The major backers of "populist" trump

[mdr224]

Just now, Hawaiian said:

Only worth 90,000 dollars to the fools that will buy it at that price.

Not any different than the fools who lose all their purchasing power to inflation by keeping their money in a bank

[mdr224]

1 minute ago, Hawaiian said:

Only worth 90,000 dollars to the fools that will buy it at that price.  I'll stick to silver and gold.

Ah. Silver and gold. The thing that bitcoin can do better and thus why it is so very obviously outperforming it

[Hawaiian]

1 minute ago, mdr224 said:

Ah. Silver and gold. The thing that bitcoin can do better and thus why it is so very obviously outperforming it

Silver and gold have withstood the test of time.  Time will tell how long bitcoin will be around.

[mdr224]

2 minutes ago, Hawaiian said:

Silver and gold have withstood the test of time.  Time will tell how long bitcoin will be around.

By the time bitcoin overtakes golds marketcap it will be worth seven figures

 

gold will probably be worth 2500 still

[Hawaiian]

4 minutes ago, mdr224 said:

Not any different than the fools who lose all their purchasing power to inflation by keeping their money in a bank

Agree.  This is why my money is spread out in different investments like real estate, equities and a sizeable coin and stamp collection.

[save the frogs]

Just now, jaywalker2 said:

It means, loosening whatever restrictions remain on the rich elite controlling society. If "the people" happen to benefit from their policies but it will be accidental not intentional. These guys see the lower classes as serfs to do their bidding.

 

Most people in western countries have decent lives if they put some effort. 

 

Elon Musk is actually promising a brighter future due to tech. Less work, more "abundance". Abundance being defined as cheaper goods and services available to everyone. Is he a snake in the grass? Could be. 

 

 

[Hawaiian]

2 minutes ago, mdr224 said:

By the time bitcoin overtakes golds marketcap it will be worth seven figures

 

gold will probably be worth 2500 still

Maybe.  What goes up can always go down.  I'm not a greedy person, hence my conservative stance.

[mdr224]

Just now, Hawaiian said:

Agree.  This is why my money is spread out in different investments like real estate, equities and a sizeable coin and stamp collection.

Thats fine if youre old. Young people would be better off buying bitcoin

[Hawaiian]

2 minutes ago, mdr224 said:

Thats fine if youre old. Young people would be better off buying bitcoin

Patience is a virtue and one of the reasons I am still around.  I've always invested in things that interested me, like stocks, coins and stamps.

[pattayasan]

17 minutes ago, Hawaiian said:

Only worth 90,000 dollars to the fools that will buy it at that price.  I'll stick to silver and gold.

 

Indeed. BTC is not a store of value like gold. It is a proxy for the US dollar. BTC can have wild swings but gold's volatility will always be attenuated.

 

BTC has actually run contrary to gold lately. Gun runs contrary to the DXY. So what happens when the dollar crashes? Here is a chart of GOLD / BTC since september (daily).

[mdr224]

1 minute ago, Hawaiian said:

Patience is a virtue and one of the reasons I am still around.  I've always invested in things that interested me, like stocks, coins and stamps.

Ive been in bitcoin since 2014 and i dont need to work anymore aged 38. Whats worked for you isnt going to work for younger generations because inflation is slowly and now quickly destroying peoples lives. Gold is just collectibles now for old people

[mdr224]

3 minutes ago, pattayasan said:

 

Indeed. BTC is not a store of value like gold. It is a proxy for the US dollar. BTC can have wild swings but gold's volatility will always be attenuated.

 

BTC has actually run contrary to gold lately. Gun runs contrary to the DXY. So what happens when the dollar crashes? Here is a chart of GOLD / BTC since september (daily).

Gold is is infinite like the dollar. It just cant stack up in terms of inflation hedge as bitcoin can. Bitcoin will become the worlds reserve currency with trump

[pattayasan]

4 minutes ago, mdr224 said:

Ive been in bitcoin since 2014 and i dont need to work anymore aged 38. Whats worked for you isnt going to work for younger generations because inflation is slowly and now quickly destroying peoples lives. Gold is just collectibles now for old people

 

How did you do when BTC dropped from 65k to 15k? Surely you sold before getting raped?

[mdr224]

3 minutes ago, pattayasan said:

 

How did you do when BTC dropped from 65k to 15k? Surely you sold before getting raped?

I held from 1000 to 250, 20,000 to 3,000, and 69k to 15k. Bitcoin is the best money ever created. Im not selling

[Hawaiian]

7 minutes ago, mdr224 said:

Ive been in bitcoin since 2014 and i dont need to work anymore aged 38. Whats worked for you isnt going to work for younger generations because inflation is slowly and now quickly destroying peoples lives. Gold is just collectibles now for old people

Collectibles for old people?  So that's the reason China and India are on a gold buying spree.

[mdr224]

Just now, Hawaiian said:

Collectibles for old people?  So that's the reason China and India are on a gold buying spree.

And soon after trump announces the US is buying bitcoin the rest of the world will have to pivot to bitcoin, and thats when the real fun begins

[Hawaiian]

3 minutes ago, mdr224 said:

And soon after trump announces the US is buying bitcoin the rest of the world will have to pivot to bitcoin, and thats when the real fun begins

Are you trying to start a rumor to inflate your hoard?

[mdr224]

Just now, Hawaiian said:

Are you trying to start a rumor to inflate your hoard?

The price will keep going up regardless. I dont expect to convince any of the elderly here. You can lead a horse to water but you cant force it to drink

[Chwooly]

3 hours ago, jaywalker2 said:

Politically, Trump is a creature of the billionaire class. His major backers are  billionaire technocrats (Musk, Peter Thiel), Israeli supporters (Madeline Adelson), old money (Peter Mellon), and Paypal exec David Sacks -- all of whom have extensive ties with the "Deep State," the military, the financial class. What do you think these people want for their money?

 

 

https://www.forbes.com/sites/dereksaul/2024/10/30/kamala-harris-has-more-billionaires-prominently-backing-her-than-trump-bezos-and-griffin-weigh-in-updated/

 

Forbes found at least 100 billionaires in the corners of either former President Donald Trump or Vice President Kamala Harris—with many more backing Harris

 

But the ones that support Harris and Biden are ok?

 

You people are such hypocrites and are so blind to your hypocrisy it is laughable. 

[Hummin]

1 hour ago, Hawaiian said:

Only worth 90,000 dollars to the fools that will buy it at that price.  I'll stick to silver and gold.

Easy come, easy go generation have a long way to understand basics. 

[mdr224]

5 minutes ago, Hummin said:

Easy come, easy go generation have a long way to understand basics. 

I can feel your pain. I have something to tell you. Its not going to get easier

[Hummin]

2 minutes ago, mdr224 said:

I can feel your pain. I have something to tell you. Its not going to get easier

You know nothing at all, but that's being young and ignorant, never learned manners or common sense. Think the world evolves around them, and only them. 

 

A bit manic if you ask me how many Magas act these days, and think their problems is solved. 

 

 

[pattayasan]

1 hour ago, mdr224 said:

And soon after trump announces the US is buying bitcoin the rest of the world will have to pivot to bitcoin, and thats when the real fun begins

 

Yes, spending USD to buy BTC will tank the USD, making all imports more expensive.

[mdr224]

15 minutes ago, Hummin said:

You know nothing at all, but that's being young and ignorant, never learned manners or common sense. Think the world evolves around them, and only them. 

 

A bit manic if you ask me how many Magas act these days, and think their problems is solved. 

 

 

Just stop giving people advice. Because you are wrong about everything you believe, simple as that

[mdr224]

Just now, pattayasan said:

 

Yes, spending USD to buy BTC will tank the USD, making all imports more expensive.

A strategic bitcoin reserve is how America stays the best country in the world

[Hummin]

5 minutes ago, mdr224 said:

Just stop giving people advice. Because you are wrong about everything you believe, simple as that

Who are you to know? That's the question! One who never followed politics being newly convinced about life, like an new religious who found Jesus. 

 

When you have realized your bitcoin, you won, but still be depended on the old fashioned banking and finance systems to realize your fortune. Think about it for one sec, 

[mdr224]

4 minutes ago, Hummin said:

Who are you to know? That's the question! One who never followed politics being newly convinced about life, like an new religious who found Jesus. 

 

When you have realized your bitcoin, you won, but still be depended on the old fashioned banking and finance systems to realize your fortune. Think about it for one sec, 

As bitcoin continues to succeed, banks will become less reliable. People will prefer to trust their money to themselves. Its already happening

[jaywalker2]

54 minutes ago, Chwooly said:

https://www.forbes.com/sites/dereksaul/2024/10/30/kamala-harris-has-more-billionaires-prominently-backing-her-than-trump-bezos-and-griffin-weigh-in-updated/

 

Forbes found at least 100 billionaires in the corners of either former President Donald Trump or Vice President Kamala Harris—with many more backing Harris

 

But the ones that support Harris and Biden are ok?

 

You people are such hypocrites and are so blind to your hypocrisy it is laughable. 

No, they're not okay. But that's why people turned against the Democrats and ran straight into the arms of Trump. Meet the new boss, same as the old boss.

 

HURRAH for revolution and more cannon-shot!
A beggar upon horseback lashes a beggar on foot.
Hurrah for revolution and cannon come again!
The beggars have changed places, but the lash goes on.'

 

[jippytum]

Funny how Trump backers are making news after the election. 

Pre election the media attention was on the Dems celebrity backers hundreds of them. 

Lot of good that did Harris. 

 Trump backs the money men. So what? 

[pattayasan]

1 minute ago, jippytum said:

Funny how Trump backers are making news after the election. 

Pre election the media attention was on the Dems celebrity backers hundreds of them. 

Lot of good that did Harris. 

 Trump backs the money men. So what? 

 

Other way round. The money men back an unscrupulous politician who will do their bidding.