On a quick skim, privacy comes up twice in that article. 'Blacklisting' is for people who don't understand opsec, aka monero shills. Don't believe everything your centralised shitcoin figureheads tell you.
I was banned from Coinbase for possessing, sending, or receiving blacklisted coins. How's that for Monero propaganda? |
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... allow me to butt in ... while the total expansion capacity of bitcoin value might seem infinite from our current 'small-time' vantage point it is most definitely finite, realistically we have at most 1.5 to 2 pimple tricks remaining (1 order of magnitude expansion over previous). A btc valuation in the USD300-700k range puts it at ~10trillion market cap or ~10% of global fiat monetary supply.
Another pimple trick after that would be almost total global domination of all monetary assets, which while possible is probably not realistic or desirable anyway.
Sounds reasonable to me. To reach gold parity in one or two decades is really an astounding feat. I do fear a bear market like no other after that point however. Nasdaq took 15 years to recover after the dot-com run-up, and perhaps Bitcoin will suffer such fate before we see more pedestrian and sustainable growth. Perhaps Bitcoin will recover 15 times faster. |
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Sorry guys, but tears shouldn't come as a surprise in this situation.
This will probably bounce back to somewhere near 7100$ over the weekend and then tears will continue. You can't just hope a trend reversal out of nothing.
The crypto game goes like this. A group of people, who have the largest ownership of coin, are coordinating their moves in a way, that profits them best. Over the years, they have acquired over half of bitcoin available, while more then a half of the largest volume exchanges are owned by the same people and the public CEOs are just fronts. They can deficit the supply, create dollars out of thin air and if they wanted to, then drop bitcoin price sub single digits and actually keep it there. The last part isn't their goal tho. Their motivation is to siphon wealth out of people through the crypto game. The best way for this would be for a quick pump, followed by proper media coverage. This will attract gamblers who hope for easy riches. So, when the market is saturated enough with noobs, then it needs to be slowly bled and total desperation is essential on the outcome of things. You don't drop the market quickly, because this would create panic and would push the gamblers to take their money away. What they do is they control the price enough that there will be -20% slow drops, followed by +10% quick gains. Many people here are a little nuts from the religious aspect of things, so they keep parroting that this every +10% is actually a reversal. But not all is so innocent and a lot of the "friendly avarage Joe bitcoiners" that you see in this place, are actually sock puppets of rich guys and smart guys doing psiops to keep the actual average Joe involved.
The main target in this game are people who are taking mortgages and are playing with more then they can lose. They can't afford to be patient and can be easily hooked. During this whole year, they aren't selling because dealing with the current losses is too much for them. They are too emotionally involved and that clouds their judgment.
Psi-Ops Agent #D359382 reporting in. You may know our plans, but you'll never stop us!  |
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Enjoy new Monero ClassicŪ
Now with 1000% more ASICBoostŪ
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freudenschade ..
It's not too late to accept Vladimir Putin as your lord and savior and join the physical silver klux klan. Likewise, it's a great time to sell your shiny rocks and buy some real estate in the internet of money. |
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I find a certain recent poster annoying as well, but I haven't seen anything that screams delete me, yet.
Buuut, we'll see how it goes. I have a feeling no one would miss him much.
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Wash trading ... creates an illusion of false value velocity.
FTFY. If funds will be directed to somewhere that doesn't have actual value to the economy,
Except funds aren't going anywhere. From right pocket to left pocket of the same entity is not a direction of funds. I have seen United Bitcoin being wash traded on Quoine with a daily volume of $450k. When you look at the books, the total value of buy orders until the price went to zero was $1,400. Would that make the volume higher or lower than bcash? |
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Who says those arbitrary lines form the correct channel? I doubt so because it reaches infinitely high numbers too fast. What if THESE purple lines are actually the correct channel?
Your channel deviates too much from the adoption S-curve.  |
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Something is happening in Canada. I don't know what it is, but I don't like it.
Hockey? Rush concert? Twinkly PM? Poutine? Wait I like Poutine... it's not that one. Shoulda never left Kansas.  Mass civil unrest!  |
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Some of the regulars on this thread are still holding their Bcash. If I were one of them, I would get rid of that shit on the next pump.
The writing is on the wall now.
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It's looking good, but some higher volume would make it more convincing.
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why are there no 5digits in the poll ? whatever price is I love to see the 5 digit possibility
It didn't seem, to me, like a realistic possibility within the next two weeks. |
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Its already two times we reached this bottom of 6k.
Can we consider this a double bottom?
Double bottom? Photo required!  |
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Poll Results:  |
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Might I recommend something in a jojo69? Spacious, handles well. Only one owner.
I burnt out the ass clutch on the last jojo69 I was in. I need something with fewer bowel movements. There are newer models.  But they aren't easy to find. I'd like to trade in my wife for one of those. How many bitcorn would it cost me? |
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FWIW, my prediction for the next few days is that we'll test the previous low of ~$5850, then bounce back to $7,000+.
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Why is it that hardly anybody here other than myself and a couple of others will admit the show's over? I know it's hard to accept but it's true. Dark forces pushed it up to its heights in order to be able to obliterate it. Not just Bitcoin....all digital currencies. You are seeing it with your own eyes but sill won't acknowledge it!  You must be new here. Been here 5 years next week. Yes, very new. Idiot. You seem to have a very short term outlook for someone who's been through a couple bull/bear cycles already. |
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Lolol
So much despair and anger on this thread. Oh the joys of bitcoin the soap opera.
Human emotions are always right on cue, they never miss a beat.
No more moons just death and destruction. Good times. Good times.
How's your Boolberry doing? |
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Hopefully this time who's selling will leave crypto for good, we all know they bought in for a quick buck, while who's buying now recognizes bitcoin's true potential and will treat those coins better. We really needed to shake the tree for a new Summer.
I am so excited to see the Lightning network succeed actually! One day I want no regrets. I will be proud to say that I was here through the best (and the worst) of times.
Any would-be hodlers selling now are trading based on emotion. They'll join us again when FOMO hits during the next wave up. |
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Why is it that hardly anybody here other than myself and a couple of others will admit the show's over? I know it's hard to accept but it's true. Dark forces pushed it up to its heights in order to be able to obliterate it. Not just Bitcoin....all digital currencies. You are seeing it with your own eyes but sill won't acknowledge it! You must be new here. |
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