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Official BGOL Crypto Currency Thread ★★★★★

jasonblacc said:
Good shit

Should’ve followed your advice earlier
Click to expand...
The Truth
pierce%2BESPN.png

$2.5M

 
Fellas, I picked up EMAX before the surge, I thought i was sitting on 10k from only putting in 30 bucks. in the end i had the old contract. and not the new contract address because the EMAX developers flipped the script on it and made the address change after the face.

Remember, if you cant swap it and get it out, its worthless.
 
Trunks4191 said:
Fellas, I picked up EMAX before the surge, I thought i was sitting on 10k from only putting in 30 bucks. in the end i had the old contract. and not the new contract address because the EMAX developers flipped the script on it and made the address change after the face.

Remember, if you cant swap it and get it out, its worthless.
Click to expand...

damn that mustve been some little emotional roller coaster you were on....

hey its all good you live an learn.. thanks for the tip...
 
Double my investment in Doge and got out might put some back in just to let it ride it's at .38 right now
 
In case y'all weren't aware, this brotha Reggie Middleton claimed to have invented DEFI and smart contracts in 2013 under a slightly different name. His innovation was patented but was barred SEC. He has been in a lawsuit for almost 10 years and is finally making progress. Check his resume, he is one of the greatest investors of the modern generation. He made a killing shorting Bear Stearns and Lehmans. Michael Burry wasn't the only genius who spotted the liquidity crisis in the markets.



 
BITCOIN MANIPULATION 2021 - Textbook Wyckoff Distribution Exposed!





APOPHIS said:
In case y'all weren't aware, this brotha Reggie Middleton claimed to have invented DEFI and smart contracts in 2013 under a slightly different name. His innovation was patented but was barred SEC. He has been in a lawsuit for almost 10 years and is finally making progress. Check his resume, he is one of the greatest investors of the modern generation. He made a killing shorting Bear Stearns and Lehmans. Michael Burry wasn't the only genius who spotted the liquidity crisis in the markets.



Click to expand...


Wasn't Reggie one of cofounder of Veritaseum
 
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Money Machine said:
Walt, you never answered my question. Its the same question I asked since last week. All you have is insults. I wanted to know why you said sell before the surge? Its a reasonable question.
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You're a liar. Didn't you say "it's going crazy right now"? And I told you to sell after that. That would be selling after a surge. I'm almost certain now that you held those coins through that dump.
 
RoomService said:
BITCOIN MANIPULATION 2021 - Textbook Wyckoff Distribution Exposed!







Wasn't Reggie one of cofounder of Veritaseum
Click to expand...



Yes, he was.
The SEC forced him to step away from the project on some BS charges.
He supports the token, but it is now being lead by another group.
It has dropped tremendously without his support and the lawsuit.
 
havelcok said:
high concentration of coins in few hands makes it
Vulnerable to large swings in price.
It’s not true believers that hold the coins
It’s traders and as you have seen during this last year
As inflation fears were rising, Bitcoin was being dumped.

this was the first time it had actually been tested
As inflation had been low for years
The one year we had fear of increasing rates
It dumped.

if it was a true hedge, we should be at all time highs right now
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A shitcoin like DOGE does suffer from a high concentration of coins in few hands which is why I would never suggest it to anyone.

Bitcoin does not have this problem... There are tons of stories of people who spent tens, hundreds, thousands of Bitcoin early on that helped ensure wide distribution.

All assets and commodities are vulnerable to large swings in price. Digital assets are just more prone to them now due to their liquidity levels. The more liquidity, the less violent the swings.

Most shitcoins are not held by true believers (especially ones launched in the last two years), that's not the case with Bitcoin.
The on chain data shows that long term HODLers are accumulating while newbies are panic selling. Which one are you???:idea:

Traders just swing the price and pay with leverage liquidation when they are wrong. That is what we have seen during this last year while OG's are accumulating on the dips.

It was not "inflation fears" that caused Bitcoin Bitcoin to be dumped it was ignorance.

:cmonson:Who sells an asset with limited supply for one where the supply is never ending?
IDIOTS!!! Don't fall for the fake out...

The true test of the value of Bitcoin has not happened yet. Inflation has been masked by currency creation and cheap imports.

Inflation has not been low for years. The true inflation rate has been covered up for decades by hedonic adjustments to the Consumer Price Index.

Have home prices gone down since 2008? :smh:
How about the price of prime beef? :smh:
How about health insurance? :smh:
How about school tuition? :smh:

All of these items have been removed from CPI...

Don't be fooled by economist tricks of trade...

The only people who fear increasing interest rates are those that don't look at government and corporate balance sheets.

If the Fed raises rates it will be cutting it's own neck :itsawrap:because the interest burden would crush the US economy and push the dollar into oblivion...
If Bitcoin has really dumped, why is it currently up 228.44% over this time last year??? :idea:(when in (FU)doubt zoom out...)


Bitcoin is a true hedge. Most of the time it will either be more expensive than it should be or cheaper than it should be.
Bitcoin spends very little time fairly priced but it will even out over time.

One's job as an investor (note I did not type trader) is to recognize value. So, US dollar price goes up, buy less. US dollar price goes down, back up the truck and buy as much as you can.

In the end the US dollar price really doesn't matter, just haw many Sats one was able to stack.

:laptop:DYOR and stay away from US dollar denominated FUD...:beatyourass: Don't get caught up in price swing bullshit with Bitcoin.

:cheers:
 

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