Crypto’s 80% Plunge

Discussion in 'CryptoCurrency' started by Vapys, Sep 12, 2018.

  1. mickyfu

    mickyfu Jr. VIP Jr. VIP

    Joined:
    Dec 14, 2011
    Messages:
    8,937
    Likes Received:
    25,671
    Occupation:
    King Of Crypto C
    Location:
    Solihull Young Offenders
    How long will it take before the stupidest of crypto kiddies look back and feel embarrassed to fuck about what they wrote.
     
  2. vinku

    vinku Jr. VIP Jr. VIP

    Joined:
    Jan 22, 2008
    Messages:
    1,503
    Likes Received:
    2,334
    Gender:
    Male
    Occupation:
    Making Money With Android
    Location:
    Poland
    Home Page:
    ...and it's good. Fiat is sick by allowing banks to create money but not in every country. In EU, private banks are limited and controled very well, maybe except UK where private banks are strong.
    However, it's good because with no control, you cannot gather taxes. Taxes are necessary for country development. Without taxes, we haven't social system. Without social system, we have revolutions every few years, when poor people attacks rich. It's wrong, we have it for last 500 years. Wars, revolutions, because non social system and monarchy. If we want peace, goverments needs to give some shit to people: social system and something called democracy. People need to think, they have any impact.
     
    • Thanks Thanks x 1
  3. Novun

    Novun Newbie

    Joined:
    Aug 8, 2018
    Messages:
    29
    Likes Received:
    1
    Gender:
    Male

    All those issues were caused by the corrupt governments themselves. If anything, having less taxes for them to play with would have negated those wars. Democracy is great indeed, but what's more important than democracy is liberty and freedom. Look at Russia and Hungary. They have Democracy just no liberty or freedom. They are illiberal.
    What crpyto allows us to do is have alternative financial systems which have nothing to do with big brother.
     
  4. redjebo

    redjebo Junior Member

    Joined:
    Jul 18, 2015
    Messages:
    152
    Likes Received:
    36
    Gender:
    Male
    Exactly. Without structured state with a government and all consequent pros (and cons of course, there is no + without a -) people will be dragging themselves back to the stone age, crowds have no inherent value when it comes to decisions concerning the greater good.
    Crypto as a concept aims to undermine the state as a functional form of society and if history means anything no states means decline in every aspect of human development. We can berate our governments all we want (and often rightly so), but if we just conduct a thought experiment what will happen without states, taxes, loans all we'll see will be anarchy, destruction and suffering. The crypto idealists can't see further than their noses.
     
  5. methodcreator

    methodcreator BANNED BANNED

    Joined:
    Feb 8, 2018
    Messages:
    120
    Likes Received:
    24
    Gender:
    Male
    The few rich are manipulating the crypto market. They can decide its rice or fall. Surely, Cryto will rice much higher before December time
     
  6. mickyfu

    mickyfu Jr. VIP Jr. VIP

    Joined:
    Dec 14, 2011
    Messages:
    8,937
    Likes Received:
    25,671
    Occupation:
    King Of Crypto C
    Location:
    Solihull Young Offenders
    Probably be worth one rice. That's about it though.
     
    • Thanks Thanks x 2
  7. Bigstar20

    Bigstar20 Jr. VIP Jr. VIP

    Joined:
    May 22, 2014
    Messages:
    406
    Likes Received:
    200
    Location:
    Australia
    LOL @ all the crypto haters who think they know more about crypto and finance than Steve Wozniak, Jack Dorsey, Tim Draper, Winklevoss twins
     
    • Thanks Thanks x 1
  8. mickyfu

    mickyfu Jr. VIP Jr. VIP

    Joined:
    Dec 14, 2011
    Messages:
    8,937
    Likes Received:
    25,671
    Occupation:
    King Of Crypto C
    Location:
    Solihull Young Offenders
    People pushing their own agenda?
     
  9. justbrowsing1

    justbrowsing1 Junior Member

    Joined:
    Sep 20, 2016
    Messages:
    149
    Likes Received:
    52
    Gender:
    Male
    That makes no sense, if all the others are based on Bitcoin then the total market cap will be aligned with the bitcoin price. Alts have got hit a lot harder against Bitcoin the last few months than they were in the first 6 months of the year. Total market cap was $240 billion when Bitcoin hit it's low at $5900.
    2 days ago Bitcoin dropped to $6300 and the whole markets total market cap was just $186 billion. Pretty huge difference considering Bitcoin accounts for over $100 billion of that.
     
  10. vinku

    vinku Jr. VIP Jr. VIP

    Joined:
    Jan 22, 2008
    Messages:
    1,503
    Likes Received:
    2,334
    Gender:
    Male
    Occupation:
    Making Money With Android
    Location:
    Poland
    Home Page:
    Steve Wozniak? Who is he? He is just nerd guy who has lucky to meet the best marketer in human history. Without him, Steve would be another home engineer who is showing his electronics to nerdy friends.

    Twins? Some idiots, who have lucky to meet Mark, strong individual who fcked them, changed their idea and also has luck - viral startup.
    Jack? Again some nerdy programmer who has luck with social platform when world demanded such platforms. There was many, many social platforms, but thx to "right of first", he got viral.


    All these people except Draper, are just luckers ;)
     
  11. Neon

    Neon Jr. VIP Jr. VIP

    Joined:
    Nov 3, 2013
    Messages:
    3,758
    Likes Received:
    10,815
    Gender:
    Male
    Occupation:
    Berlin
    Guys dears I have a new tip from 1 guy on Telegram: I heard that Chickencoin will be doing an eggswap with a yolk airdrop. The algorithm is SHA269 and I'm sure that you don't want to miss out. We all know that crypto is down dears and hopefully thanks to Chickencoin you can make some nice profits again and forget about this depressing bearish trend.
     
    • Thanks Thanks x 4
  12. vinku

    vinku Jr. VIP Jr. VIP

    Joined:
    Jan 22, 2008
    Messages:
    1,503
    Likes Received:
    2,334
    Gender:
    Male
    Occupation:
    Making Money With Android
    Location:
    Poland
    Home Page:
    Don't spread this info!

    ehhh... whatever, I bought chicken coin ICO and got this:
    [​IMG]

    Pure gold rooster coin for investment :)
     
    • Thanks Thanks x 1
  13. mickyfu

    mickyfu Jr. VIP Jr. VIP

    Joined:
    Dec 14, 2011
    Messages:
    8,937
    Likes Received:
    25,671
    Occupation:
    King Of Crypto C
    Location:
    Solihull Young Offenders
    I've heard if you are in with the big boys, the Lambo kids who ride rusty BMXs, then you may be in for some double yolkers.
     
    • Thanks Thanks x 1
  14. tb303

    tb303 Senior Member

    Joined:
    Dec 18, 2011
    Messages:
    995
    Likes Received:
    688
    Quality thread. Can we have some more name calling please :)
     
  15. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator Jr. VIP

    Joined:
    Mar 10, 2010
    Messages:
    22,696
    Likes Received:
    41,341
    Occupation:
    Generic Human Being
    Location:
    As Close to Heaven as One Can Get!
    Home Page:
    Are you sure it was not a Discord group guy?

    Oh wait, those groups are all dead... my bad.
     
    • Thanks Thanks x 2
  16. Total Noob

    Total Noob Jr. Executive VIP Jr. VIP Premium Member

    Joined:
    May 10, 2009
    Messages:
    2,160
    Likes Received:
    2,036
    Location:
    Florida
    Blockchain revolution any day now

    This public ledger technology will revolutionize almost every industry on earth
     
  17. bartosimpsonio

    bartosimpsonio Jr. VIP Jr. VIP

    Joined:
    Mar 21, 2013
    Messages:
    14,606
    Likes Received:
    13,055
    Occupation:
    SHILLIN $POWR
    Location:
    SHILLIN $ADA
    Home Page:
    Because there is not enough trading volume on the others. When bitcoin loses 10 billion market cap, some of the others lose 1 million because it's not worth shit anyway.

    If everyone tried to cash their altcoins at once, the system would collapse because most altcoin market cap is completely inexistent.
     
  18. blackh4t

    blackh4t Regular Member

    Joined:
    Jan 30, 2009
    Messages:
    280
    Likes Received:
    88
    Location:
    #1
    Get so tired of all crypto thread on here. Is just complaining either do and deal with it or shut up. Up to u what u do with ur money. Throw away or gamble who cares?
     
  19. justbrowsing1

    justbrowsing1 Junior Member

    Joined:
    Sep 20, 2016
    Messages:
    149
    Likes Received:
    52
    Gender:
    Male
    Bitcoin hasn't lost value over the last 3 months or so was my point though, alts have lost 60-70% in that time.
     
  20. Invester80

    Invester80 Newbie

    Joined:
    Aug 24, 2018
    Messages:
    14
    Likes Received:
    0
    Gender:
    Male
    That's why you can expect a rebound for some time, but it's my private opinion.