It appears the crypto bullsheeit games are alive and well, I see. Lol.  |
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People keep throwing this word "adoption" around like it actually means what they think it means.
Bitcoin has been around for nearly a decade now, and the only "adoption" happening with Average Joes is buying low and selling high, hoping to make a profit in fiat. As an investment, period. There's barely any actual e-commerce going on with Bitcoin, not of any magnitude or volume that you could call it real "adoption" with a straight face. Hell, there's barely any major merchant integration at all, and that is after almost a decade. And the actual economics overhead/AML/KYC of crypto actually de-incentivise people to use it for e-commerce.
So if it isn't happening with Bitcoin, then is sure as hell isn't going to be happening with any of the thousands of shitcoins that are out there either.
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Worst thing is the big buy walls just keep moving lower. No support  Please liquidate all your holdings, and don't buy again until bull market is confirmed around $6k. Maybe wait until $8k to be doubly sure.  |
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He said, “You should outlaw [crypto assets],” because many have lost savings due to the significant slump in the crypto markets. “I am personally surprised that regulators haven’t stepped in harder.” Allianz Investors Chief. Yeah, ban things because people are being stupid. Good bye cars, internet, food, water, life. And yet penny stocks are allowed to live on decade after decade, scamming people with PnD's every day.  What's with people like that making such asinine statements? |
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Do you guys like capitulations that were being masked/sold as something else? 'Cause that what you got. But you are right, I am being emotional. Even though what I am saying makss Sense, because BTC can still fall to 1900 (your 90% down). We are not there yet.
After Bitcoin bottomed in 2015 to something like $190, you should have heard all the people coming out of the woodwork saying "can still fall to $100" and "we are not there yet". Never happened. |
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Both Tom Lee and Mike Novogratz no longer "calling bottoms". Probably out of sheer embarrassment.
Bullish AF.
Side note: When Mike stopped calling bottoms in 2014-15 (because he continued to be wrong), we actually bottomed in early 2015.
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They already hardly accept bitcoin. They advertise Bcash every transaction, adding transaction fees for each bitcoin transaction, eating bcash transaction fees.
I'd ask how they even stay in business but I'm sure their bcash shilling pretty much shows where they're getting the money to keep their doors open.
If they're betting everything on that horse, they won't be in business for very much longer. |
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It's one of the few places left where you can spend your bitcoins online. Unfortunately. I'm to the point of considering ordering a credit card. My Amex was supposed to be only for emergencies but I've racked up plenty of useless sky miles over the past year with it. Two words: Shift card. More words: spend your Bitcoin at any place that takes Visa. Since you brought it up jbreher, notice that the Shift card uses Bitcoin TM and only Bitcoin TM. Not your BCash shitcoin or any of its idiotic variants, nor any of the 30+ some odd shitcoins that Coinbase plans to bring online soon. Gee, I wonder why that is? Lol. |
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...
My hunch is that "manipulation" exists to the extent that it pushes the technicals that are most likely over the edge. E.g. if the indicators say sell-off or rally due, there's some twats paying off mass media and cooking the books to push us over the edge. I don't see them actually shifting anything in a direction that wouldn't naturally be possible. Craig for example always seems to announce his horseshit when a market move is due anyways, and then tries to take credit for that. Anything other than that could (and thus probably would) lead whales to cuck each other out of their coins and fiat.
Exactly! But you said it way better than I ever could  Yep agreed. It's all trading based almost purely on technicals, and all the algo bots react accordingly. But because the market is so thin, the whales can control the technicals to some extent. The market is being shorted and pushed down right now to stay in a bear market, to keep a rally from happening prematurely based on technicals. Until they want it to, again. Average Joe retail participation has always been extremely low in the Bitcoin market, probably not more that like 5% of the total buying/selling activity. Certainly not even close to what either pushes up the market massively, or sells down the market massively. That's why it is so cringey to me to hear people say things like "People are massively FOMO buying!!" during bull runs, or "People are massively selling!!" during bear markets. No, "people" aren't. Neither price moves have anything to do with the <5% of Average Joes retail participation.... not even close. |
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That is hilarious. You can't Sneak up on Zuck, I don't even fuckin blink! Your platform only launches depression Who put the elf with no friends in charge of human connection? Hey You claim to be some kind of saint But you ain't Why don't you lean in and FaceMash my musky Dutch taint |
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Its been here before, but thanks. Not so sure it's accurate. I've only ever seen USA and S.Africa purchases. Maybe once a Brazil purchase. Back in the day it used to spew the shit outta some China transactions. Back when they had a few shady exchanges and running 100x leverage.... ah the good ol' times. |
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What those coins could be used for besides buying homers hats? I'm obviously on board! You could easily put a KryptoHats (think KryptoKitties) dapp on the ETH network. I'm sure it would be a hit... just because lols and fools. |
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I agree with you 100%. I am suprised more are not talking about it. I think he is not the only whale to be doing this as well.
The only part that bugs me is why would you say shit like that... hurt the price... then sell?
I have no doubt that some of these personalities in prime positions to move the crypto markets are being paid to do so from industry Wall Streeters, probably from the pink sheet penny stock scumbag pumpers. Also, if they and other whales band together, it becomes lucrative for them. They can pump their own shitcoin to the moon, lure the noob idiots in with dreams of newfound riches, and then short/dump all the way back down again, all the while buying Bitcoin TM back up again. Win win for the unscrupulous bastards like CSW and Ver. |
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You know, when you're the last whale standing in a thin bear market, and you have lots of coins and $$$, I'm sure it's pretty easy to push the market around in any direction you want. For however long you want.
That direction only ends when that person or group decides it should, or gets mega squeezed.
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Oh, and BSV just flipped ABC for anyone not paying attention. Whodathunkit? Wait, a shitcoin flipped another shitcoin? Oh snap, get CNBC on the line pronto! Imagine when it flips BTC. (I know many of you can't, but for those that can, think about it.... 30:1 right now....)
Lololdelusionalollolol |
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Bcash SV up 43%.. so organic.
Those fools are gonna be holding a shit ton of SV bags... I don't even think CSW cares about that shit |
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Honestly, if this isn't the last capitulation then I don't know what is.
All this constant, concentrated selling and shorting....with zero impetus....seen this movie before.
I still think the volume is not quite there. Have a look at 1D and 4H. Bearwhale, when art thou? January? |
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Honestly, if this isn't the last capitulation then I don't know what is.
All this constant, concentrated selling and shorting....with zero impetus....seen this movie before.
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