Dude.
So not only do we have BTC nuking, but all of the other crap that goes along with it. The structure of crypto in general, outside of the bitcoin network ironically, is about as stable as a paper house. When stuff starts going wrong and people begin really trying to move money across these bridges and off exchanges, they find out how shit the technology really is.
For instance, XPollinate Bridge, a really great idea for circumventing the expensive Ethereum Network and connecting xDai, BSC, and Matic, shut down today. I find this out trying to move money back to BSC from Matic to keep my banks from getting liquidated. So when I need it most, it doesn't work, of course. This is true of centralized exchanges as well.
What's more, the pressure gets to some people. WarOnRugs, a crypto audit channel focused on exposing rug pulls, rug pulled their audience and left crypto. The excuse was that the guy was tired of people's attitudes and that crypto is going down a shit path. I agree with him. The dumb money in doggie coins, the world's deference to Elon Musk, and people's lack of education about what crypto really is bothers me as well. But what he didn't realize is this shake out is the shake out OF THOSE PEOPLE. But I get it. When the pressure's on, you do stupid things that are out of character.
So everyone is going nuts and there may be more downside. Hell, if the bitcoin cycle pattern breaks and the world shows itself completely unready for crypto, we could enter a bear market. Perhaps the institutions and governments then get to lap up all of the crypto and centralize its economics even though they couldn't hack the blockchains. Who knows.
All I know is I feel incredibly less nervous than I thought I would in my worried dreams about this scenario. My portfolio is deep in the red, and I almost made some crap trades out of nervousness. (Ended up making some pretty smart ones, though, I feel. Cycle out of low APY pools, shore up banks, borrow back into high APY shitcoin pools. That way, I actually increase my exposure to the market and APD while the market itself is at a lower market cap. It's like using the bear market to rewind time and fix mistakes!)
And the bottom line is this: I want Gary V out of the market. I want Alex Becker's faggit ass out of the market. I want Meet Kevin and Graham Stephan and Andrei Jikh out of this fucking market. I don't want Logan Paul NFTs and all of these sorry ass Forex traders coming over here and these passive profit pussies destroying projects with their selfish yield farming. If the market nukes, all of these rats and roaches will go back into their holes and we'll have a much clearer path forward to enrich ourselves while improving the world politically with democratized economics and sovereign wealth opportunities.
Do you think Axie Infinity's improvements on remittances will stop just because a few noob crybabies lost some money? Do you really think that the blockchain conferences being held in Dubai and Miami are going to stop because of this? You think that I'm personally going to run back to a lifestyle as a fiat slave because of a little dip? No. I'm going to pay my dues and come out of this financially free and poised to help create a new world. Even though I hate on folks like Ivan on Tech and Elliotrades, I have to respect even these faggits for waiting out a bear market and becoming influencers and heads of development teams and overall living great lives. I want that to be me. This dip is nothing. I was here when the total market cap of the entire crypto market was half a trillion. We're still a 4X from there. If we go back to $500B, maybe I'll start to get scared.
Win or lose, I would much rather have Satoshi's crypto market than the casino we have today. This requires flushing. If you are in this for the right reasons, you'll stick around. If not, see ya. This shit is a fucking pillow fight.
Be fully prepared for BTC$30k within the next week.
———
AlucardCrypto Telegram JoinUp Link ---> https://t.me/alucard0x
Once we hit 10K followers on Publish0x, we're doing exclusive AMAs. I believe that's a first here, so let's do it!
YOUR GUIDE TO MAKING MONEY IN CRYPTO STARTS HERE ---> Making Money in Crypto Part 1
Why you should buy your Tesla (and everything else) in BTC ---> Why You Should Buy Tesla With Bitcoin
Find out why Chainlink 2.0 is a problem for your freedom ---> Why Chainlink Will Kill Crypto
Gems I'm investing in:
Privacy - Swirl
Health - Defit
Banking - Fortube
Gaming - Abyss