You have 12 hours biz before the next leg down to 2800
Just hold LINK. Seriously.
i'm fine with that- will be b
-25% down inc for your shit coin
ty blessed user
Based on ta or manipulation, user?
>Based on ta or manipulation, user?
both. Not larping, it may not hit 2800 tonight, but it will 100% break 3k. Get out while you can.
2500 is the bottom
>2500 is the bottom
I have bad news for you. BTC is going to 0 at some point.
250
that is some high quality FUD
Alts will overtake btc market dom. BTC going to 0, it's the Model T of crypto.
yeah but lets face it as what is
if BTC remains as is, it might go to a million just as collectors item and unit of account the satoshi
the biggest issue would be change in the constitution, like what we had with the soft fork of segwit, segwit is an effective failure so we are back to basics and that is good
BTC can never be world money, because it is not fungible.
Soo BTC can be ok as long as it remains as is, without the subversion of blockstream. And it won't be zero.
>if BTC remains as is, it might go to a million just as collectors item and unit of account the satoshi
What a great ROI. Just think, in 100 years it'll be worth 50k. And your family can dig up your corpse and decorate it with supreme stickers right?
only if I can safely pass my key to them, actually i was thinking a lot about that
you cannot make it into a smart contract because you cannot store encrypted data in it, you have to oracalize it too
but defiantly when I know I am a goner I will just give them the keys and say HODL
BTC is just 10% of my folio.
Tell us more about how you first heard about crypto in 2017 and know literally nothing
the cope of the justed
fuck off retard
Graph doesn't lie nor does it let emotions get the best of it like you. Enjoy the barnacle covered red devil dick coming soon.
what kind retard reads that scammy shill site? seriously how big of a dumbfuck are you?
faggit
Only cucks own BTC. It was a jewish plot to strengthen the banks hold by showing the masses how shitty crypto is. 1 TPS using a fucking gigaton of CO2 per block.
It's going to 0 - that is for damn sure.
Can't wait to buy cheap! Bring it on user
NOW, not 12 hours
>I have also yet to hear a single intelligent challenge to this argument from the bitcoin community. Instead, the typical response has been personal abuse. Name-calling is no substitute for a reasoned response, however.
It's not just FUD, if you can't refute it.
>what kind retard reads that scammy shill site? seriously how big of a dumbfuck are you?
Prove the article wrong. Or prove the TA that is posted everyday on coindesk wrong. (hint: you can't)
the first argument, natural monopoly
it is true as BTC is an ASIC coin, if BTC was backed by the true COMMON commodity of computation then BTC will be impossible to monopolize as the common will have the most efficiency, since the common can offset all the cost
the second argument, BTC is a technology and there is better already in play
it is also true, no privacy, long block times, small blocks, very high TX taxes
buuuuuut the conclusion is not correct !
deluded bcashies detected.
>buuuuuut the conclusion is not correct !
I agree with you on all points. Either way, it doesn't look good for btc.
hedged 33% of my link position
Got spot BTC buy orders between 2,700-2,900
>Got spot BTC buy orders between 2,700-2,900
around 3k will be a good zone to play the bounce. we'll go sideways and try hitting 3100-3200 for a few days then proceed to dump past 3k.
Any argument in favour of GPU mining will be instantly abandoned after looking at any GPU mining discord. Spineless whining rats who's only contribution to a coin is to obstruct the devs and provide selling pressure
Nah, were taking out Sep '17 lows
selling pressure ensures fair valuation and true store of value
Hahaha
Thank you. I started the model T comparison and it still stands now more than ever. The common narrative is to make fun of the "muh bitcoin is dead" crowd as it has been declared countless times before by them. The thing that's not taken into account this time though is the proliferation of multiple tokens and currencies that eclipse btc's use-cases by a strong margin. Look at any paradigm shifting technology, especially when it comes to software. Static linking led to dynamic linking which evolved into dynamic loading. Same thing with segmentation leading to paging. Software development moves fast as fuck, and if you can't scale you get left behind. Bitcoin already had to pivot from a currency to a store of value, which really hurt its credibility as far as commerce and widespread adoption is concerned. And if you can't understand why that is I don't know what to tell you.
Long story short, bitcoin will always be around but it will be a shell of its former market dominance and the price will soon reflect that as the really strong alt projects start to emerge.
name calling, ha ha ha NPC
what do you prefer, 2% growth an year
or 20x followed by 90% correction
the second is only possible if the supply is not fairly distributed
if the mining is done with common commodity the second it moons it will be dumped
>I started the model T comparison
No you didn't
Well said user. I am bullish af for crypto in the long run, but I do think btc is fucked. It's the dead weight we need to shed to keep moving forward.
But I did tho... Either way nice ad hom
> back to plebbit
Serious GPU miners switch coin whenever whattomine tells them to. They have no loyalty, no vision and the weakest hands in crypto. They marketsell every day, contributing nothing to development or and after their shitty useless coin (that they flooded biz with for a week) dies they sell their hardware and get a new hobby. GPU miners are peeballs, long live the ASIC chinks farms.
No you didnt you delusional child
That's actually an interesting way of looking at it.
k
> They have no loyalty, no vision and the weakest hands in crypto
How is that bad ?
Mining is method of fair distribution, first and foremost !
>loyalty
Why should they mine at a loss? They need to make ends meet. They have no obligations to support your bags. You're living in a fairy tale land.
In a competitive marketplace, interests (coins) with weak and disorganised shareholders (miners) will be out competed by coins with strong and organised ones. Im not telling you anything about ethics or obligations, Im telling you about the market forces that make GPU miners a worthless burden and why any sensible dev team should dump them asap (based skelly).
>I still think that the long-run equilibrium price of bitcoin is zero.
What if I told you that the long-run equilibrium of the state of the universe is zero kelvin, nothingness, emptiness. We, the civilization, are the volatility after a big sudden hit
2650* you fucking pleb
what are these strong alt projects you speak of?
On restaraunt Wi-Fi so different id. But I'm not the shill type so I would rather not say.
its all anonymous friend no one will know
Naaaah, waiting the other leg below $2000, fren.
I'm hoping crypto crashes soon, so I can buy pennies.
King shitcoin.
Can't wait for LINK to decouple from this crap.
bump
2 hours until op is wrong
Oh thank God, I was getting tired of waiting. My order's been set for nearly a month now.