NottsRam77
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Posts posted by NottsRam77
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4 hours ago, Comrade 86 said:
The only message you should be pushing is DOYR. That's all the evangelising that's needed, or warranted. You are not an investment specialist and you really need to stop presenting yourself as one. No disrespect intended, but anyone taking your mantra at face value could find themselves in all sorts of bother. To my way of thinking, posting fundamentally flawed advice like the above is shilling, not advising and as you know, I hold Bitcoins myself. Not trying to get on your case here, I just think that for some, the line you are pushing is a very dangerous one.
I have stated throughout this thread MANY a time DOYR and only ever invest what u can afford to lose no matter what u invest in, bitcoin or otherwise
And that video is slightly tongue in cheek, but he has a point at the end of the day.
cash in the bank is losing value annually .. its a fact that no one can argue with
how u beat that inflation is totally down to the individual.
but theres only so many answers right?
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On 12/06/2024 at 07:24, G STAR RAM said:
Might be being thick here but surely they would have been better saving in dollars?
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On 12/06/2024 at 21:11, NottsRam77 said:
Simple terms , and im not being condersending just its hard to explain over text but its bitcoin.
If ur trying to beat inflation and protect the value of ur money over time its bitcoin.
the pound, the peso, the euro lose value against the dollar, the dollar is the worlds currency everyone buys goods and commodities around the world in it, there is a demand for it. Outside of the uk how much demand is there for the pound.. bugger all
so these other currencies lose against the dollar as they are weaker… and they lose to government inflation.
the dollar loses its value against inflation and bitcoin
bitcoin beats inflation
if u dont believe me theres about a million charts showing each asset against the other and inlflation over time
Googled it
in 2002 the peso was 1-1 with the dollar… btc came along 2008/9
so yes btc has expondentially and immeasurably outperformed the dollar in that time frame
what i will say though is back then and for the next however many years no sane person would have seen btc as a store of value as it was literally then this internet magic money.. its come a v v long way since
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23 minutes ago, G STAR RAM said:
But in the example given, would the person have been better holding dollars or Bitcoin?
Simple terms , and im not being condersending just its hard to explain over text but its bitcoin.
If ur trying to beat inflation and protect the value of ur money over time its bitcoin.
the pound, the peso, the euro lose value against the dollar, the dollar is the worlds currency everyone buys goods and commodities around the world in it, there is a demand for it. Outside of the uk how much demand is there for the pound.. bugger all
so these other currencies lose against the dollar as they are weaker… and they lose to government inflation.
the dollar loses its value against inflation and bitcoin
bitcoin beats inflation
if u dont believe me theres about a million charts showing each asset against the other and inlflation over time
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11 hours ago, Stive Pesley said:
Yeah @GboroRam made the same point.
As things stand the value of BTC only has any meaning in relation to how much it is worth in exchange for currency you can actually spend
Plus good luck to any country adopting it as an actual currency, trying to navigate the volatility
If you look at the last 5 years chart of GBP vs USD, it has varied but the difference between the high and the low is only like 30 cents
If you look at the last 5 years of BTC vs USD it's also been up and down the difference between the high and the low is about 60,000 dollars!
You’re debating which dirty shirt to get out of the laundry lol
The message is clear. If you SAVE in ANY fiat currency over time, you’re getting slowly destroy. It is literally a mathematic certainty. The debt based system is designed to expand ad Infinitum.The points you make are about the ability to spend the currency is not a new one. I’ve bought drinks and food numerous times using Bitcoin. The vendor/recipient receives whatever currency they choose to. It doesn’t stop me holding bitcoin in favour of any other fiat.
Do I hold a small amount of fiat? Absolutely I do. There are things I have to buy in fiat and there’s no method yet for me to use direct debits etc.
Bitcoin is currently maturing into the store of value phase of adoption.
Next, timeframe 10-20 years, will be the ‘unit of exchange’ , following that, the unit of account phase.
However, by the time it’s obvious, the opportunity will be greatly reduced compared to what it is today.
It you’re likely to need the money in the coming 1-2 years, then I’d advise caution, and your scepticism may be well advised and well placed.However, if you’re in a position where you can afford to lock a little up and forget about it for 4 years or more, then it’s insanity to hold something that is mathematically certain to be debased.
Here’s a link. When the number on the top left, starts going down. Please let me know, as I’ll be holding Bitcoin whilst you’re all asking yourselves why your bank card doesn’t work. Lol
and now watch this
this is why im so passionate about bitcoin
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12 hours ago, G STAR RAM said:
Might be being thick here but surely they would have been better saving in dollars?
Quite simply if u sit and hold in dollars, pounds or whatever fiat currency u want you are losing that moneys buying power to inflation.
A slightly over the top example, although not with recent inflation. Buy say u saved £1000 4 years ago when a loaf of bread could be bought for £1… 3 years later, 1 horrendous government mini budget and some even worse inflation and those 1000 loaves u could buy and now costing u 1200-1300 pounds
so your losing your buying power
to protect your wealth against inflation you need to keep in assets that will appreciate over time at a faster rate
some try to do it through stocks and shares, some try to do it through gold, some try to do it through property.
i choose to do it through bitcoin because historically its out performed all the others over any sensible time frame.
Property u have maintenance costs, agents fees potentially and having to deal with tenants and its supply is constantly being diluted as more are being built all the time
stocks and shares your investing in companies and hoping their operators and owners make the best decsions that are right for share price.
gold meh…. Buy it, store it… its still being diluated as more is being mined
bitcoin, known supply, easily stored, cant be manipulated by gov policy , no shareholders to pay, etc etc
and it kicks the ass of inflation lol
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On 04/06/2024 at 17:17, cstand said:
Mexico stock market dropped 11% after electing a leftwing president.
Bitcoin now over $70,000 up 2% Gold down 1%
All a bit bizarre but if you live in a country with high inflation, corruption and high death rate Bitcoin might make sense.
It totally makes sense, u have control of ur own money and no one can freeze or confiscate it if u keep it in cold storage. U could cross a border with ur ledger holding millions and millions of dollars and no one would have a clue. Try doing that with gold or hard fiat when escaping conflict or tyranny
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21 hours ago, GboroRam said:
Or dollars.
Yes … but while the value of the peso is being inflated to oblivion against the dollar ….. the value of the dollar is also being inflated away too
the only way to protect your wealth against inflation is to put it into inflation beating assets and historically theres one obvious winner.
also i wouldnt trust a Mexican bank/ gov as far as i could throw it
much rather have self custody of my owm money if i was in a latin american country
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8 hours ago, cstand said:
If you live in an unstable country like Mexico where drug cartels, and corruption is part of every day life it would be very risky to buy Silver or Gold without the drug cartels finding out.Buying crypto would be more secretive unless you brag about, so would be a safer option in a country with a high murder rate.
Obviously there is no guarantee but it is a factor I had never thought about before when considering why people would want to buy crypto instead of PMs
https://worldpopulationreview.com/country-rankings/murder-rate-by-country
Also If u live in mexico or any south american country your being absolutely shafted by inflation as ur local currency continues to go to absolute s*** against the dollar
saving in bitcoin in these countries for that store of wealth / and security of that wealth is an absolute no brainer
The argentinian peso used to trade at 1 : 1 against the dollar
as of this minute is trading just shy of 900 peso to the dollar
Thats why u (they should) save in bitcoin
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Managed to pick up tickets last night for catfish and the bottlemen in cardiff in july …. Cant blinking wait
after a 10 year absence from gigging for several reasons, cant wait to get back on it.
blossoms supported by shed seven also booked for later in the year in manchestaaaaar 🥳🥳
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On 24/05/2024 at 17:37, Ram-Alf said:
I think I understand "bitcoin" and I say that loosely, So how the feck did this Women get to spend so much before being caught?
Tell u what though .. 1.4b to over 3b… thats your hedge against inflation right there lol
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On 21/05/2024 at 20:12, YouRams said:
I can't say I disagree with this article. I commented in a thread a while ago when people were saying PW couldn't attract players that moving to Derby city isn't the most attractive place for a young lad to move his life to.
Its such a shame our city is in major decline, can/will anything be done about it? It has a great football club, great people it deserves some investment.
Good job we’re derby county then isnt it
derbyshire is bloody stunning
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1 hour ago, uttoxram75 said:
The heads of the water boards have a legal obligation to make money for shareholders. They are simply doing capitalism. Without regulation this is what corporations do.
The politicians who have weakened the environmental regulations and allowed them to poison our rivers, lakes and seas should be prosecuted for treason. If a foreign power deliberately polluted our country it would be an act of war.
They do .. but its blatantly obvious that privatised water does not get the best deal / end product for the paying consumer
the idea of privatisation is that it creates competition in the market place which in turn gives the consumer the best possible options and service
ermm.. how can i say it without going off on one.
it doesnt work with water, public money is being syphoned off into private hands aka shareholders, investment in infrastructure is non existent.. cos . Why would they .. that effects profit right.
and ur left with a water system thats negelected to buggery, companies in huge debt, v happy shareholders and public having to boil their water and decide if its worth a swim in the local river next to a floating turd
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1 hour ago, Carl Sagan said:
Hope a lot of the senior staff go to jail for what they've done. Crocodile tears again at the hearing today. Of course it will never happen but I would love to see it, and for it to be a sign that we will not put up with this as a country any longer. Heads of the water boards should come next.
100%
the worst thing about the PO thing is that all 3 political parties had a chance to do something about it and none did. Which says as much about the system we live in tbh
the waterboards are totally fleecing us… and our gov let it happen…energy companys and their record breaking profits.. all while we sit in our onsies and extra blankets cos the heatings so expensive .. i mean wtf?
im not going to make this political but lets just say i for one will be up that thursaday night with a big fat bottle of champers on ice
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The financial monetary system we live in is one big ponzi scheme that will implode eventually (see 2008)
Great Britain is no longer great and i genuinely worry about what it will be like for my kids when theyre my age
Paul warne knows what hes doing, playoff rams in 3 seasons (maybe 2)if we give him that long.
flavoured chocolate sucks and is the work of the devil.
pimms is lush… just no need for all the fruit and stuff with it
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4 hours ago, IlsonDerby said:
Before his injury he was in a purple spell where he looked like the only forward who could put ball in the back of the net. I think he’s someone who’d look better around better players. He’s got technical ability and pace.
Im not disagreeing with u on look better with better around him and he for shee had a magic little purple patch. I just think we can get a lot better and im certainly not suggesting we do that by spending loads.
but hey what do i know, happy to be proved wrong and worst case we own him, warne knows how to get the best out of himi have faith in warne
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2 hours ago, IlsonDerby said:
Other than his time with us his career since 2016 has been spent in the championship?
not bad for league 1 at best!!!
Hardly ripped up trees though has he.. at the tail end of his career now to.. given the position he plays
at best hes a v willing runner who isnt afraid to break past the last man… an underrated trait.
but his end product is average at best, hes brain dead when it comes to getting caught offside and whilst mobile hes not exactly putting the fear of god into a back line in that respect
there will be quicker and better available to us
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Bit disappointed we still have tommy barks, average at league one sure as hell aint champ standard anymore imo
as some have said may not have been the clubs call
- GB SPORTS, jimtastic56 and maydrakin
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10 minutes ago, Magicman said:
Don't agree with Korey Smith being released as that leaves us without anyone in midfield other than Tomo.
But we know we need to be better in midfield , heck most on here vilified CH and early part of the season smith.
think both have their best days behind them, thank them both for what they did for us and we move on to hungrier younger and fitter at what is now a higher level
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On 10/05/2024 at 14:21, Magicman said:
We got enough LBs in Sibley, Elder & Foz.
Id argue none of them are good enough for a serious championship side
foz.. love him.. bit part sure, but wouldnt want to rely on him over a season. Sibley … unpopular opinion im sure but id be worried about him against a semi decent champ winger, plus positionally he still has a lot to learn. But he is still young and learning himself and the role
elder.. meh… again wouldnt want to rely on him.
just depends on budget really in an ideal world id much rather see us with a proper wide outlet with a bit of an engine on them.
but lets see what happens
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On 02/05/2024 at 16:30, Ram a lamb a ding dong said:
Derby 3 Everton 2. Goddard chipped Southall with Bobby Robson watching on.
Why he then didn't get a call up after that wonder-goal, I'll never know
God that side was something else
and that chip
made .. to .. measure
pure class
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12 hours ago, Jourdan said:
People will get bogged down with individuals, when we have to think about the team as a whole.
We don’t necessarily need 11 outstanding individuals to prosper, but we do need individuals that complement the players around them and make the sum of the parts that much better.
As mentioned before, look at the current Ipswich squad. On an individual basis, very few of them if any would have been considered a top Championship player last summer and probably still aren’t now.
However with good coaching and man-management, as a unit, they look fantastic and have carried confidence and momentum through into this season and they are very much deserving of their place in the promotion picture.
The beauty of next season is everyone starts on zero and if we start our preparations today, we have a head start on over a third of the division.
I think thats warnes strength tbh , coaching, man management getting the best out of players
look at didzy last year.. best career scoring season ever at the age he was.
nelson… i wager thats one of his best seasons to boot.
cashin… looks a bloody star destined for the prem tbh.
collins, kept out the side for large chunks last year cos of didzys form but he still managed to squeez another what 17-18 goals out of a guy at the tail end of his career.
nml… again, probably one of his best or most productive seasons
it aint by chance
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6 hours ago, Nuwtfly said:
There's so many you can name where you watch them play for years and think "he's bang average"
And then he joins a side, plays under a manager whose system just suits him perfectly, and wow! Whole new player.
How many of ours players completely transformed under McClaren?
I think Ebou just works here. But, as the pundits said on sportscene last night, Ebou needs to have a controller next to him.
Ebou can disrupt the opposition and get us the ball back, but he's going to need someone who can pass the ball and drive forward with it next to him.
Agree completely
look at that leicester side that won the title
robert huth, marc albrighto… danny simpson was it (someone simpson) all total cast offs and ud never in a million years have them as title winning players but they played a system that suited them to a tee
World of crypto
in The Jim Smith Room
Posted
the interest on your savings wont keep up with inflation, not even close