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Who will be the crypto bag-holders?
Posted on 5/5/21 at 9:38 am
Posted on 5/5/21 at 9:38 am
We all know the government will step in at some point but the question is when?
Are they going to allow the banks to drive the price up before the coordinated effort to drop the bomb?
Are they going to allow the banks to drive the price up before the coordinated effort to drop the bomb?
13
Posted on 5/5/21 at 9:40 am to boogiewoogie1978
quote:ngmi
boogiewoogie1978
Posted on 5/5/21 at 9:48 am to boogiewoogie1978
quote:
We all know the government will step in at some point but the question is when?
and do what? you realize crypto is global right? you think every country in the world is going to ban it
Do you know what TOR is? or Tails? if not stfu quote:
allow the banks to drive the price up
WTF are you talking about? You think banks have something to do with crypto??
you sound liek the same idiots from 13/14 and the same idiots in 17/18.
Crypto will have a halving cycle prolly starting in sept and then be in a bear market until 2024.
if an etf gets approved...that changes things.
Posted on 5/5/21 at 9:53 am to boogiewoogie1978
There are too many different cryptos to accurately answer your question. Dogecoin? Sure, many bagholders after Saturday. Bitcoin, not likely
Posted on 5/5/21 at 9:57 am to boogiewoogie1978
I have far more faith in crypto at this point in time than I do the American dollar.
But yes there will be a major correction in crypto prices.
But long term, crypto is a win for individual liberty.
But yes there will be a major correction in crypto prices.
But long term, crypto is a win for individual liberty.
Posted on 5/5/21 at 9:57 am to boogiewoogie1978
So easy to find the jealous dumb muthafrickers. Just get some clown
Posted on 5/5/21 at 9:58 am to rocket31
quote:
rocket31
as expected, first comment, it's like he has a internal sense of the money board that a crypto thread started
Posted on 5/5/21 at 10:05 am to DVinBR
this is only board i post on generally speaking and im unemployed. sry baw
Posted on 5/5/21 at 10:12 am to DVinBR
Need to start a crypto board... it’s not money after all.
Posted on 5/5/21 at 10:12 am to boogiewoogie1978
I know a guy that put like 200k in Doge a few days ago. I've been calling it stupid for 6 months now, but maybe I'm the stupid one. Time will tell.
Posted on 5/5/21 at 10:29 am to boogiewoogie1978
Specifically which coins are you asking about? You say "crypto" but that is a massively vast ocean of different coins and purposes.
Posted on 5/5/21 at 10:30 am to boogiewoogie1978
Neat, opinions about something OP doesn’t know anything about.
Posted on 5/5/21 at 10:42 am to boogiewoogie1978
quote:
you realize crypto is global right
this
It is helpful to understand what is happening globally because crypto is 24/7/365 and does not go to sleep. Any major move by the US would definitely move the market and could screw over lot of people short-term, but it would go on.
Posted on 5/5/21 at 1:02 pm to lsu777
quote:
WTF are you talking about? You think banks have something to do with crypto??
Banks/hedge funds start to invest big money. Price goes up and people continue to buy due to trends.
Banks/hedge funds target a coordinated date to get out. Price drops dramatically and panic ensues. People start to sell and big daddy government closes the door.
Posted on 5/5/21 at 1:05 pm to civilag08
quote:
you realize crypto is global right
Trade is global. Does the US have any influence over that?
Posted on 5/5/21 at 1:37 pm to boogiewoogie1978
quote:
We all know the government will step in at some point but the question is when?
and what do you think they can do or are capable of doing?
Banning holding it or transacting with it is impossible and akin to banning the internet as more people move to cold wallets
Banning or heavily taxing exchanges will just lead people to decentralized exchanges like Uniswap.
If people don’t want people flocking to alternative asset classes, might be time to have monetary and fiscal policies that don’t force people to look for superior assets.
This post was edited on 5/5/21 at 1:50 pm
Posted on 5/5/21 at 1:42 pm to boogiewoogie1978
I feel like a lot of people are jealous they didn’t get in earlier on the crypto play and now are just hoping it crashes to prove themselves correct. They continue to miss out on pretty massive gains, though.
Posted on 5/5/21 at 1:45 pm to boogiewoogie1978
huh?
you dont know what you are talking about do you?
you dont know what you are talking about do you?
Posted on 5/5/21 at 1:47 pm to go ta hell ole miss
quote:Well what makes them look even more stupid is a continued reluctance to invest, IE: you can still invest in BTC, BNB, or ETH today!
I feel like a lot of people are jealous they didn’t get in earlier on the crypto play and now are just hoping it crashes to prove themselves correct. They continue to miss out on pretty massive gains, though.
Posted on 5/5/21 at 1:47 pm to go ta hell ole miss
quote:
I feel like a lot of people are jealous they didn’t get in earlier on the crypto play and now are just hoping it crashes to prove themselves correct. They continue to miss out on pretty massive gains, though.
The fact that people like this still exist just goes to show how early everyone in the crypto space really is in the grand scheme of things
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