Post
Topic
Board Bitcoin Discussion
Re: Bitcoin losing value is nothing surprising, will continue
by
Crafts12
on 09/10/2018, 10:58:30 UTC
Bitcoins losing meaning and value is natural, its not capable to manage the worlds economy, you freaks dont understand that because you dont want to face and consider the complexity of the worlds socioeconomic structure, thinking you could replace all currencies with a currency that is based on race about installed computation power without imense social, cultural, and economic consequences was a ridiculous idea in the first place, that drove the ponzi scheme hype and was nothing but a naive illusion, wich you used to collect followers.

nevertheless some good thing remain, of bitcoins shortlived existance

an online kapital market, and a more decentral kapital market where the influence of the national banking cartel is reduced,

exactly what satoshi wanted.

i doubt satoshi was so stupid to actually think that he would replace all currencies with bitcoin like all his followers did.

satoshi was seeking to reduce the influence of the banking cartels, and i think he achieved what he wanted.

Bitcoin's volatility is so natural. Most of us know especially the higher rankings and the veteran in comes of investment and the one whose knowledgeable about bitcoin knows that there comes a time that bitcoin holds a less value or nothing at all yet they aren't sad nor panic whenever they heard it due to they know well that it will bounce back at the highest possible value that bitcoin can obtain.