Bitcoin is a Ponzi

[cheek100]

Lol I’ve always said I’m glad if y’all have been able to make money off of crypto. It’s still gonna collapse tho. Read the book below and research the dot com bubble. We’ve seen this before. Whenever common everyday people are hyped about an investment, the collapse is near.

Extraordinary Popular Delusions and the Madness of Crowds - Wikipedia

en.m.wikipedia.org

I wasnt talking about u I wouldn’t come at u in particular like that. I’m looking for the fuk nicca @ogc (I can’t tag him bc he’s a broad). p*ssy said it’s going to zero before 100k

 

[Bushmaster69]

Lol I’ve always said I’m glad if y’all have been able to make money off of crypto. It’s still gonna collapse tho. Read the book below and research the dot com bubble. We’ve seen this before. Whenever common everyday people are hyped about an investment, the collapse is near.

Extraordinary Popular Delusions and the Madness of Crowds - Wikipedia

en.m.wikipedia.org

That's a bad faith argument.

You want us to research why you take the position you do, but you won't take the time to understand the tech on the crypto side. The regulatory clarity coming. The amount of coutries that are phasing out their old financial systems for blockchain technology. You really don't know whats coming in the next 5 to 10 years. You will be left behind because of your willful ignorance.

If you understood btc halving cycles you wouldn't reply the way you did. If you understood ISO complaliancy you wouldn't reply the way you did.

 

[lib123]

That's a bad faith argument.

You want us to research why you take the position you do, but you won't take the time to understand the tech on the crypto side. The regulatory clarity coming. The amount of coutries that are phasing out their old financial systems for blockchain technology. You really don't know whats coming in the next 5 to 10 years. You will be left behind because of your willful ignorance.

If you understood btc halving cycles you wouldn't reply the way you did. If you understood ISO complaliancy you wouldn't reply the way you did.

Uh I never said that there wasn’t great potential in digital currencies in general. I’m saying the hyper surrounding bitcoin and other coins as an investment mirrors the hype of past bubbles since the 1600s.

 

[cheek100]

Uh I never said that there wasn’t great potential in digital currencies in general. I’m saying the hyper surrounding bitcoin and other coins as an investment mirrors the hype of past bubbles since the 1600s.

This is new shyt tho. U can’t compare it to past bubbles. The dotcom was still a groundbreaking event and had we positioned accordingly we’d have generated massive wealth
Remember they laughed at Amazon selling books?

 

[In The Zone '98]

Considering there is gonna be a crypto division within the White House, lets see what regulation comes out within the first 100 days of the new administration.

 

[BK The Great]

I rather have physical assets. Unless this becomes the norm I would be very carry careful with these things.

 

[cheek100]

I rather have physical assets. Unless this becomes the norm I would be very carry careful with these things.

What if physical assets were tokenized

 

[BK The Great]

What if physical assets were tokenized

I still think anything physical is better than digital. It needs to be accepted to the entire world first before I even consider getting into it but that’s just me

 

[hood b. goode]

Bitcoin prices on Thanksgiving Day

2010: $0.28
2011: $2.49
2012: $12.51
2013: $813
2014: $376
2015: $328
2016: $739
2017: $8,771
2018: $4,015
2019: $7,150
2020: $18,764
2021: $58,927
2022 $16,353
2023: $37,035
2024: $95,531

Last two bull runs bolded

Hint: By Thanksgiving 2025 Bitcoin should be on the way down again...make sure you sell your other cryptos at the top summer 2025

(Bitcoin might be a special case, ETFs and countries are aggressively buying it up, so there is a chance it doesnt fall again like before)

 

[hood b. goode]

I rather have physical assets. Unless this becomes the norm I would be very carry careful with these things.

Having a cold wallet to store your crypto on increases safety. but I get where youre coming from

 

[Indeed]

I'm going to be rich

 

[cheek100]

I still think anything physical is better than digital. It needs to be accepted to the entire world first before I even consider getting into it but that’s just me

Well fink is leading the way and the world follows fink.

 

[Bushmaster69]

What if physical assets were tokenized

Exactly! Lol. A lot of people don't know that every single RWA will be tokenized very soon.

 

[cheek100]

Exactly! Lol. A lot of people don't know that every single RWA will be tokenized very soon.

I just don’t want to be no boule negro about it. I know everyone’s not gonna get it but a few is better than none. Wall st silence speaks volumes when u look behind the curtain.
Not to mention the obvious censorship on major platforms. Who wouldn’t want to get in before regulation of any asset? Laggards that’s who

 

[lib123]

This is new shyt tho. U can’t compare it to past bubbles. The dotcom was still a groundbreaking event and had we positioned accordingly we’d have generated massive wealth
Remember they laughed at Amazon selling books?

Understood but several major companies went bust following the dot com bubble burst. And that’s the point, these bubbles inflate because they are viewed as “different” but then there is a massive bust when expectations become unrealistic. Also, Amazon almost went bust.

The little-known deal that saved Amazon from the dot-com crash

Jeff Bezos is the world’s second-richest person. His company almost went broke.

www.vox.com