WTF is now wrong, all cryptos down?
- Thread starter jorge
- Start date
it's another lesson of degenerated human stupidity, survival of the fittest and yet another reminder that without the work done (i.e. energy burned) nothing has the real value
did you notice that every joe called for sell the news before? It did not happen, Bitcoin did not "crash" 50%.
Peter schiff denied this, so it will happen.
Peter schiff denied this, so it will happen.
crash to 20-25k will start at latested end of march.
the debt crisis is knocking.
FED cut rates by 100 points but at the same time 10 year bonds went up 100 points instead of down.
Such a divergence is the first time in history.
Dollar will get for a short period of time very strong because of the debt crisis.
Thats why all the billionaires are hording cash to buy cheap assets
the debt crisis is knocking.
FED cut rates by 100 points but at the same time 10 year bonds went up 100 points instead of down.
Such a divergence is the first time in history.
Dollar will get for a short period of time very strong because of the debt crisis.
Thats why all the billionaires are hording cash to buy cheap assets
bold statement - since you know you'll get obscenely rich
mind you elaborate on the reasoning behind this faith of yours? no sarcasm, I'd love to learn how the debt crisis or whatever else leads to such a tremendous price drop (or appreciation of USD depending on one's unit of account)
mind you elaborate on the reasoning behind this faith of yours? no sarcasm, I'd love to learn how the debt crisis or whatever else leads to such a tremendous price drop (or appreciation of USD depending on one's unit of account)
And fartcoin replaces the petro-dollar.
It will be renamed to petro-fart, will make carbon credits obsolete, and owning some of it will me mandated by the UN Intergovernmental Panel on Climate Change (IPCC) for every person on planet Earth.
No one will be permitted to fart without sufficient fartcoin to pay for it, it's value will skyrocket and overtake BTC in market cap. No one will be able to use oil anymore, and the plebs will turn to serfs for the elites. All in the name of 'climate change'.
It will be renamed to petro-fart, will make carbon credits obsolete, and owning some of it will me mandated by the UN Intergovernmental Panel on Climate Change (IPCC) for every person on planet Earth.
No one will be permitted to fart without sufficient fartcoin to pay for it, it's value will skyrocket and overtake BTC in market cap. No one will be able to use oil anymore, and the plebs will turn to serfs for the elites. All in the name of 'climate change'.
So is this the moment when the crypto market collapses because it can't withstand a trade war? I see a lot of whales selling off, and the price is plummeting fast.
Wasn't crypto supposed to outperform gold and fiat? Well, it clearly didn’t!
Wasn't crypto supposed to outperform gold and fiat? Well, it clearly didn’t!
This would be best but as you said, that cannot be expected with a Trump administration
Regulate ==> buy high ==> sell low – sounds pretty usual for EU
also blame somebody else for the project's failure after losing money, maybe︀ Russia or China
Nevertheless, I am not very shocked by the EU's lack of interest︁ in services and technology that would actually have a positive impact on people.
The clear︂ move is to launch CBDC EUR, a beautiful shitcoin with lovely functions such as expiry︃ dates, spying on users, more regulations smi(&%
Regulate ==> buy high ==> sell low – sounds pretty usual for EU
also blame somebody else for the project's failure after losing money, maybe︀ Russia or China
Nevertheless, I am not very shocked by the EU's lack of interest︁ in services and technology that would actually have a positive impact on people.
The clear︂ move is to launch CBDC EUR, a beautiful shitcoin with lovely functions such as expiry︃ dates, spying on users, more regulations smi(&%
Also pretty funny that she is projecting in practically all of the 'critiques' of BTC:
| Feature | Bitcoin | Euro |
| Liquid | Has no central authority, can be sold to whomever wants to purchase it with nobody to prevent the transaction. There will never be more than 21M. | Centralised, printed limitlessly, missing the aspect of scarcity, can only be exchanged at a few︀ institutions or at the will of the ECB |
| Secure | Bitcoin has never been hacked. The︁ blockchain is very secure. Custodying (and potentially losing) your assets at external institutions is not︂ a fault of BTC, rather of your personal choices. | ECB website got hacked in the︃ past; you are always reliant on only 1 real clearing system – TARGET which is︄ offered by the ECB. Funds have not yet been lost but reliance on 1 institution︅ for all processing simply cannot be considered security. |
| Safe | Hard wallets, multisig, and so on︆ + new wallets can be created and divided between freely | Held with a limited number︇ of institutions running on clunky core banking systems. Backed by a hardly growing economy (EU)︈ |
| Money laundering | All transactions are public, it would be counterproductive to try to launder money︉ with BTC (unless using mixers, etc. in which case it will just be difficult to︊ exchange/off-ramp the tainted coins) | Easy to let the money of friends pass through, no transparency︋ in the project, fully centralised. |
| Other criminal activities | Literally just decentralised public software with verifiable︌ and fully visible transactions | Literally controlled by suspicious individuals who consistently restrict the freedoms of︍ both individuals and markets |
it's human nature to focus on downtrends, quickly forget and take previous growth for granted
what you see is transfer of wealth from idiots with wrong incentives to the smarter ones - from paper hands to diamond hands - it's a healthy process and every stage like this decreases the leverage and dependence on traditional financial markets
depends on what your "crypto" is... bitcoin outperformed everything without︁ doubt
what you see is transfer of wealth from idiots with wrong incentives to the smarter ones - from paper hands to diamond hands - it's a healthy process and every stage like this decreases the leverage and dependence on traditional financial markets
depends on what your "crypto" is... bitcoin outperformed everything without︁ doubt
Couldn’t one imagine that if someone has access to as much money as Trump and is also the President of the United States, possibly planning to shift part of the country’s economy to Bitcoin, this would greatly benefit both the U.S. and Trump at the same time?
They are now pushing the financial and crypto markets to their lowest point, allowing them to buy in cheaply.
They are now pushing the financial and crypto markets to their lowest point, allowing them to buy in cheaply.