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  1. #2851
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    With interest rates on everyone's minds...this should go over well.

    #buybitcoin

    UBS To Start Charging Rich Clients With Negative 0.75% Interest Rate



    https://www.zerohedge.com/news/2019-...-interest-rate

    Sent from my Pixel 3 XL using TGR Forums mobile app

  2. #2852
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    BTC starting the week off with a bang.

    Sent from my Pixel 3 XL using TGR Forums mobile app

  3. #2853
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    Quote Originally Posted by Bromontane View Post
    The gorilla likes to talk down bitcoin on CNBC. Would certainly be cooler if the admin was btc-friendly, but if it's anything like their approach to the "China deal" it'll be hot air with a side of repetition.



    fwiw, I've seen this a few times lately

    [URL="https://twitter.com/woonomic/status/1154025379050344448"]BTC consumes
    Well, IMHO it ain't worth shit. Bitcoin "mining" (and I use that term loosely) does nothing but draw power while manufacturing nothing. So many greenfolk concerned with fossil fuel consumption but not this bullshit. Buy an electric vehicle and draw coal power from the grid.

    Fucking idiocy. Fuck Bitcoin. SFYL

  4. #2854
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    Quote Originally Posted by garyfromterrace View Post
    Well, IMHO it ain't worth shit. Bitcoin "mining" (and I use that term loosely) does nothing but draw power while manufacturing nothing. So many greenfolk concerned with fossil fuel consumption but not this bullshit. Buy an electric vehicle and draw coal power from the grid.

    Fucking idiocy. Fuck Bitcoin. SFYL
    The US military, which by the way is the world's largest polluter, is the primary thing securing the dollar as the world reserve currency. It does nothing except kill and opress brown people while manufacturing nothing.

    Every single Bitcoin, and Satoshi, has its entire history recorded on a publicly available ledger. The US military can't account for literally trillions of dollars it's spent.

    Yeah. I'll go with Bitcoin.

    Sent from my Pixel 3 XL using TGR Forums mobile app

  5. #2855
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    Quote Originally Posted by Bromontane View Post
    the 800lb gorilla

    Attachment 289161
    i've done some stonework, that bloc of rock looks heavier than 800lbs.

  6. #2856
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    Quote Originally Posted by Bromontane View Post
    Gary with the misdirected anger.
    Nah, that was only my rant voice. I'm just sick of the save the world, no pipelines, hypocritical blabber coming from people who think crypto is grand while it uses vast amounts of power to generate nothing of substance. Kind of like I'm sick of hollywood stars cruising the seas in $500MM yachts burning shit tons of fuel, suggesting Alberta oil is dirty and the taps should be shut off. But I digress...
    “I tell you, we are here on Earth to fart around, and don't let anybody tell you different.”
    ― Kurt Vonnegut, A Man Without a Country

    www.mymountaincoop.ca

    This is OUR mountain - come join us!

  7. #2857
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    Quote Originally Posted by stalefish3169 View Post
    The US military, which by the way is the world's largest polluter, is the primary thing securing the dollar as the world reserve currency. It does nothing except kill and opress brown people while manufacturing nothing.

    Every single Bitcoin, and Satoshi, has its entire history recorded on a publicly available ledger. The US military can't account for literally trillions of dollars it's spent.

    Yeah. I'll go with Bitcoin.

    Sent from my Pixel 3 XL using TGR Forums mobile app
    you are crazy as a loon. barking mad dog crazy

    the green back is the reserve currency because of demand you simpleton

  8. #2858
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  9. #2859
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    Solid read.

    https://jameso.be/2019/08/24/bitcoin-is-for-this.html

    Starting in 2008, central banks injected an unprecedented amount of new money into the global financial system. Along with big gaps in wealth distribution, this has created profound systemic risk. The last few months have shown indications that this risk is starting to come to the surface.

    As I lay out the narrative I've watched unfold over the past few years, I'll occasionally interject with observations (formatted like this) on why I think Bitcoin is going to become increasingly important, even relative to traditional safe-haven assets like gold. After reading a draft of this post, my brother lovingly dubbed this "the shill zone," and I don't disagree.

    It should be obvious, but as an explicit disclosure: I am long Bitcoin.

    The setup in front of us is not for a garden variety recession. It’s for potential cataclysm: a drawdown that will hit normal investors hard, but retirees and pensions especially so, threatening the premise of our financial system. This crash, or even just the threat of it, will lead our governments to take extraordinary action in an attempt to avert a long depression. That action will cause an incredible level of inflation.

    As I’ve watched the following events play out, some of the only optimism I feel is due to the emergence of Bitcoin as a nascent asset class. I see this new tool as one of the only potential safeguards that people in normal income brackets have against the kind of trouble I’m forecasting.

    Welcome to negative

    It’s an exceptional time in economics. Negative-yielding bonds have passed the $16 trillion mark for the first time ever. Germany’s flagship 30 year bond yield has gone negative, also for the first time in history....

  10. #2860
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    Quote Originally Posted by Bromontane View Post
    ^^nice, liked it as well.

    The thing is, almost nobody reads anymore. The autonomous movement of the nonthinking is a very real thing. People won't know it's time to reevaluate until asset prices slap them in the face. And by then it'll be too late.
    Yeah, the pension section is nutz.

  11. #2861
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    paid out a bit, still stoked on luminary status.

  12. #2862
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    woah

  13. #2863
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    Coincidence? I THINK NOT!! Name:  xtinfoil.gif
Views: 524
Size:  386 Bytes

    Name:  bitcoin15.jpg
Views: 563
Size:  63.5 KB

  14. #2864
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    BTC bears, please explain.

    https://mobile.reuters.com/article/a...mpression=true

    (Reuters) - A forgery crisis is quietly roiling the world's gold industry.

    Gold bars fraudulently stamped with the logos of major refineries are being inserted into the global market to launder smuggled or illegal gold, refining and banking executives tell Reuters. The fakes are hard to detect, making them an ideal fund-runner for narcotics dealers or warlords.

    Cont'd.

  15. #2865
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    people need something to believe in.

    with value. interesting thread, w/o Satoshi Nakamoto


  16. #2866
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  17. #2867
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    Gold has taken a couple thousand years so not sure if 40 is enough.

    That said...I bought a little. Goooo BTC!!
    Decisions Decisions

  18. #2868
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    Quote Originally Posted by rayshow View Post
    I started with cryptocurrency as with a fascinating hobby. I was researching, reading from multiple resources (my favourite one was and still is cryptolinks ) to wrap my head around the entire crypto thing. Initially I was just ignoring the whole cryptocurrency hype and regretted cause early bitcoin adopters made fortunes, so I don't want to lose my another chance to get rich in a few years.
    Cool, I just wanted to buy drugz.

  19. #2869
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    Quote Originally Posted by rayshow View Post
    I started with cryptocurrency as with a fascinating hobby. I was researching, reading from multiple resources (my favourite one was and still is cryptolinks ) to wrap my head around the entire crypto thing. Initially I was just ignoring the whole cryptocurrency hype and regretted cause early bitcoin adopters made fortunes, so I don't want to lose my another chance to get rich in a few years.
    At least you're honest that it is just FOMO.

  20. #2870
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  21. #2871
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  22. #2872
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    Where is the bottom? I got all the way out at $10.5k. $7500? $5000?

    sent from Utah.
    sigless.

  23. #2873
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    BUY! BUY! BUY!!!

  24. #2874
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  25. #2875
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    Quote Originally Posted by basinbeater View Post
    Where is the bottom? I got all the way out at $10.5k. $7500? $5000?

    sent from Utah.
    $8000? $0? Why does it have a value to begin with?
    Quote Originally Posted by blurred
    skiing is hiking all day so that you can ski on shitty gear for 5 minutes.

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