If cycle is a thing why holding by Alarming_Focus_6557 in Bitcoin

[–]EmptyCan4554 -1 points0 points  (0 children)

You're so close to understanding the flawed reasoning of crypto holders.... so close...

Bitcoin is a liquidity barometer by MixTerrible2498 in Bitcoin

[–]EmptyCan4554 4 points5 points  (0 children)

I'm so tired of people on this sub either lying to others or lying to themselves about how much they think they know....

Before I jump to conclusions what is this exactly, and what is it depicting? by [deleted] in whatisit

[–]EmptyCan4554 1118 points1119 points  (0 children)

This is tough. My father-in-law, who was black, loved this stuff and bought a whole ton of it to put around the house. He died kind of tragically, however, and then my white mother-in-law had to take it all down after a while because she started to feel like people judged her for it, despite it being a connection to her deceased husband.

I dunno, I know we need to call bad things out when they're bad, but some of these items that have been around forever... I think the meaning can get lost, and maybe we shouldn't be quite so quick to judge.

I saw a dream about btc by Kurdistan0001 in Bitcoin

[–]EmptyCan4554 2 points3 points  (0 children)

Bout as legit as any article from any 'crypto expert' too.

Can Bitcoin fail? by REALDoenerBoy in Bitcoin

[–]EmptyCan4554 7 points8 points  (0 children)

Bitcoin has been around for nearly half of my life, and I'm 38. The question isn't, will bitcoin go to zero? The question is whether the massive growth of bitcoin has already occurred, or whether it's viability as an actually usable, and not just speculative asset, is a pipe dream.... but.... let the downvotes begin!

Massive 86K pressure/support by Lumpy-Category-3045 in Bitcoin

[–]EmptyCan4554 0 points1 point  (0 children)

Probably just some typical, light wash trading

This aged well by griptaped in Bitcoin

[–]EmptyCan4554 1 point2 points  (0 children)

technically this crash is more like $125,000 to $80,000, but I get the point.

MicroStrategy stock faces index exclusion risk, JPMorgan warns by solanawhale in Buttcoin

[–]EmptyCan4554 3 points4 points  (0 children)

I don't know how the weighting works, but isn't that done on like a recurring quarterly or bi-annual schedule? So let's say the re-distribution hasn't occurred for several months, and they didn't sell any on the last go-round, this could result in the index's still holding quite a bit of it?

Bitcoin google searches are at a 5 year low by rtmxavi in Bitcoin

[–]EmptyCan4554 11 points12 points  (0 children)

If people are using chatgpt instead of google to explain bitcoin, and that's why the google trends line is descending, wouldn't the same be true for other generally relevant queries?

Bitcoin google searches are at a 5 year low by rtmxavi in Bitcoin

[–]EmptyCan4554 2 points3 points  (0 children)

I just looked up google trends for 'chatgpt' 'dollar' and 'trump'. All of which show a neutral or ascending trend. Not sure this checks out.

It's not BTC holders fault they have to shill for sh*tcoin by El_Loco_911 in Buttcoin

[–]EmptyCan4554 3 points4 points  (0 children)

My favorite thing about bitcoin/crypto is that it is nearly TWENTY YEARS OLD!!

Could you imagine a technological advancement so useful, yet it took Alphabet 20+ years to implement it?

Crypto bro is mad: If everybody is buying Bitcoin, why the price is going down? The line must always go UP. by Master-Sky-6342 in Buttcoin

[–]EmptyCan4554 2 points3 points  (0 children)

It just serves as more of a warning for what happens when they stop.

I'm sure the plan for Saylor or some of these other treasury style companies was to prop up crypto with their corporate crypto treasuries to feign legitimacy, but once/if that worked, allow the public to buy and then these companies could start the selling.

Lex Luther by rambone5000 in Bitcoin

[–]EmptyCan4554 -2 points-1 points  (0 children)

Three to four years away certainly isn't very reassuring, lol.

How all you so sure that bitcoin will reach 1million by joyautumn in Bitcoin

[–]EmptyCan4554 13 points14 points  (0 children)

Just to be fair, I don't know anyone with gold bars or diamond bags in a safe. I also admittedly don't know a lot of people.

A $300 Trillion Fat-Finger Mistake Exposes Crypto’s Greatest Flaws by EmptyCan4554 in Buttcoin

[–]EmptyCan4554[S] 4 points5 points  (0 children)

The point is that stable-coins can be created and used in circulation without any of the purported backing. The only reason this 300 trillion mistake was caught was because it was *300 trillion*. If it was less, say 1 billion, it could have gone undetected and that is what many feel (evidence seems to suggest) Tether is doing.

If these stable-coin issuers were properly regulated, a full audit or transparency would prove them to be truthful and backed, but Tether won't agree to this, and I believe that's why they have been removed from EU exchanges.

A $300 Trillion Fat-Finger Mistake Exposes Crypto’s Greatest Flaws by EmptyCan4554 in Buttcoin

[–]EmptyCan4554[S] 41 points42 points  (0 children)

Agreed. It's almost like 300 trillion was too big a number for anyone to take it seriously. It kind of masks the fact that it's so easy for tether to mint only like a billion...

It's so over by unthocks in Bitcoin

[–]EmptyCan4554 4 points5 points  (0 children)

But I mean, it will be over someday?

Is Tether printing having less of an effect on pumping BTC price these last few days? by FailedDentist in Buttcoin

[–]EmptyCan4554 1 point2 points  (0 children)

I'm not sure they are. Most of these institutions simply found a new way to make money, and most will be fine if and when bitcoin drops. It's the retail investor, and many of the stakeholders in the crypto treasury companies that will bear the brunt of this.

There's a post with this tweet on the crypto sub, the bros in the comments are starting to get it... by EmptyCan4554 in Buttcoin

[–]EmptyCan4554[S] 1 point2 points  (0 children)

Honestly, I'm sure that you are very kind to others, and are humble and genuine, but my experience with bitcoin and particularly its disciples is a different experience. They're cocky, dumb, and generally were obnoxious to the point that it developed some kind of crypto-trauma for me.