Crypto Is Dead, Long Live Crypto

Crypto is dead. Everything you knew, gone. The major players of yesterday, irrelevant. The rules of the game, destroyed. Up is down. Down is up.

Here is a final look at the previous lords of Crypto: the Neckbeards. They were gentle guardians of the fertile Crypto plains during the Paleolithic period. They roamed the crypto exchanges as doe eyed benign beings of innocence. Rarely leaving their basement, they devolved into human cavefish. Left to their limited options for social interaction they engaged in the the great Troll Wars of 2017 on Twitter and Reddit. The neckbeards ceased to adapt. They are now functionally extinct.

The new Lords of Crypto are … the long tail of society. Your Grandmother and her Florida retirement community armed with Ameritrade accounts, the Uber driver, the barista, and the millenial shitheel next door are the new lords of crypto. Surprised? Did you think I was going to say Wall Street?

The crypto genie is out of the bottle. Wall St is attempting to get it’s hooks in via CBOE, CME, GBTC and other traditional finance instruments but society finally has a way to overturn the status quo. As the meme goes, “THIS IS GENTLEMEN.”

Allow me to preemptively say fuck you to the inevitable trolling I’ll get in the comments. I had GBTC in the iBC Stock of the Year contest. How did your shitty call go? You wanna fuck with me now. Bring it. I’ll fuck you up in 2018 too.

But we cool, if you’re cool. I’d rather help you make a shit ton of money than have to hear your critiques of my crypto game. All I have to say  is….”Scoreboard”. If that irks you, hate the game don’t hate the playa. You can still get your 20x on in 2018. I invite you to come along on the journey.

Where was I? Ah yes, making shitty analogies: if dotcoms were a coal fired train then the crypto universe is a custom built 220mph bullet train. What I’m saying is…. Everything is accelerated. Days are minutes. Weeks are days. Gains are obscene. Losses will be catastrophic. Rising from the ashes will be a new world ordered on Crypto.

Don’t get complacent. We’ll run farther and longer than you think possible. We’ll crash so hard your unborn kids will feel it. Then we’ll take over the world.

Everyone fears Wall St will take over but it won’t. Crypto is worldwide. It can’t be sliced into tranches of shitty debt and CDO’d to death. Wall St can short it, but they will get run over by Grandma’s knitting club talking about blockchain and HODL in the long run. The long tail wins. A million Grandmas with Ameritrade accounts are greater than Lloyd Blankfein.

Play the long game. Don’t chase price. Read Fly’s book. Troll me at your own risk.

On the markets, BCH is up 20% today and forming a nice bull flag. I posted charts on my Twitter.

I’ll post something with meaningful content later. Maybe.

https://www.youtube.com/watch?v=1yDelARE3Fs

About coinspeak

20 years as an IT consultant. Escaped the rat race in 2015. Addicted to travel and tacos.

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27 comments

  1. Well done. Kudos.

  2. STOCK CUCKS ON SUICIDE WATCH.

  3. You’re a real bastard.

  4. This screed sounds like a 13 yr old’s drivel or a fly wannabe, which.

    • What’s the difference between me and you?
      You talk a good one – but you don’t do what you supposed to do
      I act on what I feel and never deal with emotions
      I’m used to living big dog style and straight coasting
      Yo I stay with it, while you try to perpetrate and play with it
      Never knew about the next level until Dre did it
      I stay committed while you motherfuckers baby-sitted
      I smash you critics like a overhand right from Riddick
      Come and get it, shitted on villains by the millions
      I be catching bitches while bitches be catching feelings
      So what the fuck am I supposed to do?
      I pop bottles and hot hollow-points at each and all of you
      A heartless bastard, high and plastered
      My style is like the reaction from too much acid
      Never come down! Pass it around if you can’t handle it
      Hang Hollywood niggas by they Soul Train laminates
      What’s the difference between me and you? (What?)
      About 5 bank accounts, 3 ounces and 2 vehicles
      Until my death, I’m Bangladesh
      I suggest you hold yo’ breath ’til ain’t none left
      Yo that’s the difference

  5. Everything is accelerated. Days are minutes.
    Gains are obscene.
    Losses will be catastrophic.
    Rising from the ashes will be a new world ordered on Crypto.

    We’ll run harder and longer than you think possible. We’ll crash hard
    Then we’ll take over the world.

    Wall St can short it, but they will get run over by Grandma’s knitting club
    Play the long game

    Yep! Along for the ride.

  6. The market cap increases are relentless.
    But still only 1/15th of gold

  7. SPOILER ALERT: Bitcoin and Ethereum are broken as currencies.

    Guess what’s next.

    • Lemme guess….

      Bitcoin Cash and EOS kick those shitcoins to the curb?

      Am I close???

      • I replied to YOUR comment on Nov 22 that BCH XMR and EOS were my top picks.

        Since then EOS is up over 400%. XMR is near 400% and BCH is up 60% (but I’ve been recommending BCH since August and it’s up 700% since mid October). Are you not entertained?

        And you guys bitch because I troll everyone and post a few hip hop vids.

        • I’m no troll and I ain’t bitching. I’m giving you a fucking standing ovation.

          I’m the guy that said your $11,600 interim top tick on BTC was prescient.

          Fuck the trolls. The money to be made here is ginormous and I’m all in.

          You want to play hip hop videos, fucking play hip hop videos.

          You did ask a question above though. “Guess what’s next.”

          I provided an answer based upon your previous comments.

    • zcash, monero, verge

    • Legislation is going to pass )potentially( making cryptocoin holders a bank.
      If they are going to go through that trouble you need crypto lending and a debt market and bonds… alternatively, the ability to borrow at 1% (or less) and where savings make 3% (or more). Borrow a cryptocurrency, make payments in a cryptocurrency but as you hold in your account it accumulates interest…

      This would have the side effect of potentially growing a large enough debt market to someday replace the dollar as a reserve currency.
      Are there any crypto coins anything at all like this yet?

  8. Honestly we don’t need another damn hip hop artist. Just blog and be clear you bastard. No popping bottles. Instagram bitches. We need some clarity.

    • Ask away. If I have an opinion, I’ll share it.

    • There’s a wall of institutional and retail money headed into this new asset class. Especially after jan. 1
      imho it’s still pretty early, so time to get in.
      If you put more than a few hundred in’ you should keep it on a hardware wallet: Ledger Nano or Trezor. The simplest strategy is to just buy and hold Bitcoin BTC. John McAfee changed his 3 yr? projection from $500,000 per bitcoin to $1 million. (Not current dollars, he’s expecting USD to drop)
      If I’m not mistaken, CoinSpeak believes Bitcoin Cash BCH would be the better option.
      It’s a complex question. If you’re not sure, get some of both.

  9. I try to get excited, but I think I’ve listened to too much Adam Ludwin at this point. His views are so well balanced that I just don’t care anymore.

    • If he hasn’t taken a stand for anything why listen to him? I’d rather listen to two extreme points of view and think for myself than listen to someone who plays it down the middle.

      • Lol you miss the point.

        There are two ways to get rich in the market:
        1. Be in the right place at the right time. Hit it big and attract a lot of assets.
        2. Compound ROR over a long period of time and attract a lot of assets.

        If you are doing one of the above, always assume you’ll never do the other.

  10. off topic
    egg-free egg nog is like profit-free investing
    many of the supposed healthy things taught for years about the food pyramid, fat, salt, etc. are complete horseshit. Check out http://www.mercola.com/ Yes he’s hawking supplements, but lots of good info.

    not off topic
    Novogratz
    https://www.youtube.com/watch?v=6CYXBsV5Ssc

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