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    Month: June 2021

    ENJIN COIN KILLED BY WHALES AND PURE GREED.

    ENJIN COIN KILLED BY WHALES AND PURE GREED.

    When ENJ hit $1 it was time to get out of dodge although some of the team wants to stay the course, But its only fair to our readers to state my reasons for leaving.

    I love ENJIN and CHILIZ we all do but this current market is out of control, whales decided greed was better than just playing fair so I hope they burn in hell in the nicest possible way of course!

    These altcoins will come good again but by the time the Asian market opens and closes by Tuesday morning if and when I re-join I will have amassed at least another 30% more coins than I had before writing this article.

    You got to love those china men who always pop up on time just to stick the boot in at the wrong time and all the whales do is make it harder for crypto to become the currency of the people and only the currency of the super rich well not this time.

    Now we are going to play the whales game and buy at rock bottom but whatever happens we will overcome, I feel sorry for all the hard working NFT projects and this will only make it harder to raise money for R and D in the future got to hand it to these market manipulators they really know how to kill a market.

    China is a smoke screen no-one cares where mining takes place anymore if anything BTC should have went to the moon if this was a real open market but more of us knows its not so all we are doing is saying you lead we follow lol

    if we cant beat them join them see where it takes us all?

    At the end of writing this ENJIN is trading at $0.9652 AT 12.15pm GMT 12 hours on it was trading just under $0.87.

     

    more here.

    SOMETHING IN THE CRYPTO MARKET IS BROKEN.

    SOMETHING IN THE CRYPTO MARKET IS BROKEN.

    The cryptocurrency market is broken not since 2017 has it got this bad and support levels are being breached on almost every coin.

    But it gets worse there is zero fundamental reasons for this latest dump of just about every coin and token.

    In the last few years the east raised the value and the west took the profits over the last few months this trend seems to have reversed.

    The largest problem and the reason we say its broken is the fact when it sells off every coin is effected when it goes up 90% goes up therefore its no longer a free market its basically fixed in favour of the huge whales with their mega programmed bots.

    De-Fi cant succeed under these conditions, NFT’s can’t function if digital assets cant accumulate, therefore the folks behind this downtrend better tread very carefully or they will price themselves out of the very market they are trying to control.

    Some projects has lost a Billion dollars through no-fault of their own if they dont make money why bother on the first place???

    Banks are starting to ban deposits into exchanges so come on guys get a grip and sort it oot (out) as the say in Scotland.

    THIS SHOULD BE ENJINS GREATEST DAY.

    THIS SHOULD BE ENJINS GREATEST DAY.

    This should be Enjin coins greatest day at the office but its turning into a living nightmare so far with it losing over 10% of its value.

    So today was the open auction of the long waited ENFINITY PROJECT that in conjunction with POKODOT was going to be the great next evolution in blockchain by reducing fees and speeding up transactions.

    We think it will and will work as promised over the short term and well into the future, it also proves that no matter what great new products projects comes up with it has virtually no bearing on altcoin values.

    Anyway that’s my little rant over, god its great having a site where one can vent their anger out at which makes be really appreciate all our readers frustrations that can’t do likewise at this crazy altcoin times.

    But we still love our Altcoins even if we get poorer every day, what we do is smile and tell ourselves hay man its crypto we are just going with the flow, relax man it will one come good!

    HODLING CRYPTO BECOMING INCREASINGLY DANGEROUS.

    HODLING CRYPTO BECOMING INCREASINGLY DANGEROUS.

    Hodling cryptocurrency (holding cryptocurrency mid-long-term) is becoming increasingly dangerous past-time for crypto fans.

    Take the news yesterday for hodlers of all NFT coins that southerly’s had sold million dollars of digital assets affirming the market trend as rock solid pushing CHILIZ and ENJIN up in early trading only for them to get kicked back down by early American trading on the east coast.

    Coins had lost 10% value again by then, yes day traders were in on it as there was very little else doing in the market but it seems the whales were yet again buying big and selling to quickly or should we say far quicker than normal.

    We are still holding Chiliz and ENJ because we believe in their different approaches to all things NFT .

    It’s true the market in general is rather weak mostly due to MUSK and WHALES and backed by media outlets that has no-clue how crypto actually works.

    We take the view that its all about greedy big business getting rid of us little guys well they can get stuffed we are in it for the long haul, remember crypto is in most part a hobby in hobbies most folk spends their money and the money is gone but in crypto we spend our spare money and wait for its return and in most part it always delivers.

    The difference is we control when we cash in not the whales forcing our hand at every turn just so they can buy more coins at a cheaper price so they control their ultimate profit margins going forward…

    A-HOLE MUSK NEEDS TO GROW UP.

    A-HOLE MUSK NEEDS TO GROW UP.

    I have waited a few days to calm down from Musk’s latest tweet speaking a much sense as trump getting reinstated to the white house by August, this crypto A-Hole needs to grow up.

    He speaks utter crypto crap at best, he destroys peoples savings and thinks 
    he all powerful when in reality its about his own ego just like the Donald.

    He wants Dogecoin to be top dog, We think he’s in financial trouble there is simply no other reason to be this stupid.

    He better watch out its easy just to sell his coin and switch to something better our community has had enough of him and the whales.

    If your like us sell dogecoin and get him where it hurts just like what he has done to so many others its the only way to sort him out for the sake of our community!

    ALTCOINS MOVING UPWARDS SLOWLY.

    ALTCOINS MOVING UPWARDS SLOWLY.

    Altcoins are moving upwards but slowly and is better than the fast and crash of the past.

    Most coins and tokens on average are moving within a 5% plus moving average per day/week which is better than any bank interest rate no matter the level of investments.

    There’s not been much news on the altcoin front apart from more and more evidence coming to the fore the last crash was due to large (whale) holdings deliberately selling off their holdings in order to buy cheap and increasing their holdings by the use of electronic programmed selling and buying bots which is exactly what this website claimed at the time,

    So it seems we were right all along the fundamental’s were strong and confidence killing was the order of the day only for the benefit of the greedy whales.

    De-Fi is speeding ahead in the background so crypto is here to stay no matter what you might read on the web again controlled by even larger whales.