My Current Micro/Macro Thoughts On The Market

in #bitcoin6 years ago


Random Saturday video on my thoughts on what's going on.


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This was exactly what I wanted to hear today. And I may be listen to this clip again next week. And next month. Just like we listen to our favorite music, again and again.

And I probably will make a recording to the flash drive. To save, for listening during NEXT crypto winter (2023 ?).
And give it to listen to my grand-childrens. Which are yet not born.

!tip

Everyone on Steem loves hearing from you man!
Thanks for your thoughts on the current market.
I am working on stacking this shit up right now. We will see how it all plays out!

Peace!

Decentralization is the natural order of things.

Centralization is artificial. It requires tremendous energy to maintain. Endless vigilance, resources, manipulation, coercion, and outright use of force must be brought to bear in order to keep it going, but it's the only viable option for those who wish to profit at the expense of others.

Real decentralization means that we're at each others' mercy, or at least accountable to each other in real ways. But it also means that we're empowered, as individuals and as communities. It works this way to the degree that it doesn't get hijacked. And those with enough money to do so will always hijack.

Decentralization means INTERdependence. Which, to those who wish to profit at the expense of others, means loss of control. A more nearly level playing field. It's what they fear most. Which is why I don't think that crypto will be allowed to survive unless they're able to make it their own. To make it work for them. Which, yes, is probably what's happening right now.

They've been playing this same game forever. Continual consolidation of real assets. Through boom and bust, among other strategies :/

I agree about Steemit. I'm going to continue to invest time and money into it, and continue to power up. As a creative, I see Steemit, and blockchain in general, as crucial. The value of the platform is not dependent solely on the value of the currency. We need a viable alternative and to me, so far, Steemit is it.

#snappluscomment

Well said. Esp the second paragraph.

Thanks for the video. The market can stay irrational longer than you can stay solvent is the full quote.

It's so true.

Wise words to live by. I keep telling myself I can't believe STEEM is at 25 cents (or any of the other crypto). I need to buy more, and I do, but I stay careful and within my means. This might not be over. And if this is the real bottom, no need to complain.

I like the millionaire, billionaire, difference. You said it before but this time it clicked better.

You've made the Steemit Minute for today! Congrats!

Check out the Video Here: https://steemit.com/news/@reseller/mdp96lfe

I’m here for the long haul, I’m keeping my eyes on the pulse! 💪🏼🙌🏼💯

Posted using Partiko iOS

My Xmas lights were broken..was gonna throw them out....I fixed them while listening to this...

positivity works !!

They are definitely crushing the markets really hard but, I think this isn't even the half of it. They may have fired a couple rounds from a pistol but, they still have rocket launchers and nukes.

The question is, where is the bottom and how high will the prices skyrocket when they open the floodgates and start raking in some real profit. I don't think they will keep destroying the prices for much longer. Maybe another couple months max. But who knows, maybe I'm wrong and they obliterate crypto pushing it to the ground. Btc 100$, FUD like we never seen before.

The only thing I can't agree with you on is that people aren't inherently sheep. They are. If they weren't, governments would have been outlawed a long time ago, fiat wouldn't exist, a form of anarchy would rule the world and we would be free.

Furthermore are you familiar with the situation in China? The commies pushed their sheep tightly against the wall, like no other regime in history and the sheep aren't even flinching. On the contrary, they are praising slavery to the AI/big brother.

If you aren't in the know about this, I wrote an article about it that I'm really proud of and think you will enjoy reading.

[THE FREEDOM KILLER] Totalitarian wet dream comes true as China implements an AI governed, Social Ranking System that punishes discredited citizens and rewards the obedient ones

The lower the market goes now, the more I can buy. The hardest part is resisting the urge to get in and I have already cracked a few times. Steem Monsters is providing a nice distraction. I'm also doing 10k steps a day with Actifit. I find it funny that Steem was at a much higher price when there were less reasons to buy it :)

Hi Dan,
Excellent as always - Yeh the sheep are pretty much against the wall now as you say... things have gotta change!

Upvoted and resteemed :D

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