7 Comments

Yes, I knew it was coming months ago. How? Well, when you go from $103 Billion market cap in December 2018 to $2.39 Trillion market cap in May 2021 and you see algo price action popping up in "recent orders" on a particular coin/token then you know The Big Boys have arrived and are strategically placing themselves to wait for mass adoption which will come.

Look for the coins/tokens with algos on them. Those are the ones they are planning on pumping up for the "Tulip Mania" run. Make damn sure you don't miss out on this run people. Yeah, even you trump-voters...make sure you don't miss it either.

Expand full comment

I think it may turn out like silver. A total flop. qqq is where the action is

Expand full comment

I like trading the Q's, but Theta is so high I'd be restricted to day trading and being forced to get out of positions before market close. Also I'm restricted in trading because of the PDT rule. In crypto, as long as I got crypto I can trade. I can trade 24/7/365....and getting more coins into my account takes about 5 minutes total from purchase to being sent to my crypto account. Options account it takes 3 days minimum to transfer cash using ACH and up to 7 more to clear for use. I can only trade M-F 9:30-4pm EDT and holidays there is no trading also. Crypto wins hands down for me.

Expand full comment

As long as you are day trading it, it makes sense. However, Greg is "never sell" guy in this absolute fluff. Worse than Tulip. At least Tulip had some use.

Wide scale bitcoin adaption is a pipe dream. It's so ridiculous to even think that central bankers and armies of the world would relinquish power to Bitcoin (or 10000 plus crypto). Makes no sense whatsoever. El Salvador is so corrupt that I won't be surprised if their president and his friends first bought bitcoin and then announced the news. After they sell, everyone disappears.

There are so many problems with cryptos that I don't know where to begin and where to end. First of all Bitcoin can't even handle the transactions that's occurring even in a small town!!!1 For all the transactions occurring in the world would require millions billions of servers and powers of the stars.

I was thinking all this would have crashed to zero by now but bullshit still goes on.

Expand full comment

I thought Dogecoin was a laughable shitcoin when it was under a penny and I had the opportunity to get in cheap. I owned Bitcoin when it was cheap as hell, under $50 bucks. I don't judge the crypto market, I just trade it. I make no determinations of a coin's use case. It's almost full blown Tulip Mania time and I'm all poised to profit from it. Bitcoin is not the only crypto out there. Hedera Hashgraph sends transactions instantaneously. I had two phones with a Hedera wallet on each with some HBAR in one of them. I sent HBAR from one to the other and it took about 2 seconds time to transfer. Most people don't know about it, but I do. Heheheheheheheee! Bitcoin I think is going by the wayside. It can't be used as a worldwide FAST payment system as you stated. But hey, people are used to banks taking 3 DAYS to make ACH transactions so Bitcoins' 10-30 minutes transaction time is lightning quick by comparison. XLM takes a couple of minutes, ADA is pretty darn fast. TRX takes a couple of minutes transaction time so yeah, there are some extremely fast blockchains out there. HBAR takes a couple seconds so it's the best. You gotta watch out for the Function X blockchain too. Read up on it.

Expand full comment

What I meant was that the banks handle millions/billions of transactions per day. There is no way in the world bitcoin can ever even hope to come close to that. It's impossible because of the sheer amount of energy required.

Expand full comment

I understand you. That's why in the above comment I said <<<Bitcoin I think is going by the wayside>>>

Why do I think it is going by the wayside? For the exact reasons you and I stated. Bitcoin is too slow. It's 1st generation blockchain technology. It's a dinosaur. But right at this moment it still has 44.8% market dominance so that coin moves the market.

Hedera

https://hedera.com/

f(x)

https://functionx.io/

13 : 07 : 19 (from 7:53pmCST 7/5/2021)

Function X Mainnet will be going live

Expand full comment