Lol, you got a nice trust decoration for not following the maxi well herd
I saw that, haha. Too bad cause I like Gmax, Luke, Blue hair dude and the core crew. I was gonna even hire them in any position they wanted once btc self destructed into the iceberg of reality. All the rats are on-board and the Titanic is nearly ready For the main event. I’m speculating we’ll see a spectacular boom to $50k+ This year then sudden utter destruction and the
rise of the PhoenIX.
How will a (current) merge-mined coin be able to stand on its own?
Economics and (self-) regulation will kill most of them
This, which should start this year. And I do I also believe widespread 51 attacks. That’s when network security will finally become evident as a true main feature which 99% of the coins do NOT have. We should see a sudden overnight flight to safety.
Vlad,do you seriously think people who have millions of dollars worth of BTC and other coins will actually buy another altcoin (especially an altcoin like IXC that cannot be bought due to zero liquidity) if BTC somehow implodes?
The only place they will run are to whatever fiat/stable coin is available or some form of assets,bonds or shares or whatever I would imagine.
I was expecting a global currency and economic collapse years ago. I even expected a “Chinese virus” to accelerate the destruction of fiat and accelerate the crypto programme.
That said, we’re talking trillion of dollars on a global scale looking for a safe haven and diversification.
And I do expect or feel ixc will its white swan moment, or white knight, if you will. Either way, it should be very clear by now that the war on cash is accelerating rapidly and the few secure coins with real projects that are legitimate and can meet imminent regulations will increase in price more than any coins has thus far, and will do so in a very very short time frame. Think weeks if not days.
My only real surprise is that it took so long - and that I’m not laughing at the beginning of what appears to be the mad max chaos I was expecting. Maybe there’s a delayed effect inkoming soon. :/
And like I said, at a few pennies, how can one possibly have any regrets by investing just a few hundred dollars?
Lol, you got a nice trust decoration for not following the maxi well herd
I saw that, haha. Too bad cause I like Gmax, Luke, Blue hair dude and the core crew. I was gonna even hire them in any position they wanted once btc self destructed into the iceberg of reality. All the rats are on-board and the Titanic is nearly ready For the main event. I’m speculating we’ll see a spectacular boom to $50k+ This year then sudden utter destruction and the
rise of the PhoenIX.
How will a (current) merge-mined coin be able to stand on its own?
Economics and (self-) regulation will kill most of them
This, which should start this year. And I do I also believe widespread 51 attacks. That’s when network security will finally become evident as a true main feature which 99% of the coins do NOT have. We should see a sudden overnight flight to safety.
Oh - I agree it will start ( has already, but not much recogned) - except the 51 attacks. But who you think will 'attack' at that size of business and risk to get sues for such ?
and where is the real safety? Gold again ?
I don’t think you can sue given a 51 attack given its part of the bitcoin/crypto protocol and that if/when it happens I expect it will be a global hit. Attack pools with naturally form with miners from all over the world so who are you gonna sue? And since the WARNING of such potential attacks have been made known to everyone in crypto for at least 3 years now, who is really to blame if you don’t secure your coin? BCH, BSV, BTX, and a few others have prepared. I haven’t seen btc prepare - too much bureaucracy and first mover arrogance and diseconomies of scale have blinded them. Bitcoin whales gonna get REKT - I do find some satisfaction in that given they’re the most arrogant, greedy and selfish.
I’ve tried to add safeguards against an attack for ixc but no money for a coder. I’m hoping a 4 penny coin with no volume will be ignored as the global mob attack the big money coins.
Should get really intense and exciting soon. Titanic and its rats are going down. Lol
Oh, regarding gold and silver - yeah, great safe haven and should go up immensely but nothing compared to the right few coins.
The problem with metals is storage and movement. How much can you carry if you gotta run? You think you’re gonna take one single gold coin out of the US? Haha. I went over this ~6 years ago.
So depending on how rich you are I’d say invest in multiple assets and on different continents cause you have no idea where the worst of hell will break out. My guess is the US and Western Europe will see the worst of it. Forced in-home military invasion [“legal” of course]. Gun, cash and precious metal confiscations.
I’ve Been warning everyone for 7 years but I doubt 5 people listened. Now the borders are closed (like expected as well) so just do your best to invest in crypto and whatever else you can afford and try to move to a remote area as opposed to a rich crowded neighborhood.
Ever seen those purge movies? Like that only worse.
Grayscale Bitcoin Trust now owns 381k BTC, having bought 8,000 btc just in the last few days.
Throw in the accumulation and liquidity of bitcoin futures and options and I really find it hard to believe BTC isn’t about to go on a mother of all monster runs to
at least $50k this summer. After that it gets confusing cause BTC is really inferior to several electronic payment systems - but my guess is that an “unexpected” negative event will cause it to crash and burn. Something like Iran or Lil Kim hoarding and/or dumping BTC leading to an immediate ban on BTC, cause miners to abandon BTC Chain leaving it open for a 51 attack with the chain frozen and your whale wallets evaporating - argh, the paper loss pain. For your safety.
Anyway, hurry up already, winter is coming and
WHO is gonna bring you know
WHAT by November.
You can and also buy directly via the GBTC trust - might be more liquid and easier if you have a stock/IRA/401k account. It’s ~$10 right now.
https://www.marketwatch.com/investing/stock/gbtc[moderator's note: consecutive posts merged]