Armenius
Extremely [H]
- Joined
- Jan 28, 2014
- Messages
- 42,054
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Well, I can respect that point of view. It's a better one than "muh GPU prices". Myself I see that as a problem to be overcome rather than a reason to give up and fail. That's one of the other beauties of crypto, it can evolve more quickly and change, unlike more legacy methods of holding value.
Be careful what you read and what you take from stuff like this. What HardOCP and other sites don't say, is that the previous month was more or less a continuous nice steady increase. Sites like this only post the negatives because it fits their narrative and the popular opinion on the forum. Stuff goes up, stuff goes down. That's life. Crypto is here to stay.
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Isn't that more like %70?
Be careful what you read and what you take from stuff like this. What HardOCP and other sites don't say, is that the previous month was more or less a continuous nice steady increase. Sites like this only post the negatives because it fits their narrative and the popular opinion on the forum. Stuff goes up, stuff goes down. That's life. Crypto is here to stay.
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But how is anything he said much less the original article "superficial" then?I'm not saying any of these events are untrue, I'm just saying you have to look deeper than such superficial things.
There is nothing new about Bitcoin and if you think it is then you don't know what you're talking about.Basically this is a new technology.
Half the point of Bitcoin and other alt coins is they're supposedly immune to manipulation!!Yes there's been manipulations, no doubt.
LOL Jesus man read up on the history of the Wildcat Banking period in the US in the early-ish to mid 1800's. Various private competing currencies that were promised to be manipulation free and offer anonymity has been done before and failed over and over and over again. It did nothing but fail and complicate things for decades before the practice was banned.But I feel that's an inevitability with how game changing crypto is
Its not FUD if people are actually going to jail for fraud and such and been caught red handed manipulating things. That is the exact opposite of FUD.When people are filling the world with FUD
This is conspiracy BS that doesn't make any sense. Shit those guys and Wall St. were all in on cryptocurrency up until very recently when it was shown to be more volatile and corrupt than even they could deal with. And these are the guys who did all the MBS tranches, CDO's, and such that blew up in 2007!!The people who want to see crypto die are the people with the most to lose by the democratisation of finances, i.e. the Warren Buffets of the world.
hey I was just coming to post that, ill do it anyways
10K in Bitcoin? That's a good reason to cry!Good!
One day I'm gonna look like the smart guy that got out early and traded off my 10,000 Bitcoin.
Best 2 pizzas I've ever ate.
10K in Bitcoin? That's a good reason to cry!
I hope the market goes to the moon and proves all the naysayers wrong!
Uh it's a joke.10K in Bitcoin? That's a good reason to cry!
I hope the market goes to the moon and proves all the naysayers wrong!
I heard of lesser stories, but holy crap, 60 mil.....Uh it's a joke.
You do know someone actually paid 10,000 Bitcoin for 2 pizzas right?
Yeah that really wasn't me.
Yes 10k of whole honest to God bitcoins for 2 pizzas. $60 million now even its decline
I have maybe $100 in it. Not worth crying over.
If it goes to nothing I won't be hurting or regretful.
Wasn't that long ago it was at $16k
Has the bubble finally popped?
The #hodlgang must feel pretty silly now.
As a 2014 hodler, sure. Then again, I divested a small portion of my original investment for a 8x return. Paid more in taxes last year than I made on paper at my Bay Area job. So BTC could go to zero and I’m still way ahead. Long term crypto is here to stay. I’m not planning my next withdrawal till it hits $100k.
I'm eagerly waiting for the day all the 'coins' get their real world value of 0.
I hope the market goes to the moon and proves all the naysayers wrong!
building the bottom of the bowl, ignore the fud and negative press. look at the 1day-week graphs instead of the 1hr graphs
you'll see its about to start forming a curve up.. there will be more dips but not as bad as previous ones.. the curvature is about to go up now.
Well, I can respect that point of view. It's a better one than "muh GPU prices". Myself I see that as a problem to be overcome rather than a reason to give up and fail. That's one of the other beauties of crypto, it can evolve more quickly and change, unlike more legacy methods of holding value.
Here're the stages of a bubble. Looking at your comments, I guess we are right around at "Denial" and "Bull Trap".
I do not think you know how this works.And I note again: No one seems to want to answer the question of "How do we store the entire blockchain once it reaches Terrabytes in size?".
When you consider the long-term problem that the blockchain is going to be unstorable for normal users, and combine that with the fact that it's non-economical to produce due to power draw (a problem that gets worse over time), and you realize the long-term, all crypto-currencies have no future.
All I see here is a pretty standard pump-n--dump.
They have value because people worldwide have assigned it value and the math (not some particular goverment gatekeeper) keeps that value assigned to the private key owner— without exception.They fundamentally have no value outside the hype.