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Official BGOL Crypto Currency Thread ★★★★★

gene cisco said:
Love this shit. Just proves all of us 'tin foil hat' folks right. Not your keys, not your coins. Folks have to learn the hard way. None of this shit is surprising.

Shit isn't surprising though. Big ass wealth transfer in 2020. Fucking meme stock bullshit followed by bitch ass Elon helping usher in meme coin crypto fuckery. Combine that with a completely fucked macro picture. This is what we get.

Folks that moved into cash win. And the elites been moved into cash while meme diamond handers propped shit up with dip buying bragging about it on reddit. :smh: What could go wrong with regular people thinking making money was this easy?

Macro picture is so fucked it's scary. As you know, most creatures just sleep. MSM got them worried about other shit. When the do mention markets and the economy, they fucking lie. Whales and those of us peasants hip to the macro picture are the only ones with cash to survive and play this shit. Market shitting the bed because of 'fears of drastic' rate hike. :lol: No shit. Really? You don't say?

Do you think the Fed can stop in September? I don't. Pump fakes ain't working. My feelings on that might change by September, but currently, hell no they can't stop. And that means more pain.

By the time the smoke clears, all the diamond hand, meme stock/coiners brought in during 20-21 will have some of the most severe PTSD ever. The elite and greedy whales ain't losing control of shit. Sadly, they will gain more because this shit is brutal and the pink slips haven't even started flying like that.
Click to expand...


Despite these actions, most folks will continue using these platforms because they make transacting crypto very easy.
Humans like convenience and simplicity.
 
gene cisco said:
Love this shit. Just proves all of us 'tin foil hat' folks right. Not your keys, not your coins. Folks have to learn the hard way. None of this shit is surprising.

Shit isn't surprising though. Big ass wealth transfer in 2020. Fucking meme stock bullshit followed by bitch ass Elon helping usher in meme coin crypto fuckery. Combine that with a completely fucked macro picture. This is what we get.

Folks that moved into cash win. And the elites been moved into cash while meme diamond handers propped shit up with dip buying bragging about it on reddit. :smh: What could go wrong with regular people thinking making money was this easy?

Macro picture is so fucked it's scary. As you know, most creatures just sleep. MSM got them worried about other shit. When the do mention markets and the economy, they fucking lie. Whales and those of us peasants hip to the macro picture are the only ones with cash to survive and play this shit. Market shitting the bed because of 'fears of drastic' rate hike. :lol: No shit. Really? You don't say?

Do you think the Fed can stop in September? I don't. Pump fakes ain't working. My feelings on that might change by September, but currently, hell no they can't stop. And that means more pain.

By the time the smoke clears, all the diamond hand, meme stock/coiners brought in during 20-21 will have some of the most severe PTSD ever. The elite and greedy whales ain't losing control of shit. Sadly, they will gain more because this shit is brutal and the pink slips haven't even started flying like that.
Click to expand...
I haven’t sold shit (outside of equities that have gone supernova or parabolic). I knew this was going to happen and have prepared. if I’m wrong, I’m still in a better position than before. If I’m right, my descendants might have 99 problems but wealth won’t ever be one.
 
Mrfreddygoodbud said:
well you have all kinds of whales bruh, some whales you WANT to succeed...and are great for the crypto community

in the longrun....

some whales are cancers and need to be stopped...
Click to expand...
Oh, no doubt when we are talking strictly crypto. Naturally, we want to see the whales succeed who want to really advance the space(along with their pockets of course). We just can't divorce crypto from the elite whales in established places.

Crazy that the coming times are going to create new crypto whales. Even if folks didn't move into cash, those who are getting overtime now, picking up second gigs, and hustling to get hands on as much cash as they can or going to come the fuck up.
 
gene cisco said:
Oh, no doubt when we are talking strictly crypto. Naturally, we want to see the whales succeed who want to really advance the space(along with their pockets of course). We just can't divorce crypto from the elite whales in established places.

Crazy that the coming times are going to create new crypto whales. Even if folks didn't move into cash, those who are getting overtime now, picking up second gigs, and hustling to get hands on as much cash as they can or going to come the fuck up.
Click to expand...

Hell yea they aint stupid, and you talkin bout the third wave, the first and second wave

of second gig crypto hustlers already got paid, moved to warmer climates and told their

gigs to kiss their asses....

Hey isnt xrp expected to win its case? and the SEC although successful in placing their monkey wrench

in XRP/ripples progress, looked real stupid going after them??

the crazy shit is, those muthafuckas dont play by any rules, their whole game is just

to keep US regulated!
 
mrcmd187 said:
Kats need to seriously get educated and do real research before getting in the Crypto Currency game, greed has replaced caution and common sense with those who got scammed or lost the their life savings on a gamble they truly didn't understand from jump. Other thing there are way to many crypto currencies out there now some relying on other crypto currencies just to stay afloat.
Click to expand...
I think Celsius is done

 
tpotda said:
is voyager safe to move holdings into?
Click to expand...
Looks like this might be a real shaky week so it can go either way, can’t stress this point enough don’t play with money you can’t afford to lose when gambling with crypto.
 
RoomService said:
I think Celsius is done

Click to expand...


direct attack to push for more regulation aka bank control

aka silent war on defi and staking...

people sleeping but what that arrogant fuck Kwan do did with Luna

remix it into 2.o and force paper hands to be diamond hands for four years,

giving luna more than enough time to recover... Time will tell but right now,

that move provided some serious shelter for Luna 2.0 and its holders..

lunac is far from done, simply because its community is that strong and dedicated to

stickin it back to kwon.. and a strong community is the foundation of any successful coin,

right now tho. there is a whole lot of fuckery going on, and a lot of it has to do with stopping

STAKING and its real apy's and getting wall streets tentacles further into

the crypto community, you just watch how all this shit,

just get mixed into extra regulation that nobody wants, but all the paid shills

and agents are going to come out the woodwork begging for it...

I dont know what celsius game plan is, but if they are just going to sit back and let shit

play out then they mustve been in on it all along!!
 
mrcmd187 said:
Can’t understand why he was buying more at the high price but less at the low price that’s just throwing money away.
Click to expand...

bruh the MOVES he was making was giving the international central bankster migraines bruh,

He wasnt just looking out for his country but for many others, the central bank depends on

to keep their tentacles in every hardworking persons pocket.

Yea I bet tryin to tank bitcoin has a lot to do with putting a monkey wrench in his progress..

The question is for how long tho...???

they know its all bullshit tho, I just got a notification saying Binance is still "EXPANDING HIRING" despite

market crash.. unless it lawyers, then they know this is just a storm and no storm last forever..
 
ugk said:
DAMN

Click to expand...

And that was from when BTC was 30k, not 23k.

They want to treat El Salvador like the rest of us. Straight break them. Can El Salvador withstand a brutal crypto winter the likes of which we have never seen? We're about to find out. We will see if they come out about buy 1000 of them things if Bitcoin breaks below 20k.
 
mrcmd187 said:
Kats need to seriously get educated and do real research before getting in the Crypto Currency game, greed has replaced caution and common sense with those who got scammed or lost the their life savings on a gamble they truly didn't understand from jump. Other thing there are way to many crypto currencies out there now some relying on other crypto currencies just to stay afloat.
Click to expand...

Hey remember too.. a lot of folks were listening to those fuckin paid shill youtube cheerleaders,

without checkin out if they are legit or for hired whores... Its ok to be a sponsor, but to violently push a crypto,

like its the best thing since the coming of Christ when your whole intentions were to pump and dump it...

The crypto world needs a douche tho, just an organic one, not this wallstreet push for

regulation fuckery!!

and Wall Street Regulation means.. Make sure too many middle class muthafuckas dont join

our ranks... dont care if they vote red or blue...

wallstreet is currently ran by folks who HATE new money,

thats going to change in a few years.. like after warren buffet

croaks...
 
WHOEVER is not grabbing projects that they like in this market is a FOOL
I'm like this right now.....prices won't last forever
giphy.gif
 
Chuck_Luck said:
Should I be worried about my coins on coinbase.

I hear Celsius talk
Click to expand...

bruh for like the billionth time my good fella,

If you can afford to get a hardware wallet, do so immediately,

in fact you should have at least two....

Unless you are buying and selling...or got your funds locked up,

I would definetly move it to a wallet off an exchange..

right now you really tryin to get as much control of you funds as you can,

Personally I aint bet the baby and the years mortgage, So I can just let shit

play out, if the lil bag vanishes into thin air lesson learnt..

If it blows up into many bags, lesson learnt....

but if you need money in the next few months for whatever reason,

I would definitely move em off exchanges, especially coinbase...
 
BITCOIN ›AnalysisSaving in Bitcoin 73% more profitable over last 5 years versus S&P500
Even after the recent price dump, Bitcoin is still 73% more profitable as a savings mechanism than the next best asset, the S&P500.

Even though it fell to its 18-month lowest, Bitcoin (BTC) is still at least 73% more profitable than major investment products like S&P 500, gold, Dow Jones, and PIMCO active bond ETF, according to Saifedean Ammous, author of The Bitcoin Standard.

Ammous posted a simple calculation on social media which assumes an individual has saved $100 monthly over the last five years. If they had invested that amount in Bitcoin, the investment would amount to $29,212 today.


cryptoslate.com

Saving in Bitcoin 73% more profitable over last 5 years versus S&P500

Even after the recent price dump, Bitcoin is still 73% more profitable as a savings mechanism than the next best asset, the S&P500.
cryptoslate.com cryptoslate.com
 

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