WTF is now wrong, all cryptos down?

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bubbledouble said:
Have I misunderstood something, or how was it supposed to be?

BTC was invented partly because of the financial crisis in 2008 or the IT bubble in 2000, it was meant to be a resistance to the financial markets.

Now, over 20 years later, all cryptocurrencies are making just as much as the financial markets do.

It doesn't quite work as planned.
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Which financial market has BTC not vastly overperformed since 2000 or 2008?

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Expense invoices with cashback (in crypto). Crypto on/offramp with invoices. Crypto SOF solutions.
 
W Fish said:
An aborigen might be afraid (have fear) of solar eclipse. A person who has studied basic astronomy is not afraid of it - he understands it and takes it as normal.
Same here. 😉
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Why so mean to him?

Solar eclipses cab be predicted millennia in advance. Bitcoin movements not.

Astronomers are afraid of asteroids. Crypto traders are afraid of Trump or Musk posting something online about crypto.
 
Yeah analogies are pointless. The fact remains BTC is being commandeered by the exact governments and institutions that BTC was supposed to liberate us from, and misused by the sheep treating it as a speculative asset. If it ends in disaster, it should be of no surprise any more. Even if price doesn't tank, BTC's purpose is dead now.
 
sup yall

If it breaks the low and holds it I'll exit most of my hedge.

Imma go to Japan to eat Tonkatsu in the meantime
Good luck 😉
 
would you buy BTC, ETH, SOL now with this price? with the intention of holding for a year/years/forever and get x2-100
 
Dreamy said:
would you buy BTC, ETH, SOL now with this price? with the intention of holding for a year/years/forever and get x2-100
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Yes, but BTC only, as it's the only crypto that is sure still to exist, and have a higher value than today in 3, 7, 11 years.
But I wouldn't expect 100x anymore.
 
One has to admit that instead of Trump giving the crypto market a serious boost upwards, the exact opposite has happened ever since he took office. That man is the devil himself.
 
sebastian said:
Gold is performing better than crypto these days, much more stable!
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Of course, China is selling US debt and gold is their first choice. The BRICs aren't stupid.

As soon as everyone realizes that Trump's war on economy can only be solved with the money-printers
going brrrrrrrrrrrrrrrrrrrrrrrrr around the world, crypto will follow. So funny, that the US government and it's
policies are killing the appeal of the US dollar as reserve and trading currency around the world.

But maybe it's all just a deception, and burning the economies around the world is their way to bring in CBDCs - create the problem to make people accept their solution.

At the current state, I wouldn't be surprised if they crash and burn the economy so hard, that they flip on
crypto and try to ban it again. With CBDCs, they could actually finally succeed blocking people from using it to buy/sell crypto (and gold, and anything they don't like you to consume or purchase).

I bet they'll argue 'only speculators use crypto', and the useful neomarxist idiots will all applaud and sit in social distance in their flats buying Bill Gates 'food replacement' with their universal basic income.

Last edited: Apr 9, 2025
 
It seems like the crypto market is starting to recover and stabilize again, as the loudmouth kid in America finally shuts up and withdraws all his fantastically stupid proposals.
 
jorge said:
What's going on now? Today, all cryptocurrencies are dropping after showing nice gains over the past week. Are the large investors cashing in their profits now, or what is the reason?
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You must, after all, be happy right now 😉

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I'm proud to become an Elite Lifetime member of the Mentor Group Gold.
The secret of being happy is accepting where you are in life and making the most out of every day
 
Some charts are looking good:

Just need Vitalik to get off the soy, onto the Protein and start improving the ETH price. Not much faith in a triple vaxxer to do that, though.

GoPulse-com-05-07-2025_07_59_PM.webp
 
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