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Jesse Livermore

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Everything posted by Jesse Livermore

  1. I've posted about Eth’s issues a few times here. There’s been some major missteps, but the big one was switching consensus models from proof of work mining to proof of stake. It made it vastly more centralized. There's also the large pre-mine that early holders always have to dump on people. Variable monetary policy. I could go on. In the end with all of the altcoins you're just trying to find what will outpump the others. It’s usually based on what supposed apps could be built on them. Solana has been the favored one over eth for a while. No guarantee that will continue. I did pretty well with shitcoins before in 2017. But it was some big hits and some big losses with nice cap gains taxes to boot. I would've been better off just putting it all in Bitcoin. Since that cycle ended that's what I've done. My .02 is the easiest move is to invest and save extra money in Bitcoin. It will go up over time as we continue to print money. There are massive waves of capital that will be coming in via ETFs for years to come. Imo nation states will also join in. It’s the most sure thing of them all by a mile, still a ton of upside. You just need to have a longer time horizon. And of course I would recommend holding your own coins, but that's a whole other conversation. As for you @UpperWestside if you think negging every post of mine, as you have done literally THOUSANDS of times, will discourage me from enjoying the bull market here then you are sorely mistaken. 😘
  2. If they didn’t own the hardware and just “controlled the pools” of miners, then miners would just point their hash to a different pool. It’s not in the interest of miners that have invested millions of dollars in infrastructure to participate in a 51% attack of the Bitcoin network.
  3. You can amend it now and run your own code. It’s called a hard fork. But people would have to choose to run your code to make it worthwhile. Not going to happen. It’s all in the code.
  4. Always funny to go and look at these throwback posts from the absolute bottom. Whoops. Hard to believe, but there were plenty of similar posts by the usual suspects here. They've all disappeared except for Captain. Props to you for fighting the (not) good fight. Let’s look back. Did you do it??? The price that day was about $17,000. Oh
  5. Nevertheless, he persisted. Why are you on this thread? Have any thoughts?
  6. “Nothing else in the world... not all the armies... is so powerful as an idea whose time has come.” Don’t fight this is right.
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