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Featuring…
Tone Vays ( )
Gabriel D Vine ( )
Kyle Torpey ( )
and Thomas Hunt ( ).
THIS WEEK:
—————————-
China’s Bitcoin Exchanges Quietly Made Policy Updates Overnight
The Founder of India-Based Bitcoin Mining Pool GBMiners is Running a Ponzi Scheme
While China Inspections Deal Blow to BTC Price, Bitcoin Hits $1080 in India
Backpage.com shuts down adult services ads after relentless pressure from authorities
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are you part of his gnarly group…. i was thinking about joining.
but he also called 900 as top
This is good crypto talk.
short rekt
I can’t help thinking China, as ruled by the Communist Party, have an
obligation to bitcoin, which was of course established in response to 2008s
capitalist free-market crash. I’m sure Karl Marx himself would have been
attracted by bitcoins decentralised consensus model and potential ability
to pay workers what they deserve with decentralising technologies, etc. The
CPC may have lost its way but the socialist kernel is still there and it
has interest in Bitcoins potential to disrupt capitalism
Degenbet Maybe we are all just looking at that hammer and thinking “gee
whiz, what a great paperweight”.
No, maybe we know that we dont want a dictatorship of th prol and that
bitcoin helps prevent that and not enable it.
Degenbet I’m not sure how empowering the proletariat with fiscal freedom
from big finance is a dictatorship?
Well it includes wealth syphioning. what qualifies as big finance? The
finance that hte goverment bailed out with socialist policy? Marx wants a
dictaorship of the prol. That is the goal.
The wealth siphoning is happening right now every time someone communicates
to another with their money. Peer-to-peer transactions will remove the need
for massive bank intermediaries, reducing the wealth/power of the
super-rich plutocrats and flattening economies over a wider populous.
Bitcoin is a transitional tool towards changing peoples expectations and
fiscal relationships with each other. Decentralised technologies like the
internet, bitcoin and DAO-cooperatives will strengthen bonds between groups
of people and remind them that we exist within communities. The CPC may not
be overtly communist, but the socialist agenda is there and they can see
socialist values in bitcoin. Some of the CPC may be bond villains rubbing
their sweaty palms, hellbent on exploiting money out of their people, but
some are also principled socialists. My point was the CPC can see red in
the B, and I am sure are interested to see how it evolves. I wouldn’t be
surprised if Russia is thinking the same thing.
one coin – by Medvedev
http://i27.tinypic.com/2r74xfn.jpg
Im with Theo, leverage is needed to avoid sticking too many coins on the
exchange and a bit surprised Tone is not critical of what the authorities
have done here.
Gary Wood yes I am also a bit surprised at myself haha. but I do think that
leverage in Bitcoin is getting out of control. I am very sympathetic to
Theo’s argument that the bigger the leverage the less Bitcoin you put at
risk. In fact this was my argument years ago as to why you sould always
trade at max leverage. However, I would like responsible people to make a
decide and regulate on how much leverage is reasonable to protect the
consumer and keep the futures market from fucking with the underlying
asset. Or at least force these exchanges to provide data as to why their
view on the leverage they provide is responsible. I would be against any
KYC regulation on the consumer but not consumer protections for anonymous
consumers. I would also love for PBOC to audit the storage of Bitcoin at
the exchanges, without the ability for PBOC to confiscate funds.
Great show as always, thanks guys ! :)
Respects to Tone, for his always dissecting the article. Hatts of to Theo,
he went full out ( like a machine ) tonight.
theo seems to be the type that when he gets a bug up his butt you better
get out of his way.
Once a sleeping elephant is awaken it destroys everything in its path. You
can not move a sleeping elephant.
Gabe very well said , 1:04:37 , and yes Kyle keep up the good work, there
are few journalists in this space that do actual journalism
No longer watchable without the toolbox.
If you don’t know us by now, you will never ever ever know us.
0o0o0o0o0o0oh!
Love the group!
Tone-cold 4 life!
Tone, you need to fact check yourself
LIGHTWEAVER1111 thanks for being very specific on the parts I’m factually
wrong on considering I do over 3 hours of video content a week on multiple
channels.
PS. tone cant predict btc prices
LIGHTWEAVER1111 no one can, unless you have the money to corner the market.
I just say what I see in the charts.
Nobody knows if Bitcoin is going to go up/down or round in circles on any
given day. If I heard Tone declaring price points at X during specific
windows I would be the first to say something. Tone does what we all do
which is to consider the factors at play and speak to how they may
influence the price going forward.
Tone, on which futures exchange can you go both sides?
Trader Penkov I used to do it on 796 (they pivoted so no longer trade
Bitcoin), you go 50x on both sides at once in a volatile market time…if
price sings into one direction, your loser exits quickly & winner makes
money if you don’t wait too long for price to reverse. but if you have like
a few Million bucks to play with, that could be enough to move the
underlying and guaranty gains on your 50x trade even if you lose in the
underlying. I have seen it done back in 2014.
I see. I am surprised.
Thanks for a good show.
Друзья рассмотрите возможность серьёзного заработка на цифровой крипто
валюте номер один в Мире здесь https://www.facebook.com/onecoinearth/
В течение ближайших двух недель встречусь с каждым лично в Москве или по
скайпу – 29 Января большое событие – приглашаю туда всех заинтересовавшихся
друзья !!!
25:50 if china gov was regulating they cud be on the inside and facilitate
an exchange hack and profit by shorting before it occurred
thanks for your guidence… i would like to know which is the best way to
invest in mining if i want to earn over mining
Trend King there really isn’t a best way, everything is a specialization.
You are asking us “how do I most effectively print money” and I do not
believe any of us do it cause we are pretty sure we would lose money trying
as we are not specialists at “printing money” (aka miming)
+Tone Vays I’m from India and I have invested in gainbitcoin.. do u really
think is it a Ponzi scheme which Is running in India.. Mr Bhardwaj is
running a fraud company
Trend King I think it’s fair to speak for everyone on this video that all
of us believe this is a scam/ponzi and will implode sooner than later
riding the Chinese dragon thats awesome
Bitcoin Free.. Basta adicionar a Carteira (insert wallet). vlw
https://bitminer.io/988886