WTF is now wrong, all cryptos down?

[cherry]

well yeah, the price is the best marketing gimmick ever. And?

And this: https://en.wikipedia.org/wiki/Pyramid_scheme. It rarely ends well.

That depends highly on circumstances. It may or may is not.

Most people's circumstances is definitely tracked and cucked to government reporting.

Unclear as many are exchanges.

I find it quite clear enough to raise concern with the masses should the issue politically blow up. Blackrock alone owns nearly 3% of all BTC.

As are many other fiats or things . Its just accounting.

The 1987 Black Monday crash lost just 23% on the DOW. That's not even big by BTC's ability to crash.

There is no intrinsic value anyway, its a moot point as all value is subjective and depends on the situation.

Well then! If there is not intrinsic value, using it as a store of value is unwise.

There are no high fees, otherwise just use lightning or liquid.

They're high enough to make buying a pizza unfeasible. Most people don't know about Lightning. The fees could be overcome but the initial challenge was to point out flaws in BTC and the fees is one of them. Other coins have better fees.

No. Its not 2017 any more. You really should upgrade your args.

Skype was around for over 20 years then got washed up by Zoom in a few months.

Blackberry to iPhone

Nokia to Blackberry

These things happen all the time. BTC is not shielded from new fads like say, gold is, to call BTC a store of value.

 

[cherry]

Property and stocks in western countries i would disagree.
The first asset will need some patience but will be the most lucrativ one.
Would people understand what the new monetary system means to that assets which they don't even hide they would mainly focus on it.

You are right. I included property and stocks as alternatives to BTC, but of course, they can absolutely crash along with the Western countries those properties and stocks are based in.

 

[JohnnyDoe]

Keep this discussion alive, it’s being going on with the same arguments since 2011. Latecomers will buy at $1m anyway

 

[daniels27]

Keep this discussion alive, it’s being going on with the same arguments since 2011. Latecomers will buy at $1m anyway

2012 to be correct.

N

Thread 'QA to my project'

Aug 14, 2012

Iam out to get a e-currency exchange and a bitcoin mining pool running.


I thought about a private bank account, a company account and a company setup.


Of course taxes also play a role but asset protection first.


The assets should be protected from the perspective of a european resident.


From previous research i know that i probably need regulation for that business, however, right now i don't know where to start.

• nereus
• Replies: 18
• Forum: Offshore Company

Nobody is forced to buy bitcoin. Neither in 2011 nor in 2111. It is absolutely voluntary. There are many things you can invest in and make money.

 

[369]

Keep this discussion alive, it’s being going on with the same arguments since 2011. Latecomers will buy at $1m anyway

The diffrence is crypto back then was being promoted to later implement the new monetary system.Right now in 2025 the first of two new monetary system are being implemented so you can't compare these to timeframes as being the same. at least it would be very unwise.
Even if bitcoin goes to 1000k thats like x12 currently.
I know mining companies who did better perfomance the last 12 months and they will clearly outperform bitcoin in the commodity cycle.
Small market caps mining companies will always outperform bitcoin now which has a big market cap when the fundamentals of the mining company are solid