Is Ethereum gay? | beaniemaxi on Binance Square

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Is Ethereum gay?

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I love memes, but I hate memecoins. I hate the fact that random groups of traders can monetize IP that they didn’t create. And to make matters worse, they typically do it through insider cabal pump and dumps. Which creates carnage to the general crypto public that isn’t in on it.

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With Horizon, you don’t only need the value of your home equity to keep going up in order to stay solvent but now you need Bitcoin price to keep going up too. Or you simply lose your home. This is all made possible through some diabolical financial engineering. Should be illegal.

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This is the type of unethical financial engineering that makes me bearish on Bitcoin. All signs point to an eventual epic crash. The people that made Bitcoin special are mostly long gone. And now Wall Street has taken over. Could get a blow off top. But this is max unsustainable.

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The fact that Loudio can not hold market attention for even a few days is pretty bearish for alts. The most hated bull market is one that CT misses because it’s bidding “utility” that doesn’t exist. Are you prepared for 99% of crypto being worthless while being “right” as a bull?

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I don’t know why I have to say this, but I gotta, since many don’t understand. There’s no mass conspiracy to liquidate James Wynn or any other leveraged trader. But just like the public markets, positions are known and will be head hunted by market makers because it’s easy money.

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