In the early 90s, many of the early investors in internet companies sold off their stocks.  It didn't look like the internet was going anywhere,  and there were plenty of new stories disparaging it.  With the sell off,  big institutions started buying the stocks at fire sale prices.

Fast forward to 1995-96.  Scam companies became rampant and companies 100 years old were adding a .com to their name and tripling their stock price overnight.

Little by little,  those scam companies were exposed and soon the bubble burst.  But the good companies continued to balloon in spite of the collapse.

The same thing is happening in crypto.

It's 1996, and we have 1000's of currencies.... That we don't need.

It's a game of musical chairs.  We don't need 30 privacy coins.  Maybe we just need 4 or 5.

This year, we will see the beginning of shitcoins start to flounder while useful coins rocket to the sky (see my signature)

The most important thing to do if you're new to crypto is to ask these questions:

1. Does this coin solve a massive problem?
2. Is the team incredible?
3. Is there a decent following?
4. Has this coin been audited for security issues?
5. Was there a shady premine or other red flags?

Stick with these questions and DO NOT SELL your good coins.

Big banks,  corporations, even governments are beginning to jump in to crypto.

Once that wave comes,  you will be happy you held your coins.

Institutional money is moving into cryptos now (see signature).   You can see how fast Bitcoin recovered last week..
 
Two accounts sold off over 100 million in BTC yet the price bounced back a day later!

This means big gains for everyone for at least the next few weeks. 


What do you guys think?

So were in another bear market and everyone is saying the sky is falling. 

Its predictable really.  Human nature is geared towards a short term perspective. 

However, looking at the market years from now, it will seem like a tiny blip.

Heres the truth:

1. Venture capitalists are pumping money into crypto during this market.  Whenever you sed that, it is a GOOD sign.  VC money is smart money, plain and simple.

2. The internet took years before it went mainstream.  Everyone knew about it in 1997, but barely anyone had invested in it.  So it is NOT too late to profit  massively from cryptos.  Quite the opposite (see my signature)

3.  The market for cryptos is the worlds money supply + store of value assets + all the industries individual crypto features affect. Such as smart contracts (contract law), data storage, prediction markets, dapps, payment systems.  Were talking at least a potential of $250 trillion.

4.  Blockchain is here to stay.  Its just too incredible a technology.  Its too efficient, too inexpensive, too useful to pass up.

5.  Big trends:  everything is going towards data; cyber warfare, diagnostics, databases, advertising.  It only makes sense that money would go that way too. And another big trend would be the bucking of the system by the public.  Trump, Brexit.  The masses will flock to cryptos once they understand the power it gives them.  Just like the internet.


So just laugh when all the chicken littles prattle on about bubbles and tulips and whales.

Just BTFD, HODL and get rich.

More like, the whales are buying evrrything cheap from panic sellers and non HODLers and waiting for the market to go up as it inevitably will.  Volatility like this is to be expected as its still a new market and big institutional money has barely started to take an interest

Horrible idea.  These are high risk investments, people forget that.

$50,000 is totally reasonable to me.  I know people will say thats crazy but institutional money is only now jumping in.

Nah, I think ZCL is dead.  There can only be so many winners in one area.  I do believe that BCTP will be a winner tho

1. ZRX
2.  Cindicator
3.  ZCoin
4.  Ethereum

Zcoin is probably the most undervalued privacy coin out there now. Its a PBC pick (see signature), but I think the only other privacy coin close to being that undervalued is possibly Zencash.

1. Komodo
2. Cindicator
3. ZCoin

Yeah its definitely GTO   PBC is awesome but their report is too expensive (see my signature).
I have to say GIFTO is the weirdest pick so far.  But i guess thats because digital gifts are big outside of Asia at the moment.

So I bought a ton of ZClassic because theres going to be that airdrop of 1:1 ZCL to Bitcoin Private.
So you figure BTCP could be huge considering that BTC is not very private and new investors are figuring that out now.  I think it could be bigger than BCH frankly.  Im surprised it wasnt mentioned in the last PBC issue as well (see my signature).

What do you guys think about the fate of BTCP?

Hey guys,
What do you think will be the biggest trends this year for successful cryptos?  Im thinking privacy, platforms, interoperability, security.

GIFTO (GTO) was palm beach confidentials pick this month but its kind of bizarre honestly. Its based on a gift system for content managers.  I havent invested yet, but what do you guys think about it?

If youre new, its best to just do good research (see my signature), find good coins and just buy and dont let go for years.  Maybe once you know the market well you can day trade. Just dont get involved in any pump groups because youll get destroyed.  Also, we have a beginners section on the forum home page which should have tons of info for ya.

Nothing wrong with just buying on the dips and holding. As long as you have good research sources (see my signature) youll be fine.

Have you guys heard about Bitcoin Private coming out?  Apparently you can get 1 for every ZCL (zclassic) you own when it airdrops on Feb 28th.  Bitcoin + privacy sounds like a freaking win to me.  What do you guys think?

Where do you guys get your info from?  Like Twitter, PBC, coindesk articles, etc.  Always looking for new sources for research

The best thing you can do is start by reading coindesk and cointelegraph articles and then following people on Twitter who actually are involved in building things (like Vitalik Buterin).  It might be worth it to invest in some research material, but a lot of that you can get at low or no cost (see my signature).  Anyway, dont invest until you feel confident you are knowledgable.  Its the wild west right now.

He would cause a nice dip that I would immediately buy into.