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Well, stay skeptical. Never invest, and the most groundbreaking technology will pass you by.

I have a question for you, as I’m really skeptical about the USD. It definitely has a lot of risk, controlled by a select few, losing value fast, and how is it anything other than a **legal** Ponzi scheme?

What’s happened today is proving that I was right to be skeptical. It’s incredibly volatile and risky and experiences huge ups and downs without any explanation. The USD certainly doesn’t experience that. If this is considered “groundbreaking technology” then its a sad day for our future.
 
What’s happened today is proving that I was right to be skeptical. It’s incredibly volatile and risky and experiences huge ups and downs without any explanation. The USD certainly doesn’t experience that. If this is considered “groundbreaking technology” then its a sad day for our future.

Look back on the chart for BTC, you will see this exact same movement last year, as well as earlier this year. The “experts” were spewing “bitcoin will go to $0!!!!!!”, more FUD...it obviously didn’t. This happens in any market such as stocks, commodities, and forex. It’s healthy, and it’s normal. It’s a classic pump and dump by the CME to get the weakholders to chicken out so that strongholders can get more. In my personal opinion, a lot of people are pulling out to purchase Christmas gifts.

Mark my words, by next Friday it will be far higher than it is now. In January, forget about it, it’ll be paving the way for all time highs. Then eventually, history will repeat itself and it will drop, and the experts will weigh in again saying everything will drop to $0. As for myself, I’ll be buying more today at this stellar discount.
 
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Look back on the chart for BTC, you will see this exact same movement last year, as well as earlier this year. The “experts” were spewing “bitcoin will go to $0!!!!!!”, more FUD...it obviously didn’t. This happens in any market such as stocks, commodities, and forex. It’s healthy, and it’s normal. It’s a classic pump and dump by the CME to get the weakholders to chicken out so that strongholders can get more. In my personal opinion, a lot of people are pulling out to purchase Christmas gifts.

Mark my words, by next Friday it will be far higher than it is now. In January, forget about it, it’ll be paving the way for all time highs. Then eventually, history will repeat itself and it will drop, and the experts will weigh in again saying everything will drop to $0. As for myself, I’ll be buying more today at this stellar discount.
http://www.businessinsider.com/north-korea-south-korea-bitcoin-heist-2017-12

It’s also become the currency of North Korea. They collected ransoms from WannaCry with BitCoin and they stole some 17% of BitCoin on the Youbit exchange. I have no confidence in BitCoin. It seems extremely vulnerable to theft and exploitation. I advise you to diversify your assets — putting all of your money into one account is always a bad idea, even more so with such a volatile investment.
 
http://www.businessinsider.com/north-korea-south-korea-bitcoin-heist-2017-12

It’s also become the currency of North Korea. They collected ransoms from WannaCry with BitCoin and they stole some 17% of BitCoin on the Youbit exchange. I have no confidence in BitCoin. It seems extremely vulnerable to theft and exploitation. I advise you to diversify your assets — putting all of your money into one account is always a bad idea, even more so with such a volatile investment.

I look forward to what the investigation shows. For what it’s worth, I don’t have any bitcoin. I have all altcoins, and not a single one of them is on an exchange.
 
Guys Litebit.eu exchange is Scam stayaway from robbing new crypto enthusit
22nd Dec 2017 9pm, buying Kraken BCH 1: €2,314
selling to Kraken BCH 1: €2,290
Differ between buying & selling Kraken BCH 1: €24
22nd Dec 2017 buying from litebit BCH 1: €2,445
selling to litebit BCH one: €2,200
Differ between buying & selling litebit BCH 1:€245
 
Mike Maloney, who made this video, also has a great book aptly called “Gold and Silver”....it’s an excellent read. This video is part of an 8 part series, and I’d highly recommend watching all of them. It’s very informative of the history of money, and part 8 was released a couple days ago which is all about cryptos. However, I think he’s read some wrong information as what he says about the current situation of cryptos is false, and the new technology he talks about isn’t a viable replacement. He only mentions bitcoin isn’t viable, as he said “if bitcoin were to replace the world’s monetary system, it would consume more power than the earth currently produces” which is ********. Plus, he makes zero mention of bitcoin cash, dash, Neo, EOS, litecoin, or any other blockchain. I think bitcoin’s days could be numbered, it’s getting slower, the transaction fees are getting horrendous, etc. Its paved the way, but now it’s time for the new kids on the block to propel us into the future with far faster and cheaper transactions (namely EOS). EOS is promising a blockchain middle next year I believe said will do 1,000 transactions per second, which would put them in the league of PayPal. For reference, bitcoin can do about 5 transactions per second.

But without a "legit" trustworthy app/exchange like Coinbase to support it, the new cryptos could have a hard time making a breakthrough (which will skyrocket their value). I do hope that Coinbase does support Ripple and EOS in the very near future. But who knows….
 
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