[Optional]

I am telling you history is cyclical and the same things which have occur almost every single century since the inception of the United States of America was born is about to happen again, just ask the southerners who had their life savings in slavery assets, just ask

What do you think happened to them?

Easy to make the assumption you are, but I think it's wrong.


After he civil war majority of slaves remained to work on their farms, with far less cost and responsibility now on the farmer. And/or they switched to leased prison labor, which was vast majority ex slaves and other blacks. With the added "benefit" of them only costing about $12/mth with limitless replacements if you worked them to death.

I think the slave owners made out like bandits. Maybe I have it wrong? Anyone?

[JIBBBY]

Recession coming. Time to buckle up.

Everything going to drop now. People are pulling investments and not investing now in this unstable inflation driven economy that's only getting worse under this horrid Biden Presidency.

[Optional]

Recession coming. Time to buckle up.

Everything going to drop now. People are pulling investments and not investing now in this unstable inflation driven economy that's only getting worse under this horrid Biden Presidency.

It's only about 10 years since USA went through the longest and deepest recession in it's modern history.


How quickly did we bounce back from that?

2008 was the middle of it. What was a house worth in Jun 2008 compared to June 2010?

Recessions are often a needed reset and always provide opportunities for those who do not get caught up in the banking industry propaganda and panic seeding.



Also Jibbby, I hate to break it to you, but a recession = 3 consecutive negative growth qurters.

America was already suffering 2 negative quarters at the time Biden won the election and USA actually really was on the brink of recession.

Since then there has been 4 positive quarters followed by this last one at -1.4%

Do you know the growth rate in Trump's last quarter? -31.2% (his 2nd last quarter was -5.2%)

Trump's best quarter in his entire presidency was +3.8%

Do you know that 3 of Bidens first four quarters all were over +6%?

Seriously wondering if you realize that the way you talk.


We are no where even near the brink of recession today. Just fake news from banking industry and political barrow pushers.

[ThaTopMoron]

i like how the hedge funds who are closing up shop because they tried to short companies into bankruptcy during Covid shutdown are trying to blame retail investors for it

they made bad bets and lost the game

LMAO

short squeezes are coming

[BeatTheJerk]

It's only about 10 years since USA went through the longest and deepest recession in it's modern history.


How quickly did we bounce back from that?

2008 was the middle of it. What was a house worth in Jun 2008 compared to June 2010?

Recessions are often a needed reset and always provide opportunities for those who do not get caught up in the banking industry propaganda and panic seeding.



Also Jibbby, I hate to break it to you, but a recession = 3 consecutive negative growth qurters.

America was already suffering 2 negative quarters at the time Biden won the election and USA actually really was on the brink of recession.

Since then there has been 4 positive quarters followed by this last one at -1.4%

Do you know the growth rate in Trump's last quarter? -31.2% (his 2nd last quarter was -5.2%)

Trump's best quarter in his entire presidency was +3.8%

Do you know that 3 of Bidens first four quarters all were over +6%?

Seriously wondering if you realize that the way you talk.


We are no where even near the brink of recession today. Just fake news from banking industry and political barrow pushers.

I’m getting my popcorn ready for JIBBBY’s rebuttal You better come strong JIBBBS no weak shit come back with a solid take regarding your side of this segway.

[Optional]

I’m getting my popcorn ready for JIBBBY’s rebuttal You better come strong JIBBBS no weak shit come back with a solid take regarding your side of this segway.

Here is a new avatar for you Jerky

[BeatTheJerk]

Here is a new avatar for you Jerky

Just trying to host Mod vs Poster battles in a professional format. Why does it smell like shit in my room though

[raiders72001]

TECHInvestors withdraw over $7 billion from tether, raising fresh fears about stablecoin’s backing

https://www.cnbc.com/2022/05/17/teth...s-backing.html

[raiders72001]

BlackRock, Fidelity and others to invest $400M in USDC stablecoin issuer Circle

https://techcrunch.com/2022/04/12/bl...issuer-circle/

[JIBBBY]

It's only about 10 years since USA went through the longest and deepest recession in it's modern history.


How quickly did we bounce back from that?

2008 was the middle of it. What was a house worth in Jun 2008 compared to June 2010?

Recessions are often a needed reset and always provide opportunities for those who do not get caught up in the banking industry propaganda and panic seeding.



Also Jibbby, I hate to break it to you, but a recession = 3 consecutive negative growth qurters.

America was already suffering 2 negative quarters at the time Biden won the election and USA actually really was on the brink of recession.

Since then there has been 4 positive quarters followed by this last one at -1.4%

Do you know the growth rate in Trump's last quarter? -31.2% (his 2nd last quarter was -5.2%)

Trump's best quarter in his entire presidency was +3.8%

Do you know that 3 of Bidens first four quarters all were over +6%?

Seriously wondering if you realize that the way you talk.


We are no where even near the brink of recession today. Just fake news from banking industry and political barrow pushers.

Those 3 strong quarters were entirely based on Covid shut down recovery. That was going to happen under any Presidency.

Biden Government massive over spending drove up inflation to what it is today and the Biden administration on day one began cutting gas and oil production ( one example - The Keystone Pipeline). The Biden administration creating more regulations on the energy companies caused gasoline prices to skyrocket.

Biden's goal to push the Green new deal has backfired miserably as the American people are not running out to buy expensive electric cars.

Your Aussie based information on this current US economy is VERY VERY skewed and just wrong!

[k13]

Bitcoin is not going up anytime soon there's no reason for it to go up.
Especially now being coupled with the stock market.

[themike78]

Those 3 strong quarters were entirely based on Covid shut down recovery. That was going to happen under any Presidency.

Biden Government massive over spending drove up inflation to what it is today and the Biden administration on day one began cutting gas and oil production ( one example - The Keystone Pipeline). The Biden administration creating more regulations on the energy companies caused gasoline prices to skyrocket.

Biden's goal to push the Green new deal has backfired miserably as the American people are not running out to buy expensive electric cars.

Your Aussie based information on this current US economy is VERY VERY skewed and just wrong!

100 percent correct. Dems just can't seem to understand this. Biden needs to go. Soon.

[raiders72001]

It's only about 10 years since USA went through the longest and deepest recession in it's modern history.


How quickly did we bounce back from that?

2008 was the middle of it. What was a house worth in Jun 2008 compared to June 2010?

Recessions are often a needed reset and always provide opportunities for those who do not get caught up in the banking industry propaganda and panic seeding.



Also Jibbby, I hate to break it to you, but a recession = 3 consecutive negative growth qurters.

America was already suffering 2 negative quarters at the time Biden won the election and USA actually really was on the brink of recession.

Since then there has been 4 positive quarters followed by this last one at -1.4%

Do you know the growth rate in Trump's last quarter? -31.2% (his 2nd last quarter was -5.2%)

Trump's best quarter in his entire presidency was +3.8%

Do you know that 3 of Bidens first four quarters all were over +6%?

Seriously wondering if you realize that the way you talk.


We are no where even near the brink of recession today. Just fake news from banking industry and political barrow pushers.

Not sure where we are at now but recessions are needed. It shakes out the bad businesses as it does the bad crypto projects. Your political views are probably the opposite of mine. Sky News Australia has Biden pegged perfectly. I listen to a lot of news broadcasted outside of the US. Especially on the war in Ukraine. It's nice to get the take of India and some European countries. I listen to English channels where I can find them. IPTV and YouTube have a lot.

[Optional]

Those 3 strong quarters were entirely based on Covid shut down recovery. That was going to happen under any Presidency.

Biden Government massive over spending drove up inflation to what it is today and the Biden administration on day one began cutting gas and oil production ( one example - The Keystone Pipeline). The Biden administration creating more regulations on the energy companies caused gasoline prices to skyrocket.

Biden's goal to push the Green new deal has backfired miserably as the American people are not running out to buy expensive electric cars.

Your Aussie based information on this current US economy is VERY VERY skewed and just wrong!

but but but, you said "Recession coming, buckle up".

That's what I answered and simply asked you if you were aware of the numbers that really do not support the black media scare campaign.

Did you know those figures before? Do you get that they say we are not in or close to recession? (whatever the reasons for them)

[raiders72001]

but but but, you said "Recession coming, buckle up".

That's what I answered and simply asked you if you were aware of the numbers that really do not support the black media scare campaign.

Did you know those figures before? Do you get that they say we are not in or close to recession? (whatever the reasons for them)

Media is the biggest problem in the US. Even bigger than the politicians.

[jjgold]

Projections Bitcoin will settle in around 10k and trade there eventually then 5,000

[Arky]

I think the slave owners made out like bandits. Maybe I have it wrong? Anyone?

I don't know, many of the slaves left for the North. Some just stayed put. Lincoln produced the Emancipation Proclamation as a war strategy, IMO. By declaring all slaves to be free, it would hurt the South's economy.

If you really dig deep into Lincoln, he was not the saint many think. Why not let the South break away? We're taught in school he wanted to "preserve the union". Why? What if the EU decided Britain couldn't Brexit? We'll (EU) go to war with you (GB) to keep you in line. That wouldn't sit too well with many people.

Once you get the complete picture of Lincoln, it really shines a different light on John Wilkes Booth.....

-------------------------------------------------------------

On topic: We're seeing the total market cap of crypto hang around the 1.25T mark. While it is down from 3T, it is certainly up from a couple of years ago. A couple of years ago, it seemed to be sub-400B forever. I think the increase over the last few years is mainly institutional - not retail - so that may explain why crypto seems so "coupled" to the stock market....

[trobin31]

At this point, I’m not sure if you’re serious or trolling? I wish you would stop polluting this thread with nonsense. You’re worse than mike now. We don’t need two zombies cluttering this thread with bs.

I actually try and come here to pick up wisdom from raiders, biggie and others who know what they’re talking about and have been right on basically everything they’ve said the past couple of years.

Just because you own crypto doesn’t mean you know about crypto. I see you have a fixed and closed mindset on your beliefs on crypto and that’s not healthy. You’ve closed your mind and halted learning with the attitude that you know all and everything, which you’re obviously wrong.

You are just a sheep and a follower and believe anything the Sec and government shove down the publics throats. You add nothing to this thread but wasted space and embarrassment.

If you are too stupid to understand what I am saying, let-mah-talk-real-slow——mmmmm——kaaaay

If we go through a terrible recession, not just some flash COVID crash, risk assets—just like crypto, are going to experience the value being wiped out like you’ve never seen before—-crypto has never been through a real recession before and it is the definition of speculative asset. If you are too slow to understand and don’t see any value from it then I am going to say you deserve your loss porn.

[Myranda Jones]

If you are too stupid to understand what I am saying, let-mah-talk-real-slow——mmmmm——kaaaay

If we go through a terrible recession, not just some flash COVID crash, risk assets—just like crypto, are going to experience the value being wiped out like you’ve never seen before—-crypto has never been through a real recession before and it is the definition of speculative asset. If you are too slow to understand and don’t see any value from it then I am going to say you deserve your loss porn.

The only loss I see here is your intellect. You’re the last person on earth I’d take crypto advice from.

[pimike]

Bitcoin

Lol

Now we talking about slaves?


Nobody posting was even around then

Lol

[pimike]

but but but, you said "Recession coming, buckle up".

That's what I answered and simply asked you if you were aware of the numbers that really do not support the black media scare campaign.

Did you know those figures before? Do you get that they say we are not in or close to recession? (whatever the reasons for them)

Blank media scare?

What?

Why is race even in this discussion?

[allabout the $$$]

general question does anyone here do cloud mining or are all of these companies a scam? looks a little too good to be true imo

[DiggityDaggityDo]

Came here to talk about Bitcoin and reading about Kunta Kinte.

Wtf?

[themike78]

My latest analysis is complete and bitcoin will drop to $50 this Thursday and will reach zero on Monday morning.

[DiggityDaggityDo]

My latest analysis is complete and bitcoin will drop to $50 this Thursday and will reach zero on Monday morning.

OK I’m locked and loaded for Monday.

[Optional]

Blank media scare?

What?

Why is race even in this discussion?

Black media = those who purposely distribute disinformation.

ie: what Jibbby was parroting with his recession scare stuff.

Nothing to do with race.

[floki]

[JIBBBY]

Bitty hovering around 29,000 now. Will it go lower? Like 25,000? I got the investment button on my computer warming up to push if it does.

[shadymcgrady]

Bitty hovering around 29,000 now. Will it go lower? Like 25,000? I got the investment button on my computer warming up to push if it does.

Now is a good time to get in, however 25 is a real possibility. We could see sub 25

[BeatTheJerk]

My latest analysis is complete and bitcoin will drop to $50 this Thursday and will reach zero on Monday morning.

Then if that holds true there will be a lot more million & billionaires in the world.

[ChuckyTheGoat]

I've given M78 a ton of rope in this thread. Possibly more than anyone else. One day, he could be proven true.

BTC seems pretty lame to me nowadays. The Miami conference (mostly) sucked. Confidence is fading, and I don't see the (growing) use-cases.

[raiders72001]

I've given M78 a ton of rope in this thread. Possibly more than anyone else. One day, he could be proven true.

BTC seems pretty lame to me nowadays. The Miami conference (mostly) sucked. Confidence is fading, and I don't see the (growing) use-cases.

Store of value.

[raiders72001]

I've given M78 a ton of rope in this thread. Possibly more than anyone else. One day, he could be proven true.

BTC seems pretty lame to me nowadays. The Miami conference (mostly) sucked. Confidence is fading, and I don't see the (growing) use-cases.

Boring times. My current plan is to keep BTC and some ETH. This way I can't get buried. When the market comes alive SOL, ADA types. Then when it's full blown alt season, fire away on APE, FITFI, OMI and others.

All sports betting in BTC.

[ChuckyTheGoat]

Salud, Laker. Always appreciate your insights.

I'll give one observation:

*There's a saying that ANYONE can look smart in a bull market.

Just funny how people get more mum when markets tank. Don't look so smart.

[raiders72001]

Salud, Laker. Always appreciate your insights.

I'll give one observation:

*There's a saying that ANYONE can look smart in a bull market.

Just funny how people get more mum when markets tank. Don't look so smart.

Definitely, we all look like geniuses. Just be ready when the next run starts. Last one 10x peak was easy but getting in on DeFi, metaverse and NFTs early was more. There were a some duds for me at the end trying to extend the run such as SAITAMA and TABOO. Be ready again for new things.