Can I have a side ordering of shit, please! 💩

domcrypto (51)in #bitcoin • 6 years ago

Hello fellow Steemians! 😁

Anyone else having an especially shitty day? 😱
Well where to start... I know!

This never helps my mood, but the real itch that is KILLING me is (in my view) the main reason Bitcoin's price is dropping.
Let's get it out there, its the classical "I've missed out, fuck you!" attitude of all these anti-crypto freaks. It is driving me ma, lets take just this morning...

I switch on the news and there is a report about Bitcoin. I think: "Hey! This should be interesting". The news channel had invited their crypto "expert" to talk over Bitcoin and its woes.
All I can say is I was shocked... I cringed... I bit my lip... I couldn't believe the shit that was flying repeatedly out of this "experts mouth".
In 2018 you would think that these experts would have at least read ONE white paper in their lives. Right off the bat we got the generalist spiel that even a 7 year old could spew out...

"Appeared in 2009"
(Right off the bat it dates 2008)

"A Japanese guy named Satoshi Nakamoto made it and no one knows where he is"
(We don't know if it is a he, or even a group of people. We sure can't be sure he was Japanese and sources point to Satoshi being of commonwealth origin)

"its a digital currency"
(I think it is moving into a digital asset more than a currency, but ok...)

"it is based on cryptography"
(Yay! :D ... Sort of)

Then we moved into the whole...

"It is worth nothing"
(Its actually worth close to 10k at the moment 😐)

"It has no real value"
(Technically, nowadays neither does any currency 😓)

"It is a Ponzi scheme"
(Looks like the "expert" needs to read up on Ponzi... 😌)

"It will reach $0 eventually"
(So could Berkshire Hathaway's stock... 😆)

Then it went on and on, a graph came on screen showing a moving average. We then moved on to historical prices. Which is all well and good, but just like in the stock market "Past prices and movements cannot be seen as an indication of the future value".

Let's not even mention the fact that the report seemed like a carbon copy of a crap analysis from CNBC i saw a few weeks back... 🤔

Moving on from the news...**

Oh fuck me its down below 9k...

#steemit #life #blog #fuck

6 years ago in #bitcoin by domcrypto (51)

Sort:

domcrypto (51) 6 years ago

When you think "fuck it" while typing a post...

$0.08

1 vote

[-]

viog37 (46) 6 years ago (edited)

All these ''experts'' of course they are paid to inflict maximum damage in cryptocurrency. Of course that most, if not all the hits are aimed and executed at Bitcoin, which the way i noticed is considered to be the Queen of crypto world. Why are they doing that? Endless reasons. But the main ones are as follows:
A.manipulation - of prices (so that banks, institutions, and other whales to buy low and then sell high)
- of information (misleading and misguiding has always been the main tool of media and governments to suppress and/or misguide the population. This is the main tool usually used for the modern day slavery)
B. oppression - Blockchain technology is a very revolutionary technology. Just like churches (back in the medieval ages) governments are holding on to #Status Quo with their teeth. Having a decentralised currency, technology, services etc simply blows the control they have over everyone. By having no control anymore their presence and function is deemed pointless, useless (which it is anyway - as governments doesn't bring any profits or (good) contribution to the society they're governing)
C. money - Whoever does this gaming its end goal is earning as much cake from it. Simple as that. As the world is still clinged to fiat currency, this eppisode, attack or however you feel best on calling them, will keep happening as the end result is being rich in dollars, pounds, euros etc.

Now best thing we can do in this situation, is bring more knowledge to the world, HODL, and seek to promote spending and services as much possible in crypto coins.

Thank you.

$0.08

1 vote

[-]