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To: discostu
they have the resources to DICTATE critical mass. Again YOU ADMITTED IT.

Not critical mining mass, that's the kids with graphics cards. Critical demand, sure. At that point the kids exit. Do banks have rows of graphics cards and read reddit threads? LOL.

Here’s how it works for those not wanting to be deluded dupes: banks have enough money to prop up or tank any market. CC is just another market.

You're ignoring the 1500 CCs that you helpfully listed. The banks didn't make that list, the kids did. Banks can then manipulate any individual CC's that they wish to, up or down, although up is easier and has to come first. When did I ever say banks fear CC? Look through my comments, you will see I did not. Did I say they can't profit? No, I said they won't profit more than the kids will. They will trade and profit more than average persons in trading, except for the experts.

Let me ask you this. Are banks experts in natural gas? Predicting 2-4 week weather to predict the gas price fluctuations? Not really unless they hire experts. The firms that do gas market analysis are better. Why would you think CC is any different? Your answer: it's just money and banks are good at money. My reply: it's a new commodity.

59 posted on 02/04/2018 3:04:11 PM PST by palmer (...if we do not have strong families and strong values, then we will be weak and we will not survive)
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To: palmer

Oh they can dictate critical mining mass quite easily. I’ve been in the regional server room of a major bank, if they decided it’s time for a particular CC to hit critical mass it will.

Actually I’m leveraging that list. The banks made some of that list. This idea that it’s all kids is frankly hokum. Kodak is in. Big tobacco is in. Some of the vape companies have pivoted. Digital Power created a mining division. The kids have been outbid, they aren’t running the game anymore.

CC isn’t natural gas. The second C is currency. Banks have been profiting on the buying and selling of currency for hundred of years. It’s not a new commodity, your answer is wrong. Of course even if it was, banks play in the commodities markets too. They buy and sell EVERYTHING we buy and sell. Because, when push comes to shove, banks are in the money business. They have a bunch of money, and they use it to make more. And there just aren’t enough loans out there to churn all that money, they churn is it by buying things. Money, stocks, commodities, real estate, bonds. Put CC in whichever of those categories you want, banks already buy and sell it.


60 posted on 02/04/2018 3:12:36 PM PST by discostu (Lick here [ ] you might be one of the lucky 25.)
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