Did you buy the dip? YA-AH. Do you like rocket Ships? YA-AH Bitcoin's Back! - Video

AmericanMuskrat · 2022-02-05T10:32:10+00:00

Told the wife if she wants anything our money is worth money again.

Tarrock · 2022-01-24T05:04:17+00:00

Slurping up the diparinos

FuckYourMom · 2022-01-23T04:55:24+00:00

Bitcoin is going up.

Antarchomachus · 2022-01-21T20:03:56+00:00

Ah OK, I understand the basics of stablecoins but haven't gone too deep into those. I'm more just crypto-curios, I like the idea behind getting rid of custodial banking and their no-reserve lending money printing. Got a little in BTC and Monero, but I'm not too deep into this stuff yet either

AmericanMuskrat · 2022-01-21T15:51:02+00:00

Luna is the governance token of the stablecoin TerraLuna, which is currently the 4th largest stablecoin. TerraLuna has a market cap of only 536 million. Tether, the No 1 stablecoin, is at 77B and there's long running issue that they don't actually have the reserves they should.

There is a lot more potential for growth in Luna compared to the venerable BTC. However, on the other hand, it would hardly be the first stablecoin to fail. But most don't hit number 4 by market cap.

I expect another surge coming for BTC too, just it's going to be a lot easier to multi-bag on Luna.

I'm not financial or crypto wizard though, more a guy who casually enjoys gambling.

Antarchomachus · 2022-01-21T08:28:36+00:00

I'm not too familiar with Luna, what is it that you like about it?

Also curious if you have any thoughts on Monero, i've always been partial to it's fungibility, and the difficulty of tracing transactions or seeing other account balances

magnora7 · 2022-01-21T08:15:41+00:00

Bitcoin is important, but it's not immune to crashes either.

Personally, I think the ideal strategy is to be in cash now, buy in to bitcoin in about a year when it's down to $25k or so, and then sell 3 years after that when it's topping out at $100k. That's how I think it'll go. But just holding for 4 years works too.

AmericanMuskrat · 2022-01-21T04:12:07+00:00

The whole market is taking a bath. I don't think this is a pump and dump, something is happening. Not sure what.

Personally I like Luna a lot more than I like Bitcoin though, no offense intended being that this is the btc sub.

Horrux · 2020-07-30T13:51:11+00:00

I guess we'll see, right?

Jesus · 2020-07-30T11:38:41+00:00

Not dead yet. Not before a war. Or maybe, no war and they simply will transform the economy so that debt equals money. That might be the new currency system for good.

Remember the 1988 mag. They exclaimed that the early start of 2018 we must get ready for world currency.

They had what looked like a big bitcoin on the mag., with burning up nationstate paper currencies.

It said "get ready," so that did not that imply that the actual world currency would be here yet.

But how interesting, because in the early part of 2018 is EXACTLY when bitcoin took off and skyrocketed! Where it became a household name even by those who knew nothing about it.

Bitcoin was a desensitization program to get ready for a cashless society.

All banks are stocking up on gold. A SDR backed digital debt based currency is in the works. Like bitcoin but centralized. That is the goal.

everythings · 2020-07-29T02:38:09+00:00

The government printed trillions out of thin air and I finally bothered to learn how economics worked.

everythings · 2020-07-29T02:36:50+00:00

Bitcoin eats at his main product. He’s just worried about his business and believes gold with 5000 year track record is a better option.

Bitcoin is not a sure thing like gold.

Horrux · 2020-07-27T16:33:48+00:00

The US dollar is dead. Silver, gold, BTC, ETH are all up and up, it looks like the Fed has used up its ability to manipulate the price lower. End of the line, bye-bye USD.

kim4432 · 2020-07-19T20:26:44+00:00

there wasn't really a need for their own crypto since the central banks are already pretty much digital crypto and the central banks works fine as a way to steal from us,

but yes, they are working on a better system where they can have full control but i heard they are not sure how

kokolokoNightcrawler · 2020-07-18T21:21:59+00:00

Aren't they working on their own centralized crypto's?

whistlepig · 2020-06-26T17:32:36+00:00

I'm a computer nerd and a libertarian, so it was of obvious interest when the white paper first started circulating on reddit and slashdot 11 or so years ago. Wasn't smart enough to get rich though. My computer was too slow to mine. Bought some when coinbase first started in 2012, got nervous and sold a few months later making a few hundred. Originally I was concerned that maybe bitcoin was a sneaky way to introduce a world government coin with out it seeming to be one. Clearly (now) I give the globalists too much credit.

I had since saved up and bought a house so had money to invest in it starting in 2017 again. Was shocked to find the scaling model had changed and switched to bitcoin cash when that happened. But mostly I buy it to use it. The coolest thing I've bought with crypto is the Librem 5 back in 2018.

Also a fan of openbazaar. Strongly suggest people check that out if they haven't yet. The project is finally starting to mature.

btc

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