It is with deep regret that I must announce...
Comments
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That's because of your audience. Get fans of the site who aren't deadbeats living in their mothers basements.
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True, but there are some economically astute poasters at this site. Hopefully this romper room drunken frat house of depravity will appeal to their inner teenager so they engage in all things economis, academis, libertatis, food fightus, titses and asses. Good times once you get this place, albeit a bit unnerving priori.Swaye said:That's because of your audience. Get fans of the site who aren't deadbeats living in their mothers basements.
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Another sign of impending recession.
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You should have been buying this week.UW_Doog_Bot said:Another sign of impending recession.
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thats the entire bored though.Swaye said:deadbeats living in their
motherstwo dadsmoms and/or two dadsabundancetwo dads basements. -
If I like my MBA can I keep it?
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New site slogan?Southerndawg said:
True, but there are some economically astute poasters at this site. Hopefully this romper room drunken frat house of depravity will appeal to their inner teenager so they engage in all things economis, academis, libertatis, food fightus, titses and asses. Good times once you get this place, albeit a bit unnerving priori.Swaye said:That's because of your audience. Get fans of the site who aren't deadbeats living in their mothers basements.
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So now we're bashing drunken frat house depravity?!?!Southerndawg said:
True, but there are some economically astute poasters at this site. Hopefully this romper room drunken frat house of depravity will appeal to their inner teenager so they engage in all things economis, academis, libertatis, food fightus, titses and asses. Good times once you get this place, albeit a bit unnerving priori.Swaye said:That's because of your audience. Get fans of the site who aren't deadbeats living in their mothers basements.
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Tug wins
Bitch coin loses -
Not bashing. Exalting.PurpleThrobber said:
So now we're bashing drunken frat house depravity?!?!Southerndawg said:
True, but there are some economically astute poasters at this site. Hopefully this romper room drunken frat house of depravity will appeal to their inner teenager so they engage in all things economis, academis, libertatis, food fightus, titses and asses. Good times once you get this place, albeit a bit unnerving priori.Swaye said:That's because of your audience. Get fans of the site who aren't deadbeats living in their mothers basements.
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Who wants those bleeding Bitcoin hemorrhoids in the Tug, er Pump&Dump?
I don't like people who get boners over virtual wealth and commerce and I'm glad they got crushed by the real market just like they do by the plus size women who reject them at their local bars.
Bitcoin is for nose-picking Nerds. They got what they deserve.
Bring it on, Nerds. -
You're conflating cryptocurrencies with Bitcoin. Two profoundly different things.TurdBomber said:Who wants those bleeding Bitcoin hemorrhoids in the Tug, er Pump&Dump?
I don't like people who get boners over virtual wealth and commerce and I'm glad they got crushed by the real market just like they do by the plus size women who reject them at their local bars.
Bitcoin is for nose-picking Nerds. They got what they deserve.
Bring it on, Nerds. -
I take offense to this.Swaye said:That's because of your audience. Get fans of the site who aren't deadbeats living in their mothers basements.
I'm a deadbeat on the 4th floor -
Bitcoin is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, and thus removing the need for third-party involvement in financial transactions. It is rewarded to blockchain miners for the work done to...DerekJohnson said:
You're conflating cryptocurrencies with Bitcoin. Two profoundly different things.TurdBomber said:Who wants those bleeding Bitcoin hemorrhoids in the Tug, er Pump&Dump?
I don't like people who get boners over virtual wealth and commerce and I'm glad they got crushed by the real market just like they do by the plus size women who reject them at their local bars.
Bitcoin is for nose-picking Nerds. They got what they deserve.
Bring it on, Nerds.
..https://www.investopedia.com/terms/b/bitcoin.asp
Whatevs Stalin. My hatred is for either or both, regardless.
And never defend nerds. It's like defending plus size models.
100% wrong, no matter what. -
Cryptos are unregistered securities. Bitcoin is property, as designated by the IRS in 2014. The Bitcoin network (as differentiated from the Bitcoin engineered monetary system), will end up undergirding the entire economic world. I 100% guarantee, if you have any humility at all, that a few years from now you'll look back and say "I had that all wrong."TurdBomber said:
Bitcoin is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, and thus removing the need for third-party involvement in financial transactions. It is rewarded to blockchain miners for the work done to...DerekJohnson said:
You're conflating cryptocurrencies with Bitcoin. Two profoundly different things.TurdBomber said:Who wants those bleeding Bitcoin hemorrhoids in the Tug, er Pump&Dump?
I don't like people who get boners over virtual wealth and commerce and I'm glad they got crushed by the real market just like they do by the plus size women who reject them at their local bars.
Bitcoin is for nose-picking Nerds. They got what they deserve.
Bring it on, Nerds.
..https://www.investopedia.com/terms/b/bitcoin.asp
Whatevs Stalin. My hatred is for either or both, regardless.
And never defend nerds. It's like defending plus size models.
100% wrong, no matter what.
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Bitcoin is intangible property. But so then is the US dollar. Bitcoin is sort of like the private bank notes issued by US private banks in the 1800s that in many places substituted for US currency. It was backed by the full faith and security of the local bank. That was it. Private banks failed all the time and the holders of the private bank notes lost their ass. Historically, holding gold or actual US currency were the only "safe" way to store capital. Then, after the Great Depression the US would guarantee US bank deposits up to a certain level, today $250k per account. Above that, you are on your own. There is "some" regulatory protection in that your bank needs to publish audited financials and meet fed regulations and audits. That provides some protection from fraud and theft.
As the US intentionally is weakening the dollar, that leaves gold and bitcoin as your remaining capital safe houses. Unless, your gold is buried in your backyard, your gold ownership is also an intangible, but that intangible is backed by a hard asset. So, if your gold ownership is through a historically reputable investor, subject to federal regulation, I think it's pretty safe. If not, it means the apocalypse and your back yard gold isn't going to do you any good, except make you a target.
With bitcoin, there is no there there unlike gold. You have a digital record that is controlled by whom, regulated by whom? You need to physically steal gold. Plus bitcoin can be effectively regulated out of existence in the US if the government wanted to. Unfortunately, they could do the same with gold.DerekJohnson said:
Cryptos are unregistered securities. Bitcoin is property, as designated by the IRS in 2014. The Bitcoin network (as differentiated from the Bitcoin engineered monetary system), will end up undergirding the entire economic world. I 100% guarantee, if you have any humility at all, that a few years from now you'll look back and say "I had that all wrong."TurdBomber said:
Bitcoin is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, and thus removing the need for third-party involvement in financial transactions. It is rewarded to blockchain miners for the work done to...DerekJohnson said:
You're conflating cryptocurrencies with Bitcoin. Two profoundly different things.TurdBomber said:Who wants those bleeding Bitcoin hemorrhoids in the Tug, er Pump&Dump?
I don't like people who get boners over virtual wealth and commerce and I'm glad they got crushed by the real market just like they do by the plus size women who reject them at their local bars.
Bitcoin is for nose-picking Nerds. They got what they deserve.
Bring it on, Nerds.
..https://www.investopedia.com/terms/b/bitcoin.asp
Whatevs Stalin. My hatred is for either or both, regardless.
And never defend nerds. It's like defending plus size models.
100% wrong, no matter what. -
As someone in the middle, crypto discourse is fascinating.
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All of this about the same. Bitcoin could be regulated out of existence as you said, but it could also be sabotaged by governments out of existence even easier than it could be killed by regulation.WestlinnDuck said:Bitcoin is intangible property. But so then is the US dollar. Bitcoin is sort of like the private bank notes issued by US private banks in the 1800s that in many places substituted for US currency. It was backed by the full faith and security of the local bank. That was it. Private banks failed all the time and the holders of the private bank notes lost their ass. Historically, holding gold or actual US currency were the only "safe" way to store capital. Then, after the Great Depression the US would guarantee US bank deposits up to a certain level, today $250k per account. Above that, you are on your own. There is "some" regulatory protection in that your bank needs to publish audited financials and meet fed regulations and audits. That provides some protection from fraud and theft.
As the US intentionally is weakening the dollar, that leaves gold and bitcoin as your remaining capital safe houses. Unless, your gold is buried in your backyard, your gold ownership is also an intangible, but that intangible is backed by a hard asset. So, if your gold ownership is through a historically reputable investor, subject to federal regulation, I think it's pretty safe. If not, it means the apocalypse and your back yard gold isn't going to do you any good, except make you a target.
With bitcoin, there is no there there unlike gold. You have a digital record that is controlled by whom, regulated by whom? You need to physically steal gold. Plus bitcoin can be effectively regulated out of existence in the US if the government wanted to. Unfortunately, they could do the same with gold.DerekJohnson said:
Cryptos are unregistered securities. Bitcoin is property, as designated by the IRS in 2014. The Bitcoin network (as differentiated from the Bitcoin engineered monetary system), will end up undergirding the entire economic world. I 100% guarantee, if you have any humility at all, that a few years from now you'll look back and say "I had that all wrong."TurdBomber said:
Bitcoin is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, and thus removing the need for third-party involvement in financial transactions. It is rewarded to blockchain miners for the work done to...DerekJohnson said:
You're conflating cryptocurrencies with Bitcoin. Two profoundly different things.TurdBomber said:Who wants those bleeding Bitcoin hemorrhoids in the Tug, er Pump&Dump?
I don't like people who get boners over virtual wealth and commerce and I'm glad they got crushed by the real market just like they do by the plus size women who reject them at their local bars.
Bitcoin is for nose-picking Nerds. They got what they deserve.
Bring it on, Nerds.
..https://www.investopedia.com/terms/b/bitcoin.asp
Whatevs Stalin. My hatred is for either or both, regardless.
And never defend nerds. It's like defending plus size models.
100% wrong, no matter what.
Gold isn’t impervious to holding value either just because it’s physical. Just look at what the Spanish did with it in South America as a reference. -
I agree/agreed. But if you have physical gold, then it will be worth something, even if illegal. Banning physical gold would again be a sign of the apocalypse. This would be just before or after confiscation of your 401(k). Now if I was a rich person in Venezuela it's a lot easier to get millions in bitcoin out of the country than gold at about 44 lbs per million dollars. But the goal would be to turn the bitcoin into dollars eventually. Every federal office candidate should be asked if they would ban bitcoin/crypto/gold. But they won't be asked and if so, they will lie. They ask if you own crypto on every single federal income tax return.
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U.S. President Franklin Delano Roosevelt on April 5, 1933 signed Executive Order 6102, which forbade ownership of quantities of gold coin, bullion, and gold certificates worth in excess of US$ 100 (about 5 troy ounces), or around US$ 8,900 worth of gold in today's price.Bob_C said:
All of this about the same. Bitcoin could be regulated out of existence as you said, but it could also be sabotaged by governments out of existence even easier than it could be killed by regulation.WestlinnDuck said:Bitcoin is intangible property. But so then is the US dollar. Bitcoin is sort of like the private bank notes issued by US private banks in the 1800s that in many places substituted for US currency. It was backed by the full faith and security of the local bank. That was it. Private banks failed all the time and the holders of the private bank notes lost their ass. Historically, holding gold or actual US currency were the only "safe" way to store capital. Then, after the Great Depression the US would guarantee US bank deposits up to a certain level, today $250k per account. Above that, you are on your own. There is "some" regulatory protection in that your bank needs to publish audited financials and meet fed regulations and audits. That provides some protection from fraud and theft.
As the US intentionally is weakening the dollar, that leaves gold and bitcoin as your remaining capital safe houses. Unless, your gold is buried in your backyard, your gold ownership is also an intangible, but that intangible is backed by a hard asset. So, if your gold ownership is through a historically reputable investor, subject to federal regulation, I think it's pretty safe. If not, it means the apocalypse and your back yard gold isn't going to do you any good, except make you a target.
With bitcoin, there is no there there unlike gold. You have a digital record that is controlled by whom, regulated by whom? You need to physically steal gold. Plus bitcoin can be effectively regulated out of existence in the US if the government wanted to. Unfortunately, they could do the same with gold.DerekJohnson said:
Cryptos are unregistered securities. Bitcoin is property, as designated by the IRS in 2014. The Bitcoin network (as differentiated from the Bitcoin engineered monetary system), will end up undergirding the entire economic world. I 100% guarantee, if you have any humility at all, that a few years from now you'll look back and say "I had that all wrong."TurdBomber said:
Bitcoin is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, and thus removing the need for third-party involvement in financial transactions. It is rewarded to blockchain miners for the work done to...DerekJohnson said:
You're conflating cryptocurrencies with Bitcoin. Two profoundly different things.TurdBomber said:Who wants those bleeding Bitcoin hemorrhoids in the Tug, er Pump&Dump?
I don't like people who get boners over virtual wealth and commerce and I'm glad they got crushed by the real market just like they do by the plus size women who reject them at their local bars.
Bitcoin is for nose-picking Nerds. They got what they deserve.
Bring it on, Nerds.
..https://www.investopedia.com/terms/b/bitcoin.asp
Whatevs Stalin. My hatred is for either or both, regardless.
And never defend nerds. It's like defending plus size models.
100% wrong, no matter what.
Gold isn’t impervious to holding value either just because it’s physical. Just look at what the Spanish did with it in South America as a reference. -
DerekJohnson said:
Cryptos are unregistered securities. Bitcoin is property, as designated by the IRS in 2014. The Bitcoin network (as differentiated from the Bitcoin engineered monetary system), will end up undergirding the entire economic world. I 100% guarantee, if you have any humility at all, that a few years from now you'll look back and say "I had that all wrong."TurdBomber said:
Bitcoin is a cryptocurrency, a virtual currency designed to act as money and a form of payment outside the control of any one person, group, or entity, and thus removing the need for third-party involvement in financial transactions. It is rewarded to blockchain miners for the work done to...DerekJohnson said:
You're conflating cryptocurrencies with Bitcoin. Two profoundly different things.TurdBomber said:Who wants those bleeding Bitcoin hemorrhoids in the Tug, er Pump&Dump?
I don't like people who get boners over virtual wealth and commerce and I'm glad they got crushed by the real market just like they do by the plus size women who reject them at their local bars.
Bitcoin is for nose-picking Nerds. They got what they deserve.
Bring it on, Nerds.
..https://www.investopedia.com/terms/b/bitcoin.asp
Whatevs Stalin. My hatred is for either or both, regardless.
And never defend nerds. It's like defending plus size models.
100% wrong, no matter what.
Doubtful. As we have witnessed dozens of times in our lives, the best products usually don't prevail, versus the easiest, most convenient, and most common.
And I see no scenario where I'll say "I had it all wrong." I already did that with a few stock picks from the early 90s, which is why I'm still working. I never thought people would be so comfortable keeping their precious data, including medical and financial records, in the cloud. Oh Fuck Yeah, I was WRONGGGGG.
I'd like to have that call back, along with selling Costco and Apple in the high 90s, before each ran to over 500, then split more than once.
I have no issue with owning mistakes. But I don't believe Bitcoin is one of them.
