Bitcoin. A warning.

[Meow!]

Just came across a video that I knew should be shared. Now I know that the Clergy have said that another way to donate is being looked into which I'm so glad for. Because videos like this make me worried about the Hall.

Things like Bitcoin with nothing real to hold or back them were never ment to stay long. So for anyone invested in this stuff I suggest pulling out now while you can.


Hail Father Zeus

 

[Dragonheart666]

Just came across a video that I knew should be shared. Now I know that the Clergy have said that another way to donate is being looked into which I'm so glad for. Because videos like this make me worried about the Hall.

Things like Bitcoin with nothing real to hold or back them were never ment to stay long. So for anyone invested in this stuff I suggest pulling out now while you can.


Hail Father Zeus

WOW, that's not good.

 

[SrivatsaKouros]

Yes, this is something to consider for those who have a lot of money invested in Bitcoin and other cryptocurrencies. Also, in terms of the Stock Market and the general global economy, there could be some tough times ahead. Everyone should be prepared for this as best they can. Things have to get worse before they can get better. The current corrupt system has to fail for a new, better financial system to take its place.

 

[Henu the Great]

It is 2026, no, it is not going to zero this year, or the next. However, it will eventually happen when the financial system is restructured. Until then, enjoy the ride.

 

[V12-POWER]

Complete bear market and devaluation, yes. But its not going to 0, never gonna happen, it has its place in society. Its not an useless asset. The reason why Crypto is acting like this is because there are nefarious actors and blatant criminals and market manipulators like CZ, criminal exchanges like Binance and a lot, a lot of insiders who have ties with them, they can do a lot of coordinated selling/buying to fool and liquidate normal people like you and me. Since the October crash sentiment got super low and nothing ever recovered. FUD like this is normal when things go low, this is just the mass mind of the retail so dont get scared when big Crypto names start acting like its the end of the world. People with experience know this is normal they just want you out. Bitcoin at 67k (67000 USD!!!) is just -45% from ATH. This is nothing apocalyptical in any way...

But remember that Trump pardoned this motherfucker, CZ, then shortly after the market crashed in such unimaginable way. Until this guy is electrocuted or put behind 2 inch wide bars, sentiment will be ultra bearish. This is just the reality, this or that Trump just stays the fuck out of Crypto, what made crypto attractive was that it was never meant to need (((government))) aid anyways.

Be wise, do your own research, SPECIALLY on moments like these. There is good money to be made. Yeah I also lost some, but its better to take the L and just move forward.

 

[Henu the Great]

Complete bear market and devaluation, yes. But its not going to 0, never gonna happen, it has its place in society. Its not an useless asset. The reason why Crypto is acting like this is because there are nefarious actors and blatant criminals and market manipulators like CZ, criminal exchanges like Binance and a lot, a lot of insiders who have ties with them, they can do a lot of coordinated selling/buying to fool and liquidate normal people like you and me. Since the October crash sentiment got super low and nothing ever recovered. FUD like this is normal when things go low, this is just the mass mind of the retail so dont get scared when big Crypto names start acting like its the end of the world. People with experience know this is normal they just want you out. Bitcoin at 67k (67000 USD!!!) is just -45% from ATH. This is nothing apocalyptical in any way...

But remember that Trump pardoned this motherfucker, CZ, then shortly after the market crashed in such unimaginable way. Until this guy is electrocuted or put behind 2 inch wide bars, sentiment will be ultra bearish. This is just the reality, this or that Trump just stays the fuck out of Crypto, what made crypto attractive was that it was never meant to need (((government))) aid anyways.

Be wise, do your own research, SPECIALLY on moments like these. There is good money to be made. Yeah I also lost some, but its better to take the L and just move forward.

You forgot that Bitcoin has done this numerous times in the past. It is part and parcel of halving cycles. Yes, market manipulation is the norm, but not to this extent. And lastly, this thing is not going to last forever, just for now, in this particular time and space.

 

[Aquarius]

Everyone on the internet has on opinion on Crypto, you can write bitcoin on youtube and find thousands of people with all different ideas.

HP HC knows better.

 

[V12-POWER]

You forgot that Bitcoin has done this numerous times in the past. It is part and parcel of halving cycles. Yes, market manipulation is the norm, but not to this extent. And lastly, this thing is not going to last forever, just for now, in this particular time and space.

Yeah I know, everytime it happens its the same story. I am not saying this is "digital gold" or that it will be worth a million or whatever, but it has its practical uses its not gonna go to literal zero, this is a naive take on the tech. And this is coming from someone who hates Non-physical money...A pullback from ATH of -45% is just your average day in Crypto. The retail is stupid, when things go up they think its gonna get to the moon. When things go down they believe they're done for good. BTC had a massive rally, nobody should expect things to go up in value forever without interruptions.

 

[Shadowcat]

Just came across a video that I knew should be shared. Now I know that the Clergy have said that another way to donate is being looked into which I'm so glad for. Because videos like this make me worried about the Hall.

Things like Bitcoin with nothing real to hold or back them were never ment to stay long. So for anyone invested in this stuff I suggest pulling out now while you can.


Hail Father Zeus

I am also hoping another secure way for donation will be brought about that doesnt involve crypto. Its unrealistic to go back to something like paypal but having to go through the extra hoops and ridiculous exchange fees is far from ideal, not to mention certain cryptocurrencies and apps are not supported by every country or every state, and some have delays in exchange and sending funds. I used to use bitcoin with trust wallet and it was actually very simple enough at first, then BTC started charging ridiculous fees at almost 50 percent even of what was being exchanged. When i saw the other crypto at the time that was a better option was not supported by trust wallet (maybe its different now) i had to use another app, one that was more roundabout for me and less straightforward for finding where and how to send funds which was frustrating, and the Eth i use now also is increasing in exchange fees. Its obviously all we have right now so ill be gritting my teeth and bearing it because donations are important but i do absolutely hate the process and annoyances it brings.

 

[Nordicsupreme]

The possibility of it hitting USD 0 in the near future is very low
There is still USDT/USDC which can be used. Since its pegged against the US Dollar it is comparatively safer
There are always other avenues which are being sought for donations.

 

[Henu the Great]

Everyone on the internet has on opinion on Crypto, you can write bitcoin on youtube and find thousands of people with all different ideas.

HP HC knows better.

The majority makes the money for the minority in the markets. That's the way it is, and that's the way it is going to be.

 

[Henu the Great]

I am also hoping another secure way for donation will be brought about that doesnt involve crypto. Its unrealistic to go back to something like paypal but having to go through the extra hoops and ridiculous exchange fees is far from ideal, not to mention certain cryptocurrencies and apps are not supported by every country or every state, and some have delays in exchange and sending funds. I used to use bitcoin with trust wallet and it was actually very simple enough at first, then BTC started charging ridiculous fees at almost 50 percent even of what was being exchanged. When i saw the other crypto at the time that was a better option was not supported by trust wallet (maybe its different now) i had to use another app, one that was more roundabout for me and less straightforward for finding where and how to send funds which was frustrating, and the Eth i use now also is increasing in exchange fees. Its obviously all we have right now so ill be gritting my teeth and bearing it because donations are important but i do absolutely hate the process and annoyances it brings.

I would have sent a private message, but I can not send you one.

Have you tried Kraken.com?

It could not be simpler: make a wire transfer or credit/debit payment. Wait. Buy as per your choice, instant access. Then make a transfer instantly to your own wallet, or to someone else's wallet. Profit. (Choose an option with low fees, there are such.)

 

[Shadowcat]

I would have sent a private message, but I can not send you one.

Have you tried Kraken.com?

It could not be simpler: make a wire transfer or credit/debit payment. Wait. Buy as per your choice, instant access. Then make a transfer instantly to your own wallet, or to someone else's wallet. Profit. (Choose an option with low fees, there are such.)

I downloaded kraken. with this one specifically it had me register then asked for a password over and over again not letting me log in and any reset i tried to do was not successful, then there's the idiot captcha things that just endlessly reset and refuse to go away. That's the other thing with these, the stuff they put you through the ringer for just for registration. The app i have now works more or less(for now), and the only option of the crypto accepted in the HoO that this app uses and has the networks for is the ETH. Someone else referred me to an online platform that i was denied access to because i am in the states. binance also is denied access in my state and other states here. So yes, There are some cryptos with lesser fees, i even tried to use one and my app did not have the network it needed to transfer the funds so i had to convert it to ETH and i lost some. Again due to geographical location limitations and the fact that not every Cryto and its network will be on the app one CAN use, the best exchange fees wont always be possible imo. Plus theres the constant technical issues with a lot of these crypto apps like what i had with kraken.

 

[Henu the Great]

I downloaded kraken. with this one specifically it had me register then asked for a password over and over again not letting me log in and any reset i tried to do was not successful, then there's the idiot captcha things that just endlessly reset and refuse to go away. That's the other thing with these, the stuff they put you through the ringer for just for registration. The app i have now works more or less(for now), and the only option of the crypto accepted in the HoO that this app uses and has the networks for is the ETH. Someone else referred me to an online platform that i was denied access to because i am in the states. binance also is denied access in my state and other states here. So yes, There are some cryptos with lesser fees, i even tried to use one and my app did not have the network it needed to transfer the funds so i had to convert it to ETH and i lost some. Again due to geographical location limitations and the fact that not every Cryto and its network will be on the app one CAN use, the best exchange fees wont always be possible imo. Plus theres the constant technical issues with a lot of these crypto apps like what i had with kraken.

You do not need to download anything. You can access their website and handle business through it. That is why I said it does not get any simpler than the process I laid out. I do not quite understand why you are having state-specific restrictions since the services are publicly available on the federal level. Can you provide "small print details" on why you are having these issues, or is this a case of user error?

About identification; It is the same with banks. Due to regulations, these exchanges, most of them anyway, need to know who you are, so they ask for identification, which is done on digital devices these days.

Yeah I know, everytime it happens its the same story. I am not saying this is "digital gold" or that it will be worth a million or whatever, but it has its practical uses its not gonna go to literal zero, this is a naive take on the tech. And this is coming from someone who hates Non-physical money...A pullback from ATH of -45% is just your average day in Crypto. The retail is stupid, when things go up they think its gonna get to the moon. When things go down they believe they're done for good. BTC had a massive rally, nobody should expect things to go up in value forever without interruptions.

Quantum computing says hold my beer. That is why I am not seeing these things last as they are forever, because that is simply an impossibility. With changes, the market caps change. The whole landscape changes, so the value and thus the price, adjusts. Not to mention that this whole debt-based system is going to change eventually. The practical use you are referring to has been adopted to so many other forms of transactions, it is not unique. But it is a damn good speculation vehicle for the time being.

 

[Shadowcat]

You do not need to download anything. You can access their website and handle business through it. That is why I said it does not get any simpler than the process I laid out. I do not quite understand why you are having state-specific restrictions since the services are publicly available on the federal level. Can you provide "small print details" on why you are having these issues, or is this a case of user error?

About identification; It is the same with banks. Due to regulations, these exchanges, most of them anyway, need to know who you are, so they ask for identification, which is done on digital devices these days.


Quantum computing says hold my beer. That is why I am not seeing these things last as they are forever, because that is simply an impossibility. With changes, the market caps change. The whole landscape changes, so the value and thus the price, adjusts. Not to mention that this whole debt-based system is going to change eventually. The practical use you are referring to has been adopted to so many other forms of transactions, it is not unique. But it is a damn good speculation vehicle for the time being.

The geographical issue restrictions were not with kraken they were with other apps. For example when i tried to register with Binance it told me i wasnt allowed to make an account in my state. The other website told me it restricted access from the states. (i think it was just for some overseas countries) I can try the kraken website itself and see where it gets. its not having to upload ids and such that were the issue for me with registration, it just seemed that there was a lot of bugs that wouldn't let things go through with passwords and trying to log in after making the account itself on the kraken app (not the website), as well as some other apps i tried in the past. I currently use crypto.com and its an app that i have on my phone. Its not my favorite.