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Joined: Oct 2012
Posts: 7,624 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2012
Posts: 7,624 Likes: 2 |
Buy Solana. I'm doing very well with it Cash out your 401K and borrow everything you can against your home and buy more. San Francisco has room for a couple more homeless.
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Joined: Oct 2010
Posts: 7,712 Likes: 7
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,712 Likes: 7 |
Digital currency can be gone with the push of a button.
Who controls that button? Please say who.
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Joined: Feb 2001
Posts: 4,043
Campfire Tracker
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Campfire Tracker
Joined: Feb 2001
Posts: 4,043 |
Digital currency can be gone with the push of a button.
Who controls that button? Please say who. In a Mad Max type of scenario, the lack of electricity?
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Joined: Oct 2010
Posts: 7,712 Likes: 7
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,712 Likes: 7 |
Digital currency can be gone with the push of a button.
Who controls that button? Please say who. In a Mad Max type of scenario, the lack of electricity? That isn't a who but you did your best.
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Joined: Feb 2001
Posts: 4,043
Campfire Tracker
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Campfire Tracker
Joined: Feb 2001
Posts: 4,043 |
Digital currency can be gone with the push of a button.
Who controls that button? Please say who. In a Mad Max type of scenario, the lack of electricity? That isn't a who but you did your best. It was tongue in cheek . Sorry you didn;t get it.
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Joined: Oct 2010
Posts: 7,712 Likes: 7
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,712 Likes: 7 |
Digital currency can be gone with the push of a button.
Who controls that button? Please say who. In a Mad Max type of scenario, the lack of electricity? That isn't a who but you did your best. It was tongue in cheek . Sorry you didn;t get it. Ok. It is difficult for me to tell sometimes because there are more than a few people here who imagine that the government would shut off electricity to stop Bitcoin transactions, while they smugly took their fiat down to Taco Bell to get a burrito.
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Joined: May 2015
Posts: 2,109
Campfire Regular
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Campfire Regular
Joined: May 2015
Posts: 2,109 |
Digital currency can be gone with the push of a button.
Who controls that button? Please say who. In a Mad Max type of scenario, the lack of electricity? That isn't a who but you did your best. It was tongue in cheek . Sorry you didn;t get it. Ok. It is difficult for me to tell sometimes because there are more than a few people here who imagine that the government would shut off electricity to stop Bitcoin transactions, while they smugly took their fiat down to Taco Bell to get a burrito. I've tried to do my due diligence on crypto, and Bitcoin has more points of defense than any other crypto...by a long shot. Do you have the same read?
@jameslavish
If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.
This is inflation
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Joined: Jun 2009
Posts: 3,985 Likes: 2
Campfire Tracker
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Campfire Tracker
Joined: Jun 2009
Posts: 3,985 Likes: 2 |
Digital currency can be gone with the push of a button.
Who controls that button? The IRS for one.
"I was born in the log cabin I helped my grandfather build"
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Joined: Oct 2010
Posts: 7,712 Likes: 7
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,712 Likes: 7 |
Bitcoin has more points of defense than any other crypto...by a long shot. Do you have the same read? Yes
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Joined: Oct 2010
Posts: 7,712 Likes: 7
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2010
Posts: 7,712 Likes: 7 |
Digital currency can be gone with the push of a button.
Who controls that button? The IRS for one. No, but they do want to tax it. If you relate your wallet to your identity in any way, you should pay those taxes. But that isn't a unique situation apart from the possibility you can transact crypto without associating your identity.
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Joined: Jul 2015
Posts: 14,723 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2015
Posts: 14,723 Likes: 2 |
Digital currency can be gone with the push of a button.
Who controls that button? The IRS for one. No, but they do want to tax it. If you relate your wallet to your identity in any way, you should pay those taxes. But that isn't a unique situation apart from the possibility you can transact crypto without associating your identity. Unless it's a privacy crypto, how would you do that? Johnny Law loves when crooks ask for ransoms in Bitcoin. It's so easy to trace.
Politics is War by Other Means
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Joined: Jun 2021
Posts: 473
Campfire Member
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Campfire Member
Joined: Jun 2021
Posts: 473 |
I've put my money in XRP, hold some other tokens but the bulk is in XRP, hoping for a nice dip before the April halving to buy some more.
The only thing necessary for the triumph of evil is for good men to do nothing.
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Joined: Feb 2003
Posts: 10,384 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2003
Posts: 10,384 Likes: 3 |
![[Linked Image]](https://www.24hourcampfire.com/ubbthreads/gallery/80/full/249759.jpg) Since 1994 an investor could make 20%/year in MSFT, GOOG, and AMZN. Comparing 20%/year to Bitcoin, it looks like bitcoin wins between 2017 and 2018.
There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self. -Ernest Hemingway
The man who makes no mistakes does not usually make anything.-- Edward John Phelps
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Joined: Dec 2005
Posts: 10,296 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2005
Posts: 10,296 Likes: 1 |
"...A man's rights rest in three boxes: the ballot box, the jury box and the cartridge box..." Frederick Douglass, 1867
( . Y . )
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Joined: May 2015
Posts: 2,109
Campfire Regular
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Campfire Regular
Joined: May 2015
Posts: 2,109 |
https://twitter.com/foxesneverQ/status/1764610126085034402Interesting take. @LukeGromen @crossbordercap Could cryptocurrencies help drain inflation out of assets like stocks, real estate that created bad inequality. And if so would governments start encouraging these assets to inflate while they fight the global debt deleverage?
@jameslavish
If you work 40 hrs/wk: at 5% inflation and after 5 years, you need a 28% pay raise or to work 44 more hours (*one full extra week* per month+) to make up the difference.
This is inflation
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Joined: Oct 2003
Posts: 3,859
Campfire Tracker
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Campfire Tracker
Joined: Oct 2003
Posts: 3,859 |
You don't necessarily need to buy/hold your own crypto anymore, and for alot of people they are probably better off not doing so. You can buy an etf or even invest in things like Coinbase or Robinhood stock. Everything has run pretty hard for the last few months(even Coinbase stock up 200%) so might not be ideal buying times.
I don't look at crypto like typical old-school investments, where you buy some blue chips and basically forget about them for the next few years. You have to be paying attention.Be willing to buy when everyone is sure it's all dead and never coming back, and start selling when everyone starts paying attention again. It's just a tool to make money, that's it. There has been many projects that have done 500-1000% or more in just the last few months. If you're willing to pay attention and watch the charts a bit, it can pay off well.
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petersena
Unregistered
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petersena
Unregistered
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One piece of advice I'd give is to start small and gradually increase your investments as you become more comfortable with the market. It's also crucial to do thorough research on the cryptocurrencies you're interested in. Understanding their technology, use cases and market trends can help you make informed decisions. As for resources, there are plenty of beginner-friendly courses and guides available online. These can provide you with a solid foundation and help you navigate the complexities of the crypto market. Additionally, keeping an eye on miner profitability can give you insights into which cryptocurrencies are performing well and may be worth investing in.
Last edited by petersena; 04/16/24.
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Joined: Aug 2003
Posts: 39,139 Likes: 24
Campfire 'Bwana
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Campfire 'Bwana
Joined: Aug 2003
Posts: 39,139 Likes: 24 |
One piece of advice I'd give is to start small and gradually increase your investments as you become more comfortable with the market. It's also crucial to do thorough research on the cryptocurrencies you're interested in. Understanding their technology, use cases and market trends can help you make informed decisions. As for resources, there are plenty of beginner-friendly courses and guides available online. These can provide you with a solid foundation and help you navigate the complexities of the crypto market. Additionally, keeping an eye on miner profitability can give you insights into which cryptocurrencies are performing well and may be worth investing in. Nice bot you have there.
Me
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Joined: Dec 2020
Posts: 784
Campfire Regular
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Campfire Regular
Joined: Dec 2020
Posts: 784 |
Backed by the full faith and credit of the United States of America. That statement does not carry the power or confidence it once did.
They will vote our way into socialism, We will have to shoot our way out.
Every major horror in the world was perpetrated in the name of altruism.
Just how big is Aroostook County you ask?
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