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Isn't it obvious that crypto is going back up to new highs just like before?
Poast new message in this thread
Date: July 2nd, 2022 12:35 AM Author: cracking business firm toaster any reason we shouldn't be buying as much crypto as we can afford, waiting 2-3 years, and being filthy rich? (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44782508) |
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Date: July 2nd, 2022 12:55 AM Author: Fragrant pontificating theater stage Excellent plan! Report back in three years. (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44782601) |
Date: July 2nd, 2022 12:54 AM Author: seedy haunting fortuitous meteor I am extremely selective with my portfolio these days. 99% will go to zero. (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44782600) |
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Date: July 2nd, 2022 1:26 AM Author: sapphire supple library Give some recs plz (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44782673) |
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Date: July 2nd, 2022 12:57 AM Author: excitant elastic band dopamine crypto will moon again but first it will go lower. so hold off. you have until 2024 before the next bull run. (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44782609) |
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Date: July 2nd, 2022 1:02 AM Author: Boyish wine trust fund (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44782624) |
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Date: July 2nd, 2022 1:27 AM Author: pea-brained home Crypto will never come back. The stock market will never come back. Buy propane and freeze dried meat now. (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44782677) |
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Date: July 3rd, 2022 12:54 AM Author: cracking business firm toaster (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44786998) |
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Date: July 3rd, 2022 1:00 AM Author: Appetizing lemon main people It will take a long time. May not go up really until 2024. You might get a fake rally of BTC back to 30k this year to fool some (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787018) |
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Date: July 3rd, 2022 1:02 AM Author: concupiscible cuckold Holy shit - 180. BITCOIN (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787023) |
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Date: July 3rd, 2022 1:03 AM Author: Lavender Lettuce Can anyone tell me what Bitcoin is for other than speculation?
It is not a store of value. It is not a transactional currency. It is not an uncorrelated asset class.
What is it? |
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Date: July 3rd, 2022 1:06 AM Author: mind-boggling bawdyhouse It is its own category. The question is why you can't understand that. (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787035) |
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Date: July 3rd, 2022 1:08 AM Author: Lavender Lettuce Assets have intrinsic value or are widely recognized as a store of value
The burden of proof is on the people pushing for some new category of asset that has neither |
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Date: July 3rd, 2022 1:09 AM Author: Bipolar legend cumskin *JPMorgan and Paypal ban you for wrongthink* (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787047) |
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Date: July 3rd, 2022 1:14 AM Author: Lavender Lettuce Just do spend a bunch of money on GPUs and electricity to mine some online currency (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787057) |
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Date: July 3rd, 2022 1:07 AM Author: cracking business firm toaster it's the only sovereign digital reserve currency (think gold x10) (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787036) |
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Date: July 3rd, 2022 1:08 AM Author: Lavender Lettuce Currency requires some stability in value and widespread acceptance / ease of transacting. Bitcoin has none of that (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787045) |
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Date: July 3rd, 2022 1:10 AM Author: cracking business firm toaster it will become less volatile when it reaches $10 trillion market cap (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787049) |
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Date: July 3rd, 2022 1:12 AM Author: Lavender Lettuce What would cause that? Chicken and egg here (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787055) |
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Date: July 3rd, 2022 1:14 AM Author: cracking business firm toaster look man, it's only 13 years old, vs gold's 10000 years old
but it's the only viable candidate for a digital store of value / currency that is independent of any country's government.
it will eventually gain tractiion/adoption/etc. seems inevitable because there is no alternative |
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Date: July 3rd, 2022 1:15 AM Author: Lavender Lettuce Why would governments allow such a threat to their monetary policy systems without banning, co-opting, or usurping it?
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Date: July 3rd, 2022 1:17 AM Author: cracking business firm toaster the US government already classified bitcoin as a commodity in 2014, bro (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787063) |
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Date: July 3rd, 2022 1:19 AM Author: Lavender Lettuce If bitcoin becomes a threat to the USD in terms of transacting, do you think they would sit by idly and let it happen, rendering domestic monetary policy useless?
Useless monetary policy / lack of eurodollar demand would literally implode the empire |
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Date: July 3rd, 2022 1:20 AM Author: cracking business firm toaster bro, it doesn't need to be a threat to the USD in terms of transacting.
i'm telling you it's digital gold, which will be 10x bigger than the obsolete physical gold |
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Date: July 3rd, 2022 1:22 AM Author: Lavender Lettuce Then we need to see significantly less price volatility / lack of correlation before I give that argument any creedence (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787071) |
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Date: July 3rd, 2022 1:24 AM Author: cracking business firm toaster uhh ok
just wait another 10 years when bitcoin is up another 2000% |
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Date: July 3rd, 2022 1:25 AM Author: Lavender Lettuce I could say beanie babies or online Madden stickers are a store of value. You saying bitcoin is the same doesn’t mean much without it actually operating as such (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787075) |
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Date: July 3rd, 2022 1:29 AM Author: cracking business firm toaster my goodness you are dense
comparing bitcoin to beanie babies rofl
there are so many well-written essays about the unique properties that bitcoin has that make it the only viable digital store of value ever created. go do some simple googling
you obviously understand nothing about this subject |
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Date: July 3rd, 2022 1:30 AM Author: Lavender Lettuce Ad hominem, appeal to authority, etc. This is reddit tier poasting - be better
If you can’t succinctly tell me why bitcoin is a store of value despite its history as a volatile asset class highly correlated to equities, then your argument sucks, no matter how many bitcoin whitepapers you may read |
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Date: July 3rd, 2022 1:25 AM Author: Bipolar legend cumskin in fact China has already banned it between ten and fifteen times (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787074) |
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Date: July 3rd, 2022 1:16 AM Author: Sienna Gaming Laptop State it's another big tech stock now. stop thinking so hard (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787061) |
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Date: July 3rd, 2022 1:16 AM Author: Lavender Lettuce Fair. I’d rather keep shorting NVDA (http://www.autoadmit.com/thread.php?thread_id=5144812&forum_id=2#44787062) |