crypto as we know it may be different soon

Cewgg

Cewgg

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Let's talk about future of crypto. As we all know it is trending down, we're in recession and crypto is no exception, ftx shitstorm doesn't help either.

it will go back up next bull run, but I am worried about likely upcoming new regulations in crypto. I know all these arguments crypto is decentralized blah blah blah it is impossible to control it blah blah blah but the reality is that if it is made highly illegal to posses crypto or run a node, it is over, no one will risk it, especially average crypto joe

Why I have a feeling that those in power know that exactly, the money being decentralized goes against their agenda and takes power from the banks, so I guess we'll see bank owned digital dollar pretty soon, and let me tell you by that time, it is fucking over if you care about your privacy, they will push that pretty hard over time and it will become new normal, just like they pushed covid pass and masks

Truth be told, imo we're fucked either way, and all now is left is just to sit back and watch this unfold in real time. Thoughts?
 
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I don't have any feeling crypto will rise to the height it was in 2020-2021 :(
 
wm2222 said:
Go sell your house and buy BTC at this fucking cheap price . It's the last opportunity to buy bitcoin this cheap!
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I agree. It will make good sense and this is a one time opportunity not be missed, by selling one's house right now and invest it all in Bitcoin. Meantime live in the car. Bitcoin will easily 1000x in a few months, then buy a mansion in Beverly Hills and a Lamborghini car and millions of US Dollars in the bank or rather in the crypto wallet.
 
wm2222 said:
Go sell your house and buy BTC at this fucking cheap price . It's the last opportunity to buy bitcoin this cheap!
Click to expand...
it's not yet the time to buy, but there will be time for that, and like always those who take this kind of risk buying while everyone else is pissing their pants will laugh all the way to the bank on the next bull run, this is what happened in covid crash, while everyone else was shitting their pants some were able to get in at 4k/coin, and I am not even talking about those who saw the opportunity of eth, which still has crazy potential and will make many X for those who are patient
 
Trust WorkShop said:
I agree. It will make good sense and this is a one time opportunity not be missed, by selling one's house right now and invest it all in Bitcoin. Meantime live in the car. Bitcoin will easily 1000x in a few months, then buy a mansion in Beverly Hills and a Lamborghini car and millions of US Dollars in the bank or rather in the crypto wallet.
Click to expand...
I would sell the car as well to buy more bitcoin at this fucking cheap motherfucking price
 
wm2222 said:
I would sell the car as well to buy more bitcoin at this fucking cheap motherfucking price
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I suggest make an NFT of the car before selling the car. In crypto, one needs to leverage assets which may have a collectible value in future. Then hold the NFT for a while, because when Bitcoin does the super pump again, the NFT market will also be pumping, then sell that NFT for a high price.
 
a lot people here seem forgot the last bull and bear cycle. how much btc price is dropping.
i am bullish on crypto but let be real here, decentralization ? gov not able to control is only true to some extent.
in the end of the day crypto backbone that bridge it to irl is still stable token, and this token is backed 1=$1 fiat money. so it dependant on gov.
as gov have more regulation, they can push usdt busd on printng $$$ if they need it, with more eass also scapegoat than before.
don't forget our adress is linked with our real identity. allow gov to track our cashflow in more detail and cheap way compared to whole Intelligence agency.
if anyting crypto is helping those in power create framework required in uniting the capital market, increase control on global cashflow and at some point making global currency.
 
I feel part of bhw is still salty towards crypto as they tend to buy the tops and sell the bottom, just like they did in 2017 EOY when prophets were telling to buy the bitcoin as its going to one million while happily dumping their bags on gullible individuals, this happened again in 2021 EOY, their favorite influencers were telling them that it is going to hundreds k soon, again dumping their 10x bags on them, I can understand their pain though, but that is what you get when you have a kink for buying tops and refuse to take profits when its time
 
Cewgg said:
I feel part of bhw is still salty towards crypto as they tend to buy the tops and sell the bottom, just like they did in 2017 EOY when prophets were telling to buy the bitcoin as its going to one million while happily dumping their bags on gullible individuals, this happened again in 2021 EOY, their favorite influencers were telling them that it is going to hundreds k soon, again dumping their 10x bags on them, I can understand their pain though, but that is what you get when you have a kink for buying tops and refuse to take profits when its time
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Yes they are selling right now and will be buying back at 30-50k soon lol
 
wm2222 said:
Yes they are selling right now and will be buying back at 30-50k soon lol
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you don't seem to have a lot of clue what you are talking about, you seem to post here just for the sake of writing, but keep your assumptions, yes it is over, it is never going back again, crypto is dead, bitcoin is dead, eth is dead. I love these perma bears in bear market, but when the time comes, market flips green, bulls appear from hiding, these perma bears just go radio silent. What a shame really, they realize the opportunity they missed once again, but all is left is just to watch the charts and seethe
 
wm2222 said:
Go sell your house and buy BTC at this fucking cheap price . It's the last opportunity to buy bitcoin this cheap!
Click to expand...

Is that what you have done?
 
Cewgg said:
you don't seem to have a lot of clue what you are talking about, you seem to post here just for the sake of writing, but keep your assumptions, yes it is over, it is never going back again, crypto is dead, bitcoin is dead, eth is dead. I love these perma bears in bear market, but when the time comes, market flips green, bulls appear from hiding, these perma bears just go radio silent. What a shame really, they realize the opportunity they missed once again, but all is left is just to watch the charts and seethe
Click to expand...
Are you a crystal ball? c'mon man! go buy BTC don't miss the train. I'm super bullish right now
 
Trust WorkShop said:
I suggest make an NFT of the car before selling the car. In crypto, one needs to leverage assets which may have a collectible value in future. Then hold the NFT for a while, because when Bitcoin does the super pump again, the NFT market will also be pumping, then sell that NFT for a high price.
Click to expand...
Amazing suggestion . but instead, I will make an NFT of my big cock, how about that? would you buy it? Want to be the first one to buy it huh? :smirk:
 
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