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Big corps are trying to demonize cryptos to tank the price. This is all so they can buy up the coins at low prices.

The crypto market has sold off 20% of its value. You can tell by looking at the crypto index (ie. Bitcoin). BTC price currently ~48k whereas it was over 60k a couple weeks ago.

Good luck

Big corps are trying to demonize cryptos to tank the price. This is all so they can buy up the coins at low prices. The crypto market has sold off 20% of its value. You can tell by looking at *the* crypto index (ie. Bitcoin). BTC price currently ~48k whereas it was over 60k a couple weeks ago. Good luck

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[–] • 2 pts (edited )

ETH is still good, It looks like around now is a fantastic time to buy or do some pair trading. I am not one to catch a falling knife though, maybe wait for the dead cat bounce and then stability.

Also, its total value doesn't fluctuate much, just the trading point. i could sell you a btc for $1M and then the price would be $1M, just not for very long. very little of the actual underlying is in play.

[–] [deleted] • 1 pt

Appreciate the insight

[–] • 1 pt

also, for plebs like us (i'm assuming you aren't in the $B class) our current value is what you are thinking.

if you look at a you can see that currently you could take this market down to $38k by selling off $178M of BTC. that is a lot of money for us, but for some it is worth the manipulation, they tank the value, causes plebs to sell because their savings is disappearing and they have weak stomachs, and then they buy back. putting fake numbers in it would be something like "sell $200M of bitcoin bringing the price down to $35k, people follow your lead in selling, buy back $200M worth of bitcoin, but this time you have 120% of the bitcoin you started with, because people cashed out". there are variations, but this is the bird's eye view.

[–] [deleted] • 1 pt

great way for them to siphon more money from the lower classes.

[–] • 1 pt (edited )

ETH is still good

thanks where would be a good place to buy BC/ETH from?

kinda worried about buying via a place that gets hacked at some point, I just want to hold for 10 years

[–] • 0 pt

the easiest in the US is probably coinbase. Alternatively, if you have one set up, you could use a legacy brokerage and buy an ETF temporarily, and then convert for long term at your leisure. Some people do this with the silver/gold etfs when the spot price deviates hugely from physical price with the expectation of it reconverting, but also to "lock in" a price.

with crypto you should not keep it on an exchange long term. you purchase it, and then when you are done trading you move it to your wallet that you control. There are many wallets and you will just have to do research to find what is best for you.

[–] • 0 pt

ah, looks like I have some reading to do 🙂
thanks for the pointers

[–] • 2 pts

Utility coins already starting to bounce back. I guess people like that they actually provide a service and compensate people for their contribution.

[–] • 1 pt (edited )

I hate to be the bearer of bad news, but I feel I have to warn you... I have a strange feeling crypto is going to be tied into the mark and with one quick biotech enhancement will be unavailable to those who refuse the "enhancement"...

https://archive.ph/NSwnQ Patent number #060606 by Microsoft/Bill Gates approved 2020 https://patents.google.com/patent/WO2020060606A1/en

I would suggest spending it before they do what I suspect... get some survival/camping gear, some ammo... and be ready to bug out or hit the warpath if the "fatal wound" comes to your area... And use smart devices as little as you can... I am sure I am not wrong on this... a lot of things are going to be taken away, not just rights, property {state owned}, even freedom...

[–] [deleted] • 1 pt

fascinating. Thanks for making me aware of this

[–] • 0 pt (edited )

crypto is going to be tied into the vaccine

that's not what those patents say, it's the idea of replacing 'crypto mining' with logging actual physical/mental activity, basically thinking ahead to working outside of a 9-5 performance metric environment

honestly, if they wanted to inject you with whatever, they would just buy a doughnut factory and have it all done by Tuesday

[–] • 0 pt (edited )

The vaccine is IMO is just a method to depopulate slowly thought higher death rate and sterilization it is not the mark yet... It first has to be tied into the financial and a worship/idol type system, only then will it become the mark... This is why I say those who took the vaccine still have a chance, until they break the first and second commandment... Cheak out the google patent and scroll down... e.g "magnetic resonance" " electroencephalography" do a web search but add "mind reading" to either of those terms... They will be able to tell if you're lying, know if something is making you angry, know if your starting to not believe them... This is deeper than just the vaccine this is not just a push towards changing the immune system to create a class of people reliant on "boosters" to live but a push towards cyber all forms of transhumanism are about to be unleashed I suspect... "Near-infrared spectroscopy" or NiS can monitor your bio's to help keep you alive... "Mining Crypto" is the narrative total control with a dead switch is the real goal...

https://www.mind-expanding-techniques.net/human-mind/brain-mri/

[–] • 0 pt

The vaccine is IMO is just a method to depopulate slowly thought higher death rate and sterilization

Then why have you dismissed the doughnut-death-chemical-factory as a vastly more efficient and cost effective way to do exactly the same thing?

An idea is always tinfoil if it requires more than one person to keep quiet, is a billion times more expensive than an alternative, and isn't already explained by diversity hire incompetence/corruption/laziness

[–] • 0 pt

Look, crypto "value" is the result of a network infrastructure + computers working as intended

If the world is going banana republic.... there will be no network and no computers

Tell me, you show me some usb memory stick and say that that has any value ?

[–] • 0 pt

Yes and dollars will just become paper. A lot of us are satisfied with what we have and need to store value in some other way then material objects that can be inefficient to move or store.

[–] • 0 pt

We will see how it goes

Have fun

[–] • 0 pt

If someone wants to buy it, it has value. That's the definition of value. Right now people want to buy it. Even if nobody wants to buy it tomorrow doesn't mean it doesn't have value today. Aluminum used to be worth more than gold. Values change.

[–] • 0 pt

Yes, exactly.... value change

Have a nice day