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Jed
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@NRLSilverback Why would you say her name? You’re going to summon her like Bloody Mary.
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I remember someone telling me I could double my coins if I dropped them on the ground and pressed alt + f4, right next to this bad boy
RuneScape taught me valuable life lessons that the streets never did
Michael Orthodox ☦@Michaeldudufudu
Runescape Varrock fountain as it appeared from 2004 - 2006
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@PhilGould15 Do you have any original thoughts of your own here or are you just going to copy and paste whatever Claude spits out at you?
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Bitcoin is a zero-sum game.
It’s brilliant marketing, revolutionary language, technical complexity, it sounds impressive, and it’s wrapped around … nothing of substance.
It solves nothing, it produces nothing.
It doesn’t create wealth. It simply redistributes money, at a tremendous cost by the way.
The ultimate test of value: what happens if it disappears?
99.9% of the world wouldn’t care.
Bitcoin was never essential. It’s a side bet that some people took, not an infrastructure the world needed or now depends upon.
But enjoy the ride. If you can make a quid, good luck to you. Just remember that anything you make, someone else had to lose.
Raf@SavageMaster321
@PhilGould15 And I totally agree.. and BTC fixes those things.. no integrity - BTC is audited every 10min and proof of work required No security - BTC is the most secure payment network on earth with more than 150 million transactions last year No kiddo here Gus Gotta adapt or get eaten
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Best explanation I’ve read … Fight over this one …
Bitcoin’s original value proposition, was scarcity - only 21 million coins can ever exist.
Limit supply. Drive demand. The price goes up.
It was also unregulated.
That’s the actual mechanism behind the bubble.
It’s a classic pump structure:
Phase 1: Early holders accumulate at low prices when there’s genuine scarcity because the market is small.
Phase 2: They trade amongst themselves at progressively higher prices - not because of fundamental value, but to establish a “price history” that looks like organic growth.
Phase 3: Media hype and fear of missing out,(FOMO), brings in retail investors who see the price chart going up and think they’ve discovered the next big thing.
Phase 4: Early holders liquidate into that new liquidity at inflated prices. Retail investors are left holding the bag.
The unregulated nature meant:
∙No disclosure requirements
∙No market manipulation rules
∙Wash trading was perfectly legal
∙Pump-and-dump schemes had no consequences
∙Exchanges could trade against their own customers
∙No circuit breakers when prices collapsed
You could literally coordinate with other large holders to buy from each other, creating the appearance of demand and rising prices, then dump on the retail crowd that inevitably showed up chasing returns.
Wall Street has also created financial instruments (futures, options, ETFs, swaps) that let them trade “synthetic Bitcoin” - basically IOUs and bets on Bitcoin’s price without actually owning the underlying coins.
Result -
One actual Bitcoin can now back multiple financial products simultaneously.
So while there are still only 21 million real coins, the tradeable supply of Bitcoin exposure is effectively unlimited.
It’s like fractional reserve banking - the same dollar backing multiple accounts.
Result -
Price is no longer determined by actual Bitcoin changing hands.
It’s determined by these derivative markets where big institutions can:
∙Create massive short positions (betting prices will fall)
∙Force overleveraged traders to liquidate
∙Buy back cheaper
∙Rinse and repeat
Bitcoin has become just another derivative-dominated asset that Wall Street can manipulate through leverage and synthetic exposure.
The “digital scarcity” narrative is undermined when infinite synthetic versions can be created.
This doesn’t mean Bitcoin is worthless, just that it’s become exactly what its early advocates said it wouldn’t ever become - another financial asset controlled by the same institutions it was supposed to bypass.
It’s the difference between what something was designed to be, versus what it actually became, once real money and power got involved.
The Wall Street derivative layer that the previous analysis described, is actually just the sophisticated version of the same game - creating artificial price movements through leverage and synthetic supply, except now it’s institutions doing it instead of early crypto holders.
Either way, the retail investor is the mark at the table. They just don’t realize it until the price is already falling.
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@BrungusTwo It's an inverse correlation if you are @JedRose17
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@JedRose17 Hello there! We're sorry to hear about the issues caused by your order shipping in it's original packaging and appreciate the feedback. As we work to eliminate unnecessary packaging, we’re optimizing the type, material, and weight of additional packaging when it’s needed to deliver products safely. There's more information available here: amzn.to/4pErQAH. If you require additional Amazon packaging, select "Ship in Amazon packaging" on the checkout page. We will send the item in an Amazon package at no additional cost. For larger items that can't be sent in an Amazon package, this option will not be available. If you're having any issue with an order, just let us know. We're here to help if needed. -Issy
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oh we're just making accounts to make money in September now, are we
2001 Live@25YearsAgoLive
“RuneScape,” a new MMORPG, is launched.
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Jed retweetledi

I'm not going to lie. I thought some of these "prominent Australian sports people" had already died. (Dawn Fraser, Sam Newman). Strange, I don't remember them speaking out against Israel's genocide. 🤔 #auspol #IsraeliTerrorism #GazaGenocide

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