Leads me to believe the manufactured crash is coming right along with this cyber pandemic.
Fresh accounts, sleepers, "buy now or you're going to starve!" fearmongering and over the top nonsense popping up all over the place. Really popped out because it started over on omegacanada, which is a pretty small board where everyone knows virtually every other username.
Most trackable currency on the planet, most useless currency in a real SHTF situation, with a market so heavily reliant on China continuing to hold their reserves, while the cabal is about to put forth their replacement... yeah I don't think I'm the one who's going to starve if I don't get in on the global pump n dump.
I just don't trust crypto besides a meme currency you buy 100 of for $0.10, if chaos ensues, I want physical valuable resources, not electronic code.
In a chaos scenario, only the essentials needed for survival have value. Food, water, shelter, weapons, medicine, etc.
Money is a concept used by civilized people to trade more efficiently than by barter. Gold/silver were fine historically, but there are better options today.
Money laundering. The cash flow is a one-way pipeline.
Go ahead and explain this one.
Crypto is worthless is we lack electricity to run our electronics. Go for hard assist Tools, Garden, Land, Shelter, Cold Storage, wood, and so on.
A big problem with crypto is that the value is so variable. There is no solid ground for value, only perception of future value. For example, if you're a baker who accepts dogecoin, how do you value a loaf of bread if doge yaws so much?
Even bitcoin is only at a transient value - you have no way of knowing what a bitcoin will be worth one year from now, or two years.You cannot have a reliable currency whose value is unstable to this extent. It is only speculative, and that reduces to pure gambling.
Crypto is conceived as a way to decouple money from governments, but without tying money to something stable, you risk the whim of the masses.
Now, they want to tie value to the idea that there is a finite known amount of bitcoin. For others like doge there is no quantity limit, so the value can easily be diluted hence is terrible risky.
The value of some cryptos is also related to the networks behind them. which might be given some estimated value for doing commerce.
But all crypto's value right now is based solely on public perception. The only good strategy then is to take profits periodically. Buy and hold is completely gambling, risk taking.
Sure. When a market crash comes, people who bought high will sell low. We are one major market crash away from slavery. They make money whenever money moves. High volumes of money moving is great for them. When they have amassed enough value into one of their assets, they can crash it and continue the cycle again.
Reddit dosent understand how any of life works.
There's a huge push on X.
Stocks, crypto... doesn't matter.
Every dickbutt on the internet is hoping to gain off of simpleton investors.
On .win? Not so much. Reddit? Well, yeah.
"To the moon!" <facepalm> <Hey, wanna buy a bridge?>
Nah, I made a post myself, and I think people are just excited because those in it have been making a lot of money recently, FFS Doge got up to $.71, there are %1000 crypto scams and nefarious shit out there, but blockchain tech has the potential to move us past big banks. It may be nothing that exists right now, but I do think it’s the future.
Edit: for all I know the doge pump and dump was the deepstate or whatever, also China is making a fuckton with binance and tron
Diversification and short term growth make sense for crypto.
Think the cabal also wants to get the plebs used to it first.
Might be nice to have a separate thread to discuss it just as short term investment, trading platforms, etc. (and leave some of the longer-term debates elsewhere).
From a technical standpoint crypto is cyber attack resistant. Anyone can download the entire blockchain and transact without a bank or third party. The system is completely decentralized.
Now is it secure? Mostly. A quantum attack is possible as in a 51% attack, but these are unlikely and not easy to achieve. Your bank is less secure.
Can it be tracked and traced? Probably.
But not all crypto is the same. Monero and PirateChain are private by default. They cannot be tracked or traced.
Also, you own your own money on your own devices. If the bank goes down, crypto doesn’t because you are the bank.
If the shit hits the fan, cash will be useless. Crypto will have global utility for trade like cash used to.
Should you only have crypto? Fuck no.
Should you only have cash? Fuck no.
Should you diversify and own property? Yes.
Should you own some crypto? Yes.
the only concern I have is cyber polygon and a potential 51% attack, if it can be pulled off, then who knows...
Buy the dip.