haha it's so funny. zxc trader or whatever his name is will claim "called it called it" (but got rekt on his calls) I get fucked, you get fucked, everyone gets fucked. This is what crypto is all about. Screwing over as many people as possible. But now we are running out of new suckers and the ponzi scheme is closing in and about to collapse in the next few months IMHO. Crypto is the most centralized thing in the universe and the people behind it are giant fraudsters. Tether is the culprit behind entire crypto. Take down Tether, crypto goes down 90%. And then maybe there is some innovation and not just pump and dump games. But for now it's all just a giant ponzi scheme. Much adoption and use cases; money laundering, online scams, ponzi schemes, pump and dumps, extortions, drugs and sex trafficking. Is there an illegal use case that crypto can't solve? An all in one solution.
Thanks! In the short term wouldn't be surprised if it roundtrips to negative m2m, but I strongly believe it will recover and be profitable when I close the position 2nd half of next year 2025 Because of significant increase of global liquidity due to massive money printing by global central banks bitcoin and mstr will benefit nicely
What's to say all money is not ponzi? All those paper or digital dollars could be ponzi. Gold dug out the ground and useful for fuckall other than trinkets, the value ponzi. Gold for industry, electronics, wiring, overpriced.
Now how far is the retrace of the pullback going to be? This will be very telling. If we reach a certain level this becomes a 4-->5 and then all bets are off.
gold took a supernova and billions of years to create. bitcoin was created by a super ponzi schemer, $120B of fake Tether dollars and 15 years
Bitcoin can't be a ponzi scheme but Tether might be. And price of bitcoin is supported by Tether. Most crypto volume is against Tether. Tethers are printed to pump up price of Bitcoin. Anyways, let's stick to the plan. Tell everyone you know to sell their cryptocurrencies and NEVER mention crypto again to stop this brain-rot. I will try and do my best. Hope so i last longer than i do in bed.