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BITCOIN EXPLAINED (BC Explained ep1)
YouTube ^ | March 22, 2018 | Cameralla

Posted on 04/14/2021 5:22:01 PM PDT by DoodleBob

We all have a crypto-friend who sounds like this guy. Gold back in 698BC was no different.

(Excerpt) Read more at youtu.be ...


TOPICS: Chit/Chat; History; Humor
KEYWORDS: bitcoin; gold; humor; ponzischeme
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To: AnonymousConservative
'...and Trump were to get back in...'

Ridiculous - and even Trump isn't thinking about it.

Stop distracting people, and start thinking about 2022 - we have THREE branches of government.
21 posted on 04/14/2021 9:16:38 PM PDT by Jamestown1630 ("A Republic, if you can keep it.")
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To: Jamestown1630

I know for certain this : The election was rigged beyond imagination. Two, there is evidence of it. Three, in previous cases where the Supreme Court was presented with proof an election was compromised, they ordered a new election. And four, I know the rigging was done in part by foreign entities, and our President is a Chinese asset.

If that was all I knew, I would bet on a new election before I would bet evidence our election was rigged by a foreign spy would produce no action.

That said, I have seen the surveillance network. The one Scalia talked about following the entire Supreme Court before his demise, the one New York Governor David Patterson described walking into his office and trying to blackmail him using 30 years of illegal surveillance they had on him, the one that killed Michael Hastings, and so on. If you don’t know what that means, there is something out there you would never believe until you saw it.

Because I have seen that, I understand just how deeply a foreign power has taken over our country, and given that, you may be right and nothing will happen.

Given how extensive the fraud was, and the evidence amassed however, weighed against the degree to which a foreign intelligence network has taken over the country, I am 50:50 on something happening with respect to fixing the fraudulent election results.

We will see.


22 posted on 04/14/2021 9:47:16 PM PDT by AnonymousConservative (DO NOT send me sensitive information, I am under domestic surv coverage, and they will see it too.)
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To: Jamestown1630

“ I doubt that many who are grounded in Reality - instead of in dreams of becoming wealthy with no real effort or contribution - do, either.

I see articles about banks, insurance companies, corporations, Wall Street firms all shifting money to crypto.

It’s here to stay, particularly the blockchain that underlies crypto.


23 posted on 04/14/2021 10:17:18 PM PDT by aMorePerfectUnion (I'd rather be anecdotally alive than scientifically dead...)
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To: Jamestown1630; Uncle Lonny
How do you turn Bitcoin into cash? Where do you sell it?

How do you turn your other investments into cash. Go to your exchange or broker and place an order to sell. There are several reputable crypto exchanges that are committed to compliance with federal and state financial regulators. Coinbase and Gemini are probably the best known.

24 posted on 04/14/2021 10:18:22 PM PDT by Database
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To: Uncle Lonny

You can easily and pretty instantly sell Bitcoin on the same exchange you purchase it from.

I use Coinbase


25 posted on 04/14/2021 10:20:15 PM PDT by aMorePerfectUnion (I'd rather be anecdotally alive than scientifically dead...)
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To: DoodleBob

I am going to crypto now. My investments have all stunk.

Real Estate: My first property condemned by the county under ED laws
Rentals... Going on two years of rent and eviction moratoriums
Gold... dust collection
Silver. More dust.
Stocks, Bonds, Etc.: Corporations and munis have signed a suicide pact with the “woke” marxists so I am liquidating that before the marxists kill them.
What is left? My education and valuable skills. Crypto wins for storing value ( NOT an investmemt) like it or not. Even if it is a tulip coin it is a tulip that can be transported when the democrats burn everything else to the ground and send a BLM goon to steal the pot I piss in. Not long ago I thought physical items were the way to go. But seeing there in zero private property anymore you can’t safely store anything anymore.


26 posted on 04/14/2021 10:38:30 PM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes.)
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To: AnonymousConservative
In January when it looked like Biden was going to get in is when the crypto surge happened. So long as we stay on this path, people will be moving to crypto, as well as gold, property, and any other solid asset.

Regardless of politics, crypto is here to stay. In July, the Office of the Comptroller of the Currency allowed FDIC ensured banks to manage crypto assets. Not just crypto currency but blockchain technology is, IMO, about to revolutionize the banking industry which believe it or not, still uses main frames to process data. About 35% of retail banking data is processed by a company called FiServ. Having worked directly with this company at a small regional bank, they're behind the times. They were hacked about a month ago and their software runs on Internet Explore (the dinosaur of browsers). It's such a huge company that the right hand doesn't know what the left hand is doing. Regardless of FiServ's poor service, it's difficult for smaller banks to find a new service provider because there aren't any and migrating financial data isn't easy. However, I predict that blockchain technology will be making it much easier to do so within the next few years.
27 posted on 04/15/2021 4:41:20 AM PDT by neefer (Because you can't starve us out and you can't make us run.)
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To: Enlightened1

I was a daytrader for many years. Traded emini russell futures. Yeah, stressful. I traded with the same bunch of traders on mirc for over 10 years. I decided I was done, gonna retire, and close out all my accounts so I wouldn’t be tempted to trade again. One of the guys says....take a couple of hundred dollars and buy bitcoin...then walk away. I thought what the heck? He told me where to go to open and fund an account and I spent $100....then walked away. Bitcoin was $5 then. When it hit $14k I thought....hey I have some bitcoin and pulled up my account info. Sold a lot of it and paid off some bills, the house, etc. Reinvested some of it in ethereum, etc. Still have some bitcoin from $5. ;)


28 posted on 04/15/2021 4:53:12 AM PDT by sheana
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To: sheana

Awesome! I know Day Trading is really hard. I’ve read only like 5% of Day Traders are actually successful.

I have been dollar cost averaging for about 4 years. Accumulate, accumulate, accumulate. The weak hands get shaken out in the Bear markets and that is where the money is made. Buying the dips and then riding the Bull markets.


29 posted on 04/15/2021 5:08:26 AM PDT by Enlightened1 ( )
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To: Lurkina.n.Learnin
Sure wish I would have listened when bitcoins were a couple a bucks each

Your point is well made and indicates you grasp the concept of a Ponzi scheme ... only this one is being carried out with Monopoly money on a massive scale and with tenacious promotion.

But as long as the perception of value persists, this current flavor will continue ... but only until a different form of Monopoly money gains favor, and the players move to cash in early and the next generation of tokens becomes the "new" reality.

30 posted on 04/15/2021 5:16:14 AM PDT by glennaro ("Until it's safe" means "never" (Dennis Prager))
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To: Enlightened1

I had some really great guys teach me how to trade. Congrats on your bitcoin buys! I’m gonna hold mine and see where it goes. Don’t really need the money so......it’s the only thing I’ve ever been able to hold for more than an hour or 2. lol


31 posted on 04/15/2021 5:16:47 AM PDT by sheana
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To: Southnsoul

Go to Coinbase.com and become familiar with trading fees, tax ramifications for short term and long term capital gains before you start. It would be shame to turn a thousand dollars into 20,000 USD and find out you owe the IRS 17,000.

Pick a coin, buy it, and hold it for one year or longer.


32 posted on 04/15/2021 5:29:24 AM PDT by Jumper
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To: AnonymousConservative

I don’t see that happening. I think the Republicans are too weak. They cave every time when push comes to shove with the exception of a few guys like Trump, the Florida and South Dakota Governors are great and a handful of congress members. Unfortunately, the rest of the bunch are more worried about the media liking them than the people who elected them.

I cannot express how disappointed I am with what happened in the 2020 election. We saw failure at every level. Checks and balances are gone at the National Level.

I have ZERO DOUBT Trump won, and the election was clearly stolen. I still see more Trump signs up than any Biden signs (maybe 5 total in the last 2 years?) compared to thousands of Trump signs. It’s not even in the same universe. The weakling and jealous of Trump Republicans Betas let it be stolen.

We witnessed failures after failure at ever level. Failure with the courts to decide the tough cases, failure to follow the Constitution, laws were broken in many States, Legislators failed us, Governors failed us and the vote is now joke. It just makes me sick to my stomach.

The problem with the Republican party is they play by the rules while the Democrats do not. The Republicans usually beat the Democrats, but let the Democrats steal elections.
Worst of all the country for the most part seem okay with it.

The good news is still win in the end. Although we now have to go the long hard route instead of having Trump fix it in 4 years. It will probably take 20 years in stead of 8 years.

I have been doing a lot of reflecting post election, and realizing the world has always been and will always be full of good and bad things. It will never be perfect. So what’s important is to live well. That’s the best revenge. Things will work out in the end.

If you look at how people live in decades or centuries, then you can see it gets better and better. Yes there is certainly bad too, but it could be worse when you compare it to the past. The important think is not to let the rats ruin your life. Enjoy it the best you can while we are here.


33 posted on 04/15/2021 5:33:06 AM PDT by Enlightened1 ( )
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To: glennaro

I use to view it like you, but I have been studying it for a while now.

A Ponzi scheme it is not. The value is in the protocol. What it can do compared to fiat money.

Most people that bash do not understand it.


34 posted on 04/15/2021 5:39:07 AM PDT by Enlightened1 ( )
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To: sheana

Haha! There you go!


35 posted on 04/15/2021 6:09:46 AM PDT by Enlightened1 ( )
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To: DoodleBob

bump


36 posted on 04/15/2021 6:49:52 AM PDT by Albion Wilde ("One steps out with actresses, one doesn't marry them."—Philip, Duke of Edinburgh)
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To: Enlightened1

I clearly don’t understand it ... so I will do some more study. Many thanks for responding. Cheers!


37 posted on 04/15/2021 7:50:02 AM PDT by glennaro ("Until it's safe" means "never" (Dennis Prager))
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To: Enlightened1

It is definitely much worse, and maybe much better than you think.

First, abandon this idea Republicans are weak. In fact, ignore ideology. It has zero impact on what you are seeing. I used to think like you, but got a glimpse behind the curtain.

America is run by a secret CIA-like organization set up by elites (many overseas, whose families have held this power for decades, if not centuries), and that organization tells Republicans and Democrats what to do.

Once you see it, you realize how silly it was to think such powerful organizations could exist, but none would just take the full control they are designed to take. I now think it was silly to ever think we voted.

You have never seen who really has the power in this country. I doubt you have actually voted for a Representative, Senator, or President in the last two decades. Check Mike Lindell’s latest video. In five states examined, every county’s election data is perfectly predictable, based upon taking the 2010 Census data, and applying a six factor polynomial equation key to it to generate registered voters and actual votes. Each graph looks like it was cut from the same cookie cutter, as if there was never any chance variation in turnout between age groups. Zero chance that happens naturally. It had to have been computer generated. It means nobody voted in any county in the five states examined, and probably all states nationally. Or rather people voted, their data was disposed of and a computer generated result for each county was substituted for it.

I now realize I actually saw them in 1996, in a phone company truck, plugged into the phone line next to my polling place, with a big coil of black wires going up to the phone line. My voting machines transmitted results to the central tabulation center over phone modem. They were intercepting the results as if they were the tabulation center and telling my polling place they arrived, and sending out other results as if they were the polling place, which the tabulation center was accepting as genuine.

Of course, today they actually follow me around in cars and stores, watching me, and occasionally trying to intimidate me, for political activism. So I have seen the size of this thing’s ground operation, and its capabilities firsthand. You cannot imagine it, because if I had not seen it I would never have believed it.

So America was penetrated by a massive intel operation, which runs it the way we would think CIA would run a puppet government in South America, complete with blackmailed politicians and a civilian informant network watching people on the ground.

The good news is, From what I have seen, I think Trump represents a competing pro-America clique, and I suspect their plan was to lose the landslide election victory to fraud, so when the fraud is revealed (as it has been, and it will be even more soon) we will realize how far we need to go, and we will back this competing clique going that far. I have no idea when that is, but I am fairly sure it is at least the plan. I can’t say if they will win, as they are fighting a very powerful force.

But you are right, living well is the best people can do, if they can. The truth is, we are ants in the elephant enclosure.


38 posted on 04/15/2021 10:45:29 AM PDT by AnonymousConservative (DO NOT send me sensitive information, I am under domestic surv coverage, and they will see it too.)
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To: aMorePerfectUnion; Database

We did our taxes recently. For the first time, we noticed a question about whether or not we had bought, sold, etc., any ‘crypto currency’.

How are those of you invested in and promoting Bitcoin answering that question?


39 posted on 04/15/2021 5:15:00 PM PDT by Jamestown1630 ("A Republic, if you can keep it.")
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To: Jamestown1630

Yes


40 posted on 04/15/2021 5:19:06 PM PDT by Database
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