I told them about Bitcoin collapse, they made fun of me.
LOL. Nothing's changed Bobby, we're still making fun of you.
Bitcoin has crashed before. In 2017, it lost more than 85% of its value in the process, and as of right now, we're still miles away from that.
It will bounce back, like it has more than 3 times in the last decade, as institutional investors, i.e. big banks and hedge funds are still throwing money into it, or have billions already invested into bitcoin and they won't pull out at a loss.
A sizeable chunk of my crypto portfolio is in $BTC, $BNB and $ETH and I am still buying into the dip.
So Hazrat Bobz is now promoting himself as a najoomi for making a prediction in 2021 about something that already took place 4 years prior?
His extraordinary foresight can be attributed to the chillas and jadu-tona and totka-ghutka and the Sam-hamming that he does in his basement room…when he’s not posting on GS, of course.
LOL
So...
Is it just me or does anyone else also pick up on the 2 underlying messages in the title of this thread:
1) Bob only mentions what he believes he was right about. Did not list anything he was wrong about....therefore....suggesting that he's never been wrong.
2) That he is more right and we are more wrong and also less right than him. But that me vs. them undertone is always there.
[quote=““The Last Straw””]
LOL
So…
Is it just me or does anyone else also pick up on the 2 underlying messages in the title of this thread:
-
Bob only mentions what he believes he was right about. Did not list anything he was wrong about…therefore…suggesting that he’s never been wrong.
-
That he is more right and we are more wrong and also less right than him. But that me vs. them undertone is always there.
[/quote]
I was right about Taliban attacking Pakistan.
I was also right about Biden making you wish Trump was back, Old white Catholic men sometimes can be the most callous and brutal. He has completely crushed Pakistan’s economy, he has brought the world closest to Third World War. There will be famine and food shortages and millions will die and he’s ok with that.
Don’t catch a falling knife, Bitcoin will soon be worthless.
It won’t be, trust me. And even in the slightest chance that it does? I’ve made more than 100x on my crypto investments since 2013, and that’s the beauty of unregulated markets. By comparison, my FAANG investments have netted by less than 10% of that. So any money I lose, would just be the froth on top of the money latte that I’ve been sipping on for the past almost decade in the market.
Thanks to unprecedented levels of inflation in the last 6 months, investors are steering clear of speculative assets, i.e. stocks, crypto, everything is down, and soon real estate will be worth pennies on the dollar as well, but with like everything in the economy, there will be a boom followed by yet another bust, and so on. The average Canadian has been suffering at the hands of rich Chinese investors buying up condo’s for 10x what they’re worth, if that isn’t a bubble, then I don’t know what is.
There is a strategy in bubbles, they are designed to take wealth out of other countries and make US richer, after every bubble US dollar becomes more powerful, although they were the ones who created the bubble. I bet Chinese were invested in Bitcoin like mad. After creating the financial bubble, US rather than going down, is more powerful.
Europe is on hands and knees in front of US. I bet entire Europe was not enthusiastic about Ukraine war and now many more countries want to join NATO. Before you would see some disagreements, now they do mostly, what they are told.
There we go. *If *crypto is a bubble as you claim it is, then there is a strategy to make money from it.
Not for long though. The entire world is now catching up to the bullshit, that is the petrodollar. China and Russia are seriously considering trading oil in yuan or ruble. One is the amongst the biggest producers of oil, while the other is the biggest consumer.
Fun-fact: The United States is currently buying a proportion of its oil form India, hence why the national average has risen to $5/gallon. Guess where India gets its oil from? Russia!
The CCP are against any unregulated market. Half of all bitcoin miners from China are now setting up shop in the US. However, this does little, of anything, for the US economy.
A very few people make money of the bubble, you need to foresee the dumping coming after pumping. I have seen many bubbles, from the 7 dragons, to internet bubbles etc.
I follow the trends, US has been getting exponentially more powerful
China has some fatal weaknesses
They will crush Chinese economy before it can establish a competing banking system. They can also create political unrest.China needs to export to survive.
Market trends dictate dumping, however you do not need to foresee a pump, it will happen eventually. Econ 101.
Please share with the rest of us, these “trends” that you’ve been following.
I find this hilarious to be honest.
So, you’re telling me that the United States has the ability to cause civil unrest in China? The worlds largest surveillance state? A nation that developed its own goddamn internet to keep its people from accessing the outside world? That China?
I am not an advocate for the Chinese government or their human rights record but unlike you, I live in the real world, where every solution has a problem tied to it, and not the other way around.
[quote=““The Last Straw””]
LOL
So…
Is it just me or does anyone else also pick up on the 2 underlying messages in the title of this thread:
-
Bob only mentions what he believes he was right about. Did not list anything he was wrong about…therefore…suggesting that he’s never been wrong.
-
That he is more right and we are more wrong and also less right than him. But that me vs. them undertone is always there.
[/quote]
You are free to post wherever I was wrong. Taliban are killing your soldiers on a regular basis, rupee at 204 Bajwa the biggest beghairat kneeling down.
[quote=““The Last Straw””]
So Hazrat Bobz is now promoting himself as a najoomi for making a prediction in 2021 about something that already took place 4 years prior?
His extraordinary foresight can be attributed to the chillas and jadu-tona and totka-ghutka and the Sam-hamming that he does in his basement room…when he’s not posting on GS, of course.
[/quote]
Predicting the reaction of an action is not najoom. If you are angry, miserable creates cortisol, creates visceral fats, reduces enjoyment of life, shortens lifespan. Not najoom, just science. Unhappy angry people have bad health, bad life is just very predictable.
Heard people saying on (anti)social media that crypto will be the new world currency replacing US some time in future.
Based on how/where & by whom this is all controlled, I feel whenever there is a large number of Pakistanis investing then it collapses. In the 90s, a huge number of Pakistanis had invested in USDs, every one knows what happened then. Especially after 911, it seemed like that was the end of USD. Many Pakistanis sold out their USD funds, converted to various different currencies at loss. The mafia monitoring all of that through A.I knew when majority Pakistanis were advised on purpose to sell off their USDs on much cheaper rates & not consider that a loss because they'll still have something than nothing when the USD has totally collapsed. Offcourse all those Pakistanis suffered losses & the buyers - mainly the banks - bought on dirt cheap rates from those Pakistani investors. Soon after that 'dump' phase, the value arose more than the entire previous history.
But that is not a standard equation for all times. The ones controlling the markets may try to not 'pump up' until pakistani investors have quit hope & sold out all their crypto assets (exactly as it happened in the 90ss with USD). Considering the control the evil anti-pak global mafia now has on market trends/practices, they may make sure to keep it in the 'dump' until majority Pakistanis have sold out their assets. If they don't, they may find a way to still keep Pakistanis from earning any considerable profits. Until offcourse the large share lands in the hands of non-Pakistanis.
I have never invested in crypto so my analysis is purely based on USD markets trends of the 90s. Not a standard rule but I really think this is by design to scare Pakistani investors forcing them to sell all that they own, buy cheaper from them & then raise prices to the level out of the reach of the previous Pakistani investors to buy again. & who would buy again after bad experience of incurring loss ? Rarely anyone. That is by design.
Don’t underestimate the power of media. There was a reason that communist China had blocked western media. There are hundreds of millions of very unhappy Chinese and they can definitely be incited. I bet US intelligence is very active in China.Watch the Snowden movie, they listen to every thing on phones, can look at internet browsing, know all the dirty secrets of every world leader. Funny how MBS went all quite after trying to revolt.
Biden publically talked about removing Putin. Revolts etc.
You create food shortages and watch the riots in China.
You think the computer controlling 21 trillion is my imagination?
You want to watch the trends than look at 10 year graph of US dollar v Euro. Look at doubling. Tripling of wealth of US billionaires
Power of media is 5 million babies died in African conflicts without any public uproar, news suppressed by media. Why was Chinese media not able to highlight that.
Its a bear market all over. Everything is down. Bitcoin and Eth are standing on firm grounds they are not bound to fail. Prices will always fluctuate but doesnt mean they are a failure. Same as if the a stock can be overvalued and then swing back to under as well
2 Likes
Funny you have more faith in China than the Chinese have in China. Government had to put measures in China so Chinese can’t take money out. Fatal flaw of China is corruption and authoritarian govt. Authoritarian governments breeds resentment and easy to incite unrest. West is based on Socrates, Greeks, Raman’s philosophy and that philosophy is unbeatable
New trends you wanted me to share, US is propping up India against China, lots of foreign investment will go into India, come out of China, investments in alternate energy will quadruple. Defence stocks will do well, steel, aluminum. Silver will do well however I would buy them a few months down the road after interest rate spikes quell.
cash is king, many housing foreclosures to come, wait for housing crash to pick some gems, Sam’s family made their fortunes in buying into housing crash