Loading ...Crypto Craziness
I bought £50 worth each of Bitcoin, Litecoin and Etherium back in the Summer. I sold the Bitcoin at $18000 with a 600% profit giving me £330 on my original £50 investment. I felt it was a huge bubble and wanted to test the process of getting it back as ‘cash’ in my bank account. It all worked fine. I decided to let the total £100 Litecoin and Etherium investment continue. Litecoin gas gone up 101% today (at time of writing), 267% this week, 518% in the last month, and 9608% in the last year. THIS IS BATSHIT CRAZY. My £100 Is £1000 already. WTF is going on ???
The Central Bankers went too far.
They thought they were in control and impervious.
Cryptos collectively are one gigantic middle finger pointed back at them.
Well said Pedro Deleon !
The whole bankin industry is shitting in their pants for they eventually will loose their power.
As Andreas Antnopoulos said: Bitcoin provides an EXIT where there was none. The Bankers one day will accuse Bitcoin for taking the system down. However the financial system was toast before the upcoming of cryptocurrencies; Bitcoin is just a catalyst for the meltdown.
Still looks like some room to run, too! I never bought, and won’t now but it’s wild to watch. Like watching tech in 1999/2000 or Saskatchewan coal in 2008.
Bought some GBTC on the breakout this morning. Certainly we are in a bubble, but there are very few participating in it yet. I think the average Joe is still holding out. I think it still has room to run, but the crash that ends it will be doosey. Tulipmania indeed!
The only crypt coin I would consider is the ones that Spock will issue to finance Canamex exploration. I hope fully keeps us updated on this subject. ps. thanks in advance, Fully, for whatever update you provide.
That’s Ethereum I think only up 24% today, and 6676% in the last year.
Will do JSKaui
The Gold backed “token” proposed by Spock is NOT Ethereum..It is based on Etherium Blockchain technology
Canamex has partnered with a Block Chain Provider and has exclusive rights
Maybe i should buy some today that would certainly kill the rally.
I was reading on Catherine Austin Fitt’s site Solarie.com an interesting perspective. She is saying that if you notice, the white paper for Bitcoin came out 2 weeks after Lehman failed. Also, she is saying that the bankers still want to control the world through a one world currency – an electronic one. Namely, through a crypto currency. But they don’t have the smarts to make an electronic currency. But they do have a printing press, which they use to control the markets with unlimited money. (There’s only 21 trillion missing – I wonder where it went?). So if they dump enough money into these virtual currencies, the sheep will chase the price up, and all the brightest and smartest will figure out how to make all these electronic currencies work, since they’re worth so much money now. The bankers will then have their one world currency that they can force everyone to adopt and eliminate physical money. This way they can control everyone. Of course, no one really knows who Satoshi is – could it be the CIA? Hmmm – I wonder if there is a backdoor somewhere in Bitcoin that will allow the bankers to pull the plug on it or somehow bail out a mighty crash with their own virtual currency, thereby getting everyone under control. Interesting perspective. Purely speculation. But just remember to get out your money and play with the house money asap. Oh ya, and the other reason they wanted to run up the cryptos is to take the demand away from gold and silver, 2 tangible assets that the banks cannot print more of, and instead divert them into limited cryptos that have no value. Because if the demand you see in cryptos went into gold and silver, there would be a full blown gold rush (&silver) on right now. And the bankers know it. So these cryptos are just a side show for now. Caveat emptor.
Thanks Banamal
Catherine is a sharp and as tuned in as they get, She is likely on to something.
YOU JUST GOTTA FIGURE SOMETHING CRAZY IS GOING TO HAPPEN WITH BITCOIN
Banimal I would say there is most definitely a backdoor IMO. Why would the powers at be want to damper this frenzie of all the “Gray Market” money outside the system outbidding itself to become part of an encrypted ledger? This is brilliant if the powers at be are actually behind the Crypto’s. The “Man” used to open money exchange/transfer businesses to get information on money movement now it can be watched on a computer screen at lightning speed. Stunning lol….. China banned only “New” ICO’s. Why just the new ones?
Northstar, which wallet are you using?