Quote from: John999 on Today at 09:35:40 PM

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Quote from: John999 on Today at 07:57:48 PM

Quote from: Wind_FURY on June 19, 2020, 09:32:18 AM

Quote from: drays on June 15, 2020, 05:25:38 PM

Recent rallies of bankrupt companies stocks remind me of movements in altcoin markets, with their pump'n'dumps and trading of useless assets when there is basically nothing left behind them...

It kinda looks like the crypto traders have flooded the stock markets, or maybe just the same type of people who traded crypto, are now actively trading stocks

. The traces of crypto trading mentality seem to be present in mainstream financial markets ATM.

This is just an impression though...

This is why Bitcoin was invented by Satoshi. Do you remember his first message on the blockchain? It was to be an asset to be hedged against our current fraudulent system.

I guess it's the same for BSV since it's pumping along? BSV a safe heaven from the evil us dollar Tongue

BSV is not the same, even if there might be some temporary pumpening of that crap scam coin and some of the other cryptos... .

You should realize that. Shocked

guys should not be throwing around amorphous terms, such as crypto... and worse yet, if the various bcash scams such as bch and bsv trying to present themselves as if they were the same thing.. and people buying into those scams could end up getting screwed at any time.. or hoping to screw someone else with such smoke and mirrors nonsense.

That's my point. No bull market until scam coins die. But hey just my 2 cents Wink

O.k. I misread you. Sorry about that.

Personally, I understand that there are a lot of scam coins but I doubt that bitcoin gives any shits about them in terms of whether it pumps or not.

We already had our BTC correction that lasted a bit more than 2.5 years so far... and the various scam coins are along for the ride for any pump..

A lot of the scam coins were purged between 2018 and 2019.. but surely some of them are still going to be able to have some pumpenings.. and surely many of us bitcoiners are not going to be fucking around with trying to figure them out, but there are still likely to be a decent amount of snot-nosed 14 year olds making money on those scamcoins, even if some of them get burnt along the way too.

I just don't buy the thesis that the shitcoins have to die first... but I would not complain if they did. Cheesy