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Tuesday, January 23, 2018 12:31:37 AM
Bitcoin in and of itself, defies all logic in the traditional stock charting sense, and that so called experts are just as incapable of seeing its low, as they are to 'fail' to detect its high, before a shift or collapse. Where were the experts, warning us that $20,000ish was the top for this cycle? They were absence, because they too, have no way to know. They ride the bus, all the same as everyone else. Everyone is guessing in how to gauge upside, or downside potential. No one knows.
The article is rubbish, as it claims that crytocurrencies are used worldwide for purchases. This is absolutely false. Cryptos are held, hoarded, and accumulated via the greater fool theory, that
they'll become worth more later, indirectly suggesting to not cash them in now. This introduces a perpetual state of not wanting to sell, for fear of missing out. Few companies sell items in cryptos, because they can't measure the volitility, and for those that do, it's instantly converted back to USD. Because cryptos are decentralized units, there is no entity to stand against the wind, which means it's vunerable to an obscene high price, to a potentially obscene in low price, at any given time. I am no friend to a centralized entity that rapes our sovereign nation treasury, but I do know the service provided, one that cryptos will never have, unless highjacked by soverieng entities - wink wink. When the real crash occurs, as I've stated this to be a trojan horse, the loses will then be realized among the tulip 2.0 crowd - unseasoned, unaware of anything monetary history spanning hundreds of years. All generations are forced to participate in this nonsense, and generation after generation, with exception to the small few, all have failed to date. This is the mindset of those that are unable to walk the middle of the road, and get pulled too far to one side, unable to keep a level head. This is only, scratching the surface of what monetary history will once again show as fact.
I do believe, we will have that opportunity to see a $50,000, or $100,000 bitcoin, and perhaps higher. What I don't see as probable, is that it will continue to become an opportunity all the same. As beanie babies had a shelf life, so will these, not to usher in crypto, but to usher in blockchain. Those today, fail to understand that these are taxible as commodities. People today, fail to understand that today isn't different. People today, are unable to see these are only tools/vehicles to usher in something more value able upon society, more sinister. There's too much of a cult following to think clearly. There's too much ignorance, to request intellectual thought. For those that say "You just don't understand", I promise I understand to levels many are incapable. Lean to far to one side of the road clouds to mind.
In the world we live, there exist those that are asleep, those that are awoke, and those somewhere in between. I like to attribute it to a puzzle, perhaps a 10,000 piece puzzle. Many people today, know there is something vastly wrong in the world, yet they can't explain it. I call these the few hundred piece guys. There are some, who recently awoken to study, research, and discover a few subjects of interest. These are the few thousand piece guys. Then, there are others who I would consider the many thousand piece puzzle guys. They start to see the real picture, and the agendas placed in front of humanity. Cryptos, and blockchain, are only a piece to this puzzle.
Knowledge is confidence, ignorance is bliss, or fear. I know which path I walk. This topic gets too much in depth. If people truely want to learn, they only need to ask, else it will be dropped. So, about this news, its noise. I know he's the man that represents this company, but it's still noise.
Recent BTCS News
- BTCS Inc. Launches ChainQ: An AI-Powered Blockchain Analytics Platform • GlobeNewswire Inc. • 07/10/2024 12:31:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/10/2024 12:30:39 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/08/2024 08:55:20 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 08:05:14 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/29/2024 09:06:35 PM
- BTCS Inc. Integrates with Forta to Construct Compliant Ethereum Blocks • GlobeNewswire Inc. • 05/29/2024 12:45:00 PM
- BTCS Reports Q1 2024 Results • GlobeNewswire Inc. • 05/15/2024 01:00:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 08:50:35 PM
- BTCS Inc. Welcomes Ashley DeSimone to Its Board of Directors • GlobeNewswire Inc. • 04/18/2024 12:30:00 PM
- BTCS Reports 2023 Results • GlobeNewswire Inc. • 03/22/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/11/2024 08:01:17 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/07/2024 12:18:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/07/2024 12:35:59 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/26/2024 06:49:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/21/2024 10:00:25 PM
- Form S-3 - Registration statement under Securities Act of 1933 • Edgar (US Regulatory) • 02/14/2024 10:04:19 PM
- BTCS Inc. Launches Builder+ to Enhance Ethereum Blockchain Infrastructure • GlobeNewswire Inc. • 02/01/2024 01:35:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/31/2024 10:00:26 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/24/2024 01:55:34 PM
- BTCS Issues Shareholder Letter Reflecting on 2023 and Outlook for 2024 • GlobeNewswire Inc. • 01/24/2024 01:55:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 10:09:43 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 10:02:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 09:59:39 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/16/2024 09:57:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/12/2024 09:30:21 PM
Cannabix Technologies and Omega Laboratories Inc. Provide Positive Developments on Marijuana Breathalyzer Testing • BLO • Jul 11, 2024 8:21 AM
ECGI Holdings Enhances Board with Artificial Intelligence (AI) Expert Ahead of Allon Apparel Launch • ECGI • Jul 10, 2024 8:30 AM
Avant Technologies to Meet Unmet Needs in AI Industry While Addressing Sustainability Concerns • AVAI • Jul 10, 2024 8:00 AM
Panther Minerals Inc. Launches Investor Connect AI Chatbot for Enhanced Investor Engagement and Lead Generation • PURR • Jul 9, 2024 9:00 AM
Glidelogic Corp. Becomes TikTok Shop Partner, Opening a New Chapter in E-commerce Services • GDLG • Jul 5, 2024 7:09 AM
Freedom Holdings Corporate Update; Announces Management Has Signed Letter of Intent • FHLD • Jul 3, 2024 9:00 AM