People will sell off coins here at the end of the year to claim a big loss on their taxes. But we need more than that. We need bad news. We need negative press stories. We need security flaws to be "discovered", even if they don't really exist.
And why do we need this?
To get the prices down so I can buy in cheap to several coins, and then let them ride to BIG PROFITS on the next market cycle upswing!
Gotta get that dolla dolla bill, yo!
And why do we need this?
To get the prices down so I can buy in cheap to several coins, and then let them ride to BIG PROFITS on the next market cycle upswing!
Gotta get that dolla dolla bill, yo!
I agree that we all have to sell and crash the prices of all altcoins.Why?Because they are useless.
But I'm not gonna do this just because you want to make some money out of pump&dump shit.
Go find another "get rich quick" scheme
I can't say that all altcoins are useless
For example, personally, I find Litecoin quite useful, even if for only "pump&dump shit". Kidding aside, if Bitcoin is to become something, it will most certainly have to do with a store of value. But a good store of value can't be a good means of payment at the same time as these things are mutually exclusive to a great degree. So we need an altcoin which would work as a means of payment with Bitcoin being a store of value. And this is where Litecoin fits in perfectly, without any kidding