theluckycountry wrote:They'll call it Black Monday, Monday the 13th is it keeps collapsing
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careinke wrote:I've got limit buy orders in for BTC at $20,000 and $18,000.
BTC is an asset like property according to the IRS, The dollar is debt according to the Federal Reserve. I'd rather own assets than debt.
Peace
PeakOilFanatic wrote:careinke wrote:I've got limit buy orders in for BTC at $20,000 and $18,000.
BTC is an asset like property according to the IRS, The dollar is debt according to the Federal Reserve. I'd rather own assets than debt.
Peace
https://www.youtube.com/watch?v=lQfSAGTAUF8
PeakOilFanatic wrote:
https://www.youtube.com/watch?v=lQfSAGTAUF8
vtsnowedin wrote:The dollar is debt!??
Well perhaps if it is on the debit side of your spreadsheet.
theluckycountry wrote:vtsnowedin wrote:The dollar is debt!??
Well perhaps if it is on the debit side of your spreadsheet.
The majority of bitcoins are bought on debt too I believe, either off a CC or by leverage contracts. Once wall street got into the game it was a total pump and dump just like the paper silver market. So much for Peoples Money.
vtsnowedin wrote:
I can't imagine being stupid enough to buy a highly speculative instrument on credit.
In fact I wonder why it is even legal to do so given the disastrous history of the practice.
theluckycountry wrote:vtsnowedin wrote:
I can't imagine being stupid enough to buy a highly speculative instrument on credit.
In fact I wonder why it is even legal to do so given the disastrous history of the practice.
How to Buy Cryptocurrency with Credit Card
https://coinjournal.net/cryptocurrencie ... edit-card/
Buy Cryptocurrencies with Credit Card
https://www.bitrue.com/creditcard/
7 Best Crypto Margin Trading Exchanges
https://coinsutra.com/margin-trading-crypto-exchanges/
The Basics of Margin Trading With Cryptocurrency
https://cryptocurrencyfacts.com/basics- ... ocurrency/
vtsnowedin wrote:The dollar is debt!??
Well perhaps if it is on the debit side of your spreadsheet.
But if it is on the positive side then you can use dollars to buy assets from land to gold, gasoline, food ,sex and drugs and rock and roll.
I think that makes it one of the best assets there is.
Crypto currencies on the other hand ? Not so much!
careinke wrote:vtsnowedin wrote:The dollar is debt!??
Well perhaps if it is on the debit side of your spreadsheet.
But if it is on the positive side then you can use dollars to buy assets from land to gold, gasoline, food ,sex and drugs and rock and roll.
I think that makes it one of the best assets there is.
Crypto currencies on the other hand ? Not so much!
For your educational needs.
https://www.suomenpankki.fi/en/learn-economy/learn-economy/what-is-money/
Peace
vtsnowedin wrote:And a bank does not just create money out of thin air to lend it to a borrower.
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