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Showing 20 of 106 results by Rebdoomer
Bitcoin should be the rarest digital asset that's tradable with real life items as long as governments and businesses accepts Bitcoin. There are NFTs that are the rarest blockchain but it cannot be used like a currency like Bitcoin.
We are officially in the Bear market and I do not expect a lot from Bitcoin at the moment. Considering last year at this time when Bitcoin was just above 9k we are well placed this year. The market will trend sideways and I think it will remain the same till September this year. Historically November is the month when Bitcoin starts pumping.
I agree that we are in a Bear market. It's important for investors to know those monthly trends which can help an investor safely enter the market and safely leave the market.
Just because I have a long-term vision. I don't care about short-term fluctuations in price. I care about what Bitcoin is and how important it will be in the world in the years to come.
I have the same future vision. There's new people born into this world everyday and they are the future blockchain investors because today they are too young right now to invest until they become adults.
I compare NFTs and ICOs to the Tulips mania. Infinite supply with the initial hype that increased it's value then the demand faded away towards the end. Though 1% of NFTs were successful like Beeple and Cryptopunks.
Litecoin has more competition against speed coins with low transaction fees and fast transaction times. Coins such as Dogecoin, Bitcoin Cash, Dash, Nano, Digibyte, Ethereum, Cardano and Tron. There are many more, these are the main ones.
Tulips bubble had an infinite supply.
.com bubble had an infinite supply.
ICO bubble had an infinite supply.
NFT bubble had an infinite supply.
The US dollar bubble and US debt has an infinite supply.
Bitcoin has a finite supply of 21 million coins.
Gold has a finite supply on earth.
That's why I call ICOs, NFTs and .com sites as digital tulips. Though 99% of these failed, 1% of these did become successful. Bitcoin is not a bubble because it's finite compared to the other bubbles. Bitcoin is compared to Gold because of it's finite supply.
.com bubble had an infinite supply.
ICO bubble had an infinite supply.
NFT bubble had an infinite supply.
The US dollar bubble and US debt has an infinite supply.
Bitcoin has a finite supply of 21 million coins.
Gold has a finite supply on earth.
That's why I call ICOs, NFTs and .com sites as digital tulips. Though 99% of these failed, 1% of these did become successful. Bitcoin is not a bubble because it's finite compared to the other bubbles. Bitcoin is compared to Gold because of it's finite supply.
That's all correct although I often asked myself whether it is 100% known how much gold there is on Earth. Yes it is finite of course, but do scientists or the respective companies know how much gold there is? I think that might be another advantage because with Bitcoin even my grandma knows how many there will be, but with gold I think hardly anyone, if anyone, really knows. Couldn't it be possible that somewhere in the sea a couple of miles below the surface gold could be found? To me there is still an unknown while for Bitcoin there is not.
I agree. I also wonder about how much gold that cannot be reached such as in the deep sea.
Why NEM? Hold BTC and ETH to see what happens in the next five years time, they never disappoints, the best coins to hold for many years to come is the king and queen of crypto, every other coins can lose it's position easily
Bitcoin and Ethereum is what I was also going to save for long term holds.
⭐ Merited by vapourminer (1)
Tulips bubble had an infinite supply.
.com bubble had an infinite supply.
ICOs bubble had an infinite supply.
NFTs bubble had an infinite supply.
The US dollar bubble and US debt has an infinite supply.
Bitcoin has a finite supply of 21 million coin.
Gold has a finite supply on earth.
That's why I call ICOs, NFTs and .com sites as digital tulips. Though 99% of these failed, 1% of these did become successful. Bitcoin is not a bubble because it's finite compared to the other bubbles. Bitcoin is compared to Gold because of it's finite supply.
.com bubble had an infinite supply.
ICOs bubble had an infinite supply.
NFTs bubble had an infinite supply.
The US dollar bubble and US debt has an infinite supply.
Bitcoin has a finite supply of 21 million coin.
Gold has a finite supply on earth.
That's why I call ICOs, NFTs and .com sites as digital tulips. Though 99% of these failed, 1% of these did become successful. Bitcoin is not a bubble because it's finite compared to the other bubbles. Bitcoin is compared to Gold because of it's finite supply.
In crypto and in stocks, if you're short term paper hands seller minded person that only thinks about this year then you will lose, but if you're a long term diamond hands buyer minded person that thinks about 10 to 20 years from now then you will win.
HODL because people are born into this world everyday, these new people are future investors. People that pass away, their untouched crypto keeps the prices afloat. This is why crypto will continue to rise in price. Crypto is just like the S&P 500.
HODL because people are born into this world everyday, these new people are future investors. People that pass away, their untouched crypto keeps the prices afloat. This is why crypto will continue to rise in price. Crypto is just like the S&P 500.
⭐ Merited by LFC_Bitcoin (1)
I would sell 10 years from now. Even 20 years from now or hold it forever to politically stand against the fiat, the bankers and the government.
Re: How many scammers have you funded by putting your money in?
It's no surprised that ICOs are being compared to NFTs of right now. It's just a pump and dump, quick to make money scheme.
Just stick with the basics: Bitcoin, Ethereum and Binance Coin.
Just stick with the basics: Bitcoin, Ethereum and Binance Coin.
Re: The fall from 65k to $30k was the best thing to ever happen to Bitcoin
Some how you might be right but this sounds weird to some people who must have bought the top, the recent dip really cost pain to many crypto investors and traders because it really took them unaware, everything happened so sudden. But this is still an opportunity to many people! Yes because bitcoin falling from 65K to 30k is really an opportunity to enter into the market because surely $65k isn't the top for bitcoin this year and it's obvious only the diamond hands Will make enough profits.
I didn't touch crypto once Elon Musk joined. The dip that cost pain to crypto investors that you mentioned followed Elon Musk. I knew that was going to happen. Now that Elon Musk left for now, now crypto investors can rejoin the crypto market.