I see twitfags talking about China-US weekly stuff, it will have a big impact on bitcoin and alts, and might even start alt season. Ofcourse I’ll not immeaditely believe twitfags, so I’m asking bizfags.
What does Jow Forums think? And if this shit really ignites alt season — what should we be holding?
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I’ve already moved most to btc, only still holding onto some FTM and COTI.
BRAAAAAAAAAAAAPPPPPP
We are at the brink of war and you wan to buy alts, good lord by gold and silver dickhead
Fuck US, China number one
China just released info on its own cryptocurrency now.
You think gold and silver will hold up in a war? Kek rather put my money in bitcoin or eth
When those emp goes off
I am just holding and staking ETH longterm. I dont give a fuck what the rest does.
I am getting paid in xft its the xFutures platform token which will moon after its IEO in a few weeks. Don't say I didnt tell you. You also didnt want to believe my EGT calls. Oh wel...
>What does Jow Forums think?
OP is a brainlet faggot
It's least talked about part of the equation and its pretty much half of it. BTC is mostly mined in china and mostly bought by americans. Both currencies are 2 of the most common to exchange to and from BTC. Both countries are beginning to print massive amounts at the same time that BTC is going to cut supply in half. China is doing it to counter us tariffs. Republicans always spend massively, minus bush sr to some extent. Even if Bernie wins, he plans on raising min wage, free healthcare, free college. That has a huge effect on $ available for other things. Bernie has economists on tv preaching MMT for years now. I don't think he'll want to raise taxes, I think he'll go the BOJ and PBOC way and raise the debt level or devalue the currency. Everyone knows the $ is too strong anyway but our $ runs politics.
Alt season? BTC and ALT whales won't let alt season until BTC hits ATH and then some. They know that alts will bleed until BTC ATH fomos new $ in. Plus they know that their BTC will be worth more and buy exponentially more shit that is worth even less. There's a cycle to this market don't fight it.
Protip: BTC will only rise if the USD weakens
retard, were not trying to lose money
only temporary the grid would come back up eventually. People sent BTC over radio or ham radio or some shit
DXY is whicking down pretty hard right now.
The goal is to weaken it 2% a year. They have a system that does a decent job of protecting it but BTC is eroding it's use cases.
For the first time in history we have more $100 than $1 bills. But most burgers are in debt? $100 have value in a lot of places because their banks and lords can't stop printing money. Or they lose currency games they shouldn't play.
A $100 bill traditionally, has been a great way for wealthy to store $ when shit got real. Problem is everyone knows what a $100 bill looks like and they search for them. You have to keep them hidden, especially if you run and space is limited. BTC is a swiss bank account, reserve currency (yeah its fucking slow but countries will never trust shitcoins with a creator more than BTC), retirement or savings for poor fucks all around the globe. They always buy BTC, through bull and bear markets, because they have to DCA. No sane person will store their savings or retirement in an altcoin, its at best 2x riskier than BTC. If BTC falls so will most alts if not all immediately. Here you have BTC constantly drawing in new eyes every day. Most addresses have under $100 in BTC, read here today its 80%. Even if it's much less BTC is the safe bet compared to everything else alt, metals, stocks, bonds or fiat.
Just figure out when adoption stops or learn the halving cycle.
Everyone keeps talking shit about how BTC is the only thing to be holding but ultimately it wont really matter. The value of this stuff stems more from psychology than fundamentals. And psychology changes constantly. 2 months from now everyone will be saying hold BTC is dumb because alts started going up.
Imo BPRO is a safe bet now. It’s a good product, has real use cases, and you can bind your acc to a credit card. Still DYOR, spread your bets and don’t go all risk
During 2017, alts peak, BTC did a 20x. Most here will act like they caught a 100x that they knew would do that so they went all or mostly in but that'll be mostly lies. Most people fomo in late and miss the 10X. When an alt crashes it crashes harder too. So BTC is always the safer bet and if shit gets crazy and institutions do invest, they won't buy alts. They'll crunch the numbers and buy BTC for it's fundamentals and lack of ability to be dumped on by whales.
You act like BTC hasn't been king since jan 2018, almost 2 years now Alts have been losing satoshis but yuo act like alt season is 2 months from now.
Markets are cyclical and BTC mooning lets you buy more alts thats why alts will bleed into BTC until at least 2x ATH or passed BTC halving. Slow down nerds, you can't rush it
it's a decent altcoin because it's use case is an exchange coin. crypto buyers will buy after speculators increase the price of a platform. Companies usually won't. BPRO also acts as a liquidity provider between 8 big exchanges but why start with 10 billion, did they destroy half, why are they keeping the other 25% in that wallet?
Alts like this have a shot but the market is diluted so you have to do your homework
if i shilled this here it would be called chink shit but I still think it might be a smart buy. Exchanges with good tokenomics funnel the profits of BTC bull run into the coin
I know no cares to learn but here
medium.com
MITx has a shot in the coming alt run. These chinks already have amazing partners, and it’s market cap is also < 5M. Easy 10x imo
Altcoiners can never talk fundamentals. No actual numbers of real users, it's mostly speculators trading it like stocks. The dev teams usually hire personal market makers or trading houses wth most cryptos. Maybe BNB has great fundamentals. ETH, XMR, have decent ones but need to limit inflation because currencies don't usually get valuable. the more they change hands as currencies and held less as stores of values the harder it is for price to rise.
>MITx
partners and cheap aren't reasons to invest our money bro, shill harder.
>buy this shit because of partnerships and it's market cap is small.
This is the state of crypto investors. You're not an investor if you don't have a plan or specialize in something. you just buy what you think sounds cool. But If i shill anything airdropped im a fucking pajeet
this fucker gets it.
Institutions will only speculate on bitcoin for a multitude of reasons. fidelity custody is up and running, futures, bakkt and so on. Only alts on runs are ones with potential adoption in the immediate future. Rest are just PnDs for now.
the market is so young that people now are going feel like they started btc if they bought before 2020. BTC biggest problem is it's this new fucking crazy weird risky tech. We're just starting to figure out many use cases we never saw coming, networks are merge mining on BTC and atomic swapping to BTC. BTC is becoming the backbone of crypto.
Everyones biggest criticism of BTC, they're too slow to update on-chain. Meanwhile BTC is brilliant because Satoshi understood gold's steady inflation curve. It was Szabo but doesn't matter
god told me who satoshi was on DMT, yes I ask DMT about crypto and it thinks it's funny. Never heard of szabo before DMT
>Fuck US, China number one
Thanks for the appreciation, but China is still a shit hole.
yeah but for how long, they now have a bigger middle class than us.They print yuan and spend it on infrastructure, chinese corps (we do the same but less direct), and buying land, companies, politicians and resources in other countries. We're getting lapped and it's to preserve a silly fiat longer?
Think about it.
yep, the base layer ostensibly being the same except for bug fixes and minor improvements, is one of the biggest selling points to big banks.
They want to buy it as a commodity.
They don't want shit like ETH with a clear boss/leader, unknown issuance/inflation rate, and something which pivots its purpose every few months (world computer, new money, Dapp platform, SC platform, blah blah blah).
also, I'm not sure Szabo is Satoshi. I heard him on the Tim Ferris show in 2015 (episode with Naval Ravikant, worth a listen) where he's waxing lyrical about Ethereum.
Hold Coti if you like money as much as jews do. Otherwise, move along stupids cunts. ZION WILL RULE ALL
>China number one
PUBG xD
>When an alt crashes it crashes harder too. So BTC is always the safer bet and if shit gets crazy and institutions do invest, they won't buy alts. They'll crunch the numbers and buy BTC for it's fundamentals and lack of ability to be dumped on by whales.
If you think this you drank the fucking coolaid. BTC is not super special in terms of its security compared to most alts. Whales can and probably will dump the shit out of BTC just like any other fucking coin. We still have shit from fucking mtgox looming. Tether explosion. Or some monster wallet finally getting hacked open. Testing collisions vs wallets with the same keys will only continue to get worse. Satoshis fucking wallets are like a god damn mega time bomb of FUD.
Shut the fuck up about BTC being somehow perfect vs literally anything else. I hate this bullshit narrative being pushed about BTC being big daddy when it is still over shadowed by anyone who bought ETH under 100 USD.
If BTC starts to see 30 dollar transaction fees as well then you can bet your fucking ass the blocksize debate will come back again, its a fundamentally true argument that BTC cannot scale. So we might see investors use BTC for a bit but it will end up being the exact same fucking process. Its total fucking bullshit that
Cut the fucking bullshit about BTC being the safe bet when even DOGE COIN crushed BTC during the last bull run. Also I like how you mention that alts crash harder than BTC, that fact alone is irrelevant because your dumb ass was supposed to sell the shit in the first place. At least SOME coins have native stable coin assets you can DEX into without giving some China your government fucking ID.
The recent BTC narrative is mostly bullshit in hopes alt coin holders dump superior gains for your grampa shit coin.
>Its total fucking bullshit that
Investors wont look to alts, especially alts like Libra or Amazon coin, wall mart coin and god knows what else. Use cases mean that you will see people ignore BTC while they collect shitcoins through more organic means. The ability to earn money or gamble by actually doing shit counts to toward
>Altcoiners can never talk fundamentals.
wealth as well.
I'm your huckleberry.
BTC dominance is dropping from the low 70% to the high 60%. I'm all fucking in on COTI. They partnered with Chainlink. THIS IS THE NEW LINK
> What does Jow Forums think? And if this shit really ignites alt season — what should we be holding?
The moral of the story is that Bitcoin is a damn good asset. But fuck off to anyone who thinks its the best one in terms of ROI. Its got plenty of shit that can go wrong with it just like most of the top alts. Right now BTC is making headway. Alt season mostly happens after BTC makes big gains. And alts usually explode for much higher ROI than BTC long term. Smart traders tend to take advantage of both.
Try to hold alts that have actual dapps that can be used for stuff. Gaming and social media is an amazing place for crypto if it can get one killer dapp.
Alt season has already started. Everyone acts like it starts once the coins have already gone 20x.
you are a dumb faggot, your understanding of bitcoin is boomer tier. Go back to stocks.
>alts pump by 10-20% mostly for two days
>after dumping in sats since forever
ok then.
Expect bug prices to gradually rise as the Asian population explodes
>you are a dumb faggot, your understanding of bitcoin is boomer tier. Go back to stocks.
Ah yeah man, cant handle the fact that BTC has roughly similar risk to most alts? Life must be hard for you living in that kind of a bubble. I too would love to believe fairy tails like low risk cryptocurrency investments and unicorns. Its amazing to think that whales cannot effect the value of Bitcoin though! That sounds amazing like unicorns and rainbows!
Blockstream kneecapping its own coin in hopes to curtail competition in the banking sector. Alts like Libra coming into the picture with actual use cases. Proof of work being only good for a greater fools fallacy and cant run dapps. Nah nothing to see here folks. Grandpa coin is only going up forever and never getting crushed by alts like it did in 2017 again. History never repeats itself anons! THIS TIME ITS DIFFERENT!
Yeah and MY understanding is boomer tier though.
I want to taste your salty tears in 2 years
Fuck this china us stuff. Its pure manipulation of the market. People who fall for this should kill themselfes. China is buying stocks now and will make huge profit. Chynacoins are smart. Take a look at Bitcloud Pro. A very good platform and you will cry later on if you dont buy their token!!!!!!1
you also want to have sex with a living woman some day lelel
What about xFutures guys. I heard they do some ieos with good return? Anyone of you got in it?
I bought into Akro. It is working just you fuckin need to be fast enough and not one of those retards who join 10 minutes after start and say: Oh was i too late? It cant be true that 10 minutes after it is sold. It was fucking sold seconds after it :D xFutures will do big moves. Just give it time