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[DownLikeBCPowder]

I've been enjoying the God candles

Indeed, my ADA exploded this morning, was surprised he mentioned that one by name.

 

[Ironbunny]

Indeed, my ADA exploded this morning, was surprised he mentioned that one by name.

Yup this is great

 

[Venom Snake]

Yup this is great

I'll believe it when i see it. I'm fed up with situations in which markets move blindly based on mere posts on social media.

 

[DownLikeBCPowder]

I'll believe it when i see it. I'm fed up with situations in which markets move blindly based on mere posts on social media.

Whether in the United States or elsewhere, sovereign entities will be buying Bitcoin. No worries.

 

[Venom Snake]

Whether in the United States or elsewhere, sovereign entities will be buying Bitcoin. No worries.

Of course they will, it's sort of inevitable.

However, i am not waiting for what buyers will do, but for regulators who will set clear rules and provide protection for investors.

The scale of manipulation, fraud and insider trading that we are currently observing is far from the fundamentals of crypto.

I would like adoption to be based on new market products and technologies for the masses, and not just accumulation of exit liquidity.

 

[DownLikeBCPowder]

Of course they will, it's sort of inevitable.

However, i am not waiting for what buyers will do, but for regulators who will set clear rules and provide protection for investors.

The scale of manipulation, fraud and insider trading that we are currently observing is far from the fundamentals of crypto.

I would like adoption to be based on new market products and technologies for the masses, and not just accumulation of exit liquidity.

Fair enough, but to what personal end is that exactly? Just curious. Those things will come, as you say, inevitably.

 

[Venom Snake]

Fair enough, but to what personal end is that exactly? Just curious. Those things will come, as you say, inevitably.

I would like retail to also be one of the driving forces behind this industry again, to be able to participate in creating trends both as investors and consumers, on a larger scale.

Because for now they are treated as dumb money mostly, which effectively pushes them out of the space, making crypto an asset of a highly manipulated, centralized nature, which fundamentally contradicts its original purpose.

The longer it resembles a casino, the slower mass adoption will be.

At the moment, i am sitting on a life-changing bag, but i would like to have more opportunities to use these resources rather than sell everything at the next peak in the cycle.

 

[DownLikeBCPowder]

I would like retail to also be one of the driving forces behind this industry again, to be able to participate in creating trends both as investors and consumers, on a larger scale.

Because for now they are treated as dumb money mostly, which effectively pushes them out of the space, making crypto an asset of a highly manipulated, centralized nature, which fundamentally contradicts its original purpose.

The longer it resembles a casino, the slower mass adoption will be.

I can understand that - but I rather like the Wild West atmosphere. Crypto is made to circumvent these sort and their machinations, so I'm hesitant about giving them keys to the kingdom, so to speak. The good news is that there are other cryptos that will continue to exist mostly outside of these systems, like XMR, just as there are cryptos that seek to be strongly integrated into the existing system. But as far as "casino" mentality, the reality is those looking to enter the space seeking to avoid that as best possible should stick to Bitcoin and hold their own keys, while those looking for something more experimental can find it. I wouldn't want too much regulatory strength in this area - I'm not sure to what extent it's honestly needed. Retail is coming regardless, it feels like. The crypto world is night and day from 2012, or even 2017. The standard market is highly manipulated as well in various ways, so I'm not sure that further integrating crypto will cause that to end.

 

[Venom Snake]

I can understand that - but I rather like the Wild West atmosphere. Crypto is made to circumvent these sort and their machinations, so I'm hesitant about giving them keys to the kingdom, so to speak. The good news is that there are other cryptos that will continue to exist mostly outside of these systems, like XMR, just as there are cryptos that seek to be strongly integrated into the existing system. But as far as "casino" mentality, the reality is those looking to enter the space seeking to avoid that as best possible should stick to Bitcoin and hold their own keys, while those looking for something more experimental can find it. I wouldn't want too much regulatory strength in this area - I'm not sure to what extent it's honestly needed. Retail is coming regardless, it feels like. The crypto world is night and day from 2012, or even 2017. The standard market is highly manipulated as well in various ways, so I'm not sure that further integrating crypto will cause that to end.

I think it's worth trying tho.

Because the crypto market is still internally linked across all levels of risk, whatever bad happens because one group, the others also lose out, big .

I would like projects with utility applications to finally branch out of this mess, benefiting users in everyday life cases, but as we see, this is not in the interest of market manipulators.

Smart money's pursuit of as many revenue streams as possible has marginalized many such projects, clearing the way for greedy brokers, VC's, false "educators" and scammers creating a structure based on a conflict of interests aimed at liquidating retail participants as quickly as possible.

This is where regulators should come in and start cleaning up, otherwise crypto will always remain mostly a casino for degens and not a developing technology such as internet or mobile telephony.