Post
Topic
Board Altcoin Discussion
Re: governments vs altcoins
by
ishirut009
on 22/07/2019, 16:21:39 UTC
Altcoins, even Bitcoin is not fully anonymous. It’s semi-anonymous. And this is why if you control the gates and control the amounts of fiat currency swapped for cryptocurrencies you can track, from that point forward, the route the flow of value takes.

Make no mistake. Governments see cryptocurrencies as a coup d’état against the international banking system. And if you own or trade cryptocurrencies, you are viewed from the establishment’s point of view as taking something that is not yours to take — autonomous control of your wealth.

In 2018 cryptocurrency demand was choked. As Bitcoin supply overwhelmed demand, the price of Bitcoin and other cryptos fell while the big players were quietly accumulating a position.

big players are accumulating positions just like what you've said. So in able to get fruits on their actions, we need to get in too and sell on the "unsustainable parabolic move" or what they call "UPM" where the price of alts and btc goes up too fast too soon without enough pullback.