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02:24 PM
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30%-40% crypto drops are normal
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 80313195:MV80NzkxNjkzXzg3Mzg0OTU3XzNBRTlBOEM4] [quote:Anonymous Coward 79423050:MV80NzkxNjkzXzg3Mzg0NjgzXzgzNzY1NUEx] [quote:Nyblazer:MV80NzkxNjkzXzg3Mzg0NTcxX0U4QTY5NjFC] Exactly and that’s my whole problem with crypto. I’ve yet to see anyone really explain what exactly it could ever offer that traditional fiat money can’t. What could Bitcoin ever do substantially better than fiat cash? Digital transfers? Basically 90% of shit we pay for via fiat is already done digitally via credit and debit. It can’t be manipulated is the other argument? Well clearly it can lol. [/quote] BTC is the ultimate HARD MONEY store of value. It is not transactional. Use Litecoin or something for buying your Starbucks. BTC is HARDER MONEY THAN GOLD, because it has ABSOLUTE SCARCITY, where gold does not (and there may well be far more gold above ground than we are led to believe.) It is also permissionless and peer-to-peer. No skeevy middlemen "wetting their beaks." Just listen to a few Michael Saylor or Max Keiser videos, and you'll get it. Or not. :drevil: [/quote] Of course it has scarcity. It doens't actually exist. I have an imaginary collection of baseball cards? My top card is a bargain price right now at 10000000, but I know it will double by the end of the year. Other people think so too. I will give you a special offer today and today only. it could be yours for only 9999999. Don't miss this opportunity of a lifetime! [/quote]
Original Message
Right?
At least that’s what they have been pumping. Hold guys! Just hold we lost 40% before, it always goes back up!
Of course they’ve been telling you that. The real insiders making money off of this have successfully coined and conditioned this thinking among the stupid general public.
Enabling them to make money closing out positions over time. They couldn’t have the whole pyramid break all at once. That’s not effective. They need to bleed it out gradually and profit off of those HoLD iTs GoiNG to Da MoOn boys and girls
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