1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:
- Thread starter JordanWearinThe45
- Start date
the dollar as a store of value is to yahoo as bitcoin as a store of value is to googleWhat does the Yahoo and Google analogy mean?
Sounds like he saying that yes BTC started the wave and is currently king but may not end up staying that wayWhat does the Yahoo and Google analogy mean?
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What does the Yahoo and Google analogy mean?
it means that technologies are always improved on and first versions are rarely the last.
when yahoo was top dog no one saw google coming, and then google almost put yahoo out of business.
likewise (according to them) a better crypto currency will eventually crush the buildings
Hungary looking out for it's crypto investors. 
Adócsökkentéseket jelentett be a kormány, két szektor különadója is megszűnik
Adócsökkentéseket jelentett be a kormány, két szektor különadója is megszűnik
We need to figure out what coin that will be
Brehs how do you cash out without paying taxes?
Market will have to prove it can survive without BTC being the top dawg, because right now the market moves as BTC moves. For that to happen I think the BTC whales would have to abandon BTC and invest in the other coins.
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market? people transacting will be driven by utility NOT by trading ..
people in crypto keep speaking with double-tongues.
let's say that by that point the adoption problem will have been solved ..
Not to derail the thread but I don't think we are anywhere near adoptionm at this point. Probably a decade+ away if it ever indeed happens in our lifetime. So yea I refer to this as a market that is driven by trading until shown otherwise.
How many whales are there? With a limited supply, I can imagine any whale selling would greatly affect the price. Especially now with institutions getting in more and more. How long before they get tired of btc and move towards eth as it grows? Or what if whales take up mostly the entire supply? Or what if it loses popularity? Eventually the market gonna move with or without btc. I think over time it will happen.
IDK find a way to buy something like real estate with crypto???
either way unce sam gonna be on our ass....
the bossman
Superstar
The Yahoo and google metaphors was in relation to Ethereum. He said he doesn't see anything unseating BTC for store of value. But for smart contracts, he sees possibility for another chain to come in and do it better than Ethereum at some point