Cryptocurrency and Optimism | Think Rich To Grow The Value Of Your Stash (Written By Lori Brown, Core Group)<--me
Written By Lori Brown AKA Lorilikes (Me) originally seen on our company site CryptoCoreMedia.com
Original URL is here: https://cryptocoremedia.com/cryptocurrency-optimism/
Please tell me your thoughts!
Art by our beloved cartoonist Macoo! 
In Cryptocurrency, there are a lot of unsavory bits of news that travel quickly across the wires. In the name of good journalism, I would like to believe that the buzz of the day is always true but that would be naive. While it would be outrageous to say that the news we see daily is bogus, there tends to be a hard nudge from cloaked entities in the direction that best suits the bottom line for these discrete few. It doesn’t mean that I think we are all doomed and it doesn’t mean that the Illuminati is at the round table, it simply means that the Headlines we are fed are more than likely being fed to the benefit of someone-and it might not be you or me.
It probably doesn’t matter much who is controlling the central banks, but a more relevant question is why don’t more people NOTICE the control the banks have over the majority of the world?
Rebellious to the centralized concept, by its peer-to-peer design, the underlying technologies that enable Bitcoin, Ethereum, and other cryptocurrencies are resistant to the type of manipulation most prevalent in centralized banking. Cryptocurrency presents a unique opportunity to shift the power back into the majority simply because the hand that controls fiat cannot contain the world of crypto with the same ease as centrally banked societies. This is, in part, thanks to the publicly distributed ledger that makes the network operate- you know, the Blockchain. Cryptocurrency optimisim
Cryptocurrency Optimism
The blockchain is something you always hear people talking about and the technology has created an incredible change in the way people transact- in fact it is far improved from the old model. For example, in the traditional banking methods of accounting, there is a middleman who is paid to facilitate the flow of things. Patrons of the bank are expected to trust this person with their private information, and the storage of their funds. The middleman in this scenario is usually able to reconcile the numbers to fit squarely into the bank’s handy ledger template. That is a problem. When a banker can go back in time and undo a detail this way, it means the details cannot be trusted nor can they be meaningful enough to be safe. Blockchain differs from this because all the information on a blockchain is permanent and immutable- which means nobody erases pieces of the history- it is impossible once a transaction is confirmed it is permanently sealed into the blockchain- and becomes an undeniable part of the history.
If a part of the bitcoin network went on strike, the blockchain would continue on without them. All transactions are peer-to-peer, and no bank controls the flow. The transparency of the chain of events is secure, encrypted and yet all eyes can see what is happening so there is never the need to trust a banker to do the right thing when nobody is looking.
Cryptocurrency Optimism Is Needed.
An aspect to consider when examining the popular train of thought in any society, anywhere in the world is the influential sources of input. What drives the actions of the people? Why do we do the things we do? Simply put, people tend to adapt to their environment in a way most comfortable for them if possible. People stop asking questions about the system when properly distracted.
Media outlets have the task of entertaining, informing and hate to say it, supporting a position that society will likely react well too. On topics as important as blockchain tech it is startling how much we value the opinion of Jamie Dimon, John McAfee, Warren Buffet and Paris Hilton. We let the voices that are in the media speak for us- it is clear when you look at the direct correlation between the price of cryptocurrencies and the rumor mill from the day before.
You can see that every time a large story has come to surface that bashes bitcoin, the price plummets. When someone famous raves about the amazing profits from a portfolio made of crypto- the slope goes zooming upward.
If we are in fact in that close of a controlled market where our moods and loud opinions sway the price noticeably then wouldn’t it be a great idea to all agree that we are destined for the great riches and beyond? If we all agree on the marketable value of a coin it is then deemed worth that much.
Could it really be so simple, in a vastly complex financial puzzle? Is it possible that all we need to do to ensure the success of our crypto journey is to remain optimistic?
Any time a community member is beginning to lose heart and they are starting to feel doubtful in their coin stash – it reduces its value – in the mind of the coin holder. Then it gets passed along the various chains in the form of panic sales and hard “hodling”.
Instead of this reaction, I challenge the community to keep up with the news, of course, but also pay attention to the intricate and delicate pieces of the puzzle. The notion that you personally affect the price of bitcoin is empowering and it is TRUE. For every scam you see in bold letters across the various news feeds of your day, note that there are equally encouraging stories too.
Remember- the hand that controls the central banks has a lot at stake if we think this way- which is a good reason to question the motives behind spreading news that portrays reasons to fear and reject cryptocurrencies. The emphasis on the dark side of crypto is dominant in mainstream media to protect the interest of the entities who have the most to lose during the mass adoption of crypto.
When the familiar and ominous tone comes surging into the blockchain, please stop to see reality. We are on the starting line of an incredible adventure. Let us explore without polluting our view with FUD (fear uncertainty and doubt).
Optimism is the easier route anyway.
Cheers,
Lori Brown
aka Lorilikes, Core Group
Twitter.com/TheLoriBrown
well this is amazing a great aticle thanks for sharing with us
Well staying optimistic is the best way I assume, but even if this is not every time possible, someone has to realize that selling too fast brings nothing but an downward trend. Especially in market situations like this.
Emotions shouldn't be part of investment and trading, even if it is hard.
I think there is room for both; why does it have to be alt-right or alt-left (that's me trying to be hip with the lingo)? I got into crypto because I wanted to buy edibles and had to learn how to learn all about bitcoin- yes the drive was that intense. My focus is now is trading financial assets. I've traded stock options, ETF's, Indices, Foreign Currency pairs, now crypto currency. The goal is to replace engineering income from a 9-5 from trading profits. I've always maintained a critical eye when it comes to new assets and I study how they behave. It's almost precious to see someone get all enthusiastic about the possibilities of cryptocurrency and blockchain, I was the same way. Then you end up digging deeper, sometimes by necessity- like when you lose your shit on Mt.Gox- or you start to see patterns of price manipulation like on any foreign currency pair. Who are we to tarnish someone's brilliant and shiny enthusiasm of a concept with a knowledge of the unseen hand that humans unconsciously or consciously use to wipe their ass with? I think my point is that you have to know why you're in it with such clarity that you can exist in equilibrium with it all. The question to answer is..Are you getting what you thought you would from it?.....my 2 cents.
Yes, there is room for both. Both are present, both fit, I concur.
You are hip before the lingo even gets involved. More hip than a Victorian ball gown.
Hilarious, and not shocking. Until ...
That was a highly attractive personality feature showcase. I love people who can enjoy the finer ingredients in life such as the variations of Cannibis, then switch it to the topic of crypto, without relating it to hookers or gambling. Thats hot ( says Paris)
My assets seldom behave, I am sure you have learned this by now! Oh sorry I cannot resist a good ass joke. lol
You are beyond cool. Such a wonderful personality type.
Great article :) I believe most crypto is really volatile, which has its advantages and disadvantages. For example, someone that is good at trading and nows how to read charts can make a lot of money.
On other subject, i would love if you could write about your experience with @luckygamesio and @@@pokersteem If they are worth it :)
Interesting. I will do that . Do you work or affiliate with either ?
No, i don't work or affiliate with those companies. I wanted to check my wallet and by mistake i saw yours and i saw the transfer to @luckygamesio and i was curious about it and checked and register on the site and i'm playing with the lucky tokens altough most times i end up losing it all, so now i'm working on a betting strategy :)
I like to play sometimes but more than that I love the lucky games exchange feature. I deposit my steem into the lucky account and swap it out for any coin I want instantly - for a tiny house fee. It’s awesome. Not many places (yet ) to trade small amounts of SBD and STEEM but it’s s great and hidden feature of LuckyGames. They have over 20 coins and all the good ones. ❤️❤️❤️
Never tought about the exchange feature, its really great idea. I already noticed they have lots of coins and the best ones. Unfortunately at the moment, i'm only playing with the lucky tockens since they say that both the steem and steem dollars wallet is currently under maintenance. Can't wait to try :) Thank you for your explanation :)
Optimism is always the best :D
An Awesome article @lorilikes
And this is crypto it will moon again......
Bitcoin is like a bubble, like a pyramid game, Bound to cras, like a chainletter
Thanks for sharing
Thanks for your thought @aliza01. = )
Very well said...
Strong people who hold banks from behind, also control the media and they never would want to see their monopoly being challenged...
So we all should remain optimistic in the times of uncertainty created by the media and should try to see the hidden motives....
Cryptos are the future of mankind's financial system and no one can change it...
It is a certainty, you are correct! The future will be interesting for sure.
Very great writing @lorilikes I'm following you because there are people in the world who share their thoughts so beautifully and really you have got this skill keep it up!!
I have much to learn about cryptocurrency I must confess. Glad I have a tutor @lorilikes.
Well I only know a little. Learning always! 👍🏻
Of course, there is the counter position that we should always be aware of what the mechanics of the system really are, not what we imagine them to be, not what we want them to be, but what reality has them being. No amount of wishful thinking, positive vibes, or belief in the future will change the facts on the ground.
For instance, I just spent two days actually working with the data on the steem blockchain itself, looking at the distribution of power. If your concern is the central banks who have a serious hand, alongside national governments, guiding fiat currency – then you really, really should hate at least our most local example of blockchain currencies.
Perhaps your last paragraph should read:
"When the familiar and overly upbeat tone, surging into the blockchain, please stop to see reality."
No bright future is ushered in at the hands of beloved acolytes. No, bright futures come in when the most ardent opponents, whose criticism has proved prescient, are listened to and their comprehension integrated, until the point that even they have to shrug and concede that the facts on the ground are working.
This is actually a significant problem in cryptocurrency journalism, as it stands, from my perspective. It only has two modes: rah-rah rosy tinted optimism or critical-failure FUD pessimism. There is very little actual analysis occurring within that space, with proper criticism, and what little that there is often gets classified by the crypto cultists as critical-failure FUD. No criticism can be allowed. Only flights to the moon can be imagined.
Maybe I just come from a part of the intellectual world where a little more rigor is considered good for the eventual product. After all, in software design or mechanical engineering, if something can't be criticized, the next step is for it to fall apart while someone's using it in a very critical way. That goes a fair step beyond just "someone loses some money," and well into "someone loses their life."
I would agree. Optimism is the easier route. It's always been the easier route. It's also the route that will get you in trouble the fastest, that will lose you your money, that could get you killed, that makes a mess of everything.
I'm a little more interested in seeing what the facts are, talking about what the facts are, and making good decisions based on the facts.
This might explain why I had such a lousy run at journalism.
Proper risk assessment. Due diligence. A critical view. The ability to project behavior based on past data. An understanding of how mechanisms enforce and reinforce behaviors.
These are the things we need in discussion of cryptocurrency lot more than we do optimism.
Funny imagery about the flights to the moon. Although I am stricken by its actuality. People say this daily. They are"mooning" coins. The day a coin moons me, is the day I will moon the first news van I see- live.
The other thing that strikes me in your above quote @lextenebris is your sensible, non fuddy demeanor. I had not realized I was on the far opposite end of the trolling fud-brothers in crypto. I am, though. Arent I? I am of the section that candy coats it all then sprinkles glitter on it, just before I do a cute spin and dash off to impress the next onlooker. Obnoxious I am, and I think 7 out of 10 people like my ... obnoxiousism. Obnoxiality. Obnoxion. Whatever.
I just see an ABSOLUTE and REAL correlation between us and the market. In fact, there is no other comparable markets, in this way. I believe it is because the financial markets of the world are under the care and control of those with the most money ie most influence over that domain.
Crypto is young, crypto is distributed and crypto is reactive to immediate circumstances in a far more volatile way AND it is closely measurable when compared to consumer reactions and consumer exposure to negative media.
Oh so THAT is what happened to my once perfect life. Optimism. Well I'll be damned.
Let me know when you have compiled enough facts to discredit my observations that the crypto sphere is
we may be on the starting line of something much more efficient than a "cycle"