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1  Alternate cryptocurrencies / Altcoin Discussion / Re: How was last crypto bear market on: June 03, 2022, 03:39:56 PM

After the bear market will come a bull market and only the best projects will be able to survive which are really necessary for people which bring something new like https://twitter.com/GulfCoin_/status/1526498887376183298 which provides digital payment solutions, and financial inclusion to the world and is useful for people.

Now many people are looking for new and prospective for investment projects.
But not all the projects will be able to survive during the fall of the market that is why it is necessary to have experience to evaluate the potential of the coin.

Fall of the market is very difficult time for all cryptocurrency industry.
Many people stopped investing because of the fall of the market.
Now economical situation in the world is difficult and all market falls but inflation continue to grow.

And anything that involves an inflexible, flat or deflationary supply rate is interesting Smiley That's how so many maxis are being minted in this last month. I'm not strictly a bitcoin maxi because I think the protocol can be improved but I also don't think there is many projects that actually achieve improvements and I'm not a lightning fan.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: How was last crypto bear market on: June 03, 2022, 11:20:17 AM
The 2018 crash was terrible but shortly after I was unable to keep my little mining plot (not possible to call it a farm) I was summoned to start working on a crazy bitcoin fork project called parallelcoin, and in the two years or so that went on, I learned so much about proof of work and the bitcoin consensus, cryptographic, network, peer to peer and multicast protocols that I am now in hot demand in early stage startups and contractor stables... I am the most senior blockchain and systems dev in a company of 100 now.

I'm gladly buying bitcoins at 25% of my now quite generous income and I anticipate a slow but steady price movement back up past the 60k range over the next year and stacking popcorn and gas to cook it on as Davos Man stumbles in slow motion like the guy putting a stick in his front wheels meme.

CDBCs are going to be as successful as Continental Scrip and yes there is going to be a lot of war in the next two years while we are in a slow reversal from here, but brass and iron are going to be going cheap in some places too, for those times when one might need to shoot one's way out of a siege.

There will be a big shakeout in the "cryptocurrency" and DeFi markets and uses beyond collectibles will start to be applied by businesses.

Things may look bad right now but that's cos we all just got kicked in the nuts. The response to the nut kicking will be what makes the next round even more epically awesome. I personally am seeing a very high probability of even more local area sovereignty projects getting further than the last round, and for the reason that people realise that you can't have a government without a military.

Blockchains are part of the network munitions. It doesn't change anything that the USG had to walk back that classification of cryptography. It's a fact. Cryptography and game theory are both wholly military disciplines. "blockchains" are defensive network systems.

When William Gibson described "ice" his metaphor was based on neural jacks and back channel control of nervous systems. The real world equivalent is a blockchain, and you just can't hack it. That's been proven. The big myth that is being busted in this bear market is ungoverned introduction of smart contracts, and hopefully the death of "pegged assets" for a few decades, hopefully. It's pretty ironic that a man who broke a government peg that was not based on redemption is now trying to eliminate commodities from financials, and I bet that idiot is funding every moron like Do Kwon who dreams of algorithmic stablecoins and National Socialist Price Controls, and is about to get pie in the face as he has completely fallen on the other side of what made him so wealthy in the first place.
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