IT BEGINS !!

SilverSale said:
In my personal opinion, the next bull run in crypto’s has just begun!!!

I could post a number of charts to support my view, but it is a couple of days before Christmas and to be honest I can’t be bothered. Perhaps another day I will :)

First quarter of 2020 I believe should see the initial run north, then later in 2020 things should really heat up.

I am not a financial advisor & crypto’s can be risky. Do your own research.

A few coins I believe are relatively cheap at time of writing.

Bitcoin Cash ~ AU $280
Ripple/XRP ~ AU 28c
Litecoin ~ AU $60
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looks like you’re clocked off the forum but would be good to hear your current thoughts
 
wrcmad said:
Not sure, but indications are already there.
Regulation of exchanges?
Regulation of the financial industry and institutions against facilitation of exchange in cryptos?
Using anonymity of cryptos as the excuse to stamp out such practices (real or make-believe) as money laundering, cross-border transactions, and tax evasion, illicit activities, financial terrorism?
I Australia, the trend for the Govmint to eliminate anything good thing they want is to tax the shyte out of it - they remain innocent of banning or censorship, and increase "revenue" until said item is no longer popular.

It has already begun: https://www.bloombergquint.com/opinion/caveat-crypto-beware-purveyors-proponents-of-cryptocurrencies

Not even sure they will be able to totally stamp it out, but they could make it more difficult than it's worth.
At the very least it wont be difficult to flush out all the current blow-ins to the BTC euphoria (mum & dad, Aunty and Grandma), and that will surely hurt it.
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Is there a white elephant in the room that nobody dares mention lately? I had a gut feeling, and now I think it's coming.

"As the push to regulate crypto continues to grow and law enforcement become increasingly engaged with the crypto space as a result of cybercrime, the crypto world finds itself at something of a precipice.

In the coming months and years it will be tested as the crypto world attempts to adapt to new regulations, government oversight and concerns about its utility as a technology.

How exactly crypto will fare amid this uncertain future is challenging to predict, but as crypto enters the crucible it is increasingly clear that what emerges in the coming years, will be quite different to what we see before us now.

Bitcoin’s awful week as cryptocurrency prices continue to fall (news.com.au)"
 
In the coming months and years it will be tested as the crypto world attempts to adapt to new regulations, government oversight and concerns about its utility as a technology.
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“The crypto world”? Like there’s only one project? Or we all have the same agenda and same game plan?

Nah. This is the problem when no-coiners pose as experts in cheap news outlets.

The author in April 2020 on the “impending” Oz property crash:

Tarric Brooker said:
Eventually it appears the government and RBA efforts may be overwhelmed by the sheer scale of attempting to arrest falls in property prices as the incentive to hold property evaporates, whether due to demographics, unemployment or changing personal circumstances.
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https://medium.com/@avidcommentator...-over-australian-property-market-5e71c07b8681

Go Tarric you good thing you!!
 
wrcmad said:
...concerns about its utility as a technology.
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This is an obvious tell.

Governments do stupid things all the time. Maybe they will try and over-regulate or ban it, but it's a dumb move. Probably the equivalent of trying to ban the printing press centuries ago, or the internet in the 90s.

Who knows what they'll do. Nobody knows the future and anyone who claims to is a charlatan.
 
BuggedOut said:
Maybe they will try and over-regulate or ban it, but it's a dumb move.
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They banned plastic bags.
They banned travel.
They banned tax-loss-selling.
They banned Huawei.
They banned fireworks.
They banned alcohol advertising.
They banned dividend stripping.
They banned Trump tweets.
They banned meat pies and finger buns in schools.
They banned online poker.

Crypto is a lightweight ban.
 
Last edited:
They sanctions and
but the counter sanctions law wow
and one just need to be inside the black list
and buy into 200 companies
when the counter sanctions law kick in
its getting interesting
 
Lol, the thread is from 2019 the guy was right. I think he earned really good money from this bull run. I hope I entered the market at the beginning of 2020, but unfortunately, I entered in December 2020. I also have profit but not that significant. Btw here are good Lifeforex predictions. They usually predict prices very accurately.
 
Have a closer look.

On 23-Dec-2019 the BTC price was $7,355 and Total Market Cap was $194,426,248,164

First quarter of 2020 I believe should see the initial run north
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In just over 3 months (1st Qtr of 2020) BTC dropped to $4,970 on 13-Mar-2019 which was a loss of over 30%

Then he goes on to pick some "undervalued" coins, all which have horribly underperformed.

Benchmarks Then vs Now :-
BTC : $7,355 to $35,685 = +385%
Total Market Cap : $194,416,248,164 to $1,484,354,416,859 = +663%

Compared to his picks :-
Bitcoin Cash : $280 to $556 = +98%
Ripple : 0.28 to 0.75 = +168%
Litecoin : 60 to 153.46 = +155%

If he was a fund manager he'd be getting sacked hard for an underperformance on recommendations like that.

Truth is anyone could have predicted a bull market over the last few years and claimed to be right. I'm not saying he hasn't made money (good luck to him) but give credit where it's due.
 
Whoever ‘they’ are. None of these things have been banned.

wrcmad said:
They banned plastic bags.
They banned travel.
They banned tax-loss-selling.
They banned Huawei.
They banned fireworks.
They banned alcohol advertising.
They banned dividend stripping.
They banned Trump tweets.
They banned meat pies and finger buns in schools.
They banned online poker.

Crypto is a lightweight ban.
Click to expand...
 
Waves. Currently tax loss selling here. And it's legal.

Haven't been able to buy fireworks in Qld since I was about 8. Legally. I do a good job losing bits of my fingers with kitchen knives and drill bits instead.
 
mmm....shiney! said:
Waves. Currently tax loss selling here. And it's legal.

Haven't been able to buy fireworks in Qld since I was about 8. Legally. I do a good job losing bits of my fingers with kitchen knives and drill bits instead.
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Not sure of your age , but there was a brief period of a couple of weeks in the mid-to-late 90s when I was at uni during which sellers discovered a loophole in the fireworks legislation. Temporary shops popped up everywhere selling them. You just had to sign a declaration stating they were being purchased for public exhibition, which could be interpreted as having a few mates around to watch them. The pollies closed the loophole pretty quick, but it was fun while it lasted.
 
Brendio said:
Not sure of your age , but there was a brief period of a couple of weeks in the mid-to-late 90s when I was at uni during which sellers discovered a loophole in the fireworks legislation.
Click to expand...

I bought some online sometime after that, early 2000's I'd say. Had fun with the kids. And if I was ever in Canberra, I'd go to Fishwyck - just for the fireworks. ;)
 
^^^
You caught him red-handed….

PS-Just PM shiney which stall you’ll visit in fishwyck…to get ‘mates-rate’
 
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