>store of value
>loses 70% of its value
lol
Store of value
Lincoln Parker
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Colton Flores
bitcoin community are looking like a bunch of assholes, their shitted over merchants and people that used bitcoin for years now that do not even have the store of value line
Camden Jones
it's le digital golde :^^))
Andrew Bennett
>now that do not even have the store of value line
They never had this line - I dont even know where it came from, who pushed this retarded line?
Jonathan Martinez
Nathaniel Parker
When bitcoin was seeing transnational fees in the $10+ range they started coping with that line. The idea was you don't send bitcoin you HODL it because it doesn't lose value. Then it lost all it's value. The new cope is Lightning network. When that fails they'll just say bitcoin is the foundation of the crypto space and it can't die!
Then it will die
Parker Torres
>loses 70% of its value
still up over 1000x from original price
>told you it would go down!!!
Zachary Hall
You have to understand that a store of value needs to be consistent day to day and month to month. BTC is not.
Henry Powell
Brody Ross
implying the original value of bitcoin is $7
Hunter Cooper
Bizfags believe in Gandalf's prophecy
Bentley Richardson
delete this memeline now
Jaxon Reyes
1BTC=1BTC
Cooper Watson
Implying that gold's never lost value
Jacob Cooper
I'd be so happy if my rent was 1BTC per month :)
Nolan Barnes
This
Zachary Jones
Not 70% in a single month. Face it, crypto was never supposed to be a store of value. BTC's purpose was to be used for decentralized transfers of value, day to day payments, and it failed miserably at that by not being scalable in regards to both transaction time and fees price.
Zachary Jones
>measuring value in USD
Joseph Morgan
Jace Martinez
Good point. Lets keep pretending its still worth 20k
David Hall
yeah... I can't wait something else replaces it
Jose James
Luke Wright
>>loses 70% of its value
If you bought high.
Nathan Reed
You have to understand that each asset's volatile. Just look at gold or silver.
Hunter Fisher
>Face it, crypto was never supposed to be a store of value
Who cares. Many things turned out in another manner as they were planned. So what.
>BTC's purpose was to be used for decentralized transfers of value, day to day payments, and it failed miserably at that [...]
BTC's still very young. Get a fucking grip you fucking mongrel.
Parker Nelson
>brand new technology
>volatile
pick 2
Lincoln Perry
kek if you brainlets want your store of value so much then just go all in on tether and stay poor.
Alexander Myers
>Store of value
>Gaining 500% over 1year
lol
Jace Young
this
Colton Adams
where do you live that is 4k a month?