearly fell uk in 2008 think they had 24 hours before we failed, think you might find covid is the plan to maybe sieze wealth why would they be ruining the likes of the travel business on purpose making up variants as they scare us all to death, june 21 was never going to happen from day 1, they know that its control, as for bats which they ate for thousands of years ffs of coure its man made
By:
dustybin
When: 08 Jun 21 14:27
Some crackpottedness going around.
Central banks print money in return for government gilts and the government then uses the funds to buy corporate bonds.

What is a better way?
Having a crypto that has nothing underpinning it other than 'scarcity'?
I seem to recall bitcon already having to have its basecode or whatever its call rewritten once before as it contained errors, whats to stop an even greater flaw being found in the future?
By:
unitedbiscuits
When: 08 Jun 21 14:27
Quite a lot to unpack, there, know all.
By:
thegibbons
When: 08 Jun 21 14:38
Cannot see central Bank CBDC'S  Being much danger to BTC
When all they do is sit there loosing value.
By:
dave1357
When: 08 Jun 21 14:44
know all, I thought you said that you weren't going to sell until bitchcoin reached $100k?
By:
GAZO
When: 08 Jun 21 14:45
dustybin,when do you suggest they stop printing money to do that ?
By:
dustybin
When: 08 Jun 21 14:50
They perhaps never will, just as one of the mechanisms used by many nations with large economies (and some pokey banana republics)
But inflation can be controlled in large economies so its not such an issue.
Ofc the nagative is that holders of wealth are actually having their esates dwindled in the process, but whats the alternative?
There is no perfect remedy.
By:
dustybin
When: 08 Jun 21 14:51
negative
By:
GAZO
When: 08 Jun 21 15:01
how do they control inflation ?
By:
dustybin
When: 08 Jun 21 15:10
There are a number of ways, each under their own economic theory. You are better seeking those answers on the internet.
We are largely caught up in a cycle of creative destruction where enterprise is given the leeway of wealth creation through corporate efficiencies, following investment from the state which improves product and (hopefully increases wages)

I suspect you are about to tell my your alternative where pretend wealth that is primarily used by people with things to hide convince the world crypto money should retain the same confidence in it as establised currencies of nations backed up by GDP?
By:
GAZO
When: 08 Jun 21 15:16
no interest and have no idea about bitcoin,crypto or whatever it is call or how it even works
By:
thegibbons
When: 08 Jun 21 15:17
BITCOIN is Deflationary.
By:
dustybin
When: 08 Jun 21 15:22
Its a commodity
The idea it's a store of wealth has largely hit the buffers since the first fart of inflation and people return to gold....after all it has tangibility.
By:
dustybin
When: 08 Jun 21 15:27
*I just have to add to that before somebody jumps down my troat

It is tangible, but like all financial mechanisms within opportunism it is also nothing more than a contract if bought the same way as crypto. Which itself is largly worthless if s hit hits the fan

If you buy sovs then you are really buying gold, but that rarely actually happens
By:
thegibbons
When: 08 Jun 21 15:29
Anyone holding a year would be happy to call it
a store of value.
By:
dustybin
When: 08 Jun 21 15:36
Store of wealth
Transfer of value

Both highly suspect and waiting for the child to call 'no clothes'....or for a scandal to appear big enough to rock the boat.

I hear supporters refering to 'institutional investors' and have to laugh like them having a desk in the odd merchant bank simply because people were buying it is some kind of vindication.
Merchant banks akin toe Sachs etc dont do things for the good of community, they do things for profit. Theyd have bought and sold ostrich feathers.
By:
thegibbons
When: 08 Jun 21 15:44
Been through the "Kings's got no clothes" hundreds of times
and they have cried" wolf" as many.
Bitcoin is the gift that keeps giving.
By:
dustybin
When: 08 Jun 21 15:47
Until it isnt.
Everthing has a life cycle, even daft ideas.
By:
know all
When: 08 Jun 21 18:44
im in very very big with amp/flexa on gemini 1p and 2p now 3.2 p and major news just out going to be listed on thursday on coinbase its a token with a great use im hoping its better than the frankels with the 40/1 tip on saturday maybe not as much but its not financial advice but its a big price winner lol
By:
know all
When: 08 Jun 21 18:54
Some crackpottedness going around.
Central banks print money in return for government gilts and the government then uses the funds to buy corporate bonds

if you really think that what is happening lol no a chance in hell


i got rid of bitcoin as it has to double to get 100% my 1p-2p amp/ flexa has to go to 2p-4p for the same return and its 3-32 now and just about to increase how much lets just see lol i do have hundreds of thousands but you can at 1-2 p
gambling at its finest lose the lot or win it all
By:
dustybin
When: 08 Jun 21 20:17
Know all

You are told to think the virus was man made, and no doubt a world of other YouTube crazy 5hit
I’m not sure you even know what to think beyond some influencer bumrot no c unt.
You think there’s glory in opportunism, and to a certain extent there is, but if all you can do is parrot some sponsored chancer forwarding a message of some new tangled twaddle then you will find the time you get burned hard.
You may well make money as the collective idiots run with the crowd, all believing the impecunious have a chance of something.

We will find out soon enough
I have watched cryptocasey on YouTube. She has a slanted view of economics, yet in the process of ‘information’ where she reads a selection of biased views she has 7 double adverts and 3 implied adverts which she gets a percentage of.
By:
dustybin
When: 08 Jun 21 20:23
And btw, musk is no less a populist than all the previous admonished typed, except this one appeals in kind to the baseless simply because the majority have nowt.
It’s pretty poor to be told you can’t use Twitter without an adult lawyer diving your tweets, but that’s the reality.
But even he is realising the arse could fall out of crypto any moment and has tried to worm his way out of responsibility.
By:
dustybin
When: 08 Jun 21 20:34
Cutting through all the crap, there are 2 cryptos that matter
Bitcoin and etherium.
One of those goes down, everything fails, never mind tokens ffs.
By:
cracked house
When: 08 Jun 21 20:57
on chain analysis shows btc wallets holding 1000+ btc have been snapping up all the cheap btc, while the newbies small stash holders have been dumping, its a false flag dump, just the rich removing btc from lettuce hands new buyers who've **** themselves.

#Bitcoin whale addresses holding 1k+ $BTC
are back to holding 7.88M tokens. This is the largest amount of $BTC held by whales since Mar 14. This coincides with just 2.65M $BTC held by addresses with 10 or less $BTC, their SMALLEST amount in 6 months.  https://app.santiment.net/s/K7i6FZdQ?utm_source=twitter&utm_medium=post&utm_campaign=twitter_btc_whales_accumulation_brian_060521/&fpr=twitter
By:
dustybin
When: 08 Jun 21 21:10
False flag and lettuce hands should be all normal folk need to hear
By:
know all
When: 08 Jun 21 21:13
diamond hands from thursday lol i wish Grin
By:
cracked house
When: 08 Jun 21 21:19
i've been thru every crash since 2017 they're par for the course, weeds out the weak.
By:
know all
When: 08 Jun 21 21:24
if mine goes to a pound im off to el salvador you will all be glad to here, more like 5 pence lol 43 million coinbase users have a chance to buy it for the first time at 3p on thursday fingers crossed every 1-2p increase means 100%, its flipping exiting just like a winner but at what odds
By:
dustybin
When: 08 Jun 21 22:08
Like penny shares
Most go tits up
By:
roadrunner46
When: 08 Jun 21 22:24
bitcoin to penny shares, the wolf of wall streetLaugh
By:
know all
When: 08 Jun 21 23:13
licking my wounds and cant sleep with the exitement of the listing the champange will be sweet or will it be pomagne lol thursday will tell, the congratulations will flow im sure Grin
By:
thelatarps
When: 09 Jun 21 00:04
One of the appeals of cryptocurrency is that its not, well, err.. the US Dollar.

The USD is subject to market fluctuations by the second. ITs a very incovnenient system to do business. Mark Carney, former governor of the bank of england has stated that outright. Furthermore he said its a belief held universally by international bankers.

What we are seeing here, in the current wave of negative crypto stories, is a king-canute-style pushback against the inevitable by the Mainstream media.

At some point the dollar is going to have to make way. The world is not run by banks and oil producers. Its run by Tech behemoths that bestride nation states.
They know as do our governments and all the ultra rich, that the future is technology. The future is crypto.
And at the moment that means bitcoin.
Something may supersede it, but there is nothing in the offing. The odds would have to be in favour of bitcoin should the world switch from the dollar to a cryptocurrency to do its business. As they know and we all know is going to happen.

Keep the faith.
By:
dustybin
When: 09 Jun 21 03:30
Dot com crash
By:
dustybin
When: 09 Jun 21 04:06
The centralised versions will win, I’m incredulous in thinking anyone actually believes the authorities will allow the version of crypto at present to become somehow mainstream.
It’s pure whimsy.
People used to say the beatniks of Californian tech industry would free the world, they floated their tech companies, got sued on employment issues just like any other company and ultimately created a world that actually tracks everything you do.
You tend to find the dystopian prophesies are the ones that prevail. China are pushing ‘Skynet’.
Remember in terminator, there was a skynet in that too, not entirely different to the authoritarian AI of the real world.
Do the daftie s honestly think populist musk will save them? Pmsl.
By:
GAZO
When: 09 Jun 21 06:20
'the usd is subject to market fluctuations by the second' and bitcoin is not
By:
dustybin
When: 09 Jun 21 10:50
I just read about El Salvador

That’s going to be such a car crash. Apparently businesses there will have to take Bitcoin....which means there will be plenty of opportunity to get ripped off, I can imagine they’ll close on the highs. The government will act as backstop, which I’m certain they’ll end up regretting.

But the line that defined the whole affair was this one.
‘70% of the population don’t have a bank account’

So Dewsbury then.
By:
know all
When: 11 Jun 21 01:00
bitcoin you dont need a bank account you just need a phone and in a few years we will all use them for payments

The data also revealed mobile payments made up 44.5% of all e-commerce transactions last year — double that of credit cards and three times more than debit card payments. Credit cards and debit cards are expected to hold the same market share in the next two years, making around 22% of POS payments each. However, cash transactions projected to experience a significant dip, from 20.5% in 2020 to 12.7% in 2024.

my flexa/amp tokens tip is a mobile payment decentralised solution that you can spend bitcoin or dodgecoin, other crypto and the merchant/ shop gets paid in any currency he wants, its a instant transanction just flash your phone at the card machine, and no fraud or chargebacks the merchant pays 1%, your current banks charges that merchant 4-5% to use cards or mobile payment,and you will all be glad to know the amp tokens just hit 4.5p and climbing from my tip i gave at 3.2p on tuesday, so it is champagne for now the crypto market is down but amp is well up.
The volume transanctions in amp token was $65 million in 6 hours on the new coinbase exchange most were to buy 93% buy 7% sell

more countries will adopt crypto its amazing that bitcoin is now a countrys official currency its more secure than the bust banks imo
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