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  1. O

    Gold vs bitcoin ...

    The solution to proving that Tether is legit is very simple. Make an audit. Is it that hard? If they have 90% in the treasuries that should not be hard to prove. Important to mention that they have been promising an audit for what is it... 7 years now? Why don't they do that? Because they are...
  2. O

    Gold vs bitcoin ...

  3. O

    Gold vs bitcoin ...

    I agree EXACTLY with what you are saying. Tether is likely akin to the federal reserve for the crypto. But what's the difference between the FED and Tether? Government can print dollars. What do you think would happen if you start counterfeiting the US dollar and start printing dollar bills at...
  4. O

    Gold vs bitcoin ...

    This is exactly what i am talking about lol. Everyone in ponzi scheme is making paper gains until it collapses and you are left with nothing. It works all the way until the collapse. IMO Tether went bust in end of 2022 and this is the exit pump. They must pump the price up to keep the ponzi...
  5. O

    Gold vs bitcoin ...

    Nobody is talking about Bitcoin, everybody is talking about price of Bitcoin. And price of Bitcoin can be compared to madoff (assuming that Tether is a fake stablecoin/sort of a ponzi scheme that is printing USDT and propping up the market, heavily distorting the value). Bitcoin would work the...
  6. O

    Gold vs bitcoin ...

    Ever heard of Bernie Madoff? His ponzi scheme lasted for 18 years, possibly even much longer. It grew to about 65B$ in size - about the same as the Tethers marketcap is these days if you account for inflation. Whoever called it "wrong" might be just wrong on the timing. The whole purpose of a...
  7. O

    150k bitcoin predicted by lee,,..1 billion by others!!

    it didn't make sense to me; how is it possible that so many stupid people can be making so much money in crypto.... But then if you look at it as a literal ponzi scheme, it makes a lot of sense. In ponzi schemes a lot of people make a lot of money, encouraging more participants to join. And...
  8. O

    Is the crypto winter over?

    Surgical restoration is not advised, but you can actually restore/regrow it by tugging the skin. It takes a long time. It doesn't bring back the lost nerves, but it does restore the original function to an extent and apparently it still is a game changer.
  9. O

    Tether: What part of this balance sheet do we not believe?

    what i find odd is how comes Tether almost always prints in batches of $1B. Naturally you would expect the amount of deposits to vary, but they almost always print 1B$. Not suspicious at all!
  10. O

    Dogecoin lagging?

    0.06 could be a good area to buy (your liquidation lol) I always tried buying laggards but what happens is the rest doesn't follow but then it all dumps if BTC dips to 46k$ these alts gonna wipe off -30%. But maybe it doesn't, who knows
  11. O

    Dogecoin lagging?

    Uncorrelated on the pumps, correlated on the dumps :confused: I thought it would go up, but now i'm thinking it will go down first. Maybe this is the bottom :) I think when conditions are right, it is likely to pop up along with everything else. But i don't know when that is so i hold spot.
  12. O

    Dogecoin lagging?

    I thought the same way like why in the hell are these altcoins not catching up??!? But at this point i don't know,.... maybe the market is telling us something? So many times bitcoin went up, alts went nowhere and then everything dumped together. If bitcoin corrects just like 10%, then your...
  13. O

    Tether: What part of this balance sheet do we not believe?

    The whole point of Bitcoin is to eliminate trusted third parties. Do you understand? It's about cutting out the middle men. But for that to work, the party you are sending coins to has to be trusted because it's irreversible. There are pros and there are cons...
  14. O

    Tether: What part of this balance sheet do we not believe?

    If Tether turns out to be a fraud it would get extremely ugly, Bitcoin would hit 1000$ per. That would be a real black-swan event to be honest.
  15. O

    Tether: What part of this balance sheet do we not believe?

    As far as i know they lied about being always backed 1:1 (they claimed tethers were always backed 1:1), but some of their money has been confiscated and only once the news broke public did they admit it.
  16. O

    Bitcoin Price Thread

    I've never said that i traded it perfectly :( But i did call it pretty well and you can check the posts. Even going 2yrs back when we were in the 50s i told to just sell, meanwhile johnarb was talking about some theory of a whale named "rick astley" accumulating bitcoins("never gonna give them...
  17. O

    Bitcoin Price Thread

    naa i don't think so. This is it. CEO of the biggest money management firm is endorsing Bitcoin. That super big management firm Franklin Templeton also put laser eyes on their twitter profile. The ETF has been approved. It doesn't get better than this. How could we top that? Top tier...
  18. O

    Bitcoin Price Thread

    Some time in the future you will be looking at your 1m$ predictions and say to yourself "oh boy, this should have been a sign"
  19. O

    A Retail's Day Trading Experiment

    1500 trades in 48 days sounds CRAZY. This is like 30 trades each day o_Oo_O When i had a lot of trades it was because i was just trading "randomness" on lower timeframes. You try to make some easy quick scalps, but it's pointless. And it always ends up with just doing random stupid shit and...
  20. O

    What's the Biggest Reason Why Traders Fail?

    It's actually very simple. The reason is doing "random" actions with no edge or strategy. And this can happens due to any of the reasons in the poll(or combination thereof).
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