Bitcoin: Party, Parabola, Paradigm shift or Ponzi?

The Bitcoin party won’t stop. Crypto traders are doing virtual keg stands on Twitter waving their dicks around showing pictures of new houses they bought with Magic Internet Money. Yes, we’re all getting rich and you’re not. Bitcoin is over $16,000 this morning. I’ll say what you’re thinking: “that’s retarded”. However, as Warren Buffett said, “the market can stay retarded …

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Bitcoin to the Moon

On the move today so I am going to share some videos. I was on the local news yesterday. Older vid I did on Bitcoin entering parabolic phase. For your entertainment:

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Bitcoin $10,000

BTC is currently trading at $9650. Up ~15% this weekend. $10k is our god given right at this point. I made a vid on what I think will happen from a TA perspective. Part two is here: I moved from BTC to BCH in August and September. BTC has been a great performer.  BCH has been better. BCH is ~$1700. …

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Bitcoin Thanksgiving is cancelled

There will be no rest this weekend for Bitcoiners. Bitcoin Core (AKA BTC) will have a scheduled “difficulty adjustment” sometime on Saturday. A “DA” occurs every 2016 blocks. During this time the algorithm for mining difficulty adjusts according to current conditions to maintain a consistent rate of new blocks/bitcoins into the system. There are rumors that the mining power for Bitcoin …

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Battle of the Bitcoins: Core vs Cash

You will see a lot of articles on Bitcoin this week. This is what you really need to know. Bitcoin Core forked from Bitcoin Cash. That’s right. You will hear that said the other way around in 99% of articles, tweets etc but Bitcoin Core altered the way digital signatures are handled to: Keep an artificial block size limit in place …

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Bitcoin Cash: Called the Shot

Bitcoin Cash up 30+% since my last blog post two days ago and over 115% up in past week. The next two weeks of price action will be epic. Bitcoin may go to $10k and $5k by end of November. Bitcoin Cash could break $1,000 or maybe even $2,000? I remain irresponsibly allocated to my Bitcoin Cash long with zero …

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UNITED STATES OF BITCOIN

It’s over. Bend the knee to Bitcoin. Bezos and Musk will be court jesters in the age of Bitcoin. Neckbeards in Lambos are our future. Men who can’t wash their nether regions unassisted are the new financial lords of the universe. They mined Bitcoin on their mom’s AMD laptop in 2012 and now they can buy 50% of the companies on …

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What does it take to understand Bitcoin?

  Let’s be clear about something… There will be winners and losers in Crypto. When the Internet was new people couldn’t envision how the web would impact their lives. Now, most people can’t take a crap without taking their smartphone with them. I made great money trading dot com stocks. Most of those companies do not exist anymore but the …

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CHINA HATES BITCOIN

China may be on the verge of banning Bitcoin mining. From this article: China Bans Bitcoin Executives From Leaving the Country, Miners “Preparing for the Worst” Chinese media is reporting executives of crypto exchanges have been ordered to not leave the country with a very rough translation stating: “A number of informed sources say the executives of special currency trading platforms are …

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Buy the Blood in Crypto

China has Kim Jon Un’ed the Crypto world and fired a first strike. The rumor is the PBOC will issue its own digital token, possibly for trading with other BRICS, as a way to sidestop the USD. Maybe they will back this asset with gold? A Chinese digital currency sounds worse for the dollar than for Bitcoin. Get out your …

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