Message from @Nerv - VA
Discord ID: 512361476850450450
But that
The bottom feels way off imo
People who have held through big dips in the past have been rewarded hugely. Not saying that past performance is indicative of future performance, but it definitely *can* happen again.
There's been times where people had to wait like 2 years for their Bitcoin to recover, but, once it did, they gained big
as far as crypto goes, I say you'll find better gains just with equities lol
I bought Ethereum when it was $8
I wouldn’t doubt if it went back up in a couple years.
could have made massive money if I bought more
Could have, isn't a good metric to judge by
It depends. If crypto turns out to be a fad, yes, you'll make more off stocks or whatever. But, if it gets big, there's still massive money to be made. @Deleted User
Crypto can work if (((they))) allow it. Pretty risky when you're fighting the banks.
The media are the real racists.
MR3?
Also, people who say that one cryptocurrency will eventually win out and there's just gonna be that one have zero understanding of how crypto works
Enemy of the people
DR3 btfo'd!
That study isn't real, go back to the dregs of the internet you altright Russian troll
I'm a Russian bot.
beep boop, Trump.
No sane person is using cryptocurrency to dodge banks though. The argument is that bitcoin's mainstream practical use is buying drugs off of the internet, and beyond that it's purely speculation. It gains value when more people find out about it and buy it. My mom was talking to me about it before it peaked last year, which told me that there's going to be depreciating returns now that it's a household name
@V.Balboa - PA did you get demoted to Pledge? You've been hanging out in their Pledge Hall for a while now. 😂
@Patrick why should I use it? What's wrong with my regular dollars?
Could someone dm me the PO box for dues?
@Patrick Bitcoin just has first mover advantage. It's objectively worse than almost every other cryptocurrency, and will likely be replaced by something.
Crypto gains when it gets closer to becoming legitimate, but then loses its utility for anonymity. So if Crypto rebounds its gonna end up being like an extremely volatile fiat currency.
Aside from a slim minority nobody is using crypto to plan for retirement, and as less people learn about it and buy it it'll die down in the long-term and become more stable
lol I think have @Asatru Artist - MD
@Josh M. -OH It depends on which cryptocurrency in particular. Many of them have entirely different purposes than "your regular dollars".
@Jacob You're not going to use it to buy anything you could* with USD because it's too volatile. Why would you buy a pizza with something that could be worth a car in a year? That happened to people in 2013
So it's not a "currency" in that sense but an asset
@Jacob that's the thing. How to convince people to use it and the advantages over the thing their job pays them in.
I guess Im part of the Identity Erovpa JV squad
I thought bitcoin sucked because transactions take forever and you basically get “taxed” for every transaction.
Money is gay, I trade pelts for all of my financial transactions.
big doubt
@Patrick That's honestly a really bad argument. Why would you buy a pizza with dollars that you could invest?
Also it’s hard to buy stuff with.
@Deleted User you an arist ?
A halfrate one