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I remember theymos ever so slightly shilling it on this very forum. I actually started buying it in the hope that it was the next big thing. Its all time high was 5 years ago, it crashed hard & has never recovered. It’s done nothing for years, it’s a dead project sadly. It was worth throwing a few hundred bucks in early on though, incase it exploded. It’s a dead project though now.
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I’ve seen this chart pop up several times over the years. It’s incredible that it is still somewhat relevant. It seems to closely follow Bitcoin four yearly cycles. By that reckoning we should see a bullish 2024 & 2025, before seeing a downturn in the following couple of years. Obviously you should never rely on one chart but this is still definitely worth watching, along with other research.
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Saving whilst young is a great idea as it plants seeds to harvest when you are older. Do not save & store your wealth in fiat currency though because inflation will undo all your hard work. You need to invest in real estate, Bitcoin, stocks.
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It’s not just the US, we have it in Europe also, waves & waves of immigrants arriving on our shores. Most of them just can not adapt to our way of life. They don’t want to work, they are sexual deviants. I would be happy to see much stricter rules on immigration. It’s OK to take some women & children from war torn countries but all I see is military aged men arriving. I don’t like it, no.
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That’s the risk we all take when we invest in crypto. It’s no different to the old Wall St tactic of buying penny stocks. Most of them fail but if you hit a good one you will make a lot of money. I still advise you to mostly buy Bitcoin & ETH but allocating a small % to long shot cheap altcoins can be a good idea.
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Any service that helps workers to send cash back home to loved ones is great. Low earners struggle to find affordable remittance services with low fees so if Filipino workers can take advantage of this service then it’s really good to see. Bitcoin is helping people & changing lives.
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The best time to buy Bitcoin was a decade or more ago but if you are newly aware of Bitcoin & haven’t bought any yet, the next best time is right now. Protect your purchasing poser from the stealth tax/theft that is inflation. Bitcoin is the present & the future, be on the right side of it.
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I don’t like it, it is an attack on Bitcoin. It’s done purely to bloat the mempool, make it more expensive to use Bitcoin & simply annoy people. There are so many scammers & grifters, money launderers etc involved in ordinals & nfts. They should go & use BCH or BSV that use bigger blocks. They won’t do that though because that doesn’t give them the attention they need. I believe that Luke Dash Jr said a fix will soon be here in Bitcoin Core update that will make it impossible for them to continue, I look forward to it.
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You can get rich by buying memecoins, lots of people do but more people don’t get rich buying them than do. I made a post in a very similar thread not long back. The chances of discovering a memecoin early enough so that investing in it can change your life is low, really low. Normally you only become aware of a successful one when it has pumped so hard that it is trending on social media or talked about in crypto circles. By that time most of the parabolic price action has already happened & you are just potential liquidity for the developers & backers to dump on. You would have to be extremely lucky to find a memecoin that does really well & invest before it explodes upwards, giving you enough time to sell & get rich.
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The advice he gave seems very safe, very uninventive. You can’t get rich like that but I assume he can’t start telling you what to invest in as you could have grounds to sue for him giving bad investment advice.
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Just having a look at it on Coinmarketcap, seems a good punt ahead of the upcoming bull. The whole supply is only 10,000,000. It’s currently at $10. There should be a definite 10 x price potential on this in the next 2 years. Definitely one to keep an eye one, thank you for the heads up.
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This token is nothing special. It's just a regular shitcoin, of which there are a huge number.
I am always looking for the latest memecoin shitcoin that could make me rich. I saw this coin on Uniswap & I did consider buying a small amount but sense took over & I refrained. It is probably just the latest rugpull designed by the devs. |
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It will never happen because miners simply would not cooperate. If in some extremely likely event this was to happen then Bitcoin is dead. Thankfully it will not happen.
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Now is the best time to buy your altcoins. If you buy after the halving, you will probably end up paying more for the altcoins you like. Obviously if you plan to hold long term it is less important but regardless, it’s better to buy now than after the Bitcoin block reward halving.
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China has wanted Taiwan for a very long time. I don’t think they are brave enough to attack though because of the response there would be from other countries. If no other nation resisted then China would invade but I think China are very wary so they will not attack.
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Many predict that AI tokens/coins/platforms will be this cycles version of NFT’s, ICO’s etc. I actually Googled which AI coin to buy a few weeks ago. There are contrasting reports, it’s a bit of a minefield but yes, I think they could boom soon.
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Not looking good & we all know that the West has big exposure to Chinese markets & vice versa. It’s like a game of dominoes, when one falls they all will. I still hope the world economy can stay resolute, we really do not want to witness another Great Depression.
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I remember seeing on the news footage of people in supermarkets, racing to buy toilet paper & fighting over it during Corona Virus. I find it ridiculous myself, if we ever find ourselves in an actual deadly pandemic that kills more people than survive it, the last thing I will care about is toilet paper. I will wipe my ass on anything I can find before I start fighting over toilet paper.
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Great thread, I have seen people say that acquiring Bitcoin now at current prices is like being real estate in New York 250 years ago. I think it was Michael Saylor who explained it in great detail regarding the comparison. Buying Bitcoin now is something that could create generational wealth for you & your family.
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I’m glad we are free of all this nonsense now, it didn’t make any sense why the world was so strict in enforcement around the virus. The death toll vs infection rate was miniscule. The heavy handed approach by governments was not warranted. I am glad we are free to live our lives now.
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