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Showing 20 of 389 results by Samthehero
Are you guys prepared for the dumpening??
The merge was the last straw. Now it will be only sell pressure in the next 12-24 months.
How low do you think it will go before all is said and done??
The merge was the last straw. Now it will be only sell pressure in the next 12-24 months.
How low do you think it will go before all is said and done??
True, but the risks to individuals in mainland China is extremely huge if one is considered to be an enemy of the people, state and party. That is not going to be a fun ride to puy it mildly.
China declares all crypto-related transactions illegal and forbids overseas exchanges from serving its citizens.
How will this impact Bitcoin and other cryptoprojects?? What do you think guys?
How will this impact Bitcoin and other cryptoprojects?? What do you think guys?
Re: President of El Salvador: The government will provide citizens with $30 in BTC
Maybe the people of El Salvador will see BTC for what is actually is; slow, very expensive fees, and basically pointless as a medium of payments for every day goods and services.
The FBI managed to retrieve most of the $4.4 million cryptocurrency ransom payment in Colonial Pipeline hack.
Can they also confiscate YOUR crypto funds if they wanted to??
What do you guys think about this...
Can they also confiscate YOUR crypto funds if they wanted to??
What do you guys think about this...
Re: MELTDOWN - if you don't sell now, YOU WILL LOSE MOST OF YOUR FUNDS!!!
The meltdown is in progress and will endure for as long as people are delusional, and by looking at a lot of the comments here - most of you are clearly delusional.
Re: MELTDOWN - if you don't sell now, YOU WILL LOSE MOST OF YOUR FUNDS!!!
I would strongly disagree. Selling your Bitcoin in a strong downtrend is the SMARTEST decision you can make. There is something called stop loss - use it or lose it!!
Buy back below 10K
Buy back below 10K
Re: Been left with my late uncle's crypto accounts - need some advice
This is what will eventually happen. Sooner or later all crypto funds will be lost - given enough time. If he had kept his funds in stocks or just a plain old bankaccount, you would have now had access to the funds.
Yeah. Looking at the technical chart, it looks like there is some support at or around 30K. Could be a battle of buyers and sellers right there. If it should power right through it and keep on dropping, that would be a clear signal to sell.
It won't ever replace FIAT.
Fiat can scale infinitely because it is centralized. There are zero bottlenecks with FIAT.
If some magic happens and Bitcoin replaces FIAT however, it would be same as FIAT without any physical bank notes...
Bitcoin supply is limited and it is cornered by a few people. It would be total chaos and the governments would fall and the next world war would begin.
Fiat can scale infinitely because it is centralized. There are zero bottlenecks with FIAT.
If some magic happens and Bitcoin replaces FIAT however, it would be same as FIAT without any physical bank notes...
Bitcoin supply is limited and it is cornered by a few people. It would be total chaos and the governments would fall and the next world war would begin.
You guys should be careful what you wish for. Sure, crypto is fun and interesting now.
You are right, total chaos and the governments would fall, and the next world war would begin, but not immediately.
The current fiat system, with the US dollar as the world reserve currency is what keeps the financial system stable. If Bitcoin or some other cryptocurrency should replace it, then the dollar money printing would stop and mass unemployment would be the result, mass starvation and mass protests like we have never seen before in modern times would after some time (maybe a year or two) take place. People would stop going out of their houses of fear of violent gangs roaming the streets, electricity and crucial societal functions would eventually stop. Shops will get looted and emptied, so good luck finding any food to eat.
If you think all that is really bad, the worst is yet to come.
All this chaos would lead to "strong men" ala Hitler/Stalin/Mao as the current political system disintegrates. When they clash, you can expect a nuclear exchange, with multiple ICBM's incoming.
ALL THAT MISERY BECAUSE OF SOME SHORT TERM GREED TODAY. BE CAREFUL WHAT YOU WISH FOR!!
We all have a duty to stop this from happening. You can all be a part of the solution, dont be a part of the problem, avoid the nuclear winter.
Scary yes, not very likely. Maybe a 10% chance, if that. And btw, no electricity no access to bitcoin.