Bitcoin Crash. Crypto Market. Bitcoin’s Fake.
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“Crypto is literally just made up BS”
That’s what this man, David Gerard has to say. And he’s not the only one that believes this. Over the past few weeks I’ve had article after article sent to me stating the crypto market is a lie. And at first my reaction was “yeah.. Yeah.. another hit piece. Who cares”
But the more I dug in the more the arguments made sense.. And this led me to the question “what if crypto is actually far smaller and shadier than we think?”
Does that mean any investment here is doomed to lose money or is this just a new market working out its kinks. I needed to learn more…
Bitcoin news
Crypto news
Bitcoin prediction
Crypto crash
Crypto market
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Funny enough that this is really bullish.. There is a LOT of potential and a lot of price movement to the upside to come! 😉
I can also say that as a film production point of view your quality is quite poor and its hard to believe you have so many hundreds of workers under your name….
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Something is missing you keep talking about trading one fake valued coin to another fake valued coin, that is not a money transaction, that would be like you giving me a handful of dirt for a handful of sand and we tell everyone else it is worth billions.
You need to look at the trade to/from dollar, euro and other real world currencies and that is when the market just shimmer and disappear like it was a mirage
Best wash financial joke: isnt my joke but was something I saw on Quora and you can likely still find it. Someone asked a legit question about "what is money laundering" (some people might say why would anyone not know what money laundering is? well this stupid answer is not as stupid as some of the questions on quora.) but the answer was "counterfitors put money in the laundry machine to make it appear worn in and used instead of printed and fresh." Now I cannot attest to if this is true or not, I do know you can dry wet money this way although money dries just fine by itself, I know of people who iron money, I dont know if someone wants money to be worn, theres movies where you might need a ton of money that looks unorganized but theres fake prop money for that. I digress though.
Dude seriously thought money laundering was putting counterfit money in the laundry. Money laundering is what happens AFTER youre done putting money in the laundry machine. Lol.
In my unbiased opinion, Bitcoin is definitely not worthless. Its a market where buyers and sellers have priced in the possibility of losing it all, and if you ask "where" its the giant ceiling of resistance at 60k that also drove it down to its current levels. Its absurd to say BTC is worthless, by definition of worth it does indeed have worth. I would never be so blunt and presumptive.
Ethereum on the other hand is totally worthless. Why? Because its just a made up currency that no one knows how it works.
DISCLAIMER: I am long one of these coins and not the other.
Oh my God, you only now realized that if everyone needed their money from crypto assets to pay for things in a recession that the money wouldn't be there because nobody would be paying much as they also are trying to sell? That's like FTX claiming they hold billions in assets when all they have are unsellable tokens. The only thing propping up crypto now are third world citizens in collapsing economies trying to make their Dinars devalue less than a Dinar.
1Btc=1Btc im sure that
Ya what about all these tech stocks? They are hyped to infinity for a huge ico. Half or more will never be worth their initial offering. It's all one big smoke and mirrors. The whole economy is smoke and mirrors. One day the whole thing collapses and we all go back to small farms again lmfao. The bankers have destroyed everything.
Great video as always Max. Would be great if you can make a video, without any bias, comparing Bitcoin Core and Bitcoin SV, it’s history, investors, protocol changes, and their future, and who amping them follows the original Bitcoin protocol as designed by Satoshi Nakamoto. Thank you!
https://youtu.be/y6P2Ma1gaa0
That’s insane
Spoiler alert everything is made up, there are 20k projects and most of them are BS. The stock market holds lots of scam companies also… also after FTX who knows there could be more scam exchanges.
No on to the next one 😂
Crypto has no research so I don't buy it.
Thanks for the cool explanation on HALF, I think this method can be applied to other tokens, by the way, your opinion on the analysis of #GHNY would be interesting.
Aren't you heavily compromised in this analysis given that you're commercially sponsored by not one but two different crypto companies?
dislike this fud video. probably trying to lower price to buy cheaper. ha, on top of that became a bybit shiller?! gtfo
this video is half ads lmao I'm disappointed
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You can talk, but no value behind ur nice talks.
so are you off kucoin then? should I avoid them?
Bitcoin isn't crypto. Crypto IS made up bs. Bitcoin only, keep it in your own storage.
Cryptos are financial scam.
I also would like to have a market cap with price of each buy. (avg mcap)
Current price/mcap calculation method caused the black swans in the space.
When minting UST you calculate mcap of Luna according to "total_coins * last_bid". Then, if you try to liquidate, selling all Luna does not cover all USTs (cause order books).
Same with FTT, Celcius, or whatever collateral mechanism in defi protocols.
Same can be said for traditional market and stocks (companies get loans and debt with colletaralizing their assets) too. But they are more illiquid, so everyone selling at the same time is less possible.
I also would like to have a market cap with price of each buy. (avg mcap)
Current price/mcap calculation method caused the black swans in the space.
When minting UST you calculate mcap of Luna according to "total_coins * last_bid". Then, if you try to liquidate, selling all Luna does not cover all USTs (cause order books).
Same with FTT, Celcius, or whatever collateral mechanism in defi protocols.
Same can be said for traditional market and stocks (companies get loans and debt with colletaralizing their assets) too. But they are more illiquid, so everyone selling at the same time is less possible.
Max it's a really good video & thank you for the honest content. Perhaps you can consider collab with OKX since it's licensed in different countries, OKCoin is also a platform that is licensed in the USA, Japan, etc.
Watch documentary " Dirty Money" on netflix. False business transactions and false customer base is common. Wells Fargo has been known to do this. Creating fake bank accounts to lure investors …. Sadly many large financial institutions are severely over leveraged and desperate to inject liquidity in downturns because they could become liquidated.
Please don't buy crypto trading signals lmfao
BTC's "inherent value" based on "actual" use cases = $0.00
We have said it before any investment needs proper guidance and patience, notice how bulletproof BTC is despite the bear market cycle.
So you just now figured out that market cap is BS fake liquidity and wash trading is real? This has all been discussed ad nausium in the last bear market. But welcome to crypto