Quote from: Biodom on October 30, 2021, 09:44:08 PM

Sup...when will this consolidation end?
What do you guys think...maybe this one will be a super-cycle?
If so, it might slowly go up in 2021-Q1 2022 to a local peak at 100-130K, then "slighly" dip (maybe to 50 from 100 or to 60 from 130K)...and then starts going in 2023-2025, finally reaching millions?

Apart from bitcoin-weird things are happening -maybe you noticed (insane dog memes, virtual land coin going crazy after Meta announcement, etc, etc).
My take: the reality might look shitty for some people in the future, who would then spent inordinate amounts of time in VR.
Basically, something similar to a Ready Player One world.
I hope that we might be more 'real", but I am afraid that the path is to the digital "opium" for the majority of the populace.

Bitcoin would likely be for more affluent enjoying the "reality" in their enclaves/citadels, and the majority would live using doge, shib, mana (or name some other s-coin example) in the virtual worlds (apart from the time spent on dreadful "work" in Amazon warehouses, Walmart, etc.)

I am afraid that "they" are going for the setup like this:

bitcoin-very high price, mostly for the wealthy ($1 mil-$10mil/coin).
doge seems to "want' to go to $1 (replaces $ for poorer folks)
shib seems to 'want" to go to 1c (replaces change).

therefore, you may pay for a big mac with doge+shib and pay for a new yacht with btc (or maybe borrow against your btc and then pay).

TL;DR We are probably replacing the whole fin system, but btc will NOT be the only transactional cryptocurrency. Sorry to mention some coins-just to make a point.

Lots of nonsense in your various talking points.

Sure currently and into the upcoming future, there is a pretty BIG transfer of wealth going on into bitcoin, but there is no need to be suggesting some kinds of simplistic assertions regarding the kinds of people that are benefiting from such ongoing wealth transfer because anyone could have gotten in, and sure there are some folks who are more aggressive than others to get their plot of bitcoin real estate.

There is also no need to generalize concerning how they might end up investing and/or using their BTC value. Of course, some folks are more in touch with reality than others, and some people are more in touch with expanding their various options to make sure that bitcoin is one of their options in which they do not spend as readily in accordance with Gresham's law.. and there are various folks who will recognize such value and to choose to spend their various other values prior to spending their bitcoin.

So, yes there are going to be a variety of ways to store and spend value and some folks are going to be smarter in regards to how the manage their wealth, accumulate wealth, store their wealth and which forms to spend than others in terms of being beneficiaries of the ongoing transfer of wealth that is taking place...

Yes, if you are traditionally wealthy you are able to get a large stake into bitcoin than others, but it is questionable regarding how many of the traditional wealthy are recognizing bitcoin as better stores of value than PMs, equities and/or property, and even the traditionally wealthy can come into the bitcoin game at a later date - so the transfer is ongoing rather than going to cause some shocking simplistic division regarding who is wealthier than others.

I doubt that bitcoin ONLY implies that the traditional wealthy are going to stay wealthy or that people who are currently holding bitcoins are going to be able to continue to hold their coins or even to recognize the value of holding their coins rather than cashing out into some other asset (or even into some shitcoin) that's going to cause them to lose a lot of wealth relative to having had kept a larger stake in bitcoin.

Even though we really do not know what the future entails, many of us longer time bitcoiners will recognize that holding onto quite a bit of bitcoin is going to give way more options to us as compared if we did not have bitcoin, and even if we might get ahead of some others who had been lagging in their recognition of the value of bitcoin and their lagging in their taking action to get a stake, the future elite may well have a bitcoin dominance in their having had gotten their, but the bitcoin elite are not going to be the only elite in such future... even though I get your point about value transferring over to the bitcoin holders, the way you frame the matter seems way too simplified and generalized.

Quote from: savetherainforest on October 30, 2021, 10:54:40 PM

Quote from: JayJuanGee on October 30, 2021, 08:16:46 PM

And it is not as if we are suddenly going to be relieved of the trolls, shills and bitcoin naysayers in this thread. Even his ongoing and seemingly willful misspelling of bitcoin should show that he is not even attempting to be genuine... even though sometimes it probably is still helpful to rebutt and to clarify his nonsense... not that there are very many folks here who do not completely see through him.. but at the same time, I see no reason to be nice to guys like that.. who are coming to threads like this in order to attempt to mislead folks even if they may well ONLY be successful in misleading a seemingly increasingly small number of newbies.

Look.... I write "BTCiTcoin" as I do to not trigger pattern recognition in predictive linguistics on mass emulation of the masses that is being constantly performed. I just avoid triggering and f%^&king with the MAIN words that are popular in a word cloud and I do not wish to enforce it.

............ If you all dipsh!ts started one day talking like me, the world would be in chaos and no one could know wtf is happening based on the language cuz everyf^cking.one on the planet would be just speaking gibberish in pokemon lingo.

*edit(): I also try to not write in the same manner in other parts of the internet. I kinda already said tmi... but lets just assume every account of every nonsense I have on the internet is a role-play persona.

You are too smart for your own good. I am not going to presume it, but whatever, you can live in any fantasy that you like in your suppose misinformation spreading world... that is most likely disingenuine rather than having some sort of supposed benevolent motivation as you seem to be propounding.