The easy solution is to just divest the alts and put it in safe investments like gold, silver, land and... BITCOIN.
Holy fucking shit cAPSLOCK. Do you require a bat slappening to get you to snap out of your seeming delusion to depriortize bitcoin in your above list of supposed good investments.
Your thinking seems to be muddled.
Did you forget where you were,
brandon?
hahahahahahaha
......... run to the safety of hard assets like precious metals, real estate and BITCOIN.
oh my... You did it again...
When do we expect to see the market waking up and abandoning crypto altogether?
I admit that you raise a decently legitimate concern regarding what might be a kind of necessity to periodically purge various kinds of froth and shenanigans that's in the "crypto" space - when they are riding too much on bitcoin's coattails and also attempting to intertwine their crappy projects into bitcoin in a variety of
potentially creative ways.
Historically, we have seen various times in which the froth of various shitcoins is seeming to get out of control, while at the same time, frequently it is not really clear how long various kinds of shitty projects are able to continue their various smoke and mirror shenanigans without having some kind of implosion, and surely there are a large number of us longer time bitcoiners who remain amazed about the length of time that the crappy aspiring second place to bitcoin shitcoin
(that's gonna flippen us) has been able (or allowed) to continue with its various scams and ponzis or the various other projects that are also built upon it while who knows how complicit some of the participants are from one of those scam coins/projects to another.
So, sometimes we will witness some of the various implosions that end up being somewhat explanatory regarding how bitcoin may well have difficulties going up when some of the scams are going on in an adjacent space, so it really can be difficult to know how to calculate the activities of the adjacent space into some of the affects that they might have upon bitcoin, including that some of the froth just persists for extendedly long periods of belief that go beyond credulity.
Even though I frequently get negatively worked up when members are seeming to border upon positive spinning of various shitcoins in this thread, I have never taken the position that shitcoins are going to die or even that more money might not be within the making by getting involved in various aspects of the bitcoin adjacent spaces that are tied to shitcoins rather than even attempting to build upon bitcoin.
I am also going to take any claims with a considerable grain of salt when they are trying to proclaim that the various shitcoins are leading the big dog... because until I actually see empirical evidence to establish the tail wagging the dog, I am going to presume that the dog actually wags the tail.. while at the same time, the tail does likely serve a purpose so we cannot really lop it off.. and maybe this analogy is not really working very well.
So sure, sometimes we have to attempt to account for the various shenanigans going on in shitcoinlandia, even though we cannot always really know when one project or another is going to implode or the extent to which some of those projects might be affecting the BTC price in one direction or another. which are still likely shorter term considerations rather than longer term considerations, and I have never even ever proclaimed that we should ignore shorter-term BTC price actions even though I have personally asserted that we have to prepare for either direction because we cannot really know how the various short term price dynamics are going to play out, and it is not like we can just ignore them, even if we try to prepare our best for the dynamics including when they seem to go to extremes.
I am having a hard time figuring the impact this will have on BTC. But my gut thinks it could look something like this:
50% - Lower price
30% - Chop
20% - Rocket
What imprecision!!!!!!!
I am feeling it..
I am feeling it...
And the numbers are not even very close to being right....
I am not saying that you don't believe that, but you gotta work harder Boxer... hahahahahaha I should maybe at least provide the proper framework.. look at the end of
this post. It shows my downity assignment from a few days ago (on the 11th).**
**I am not trying to be patronizing or even to claim that I got the numbers right.Because enough people are going to exit ALL crypto to probably hurt bitcoin's price, or possibly keep it mostly even.
Now you are getting into tail wagging the dog territory...
But if humans are smarter than I am giving them credit for in my above estimation then we will see a fire lit under our little rocket.
I am not going to claim that people are really smart, but there is still some difficulties to fight market dynamics.. so let's say there is a kind of keeping of the BTC price down as far as possible and for as long as possible, while at the same time, sometimes control is lost, but that does not mean that the outcome was a result of smart people.
I should slap you for even coming up with that theory.... hahahahaha
If your eyes are open you can see that SOMEONE is executing a planned, controlled demolition of western crony-capitalism. And BITCOIN is either part of that plan or a huge bete-noir for those planners. I think it is WAY more likely the latter which means they are going to HAVE to try to destroy it or render it somehow neutered. But we know how this goes. They can't.
I gotta agree with you here.
So where do we go next? Feck if I know.
I agree with you here too.
You really seem to
not know nuttin...as far as I can tell.
Poll
