All posts made by lynn_402 in Bitcointalk.org's Wall Observer thread
1.
Post 5967469 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.30h):
A quote from Oscar Wilde, about what people selling Bitcoins at <500$ are:
"A man who knows the price of everything and the value of nothing."
2.
Post 5984699 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.30h):
Miners, they need a steady income to pay the bills and without them the network's vulnerable. I'm a bit curious why the hashrate is still rising exponentially, it should have at least slowed a little as prices went down. I'm not up to date with mining hardware at the mo, is there still a backlog of pre-orders and is any competitive hardware available off the shelf?
Since about three weeks, China's production of miners is increasing exponentially. There are not available in the west, but in east asia it is fairly easy to buy them if you make large orders.
3.
Post 5985561 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.30h):
Perhaps this is but a weekend dip, like those that were happening all the time before february?
4.
Post 6033821 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.31h):
Take a lesson from physics. It takes a lot of work to reverse an uptrend. There was a lot of force behind that bounce and I thought we would end up going all the way to 550. 4 hour MACD was way up. A sudden drop to new lows is not really feasible right now, especially with btc38 which wasn't that significant of an exchange. Now wait till 4 hour macd goes down and then you'll see your follow through.
so you are saying that the news
is important? or are you saying that the macd is important? or is the trend important?
They're all important. You didn't get my analogy to physics did you. Think of the news like a small increase in gravity, but your projectile (the price) was already on its way up with a lot of momentum and it's going to take some time still to bring the object to a stop and then into a fall.
I do understand your analogy. all too well, I know the market is sometimes totally irrational. this could go on for days before the 'news' kicks in. in fact, it has. there is no good reason why the market should crash tonight. you might have to wait another 2 weeks and see if your theory works then.
The news about China's ban has been priced-in since January. It's time the silly bears realize that
5.
Post 6033970 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.31h):
It's impossible for it to be "priced in"
1. There's still a chance it doesn't actually happen ,and it hadn't actually happened yet. Action is louder than words.
2. Chinese are still buying bitcoins.
3. Chinese are still holding bitcoins.
4. Chinese exchange operators are still trying to say everything is ok and that they will try to continue to operate as much as possible.
5. There are still people calling it "FUD".
It's very hard to price in the effect of something that will radically change supply and demand. For example, the halvings on bitcoin and altcoins never seem to priced in properly and end up causing a dramatic change.
I'm quite sure the Chinese will still be buying, or at least holding, Bitcoin.
It's so easy to hide; that's part of what makes it attractie. And those who use know are geeks who know of ways to circumvent the country's control of the internet, so they won't have any problem finding ways to invest freely.
6.
Post 6035042 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.31h):
Might as well just write China off and move on. I did that last year before Christmas. Chinese government don't want bitcoin, it is very obvious indeed. The Chinese government will get what they want, you can be certain of that.
I don't agree. We're not in the 80's. Now, the population has the means to get what they want. It's easy now to be anonymous on the internet and do anything the government would not want you to do (TOR).
Especially if it means profiting from the global phenomenum with huge potential that is Bitcoin.
You may write-off the chinese government, but the population should not be written-off.
7.
Post 6036485 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
Totally agree. "Well it always rallied before to a new ATH, so it will again and we will see 1000% gains every year". Its obvious to anyone who does the maths that it can't keep having those gains every year forever
Bitcoin has a lower market cap than Western Union. I don't get why people fail to see the potential there. 1000% gain seem very likely.
8.
Post 6036495 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
i couldnt resist to buy more of these 12$ ltcs
same here
they do look attractive at $12
And those 0.00046$ Doges?
9.
Post 6036541 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
Who care for bitcoin.
Good point, probably nobody here.
10.
Post 6036775 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
shouldn't there be one more dip when huobi makes an official announcement? Or news priced in already at this point.
You should know that if the dip will come it will come way before the huobi announcement
Indeed, I believe that dip actually was when Bitcoin got near 400$
11.
Post 6036880 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
shouldn't there be one more dip when huobi makes an official announcement? Or news priced in already at this point.
The sheep will take any opportunity to omg panic sell. So yes, most likely.
Surely they already are sold-out already.
12.
Post 6036987 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
shouldn't there be one more dip when huobi makes an official announcement? Or news priced in already at this point.
The sheep will take any opportunity to omg panic sell. So yes, most likely.
Surely they already are sold-out already.
They will buy more coins just so they can panic sell.
Haha, perhaps. A fun but costly past-time.
13.
Post 6037081 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
There are only 12M BTC in total and I think close to 1M have been dumped during this last week. How many BTC do the chinese have?
I've heard that there's more than a couple of those Chinese people ya know.
I've heard that 0,001% of them possess Bitcoins.
14.
Post 6040433 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
17th ban will be for real, they promised
Even if it was, it leaves plenty of time for one or two last pumps. Just sayin'
15.
Post 6040810 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
that was yesterday all over the trollboxes
See the last post in this thread for the CEO's announcement:
https://bitcointalk.org/index.php?topic=289730.0
16.
Post 6041948 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
There's way more good news than bad news right now, especially since China's ban is priced-in since January.
Look at that:
http://www.coindesk.com/congressional-hearing-explores-costs-benefits-small-business-bitcoin-use/http://www.coindesk.com/bank-montreal-open-rekindling-partnerships-bitcoin-businesses/http://www.coindesk.com/robocoin-machine-heats-competition-londons-bitcoin-atms/For every bad news, there's at least 2 good news. And consider the fact that most bear already sold most of their coins.
That's a recipe for a bull-market folks'.
17.
Post 6043077 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
I agree with you about the need to establish prices outside of exchanges - or at least in some kind of manner that is more difficult to manipulate..... .... and that way the BTC price would reflect overall demand and adoption better... This may improve with large adoption and larger market cap.. lets say if the market cap was 1 trillion or more... but we even know that gold prices are manipulated. and that gold is 7 trillion market cap.
The prices on localbitcoins always seem more real to me. Right now it is between 500 and 600$
18.
Post 6044506 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
*raises hand*
I've seen this dozens of times but not sure if I'm understanding it right. Please clarify bull, bear, bull/bear trap, fud, ta, hodl, red candle, green candle, firecracker, sparkler, etc?
Bulls expect the value to go up so hold their investments and ride it up. Bears are more like chicken little, the sky falls every time there's a drop, so they freak out, sell off and doom the thing to hell. Bulls like it when bears panic sell because the rates to buy are way low...and then a rally happens when people - the bulls - and whoever else start buying up fast, which increases the price/value and makes everyone's investments worth more at the end but meanwhile bears and bulls like to scare the crap out of each other to see which one caves first?
Is that about close?
Yes? No? Sorta? Thanks!
You're quite right! Also, fud means "Fear, uncertainty and doubt", usually used for unconfirmed bad news that bears use to crash the market. TA is trend analysis, which means making educated guesses based on charts. Green candle=price up. Red candle=price down. Hodl=hold, ie not sell. A bear trap is a short-term drop in price while the market is in uptrend (trap because bears lose money there, if they believe that the short-term downtrend is actually medium or long-term).
Have fun
19.
Post 6044525 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
forget to look at my post at the top of the page?
just trying to have some fun dude
its been going down since I started reading this bloody forum and all I've wanted was a decent opportunity to shout "to the moon!" and maybe post a stupid picture of a train or something....
and since this is quite obviously the bottom
, I thought I'd be the first one to get in there.
Have you the balls to post a picture of a train riding to the moon? (+1 bonus point if it is driven by a bull)
Then you'll be promoted to full member instantly
20.
Post 6044570 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
Yay!! I got something right - I figured ta was probably trend analysis but with all the code words, buzz words and such I wasn't 100%
Bears lean to long term value and bulls lean to immediate gratification is how it seems reading all yalls comments back and forth (funny pics included, the falling bear out of the tree was a good one).
One more - this bubble...is this a good thing, bad thing, no biggie, or ?
Thanks!
That's not right, you can be a long-term bull and a short-term bear. This is the common scenario with Bitcoin actually.
This bubble was good because it brought a lot of attention to Bitcoin, and thus potential investors
21.
Post 6045636 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
This is the first bubble I've observed up close and personal. I'm finding it a teensy bit eerie how closely it's following the script others have laid out...
What's particularly interesting is that many bubbles pop and go to zero. Bitcoin has survived several boom/bust cycles, never going to zero. Indeed each bubble high is higher than the previous, and each bubble low is higher than the previous. It appears, and the hope is, there may be a few more of these cycles before it enters a more solid state on price.
This time is unprecedented bad news though.
There's also unprecedented good news. Its legal status is clearer day by day, which makes it a way less risky investment. Plus the Atm's popping up everywhere, the rise of trustworthy exchanges, business (overstock, etc.) realization that Bitcoin might be profitable for them, etc.
The market seems overly pessimistic at the moment, and prefer to drag the dead dog that China has been since January, rather than rejoice of the many good news.
22.
Post 6045986 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
There's also unprecedented good news. Its legal status is clearer day by day, which makes it a way less risky investment. Plus the Atm's popping up everywhere, the rise of trustworthy exchanges, business (overstock, etc.) realization that Bitcoin might be profitable for them, etc.
The market seems overly pessimistic at the moment, and prefer to drag the dead dog that China has been since January, rather than rejoice of the many good news.
I wouldn't call it unprecedented good news. Legal status here is clearer, but not in China. Paying taxes on mining is a step backward. Everything else you named was good, but the bad news overshadows it.
That's because there's no official statement in China but there are new developments coming from each China exchange about payment processing. Until there is a statement, I expect to be new lows.
But China is just one country. 200 other countries have potential to be interested in Bitcoin. Plus, even in China there will always be a black market for it even if the exchanges becoming illegal.
I agree that China bought use where we are now, but we don't need them anymore. There's enough interest in the U.S. alone to sustain a price well over 1000$ in just a few months (investors need to wait for the market to stabilize)
23.
Post 6051295 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
Guys, nobody would be happier if I am wrong than I would be. It's extremely likely we'll either go sideways for a long time or down. If we go down, $400 support will be tested and may or may not hold. 3600 coins mined per day on top of Chinese arbitragers constantly buying on Huobi, and selling on Stamp. There's simply too much liquidity to soak up without a strategic retreat in price.
It's a great time to buy if you don't mind waiting months or years to see a significant profit, but a rocket ride up past $500 before April 15 is delusional, unless there's possibly a spike that immediately crashes back down. Bitfinex walls keep moving, but the Bitstamp wall is staying solid and immovable at $400.
What makes you think the 3600 coins mined everyday end up on exchanges? I'm sure many of these are from miners who believe in the long term potential of Bitcoin, and won't sell at these low prices.
24.
Post 6051379 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
selling coins at those rate would not be enough to ROI anyway. so yea, freshly minted coins are less likely to hit exchanges when price is down.
Exactly. So what is left to be sold when every bear are full-fiat and every noob has already panic sold?
25.
Post 6052943 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
So, basically, China uncertainty continues and it's going to bite us again. WOnderful.
Only if you let them. It's time to realise they are irrelevent for maintaining the current state of Bitcoin, it could quite easily go back to 1000$ without them.
26.
Post 6057046 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
In honour of Dorian Nakamoto
27.
Post 6057137 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
You can post as many tains as you want but you all know that this is nothing more than a weak bull trap.
Remember that we have a few new CHINESE deadlines.
April 3 / 5 / 15
1- China does not matter.
2- There's plenty of time for them to pump until April 15
28.
Post 6057223 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
If they donīt matter than why do you need them to pump up the price for you?
We don't need them, just saying that there's no sense for them to crash the price two weeks before deadline.
29.
Post 6057267 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
If they donīt matter than why do you need them to pump up the price for you?
We don't need them, just saying that there's no sense for them to crash the price two weeks before deadline.
When exactly do you expect them to crash the price? 23:59:59 @ April 14th.
Will the price go up until then?
They won't be able to as Bitcoin will have gained enough momentum in the meantime.
30.
Post 6057427 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
If they donīt matter than why do you need them to pump up the price for you?
We don't need them, just saying that there's no sense for them to crash the price two weeks before deadline.
When exactly do you expect them to crash the price? 23:59:59 @ April 14th.
Will the price go up until then?
They won't be able to as Bitcoin will have gained enough momentum in the meantime.
Thanks,
do you also know why Stamp is still mirroring every move from Huobi?
Will they be able to act independently after CHina is dead, or will it just be sideways for 20 months?
Bitstamp so far has always followed Gox or China.
Sure it will act independently. There'll be enough non-chinese buyers to move the market on their own.
And I doubt China is dead, it will probably stay in the same hazy territory that it has been in since January. They don't mind ambiguity and uncertainty, only westerners are scared by that.
31.
Post 6057449 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
Please continue posting this picture on every page
32.
Post 6060626 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.32h):
I'd like to point out that BTC's market cap is at 7.5% of the GDP of Guatemala.
Surely we can do better than that?
33.
Post 6070853 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.33h):
I dont see how ebay adding a category to sell virtual currency is particularly bullish. Its all overpriced and the main issue is still paypal. Ebay doesn't really care there just thinking about the fees
It is bullish, because it gives access to Bitcoins for those who don't trust exchanges (or simply find them troublesome) and don't live near an ATM.
Plus in the mind of many it might give legitimacy to Bitcoin, to see a big company "endorsing" it. Also, since it's easy to sell overpriced coins there, it might relieve the exchanges of some selling pressure.
34.
Post 6071018 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.33h):
Disagree, local bitcoins, bitylicious etc are quick and easy and use a proper escrow system without the perils of ebay and paypal. You dont need verification or any such like. Its made it no easier at all...
The difference is that way more people trust ebay rather than localbitcoins. And many sellers of Bitcoins may already have a good reputation on the site, and it is harder to acquire that at localbitcoin. And the fact that many persons prefer the simplicity of Paypal rather than the payment methods that sellers propose on other sites.
35.
Post 6112041 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.34h):
In comparison to BTC, which is some real random numbers. So everyone can wank on sofa while mining "money". That would contribute so much to our society....
You do understand that mining is unprofitable right now, don't you?
36.
Post 6115481 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.34h):
I project that we are going to have a quite a few troubling times with bitcoin prices in the coming years; however, if this thread keeps up at approximately its same rate of about 6,000 pages per year (by the way, happy anniversary Adam, in about 9 days), we are going to reach page/price parity in about late 2016 or early 2017 with a page count of 23,456. That will be a blip in bitcoin price history while we are passing to the mid $30,000 territory for the fluctuating new low price... b/c the new price range for the next several months will fluctuate between $35,000 and $50,000.
Sorry to be so bearish, but that seems to be what is likely to happen... and remember, you heard it here, first!!!
This is a ponzi! Those who posted on the first pages are the one who will profit the most!
37.
Post 6116132 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.34h):
Might not mean much, but look at the forum's currency exchange section. The vast majority are people buying BTC, and those who want to sell manage to find a buyer in a few minutes.
38.
Post 6264815 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.38h):
39.
Post 6264893 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.38h):
It allows you to buy BTC with coins and you can not withdraw through it.
Exactly; more ways to buy is bullish, and they'll have to sell off-exchange so less selling pressure on us and less volatility.
This is the perfect ATM.
It's for people that want to buy and use bitcoin , not to buy , hold a few days and cash in the profits.
+1
40.
Post 6268727 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.39h):
that floating deadline moving around each time we are getting close did lost its literal meaning and may be refered more as "sword of Damocles" that a dead line.
For a hodler, watching China FUDgasms is like being crucified on a procrustean bed of gordian knots cleft by the sword of damocles in the depths of the augean stables.
That's probably the biggest quantity of metaphores in one sentence that Bitcointalk has ever seen. Wow.
41.
Post 6305057 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.39h):
Here it comes
Bitcoin's uptrend ressurection for Easter?
42.
Post 6313190 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.39h):
Wooo hooo, above 510! finally
You come from the future?
43.
Post 6317400 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.39h):
What we really need is a new poll.
And, yep, a train would be nice, too... CCMF!!!
Enjoy this chinese bullet train!
44.
Post 6329135 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.39h):
I too think it will go up after this China bs is over.
Honestly, I don't believe it ever will be. I thought April 15 would be the end of it - two days later, another ambiguous ban.
The market will just have to move on and start treating them like the irrelevant bully they are; a lot of buying from western individuals who are not in this as speculators looking for short-term profit is the only thing that will pull us up, imo.
45.
Post 6331687 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.39h):
As always, media prefer to report sick things done by 0.0000001% of the population, rather than the good done by a ridiculously bigger number. For every article like this one, there should be thousands about the potential contributions of cryptocurrencies to a global economy, about the millions of dollars given to charity by communities related to cryptos, and about how cryptocurrencies are currently teaching so much about economy to all those who take the time to read about them, and making a whole generation rethink what was almost unquestionned about fiat currencies.
How perverted they are.
46.
Post 6331832 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.39h):
I guess they are implying that Bitcoin is the only form of currency that can be "untraceable," somehow I think they should re-think the whole prepaid Visa and American Express cards that are also untraceable.
Yep, and there are ways to make untracable paypal accounts, which are not really harder than anonymously buying bitcoins.
47.
Post 6331940 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.39h):
well said.
sadly i expect more and more of this stuff to show up the bigger the threat of bitcoin grows for existing structures.
populism has always been the best instrument to move the masses.
Thankfully, the decentralised nature of internet and cryptocurrencies offer a great medium of resistance against the existing structures. I'm sure more and more people will get tired of their shit and start to use rationality.
48.
Post 6332090 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.39h):
banksters control the media, I expected to see that kind of reporting long ago.. funny thing is there tends to be a disproportionate number of pedophiles in positions of power too.
So they are beginning to fear us, that means we're on the right track
49.
Post 6343550 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.39h):
Seeing these pictures of the ridiculously big KNC mining warehouse made me realize the amount of coins that must be insta-dumped everyday:
http://imgur.com/a/CcIhXSadly, centralization of mining means that less and less miners are long-term believers and holders, as these data-centers consider the electricity bills as more than a trivial expense.
... and some say Bitcoin is a deflatory currency
50.
Post 6344044 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.39h):
This will probably contribute in buyers regaining trust in exchanges:
http://www.coindesk.com/vault-satoshi-announces-proof-solvency-service/That's great news.
51.
Post 6362300 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.40h):
This board is so bullish its amazing. A testimony to bitcoin indeed.
I don't know to make of it. On one hand, all this bullish sentiment should mean that we haven't capitulated yet.
But I know that's not a complete picture.
I'm quite sure that even if Bitcoin was to fall to 10$, there'd be as much bullish sentiments all along the way down.
It is too unique and filled with potential, for people to simply view it as if it was a stock and react accordingly.
52.
Post 6369474 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.40h):
where is the limit for miners - regarding costs for hardware, electricity,...
who knows data?
who can predict when there will be no profit for miners anymore? - $300?
If you own the most energy efficient equipment available now, the price could get to 100$ and you would still make more money than what you pay in electricity.
However, the difficulty would probably go way down from less efficient miners shutting their systems down, so perhaps it would still be profitable until 50$. Of course, that also means that your miner will take about 10 years to pay for itself, especially if it is hosted in an expensive data center.
You may try different numbers there:
http://www.vnbitcoin.org/bitcoincalculator.php
53.
Post 6440268 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.41h):
pls... guys, stop talking about Risto for a while....
Why are people buying atm? Is it because they want to have coins, to be able to get out the chinese exchanges??
People are buying because China has not banned anything today.
54.
Post 6475653 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.41h):
His hatred for our freedom knows no bounds, [ ... ] He usually manages a semblance of sanity until his "libertarian" reaction formation is activated, whereupon all bets are off.
Good to see you airing those "academic" prejudices a little more openly again, prof. Have the high priests of the global Bitcoin conspiracy been getting to you again?
Bitcoin could be your saviour but you're so terrified of some of its libertarian fans somehow taking complete control of this massive open-to-all consensus-based network that you'd rather dedicate your time to saving the world from those dangerous imaginary cultists [ ... ]
I think your political bias might be showing a tad.
My sincere apologies if I ever gave the impression that I had any sympathy or respect whatsoever for the libertarian ideology. If you care, I could try to remove any lingering doubts you may have about my opinions on the matter.
By the way, I am still trying to figure out what exactly is the "freedom" that the bitcoin "libertarians" are so obsessed about.
It seems that most of them are in the US or "US-like" countries, so it cannot be freedom of speech, religion, travel, residence, association, study, dress, drink, sex, marriage, work, property, trade, investment, enterprise, and many other basic freedoms that the citizens of those countries enjoy to a higher degree than most other people in the world (and that bitcoin cannot do anything about anyway).
So, what exactly are those "freedoms" that the "libertarians" miss, and hope to get through bitcoin?
Freedom from bank bailouts and the continued devaluation of the dollar.
And freedom from having to let a central entithy - whose policies we disagree with in many ways - have total control over our means of exchange, which are perhaps the most important part of a civilized life.
Cryptocurrencies gives people control on their money -thus economical freedom-, while fiat is at the mercy of the whims of an irreasonable government which can't see more long-term than its term in office.
55.
Post 7273630 (copy this link) (by lynn_402) (scraped on 2020-04-04_Sat_12.52h):
Expecting prices to touch 520-560 unless some unexpected mini-rally happens
Why?
Simple, what goes up must come down.
Digital information is not subject to gravity.
