ETH possible FOMO soon
Ethereum is leading. Bitcoin is looking so sad next to it.
Central banks are interested in a new world currency, Russia and China have abandonned the USD, this year their share of the usd in trade has fallen below 50%!
Last year they swore they would abandon SWIFT (lol I worked as a swift expert for a while they had some garbage 1960 system and 5-10 years ago were making this big revolution where they were slowly evolving towards xml waow 😂 They're so outdated. 1 more useless thing I learned at school. I also experienced having nice friendly Iranian clients then not having these Iranian clients because the United States of Globalism said so I bet Iran will be more than happy to join a new Russia-China system for intl transactions)
So swift handles around 30 million tx a day, which is more than what intl trade requires, a crypto running on ETH or a clone could handle this. The world will never use ETH but if baggies think it can happen up we go. I remember banks had some issues with certain tx where they have to exchange mails etc, so it needs to allow some conflit resolution, some manual interventions, not "all is final".
Central banks have been looking alot in smart contracts. They are interested in eth features (not eth itself thought don't dream) and not at all in any of "dinosaur prototype" bitcoin ones.
I don't really know how good their platform is but ETH PF could be a sort of support for other currencies and ETHER used as a medium for large tx or something, not a day to day small purchases basis. Not saying it is likely, what matters is other people think it can happen and will buy.
ETH could be used by a part of the public for internet things. Mostly the investors that want the price to go up. China & Russia can come up with something better and backed by them.
China is ultra libertarian when it comes to itself, how hypocrite, and then inside the country they destroy statues of Buddha and allow only 1 way to think.
Freedom for me, freedom for those that think like me, permanent mosquitoe bites for everyone else.
I'm sure we'll know more in january 2021. Even if it leaves us with more questions than answers we'll know what directions we consider going at least.
ETH will rally strongly but pullback significantly at some point, and by then BTC should have slowly gotten to around 13k how interesting.
Hey maybe Bitcoin pulls a railway bubble on us?
Funny how precise ETH is with TA
Hey, and guess which crypto my brother started mining a couple of months ago?
Lucky little... Or it's actually because it was interesting to mine that it went up?
And ETH did this textbook elliot wave 12345 up then ABC down, and retraced
I think buying and hodling is stupid. Especially when it does obvious moves and stops at obvious levels.
I'd wait for the break, then a pullback and then I'd buy in the red and trail it as long as it goes while being careful at key levels (maybe a tighter stop).
It should take 3 to 10 days to get 15-20% out of it. If it's too slow I'd get out unless it's diagonal and clean.
Here are silver & gold big breaks
Central banks are interested in a new world currency, Russia and China have abandonned the USD, this year their share of the usd in trade has fallen below 50%!
Last year they swore they would abandon SWIFT (lol I worked as a swift expert for a while they had some garbage 1960 system and 5-10 years ago were making this big revolution where they were slowly evolving towards xml waow 😂 They're so outdated. 1 more useless thing I learned at school. I also experienced having nice friendly Iranian clients then not having these Iranian clients because the United States of Globalism said so I bet Iran will be more than happy to join a new Russia-China system for intl transactions)
So swift handles around 30 million tx a day, which is more than what intl trade requires, a crypto running on ETH or a clone could handle this. The world will never use ETH but if baggies think it can happen up we go. I remember banks had some issues with certain tx where they have to exchange mails etc, so it needs to allow some conflit resolution, some manual interventions, not "all is final".
Central banks have been looking alot in smart contracts. They are interested in eth features (not eth itself thought don't dream) and not at all in any of "dinosaur prototype" bitcoin ones.
I don't really know how good their platform is but ETH PF could be a sort of support for other currencies and ETHER used as a medium for large tx or something, not a day to day small purchases basis. Not saying it is likely, what matters is other people think it can happen and will buy.
ETH could be used by a part of the public for internet things. Mostly the investors that want the price to go up. China & Russia can come up with something better and backed by them.
China is ultra libertarian when it comes to itself, how hypocrite, and then inside the country they destroy statues of Buddha and allow only 1 way to think.
Freedom for me, freedom for those that think like me, permanent mosquitoe bites for everyone else.
I'm sure we'll know more in january 2021. Even if it leaves us with more questions than answers we'll know what directions we consider going at least.
ETH will rally strongly but pullback significantly at some point, and by then BTC should have slowly gotten to around 13k how interesting.
Hey maybe Bitcoin pulls a railway bubble on us?
Funny how precise ETH is with TA
Hey, and guess which crypto my brother started mining a couple of months ago?
Lucky little... Or it's actually because it was interesting to mine that it went up?
And ETH did this textbook elliot wave 12345 up then ABC down, and retraced
I think buying and hodling is stupid. Especially when it does obvious moves and stops at obvious levels.
I'd wait for the break, then a pullback and then I'd buy in the red and trail it as long as it goes while being careful at key levels (maybe a tighter stop).
It should take 3 to 10 days to get 15-20% out of it. If it's too slow I'd get out unless it's diagonal and clean.
Here are silver & gold big breaks
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