12 Comments
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Elmbutcher's avatar

This Ponzi Scheme when it blows up is going to generate a lot of suicides.

I was told it was a sure thing as I step in front of the train.

In a New York Minute ( song )

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Markets, Liberty, & Discipline's avatar

I really don't think anything's going to happen either. I mean at this point when you got Larry Fink who is the number to bitcoin owner Satoshi is the number one and then forget who the third guy is and I believe Trump and his family are like 9 10 and 12 or something like that so when all like these huge people in the financial industry are now screaming full force into Bitcoin and it's not really a scam anymore is it

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Elmbutcher's avatar

When it looks to good to be true, its not. Wait and see i guess,

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Markets, Liberty, & Discipline's avatar

To be honest I own very little cryptocurrency myself. I see the stock market as a far safer way to make that 20% or even that 1,000% plus percent trade. Especially if you are in today. Futures is much more predictable in my opinion and there is far more liquidity so you never have to worry about crazy slippage like you do in crypto. I've seen people who ended up you know being a fucking bag holder of a coin and they can't sell it because if they sell it it makes it devalues it even more and so they're stuck holding this worthless Fucking Coin hoping that enough other people come along and buy this worthless coins so they can at least get some cash back but they can't sell any of it so it sits at a limit order and they drop it every now and again and then they'll spike it and that's why crypto coins will have to write these forever downtrends. Except for Bitcoin because all the money gets vacuumed into Bitcoin

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Elmbutcher's avatar

But silver and gold will buy a loaf of bread if times are bad, all you can do with paper is make a nice fire.

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Jeremy Mercier's avatar

Eh. I don’t see it going anywhere.

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Elmbutcher's avatar

So your all in?

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Jeremy Mercier's avatar

No. I’m not. Def not! lol.

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Elmbutcher's avatar

I told you so lol

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Markets, Liberty, & Discipline's avatar

This was the manipulation before the last and final leg up of this accumulation structure over the past couple of years, before we breakout like we did in 2020 and 2017. BTC is on a 10 or so year cycle

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Elmbutcher's avatar

I told you, don’ care about the why,

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