iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
20,688 Blog Posts

BITCOIN BREAKS THE FUCK OUT AGAIN; CRYPTO-KING BARRELING TOWARDS $11,000; THE BLOCKCHAIN IS ON FUCKING FIRE

I bring forth news of the grandest proportions. Bitcoins were dallying around the past few days around $10,000, fucking with haters, teasing like a cheap whore. Well, all of that has come to an absolute end this evening; as you stock faggots position into securities gearing towards LAUGHABLE 10% annual returns — the motherfucking Blockchain has transmorphed into the cockchain and is now ballyhooing recklessly through a field of swinging blades with a GIGANTIC erection postured outwards towards the world.

We’ve got all sorts of shit to discuss tonight, such as a possible super breakout of a new player called Cardano, which now sports a market cap upwards of $4b and is higher by 405% over the past week. This shit is for real — the freedom of finance is finally here and you mother llamas are missing out by being dumb and old, transfixed on investment banking scams and equities riddled with onerous regulatory shucking and jiving. That’s the beauty of the crypto-world, unhinged, unconnected, from the bastard cocksucking regulatory bodies who stifle innovation, forcing CEOs and boards to be accountable to their shareholders. These tokens are not shares and do not offer voting rights, merely the essence of greatness that is literally the foundation of breaking free (busting loose edition) from governments and establishing a new hierarchy and aristocracy in high finance, one that cannot be taxed, nor fucked with, by Federal Governments (shots fired).

Let’s have a look at some of tonight’s chart breakouts. Personally, I like the look of Litecoin; that fucker is poised for greatness and higher prices; best to get in now — before all of the Johnny Come Latelys finish their Johnny cakes and barrel into it — propelling it to new heights.

I am looking for a modest 2,000% gain from current levels.

Stellar Lumens is also interesting. Both Reddit and Github forums are straight fire tonight, talking about this being the next one to go. Fuck, just thinking about it makes my cock hard.

And here are the others.

If you dial down the market cap, you can find some really interesting coins, such as Ethereum Movie Venture, Dent, Royal Kingdom Coin, and Aeron. But I suggest sticking with the bigger one’s for now, especially toward year end, because it’s a sure thing and doesn’t have too much risk.

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48 comments

  1. bob smith

    Personally, I’m sticking with my Chuck e Cheese blockchain, organic, non-gmo, gluten-free ICO. It’s going to the moon, I tell ya’.

    Fly, please don’t tell me you’ve fallen under the “spell.” If so, I’m going vegan and I REALLY don’t want to do that. Vegan is for cows not humans.

    I don’t care if BTC goes to $111,000, it’s still a tulip and it’s still going to zero.

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    • joyous__ending

      In the end of the 1000+ cryptos likely 2-5 survive. Just like 1999, of all the dot.com junk what survived? AMZN, EBAY, YHOO maybe a couple others. Likely the same for the Bcoins.

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    • bushwacker2

      …said the man who wished he even had one measly bitcoin…

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  2. numbersgame

    “because it’s a sure thing and doesn’t have too much risk.”

    Great! How do I fund my crypto currency account? Let me see… Oh, I get it. I just take the money and put it in the porcelain deposit bowl.

    Seriously speaking, some of these are legit, but it’s near impossible to tell which ones, and all have already hit their exponential gain curves. Better to wait for survivors than to buy lottory tickets (or just *buy* lottory tickets. Same effect, but much simpler transactions).

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  3. Dr. Fly

    Actually, you can buy cryptos with your credit cards. Go get some credit and MAX IT OUT and then keep doing it, until you get rejected.

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    • gappingandyapping

      Hmm didn’t even think about that, 30 day free loan trade! What could possibly go wrong.

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    • bushwacker2

      I actually know of a newly minted millionaire who did EXACTLY that!

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  4. hedge500

    Same idiocy going on in our indexes, the ‘real markets’, only far more exaggerated in these. The amount of disdain I have for these markets makes me wish I had pursued a different career. I naturally cant stand the masses or idiots – figured I’d be free of them on wall street. I was wrong.

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  5. gappingandyapping

    Just sold my coins tonight. Bought them on January 15th http://i.imgur.com/mVibVwO.png

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  6. dae42

    BTC et al will top once half this site pivots to “expert” crypto analysis and commentary. Could be awhile…

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  7. sarcrilege

    nice hockey sticks – to da moon!

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  8. xela

    Yeah one day current currency mangers will get there shit together (laughing at the whole world political tension) until than bitcoin to 100k …what you thought the millennial race was going to shit on you? (Born in 93; no stake in bitcoin) enjoy the ride up & down;) #dotcom9000

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  9. bushwacker2

    “All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.”

    The truth about bitcoin is, judging solely from the Fly blogosphere, we are a long way from a top in BTC.

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    • bushwacker2

      Disclosure: I trade stocks for their information and entertainment value, and their paltry 40% annual returns.

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  10. the_real_moth

    11k hit! If you don’t take 1/2 off at $25,000 your a greedy pig.

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  11. metalleg

    As I read this post, I couldn’t read remember who wrote it. Fly, did you use a ghost writer?

    Funny stuff.

    Not sure how how high BTC will travel on this run but Enigma has it at $11,600 before it drops back below $10k, probably for a few hours.

    Regardless, Bitcoin Cash will steal the spotlight over the next few months and Bitcoin will go bye bye.

    If you want 10-20-30x gains, buy EOS, ETHOS, and NEO.

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    • Dr. Fly

      Only GIGANTIC FAGGOTS hire ghost writers. I am the Blog Father and can wear many hats.

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      • metalleg

        I was, of course, being facetious about the ghost writer but I do admit I was a little confused while reading.

        Ahoy matey! Welcome aboard the USS Cryptitanic!!!

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  12. tonka

    I don’t care where it goes as long as it doesn’t get over 500,000 so McAfee will have to eat his own cock.

    499,999.99 and not a penny higher!

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  13. cypt0phag

    im taking out another mortgage, leveraging my kids college funds, and selling off my land in hawaii for btc. id drop my savings in too, but only retards save.

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    • metalleg

      You kid but these are still early days in the crypto craziness. Very few people I know have a clue about Bitcoin which means there are plenty of stooges still to get fleeced before this shit comes crashing down on their heads.

      It’s the new economy…lol

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      • cypt0phag

        no doubt, but it cant fall till the ave man’s money is on the table.

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  14. madness

    Hi all,

    Question – people keep saying Crypto cannot be stopped by govt’s as it’s decentralised etc and as such, it’s just when, and not if, they eventually become legal tender.

    Ignoring the logistical side of things (ie. anything involving stopping users actually getting using it via the internet), if I was a Country that wanted to stop the rise of the crypto, I wouldn’t make it illegal, I would simply tax it to the hilt to make it unfeasible.

    Ie. Any Corporation receiving payments for goods using crypto get taxed at an additional 20%. Any individual who wishes to get paid in crypto, their income tax is usual tax plus an extra 20% (rates are just an example)

    With above, no govt. can be accused of banning Crypto, they just make it financially prohibitive to use.

    What’s to stop above? Or am i missing something?

    Thank you

    (Question also posted on CoinSpeak)

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    • duuude

      Anything that helps inflation is welcomed by the system.

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      • madness

        Hi duuude,

        I don’t understand how this applies to my question? Unless it wasn’t aimed at me?

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  15. J Adabese (your pen pal)
    J Adabese (your pen pal)

    Le Fly, did you say “sure thing” ? I believe more zebras must become involved before the Lions show up.

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  16. cypt0phag

    That’s reasonable, it doesn’t stop p2p transfers but it reduces effectiveness as an alternative to current financial transactions

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  17. J Adabese (your pen pal)
    J Adabese (your pen pal)

    John McAfee is God.

    Crypto = Revenge of the nerds.

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  18. J Adabese (your pen pal)
    J Adabese (your pen pal)

    I think Mark “I’m a Dick” Cuban has the most accurate view on Bitcoin. It will continue higher while people focus on building up their storage of coins. Once it becomes more transactionable, look out below.

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  19. lapens

    Yeah – no one with real money is going to want any of this action.

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  20. J Adabese (your pen pal)
    J Adabese (your pen pal)

    tough bubble to deflate if there’s unlimited In-Q-Tel style $ flowing into it for reasons far outside the scope of private investments…

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  21. bushwacker2

    Jeez, some of you are such petty, and envious dorks. No, I’m not greedy. I already took half off at 10x. Playing with the house’s money at this point. I will sit on it and not sell the rest until it either goes back down to 10x, or my liquid net worth reaches 8-figures—-whichever happens first. I’m such idiot. No worries here. Carry on. Peace..

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  22. cypt0phag

    I won’t be taking any off soon, I got in @0.15 tossed a $20 thinking to buy some lsd or let it hit 0 but pussied out on the lucy. Called it bubble at 10, 30, 60, and so on. I certainly won’t be putting shit in now so might as well ride it till the wheels come off. Or my neighbor comes over to tell me he finally bought some then I’m def out

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  23. jerkchicken

    “This shit is for real — the freedom of finance is finally here and you mother llamas are missing out by being dumb and old”

    Not me, I chose to ignore your advice roughly a month ago.

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