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Southmartin

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Southmartin last won the day on May 26 2019

Southmartin had the most liked content!

About Southmartin

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  1. What??? They can't strike... Who the fuck's going to make all those TikTok videos? Selfish bastards... I would promise to never clap for any of them again... but seeing as I didn't do that the first time it's a bit of an empty gesture.
  2. Yeah? Well I know lots of women who've had more than one kid... You try finding a bloke who's caught his cock in his fly more than once!! - now that's real pain ;-)
  3. Southmartin

    20k

    No not that much. Not Sterling either... but fair point. Feel free to delete the original, post please!
  4. Southmartin

    20k

    Ha ha! that's a fair point, and i'll take my medicine when it's time to do so... Today has been brutal in crypto world.. i'm down about 100k... so it smarts a bit Still up over half a mil though... so i'm not complaining. As the crypto meme goes, "If you can't take the 30% dips, you don't deserver the 600% gains" This is not my first market crash.. I doubt it'll be the last either
  5. most of the women i've met said I was 5 inches smaller than promised too..
  6. Southmartin

    20k

    I'll try to TL;DR Something which is rare has a higher value than something which isn't rare and can be created very easily. Apply that logic to anything you can think of, and i'm sure it'll be true in 99% of cases. When it comes to money, BTC is very very rare... about 18 million of them in total (not 21m as loads have been permanenty lost). Compare that to how much currency there is in the system, stocks, derivatives etc -and the rate at which that is expanding. If you don't understand it, or can't get your head around it then that's fine. But just realise that people su
  7. Southmartin

    20k

    Yes that's a fair point.. I used the 'top 100' just as an example. But I bet there is easily a trillion looking to get in from the sidelines across the whole of corporate America.. let alone the rest of the world. However what big companies do have is the ability to borrow money very cheaply (sometimes at 0% from the central banks). In that scenario, wouldn't it make sense to buy an appreciating asset? and watch as those same banks continue to debase the very thing they've loaded you. Essentially you'd be spending it at full value, and repaying at a fraction of that.
  8. Southmartin

    20k

    Simple maths... Let's say for example, that everyone of the top 100 US companies want to hedge 5% of their balance sheets into BTC.. and that is a USD value of 1 trillion... well all that money rushing into BTC is going to push the market cap up well over a trillion As i keep saying. There is no 'max upside' for BTC, because it's priced in units that can be invented at will - thus there's no max downside to the value of the dollar. Simple maths... Let's say for example, that everyone of the top 100 US companies want to hedge 5% of their balance sheets into BTC.. and that is a USD v
  9. Southmartin

    20k

    Simple maths... Let's say for example, that everyone of the top 100 US companies want to hedge 5% of their balance sheets into BTC.. and that is a USD value of 1 trillion... well all that money rushing into BTC is going to push the market cap up well over a trillion As i keep saying. There is no 'max upside' for BTC, because it's priced in units that can be invented at will - thus there's no max downside to the value of the dollar.
  10. Southmartin

    20k

    Remember, the risk of buying BTC now is far far less than when it was at $100... at $100 it could go to zero or be usurped by a competitor. Now (with all the huge institutional interest)it'll never go to zero!
  11. Southmartin

    20k

    You're 180˚ wrong. BTC is the hardest of hard money. It is the only thing which has a solid hard max number, easily portable, divisible and can be sent anywhere quickly. The cost in acquiring BTC is directly linked to the difficulty in mining one (e.g. the electricity and hardware costs) Yes you could launch your own crypto - in fact thousands have. The tough bit is getting anyone else to buy it from you, or spend their resources mining for it. But hey, if you think people would pay for your 'SheepcoinTM' then go nuts and have go... Though trying to divide each one into fractions, and se
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