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I’m more bullish than ever. Bitcoin is having the largest purge of toxic waste in its history.

All Cryptocurrencies

by COINS NEWS 133 Views

Even bigger than the historic ‘Blocksize War’. More details here.

Here’s a list of the most notable turds flushed down the toilet on the Bitcoin ecosystem on this cycle:

  • Massive Bitcoin scams masquerading as “Lending Platforms”

  • Illiquid and fractional reserved “Bitcoin Banks”

  • Institutional speculators and manipulators

  • Masses of gamblers and short-term traders

  • Over-leveraged players

  • Inefficient and unprofitable miners

  • Tons of shitcoins

  • “Crypto” euforia and influencers

  • ‘Yield-seekers’ giving away their coins

  • Bears, shorters and trolls

  • “Technical Analysis” gurus

  • 1st time weak newbies and paperhands

  • Elon Musk

Good riddance!

Bitcoin is getting primed for the next bull run, whether it is this or the next year.


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