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So they are now discussing what sort of 'currency' would be suitable in a war situation.

This conversation somehow cracked me up. 🤣

 

Person 1: We are talking worst case scenario. Again how to you verify the purity of the gold in an an the spot situation?

Person 2: Same way it’s been done for 5k years look it up. It’s easier than figuring out Crypto 10x <- 😆

Person 3: You know mesoamerica used cocoa beans as a currency right?

Person 2: Yes and what happened to them exactly?

Person 3: Lol what? They were slaughtered by Spanish conquistadors

 

May be I should invest in gold assay test kit and  hallmark book once again....

 

Edited by DaleP
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On 2/26/2022 at 7:49 PM, spideysensei said:

Building a base on the weekly, seeking to make a higher low. The uptrend looks intact so far.

Probably hit resistance on the top end of the channel around 80k, but that won't be for a while.

Solid buy zone imo.

 

1112747145_btc-26-02-2022.png.b5c4899ea0a18f4ce5d32f27ef680319.png

 

You were right sensei again.

Pump it is. I did think it would pump due to Russians off loading their ruble to....

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3 hours ago, DaleP said:

 

You were right sensei again.

Pump it is. I did think it would pump due to Russians off loading their ruble to....

 

Tbh i tune out the fundamentals (i just don't know enough to trade based off that) and go with what the chart is saying, the technical picture. If you can do both, great, if you can do only one, imo the price action tells us all we need to know.

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13 hours ago, spideysensei said:

 

Tbh i tune out the fundamentals (i just don't know enough to trade based off that) and go with what the chart is saying, the technical picture. If you can do both, great, if you can do only one, imo the price action tells us all we need to know.

I think if you're primarily an investor then fundamentals more useful, for trading technical analysis essential!

 

At the investment school I'm in, you need min of 3 uncorrelated reasons to take a trade. With at least 1 from FA.

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Continuation of the post I made in the megathread but posting it here because it is not Covid related.

 

He said, crypto will be replaced by something else. I don't know the exact name but he said something along the line of completely encrypted system. This is because the blockchain is an open ledger and criminals can't use it. I can imagine, to move trillions of money will attract suspicion and create a hype. Also, once the super computer is up and running, they will be able to work out where it may have originated etc.

 

How he was introduced to the elite circle is really interesting. While back he wanted to help the victims of a disaster which you all know. Cut a long story short, he met this person who needed a replacement musician for a charity concert and he happened to be able to play the instrument so he offered. After the concert, the person who asked him to play said what he wanted in exchange and he said.....he wanted to learn how he could start a charity. From them on, he was introduced to Rosthchild and coached to learn the language and the way the elites operate. The rest is history. He does healing as well and I really think his heart is in a good place even though he circles around these people.

 

Anyway, so don't think crypto might last 20 years time. VHS/DVD/CD went out of fashion fairly quickly, didn't it?

I think it's ok for mid term investment but not super long. Just put this in the back of your mind when planning the future.

 

Another takeaway lesson is that don't think you have nothing to offer than hang around in a conspiracy forum.

I've had a similar experience in the past when a stranger wanted someone to type a letter and I offered as it is really nothing and I can type with my eyes closed. It opened many doors for me including financial and one of the reason I am here typing in this forum and took deep dive into spiritual realm. I guess Who You Know matters. For me, this is an adventure you cannot buy.

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Gotta admit that weekly close doesn't look great - bearish pin below some key EMAs. Don't be surprised to see a fake out candle at some point dipping below 33 and rising sharply again. Alternately a breach of 29 confirms a macro bear market. It's fair to say i'm not as confident as i was 2 weeks ago what with everything going on right now. With fear comes opportunity though.

Edited by spideysensei
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5 planets conjunct with Mars and Saturn with Apex early April. Historically not good! Expecting big turmoil in the world and markets up to that point. Then a rally for the sell in May and go away before heading down towards cost of production type levels for the bear .

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  • 4 weeks later...

Interesting.....🤔

Just heard how V_ _ _ _ can moves millions of money....like using crypto.

Don't ask me the details as IDK but uses old radio like those from WWII era and transmission cannot be traced...... make sense to you?

Edited by DaleP
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Not sure if this is the right place, but I read in AccountingWeb (free registration) https://www.accountingweb.co.uk/tech/tech-pulse/government-prepares-to-regulate-stablecoins-for-payments that the govt is preparing to regulate stablecoins for payment "Current rules governing electronic payments will be amended to bring stablecoins under the remit of regulators"  He said the approach will “ensure convertibility into fiat currency, at par and on-demand”

“It will naturally mean there will be an impact on tax rulings, bringing big changes to accounting as a whole, ... However, the devil’s in the detail, so the only thing we can do is hold on tight and see how the crypto journey goes.”

The news comes parallel to the Bank of England’s exploration of a potential retail central bank digital currency (CBDC) "

The only ones with a hint of a clue are the House of Lords, who said it was a “solution looking for a problem” that risks introducing state surveillance of people's spending choices

 

ho de ho

 

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Well I/we've suspected this but the market is rigged, be crypto or stonks.

Just llistening to a fund manager who works for likes of Soros and Buffet.

It's not how educated you are, it is about who you know.

The story goes that he was travelling around the world after graduating from uni. Then he met a Jewish guy who was about 26 and retiring...already.

Anyway, clearly he had no experience and started managing funds from 23/24, by the time he was 25 he made £42M.

He said he get given millions and if instructed to buy xyz stonk, everyone (the team) would buy it and charts doesn't matter.

So this is how you do it. No point in guessing looking at a chart. It's rigged.

He said he only works 2 months per year and the rest of 10 months he spends travelling doing things he likes.

 

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  • 3 weeks later...

As bas as things look, i think it's another buying opportunity. Look for that channel support on btc that i posted back in feb and see how we react there. I don't want to know what happens if we break below 33k. (lol 33, my gematria minded partner would be all over this).

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Well this is something to think about long term.

I've listen to an interview by someone who is involved with Quantum computer which can be rented via cloud on hourly basis.

He said that blockchain could be hacked by quantum computing but there are up and coming coins which uses the quantum computing which means that it would be impossible to be hacked. He didn't say which coin though..... So as the quantum computing become more mainstreams, blockchain will also change.

Major corporation would be using quantum computing within 5 years.

And in 2030s, there will be flying cars and quantum computing will play a part in traffic control. A company is already working on this system.

 

Ex Micro$haft CEO in Japan said cancer will be eliminated by 2040, due to tailor made medical care, and the technology in next 10 years will progress faster than the last 10 years. 😱 Of course, this is a lot to do with IoT. The amount of gadgets will be 200x of today within 20 years.

 

Just coming back to financial trading, particularly stonks, there are already security houses who are researching, developing to use quantum computing so it will be quantum trading in the near future.

 

Edited by DaleP
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  • 2 weeks later...

Looking pretty bearish folks. Into "extreme fear" territory on the fear & greed index https://alternative.me/crypto/fear-and-greed-index/?msclkid=6ae9af57cf8b11eca648a6cc246604fc, so typically a place to buy, but i wouldn't advise that without some sort of signal, which just isn't there. Needs a reaction now otherwise it could well slide to 20k. I mentioned bearish divergence on the monthly back in october in this thread. Are we seeing it play out?

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Crypto is crashing big, BTC back to 28k levels maybe or worse, $ keeps rising thanks to FED fuckery.. gold/silver dropping.🤨

Now probably time to buy & with fiat soon to be worthless, dont see you got much to lose.

 

Had anyone ever tried these, is happiness a cigar called Hamlet? LOL :  r/ukcigars

 

 

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10 hours ago, spideysensei said:

Looking pretty bearish folks. Into "extreme fear" territory on the fear & greed index https://alternative.me/crypto/fear-and-greed-index/?msclkid=6ae9af57cf8b11eca648a6cc246604fc, so typically a place to buy, but i wouldn't advise that without some sort of signal, which just isn't there. Needs a reaction now otherwise it could well slide to 20k. I mentioned bearish divergence on the monthly back in october in this thread. Are we seeing it play out?

 

So swing trade it is then....

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3 hours ago, spideysensei said:

 

Yeah, the good thing is it'll be kind of obvious where we form a base. Hopefully more or less where we're at.

 

Well if crypto winter started in October, now could be about the base....

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