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Feb 12th, 2024
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 Re: Crypto Currencies Anyone?
[Re: DannyB]
#8733058
11/13/22 01:51 AM
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Joined: Jan 2008
Posts: 1,089
batman
Pro Tracker
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Pro Tracker
Joined: Jan 2008
Posts: 1,089 |
There are always big winners in any Ponzi scheme, early outters. But, I don’t understand crypto, so idk.
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Re: Crypto Currencies Anyone?
[Re: DannyB]
#8733129
11/13/22 03:49 AM
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Joined: Jun 2015
Posts: 5,175
scottfromdallas
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2015
Posts: 5,175 |
It was a Psyop to keep people out of physical precious metals. They use images of gold and silver coins with the crypto emblem on them for a reason.
They called Bitcoin digital gold and it has to be “mined”. It worked at keeping people out of physical metals as an alternative to the paper dollar backed by a government that is $31 Trillion in debt.
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Re: Crypto Currencies Anyone?
[Re: DannyB]
#8733199
11/13/22 11:41 AM
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Joined: Dec 2017
Posts: 2,823
RattlesnakeDan
Veteran Tracker
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Veteran Tracker
Joined: Dec 2017
Posts: 2,823 |
Just like Jesus, sometimes you gotta kill some hogs.
Lone Star Mesquite . com
RattleSnake Dan's Shredding Service
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Re: Crypto Currencies Anyone?
[Re: DannyB]
#8733246
11/13/22 01:57 PM
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Joined: Mar 2013
Posts: 5,039
jetdad
THF Trophy Hunter
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THF Trophy Hunter
Joined: Mar 2013
Posts: 5,039 |
But Mark Cuban says........
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Re: Crypto Currencies Anyone?
[Re: DannyB]
#8733278
11/13/22 02:42 PM
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Joined: Jul 2019
Posts: 14,214
Hudbone
THF Celebrity
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THF Celebrity
Joined: Jul 2019
Posts: 14,214 |
The emperor has no clothes.
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Re: Crypto Currencies Anyone?
[Re: scottfromdallas]
#8733285
11/13/22 02:52 PM
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Joined: Sep 2013
Posts: 485
Uncle Zeek
Bird Dog
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Bird Dog
Joined: Sep 2013
Posts: 485 |
It was a Psyop to keep people out of physical precious metals. They use images of gold and silver coins with the crypto emblem on them for a reason.
They called Bitcoin digital gold and it has to be “mined”. It worked at keeping people out of physical metals as an alternative to the paper dollar backed by a government that is $31 Trillion in debt. Huh. I never thought of anything like that. Ironically, I just had a client in my office recently who was asking me why gold & silver prices aren't shooting up with inflation (the estate has a fair chunk of money tied up in physical silver).
"Decency is not news; it is buried in the obituaries - but it is a force stronger than crime" ~ Robert A. Heinlein
Artim Law Firm, PLLC
Estate, probate & taxes
2250 Morriss Road, Suite 205, Flower Mound, Texas 75028
972-746-0758 work
zac@artimlegal.com
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Re: Crypto Currencies Anyone?
[Re: Uncle Zeek]
#8733313
11/13/22 03:51 PM
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Joined: Jun 2015
Posts: 5,175
scottfromdallas
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2015
Posts: 5,175 |
It was a Psyop to keep people out of physical precious metals. They use images of gold and silver coins with the crypto emblem on them for a reason.
They called Bitcoin digital gold and it has to be “mined”. It worked at keeping people out of physical metals as an alternative to the paper dollar backed by a government that is $31 Trillion in debt. Huh. I never thought of anything like that. Ironically, I just had a client in my office recently who was asking me why gold & silver prices aren't shooting up with inflation (the estate has a fair chunk of money tied up in physical silver). Precious metals skyrocket when people lose faith in governments and start buying physical. Now that crypto has been exposed, maybe people will start allocating a portion of their savings to physical. Gold has quietly been a very good investment the last 20 years. It’s even held up much better than stocks this past year. ![[Linked Image]](https://texashuntingforum.com/forum/pics/userpics/2022/11/full-56970-369840-88d49028_34bd_46a6_af51_d23d41f11bac.jpeg)
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Re: Crypto Currencies Anyone?
[Re: DannyB]
#8733394
11/13/22 06:56 PM
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Joined: Dec 2017
Posts: 2,823
RattlesnakeDan
Veteran Tracker
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Veteran Tracker
Joined: Dec 2017
Posts: 2,823 |
This is an example of the manipulation of crypto not my words. Crypto.com sent 320,000 of users' ETH to gate.io in late October, so that Gate.io could show "proof of funds" for its audit. Then two days later, gate.io sent the 320,000 ETH back to Crypto. These are USER funds that Crypto claims it keeps in "cold storage." It looks like Crypto.com and Gate.io are sharing the same user deposits to FAKE their own "proof" of deposits. This is turning into a total CLOWN SHOW of deception and risk. https://www.youtube.com/watch?v=wOJufzFBPfM
Just like Jesus, sometimes you gotta kill some hogs.
Lone Star Mesquite . com
RattleSnake Dan's Shredding Service
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Re: Crypto Currencies Anyone?
[Re: DannyB]
#8733589
11/14/22 03:11 AM
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Joined: Jun 2011
Posts: 33,979
Buzzsaw
THF Celebrity
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THF Celebrity
Joined: Jun 2011
Posts: 33,979 |
SPACE FOR RENT
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Re: Crypto Currencies Anyone?
[Re: DannyB]
#8733712
11/14/22 12:48 PM
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Joined: Jun 2006
Posts: 8,336
Dave Davidson
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2006
Posts: 8,336 |
I prefer to deal with and invest in companies that have some physical assets. All the rest is Vaporware.
But, our American dollar is “ backed” by the full faith and credit of the US Government. How’s that working out?
Without a sense of urgency, nothing ever happens.
Boy, if I say "sic em", you'd better look for something to bite. Sam Shelley, Rancher Muleshoe Texas 1892-1985 RIP
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Re: Crypto Currencies Anyone?
[Re: Dave Davidson]
#8733731
11/14/22 01:15 PM
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Joined: Sep 2013
Posts: 485
Uncle Zeek
Bird Dog
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Bird Dog
Joined: Sep 2013
Posts: 485 |
I prefer to deal with and invest in companies that have some physical assets. All the rest is Vaporware.
But, our American dollar is “ backed” by the full faith and credit of the US Government. How’s that working out? Well, from the time the Fed was invented in 1913 to now . . . a dollar today only has about 3.3% of the purchasing power of a dollar from 1913. And with current levels of inflation that's gonna drop quickly.
"Decency is not news; it is buried in the obituaries - but it is a force stronger than crime" ~ Robert A. Heinlein
Artim Law Firm, PLLC
Estate, probate & taxes
2250 Morriss Road, Suite 205, Flower Mound, Texas 75028
972-746-0758 work
zac@artimlegal.com
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Re: Crypto Currencies Anyone?
[Re: Uncle Zeek]
#8733763
11/14/22 01:41 PM
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Joined: Jun 2015
Posts: 5,175
scottfromdallas
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2015
Posts: 5,175 |
I prefer to deal with and invest in companies that have some physical assets. All the rest is Vaporware.
But, our American dollar is “ backed” by the full faith and credit of the US Government. How’s that working out? Well, from the time the Fed was invented in 1913 to now . . . a dollar today only has about 3.3% of the purchasing power of a dollar from 1913. And with current levels of inflation that's gonna drop quickly. At least people are waking up to how destructive the Federal Reserve system has been to our country.
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Re: Crypto Currencies Anyone?
[Re: scottfromdallas]
#8733764
11/14/22 01:44 PM
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Joined: Dec 2017
Posts: 2,823
RattlesnakeDan
Veteran Tracker
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Veteran Tracker
Joined: Dec 2017
Posts: 2,823 |
I prefer to deal with and invest in companies that have some physical assets. All the rest is Vaporware.
But, our American dollar is “ backed” by the full faith and credit of the US Government. How’s that working out? Well, from the time the Fed was invented in 1913 to now . . . a dollar today only has about 3.3% of the purchasing power of a dollar from 1913. And with current levels of inflation that's gonna drop quickly. At least people are waking up to how destructive the Federal Reserve system has been to our country. And the fact that the "Federal Reserve" is NOT Federal nor do they have any reserves.
Just like Jesus, sometimes you gotta kill some hogs.
Lone Star Mesquite . com
RattleSnake Dan's Shredding Service
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