Bitcoin
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- AQUTE0
A little yin yang for you.
Bitcoin to 0
Bitcoin to new ATH
This is my drgs chart in YouTube clips lol
- drgs-2
I think its another rising wedge. Will try to short from 55k, yolo.
Debate
- Nairn1
"EU will make Bitcoin traceable and ban anonymous crypto wallets in anti-money laundering drive"
- Sure.. but how? Like how technically?shapesalad
- Are you being obtuse?Nairn
- No, you can't make bitcoin do anything unless you gain consensus across miners/developers. Also what's to stop a non-local wallet maker doing as please?shapesalad
- The point is - they don't need to touch the blockchain network at all. It's irrelevant. Whatever goes into it or comes out of it, however, is not.Nairn
- So they will try to bann moneroAQUTE
- Everything is already traceable its just the wallets that are anonymous... even kyc crap is all over the exchanges. So that renders you visibleAQUTE
- They will have to make the exchanges accountable for reporting and accounting.monospaced
- DRIFTMONKEY0
- https://www.youtube.…shapesalad
- So...it's a scam?grafician
- It all makes sense now, thank youyuekit
- Krassy3
"If Bitcoin does not reach $69,420 this year, I will eat a Carolina Reaper January 1st 2022."
- here's what it's like to eat a Carolina Reaper: https://www.youtube.…Krassy
- 69 420nb
- put it on YouTube!GuyFawkes
- drgs1
Let's leave it here for the future, don't want to trust this
- drgs-1
Salvador adopts corn as legal tender. They bought 200 BTC at 52k (having 200 BTC from before, don't know at what price).
Bitcoin always follows the smell of blood
Discuss
- BTC now $46,356.97
dropped almost 20% lolgrafician - El presidente bought 150 BTC MORE!
Then the price dropped
LOL
RIP El Salvadorgrafician - BitCorn?sarahfailin
- Kraken/Gemini/Coinba... experiencing "technical problems" ofc
What a corrupt system crypto is
smhgrafician - https://www.youtube.…drgs
- Yeah, quite surprising that those exchanges are now having “problems”hardhat
- BTC now $46,356.97
- neverscared0
When you’re down $350k what more can you do
- that's right cool your head and the couch with some water and burn the alcohol in the housested
- bitcoin brings the best out of people and the enviroment ... to the moon !neverscared
- Krassy3
why the freefall?
- El Salvador? geopolitical manipulation by the west?Krassy
- There is always some narrative at the top, followed by a dumpdrgs
- Whales wrecking long positions. Nothing to worry about. Just liquidating dummies on leverage. As is per tradition.DRIFTMONKEY
- 52k breakout failed, it's a clear retreat.
recovery and float is expected. (currently at 47 what looks like stable)sted - is this the starting point for the drift down to 15k in october, people were talking about 5 weeks ago...neverscared
- Sted, you still holding?drgs
- oh i missed this, yes i went in again in the last 30k dip, thinking about selling it now at 45ksted
- hans_glib0
i don't trust crypto one bit, but was out with a friend last night and she showed me how her investment has gone up fourfold over the last couple of years.
not just bitcoin, but eth and a couple of others ¿batcoin?
i was stunned that you can still get growth like that, but what do i know? nothing it seems
- 'cuz it's a scam ofcgrafician
- Of course it’s up the last couple of years.monospaced
- It’s not a scam if she just cashed some out. Easy peazymonospaced
- No, just because somebody cashes out from time to time doesn't make it any less of a ponzi scamgrafician
- How much did she risk though? Seems it's not worth the bother unless you go in hard, but then going in hard is.. well, risky.Nairn
- £25k...hans_glib
- can you believe it? i mean, good for her, but fuck i wouldn't risk that kind of moneyhans_glib
- I've got a friend who, if he'd held everything he started investing in 2011 or so when bitcoin was new, would be with $82M when it's up around $40k a coinmg33
- *grumbles* i've friends who've gone in quite large. One sold his % of a house he co-owned to gamble on it. I never had him as a gambler, and he's not tech-litNairn
- Well your friend is still a millionairemonospaced
- Four times, haha!stewart
- it's gambling.
pretty much the same as: "I know a friend who bet $25k in Vegas and quadrupled his money" ...while there are thousands other people who lost $Krassy - ^except what goes on in Vegas, stays in Vegas while every crypto head and their grandma wants to shill you coins 24/7grafician
- A lot of people are getting rich around you. I see young families buying $6MM brownstones in my hood. Guess where that money is coming fromnb
- ^ trust funds . LOLKrassy
- And like any inflated commodity, and there have been many throughout history, people profit. Regular people. It’s just how it is.monospaced
- neverscared0
- refrain is on spotneverscared
- what do u think if ? if exponnential growth doesnt kick in its goin to 15-20k soon right ?neverscared
- shapesalad1
@hans_glib
Think less as crypto as 'dodgy' investments in some code/network stuff on internet. Instead see it as a new Technology.
The last new Technology of scale, of global impact and network effect, which was largely unstoppable (see China trying to control it, yet VPNs etc) was the Internet.
It had those on one side saying it'll not replace retail shops, or people calling on phones, meeting their partner at a club or bar, going to the bank to check their balance etc... and on the side of the argument you had those that said 'It's the future and everything will be done on the internet'...
20+ years later, WFH is now normal thanks to internet, Tinder is a how you meet your partner, online banking is defacto, online shopping is massive(see Amazon). 13~18 year olds seemingly conduct their entire lives over their phones/internet.
Crypto as a technology is growing quicker than the Internet did, is still in early days.
Welcome the change, adapt, adopt and prosper. Or wait and be too late. Those early early early adopters are already retired and sitting on $m's.
Listen to all of this as somewhere in the middle Raoul explains all the above mentioned brilliantly:
- The battle is to decide which of the 'technologies' within crypto will be the No.1shapesalad
- Also don't go too heavy into ETH, Solana is creeping up behind it at speed. Check out InvestAnswers on youtube....shapesalad
- You've got people saying it's a scam and ponzi and on't replace Gold & $'s... you've got those saying it'll replace the entire financial system.shapesalad
- If you follow past new technology arguments... you'll know the side to choose is the side that favours the new tech.shapesalad
- People like grafician are still going to work on a horse rather than automobile. Still taking calls on a landline rather than iPhone...shapesalad
- Crypto is NOT new tech lol
It's old tech that nobody found useful shilled to dumb people to make a quick buckgrafician - Also comparing actual useful tech that found market fit with crypto is a lack of tech knowledge on your partgrafician
- Your posts are basically telling everybody you really have no clue about what you're talking about. So keep talking foolgrafician
- ...and keep selling bridges to idiotsgrafician
- durrr....shapesalad
- The fact that you can't distinguish between a ponzi scheme and actual financial tech is also telling everybody you are financially illiterategrafician
- Difference is that the internet provided useful technology to the masses. Crypto does not. The comparison falls apart as soon as you, we’ll, compare.monospaced
- I don’t think it’s fair to call crypto an equivalent tech to the internet. Not by a long shot.monospaced
- You compare landline to iPhone, car and horse, which I get. We all do. But crypto isn’t offering a superior tech for anything, let alone something majormonospaced
- And no, it isn’t a superior currency replacement. Sorry. It’s not the car replacing horses.monospaced
- Crypto as tech compared to gold, coins, paper IOU's, FED centralised control... Think I'll bet on the new tech, but thanks for your opinion.shapesalad
- it is silly. i'm all out of crypto with the exception of energy web - still the best use-case for the technology i've seen + non profit/ environmentally soundkingsteven
- it's the same as Gold, just with electricity.uan
- Dude. Buying Bitcoin is not investing in the new tech.monospaced
- Blockchain will provide something, someday, but right now it does nothing beyond make headlines. I'll invest when there is tech that creates actual value.formed
- Nothing this volatile can be used for any type of actual currency. It's lunacy to put faith in that and would destroy our economy w these hype-based swings.formed
- Not to mention wiping out so many people along the way. It would be a blood bath exponentially worse than the dotcom or housing bust.formed
- El Salvador bought BTC at over $50K, it tanked to $43K right after, then they bought "the dip" at $48K...BTC is now $45K
Financial illiteracy really hurts.grafician - they buy to hold. they calculated how much they need to make it run some of it's economy and they will continue to accumulate reserves for the next years.uan
- this raoul pal guy cracks me up . what an assclown.neverscared
- u can allways count makine bucks fucking up the climate.... oil or crypto .. both are neckdeep in blood.neverscared
- it's what I meant by it's the same as Gold, like crypto it sees wealth only in materialism.uan
- @uan holding risky assets is the dumbest strategy ever! You hold safe bets, you TRADE risky assets!grafician
- ah yes right, I keep forgetting most of you guys are in the US and trading in the US is a pain in the ass, right, that's why you keep holding...grafician
- Raoul an assclown? Wow. Even if you don’t agree with someone’s opinion, you don’t insult.shapesalad
- You can stop kissing his ass now renderedredgrafician
- i watched one of his shows recently and thought he is running on a lot of incoherent and false thought patterns ... highly manipulative speech semantics too...neverscared
- total assclown.neverscared
- Truth lies somewhere in the middle between Mono and Shapesalad. Mono will be mocking crypto even if becomes wildly adopted and btc hits 1mil.inteliboy
- The shapesalads of the world will hold on as it crumbles. Where as likely it will find it's niche, and settle in the boring enterprise/finance space somehow.inteliboy
- Though I do love the terminology of "tanking" to 43k. 43 fucking thousand dollars. This thread started when btc was around a buck.inteliboy
- Even if it is a Ponzi scheme, I say get the fuck on board.inteliboy
- ^ and this gentlemen (and lady) is how you shill crypto
LOLgrafician
- drgs0
I've been thinking what I'm actually doing with these fantasplodge/fractal clouds because a lot of time I would just pick out the one which fits my narrative
A quote from Steve Jobs comes to mind: "Customers don't know what they want." When Apple asked some customers about what new device they would like to have, the customers had no answer, but if you gave them some options, they would happily choose one over the other and critique the rest.
To synthesize something completely new out of thin air is very difficult, but it is easier to judge if you are given some options. And so you have something called generative art, where an artist uses some kind of technology to create a series of random artworks and then uses his artistic taste to pick out the ones he likes.
Fantasplodges are something similar. You get a series of probable scenarios and then use your intuition to judge which one looks the most harmonious. (Some traders like https://twitter.com/NyuuRoe are able to stare at a blank chart for two hours, until they get a hunch, but I am not him.)
I've been staring at this for days -- I've got nothing, but anyway a bullish scenario is definitely possible
Gold fractal:
Discuss
- So you're using some kind of TA to analyse some asset that fluctuates based solely on hype.
Wow.grafician - I have learned to respect the hype -- the bad way. Don't worry, I'm with ya, I want crypto to implodedrgs
- Ideally, like everyone else, I want to make enough money to live off interest, and then everything goes to zero. My dream scenariodrgs
- I find it amazing Tradingview is full of crypto heads trying to do TA on crypto charts when it's all like this
<<grafician - Anyways, rumours are spreading that Feds will go after Tether next like real soon and the entire house of cards will fall after thatgrafician
- there are days when crypto volume is 80-90% tether pumped so...
There's really little real money in crypto, imagine when all will rush to cashout
Bloodbath lolgrafician - When El salvador pumped real money in the system, even a few millions, the price dropped 20% because holder wanted to cashoutgrafician
- holders*grafician
- Feds have been going after Tether since 2017, I'm immune to these newsdrgs
- Different US legal entities went after Tether and all got them with their pants down so far.grafician
- So you're using some kind of TA to analyse some asset that fluctuates based solely on hype.
- grafician-4
Interest in crypto is down af
- doesnt look *so* down, tbh. looks like its going back up after a bump in springhardhat
- that "bump" is the el salvador fiasco lol
look for yourself on google trendsgrafician - Try "Cardano"SlashPeckham
- and search 'Worldwide'SlashPeckham
- Chill, altcoins are useless toografician
- drgs0
Walmart Announces Partnership With Litecoin
- So you buy litecoin with dollars to buy stuff with litecoin instead of just paying dollars for groceries and guns?
Wowgrafician - Anyway, probably fake newsgrafician
- I love crypto!drgs
- Yeah all major news websites are now deleting the articles LOLgrafician
- Yeah, its offically fake
https://www.cnbc.com…drgs - Walmart will probably sue litecoin foundationgrafician
- So you buy litecoin with dollars to buy stuff with litecoin instead of just paying dollars for groceries and guns?
- drgs3
I feel raped
- i feel free :Dsted
- that 2k fluctuation is scary as fuck.
its going to start a cunamisted - P/L goes brrrrrrgrafician
- It makes crypto look bad, for suredrgs
- Meanwhile over at FTX... https://i.imgur.com/…jonny_quest_lives
- looking bad is inherent in crypto for sureneverscared
- jonny_quest_lives-2
BREAKING NEWS: Wal-Mart rejects Cumrocket.
