Bitcoin
Bitcoin
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- neverscared0
Cryptocurrency is suddenly everywhere — except in the cash register
While interest in crypto has exploded, few people are using it for its intended purpose: to pay for thing
But for all the hype, there’s scant evidence that digital currencies stand on the threshold of some kind of mainstream breakthrough. While a recent Pew Research Center survey found that 16 percent of Americans have used cryptocurrency in some way, most buy it as a speculative investment, not for its originally intended purpose — as a way to pay for goods and services.
- who said it was to pay for things? "cryptocurrency" is already an outdated term.inteliboy
- if u want to replace fiat u need to pay things... or do the bitcoin suddenly not replace fiat anymore... flippin clownsneverscared
- Digital currency is a nightmare for privacy and central control!grafician
- shapesalad2
Fiat also pollutes:
- Cryptobros love saying fiat like Trump loved saying Chyna.palimpsest
- Cryptobros unite! against this slandershapesalad
- Charge Up & JO!palimpsest
- Banks are good & Bankers are honest folkGuyFawkes
- bankers and cryptobros are honest folk.neverscared
- neverscared-1
Alongside the hedge-fund cowboys arbitraging and leveraging their way to fresh fortunes, there’s a culture war being waged, with big implications for anyone thinking that the blockchain is just a cool way to lower the cost of cross-border remittances. Hidden in the army of moneymen is a fifth column of revolutionaries. Meet the new crypto-communists.
- drgs7
Orange = SPX
Blue = ponziAre we wasting time trying to predict Bitcoin?
- BTC is a ponzi scheme of sorts - all promise/hype, but nothing to back it beyond more promises, more hype.formed
- def. wasting and destroyng clean air with co2 emissions.neverscared
- Krassy3
so why is Bitcoin tanking now?
- Because of the Fed stating that they're eyeing to issue a digital currency? or what?Krassy
- S&P tanking as WAR gets priced in.shapesalad
- It'll bounce up as WAR startsshapesalad
- its the rassanssted
- It's the Fed. Interests rates are going up, that will slow the economy. Everything is going down, pretty hard, for months.formed
- No blood yet, but there will be. We need a big correction, runs like this are bubbles.formed
- Crypto being the biggest of the bubbles, of course, with the longest to fall. First the little guys, then BTC, etc., will get destroyed.formed
- How long before this bottoms out?Chimp
- its the reguladoooooorsted
- @Chimp i'm personally waiting for a 37 ish since 4amsted
- It was at 10k 1.5 years ago. I can see it going back to that. First, there's little selling, little bounces, but still optimism.formed
- but it should be at 39 now for that, this 40 barrier holds nice :) we need more bad news.sted
- Then we have a few big, bad days and people start to get scared. They take profits. It goes down more, then people get scared, the ones that bought high,formed
- @formed 10k in what timeframe? maybe in a year or so it will be around 20k. and thats it.sted
- panic ensues, real fear, then real panic, then real blood....finally those that took nice profits, or planned with cash on the side (that's me), swoop informed
- If we have a 'real' crash, like a 2000, 07, etc., I can see it going to $100, but that takes something we can't see yet (like war)formed
- It's not just crypto, everything is going to go down a lot. This sugar high cna't last forever and people will start to panic when they can't get 30% returnsformed
- in their sleep. It needs to go back to 10%, and that's gonna take some serious corrections (like DOW at 30k). High flyers always fall the fastest.formed
- Have money ready, this could be one of the best opportunities we'll see for a long time!formed
- @formed is the QBN financial advisor !Krassy
- @formed yup, no doubtgrafician
- because its the way of the universe.neverscared
- lol, send your checks my way ;-)formed
- it's going to be a tough year for everything, but once we have absorbed the hikes and return to earth with expectations, there will be another bull run, likeformed
- there always is. How far we fall is what no one really knows.formed
- sted2
Doit ya kant!
- ********4
Bye bye
- drgs1
Fantasplodges uncensored
https://imgur.com/a/rPF8PzJ
- neverscared1
- :D:D:Dsted
- Saveeeeee Matt damon from crypto
https://www.etonline…grafician
- neverscared2
- Full circle coming soon********
- wow he actually posted that himself: https://twitter.com/…grafician
- "MicroStrategy has purchased an additional 1,914 bitcoins for ~$94.2 million in cash at an average price of ~$49,229 per #bitcoin."grafician
- "As of 12/29/21 we #hodl ~124,391 bitcoins acquired for ~$3.75 billion at an average price of ~$30,159 per bitcoin. $MSTR"grafician
- ^ https://twitter.com/…grafician
- normal winter bouncing back ...or nuclear winter being destroyed .. we will see.neverscared
- highly likely just hot air like in his flippin ballons he is holding on ....boom.neverscared
- Full circle coming soon
- monNom0
Because nobody mentioned it yet, this is probably what driving the plunge: Russia to ban crypto.
- i did :\\sted
- its all here: https://www.qbn.com/…
hehhsted - neverscared mentioned it
https://www.qbn.com/…grafician - it's funny, all the countries with cheap electricity will ban miners, until only the US will remain as the only country to support mining and BTCgrafician
- grafician-2
BTC at $36K
- So who is underwater so far around here hehehegrafician
- and still there's no real blood....but there will beformed
- I feel bad for people who own bitcoin, and these volatile swings.pinkfloyd
- ask again in 5 years how we feelBennn
- That bad Bennn ha?grafician
- in 5 years we all have asthma from the shitty exuberant co2 hustle u are doing... will be very grateful to ask then..neverscared
- This happened in the summer. And 5-6 months b4 that. It's nothing new.dopepope
- the circumstances are new..neverscared
- grafician-1
El Salvador rekt
- OnlyNBQ00
- $35K nowgrafician
- Down 20mill so fardrgs
- its a rich country they can afford it easilyneverscared
- drgs1
Bitcoin will die in 2023 -- discuss
- *POOF*formed
- The Bitcoin bros said it would be $500K by nowNBQ00
- This last "bullrun" has broken everything. I think it happened too early/was forced
https://s3.tradingvi…drgs - That's what bubbles are. Once it settles, and destroys 99.9% of the crypto crowd, the real foundation will be built.formed
- EXACTLY like the dotcom bubble. Almost like history is repeating itself. Go figure!formed
- $34Kgrafician
- Who are blaming this time?palimpsest
- every time bitcoin makes a move up or down, I hear them screaming: its a bubblefairbaken
