hey shawnster you did indeed call it correct my friend ! I think a lot of people got carried away with greed and didn't sell when when the writing was on the wall (myself included to a degree as I didnt sell early enough). You called it correct futures screwing the market and that is exactly what happened. I think you are correct again this may continue with false rallies until most throw in the towel and has Haejin predicted ages ago, people will spit on the name of BTC. Then and only then .... could it be a great time to buy because the rewards could be massive ! - although of course it could also go the other way and we all end up loosing everything, if the banks crash the system and force everyone onto something new, bypassing crypto altogether lol.
You are viewing a single comment's thread from:
Hey bat, great points...it could go either way...maybe the algos will allow the big players to accumulate enough and send the price soaring.....or crypto will be dead just like Gold and other commodities and chop around for centuries allowing only hedge funds and large players to make money....i watched a great video from Carter Thomas today that was one of the best I've ever seen...he's on Youtube....he did mention this choppy bullshit that could happen, (BUUUUT) we have a chance to circumvent this by telling our friends and colleagues about crypto and showing them how to buy and store it which will overwhelm the high frequency traders and manipulators so much, they will give in and let it explode...this will only happen if we get people excited about it again, and use it like it was meant to be used...use it to pay bills or buy lunch...or use it as a payment option on your website or at your business...if this happens they don't have a fucken chance...and we weren't able to do this with other commodities that the manipulators were able to neuter...so it will be interesting to see, but I really don't have much faith in this sector anymore..instead of backing each other up and helping each team succeed, we have a bunch of children spending all their time and energy shit talking and spamming false lies online in order to discredit the other competitor..plus 90% of the investors don't even use the technology..they just want to get rich..money is awesome, but we have to bridge the two if we want this experiment to succeed...we shall see friend