Pretty sure they all already sold and are currently not very interested in Bitcoin
Ok,
I am sure a lot of people are still ready to dump some but they wait for the new âwaveâ (or pyramid layer).
At least all the money I invested in EVE Online paid out a large amount of entertainment. 
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I think the world is getting over the possibility of âI can get rich if I invest in Bitcoinâ To me it looks like Bitcoin is not really a gambling asset but a means of payment where the usage is not high enough to support vast amounts of profit through fees.
By not analysing it properly you are giving the impression profit can be made when in fact it canât (it could be 10 to 30 years or more before profit is realised). Youâre really here telling people BTC is the most perfect gambling asset which is mis-information and a large part of the reason lots of people lost money.
If you are to type what BTC is then help the world by typing factually instead of promoting falsehood. Yes BTC can be used as an investment for profit but it is extremely hard to do so which is what should be the general consensus as of this date.
The climate for investing in anything has changed, unless you hadnât noticed everyone will be holding on to what little fiat money they have for as long as possible in order to service essential bills like food, energy, and taxes. Nobody is spending much on things they would like, they are sceptical of the future and they are spending as less as possible which creates a bad market for investment.
Youâll actually find that people are investing in medications for respiratory illnesses and AI related businesses, If you look carefully most of the members of parliament in the UK are invested in things like energy, and covid vaccines/boosters as this is definitely where all the money is/will be today.
Many of the companies who create vaccines are now investing in entertainment and other industries since they are able to earn money from everyone on the planet:
Personally, I would never seek to make profit from something that is needed to stay alive such as a vaccine as I donât think itâs ethical. I think investors will put money into anything that is legal, yes BTC was paying out large amounts of âprofitâ for a while there but then the world changed and everyone cut back and they found there were snakes in the crypto industry which made it a bad investment for the time being.
Investors will do anything legal in order to make profit, whatever is top of the news will be what people are investing in. Businesses are queuing up to invest in AI, and most people will 100% be first in line to take the next set of vaccinesâŚplease note thatâs literally trillions of ÂŁÂŁÂŁ. Any smart investor will invest in what people WILL pay for and not things people donât necessarily need like BTC.
Other views include the possibility of privacy laws being revised somewhat due to the introduction of digital central bank currencies, so over the next 10 years we may see more BTC usage (usage as in retail transactions and value transfers, NOT investment) as a direct result of this since BTC was made to keep peoples privacy secure.
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Again, thatâs the definition of delusions.
Whether or not you think it should be used as such, is completely disconnected from the reality, which is it was used as a ponzi, promoted as such (âhigh return investmentâ).
Being able to move fast is what makes an asset prone to pump&dump, and therefore to market manipulation⌠and therefore opinion manipulation.
The difference between you and me, is that when I see a scam, I say it is a scam, while you say itâs interesting. It may be interesting, but the ability of other people to abuse our interest to reach their own goal is more important. That is called responsibility.
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Iâd say itâs more perspective, itâs a digital token that represents a fiat value. Can you really not see that the Bitcoin concept will never ever work without fiat?
If youâre saying Bitcoin can be used as part of a of ponzi scheme then you get my full agreement because we have seen as such with FTX.
If youâre saying the existence of a digital token that represents a fiat value is a scam then I suggest you need to read more to develop an understanding of what youâre talking about.
You seem a little delusional to be honest. here are the facts;
1, Bitcoin is used as a method of purchasing retail items if the retailer accepts it.
2, Bitcoin is used to transfer fiat value.
3, Bitcoin can be purchased and held and sold in the future to gain profit if the sale price is higher than the purchase price.
This is why I think itâs not a gambling asset because my opinion is supported by 100% fact, So, No, what I think is actually not completely disconnected from reality.
Perhaps the people that actually thought Bitcoin IS a gambling asset have the delusion? afterall the evidence is that their gamble did not work because the Bitcoin value lowered and they lost money Also many of them held their money with FTX which turned out to be a ponzi.
The part you donât understand is that even if one Bitcoin was worth ÂŁ0.01 I would still be using it for some of my private transactions. Too many of you are stuck on the possibility of becoming rich easily or generating large sums of money quickly, because of this many will be in a position for others to take advantage of.
Get real ok, read about chyperpunks, the double spend problem, all of this is very well documented over the last 50 years and Bitcoin happens to be the result. The real delusion is to completely ignore all of these facts like what youâre doing.
âbeing used as a gambling assetâ is the same as
delusional : when you consider what you want more than what actually is.
You are literally saying one thing and the opposite :
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Corrected.
And thus you talk about people who donât exist.
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Note that I did not say, âthe price will go up or downâ I only highlighted that one can do that if they choose.
I realise that people will always do what they choose to do no matter what I could ever tell them. Yes Bitcoin can be invested in, but is it a good idea to do so? Personally I do not think so, which is why I donât think itâs a gambling asset. Of course itâs possible to gamble with it, my point is that is not itâs true purpose,
Start here with your research;
You are merging two different things.
There is not profit in investing in it, as you need to have insider knowledge, like when the âpseudonymousâ twitter posters with codename âElon Muskâ posts about it.
There is not profit in mining it. I kept asking you about details of your mining operation and it was always very unclear how the profits were made until you had to shut it down. You probably made more money with the game hosting you did with the same hardware. Again you were very dodgy about it indicating an investment scam. Where you kept saying âYow, dudebruh, weâre all gamerz, man, we can make money without âinvestmentâ.â which was clearly delusional.
The only âworthâ of it is âcentralizingâ shady payments, which are now easier to track.
So people should buy and HODL for 30 years? 40 years? 2000 years?
No, that is what you made of it. It is a gambling thing due to itâs price fluctuations and the false advertising around it.
Are you going for your delusional âcrypto is for the poorâ again? This was already debunked but lives in your head rent free apparentlyâŚ
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But your honor, a chair is not an illegal weapon. It is possible that I did throw one to the police and wounded them, so in my defense, itâs not the purpose of the chair which now makes me completely innocent in my opinionâŚ
Oh armchair lawyers⌠Iâm lovinâ itâŚ
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How about not buying at all and getting on with their life.
Iâm not anything, Iâm just a guy pointing out facts. But I think Iâm about done with you.
So One using their existing gaming machine to mine Ethereum is a scam? If anyone did try it their gaming machine would have been used to process ethereum transactions and for that they would have been paid in bitcoin.
But of course you will think that is a scam when it is not. go ahead and say it, but intelligent people who know what they are talking about know itâs not a scam. Itâs just a guy using his computer to process other peoples trans actions and getting paid for it.
No idea what you speak of, you seem so deluded that you barely know what is happening today with regard of cost of living and that literally everyone is struggling with all their bills. But hey, you carry on living with your head in the clouds and not paying any attention to anyone except those who follow your troll/deluded beliefs.
Itâs cool, donât bother researching this point you seem happy believing mis-information and falsehood 
Itâs really okay if you believe Bitcoin is a scam, the people who know itâs not will continue to use it for retail and others will still buy it to hold for their extra lifelong quadruple extended investments which will take a good 20 to 30 years to get profit.
At this point, claiming it is not like you do is plainly dishonest.
And before you change again : nobody wrote it was only a scam. Claiming people wrote that is delusional.
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Ok cool. Your convo is confusing, believe whatever you like
What is it now? Flavor of the day coin?
People struggle with their electricity bills and your solution is mining? Epic stuff there.
Nicehash claims my hardware (medium end) would net me 0.14 USD/Day of value at the cost of 0 euros of electricity. This is obviously a lie, because even they know as they add a disclaimer (on another page)
âPlease note that the profitability, listed in the profitability calculator, is calculated and shown based on past profitability and cannot be directly used as a prediction for future profitability. Also please note that you cannot simply multiply 1-day profitability with, for example, 30, to get the profitability for 30 days - it does not work that way. Profitability often changes and this is also why past 1 day, past 7 days and past 30 days profitability can vary a lot and is based on actual past profitability, not simply calculated from 1-day profitability.â
So poor people would gain 0.14 USD/Day minus the âfreeâ electricity cost⌠I would call that a scam. You should stop scamming poor people with crypto mining. Or trading, or any side scam thatâs constructed around crypto.
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1, Mining crypto hasnât been profitable for a while now around a year, the electric cost is greater than the amount earned from mining (WHICH IS WHY I STOPPED MINING)
2, The current electric cost is now much higher than when I said that about the RX 580
3, Suggesting people using their existing gaming machine for crypto mining is not a scam.
4, Again, believe whatever you feel you need to, Iâm not sure anyone really cares.
Translation : âI am entitled to scam peopleâ.
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So youâre telling them to do stuff that will lose them money? Even if you donât gain from it it sounds kinda scammy to me.
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About a year and a bit ago I was using around 100 GPUâs where the processing power was rented across the internet to a person mining Ethereum (mining ethereum involved confirming transactions on the ethereum network, which helped generate new coins for the network), this person paid me in Bitcoin for the service.
The confusion is Aedaxus posted what I said from about a year ago when mining would not lose anyone money through electric cost as electric was cheaper back then.
I did think it was a great way to earn money, from what I could see people were willingly using the Ethereum network to transfer value and complete secure retail purchases, I was very excited so I was telling others about it.
Whenever anyone used the Ethereum network to transfer value or do a retail purchase they would pay a fee to use the network, and whichever node on the ethereum network confirmed a block of transactions would be awarded the new ethereum that the system creates.
There are rules to how much ethereum the system could create per the blocks that were realised. and there was also a limit to the total amount of ethereum that would ever be created.
No scams here.
