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Showing 4 of 4 results by Rich Tator
It is not possible to accurately describe the difference between Bitcoin and "altcoins" as a single topic. The code for BCH, for example, is extremely similar having been created by a fork of the same code base. The reputation and perceived value, compared to Bitcoin, are dramatically different. XRP (Ripple) has code which is radically different, and is centralized by a massive 100% initial premine. Somehow their reputation among the corrupt bankers has been growing stronger recently.
SOL and Tron, for example, try to compete with ETH as a platform for creating endless more tokens and you can easily start to see why some people passionately hate all altcoins.
SOL and Tron, for example, try to compete with ETH as a platform for creating endless more tokens and you can easily start to see why some people passionately hate all altcoins.
Is anyone open to the idea that Satoshi invented a brilliant new...
Self-moderated topic: All decent posts will be left alone, thank you.
Is anyone open to the idea that Satoshi invented a **brilliant** new type of sustainable Ponzi scheme, unlike anything the world ever saw before? Please, turn off your "flame-throwers", and understand there are some obvious similarities - like extreme wealth for the early participants & the way new money needs to keep coming in, or prices will fall sharply, etc. Once you understand the similarities and the way BTC is apparently sustainable, is there anything wrong with being a brilliant new type of Ponzi?
Currently, Michael Saylor, a large holder of Bitcoin, is still accumulating Bitcoin and according to his estimate, there is a high possibility of Bitcoin reaching 1 million by 2050. Bitcoin predictions are such that even if they seem unrealistic at first, they later turn into reality.
Is anyone open to the idea that Satoshi invented a **brilliant** new type of sustainable Ponzi scheme, unlike anything the world ever saw before? Please, turn off your "flame-throwers", and understand there are some obvious similarities - like extreme wealth for the early participants & the way new money needs to keep coming in, or prices will fall sharply, etc. Once you understand the similarities and the way BTC is apparently sustainable, is there anything wrong with being a brilliant new type of Ponzi?
Currently the price of Bitcoin is stable at around $100k, this price is the price predicted by many people several years ago. meaning it is not impossible for bitcoin to reach a price of $1M. in my opinion bitcoin will reach a price of $1M at least in 2050. the most important thing is that now we have to collect a lot of bitcoin for investment because the price of bitcoin will continue to increase.
A few years ago, when some people made various negative statements about reaching 100k, they are now expecting 1 million. Although there were many doubts about the price of Bitcoin reaching this level in the past few years, that has been dispelled. Now people are just trying to accept Bitcoin and hold it. They believe that it is very natural for Bitcoin to increase several times in the next few years. Moreover, if governments start reserving Bitcoin the way they are accepting Bitcoin, then the price of Bitcoin will increase rapidly and become more bullish.Currently, Michael Saylor, a large holder of Bitcoin, is still accumulating Bitcoin and according to his estimate, there is a high possibility of Bitcoin reaching 1 million by 2050. Bitcoin predictions are such that even if they seem unrealistic at first, they later turn into reality.
Please remember, if the economy collapses, many good people will need help.Re: Bitcoin’s Next Decade: Digital Gold, Global Reserve, or Obsolete Relic?
Based on the last decade: Humans have decided to make Bitcoin a toy to play with their excessive greed and steal as much as possible from other people, who put money into their centralized entities. If anyone wants something better, 2025 will be a good year to start.