Here is why the merit system is fucked up. That was a good article you wrote on the 3 Bitcoin Whales. I am the only one that gave you merit for this. Do I think that I'm the only one that feels that way? Hell no. I guarentee they are others that like it too. But getting them to credit you the merit is yet, another endeavor in itself. Nonetheless, I give you a merit, and hope you get many more for it.

Do you ever feel like you're overly obsessed with cryptocurrencies or trading/investing in general?
Personally, I'm fairly satisfied with my investments/decisions so far but yet I'm looking for market opportunities most of the time. I think that's mainly because of the fact that majority of my time browsing the internet I watch related content. I'm passionate quite passionate about it.

Yeah, almost every altcoin price is correlated to bitcoin price, if bitcoin moves up then alts move up vice versa. once bitcoin stabilize after a big move up, altcoins get crazy pumps. let's hope we see bitcoin and altcoin bull market again and i think ADA definitely will x5 in a bull market.

I don't really understand graphical analysis at all? Can you tell me more about how would ADA be multiplied in this year. If your speculation is right then I think I will benefit from it also. I have bought the coin and continued to hold until now, I have already lost 60% of my ADA when market started to decline. I sold them and left about 40%.
It's so hard to predict the market and I think even experts have the problems in prediction too, there are so many things that's happening now and I hope things will be better tomorrow.

Thanks for sharing, but not what I'm looking for.


I've read your post but I didn't understood it very well. What o you mean by whales? It seems in the post that you are describing what you consider to be the main uses of bitcoin, but I don't know what king of discussion you want to carry on that thread.

Crypto currencies are uncertain and whether it is ETH or ADA or something else we cant predict surely that they will spike in the future. People have failed the bitcoin predictions after having huge data for analysis and still we cant predict them properly.

How can anyone be sure about the altcoins. I know there is some sort of hope to everyone that ADA will spike, XRP all spike but why to live with lie and make investment? Just think that if you are making an investment then you are carrying risk of it and you can just wait and watch for the market to take giant leaps. Thats where comes the art of holding and selling high!

If ADA goes x5 mid year then that good news, if it doesn't then just keep on holding!  

If ADA goes x5 mid year then that good news, if it doesn't then just keep on holding!

I have a theory according to which the currency exchange rate, in addition to the speculative component  is on the necessary factors to the world community, elites and businessmen (whales), they release a huge flow of funds where like on the island there are plenty of altcoins and bitcoins. Let's try find out what caused the crazy growth of cryptocurrency during the last year's .

   The first whale is actually what for what was created bitcoin - fast, convenient and safe implementation of the transactions, the replacement of traditional banking. Previously I've submitted an article about little Chinese city in Moscow, and how they use bitcoin to avoid customs control and taxes. Involving any currency in large cash flows is the reason for it´s pumping , increasing of the capitalization. There you can also add the sale of all the iron from Bitmain for bitcoin, and in general, there are a lot of places in China where  bitcoin is a very simple and convenient financial tool. What are the negative aspects of this "whale", what can lead to its sudden death? Apparently, the pressure the United States, a country that now, can not only resist China's actions, but also actively oppose them, if within the summit of G20 or any others, the US manages to push through "sanctions against bitcoin," and it will be prohibited any kind of use, exchanging. Then it will completely kill its ability to quickly and easily move money from point "a" to point "b", respectively, we will expect a strong fall in rates, down to self-cost, or even lower.

   The second whale is the speculative effect of insane volatility and pump, for reasons mentioned above, people who bought bitcoins for $ 20,000 are already heroes of memes and stories (like a man who bough pizza for 20k bitcoins). In fact, when bitcoin falls, there are much less people wanted to buy it, dump is the object of interest only among professional traders who can play on dumps, but not even so long as cryptocurrency will not reach the bottom and it's stabilization.

   The third whale is the most stable and reliable. Crypto-currencies are a simple, convenient and profitable way to keep money safe, even if the first two whales die crypto-currencies will continue to exist thanks for drug traffickers, drug dealers, corrupted bureaucrats, law enforcement officers and businessmen. Nowhere labeled money has grown many times, that's why the work of the FBI has become much more boring, instead of photo of pallets of cash, lambos and mansions, the FBI reports on seized crypto-currencies. Then they will be auctioned off. In the Russian Federation with its corrupted militarists, technical progress has not reached them yet, but I think more and more of these citizens make  the appropriate conclusions and instead of pallets of cash,they will keep everything in the cryptocurrency, because it is so easy to escape, go to any place in the world, and to hide from everyone. This category of citizens do not give a f*ck about the increasing rate, ideally the cryptocarrencies were stable and got rid of the frenzied volatility, and that it could easily be cashed anywhere in the world, or at least among its owners with a higher percentage fee. It is almost impossible to win this battle, if bitcoin has been learned how to be tracked already with the help of special software, took all the stock exchanges under control, then decentralized exchanges, special exchanges, special networks will be created, if the rounds for miners start and the transactions cease to be processed, but what will be the course of the bitcoin in this case, large question.
     So what do you think?

The original of my post is here