Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
realr0ach
on 21/11/2018, 01:06:08 UTC
The biggest catalyst that'd make BTC price skyrocket higher is simply move all your BTC to your PERSONAL bitcoin wallet (move off of Coinbase, Binance, Bitfinex, Square, Robinhood, CBOE/CME futures).

Fractional reserve, BTC lending, rehypothication is a bitch and can perpetually create no floor for prices by establishment market manipulators.

Plus if history is any indication, one these avenues will blow up and wreck the "holders" of bitcoin that really wasn't there because they failed to take such advice.

Take it off the exchanges and see what happens.


Underrated post.

Overrated post because he doesn't understand how bitcoin functions.  Bitcoin is like the "cloud computing" scam.  You see ads all the time hyping this bullshit term "the cloud".  Hello goyim, upload all of your information to the magical cloud!  In reality, there is no "cloud".  The "cloud" just means uploading your shit to a computer you don't own or control.  

Bitcoin is literally cloud banking.  There is no possible way to take possession of your shitcoins whether you have the private key or not.  The coins rest permanently in a virtual cloud with built-in middlemen and counterparty risk.  You have to bribe centralized miners with ransom fees and ask them permission if you ever want to attempt to do anything with one of the coins.  There is no way to remove the counterparties from your life.  It's a permissioned ledger with non-fungible tokens where you can be blacklisted at any time.

Why would anyone use "cloud banking" when you can be your own bank with physical silver or gold instead?  You are definitely NOT being your own bank with shitcoins. You're enlisting to have your life controlled by a bunch of 3rd parties you have no say over.