
Re: Cool Breeze's Topic
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Re: Cool Breeze's Topic
Where'd all those BTC bears go?


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Re: Cool Breeze's Topic
I always lead by acknowledging my lack of understanding of the deep and technical levels of finance, but are you sure the current pricing of BTC is a good thing? I know that there have been some moves recently that have allowed bigger funds to start bundling BTC into their products. I have read, and it would make sense, that some of these moves into BTC have been substantial and are seriously influencing the price.
It seems like this opens the door to significant price manipulation in times of crisis, or opportunity. Doesn't the potential for concentration of a finite resource defeat a few of the big selling points?
I have no skin in the BTC game and as I stated before I don't really "get" it's place in the economic ecosystem. So please don't take any of the above as criticism, just outsider observations.
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Re: Cool Breeze's Topic
Anything is possible, but it's always interesting how that is the case for anything, and for some reason people only apply the criticism to BTC. What's more, unlike gold, BTC is an auditable ledger so people have far more information at any moment about who might own what and who is moving what. Again, that's what makes it significantly better than gold, and why it is demonetizing gold as we speak.NoMansLand wrote: Mon Apr 08, 2024 11:47 am It seems like this opens the door to significant price manipulation in times of crisis, or opportunity. Doesn't the potential for concentration of a finite resource defeat a few of the big selling points?
Re: Cool Breeze's Topic
What are your nuclear war plans, CB?Cool Breeze wrote: Tue Apr 02, 2024 7:25 pmAnother strange "guest."
Re: Cool Breeze's Topic
Looks like that Breeze guy was right, inflation rules the day. It'll be interesting to see what the Fed and the Treasury does later in the year.
I think they've given up.
I think they've given up.
Re: Cool Breeze's Topic
Dude, you nailed it. Good work.
What else do you think will happen this year? Are you worried about a war affecting the markets? What about oil?
It seems that oil and commodities, as you said before, are on the up and up.
What else do you think will happen this year? Are you worried about a war affecting the markets? What about oil?
It seems that oil and commodities, as you said before, are on the up and up.
Re: Cool Breeze's Topic
Are they going to hyper inflate the debt away? Is that the plan?
I have gold and silver, butbnotnenough to long in any meaningful sense.
Re: Cool Breeze's Topic
Move to El Salvador and buy pina coladas with BTC while sitting on the beach.
Re: Cool Breeze's Topic
I have gold and silver, but not enough to survive long in any meaningful sense.
Sorry, typed that out on my phone without my reading glasses.
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Re: Cool Breeze's Topic
I don't think it happens in North America, but I will say that I have NaI and a geiger counter.Guest wrote: Wed Apr 10, 2024 10:20 amWhat are your nuclear war plans, CB?
Regionalization and/or de facto secession will occur in the USA, and that's not a bad thing. I think the doomsday people here will be largely incorrect, though we have major social and unity problems in the US. The biggest problem I currently see will be solved the "hard way" and if you don't listen to me and don't acquire BTC, you'll be part of that sifting.
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