It's a store of value in a hyper inflationary world

>It's a store of value in a hyper inflationary world.
>*loses 75% of its value*

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Other urls found in this thread:

en.wikipedia.org/wiki/Metcalfe's_law
theverge.com/2018/6/27/17509444/dark-web-drug-market-money-laundering-hsi-dark-gold
twitter.com/SFWRedditGifs

>it's the best coin because it was first. That's how technology works

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>You guys should really get in on this coin, it has a great community

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Ask Venezuelans if the Bolivar or Bitcoin stores value better.

It might have been if allowed to grow organically.

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This is a moronic explanation. BTC lost dominance because that's when the major alt run began where people were making the most money off of dumb new money entering the space from places like ETH

a-a-at least the big banks didn't take our money r-right. Maybe next time Warren Jewfet

What it means? Thanks

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This. OP, bitcoin is only for third worlders.

BTC was neutered from being usable currency, this spawned demand for alt run.
Im amazed how little attention announcements from Steam and others got.
Banks successfully delayed adaption by few years.
We should focus on real growth now. Supporting plain ponzies does lot of harm to whole crypto scene.

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en.wikipedia.org/wiki/Metcalfe's_law
Value is proportional to users in the network.
BTC is dying simply because it excluded itself from real usage with unpredictable transfers.

>BTC was neutered from being usable currency, this spawned demand for alt run.

No the demand for the alt run was people being greedy and wanting free money and it working, which caused more people to get into alts

People buy Bitcoin with same intentions.
They moved to alts because of uncertain future in main chain.

>They moved to alts because of uncertain future in main chain.

You are giving regular people way too much fucking credit

that's when the mempool became full you fucking moron.

>This is giving me antshare vibes

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Fuck didn't mean jack shit for BTC dominance which is dictated by overall market cap

Even worst brainlets realized what would happen when we ran out of capacity.

theverge.com/2018/6/27/17509444/dark-web-drug-market-money-laundering-hsi-dark-gold

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>ignores that it dropped 90% before and still fully recovered
70% drop once in a while, but goes up over time is much better for countries that have inflation over 10% every year and there are lots of them

no comment

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>Correlation = causation
Isn't this the first thing they drill people not to do in stats class?

yeah nothing to see here, its not like a intentionally limited bitcoin would make altcoins necessary.

25kg of xanax jesus fuck....

This is why you use monero

>Tokenization is the future

Fuck off. Literally 99% of coiners are just here for the quick gains.

Still 3x the value relative to a year ago. Don't buy into bubbles and crypto will treat you well.

That chart clearly shows causation, not correlation.

it stores value
but nobody promised how much it would store
just happens to be a lot less than 20K, 10K, 6K...