Demand and supply No English speaking human reads EsEm’Aich. They may be the 3.08% of ez-fkers but it’s the most important emerging subhuman group of immigrants soon to surpas true Aussies whom stand at 3.87%
Could go to $50k could go to 50 billion. None the less you need a lot of money to make a lot of money in it now. Another annoying idiot normie ponzi. Say what you want about the Jew but they’re right about whites they really are goy to the bone.
The security is possibly better than gold. Although you need exchanges to pay you out. Gold has a better history in that regard. But its easier to hide a memory stick in your house than heaps of gold.
Yeah I never got to the memory stick part and ran it through exchanges which obviously increases counterparty risk. Which given I only bought $2k at the time obviously wasn’t worth the effort.
Still my question remains given its impossible to value, which is the same as gold to be fair, who knows what it’s worth.
I just saw the biggest risk to its value as being the threat of new entrants all doing the same thing.
In theory Bitcoin should be still worth $1k but for some reason it’s not.
Dumb mob. They taught me that in English with Lord of the Flies, The Crucible, and maybe some other book. They should have taught me through the lense of ponzis, communism and bad music.
Yep. And can’t be replaced by the latest coin doing the same thing as the last one did.
there are thousands of real life examples over the last however many years that demonstrate that it can’t actually be done. The shitcoin graveyard is massive.
Obviously it’s worth $150k now and the value of something is based on what someone else will pay but I could just never understand it.
it is money that can’t be debased AND it can be held almost costlessly and transmitted almost instantly.
Now that people are realising that – as I have been telling youse – inflation is the devil, it turns out that this is worth rather a lot.
Bitcoin is the exit ramp from debasement.
So even now, I think that bitcoin is a massively asymmetric risk-reward proposition.
That what can’t be done exactly?
that bitcoin can’t be replaced by new entrants all doing exactly the same thing.
In simple terms Bitcoin has hundreds of millions of users and $2T committed to it.
Unless someone credibly commits and deploys significantly more funding to spinning up a competitor (say $6T), the lead seems pretty unassailable. Realistically it can only be US or China or similar that could attempt this. Even then, this is liable to misfire and rocket Bitcoin by multiples because of the debasement that such spending implies. And government has a credibility deficit.
There are varieties of debasement. As much as it perhaps cannot be debased by employing usual methods (i.e. cloning), it can easily be debased instantly with the loss of confidence. Like every other ponzi or fiat.
In simple terms Bitcoin has hundreds of millions of users and $2T committed to it.
.
Unless someone credibly commits and deploys significantly more funding to spinning up a competitor (say $6T), the lead seems pretty unassailable.
If you reapply this statement to any ponzi, it may shed a different light. When one ponzi is abandoned, almost none of the value is lost, it is just instantly redistributed quite differently from its previous bank-like statement.
To sum up, just contemplate a possibility that bitcoin valuation is not necessarily result of a free market movement. Like houses in Australia
There can be no guarantee that those coins which dodged the grave are immune from it. Some coins enjoy nefarious or unmarket-like forces supporting them thus can find themselves easily in Wile E Coyote situation when their time is up
OzCuck
Guest
17 days ago
When Elon puts a chip in your brain maybe you can adjust your iq. I dont know if I’d go for the more sure thing RAM driver or the more competitive white collar npc thing.
I could not care less about Bitcoin. When the power goes out, like it will, it will be like all other non-cash money – useless. On a side note, I present a genuine Sydney Morning Herald link to demonstrate the replacement is here. भारत को ये बड़बड़ाते ऑस्ट्रेलियाई पसंद आ रहे हैं. और वे अब और भी मजबूत होने वाले हैं
Why the fuck is that in whatever indian language that is?
Demand and supply
No English speaking human reads EsEm’Aich.
They may be the 3.08% of ez-fkers but it’s the most important emerging subhuman group of immigrants soon to surpas true Aussies whom stand at 3.87%
It is Hindi and it was in the sports section of the SMH. A taste of what’s to come?
Destiny’s child says its a “Survivor”
[Best watched colourless b/w]
Could go to $50k could go to 50 billion. None the less you need a lot of money to make a lot of money in it now. Another annoying idiot normie ponzi. Say what you want about the Jew but they’re right about whites they really are goy to the bone.
I do regret selling at $20,000 but that’s the thing. Is Bitcoin worth $1, $100,000, $1m?
It’s amazing it’s where it is given all the new entrants doing the exact same thing.
It still has no use case other than a digital version of gold, and a far more volatile one at that.
Only it you paid for it more than that.
Leaving a ponzi too early is still by far better than what the most will end up with. Most like 99.99%
Yeah. I got in around $1k so I was happy with a 20x return
The security is possibly better than gold. Although you need exchanges to pay you out. Gold has a better history in that regard. But its easier to hide a memory stick in your house than heaps of gold.
Yeah I never got to the memory stick part and ran it through exchanges which obviously increases counterparty risk. Which given I only bought $2k at the time obviously wasn’t worth the effort.
Still my question remains given its impossible to value, which is the same as gold to be fair, who knows what it’s worth.
I just saw the biggest risk to its value as being the threat of new entrants all doing the same thing.
In theory Bitcoin should be still worth $1k but for some reason it’s not.
Dumb mob. They taught me that in English with Lord of the Flies, The Crucible, and maybe some other book. They should have taught me through the lense of ponzis, communism and bad music.
gold has industrial uses and immense aesthetic value
Yep. And can’t be replaced by the latest coin doing the same thing as the last one did.
there are thousands of real life examples over the last however many years that demonstrate that it can’t actually be done. The shitcoin graveyard is massive.
That what can’t be done exactly?
Obviously it’s worth $150k now and the value of something is based on what someone else will pay but I could just never understand it.
it is money that can’t be debased AND it can be held almost costlessly and transmitted almost instantly.
Now that people are realising that – as I have been telling youse – inflation is the devil, it turns out that this is worth rather a lot.
Bitcoin is the exit ramp from debasement.
So even now, I think that bitcoin is a massively asymmetric risk-reward proposition.
that bitcoin can’t be replaced by new entrants all doing exactly the same thing.
In simple terms Bitcoin has hundreds of millions of users and $2T committed to it.
Unless someone credibly commits and deploys significantly more funding to spinning up a competitor (say $6T), the lead seems pretty unassailable. Realistically it can only be US or China or similar that could attempt this. Even then, this is liable to misfire and rocket Bitcoin by multiples because of the debasement that such spending implies. And government has a credibility deficit.
There are varieties of debasement. As much as it perhaps cannot be debased by employing usual methods (i.e. cloning), it can easily be debased instantly with the loss of confidence. Like every other ponzi or fiat.
If you reapply this statement to any ponzi, it may shed a different light. When one ponzi is abandoned, almost none of the value is lost, it is just instantly redistributed quite differently from its previous bank-like statement.
To sum up, just contemplate a possibility that bitcoin valuation is not necessarily result of a free market movement. Like houses in Australia
There can be no guarantee that those coins which dodged the grave are immune from it.
Some coins enjoy nefarious or unmarket-like forces supporting them thus can find themselves easily in Wile E Coyote situation when their time is up
When Elon puts a chip in your brain maybe you can adjust your iq. I dont know if I’d go for the more sure thing RAM driver or the more competitive white collar npc thing.
Why not both white collar and RAM
That’s the sweet spot. Winner.
Tbh the current gen Silverado is meant to be a very very good ute.
Deep down I’d love a Silverado kitted out with a Walkinshaw performance supercharger and exhaust.
Ford Ranger was the biggest selling vehicle here in 2023. What a comeback for Ford. You can get it in a 4 cylinder. Imagine only having a 4 cylinder.
I wouldn’t mind going into the outback in one.
Paging Aussie soy boy
https://www.theaustralian.com.au/business/legal-affairs/billionaire-adrian-portelli-facing-a-challenge-to-the-legality-of-his-rewards-business/news-story/c406c28ab74ead87befee1a0cd09a1e1?utm_source=TheAustralian&utm_medium=Email&utm_campaign=Editorial&utm_content=TA_BUSINESS_AM-CUR_01&net_sub_id=442349060&type=free_text_block&position=2
Penalty only $200k?
wonder if they are playing the long game and trying to surface evidence of other crimes as part of this prosecution
Adrian has probably already EFTd the fine and moved on but yes
Mistrustful adults could be more vulnerable to vaccine conspiracy theories and bad at spotting fake news, report finds
Don’t trust your eyes and ears (and nose)!
A bit of a Freudian slip here:
Trust thy government
Admitting that misinfo campaigns were not enough.
Hawk Tuah. Pump and dump memecoin.
https://x.com/FearedBuck/status/1864518481225384029
Wish they’d ban it. They should lose money in microcap shitcos the old fashioned way.
Pump and dump? How fitting.
Maybe they deserved it a lot of these crypto people seem to fancy themselves as Wolf of Wall Street types.
Democracy ways.
https://x.com/MurdochCadell/status/1864088467330019806
https://m.youtube.com/watch?v=i2w2R-q_SYU
All cops except some – are stupid.
Some are retarded
When Dutton says now is the time to double down on support, does that mean he is taking two uncircumcised c*cks at once? Kinky stuff.