/biz/ - Business & Finance

>>50336648
>I need bitcoin to be safe from 51% attacks and be sure there is a hard cap of 21M, that's what people investing in bitcoin care about
In order for Bitcoin’s price to go up, there has to be demand. That's what you should care about. Demand means new people willing to invest their money into Bitcoin as a ‘store-of-value’. Well guess what happens when competition enters the space and people have more than one option for a decentralized store of value. They will pick the better option.
Bitcoin's narrative of being a store of value is a complete fabrication meant to hide its shortcomings and failures.
>maybe it isn't for you, for people with longer time horizons it its
Doesn't matter, just because people believe it does not make it true.

Last paragraphs are just putting words in my mouth that I did not imply nor say, you're genuinely coping as you have intentionally mislead my arguments. I don't care about your money, just because you have a lot doesn't mean that you are intelligent. My opinion won't change based on how much you own so stop the virtue signaling.
I won't keep repeating myself, if you want further information as to why I'm right see picrel's link and text. I won't bother with this foolishness any longer.

>>49928252
Friendly reminder that if Bitcoin does not reach $44k in 2024, it'll become unprofitable. They know this, that is why regulation is being pushed in order to increase the price.

>>49467395