Discussion in 'Cryptocurrencies' started by Magna, Nov 26, 2017.
you ever read the gobbledy goop they post on these 1000's of cons?
ADCN is an experimental new digital currency that enables instant payments to anyone, anywhere in the world. ADCN uses a proof-of-work method in order for the ADCN blockchain network to achieve distributed consensus. ADCN Core is the name of open source software which enables the use of this currency and everyone can contribute.
Translation, we're yet another worthless series of digits you're about to pay good fiat for
I was going to post something important but decided not to
Buy Taiwan Semi.... before the word gets out.
Well, one was a confiscation the other is an investment idea. I like the idea of confiscation, free money!
Bitcoin is 9 years old today!!!
Now we have alt coins that in 6 months get bigger market penetration than Bitcoin did in its first 5 years. Maybe bitcoin can be useful again when it reaches teenagerhood...
Gotta get back in BTC. Thiel's buy created a flag that's going.
Thiel's strategy apparently works again:
Buy big positions but don't get caught and don't wake up anybody.
When the position is filled, share the whole world the news.
The whole world will copy him and make him rich as the "cannon meat" will push the prices up.
If things go wrong, the "cannon meat" takes the hit as they bought at higher prices.
If the "cannon meat" cannot stop the crash, Thiel can still liquidate his position without losing a lot of money.
Similar to the early buyers on ET who later started to post and trying to attract "cannon meat" too. That "cannon meat" took the big hit from the last weeks.The posters are still save as they bought cheap. They are waiting now for "fresh meat" to pump up prices again and take the next hit.
The "cannon meat" does the work, takes the risks and....... leaves the profits for others.
L'histoire se répète.
When has fiat been "good"?
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