Banking collapse right around the corner? [news]

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  • jscott
    jscizzle
    • Feb 2001
    • 25411

    #31
    Originally posted by AmateurFlix
    You might want to take a look at just how centralized bitcoin validation has become before you try to tout that as a virtue. Bitcoin today is not the bitcoin of a decade ago. Transaction validations are HIGHLY concentrated in just a handful of jurisdictions. The price is very easily manipulated by central exchanges and fake volume. Just around 2000 wallets control around 40% of the circulating supply, it's not as well distributed as people are led to believe.

    Add to that Blackrock is getting in the game with a bitcoin ETF for swing traders to take advantage of. I've little doubt it will be marketed to the elderly and paranoids to encourage them to dump their life savings into a fund with intentional volatility knowing full well the majority will panic sell and make Blackrock richer.

    Bitcoin's price, as manipulated as it already is, stands to get much more manipulated by the big players. It is very far from being a transparent result of the free market.
    I'm only going to comment on 1 of your replies, because you're too ridiculous. 40% of circ supply is on exchanges, when you see 1 address holding a large amount of BTC that is an exchange. You're trying to be deceptive. You are basically a scammer sales man. I honestly hope you can make tons of money off the ElephantMoney scam, but not at the loss of others. I will call you out. Like any scam, you can make money off it, so anyone hoping to "get lucky" by all means go for it, but you have been warned.

    “If you think tough men are dangerous, wait until you see what weak men are capable of.”
    —Jordan B. Peterson

    Listen to Pomp tell why is Bitcoin important

    Comment

    • jscott
      jscizzle
      • Feb 2001
      • 25411

      #32
      Originally posted by AmateurFlix
      For those willing to do more investment research than reading someone's sig:

      If you'd like a more direct comparison to Bitcoin, here is the "supply adjusted" price, if the value was concentrated down to the same 21 million coins:



      It's over two years on, but this is very early for those willing to take a gamble.
      Desperate marking tactic.

      Are you "all in"??? Man, that sucks. You lost. But you're not going to drag anyone else down with you AmateurFlix. This scam will not last more than a few years.
      “If you think tough men are dangerous, wait until you see what weak men are capable of.”
      —Jordan B. Peterson

      Listen to Pomp tell why is Bitcoin important

      Comment

      • plsureking
        bored
        • Aug 2003
        • 4900

        #33
        Originally posted by k0nr4d
        You really should have both though... Some silver too.
        ..and a couple fish ponds, several vegetable gardens, meat birds, solar water pumps, and some rice/grain fields.

        we're covered on money storage. you gotta cover survival too. we have all those things except meat birds. they're too noisy and dirty. we'll be able to trade for them locally if it goes down.

        i told my wife we should build a fallout shelter but she made me put away my tin foil hat

        #
        PornCMS / low cost paysite management with hosting

        Comment

        • AmateurFlix
          Confirmed User
          • Jul 2004
          • 7762

          #34
          Originally posted by AmateurFlix
          So what's your incentive for promoting bitcoin?
          Someone paying you for that sig link and your poorly informed keyboard diarrhea?
          Originally posted by AmateurFlix
          Okay, let's start with why you avoided this question?
          What are you getting out of trying to scare people away from other opportunities? Who is compensating you for the advertising space in your sig and for spending your time on these poorly informed little tirades & fud?

          Don't avoid the question. I've been honest and transparent here since I began sharing info about this opportunity, why won't you be?
          Why do you keep avoiding this question?



          Originally posted by jscott
          You are basically a scammer sales man.
          I think you require a time out per rule #10.

          Posting someone's debunked youtube video is not proof of your claim, and your continued insistence that I am some kind of paid salesman for this project is simply without merit.

          You have no way of backing up this false allegation because it is simply baseless libel.

          I remember you from like a decade ago when we had some link trades or something, you always seemed like a fellow with some sense of honor. WTF happened to you to turn you into such a desperate shithead liar?

          ...

          This is typical of bitcoin maxi's, they are the most ignorant crowd in the crypto space. They glean a few buzzwords from other bitcoin maxi's and then gaslight each other in their own self-created circle of ignorance and fear, desperately avoiding learning new information about a rapidly evolving technology while they pretend it's still 2009.

          Bitcoin is 14 year old, first generation software. There's nothing wrong with it for what it is, but pretending that it is where stability or major growth lie at this point in the crypto game is simply ridiculous. It is literally the most recent target of Blackrock's market manipulations via a product intended for traders to make money from exploiting volatility. That is not exactly an indicator of stable long term growth.

          For perspective, it is tantamount to telling naive noobs that the way way to make money in adult is by setting up a dial up BBS at the time that everyone had high speed internet and tubes were becoming the norm. 1994 - 2008, that's the same timespan as when bitcoin emerged until the present.

          And this clown has the nerve to call me a scammer.

          Judge for yourself, do your own research, don't let poorly informed bitcoin maxi's cloud your judgement, they are among the worst people in crypto to take advice from

          Visit something like https://www.coingecko.com/ and ask yourself if the 99 other choices listed there, many with multi-billion dollar market caps, can all be scams, can all be somehow inferior to the initial offering in this sector, can all have less stability, can all have less growth potential.

          The claims of these type of clowns dissipate with but with the slightest bit of education.


          Originally posted by jscott
          Are you "all in"???
          No, I allocated a reasonable portion of my funds into the project and continue to DCA in

          "Wisdom has always been chasing you, but you have always been faster."

          Comment

          • adultinnovation
            WIFE CHANGING MONEY
            • Mar 2019
            • 5342

            #35
            BitCoin is supposed to surge soon to $120,000 per coin.. when that doesn't happen.. they'll say next year.
            Adult Design
            HTML5 programming, Wordpress, Paysite Design, Logo Design & branding, Motion graphics, Tutorial Videos, Motion Advertisement's, 3D and 2D animation

            Comment

            • $5 submissions
              I help you SUCCEED
              • Nov 2003
              • 32195

              #36
              Remember: sell on the good news. Buy on the bad news.

              Comment

              • jscott
                jscizzle
                • Feb 2001
                • 25411

                #37
                @AmateurFlix

                There's isn't 1 investment in the world that can promise 50-200% APY returns unless it is a scam or ponzi.

                ElephantMoney scam offers to enrich the founders. Bitcoin does not since it has no central authority or founder.

                Bitcoin doesn't offer APY, Bitcoin offers to exist and to transact. With that the price (against any inflating fiat currency) should logically & mathematically appreciate. I still wouldn't recommend anyone to buy Bitcoin unless they learn about it first.

                Now it's up to you, promote the scam/ponzi, or not, but if you do, you will be called out for it on every single thread.

                Everyone, please learn from the past, Celsuis, Blockfi, Safemoon, and all those high APY were able to offer/promise such high yield because they were playing a VERY high risk game. Learn from it! Don't let the altcoin and ponzi promoters fool you again. Us "maxi's" were calling these out before they imploded, not because we hate all altcoins, but bcos their business models are hugely greedy and unsustainable.
                “If you think tough men are dangerous, wait until you see what weak men are capable of.”
                —Jordan B. Peterson

                Listen to Pomp tell why is Bitcoin important

                Comment

                • AmateurFlix
                  Confirmed User
                  • Jul 2004
                  • 7762

                  #38
                  Originally posted by jscott
                  blah blah blah
                  I am crypto illiterate and am here to scare you away from anything other than Blackrock's darling

                  Ignore AmateurFlix's history of mentioning one coin which has already doubled in price and keeps gaining deeper liquidity.
                  Ignore AmateurFlix's other mention of Futures which has more than doubled his initial stablecoin investment

                  I am the twatwaffle who will protect you from crypto gains!
                  What is going to be called out on every single thread is your brazen ignorance of the crypto market. You lack even a basic vocabulary to discuss the topic intelligently.

                  The notion that anything which stands to enrich the founders is a scam, is simply irrational. Of course anyone who holds from an early point in time and sees a rise in value stands to gain; bitcoin as well.

                  (bitcoin) ... "should logically & mathematically appreciate" - this is basic supply and demand. It is a highly volatile, speculative coin which no longer offers any significant advantage over many competing altcoins, many of which are technologically superior. Its price over the long term will have more to do with pressure from news cycles, market manipulations, and the long slow degradation of its appeal as compared to the utility of its competitors.

                  Yes, please do learn from the past. While the coin which twatwaffle here would deceive you into thinking is the only rational investment option lost around 75% of its value between Nov 2021 - Nov 2022 there existed many many other altcoins which did not see such great loss.

                  BTW:
                  Originally posted by AmateurFlix
                  So what's your incentive for promoting bitcoin?
                  Someone paying you for that sig link and your poorly informed keyboard diarrhea?
                  Originally posted by AmateurFlix
                  Okay, let's start with why you avoided this question?
                  What are you getting out of trying to scare people away from other opportunities? Who is compensating you for the advertising space in your sig and for spending your time on these poorly informed little tirades & fud?

                  Don't avoid the question. I've been honest and transparent here since I began sharing info about this opportunity, why won't you be?
                  Originally posted by AmateurFlix
                  Why do you keep avoiding this question?
                  Your avoidance of this simple question is beginning to look like you have something to hide...

                  Comment

                  • plsureking
                    bored
                    • Aug 2003
                    • 4900

                    #39
                    all i'm gonna say about the spat is that i bet this thread converts more elephant buys than bitcoin buys.

                    remove all the emotional damage and there's some good facts here on both coins.

                    #
                    PornCMS / low cost paysite management with hosting

                    Comment

                    • beavr
                      Confirmed User
                      • Sep 2015
                      • 563

                      #40
                      40 banks collapsed
                      VR porn is SexLikeReal.

                      Big money in VR porn those days

                      Comment

                      • JohnJD
                        Confirmed User
                        • Sep 2010
                        • 72

                        #41
                        Originally posted by AmateurFlix




                        1994 - 2008, that's the same timespan as when bitcoin emerged until the present.
                        Damn, that got me thinking for a while, incredible, time flies, time is weird.

                        Elephant seems interesting, thanks.

                        Comment

                        • $5 submissions
                          I help you SUCCEED
                          • Nov 2003
                          • 32195

                          #42
                          Stock market going wild right now.

                          How far will it go up before it starts crashing?

                          Comment

                          • $5 submissions
                            I help you SUCCEED
                            • Nov 2003
                            • 32195

                            #43
                            Canary in the coal mine?

                            Smart Money usually moves several quarters before FIT hitting the SHAN

                            Comment

                            • $5 submissions
                              I help you SUCCEED
                              • Nov 2003
                              • 32195

                              #44
                              The banking crisis is REAL and could stretch on for YEARS: https://www.bloomberg.com/news/artic...etch-two-years

                              Comment

                              • $5 submissions
                                I help you SUCCEED
                                • Nov 2003
                                • 32195

                                #45
                                Seems like there's new news of banks under pressure every single day

                                Canary in the coal mine swooning?

                                Comment

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