Trump fires back at Obama, boasts he's got 'magic wand' on economy

Dark Soul said:
I suppose, in theory, some asshole like your god George Soros could do that, but then h'ed be wiping out his investment as well.
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Ah, so it is susceptible to market manipulation. So what's the benefit? You can't use it anyway. You said yourself you have to convert it into currency that is accepted by retailers and banks. Why would anyone pour any money into what is so obviously a scam?


Dark Soul said:
Again, I have a relatively meager holding in Bitcoin. But it's merely part of a large, diverse portfolio.
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Don't believe you.
 
Dark Soul said:
I don't need to watch your youtube
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Proudly defending your ignorance? That doesn't look good on your argument.

You don't want to watch anything that might make you question your instincts and judgment.


I have completely destroyed your argument about the benefits of GovCo backed currency manipulation.
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You just admitted, one post ago, that literally anyone can manipulate it to screw you over; then you also admitted that you have to convert Bitcoin into currency people actually accept. So you've made two strong arguments against it without even realizing it.
 
LV426 said:
Proudly defending your ignorance? That doesn't look good on your argument.

You don't want to watch anything that might make you question your instincts and judgment.




You just admitted, one post ago, that literally anyone can manipulate it to screw you over; then you also admitted that you have to convert Bitcoin into currency people actually accept. So you've made two strong arguments against it without even realizing it.
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This tactic that you're attempting is called "straw man".
 
LV426 said:
Ah, so it is susceptible to market manipulation. So what's the benefit? You can't use it anyway. You said yourself you have to convert it into currency that is accepted by retailers and banks. Why would anyone pour any money into what is so obviously a scam?




Don't believe you.
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Again, who cares. I've proven my point that the USD has not benefited from QE. All that did was steal from people with cash and savings, and that hurts the lower class like you much more than it does me.
 
Dark Soul said:
This tactic that you're attempting is called "straw man".
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How so? Explain. Explain how I'm building a straw man argument.

You actually constructed a straw man argument by pretending I made a straw man argument.

The irony...Oh the irony...
 
Dark Soul said:
Again, who cares. I've proven my point that the USD has not benefited from QE
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You didn't prove that point. The only thing you submitted was Bitcoin, which isn't even a real currency.

I however showed the dollar's strength against the Yen, Euro, and Ruble.

So it would seem you didn't prove your point and I proved mine by a score of 3-1.
 
Dark Soul said:
All that did was steal from people with cash and savings, and that hurts the lower class like you much more than it does me.
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I don't believe you when you say you're wealthy. I think you're making it all up so your argument has credibility on an anonymous message board.

Secondly, Bitcoin is going to end up with you losing everything.
 
Dark Soul said:
Again, who cares. I've proven my point that the USD has not benefited from QE. All that did was steal from people with cash and savings, and that hurts the lower class like you much more than it does me.
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This guy...what a fucking poseur.

Bitcoin is going to collapse.

You don't have to take my word for it, but maybe you should take theirs:

Marketwatch: If bitcoin is a bubble, the ‘panic’ stage is near: economist

Forbes: Why The Bitcoin Bubble Will Burst In 2018

Coindesk: Bank of America: Bitcoin Bubble Is Already Popping

Bloomberg: Bitcoin, the Biggest Bubble in History, Is Popping
 
LV426 said:
How so? Explain. Explain how I'm building a straw man argument.

You actually constructed a straw man argument by pretending I made a straw man argument.

The irony...Oh the irony...
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If you want an education on debate technique I suggest that you go to college.
 
LV426 said:
I don't believe you when you say you're wealthy. I think you're making it all up so your argument has credibility on an anonymous message board.

Secondly, Bitcoin is going to end up with you losing everything.
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What part of "diverse portfolio" are you having difficulty with?

:oprah:
 
LV426 said:
You didn't prove that point. The only thing you submitted was Bitcoin, which isn't even a real currency.

I however showed the dollar's strength against the Yen, Euro, and Ruble.

So it would seem you didn't prove your point and I proved mine by a score of 3-1.
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All of those are paper-backed currencies and can therefore be manipulated.

Gold, per ounce
Jan 2009 1097.88 USD (Begin Obama)
Jan 2017 1257.53 USD (End Obama)

Game, set, and match.

:kipyes:
 
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