True, but Crypto could buy some Ammo before it gets to that point!
$ Crypto 2021 Predictions -
- Thread starter REMEMBERMKULTRA
- Start date
20% DROP AFTER MIDNIGHT LMAO.
GET FUCKED.
GET FUCKED.
Things will be back to normal by this time next week.
How do you guys feel Elon Musk will effect crypto? I'm not being a Musk fanboy, but he fans crypto and Tesla invested a signifanct amount into it, which brings me to one big issue I have. Elon Musk is heavily invested in BTC. Elon Musk is also a guy who consistently fails to deliver and I'm guessing he pays off investors by getting other people to invest in some new bullshit product he fails to deliver, and uses their money to kick the can down the road.
If* the Musk empire went totally tits up, how badly would it effect crypto since he owns a good chunk of BTC, drove the value up and Tesla takes it as currency.
*More of a when imo. Hyperloop, SpaceX, he can't keep underdelivering forever. Now we have computer chips in our brain because there is no Mars mission or super fast train.
If* the Musk empire went totally tits up, how badly would it effect crypto since he owns a good chunk of BTC, drove the value up and Tesla takes it as currency.
*More of a when imo. Hyperloop, SpaceX, he can't keep underdelivering forever. Now we have computer chips in our brain because there is no Mars mission or super fast train.
Im holding onto ETH and my dark horse is EGLD. Theyre doing really awesome work, its a POS blockchain so you earn interest by staking, its transaction cost are literal pennies and only takes seconds, and theyre getting there DEX up and running soon and have alot more planned for just this year alone. They also have a small supply so hopefully demand for the coin increases. Definetly do some research on them if you havent.
ETH has a huge security technical debt (it's a lot more complex than cryptos that are btc clones), which means it's ripe for *another* exploit to rock that ship.
I think bitcoin will shit the bed hard because they chose lightning (LOL) over bigger blocks. I'm hoping BCH explodes after the next BTC fee crisis since it's basically original bitcoin but the big block route. BCH is now routinely handling 50% more transactions for <1 cent per tx on the daily than BTC. BTC is already halfway to the previous $50/tx ATH. WINNING!
There's money to be made everywhere this year, but who knows how crypto will do in 5-10 years. I think the hyperinflationary market collapse will cause panicked governments to do all kinds of desperate shit. Seizing gold, land, outlawing crypto, mandating troons, anyone's guess is as good as mine.
I think bitcoin will shit the bed hard because they chose lightning (LOL) over bigger blocks. I'm hoping BCH explodes after the next BTC fee crisis since it's basically original bitcoin but the big block route. BCH is now routinely handling 50% more transactions for <1 cent per tx on the daily than BTC. BTC is already halfway to the previous $50/tx ATH. WINNING!
There's money to be made everywhere this year, but who knows how crypto will do in 5-10 years. I think the hyperinflationary market collapse will cause panicked governments to do all kinds of desperate shit. Seizing gold, land, outlawing crypto, mandating troons, anyone's guess is as good as mine.
What government is going to do in the coming market crash is really the open question. The smart choice would be to adopt the blockchain. Hell, ETH could easily become an international standard with each countries currency becoming an independently traded Ethereum token. Like Coinbase' USDC. My outside bet is Ethereum could become the escape route. But this would require the central banks to give up enormous power to a distributed ledger of peasants.ETH has a huge security technical debt (it's a lot more complex than cryptos that are btc clones), which means it's ripe for *another* exploit to rock that ship.
I think bitcoin will shit the bed hard because they chose lightning (LOL) over bigger blocks. I'm hoping BCH explodes after the next BTC fee crisis since it's basically original bitcoin but the big block route. BCH is now routinely handling 50% more transactions for <1 cent per tx on the daily than BTC. BTC is already halfway to the previous $50/tx ATH. WINNING!
There's money to be made everywhere this year, but who knows how crypto will do in 5-10 years. I think the hyperinflationary market collapse will cause panicked governments to do all kinds of desperate shit. Seizing gold, land, outlawing crypto, mandating troons, anyone's guess is as good as mine.
Bitcoin cant do this because Bitcoin is owned by the Chinese Government. ETH however is still very international and the London Hard Fork is designed to, among other things, prevent state actors like China to dominate the blockchain with government owned super computers.
Most likely though they will try and just seize the assets to cover the enormous losses. It wont work though.
at some point in this decade, this currency will get shut down and made illegal by globalists worldwide and framed as a large scale scam (most coins are get rich quick schemes anyway that actually do arrest the ringleaders) and most of the holders will have nothing to show for it,
It's too late I think. The cat is out of the bag and trillions of dollars are now tied directly or indirectly to the crypto market. The powers that be cannot crackdown on it. If they went after BTC and ETH they would vaporize all that money and trigger a financial panic. Which would force a major sell off to cover losses as the banks have been treating crypto ownership as assets for loan grants for years now. If those banks cant find at least 2 trillion dollars to cover the sudden asset collapse they will become insolvent that very second.
Nope. Not going to happen. No matter how much certain government officials would desperately wish it could.
Vapid_Idiot
kiwifarms.net
Lmao fed printed trillions out of thin air. You think they won't crack down on crypto to control the money supply?
There will be zero crash from banking sector. Just the crypto world. Trillion is nothing in the global scheme of things if it is not leveraged and financed by the big banks themselves.
Exceptional individualist
kiwifarms.net
Doge coin is a meme, there isn’t even an upper limit on how many can be printed.
All the Redditors telling each other to buy it are buying tulips and pretty soon they’re gonna realise there are no bigger idiots
I don’t know why musk is pushing it but where it’s for memes or malice it has the same effect.
All the Redditors telling each other to buy it are buying tulips and pretty soon they’re gonna realise there are no bigger idiots
I don’t know why musk is pushing it but where it’s for memes or malice it has the same effect.
He’s shilling doge coin so r.biz or whatever it’s called well buy that and not Bitcoin, pushing the price down for him
Musk learned from Trump how to use Twitter as a distraction. He can shitpost all day on Twitter about Dogecoin and it diverts away from Tesla's technical issues and the Chinese government starting to sour on him.
Bitcoin hits $49000.
Time of reckoning has come.
Etherum has also lost the steam.
We are about to witness another crash of 2017.
Time of reckoning has come.
Etherum has also lost the steam.
We are about to witness another crash of 2017.
He's not. Compare Tesla revenue and their BTC investments. Same goes for other institutions: "OMG HEDGIES ARE POURING BILLIONS INTO BTC" - in reality, those billions are just 1% of their portfolios.
Its never felt so good to be so right. I've never made this much money in my entire life. Thank you based money skelly.
$doge $0.01 eoy #getrekt #dogebearmillionaire
crapstream
kiwifarms.net
My predictions for EOY
BTC $120k
ETH $17k
DOGE $0.1
LTC $1.7k
XMR $3k
XRP $5
BCH $12k
Thank you Robinhood for allow noobs to play the crypto gamling game.
No exchange hack can fud this market, we are going up, feels like 2012.
BTC $120k
ETH $17k
DOGE $0.1
LTC $1.7k
XMR $3k
XRP $5
BCH $12k
Thank you Robinhood for allow noobs to play the crypto gamling game.
No exchange hack can fud this market, we are going up, feels like 2012.
