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79
Repeat of 2008? Same weekend, same market pattern, same crash? (We know the answer already) (twitter.com)
posted 2 years ago by bubble_bursts 2 years ago by bubble_bursts +79 / -0
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▲ 3 ▼
– SuckaFree 3 points 2 years ago +3 / -0

What are the odds?

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▲ 3 ▼
– bubble_bursts [S] 3 points 2 years ago +3 / -0

1

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– OneMoreTim3 2 points 2 years ago +2 / -0

Does this mean silver is going on sale?

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▲ 2 ▼
– flowbrother 2 points 2 years ago +3 / -1

The difference is that this time around we have Bitcoin.

[THEIR] endgame has always assumed that we all - every single one of us HAS TO be part of [their] blood soaked fiat system.

OOPS !!!!!

bitcoin is here. Now there is an exit from [their] system and [their] illusionary mOnEy, [their] fiat.

It would be great if patriots would simply join the global silent revolution to replace the entire bankster system, instead of enabling banksters in quenching [their] thirst for our children's blood with every single transaction they make.

Please do yourselves a favour and INVEST 4 -5 hours of your entire life into watching some Andreas Antonopoulos videos in order to understand the bitcoin technology and be in a better position to hAvE aN oPiniOn about it.

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▲ 2 ▼
– bubble_bursts [S] 2 points 2 years ago +2 / -0

The best way to understand if Bitcoin is indeed the new freedom currency that lets us unchain the shackles of the central banking system, is by learning its history and by understanding its shortcomings, and how those shortcomings were supposedly handled.

There are many leads to start with, but I highly suggest reading this article in full.

Roughly put, Bitcoin blockchain technology has an inherent limitation based around the block size. If you make this size bigger, you can process more transactions, but it will open itself up for abuses and denial of service attacks by packing the requests with lot of small transactions. Keeping the block size small limits the number of throughput of the network.

Watching how this issue was "resolved" gives a great insight into how Bitcoin stopped being "freedom blockchain" and got co-opted by the big money miners.

This is where they compromised decentralization for speed, and the big miners and corporate entities took control of the blockchain.

There are a lot more factors, but for geeks this is a great starting point to understand Bitcoin was always a "sample" of the freedom, but never the freedom itself.

Ultimately, a blockchain technology that does not have to compromise between cost, speed and decentralization, while also being Quantum proof does not exist.

Trump's Quantum Initiative EO points out the importance of making sure all financial transactions are quantum proof, which to me tells that there is some other technology yet to be released, behind the scenes, which is what will replace the current financial system.

Until then, you are better off parking your savings into good old precious metals.

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▲ 1 ▼
– flowbrother 1 point 2 years ago +2 / -1

the good ol precious metals that [they] control 99.99% of?

Great move.

I have been involved with BTC for many many years. I also mine it, run a number of BTC nodes and about 50 lightning nodes. I am hoping you know what that is.

Believe me, your fears are completely unfounded. Where were you when we the users for the first time in history beat the corporations with the UASF ????

That was the day the planet knew that bitcoin cannot be controlled by any one group.

Catch up.... you are still stuck in 2014 narratives.

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▲ 1 ▼
– bubble_bursts [S] 1 point 2 years ago +1 / -0

the good ol precious metals that [they] control 99.99% of?

Its cute that you think [they] don't control Bitcoin just because you run a few nodes and they let you have soft fork.

Its like me saying I run a couple tech companies, so [they] don't control Tech industry.

Believe me, your fears are completely unfounded.

Anything that starts with "Believe me" usually ends up in tears. See the post I made and the amount of information it put into it, and you reply to it with "Believe me".

See, if you knew anything beyond running a few nodes, you would have replied back with "I understand there are a few issues and possibilities to consider, but I think over all its pretty solid" or something along those lines.

Catch up.... you are still stuck in 2014 narratives.

I don't believe in narratives. I believe in what I can see, think about, analyse and judge.

and about 50 lightning nodes. I am hoping you know what that is.

And I see you have a habit of falling for narratives.

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▲ 1 ▼
– flowbrother 1 point 2 years ago +1 / -0

I'm sorry, but did you choose Bitcoin cash, you seem irrationally triggered.

Do you think you missed out ?!?!?!?!?!

That would be foolish seeing as you can scoop up BTC at 2017 prices right now.

The UASF is not something [they] gave us, it is something that WE chose - those of us who run nodes.

"See, if you knew anything beyond running a few nodes, you would have replied back with "I understand there are a few issues and possibilities to consider, but I think over all its pretty solid" or something along those lines."

That is the ind of answer I would have laid out to you in 2014, but the size of the network makes that kind of statement a bit ghey at this point.

Catch up, you are starting to sound awfully ignorant.

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– bubble_bursts [S] 1 point 2 years ago +1 / -0

Ah personal insult. The last resort of a guy who is out of valid arguments.

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▲ 2 ▼
– Francewhoa 2 points 2 years ago +2 / -0

No To Privatize Profit and Socialize Cost.

3 Alternatives to Big Banks Bailout 2008 or 2023:

https://greatawakening.win/p/16aTVMFf19/alternatives-to-big-banks-bailou/

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– TieDyeTrump 2 points 2 years ago +2 / -0

Beware the Ides of March

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