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56913166 No.56913166 [Reply] [Original]

Crypto ponzi is collapsing

>> No.56913182

>Johnson, everything is pumping, get our interns to spread FUD right now, now get the fuck on it

>> No.56913202
File: 126 KB, 1200x675, discardcover-4103366256.jpg [View same] [iqdb] [saucenao] [google]
56913202

>>56913166
> Ran by boomers
> Irrelevant.

>> No.56913216

>>56913182
it more like a 2017 style topping
there were calls for "responsible investing"

>> No.56913217

Why are they saying this now? Normies lost all their money in crypto 2 years ago lmao

>> No.56913220

>>56913166
/!\ CAREFUL /!\
EXERCISE CAUTION WITH
||CENTRAL BANK CURRENCY||
/!\ CAREFUL /!\

Investments in #FIAT can be exceptionally risky as the supply is controlled by a small group of people that can devaluate your assets just by pushing a button.

>> No.56913224

>>56913166
>WARNING: CRYPTO IS PRETTY SCARY

>> No.56913238

>>56913220
>>56913224
they are signaling that they won't allow pension funds to buy bags

>> No.56913303
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56913303

Oh shit... Anyways in other news.. Companies are now choosing memes as their ticker symbols.

>> No.56913443

>>56913166
I just sold 500k bitcoins, thanks anon on the internet!

>> No.56913459

>>56913166
good. maybe the industry can start to mature now

>> No.56913545

>they issued this same warning before approving BITO
ETF approval confirmed thanks OP just bought 100k

>> No.56913557

>>56913166
Anyone that listens to these faggot ass gov accounts deserves to ngmi

>> No.56913562

>>56913220
As shitty as fiat is, crypto securities are even worse.

>>56913238
I don't think so. Bitcoin is treated as a commodity.

>> No.56913576

>>56913166
>baghold USD for me goyim
>BUY IT PLEASE PLEASE PLEASE
>BUY IT SO I CAN BUY A MCMANSION WITH YOUR PROFITS ;)

>> No.56915070
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56915070

BTC is a fixed unit of account, Trustless Money, we can finally measure all by all, there is no way to guarantee more BTC by holding BTC. Hyperbitcoinization has already happened, the world just hasn't realized yet. There's no need to use BTC as common currency to fix systemic economic calculation, as everything can be measured against BTC, and BTC can only be acquired through voluntary trade, as such we can use the whole of global finance as our 'L2'. The magic of economic solutions is you don't need to understand why they work for them to work.

Never forget how rare BTC is, and how much other "fixed" units of account actually inflate. Gold is mined at a rate of 2% per year, for every new BTC mined today, 21 POUNDS of gold is mined, after 2024 that'll be 42lbs and so on. There exist 39lbs of gold above ground for every one of the total 21m BTC, and 5 toz of new gold mined for every one of the 21m BTC. Every year every single BTC that will ever exist gains 5 toz of gold of rarity. This halving marks the inflection point where BTC inflation (~1.7% now) fails well below gold inflation, at all future points BTC will only ever be a better and better fixed unit of account. Bitcoin is an inevitability.

>> No.56915100

>>56913166
buy signal if iv ever seen one

>> No.56915116

>>56913202
/thread

>> No.56916562

>>56913166
Unironically bullish

>> No.56916584

>>56913166
bros they didn't give me a warning when i bought google 2 days ago and then they rugged me the next day

>> No.56916993
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56916993

>>56913166
>whats with all the fud?
>checks gold price
>crashing
like clockwork

>> No.56917796

>>56913220
>1 node
>6 gortrillion in circluation
>unlimited mint/burn power

>> No.56917857

>>56915070
I can't wait until 1 satoshi = $1

>> No.56917897
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56917897

>>56913166
(((they))) are afraid

>> No.56917943

>>56915070
Where is this gold shitting computer you speak of? 29lbs? Do you have any idea how many things you can make and sell for with 29lb of gold you fucking retard? Tell me more about this magical gold that is just going to materialize into existence.

>> No.56917968

ofc they can't give shilling advices is that a surprise?

>> No.56918043

>>56913303
that's a clever marketing move. people will buy this instead of competing ones just for the meme

>> No.56919164
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56919164

Not only is this a twitter screencap goyslop thread but it's also from the fucking sec going "crypto bad xD"
Whatever. Finna play blocklords to end my night. Have fun wagging tomorrow bro (you do work 6 days a week don't you?)

>> No.56919624

>>56913303
Unfathomably bearish

>> No.56919653

>>56917943
There is x much subterranean gold mined at a certain rate that will not change quickly whereas btc's marginal supply will change quickly in about 4 months when the block reward halves. It wasn't a complex post

>> No.56919660

>>56913220
cool it with the antisemitic remarks dude

>> No.56919713

>>56913166
ah well good thing my cryptos aren't securities then nigger

>> No.56920167
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56920167

>>56913166
Sure pal
>copytrades and gets 30k profit
Im sure its all a ponzi and uhh
>registers the biggest accumulation in history on the blockchain
we are all going down
>dexscreener shows l2s are booming
And stuff right?

>> No.56920179

>>56913166
noooooo stop taking your money out of the system
REEEEEEEEEEEEEEEEEEEEEEEEEEE

>> No.56920214
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56920214

>> No.56920288

>>56917796
eurodollar has no nodes
it's a literal decentralized ledger but on the worst way possible
>no collateral standard
>infinite credit
>mostly liabilities
>lack of cash equivalency on collateral side
>needs insurance injections to stay afloat
>runs on top of legislation rather than a standard protocol
>runs on old shitty software made in the 70s
>boomers in charge
>trusted third parties bonanza