so, my friends think I have gone insaine
I keep wandering around singing
Hey hey heyyyyyyyyy
hey hey heyyyyyyyyy
wassawassawassawassawassaWASSAWASSUUUUUUUP
Diiiisssssconnnecccct!!! Oh I mean Biiiiitttttconnnnneccttt! |
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Torque, Bitcoin does not give a shit what is good or bad for him. In the past the price has reduced by 90% and look where we are now. The only thing we can do is pave their way for exponential growth and adoption. Artificially restricting its growth causes a direct benefit for the altcoins.
Oh sorry, didn't realize that I had my foot on the Bitcoin brake. I guess I'll take my foot off now...   |
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I know all you guys all want to see a 6-month moonshot straight up to $100k, but I don't. That would be the worst thing to happen to Bitcoin right now. We need to build a super strong base of support.
Honestly if Bitcoin just quietly stayed out of the MSM and slowly crept back up to $20k over the whole course of 2018, I'd be really happy. You guys should too.
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If BTC or any other crypto can be manipulated so easily just by group of whales then how is it any different than any other STOCKS/SHARES ? where company shows fake profits and raise the stock price and later claim bankruptcy etc..
Since BTC is not regulated there is hell lot more chance of manipulation by the group of whales.. is it not??
Nope. The stock market is pure fraud: https://bitcointalk.org/index.php?topic=2098580.msg21161390#msg21161390 |
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I think it is juuuuust a bit premature to call the mesh topology a done deal. I hate Ver as much as the next guy, but a few enthusiast nerds testing doesn't really prove anything.
It is not going to surprise me one little bit if, in the future, I want to transact with, say, Digikey that will entail using my channel with Amazon, who has a channel with, say, McMaster Carr, who has a channel with Digikey. Centralization of major LN nodes is a real danger that we need to be vigilant about.
I dunno man, seems like it's off to a good start to me. https://i.redd.it/yi3az7rqwnc01.png |
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There is no boat to miss. There will never be a boat to miss.
Bitcoin is still in early early adopter phase.
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Silver going back to $4, r0ach. Prepare your anus.  Meanwhile Bitcoin will makes its way into the SDR basket. The U.S. will adopt the Bitcoin Standard to back the dollar. |
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Ok, this dogmatic adherence to this triangle pattern is just really stupid. I guess it's all bots in control...  |
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So I just got some sobering news. It seems that the ringleader/alpha dog of my old PM stacking crew has died. He was a pretty large gentleman, with a caloric appetite to match, but was about my age. This guy stacked silver all his adult life, rode through the $4x spike because, of course, it is going MUCH higher right?
At the risk of rOaching out, I actually still believe that Ag WILL go much higher...someday...unfortunately that day was not soon enough for my friend.
The market can indeed remain irrational longer than you can...um...remain...
it's got me thinking
Sorry to hear that man. Yes, have a plan to enjoy some of life along the way, because you never know. But also don't give up too early either. A sad business.
Yes I agree, silver and I reckon gold etc could be in for a massive rise at any stage soon. The dollar is due a real run and not everyone will back bitcoin. It goes without saying that btc will reach more dizzying heights.
I've always found one of the problems with pms is their very physicality. You get to hold an oz of silver, and what's it 'worth'? 20 seems about right, but 400, for this? Dunno.
Funny, I was just thinking the same thing when I held one of my 1 oz. gold coins the other day. $1350 for this little piece of metal? Crazy. I also stack some silver as well. I wouldn't be surprised to see $400/oz. silver in my lifetime. |
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We will not leave the triangle until we break 11460.
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This looks ridiculously orderly to me.  |
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I'm trying to figure out the exact moment bitcoin jumped the shark. It's either Tai Lopez or the tweet by John McAfee telling people to buy some coin named FINA that is run by a "Nigerian criminal organization". Instead of Nigerian princes coming to you to scam for money, you are now seeking out Nigerian princes to donate money to instead.
Bitcoin never jumped the shark. It stands alone surrounded by a cesspool of garbage. The rest of the ponzi scamming shitcoin crypto market did though. I cite Bitconnect and DeezNuts as prime examples. |
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Well let's put it this way: Davos attendees don't bother wasting their time creating a panel and discussing things that are just a flash-in-the-pan or Tulips.  |
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Why all filthy rich guys are selling hundreds and thousands of BTC at that price? What are they thinking - the end of the world? Or early retirement? What if by the end of the year BTC hits 50K or even 100K $ and they realize how richer they could have been if only waited for several more months? But no, why have 100 mln in several months, while I can have 2-3 mln and retire now. Pathetic Moving old coins to segwit wallets? Simplistic guess, but I'm not Torque. Ask him!  If he was talking about the run-up and then dump from $19k, that was just a bunch of retard whale traders using a last gasp PnD to cover their taking a rather large position in Bitcoin, before the Futures market got started. It was a win-win-win-win for them: 1. They could cover their taking up a large position whilst whipping up the momentum trade on hype 2. The sheeple and guppie traders would buy into the rally at exactly the wrong time 3. They could then short at the top, with a lot of coins on exchanges to leverage for the short, and pretty much double their position 4. The dump scared away all the Average Joes that were thinking about getting in for at least another year Now they pretend that the bull run is over, and let the market wash trade sideways in a narrow band. Hoping that the get-rich-quick n00bs will get frustrated with no upwards price action and sell, right into their buy walls. But they ain't really foolin' anyone with that shit... Wall street desperately wants your bitcoin. |
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Ugh, Theymos gives us "merits" when all I really want is a "demerits" function.
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Guess it's bloody friday again. All coins and Alts are down
Oh and hey look, another confirmation that all of Altlandia have hitched their wagon to Bitcoin's price with auto trading bots. So when Bitcoin goes down, they all go down too. So I guess there will never be a flippening. No alt will ever surpass Bitcoin. Who knew? /s |
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Projecting one's own motives and beliefs/understanding onto the great unwashed is I think the most common delusion among (otherwise?) intelligent people. In this echo chamber, BTC is best because technical analytical blah blah, where clearly the world at large cares not at all. It is the $$ and <b> adoption of these uninformed and unintelligent masses that is required to make 'progress'. Catering to them may be a sell out, but it is undeniably effective. </b>
This. Some days I sit in disbelief at the ignorance of what can be refered to as "the masses". The intelligent to stupid ratio seems tipped in an unfavorable direction. It often seems as if everything in day to day living is based on the simple task of manipulation. I say "simple" because it often seems way too easy to sway the opinion of "the average person" or make them think they need something that may be completely worthless. Ty Warner built a net worth of $2.5 billion by selling animals stuffed with fucking beads. Hell... the guy who sold Snuggies even made a cool $200 million. No one needs a beanie baby or a snuggie but, they were manipulated into believing there was a need for them. Crypto is overrun with everyone and thier cousin making alt coins and promoting them. Shit... the other day I saw a coin called "DeezNuts" https://deeznuts.in. I wonder often if as we approach mass adoption that marketing and advertising will push an undeserving coin with poor tech ahead of Bitcoin as "the masses" gobble it up. Sure the tech behind it might be shit but, that's not always the most important thing to "the masses". Or maybe I'm just paranoid. I agree. I remember a time when the pre-qualification for a company going IPO was that they were just starting to turn a profit. Nowadays we have public companies like Tesla, Twitter, Snap, and Netflix that burn through billions of dollars every quarter or year, and make waaaayy less net profit than they spend. And yet their owners are millionaires and the stock is flying higher and higher. Makes perfect sense, right? |
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Robinhood popping up in other countries. Looks like they are doing a global push.
Honestly good for them. Competition in the brokerage space is a great thing. The only thing though, I hope they stick with just Bitcoin and ETH. If they start adding other shitcoins it'll just go downhill from there. |
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In the end, it's all a gamble, I just like the odds better on some of them that few people see for now (then everyone else will see it and have their "Napster" moment, that one dies and gets "torrented", but the world changes anyway.)
Mostly is that latecomers feel that btc can hardly make another 10X+ from current levels, so they end buying lottery tickets priced $1 or less to have their chance for a 100-bagger, without even looking at the monetary base or any other technical spec of their tickets. I feel like this is the *real* reason. The delusion these people feel is trying to justify the "reasons" why they are doing it, but they can't ignore the underlying reality. Also, will it surprise them when Bitcoin does indeed do another 10X or 100X? It will, the only factor is how long it will take. Bitcoin is held by < 0.01% of the world population. Not every millionaire in the U.S. has any bitcoin. Wall Street hasn't even begun to up-leverage Bitcoin, because they don't have a way to do it effectively yet. |
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