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Bitcoin
Cyprus GosuSan 
is it over of the bubble? $ 10 k drop in just 4 days - kek how ppl can think that it's a stable currency? , it's nothing like gold it's pure speculation
2021-04-18 20:58
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No one besides delusional kids think its a stable currency kkkk
2021-04-18 20:58
15 replies
it was not supposed to be stable lol
2021-04-18 21:17
13 replies
0/8 that is the whole point of bitcoin, lol how it supposed to protect your capital from inflation if it's not stable ?
2021-04-18 21:20
12 replies
i'll just stop here. you clearly have no idea what is p2p. have a good day
2021-04-18 21:27
8 replies
Pay to play? What Bitcoin hast to do with it? 🤔🤔
2021-04-18 21:34
6 replies
lol. actually good one, but no. peer to peer
2021-04-18 21:38
4 replies
So how the fuck p2p and the inconsistency of BTC are connected? Looks like, you yourself do not understand what you are talking about. ))
2021-04-18 22:50
3 replies
it is not controlled by anyone lol
2021-04-18 23:10
1 reply
it is definitely controlled, wdym?
2021-04-19 08:53
#196
 | 
India V1R33X
What he means by it is crypto world is decentralized unlike fiat money . No govt can control crypto like fiat , so no fiscal policy will affect any crypto currency
2021-04-19 16:15
Loool
2021-04-18 22:31
i usually cook p2p.
2021-04-19 15:15
upwards volatility is good no other asset has greater returns and no other asset has such a high sharpe ratio, or stock to flow ratio (besides real estate, which btc will reach in 10yrs likely)
2021-04-18 21:50
2 replies
#201
 | 
Finland mattixboi
bitcoin will reach real estate?????? that would make a single btc worth over $10 million, i do not think so
2021-04-19 16:27
it's good for an investment stock it's bad for a currency. why spend your bitcoin on something if the next week you could have gotten three times the stuff you want for the same bitcoin. there needs to be some cryptocurrency with self-stabilization of some sorts or it will never work as a real competitor to central banks.
2021-04-19 16:28
True!
2021-04-18 21:36
#2
NiKo | 
Serbia Krosis
there have been bigger corrections before and they happen frequently. And bitcoin will need years before it will stabilize
2021-04-18 20:59
35 replies
bitcoin will never be a stable currency or currency at all
2021-04-18 21:00
28 replies
lol you are so jealous you missed out. you'll find success somewhere else im sure
2021-04-18 21:05
25 replies
Why is this argument always used whenever i criticise bitcoin? You don't know if im invested in it or not. Bitcoin is shit as a currency and thats a fact.
2021-04-18 21:08
24 replies
#24
 | 
Sri Lanka w7tv
Because it's already a coin and it has Been used for years now, your non acceptance of it's existiness or it's value growth over the years shows how hollow your knowledge aBout it really is
2021-04-18 21:11
17 replies
Feel free to explain to me why bitcoin is such a great currency and why it will be a great & stable currency in the future.
2021-04-18 21:12
16 replies
#28
 | 
Sri Lanka w7tv
cause the world is turning year By year more online? doesnt need to explain you, just google Bitcoin value from the start many people do trading in correction Btw, not only accusing it will go high options there are
2021-04-18 21:14
14 replies
Trading bitcoin doesn't mean it's a great currency. People trade stocks, metals and even livestock. Bitcoin as a currency is dogshit and you didnt give a single argument to why it is a good currency.
2021-04-18 21:15
12 replies
#34
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Sri Lanka w7tv
mens))) I'm Br also and ashamed of how stuBBorn some of us can Be, some might even get presidency for trashtalking others, what a world to Be on e: you didnt even Bother in investigating its value increase over the years, wont spend time w someone who is with his vision shallowed By something else goodBye
2021-04-18 21:18
11 replies
The increase in value only shows that it was a good investment in the past. It takes on average 10 minutes to complete a bitcoin transaction, what a great currency.
2021-04-18 21:21
5 replies
#44
 | 
Sri Lanka w7tv
look how much costs 1 Bitcoin and how much costs a dollar, would you change all your BRL in dollar or Bitcoin? stop gatekeeping facts ass
2021-04-18 21:23
3 replies
Whats wrong with you? Do you know the difference between INVESTMENT and CURRENCY?
2021-04-18 21:36
The Brazilian is right though, unless they do something about the transaction time and cost. Bitcoin is a shit currency right now. And only happy right now are people who transact with illegal activities like gambling and acquiring pedo materials on the black market...
2021-04-18 22:19
1 reply
#147
 | 
Sweden crittaN
Look up the lightning network...
2021-04-18 23:32
#152
 | 
Sweden crittaN
2021-04-19 00:54
#58
k1to | 
Finland R3ALMM
You have no idea what you are talking about. Please refrain from using the internet please.
2021-04-18 21:34
4 replies
#62
 | 
Sri Lanka w7tv
finlando talking from noscene land
2021-04-18 21:35
2 replies
#65
k1to | 
Finland R3ALMM
I don't even have to guess past your fakeflag to realize your country has nothing to show in csgo.
2021-04-18 21:36
1 reply
Its funny how he talked about your scene randomly, while the subject and context here has nothing to do with cs hahaha
2021-04-19 15:41
+1
2021-04-18 21:36
If Bitcoin can’t be used to purchase everyday commodities and has to be converted into a different currency you can come to a reasonable conclusion that Bitcoin is not a currency. Bitcoin also is purely speculative, has no real world value, and has no assurance behind it. It’s the definition of a bubble. People aren’t demanding the coin people are demanding the possibility of the future value that coin will hold in a different currency entirely. I will never understand the stupidity it must take to believe in BTC as a legitimate investment.
2021-04-18 23:23
name, flair and flag checks out
2021-04-18 21:14
Probably because you're either a) trolling b) you don't know anything about the fundamentals of bitcoin. Either way it's fine, really. I find it very entertaining if someone's "criticising" bitcoin with or without arguments. Continue gentlemen!
2021-04-18 21:14
5 replies
#26 , go ahead
2021-04-18 21:16
4 replies
I read that aswell, but I really don't need to do that anymore. Just because I'm a really nice dude I recommend you to read The Bitcoin Standard. You might not do that, but in case you do and you digest it properly, you'll remember this comment and moment for the rest of your life. Red or blue pill?
2021-04-18 21:24
#52
 | 
Switzerland Sylleo
your first mistake was to assume that btc is a currency
2021-04-18 21:30
2 replies
I actually dont think its a currency (but it can be used as a currency). OP assumed that its a currency.
2021-04-18 21:37
1 reply
nvm he didnt, my bad
2021-04-18 21:50
yeah lol, good currency is brl
2021-04-18 21:32
btc won't, other criptocurrencies probably will
2021-04-18 23:08
why is that ?
2021-04-18 21:00
5 replies
#9
NiKo | 
Serbia Krosis
Still young, halvings happen, people fudding and lack of institutional backing wich is now slowly changing.
2021-04-18 21:03
4 replies
if it has inherent value it should not be this way, but since it depends on popularity and acceptance of society it's fluctuate a lot
2021-04-18 21:07
3 replies
#23
NiKo | 
Serbia Krosis
crypto is not just bitcoin. Bitcoin itself will be more of a hedge against inflation and store of value. There are many other projects that will bring a new decentrelized banking system to poor and corrupt countries. Or in the future you can take loans without a permission from a bank(google smart contract),aswell as a internet without censorship since no one will be the owner of it who makes descisions. Many world changing things all in all.
2021-04-18 21:11
2 replies
This thread is about bitcoin and the comment you replied to is about bitcoin. We are not talking about crypto in general.
2021-04-18 21:41
1 reply
#91
NiKo | 
Serbia Krosis
I only started talking about other coins in the comment above and before that I exclusively talked about bitcoin, so whats your point? Unnecessary comment from you...
2021-04-18 21:49
btc and all these other shitstain cryptos will never be currencies, everyone owning them is only there for the investment profits
2021-04-18 21:01
6 replies
#8
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Bosnia and Herzegovina Foxxyownz
btc already is tho
2021-04-18 21:03
1 reply
#60
 | 
Belgium lil_vodka
litecoin & ethereum too
2021-04-18 21:34
Bitcoin(well and tether) is only cryptos who wants to be like money you uneducated doughnut. Other cryptos have so many more different goals and a lot of the big ones will prevail
2021-04-18 21:11
you can pay w any crypto using a binance card 🙄😅
2021-04-18 21:12
2 replies
You think you’re paying with crypto when you do that? You aren’t. They’re converting the coins to a different legitimate currency before it’s payed for.
2021-04-18 23:25
1 reply
thats a solutely true, tho from the customers pov it doesnt matter
2021-04-19 08:48
Cryptocoins are too smart for you. So keep using euro or usd. PAST coins for poors xD
2021-04-18 21:01
I don't like cryptos but it looks more like a correction coupled with the news that some countries ask for more regulation on that kind of asset.
2021-04-18 21:03
16 replies
#10
 | 
Bosnia and Herzegovina Foxxyownz
also big chinese crypto farm burnt down or some shit
2021-04-18 21:04
15 replies
Don't know. The only thing I know is that nobody understands it. You can see how many people support those cryptos but can't explain why it's so great. By the way, for all the trolls that are talking with some stupid comments "yOu mIssEd iT". I got some BNB coin... (bought it for $15, go down around $9 and now the value of the few coins I have is nearby $18 (was $25 a few days ago)). I really prefer to put my money in Real Estate, gold, and silver.
2021-04-18 21:42
14 replies
#90
 | 
Bosnia and Herzegovina Foxxyownz
investing in any case is good, better than spending on dogshit materialistic things or roulette
2021-04-18 21:49
2 replies
Like csgo knives? xD
2021-04-18 21:52
1 reply
#98
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Bosnia and Herzegovina Foxxyownz
+1
2021-04-18 21:54
#94
 | 
Switzerland Sylleo
if you had BNB coins, you would know their price instead of writing obvious bullshit. Yeah I'm sure you invested money in real estate, gold and silver lolololol
2021-04-18 21:50
10 replies
So cause I don't care about it means I don't have it? :) Do you want my BNB coins? xD
2021-04-18 21:52
9 replies
gold and silver are shit gold/btc ratio at all time low
2021-04-18 21:54
#106
 | 
Switzerland Sylleo
Because it'd make you the dumbest investor ever ? BNB : you said you bought at 15, it's $475 right now -> that's more than X31 Gold : same price as 2012 Why would you not care about the performing asset ?
2021-04-18 21:59
7 replies
No I said I bought $15... I didn't say at anytime I bought it WHEN it was at $15...
2021-04-18 22:18
6 replies
#114
 | 
Switzerland Sylleo
#79 "and now the value of the few coins I have is nearby $18 (was $25 a few days ago))." just one alone is $475, if you had "a few" you'd have (ten of) thousands of dollars sitting in your wallet. Not only you proved to have no idea about its current price, but on top of that you implied twice you had more than 1 coin. You're a liar. STFU ALREADY :)
2021-04-18 22:25
5 replies
woah what is going on here. I take full responsibility of arguments of my interetsrt
2021-04-18 22:29
Are you ok? Why be so mad when you clearly can't read correctly? Your understanding of what I've written is so much wrong. This is the reason why I still think nobody understands really cryptos. My message was clear enough and you just read it so wrongly. Bye.
2021-04-18 22:35
3 replies
goodbye my lover
2021-04-18 22:38
1 reply
Goodbye my friend You have been the one You have been the one for me
2021-04-18 22:39
I don't get your point though. People who say "you missed it", don't care that you invested 15$ in a crypto... They're talking about being a millionaire in the making, as dumb as it is, you missed their point.
2021-04-19 16:59
#11
 | 
Poland J4nke
literally no one ever said bitcoin is stable, it's a speculative tool it's also fairly old, not very usable for day to day transactions. On the primary subject, it's like 5th time that the "crypto bubble is bursting". Was there a mass amnesia after 2017?
2021-04-18 21:04
2 replies
everytime the bubble bursts the crypto kids remain silent for years untill they get their time again, and suddenly its the greatest and they are very smart "everybody is a genius in a bull market" comes to mind, its like gambling though nobody talks about losing their money but if u win that 20fold acca u tell everybody 😎👍
2021-04-18 21:30
it's a speculative tool #76
2021-04-18 21:43
10k drop in few days isnt even that rare. It will drop to 43-45k in the next weeks
2021-04-18 21:04
No one thinks its stable lol. It's pure gambling. I earn like $12 a day mining ether and I never let it sit, always sell instantly after payout.
2021-04-18 21:06
good job crypto on introducing millions of people to gambling 😎😎👍
2021-04-18 21:06
1 reply
0/8
2021-04-18 21:43
#16
 | 
Czech Republic poledne
the really second that one rich guy takes money from it it will go kabum ... i mean when oyu put 1 000 milions into somehtink ... :D he will be super rich
2021-04-18 21:06
3 replies
2021-04-18 21:18
1 reply
#69
 | 
Europe marekkingx
idk im not knowledgeable enough on this topic, however if you got some spare money you can afford to lose I'd buy
2021-04-18 21:39
+1
2021-04-18 21:42
saying its 'price' in usd is the irony itself lul im not sayin btc is some god made shit, but so many bubbles were called on it and it still didnt burst
2021-04-18 21:11
#22
 | 
United Kingdom Tnk11
I'm fucking glad that bitcoin is dropping so then gpus will be back on the market again. I won't to make another pc build and sell for some profit:)
2021-04-18 21:12
6 replies
it's too soon for that, so far it's just correction/fluctuation, but if that turns out into downward spiral waterfall, like 20-30k then we might see gpu prices change
2021-04-18 21:16
Bitcoin isn't mined with GPU. Bitcoin miners use specific ASICs. I didn't know this in the beginning either. Ethereum is mined with GPU at least for now.
2021-04-18 21:30
4 replies
#55
 | 
United Kingdom Tnk11
You are correct, my bad
2021-04-18 21:31
few years ago people mined btc with gpu too right? is there a chance the gpu miner move to this ASICs too?
2021-04-18 21:40
2 replies
If I remember correctly there haven't been any gpu/cpu bitcoin mining after like 2012-2013. All ASICs after that. I'm not sure if GPU mining is ever going away completely, because it kinda makes it decentralized that way. Of course you could make another system like bitcoin, but I don't know if it makes any sense to replicate it. One good system is enough.
2021-04-18 21:47
1 reply
ty
2021-04-18 21:57
once more country's ban it ofc it will plunge too shit lul
2021-04-18 21:13
19 replies
clearly, but if u invest now 1000 euro into it and wait 2-3 months u will probably payout at 60-80k and in some more years even > 100k if u dare to gamble.
2021-04-18 21:18
17 replies
#47
 | 
Germany pr9ud
Whats the math here? If you invest 1000$ you wont have 60k in 2-3 months. Bitcoin would need to get 60x its value now which would mean 1 btc would be Worth $3.300.000.
2021-04-18 21:25
16 replies
#70
 | 
Belgium lil_vodka
maybe he meant 10K and if you'll invest it in the right altcoin then this is perfectly possible
2021-04-18 21:39
2 replies
You wrote invest I believe you meant to say gamble
2021-04-18 23:29
1 reply
indeed, you're just as likely to lose that much since that's where the other guys profits come from
2021-04-19 15:09
#71
 | 
Bosnia and Herzegovina Foxxyownz
i think he just meant you can cash out when it reaches that point, not that you would actually profit that much
2021-04-18 21:39
2 replies
bingo
2021-04-18 22:57
1 reply
#130
 | 
Bosnia and Herzegovina Foxxyownz
unlucko u got 10+ people roasting u in replies
2021-04-18 23:06
check his flag 😂😂
2021-04-18 21:39
yeah retarded lmao
2021-04-18 21:44
+1
2021-04-18 21:45
btc true value is 10M gbp/btc roughly. It is hard to tell with hyperinflation but it will absorb all of the money on earth, wallop gold's market cap at 400K/btc and reach 100T usd market cap of housing market, probably by 2030.
2021-04-18 21:47
2 replies
Delusional as hell
2021-04-18 23:30
1 reply
you are yes. HFSP
2021-04-19 13:30
lol
2021-04-18 21:48
read again slowly. u dont cash out with 60-80k u cash out when bitcoin hit's 60-80-100k again.
2021-04-18 22:56
1 reply
#234
 | 
Germany pr9ud
I read it more than once. It doesnt make any more sense after reading it for many times
2021-04-19 17:53
definitely not with bitcoin, but 60x ain't impossible when it comes to shitcoins
2021-04-19 15:10
that country will be poor asf at the expense of others'
2021-04-18 21:42
it's just the beginning of coins. it's just a new reason to invest again.
2021-04-18 21:17
time to buy or too soon?
2021-04-18 21:17
1 reply
way better coins to invest in for the skrilla
2021-04-18 21:20
crypto is useless shit. what new did it bring? nothing, just same money, but with one exception - nobody can control it. PPL are so hyped about bitcoin due to its price. They just see another way to get rich. Would have been better without it, we could buy gpus
2021-04-18 21:21
12 replies
its just propaganda to hype u up for bank controlled coin currency, sooner or later.
2021-04-18 21:25
1 reply
sweden moment
2021-04-18 23:10
way for criminals to wash money + horrible for the environment + you cant buy a grapics card anymore to save ur life
2021-04-18 21:51
8 replies
barely any is used for illicit purposes and cash is less traceable and used more for illegal stuff so 0/8 for mining to be profitable, the energy must be cheap and so surplus energy is mostly used or renewables, like in Iceland geothermal. ASICs mine btc, not GPUs a load of weak argument FUD by mainstream newspapers. Good job
2021-04-18 21:56
7 replies
cash is less traceable xd.... have you ever hheard of raids energy "mostly used or renewables" HAHAHHAHAHA good one surely the chinese miners use renewables sure af buddy almost all miners use gpu's u just paint a world the way you like it and pretend its real but irl everyone knows ur delusional but whatever makes you sleep at night buddy
2021-04-18 22:45
3 replies
banking sector uses way more energy, it is negligible compared to other industries. enjoy reading bloomberg headlines, sheep
2021-04-18 22:46
You’re replying to an obvious baiter who clearly has little understanding of crypto nor fiat currencies. You shouldn’t really bother with people like him
2021-04-18 23:31
1 reply
0/8
2021-04-19 17:08
#217
 | 
Finland mattixboi
"for mining to be profitable, the energy must be cheap and so surplus energy is mostly used or renewables, like in Iceland geothermal." according to a study, only 39% of the energy used to mine bitcoin is renewables, and that's honestly a problem. i really hope time fixes it though, with economic interest as renewables get cheaper
2021-04-19 17:04
2 replies
still a good proportion IMO and it only pushes for cleaner energy
2021-04-19 17:09
1 reply
#223
 | 
Finland mattixboi
39% is quite bad, it means that 61% is a cause for global warming. i really hope cleaner energy will be used more in the future
2021-04-19 17:11
good for tax evasion and money laundering aaaaaaaaaaxaxaxaxaxax
2021-04-18 21:56
Hopefully it drops to 5k,so i can buy some 😈
2021-04-18 21:26
its a purely speculative asset, only a very small amount of people buy bitcoin to use as a medium of exchange or store of value, the majority want to buy it and flip it for a quick profit, which is the dream that all the bitcoin pumpers sell them no joke my cousin told me in 2016 "have you heard about bitcoin? its increased in price (some amount) and apparently its just going to keep increasing forever!", hes very low iq fyi, ez scheme which will make some very rich and fuck alot of people, crypto fags will defend doge/other shitcoins having higher market cap than some of the worlds biggest banks kekw i mean look at #39 ffs xd
2021-04-18 21:27
3 replies
wrong -halving -miners sell half as previously - same demand or more - causes price increase SPECULATIVE !!!!!!!!!!!!!!!!!!!
2021-04-18 21:41
+1 yet another ideal got destroyed by reality. if there is some form or self-regulating cryptocoin i'll invest in it but i won't invest in casino-capitalists destroying the dreams of cypherpunks.
2021-04-19 16:32
#216
 | 
Finland mattixboi
institutional money is flowing into bitcoin at a fast rate, which gives bitcoin some legitimacy. it's still quite speculative, but bitcoin is slowly getting a place as an actual store of value.
2021-04-19 17:02
#51
rain | 
Kuwait roye
i think i know why it dropped and that reason is gone so
2021-04-18 21:29
This is a normal correction, it happens after every new all time high. Cryptos are not safe investments, but they are fantastic for trading. Every time it drops 20%, throw some money into it and wait a month...you will have a fairly safe 25% gain. Personally, I would never invest a ton of money into these things, but the volatility produces wonderful environments for buying low and selling high.
2021-04-18 21:33
have fun staying poor xD
2021-04-18 21:34
2021-04-18 21:39
- it's nothing like gold true because gold is shit and gold/btc ratio is at all time low LMAO
2021-04-18 21:40
another kid posting about nothing new
2021-04-18 21:41
Power Outage in China caused a big collapse
2021-04-18 21:48
2 replies
Power outage = -20% value aaaaaaaaaaaaaxaxaxaxaxa nice
2021-04-18 21:57
1 reply
its what happens when 50%+ of the miners are from china
2021-04-18 23:33
I haven't invested money in any crypto but it sucks that it was bitcoins that went up. Bitcoin kinda shit compared to monero. It has everything that people thought bitcoin had back in the days
2021-04-18 21:55
3 replies
except no network effect, no supply cap and much lower hashrate 0/8
2021-04-18 21:58
2 replies
Both has flaws but do you prefer google or duckduckgo?
2021-04-18 22:07
1 reply
duckduckgo
2021-04-18 22:08
It is not for trading. Ppl buy it as a long-term investment. In the long run, aka 5-10 yrs, it pays off. Buy'n'hold, that's how good old Buffett teaches us))
2021-04-18 22:04
1 reply
good old Buffet teaches you not to buy unproductive assets like shitcoins
2021-04-19 15:11
bitcoin will be done when its cap reach all time peak possible, 100k lets say, at this point speculations will be not as lucrative and it will fall big time.
2021-04-18 22:08
1 reply
lol that is 1/4 of gold's market cap whilst gold/btc ratio at all time low and it is better than gold is every single way. 0/8 it has no top because fiat has no bottom. it will absorb all money on earth
2021-04-18 22:09
Who said speculation is bad
2021-04-18 22:49
2 replies
some governments do
2021-04-18 22:52
2021-04-18 22:52
unstable as shit and not even an accepted currency in 99.99 percent of the markets, but still will manage to somehow cost 100k at the end of the year
2021-04-18 22:55
4 replies
1btc=1btc only unstable pricing it in fiat and some of that is fiat losing value too
2021-04-18 23:04
3 replies
ikr
2021-04-18 23:10
1 btc = relative to the total amount of available bitcoins. if everybody sits on it and there is barely bitcoin in circulation the value changes. also inflation because of new bitcoins being mined constantly although this decreases over time. 1$ yesterday = 1$ tomorrow because the central banks are constantly monitoring and adjusting the amount of total available dollars so the relative value stays more or less the same.
2021-04-19 16:39
1 reply
1$ yesterday = 1$ tomorrow Negative my friend
2021-04-19 17:04
bitcoin = speculating scam, nothing more just buy low and sell high
2021-04-18 23:17
1 reply
it's not scam, but shit for sure
2021-04-18 23:45
creat0r unkn0wn, also regulations will happen... my guess no bueno
2021-04-18 23:21
#141
 | 
United States Scvboy1
It's been doing this for years, dead for 2 or 3 years, suddenly gets a lot of media hype, explodes in value over a year, then dies back down. Rinse and repeat.
2021-04-18 23:25
7 replies
#150
 | 
Sweden crittaN
except every time it "dies back down" it bottoms higher than the previous cycle. hmmmm
2021-04-18 23:44
6 replies
#153
 | 
United States Scvboy1
For now.
2021-04-19 00:55
5 replies
#154
 | 
Sweden crittaN
absolutely, nobody can predict the future. but not having some % of your worth in btc is irresponsible and often based on ignorance.
2021-04-19 00:58
4 replies
#156
 | 
United States Scvboy1
At this point it's a Ponzi scheme. People buying in now just increase the wealth of the people that bought in year ago while assuming all the risk in the case of a collapse.
2021-04-19 01:00
3 replies
#157
 | 
Sweden crittaN
maybe youre right. but maybe one day you will look back on your decision and feel REALLY bad. idk about you, but id rather be fine whichever way it goes /shrug DYOR. Dont trust, verify
2021-04-19 01:03
1 reply
by the time it becomes anything more than a ponzi scheme a lot of suckers have lost a of lot of money and I can buy into something that is stable and functional.
2021-04-19 16:40
dogecoin, a meme currency, has a market cap of 40 billion. At this point it must be obvious that something isnt normal in this crypto market...
2021-04-19 01:07
Bitcoin has died 405 times during its lifetime. So far it has died 12 times during 2021. 99bitcoins.com/bitcoin-obituaries/
2021-04-18 23:27
1 reply
+1
2021-04-19 15:11
Garbage investment and a horrible thing to put money in
2021-04-18 23:32
5 replies
digitalik.net/btc/sf_model/GBP no other asset has a greater return
2021-04-19 13:32
4 replies
Yeah because morons like you artificially inflate the price of a worthless thing (I don’t even want to call it a currency because it’s not). It has no value backing and is solely used because it is harder for governments to track (criminals are the only thing holding its price up). If you don’t think there’ll be huge regulations and possibly a total ban in most of the world you’re delusional and should go back to elementary school.
2021-04-19 15:00
3 replies
what is the USD backed by? nothing. Pointless argument. lol such rubbish. Only a small minority use it for illicit purposes, everyone else uses it because it is a good store of value. Look in argentina, venezuela, iran, lebanon.... hyperinflation is happening everywhere and it will happen to every fiat currency on Earth. Do you expect them to be happy with losing all of their money as their currency becomes worthless? tell me an alternative then. any country which bans btc, will be poor asf. Countries that don't ban it and embrace it will prosper. Either way, worst possible scenario, there will always be 1 country that embraces it. JP morgan U turning on it, large hedge fund managers getting in, tesla etc... time to kill bitcoin was in 2013, now it is far too large and unstoppable. Most secure computer network on Earth.
2021-04-19 15:15
2 replies
You’ve not stated a single fact yet mate. Usd has value backed by the US government, same as every other fiat currency there is. Learn basic macroeconomics before pretending to know anything about them.
2021-04-19 17:12
1 reply
A currency being "backed" means that it is pegged to something else usd is not backed by anything stop this nonsense
2021-04-19 17:36
thx for the discount
2021-04-19 01:00
It is a risky asset in your investment portfolio. So, if you have let's say 1000 pounds then 200 can be invested into it. But I'd prefer some hedge funnds over cryptocurrency)))
2021-04-19 01:08
2 replies
wrong has the highest sharpe ratio out of every asset class
2021-04-19 13:31
1 reply
#168
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Lithuania marusgg
You do realise nobody understands sharpe ratio in hltv, right? 'boo, scary cryptocurrencies are not real currency' is all they can babble
2021-04-19 15:03
coronavirus will make it grow more and more people are retarded every poors will try to get extra money with it now they can't work or live
2021-04-19 08:52
#163
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Europe Pts
It's not a currency and it was never meant to be one.
2021-04-19 08:54
That why we believe in alts.
2021-04-19 15:05
#171
syrsoN | 
Bosnia and Herzegovina dc4
my theory is the main reason it's so high atm is because of Elon Musk tbh.
2021-04-19 15:09
5 replies
He has to keep it up, or he'll lose a lot of money
2021-04-19 15:12
1 reply
#178
syrsoN | 
Bosnia and Herzegovina dc4
most likely because every now and then he brings up cryptocurrency. And of course whatever Musk talks about / sells people are gonna buy
2021-04-19 15:14
wrong. in 2021 there has been a lesser price increase in terms of % increase than in 2017, 2013, 2011 etc... it is the halving. learn what it means.
2021-04-19 15:17
2 replies
#185
syrsoN | 
Bosnia and Herzegovina dc4
it went from 6k to 65k in 2021? Of course it has a lesser price increase back then crypto currency was just getting "popular" and prices were lower
2021-04-19 15:19
1 reply
29x and 59x in 2013 and 2017 after those 2 halvings. look at a log graph and note halving -halving -miners sell half as much as previously -same demand or more -causes price increase
2021-04-19 15:35
I am very happy with the fact that bitcoin increases on average 196% per year and is not stable in price
2021-04-19 15:11
5 replies
yeh lol
2021-04-19 15:18
I'm sure those who invested in Bernie Madoff said the same
2021-04-19 15:34
3 replies
You don't have to be jealous of my profit it is not too late to invest
2021-04-19 16:23
2 replies
I'm sure those who invested in Bernie Madoff said the same
2021-04-19 16:24
1 reply
#215
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Finland mattixboi
nice argument every time you say something negative about bitcoin, i'll respond "i'm sure those who didn't invest in amazon said the same", same logic. btw, Madoff didn't promise 196%, his fund made a consistant 10% per year, the fund's stability was the way to lure in money.
2021-04-19 16:59
It's a decentralized Ponzi scheme.
2021-04-19 15:18
18 replies
In a Ponzi Scheme, the founders persuade investors that they’ll profit. Bitcoin does not make such a guarantee. There is no central entity, just individuals building an economy. A Ponzi scheme is a zero sum game. In a Ponzi scheme, early adopters can only profit at the expense of late adopters, and the late adopters always lose. Bitcoin can have a win-win outcome. Earlier adopters profit from the rise in value as Bitcoin becomes better understood and in turn demanded by the public at large. All adopters benefit from the usefulness of a reliable and widely-accepted decentralized peer-to-peer currency.[4] It is also important to note that Satoshi Nakamoto, creator of bitcoin, has never spent a bitcoin (other than giving them away when they were worthless) which we can verify by checking the blockchain.
2021-04-19 15:18
17 replies
I guess you missed my edit.
2021-04-19 15:20
16 replies
decentralised makes no difference. it is not a ponzi scheme as #183 so clearly explains
2021-04-19 15:34
15 replies
Your post doesn't "explain" anything. Every cent of profit in Bitcoin is made by early adopters from new adopters entering the market. It's a Ponzi scheme.
2021-04-19 15:42
14 replies
I think you mean pyramid scheme and it is not that either. the fiat value gain one makes is the exact same in terms of % increase or multiplier, no matter how much they own or how early they got in.
2021-04-19 15:51
6 replies
Your coins are going up because the sucker after you is buying coins. And they’re only buying them because they think that the price will go up. Bubble, scam, pyramid scheme.
2021-04-19 16:07
5 replies
lol price goes up even if demand stays the same. that is why price goes up after the halving in 2012, 2016, 2020. 0/8 HFSP fool
2021-04-19 16:10
3 replies
Price going up with constant demand and increasing supply? Lmao You know you're lying.
2021-04-19 16:17
2 replies
HALVING -MINERS SELL MOST MINED BTC TO PAY ELECTRICITY -SUDDENLY HALF AS MUCH BLOCK REWARD IS RECEIVED -SELL HALF AS MUCH - SAME DEMAND = PRICE UP
2021-04-19 16:20
#211
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Finland mattixboi
bitcoin supply is decreasing right now. that can be analysed with on-chain metrics - coins are flowing out of exchanges like coinbase/binance, into private wallets.
2021-04-19 16:52
#213
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Finland mattixboi
that's how many, if not most, investment vehicles work
2021-04-19 16:56
#203
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Finland mattixboi
calling something a ponzi doesn't make for a fair argument. fiat is a ponzi - someone could well be the last person to give fiat any value? most companies (basically all) go bankrupt at some point - the stock market is a ponzi??
2021-04-19 16:29
6 replies
Most companies in the stock market produce economic value - they have revenue and maybe profits. If you own stock you might get some of that revenue and if the company does well (increasing revenue or profits, or a cool new invention) you could sell your stock at a higher price, since the company is doing well and other people expect the company to have higher profits in the future. Bitcoin is 100% speculative. The only way to get money out of it is by selling at a higher price to somebody else who is only buying because he thinks the price will go up. There is no underlying bitcoin revenue that could somehow recoup the investment of buying it. It's not being used for anything else.
2021-04-19 16:43
5 replies
#210
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Finland mattixboi
"Bitcoin is 100% speculative. The only way to get money out of it is by selling at a higher price to somebody else who is only buying because he thinks the price will go up." isn't that exactly the same for stocks? you have no guarantee that a stock will ever pay dividents, it's all on trust. if a cash flow defines if an investment vehicle is a ponzi or not, forget about bonds and gold, and fiat altogether. bitcoin's use case is a store of value (and a minor use as a currency, that doesn't and won't matter), and it has many advantages over gold and other alternatives. right now it's still a bit speculative, i agree, but institutional interest has been rising alot, giving bitcoin legitimacy.
2021-04-19 16:48
4 replies
Bitcoin is not a great store of value, the price is volatile, there are real regulatory risks, and there is an infinite supply of currencies offering the same functionality. I can imagine a future where some cryptocurrency has success, but it's impossible to tell which and it's unlikely to be Bitcoin given it's limited utility, high energy cost and slow transactions. Please don't put money in Bitcoin unless you can afford to lose it.
2021-04-19 17:19
3 replies
#227
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Finland mattixboi
it is volatile, but so is gold, which is considered a great store of value. regulatory risks may affect price negatively in the short term, but KYC/AML rules will only give legitimacy to Bitcoin in mainstream finance. Bitcoin is _the coin_, institutions mostly only care about Bitcoin, and it's network effect is the strongest. i've only invested what i can afford to lose, most of my money is in the stock market. i've also cashed out profits, i'll be in profit even if bitcoin goes to 0 (and planning to cash out more, once bitcoin reaches $50k or $75k)
2021-04-19 17:31
2 replies
Good, I hate to see people go bankrupt over this stuff.
2021-04-19 17:33
1 reply
#232
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Finland mattixboi
in the end, people usually get what they deserve. if you act unresponsively with your money, you'll easily lose it. or maybe i just lack empathy
2021-04-19 17:50
malding no coiners say the same thing every correction, it's volatility makes it literally the best asset to trade, it's like forex before it was overtaken by bots and algos.
2021-04-19 15:19
Here we go, the noobs starting to talk about the bubble is over when it was already identified the origin of this decline. calm down hatters, this will pump again hope we see you in beark market again
2021-04-19 16:30
That's why you should be investing in CSGO cases instead of Bitcoin.
2021-04-19 16:32
Did bitcoin drop 10k$ or did dollar increase 0.2 BTC? FIAT currencies volatile AF in bitcoin.
2021-04-19 16:52
THB who cares it will go up anyway, it can be a shit or not, stable or not, speculation or not but after all it guarantees us a big profit. btw a good moment to buy more.
2021-04-19 17:08
Turkey just banned it and all other countries will do too eventually
2021-04-19 17:18
7 replies
Turkish lira has lost 70% of its value in the last 6 years lmaooooooo
2021-04-19 17:34
6 replies
Banned in other countries medium.datadriveninvestor.com/countries-.. .. and of course it will be banned in all countries eventually, don't you know how politicians and bankers operate??
2021-04-19 17:46
5 replies
they can't ban the internet and there will always be countries that will embrace it and prosper at the expense of the countries that ban it
2021-04-19 17:51
1 reply
sure, be a criminal then if you want
2021-04-19 17:56
algeria bolivia north macedonia morocco china [The bank of China does not constitute Bitcoin as money and bans the trading of it however the country has started developing its own crypto coin. It’s safe to say that the trade ban will end when their cryptocurrency goes live.] real leaders of the world here
2021-04-19 21:31
2 replies
It has to start somewhere.. youtube.com/watch?v=qmmQEm8gTcg
2021-04-19 21:55
1 reply
zerohedge.com/markets/huge-reversal-chin.. china can be removed from the list now it will never be outlawed on an international scale, india will soon enough remove their ban as well
2021-04-19 23:33
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