Why didnt u sell on top? 📉

Lol, so you fell for the “better than Bitcoin” shitcoins? Thought that was a thing in 2013

Technically they are better, just the trust level is different for some reason.

As lockdowns end people will want to exchange coin for goods and services. The same goes for any other currency & standards such as gold ect. They will all drop to their demand floor.

As crypto has no peg other than the crypto tech it is based on then of course the crash will be harder. Those with massive reserves of bit coin should consider obtaining a reserve to peg their currency but then that would defeat their original objective of decentralised currency :slight_smile:

Musk has provided a soft peg with tesla investment & soft offers for future direct exchange of service. If Musk can big up a currency price by 20% from a single tweet think what he can do if he decides to inverse his language. How decentralised is a currency when a single man can set price via tweeting?

Ecconmics is hard, someone should open a school or five.

As to eve as the lockdowns end and summer weather comes in peeps will let subs lapse, plex price will increasce & its dollar worth crash.

What cyrpto currency is the most flexible? I regret not buying bitcoin but I hear it has very slow and limited transaction ability. What cyrpto allows for visa like exchanges of very high cash ammounts?

Even the Treasure Secretary of the U.S. is against using bitcoin.

I’m probably one of the few people here not using WinDOS, lol.

Ok man. You totally did your research. :joy: :+1:

No ■■■■ Sherlock.

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VISA is horrible, it has like months to settle a payment. No blockchain scales, they all have the same fundamental problems. Bitcoin solves this with the Lightning Network and it is by far the most advanced actual scaling solution. It has instant settlement and unlimited almost fee less transactions, no other crypto can do that. It also has smart contracts that actually scale, unlike those that cram everything directly into a public blockchain.

Let the crypto wars commence!

Cool story

It probably already has more traffic than all those better-than-Bitcoin shitcoins together, which makes it super easy for them to claim they “scale” if they don’t actually have the traffic that cause the issues Bitcoin and Ethereum would deal with if they tried to “scale” on the blockchain.

I have some ADA and DOT as well, just as a hedge, those are the most promising. Other than that, good luck losing money.

Is it considered “losing money” every time you walk past a roulette wheel and don’t bet money on it?

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Yeah sure :joy:
You are obviously right. I’m an idiot! Go with the future tech :grimacing: :+1:

https://www.bloomberg.com/news/articles/2021-02-22/elon-musk-loses-15-billion-in-a-day-after-bitcoin-warning
16 hours ago — Elon Musk Loses $15 Billion in a Day After Bitcoin Warning · Jeff Bezos regains title of world’s wealthiest person · Zhong Shanshan, Colin Huang, …

Operation Crossbow (1965) - HD Clip

2,484,785 views • Oct 30, 2019
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Ideas turn into ideologies. So captivating. :joy:

Sure man, I just run the nodes and use the actual tech and part time work in the space. But I have no idea what I’m talking about :joy:

One thing I have learned, arguing about fundamental investment values, is that markets can remain irrational for incredible spans of time. For all we know, bitcoin could retain high values for many years.

Bitcoin seems very wasteful of computing resources. Like, deliberately, conspicuously wasteful.

That is not what I said. But as usual we get the dishonest Kell style answer.

:joy: I know tons of those, most are complete idiots and have no clue about technology outside their very narrow domain.

Sure, that makes you the expert! :+1:

As always, it’s just a complete waste of time talking to you. Back to the block list you go. Bye :wave: :joy:

The problem is you do not see the myriad of ways the governments can ruin you worse than a brain injury.

Ask someone in Burma right now if they’d rather try their luck with a brain injury or continue living under a dictatorship who actually thought at one point that it was a good idea to remove and confiscate all the bills in circulation except the 2 who had “lucky” numbers on them (and it is a ■■■■■■■ true story).

On this point the Americans are right, it is way better to have maniacs around with rifles and automatic weapons, and to risk dying without an helmet than to have to suffer even one day under the rulership of that kind of people!

We know nothing about future. Here and now we have problems determining whats truth and whats not.

Some people say you got to have faith. Even when talking about earthly possessions.