nobody 2,567 Posted July 6, 2021 2 hours ago, tubby_mcgee said: It's been functioning that way for a little while though, right? At least like, a few weeks? And what monetary system anywhere on the planet, is backed by "something"? Or...what could a monetary system be backed by that is "something" (what would that something be?) He wants it to be backed by gold. The problem is the US dollar is backed by the US and all it's infrastructure and GDP and military. Share this post Link to post Share on other sites
tubby_mcgee 700 Posted July 6, 2021 2 hours ago, nobody said: He wants it to be backed by gold. The problem is the US dollar is backed by the US and all it's infrastructure and GDP and military. Even if its backed by gold, then what? Lets say it was backed by gold... What would that do for anyone? If there ever came a time when you needed to be backed by something because the dollar failed....uhh....what's a piece of gold gonna do to save you? Share this post Link to post Share on other sites
nobody 2,567 Posted July 6, 2021 33 minutes ago, tubby_mcgee said: Even if its backed by gold, then what? Lets say it was backed by gold... What would that do for anyone? If there ever came a time when you needed to be backed by something because the dollar failed....uhh....what's a piece of gold gonna do to save you? You couldn’t print money. He’s very concerned about inflation. He would’ve preferred recessions turn into depressions and we stay there. Share this post Link to post Share on other sites
Frozenbeernuts 2,115 Posted July 6, 2021 8 hours ago, nobody said: You couldn’t print money. He’s very concerned about inflation. He would’ve preferred recessions turn into depressions and we stay there. Or the government could have just not shut everything down like it did and we wouldn't be in this position The dollar is weakening. Fewer countries are relying on it, and that will only get worse. Do you people really not see that? I mean I guess we could sit here and do nothing. Then we can all just pretend like there is nothing wrong. Share this post Link to post Share on other sites
tubby_mcgee 700 Posted July 6, 2021 44 minutes ago, Frozenbeernuts said: The dollar is weakening. Fewer countries are relying on it, and that will only get worse. Do you people really not see that? I mean I guess we could sit here and do nothing. Then we can all just pretend like there is nothing wrong. So what are you doing to combat it? Share this post Link to post Share on other sites
Frozenbeernuts 2,115 Posted July 6, 2021 44 minutes ago, tubby_mcgee said: So what are you doing to combat it? What have we been talking about this entire time? Share this post Link to post Share on other sites
GutterBoy 2,898 Posted July 15, 2021 edjr must be averaging down Share this post Link to post Share on other sites
edjr 6,578 Posted July 15, 2021 11 minutes ago, vomit said: buy buy buy I was looking for this thread. BUY BUY BUY! Share this post Link to post Share on other sites
edjr 6,578 Posted July 15, 2021 4 hours ago, GutterBoy said: edjr must be averaging down I had to sell a bit to cover my 800 lost at the casino Tuesday night Share this post Link to post Share on other sites
Alias Detective 1,389 Posted July 15, 2021 To the Mooooooon Share this post Link to post Share on other sites
Cdub100 3,839 Posted July 15, 2021 5 minutes ago, Alias Detective said: To the Mooooooon To the floor. Share this post Link to post Share on other sites
edjr 6,578 Posted July 15, 2021 3 minutes ago, Cdub100 said: To the floor. To the window!!!! Share this post Link to post Share on other sites
Hawkeye21 2,382 Posted July 15, 2021 3 minutes ago, edjr said: To the window!!!! To the wall!!! Share this post Link to post Share on other sites
vomit 502 Posted July 15, 2021 3 minutes ago, edjr said: To the window!!!! TO THE WALL!!! TO THE WALL!!! Share this post Link to post Share on other sites
vomit 502 Posted July 15, 2021 TO THE SWEAT DRIP DOWN MY BALLS!!!! 1 Share this post Link to post Share on other sites
edjr 6,578 Posted July 15, 2021 Just now, vomit said: TO THE SWEAT DRIP DOWN MY BALLS!!!! SKEET SKEET SKEET! Share this post Link to post Share on other sites
vomit 502 Posted July 15, 2021 BTC Theme Music Get Low Share this post Link to post Share on other sites
MichaelFPO 0 Posted July 16, 2021 Cryptocurrency is a great way to deploy ransomware attacks. Ransomware is an escalating peril to MacBook Pro users Yet another group of cyber predators haunting MacBook Pro laptops is the infamous blackmail virus. Better known as ransomware, these infections are targeting Macs increasingly but haven’t yet reached a massive propagation milestone, as opposed to the way things are on the Windows arena Share this post Link to post Share on other sites
Frozenbeernuts 2,115 Posted July 16, 2021 In other news, anything internet related will attract ransonware Don't lump bitcoin with the rest of crypto Share this post Link to post Share on other sites
Cloaca du jour 2,147 Posted July 16, 2021 Lets make a currency that cant be federally regulated...and now the gubment wants to get involed Sell sell sell!!! Share this post Link to post Share on other sites
vomit 502 Posted July 20, 2021 On 6/22/2021 at 9:26 AM, GutterBoy said: A very small house now Very very small Share this post Link to post Share on other sites
Alias Detective 1,389 Posted July 20, 2021 $100,000 per bitcoin by year end will be a tough hill to climb. Share this post Link to post Share on other sites
Alias Detective 1,389 Posted July 20, 2021 Anyone still leveraged? Share this post Link to post Share on other sites
Cdub100 3,839 Posted July 20, 2021 52 minutes ago, vomit said: Very very small You ever see those shacks at home depot? I think the universe is going to test my crypto going to zero won't change my life theory. Share this post Link to post Share on other sites
lod001 1,344 Posted July 20, 2021 The wheels are coming off. Share this post Link to post Share on other sites
Cdub100 3,839 Posted July 20, 2021 13 minutes ago, edjr said: Am I rich yet? Depends did you buy this time last year or did you FOMO back in January? Share this post Link to post Share on other sites
edjr 6,578 Posted July 20, 2021 Just now, Cdub100 said: Depends did you buy this time last year or did you FOMO back in January? What do you think Share this post Link to post Share on other sites
Cdub100 3,839 Posted July 20, 2021 5 minutes ago, edjr said: What do you think You know what ole Jack Burton does in a time like this? Buy more. 1 Share this post Link to post Share on other sites
Frozenbeernuts 2,115 Posted July 20, 2021 I'm happy with the price. If I didn't have some emergency vehicle repairs I would have bought more. Give me a week or two of working this insane overtime. Share this post Link to post Share on other sites
Cdub100 3,839 Posted July 21, 2021 It took two days for my dirty, slow, more worthless everyday, FIAT money to hit my crypto.com account. So I missed the dip. I still bought more DOT and MATIC though. Share this post Link to post Share on other sites
Frozenbeernuts 2,115 Posted July 21, 2021 8 minutes ago, Cdub100 said: It took two days for my dirty, slow, more worthless everyday, FIAT money to hit my crypto.com account. So I missed the dip. I still bought more DOT and MATIC though. Have you tried strike app yet? Share this post Link to post Share on other sites
Cdub100 3,839 Posted July 21, 2021 2 minutes ago, Frozenbeernuts said: Have you tried strike app yet? I use all kinds of exchanges. To be fair I could have bought on Binance immediately but used crypto.com for some reason. Share this post Link to post Share on other sites
Frozenbeernuts 2,115 Posted July 25, 2021 HODL and BTFD Share this post Link to post Share on other sites
Cdub100 3,839 Posted July 25, 2021 Price goes downs price goes up. Can't explain that. 1 Share this post Link to post Share on other sites
tubby_mcgee 700 Posted July 25, 2021 People love it when the value of their money fluctuates wildly from day to day. That's why this is the money of the future. Businesses love it.... because if they accept bitcoin worth $100 for their product, right after they accept it, it could be worth $110. Share this post Link to post Share on other sites
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