Charting is for ninnies

B**, [May 23, 2021 at 16:17:44]:
Confluence. The dreamers think it's a sign of impending upward trend 😄🤣😂

It could be. But better to flip a coin than bet so heavy

DLC, [May 23, 2021 at 17:08:00]:
Oh Gawd "charting"

B**, [May 23, 2021 at 17:08:12]:
So, whaddaya reckon? Up? Down?

DLC, [May 23, 2021 at 17:08:28]:
Down.

For a while.

Especially if that goddamn Tether scam is finally called.

But when that happens will be interesting, as everyone will try to dump their Tether at once, causing a massive spike in BTC and others.

THEN

I feel it'll be a massive drop as people try to get out the doors to fiat

Now, this can be moderated by a few things - other "stablecoins" such as USDC and the like. But some of them are also a bit iffy (though nobody as ridiculous as Tether)

And in a very strange manner, Tether might just "keep going" even if it is shown unequivically to have no backing as they claim it does. It's just too widely used. Perhaps it could just soldier on somehow as a crypto zombie "fiat"

Long term I am bullish though on the core concepts and a few of the more useful cryptos like BTC/ETH

BCH I will begrudgingly accept that they have made a place for themselves. BSV is utter trash and poison.

DOGE has on it's side only that it was fun and Elon Musk tweets about it.

The code is antiquated. It took the original developer 2 hours of work to fork Bitcoin and turn it into a dog coin.

The current github ffs won't even compile (thought the dev-1.21 branch does compile, albeit it has no correct graphic assets)

FreeTON I think is interesting technically and can do all the things of Ethereum but without the PoW mining dilemma.

However I still cannot fathom the utter stupidity of calling a project "Free TON" (they use two separate words)

From a marketing standpoint this is just brain-dead. Hell just from a "search google" standpoint it's brain dead.

It's like naming your new project "Fun Cats". No-one will ever see it because of all the goddamn cat videos in the way