early adopters
"the early adopters want out, guise!!!"
Bitcoin
- Thread starter Wild Turkey
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Timestamp: Wed 18 Oct 2023 13:47 Pacific
Bitcoin Price: $28,240.40
Next halving: 190 days +/-
Bitcoin Price: $28,240.40
Next halving: 190 days +/-
...and Dole said this today
We can tell that you know a lot about Bitcoin.
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I read the Emperor's New Clothes when I was 5, I'm good.
Some people fervently believe in Bitcoin, while others see zero fundamentals in it as a value proposition.
Sort of like the religion and bigfoot issues.
Sort of like the religion and bigfoot issues.
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Some people understand Bitcoin, while others are content to be ignorant.
Sort of like you.
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Bitcoin is a commodity. Do you know what has zero intrinsic value by its very definition? Fiat currency.
You just hang on to those nice safe dollars, Dole.
Speculative haha
First it was money for criminals. Than a speculative asset. Then it became magic internet money. It was then insurance for fiat. Now it's an insurance policy for the global economy. You're way behind bro.
Fiat is cheap and unlimited. Bitcoin is limited and finite. It's programmed full of value.
Value is not limited to fiat currency which by the way is backed by the full faith and credit of the United States. There are also stocks, bonds, notes, land and real estate, precious metals and other investment instruments backed by collateral and assets that have a tangible objective value.
You people are investing in algorithms worth only what the next idiot is willing to pay for it.
Agree to disagree.
So scarcity is its own value proposition? Ludicrous.
Then you don't understand scarcity. You really should take a few minutes and learn a little about it. At least the basics.
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Makes you rethink the value of bitcoin, it's not just an investment... it's a technology that could really better humanity and buyers aren't selling as the halving looms."they're trying to cash out! OMG!!!"
66%
As the bear market trend continues, affecting all major coins, and Bitcoin's 60% decline from the start of the year, since July 2022, there has been little change in its illiquid supply. 66% of Bitcoin's circulating supply, i.e., 12.26 million BTC, hasn't moved for a year, according to Glassnode data. Over half hasn't moved in a year.
lel
Condor shit is also scarce. How much would you pay for it?
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You're speaking of that which you do not know.
There is not market for condor shit and it is worthless. There is a global market for Bitcoin. Each is worth about $28,000, with a total market valuation of $622,000,000,000.
Do you have any more questions?
You are really too dumb to be wasting my time on. Maybe look into why DeBeers controls the diamond market.