The fact people say this about Bitcoin means Bitcoin hasn't been integrated into society yet, which means this is still the early stages.
Owning Bitcoin right now is like owning a piece of the internet before anyone actually used it for anything. Which means we're still early as fuck.
That said, I am not being a bulltarded about it, I am not saying "LE EBIN LINE GO HECKING UP" yet, because its not actually used yet. Its very possible that Bitcoin enters a doom-era where it goes down to less than $1,000/BTC again before it ever actually sees integration with humanity such as the internet did.
Its very possible that $69,000 was the speculative top, and that we'll now be in the $1,000 to $20,000 range for many years, and that halving cycles wont have much of an impact anymore due to most of the supply already having been mined.
It is possible $1,000 to $20,000 is the new range for Bitcoin for the next 10-20 years or more, and then it could then see integration and skyrocket to being worth tens or hundreds of millions per Bitcoin.
Nope. Thats not how it works. If Bitcoin goes there, everything else dies. Bitcoin is the only Cryptocurrency that offers what Cryptocurrency is meant to be.
Lincoln Nelson
Why do newfags always type in this retarded Reddit-tier blog style? Trying to use as many faggotty paragraphs as possible to say absolutely nothing.
>The fact people say this about Bitcoin means Bitcoin hasn't been integrated into society yet, which means this is still the early stages. btc is 13 years old, how long and how many more inflation bugs and centralized ownership do you need? How many times has btc to change it's narrative to become "adopted". Bitcoin is the most popular coin and the pumps are getting less and less. you could've bought bitcoin for the same price 5 years ago, Ohh sorry that's wrong you can also buy gbtc which sits at -31% which means we'll sit in a bear Market till this number goes up.
>Owning Bitcoin right now is like owning a piece of the internet before anyone actually used it for anything. Which means we're still early as fuck. Bitcoin hasn't a decentralized exchange like uni, it doesn't gives you privacy, eth has more transactions, eth miners earn more money, btc doesn't have stablecoins, the transactions last long and otherwise you're sucking middlemen dick.
>That said, I am not being a bulltarded about it, I am not saying "LE EBIN LINE GO HECKING UP" yet, because its not actually used yet. Its very possible that Bitcoin enters a doom-era where it goes down to less than $1,000/BTC again before it ever actually sees integration with humanity such as the internet did. yes bitcoin sucks and the gains will be less and less. muh 100k in 2021.
>Its very possible that $69,000 was the speculative top, and that we'll now be in the $1,000 to $20,000 range for many years, and that halving cycles wont have much of an impact anymore due to most of the supply already having been mined. Yup, top of the S-curve, the rainbow will break.
>It is possible $1,000 to $20,000 is the new range for Bitcoin for the next 10-20 years or more, and then it could then see integration and skyrocket to being worth tens or hundreds of millions per Bitcoin. Bitcoin sucks anyways and eth will flip btc in the next bullrun. the guys promoting bitcoin are as desperate as the guys that got liquidated
> Anyone who is anyone on the ch has heard of crypto and has known about it for years >Hundreds upon hundreds of proposed use cases (I'm old enough to remember "the unbanked" >Despite this not a single actual use case that isn't money laundering > Even your grandma has heard of it by now, yet the only people buying are get rich quick retards and degenerate gamblers >Most of these people don't even care about the technology or politics or understand finance or investing at all, they keep their coins on exchange or with some retarded ponzi cefi/defi because a facebook ad or a reddit meme told them to >The last ATH only just eclipsed the previous one, breaking the assumption of exponential growth forever > the low this time went way below the last ATH, breaking the assumption that you will never lose in the long run > the great rainbow chart of cope is still in deep blue, months after the crash
Face it, crypto is just a cargo cult and only retards buy in now. The real question is whether you can breed retards faster than the mining reward. Good luck lol
I was believing you untill you were talking about ETH which sucks even more than bitcoin
Jonathan Torres
Only retard buying now, the cool kids all boughted at 60k+! Makes sense.
Jayden Moore
Pieces of the early internet are still there, personal sites that look like an excel spreadsheet in 480p, untouched since the 90s. They're all worthless. As BTC will be if Blockchain tech gets integrated in rl because other chains have better tech.
Adrian Bailey
I will believe any scammer that appears on biz as long as they promise me that my vinu bags will recover, I am desperate, I want to go on vacation with a calm mind
OP sounds like a retarded faggot and if you can’t see that then you need to leave this board. There is literally no substance behind his newfag blog.
Aaron Anderson
>t. seething bagholder who has the same amount of dollars minus inflation after 5 years of hodling imagine the smell
Lincoln Brown
You're a fool If btc went anywhere close to 1k it would death spiral since it wouldn't be worth it to mine
Camden Sanchez
>>Most of these people don't even care about the technology or politics or understand finance or investing at all, Nice projection, faggot. >yet the only people buying are get rich quick retards and degenerate gamblers Hedge funds, banks, millionaires are buying it. You're a retard, plain and simple.
Ryan Robinson
>5 years of hodling I haven't even been investing for more than three years. STOP MAKING ASSUMPTIONS, STOP PROJECTING. YOU UTTER NIGGER.
Nathan Bennett
>look at all of these wonderful meme things it can do they why is it dumping? LOL
Xavier Long
>If btc went anywhere close to 1k it would death spiral since it wouldn't be worth it to mine Yet people were mining the fuck outta it at 1k after it shot up there from the three digit mark. My fuck, you Kike bastards realize that funding on Any Forums isn't gonna get people to walk away from crypto.
Gavin Perry
true you are clearly a first cyclist who can‘t grasp the concept that it‘s over..i twll retards like you to sell since 60k, always the same smug responses, get rekt you fat sweaty boomerfag