Bitcoin

Out of context: Reply #1783

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  • Bennn-1

    Will the Bitcoin drop soon like it did last March during the first COVID wave? Many countries are closing everything again with this second wave, will the markets and Bitcoin crash again?

    • nope, it's all make-believe anyway so why not hit 500k or a million?_niko
    • because you deserve to turn your $300 into $300k and people who invested $1000 five years ago deserve to make it $100 million because why not?_niko
    • :DBennn
    • there's no rhyme or reason to any of it so i'd say invest what you have, don't sell your house or anything but throw in what you can and watch it climb_niko
    • if you watch that israeli scammer video a few links up, you'll see it's a massive pump and dump scheme, except there is no regulation so no possibility..._niko
    • of prosecution, you just don't want to be the schmucks who get in late and are left holding their dicks at the end when the pyramid of cards collapses._niko
    • some anti tetherists are putting January 15th, 2021 down as an interesting day in crypto world... it's Tether's deadline to produce NY AG requested financial dojonny_quest_lives
    • documentsjonny_quest_lives
    • what's the consequence? meltdown?_niko
    • if it all does collapse it will be UGLY. the bitcoin network can theoretically accommodate 400,000 transactions per day. 25-30 million US usersjonny_quest_lives
    • peeps just won't be able to move coins. Exchanges in a crisis /panic mode will be a bigger joke.jonny_quest_lives
    • Many don't offer anything other than a chat bot let alone anything resembling a help desk/ customer support.jonny_quest_lives
    • So network clogs due to panic/market collapse... Hashrate dips. If it dips long enough the network becomes vulnerable to double spend attacksjonny_quest_lives
    • or it all continues to go to the moon...
      ¯\_(ツ)_/¯ not like any of this is actually regulated to protect the consumer in any way
      jonny_quest_lives
    • that's just a worst case collapse scenario... whose to say tether doesn't continue to dodge the NY AG... no one knows.jonny_quest_lives
    • Jean-Louis Van der Velde probably knows... Totally real person... I am sure. At the very least the most reclusive CEO ever.jonny_quest_lives

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