So, the Chinese Economy is a falsehood backed with lies and manipulation, and now they're attempting to do the same thing in the Crypto sphere.

Eh, this is nothing new. As i always say: Money talks, bullshit walks. (Or, rather, humans relentless greed in pursuing wealth in it's form).

Sadly people won't see past this bullshittery and they'll get burnt by it too. This sorta thing is precisely why the crypto markets arn't taken seriously.



This really speaks for itself. Heavy manipulation incoming from China.

Seems like common sense to me.

QFT


You know how some video games seemed to be huge successes without barely any advertising? Because they sold on their own merit, too. Word of mouth is a powerful thing. Will be nice to see NEM accomplish the same thing.

Seeing alot of articles and quotes regarding the Bank of England. They seem to show genuine interest in Blockchain technology.

http://cointelegraph.com/news/115391/bank-of-england-uk-should-ditch-fiat-for-digital-currencies

So, any plans to introduce NEM to them?

I must admit this is what i'm hoping for. A big part of me is expecting a buying frenzy but now i feel is far too soon. i'm tired of seeing fake bubbles and bursts in the crypto world.

Crypto is a currency, currencies don't have any intrinsic value so their price IS volatile - FIAT is only not so because of banker manipulation and ignorance of the masses who use it. Fact.

Crypto and FIAT are very much alike, but Crypto is by far the lesser evil due to it's decentralized nature, but this decentralization is only temporary; dependent upon it's algorithm.

Bitcoin becomes more and more centralized because as it's mining requires bigger hardware, investors and companies to do it, they'll be the one to have exclusive control over the blockchain and the authentication of transactions. Essentially, bitcoins FUTURE IS CENTRALIZATION on the POW model. It's already begun. The difference is, it's more subversive and unnoticeable -- this makes it dangerous as an unaccountable few will be able to exploit their position. Just as the current FIAT fraud is. So i don't get where this naive "Crypto goes against banks" bullshit is coming from, because in the case of Bitcoin/POW - it's destined to be the Exact same in the future.

real MONEY is gold, silver, precious metals. Money /= Currency.

I got into NEM because it at least is going to make efforts to integrate into the existing infastructure and improve it (Ideally, by removing banks monopoly and secrecy over the creation of currency). It's algorithm is complex enough to not just reward big hodlers (IE: POS) and there's no unnecessary energy requirements to "harvest". It's frankly a more realistic and transparent platform for the real world. NEM has convenience over FIAT due to lack of fee's and ease of transaction, and none of the exploitations banks have with FIAT. This is why nem intrigues me.

Crypto has the capability to revolutionize the financial world, or bring it to it's knee's. Pick your poison.

I don't see any criticism, i see unfounded accusations and slander. Nothing but fud of which is sadly, the norm here.

I do my best to take into account any criticism, and be as unbiased as possible, but this is truely all i'm seeing from you. All you seem to be doing is ruining your own reputation and any slightly experienced investor will see right through it.

DOGE's claim to fame is this, and only this:

https://www.dropbox.com/s/1ur3o01yag8bcmb/god.pdf?dl=0

A quick quote from that PDF:


This PDF was doing the rounds for a while a year or so ago, and is the only reason why most ALT's (That offer nothing new technology wise) are successful -- through manipulation.

Because the crypto markets are so small, and so few control large quantities of their wealth, these markets are far from "Free" but rather, a victim of greed. Manipulation is oftentimes the only reason why we see coins go from zero to something without warning or a logical explanation. And, as they're small markets, it's relatively easy to do without too much effort, especially if you've got the pockets to do so in the first place.

It's precisely this manipulation that creates a lack of trust in the crypto sphere because it causes the price volatility - keeping the REAL investors away and allowing crypto to be stuck in limbo.


Under the hood, DOGE offers nothing, it is another clone shitcoin and it's only reason why it's maintaining some semblance of value is because the bagholders are still keeping the momentum the whales created going. It's not in their interest to have what they hold hit zero, so they keep the ball rolling. The whales with their manipulation just had to give it the intitial push.

I suggest everyone reads that PDF before they start slandering NEM, because if you're a holder of a coin like DOGE, you're a tool.

The most crucial part for sure. Cheers for the links by the way.

Raising awareness of NEM (especially among those in finance now experimenting with blockchain tech) is a crucial step for the longevity of NEM as a whole.

This doesn't take into account the significant price manipulation that goes on in crypto, primarily through the main BTC bagholders pumping and dumping alts. Otherwise, yes, i'd agree. Over the years i've seen many a shitcoin go from zero to huge volumes and price increases with no warning or news to have triggered it. It's simply a price pump and it's a common occurence.

There simply is no other explanation for it other than this, as the crypto markets are far too small to be representative of large numbers of investors. What we're dealing with is a select few big BTC holders throwing their coinage around in an attempt to siphon more wealth. When this game of musical chairs stops, you best be sure you've got a seat (FIAT/BTC) as this, sadly, is the state of the alt/crypto market today. Ironically it's this price volatility that also damages crypto from REAL investors outside the crypto bubble that could actually provide some stability.

I believe the only real insurance measure from this is putting money into projects like NEM that do offer something new under the hood, as sure enough this game will stop.

Interesting read:

https://uk.news.yahoo.com/jon-matonis-banking-cartels-could-184110328.html#UtmUNHm

Your efforts do not go by unnoticed. For those who arn't trolls, fudsters and the like among the BTT community, i guarantee they're thankful for these reports.

Indeed.

Been in the crypto sphere long enough to at least notice this familiar trend. When bitcoin pops though it won't go lower than what it's been over the last year as there's now more holders in the market. New people on board from China which is whats pumping it up. That or it's BTC whales toying with the market again to create a pretty picture.

This pump will come to and end and when it pops, people will reinvest back into platforms like eth, nem, etc as they'll want to diversify their crypto holdings to gain bigger profit -- in the event of one -- or reduce the risk of just hodling bitcoin alone.

Tip of the iceberg. A warning he made long before Greece fell into the state it has become.

And this, most applicable to why Crypto exists, as well as the raising prices of precious metals Nevermind the fact that it's also why we're seeing the economical, social and political landscape change. Money and power, all interrelated.

Well you should be really -- because as government grows under certain systems (Communism especially). Anyone can occupy it and take freedoms and rights from it's citizens.

Judging by what you've said there, i don't think you see the correlation between wealth and power. You can't have power without money and you cannot have money without power.

In addition, it's pointless if "politicians" rule together if they weren't elected by the people in the first place. Peace amongst politicians is irrelevent when it's the masses that rule.

I get the sentiment, but what comes to mind there is "out of the frying pan and into the fire"

The EU's only claim to power is creating it's own currency (The Euro) and masquerading as a trade union. By forcing it's currency on politicians and nations (and thus, giving it value) it's expanded it's influence to now bully and harass nations to the point of what laws they should have and even, who should rule those countries. Greece is a perfect example.

The EU is far more sinister and dangerous, it empowers a few unaccountable, unelected people and is the biggest threat to individual liberty and democracy. Greece, Ukraine, all that tormoil is a result of their meddling. Open door immigration that they're forcing upon nations who cannot support it is going to result in further violence and mess that they themselves have orchestrated. And sadly, i predict it it'll be everything else except them that get the blame -- and i'd wager this is exactly whats intended.

In the end, it boils down to people exploiting a currency system that places huge power and influence in their hands. This is why not only do i follow Cryptocurrency, but i closely follow precious metals, as i believe most in the crypto sphere do. Because as long as the paper FIAT currency system exploits people, no matter who gets into power, the foundation will always be wrong and things will always become corrupted.

Indeed, and it's ironic really. A country that, thanks to their forefathers and them learning from their mistakes, their constitution helped further define liberty and prosperity.

With that in mind i can sympathize with those american citizens who are exercising their constitutional rights to bare arms, because it's purpose was a last line defense against a tyrannical government. Their forefathers even warned about a privatized bank/financial system and what havoc it would cause to the people, a system they (And the rest of the world) sadly live by today.