Bitcoin

Out of context: Reply #1174

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    This talk about it being 'dead' because its dropping makes zero sense, in any way at all, lol. It isn't stocks in a company, jizz heads.

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    • the ONLY thing it has going for it is the trust that it will still be valuable tomorrow. Without that, it's worthless.monNom
    • Look at all the altcoins. Exactly the same tech, but price varies only by brand name. It's the trust that makes it valuable, and the herd is getting spooked.monNom
    • Like so many, I don't think you quite understand the vision and purpose of bitcoin..
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    • Theoretically it could drop to $1 a bitcoin and still become the world currency of the future...
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    • To say it's dying because the value is dropping is to completely miss the point of why its 'alive'...
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    • Let's imagine it was $1, and then it fell to $0.50. How likely would it be that people would still accept it as currency?monNom
    • remember that it's in competition with other currencies that hold their value pretty steadily.monNom
    • Uh well obviously it'll only become the currency of the future once it stabilises, so your question makes no sense... ?
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    • Once/if
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    • The current crash is killing off the recent cryptocurrency investment fad. But...the same fad probably seeded a thousand projects.yuekit
    • The challenge will be for these projects to actually realize their vision...right now it's all very theoretical and speculation based on that.yuekit
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