This will never die

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oof

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i really hope it moons bros. If it can get to 100-200k I'll have enough for a house, that's all I need. I'll gladly wage slave forever just as long as I know I have a roof over my head that is my own. Everything else about the rat race will sit fine with me. I just need this little boost in life bros.

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nice.

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you're good bro, don't take the wage slave meme that seriously I've already made it enough to live neet life if I want and it ain't nothing special, I'm going to take up a trade just because. Redefine your "making it" definition as not having the same pressure most serfs feel, being able to chill and have more flexibility to shape your life how you want without getting bored.

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that's exactly what I am going for. I enjoy my job, its rewarding, but I just want to have housing security you know? with a house you are already emancipated from most wagecuck feels.

PoW is extremely insecure and can't survive adversity.
The only reason it works is because no one attacks it, and no one attacks because it's hard to profit and it's illegal. The biggest attack was on etc which only happened because it was possible to rent enough on nicehash.
It would take less than a billion to destroy bitcoin.

I love the Woo charts. We are in the beginning of the next BR. Accumulation period is about to end. Whether it drop to 3k or stays in 9-13k, it's the bottom. The variation there, compared to the new ATH, will make sense after it occurs. If you want to be in BTC, get in now, accumulate periodically. It might drop and you'll get some nicer returns on those investments. It might not, but you will at least make those gains.

Leave the altcoin roulette

It would take all of China's miners to coordinate an attack to succeed. Do you honestly think this will happen?

I was a early investor in BTC (2011)
But i just recently realized that the last bitcoins wont be mined until long after our deaths.
Didnt realize it would take that long

You can always make new asics.
The total miners' revenue EVER is about $12B. How much of that was spent on designing and producing 7nm asics? $300M? $100M? These amounts are trivial in the grand scheme of things.
The moment bitcoin actually starts to be used by eg. Iran or North Korea to "store value" destroying it suddenly becomes a military objective.

All it would take to kill monero is 6% of ethereum miners, yet nobody attacks. People just expect PoW to work magically because it worked in the past. Bitcoin is bigger but it's the same false sense of security derived from lack of attacks. If crypto ever stops being a toy for speculators that's going to end.

Yes but what is the significance of that conclusion. The amount will be so minuscule

Iran govt already has been using BTC. The entire world is using BTC. Congress is wising up to it. If you think that all of the sudden they're going to ban it using NK and Iran as an excuse, there isnt any real world evidence to really support that

what about the heat death of the universe?

I'm not saying they're going to ban bitcoin, there's no reason to ban something that can be destroyed outright.
>Iran govt already has been using BTC
where? Don't confuse random users from Iran with the state.
>The entire world is using BTC
even usdt has more actual use than btc.
>Only 20 percent of Oleg’s sales are in bitcoin, the oldest cryptocurrency with the largest market capitalization. The other 80 percent is in the dollar-pegged token known as tether, or USDT.
>Chinese grey-market importers used to rely on bitcoin before the 2018 bear market, another OTC dealer, Roman Dobrynin, told CoinDesk. As the price was ever-growing, merchants and the intermediaries helping them buy crypto could make some extra money along the way.
>But since the beginning of 2018, hoping that your bitcoin will still be worth the same or more at the end of the transfer became too risky.
>“As the price was going down, tether became much more convenient to use,” said Dobrynin. “China is totally reliant on USDT, they trust in it a lot, plus it’s very liquid.”
coindesk.com/tether-usdt-russia-china-importers

But that's beside the point. Less than one billion would be enough to manufacture new asics and create a 51% attack lasting days. Only the motive is currently lacking.

AHAHAHAHAAHAHAHA

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