Crypto Currency

Did you know the U.S. currency has a Twitter account and it actually tweeted this - yes the children are certainly learning about "printable play money" these days

 
Play fun games with money while you teach your kids!

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I tweeted Dave Portnoy why to focus more on Bitcoin and not Shitcoin when he’s new. He lost his *** on Chainlink and sold all Crypto’s today. Maybe he’ll go back to Bitcoin only. I won’t hold my breath. USD was up today, people are selling stocks moving into cash. That hurts Gold and Bitcoin. We’ll be back some next week maybe.
 
The corrupt dipshits at the IMF say deflation is bad because you won't buy that $100 chair today if it will be $90 next year. You will sit on the floor for a year and wait for the lower price. You need your currency to be constantly debased thru inflation, just trust the experts on this

 
Deflation is not a problem because of the important economic element called - Time Preference. It determines interest rates, why labor isn't exploitation, why deflation isn't a problem, etc.

Most economists are dipshits because they don't know what time preference is.
 
Update, over $1Billion moved on to USDT -Tether Saturday. That could easily pump Bitcoin in a major way next week! Glass node has a chart. I’m baching it this weekend so I don’t have time to post that from Glass Node. Momma comes home this afternoon:yes:
 
The money on Tether (stablecoin tied to USD) is STILL there waiting. Lot of whales dumped there bags the last two weeks. I think Bitcoin trades in this lower range 10,500 to 11,400 the rest ofAugust early September. Eventually it will breakout and retest 12,000. MM Crypto gives the best Bitcoin TA on you tube IMHO.
 
TA is a hoax. look at KNC. You pick a crypto and tell me the price you want and it will magically get there. its all a big scam so the big guys can load up while keeping everyone in the dark and it is disgusting. i can say that SNX is next to take its mysterious moonshot. who knows where kyber will stop. it certainly will set a record.
 
The old “candle prediction”. Always wise to bet your financial future on it. Of course the “spatula” prediction and the “cat’s azz” predictor are strong as well. So difficult to choose!
 
iatrogenic said:
The old “candle prediction”. Always wise to bet your financial future on it. Of course the “spatula” prediction and the “cat’s azz” predictor are strong as well. So difficult to choose!
Click to expand...
The Fibonacci pattern is hot right now

Looks like the Fed has everyone's password to their Fedcoin account and has been siphoning wealth for decades - check your digital wallets, you've been scammed

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Yes :arrow-up: that means deflation and bond yields going closer to zero. Perhaps next year they go negative?

 
Driver 8 said:
The Fibonacci pattern is hot right now

Looks like the Fed has everyone's password to their Fedcoin account and has been siphoning wealth for decades - check your digital wallets, you've been scammed

cpi.jpg
Click to expand...
Yeah. If i'm not mistaken, investment returns take that into account.
 
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Y'all can put your hand over you mouth and point and laugh at me. That is ok. I have pretty thick skin. But the DWJ, SPX, Nasdaq are all crashing, Oil, Gold, Silver, BTC getting drug down with them and I am NOT surprised. I am going long BTC today/tomorrow! I was long already, now I will be longer. Your only choices will be Gold, Silver, or Bitcoin. We will be looking at Negative Interest rates next year sometime. This will force many banks to close. There may very well be a run on Cash and Banks. I am only trying to help everyone. There is so much more going on in this economy than many realize. This Debt Bubble is going to drag a lot down with it. Bitcoin is the "Lifeboat". per Jeff Booth.
 
Blackrock CIO of Fixed Income on bitcoin
Blackrock is a global investment management firm with $7.4 trillion AUM



BTC the past month up 55%

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It’s $18,800 now.
GBTC buys 2700-3600 BTC/ day. Miners are capped at a production rate of 900 BTC/day. Number go up!


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