@everluck
29The way to free the world is to vibrate to the highest frequencies. Love will free us all because Love vibrates at the highest frequency.
steemit.com/@everluckVOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS12.73%
Net Worth
0.121USD
STEEM
0.000STEEM
SBD
0.176SBD
Effective Power
5.007SP
├── Own SP
0.635SP
└── Incoming DelegationsDeleg
+4.372SP
Detailed Balance
| STEEM | ||
| balance | 0.000STEEM | STEEM |
| market_balance | 0.000STEEM | STEEM |
| savings_balance | 0.000STEEM | STEEM |
| reward_steem_balance | 0.000STEEM | STEEM |
| STEEM POWER | ||
| Own SP | 0.635SP | SP |
| Delegated Out | 0.000SP | SP |
| Delegation In | 4.372SP | SP |
| Effective Power | 5.007SP | SP |
| Reward SP (pending) | 0.173SP | SP |
| SBD | ||
| sbd_balance | 0.002SBD | SBD |
| sbd_conversions | 0.000SBD | SBD |
| sbd_market_balance | 0.000SBD | SBD |
| savings_sbd_balance | 0.000SBD | SBD |
| reward_sbd_balance | 0.174SBD | SBD |
{
"balance": "0.000 STEEM",
"savings_balance": "0.000 STEEM",
"reward_steem_balance": "0.000 STEEM",
"vesting_shares": "1033.101561 VESTS",
"delegated_vesting_shares": "0.000000 VESTS",
"received_vesting_shares": "7110.558245 VESTS",
"sbd_balance": "0.002 SBD",
"savings_sbd_balance": "0.000 SBD",
"reward_sbd_balance": "0.174 SBD",
"conversions": []
}Account Info
| name | everluck |
| id | 280227 |
| rank | 957,642 |
| reputation | 2874677479 |
| created | 2017-07-24T22:10:18 |
| recovery_account | steem |
| proxy | None |
| post_count | 27 |
| comment_count | 0 |
| lifetime_vote_count | 0 |
| witnesses_voted_for | 0 |
| last_post | 2018-02-09T08:40:54 |
| last_root_post | 2017-12-16T03:08:30 |
| last_vote_time | 2018-02-10T04:50:45 |
| proxied_vsf_votes | 0, 0, 0, 0 |
| can_vote | 1 |
| voting_power | 0 |
| delayed_votes | 0 |
| balance | 0.000 STEEM |
| savings_balance | 0.000 STEEM |
| sbd_balance | 0.002 SBD |
| savings_sbd_balance | 0.000 SBD |
| vesting_shares | 1033.101561 VESTS |
| delegated_vesting_shares | 0.000000 VESTS |
| received_vesting_shares | 7110.558245 VESTS |
| reward_vesting_balance | 356.052982 VESTS |
| vesting_balance | 0.000 STEEM |
| vesting_withdraw_rate | 0.000000 VESTS |
| next_vesting_withdrawal | 1969-12-31T23:59:59 |
| withdrawn | 0 |
| to_withdraw | 0 |
| withdraw_routes | 0 |
| savings_withdraw_requests | 0 |
| last_account_recovery | 1970-01-01T00:00:00 |
| reset_account | null |
| last_owner_update | 1970-01-01T00:00:00 |
| last_account_update | 2017-09-16T18:37:24 |
| mined | No |
| sbd_seconds | 0 |
| sbd_last_interest_payment | 2018-03-23T05:01:42 |
| savings_sbd_last_interest_payment | 1970-01-01T00:00:00 |
{
"active": {
"account_auths": [],
"key_auths": [
[
"STM7qcY7Bziqcpmu75x9dG6LbMnBaKg17j7BHMEPVigtguerhcBDu",
1
]
],
"weight_threshold": 1
},
"balance": "0.000 STEEM",
"can_vote": true,
"comment_count": 0,
"created": "2017-07-24T22:10:18",
"curation_rewards": 5,
"delegated_vesting_shares": "0.000000 VESTS",
"downvote_manabar": {
"current_mana": 2035914951,
"last_update_time": 1779062829
},
"guest_bloggers": [],
"id": 280227,
"json_metadata": "{\"profile\":{\"about\":\"The way to free the world is to vibrate to the highest frequencies. Love will free us all because Love vibrates at the highest frequency.\"}}",
"last_account_recovery": "1970-01-01T00:00:00",
"last_account_update": "2017-09-16T18:37:24",
"last_owner_update": "1970-01-01T00:00:00",
"last_post": "2018-02-09T08:40:54",
"last_root_post": "2017-12-16T03:08:30",
"last_vote_time": "2018-02-10T04:50:45",
"lifetime_vote_count": 0,
"market_history": [],
"memo_key": "STM7264tZPyAWAzLD5eyBTRHeAoM8Fj31ebCTdoKNx9ioEgv2mGQh",
"mined": false,
"name": "everluck",
"next_vesting_withdrawal": "1969-12-31T23:59:59",
"other_history": [],
"owner": {
"account_auths": [],
"key_auths": [
[
"STM7NaUHZEDnN85ACTNs5D8jmSHV2GUVZbFmuNHWpompQFdVhiHtw",
1
]
],
"weight_threshold": 1
},
"pending_claimed_accounts": 0,
"post_bandwidth": 0,
"post_count": 27,
"post_history": [],
"posting": {
"account_auths": [],
"key_auths": [
[
"STM62gMbq7N2LDr7ghpGNkqYngijHB8tkyypLjHCBRDiBBeX15LnS",
1
]
],
"weight_threshold": 1
},
"posting_json_metadata": "{\"profile\":{\"about\":\"The way to free the world is to vibrate to the highest frequencies. Love will free us all because Love vibrates at the highest frequency.\"}}",
"posting_rewards": 320,
"proxied_vsf_votes": [
0,
0,
0,
0
],
"proxy": "",
"received_vesting_shares": "7110.558245 VESTS",
"recovery_account": "steem",
"reputation": 2874677479,
"reset_account": "null",
"reward_sbd_balance": "0.174 SBD",
"reward_steem_balance": "0.000 STEEM",
"reward_vesting_balance": "356.052982 VESTS",
"reward_vesting_steem": "0.173 STEEM",
"savings_balance": "0.000 STEEM",
"savings_sbd_balance": "0.000 SBD",
"savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
"savings_sbd_seconds": "0",
"savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
"savings_withdraw_requests": 0,
"sbd_balance": "0.002 SBD",
"sbd_last_interest_payment": "2018-03-23T05:01:42",
"sbd_seconds": "0",
"sbd_seconds_last_update": "2018-03-23T05:01:42",
"tags_usage": [],
"to_withdraw": 0,
"transfer_history": [],
"vesting_balance": "0.000 STEEM",
"vesting_shares": "1033.101561 VESTS",
"vesting_withdraw_rate": "0.000000 VESTS",
"vote_history": [],
"voting_manabar": {
"current_mana": "8143659806",
"last_update_time": 1779062829
},
"voting_power": 0,
"withdraw_routes": 0,
"withdrawn": 0,
"witness_votes": [],
"witnesses_voted_for": 0,
"rank": 957642
}Withdraw Routes
| Incoming | Outgoing |
|---|---|
Empty | Empty |
{
"incoming": [],
"outgoing": []
}From Date
To Date
2026/05/18 00:07:09
2026/05/18 00:07:09
| delegatee | everluck |
| delegator | steem |
| vesting shares | 7110.558245 VESTS |
| Transaction Info | Block #106143289/Trx f7d28079ab18315810602167ecb61df40aa729ca |
View Raw JSON Data
{
"block": 106143289,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "7110.558245 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-05-18T00:07:09",
"trx_id": "f7d28079ab18315810602167ecb61df40aa729ca",
"trx_in_block": 2,
"virtual_op": 0
}2026/05/12 03:17:39
2026/05/12 03:17:39
| delegatee | everluck |
| delegator | steem |
| vesting shares | 4398.347840 VESTS |
| Transaction Info | Block #105975055/Trx 764c478ccab007388e3f43b53a02f8b32093b088 |
View Raw JSON Data
{
"block": 105975055,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "4398.347840 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-05-12T03:17:39",
"trx_id": "764c478ccab007388e3f43b53a02f8b32093b088",
"trx_in_block": 0,
"virtual_op": 0
}2026/04/25 23:28:24
2026/04/25 23:28:24
| delegatee | everluck |
| delegator | steem |
| vesting shares | 7123.074001 VESTS |
| Transaction Info | Block #105510946/Trx d7a9fd49c74c0723448c37cf8fe4f5691e5b97a4 |
View Raw JSON Data
{
"block": 105510946,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "7123.074001 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-04-25T23:28:24",
"trx_id": "d7a9fd49c74c0723448c37cf8fe4f5691e5b97a4",
"trx_in_block": 0,
"virtual_op": 0
}2026/01/23 07:26:06
2026/01/23 07:26:06
| delegatee | everluck |
| delegator | steem |
| vesting shares | 4439.894659 VESTS |
| Transaction Info | Block #102851369/Trx 927ee37a26bafac6f2b14953f0cc84821b5ffe0d |
View Raw JSON Data
{
"block": 102851369,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "4439.894659 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2026-01-23T07:26:06",
"trx_id": "927ee37a26bafac6f2b14953f0cc84821b5ffe0d",
"trx_in_block": 2,
"virtual_op": 0
}2024/12/17 02:45:36
2024/12/17 02:45:36
| delegatee | everluck |
| delegator | steem |
| vesting shares | 4604.113856 VESTS |
| Transaction Info | Block #91297788/Trx 520c324a59468a36e8f4c79d9ace785e3c12c439 |
View Raw JSON Data
{
"block": 91297788,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "4604.113856 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2024-12-17T02:45:36",
"trx_id": "520c324a59468a36e8f4c79d9ace785e3c12c439",
"trx_in_block": 4,
"virtual_op": 0
}2023/11/13 18:28:30
2023/11/13 18:28:30
| delegatee | everluck |
| delegator | steem |
| vesting shares | 4773.247388 VESTS |
| Transaction Info | Block #79851990/Trx 9e248d77cb3503561637fddd3182ea0e2555f641 |
View Raw JSON Data
{
"block": 79851990,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "4773.247388 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2023-11-13T18:28:30",
"trx_id": "9e248d77cb3503561637fddd3182ea0e2555f641",
"trx_in_block": 0,
"virtual_op": 0
}2023/09/21 21:40:06
2023/09/21 21:40:06
| delegatee | everluck |
| delegator | steem |
| vesting shares | 7710.526174 VESTS |
| Transaction Info | Block #78347633/Trx f21f8099b98f1ba98f34fad677d7476e1b19f0ee |
View Raw JSON Data
{
"block": 78347633,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "7710.526174 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2023-09-21T21:40:06",
"trx_id": "f21f8099b98f1ba98f34fad677d7476e1b19f0ee",
"trx_in_block": 0,
"virtual_op": 0
}2022/11/03 11:29:21
2022/11/03 11:29:21
| delegatee | everluck |
| delegator | steem |
| vesting shares | 7932.207612 VESTS |
| Transaction Info | Block #69113005/Trx c864a0143ca019811c76ab96e2d37221e8278465 |
View Raw JSON Data
{
"block": 69113005,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "7932.207612 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2022-11-03T11:29:21",
"trx_id": "c864a0143ca019811c76ab96e2d37221e8278465",
"trx_in_block": 4,
"virtual_op": 0
}2022/01/17 10:46:18
2022/01/17 10:46:18
| delegatee | everluck |
| delegator | steem |
| vesting shares | 8152.740843 VESTS |
| Transaction Info | Block #60809192/Trx 50383603449f9b34d60fdbaf4ad06a8188c02c57 |
View Raw JSON Data
{
"block": 60809192,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "8152.740843 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2022-01-17T10:46:18",
"trx_id": "50383603449f9b34d60fdbaf4ad06a8188c02c57",
"trx_in_block": 5,
"virtual_op": 0
}2021/06/14 00:42:00
2021/06/14 00:42:00
| delegatee | everluck |
| delegator | steem |
| vesting shares | 8336.509501 VESTS |
| Transaction Info | Block #54607589/Trx bcf4b7b0972b159c70bc82c201d011181dfcb1c1 |
View Raw JSON Data
{
"block": 54607589,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "8336.509501 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2021-06-14T00:42:00",
"trx_id": "bcf4b7b0972b159c70bc82c201d011181dfcb1c1",
"trx_in_block": 10,
"virtual_op": 0
}2020/12/11 11:01:00
2020/12/11 11:01:00
| delegatee | everluck |
| delegator | steem |
| vesting shares | 8523.931475 VESTS |
| Transaction Info | Block #49355051/Trx ce2c66ed28e681f650ed3dad7d42cf12b15e4ce8 |
View Raw JSON Data
{
"block": 49355051,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "8523.931475 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-12-11T11:01:00",
"trx_id": "ce2c66ed28e681f650ed3dad7d42cf12b15e4ce8",
"trx_in_block": 5,
"virtual_op": 0
}2020/12/06 04:38:15
2020/12/06 04:38:15
| delegatee | everluck |
| delegator | steem |
| vesting shares | 1912.543513 VESTS |
| Transaction Info | Block #49206617/Trx b3c43db448a93b4848296ea58e12d03e346e1187 |
View Raw JSON Data
{
"block": 49206617,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "1912.543513 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-12-06T04:38:15",
"trx_id": "b3c43db448a93b4848296ea58e12d03e346e1187",
"trx_in_block": 4,
"virtual_op": 0
}2020/12/05 14:39:15
2020/12/05 14:39:15
| delegatee | everluck |
| delegator | steem |
| vesting shares | 8530.139329 VESTS |
| Transaction Info | Block #49190152/Trx cc16879eaed1a2e7e12c9be2e3fd3eadca21d2d5 |
View Raw JSON Data
{
"block": 49190152,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "8530.139329 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-12-05T14:39:15",
"trx_id": "cc16879eaed1a2e7e12c9be2e3fd3eadca21d2d5",
"trx_in_block": 6,
"virtual_op": 0
}2020/11/02 15:20:12
2020/11/02 15:20:12
| delegatee | everluck |
| delegator | steem |
| vesting shares | 1920.017158 VESTS |
| Transaction Info | Block #48257445/Trx 13fc192a8388de58700e32341aaaf3d148f2e9c3 |
View Raw JSON Data
{
"block": 48257445,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "1920.017158 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-11-02T15:20:12",
"trx_id": "13fc192a8388de58700e32341aaaf3d148f2e9c3",
"trx_in_block": 8,
"virtual_op": 0
}2020/05/09 05:35:24
2020/05/09 05:35:24
| delegatee | everluck |
| delegator | steem |
| vesting shares | 8732.944688 VESTS |
| Transaction Info | Block #43216861/Trx 85ca9edc507b6d88be008bae567d61a33d7993c4 |
View Raw JSON Data
{
"block": 43216861,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "8732.944688 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-05-09T05:35:24",
"trx_id": "85ca9edc507b6d88be008bae567d61a33d7993c4",
"trx_in_block": 1,
"virtual_op": 0
}2020/05/08 09:10:27
2020/05/08 09:10:27
| delegatee | everluck |
| delegator | steem |
| vesting shares | 1953.311140 VESTS |
| Transaction Info | Block #43192939/Trx 115bd26ce9161ad031657685c016bcaf1e6f113e |
View Raw JSON Data
{
"block": 43192939,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "1953.311140 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-05-08T09:10:27",
"trx_id": "115bd26ce9161ad031657685c016bcaf1e6f113e",
"trx_in_block": 5,
"virtual_op": 0
}2020/04/15 21:31:42
2020/04/15 21:31:42
| delegatee | everluck |
| delegator | steem |
| vesting shares | 8745.922107 VESTS |
| Transaction Info | Block #42562460/Trx 41ff0ca58d515264b2a2d157aa01ddd9cdf39936 |
View Raw JSON Data
{
"block": 42562460,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "8745.922107 VESTS"
}
],
"op_in_trx": 0,
"timestamp": "2020-04-15T21:31:42",
"trx_id": "41ff0ca58d515264b2a2d157aa01ddd9cdf39936",
"trx_in_block": 23,
"virtual_op": 0
}2019/07/24 22:49:54
2019/07/24 22:49:54
| author | steemitboard |
| body | Congratulations @everluck! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@everluck/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@everluck) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=everluck)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes! |
| json metadata | {"image":["https://steemitboard.com/img/notify.png"]} |
| parent author | everluck |
| parent permlink | this-cryptocurrency-video-absolutely-gave-me-chills |
| permlink | steemitboard-notify-everluck-20190724t224953000z |
| title | |
| Transaction Info | Block #34954891/Trx b6b07a8dd73d6dfb1c1ab263ede5fe4ccad2a893 |
View Raw JSON Data
{
"block": 34954891,
"op": [
"comment",
{
"author": "steemitboard",
"body": "Congratulations @everluck! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@everluck/birthday2.png</td><td>Happy Birthday! - You are on the Steem blockchain for 2 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@everluck) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=everluck)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
"json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
"parent_author": "everluck",
"parent_permlink": "this-cryptocurrency-video-absolutely-gave-me-chills",
"permlink": "steemitboard-notify-everluck-20190724t224953000z",
"title": ""
}
],
"op_in_trx": 0,
"timestamp": "2019-07-24T22:49:54",
"trx_id": "b6b07a8dd73d6dfb1c1ab263ede5fe4ccad2a893",
"trx_in_block": 10,
"virtual_op": 0
}2019/05/12 14:46:36
2019/05/12 14:46:36
| delegatee | everluck |
| delegator | steem |
| vesting shares | 8941.544912 VESTS |
| Transaction Info | Block #32845335/Trx bd269e1f436c7daa03808f4fc03c30795bf5ba40 |
View Raw JSON Data
{
"block": 32845335,
"op": [
"delegate_vesting_shares",
{
"delegatee": "everluck",
"delegator": "steem",
"vesting_shares": "8941.544912 VESTS"
}
],
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}jamiejupvoted (100.00%) @everluck / here-s-why-peter-schiff-hates-bitcoin-cryptocurrencies-vs-gold2019/01/02 23:17:27
jamiejupvoted (100.00%) @everluck / here-s-why-peter-schiff-hates-bitcoin-cryptocurrencies-vs-gold
2019/01/02 23:17:27
| author | everluck |
| permlink | here-s-why-peter-schiff-hates-bitcoin-cryptocurrencies-vs-gold |
| voter | jamiej |
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}ashokredduupvoted (100.00%) @everluck / here-s-why-peter-schiff-hates-bitcoin-cryptocurrencies-vs-gold2018/09/11 11:39:06
ashokredduupvoted (100.00%) @everluck / here-s-why-peter-schiff-hates-bitcoin-cryptocurrencies-vs-gold
2018/09/11 11:39:06
| author | everluck |
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}2018/05/16 20:16:36
2018/05/16 20:16:36
| delegatee | everluck |
| delegator | steem |
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2018/03/23 05:01:42
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| memo | LIMITED OFFER! Send 1 SBD or STEEM to @steempromos with post URL in Memo and get 4 SBD upvote on your post. Pre-service-launch PROMOTION is valid till 1st april only so hurry up! |
| to | everluck |
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2018/03/23 04:51:36
| amount | 0.001 SBD |
| from | alesno1 |
| memo | LIMITED OFFER! Send 1 SBD or STEEM to @steempromos with post URL in Memo and get 4 SBD upvote on your post. Pre-service-launch PROMOTION is valid till 1st april only so hurry up! |
| to | everluck |
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2018/02/10 04:50:54
| author | solarisastro |
| permlink | re-sh13-re-solarisastro-the-astrology-of-bitcoin-the-rise-and-fall-of-the-world-s-first-cryptocurrency-20180202t190732205z |
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2018/02/10 04:50:45
| author | solarisastro |
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2018/02/09 08:40:54
| author | everluck |
| body | Im not sure if this is the right one... but maybe? https://www.reddit.com/r/btc/comments/7osq30/bitcoin_cash_question_regarding_the_split_and/dsdup8x/ |
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| permlink | re-solarisastro-re-everluck-re-solarisastro-the-astrology-of-bitcoin-the-rise-and-fall-of-the-world-s-first-cryptocurrency-20180209t084055945z |
| title | |
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2018/02/08 00:27:36
| author | astrolowitchy |
| body | thank you! |
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| permlink | re-everluck-re-astrolowitchy-cryptocurrency-and-uranus-in-taurus-20180208t002729487z |
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2018/02/08 00:27:24
| author | everluck |
| permlink | re-astrolowitchy-cryptocurrency-and-uranus-in-taurus-20180206t083509789z |
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2018/02/06 22:07:00
| author | solarisastro |
| body | I can do it for anything, if I have an exact start date... |
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| parent permlink | re-solarisastro-the-astrology-of-bitcoin-the-rise-and-fall-of-the-world-s-first-cryptocurrency-20180206t083849305z |
| permlink | re-everluck-re-solarisastro-the-astrology-of-bitcoin-the-rise-and-fall-of-the-world-s-first-cryptocurrency-20180206t220703495z |
| title | |
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2018/02/06 08:41:03
| author | everluck |
| body | Time to load up on steem coins then lol |
| json metadata | {"tags":["astrology"],"app":"steemit/0.1"} |
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| parent permlink | a-not-so-happy-birthday-for-facebook |
| permlink | re-solarisastro-a-not-so-happy-birthday-for-facebook-20180206t084102118z |
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}everluckupvoted (100.00%) @solarisastro / a-not-so-happy-birthday-for-facebook2018/02/06 08:40:18
everluckupvoted (100.00%) @solarisastro / a-not-so-happy-birthday-for-facebook
2018/02/06 08:40:18
| author | solarisastro |
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2018/02/06 08:38:51
| author | everluck |
| body | Thanks for this! Can you do one for bitcoin Cash too? :) |
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| parent permlink | the-astrology-of-bitcoin-the-rise-and-fall-of-the-world-s-first-cryptocurrency |
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}everluckfollowed @solarisastro2018/02/06 08:37:30
everluckfollowed @solarisastro
2018/02/06 08:37:30
| id | follow |
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}everluckupvoted (100.00%) @solarisastro / anybody-interested-in-astrology2018/02/06 08:37:24
everluckupvoted (100.00%) @solarisastro / anybody-interested-in-astrology
2018/02/06 08:37:24
| author | solarisastro |
| permlink | anybody-interested-in-astrology |
| voter | everluck |
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2018/02/06 08:37:21
| author | everluck |
| body | just starting my wonderful journey to astrology. Looking forward for your posts! |
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| permlink | re-solarisastro-anybody-interested-in-astrology-20180206t083718942z |
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}everluckfollowed @astrolowitchy2018/02/06 08:35:30
everluckfollowed @astrolowitchy
2018/02/06 08:35:30
| id | follow |
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}everluckupvoted (100.00%) @astrolowitchy / cryptocurrency-and-uranus-in-taurus2018/02/06 08:35:21
everluckupvoted (100.00%) @astrolowitchy / cryptocurrency-and-uranus-in-taurus
2018/02/06 08:35:21
| author | astrolowitchy |
| permlink | cryptocurrency-and-uranus-in-taurus |
| voter | everluck |
| weight | 10000 (100.00%) |
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2018/02/06 08:35:12
| author | everluck |
| body | Awesome!! |
| json metadata | {"tags":["cryptocurrency"],"app":"steemit/0.1"} |
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| permlink | re-astrolowitchy-cryptocurrency-and-uranus-in-taurus-20180206t083509789z |
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}everluckreceived 0.018 SP author reward for @everluck / this-cryptocurrency-video-absolutely-gave-me-chills2017/12/23 03:08:30
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2017/12/23 03:08:30
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}cultura.bitcoinupvoted (100.00%) @everluck / this-cryptocurrency-video-absolutely-gave-me-chills2017/12/16 03:34:36
cultura.bitcoinupvoted (100.00%) @everluck / this-cryptocurrency-video-absolutely-gave-me-chills
2017/12/16 03:34:36
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2017/12/16 03:12:54
| author | meyrep |
| body | Only a few cryptos will survive in the long term. Many others will be pump and dump coins so you should invest with caution. |
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}everluckpublished a new post: this-cryptocurrency-video-absolutely-gave-me-chills2017/12/16 03:09:24
everluckpublished a new post: this-cryptocurrency-video-absolutely-gave-me-chills
2017/12/16 03:09:24
| author | everluck |
| body | @@ -1,8 +1,99 @@ +Not a FUD post, solutions below. Video here:%0A%0Ahttps://www.youtube.com/watch?v=1BfMFOd0-l0%0A%0A For the @@ -403,99 +403,8 @@ e.%0A%0A -Not a FUD post, solutions below. Video here:%0A%0Ahttps://www.youtube.com/watch?v=1BfMFOd0-l0%0A%0A __I |
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| permlink | this-cryptocurrency-video-absolutely-gave-me-chills |
| title | This CryptoCurrency Video Absolutely gave me Chills!! |
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}estronitexupvoted (100.00%) @everluck / this-cryptocurrency-video-absolutely-gave-me-chills2017/12/16 03:09:00
estronitexupvoted (100.00%) @everluck / this-cryptocurrency-video-absolutely-gave-me-chills
2017/12/16 03:09:00
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}everluckupdated options for this-cryptocurrency-video-absolutely-gave-me-chills2017/12/16 03:08:30
everluckupdated options for this-cryptocurrency-video-absolutely-gave-me-chills
2017/12/16 03:08:30
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}everluckpublished a new post: this-cryptocurrency-video-absolutely-gave-me-chills2017/12/16 03:08:30
everluckpublished a new post: this-cryptocurrency-video-absolutely-gave-me-chills
2017/12/16 03:08:30
| author | everluck |
| body | For the record, I still believe in Crypto. One way to find out if our cryptos have been hacked, and are still being controlled by bankers, is "if we are still paying high fees and taxes." As for ridiculously high fees... "ahem," one coin is already plagued with that problem. As for taxes, it's still very vague. Not a FUD post, solutions below. Video here: https://www.youtube.com/watch?v=1BfMFOd0-l0 __I believe that pandora’s box is the word “decentralized.”__ That word never existed in the consciousness of humanity before. All humans have only heard about centralized/or slavery, but never considered the concept of decentralization to be in the realm of possibility. Even if coins are being hijacked right now, that word having been unleashed to the world, will enter some 14 yr old kid’s head and have him typing a revolutionary, new ‘decentralized’ blockchain in his room and unleashing it to the world. ## __Pandora’s blockchain has been opened.__ ----------------- The word decentralized have entered the mainstream, it can’t be taken back. The future is promising. We'll know for sure that we are free, when we're paying extremely low fees and (maybe) extremely low taxes. I am talking about cents here. ## But but but... -------------- __How can we build highways if we don't pay taxes?__ We're not. The gov't is NOT using your so called "taxes" to build roads. They are instead, borrowing money from the world bank to build roads and have the next generation pay for it. __So... where do our taxes go?__ Most of our taxes are used to fund military operations. Our 18 yr old kids are sent to other countries to kill other 18 yr old kids and steal their oil.  > Actually, some have pointed out that it's actually more than 600B, it's actually closer to a trillion bucks. Hidden funds are transported secretly somewhere to spend in clasdestine operations. But Im not about to dive in this rabbit hole, so I'll leave this alone for now. ## The United States is a Corporation. And that makes us its employees or properties. Refer to the "UNITED STATES CODE Title 28 3002 (15) (A) (B) (C)" and "The Act of 1871: The “United States” Is a Corporation" http://www.federaljack.com/SLAVERY-BY-CONSENT-THE-UNITED-STATES-CORPORATION/ ## What's that number on the back of your social security card? ----------------------- “That number indicates the bank that bought you when you were born based on a projection of your life’s earnings,” Yes, you've been bought. When an American baby is born, it is given a social security code. Failure to do so will have cops and social workers banging on your door. This "social security" is then used as a collateral to borrow allegedly $1,000,000 (One Million Dollars) from the world bank. It basically says, US will borrow money from the world bank in exchange for your social, expects you to start paying for it 18 yrs later. http://www.motherjones.com/kevin-drum/2010/08/secret-code-controls-your-destiny/ If the above statement is not true or if you have more information about this, please comment below, I really really wanna learn more about it. ## Solutions: ### The only way to freedom is to learn back what they made us unlearn. ------ Remember in the video above, Millenials were transformed into "Educated idiots?" (poor millenials :( ) Too much education about "nothing useful" in the real world. To reclaim our freedom, we need to reclaim the innate human skill called "self suffeciency." A skill purposefully killed a long time ago. (Read Creatures from Jekyll Island" to learn about how the world got conquered with a single secret meeting) ## Self sufficiency is the key. --------------- _Providing your own life necessities without relying on the gov or corporations._  I already discussed this in my previous post, __"My Awakened Theory on How the World really Works."__ https://steemit.com/awakening/@everluck/my-awakened-theory-on-how-the-world-really-works ## Before supermarkets were born in the 1900s, where did our great grandparents get food? They came from your grandma’s yards, potted plants near windows, etc. The rest of the fruits and vegetables are then sold at small markets (something we might call a “small farmer’s market” right now). Local farmers would produce grains and other farm produced edibles. People were well-fed back then. Now, we need to work 40 hours per week in order to eat. The basic skill of “growing food” has been lost. Read “The creature from jekyll island” in order to understand how this happened. https://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/091298645X Basically, our whole education system was bought by the richest man in the history of the human race (Rockefeller) and basic life skills were eliminated, in order to make us dependent on our gov’t and money (banks). So now, we are completely dependent on fiat, which is just a fancy term for debt money. ## "Homestead" is a big search on youtube right now. People are slowly moving back to the outskirts of the city in order to escape the rat race. __The rat race is the slow killer.__ The rat race is the main cause of stress in our world today.  ## PEOPLE WOULD RATHER DIE THAN GO TO WORK ON MONDAY! . . By homesteading and supplying our own food and shelter just like our great grandparents used to do, we reclaim a big part of our freedom. Im not saying going full caveman on it. You will still retain all the luxuries that you want. You'll still have wifi, and tablets ,and solar panels, and pick up trucks ,and power tools, etc if you want. The main thing is, __to get out of debt and escape the rat race.__ You can have a 1,000 sq feet simple house or log cabin built for 12k-ish. Or better yet, spend an hour of your time researching "Earthships" on youtube. ## Earthships are the future. . That's why govs are hesitant to permit earthships because it will enable you to live off grid; away from the clutches of the system. It is designed to free you from the electric and water grid. The genius design is built to optimize electrical and water usage that you wont have to worry about coolling, heating and water collection. It is the future. ## But but but.... What about money? As for money, i've already discussed this in my previous post __"How the Baby Boomers Generation Screwed Us and the Next Upcoming Crash (Not a FUD post)"__ https://steemit.com/freedom/@everluck/how-the-baby-boomers-generation-screwed-us-and-the-next-upcoming-crash-not-a-fud-post ## Read books: You must unlearn that stupid, moronic textbooks that centralized schools taught you. It serves you no purpose other than to spend the rest of your life trying not to go insane doing repetitive task all day in a fuckin cubicle.  Book suggestions: - Rich Dad, Poor Dad - Cashflow Quadrants - Guide to Investing: What the rich invest in. - Why "A" students work for "C" students. - 4 hour workweek by Tim Ferris - Rework by Jason Fried - Millionaire mind by Harv Eker These are just to start with. ## Wealth is a skill, wealth is in the mind. I repeat, wealth is in the mind, not in the wallet. A skill/knowledge learned throughout the years. The real self made millionaires you see now have mastered the skill called "money 101." Even if they get screwed and lose their money, they have the skill to start over from scratch again. Just like a house builder who gets his house on fire, can start building a new house from scratch again. His house building skill is already inside him. He can build houses over and over again. When you develop money making skills, it'll stick with you forever. You will be able to do it over and over again. The difference between the rich and you? The money making skills. The difference between an NBA player and you? Basketball skills. The difference between a boxer and you? Boxing skills.. The difference between the rich and you? The money making skills. You get the point. ### I will give a very very very simplified example: Rental Properties Technically, it can be any business, but Rental properties are a no-brainer. It has been the most consistent and dependable investment in the history of humankind. Rental properties has made MORE MILLIONAIRES than any form of investment in the history of the world. Simple, yes. Easy, no. Takes hundreds of hours reading about money and finances. But it beats the millions of hours you're going to spend in that fuckin cubicle until you die. ## How long does money making skill takes to learn? Same time you learn any substancial skill. How long did it take you to learn basketball, football, car repair, guitar, cooking? __The great thing about this is, you DONT have to be a professional!__ You just have to be somewhat good enough. You don't have to be a millionaire, you just need to be somebody that has a PASSIVE income of 2,000$ per month for starters. It may take you a year or 2 to get to that, but it'll be worth it. __Will there be mistakes? Of course!__ I will write a future post on this but; what your school taught you about failure, is actually just an experiment! Scientists, when making a new study/discovery, will experiment so many times until they __achieve success.__ In school however, a mistake is marked as "a failure" and kids are infected with a disease called "fear of failure." They are trained not to take chances, but instead, _just follow orders from authorities._ This is a recipe for failure. This is a recipe for growing old in that fucking cubicle and dying from misery and stress. ## TAKE CHANCES! Experiment and Make so much mistakes that, the fucking disease called "fear of failure" gets destroyed! Go forth and learn new skills! Grow food, fix your house, fix your car, start a small business, meet new people, cook new food. Learn! And succeed! And follow me and/or resteem pls :D :) It will inspire me to write more :) |
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| parent permlink | cryptocurrency |
| permlink | this-cryptocurrency-video-absolutely-gave-me-chills |
| title | This CryptoCurrency Video Absolutely gave me Chills!! |
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"body": "For the record, I still believe in Crypto. One way to find out if our cryptos have been hacked, and are still being controlled by bankers, is \"if we are still paying high fees and taxes.\"\n\nAs for ridiculously high fees... \"ahem,\" one coin is already plagued with that problem. As for taxes, it's still very vague.\n\nNot a FUD post, solutions below. Video here:\n\nhttps://www.youtube.com/watch?v=1BfMFOd0-l0\n\n__I believe that pandora’s box is the word “decentralized.”__ That word never existed in the consciousness of humanity before. All humans have only heard about centralized/or slavery, but never considered the concept of decentralization to be in the realm of possibility. \n\nEven if coins are being hijacked right now, that word having been unleashed to the world, will enter some 14 yr old kid’s head and have him typing a revolutionary, new ‘decentralized’ blockchain in his room and unleashing it to the world.\n\n## __Pandora’s blockchain has been opened.__\n\n-----------------\n\n The word decentralized have entered the mainstream, it can’t be taken back. The future is promising.\n\nWe'll know for sure that we are free, when we're paying extremely low fees and (maybe) extremely low taxes. I am talking about cents here.\n\n## But but but...\n\n--------------\n\n __How can we build highways if we don't pay taxes?__\n\nWe're not. The gov't is NOT using your so called \"taxes\" to build roads. They are instead, borrowing money from the world bank to build roads and have the next generation pay for it. \n\n__So... where do our taxes go?__\n\nMost of our taxes are used to fund military operations. Our 18 yr old kids are sent to other countries to kill other 18 yr old kids and steal their oil.\n\n\n\n> Actually, some have pointed out that it's actually more than 600B, it's actually closer to a trillion bucks. Hidden funds are transported secretly somewhere to spend in clasdestine operations. But Im not about to dive in this rabbit hole, so I'll leave this alone for now.\n\n## The United States is a Corporation. And that makes us its employees or properties.\n\nRefer to the \"UNITED STATES CODE Title 28 3002 (15) (A) (B) (C)\" and \"The Act of 1871: The “United States” Is a Corporation\"\n\nhttp://www.federaljack.com/SLAVERY-BY-CONSENT-THE-UNITED-STATES-CORPORATION/\n\n## What's that number on the back of your social security card? \n\n-----------------------\n\n“That number indicates the bank that bought you when you were born based on a projection of your life’s earnings,” \n\nYes, you've been bought.\n\nWhen an American baby is born, it is given a social security code. Failure to do so will have cops and social workers banging on your door. This \"social security\" is then used as a collateral to borrow allegedly $1,000,000 (One Million Dollars) from the world bank. \n\nIt basically says, US will borrow money from the world bank in exchange for your social, expects you to start paying for it 18 yrs later.\n\nhttp://www.motherjones.com/kevin-drum/2010/08/secret-code-controls-your-destiny/\n\nIf the above statement is not true or if you have more information about this, please comment below, I really really wanna learn more about it. \n\n## Solutions:\n\n### The only way to freedom is to learn back what they made us unlearn.\n\n------\n\nRemember in the video above, Millenials were transformed into \"Educated idiots?\" (poor millenials :( ) Too much education about \"nothing useful\" in the real world.\n\nTo reclaim our freedom, we need to reclaim the innate human skill called \"self suffeciency.\"\n\nA skill purposefully killed a long time ago. (Read Creatures from Jekyll Island\" to learn about how the world got conquered with a single secret meeting)\n\n## Self sufficiency is the key. \n\n---------------\n\n_Providing your own life necessities without relying on the gov or corporations._\n\n\n\nI already discussed this in my previous post, __\"My Awakened Theory on How the World really Works.\"__\n\nhttps://steemit.com/awakening/@everluck/my-awakened-theory-on-how-the-world-really-works\n\n## Before supermarkets were born in the 1900s, where did our great grandparents get food?\n\n\nThey came from your grandma’s yards, potted plants near windows, etc. The rest of the fruits and vegetables are then sold at small markets (something we might call a “small farmer’s market” right now). Local farmers would produce grains and other farm produced edibles. People were well-fed back then.\n\nNow, we need to work 40 hours per week in order to eat. The basic skill of “growing food” has been lost. Read “The creature from jekyll island” in order to understand how this happened.\n\nhttps://www.amazon.com/Creature-Jekyll-Island-Federal-Reserve/dp/091298645X\n\nBasically, our whole education system was bought by the richest man in the history of the human race (Rockefeller) and basic life skills were eliminated, in order to make us dependent on our gov’t and money (banks).\n\nSo now, we are completely dependent on fiat, which is just a fancy term for debt money.\n\n## \"Homestead\" is a big search on youtube right now. \n\nPeople are slowly moving back to the outskirts of the city in order to escape the rat race. __The rat race is the slow killer.__ The rat race is the main cause of stress in our world today.\n\n\n\n## PEOPLE WOULD RATHER DIE THAN GO TO WORK ON MONDAY!\n\n.\n\n.\n\nBy homesteading and supplying our own food and shelter just like our great grandparents used to do, we reclaim a big part of our freedom.\n\nIm not saying going full caveman on it. You will still retain all the luxuries that you want. You'll still have wifi, and tablets ,and solar panels, and pick up trucks ,and power tools, etc if you want. \n\nThe main thing is, __to get out of debt and escape the rat race.__\n\nYou can have a 1,000 sq feet simple house or log cabin built for 12k-ish. Or better yet, spend an hour of your time researching \"Earthships\" on youtube. \n\n## Earthships are the future. \n\n.\n\nThat's why govs are hesitant to permit earthships because it will enable you to live off grid; away from the clutches of the system. It is designed to free you from the electric and water grid. The genius design is built to optimize electrical and water usage that you wont have to worry about coolling, heating and water collection.\n\nIt is the future.\n\n## But but but.... What about money?\n\nAs for money, i've already discussed this in my previous post __\"How the Baby Boomers Generation Screwed Us and the Next Upcoming Crash (Not a FUD post)\"__\n\nhttps://steemit.com/freedom/@everluck/how-the-baby-boomers-generation-screwed-us-and-the-next-upcoming-crash-not-a-fud-post\n\n## Read books:\n\nYou must unlearn that stupid, moronic textbooks that centralized schools taught you. It serves you no purpose other than to spend the rest of your life trying not to go insane doing repetitive task all day in a fuckin cubicle.\n\n\n\n\n\nBook suggestions:\n\n- Rich Dad, Poor Dad\n\n- Cashflow Quadrants\n\n- Guide to Investing: What the rich invest in.\n\n- Why \"A\" students work for \"C\" students.\n\n- 4 hour workweek by Tim Ferris\n\n- Rework by Jason Fried\n\n- Millionaire mind by Harv Eker\n\nThese are just to start with.\n\n## Wealth is a skill, wealth is in the mind. \n\nI repeat, wealth is in the mind, not in the wallet. A skill/knowledge learned throughout the years.\n\nThe real self made millionaires you see now have mastered the skill called \"money 101.\"\n\nEven if they get screwed and lose their money, they have the skill to start over from scratch again. Just like a house builder who gets his house on fire, can start building a new house from scratch again. His house building skill is already inside him. \n\nHe can build houses over and over again.\n\nWhen you develop money making skills, it'll stick with you forever. You will be able to do it over and over again.\n\nThe difference between the rich and you? The money making skills.\n\nThe difference between an NBA player and you? Basketball skills.\n\nThe difference between a boxer and you? Boxing skills..\n\nThe difference between the rich and you? The money making skills.\n\nYou get the point.\n\n### I will give a very very very simplified example:\n\nRental Properties\n\nTechnically, it can be any business, but Rental properties are a no-brainer. It has been the most consistent and dependable investment in the history of humankind. Rental properties has made MORE MILLIONAIRES than any form of investment in the history of the world.\n\nSimple, yes. Easy, no. Takes hundreds of hours reading about money and finances. But it beats the millions of hours you're going to spend in that fuckin cubicle until you die.\n\n## How long does money making skill takes to learn? \n\nSame time you learn any substancial skill. How long did it take you to learn basketball, football, car repair, guitar, cooking?\n\n__The great thing about this is, you DONT have to be a professional!__\n\nYou just have to be somewhat good enough. You don't have to be a millionaire, you just need to be somebody that has a PASSIVE income of 2,000$ per month for starters. It may take you a year or 2 to get to that, but it'll be worth it. \n\n__Will there be mistakes? Of course!__\n\nI will write a future post on this but; what your school taught you about failure, is actually just an experiment!\n\nScientists, when making a new study/discovery, will experiment so many times until they __achieve success.__\n\nIn school however, a mistake is marked as \"a failure\" and kids are infected with a disease called \"fear of failure.\" They are trained not to take chances, but instead, _just follow orders from authorities._\n\nThis is a recipe for failure. This is a recipe for growing old in that fucking cubicle and dying from misery and stress.\n\n## TAKE CHANCES! \n\nExperiment and Make so much mistakes that, the fucking disease called \"fear of failure\" gets destroyed!\n\nGo forth and learn new skills! Grow food, fix your house, fix your car, start a small business, meet new people, cook new food. Learn! And succeed!\n\nAnd follow me and/or resteem pls :D :) It will inspire me to write more :)",
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}everluckpublished a new post: about-the-upcoming-bitcoin-futures-short2017/12/11 06:15:12
everluckpublished a new post: about-the-upcoming-bitcoin-futures-short
2017/12/11 06:15:12
| author | everluck |
| body | @@ -2593,16 +2593,18 @@ t affect +ed if btc @@ -2811,16 +2811,25 @@ ractice +for them to set a @@ -2972,19 +2972,20 @@ ensures -you +they will be @@ -3042,19 +3042,20 @@ _, Then -you +they will be @@ -3101,19 +3101,20 @@ __ %0A%0A## -You +They won't t @@ -3191,11 +3191,12 @@ es. -You +They 'd h |
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}everluckupvoted (100.00%) @everluck / about-the-upcoming-bitcoin-futures-short2017/12/11 06:08:36
everluckupvoted (100.00%) @everluck / about-the-upcoming-bitcoin-futures-short
2017/12/11 06:08:36
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}iqram1610upvoted (100.00%) @everluck / about-the-upcoming-bitcoin-futures-short2017/12/11 06:03:27
iqram1610upvoted (100.00%) @everluck / about-the-upcoming-bitcoin-futures-short
2017/12/11 06:03:27
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}everluckupdated options for about-the-upcoming-bitcoin-futures-short2017/12/11 05:58:06
everluckupdated options for about-the-upcoming-bitcoin-futures-short
2017/12/11 05:58:06
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}everluckpublished a new post: about-the-upcoming-bitcoin-futures-short2017/12/11 05:58:06
everluckpublished a new post: about-the-upcoming-bitcoin-futures-short
2017/12/11 05:58:06
| author | everluck |
| body | No matter how beyond moronic the transfer fees and the confirmation times are right now, I believe BTC will still rise over 20k in 2018.  ## But For for this month alone, let's talk about the futures shorting. Shorting is 'mostly' used for stabilizing your business. For example, if you're a farmer, fertilizer is a big expense for you. And you want to know how much exactly it'll cost you when planting season starts. So you buy futures contract at 1$ per pound of ferts at end of the month. If ferts cost 2$ by then, you'd have essentially bought it a 50% off. BUT if ferts went down to 50cents per pound, then you bought at double the cost. And No, I don't think anybody will give you a contract at 10cents per pound lol > I'm not saying farmers do this (maybe they do), but this is just an example anyhow. > And this is just an OVERSIMPLIFICATION, there's a lot more to this, but I dont wanna write 10,000 words just for this Biggest example of this is the airline industry. Jet fuel being the biggest expense, they buy 'futures' to lock in a price and this keeps plane tickets prices stable. -------------------- ### On the upside... There are legit investors that want to have btc value increase "organically." 'Organic' being the keyword here. Not the 140B pump that BTC received from Dec 4-8. That was a full faced pump and it was very very obvious. On the flipside, there are obvious forces out there that will want to short it. Either for quick profits... or practicality. Let me explain. ## 1) Miners. --------------- Miners are the most obvious players here. And they are the Biggest btc owners too. They know the end of month expenses of electricity, labor, rent etc... BUT they can't predict the price of BTC. Contrary to popular beliefs, and by basic math, "Most" miners would need to sell right away for stable profit. They have Huge monthly expenses and __being susceptible to BTC's volatility, is bad for business.__ And "locking in" a future monthly prices enable them to do better business. ## So many miners got screwed after the MTGox scam. They won't make this mistake again. ------------------------------ __It's better to sell immediately and buy more ASICs so you can mine more. Or else the competitors will eventually crush you.__ . This guy is a big miner.  ----------------- Same for coinbase, it charges a set fee. It doesnt get affect if btc price goes up or down. With a standard set of fees, it became a billion dollar business. # Why would miners short BTC? ----------------- Because it makes business stable. So it's good business practice to set aside, let's say, 20% of BTC and put it in a "short" position (betting on BTC price going down). Lock the price down at an amount that __ensures you will be able to pay operating cost for the next 3 months__, Then you will be safe, __no matter what happens to btc.__ ## You won't totally get screwed over when the Tether/Finex situation finally explodes. You'd have some money left from shorting BTC. ---------------------- So If they're wrong and btc goes up, they would lose on 20% of their coins BUT gain on the other 80%!! If btc goes down in value, atleast they can salvage some of it from their 20% futures shorting bet and use that to pay bills and give them another few months of mining. ## So don't be surprise if a lot of big miners shorts it. . # 2) Wolves of Wallstreet . This is the most obvious. For now shorting is limited, BUT the futures industry is just starting. For now, CME and CBOE will start the whole thing, and 2 more upcoming within early 2018, and maybe more after that. __So shorting will definitely be a thing in the months to come,__ no doubt about it. Gameplan: - Slowly Put 200B on btc starting from Oct (Or 160B from Nov 30 to Dec 8 lol -- source: coinmarketcap), - Bet on the price going down, buy 'short' contracts. - and WITHRAW 200B from the market, crashing btc down - earn a crapload from your short - rebuy the Dip. __Im not accusing anyone of doing this. I am merely stating a possibility here.__ This is highly illegal in the stock market, but btc is outside of regulations. They can do this from outside the country too. Outside the reach of SEC. They may not even be US residents at all, they can just have a shell US company buying the futures for them. This is not a long term plan, but a quick money scheme. But it's a crapload of money. Again, shorting is limited for now, but with BTC outside of regulations.... you get the picture. One thing's for sure though, it'll be a wild ride the next couple of weeks. I personally will be buying a from a dip. Even though the fees and transaction times are beyond moronic. . Please check out my other post: ### __How the Baby Boomers Generation Screwed Us and the Next Upcoming Crash (Not a FUD post)__ https://steemit.com/freedom/@everluck/how-the-baby-boomers-generation-screwed-us-and-the-next-upcoming-crash-not-a-fud-post |
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| permlink | about-the-upcoming-bitcoin-futures-short |
| title | About the Upcoming Bitcoin Futures Short... |
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"body": "No matter how beyond moronic the transfer fees and the confirmation times are right now, I believe BTC will still rise over 20k in 2018.\n\n\n\n## But For for this month alone, let's talk about the futures shorting.\n\nShorting is 'mostly' used for stabilizing your business. For example, if you're a farmer, fertilizer is a big expense for you. And you want to know how much exactly it'll cost you when planting season starts.\n\nSo you buy futures contract at 1$ per pound of ferts at end of the month. If ferts cost 2$ by then, you'd have essentially bought it a 50% off. BUT if ferts went down to 50cents per pound, then you bought at double the cost. And No, I don't think anybody will give you a contract at 10cents per pound lol\n\n> I'm not saying farmers do this (maybe they do), but this is just an example anyhow. \n\n> And this is just an OVERSIMPLIFICATION, there's a lot more to this, but I dont wanna write 10,000 words just for this \n\nBiggest example of this is the airline industry. Jet fuel being the biggest expense, they buy 'futures' to lock in a price and this keeps plane tickets prices stable.\n\n--------------------\n\n### On the upside...\n\n\n There are legit investors that want to have btc value increase \"organically.\" 'Organic' being the keyword here. Not the 140B pump that BTC received from Dec 4-8. That was a full faced pump and it was very very obvious.\n\nOn the flipside, there are obvious forces out there that will want to short it. Either for quick profits... or practicality. Let me explain.\n\n## 1) Miners. \n\n---------------\n\nMiners are the most obvious players here. And they are the Biggest btc owners too.\n\nThey know the end of month expenses of electricity, labor, rent etc... BUT they can't predict the price of BTC. \n\nContrary to popular beliefs, and by basic math, \"Most\" miners would need to sell right away for stable profit. They have Huge monthly expenses and __being susceptible to BTC's volatility, is bad for business.__ And \"locking in\" a future monthly prices enable them to do better business.\n\n## So many miners got screwed after the MTGox scam. They won't make this mistake again.\n\n------------------------------\n\n\n\n__It's better to sell immediately and buy more ASICs so you can mine more. Or else the competitors will eventually crush you.__\n\n.\n\nThis guy is a big miner.\n\n\n\n-----------------\n\nSame for coinbase, it charges a set fee. It doesnt get affect if btc price goes up or down. With a standard set of fees, it became a billion dollar business.\n\n# Why would miners short BTC?\n\n-----------------\n\nBecause it makes business stable.\n\n\n\nSo it's good business practice to set aside, let's say, 20% of BTC and put it in a \"short\" position (betting on BTC price going down). Lock the price down at an amount that __ensures you will be able to pay operating cost for the next 3 months__, Then you will be safe, __no matter what happens to btc.__ \n\n## You won't totally get screwed over when the Tether/Finex situation finally explodes. You'd have some money left from shorting BTC.\n\n----------------------\n\nSo If they're wrong and btc goes up, they would lose on 20% of their coins BUT gain on the other 80%!!\n\nIf btc goes down in value, atleast they can salvage some of it from their 20% futures shorting bet and use that to pay bills and give them another few months of mining.\n\n## So don't be surprise if a lot of big miners shorts it.\n\n\n.\n\n# 2) Wolves of Wallstreet\n\n. \n\nThis is the most obvious. \n\nFor now shorting is limited, BUT the futures industry is just starting. For now, CME and CBOE will start the whole thing, and 2 more upcoming within early 2018, and maybe more after that. __So shorting will definitely be a thing in the months to come,__ no doubt about it.\n\nGameplan: \n\n - Slowly Put 200B on btc starting from Oct (Or 160B from Nov 30 to Dec 8 lol -- source: coinmarketcap),\n\n - Bet on the price going down, buy 'short' contracts.\n\n - and WITHRAW 200B from the market, crashing btc down \n\n - earn a crapload from your short \n\n - rebuy the Dip.\n\n__Im not accusing anyone of doing this. I am merely stating a possibility here.__\n\nThis is highly illegal in the stock market, but btc is outside of regulations. They can do this from outside the country too. Outside the reach of SEC. They may not even be US residents at all, they can just have a shell US company buying the futures for them. This is not a long term plan, but a quick money scheme. But it's a crapload of money.\n\nAgain, shorting is limited for now, but with BTC outside of regulations.... you get the picture.\n\nOne thing's for sure though, it'll be a wild ride the next couple of weeks.\n\nI personally will be buying a from a dip. Even though the fees and transaction times are beyond moronic.\n\n.\n\nPlease check out my other post: \n\n### __How the Baby Boomers Generation Screwed Us and the Next Upcoming Crash (Not a FUD post)__\n\nhttps://steemit.com/freedom/@everluck/how-the-baby-boomers-generation-screwed-us-and-the-next-upcoming-crash-not-a-fud-post",
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decayinjackupvoted (100.00%) @everluck / here-s-why-peter-schiff-hates-bitcoin-cryptocurrencies-vs-gold
2017/09/29 18:40:18
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everluckupvoted (100.00%) @everluck / here-s-why-peter-schiff-hates-bitcoin-cryptocurrencies-vs-gold
2017/09/29 18:26:39
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2017/09/29 18:03:57
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2017/09/29 18:03:30
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}everluckpublished a new post: here-s-why-peter-schiff-hates-bitcoin-cryptocurrencies-vs-gold2017/09/29 17:57:39
everluckpublished a new post: here-s-why-peter-schiff-hates-bitcoin-cryptocurrencies-vs-gold
2017/09/29 17:57:39
| author | everluck |
| body | As some of you know, Peter Schiff made a name for himself by becoming one of the few who predicted the 2008 housing market crash. Of the few people who knew about the upcoming crash: a few kept it a secret and shorted the market, while others secretly licked their chops and waited for the housing prices to crash, then went on a buying spree. But Mr. Schiff, one of the most successful investor/business owner in recent years, publicly went on media to predict the crash. He got laughed at for sure, but he did try to warn the people. I commend him for that. > Sidenote: He is predicting another crash coming soon, about 3 times the size of the previous one. > I've simplified one of the main reasons in my previous post: __"How the Baby Boomers Generation Screwed Us and the Next Upcoming Crash (Not a FUD post)"__ https://steemit.com/freedom/@everluck/how-the-baby-boomers-generation-screwed-us-and-the-next-upcoming-crash-not-a-fud-post But now, he's recently been on a relentless bashing spree of bitcoin/cryptocurrencies. There's a long video he made about how crypto sucks but I'm not gonna post it because it mostly sounded like an immature rant. What I'm gonna post instead, is his talk with Joe Rogan, which was more reasonable. He sounded like a reasonable man here. https://www.youtube.com/watch?v=by1OgqQQANg For the record, I agree with 90% of what he says here. Except the last part about cryptos of course, which I will tell the reason why in a bit. The rest is worth the watch though! No really, if you ignore the last part about his biased stance on crypto, most of the video is actually good. Worth the watch if you have time. His points on why Bernie Sanders could never win, because his "Robin Hood" style of taxing the rich will never work, because corporations will simply just "move" to another 'tax friendly' country... And take all of the jobs with them. And His other points on capitalism (practical capitalism, not the fake capitalism you see on TV about bailouts and golden parachutes... _those are disgusting btw_) made a lot of sense. > Tip on "true" capitalism: Read "Why 'A' students work for 'C' students, by Robert Kiyosaki. Awesome and easy read. ## Now here's why he hates crypto. Goldmoney.com which he desperately tried to plug in, is managed by none other than, Schiffgold! Here is a screenie of goldmoney.com  https://www.goldmoney.com/support Yeah seriously, it was kind of strange when it came to the last part, he stopped being calm and collected and it became more of a rant than an explanation. It sounded like his business (he is MOSTLY invested in Gold) is being disrupted. Which it literally is! Crypto is disrupting Gold! For crypto's demographic age of mostly 18-34, Gold is a relic of the past and an inconvenience in the digital age. It literally is a hassle for them to rent safety deposit boxes, or buy a house and spend vastly on a high security anchored safe. Because you need a house for an "anchored safe." Your mama is not going to let you drill a hole in her basement. > Anchored safe because a robber can literally just carry a non-anchored safe out of your house.  > Img from getrends.com Because the word "decentralized" has entered the consciousness of the youngsters, private centralized safes for gold is a nono. And having an anchored safe means you will also be incharge of your security. Which means, steel enforced window grills and doors. And a gun. A home invader is going to carry a gun and national average police response is 15-20 mins. Home invaders are trained to clean out your house in less than 5 minutes.  > Steel window grill, pinterest And about burying gold on your backyard: sure secrecy is the main goal. But the thought of some thief digging your gold in your yard at 3am is seriously going to wreck havoc on your sleep. # In comes crypto. Convenience: You can literally erase all traces of crypto in your computers and just leave a lightly coded seed phrase in a safe location. Some guy hid his laminated tear-resistant, waterproof paper under one of his bathroom tiles! Seriously, he needs to break off his secret tile in order to get his seed. Goodluck finding that. And he hid another coded seed phrase in an almost indestructible time capsule somewhere that only he and his wife knows about. Now this may be extreme, but usually a lightly coded seed in a fire-resistant safe (cheap in hardware stores) is enough. Or a small fireproof container that can be hidden anywhere in the house or yard. It's coded, so only you will know. Plus cryptos are liquid-ish. Localbitcoins.com, tenx, bitpay or the hundreds of giftcards will let you buy groceries. Goodluck shaving a part of your gold coin to buy a coffee. Goodluck paying for dinner with gold. It's practically illegal to trade gold. Whether you trade it for services or food, uncle Sam don't like it. He only wants you to use fiat (debt money). Now crypto on the otherhand can be paid with tenx, bitpay or monaco. Or profit a little bit from localbitcoins before you take your date to dinner :) Plus, you know, the thought of a centralized company suddenly going bankrupt is scary. Or they may go Bernie Madoff on your ass. That's the problem with centralized companies, whether it be on purpose or a freak accident out of their control... _Like an earthquake opening up their stronghold and compromising their security._ Or a loyal, trusted employee of 30 years suddenly having a (knock on wood) sick child and desperately needing money for treatment... might betray them and steal gold. Gold from any centralized location can be stolen. Schiff may claim brinks security has never been stolen from. But that's exactly the kind of odds that "too big to fail banks and corporations" had back in 2008. Too big to fail entities used to have a false glamor of untouchability... but suddenly Enron, Lehman bros, Washington Mutual, General Motors, CIT group, Chrysler, Pacific gas and electric, Delta airlines etc. went down! __They were billion dollar companies/banks that were too big to fail!__ Furthermore, a lot more "should" have went bankrupt had they not went gangsta on the government and STOLE 16 TRILLION DOLLARS FROM THE PEOPLE. > read my story on __How the banks made the biggest, most hardcore, in your face, "gangsta style" robbery in human history!__ Link here: https://steemit.com/bank/@everluck/how-the-banks-indirectly-created-bitcoin-blockchain-and-cryptocurrencies Add to that, gold can be stolen by your loving gov't. Most people don;t know but the bigget gold robbery in history was done by Roosevelt through the Gold Reserve act of 1934. Your govt is the biggest gold theif in history. And I'm not trying to FUD here, but what happened to Venezuela when their currency suddenly crashed practically overnight (like cyprus, greece, Zimbabwe and many others) was literally hell. Gold/silver was hard to transact that's why __Venezuelans went on the crypto route.__ I will post about this in the futute. When Hugo Chavez declared he was siding with Gaddafi and Mubarak in "dumping" the US petro-dollar and creating their own "African Dinar" --- Lybia and Egypt were raped without lube and Chavez "conveniently" had a cardiac arrest and a puppet gov't was installed after that.  > Yes yes, I know the temporary economic boost by Chavez was bound to burst, but he was rumored to be planning a bold economic boost with other oil nations (like OPEC) before the US came over to instill "freedom and democracy." I guess we'll never really know.  ## Closing... Crypto is just a direct competition against Peter's biggest investment--Gold. Don't get caught with the fear-uncertainty-doubt tactics of bankers and corporationists like Schiff and Jamie Dimon... they are just simply protecting their industries. Industries about to be disrupted by crypto. # The future is Decentralized! . . Please follow and upvote. It will inspire me to write more :) |
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"body": "As some of you know, Peter Schiff made a name for himself by becoming one of the few who predicted the 2008 housing market crash. \n\nOf the few people who knew about the upcoming crash: a few kept it a secret and shorted the market, while others secretly licked their chops and waited for the housing prices to crash, then went on a buying spree.\n\nBut Mr. Schiff, one of the most successful investor/business owner in recent years, publicly went on media to predict the crash. He got laughed at for sure, but he did try to warn the people. I commend him for that.\n\n> Sidenote: He is predicting another crash coming soon, about 3 times the size of the previous one. \n\n> I've simplified one of the main reasons in my previous post: __\"How the Baby Boomers Generation Screwed Us and the Next Upcoming Crash (Not a FUD post)\"__\n\nhttps://steemit.com/freedom/@everluck/how-the-baby-boomers-generation-screwed-us-and-the-next-upcoming-crash-not-a-fud-post\n\n\n\nBut now, he's recently been on a relentless bashing spree of bitcoin/cryptocurrencies.\n\nThere's a long video he made about how crypto sucks but I'm not gonna post it because it mostly sounded like an immature rant. What I'm gonna post instead, is his talk with Joe Rogan, which was more reasonable. He sounded like a reasonable man here. \n\nhttps://www.youtube.com/watch?v=by1OgqQQANg\n\n\nFor the record, I agree with 90% of what he says here. Except the last part about cryptos of course, which I will tell the reason why in a bit.\n\nThe rest is worth the watch though! No really, if you ignore the last part about his biased stance on crypto, most of the video is actually good. Worth the watch if you have time.\n\nHis points on why Bernie Sanders could never win, because his \"Robin Hood\" style of taxing the rich will never work, because corporations will simply just \"move\" to another 'tax friendly' country... And take all of the jobs with them. And His other points on capitalism (practical capitalism, not the fake capitalism you see on TV about bailouts and golden parachutes... _those are disgusting btw_) made a lot of sense.\n\n> Tip on \"true\" capitalism: Read \"Why 'A' students work for 'C' students, by Robert Kiyosaki. Awesome and easy read.\n\n## Now here's why he hates crypto.\n\nGoldmoney.com which he desperately tried to plug in, is managed by none other than, Schiffgold! \n\nHere is a screenie of goldmoney.com\n\n\n\nhttps://www.goldmoney.com/support\n\nYeah seriously, it was kind of strange when it came to the last part, he stopped being calm and collected and it became more of a rant than an explanation. \n\nIt sounded like his business (he is MOSTLY invested in Gold) is being disrupted. Which it literally is! Crypto is disrupting Gold! \n\nFor crypto's demographic age of mostly 18-34, Gold is a relic of the past and an inconvenience in the digital age.\n\nIt literally is a hassle for them to rent safety deposit boxes, or buy a house and spend vastly on a high security anchored safe. Because you need a house for an \"anchored safe.\" Your mama is not going to let you drill a hole in her basement.\n\n> Anchored safe because a robber can literally just carry a non-anchored safe out of your house.\n\n\n> Img from getrends.com\n\nBecause the word \"decentralized\" has entered the consciousness of the youngsters, private centralized safes for gold is a nono.\n\nAnd having an anchored safe means you will also be incharge of your security. Which means, steel enforced window grills and doors. And a gun. A home invader is going to carry a gun and national average police response is 15-20 mins. Home invaders are trained to clean out your house in less than 5 minutes.\n\n\n\n> Steel window grill, pinterest\n\nAnd about burying gold on your backyard: sure secrecy is the main goal. But the thought of some thief digging your gold in your yard at 3am is seriously going to wreck havoc on your sleep.\n\n# In comes crypto.\n\nConvenience: You can literally erase all traces of crypto in your computers and just leave a lightly coded seed phrase in a safe location.\n\nSome guy hid his laminated tear-resistant, waterproof paper under one of his bathroom tiles! Seriously, he needs to break off his secret tile in order to get his seed. Goodluck finding that.\n\nAnd he hid another coded seed phrase in an almost indestructible time capsule somewhere that only he and his wife knows about.\n\nNow this may be extreme, but usually a lightly coded seed in a fire-resistant safe (cheap in hardware stores) is enough. Or a small fireproof container that can be hidden anywhere in the house or yard. It's coded, so only you will know.\n\nPlus cryptos are liquid-ish. Localbitcoins.com, tenx, bitpay or the hundreds of giftcards will let you buy groceries. Goodluck shaving a part of your gold coin to buy a coffee.\n\nGoodluck paying for dinner with gold. It's practically illegal to trade gold. Whether you trade it for services or food, uncle Sam don't like it. He only wants you to use fiat (debt money).\n\nNow crypto on the otherhand can be paid with tenx, bitpay or monaco. Or profit a little bit from localbitcoins before you take your date to dinner :)\n\nPlus, you know, the thought of a centralized company suddenly going bankrupt is scary. Or they may go Bernie Madoff on your ass.\n\nThat's the problem with centralized companies, whether it be on purpose or a freak accident out of their control... _Like an earthquake opening up their stronghold and compromising their security._ Or a loyal, trusted employee of 30 years suddenly having a (knock on wood) sick child and desperately needing money for treatment... might betray them and steal gold. \n\nGold from any centralized location can be stolen.\n\nSchiff may claim brinks security has never been stolen from. But that's exactly the kind of odds that \"too big to fail banks and corporations\" had back in 2008.\n\nToo big to fail entities used to have a false glamor of untouchability... but suddenly Enron, Lehman bros, Washington Mutual, General Motors, CIT group, Chrysler, Pacific gas and electric, Delta airlines etc. went down! __They were billion dollar companies/banks that were too big to fail!__\n\nFurthermore, a lot more \"should\" have went bankrupt had they not went gangsta on the government and STOLE 16 TRILLION DOLLARS FROM THE PEOPLE.\n\n> read my story on __How the banks made the biggest, most hardcore, in your face, \"gangsta style\" robbery in human history!__ Link here:\nhttps://steemit.com/bank/@everluck/how-the-banks-indirectly-created-bitcoin-blockchain-and-cryptocurrencies\n\nAdd to that, gold can be stolen by your loving gov't. Most people don;t know but the bigget gold robbery in history was done by Roosevelt through the Gold Reserve act of 1934. Your govt is the biggest gold theif in history.\n\nAnd I'm not trying to FUD here, but what happened to Venezuela when their currency suddenly crashed practically overnight (like cyprus, greece, Zimbabwe and many others) was literally hell. Gold/silver was hard to transact that's why __Venezuelans went on the crypto route.__ I will post about this in the futute.\n\nWhen Hugo Chavez declared he was siding with Gaddafi and Mubarak in \"dumping\" the US petro-dollar and creating their own \"African Dinar\" --- Lybia and Egypt were raped without lube and Chavez \"conveniently\" had a cardiac arrest and a puppet gov't was installed after that.\n\n\n\n> Yes yes, I know the temporary economic boost by Chavez was bound to burst, but he was rumored to be planning a bold economic boost with other oil nations (like OPEC) before the US came over to instill \"freedom and democracy.\" I guess we'll never really know.\n\n\n\n## Closing...\n\nCrypto is just a direct competition against Peter's biggest investment--Gold.\n\nDon't get caught with the fear-uncertainty-doubt tactics of bankers and corporationists like Schiff and Jamie Dimon... they are just simply protecting their industries.\n\nIndustries about to be disrupted by crypto.\n\n# The future is Decentralized!\n\n.\n\n.\n\nPlease follow and upvote. It will inspire me to write more :)",
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| body | what's a good alternative browser for now? And what do you think bout duckduckgo? |
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}everluckupvoted (100.00%) @jockey / o3pla-rumi-of-the-day2017/09/24 23:47:36
everluckupvoted (100.00%) @jockey / o3pla-rumi-of-the-day
2017/09/24 23:47:36
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}everluckupvoted (100.00%) @jockey / 4gnkmm-rumi-of-the-day2017/09/24 23:47:15
everluckupvoted (100.00%) @jockey / 4gnkmm-rumi-of-the-day
2017/09/24 23:47:15
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2017/09/24 16:21:27
| author | everluck |
| body | Baby Boomers: The richest generation in the history of the human race, is about to screw us over again. Though not deliberately, but still... After WW2, US got 1st dibs on the kidnapping of Nazi scientists, known as project paperclip. The US soared higher than any country in the history of mankind after that. Sure, they initially had to pay back their war expenses by stealing their citizens' gold (Gold reserve act of 1934), but majority of that was only until 1945ish. The boomers were born on 1946 - 1964, at the start of US's massive BOOM to riches. _That's why they are called the boomers. Wink wink._ The boomers experienced the start of an economy boom at a massive scale unlike anything seen before. > Great Ancient civilizations like Rome for instance, had fewer population. And they didn't have the modern luxuries the boomers had. I mean, "salt" was pretty expensive in the middle ages. The common citizens didn't have soft beds, nor did anybody had plumbing and toilet bowls. > Try living for a week without plumbing, electricity and a toilet. Let's see how long you last. This goes for any civilization before the boomers. They may seem rich in movies, but their citizens didn't have nor could they afford the modern luxuries that we take for granted now. # When the Trouble Started The trouble started when Nixon "nixed" the gold standard for good and took the US to the path of fiat currency, or debt money. Technically, Woodrow Wilson and Roosevelt started the path to Fiat, but Nixon sealed the deal. Ending the Bretton woods agreement for good. The Bretton Woods was an international agreement for the world to operate in gold standard. Gold-backed currency is what enables a country to be stable because it is immune to inflation. The complete opposite of fiat (debt money) which we are on now. Basically, a country can only print money equal to its gold reserve. The problem is, not everybody is honest. Countries were accused of secretly printing more than they have actual gold. One of the countries accused is the US. ## Problem One: The US was accused of printing more money than it had in its gold reserve. ------------------------------- Remember, unlike decentralized, transparent blockchain, gold currency is still a centralized system. The greedy politicians can get away with it. They basically printed so much money, pretending to also have that much gold. And nobody can audit them. > The same right now where nobody can audit the Federal Reserve (where our money comes from). They basically printed so much money out of thin air and we are headed to another crash. More on this later. ## Problem Two: Nation of savers ----------------------- Gold-standard was meant to be stable, not "booming." For every dollar the people had, they thought it is worth that much in gold. __So they became a nation of SAVERS!__ > Eventhough Roosevelt made it illegal to own gold until 1964 and can only own "certificates" after that. They still thought they could exchange it in the future. This obviously caused a lot of problems for the growth of the economy. Nobody is spending, everybody's saving. The economy was bound to slow down, money wasn't circulating, companies and corporations were about to go bust. Add to that, after their 1930s war spending, they were in economic restraint. Which means bank loans were somewhat restricted to "high-interest rates" only. This made it difficult to borrow; all the more reason for 'savers' to save! Because of this, barely any new companies and businesses are popping up because of hard-to-secure loans. This is excellent for the savers, but not so much for businesses. This would have meant a slow economic growth and technological advancement. Silicon Valley wouldnt be what it is today if companies had a hard time borrowing money. It would have meant a stable life for people who wanted a quiet, comfortable life. But a boring one for people attracted to big technological and economic advancement. I prefer a quiet, stable life by the way, but that's just me. But this meant though, that some other countries could have produce silicon valley, not the US. Some other country could have produced the economic debt-based growth that spurred the US into becoming the strongest country in the history of mankind. We would still have the internet, wifi and other technological marvels; it's just that, it would come from other countries, not the US. Like what Switzerland have done today, they created "crypto valley," based on silicon valley. Crypto is the next wave for human technology, and there is an arms-race going on for it right now. Govs are just having a hard time integrating with it because they can't control a true decentralized blockchain (ha ha). Remember: this was only a problem for luxury-based corporations. Necessity based businesses like food companies and such were pretty stable. This is only an issue because the US wanted to be the top economy in the world. Current winners: Savers. Losers: Debtors. ## Problem Three: US wasn't the leading Gold producer at the time. The US had a very big of pot Gold at that time, but Russia and South America were outperforming the US when it came to mining. The US didn't want that. They wanted to be number one. This was a problem. ## Problem Four: It was subject to manipulation This was NOT a transparent system like the blockchain/cryptocurrency we have today. Greedy bankers and politicians have been known to manipulate the dollar-to-gold value many times. Powerful entities could bribe the Gov into declaring a not-so-honest value. They could basically say today, "Gold is this XXX value today," and declare "another" value the next few months. > For the record, I think Gold-standard is awesome if done correctly. It needs to be done in accordance with the principle of free markets and rule of law though. A reasonably honest free market, prudent banking laws, like the one in Canada from the late 1800’s to the 30's. > And Yes, I know this will never happen. A centralized-based gold standard where ledgers are hidden and auditing is impossible, is a very big flaw. That's why a transparent, decentralized blockchain attracted so many people to cryptos. # Nixon made a gangsta move Nixon ended the gold-standard once and for all. And took the world to the fiat/debt-money system. More on this in a bit. ## Reason One: they were "suspected" of printing more money than they had gold reserve. --------------------- Because other nations are buying US gold, the US was about to be exposed for what they have done... which was, _they've printed more money than they had in gold reserve. _Note: Other nations are also guilty of this._ Remember, they were only 'suspected' of this. No actual charges. Because this centralized system is hidden and can't be audited, no real proof. Nixon and other politicians responsible, _covering their tracks_, made a bold, gangsta move and ended the bretton woods agreement for good. Thereby, taking the US (and the world) to debt money, fiat. __Fiat basically means, we can borrow money now and have the next generation pay it later. A ponzi scheme. As long as the next generation pays it, it's all good.__ I will repeat it because it is very important: Fiat officially started in 1913 when Woodrow Wilson was blackmailed into signing the Federal Reserve act (Which enabled the biggest ponzi scheme in the history of mankind: Fiat). > Read Creatures from Jekyll Island--Excellent book if you want to understand how the world was manipulated by the elite few. But In 1971, Bretton Woods ended and fiat became the official currency. So the Gov't printed so much money right after, making the boomers the richest generation in human history, knowing their children and grandchildren will pay for it. Echo: _knowing their children and grandchildren will pay for it._ The initial burst of money printed, set a wave of riches for the boomers. Disclaimer: I'm not saying the boomers deliberately did this, but the Gov't certainly did. I'm not blaming the boomers. They were lucky to be born in that era and I'm not faulting them for that. ## Reason two: They were about to go bankrupt. For the love of God, __they were busy spending so much money INVADING VIETNAM.__ This was a total scam but Im not going to delve into this because it's a rabbit hole. IF YOU DON'T WANT TO LOSE MONEY, STOP INVADING OTHER COUNTRIES! ## Reason three: they wanted an economic boom Having citizens of savers pissed them off. They want an economic boom, not a boring, comfortable life for people (lol). And converting to fiat enabled this. With an influx of Fiat/debt money, low interest loans were possible. Entrepreneurs were able to borrow money in droves. Businesses went up. And the economic boom commenced, unlike anything seen before. Winners: Good Debtors Losers: Savers ## The downside It is worth mentioning: The initial influx of fiat money took us to the economic and technological marvel where we are today. __But now the reaper has come.__ US printed so much money that they are 20 Trillion in debt! http://www.usdebtclock.org/ Who's gonna pay it? You. That's why we had the 2008 housing crash. __And a next upcoming crash that I'm going to talk about in a minute.__ # The problem I was in a restaurant a few days back. There were these 2 older gentlemen discussing in disgust about how the millennials are lazy and entitled. That's the problem. They don't know that 95% of the dollar's value is gone after the 1971 Nixon shock. __It's fucking hard to make a living now.__ 40% Of US Workers Now Earn Less Than 1968 Minimum Wage. Source: http://www.zerohedge.com/news/2013-08-05/40-us-workers-now-earn-less-1968-minimum-wage  > Imgur In 1968, median wage was like $7,800 - $10,000+ and houses were like $14,000 - $20,000+? Source: https://www.census.gov/const/uspricemon.pdf Seriously, a single family income can provide a comfortable life. Only the dad needs to work. Cars would cost $3,000. Harvard tuition $2,000. Average rent $130. Giving birth would cost you $500 in a good hospital. Now imagine if they were a two income family.  > Pinterest Now, either people are on welfare or living paycheck to paycheck. Only the ones who worked on their financial education have a chance to live a good life (read: Rich Dad, Poor Dad). Young adults today are scared of having children! Because of incredibly expensive costs! You may see on charts now that average American household income is $60,000 and houses are $250,000 average, but the cost of living is so high now. Back then, the cost of living was so low! After paying rent, food and bills, 1970s families were left with a lot of savings! Today, not so true. That's because the Gov printed so much money of thin air that the value of the dollar is gone and the US just went over 20 TRILLION in debt.  This is for another post: but kids today are graduating with an average of $37,000 in student loans! they are basically fucked from the get go. Americans owe over $1.45 trillion in student loan debt, spread out among about 44 million borrowers. That’s about $620 billion more than the total U.S. credit card debt. In fact, the average Class of 2016 graduates has $37,172 in student loan debt! HOW THE HELL ARE STUDENTS LOANS HIGHER THAN CREDIT CARD DEBT!? Source: https://studentloanhero.com/student-loan-debt-statistics/ This video greatly explains the millennial's workforce situation. https://www.youtube.com/watch?v=QXWNChoIluo # The Real Trouble The social security is the second biggest ponzi scheme in the history of the human race. The first is obviously the fiat. ## How ponzi schemes work --------------------- 1. Tell Jeff you will invest 1,000$ for him, promising 50% profits. 2. Tell Dan the same thing. 3. Tell Ann the same thing. 4. Pay Jeff $500 profit using Dan's money. Keep the rest. 5. Pay Dan same profit using Ann's money. Keep the rest. And so on and so forth. ## Get it? As long as you are able to recruit new investors, your scheme would be ok. https://youtu.be/dEdBBlgqqjU?t=44s Obviously, Jeff and Dan would be so amazed at 50% profit that "most probably" they would invest that money back into you. As long as they don't all withraw at the same time, you'll be ok. What happens when they all start withdrawing it at the same time? ### Ponzi Screwed ------------------------ https://www.youtube.com/watch?v=81orgtKN1dg Quote: If you want to see a true pyramid scheme, look no further than social security. It was intended to be a savings plan for your future. But the money where cleaned out long ago by politicians who can’t see a pot of money without spending it, replacing it with basically an IOU from a government now trillions of dollars in debt. And thus they have to rely on those currently working to pay back what is owed to those who have retired or will soon retire. And we’ve now reached the point where the money being paid out is more than that being collected. Source: http://www.richardjnorrisphdblog.com/baby-boomers-and-retirement/ The problem is, the boomers are in their 70's now and are claiming Social Security money like wildfire. And there's barely anything left. Remember when I said, "As long as the younger generation is willing to pay for SS when the boomers start claiming it, it's going to be ok?" #### Well, what happens when the younger generation is struggling with a paycheck to paycheck lifestyle and can barely pay any SS taxes? ----------------- Ponzi Shceme burst. In 1933, there were roughly 17 workers for each retiree, and the life expectancy for men was 65 years. Today, there are only 3 or 4 workers for each retiree, and the life expectancy for men is almost 80 (even older for women). So the original program envisioned paying benefits for an average of 3 years, but the current expectation is that benefits will be paid for 13-14 years! Also note, because the law was only passed 1933, The initial beneficiaries (aged 62 and above) had paid almost NOTHING into the system! Source: https://sites.google.com/a/financeknow.com/www/finance/baby-boomers-and-the-great-social-security-challenge __I repeat, Today, there are only 3 or 4 workers paying for each retiree.__ How bout 5 years from now? One? When the workers aren't able to pay for the retirees's monthly benefit anymore, they are screwed. What will the US government do about this growing problem? For roughly 30 years, Congress has merely applied "band-aid" solutions to Social Security. In the popular vernacular, they have continued to "kick the can down the road", pushing the problem off to future Congresses. But now we have "run out of road." It basically says, _"I'll only be in congress for 4 yrs, let the next schmuck handle the problem."_ __According to U.S. Census Bureau data, more than 76 million individuals were born between 1946 and 1964. Roughly around 65 million are collecting SS money.__ __Are the younger generation be able to keep paying the 65 million retirees?__ Not when they are bouncing from one dead-end job to another. Not when the 2008 housing crash screwed them over. Not when kids are graduating with (average) $37,000 student loan debt.  > Basically describes the younger generation's situation right now. It is estimated the Social Security will start running out of money in 2018 - 2020. Just like the housing-backed loans ran out of money in 2008. This is exactly the same thing happening all over again. Another crash will happen. Just like the 2008 defaulting in mortgage loans, the economy will default the social security scam in 2018-2020ish. # Not a FUD post ---------------- What to do? Invest in silver, rental properties and cryptocurrencies. ## Silver Silver will soar massively in the next coming years, but I will explain that in the next post, because my God... I've been at this for hours. This is a seriously long post. ## Rental Properties Technically, it can be any business, but Rental properties are a no-brainer. It has been the most consistent and dependable investment in the history of humankind. Rental properties has made MORE MILLIONAIRES than any form of investment in the history of the world. But I guess buying rentals isn't that easy. It takes mastering the "art borrowing 'good debt'." Read Kiyosaki books: 1. Rich Dad, Poor Dad 2. Cashflow Quadrants 3. Guide to Investing: What the rich invest in. 4. Why "A" students work for "C" students. 5. And 4 hour workweek by Tim Ferris Bonus: Rework by Jason Fried Those are good places to start for your financial education. There are tons more, but I'll just point out good starting books to not overwhelm you. Financial education is the key to your success. ## Cryptocurrencies Cryptocurrencies are world changing. The first ever platform that enables 'literally' anybody to invest in without needing to be an "accredited investor." Read more about accredited investors: https://steemit.com/cryptocurrency/@everluck/hidden-history-of-sec-and-what-blocking-icos-means-for-you I have delved a lot in cryptos in my previous posts, so I don't want to sound redundant. #### The only difference in the next upcoming crash, is your preparedness. ------------------ The previous crash, only few were prepared. Very few people shorted it (Watch The Big Short. Excellent film). And while the masses were crying, the rich bought the dip! House prices went so low and the rich went on a shopping spree! They hoarded so many houses and rented them out! ### There is always a shift in wealth after every economic crash. ------------ A lot of highly paid company men lost their jobs. But while they were crying, a lot of smart middle-class people borrowed 'good debt' and bought in the dip, ended up with two or three cheap rental properties after the crash. #### But but but everluck, I can't afford a house yet. --------------- Buy cryptos. Do your research. Read the white paper. Do more research. If you bought cryptos 5+ years ago, you can probably afford many houses right now. NOR do you need to buy anything for that matter. The crypto millionaires who bought early can retire in the bahamas and sit on the beach all day for the rest of their lives. ### Because of the nature of fiat debt currency, it is, by design, going to crash. ------------------- There's only so much money they can print before hyperinflation sets in. Take a look at Venezuela, Cyprus, Zimbabwe etc. The average life expectancy for a fiat currency (based on history) is 27 years. Every 30-40 years the reigning monetary system fails and has to be retooled. It technically started on 1913 and retooled in 1944, and was retooled again on 1971 (Nixon), because it was about to fail. source: http://www.washingtonsblog.com/2011/08/the-average-life-expectancy-for-a-fiat-currency-is-27-years-every-30-to-40-years-the-reigning-monetary-system-fails-and-has-to-be-retooled.html So now our lovely fiat is over 46 yrs old. It is way passed due. It bound to be retooled, which would cause an initial crash. But technically speaking, with cryptos being a pandora's box. __There's no amount of retooling they can do to save it.__ It is bound to be replaced by cryptos. China is on it's way to have its own official cryptocurrency (probably Neo). Fiat is dead. Just like Ford replaced the horse carriages. Just like Craigslist replaced the newspaper classified ads industry. Just like amazon replaced bookstores and other brick & mortar stores. Just like what uber/lyft is about to do to the taxi industry. Cryptos will replace fiat. When the next crash comes, and it will, there's no ifs, ands or buts about it, it's only a matter of time. ### When it does, your crypto portfolio is gonna explode! Are you ready? . . > Before you post, let me reiterate again: I'm not blaming the boomers for this. Because the Gov't did it. The boomers were lucky to be born in that era and I'm not faulting them for that. In fact, when the SS scam bursts, it is them that will be affected the most. That's why I'm writing this post, hoping it will reach far and wide. So people can start preparing and actually get richer after the dust settles. > Addendum: please don't comment about segregation and all that. I'm trying to avoid touchy subjects :( . . Upvote, resteem and follow me please.... It will inspire me to write more :) |
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| parent author | |
| parent permlink | freedom |
| permlink | how-the-baby-boomers-generation-screwed-us-and-the-next-upcoming-crash-not-a-fud-post |
| title | How the Baby Boomers Generation Screwed Us and the Next Upcoming Crash (Not a FUD post) |
| Transaction Info | Block #15751760/Trx 27fe075a90e4dfd02344433307ce34b45b92a118 |
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"author": "everluck",
"body": "Baby Boomers: The richest generation in the history of the human race, is about to screw us over again.\n\nThough not deliberately, but still...\n\nAfter WW2, US got 1st dibs on the kidnapping of Nazi scientists, known as project paperclip. The US soared higher than any country in the history of mankind after that.\n\nSure, they initially had to pay back their war expenses by stealing their citizens' gold (Gold reserve act of 1934), but majority of that was only until 1945ish. The boomers were born on 1946 - 1964, at the start of US's massive BOOM to riches. _That's why they are called the boomers. Wink wink._\n\nThe boomers experienced the start of an economy boom at a massive scale unlike anything seen before. \n\n> Great Ancient civilizations like Rome for instance, had fewer population. And they didn't have the modern luxuries the boomers had. I mean, \"salt\" was pretty expensive in the middle ages. The common citizens didn't have soft beds, nor did anybody had plumbing and toilet bowls.\n\n> Try living for a week without plumbing, electricity and a toilet. Let's see how long you last.\nThis goes for any civilization before the boomers. They may seem rich in movies, but their citizens didn't have nor could they afford the modern luxuries that we take for granted now.\n\n# When the Trouble Started\n\nThe trouble started when Nixon \"nixed\" the gold standard for good and took the US to the path of fiat currency, or debt money.\n\nTechnically, Woodrow Wilson and Roosevelt started the path to Fiat, but Nixon sealed the deal. Ending the Bretton woods agreement for good.\n\nThe Bretton Woods was an international agreement for the world to operate in gold standard. Gold-backed currency is what enables a country to be stable because it is immune to inflation. The complete opposite of fiat (debt money) which we are on now.\n\nBasically, a country can only print money equal to its gold reserve. The problem is, not everybody is honest. Countries were accused of secretly printing more than they have actual gold. One of the countries accused is the US.\n\n## Problem One: The US was accused of printing more money than it had in its gold reserve.\n\n-------------------------------\n\nRemember, unlike decentralized, transparent blockchain, gold currency is still a centralized system. The greedy politicians can get away with it. They basically printed so much money, pretending to also have that much gold. And nobody can audit them. \n\n> The same right now where nobody can audit the Federal Reserve (where our money comes from). They basically printed so much money out of thin air and we are headed to another crash. More on this later.\n\n\n\n## Problem Two: Nation of savers\n\n\n-----------------------\n\nGold-standard was meant to be stable, not \"booming.\" For every dollar the people had, they thought it is worth that much in gold. __So they became a nation of SAVERS!__\n\n> Eventhough Roosevelt made it illegal to own gold until 1964 and can only own \"certificates\" after that. They still thought they could exchange it in the future. \n\nThis obviously caused a lot of problems for the growth of the economy. Nobody is spending, everybody's saving. The economy was bound to slow down, money wasn't circulating, companies and corporations were about to go bust.\n\nAdd to that, after their 1930s war spending, they were in economic restraint. Which means bank loans were somewhat restricted to \"high-interest rates\" only. This made it difficult to borrow; all the more reason for 'savers' to save! Because of this, barely any new companies and businesses are popping up because of hard-to-secure loans.\n\nThis is excellent for the savers, but not so much for businesses. This would have meant a slow economic growth and technological advancement. Silicon Valley wouldnt be what it is today if companies had a hard time borrowing money. \n\nIt would have meant a stable life for people who wanted a quiet, comfortable life. But a boring one for people attracted to big technological and economic advancement. I prefer a quiet, stable life by the way, but that's just me. But this meant though, that some other countries could have produce silicon valley, not the US. \n\nSome other country could have produced the economic debt-based growth that spurred the US into becoming the strongest country in the history of mankind. We would still have the internet, wifi and other technological marvels; it's just that, it would come from other countries, not the US. \n\nLike what Switzerland have done today, they created \"crypto valley,\" based on silicon valley. Crypto is the next wave for human technology, and there is an arms-race going on for it right now. Govs are just having a hard time integrating with it because they can't control a true decentralized blockchain (ha ha).\n\nRemember: this was only a problem for luxury-based corporations. Necessity based businesses like food companies and such were pretty stable. This is only an issue because the US wanted to be the top economy in the world. \n\n\nCurrent winners: Savers. \nLosers: Debtors.\n\n\n\n## Problem Three: US wasn't the leading Gold producer at the time.\n\nThe US had a very big of pot Gold at that time, but Russia and South America were outperforming the US when it came to mining. The US didn't want that. They wanted to be number one. This was a problem.\n\n## Problem Four: It was subject to manipulation\n\nThis was NOT a transparent system like the blockchain/cryptocurrency we have today. Greedy bankers and politicians have been known to manipulate the dollar-to-gold value many times. Powerful entities could bribe the Gov into declaring a not-so-honest value. They could basically say today, \"Gold is this XXX value today,\" and declare \"another\" value the next few months.\n\n> For the record, I think Gold-standard is awesome if done correctly. It needs to be done in accordance with the principle of free markets and rule of law though. A reasonably honest free market, prudent banking laws, like the one in Canada from the late 1800’s to the 30's.\n\n> And Yes, I know this will never happen. A centralized-based gold standard where ledgers are hidden and auditing is impossible, is a very big flaw. That's why a transparent, decentralized blockchain attracted so many people to cryptos.\n\n# Nixon made a gangsta move\n\nNixon ended the gold-standard once and for all. And took the world to the fiat/debt-money system. More on this in a bit.\n\n\n\n## Reason One: they were \"suspected\" of printing more money than they had gold reserve.\n\n---------------------\n\nBecause other nations are buying US gold, the US was about to be exposed for what they have done... which was, _they've printed more money than they had in gold reserve. _Note: Other nations are also guilty of this._ Remember, they were only 'suspected' of this. No actual charges. Because this centralized system is hidden and can't be audited, no real proof.\n\n\nNixon and other politicians responsible, _covering their tracks_, made a bold, gangsta move and ended the bretton woods agreement for good. Thereby, taking the US (and the world) to debt money, fiat.\n\n__Fiat basically means, we can borrow money now and have the next generation pay it later. A ponzi scheme. As long as the next generation pays it, it's all good.__\n\nI will repeat it because it is very important: Fiat officially started in 1913 when Woodrow Wilson was blackmailed into signing the Federal Reserve act (Which enabled the biggest ponzi scheme in the history of mankind: Fiat). \n\n> Read Creatures from Jekyll Island--Excellent book if you want to understand how the world was manipulated by the elite few.\n\nBut In 1971, Bretton Woods ended and fiat became the official currency. So the Gov't printed so much money right after, making the boomers the richest generation in human history, knowing their children and grandchildren will pay for it.\n\nEcho: _knowing their children and grandchildren will pay for it._\n\nThe initial burst of money printed, set a wave of riches for the boomers.\n\nDisclaimer: I'm not saying the boomers deliberately did this, but the Gov't certainly did. I'm not blaming the boomers. They were lucky to be born in that era and I'm not faulting them for that.\n\n## Reason two: They were about to go bankrupt.\n\nFor the love of God, __they were busy spending so much money INVADING VIETNAM.__ This was a total scam but Im not going to delve into this because it's a rabbit hole. IF YOU DON'T WANT TO LOSE MONEY, STOP INVADING OTHER COUNTRIES!\n\n\n## Reason three: they wanted an economic boom\n\nHaving citizens of savers pissed them off. They want an economic boom, not a boring, comfortable life for people (lol). \n\nAnd converting to fiat enabled this. With an influx of Fiat/debt money, low interest loans were possible. Entrepreneurs were able to borrow money in droves. Businesses went up. And the economic boom commenced, unlike anything seen before.\n\nWinners: Good Debtors\nLosers: Savers\n\n## The downside\n\nIt is worth mentioning: The initial influx of fiat money took us to the economic and technological marvel where we are today. __But now the reaper has come.__ US printed so much money that they are 20 Trillion in debt! http://www.usdebtclock.org/\n\nWho's gonna pay it? You.\n\nThat's why we had the 2008 housing crash. __And a next upcoming crash that I'm going to talk about in a minute.__\n\n# The problem\n\nI was in a restaurant a few days back. There were these 2 older gentlemen discussing in disgust about how the millennials are lazy and entitled.\n\nThat's the problem.\n\nThey don't know that 95% of the dollar's value is gone after the 1971 Nixon shock.\n\n__It's fucking hard to make a living now.__ 40% Of US Workers Now Earn Less Than 1968 Minimum Wage.\n\nSource: http://www.zerohedge.com/news/2013-08-05/40-us-workers-now-earn-less-1968-minimum-wage\n\n\n> Imgur\n\nIn 1968, median wage was like $7,800 - $10,000+ and houses were like $14,000 - $20,000+?\n\nSource: https://www.census.gov/const/uspricemon.pdf\n\nSeriously, a single family income can provide a comfortable life. Only the dad needs to work. Cars would cost $3,000. Harvard tuition $2,000. Average rent $130. Giving birth would cost you $500 in a good hospital.\n\nNow imagine if they were a two income family.\n\n\n> Pinterest\n\nNow, either people are on welfare or living paycheck to paycheck. Only the ones who worked on their financial education have a chance to live a good life (read: Rich Dad, Poor Dad). \n\nYoung adults today are scared of having children! Because of incredibly expensive costs!\n\nYou may see on charts now that average American household income is $60,000 and houses are $250,000 average, but the cost of living is so high now. Back then, the cost of living was so low! \n\nAfter paying rent, food and bills, 1970s families were left with a lot of savings! Today, not so true.\n\nThat's because the Gov printed so much money of thin air that the value of the dollar is gone and the US just went over 20 TRILLION in debt. \n\n\n\n\n This is for another post: but kids today are graduating with an average of $37,000 in student loans! they are basically fucked from the get go.\n\n Americans owe over $1.45 trillion in student loan debt, spread out among about 44 million borrowers. That’s about $620 billion more than the total U.S. credit card debt. In fact, the average Class of 2016 graduates has $37,172 in student loan debt!\n\n HOW THE HELL ARE STUDENTS LOANS HIGHER THAN CREDIT CARD DEBT!?\n\n Source: https://studentloanhero.com/student-loan-debt-statistics/\n\nThis video greatly explains the millennial's workforce situation.\n\nhttps://www.youtube.com/watch?v=QXWNChoIluo\n\n# The Real Trouble\n\nThe social security is the second biggest ponzi scheme in the history of the human race. The first is obviously the fiat.\n\n## How ponzi schemes work\n\n---------------------\n\n1. Tell Jeff you will invest 1,000$ for him, promising 50% profits.\n\n2. Tell Dan the same thing.\n\n3. Tell Ann the same thing.\n\n4. Pay Jeff $500 profit using Dan's money. Keep the rest.\n\n5. Pay Dan same profit using Ann's money. Keep the rest.\n\nAnd so on and so forth.\n\n## Get it?\n\nAs long as you are able to recruit new investors, your scheme would be ok.\n\nhttps://youtu.be/dEdBBlgqqjU?t=44s\n\nObviously, Jeff and Dan would be so amazed at 50% profit that \"most probably\" they would invest that money back into you. \n\nAs long as they don't all withraw at the same time, you'll be ok.\n\nWhat happens when they all start withdrawing it at the same time? \n\n### Ponzi Screwed\n\n------------------------\n\nhttps://www.youtube.com/watch?v=81orgtKN1dg\n\nQuote: If you want to see a true pyramid scheme, look no further than social security. It was intended to be a savings plan for your future. But the money where cleaned out long ago by politicians who can’t see a pot of money without spending it, replacing it with basically an IOU from a government now trillions of dollars in debt. \n\n And thus they have to rely on those currently working to pay back what is owed to those who have retired or will soon retire. And we’ve now reached the point where the money being paid out is more than that being collected. \n\n Source: http://www.richardjnorrisphdblog.com/baby-boomers-and-retirement/\n\nThe problem is, the boomers are in their 70's now and are claiming Social Security money like wildfire. \n\nAnd there's barely anything left.\n\nRemember when I said, \"As long as the younger generation is willing to pay for SS when the boomers start claiming it, it's going to be ok?\"\n\n#### Well, what happens when the younger generation is struggling with a paycheck to paycheck lifestyle and can barely pay any SS taxes?\n\n-----------------\n\nPonzi Shceme burst.\n\n In 1933, there were roughly 17 workers for each retiree, and the life expectancy for men was 65 years. Today, there are only 3 or 4 workers for each retiree, and the life expectancy for men is almost 80 (even older for women). \n\n So the original program envisioned paying benefits for an average of 3 years, but the current expectation is that benefits will be paid for 13-14 years!\n\n Also note, because the law was only passed 1933, The initial beneficiaries (aged 62 and above) had paid almost NOTHING into the system!\n\n Source: https://sites.google.com/a/financeknow.com/www/finance/baby-boomers-and-the-great-social-security-challenge\n\n__I repeat, Today, there are only 3 or 4 workers paying for each retiree.__ How bout 5 years from now? One?\n\nWhen the workers aren't able to pay for the retirees's monthly benefit anymore, they are screwed.\n\nWhat will the US government do about this growing problem? For roughly 30 years, Congress has merely applied \"band-aid\" solutions to Social Security. In the popular vernacular, they have continued to \"kick the can down the road\", pushing the problem off to future Congresses. But now we have \"run out of road.\" \n\nIt basically says, _\"I'll only be in congress for 4 yrs, let the next schmuck handle the problem.\"_\n\n__According to U.S. Census Bureau data, more than 76 million individuals were born between 1946 and 1964. Roughly around 65 million are collecting SS money.__\n\n__Are the younger generation be able to keep paying the 65 million retirees?__\n\nNot when they are bouncing from one dead-end job to another. Not when the 2008 housing crash screwed them over. Not when kids are graduating with (average) $37,000 student loan debt.\n\n\n> Basically describes the younger generation's situation right now.\n\nIt is estimated the Social Security will start running out of money in 2018 - 2020. Just like the housing-backed loans ran out of money in 2008.\n\nThis is exactly the same thing happening all over again. Another crash will happen. Just like the 2008 defaulting in mortgage loans, the economy will default the social security scam in 2018-2020ish.\n\n# Not a FUD post\n\n----------------\n\nWhat to do?\n\nInvest in silver, rental properties and cryptocurrencies.\n\n## Silver\n\nSilver will soar massively in the next coming years, but I will explain that in the next post, because my God... I've been at this for hours. This is a seriously long post.\n\n## Rental Properties\n\nTechnically, it can be any business, but Rental properties are a no-brainer. It has been the most consistent and dependable investment in the history of humankind. Rental properties has made MORE MILLIONAIRES than any form of investment in the history of the world.\n\nBut I guess buying rentals isn't that easy. It takes mastering the \"art borrowing 'good debt'.\"\n\nRead Kiyosaki books: \n\n1. Rich Dad, Poor Dad\n2. Cashflow Quadrants\n3. Guide to Investing: What the rich invest in.\n4. Why \"A\" students work for \"C\" students.\n5. And 4 hour workweek by Tim Ferris\n\nBonus: Rework by Jason Fried\n\nThose are good places to start for your financial education. There are tons more, but I'll just point out good starting books to not overwhelm you.\n\nFinancial education is the key to your success.\n\n## Cryptocurrencies\n\nCryptocurrencies are world changing. The first ever platform that enables 'literally' anybody to invest in without needing to be an \"accredited investor.\"\n\nRead more about accredited investors: https://steemit.com/cryptocurrency/@everluck/hidden-history-of-sec-and-what-blocking-icos-means-for-you\n\nI have delved a lot in cryptos in my previous posts, so I don't want to sound redundant.\n\n#### The only difference in the next upcoming crash, is your preparedness.\n\n------------------\n\nThe previous crash, only few were prepared. Very few people shorted it (Watch The Big Short. Excellent film). \n\nAnd while the masses were crying, the rich bought the dip! House prices went so low and the rich went on a shopping spree! They hoarded so many houses and rented them out! \n\n### There is always a shift in wealth after every economic crash. \n\n------------\n\nA lot of highly paid company men lost their jobs. But while they were crying, a lot of smart middle-class people borrowed 'good debt' and bought in the dip, ended up with two or three cheap rental properties after the crash.\n\n#### But but but everluck, I can't afford a house yet.\n\n---------------\n\nBuy cryptos. Do your research. Read the white paper. Do more research.\n\nIf you bought cryptos 5+ years ago, you can probably afford many houses right now. NOR do you need to buy anything for that matter. The crypto millionaires who bought early can retire in the bahamas and sit on the beach all day for the rest of their lives.\n\n### Because of the nature of fiat debt currency, it is, by design, going to crash. \n\n-------------------\n\nThere's only so much money they can print before hyperinflation sets in. Take a look at Venezuela, Cyprus, Zimbabwe etc.\n\nThe average life expectancy for a fiat currency (based on history) is 27 years. Every 30-40 years the reigning monetary system fails and has to be retooled. It technically started on 1913 and retooled in 1944, and was retooled again on 1971 (Nixon), because it was about to fail.\n\nsource: http://www.washingtonsblog.com/2011/08/the-average-life-expectancy-for-a-fiat-currency-is-27-years-every-30-to-40-years-the-reigning-monetary-system-fails-and-has-to-be-retooled.html\n\nSo now our lovely fiat is over 46 yrs old. It is way passed due. It bound to be retooled, which would cause an initial crash. But technically speaking, with cryptos being a pandora's box. __There's no amount of retooling they can do to save it.__\n\nIt is bound to be replaced by cryptos. China is on it's way to have its own official cryptocurrency (probably Neo). Fiat is dead. Just like Ford replaced the horse carriages. Just like Craigslist replaced the newspaper classified ads industry. Just like amazon replaced bookstores and other brick & mortar stores. Just like what uber/lyft is about to do to the taxi industry.\n\nCryptos will replace fiat. \n\nWhen the next crash comes, and it will, there's no ifs, ands or buts about it, it's only a matter of time. \n\n### When it does, your crypto portfolio is gonna explode! Are you ready?\n\n.\n\n.\n\n> Before you post, let me reiterate again: I'm not blaming the boomers for this. Because the Gov't did it. The boomers were lucky to be born in that era and I'm not faulting them for that. In fact, when the SS scam bursts, it is them that will be affected the most. That's why I'm writing this post, hoping it will reach far and wide. So people can start preparing and actually get richer after the dust settles.\n\n> Addendum: please don't comment about segregation and all that. I'm trying to avoid touchy subjects :(\n\n.\n\n.\n\nUpvote, resteem and follow me please.... It will inspire me to write more :)",
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2017/09/24 16:17:36
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}everluckupvoted (100.00%) @samstonehill / i-have-been-living-on-nothing-but-steem-for-6-months2017/09/24 16:10:09
everluckupvoted (100.00%) @samstonehill / i-have-been-living-on-nothing-but-steem-for-6-months
2017/09/24 16:10:09
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2017/09/24 16:08:18
| author | everluck |
| body | great post! following |
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}everluckfollowed @samstonehill2017/09/24 16:08:00
everluckfollowed @samstonehill
2017/09/24 16:08:00
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}everluckupvoted (100.00%) @heavey / what-happens-when-bitcoin-s-bubble-bursts-part-22017/09/24 16:02:54
everluckupvoted (100.00%) @heavey / what-happens-when-bitcoin-s-bubble-bursts-part-2
2017/09/24 16:02:54
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