Can some banker please do another stand-up show on mainstream media?

in #cryptocurrency7 years ago (edited)

Or is there not a rumor about China?

The prices of Cryptos are way to high again, for me to buy now.

Bitcoin, alive and kickin'!

Has anybody mentioned Tulip Bulbs already? Think that would be a good thing to compare the next market gain to that again. That should give the crypto prices a well needed dropkick. Well, I guess it is clear by now that cryptos are here to stay. And that Bitcoin was created to hold value, not to grow Tulips from Amsterdam. Seems that this is actually not the most popular plant there anymore, because it cannot be smoked, used in cake, enjoyed as tea, smeared as butter and effectfully used as a medicine that actually heals people. Now they should make a crypto for that. Oh, there are already weed related cryptos? Ah, good job. Can they be used in Amsterdam perhaps? Just asking for a friend that does want to stay anonymous...

Cryptos, more lives than a cat ever could have wished for. But seriously becoming way to expensive for me to invest in. At least the big one, Bitcoin. Litecoin has lost a lot lately, so it has quite some growth potential on the short term. In fact it already regained too much to my egotistic based liking. Steem, well, I guess some saw the latest drop as an ideal way to get to that 500 Steem Power {SP} bargain. To enjoy the slider and more usage bandwidth. And though my Bitshares and Doge took quite a hit, I also believe they have quite the potential to grow. There was a pattern to be seen at the Openledger/ Bitshares DEX {Decentralized Exchange}, where the pegged Assets were used heavily as a safe have to store value. Especially bitCNY was used a lot and also bitUSD and bitEUR. Yet, I see a more day-to-day practical use for these relatively stable pegged Assets.

All in the green.

Seems things have calmed down on the cryptocurrency market. Still not back at the 150 billion total market cap I was expecting to be the ceiling for a while, or the floor. But I had not expected some banker getting a lot of hyped mainstream media attention with his old story. And then there is of course China, the magic word. Hope me it just mentioning here does not cause another panic sell. Well, it is monday, so you may never know. So a good moment to leave you for now with a reminder to only invest in cryptos what you are willing and able to lose. As your speculation might be as bad or as good as mine.

Have a great one!


Another day at the office.

screenshot from 'Bitshares2-Light' by @oaldamster

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Jamie Demon loved the FUD, JPM bought 9000+ BTC on a Swedish exchange 😂😂😂

And I bought some some Steem (just one day to early, but still cheap)

That was a smart thing to do... Hope they inform me the next time they are pulling a stunt like that. ;-p

It was indeed a good time to buy some Steem too.

parasite-banker.jpg

Hahaha, spot on!

By now, I think we should realize that when a bank is publicly discrediting a blockchain based currency, that's usually just an attempt at market influencing in order to buy large portions of that currency at the same time.

It must be, because banks are in it everywhere. Ripple for instance is just a plain bankers crypto.
But they must have wanted some more Bitcoin, to invest in some ICOs, I guess. :-)

Just wait til the end of the month, a couple of exchanges are closing then. On the 20th, Yunbi is closing. In October you have Huobi and OKcoin closing and they are both top ten Bitcoin exchanges. This might affect the price negatively but the Japanese markets are just loving the cheap BTC right now!

Okay, will wait for that, thanks for the insight. Did not know OKcoin was about to close too.
Well, Japan showed how it also can be done: legalize it and start boosting your own economy.
While China seems to do the opposite, do they want to destroy part of their economy? Could it be that they are preparing their own blockchain Yuan version?

Exciting times ahead, again, one big ongoing rollercoaster ride.

Jamie took the frontstage, and I bet he regrets it already.

Or maybe he bought some more BTC cheap.

Well according to his rules, he should fire himself then! ;-)

Hahaha, he should indeed!

Good article!

Upvoted and followed! Thanks for posting! :-)

'the rumors about my death are greatly exaggerated' ©bitcoin

Congratulations, you have won the @OriginalWorks daily resteem contest!

Thank you! :-)

10K is still a bit on the conservative side. But I do not think his mind could handle 500K by then. :-)

Apparently JP Morgan bought a shedload of bitcoin:

http://www.zerohedge.com/news/2017-09-16/if-jamie-dimon-hates-it-so-much-then-why-jpmorgan-buying-bitcoin-europe

That's a big fat Buy signal if ever there was!

Isn't it ironic? :-)

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