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Thread: Bitcoin Blasts Through $15,000 - "It's A Consensus Hallucination"

  1. #11
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    Quote Originally Posted by Samuel Adams View Post
    Furthermore.......just because the commoner is ignorant of the intrinsic
    value of the precious metals......does not mean that those Old World
    Merchant families and governments of the world who hold tons of it are dumb as rocks for doing so.

    Falling back on the old "you can't eat it", slobber and drivel is the ploy of those who simply can't afford the stuff.....to make themselves feel better in their self-perceived poverty. Note that I said, self-perceived. There is no shame in owning no "precious metals".

    Otherwise, there is certainly nothing wrong with barter.....just quit dissing those who long ago had the necessity of food covered, and have moved on to more durable and permanent means to store their wealth.

    And I don't own gold......
    No shame in owning it, but it is an affront to God to trust in it.
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  2. #12
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    i'd think the fed reserve and others would be interested in the demise of bitcoin,they have the funds to do it--that's for sure
    pump and dump coming-imo

  3. #13
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    Quote Originally Posted by jimmythebee View Post
    i'd think the fed reserve and others would be interested in the demise of bitcoin,they have the funds to do it--that's for sure
    pump and dump coming-imo
    Makes sense. What they can't control, they can destroy.
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  4. #14
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    $62,000,000.00 in bitcoin stolen. It's gone....

    zerohedge:http://www.zerohedge.com/news/2017-1...bitcoin-stolen

  5. #15
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    11:10 am EST - bitcoin $16,001

    https://www.coindesk.com/price/
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  6. #16
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    Quote Originally Posted by Pastor Guest View Post
    11:10 am EST - bitcoin $16,001

    https://www.coindesk.com/price/

    11 minutes later, $16,201

    This will be the "pop" heard 'round the world.
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  7. #17
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    Two minutes after my last post, $16,430

    Up 19.85% today
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  8. #18
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    If you don't understand what you need to know about Bitcoin, Karl Denninger lays it out nicely in this short article.

    https://market-ticker.org/akcs-www?post=232646

  9. #19
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    According to CNBC it peaked at $19,340 before dropping 20%.
    Pastor Guest

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  10. #20
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    Quote Originally Posted by Pastor Guest View Post
    Bitcoin:

    1. Is it tangible (can you physically hold it)?

    2. Does it have any other use other than monetary?

    3. Does it have any intrinsic value?

    It's a scam.
    It's a scam for geeks and the easily duped. The Bitcoin bubble is on crystal meth, crack and heroin.

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