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Old December 29th, 2018 #21
Alex Linder
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this is a serious thread. you can use this forum to whine about niggers, that's fine, but doing that will do nothing for you personally, or for the cause. endless whining or even just describing shit doesnt really do much in the end. wealth is a form of power open to us. take advantage of it. work, invest and speculate, and do them all HARD.

absolutely crypto is real, serious and a 'thing' that will make many, many people very, very rich over the next generation. it already has.

now is the time to buy.

most men are pufferfish. full of air. weak little arms. they are cowardly, they are scared. they are essentially females with dicks - they follow the crowd. they dont have enough internal stuff to critique themselves honestly. when things go well, they credit themselves. when things go poorly, they screech at others.

YOU are responsible for making a success of your life NO MATTER the circumstances. that's iron law of reality. that's individualism, the reality. it cant be gotten away from. no collective can absolve you of responsibility, nor should it try. that way lie niggers. but we can work together as a TEAMWHITE to figure this stuff out and mutually enrich our understandings and pocketbooks. can you think of another group that works like that?

now is a good time to buy BC. that's my financial advice to you. (there is never a bad time to buy gold, not really. i advise you buy gold too. but BC is in a big dip right now, whereas gold is not.)

but i also advise - just buy and hold or HODL which is their joke term for holding.

dont try to day trade this shit. that will only drive you crazy.

just buy this stuff. buy gold and silver. hold some cash too.

BUY & HOLD YOUR WATER.

this shit will go up and down MANY more times. and the same shriekers and cheerleaders will be there at every point. the gimlet eye to these clowns. just buy and hold and dont listen to anything too much. find a few smart men, read what they say. the financial guys that lew rockwell knows are solid. max keiser is worthwhile. others on youtube too.

you buy this stuff and you wait. you dont trade around like a jackass, very few and 99% not you can make that work. there is nothing including sex that people lie about more than their investments, so you only want to pay attention to people you know actually have money doing what they say. and these people will say just what i'm saying to you.

so right now, starting 2019, is a great time to buy bitcoin. dont worry about the price. this is something you buy, and then you see where it is in a decade.

Last edited by Alex Linder; December 29th, 2018 at 11:03 AM.
 
Old December 29th, 2018 #22
Alex Linder
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bitcoin guy says huge recession is coming

he's says that's what "ignited" BC after 2008 crash

seeing the fucking JEWbanks bailed out

a money that can't be dis-integrity'd the way zogbucks and all paper can

THAT is the purpose and meaning of BC and similars. to reduce that to wasted heat is silly

a way of exchanging value that cant be controlled by the jewstaat or jewbaanks
 
Old December 29th, 2018 #23
Alex Linder
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they cant control what they dont know about . . . can they?

notice what even these non-racialist guys say about border contols in anglosphere. you're getting thoroughly pawed by fags in canada, new zealand, usa etc.
 
Old December 29th, 2018 #24
Alex Linder
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contrarianism is the correct basic position mentally and behaviorally

there is not wisdom in masses or tradition: just congealed or active cowardice, stupidity, greed
 
Old December 29th, 2018 #25
Alex Linder
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tradition is the congealed unwisdom of masses
 
Old December 29th, 2018 #26
Alex Linder
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comment off thread

they don’t even know I have crypto, they could take my fiat but they need my wallet key to get access to my crypto and if you have money on an exchange they can’t tell who has what unless it’s on an exchange such as coinbase because you have to confirm your identity. But exchanges like binance where you don’t have to, it would be safe.
 
Old December 29th, 2018 #27
Alex Linder
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I actually predicted the crypto crash, only proof I have is completely cashing out on January 13th, bought an Audi, and saved the rest of my profits. I believe we will hit the bottom soon. Around 1800-2900, my original bottom prediction was 3k, which we came very close to. After that it will be volatile in 2019, 2020-2021 another bull market will happen. Mark my words, if I am wrong then oh well. I use pure technical analysis, history of bitcoin, fundamentals, and a little bit of common sense.
 
Old December 29th, 2018 #28
Alex Linder
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[against bitcoin]

You guys should understand better what crypto is. There are several false "facts" running in circles. First of all, you can not compare crypto market to housing market or stock market, not even the dot.com bubble. Those were real things, there are real houses made from brick and mortar (or wood), there companies are real, with real assets. In this crypto space you are gambling your money on a piece of software full of bugs, ran by 22 year old programmers that graduated 2 years ago. 99% of the altcoin "companies" have less than 10 people, all programmers and they do nothing but trying to keep the shit running and alive. They are fixing bugs 0-24, nothing more. There is no real value here, only speculation that you don`t jump the bandwagon last.

Here are some real facts, if you don`t believe me go check it with another programmer:

- None of the crypto coins have limited numbers. Give 10 mins to one of the software team and they double or ten-fold it at wish. This is a piece of code, you can change it any time, you do with it anything you want. This is not gold, or let`s say number of houses in a city, you can not double that...

- Nothing is private, actually it is the very opposite. the information is decentralized! This means everybody can see everything. If you get your salary in bitcoin, and you come into my shop to buy icecream and you pay with your crypro wallet, I will know your address in an instant, I will know your salary and all past payments in an instant!

- The technology is so infant and full of severe bugs. Even without the bugs the technology has so many flaws that no one knows how to come over even 10 years after the original white paper of bitcoin. They don`t really admit it, but if you talk to programmers they can explain it to you. Let me just give you few starting points:

1. There is a so called "distributed ledger" mostly you never heard, but that is an actual file on the computer that contains every transaction since the beginning of bitcoin. That file used to be 10Megabyte, later 10Gigabyte, last year it was 150 Gigabyte, in 2019 most likely it will overpass 300Gb. And consider that 99% of the people don`t really use bitcoin for daily transactions, they do a transaction here and there every month, not 10 per day.

If you join the bitcoin network as a so called full-node, you have to have this file on your computer! Yes, you can just use bitcoin and not join as a full-node, but what if less and less people wants to join as full-node? This takes us to the next point.

2. Fee-s are determined based on the importance of full-nodes. In the beginning everybody was able to join as full-node and do some mining. Full-nodes verify the legitimity of your transactions. The less full-nodes the more they charge you. (because they are rare) Already, if you want to transact $30 the fee will be somewhere between $5-$50 depending on how loaded the full-nodes are.

3. There was a bug discovered in October on the Bitcoin network that if discovered by wrong people could have created infinite number of bitcoins in an irreversible way. We were lucky that the core team found the bug. This is 10 years after the software is on the market.

4. Speed. It is a total lie that it`s fast. It`s actually really slow. When you do any transaction fiat or crypto you need two things, #1 check available funds #2 do the actual transaction.

At the bitcoin network this two happens at the same step. When you send bitcoin to me, the network verifies it`s validity by putting it into the ledger and the whole network comes into the consensus that the new ledger is good. To get feedback from the network takes at least 20 minutes, but in non-extreme cases at least few hours. If you are really unlucky, when the network is loaded with lot`s of transactions it takes days, sometimes weeks! yes, weeks.

With VISA for example, when you pay with card, the firs step, check the available funds will happen in 3 sec, always...and they transfer the actual money later (takes 1-2 days....always)

If I`m selling TVs and you come to my shop and pay with bitcoin, I`m not gonna let you go with the TV until the transaction is approved. With bitcoin this can take 20mins - 2 weeks with VISA this is 3 sec.

5. I know, Lightning network supposed to solve this. Let me not go into this, this is the most buggy part of the whole. I wrote too much already. The lightning software is so full of bugs that it freezes on you sometimes and you have to do it again over and over until it passes.

Second huge problem with it, that have you ever read how to use the lightning network? It`s a 10 step process, even me, a programmer had to read twice to grasp the steps.

Just to sum it up:

If 10 times more people would start using bitcoin, and everybody would really use it as normal daily use, the number of transactions would be hundreds fold. You can see from the network statistic links that I attached that #1 the ledger size would go into the several Terrabyte size / year. #2 fees would skyrocket
#3 transaction times would go into the weeks area.

Good luck thinking this piece of software will be used worldwide.
 
Old December 29th, 2018 #29
Alex Linder
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Yes that all is true and makes sense but does not mean anything if u are using bitcoin as a store of value, u dont need need to do hundreds of transactions per day. Bitcoin is gold 2.0 it should be used to store wealth and ocasionally transact when required to move large funds, so the lag shouldnt be a concern if used that way.
 
Old January 1st, 2019 #30
Alex Linder
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good report by kaiser n bitch


says price, hash rate and difficulty are three measures of BC, price is least important

she says it's gone down 90% in value a couple times. that's when the quality work gets done by the engineers
 
Old January 1st, 2019 #31
Alex Linder
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Keiser says BC is central bank of world w rock-solidest monetary policy there is in the world. BC competes with central banks - hardest money every created (coin emitted every 10 minutes). the other variables accommodate the 10-minute emission rate.

a newly fractionalized world will "invariably" turn to BC for settlement of global trade. gold is NOT rapid enough, BC is.
 
Old January 1st, 2019 #32
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Keiser & Herbert are saying that the US has used SWIFT to deplatform nations - now Germany, Russia and many others are looking to set up an alternative.

BitCoin issues (emits) coins every ten minutes. There's a limit on the total coins (21,000,000). BC is good for resolving international trades, since unlike gold bars it's not heavy and hard to move.
 
Old January 1st, 2019 #33
Alex Linder
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his guest says BC is going under 1000. and gold is going to 600!

if so, buying will be even better. i'm personally hoping BC do just that. for that is the time to buy.

second guest says if fed raised rates to 3.5%, gold could get down around 1000.

2018 saw first shift AWAY from SWIFT (from Germany). what impact on gold, etc, from this. china, india, russia buying up gold last seven years.

govts and central banks are transacting in gold all the time. dollar as reserve is going down all the time, leading to more gold trading. CB deal in gold. (they could deal in BC!).

guest says someday we will wake up and some country will have remonetized gold and price will go up.

Last edited by Alex Linder; January 1st, 2019 at 01:22 PM.
 
Old January 1st, 2019 #34
Alex Linder
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really enjoy keiser report - it's one of very few that dares take a light touch on things. light and serious at same time, just how it should be done
 
Old January 1st, 2019 #35
Alex Linder
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it's clear there will be serious attempt(s) made to coopt crypto. how to pull off fractional reserve scam in a new environment. as with politics, it will be something that appears to be what you want (decentralized or pro-white) that is actually what the opposite: (centralized, jew-controlled)
 
Old January 1st, 2019 #36
Alex Linder
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keiser says there will be a war between the BC and the globalists / wall street crowd. he has a private keys solution to ensure something.

this is debatable, whether it's right way to go, have seen it disputed

"you can crash them by taking delivery of your private key" (analogous to silver) prevents them from diddling behind scenes if you can do this, he thinks
 
Old January 1st, 2019 #37
Alex Linder
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The Central Banks should create their own Crypto and protocols then outlaw everything else if they have any sense.
 
Old January 1st, 2019 #40
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Okay, Bitcoin has gone from nonexistence, to $20,000, to $3000 in a matter of a decade. This is not an "investment grade asset" or a "store of value," it's a lottery ticket.

I honestly don't see the technology as a big factor in the long run. The desire for a decentralized money that isn't printable by a small circle of Jews will undoubtedly provide incentive to create blockchain technology that can handle all the transactions that the world needs. We went from the Wright Brothers' 10-second flight to Chuck Yeager breaking the sound barrier in half a century. Bitcoin seems a lot simpler than airplanes. But, it's not right to say that Bitcoin is "backed" by technology. Technology will surely limit its value, because no one will use Bitcoin if it takes hours to confirm a transaction. But even if the technology could handle all the transactions in the world, 10 times, over, so what? Who's forcing me to use a Bitcoin, or why do I want to? No one's forcing me, but I'm going to want to get one if I think it will hold its value, which requires me to estimate what I think others think, and what I think others think others think, and so on. The whole thing is a Keynesian Beauty Contest, because a bitcoin has no consumption value.

But... maybe I'll buy one. I could see it going to $100 or $100,000. Who knows


Other points:
Cryptos are great for moving large sums of money. Paypal takes 3%. Transferwise charges ~1%, which is the best deal I could find. Bitcoin is a few cents. If you're moving 100,000, this is a huge deal.

Bitcoin is public, but there are privacy coins (most famous being monero) which hide transactions from the public record.

I forgot to mention this earlier, but if you actually want a crypto that is usable for transactions now, will not change by 20% by the time you buy something, and has significant market cap and volume. there are cryptos backed by existing fiat currencies: USD (USDT, TrueUSD), CNY (BitCNY). I don't know if these are actually private like monero, but even if they aren't, they are an option for political dissidents who are deplatformed by payment processors and don't like the volatility of Bitcoin.
 
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