These days I am really bored by people opening whole book clubs on single day % movements. Asking why it is going up or why it is going down. It is like you'd ask me why it is raining today and sunny tomorrow? Normal weather behavior, normal market behavior.

Don't people have nothing better to do? Life is so precious and so short..



It is even funnier because it is most likely this was because the GDP numbers were revised up. Economy doing better? Dump! And had they revised it down... economy doing worse? Also dump!! Funny because it is just standard September behavior as with most years but some are panicking and others are writing a university thesis on why the price moved. 

Not true. Just put the charts one over the other and the price still largely follows the trend from the previous cycle. September was not a good month, the following months were good.

The next months have to be bearish for the cycle to be broken or the other options is that we don't enter a new bear market in 2026. The second thing is an emerging possibility with the ETFs and institutional investors. That would be a positive change though.

Sometimes I really can't believe what people are writing here. I ask myself can someone really think that? Borrowing is used for investment capital all the time. In fact capital investment is the most common reason for borrowing money in the world, by governments, by institutions, by companies, and by the rich.

As I said as long as the plan is to repay using your standard means of income and not from the business venture or investment there is nothing too dangerous about it. The poorer complain of the rich but you can see in the example of this thread that they are not able to even have an understanding of the basic tools that the rich use regularly.

What to expect from the lowest denominator of the poor? If they knew things, they wouldn't be poor. If all else fails they can always blame inheritance and demand communistic redistribution. 

This has nothing to do with it. Theft is something that is defined by the law. The rich people are not stealing things, in the topic of taxes that would be tax fraud and usually it ends up wrong. The really rich do not need to commit tax fraud, those is usually done by the less powerful and smart. The really rich buy their exemptions and then legally pay less.

Actually now that you bring up theft, depending on the company type poor people are stealing a lot. They just aren't smart and never use their stolen money to improve their situation. I know for a fact that in the construction business the workers steal a lot.

I guess he's confusing price performance with a different meaning of outperform as in overtake and become better or bigger than Bitcoin. Most of the respondents don't even understand basic English.

The price performance thing is not really a smart topic. You can pick many two points of time and make it so that some of the largest shitcoins like Ethereum gained a larger return in percentage than Bitcoin. To even try to do this or to think that this has meaning just shows that the person is stupid. Comparing a mountain to a speck of dust and being amazed that it is easier to double the speck of dust in size than it is to double the mountain. WOW, fantastic. Truly amazing information. Who could have known that you need a lot more material to double the mountain WOW. Congratulations future Einsteins.

Good way to dodge admitting you are wrong like most people who responded to this thread. OP did not respond to this thread again so anyone who responds is taking it up seriously.   The fact of the matter is that the rich have exempt themselves from taxes. There is no debate there. Some users even responded that the rich pay more taxes. Funny to see poor people defending the system and the rich, everything is working exactly as designed.

You are not diversifying anything by investing in shitcoins. I have explained it in my previous post.

You are missing the point, read my previous post. What the law says is useless when there are many exceptions using certain structures. All of the tax loopholes were created by politicians for the rich people. This de facto makes it a tax exemption. They paid, they got what they needed and now they are using it. Instead of the whining about loopholes for decades, they would be closed otherwise. It is very easy to close most of the loopholes but they don't want to.

How naive can you be? Do you believe everything that the news tells you too? The rich pay more taxes, good one. 

But not everyone is like that! I think the least informed people approach taking loans like that. If you take a loan to buy Bitcoin and which you plan to pay back with Bitcoin that is an extreme risk. That is not the correct way to do it. You take out a loan which you invest in whatever but you plan to pay it back with your regular salary. If you get lucky with your investment then paying back the loan becomes easier. If not then it just returns to the originally planned way. I gave an example in my post how some people that I know did it.

As long as you approach the loan the correct way nothing catastrophic will happen.

Very wrong. The interest rate which you have to pay has nothing to do with Bitcoin or any pressure. These days interest rates are good and getting better unless you have a terrible credit rating, but that is on you.

A good part of a deep red pilling process with Bitcoin is the realization that most of the things in the world are completely broken and backwards.

Corruption through power.

And who created these options and why are they not closed? Because the rich bribe the politicians to create laws that give them options. That's all there is to it. They essentially paid to get tax exemptions. Just because there is no direct law that talks about exemptions it does not mean that they didn't effectively manage to do that. A lot of the people in this thread are wasting time talking about the fact that there is no real exemption.

Most of the ways of avoiding taxes for the rich are known and they are easily shut down but nobody is doing it. Have you not understood the world yet? You can pay to get almost anything as long as you have enough money.

If you don't have any examples to give, I don't see why you would argue that there are good ones. Empty words?

Yes, they are the standard make the founder rich and print tokens mercilessly tokenomics. Much worse when compared to BNB or CAKE.

He has not as far as I am aware which makes this whole ordeal weird for me.

I think we didn't understand each other. What I meant was that the way Cz posted about Aster on Twitter it came off as if he had zero involvement in it. Something like here look what this team has done, it is amazing work, congratulations. That was my first impression of it, but here I found out that he is involved in it.

You are missing the point, those comparisons are the point that he is trying to make. Otherwise why mention people taking out loans to buy a car? It is not relevant to the question unless he wants to make direct comparisons.

Nothing? You are not paying back the loan from the invested Bitcoin. You should never take out a loan that you can't pay back in any case so there is no problem here. Worst case the money is lost and you pay back the loan as originally planned. The whole world practically runs on debt, and people here shy away from it like it will instantly ruin your life. This does not say good things about the experience of users here.

As I said, there is nothing wrong with this compared to the most reasons why loans are taken. It is much better than most of those reasons. Don't make it out to be something that it is not.

Yeah, they don't sound like they have experience. I even have some friends who took loans and went into failed shitcoin investments. What about it? They are just paying back the loan as regularly as they planned and hopefully they learned their lesson about shitcoins.  

It has potential but this is just another case of crap tokenomics that are oriented towards enriching the founders. Really this space needs to set new standards where the least amount of tokens goes to the team behind a project.

I am sad that I joined the HYPE party late, but I am not sad about ASTER. I don't like organized and shady pumping like this. He should have disclosed in his tweet his involvement. It sounded like he had nothing to do with it and is genuinely impressed by some third party making this a thing.

If he would do something like this to you, he was never your friend. P2P trades are much better than using any platform. Only people who value themselves as persons at $0 would argue in favor of KYC platforms. Don't be spooked by these stories, they are the definition of FUD.

I have yet to find a good one with a real business case and demand in the real world. Usually what I am told is a good DePin project is because someone already invested in it or was farming it or read some influencer crap on Twitter. What good DePin projects are out there according to you? Name them.

I find it funny how most shitcoiners and naive retail ignore the fact that the failure rate in the altcoin world is 99.999%.

Disagreed. You completely missed his point. Most people are taking out loans for all stupid stuff like a new car. You don't need a new car that you can't afford. So if pretty much everyone is doing this for stupid stuff why should he not take out a loan and do something smarter with it like invest in Bitcoin? You need to look at the loan data for the average person in the US. To make things worse they even tend to owe money at the worst possible rates like credit card debt.

If you are aware of the risk and are able to get a good deal on the loan and this will not bankrupt you under any circumstance, go for it. Please keep in mind that the investment can be lost and that if you want to have good prospects of winning you need to stay here long-term. I know a few people who did this with shitcoins and they lost money but they repaid their loans without issue. I also know some people who did it with Bitcoin and they for sure don't regret it.  

Nonsense emotional voodoo from someone who does not know how to trade or invest. This has nothing to do with a bad call.

The benefit of playing the lottery is that you could win the lottery? Are you for real?   People these days don't even know the basics of anything. Just because you are buying another altcoin and now own 2 instead of 1 does not mean that you have diversified anything. You are gambling. This is not diversification. If it were, then selling some of your altcoin to buy lottery tickets is also a diversification.

Diversifying from human feces to cat feces and dog feces is not really a diversification away from feces, is it? Instead of 1 type of poop all you have done is become a proud owner of 3 types of poop.

This is completely meaningless. Read my post on page 1.

You can do this cherry picking with penny stocks and find stocks that outperform the best stocks like Apple. What good does this picking do for you? What does it prove? Nothing. The fact is if you drew an average of all altcoin performance and compared that to Bitcoin you would see extreme under performance.

BNB is one of the best and most generous projects in the altcoin space, one of the least scammy ones definitely. His post does not make any sense.