Bitcoin is a Ponzi

lib123

All Star
Joined
Jun 16, 2015
Messages
6,132
Reputation
334
Daps
12,442
This nikka has been on repeat for half a year repeating the same shyt every month

laughing-laugh.gif

Lol half a year isn’t a long time. And stop lying, I haven’t been repeating the same thing every month. Funny how y’all deflect whilst crypto is literally collapsing. And no coherent counter arguments to the OP points raised.
 
Joined
Nov 19, 2016
Messages
2,002
Reputation
482
Daps
11,086
The bubble will pop by next month. No, I’m not lost I was early. Just like most people who called the dot-com and housing bubbles. I guess John Paulson was ‘lost’ because he started betting against housing in ‘05. You’re lost on the history of financial bubbles.

Are you more confident now than ever before? The bubble will pop and crypto will die?
 

Chrishaune

Veteran
Joined
Jun 28, 2012
Messages
36,184
Reputation
2,456
Daps
88,350
Reppin
Huntsville
How low this shyt going? I don't wanna miss the big dip this time

I think it hasn't hit the bottom yet, at all.

By the time it hits the bottom other stuff might be going on in the world to push it down farther. Potential wars. New Federal Reserve backed digital currency.

It feels like the people in charge of the money system are trying to crash it to introduce their own centralized digital currency. Traceable money. That just makes a whole lot more sense for them and they want to be able to tax everybody. It is what it is. They control the money system. It's easy for them to devalue this stuff when they control it.
 
Last edited:

Menna

All Star
Joined
Jan 20, 2016
Messages
2,933
Reputation
-78
Daps
4,301
lol...Im sorry you guys didn't invest in 2016 or 17 the people that never get in or get in late always say its a Ponzi ... its costs thousands of dollars to create one bitcoin at current... it has inherent/intrinsic value
 

lib123

All Star
Joined
Jun 16, 2015
Messages
6,132
Reputation
334
Daps
12,442
lol...Im sorry you guys didn't invest in 2016 or 17 the people that never get in or get in late always say its a Ponzi ... its costs thousands of dollars to create one bitcoin at current... it has inherent/intrinsic value

lol that cost is arbitrarily created by a computer program. that's not intrinsic value.
 

Jekyll

Superstar
Joined
Jun 27, 2012
Messages
7,645
Reputation
839
Daps
33,008
Reppin
NULL
. it has inherent/intrinsic value
Lol not if it’s obsolete, which BTC has been as a format for a while. Also the US is already accepting comments on a plan for its own digital currency based on the block chain. Which do you think the masses will flood to?
 

boskey

Top Rankin
Joined
May 1, 2012
Messages
15,122
Reputation
3,581
Daps
62,250
lol that cost is arbitrarily created by a computer program. that's not intrinsic value.

That means it has negative intrinsic value lol. You waste thousands of dollars to create an entry in a ledger
 

old pig

Veteran
Supporter
Joined
Nov 12, 2017
Messages
105,181
Reputation
20,016
Daps
437,513
Lol not if it’s obsolete, which BTC has been as a format for a while. Also the US is already accepting comments on a plan for its own digital currency based on the block chain. Which do you think the masses will flood to?

this shows how ridiculously little you know lmaooo

the US is looking to create a stablecoin which will not be an investment vehicle

it will not compete with bitcoin in that regard lol

this is basic shyt smh

I’m not even trying to act like I know it all…far from it…but there are ppl in here who know nothing who shouldn’t be saying anything at all
 

Jekyll

Superstar
Joined
Jun 27, 2012
Messages
7,645
Reputation
839
Daps
33,008
Reppin
NULL
this shows how ridiculously little you know lmaooo

the US is looking to create a stablecoin which will not be an investment vehicle

it will not compete with bitcoin in that regard lol

this is basic shyt smh

I’m not even trying to act like I know it all…far from it…but there are ppl in here who know nothing who shouldn’t be saying anything at all
You’re in here calling bitcoin an investment and claiming that people don’t know anything about it. Keep mining those useless ass tokens breh. I ain’t tryna convince you of shyt:mjgrin:
 
Top