Crypto Currency - Believers Only

bosstrabs

LOL at ‘Coin bros having fun’

The gayest sounding thing I have heard this decade

bosstrabs

Gonna start a group called FIAT bros having fun

Mad_Cyril

bosstrabs
In, if you can find an even more fun name

bosstrabs

FIAT lads exploring each other

Mad_Cyril

bosstrabs
IN

Nothing better than people north of 30 calling each other ‘lads’

Hursty

https://www.bbc.co.uk/news/technology-66892685

Rule No-1 of crypto, gain self custody of your assets

I think this chap missed the most important rule unfortunately

Mad_Cyril

Just coin bros havin fun I guess

Old-Dutch

"And like many FTX investors, Sunil also blames people who helped Bankman-Fried rise to the top. These include influencers and celebrities who promoted the firm - and its CEO - as safe and trustworthy. At the firm’s height in 2022, it ran a Super Bowl advert in the US, featuring comedian Larry David encouraging investment with the slogan: “Don’t Miss Out”."

Interesting that the BBC completely overlooks the World Economic Forum and their ties to FTX

Hursty

Old-Dutch not to mention the huge donations to the Democrats?

Hursty

https://www.reuters.com/business/autos-transportation/ferrari-accept-crypto-payment-its-cars-us-2023-10-14/

Finally, something useful to buy with all these ‘magic beans’

Mad_Cyril

How many are you buying with yours?

benson

Mad_Cyril i’m not sure a ferrari is as useful as bread, jam, or a light above your head (that goes bam), a house, petrol, paying tax etc etc etc

Funky

Lift off.

Smallman1

Lol!

Funky

BTC up 107% this year before the etf is even approved. Such a worthless scam they say!

Hursty

Funky not bad and also a few months short of the next halving event

Funky

Hursty what’s that event going to be? You can always short it anyway but if etf is approved it might go bit more yet.

If any big event happens again and they print more money to devalue the dollar and create more man made inflation that makes bitcoin more inviting as it is capped and only so much can be made.

Hursty

Funky What do you mean?

RichM

Hursty he means he is trying to convince himself that Bitcoin is worth something

Hursty

That isn’t even a debate as it clearly is

I was more bemused why Funky doesn’t seem to know about the cycle of Bitcoin and how the rewards for mining are halved approximately every 4 years and the subsequent impact of that action on the price

TLDR - every time Bitcoin mining reward has halved the bull market returns and the price reaches all time highs within the following 6-18 months

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