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View cryrst's Profile cryrst Flag The garden of England 28 Jun 19 5.15pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by davenotamonkey

"The underlying fundamentals are not solid or logical"

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10% of global GDP by 2027.

10% which wont affect us in the slightest.
It's not a small amount granted but it's only what our suppliers of goods and services will buy and sell with.
Then get pound notes for it when we deal with them.
Not what we can pay our phone bill with.

 

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View SW19 CPFC's Profile SW19 CPFC Flag Addiscombe West 28 Jun 19 5.16pm Send a Private Message to SW19 CPFC Add SW19 CPFC as a friend

Originally posted by .TUX.

I don't need to 'profit' from anyone here, there or anywhere.
If Litecoin (for example) were to completely tank then all anyone would have lost are funds that they were prepared to lose on an investment with funds that they were fully prepared to lose. I've not once advocated throwing the kitchen sink into this space.
All i've ever tried to do is show people that there are alternatives to improving their financial situation. That's all. End of.

All you ever state regarding crypto-currencies is 'ponzi this' and 'ponzi that' without ever mentioning the current economic stance forced upon us all ie THE LARGEST PONZI SCHEME IN THE HISTORY OF THE BLOODY WORLD THAT CONTINUALLY ROBS EACH AND EVERY ONE OF US DAILY!
Until you include the above into every 'ponzi' quote you type then you can't ever be taken seriously.

So f***-off.....bud



Ha! Finally. The aura of hippy serenity has shattered.

Firstly, I’m about as ignorant on this topic as you are sagely. It's also slightly ironic that you of all people talk about being taken seriously.

Secondly, I simply don’t believe that your intentions are 100% noble. It’s fine, you can admit it. You stand to profit the more people you can get to invest in Litecoin. It may not be a sole reason for your one man against the world and I'm the only one that sees it campaign but it’s a clear fact. You might not need to, but you are. Need is irrelevant.

Re. kitchen sink and 'all i've ever', 'no one has lost out in this space' this is nonsense. Plenty of people lost big buying in to Bitcoin, and god knows what else at its peak.

You are never anything other than cast iron effusive about it all. This brings us to the main issue which is you never caveat anything like you claim to above. It’s always ‘buy buy buy’, ‘only upsides’. It’s your opinion, which is fine, but please don’t paint it as fact. It’s disingenuous and to more impressionable individuals potentially ruinous.

Pyramid actually, not Ponzi in this instance. You’re right, it’s by no means a direct comparison (obviously) but there are a lot of key similarities. The main one being related to castles and sand.

If crypto was to become the de facto currency system (it almost certainly won’t in the form you are thinking it will) then that, similarly, will be forced on ‘us’. And it will be forced because the only way it will become mainstream and viable is for it to be controlled by those in power. You’re a deluded romanticist if you think otherwise. Which is absolutely fine. But that is your opinion. Note, opinion.

Power and money. As it ever was and ever will be. I simply don’t need to type the same tiresome ’It’s the authorities sheeple!’ dross into every post to be relevant as you suggest as it is a) obvious to anyone with half a brain that this is how the world works and b) an inane truism. IT IS NOT A REVELATORY PREACHING.

Whichever monetary system comes out on top will just get absorbed and adapted into the power structure of the day just like everything else. Remember the internet? Again, on balance, you are deluded if you think otherwise.

All this is not to say don’t gamble on crypto. There is serious money to be made, even more so if you got in at the start. But these days only if you have balls of steel to know when to go in and out (no pun intended).

To suggest you, or anyone else for that matter has any more than guess levels of certainty about which (if any) coin will come out on top is the very highest form of nonsense. There are simply not strong enough factual arguments to support your assertions. There are plenty of opinions, but not facts. Because there are very little to go by right now in this rather moody area.

So don’t paint yourself as some form of irrefutable expert, eh? A little bit of contrition, objectivity and ‘could’ ‘might’ and should’ would not go amiss for those less savvy.

Otherwise you are simply being a complete charlatan.


Edited by SW19 CPFC (28 Jun 2019 5.22pm)

 


Did you know? 98.0000001% of people are morons.

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View SW19 CPFC's Profile SW19 CPFC Flag Addiscombe West 28 Jun 19 5.20pm Send a Private Message to SW19 CPFC Add SW19 CPFC as a friend

Originally posted by cryrst

I do question why.
Maybe we are the matrix who knows?
The top being the start of the waterfall of money.
Water doesnt run uphill.
The same as finance.
It has to feed down.
I get that some pools at the top and never drops down but it is small in comparison to the amount that does.

More or less agreed. This is the unavoidable reality of the situation. No matter what the mechanism, this reality always applies. Has done for millennia. When you lose all reason and objectivity and turn to dogma you really are pulling the wool back over your own eyes.

 


Did you know? 98.0000001% of people are morons.

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View cryrst's Profile cryrst Flag The garden of England 28 Jun 19 5.27pm Send a Private Message to cryrst Add cryrst as a friend

Originally posted by SW19 CPFC

Ha! Finally. The aura of hippy serenity has shattered.

Firstly, I’m about as ignorant on this topic as you are sagely. It's also slightly ironic that you of all people talk about being taken seriously.

Secondly, I simply don’t believe that your intentions are 100% noble. It’s fine, you can admit it. You stand to profit the more people you can get to invest in Litecoin. It may not be a sole reason for your one man against the world and I'm the only one that sees it campaign but it’s a clear fact. You might not need to, but you are. Need is irrelevant.

Re. kitchen sink and 'all i've ever', this is nonsense. You are never anything other than cast iron effusive about it all. This brings us to the main issue which is you never caveat anything like you claim to above. It’s always ‘buy buy buy’, ‘only upsides’. It’s your opinion, which is fine, but please don’t paint it as fact. It’s disingenuous and to more impressionable individuals potentially ruinous.

Pyramid actually, not Ponzi in this instance. You’re right, it’s by no means a direct comparison (obviously) but there are a lot of key similarities. The main one being related to castles and sand.

If crypto was to become the de facto currency system (it almost certainly won’t in the form you are thinking it will) then that, similarly, will be forced on ‘us’. And it will be forced because the only way it will become mainstream and viable is for it to be controlled by those in power. You’re a deluded romanticist if you think otherwise. Which is absolutely fine. But that is your opinion. Note, opinion.

Power and money. As it ever was and ever will be. I simply don’t need to type the same tiresome ’It’s the authorities sheeple!’ dross into every post to be relevant as you suggest as it is a) obvious to anyone with half a brain that this is how the world works and b) an inane truism. IT IS NOT A REVELATORY PREACHING.

Whichever monetary system comes out on top will just get absorbed and adapted into the power structure of the day just like everything else. Remember the internet? Again, on balance, you are deluded if you think otherwise.

All this is not to say don’t gamble on crypto. There is serious money to be made, even more so if you got in at the start. But these days only if you have balls of steel to know when to go in and out (no pun intended).

To suggest you, or anyone else for that matter has any more than guess levels of certainty about which (if any) coin will come out on top is the very highest form of nonsense. There are simply not strong enough factual arguments to support your assertions. There are plenty of opinions, but not facts. Because there are very little to go by right now in this rather moody area.

So don’t paint yourself as some form of irrefutable expert, eh? A little bit of contrition, objectivity and ‘could’ ‘might’ and should’ would not go amiss for those less savvy.

Otherwise you are simply being a complete charlatan.

I will say fair play to you sw for not whinging and moaning about tuxes response.
I will also credit tux because he has given credence to why he feels it is a great opportunity.
I did ask questions which he answered without bias in a sensible non bullying way.
Tom for staying neutral and others for enlightening us on their fortune gain in the market.
I enjoy this thread but I reckon if you two went for a beer it would end in hugs.
My feelings on it are clearly I like paper but I'm not eloquent or knowledgable enough to be technical.
C'mon palace which is our link.

 

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.TUX. Flag 30 Jun 19 10.35pm

Originally posted by SW19 CPFC

Ha! Finally. The aura of hippy serenity has shattered.

Not at all, hence the smilie.

Firstly, I’m about as ignorant on this topic as you are sagely. It's also slightly ironic that you of all people talk about being taken seriously.

No, you're just ignorant.

Secondly, I simply don’t believe that your intentions are 100% noble. It’s fine, you can admit it. You stand to profit the more people you can get to invest in Litecoin.

Yeah, that's why i choose a pretty much obscure internet site to 'strut my stuff'? Or was it because i want to help those i consider friends? Hmmmm.........

It may not be a sole reason for your one man against the world and I'm the only one that sees it campaign but it’s a clear fact. You might not need to, but you are. Need is irrelevant.

You need to stop typing.

Plenty of people lost big buying in to Bitcoin, and god knows what else at its peak.Re. kitchen sink and 'all i've ever', 'no one has lost out in this space' this is nonsense.

Only if they sold.
I've always said hold.

You are never anything other than cast iron effusive about it all. This brings us to the main issue which is you never caveat anything like you claim to above. It’s always ‘buy buy buy’, ‘only upsides’. It’s your opinion, which is fine, but please don’t paint it as fact. It’s disingenuous and to more impressionable individuals potentially ruinous.

See above.

Pyramid actually, not Ponzi in this instance. You’re right, it’s by no means a direct comparison (obviously) but there are a lot of key similarities. The main one being related to castles and sand.

Neither ''Pyramid (funnily enough i'm just back from Egypt)'' nor ''Ponzi''.....according to institutional investors.

If crypto was to become the de facto currency system (it almost certainly won’t in the form you are thinking it will) then that, similarly, will be forced on ‘us’. And it will be forced because the only way it will become mainstream and viable is for it to be controlled by those in power. You’re a deluded romanticist if you think otherwise. Which is absolutely fine. But that is your opinion. Note, opinion.

Note, you thought it worthy to mention the Facebook token Libra. Strangely you never mentioned the huge downsides to this surveillance companies 'effort'?

Power and money. As it ever was and ever will be. I simply don’t need to type the same tiresome ’It’s the authorities sheeple!’ dross into every post to be relevant as you suggest as it is a) obvious to anyone with half a brain that this is how the world works and b) an inane truism. IT IS NOT A REVELATORY PREACHING.

Uh?

Whichever monetary system comes out on top will just get absorbed and adapted into the power structure of the day just like everything else. Remember the internet? Again, on balance, you are deluded if you think otherwise.

Ok. I'm deluded.

All this is not to say don’t gamble on crypto. There is serious money to be made, even more so if you got in at the start. But these days only if you have balls of steel to know when to go in and out (no pun intended).

Back-tracking bender.

To suggest you, or anyone else for that matter has any more than guess levels of certainty about which (if any) coin will come out on top is the very highest form of nonsense. There are simply not strong enough factual arguments to support your assertions. There are plenty of opinions, but not facts. Because there are very little to go by right now in this rather moody area.

There are plenty of ''factual arguments''. All you need to do is look, with an open mind.

So don’t paint yourself as some form of irrefutable expert, eh? A little bit of contrition, objectivity and ‘could’ ‘might’ and should’ would not go amiss for those less savvy.

I'm far from an expert and if i've ever ''painted myself that way'' then it's only you that has happened to take this stance. For some reason?

Otherwise you are simply being a complete charlatan.

The world is changing.
I'm here to open eyes.
You're just arrogant.


Edited by SW19 CPFC (28 Jun 2019 5.22pm)

 


Buy Litecoin.

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deleted user Flag 30 Jun 19 11.44pm

I wonder what impact Facebook getting involved in this area will have

 

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.TUX. Flag 01 Jul 19 12.09am

Originally posted by dollardays

I wonder what impact Facebook getting involved in this area will have

Many numpties will buy into it, sadly.
It's all about surveillance ie selling even more of your data than they do already.
ATM they know where you are at any given time but this 'crypto' (it's faux) will give them so much more info about you. What you buy, what you eat, where you go along with your general habits etc etc.
Medicare/Insurance (just 2 examples) will pay top-dollar for this information.......and screw the individual accordingly.

Be aware.


 


Buy Litecoin.

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View cryrst's Profile cryrst Flag The garden of England 01 Jul 19 9.41am Send a Private Message to cryrst Add cryrst as a friend

Originally posted by .TUX.

Many numpties will buy into it, sadly.
It's all about surveillance ie selling even more of your data than they do already.
ATM they know where you are at any given time but this 'crypto' (it's faux) will give them so much more info about you. What you buy, what you eat, where you go along with your general habits etc etc.
Medicare/Insurance (just 2 examples) will pay top-dollar for this information.......and screw the individual accordingly.

Be aware.


That must happen already though.
If you do more than just buy then sell for a profit; say actually spend with crypto you are on the radar.

 

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.TUX. Flag 05 Jul 19 8.30am

Originally posted by cryrst

That must happen already though.
If you do more than just buy then sell for a profit; say actually spend with crypto you are on the radar.

The very same radar that can close someones social-media account for posting anything deemed contentious can easily do the same with their crypto account.

Not a good situation to be in.

 


Buy Litecoin.

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View cryrst's Profile cryrst Flag The garden of England 05 Jul 19 11.07am Send a Private Message to cryrst Add cryrst as a friend

Originally posted by .TUX.

The very same radar that can close someones social-media account for posting anything deemed contentious can easily do the same with their crypto account.

Not a good situation to be in.

Persactly
It doesnt make George Orwell wrong.

 

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deleted user Flag 07 Jul 19 11.54pm

Originally posted by .TUX.

Many numpties will buy into it, sadly.
It's all about surveillance ie selling even more of your data than they do already.
ATM they know where you are at any given time but this 'crypto' (it's faux) will give them so much more info about you. What you buy, what you eat, where you go along with your general habits etc etc.
Medicare/Insurance (just 2 examples) will pay top-dollar for this information.......and screw the individual accordingly.

Be aware.


Good point. Their business is data. The customer and their data are the product and that's the antithesis of the purpose of cryptocurrency.

The only vaguely possible plus I can see is if it gets more people on the crypto ladder by creating awareness. Then if they read into it and see that there are much better options than FBs offering, it might lead to increased uptake of bitcoin and litecoin from those who would typically not be interested.

 

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.TUX. Flag 08 Jul 19 8.39pm

Originally posted by dollardays

Good point. Their business is data. The customer and their data are the product and that's the antithesis of the purpose of cryptocurrency.

The only vaguely possible plus I can see is if it gets more people on the crypto ladder by creating awareness.
The world is going 'digital' whether we like it or not.
Then if they read into it and see that there are much better options than FBs offering, it might lead to increased uptake of bitcoin and litecoin from those who would typically not be interested.
I haven't paid too much attention to it as i think it's gash. ''FB's offering'' is printed at will and any 'profits' go to the top-table.......so absolutely no change to the current system.
But yeah, hopefully as more people become aware of this space they'll see the benefits of decentralisation. But i'm not holding my breath tbh.

 


Buy Litecoin.

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