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posted 2 years ago by ghost_of_aswartz 2 years ago by ghost_of_aswartz +8 / -2
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– Lippy68 2 points 2 years ago +2 / -0

If the market does another dump soon like during covid lockdowns, do you think bitcoin will dump again or will it go up as people lose faith in fiat? For some reason some crypto heads are still predicting btc will go up to 100k but I don't see how, at this point.

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– deleted 1 point 2 years ago +1 / -0
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– Throwawaylostaccount 1 point 2 years ago +1 / -0

The reason for cryptocurrencies is to have a sound money like gold that’s digitally transferable and unable to be manipulated by the government.

The history of money: https://youtube.com/playlist?list=PLE88E9ICdiphYjJkeeLL2O09eJoC8r7Dc

The best cryptocurrency I’ve found ticks all the boxes for sound money, but isn’t perfect (nothing is). Still it’s the preferred currency for the dark web, and my favorite value storage behind gold and ammo. Xmr/ Monero

https://youtu.be/wq6w03E2DS4

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– deleted 2 points 2 years ago +2 / -0
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– Throwawaylostaccount 1 point 2 years ago +1 / -0

Yeah Monero is the king of cryptocurrencies. I’m pretty blown away with how well it works sometimes

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– onetimeuser 1 point 2 years ago +1 / -0

Monero, dero, pirate chain, novelty...

... we either follow the same circles or somehow ended up thinking similarly based on logic and observation. Thanks for the confirmation bias!

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– Lippy68 1 point 2 years ago +1 / -0

Coins that show consistent volatility...a see saw pattern from start to finish (when they first started to current...."MAX"), are the one where there are opportunities. The higher the peaks and troughs are what you're looking for. Like 10x or more delta from high to low

That's such a good point. Do you remember some coin examples so we can take a look at the graphs? Thanks!

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– deleted 1 point 2 years ago +1 / -0

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