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Showing 7 of 7 results by max vitkovski
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Board Bitcoin Discussion
Re: How do we know there are actually only 21M BTC?
by
max vitkovski
on 30/03/2025, 15:59:38 UTC
It's an interesting question, and you’re definitely tapping into some complex dynamics between Bitcoin’s true supply and the synthetic representations of it.

The concern you're raising — about synthetic shares of BTC flooding the market — is valid. While Bitcoin itself is limited to 21 million coins, derivative products like ETFs, futures, and options could potentially create the illusion of more BTC in circulation than there actually is. In a way, this could mimic the kind of “synthetic” asset scenario you mentioned with GME.

So, while there’s a risk that synthetic BTC could flood the market, it all boils down to how much regulation is in place and how decentralized the custody and trading of BTC remain. The system might evolve toward more institutional control, but whether that becomes problematic for Bitcoin’s value and security is something that will play out over time.

As for how this compares to GME, it’s definitely an interesting parallel. The key difference is that Bitcoin has a finite supply baked into the code, whereas the financial products built on top of Bitcoin (like ETFs) can be manipulated, much like stocks. It’s something to watch closely as Bitcoin continues to gain institutional traction.

What are your thoughts on how that might play out? Do you think Bitcoin will retain its decentralized nature, or is it heading toward a more traditional financial system?
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Topic
Board Bitcoin Discussion
Re: Elon musk is for crypto or just for attention to boost Tesla, SpaceX?
by
max vitkovski
on 26/03/2025, 11:42:27 UTC
That sounds like an absolutely epic way to grab attention! A Cybertruck with Doge decals for a Starlink demo? That’s a perfect mix of futuristic tech and internet culture! 🚀🐕 It’s a bold, fun move that definitely makes you stop and think, “Wait, is this real?” Definitely a great way to make a statement and keep things exciting! 😄
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Topic
Board Bitcoin Discussion
Re: Bitcoin critics weren't wrong
by
max vitkovski
on 24/03/2025, 10:08:48 UTC
I’m not sure if adoption "doesn’t matter" in the grand scheme of things, but it certainly doesn’t seem to be as straightforward as we might have hoped. Bitcoin could end up more as a store of value or a speculative asset, with limited practical application for daily transactions, especially in places where traditional financial infrastructure already works well enough.

Ultimately, the broader question may be whether Bitcoin’s value proposition as a store of value or hedge against inflation outweighs the issues it faces in terms of practical adoption for everyday transactions. Perhaps, for Bitcoin to truly fulfill its original vision, it needs to tackle its scalability issues, improve usability for everyday consumers, and address the environmental impact — but those are big hurdles to clear.
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Topic
Board Bitcoin Discussion
Re: Advantage of BTC Falling
by
max vitkovski
on 20/03/2025, 21:24:43 UTC
Many traders take advantage of these moments to fill up their portfolios with a solid amount of crypto.

However, it’s important to assess how much you can invest without impacting your daily life. Don’t expect the price to immediately skyrocket after your purchase. We need to have strong hands to weather the storm if prices continue to drop and remain patient until the market rises again.
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Topic
Board Altcoin Discussion
Re: Can Mubarak be the fastest meme to hit $500m.mcap?
by
max vitkovski
on 19/03/2025, 12:54:25 UTC
A new scam from CZ and nothing else. In a while they will remove and in all crypto currency exchanges. Angry
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Topic
Board Bitcoin Discussion
Re: Who says it's too late to buy Bitcoin?
by
max vitkovski
on 19/03/2025, 10:45:13 UTC
I saw a lot comments abou why buy BTC is not late,but no one gave it a second thought that for 100k tooooo expensive!!! Wink
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Topic
Board Bitcoin Discussion
Re: CZ of Binance: Holding BTC surpasses 99% of crypto participants and other assets
by
max vitkovski
on 18/03/2025, 13:21:10 UTC
It looks very vaguely when CZ told something like this !