If you don’t understand the implications of this you’re a massive brainlet. This fact along with the relative ease of storage and transport makes effectively cornering the BTC market a much less risky proposition than for other markets. Combine this with the incoming access for previously untapped big players, and you’re a moron if you don’t see what’s going on here.
BTC is a Veblen good
Jaxon Bell
Jack Taylor
HOLY SHIT
Asher Taylor
doesnt change the fact that bots control the market and will keep dumping on you for months
Samuel Walker
$1M BTC INCOMING
Andrew Peterson
eventually
but short term price is pretty much determined by demand and there is no buying power going for btc at this price. which means it's going down. simple as that.
Josiah Mitchell
Will BTC ever reach $20k again?
Leo Morris
lol.... you have to realize that 95% of normans have no fucking idea what bitcoin does or why its valuable. They cant even fathom the thought of paying 6k for "1". Bitcoin can't die. It's literally fucking impossible because as long as even 2 people are transacting then bitcoin holds a value. This shit is fucking destined for success. Don't be stupid and think this is the end or it'll never reach "20k" or "30k" again. Those are pennies on the dollar to what is possible.
Luke Bell
luckily they cannot dump forever
it is good for distribution
Jordan Green
i agree but short term hang on to your balls cause we are going down and hit the water hard.
Kevin Gutierrez
Is this thread a safe zone? Am I free to jerk off about how beautiful and elegant btc is without retarded cashies or altcoin normies shitting their low IQ opinions everywhere?
James Barnes
we already experienced ~80% drop
it can't get much worse from here; probably 20% drop from here max as a worst-case scenario.
Robert Hernandez
Btc has security flaws (segwit is a backdoor effectively) i’d stay away until they get their shit together
Jace Parker
realistically 20% sounds about right but the max is more like 50%.
Brody Foster
this fud keeps popping up despite being thoroughly debunked.
Jordan Lee
> debunked
Dude you don’t know shit. Many ppl in the know are scrambling to keep the bews from spreading. Core has FUCKED bitcoin.
Samuel Wright
So lower price = lower demand then? Sounds like bitcoin is in for a negative feedback loop as we spiral lower
William Bennett
>Dude you don’t know shit.
it would help a great deal if you could present said vulnerability so that i can show you why it's bullshit. the truth of the matter is segwit transactions are not malleable segwit actually improved security. but go on i'm listening!
Isaiah Reyes
Yes we know it was a bubble
No we don’t give a fuck
Go blog somewhere else while i accumulate
Isaac Sanchez
FUCK OFF BCASH SHILL!!!!!!!!!!!!!!!! KILL YOURSELF!!!!!!!!!!!!!!!!!!!!
Mason Phillips
you forgot your larp name brainlet
Adrian Cruz
Thanks for buying my bags delusion boi
Ayden Miller
BTC price in 2020?
Jaxon Roberts
Jerk away. Btc is so good
William James
Btc price in 2020?
Landon Taylor
Who knows? Probably ramping up from 5k to ~15k