Post
Topic
Board Speculation (Altcoins)
Re: WARNING: crypto-currencies are very likely going to experience a crash soon
by
btcbug
on 07/03/2016, 05:23:27 UTC
I'm long term

What if there is no long-term:


Well, that's the question we've all be asking since 2009 essentially. I'll definitely consider what you're saying and I appreciate your comments. It's hard for me to imagine BTC going to zero. The only way it doesn't make sense for me to keep holding it through the upcoming economic turbulence is in that event that it does fail. What are the odds?

I don't know but even if it doesn't fail to stop functioning, I am nearly certain the mining is controlled by the Chinese and they will cooperate with the G20 to make sure you Bitcoin's don't transact until you pay Hellary Clinton or Merkel 100% taxes on your gains (because you can't prove your coins weren't used in money laundering before you obtained them). Capital controls are coming and Bitcoin will not escape them.


Will a truly anonymous coin arise to save us before then? I've been keeping my eye on that situation for a long time and I've read your comments about no alt-coins (xmr, dash, etc) being truly anonymous (yet). I've always thought that whatever coin becomes the the choice of the black markets for it's anonymity, will be HUGE.