aldriglikvid

Bitcoin keeps falling today (as it did yesterday, and the day before) and even more crypto-exchanges are exploding in realtime. People are starting to realize it's all a ponzi. Be safe and stay out of made-up internet-money. https://www.forbes.com/sites/billybambrough/2022/11/13/stay-away-binance-ceo-issues-serious-warning-over-another-crypto-exchange-after-ftx-collapse-crashed-the-price-of-bitcoin-and-ethereum/?sh=150c4798793a

It's extremely hard to not laugh out loud at grown men chasing this treasure of made-up internet-money. Got any 'Serum'?

This was just written on a Bitcoin Fanboy forum, from one of the fans.

9 of the 10 largest exchanges and wallets has either been hacked at least once, complete frauds or straight up ponzi's. The third largest exchange in the world, blew up this Thursday. After they reported a -10$ billion dollar deficit compared to their assets, users lost it all. Management not only this week, but for years, has claimed "bank security level" on their exchange/app (just as @Sparktraderabove). As a matter of detail, all 9 of the largest wallets/exchanges that has either been hacked or defrauded did always claim top security/bank security before hand. Of course they won't state otherwise.

Let's assume.... - I learned about Bitcoin yesterday - I learned about Bitcoin last year - I learned about Bitcoin 2 years ago It's down, heavily, in all three periods. Wait, what - should I change my opinion on anything based on how long I've known about it; not actual facts?

And that's the thing: you keep arguing that your made-up internet-money has value because of a gain people did who bought in 13 years ago. People who bought in the last years, far more in numbers, are all devasted and won't come back. BTC will never amount to anything. I can point to 300 stocks that 100x since 13 years ago, will that change your mind about the USD? Can't argue like this. Stop chasing Ponzi's and invest in tangible assets.

Now you're swinging untruths again, mate. Bitcoin is down -70% YTD.

And yesterday?

Most made-up internet-money, I'm sorry "Coins", have lost in one week what the general stock market declined in a total of 1,5 years during the GFC. Bitcoin has lost -3% since we began this discussion yesterday. Embrace it's a ponzi and instead look for productive assets. I'm just trying to help you here.

What's the value, then? It is down the toilet YTD -72%. But, you know that before it happened - right?

You guys keep pointing to completely unverifiable claims of successful trades, to legitimate a "currency" that has fallen -70% in 12 months. Do you see an issue with that?

https://www.bloomberg.com/news/articles/2022-11-10/el-salvador-s-bitcoin-holdings-devalue-60-amid-crypto-selloff Crypto-era is over buddy. You could've made a lot better money in productive assets. So sad to see this.

1 Year return = -72%

What has this got to do with BTC? I told you in my first post, I use my currency to buy real (productive) assets of different sorts. I would, however, not buy Bitcoin as it's a non-productive asset. Bitcoin not only lost -72% in 1 year (when has that happened to the USD?) the volatility of BTC is unreal, making it certain it will never (ever) be a tender. A handful more exchanges went bankrupt since last night, tons of "coins" down -10-20% just over night. You guys gotta be careful investing in this made-up internet-money of yours.

Let's be perfectly clear here mate: I was the one who argued that trading isn't linked to any particular currency, or unique to Bitcoin - not you. So please, don't spin it and say "Trading btc is no different to trading forex". You tried to make an earlier argument that validity of BTC was because you can trade it up in 2 weeks. If you engage in debates, at least try to do it honestly.

You claimed that Fiat wasn't legitimate because of 8% inflation and that idea that central banks are "printing" it. I just made clear Bitcoin is down in real terms on a 1y, 2y, 3y level as a CURRENCY. You then tried to change subject that because you made some trades in it, it's legitimate. You can trade in USD or other FX buddy, don't need made-up internet-money to do it.

I asked about the legitimacy of Bitcoin, and you said it's easy to make 20% in 2 weeks. Come on, at least engage on a honest and intellectual level. Here's a 10day chart for your made-up internet-money, including that 10% gain yesterday that you claim so vigorously. I'm also submitting a 1 year chart. Are we still making Fiat-jokes?

My question remains: Claiming you made 20% in 2 weeks. I just wonder, why settle so low? I mean, you make it sound like you can do it overnight without any risk. Just saw that your made-up internet-money is down -22% in 5 days. Haha, you whining about "fiat" compared to that?

I'm sorry? It was a reply to you, claiming you made 20% in a week. I just wondered, why settle so low? I mean, you make it sound like you did it overnight without any risk.

I didn't say property, buddy. There are several stock markets that are up, and there are more stock markets than Nasdaq, son. Your made-up internet-money is down more than the Sri Lankan peso or Turkish Lira in 1y, 2y, 3y. If you say that you can "trade" that away, that's just nonsense (because it's adds another level of risk). An undisputable fact is that Bitcoin, and all the other made-up internet-moneys and ponzis, have faired far, far worse than USD compared to an equal weighted FX basket. Bitcoin is in the toilet YTD and it will go lower. Why did you only trade +20% gains in 1 week, and not +40% or 60%? Not want to, right ????

I don't invest in Fiat, I put in productive real assets with a return for above inflation. Bitcoin, or the other made-up internet-money is not productive assets. The only thing you could hope for, which hasn't worked for 3 years now, is that another sucker will buy it higher from you. If your exchange isn't defrauded and your wallet already hacked, that is.

Are you guys still investing in made-up internet-money such as Bitcoin and the other Ponzi's? If you can't spot the fraud a mile away, I don't know what to tell you. So, 9 if the largest exchanges worldwide have either ben outright criminal frauds, hacked clean or ponzi's. But not yours, right? ???? Chasing that legit 17% APY.

You're probably right. Correction: I wrote October above, but I meant September. Purpose of the thread: I arrived 25th of september on a new STV. My home country embassy told me that the overall scheme would end (as we all knew) but my extensions will still be doable if enter before september 30th. Just to check that my embassy wasn't misinformed, I mailed a couple of others and they all said the same thing: scheme is ending but if you enter with your new stv before sep 30th you can still do the extensions. Again, you're probably right with your assumption; I'm simply somewhat disappointed my trip is cut -6month short and I'm lifting all rocks to find a solution.

Hi, Just starting a thread regarding STV Extension possibilities, as it might help others with the visa. Background: new issuing of the visa ended oct-31. Embassies throughout Europe have given different opinion if the possibility to extend the visa via its original construction is still possible, or if went full stop oct-31. I do not, in any way, argue that European Embassies have better information; I'm simply stating that information is very vague and that, perhaps, different decisions are being taken at different local immigrations throughout Thailand. Anyone tried a STV extensions post oct-31 and how did it go? Bless. ????

This website have two different processes stated, if you either convert in-country or if you apply from abroad (from what I can understand). The first option looks the easiest and that's what I'm planning: arriving on a SETV and contacting the school at day 1. https://prolanguage.co.th/student-visa-services/