Missed out on bitcoin? You can still earn some easy money.

Discussion in 'Lifestyle' started by Parrot, Dec 7, 2013.

  1. white is right

    white is right Hall of Famer

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    The bubble has officially burst. I suspect it crashes like the Hindenburg, down to about 1K US, which was about the price before this bizarre frenzy......
     
  2. Freethinker

    Freethinker Hall of Famer

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    I don’t agree. Blockchain technology is not going anywhere. In fact, it’s only beginning to be adopted by companies and governments.

    How crypto currencies fair in the long run is debatable. Most will probably fail but some will emerge and garner wider spread adoption. Bitcoin, for example, is slow and antiquated tech at this point. However, it has widespread name recognition. Monero, while lesser known, has full privacy built in which is leading many to predict its inevitable rise in prominence. It’s also possible the next big coin has yet to be invented.

    Also keep in mind that many “altright” personalities have been shutout of the jewi$h financial system and online payment processors like PayPal and go fund me. They are all using cryptos now to fund their operations. If things get worse for us politically, it’s not hard to imagine the (((system))) shutting anyone with “wrong thoughts” out financially.

    “You don’t believe that 88 gorillion jew$ were gased by evil Nazis? No more credit card or bank account for you goyim.”
     
    Last edited: Feb 4, 2018
  3. Heretic

    Heretic Master

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    Very well said. I haven't had much extra time to keep up with the emerging cryptos. You are the second person that I have heard mention Monero in "conversation" over the past week, so I'll have to look into it. IMO a good and stable crypto currency has to be...decentralized, fully private, highly secure, finite and fast (near instantaneous transactions).

    The number of Bitcoins is finite, so it cannot be artificially inflated, therefore the "bubbles" can only be so big unlike what happened in the housing market several years ago. It's really more like virtual gold at this point, until transaction speeds improve greatly. If you do a Google search on "Bitcoin Price" to see what the current price is, Google will also display three Fake News stories, each of them disinfo about Bitcoin, so take it with a grain of salt.
     
  4. Freethinker

    Freethinker Hall of Famer

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    Bumping the thread.

    At the moment Bitcoin is at $12,800 and pushing to break $13,000. Amazing considering the price had cratered to $3,000 just earlier in the year. For anyone still holding crypto like I did, enjoy the ride.
     
  5. Don Wassall

    Don Wassall Administrator Staff Member

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    It's encouraging that Bitcoin can't be manipulated as easily as gold and silver. It's been eight years since silver was smashed and it's been held down ever since. The traditional 16:1 ratio of gold to silver is now creeping up toward 100:1.

    And for the past eight years, all the sites that tout precious metals have been claiming that a huge spike in prices is "just around the corner." Literally dozens of "experts" write puff pieces for sites like Silver Doctors and King World News and are wrong time and again. Most of them sell precious metals themselves so they have an agenda to continue to milk the suckers. Just shows that many alternative sites are as untrustworthy as the major fake news outlets.
     
  6. white is right

    white is right Hall of Famer

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    It's been going bonkers for the last 6 weeks or so, once it broke the 10K US mark lame stream stories have surfaced that are similar to the bull run in 2017.

    I have no idea where the bull run ends but when you hear similar stories about guys mortgaging their homes or quitting their jobs to mine or speculate in Bitcoin the bull run should be close to the end. It's time to strap on your crash test helmet for now and hang on if you have parts or a full coins......
     
  7. Freethinker

    Freethinker Hall of Famer

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    Yes, ironically it was the suppression of the silver market that got me into crypto. The manipulation is so obvious when the price stays exactly the same no matter what is going on with the USD or the global economy. At this point, I don’t even check the spot price anymore. Why bother? The (((money masters))) clearly want to cripple all other investment options for the goyim to get us into their stock market, which Max Keiser used to call the Casino Gulag.

    Crypto has a crazy amount of volatility, in addition to most coins (there are hundreds if not thousands at this point) being no more than pump and dump schemes, but I still prefer it to the neo-capitalism and global fiat system. One reason is I’ve noticed a lot of sites and crypto exchanges are run by goys. I’m sure there are the occasional tribesman but I’ve noticed a good amount of Russians, Euros, Chinese and Indians running important platforms. Heck even the Winklevoss Twins, who are goyish avatars, founded Gemini which is one of the larger digital currency exchanges. Small payback I suppose since they originally came up with the idea for a social network, which the Semitic nerd Zuckerberg stole to launch Facebook.

    Don, do you know any other ways to preserve or grow one’s wealth other than precious metals and crypto? Not asking for financial advise, just curious your thoughts.
     
  8. Don Wassall

    Don Wassall Administrator Staff Member

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    I think the best way to go is a combination of real estate (usually starting with building equity in your own house), stocks and/or mutual funds, and precious metals and bitcoin. I wouldn't put a large amount in precious metals and bitcoin though; precious metals because they've been held down for so long and the apparent threat they pose to the PTB, and bitcoin because of the volatility you mentioned. A lot of hard-right types have gotten old and died waiting for silver and gold to "go to the moon" as they're periodically told they will by the online dealers/hustlers. No more than 10 or 20% should go into precious metals and bitcoin unless you're young or a real gambler.

    Those with the know-how to flip houses and/or deal with rental properties seem to do well, but that takes certain skills that not everyone has.
     
  9. Freethinker

    Freethinker Hall of Famer

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    Thanks for the reply.

    I’m still working on the real estate thing but the housing prices in my part of the country is inflated to the moon. It’s tough for my generation (millennial) to purchase anything other than something in a “vibrant neighborhood “. Thanks to immigration, illegals to screw the blue collar and H1-Bs to screw the white collars, wages have stagnated and not kept up with inflation and rising real estate prices. Hopefully I’ll buy something within the next year or 2.

    Btw, I was definitely one of those libertarian types who got hustled into buying precious metals waiting for the “crash around the corner”. Sadly the black pill I’ve accepted with more life experience is that this globohomo system can limp on and on for decades more. A paradigm changing collapse can be managed by our (((elites))). The bread and circuses is enough for most to ignore the yearly worsening conditions.
     

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