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4 years ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
I agree but for those who want learn more that just a fund... Grayslake charges a 2% vig for doing what you could be doing. Just sayjn.
discussion comment
4 years ago
You win BTH. Enjoy your victory!
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4 years ago
Dude you are fixated on BTC. If you were real you would hate on Monero but no you are just a fake crypto hater. Fuck off on your childish ill informed troll.
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4 years ago
It's not a place to claim victory with a position in BTC. Its a place to salvage victory from defeat.
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4 years ago
Is the covid nose-kill going to be old PL's excuse? "But I had covid..."
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4 years ago
Nice troll thread. Well done
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4 years ago
Lol you do realize its easier to trace a bitcoin transaction than trace the movement of a $100 bill?!?! Its not untraceable at all and was never claimed to be? How do you think Silk Road was closed down?
You have some serious bias against BTC and its clouding your judgment. Your arguments are weak and biased.
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4 years ago
Damn I wish I could edit. I write too fast...
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4 years ago
@Papi
Absolutely governments can create their own crypto. In our case the US Fed is already going down this road. But thats not the point. They will create an inflatable currency that can produced at will be The Fed. It would work the same way as they are doing right now with fiat $. Pump it up at will!
The special characteristic of Bitcoin is that it has a limited supply (like a physical asset such as gold). Thats really an important distinction and why Yellen is attempting to demonize it often "being used by "criminals". Her statement is fundamentally not supported by the evidence and she draws no comparisons of the massive criminal activity using untraceable physical currency. She says this because the general public is frankly pretty dumb to understand what's going on and this is an easier story for the GP to digest vs The Fed just wants its use to be minimized. Loss of control by Treasury is the real point of opposition (because they want to be able to adjust fiat numbers at will).
Digital currency is not a passing fad or just some kind of smoke and mirrors pump scheme on some Reddit board. The real ones serve a valuable market function and the market is responding.
There is an interesting article by the St. Louis Fed on Etherium if anyone is interested.
https://research.stlouisfed.org/publications/review/2021/02/05/decentralized-finance-on-blockchain-and-smart-contract-based-financial-markets
discussion comment
4 years ago
Revel in your misplaced hate.
I have no love for whats been going on at the Fed. But fiat has increased +25% baseline since pandenic and projected +40% post pandemic. These are horrifying increases by any interpretation. Commodities are a no brainer...
Hey securities will do fine if thats your thing...pent up demand and stimulus will mean inflation and stocks are also a great bet in that environment.
The market is in another upswing and fundamentals are out of kilter
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4 years ago
Haters continue your unreasonable hate...
Maybe you can give Janet Yellen some love. Dont get your hopes up, I hear she like sticking her fingers into dikes.
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4 years ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
...I would still stay long
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4 years ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
Don't fight the Fed is the golden rule. i.e If the Fed is pumping money don't take the other side of that bet. There are players saying the Fed is overdoing it and I tend to agree. IMO we are heading to an epic bubble and the actions in the market seem to tell that story.
Don't try and time it because 9/10 you will lose. Also if you don't participate you will definitely lose. Stay long and strong.
I hedged this outcome with BTC but even if I diddnt
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4 years ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
Robin Hood is a deeply flawed hero.
Dennis Moore says it all...
https://www.dailymotion.com/video/x2nrqgb
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4 years ago
RHB FTW
San Francisco does not approve of my message
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4 years ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
Projects like this requires centralized planning and long term commitment on the economic model. Europe and especially Asia does a much better job on these kind of infrastructure projects.
The US doesn't seem to have the appetite or patience to take on these type of projects.
discussion comment
4 years ago
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Papi_ChuloMiami, FL (or the nearest big-booty club)
@Papi for those in the the business this is all academic. The electric utility grid has a socialized cost model which has been in place since the early century. For those that get triggered by the word socialized it was made that way or those in the rural and poor areas would never have gotten electricity to begin with. Also, 20 year ROI's are common in the biz and no business in their right mind would take that risk without certain gaurentees of regulated return. Soo everyone pays their fair share based on usage regardless of their economic class and everyone gets served (nothing socialist about paying your fair share).
You seem to be pointing to the irony of left leaning agendas trying to help the poor while increasing their financial burden because of the push for renewable energy. Hmmm...perhaps we should justalso remove all that expensive fossil fuel exhaust treatment too. How about the environmental abatement for mercury, asbestos and environmental disruption from these fossil plants. Oh, btw the poor often live near these plants and most at risk from those effects.
But there is definateky a fallacy that 100% can come from renewable energy. We will always need concentrated base load generation (when the wind ain't blowing and the sun ain't shining) Nuclear and mass storage is the logical solution. Natural gas is a stop gap. Coal is a dying a long slow death.
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4 years ago
"Fuck you I saw him first"
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4 years ago
Happy for Matt. Hope it works out better for him.
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4 years ago
Like a year and a half after I met her again while on SA. Seriously she was hinting at it and I didd'nt take the hint until after the next day and my buzz wore off. I felt sorta douchy because she was talent and nice. But me not remembering was likely a buzzkill for her. I don't blame her.
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4 years ago
wtf how did I think you were Papi? I haven't even started drinking yet.
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4 years ago
Especially during this time Papi. Oh and welcome back!
BTW our present governor had the foresight and the stones to get weed legalized and online gaming. The weed and gaming implentation has been moving along suprisingly quick. This was stonewalled by previous administrations. She is ok in my book.
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4 years ago
In the long run markets reward reasonably smart steady plays. In the short run smart players extract from dumb players.
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4 years ago
I am just sitting long and strong...BTC has been a nice bump. I invest in the market and gamble in the casino...better odds.
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4 years ago
Too much ass for me. Her hip to boob ratio is also off.