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StefanMolyneux's profile
Stefan Molyneux
Stefan Molyneux
Stefan Molyneux
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@StefanMolyneux

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Stefan MolyneuxVerified account

@StefanMolyneux

Peaceful Parent, Philosopher and Host of Freedomain Radio. http://freedomainradio.com  http://youtube.com/freedomainradio 

artoftheargument.com
Joined June 2011

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    Stefan Molyneux‏Verified account @StefanMolyneux 2 Dec 2017

    It's not so much that Bitcoin is going through the roof - it's that fiat currencies are in free fall, but only Bitcoin is noticing.

    7:06 PM - 2 Dec 2017
    • 371 Retweets
    • 1,428 Likes
    • gemc2 JJ BTC Paulski (BTC ⚡) CryptoPlankton⚡ Taylor Miles Mathew Smith dpiedimont89 Josef K. Bitcoinmodel
    87 replies 371 retweets 1,428 likes
      1. New conversation
      2. Ray Vahey‏ @rayvahey 2 Dec 2017
        Replying to @StefanMolyneux

        Hey Stefan, I encourage you to check out the tether situation at bitfinex. The bitcoin price surge seems in part due to dodgy dealings

        1 reply 0 retweets 2 likes
      3. Mark Brazis‏ @BrazisM 2 Dec 2017
        Replying to @rayvahey @StefanMolyneux

        these bitcoin evangelists don't discern between fundamental value and fraudulent value. they just want the price to go up at all costs

        1 reply 1 retweet 8 likes
      4. feelinmaga  👌‏ @feelinmaga 2 Dec 2017
        Replying to @BrazisM @rayvahey @StefanMolyneux

        Not an argument

        0 replies 0 retweets 2 likes
      5. End of conversation
      1. New conversation
      2. David Silva Smith‏ @DavidSilvaSmith 3 Dec 2017
        Replying to @StefanMolyneux @haydentiff

        I’m big on bitcoin but it’s people want to get rich fast & FOMO driving the price. Not people being unhappy with fiat.

        2 replies 0 retweets 6 likes
      3. Will Pangman  ⚡️‏ @Willwaukee 3 Dec 2017
        Replying to @DavidSilvaSmith @StefanMolyneux @haydentiff

        Beg to differ. The mainstream moment is upon us, and all the people flocking for advice are asking about savings for retirement due to distrust of all other savings products...pic.twitter.com/JCVuzA4Kv7

        1 reply 0 retweets 3 likes
      4. CRYPTO ECONOMIST‏ @spurgeon9196 3 Dec 2017
        Replying to @Willwaukee @DavidSilvaSmith and

        Wait til pension/retirement money is pumped into Crypto. Still about 18 months out.pic.twitter.com/RpxqQRIKXf

        2 replies 0 retweets 1 like
      5. David Silva Smith‏ @DavidSilvaSmith 3 Dec 2017
        Replying to @spurgeon9196 @Willwaukee and

        FOMO like nobody’s ever seen :)

        0 replies 0 retweets 1 like
      6. End of conversation
      1. Ozblock de’Molisher‏ @MahBlahDHommad 2 Dec 2017
        Replying to @StefanMolyneux

        Sigh...and I considered buying some bitcoin when it tanked to $11 a cpl of years back. I also considered buying Apple shares in the late 1990s but didnt. Needless to say, when it comes to investment advice, do as I say, not as I do :(

        0 replies 2 retweets 2 likes
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      1. Steve‏ @sl2111 2 Dec 2017
        Replying to @Revolt1933 @StefanMolyneux

        Agreed. That's why I own bitcoin AND physical silver

        0 replies 1 retweet 0 likes
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      1. New conversation
      2. Michael Gowdy‏ @MichaelPGowdy 2 Dec 2017
        Replying to @StefanMolyneux

        the top brass at JP Morgan is saying that it's literally worthless... which makes me think that it's the new gold standard

        3 replies 0 retweets 5 likes
      3.  🦊 🇺🇸  ❌ Roger  ❌  🇺🇸 😼‏ @ThatzJustMyView 2 Dec 2017
        Replying to @MichaelPGowdy @StefanMolyneux

        That is exatcly what I was thinking.

        0 replies 0 retweets 1 like
      4. End of conversation
      1. New conversation
      2. Wolf J. Flywheel‏ @RoughCarrigan 2 Dec 2017
        Replying to @StefanMolyneux

        No. It's that only bitcoin is allowed to react. But wait till the CME is selling bitcoin "futures contracts" that, in a magical result typical of the U.S. financial system, can't actually be presented for payment in bitcoin. Its price will be hit just like gold and silver.

        1 reply 0 retweets 1 like
      3. Disobedient Kulak‏ @martelshammer32 2 Dec 2017
        Replying to @RoughCarrigan @StefanMolyneux

        Exactly. Once it’s traded like a gold/silver ETF, and profits are taxed, it’ll free fall. The fix is already in. It’ll be “rehypothecated” like gold.

        1 reply 1 retweet 1 like
      4. Wolf J. Flywheel‏ @RoughCarrigan 2 Dec 2017
        Replying to @martelshammer32 @StefanMolyneux

        Yup, there are only 21 million possible bitcoin, iirc, but watch, the CME trading will go up to 50 million bitcoin traded per day via "futures contracts".

        0 replies 0 retweets 1 like
      5. End of conversation
      1. New conversation
      2. liveFreeorDieReport‏ @LiveFreeorDieR 2 Dec 2017
        Replying to @StefanMolyneux

        Im not sure this is true. Price surge for bitcoin has as much to do with falling fiat currency as the dotcom bubble did.

        1 reply 0 retweets 3 likes
      3. Bitcoin Bear‏ @btc_bear 2 Dec 2017
        Replying to @LiveFreeorDieR @StefanMolyneux

        Don't think he meant this to be taken seriously. Just a play on perspective.

        1 reply 0 retweets 1 like
      4. BadaBling‏ @BlingBada 2 Dec 2017
        Replying to @btc_bear @LiveFreeorDieR @StefanMolyneux

        Actually no he is serious. The inflation of the dollar compared to housing, stocks, daily goods has been dropping and everything else increasing. Technically that wouldn’t be a big deal but when the dollar drops to the Big Mac and goes up $.50 wages stay the same. Simple Econ

        2 replies 0 retweets 2 likes
      5. 1 more reply
      1. New conversation
      2. GoldSilverStack‏ @charlezstack 3 Dec 2017
        Replying to @nick_r_bata @StefanMolyneux

        A few banksters get together each day at the London Bullion Market Association (LBMA) and say okay this is the price of gold today---"London Fix" never goes away... Sorry didn't mean for this to read like a song lyric. 😞

        1 reply 0 retweets 1 like
      3. 1 more reply

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