bitcarnicoin's avatar
bitcarnicoin
bitcarnicoin@iris.to
npub1jalx...9g9c
Beef & Bitcoin
bitcarnicoin's avatar
bitcarnicoin 5 hours ago
If you've developed your spirituality, taken longer than 5 minutes to research a subject and actively pursue truth to any degree you are better than most people. That means you shouldn't listen to them as their opinions are beneath yours. There's a reason adults don't take advice from children.
bitcarnicoin's avatar
bitcarnicoin 5 hours ago
Bitcoin is just a decentralised ledger with a difficulty adjustment and it makes people's brains fucking melt
bitcarnicoin's avatar
bitcarnicoin 6 hours ago
I love price. It's the only signal in the noise. Nooooooo we crashed because a hedge fund had an option strategy that correlated with a thing and this thing de-levered so ETFs had to derisk noooooooo. None of this information is actionable, the next crash will because of something completely different. Charlatans trying to sell you certainty in an uncertain world. It takes up headspace you could use for something else or god forbid leave empty.
bitcarnicoin's avatar
bitcarnicoin 2 days ago
I dgaf Luke "ivestoooor" Gromen sold the top in hindsight. Yeah trim a little or buy some shit you need or whatever but never sell your core stack. This is personal. We've been getting fucked in the ass by central bankers for over a century and to treat bitcoin like nvidia stock is fucking disgusting. I'm not using my mental energy to try and time tops and bottoms, I'm using it to try and live free from the oppression of the state and it's money printer. It seems there's very few people with this same attitude, but if it's only retarded anons on nostr then so be it.
bitcarnicoin's avatar
bitcarnicoin 3 days ago
Feels like the global economy is getting repriced. The "oh AI can do real world shit" stage is here. Prices fall to the marginal cost of production don't they Jeff. I had a client say "wow this is amazing, we really appreciate your time and effort on this" - except it was only my creativity, AI did the effort. What are 95% of stonks worth in this environment?
bitcarnicoin's avatar
bitcarnicoin 6 days ago
The bus meme but with everything is a psyop on both sides
bitcarnicoin's avatar
bitcarnicoin 1 week ago
Price doesn't move on weekends because futures aren't open, unless it's down. Down is fine.
bitcarnicoin's avatar
bitcarnicoin 1 week ago
With silver down almost 35% on the day, I have thoughts. We're forced to play this fiat musical chairs just to try to maintain our purchasing power. We're ALL forced to. Which means you better know what you're investing in otherwise you're chasing the latest pumping turd at the top of a parabola like every other clown when you would have been better off losing 10% to inflation per year instead. Maybe boomer money recovers immediately, maybe it takes a decade. You might need to hold what you own a lot longer than you think so don't hold a turd.
bitcarnicoin's avatar
bitcarnicoin 1 week ago
I bought one share of GDX yesterday to put the top in for gold. You're welcome.
bitcarnicoin's avatar
bitcarnicoin 1 week ago
French take home pay vs total cost to the employer (productivity value). What an epic scam. image
bitcarnicoin's avatar
bitcarnicoin 1 week ago
A new Mustang GT V8 in France retails at €59,298. Taking into account their €80,000 co2 tax (yes you read that right) and all the other employer and employee taxes, you need to earn, wait for it....€470,000. To buy the same car in Dubai? €50,060. The drip, drip of taxes and debasement is now a flood that will drown anyone not paying attention.
bitcarnicoin's avatar
bitcarnicoin 2 weeks ago
Welcome to an up market national café chain at Paris Airport. Two sandwiches and water 25 EUR. You'll need to clear and wipe down your own table too. Plans for Dubai move in full swing. image
bitcarnicoin's avatar
bitcarnicoin 2 weeks ago
Your economic value is how long it would train someone to do your job. Fiat has conditioned everyone to think just because they do 40 hours a week they're entitled to a decent wage. If someone can walk in off the street (or boat) and do your job in an hour what are you really worth?