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And this right here is the golden nugget. Buffet is of course very happy with the old way of doing things. The old way certainly doesn't serve the most people nearly as well as the ones on the very top. Its not surprising that a person who has everything doesn't want anything to change. If...

Very true. Sound money will fix so many problems, from income inequality to homeless to war, and the list goes on. I came across this excellent quote just the other day (tweet #2). If more people realized what inflation was, essentially the theft of the stored value of your labor, they would...

Doge is the same as Bitcoin??? Lol... I think you're joking now, right??

I actually read the whole thread. Wondered why he is pumping doge so much, and then I saw his bio. Is it a joke or is he really a developer there? Sounds like he is shilling while explaining to watch out for shillers.

Nice looking equity curve. Under the quantity heading is that a position that scales in? For example, do you always start with one and then if that number gets to 6 does that mean you scaled in multiple times?

You have a point. In some ways, NFTs can be thought of as penny stocks that are looking for a pump before the dump. But as others are saying, high value collectibles would be a gray area, and I think we all agree that the art world with regards to paintings and other artifacts can be just as...

As much as I'm not a fan of NFTs, you could just stay clear of the Crypo Assets forum. I imagine you will have a longer life this way.

So he is sharing entries in real time and then even follows up with a chart? I notice the 4300 entry happened overnight. Is he in a different time zone or just watched the markets non stop?

Agreed. This will be a true test of his limits of free speech. If he tries to use some excuse such as safety or privacy to silence this account, then it will clearly show that he is no different than the original Twitter moderators. He just has a different set of rules for what is right and wrong.

How did we move from horse to car? Over many years. Same with fiat vs. BTC. It will for sure get ugly at some point, but having the life raft in the water as your ship is sinking will at least allow anyone to jump off and swim to it. The obvious thing is that debt cannot keep growing faster...

Lol... I love it. This thread is advertised as free mentorship, and you can even directly answers questions.

Honestly, this is now sounding too one sided in his favor. I saw a post here quite a while ago about a guy looking to share strategies and the rules were that he would give up one profitable one of his in exchange for someone else also giving up a profitable one. This way both are gaining and...

Who did and where did you see this info? I must be missing something, or is this your private guy you follow?

Luckily now we have Bitcoin to move to when the monetary system collapses.

Well, this is very true. You do after all say collaboration. And I very much remember reading the Jim Simmons book, and there, each team member had access to what everyone else was doing since Jim structured the team in such a way that there would be no secrets. I just really feel for you. I...

Wouldn't this chart just suggest a return to the bottom of the blue channel, so around 4440? I think the OP is asking how to foretell the two huge down days, which do stand out quite a bit even on your chart. No other pattern on this chart matches this move. Each wave of selling was met with...

I would have preferred the system to crash back then. We never would have had the excessive money printing that we got from QE and now covid which has made it all much worse. I read how the seeds of the destruction that awaits us were planted from the decisions of the FED at the time with how...

This seems to be a very generous offer. I would of course get a lawyer in on it to make sure I can't be prosecuted later, but 10% of the 76 million that will be clean would sound pretty good to me. I keep reading over and over again how difficult it is to launder huge sums of stolen crypto...

Oh, you mean like the LME where they not only halted nickel trading but reversed an entire day's worth of trades in order to save the rich Chinese owners and banks? It sucks to lose money on a coding error, but it sucks even more when someone is outright screwing you and has the power to do so...

But what if people figure out that running into USD is just throwing money away at 10% per year? Maybe more will start running into BTC and the rest will be history. I of course agree that gold can also do well, but paper gold might not seem as attractive this time, and all that paper gold can...