Crash? Do you know what a pattern is? Have you noticed that historically, bitcoin's volatility follows a cycle of bull and bear markets and each "crash" sets a new bottom that's twice as high as the previous one, creating an upward trend over time? How come that people who buy to hold and believe bitcoin is sound money are still way ahead even after the "crash"?
You're so desperate to shit on bitcoin while Jeff Epstein literally explained to you how the real ponzi scheme is ran by the central banks and fractional reserve banking. Most MSM "expert" shills and boomers are against bitcoin btw. I wonder why.
They attack what they can’t understand, in a digital world no less. After they mention gold, which I like, try to explain counterparty risk. Then mention how difficult it is to check the gold you’re buying to see if it is cointerfeit (e.g. filled with tungsten.)
Bitcoin has a huge amount of utility value in the digital age. Bonus - Try taking your physical possessions with you if you have to flee.
Exactly. Also they play dumb pretending as if gold cannot be taken from the people by the government when this is exactly what happened in the 30's. This would be so much harder (I'd say impossible) to do with bitcoin. And who do they think holds all the gold mining operations around the globe? Who holds 20% of the gold reserves in existence? It's the jew banksters of course.
Bitcoin has an edge over gold as a currency in every aspect possible. That doesn't mean bitcoin has a greater material value - of course it doesn't because it's just digital squiggly lines on a public network and gold is a shiny precious metal with intrinsic value outside of it being used as money. They can't make the distinction between currency and raw material.
Most conspiratards are economically illiterate and are bound to wageslave their lives away. What's the point of knowing all this stuff about how the system really works and collecting all the folders if you're still enslaved by it? Notice this is not due to lack of info or anything - it's just arrogance and doubling down out of pride. I was a huge bitcoin skeptic too, but I eventually looked more into it, took the L and admitted I was wrong. Humility is greatly rewarded and I'm not just speaking about material wealth.
A crash is still a crash even if you have a cyclical commodity. However, there is no fundamental reason to believe the bitcoin cycle continues indefinitely. In fact there is ample reason to believe it finds its intrinsic value of 0 eventually.
We've likely already passed peak market saturation. CNBC has been pumping the coin for years now, it has its own ETF, ponzi scheme companies like (Micro)Strategy cashed in big, everyone and their mother has heard of it. Be happy you made whatever you did and buy something of value.
Sure, let's talk in a few months time. I've been hearing how it's literally going to 0 because it has no intrinsic value and how it's going to burst any moment now for 10+ years and it just keeps growing, it keeps getting more widespread and more institutionally recognized. Bitcoin fud sounds awfully similar to the climate change doom and gloom - any time now for the past 50 years.
I never sell and till buy the dips because even at 100k it's peanuts for the actual value of bitcoin in the near future when scarcity settles in and very few people worldwide would own 1 BTC or more. No other asset, including real estate and gold (and I have both) can match it.
Crash? Do you know what a pattern is? Have you noticed that historically, bitcoin's volatility follows a cycle of bull and bear markets and each "crash" sets a new bottom that's twice as high as the previous one, creating an upward trend over time? How come that people who buy to hold and believe bitcoin is sound money are still way ahead even after the "crash"?
You're so desperate to shit on bitcoin while Jeff Epstein literally explained to you how the real ponzi scheme is ran by the central banks and fractional reserve banking. Most MSM "expert" shills and boomers are against bitcoin btw. I wonder why.
They attack what they can’t understand, in a digital world no less. After they mention gold, which I like, try to explain counterparty risk. Then mention how difficult it is to check the gold you’re buying to see if it is cointerfeit (e.g. filled with tungsten.)
Bitcoin has a huge amount of utility value in the digital age. Bonus - Try taking your physical possessions with you if you have to flee.
Exactly. Also they play dumb pretending as if gold cannot be taken from the people by the government when this is exactly what happened in the 30's. This would be so much harder (I'd say impossible) to do with bitcoin. And who do they think holds all the gold mining operations around the globe? Who holds 20% of the gold reserves in existence? It's the jew banksters of course.
Bitcoin has an edge over gold as a currency in every aspect possible. That doesn't mean bitcoin has a greater material value - of course it doesn't because it's just digital squiggly lines on a public network and gold is a shiny precious metal with intrinsic value outside of it being used as money. They can't make the distinction between currency and raw material.
Most conspiratards are economically illiterate and are bound to wageslave their lives away. What's the point of knowing all this stuff about how the system really works and collecting all the folders if you're still enslaved by it? Notice this is not due to lack of info or anything - it's just arrogance and doubling down out of pride. I was a huge bitcoin skeptic too, but I eventually looked more into it, took the L and admitted I was wrong. Humility is greatly rewarded and I'm not just speaking about material wealth.
Ok you're a bag holder, we get it.
A crash is still a crash even if you have a cyclical commodity. However, there is no fundamental reason to believe the bitcoin cycle continues indefinitely. In fact there is ample reason to believe it finds its intrinsic value of 0 eventually.
We've likely already passed peak market saturation. CNBC has been pumping the coin for years now, it has its own ETF, ponzi scheme companies like (Micro)Strategy cashed in big, everyone and their mother has heard of it. Be happy you made whatever you did and buy something of value.
Sure, let's talk in a few months time. I've been hearing how it's literally going to 0 because it has no intrinsic value and how it's going to burst any moment now for 10+ years and it just keeps growing, it keeps getting more widespread and more institutionally recognized. Bitcoin fud sounds awfully similar to the climate change doom and gloom - any time now for the past 50 years.
I never sell and till buy the dips because even at 100k it's peanuts for the actual value of bitcoin in the near future when scarcity settles in and very few people worldwide would own 1 BTC or more. No other asset, including real estate and gold (and I have both) can match it.