No, it doesn't seem odd to me at all that 2 companies are in the exact same industry have similar charts. Go look up any two other companies in similar industries.
hate to break it to you but cryptocurrency doesnt rely on companies, but independent miners helping transactions be posted on the blockchain. - BTC hold 40% of the crypto market cap so most things move with it - see doge/btc for this relationship - coming from someone in the crypto community for 6+ years this highly common and normal
I've heard a LOT of people talk shit about BTC, it's Deep State, it was created by Bill Gates, MSM pushing how those that hacked the pipeline wanted BTC ransom, etc. However, I was relistening to Kim Clement prophecies the other day and he talks about how the Lord was going to use Bill Gates to create a currency that would be used to bring destruction to the deep state. I do think BTC is it. HOWEVER, be smart, buy low, sell high and ALWAYS set a stop loss!
Or that means the BTC is not as 'anonymous' as people expect and white hats can see everything even if they exchange shuffle. Maybe they are holding funds in cryptocurrency while crashing the US dollar and those cryptos get wiped out wrecking their bank accounts. Personally I'll take my chances with the US dollar for now.
I know he said Bill Gates would open a door for Christians, but which one are you talking about? I know Kim talks about gold a lot. Never realised he mentioned bill gates and currency in the same sentence.
Because for most of cryptos existance you could only buy BTC from places like coinbase. They've slowly added more entry points and entry coins, but almost all trading is done between BTC and another coin. So naturally if the trade price in BTC for a coin doesn't change much but BTC moves, the dollar chart of that coin will look very similar to BTCs
No...Bitcoin is the first and biggest...all other crypto follows it. People buy alt coins as they liquidate bitcoin gains so alt coins follow right behind. There are outliers from time to time but pretty much everything follows bitcoin
Not really its just that bitcoin has the biggest players and those players also hold a lot of alt coins as well...so bitcoin action almost always affects altcoin action
For sure, the silver - gold ratio is something like 60:1 when historically it's been within 15:1 range. Silver has been tampered down more by the COMEX and bullion banks.
It's important that people keep buying it up because the COMEX is bleeding out silver far more than it us taking in.
The less they have in their vaults, the less they can resell the same unallocated silver 100x over (since no one claims delivery usually until now)
Why do you think so? For me cryptocurrencies seems like great opportunity to set people free from current finance system. Even General Flynn said at some point that BTC might be a good option.
Cryptocurrency, yes. It removes the banking system from most transactions.
Current, unbacked, speculative cryptocurrencies? Not so much. They are pump and dumps, where Wall Street and elites hide money then manipulate the price.
No, it doesn't seem odd to me at all that 2 companies are in the exact same industry have similar charts. Go look up any two other companies in similar industries.
hate to break it to you but cryptocurrency doesnt rely on companies, but independent miners helping transactions be posted on the blockchain. - BTC hold 40% of the crypto market cap so most things move with it - see doge/btc for this relationship - coming from someone in the crypto community for 6+ years this highly common and normal
I jumped in a while back.
Made 36.4% profit from my investment.
Waiting to see the next bottom, then jump back in.
Quick way to make $$$
I've heard a LOT of people talk shit about BTC, it's Deep State, it was created by Bill Gates, MSM pushing how those that hacked the pipeline wanted BTC ransom, etc. However, I was relistening to Kim Clement prophecies the other day and he talks about how the Lord was going to use Bill Gates to create a currency that would be used to bring destruction to the deep state. I do think BTC is it. HOWEVER, be smart, buy low, sell high and ALWAYS set a stop loss!
I'm all in on anything the MSM tells me is bad!
Using it to destroy DS, does not imply it will be around in the future
Or that means the BTC is not as 'anonymous' as people expect and white hats can see everything even if they exchange shuffle. Maybe they are holding funds in cryptocurrency while crashing the US dollar and those cryptos get wiped out wrecking their bank accounts. Personally I'll take my chances with the US dollar for now.
I know he said Bill Gates would open a door for Christians, but which one are you talking about? I know Kim talks about gold a lot. Never realised he mentioned bill gates and currency in the same sentence.
Most cryptos rely on the price of bitcoin heavily. I'm sure someone has a good explanation as to why that is, but I do not.
Because for most of cryptos existance you could only buy BTC from places like coinbase. They've slowly added more entry points and entry coins, but almost all trading is done between BTC and another coin. So naturally if the trade price in BTC for a coin doesn't change much but BTC moves, the dollar chart of that coin will look very similar to BTCs
You must be new to crypto..
No...Bitcoin is the first and biggest...all other crypto follows it. People buy alt coins as they liquidate bitcoin gains so alt coins follow right behind. There are outliers from time to time but pretty much everything follows bitcoin
Not really its just that bitcoin has the biggest players and those players also hold a lot of alt coins as well...so bitcoin action almost always affects altcoin action
Diversify! Get some gold with your silver ;)
For sure, the silver - gold ratio is something like 60:1 when historically it's been within 15:1 range. Silver has been tampered down more by the COMEX and bullion banks.
It's important that people keep buying it up because the COMEX is bleeding out silver far more than it us taking in.
The less they have in their vaults, the less they can resell the same unallocated silver 100x over (since no one claims delivery usually until now)
Why do you think so? For me cryptocurrencies seems like great opportunity to set people free from current finance system. Even General Flynn said at some point that BTC might be a good option.
Cryptocurrency, yes. It removes the banking system from most transactions.
Current, unbacked, speculative cryptocurrencies? Not so much. They are pump and dumps, where Wall Street and elites hide money then manipulate the price.
It's just fiat with extra steps.
Gettin some tendies