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Bitcoin is starting to take off because of the bank failures

submitted by deleted to FinancialNews 2.1 yearsMar 13, 2023 10:19:57 ago (+25/-1)     (FinancialNews)

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104 comments block


[ - ] deleted 10 points 2.1 yearsMar 13, 2023 10:43:30 ago (+12/-2)

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[ - ] x0x7 [op] 6 points 2.1 yearsMar 13, 2023 10:51:12 ago (+8/-2)

Because a cashed society with money that jews print is a utopia we must preserve. I love it when they have their enemies arguing for their weapon. Explain to me again why israel having nukes is important.

[ - ] deleted 2 points 2.1 yearsMar 13, 2023 15:57:21 ago (+2/-0)

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[ - ] Belfuro 0 points 2.1 yearsMar 14, 2023 03:10:06 ago (+0/-0)

You know that they have been inflating gold with fiat gold don't you?

[ - ] zr855 1 point 2.1 yearsMar 13, 2023 12:43:07 ago (+1/-0)

That's happening regardless. The question is will it be central bank digital currencies that jews create at will and fund BLM and invaders or will it be a decentralized currency they can't just wish into existence.

[ - ] deleted 1 point 2.1 yearsMar 13, 2023 15:58:45 ago (+1/-0)

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[ - ] zr855 1 point 2.1 yearsMar 13, 2023 16:42:03 ago (+1/-0)

Bitcoin IS the fight.

[ - ] deleted 0 points 2.1 yearsMar 13, 2023 19:22:45 ago (+0/-0)

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[ - ] zr855 0 points 2.1 yearsMar 13, 2023 20:13:17 ago (+0/-0)

If you mean in the moment, sure. If you mean as a whole for white people--no fucking way. The jew central bank pays the treasury in digital dollars to create physical bills. The jew central bank forces all other banks to require diversity officers to give loans to large companies and funds blm with money they just wish into existence.

NO ONE controls bitcoin and kikes can't just create it.

Hopefully you are aware that only banks create us dollars. https://www.youtube.com/watch?v=JG5c8nhR3LE

[ - ] Master_Foo 0 points 2.1 yearsMar 13, 2023 17:20:55 ago (+0/-0)

Your cash is controlled by jews.
Bitcoin doesn't have an ESG score or a DEI score.

[ - ] FacelessOne 6 points 2.1 yearsMar 13, 2023 10:25:27 ago (+8/-2)

Eshekels

[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 10:26:46 ago (+3/-3)

Ignorant, though unsurprising.

BTC is the only crypto currency that is truly decentralized. All the rest are centralized.

[ - ] x0x7 [op] 4 points 2.1 yearsMar 13, 2023 10:46:33 ago (+4/-0)

What about Monero? Even its development is more decentralized than Bitcoin. I'm for bitcoin but monero really is better in every way. Lower fees, instant transaction time, perfect privacy, tighter relationship with real world transactions. BTC gt USD. XMR gt BTC.

This site hates greater than symbols.

[ - ] zr855 1 point 2.1 yearsMar 13, 2023 12:55:40 ago (+1/-0)

Monero is VERY good BUT the centerpiece of crypto will always be bitcoin. Monero is very complicated and it's privacy has been broken in the past.

This isn't an either/or thing. There is plenty of room for a lot of cryptos.

[ - ] MichaelStewart 0 points 2.1 yearsMar 13, 2023 13:36:01 ago (+0/-0)

it's privacy has been broken in the past.

First I've heard, got a link?

[ - ] zr855 1 point 2.1 yearsMar 13, 2023 13:42:57 ago (+1/-0)

My mistake. It looks like there have been many. Just google Monero privacy broken. It's really to be expected the more complicated a code base you have. That's why it's important bitcoin remain super simple. The one I was referring to happened a few years back though. I can't remember the details. I didn't pay too much attention.

[ - ] zr855 1 point 2.1 yearsMar 13, 2023 13:44:13 ago (+1/-0)

This isn't the one I was talking about but here you go: https://decrypt.co/76938/monero-developers-disclose-significant-bug-privacy-algorithm

The one I remember took a while to patch.

[ - ] MichaelStewart 0 points 2.1 yearsMar 13, 2023 13:47:01 ago (+0/-0)

Interesting, I learned something today

[ - ] zr855 0 points 2.1 yearsMar 13, 2023 13:48:12 ago (+0/-0)

I LOVE Monero. Don't get me wrong. We need bitcoin though.

[ - ] MichaelStewart 0 points 2.1 yearsMar 13, 2023 13:50:17 ago (+0/-0)

I don't understand why we need BitCoin, but I LOVE Monero

[ - ] zr855 0 points 2.1 yearsMar 13, 2023 13:59:06 ago (+0/-0)

You need something super simple as I just demonstrated AND you need something with a small block size. The elites will literally segment the internet to try to stop crypto. It's hard to do with bitcoin since the small blocks can be relayed with dial-up or hell even ham radio if need be.

[ - ] zr855 1 point 2.1 yearsMar 13, 2023 13:47:30 ago (+1/-0)

This references the one I was referring to. The article downplays it but you should take note that it took a hard fork to fix and privacy was definitely lost for a period of time. That shouldn't be downplayed. Sure they should be congratulated for fixing it but privacy was lost and demonstrably so.

https://www.coindesk.com/markets/2018/03/30/broken-privacy-the-allegations-against-monero-are-old-news/

[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 10:47:25 ago (+0/-0)

Who can change the technical & functional mechanics of Monero?

[ - ] x0x7 [op] 2 points 2.1 yearsMar 13, 2023 11:01:47 ago (+2/-0)

Like all crypto currencies, people who use it voluntarily choose to update software. If the update isn't good then people don't update. If everyone is running the same software they were a month ago then the protocols are exactly the same as they were a month ago.

Monero doesn't really update as much as bitcoin. It doesn't need to. Bitcoin has a lot of pressures to change in the future because of its low transaction bandwidth, high fees, lack of privacy. All of these means politics over future updates and in those politics there is some risk of someone shimming in "their preferred solutions." I don't think its that big of a problem because the community wants independence from the Fed, but it is at least less of a problem for Monero.

But updates to bitcoin are fairly centralized. Its a few major mining houses that make the call. You honestly probably don't know much about cryptos besides BTC if you really think its the most decentralized. Even bitcoin cash is more decentralized. And it isn't going to be updated by a central body any time soon because they don't believe in protocol updates. They believe in forking. So your current BCH is always going to be the same protocol.

[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 11:03:46 ago (+0/-0)

Monero doesn't really update as much as bitcoin.

I'll repeat the question. Who can change the technical & functional mechanics of Monero?

But updates to bitcoin are fairly centralized.

Updates to Bitcoin are determined by the network of participants, and you can choose not to accept these updates which leads to hard/soft forms (see Bitcoin cash, etc).

[ - ] x0x7 [op] 0 points 2.1 yearsMar 13, 2023 11:19:35 ago (+0/-0)

Development happens by individuals presenting proposals with corresponding code and then the network votes on it. The difference is there are no major mining houses that are going to virtually make the decision.

[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 11:31:30 ago (+0/-0)

Development happens by individuals presenting proposals with corresponding code and then the network votes on it.

I repeat my observation and assessment.

Bitcoin is the only decentralized crypto. All others are centralized, because they have software developers making the proposals and improvements on the network.

Bitcoin is only changed by the participants, and you cannot be forced to agree without being protected by soft/hard forks.

Bitcoin is the only decentralized currently that exists.

[ - ] BestVeteran -6 points 2.1 yearsMar 13, 2023 11:01:27 ago (+0/-6)

How cute, the local methhead thinks he understsnds finance.

Have fun blowing your money on a get-rich-quick scheme.

[ - ] FuckShitJesus 2 points 2.1 yearsMar 13, 2023 11:06:11 ago (+2/-0)

You are an ignorant technical luddite. You can't even spell the word "understands" correctly.

Your insults are meaningless. I feel pity for your low IQ.

[ - ] BestVeteran -3 points 2.1 yearsMar 13, 2023 11:45:09 ago (+0/-3)

It's called a typo, you dipshit.

Also, you seem like a typical pseudo-intellectual, using terms like "luddite" and spouting off buzzwords you don't understand. Reddit seems like more your speed.

[ - ] FuckShitJesus 1 point 2.1 yearsMar 13, 2023 11:48:50 ago (+1/-0)

You're so dumb you think Bitcoin has "owners" that can "steal money". Your insults are meaningless.

[ - ] Clubberlang 1 point 2.1 yearsMar 13, 2023 11:04:46 ago (+1/-0)

Hey! Bigot literally hitler!

That's @maroonsaint to you!

[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 11:10:23 ago (+0/-0)

Is that MS? Seems even dumber than MS was.

[ - ] Clubberlang 0 points 2.1 yearsMar 13, 2023 11:51:08 ago (+0/-0)

Never under estimate maroonsaints stupidity in a crowd

[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 11:55:06 ago (+0/-0)

It's GradeAPatrioc. I should have known, haha.

[ - ] AryanPrime 0 points 2.1 yearsMar 13, 2023 12:54:07 ago (+0/-0)

that or blumen

[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 12:57:12 ago (+0/-0)

Look at the comments, it's definitely GAP.

[ - ] FacelessOne 1 point 2.1 yearsMar 13, 2023 12:27:30 ago (+1/-0)

Did you know bitcoin is majority owned by kikes. Thereby the price of your eshekel is under their manipulation. Bonus points, bitcoin was always the kikes favorite choice for manipulated markets.

[ - ] FuckShitJesus 1 point 2.1 yearsMar 13, 2023 12:56:54 ago (+1/-0)

Did you know bitcoin is majority owned by kikes.

I know you make shit up with zero evidence.

[ - ] FacelessOne -3 points 2.1 yearsMar 13, 2023 13:09:55 ago (+0/-3)

Checkmate eshekel shill

[ - ] Scyber 0 points 2.1 yearsMar 13, 2023 14:43:15 ago (+0/-0)

The majority of BTC is owned by Satoshi - the creator who gave himself 1 million bitcoins after he launched the Blockchain. There will only be 21 million bitcoins, but with the number of lost wallets and seed phrases to access a number of the coins has been lost, which means at least 2 million coins have been lost since BTC launched, making it even rarer.
Satoshi (if he's still alive) knows he needs to be careful about selling coins, because selling too many at once will crash not only the price of bitcoin, but the crypto market overall.

[ - ] x0x7 [op] -1 points 2.1 yearsMar 13, 2023 13:39:06 ago (+0/-1)

Did you know USD is majority owned by kikes and they can print it at will. Thereby the price of your eshekel (which USD is) is under their manipulation. The difference is when they print more or adjust numbers in a database there is no record of it for you to see.

Literally every argument used against bitcoin applies to USD 30 fold. Some arguments against Bitcoin are valid. Most of them are addressed by Monero. Hence BTC better than USD. XMR better than BTC.

^ This is what an actual checkmate looks like (((USD))) shill.

[ - ] FacelessOne 0 points 2.1 yearsMar 13, 2023 13:55:22 ago (+1/-1)

False dichotomy.

I will not trade you my goats for your eshekels.

[ - ] BestVeteran -2 points 2.1 yearsMar 13, 2023 10:31:12 ago (+3/-5)

You're an idiot if you believe currency is truly decentralized.

Go waste your money on some magic beans.

[ - ] FuckShitJesus 3 points 2.1 yearsMar 13, 2023 10:41:09 ago (+4/-1)*

Ok genius, explain how BTC isn't decentralized.

Edit: HAH! Forgot that BestVeteran is GradeAPatriot alt. Gonna delete this account soon and make another, dipshit?

[ - ] deleted 3 points 2.1 yearsMar 13, 2023 13:24:00 ago (+3/-0)

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[ - ] Taxedtv 1 point 2.1 yearsMar 13, 2023 11:33:44 ago (+4/-3)

The government under trump injected $7trillion into the money supply. This is enough the buy the cryptocurrency market multiple times over. Oh and then there’s that $5trillion that the pentagon “lost” pre 9/11. To figure out who holds all the bitcoin, just ask yourself who created it. And I hate to break it to you, wasn’t some anonymous satoshi nakmoto, that’s obviously a cover for cia/nsa.

[ - ] deleted 2 points 2.1 yearsMar 13, 2023 13:31:46 ago (+2/-0)

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[ - ] zr855 1 point 2.1 yearsMar 13, 2023 12:49:20 ago (+1/-0)

Who created it? Miners. The whole time...miners. You can mine right now if you want to. Anyone can. If you compete and are the first to create the correct hash of the previous block headers and current transactions, everyone will know it as it can be verified by anyone and you will successfully have mined a block thus yielding you some new bitcoin per the protocol.

No single entity creates bitcoin.

[ - ] x0x7 [op] 1 point 2.1 yearsMar 13, 2023 13:35:24 ago (+1/-0)

And who owns most of the USD? The fact that under Trump $7 trillion USD was injected into the money supply (and given to someone) means that USD is even more guaranteed to not have uniform levels of ownership (as if that were a useful metric for the validity of a currency).

You are arguing a bad premise, making assumptions about where fraud in the USD market has gone, and failing to apply the same arguments back on the alternative that apply even more.

[ - ] Taxedtv 0 points 2.1 yearsMar 15, 2023 10:01:14 ago (+0/-0)

All asset classes can and should be assumed to be manipulated in a fiat system.

[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 11:36:10 ago (+0/-0)

This is enough the buy the cryptocurrency market multiple times over.

That isn't how it works. 63% of BTC that exists has not moved in years, and isn't on the market to be bought even if this was attempted. All this would do is spike the price of BTC to epic proportions, where even that $7T could not buy the available liquid being sold in the market.

I'm here to help you understand and guide you through your ignorance. You have not proven anything other than your lack of comprehension about the technical system you are so convinced to be against.

[ - ] FacelessOne -1 points 2.1 yearsMar 13, 2023 12:29:16 ago (+0/-1)

Admits it's a monopolized kike system. Shills harder.

[ - ] deleted 1 point 2.1 yearsMar 13, 2023 13:58:38 ago (+1/-0)

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[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 14:00:41 ago (+0/-0)

What does that have to do with BTC being centralized?

[ - ] deleted 1 point 2.1 yearsMar 13, 2023 14:06:10 ago (+1/-0)

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[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 14:08:53 ago (+0/-0)

Because one person in control of Satoshi's coins can tank the entire market.

How exactly would that work?

[ - ] deleted 0 points 2.1 yearsMar 13, 2023 20:30:19 ago (+0/-0)

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[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 22:22:48 ago (+0/-0)

I'm sure glad geniuses like you exist. :)

[ - ] BestVeteran -2 points 2.1 yearsMar 13, 2023 10:59:55 ago (+1/-3)

It obviously can't be decentralized if the owners can steal money at will.

But hey, you think you know better, so get your money stolen. A fool and his money are soon parted.

[ - ] FuckShitJesus 3 points 2.1 yearsMar 13, 2023 11:02:11 ago (+4/-1)

So you ignored my question because you don't have an answer, proving you are ignorant of what you're talking about.

It obviously can't be decentralized if the owners can steal money at will.

Who are the owners of Bitcoin? How can they steal money at will?

You are a prime example of the technical stupidity that is a cancer on humanity.

[ - ] x0x7 [op] 3 points 2.1 yearsMar 13, 2023 11:07:13 ago (+3/-0)

The owners can't steal money at will. What you are describing is USD. There are no owners of BTC, and there would be cryptographic proof if somehow these non-existent people did.

The FED on the other hand just has to adjust a number in a database that you don't have access to. With that they can give money to any bank. I'm sure that bank can find a way to reciprocate.

[ - ] zr855 2 points 2.1 yearsMar 13, 2023 12:46:42 ago (+2/-0)

First I've EVER heard of the "owners" stealing money at will.

Bitcoin is decentralized because no one single entity decides which transactions are valid and put in a block. You yourself can compete to do this and if you win, you are rewarded with new bitcoin per the protocol.

[ - ] FuckShitJesus 1 point 2.1 yearsMar 13, 2023 12:59:39 ago (+1/-0)

BestVeteran = GradeAPatriot. He's just making shit up and trolling until he deletes this account and makes the next alt.

[ - ] White_Pride_Cis 0 points 2.1 yearsMar 13, 2023 14:53:28 ago (+0/-0)

What a faggot

[ - ] deleted -1 points 2.1 yearsMar 13, 2023 13:27:01 ago (+0/-1)

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[ - ] deleted 1 point 2.1 yearsMar 13, 2023 13:25:45 ago (+1/-0)

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[ - ] zr855 -1 points 2.1 yearsMar 13, 2023 12:44:35 ago (+0/-1)

Eshekels are central bank digitial currencies. Kikes would NEVER create something that is capped in supply. Just a bit of news for you they are trying like hell to get the bitcoin nodes and miners to agree on no longer being a capped supply currency. They are failing.

[ - ] FacelessOne 2 points 2.1 yearsMar 13, 2023 12:51:59 ago (+2/-0)

I'm not buying your eshekels stop trying to sell them to me

[ - ] zr855 0 points 2.1 yearsMar 13, 2023 12:56:14 ago (+0/-0)

You'll be begging for them if the us dollar keeps crashing.

[ - ] FacelessOne 3 points 2.1 yearsMar 13, 2023 13:09:22 ago (+3/-0)

Can't even wipe my ass with your fiat

[ - ] x0x7 [op] 0 points 2.1 yearsMar 13, 2023 13:41:43 ago (+0/-0)

Kikes didn't make Bitcoin. They are not cbdc. They are a preemptive strike to prevent cbdc.

[ - ] deleted 3 points 2.1 yearsMar 13, 2023 13:52:16 ago (+3/-0)*

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[ - ] Belfuro 0 points 2.1 yearsMar 14, 2023 03:12:53 ago (+0/-0)

No.
Whales pumped and dumped btc in order to drive off gentiles through fear.

[ - ] deleted 1 point 2.1 yearsMar 14, 2023 03:21:05 ago (+1/-0)*

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[ - ] Belfuro 0 points 2.1 yearsMar 14, 2023 22:10:58 ago (+0/-0)

We will have to see.
When Venezuela dollar died, it was crypto many turned to with great success

[ - ] Prairie 3 points 2.1 yearsMar 13, 2023 12:05:09 ago (+4/-1)

Here's its performance over the past year. It's been in the $20k range for a while, going up and down. What evidence is there that it's taking off and not just bumping up a little as it's done?

https://files.catbox.moe/pwuqw2.png

[ - ] PhantomXLII 3 points 2.1 yearsMar 13, 2023 12:44:48 ago (+3/-0)

Boin addicts love their internet points.

[ - ] zr855 0 points 2.1 yearsMar 13, 2023 13:06:32 ago (+0/-0)

This is the only valid comment here that is negative. I don't personally think it will be taking off for a few months to a year. The central bank has been using their SEC puppets,etc. to really put pressure on crypto. Still though, if enough people realized their dollars can just be taken from the in banks, weird shit can happen.

[ - ] MightyMorphinFaggot 2 points 2.1 yearsMar 13, 2023 13:36:18 ago (+2/-0)

It would be a shame if everyone bought digital currency and then the power went out and you had nothing of value in front of you.

Physical things are always a better store of value.

[ - ] PhantomXLII 2 points 2.1 yearsMar 13, 2023 12:42:47 ago (+3/-1)

Electricity go poof.

Congratulations, you no longer have your precious boins.

[ - ] x0x7 [op] 0 points 2.1 yearsMar 13, 2023 13:42:17 ago (+0/-0)

Did you know that happens to your bank account too in that case.

[ - ] PhantomXLII 1 point 2.1 yearsMar 13, 2023 14:07:16 ago (+1/-0)

Yeah, so? You're missing the point.

[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 14:08:18 ago (+0/-0)

Every time you fail with this logic, I laugh a little harder. You've been harping the same thing for years.

It was understandable when you were still in highschool, but to see you're still this ignorant in your early 20's means you have learned very little.

At a certain point, you can't blame others for your inability to understand the world, and should probably start looking inward and accepting responsibility if you ever intend to grow.

[ - ] PhantomXLII 1 point 2.1 yearsMar 13, 2023 14:13:54 ago (+1/-0)

Shit alt go poof

[ - ] zr855 -2 points 2.1 yearsMar 13, 2023 13:02:32 ago (+0/-2)

Yet the grid goes down all the time and that never happens. Amazing that you're going to end the natural phenomenon of electricity. I'm pretty certain that will always be around.

[ - ] FuckShitJesus 2 points 2.1 yearsMar 13, 2023 10:25:38 ago (+3/-1)

Bitcoin is generally a safe haven when the US FIAT make-believe ponzi scheme is in turmoil.

Today is an example of prime turmoil. "Smart money" is fleeing to BTC.

[ - ] Prairie 3 points 2.1 yearsMar 13, 2023 12:06:25 ago (+3/-0)

For every dollar put into BTC, there is a seller at the other end getting out of BTC.

[ - ] FuckShitJesus 1 point 2.1 yearsMar 13, 2023 12:09:08 ago (+1/-0)

Yes, but BTC has very unique dynamics. Specifically, ~63% of all BTC that exists has not moved in 8+ years and is unlikely to be liquid on the markets. This means for every $1 put into purchasing BTC, the price raises proportionately to this unique ratio. There is an equilibrium here.

You can't just dump unlimited cash in and buy all of the BTC. A majority of it that exists isn't even buyable at all - and possibly will never be.

Consider that the average pleb (even the average pleb competent enough to use BTC) does not understand this and BTC trades under assumptions of higher liquidity than exists.

There are numerous other mechanics, of course. This is just one of the most obvious for discussion.

[ - ] deleted 1 point 2.1 yearsMar 13, 2023 13:54:51 ago (+1/-0)

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[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 14:05:58 ago (+0/-0)

Who controls the 63% of BTC that doesn't move?

Who knows.

Could that BTC be used to crash the market at a moment of their choosing.

How exactly would that work? What market would they be crashing?

No one knows who created bitcoin.

I'm not sure why this matters. Whoever created it doesn't have the ability to change it. Control of the rules were set in 2010 and the creator cannot change them, even if he wanted to.

Bitcoin is the only decentralized currency that exists on the planet that is completely free of outside control.

[ - ] zr855 1 point 2.1 yearsMar 13, 2023 12:41:54 ago (+1/-0)

Excellent description of everything bought and sold ever.

[ - ] FuckShitJesus 0 points 2.1 yearsMar 13, 2023 12:58:51 ago (+0/-0)

No nocoiners have very simple minds, lets at least try to educate them. Some of them may raise above subhuman.

[ - ] olinneserpona 1 point 2.1 yearsMar 13, 2023 13:08:54 ago (+1/-0)

For every dollar drawn out of BTC there is a buyer getting into BTC.

[ - ] deleted 0 points 2.1 yearsMar 13, 2023 13:56:29 ago (+0/-0)*

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[ - ] x0x7 [op] 0 points 2.1 yearsMar 13, 2023 13:30:24 ago (+0/-0)

Are you saying that the total amount of money put into BTC can't change? Because it can. That's called the market cap. The key is that prices change. So there is such a thing as people putting more money into bitcoin.

[ - ] x0x7 [op] 1 point 2.1 yearsMar 13, 2023 10:39:08 ago (+1/-0)

That and PAXG (gold back crypto). A mix of the two depending on what your volatility tolerance is.

[ - ] deleted 1 point 2.1 yearsMar 13, 2023 13:32:11 ago (+2/-1)

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[ - ] Scyber 1 point 2.1 yearsMar 13, 2023 14:48:05 ago (+1/-0)

OP - don't get your hopes up so foolishly.
This price bump may be a dead cat bounce - It's happened plenty of times before - especially in 2021.
There are several major institutional investors have BILLIONS of dollars in BTC and their stock prices reflect on how well bitcoin performs (like the company MicroStrategy - cough Michael Saylor cough)
So the stock market has weaseled it's way into the crypto market over the past 5+ years or so.

[ - ] usedoilanalysis 1 point 2.1 yearsMar 13, 2023 14:37:31 ago (+1/-0)

If bitcoin drops to $7 each i'll break even.

[ - ] Jinglebanger 0 points 2.1 yearsMar 14, 2023 07:16:59 ago (+0/-0)

There are a lot of pro-crypto arguments, but "it's safer than a bank!" is a pretty retarded one. Nobody out there is going "Damn, banks are failing! Guess I better throw all my money into this completely unregulated, uninsured market most well known for its extreme volatility. That'll see me through."

At least anyone worried about money and not grinding a philosophical axe.

[ - ] lurker 0 points 2.1 yearsMar 13, 2023 17:42:28 ago (+0/-0)

[Binance is kicking a billion BUSD into BTC] (https://www.coindesk.com/markets/2023/03/13/binance-will-convert-1b-worth-of-busd-stablecoin-to-bitcoin-ether-bnb-and-other-tokens/)

Coinbase suspends BUSD trading

[ - ] Ragnar 0 points 2.1 yearsMar 13, 2023 17:07:24 ago (+0/-0)

Banks are failing by design and right on planned schedule. Now they will roll out digital currency mandated by government force