The Rise and Fall in Bitcoin Value

I’m unsure how a man who is involved in discriminatory practices can help with anything. One of you quoted Warren Buffet word for word and told me I was a greater fool for using BTC and 5 of you liked the post. Maybe it’s the 6 of you who are the greater fools for listening to someone who wants to move society backwards instead of forwards.

It’s not because a man does bad things that he’s incapable of understanding other things. The redlining one of his firms did was a disgusting thing to make future profits. That company became much more profitable and actually acquired some of the “good businesses” that got stuck with people (from the ‘redline’ district) unable to repay the loans. It’s not good ‘social’ behavior and that all these things were able to continue for years is a tragedy as other companies were taken over (and probably were forced to do redlining too). Thanks to it being out in the open this will be adressed.

Assuming the guy in charge knows business very well, his opinion on crypto stands firmly. You have proven he knows about economy and does so ignoring the social responsibilities everyone has.

The system is called greater fool. You don’t end up with the empty bag? Well, you mine and sell thus give the bag to the next one fast. You are not the greater fool as those who bought from you are.

No, I was the one who had to stop you from victim blaming. Remember when you said people who invested in crypto and lost money were “just greedy”? Remember when you said you had to laugh with the social media posts about the people who put their live savings in and lost hard?

I think those thing you did say were bad and that’s it, I hope you understand the victims better after more of the posting and that you became a better man. Better, not bitter. The world is made by all of us, all we can do is become even better.

PS: If people would stop trading with Warren Buffet… he could just buy crypto and trade with that, no one would ever know… so I think you chose the wrong hill to dig a huge hole in… :wink:

I did say they were greedy, I didn’t laugh at them though, some of them committed suicide which isn’t funny at all. Quote me where I laughed or drop the point.

A business man without ethics giving others advice, okay. This thread is full of quotes from Warren Buffet and you and a few others have posted links with his narrative. Some of you idolise this man and have modelled your belief on his teachings. All I can say is go ahead but just don’t expect me to agree or take you seriously.

If I’m to listen to others then they must have ethics and principles and they must practice it. Warren Buffet was successfully able to get a lot of people over to his belief. It looks like manipulation if you ask me.

You should have searched this tread first and edited your post, I would not have found it… :wink: Now it’s quoted and too late. So you see, you understood the consequences of the crypto being advertised in multiple ways, even by posting here. But still we talk like civilized people. I would never say I don’t speak with you anymore, for me seeing you change from laughing at the investors and then when I show you the victims you did change your attitude. This is how both you and me make the world a better place. You never intended to harm people with your crypto business dealings, and you grew in knowledge.

Whatever, I’m fine with what I typed.

Fact is BTC is an opportunity for lots of people worldwide to collectively build value. BTC doesn’t discriminate against race or religion, this aspect alone might make it a success. In a way I’m glad Warren dislikes BTC it is also great that his followers aren’t interested either. It would be great if the only people who use BTC are the ones keen on seeing humanity move forward as a whole.

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I hope this too. But I’m afraid it became ‘over commercialized’ beyond repair. Time will tell, things always change.

LOL, that’s a massive change from “it’s a scam” You’re just talking. You dislike bitcoin and hope it crashes and burns. That’s what you’ve been typing this whole thread anyway why the sudden change of heart? Don’t change your narrative now just because your idol turns out to be a racist.

It’s absolutely fine for you to dislike it, just make sure you dislike it for your own reasons and not someone like Warren Buffet’s reasons. It’s really is Tin foil hat time, wear it with pride and analyse and think for yourself. This thread is full of Warren Buffet and I am concerned.

A point we discussed earlier was where I buy my legal CBD oil from a retailer on TOR (Tor Browser also sell secure domain names that you can only access via Tor Browser), This transaction is carried out by me logging onto Coinbase and buying BTC equal to the value of the CBD oil I wish to buy and then forward it to the retailer and receive my CBD.

This transaction is not an investment into BTC from the consumers perspective, I would compare it to going on Holiday and exchanging your currency for whatever currency the locals of where you’re going use. This is in fact where the real value of BTC comes from and many of you have ignored this important aspect and committed to believing BTC is something you buy and hold onto in order to make profit at a later date.

Now, If we imagine hundreds of millions of people doing similar transactions using BTC we will find that it is the retailer who is investing in BTC and not the consumer, the BTC can be sold to an exchange for fiat money and then that same BTC can be sold back to the consumers on an adhoc basis when they want to do their transactions.

This is the what we should be believing because it is logical and it creates a cycle which can continue, as long as my retailer keeps producing their lovely CBD oils I will keep on exchanging £50 for BTC and send it to them every couple of months. I don’t need to be concerned with what happens to the BTC after I receive my £50 value CBD oil, the transaction is complete and both retailer and consumer are happy, 5 star ratings all around.

Try to keep your viewpoints and logical and simple and without emotion as there is too much manipulation out there. The example I gave is 100% factual so anyone still believing “BTC is only an Investment to double or triple your money” has been manipulated into thinking that. Be careful.

Generally, most people really can ignore BTC if they find they have no use for it. The world does change and you may find some retailers that you want something from might accept BTC as payment one day.

No, it is used by scammers. It’s private money and that’s okay, the over-commercialization lead to extreme scamming on a scale never seen before in the history of the world.

If it’s legal why don’t you buy it at a local store and support your community?

The redlines are “poor areas” there are also whites that live there. It is discrimination as the people that live there have financial issues and thus get excluded from any future they might be willing to work for.

When I quote someone it’s not because they are an idol but because they make sense in a certain area.

ROFL!
Meanwhile on the internet :
Official Australian government site :

“Crypto is more commonly used as a speculative, longer-term investment, as most people don’t access their balance for everyday transactions.”

Yahoo finance :

Kobo (ebooks platform)

Nypost

Because it is unique and grown by specialists. I’ve tried lots of CBD oils and nothing comes close to the quality of my anonymous retailers brand.

Don’t bother, an investigation was carried out and the findings are exactly as you see it in the article I posted. Warren Buffet’s company was fined and then forced against their will to fund projects that help black people get mortgages.

I missed your point here. Re read what I said;

You missed the crucial word ONLY, BTC is not ONLY an investment is ALSO a currency that can be used in the way I described with my CBD oil transactions.

My point was that people try to get you to believe it is ONLY an investment and they try not to focus on the very useful currency part of it in order to manipulate you.

BTC can be used as an investment, like in the article I posted about the 14 year old. just don’t be tricked into thinking this is it’s only use, it seriously isn’t.

I had a quick browse through the articles you posted and yes they would restrict peoples thinking into viewing BTC as an investment.

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@Mina_Zealot You know BC is fake money, right? Like Monopoly money.

Buy Gold, safest investment since Moses’ time.

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Looks good, The hard drive containing the 8000 BTC is there somewhere, hopefully the Robodogs can scan for it and find it. I’m sure there are lots of people who might want to invest.

Some remarks I have :
2013… that harddisk has been exposed to humidity, cold , heat, condens for… 10 years now?
I hope they do not recycle the metals out of that landfill. ( https://www.youtube.com/watch?v=XBWy9gzGGd4 )
I hope the PC containing the disk isn’t crushed; Waste compaction - Wikipedia

Those are three concerns I would have before investing more than $1 into that funny story. But okay, if they want to have fun, why not. Not sure if they will recover it and if they do it won’t be too badly wiped.

According to this thread data can stay on a hard drive for around 69 years, the magnets within a hard drive degrades at around 1% per year. The hard drive is still within a computer so there is some protection. If the robodogs can scan for minute specs of gold and silver they will get lots of hits and find lots of electric gadgets. They will get an idea of where to dig which is better than just looking anywhere.

“James has contacted engineers, environmentalists and data recovery experts from around the world in his bid to carry out the search.”
http://www.environmentlaw.org.uk/rte.asp?id=245
What a clown.

I rather say did he “Shut down all the trash compactors, on the detention level”?

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Fior the first video I would suggest for 100v and 12A a 4mm² (41A max) if the cable is more than 5 meter long (which I assume it is). He should also show the grounding as I see no cables for that. I guess the cables are insulated so it’s at least one step from the Victorian age of electricity. If he recycled those panels that would be a plus.

For the second I would suggest him not to keep his hands going for the exposed connections of the cables, but I guess it was a fake/not powered installation as he is still alive and doing videos.

For the third, that is a good idea to power smartphones and tablets. It’s common in airports. Workout while you wait and charge your phone/tablet a little.

Cool, now the fans of the football team can earn BTC in Nicehash and then use it to pay for their season ticket without using existing payment networks like Visa. The CEO of this football team obviously doesn’t think BTC is a scam.

I have two of those, just for playing around with it :sweat_smile:

But I want to use them with my own node, not with coincorner

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