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Thread: BTC Has Hit 25K

  1. #21

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    Quote Originally Posted by Atlas Shrugged View Post
    It is the biggest semi ponzi/pyramid scheme...ever. Although you could also say that Bitcoin is currency because currency is just an idea.

    Maybe the FRN is the biggest semi ponzi/pyramid scheme...ever and BTC is just the biggest DIGITAL semi ponzi/pyramid scheme...ever. Either way, as long as the Milleniums and below continue to BELIEVE in BTC, it will do just fine.

    I just think the blockchain will eventually get too big to make transactions easy.

    https://www.blockchain.com/charts/blocks-size

    Either way, I will not be messing with it, but I do hope our fellow Kitcoers do great with it.
    Cant buy something that makes no sense to me. "Blockchain" is whats so special about Bitcoin...but theres a ton of other "blockchain" cryptos....if it was unique, untraceable, secure and solely owned by bitcoin, I would be more interested. XBT is now over 33k....volatile is an understatement.

    How this is more desirable than gold(truly untraceable, anonymous and outside the range of hackers) is beyond my thought capacity.
    Politicians and diapers must be changed often, and for the same reason. -Mark Twain

    The purpose of life is to matter, to be productive, to have it make some difference that you lived at all. -Leo Rosten

  2. #22

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    Quote Originally Posted by Poor Twisted Monk View Post
    Close enough to $34K.

    Buy when it's back down to $20K.

    Never in my life would I have expected myself to say that.
    What do you think, will it hit $40K before $20K? $50K?

    Quote Originally Posted by Miteysquirrel View Post
    Cant buy something that makes no sense to me. "Blockchain" is whats so special about Bitcoin...but theres a ton of other "blockchain" cryptos....if it was unique, untraceable, secure and solely owned by bitcoin, I would be more interested. XBT is now over 33k....volatile is an understatement.

    How this is more desirable than gold(truly untraceable, anonymous and outside the range of hackers) is beyond my thought capacity.
    We will see. It is basically the corporate monetary digital protocols being utilized by an open source blockchain encrypted store of accounting.
    Now there's no more oak oppression
    They passed a noble law
    Now the trees are all kept equal
    By hatchet, axe and saw.

    I will not comply.

    The Tea Party... quietly plotting to take over the world,
    and leave you the hell alone!

  3. #23

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    Quote Originally Posted by Miteysquirrel View Post
    Cant buy something that makes no sense to me. "Blockchain" is whats so special about Bitcoin...but theres a ton of other "blockchain" cryptos....if it was unique, untraceable, secure and solely owned by bitcoin, I would be more interested. XBT is now over 33k....volatile is an understatement.

    How this is more desirable than gold(truly untraceable, anonymous and outside the range of hackers) is beyond my thought capacity.
    Everyone like digital nowadays. There are more people hunting in computer games and more people shoot guns in computer games than in the physical world (maybe that is a good thing, lol).

    I like analog and real stuff.

  4. #24

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    Quote Originally Posted by t00nces2 View Post
    What do you think, will it hit $40K before $20K? $50K?



    We will see. It is basically the corporate monetary digital protocols being utilized by an open source blockchain encrypted store of accounting.
    The amount of fiat is astronomically larger than artificial finite BTC. The hidden cost of corruption of stealing through printing fiat in notes or digital is simply using crypto to support the collapsing confidence. BTC and crypto are simply "anonymous" products created and funded by the same expert is currencies and many now funded it non stop with new digital systems like ETH. All internet, smartphones and computers are controlled by INTEL and Arms and secret semiconductors manufacturers. Pushing new idea to replace fiat 1.0 with crypto fiat 2.0 is simply snake changing its skin. Today BTC $25k is simply paying more fiat 1.0 units which can be created free of charge and funding minings hardwares and factories that will be intentionally bankrupt so they will produce "profit making" mining ASIC machine. All movies industries in Hollywood and Chinawood and Bollywood are paying infinity to VR and digital entertainment even though no one is paying any movie tickets with lock down. The Dark budget is simply exposed but can be continue with fake data just like how media are funded as well with infinity accounts.

    Limit others while giving itself unlimited money creations is the design of the monetary system and all promoters of all systems are just paid advertisement funded by the same fiat 1.0 bosses. This is no different than game coins like GTA bucks where they can create infinity to every gamers and sometimes promote the game with "fake glitch" so that gamers can get billions without doing any works and continue to play the game. Casino chips even need to transform to free digital coin to save cost.

    Lockdown essentially enforce the deployment of crypto digits with new crypto ID where your values is being measured like Japanese RPG games. The Judge is the defacto winner pf the system who are digital government with "trained" and certified official like Biden and friend to decide who is worthy to live and constantly using death threat to compel and bend all will.
    He who knows nothing is closer to the truth than he whose mind is filled with falsehoods and errors. ~ Thomas Jefferson

  5. #25

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    Quote Originally Posted by Atlas Shrugged View Post
    Everyone like digital nowadays. There are more people hunting in computer games and more people shoot guns in computer games than in the physical world (maybe that is a good thing, lol).

    I like analog and real stuff.
    Yup, like the soft skin of pretty women. All the incels can enjoy that plastic n gigits while sitting in fantasy getting fat in their easy chairs. I love the creation my love of analog created -- beautiful girls, no amount of techie created digits can compare to that.
    “Of all the contrivances for cheating the laboring class of mankind, none has been more effective than that which deludes them with paper money.”Daniel Webster (1782-1852)

  6. #26

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    Quote Originally Posted by Poor Twisted Monk View Post
    Close enough to $34K.

    Buy when it's back down to $20K.

    Never in my life would I have expected myself to say that.
    I never expected to see you say it either!

  7. #27

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    Quote Originally Posted by GoldFoilHat View Post
    I never expected to see you say it either!
    right now the momentum is cryptocurrency.
    don't fight the mob.
    If there were no btc, gold would be 5000+ by now, and silver 80+

  8. #28

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    I got bored over the holidays and was buying and selling some crypto. I wish I would have gotten out of XRP sooner than I did, and right into polkadot, went into ethereum instead which is fine for now.

  9. #29

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    Quote Originally Posted by everything1 View Post
    I got bored over the holidays and was buying and selling some crypto. I wish I would have gotten out of XRP sooner than I did, and right into polkadot, went into ethereum instead which is fine for now.
    Is polkadot a real thing?

  10. #30

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    I still don't get the allure of crypto. But I am old enough that it probably doesn't matter.

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