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RE: BTC - Something to think about...
i think the media will never come to grips with bitcoin lol
and i wish we get a dip before the baakt platform open also
i also believe that it will break its high a month after baakt launches but am hoping it corrects since we havent seen a real correction in a while just little dips and im not sure thats a good thing in the long run
have a great day jr
I don't think it is. Like I said, we haven't seen one 30% correction yet. We saw 9 in 2016-2017.
and the scary thing is if it doesnt correct when it hits 12,000 we might not get to see one
i dont really know what to think of that
been loading up on monero since it was 70 bucks and i believe it will do great since BTC has fungibility issues and no privacy and will have security problems as time goes by
also exchanges are stealing peoples coins that are tainted
have you heard anything about that
Nope, I have not. What do you mean by stealing?
well whats happening now since they are tracable
some people bought on bisq and then they put them in there wallet and i forget what exchange they put them on to trade and the exchange basically said their coins were tainted and used for nefarious purposes in the dark web and they are confiscating them and shut down his account and then i guess the other exchanges he was on shut his account down within two weeks and they even throwing a few people in jail
that is insane
its like 80 percent of currencyhas traces of coke on them and the cops seize their money thats what i feel is happening with bitcoin and its only going to get worse
this is one of the main reasons i keep buying monero cant tell where it came from or where its been
if BTC keeps having these issues monero stands to gain big time in the future
a few people i subscribe to say if this keeps up not to be surprised to see monero at 20,000 in five years if this BTC bullshit doesnt get dealt with
i will see if i can dig up the article and send them to you but im sure if you look around you will find some about this
have a great evening jr and be safe and be well bud
Yea I have heard about stuff like that before, I think it is mostly fear mongering though. I think monero and the privacy coins are going to find a tough going to be honest. Most governments will try to ban them. It may not be possible, but they can severely limit their use if they try hard enough. Regulators are coming around to bitcoin mostly because there is a paper trail and they can put restrictions on all the fiat gateways, but they will need global cooperation, which they are kinda sorta getting. Privacy coins make that all the more difficult. I would not be surprised to see centralized exchanges forced to delist all privacy coins in the near future.
that is a possibility with monero but decentralixed exchanges are coming and good luck telling them to delist them
also they didnt do a good job at banning bitcoin so i dont think they will have any luck with monero and i do hope your 100 percent wrong on that one
and about the fear mongering if it happened to me or you it would not be fear mongering anymore
this isnt one instance its been happening quite a bit in the last couple of months
pretty scary but who know they might fix the problem hopefully
people should be using mimble wimble i believe its called to clean their coins before they put them back on the exchange just in case they have been tainted and used on the dark web
have a great night and look forward to reading your articles ive actually missed them since ive been gone for a month
cheers and peace bro
I'm just now writing about this... it's insane with you look at it.
This spike is steeper than 2017 with almost zero resistance.
Yep that is crazy. I wrote something about that a few weeks ago as well, check this out:
And this was before the recent parabolic move...
Basically bitcoin is moving faster than even some of its fastest up moves ever.