VB1001, love it.

Quote from: mindrust on March 16, 2020, 05:58:04 AM

In a world where the FED panic, who am I to not panic? LoL

Hey, after a few days off the forum for fateful reasons, I just posted a long polemic in Politics & Society about how it is panic that will destroy the world. Panic already wrecked your hard-won HODLings. :-/

Quote from: mindrust on March 16, 2020, 05:58:04 AM

I don't know what is safe. Probably nothing. Not gold, not cash, not btc.

Life is not safe.

Quote from: nullius on March 15, 2020, 05:53:59 PM

Life is risk, and death is a part of life.

...destroy within yourself every particle of the sick modern mindset based in the fantasy that the world can be made safe.

Quote from: mindrust on March 16, 2020, 05:58:04 AM

Not gold,

Gold is goldenif you can keep it. No matter where you are, nowadays, good luck with that, if SHTF and you are not very carefully prepared long in advance.

Quote from: mindrust on March 16, 2020, 05:58:04 AM

not cash,

I heard that toilet paper is in high demand.

Quote from: mindrust on March 16, 2020, 05:58:04 AM

not btc.

Was Bitcoin ever safe? It is powerful: A powerful idea that can change the world for the better. Therefore, it has powerful enemies. I bet on Bitcoin.

Quote from: mindrust on March 16, 2020, 05:58:04 AM

this is a complete global meltdown. Many people will die. This is not a small scale war in the Middle East.

Metldown caused by panic. See the trend? Yes, I think it is a meltdown. To increase your chance of surviving it, first of all, dont panic.

Quote from: mindrust on March 16, 2020, 05:58:04 AM

The dollar is pulling a supernova. No matter what the FED do, it will keep going up because the demand is infinite on dollar.

The FED is trying to counter balance it by putting more money into the system but how can you counter infinite demand? By creating infinite supply. That 700billion is nothing. Make it 700 quadrillion.

Quote from: nullius on March 16, 2020, 05:14:56 AM

Is this a good time to HODL fiat?

Whats better than hyperinflation? Infinite inflation?

I know next to nothing about daytrading. I study history. This is exactly the sort of move that is used to suck value out of the marketi.e. out of the populace. Dollar-holders will be left holding the bag. At this point, I think the only question is whether they will lose it all (in which case it is really SHTF), or they will only get sheep-sheared much more than usual, in purchase-power terms.

Pop quiz:

America was a quite free country in 1932 (unlike today!). Pretend that you are an American in 1932.

In 1932, it was also in economic turmoil amidst the throes of the Great Depression.

Do you put all you have left into gold? Congrats, you are now forced to trade it for toilet paper in 1934.

Do you HODL dollars? LOL! *crash*

There was no Bitcoin in 1932.

N.b., I never claimed that Bitcoin was safeespecially in a time of disaster, when more than ever, nothing is safe. Choose your best available options.