• Lost_My_Mind@lemmy.world
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      5 months ago

      It’s like trying to watch a 5 year old lie about eatching chocolate, when theres chocolate on their nose.

      It would be funny and adorable if he weren’t so hateful and racist, with real world consequences.

  • Fedizen@lemmy.world
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    5 months ago

    there was a time when conspiracy loons would fearmonger about “digital currency” and “cashless society” and yet here we are…

  • scarabic@lemmy.world
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    5 months ago

    He realized that if you have a large number of people on remote control, you can do pretty well with Ponzi schemes.

  • Treczoks@lemmy.world
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    5 months ago

    “Don’t use Bitcoins! They are EVIL! Give them to me, I’ll take care of them!”

  • Lost_My_Mind@lemmy.world
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    5 months ago

    Everybody sell. You know how you can’t really tell when a stock is going to tank? Well, this time it’s like we’re doing economics with training wheels. You won’t get hurt, and you can see what’s coming. You just gotta sell now before the floor drops out.

  • db2@lemmy.world
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    5 months ago

    Bitcoin doesn’t move like the stock market. There’s no hedge funds to call to naked short a nonexistent Bitcoin Inc in to the dirt. This means nothing.

    That said I’d live bitcoin to go to a penny. I’d buy and hodl. I’d buy and hodl hard.

    That said, fuck Trump. But not literally because his lineage should be pruned.

    • HAL_9_TRILLION@lemmy.dbzer0.com
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      5 months ago

      Tin-foil hat time but I’d be willing to bet they have mechanisms to do something resembling naked shorting with crypto. I have no idea what that voodoo might be, but they conjure shares out of thin air for shorting stocks, and they’ve managed to package crypto into ETFs some-fucking-how so why not. I feel like I’m increasingly noticing that nothing really seems to crash anymore.

    • XeroxCool@lemmy.world
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      5 months ago

      Bitcoin has been moving like the stock market since 2020. Big investors got involved, small investors lost trust in stocks. I don’t fully expect the current halving to cause the rally like all the other times it halved. That is assuming it doesn’t keep bombing shortly after breaking $69,420, what I suspect is a meme sell limit price.

  • TheBigBrother@lemmy.world
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    5 months ago

    Bitcoin it’s nothing else than the way the west it’s fighting against the Chinese economy, it’s just making money anonymously where there is no money. Better than using the classic central bank method.

    • technocrit@lemmy.dbzer0.com
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      5 months ago

      This is somewhat of a conspiracy theory but I’m surprised it’s not a more popular conspiracy theory. I’ve always had the suspicion that crypto is an op by cia/nsa or like japan or somebody.

      • TheBigBrother@lemmy.world
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        5 months ago

        What’s better to sustain a fake economy than a mechanism to make money from nowhere anonymously? I mean isn’t like someone will push a button and do it, it’s more like the bigger owners of bitcoin are a handful of people/corps and they can easily coordinate their actions to manipulate the value. WO mention it trading on the stock market…