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Immaculate Vibes

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Posts posted by Immaculate Vibes

  1. 14 minutes ago, babysdaddy said:

     

    Doomberg is a next level follow.  But he’s a contrarian, so most people here won’t get him. 
     

    The key points are, there’s no way to “cancel” 11% of the world’s fossil fuel production. It’s going to get sold somewhere. 
     

    Also, moves that increase fossil fuel prices such as sanctions actually help Putin near term. Moves that lower prices, such as increasing supply, hurt Putin. 

    • Fuck You 1
  2. 12 hours ago, Goredho said:

    I feel that life for the average US citizen between 1945 to 2001 was very good, and that no other time period provided more economic freedom for more people.   I feel that the dollar’s standing in the world was no small part of that.  I feel that position of the USD has eroded since then, and that the USD may cease to be the world standard along with that golden age of freedom from economic want and worry experienced by so many here at home.  I feel that assholes like yourself abandoning the dollar for alternative currencies is a part of that fall of the USD.  I feel that for America to survive as it was known in that golden age, assholes like yourself need to fail — bigly.  As such, I feel a strong desire for you to go fuck yourself.  Move to a seastead in Panama if the life you enjoyed in this country between WWII and 9/11 was so shitty that you would basically operate to tear it apart for the rest of us.

    I haven’t abandoned the dollar. I have plenty of dollar investments. I’m just hedging strongly against what historically happens and what is being reinforced by everything I see. 
     

    12 hours ago, Brisketexan said:


    He actively roots for it. Check out his posts of masturbatory glee in the Global Spring thread. I’ve never seen somebody so eager to have to eat his Jim Bakker survival buckets.

    I don’t root for bad things to happen. There’s just more bad than good happening now. You of all people should know that. 
     

    When I saw this meme I thought of you. 
     

    D9893-C0-E-4-DF2-4-C4-D-B374-F6-E756-E95

    11 hours ago, Neonmoon said:

    US digital currency will be no different than paper currency. It would still be centralized and backed by the full faith of the US government, making it stable and consistent. Only fucking weird sovereign citizen anti-social wack jobs worry about and/or root for the fiat system collapsing. 

    CBDCs are the worst thing imaginable. Financial privacy gone.

    With programmable money, so many ways for central planners to manipulate people’s finances.
     

    Oh you have a negative interest rate on your money. 

    Oh if you don’t spend your latest Fed deposit in the next week, it will be deleted. 
     

    Oh sorry, that is an unapproved transaction. 
     

    The inability to see how easily it could be abused and how disastrous it would be is really fascinating to me. 
     

    11 hours ago, David Dennison said:

    Not only that, how much of that paper currency is ever paper these days?

     

    11 hours ago, Captainant said:

    Yeah no kidding. I really only use cash while I'm in Vegas, otherwise everything from my paycheck to my mortgage payment, car, insurance, etc etc etc are all digital

    That’s your choice. But you should want it as an option 

    • Fuck You 2
  3. 10 hours ago, Vegas64 said:

    What am I missing about being scared the dollar will lose its position? The dollar is strong and the strength of the dollar in Q1 is the only saving grace for a lot of organizations who reported and have global sales and operations.

    I’ll come back later to address most of the comments, but this one is pretty straight forward. 
     

    The USD is currently strong relative to other currencies because we are hiking interest rates aggressively to attempt to get a hold on inflation. 
     

    Also you have to look at the global  energy situation.  There’s obvious energy scarcity currently. In that environment energy rich country’s currency will perform better.  Look at usd and the ruble. Energy importers are going to have weak currencies. Look at Japan, EU, UK, Korea. 

  4. 10 hours ago, longhornmatt said:

    LMAO.  That was a remarkably easy and shameless pivot from:

    ”It’s an inflation hedge and store of value whose worth is derived from a limited supply that the Fed can’t devalue with all of its artificial easy money machinations!  And the Fed can’t keep doing that forever without the shit hitting the fan, so then you’ll wish you had Bitcoin!”

    to:

    ”Its worth is derived from how it performs well as long as the Fed prints money and juices the market with its artificial easy money machinations!  And the Fed will have to keep doing that forever, so you’ll wish you had Bitcoin!”

    It’s like a “natural remedy” pitch where if you feel better, it’s because it’s working, and if you feel worse, it’s because it’s working by drawing out all those toxins you didn’t know you had.  

    How do you not have a better target audience of marks than an obscure college sports board?

    Again it was created in response to easy money and bank bailouts. When the easy money returns, it will pump again. This isn’t hard. Or do you disagree with that statement? 
     

    I’m not looking for “marks” here. I graduated for UT so I have frequented iterations of this site off and on going back to hornfans and Mira Sorvino eating an ice cream cone.
     

    I have also enjoyed following bitcoin for a while. This place is a fun place to discuss it and I selfishly would like as many Longhorns and Texans to benefit as possible from something that I still see as a large long term opportunity.
     

    I try to educate where I can. I’ve said for a long time to get your coins off centralized exchanges and avoid lending platforms. Each time we have a down cycle and people get burned a new class of people learn the right way to handle this stuff. 
     

    4 hours ago, Nothing To Add said:

    OK...if a man had some cash laying around and was looking to buy bitcoin once it gets so low he doesn't mind risking all of it, where would he go to buy?  I am the first to say I am clueless on crypto but enjoy watching the roller coaster.  Full disclosure...I know the odds of roulette and yet play it constantly.  I'm in a place in life where I have disposable income and don't mind losing some for the simple thrill of watching the wheel turn and the ball bounce around.


    If you’re interested in getting in and have a decent amount I would start dca buying through a service like Swan or Strike. We’ll have some time at these levels and that way you’ll catch a bit if it dips lower. 
     

    https://www.swanbitcoin.com/

     

    https://apps.apple.com/us/app/strike-bitcoin-payments/id1488724463

    I would avoid Coinbase or other exchanges that have been dabbling in shitcoin stuff. There’s still a lot tbd about these leveraged exchanges and funds blowing up and any contagion. 


    TL;dr

     

  5. 15 minutes ago, atomheartbevo said:

    And after that meeting, Zelensky or somebody in the Ukrainian government said yesterday there would be a major positive announcement in the next day or two.  Guessing Russia got wind of it.

    This is actually dumb as fuck.  It’s reinforcing the EU needing to get off of Russian gas, so that they aren’t at the mercy of Russia’s whims.  

    Ok. But unfortunately they are currently literally at the mercy of Russia. It sucks, but true. 
     

    I hope they come up with a plan before next winter. Until they have a better plan it’s going to cause societal stress in Europe. 

  6. Unfortunately Russia putting the screws now to Europe. 
     

     

     

     

    The timing of the cuts is pretty clear. Just after European leaders visit Kyiv.
     

    Throw in the Freeport LNG plant accident and European supplies are under severe strain  

     

  7. 1 hour ago, Serak The Preparer said:

    Cue the punchline about how you must be a consultant, because you just said something that was true but without adding any value. No shit it has historically performed very well, bitcoin's history coincides with great market growth. Now that doesn't mean it will or won't crash, but I won't give BTC a ton of credit for it's growth in this Dow Jones market:

    image.png.06b14d23c285b80862b284e74b3add8c.png

    Well, no shit. It was created in response to bank bailouts and money printing. It’s benefited from it directly. 
     

    It’s obviously not fair to compare the 5x growth of the Dow since 2009 to the top performing asset of all time. Let’s look at the s&p since the Covid crash. Up 60% vs bitcoin up 5x even after this week’s crash.

     

    I think it’s clear that the narrative of bitcoin being an inflation hedge that tracks cpi has been blown up.  But if you look at it, bitcoin moved up before inflation took hold/as the money printing started. It started to tank just before monetary tightening became a reality. It seems to be a leading indicator of monetary policy.

     

    So if you think that the Fed will engage in sustained monetary tightening then you should avoid bitcoin. If you think that the Fed will blink before inflation is meaningfully dampened then you should be buying now. Place your bets.


    I believe that the modern financial system is reliant on an increasing amount of debt to maintain it. When tightening is attempted, debt or liquidity crises emerge and more money must be printed to paper over the issues.  Basically you can’t taper a ponzi. In our current regime an asset that performs well in easy conditions is one you want to own.

     

     

  8. 1 hour ago, Brisketexan said:


    Nobody reasonable is arguing with that conclusion. We’re mostly noting that when it comes from a purported champion of “FREE SPEECH!” across the board (that is, not in the state actor context, but literally in the context of people just venting to the world), it’s pretty fucking funny, and shows him to be what most of us knew he was all along: a hypocritical troll pussy who can dish it out but can’t take it at all.
    Keep stanning for a pathetic bitch boy, it keeps us amused.

     

    1 hour ago, Js1 said:

    Immaculate is a bigger piece of shit than the assholes he worships.  

    Stanning? Worships? 

    I’m on Pg 2 of this thread calling out some of his fraudulent moves. I disagree with Musk on a lot of things, I just think it’s funny how much he gets under your skin. 


    I knew when i saw that news that this thread would be populated with posters upset that some people they don’t know, got fired by their boss because they talked shit about him publicly. 

    Stay mad. Lol

    • Fuck You 3
  9. 7 minutes ago, Shaggy3.0 said:

    <No CR>

    Assume unlimited giveaways, what's the end-game here?  I mean, when value for everything is diluted, at what point do people just say "screw it"?

     

    Most of us on this thread know it’s all a confidence game. The predicting when it is lost is the hard part. As some people like to say, gradually, then suddenly. That’s my guess. 
     

    12 minutes ago, gsoda3 said:

    what does an itinerary for a trip around houston look like?  san jacinto?  the museums district?  chinatown? andretti racing? 

    1-DFD5669-83-D6-4369-BB93-39-C5-DAE729-D

    36-ADF710-6-C17-4715-8893-E66-F9-D8-C83-

     

     

    • Hook 'Em 3
  10. 14 minutes ago, Captainant said:

    So youre betting against society functioning and actively planning for it's collapse - a fundamentally anti-social stance. 

     

    I’m betting on some form of collapse or reordering of our global monetary system. It happens periodically when debt reaches unsustainable levels. Merely observing historical evidence and acting on it. How much that affects the broader world is tbd. I don’t see that as anti-social, just observant and proactive. 
     

    17 minutes ago, Captainant said:

     

    It's funny that for being someone who fears duh gubmint so deeply, you suck so much cop dick. Who do you think is going to be enforcing and executing the law? It's the fucking cops.

     

    Please show me a post where I “suck cop dick”. I’m no big fan of cops in general, as I’ve said here repeatedly. 
     

    19 minutes ago, Captainant said:

     

    Stop being such a goddamn victim in your own small, fearful world. What the fuck even is "financial cancellation"? Some new dumb shit you read from your handlers through zero hedge?

    An example of financial cancelation would be having your bank accounts frozen because of your political beliefs. Happened in Canada. 
     

    • Fuck You 1
  11. 32 minutes ago, Captainant said:

    So you think a million bucks in fortifications buys those kids what, five or ten more minutes, of safety before getting blasted? Gonna need beaucoup bux to cover UPD's response time, hombre.

     

    Also, we shouldn't fortify schools. We should make society less dangerous. Fucking ridiculous. 

    Hey dumbfuck, read BlackLab’s post just above mine.
     

    This is news about Uvalde, thus it goes in this thread. 

    • Hook 'Em 4
    • Fuck You 9
  12. 13 hours ago, Captainant said:

    so it's like a purely anti-social ethos behind your views? Because I can honestly say I've never had the fear that my money was going to be spirited away by the gubmint or that my transactions could be censored, whatever that means lol.

    I just don't understand the brain that's fueled and solely motivated by fear. I'm sorry that your world is so dark and full of terrors

    Nothing anti social. 
     

    I’m just aware of monetary history and how large debt cycles work. There will be further currency debasement, capital controls. It’s going to be a tumultuous time. I’m just looking to protect myself and the fam. 
     

    Regarding censoring of transactions, it’s happened here before. Operation Chokepoint. Then look to the Canadian trucker situation to see how western govts could pursue widespread financial cancelation. It’s not hard to see that trend continuing given the way our culture is moving. Then throw in the potential of CBDCs and then you’d have to perfect facility to perform those actions. 
     

    Bitcoin actually makes me optimistic we’ll be able to avert these things over time, but it’s going to be rocky.

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