I see that Jean-Claude Fucktard is back. Good thing I have him on /ignore.
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This is good for BTC, right? Breaking: Citizens of the world ban Google for telling us what search engine we can use, and ban YouTube for telling us what content we can consume. Also boycott Google Home state-sponsored in-home spy devices.
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This is still my favorite TeraBeara chart from a year ago. According to her long-term prognostications, we should be around $800 right now. Hey, only 1 order of magnitude off! Accordingly, if Tera believes we'll hit $3,000 this year, maybe we'll hit $30,000 instead! I mean no ill-will, Tera. We've needed a few PermaBears to round out all the PermaBulls, and I've appreciated you reining in the troops' lofty expectations at times. But life can't be all doom and gloom. We need hope, too, and I hope you find yours. Actually the difference between PermaBulls and PermTrolls(er, Bears) is that: 1. Bulls joking post predictions that they'd like to see happen in the near term, but almost never come true. But they will definitely come true in the long term. 2. Bears spend all their time trying to convince everyone that their amazing predictions, charts, and other bullshit are right on, when they have absolutely no fucking clue what they are talking about. If they get lucky and are right, it's purely coincidental.
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There’s FUD around Kucoin running a fractional reserve. Consider pulling your coins off.
Telling people to pull their coins off of some shady ass fly-by-night Cryptsy 2.0 is like advising millennials that eating Tide Pods could be "a health risk".
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https://finance.yahoo.com/news/dropbox-sets-ipo-range-16-124347573.html?_fsig=Nii754fSl_1w0pUkqDZphw--Ya' know why companies can IPO at $18/share but haven't proven the revenue and Average Joe is ok with that, but Bitcoin IPOs at $0.0000001 cent and people can't understand why it's now at $9k/btc? It's because people don't understand how and why company IPOs are structured the way they are, and who ultimately benefits from that arrangement in the long run. If they truly understood the difference, they'd see that Bitcoin has more asymmetric upside potential (still) of any investment out there.
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Ya'know, those smug douchebags can mock and parody Bitcoin and crypto all they want. I'm sure Jamie Dimon and the big bank establishment is loving that shit, as it keeps the Average Joes away longer because they mock it, like Bitcoin and the whole space is just one big scammy joke, a short term fad that only idiots would get involved in. Mind fuck on Average Joe, mission accomplished. But we'll have the last laugh alright... oh yes...
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Is it just me or is the mood in here turning very #CRAEFULGANG?
Craefulgang, you wouldn't wanna spill your Covfefe
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I can’t think of anywhere you are more likely to die in a random hail of gunfire or be eaten by cannibals than being surrounded by 6,000 preppers.
Take a yacht with food and medical supplies out into the Pacific. A monohull so you can take a knock down in a storm and pop straight back up again.
And literally be dead within 24-48 hours. Capsized, out of food, no water, and eaten by sharks. Nah, I'd take my chances with the preppers. They'd be glad to give you food & water in return for hoeing the fields.
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The market is so thin and controlled by so few right now, they can literally paint a fake 'double bottom' and then just dump it.
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Lol, do people really follow these clowns? They sound just about as clueless, and no more reassured of anything, than the average crypto kiddie that trolls the /r/BitcoinMarkets page. That being said, sure there's a possibility of no moon this year. But in that case the big whale insiders would already know that, and would milk everything and throw in the towel by mid-summer. If true, then we should see a bottom by then. Volatility should fall to only $100+/- moves per 2-3 weeks once we have reached a bottom. However, if not and we are still floating around this level by July, then something bigger is coming later and the insiders are already aware and planning for it.
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Ewwweee, just look at those shitcoins sliding. Bitcoin dominance slowly rising again.
Time for the shitcoin pumpers to pump some random shitcoin out of the blue? Feels like it. I wonder which garbage it'll be this time. Gotta keep those pleebs on the shitcoin hype train, lest they jump off and onto the Bitcoin train where they should have stayed all along.
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Hardware is paid once up front, not per guess, and electricity is free in certain places.
Even in places like China where electricity is extremely cheap, miners often have to sign 6-12 month power contracts in advance.
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Gotta be honest, those 3 recent bull flags look fake as hell. I wouldn't be shocked to see another dip sometime later.
Won't change my strategy though. Buy and hodl!
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Breaking: China's Congress has passed a constitutional amendment that removes presidential term limits, allowing President Xi Jinping to remain in office indefinitely.
Breaking: Communism (*cough* Fascism) working exactly as intended.
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Without new kids bringing their allowance and lunch money into the market every day, hoping fpr a "10 bagger", Dentacoin and Electroneum will fade away. Ethereum and Bcash may fare better, but their market shares will slip significantly vs. the master.
Or how about these crypto kiddies actually doing some reading to discover why Bitcoin was invented in the first place? It certainly had nothing to do with it being a sure "10 bagger". It had to do with changing the world. None of their shitcoins come even close to such aspirations (nor will they ever be used for anything. Like ever.) I could have a whole portfolio full of penny stocks, but the likelihood of any of them being the next Google or Amazon is still zero.
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I think we're gonna reverse from here. Bottoming, RSI showing oversold on the 6h and 12h.
But of course the whales are gonna try and punish anyone opening a long here.
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Hey ya'll shitcoin holders? Can't you see that your garbage is directly tied to the Bitcoin spot price?
It's. Not. Going. Anywhere. Without. Bitcoin. Like. Ever.
Deal with it.
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Faster than a speeding bull run!!
More powerful than a locomotive meme!!
Able to fill pages with a single post!!
"look! up in the WOT!....
it’s a rocket..
it’s a train....
NO.... its WORDYMAN!!! "
Yes its Wordyman!
With many more powerful words than mortal men...
Wordyman !
Types pages with his bare hands!
Able to arrange walls of mighty rivers of text!
fights a never ending battle against the trolls!!
...fudsters!!
in the wordy way.....*
*(apologies to the ancient Superman show )
His posts always sound like this to me...
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Imagine how fast the price will recover if there's an announcement that a court's stopping the gox trustee from dumping the remaining coins.
Always remember though, there is no selling without a buyer. So whoever is 'catching' these coins as these prices will most certainly hold them for longer term. Unless it's just a couple whales dumping into their own walls, hence manipulation...
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8000s here we come.
Looks like it Is crypto done?
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