Bitcoin and all its offshoots will die

[Anonymous No.11568596]

Bitcoin is going to die. Don't listen to anybody who says otherwise. Crypto isn't but bitcoin is.

>Environmentally damaging
This will be used by the media to get normies to back off.

>It was the first and only truly fair crypto
Bitcoin has this going for it but nobody cares about the ideology behind it except super nerds and libertarians.

>It can transfer wealth anywhere in the world.
Yes but so can tons of other cryptos

>Its anonymous
Its not and other crypto's who specialize in this are better at it than Bitcoin

>Its a store of wealth
Its not, speculation killed it and a large portion of people got burned in 2017

>Less than 1% of people have bitcoin addresses
This makes a huge assumption that Bitcoin will be adopted by more people despite the fact that other solutions exist with specific use cases (privacy, transfer etc)

>China has a large stake in Bitcoin
The Western world will do their absolute best to keep the East from amassing a shitton of wealth in the span of a decade. Best believe governments will try and fuck over bitcoin. Most basic power struggle.

>Its a hedge against governmental collapse/inflation
Look at Venezuela, they had a collapse, they used crypto and it wasn't bitcoin.

>Be your own bank
You can do this with other crypto's as well

>Peak euphoria for Bitcoin was likely reached
India's government took active measures to prevent it, Africa had bitcoin shops open over night, South America used Bitcoin, RT a russian media company has been shilling Bitcoin since early 2017. Stacy's Twitter feed had Bitcoin in it.

Face it guys bitcoin is dying a slow death you are only serving as liquidity for whales. DYOR.

[Anonymous No.11568615]

>>11568596
I know where my money is going once the dump happens

[Anonymous No.11568650]

>>11568596
>RT a russian media company has been shilling Bitcoin since early 2017
1mln rubles were monthly deposited in their account

[Anonymous No.11568684]

>>11568615
Please refrain from shilling any crypto you are invested in this thread and discuss Bitcoin.

I am asking you nicely.

>>11568650
This is a verifiable fact. Please explain your line of reasoning here, why would the Russian government have paid shills for this?

[Anonymous No.11568701]

>>11568596
Is that why Fidelity Investments and Bakkt went balls deep into Bitcoin?

[Anonymous No.11568734]

>>11568684
Buy Espers in yonbit sirs

[Anonymous No.11568744]

>>11568701
This is a good point anon but did they go balls deep in crypto or balls deep in bitcoin?

They could be using bitcoin because of how well know it is then switching. It is a "digital asset exchange" not a bitcoin exchange.

[Anonymous No.11568772]

>Environmentally damaging
not a real problem

>It was the first and only truly fair crypto
It still is

>It can transfer wealth anywhere in the world.
BTC is the most trustworthy one since in its almost 10 years of existence it wasn't compromised

>Its anonymous
Its not and thats a good thing

>Its a store of wealth
It is, its the new digital GOLD

>Less than 1% of people have bitcoin addresses
means we all gonna make it (nocoiners won't make it)

>China has a large stake in Bitcoin
and so has everyone else with more than 2 braincells

>Best believe governments will try and fuck over bitcoin
they can't and won't because the Globalist world elite already made their decision many decades ago.

>Look at Venezuela, they had a collapse, they used crypto and it wasn't bitcoin.
and thats the problem, should have only used BTC and not made a scam currency tied to their bullshit, nobody wants to invest in 3rd world savages.

>Peak euphoria for Bitcoin was likely reached
we are far from it, we going to over 100k in the coming years.

[Anonymous No.11568818]

>>11568596
If you are a curious boomer and want to invest in the crypto-space, btc is your default choice, it is the one you know of. You know it has been there a long time, so it must have some safety to it.

Long story short, btc is the gateway drug for most ordinary people..

[Anonymous No.11568931]

>>11568772
>Not a real problem
Based on what?

>it still is
I know I said it

>BTC is the most trustworthy one since in its almost 10 years of existence it wasn't compromised
Well XRP hasn't and is old as well.

>It is, its the new digital GOLD
For anyone who invested pre 2017 it has been extremely rewarding. Everybody after it has been anything but a store of wealth.

>Means we all gonna make it (nocoiners won't make it)
Based on what?

>and so has everyone else with more than 2 braincells
Based on what? Why would NATO allow this if they were late to the party?

>they can't and won't because the Globalist world elite already made their decision many decades ago.
Based on the economist article from a decade ago? Alex Jones tier but I will still bite why did the Rothschilds only invest $400 000 back in March/April of 2017 if they have been planning this for decades (they own the magazine)

>and thats the problem, should have only used BTC and not made a scam currency tied to their bullshit, nobody wants to invest in 3rd world savages.
They literally didn't use it for its use case.

>we are far from it, we going to over 100k in the coming years.
Based on what? Hope?

[Anonymous No.11568965]

>>11568818
I certainly agree it was. People can google and see tons of other cryptocurrencies, especially ones that would be "more safe" for boomer investors. Ask any boomer who knows a bit about crypto and they will most likely be backing ripple.

[Anonymous No.11569154]

Well this thread completely convinced me that nobody rational is still invested in Bitcoin.

[Anonymous No.11569241]

>>11568931
>Based on what?
you need to zoom out, Environmental damage doesn't matter here because its like a tiny drop in a giant bucket.
also In the end every kind of electricity you use is a damage for the environment one way or another.
its a retarded non argument that BTC is damaging anything.

>I know I said it
no you said "was" implying it changed but it didn't.

>Well XRP hasn't and is old as well.
it doesn't have the first mover advantage

>Everybody after it has been anything but a store of wealth.
They will continue printing more dollars meanwhile BTC supply remains fixed. also see pic related.

>Based on what?
see pic related again

>Based on what? Why would NATO allow this if they were late to the party?
NATO has nothing to do with this, everyone important and who matters is already invested.

>why did the Rothschilds only invest $400 000
you think the Rothschilds make everything they do Public? you are a fool if you believe so.
also Blockstream.

>They literally didn't use it for its use case.
because retarded 3rd world savages.

>Based on what? Hope?
its simple logic, halvening, its becoming more scarce, supply and demand, institutional investors etc.

[Anonymous No.11569272]

>>11568596
>Bitcoin is going to die
yeah i agree in about 10 years aka after 3 gigantic bullruns

[Anonymous No.11569381]

>>11569241
I know a lot of things people use is damaging for the environment. Look at the OP I said: "this will be used by the media to get normies to back off".

So tell that to media creating articles about it.

>no you said "was" implying it changed but it didn't.
Okay sorry I miss worded it then. I didn't know in English when talking about something in the past tense you say: "Bitcoin is the first" my mistake then lesson learned.

>it doesn't have the first mover advantage
https://ocw.mit.edu/courses/sloan-school-of-management/15-356-how-to-develop-breakthrough-products-and-services-spring-2012/

Here is a nice course in which they specifically state that first movers advantage is a meme and mostly overvalued by normies.

>see pic related
Bashing everything on that? Other cryptos meet that standard as well.

>NATO has nothing to do with this, everyone important and who matters is already invested.
Tell me who

>you think the Rothschilds make everything they do Public? you are a fool if you believe so.
Ok

>because retarded 3rd world savages.
Ok

>its simple logic, halvening, its becoming more scarce, supply and demand, institutional investors etc.
It is not simple logic but ok

I can see you argue in your own favor with a disregard to facts and favor conspiracies. I am not saying you are necessarily wrong but I am going to wait around in this thread for somebody who can give non emotional answers even having to resort to racism to justify your answers not even rational racism. You are free to believe what you want.

>>11569272
>yeah i agree in about 10 years aka after 3 gigantic bullruns
Why do you say this?

[Anonymous No.11569551]

>>11569381
then fuck off you dumb faggot boomer, see you in a couple years whining how you missed 100k BTC.

fucking dunce.

[Anonymous No.11569576]

>>11568596
>>It was the first and only truly fair crypto

There is nothing fair about buying bitcoin and then someone with hundreds of thousands of bitcoins cashing out crashing the entire market in the process.

[Anonymous No.11569577]

>>11569551
Why do you call me stupid my IQ was tested at 163 by a psychiatrist. I am just asking questions you are getting super defensive and resorting to emotional arguments.

[Anonymous No.11569616]

>>11569577
because you are a clueless bluepilled faggot boomer who can't see the bigger picture.

[Anonymous No.11569678]

Ride or die

[Anonymous No.11569706]

>>11569616
I am guessing I am actually seeing the bigger picture and you are not but I am willingly to concede if you can give actual evidence or even speculation based on fact. So far you have resorted to emotional appeals, conspiracy theories, racism and similarity of traits (which could be applied to a lot of other cryptos).

[Anonymous No.11569718]

>>11569241
>BTC supply remains fixed
was deflation ever good? isn't this what caused the great depression, the gold standard and the fixed supply of dollars? serious question. everybody's talking about that fucking fixed supply here like a meme

[Anonymous No.11569722]

>>11569576
T. Communist
>>11569577
I am on to you. You just want some whale to tell you a bed time story. I’ll humor you for a post.
Things that could kill btc:
Global or key government ban (USA)
Banks somehow refusing to sell out
Internet crash
Impounding all crime tainted btcs

Otherwise it’s not going to die. Similar to piratebay.

[Anonymous No.11569772]

>>11569722
Thank you Anon much appreciated.

I like your scenarios even though I do not think them most likely.

[Anonymous No.11569788]

>>11569706
no you don't see shit nigger.

[Anonymous No.11569804]

>>11569788
Go all out and prove me wrong.

[Anonymous No.11569821]

>>11569718
it actually is because otherwise poor people work indirectly for rich people as they are the only ones who create value (by working) because rich people dont have to work or invest beacuse their money just keeps rising in value..

[Anonymous No.11569822]

>>11569804
but now I don't want you to make it

[Anonymous No.11569924]

>>11569822
You really don't have to worry about me making it, like at all.

[Anonymous No.11569935]

please log in Mr Nouriel Roubini

[Anonymous No.11569955]

>>11569935
Made me laugh. I am actually quite antisemitic.

[Anonymous No.11569998]

This is a psyop to convince NPCs to sell. You're brainless if you think BTC will die.

[Anonymous No.11570116]

>>11568596

[Anonymous No.11570139]

>>11569955
anyway this is nothing more than speculation, nobody knows the truth
thing is, basic game theory, if system allows someone to get advantage by breaking rules and cheating, there WILL be people who will play dirty
all world governments and whole economy doesn't have priority to make (your) life better, they all are crimes when it comes to money
crypto is new form of money, so there will be 4d chess with reptiloids, terrorism and politics involved which will lead to outcome when 99,9999% people will be played
and if crypto "card" will be played as new money, then BTC even if it's technologically not best is very convenient to become base asset to price rest of other coins which will be used, will it be xrp/xlm no matter, everyone understand fiat system is broken and has to be replaced very soon since there's no math to sustain current situation. it's also very beneficial for globalists to have one world currency, they have a bit more influence than basket weaving forums
all you can do now is place your bets

[Anonymous No.11570208]

>>11568772
>BTC is the most trustworthy one since in its almost 10 years of existence it wasn't compromised
t. newfag

https://en.bitcoin.it/wiki/Common_Vulnerabilities_and_Exposures

[Anonymous No.11570262]

>>11568596
you forgot the most important thing:

>Bitcoin is secure
no it's not, 51% attacks WILL happen

[Anonymous No.11570307]

Ethereum will be the next one world currency. Bitcoin is obsolete

[Anonymous No.11570339]

>>11569381
>Why do you say this?
because it can't scale in the end. mathematically impossible for btc to serve it's intended purpose long term at high adoption. meanwhile the environmental impact will get worse and worse. but we are long way from a valid successor.

[Anonymous No.11570340]

>>11570139
Thanks Anon I placed my bets, used some game theory but I came to a different conclusion. Lets see how the dice falls.

[Anonymous No.11570346]

>>11570262
>no it's not, 51% attacks WILL happen

[Anonymous No.11570347]

>>11570339
I don't see ATH breaking bullruns just people pushing the price up with every new low but too each his own. Good luck.

[Anonymous No.11570359]

>>11570339
>but we are long way from a valid successor.
defend your statement brainlet. pure ignorance.

[Anonymous No.11570458]

bitcoin is the only coin that matters
it's funny zoomers will always get btfo by boomers because you think you're special

[Anonymous No.11570599]

>>11568596
so u are say etheram is only thing that keep curry on table lambo on street and poo in loo sirs ?