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SarX
Joined: 28 Mar 2006
Posts: 2159
Location: Alabama |
Hyper Inflation
What are your thoughts on this? I recall most of the comments from the last thread and those that firmly believe it's not a possibility but I am curious if anyone has changed their opinion on this since we are in QE infinity. _________________ I don't think anyone has unlimited time, and that seems like a particularly strange conclusion to draw from about 20 minutes worth of posting on a message board. Hassan-i-Suckah
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Thu Nov 14, 2013 10:17 am |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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lol _________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 10:52 am |
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smurf_king
Joined: 07 Mar 2009
Posts: 4366
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i dunno
perhaps we need the professional intake of our forum experts, hassan and 667.
they both seem very knowledgeable _________________ http://phoenixtears.ca/
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Thu Nov 14, 2013 12:54 pm |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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smurf king the pedophile says we can avoid it by switching to bitcoin, which never goes down in value ever _________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 1:05 pm |
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smurf_king
Joined: 07 Mar 2009
Posts: 4366
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no need to forward message between threads, he's read it and has reached his own conclusions already... try to apply for a job instead and be of some use in your life _________________ http://phoenixtears.ca/
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Thu Nov 14, 2013 1:08 pm |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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why would i get a job when i can invest a small amount of money into bitcoins which will grow in value exponentially forever? think before you post _________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 1:14 pm |
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smurf_king
Joined: 07 Mar 2009
Posts: 4366
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theres a wide gap between thinking and planning and actually going for it. _________________ http://phoenixtears.ca/
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Thu Nov 14, 2013 1:15 pm |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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i just invested $50 in bitcoin, according to smurf king this grows in value exponentially and never goes down so im pretty much set for life. kinda strange no one else does this _________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 1:20 pm |
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SarX
Joined: 28 Mar 2006
Posts: 2159
Location: Alabama |
You don't believe that printing fiat currency forever won't debase the currency to the point it causes hyper inflation? There's no real reason for the government to ever stop because of the impact it will have. It appears to have had an impact on some important metrics already. _________________ I don't think anyone has unlimited time, and that seems like a particularly strange conclusion to draw from about 20 minutes worth of posting on a message board. Hassan-i-Suckah
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Thu Nov 14, 2013 1:20 pm |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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quote:
Originally posted by SarX
You don't believe that printing fiat currency forever won't debase the currency to the point it causes hyper inflation? There's no real reason for the government to ever stop because of the impact it will have. It appears to have had an impact on some important metrics already.
You do not know what you are talking about. _________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 1:20 pm |
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smurf_king
Joined: 07 Mar 2009
Posts: 4366
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quote:
Originally posted by hassan-i-sabbah
i just invested $50 in bitcoin, according to smurf king this grows in value exponentially and never goes down so im pretty much set for life. kinda strange no one else does this
no offense but how do you manage to rely solely on a $50 usd investment? that doesn't even cover up the internet bill _________________ http://phoenixtears.ca/
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Thu Nov 14, 2013 1:21 pm |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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Fiat currency is bad because its the government just arbitrarily deciding the value of the currency, wtf that's crazy! That's why the solution is to tie the value of currency to gold, a mineral with no real use or purpose besides being shiny. _________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 1:24 pm |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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quote:
Originally posted by smurf_king
quote:
Originally posted by hassan-i-sabbah
i just invested $50 in bitcoin, according to smurf king this grows in value exponentially and never goes down so im pretty much set for life. kinda strange no one else does this
no offense but how do you manage to rely solely on a $50 usd investment? that doesn't even cover up the internet bill
I didn't include expenses like my internet connection or my PC, I am talking solely about the amount of money converted into Bitcoin. Think before you post. _________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 1:24 pm |
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kublikhan
Joined: 11 Jul 2003
Posts: 2849
Location: Schaumburg, IL |
QE was implemented to counter the effects of credit destruction that is occuring. Credit destruction is deflationary. Look at M3 and M4 money supply. They crashed after 2008 and even though they have risen since then we still have not hit 2008 levels yet, let alone hit the trajectory of steady growth in the money supply we were on pre 2008. Doesn't look like hyperinflation is something we need to be worrying about anytime soon.
quote:
Originally posted by article
Here are the broadest measures of the US money supply, M3 and M4 as estimated by the Center for Fiscal Stability:
With the total money supply still at an absolute level lower than its 2008 peak, it is obvious that the Federal Reserve in tripling the monetary base - an expansion by
what is in comparison to other components of M4 a relatively small amount
- has been battling staggering deflationary forces. And with the money supply still lower than the 2008 peak and far-below its pre-2008 trend, the Fed is arguably struggling in this battle.
Those who have pointed to massively inflationary forces in the American economy based on a tripling of the monetary base, or even expansion of M2 clearly do not understand that the Fed does not control the money supply. It controls the monetary base, which influences the money supply but the big money in the US economy is created endogenously through credit-creation by traditional banks and shadow banks. The Fed can lead the horse to water by expanding the monetary base, but in such depressionary economic conditions it cannot make the horse drink.
What it also implies is that hyperinflation (and even high inflation) remains the remotest of remote possibilities in the short and medium terms. The overwhelming trend remains deflationary following the bursting of the shadow intermediation bubble in 2008, and to offset this powerful deflationary trend the Fed is highly likely to have to continue to prime the monetary pump Abenomics-style into the foreseeable future.
Even After All The QE, The Money Supply Is Still Shrunken
_________________ Give me a lever long enough and I shall move the world. - Archimedes
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Thu Nov 14, 2013 1:25 pm |
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smurf_king
Joined: 07 Mar 2009
Posts: 4366
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[quote="hassan-i-sabbah"]
quote:
Originally posted by smurf_king
quote:
Originally posted by hassan-i-sabbah
i just invested $50 in bitcoin, according to smurf king this grows in value exponentially and never goes down so im pretty much set for life. kinda strange no one else does this
no offense but how do you manage to rely solely on a $50 usd investment? that doesn't even cover up the internet bill
point of investing is obtaining a profit. $50 investment profit doesn't make up to anyone's life 'modus operandi' as you imply . it just doesn't add up. just sayin.
i repeat, apply for a job and be of some use isntead of replying nonsense
besides, i doubt you have $50 in bitcoins, its just a made-up answer as all of your 64k posts. but prove me wrong, i'll give you a chance to improve your economy.
send me $1 usd to this hash 1HWsCm9uWpar5Bhd8z4RpUBjqQApRbBKxu
if you send it in the next 5 mins i'll send you back $25. i am a man of my word. _________________ http://phoenixtears.ca/
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Thu Nov 14, 2013 1:39 pm |
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TYRYTY
Joined: 09 Oct 2010
Posts: 430
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looks like investing in bitcoins is better solution than removing profi icon
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Thu Nov 14, 2013 1:40 pm |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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quote:
Originally posted by smurf_king
point of investing is obtaining a profit. $50 investment profit doesn't make up to anyone's life 'modus operandi' as you imply . it just doesn't add up. just sayin.
i repeat, apply for a job and be of some use isntead of replying nonsense
besides, i doubt you have $50 in bitcoins, its just a made-up answer as all of your 64k posts. but prove me wrong, i'll give you a chance to improve your economy.
send me $1 usd to this hash 1HWsCm9uWpar5Bhd8z4RpUBjqQApRbBKxu
if you send it in the next 5 mins i'll send you back $25. i am a man of my word.
rofl _________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 1:40 pm |
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smurf_king
Joined: 07 Mar 2009
Posts: 4366
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quote:
Originally posted by hassan-i-sabbah
quote:
Originally posted by smurf_king
point of investing is obtaining a profit. $50 investment profit doesn't make up to anyone's life 'modus operandi' as you imply . it just doesn't add up. just sayin.
i repeat, apply for a job and be of some use isntead of replying nonsense
besides, i doubt you have $50 in bitcoins, its just a made-up answer as all of your 64k posts. but prove me wrong, i'll give you a chance to improve your economy.
send me $1 usd to this hash 1HWsCm9uWpar5Bhd8z4RpUBjqQApRbBKxu
if you send it in the next 5 mins i'll send you back $25. i am a man of my word.
rofl
yeah broken record hassan new aka... you've literally replied 'rofl' 10 times in the last 30mins in this forum. _________________ http://phoenixtears.ca/
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Thu Nov 14, 2013 1:41 pm |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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quote:
Originally posted by smurf_king
quote:
Originally posted by hassan-i-sabbah
quote:
Originally posted by smurf_king
point of investing is obtaining a profit. $50 investment profit doesn't make up to anyone's life 'modus operandi' as you imply . it just doesn't add up. just sayin.
i repeat, apply for a job and be of some use isntead of replying nonsense
besides, i doubt you have $50 in bitcoins, its just a made-up answer as all of your 64k posts. but prove me wrong, i'll give you a chance to improve your economy.
send me $1 usd to this hash 1HWsCm9uWpar5Bhd8z4RpUBjqQApRbBKxu
if you send it in the next 5 mins i'll send you back $25. i am a man of my word.
rofl
yeah broken record hassan new aka... you've literally replied 'rofl' 10 times in the last 30mins in this forum.
Rofl. _________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 1:42 pm |
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SarX
Joined: 28 Mar 2006
Posts: 2159
Location: Alabama |
quote:
Originally posted by hassan-i-sabbah
quote:
Originally posted by SarX
You don't believe that printing fiat currency forever won't debase the currency to the point it causes hyper inflation? There's no real reason for the government to ever stop because of the impact it will have. It appears to have had an impact on some important metrics already.
You do not know what you are talking about.
Considering that I'm posting mostly from articles you're right to some degree, however this information is coming from economic professors and chief global strategists. Your lol's and lmao's are pretty good, but they lack substance. _________________ I don't think anyone has unlimited time, and that seems like a particularly strange conclusion to draw from about 20 minutes worth of posting on a message board. Hassan-i-Suckah
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Thu Nov 14, 2013 1:42 pm |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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quote:
Originally posted by smurf_king
point of investing is obtaining a profit. $50 investment profit doesn't make up to anyone's life 'modus operandi' as you imply . it just doesn't add up. just sayin.
i repeat, apply for a job and be of some use isntead of replying nonsense
besides, i doubt you have $50 in bitcoins, its just a made-up answer as all of your 64k posts. but prove me wrong, i'll give you a chance to improve your economy.
send me $1 usd to this hash 1HWsCm9uWpar5Bhd8z4RpUBjqQApRbBKxu
if you send it in the next 5 mins i'll send you back $25. i am a man of my word.
_________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 1:42 pm |
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smurf_king
Joined: 07 Mar 2009
Posts: 4366
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denial connotes assent
_________________ http://phoenixtears.ca/
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Thu Nov 14, 2013 1:43 pm |
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SarX
Joined: 28 Mar 2006
Posts: 2159
Location: Alabama |
Thanks for the reply Kub. Could you take a look at this link and let me know what you think?
http://www.shadowstats.com/alternate_data/money-supply-charts _________________ I don't think anyone has unlimited time, and that seems like a particularly strange conclusion to draw from about 20 minutes worth of posting on a message board. Hassan-i-Suckah
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Thu Nov 14, 2013 1:43 pm |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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quote:
Originally posted by SarX
Considering that I'm posting mostly from articles you're right to some degree, however this information is coming from economic professors and chief global strategists. Your lol's and lmao's are pretty good, but they lack substance.
"you're right, i have no clue what i'm talking about, i just believe whatever the last article i read says, but you shouldnt laugh at me because..." _________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 1:43 pm |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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quote:
Originally posted by SarX
Thanks for the reply Kub. Could you take a look at this link and let me know what you think?
http://www.shadowstats.com/alternate_data/money-supply-charts
Shadow Government Statistics
Analysis Behind and Beyond Government Economic Reporting _________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 1:44 pm |
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SarX
Joined: 28 Mar 2006
Posts: 2159
Location: Alabama |
quote:
Originally posted by hassan-i-sabbah
quote:
Originally posted by SarX
Considering that I'm posting mostly from articles you're right to some degree, however this information is coming from economic professors and chief global strategists. Your lol's and lmao's are pretty good, but they lack substance.
"you're right, i have no clue what i'm talking about, i just believe whatever the last article i read says, but you shouldnt laugh at me because..."
I should just believe whatever you say because you're obviously more informed and hold a degree in what exactly? _________________ I don't think anyone has unlimited time, and that seems like a particularly strange conclusion to draw from about 20 minutes worth of posting on a message board. Hassan-i-Suckah
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Thu Nov 14, 2013 1:49 pm |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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quote:
Originally posted by SarX
quote:
Originally posted by hassan-i-sabbah
quote:
Originally posted by SarX
Considering that I'm posting mostly from articles you're right to some degree, however this information is coming from economic professors and chief global strategists. Your lol's and lmao's are pretty good, but they lack substance.
"you're right, i have no clue what i'm talking about, i just believe whatever the last article i read says, but you shouldnt laugh at me because..."
I should just believe whatever you say because you're obviously more informed and hold a degree in what exactly?
i haven't really offered you any clear advice on this question except "maybe you shouldn't believe whatever random conspiracy theory blog you're reading." if you wish to discard that advice because you don't think i'm qualified to give it go ahead _________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 1:56 pm |
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hassan-i-sabbah
Joined: 10 Nov 2006
Posts: 27424
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but yeah good point, everyone with an economics degree (lol) agrees bitcoin owns and therefore theres nothing wrong with it _________________
quote:
Originally posted by turtleman
A normal person wouldn't say that in real life because it's ridiculous and insulting. Yet here you are spouting the most hateful garbage that your demons can muster out of your darkened soul. All because of the internet.
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Thu Nov 14, 2013 1:57 pm |
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-667-
Joined: 21 Nov 2001
Posts: 5886
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quote:
Originally posted by smurf_king
i dunno
perhaps we need the professional intake of our forum experts, hassan and 667.
they both seem very knowledgeable
Personally, I plan on making the smart and safe investment:
I will convert all my money into virtual shitcoins. Well almost all of it, I think I will buy some silver and gold because Ron Paul said so. _________________ "...667 seems to be bereft of anything but silly personal attacks and a general vomitory of retardation"
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Thu Nov 14, 2013 2:40 pm |
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foonat
Joined: 09 Mar 2003
Posts: 7716
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I actually quit my job today because I was able to purchase enough Bitcoins that, after they appreciate 10000000 percent in the next week, I will be able to retire. Thank you, Ron Paul. Thank you, Smurf King. _________________
quote:
Originally posted by smurf_king
i rather be a pedophile than a homo
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Thu Nov 14, 2013 2:43 pm |
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