Bitcoin has dropped $700+ dollars in a matter of 2 days. Apparently only the threat of War and the prospect of Death makes its value increase.

If the Petro Dollar ever tanks one Bitcoin will be worth 1 Million dollars.

Trading Bitcoin has become so mainstream nowadays that it basically trades as a hedge against the stock market.

When we really take a hard look at the future of crypto currencies, we see that it will eventually fall into the hands of the Government's vision of a 'cashless society' that "Conspiracy Theorists" have talked about for years.

It will be a fixed rate currency, linked to some type of RFID chip, thumb print, or retina scan, but most likely a chip that children will have implanted at birth. This chip will be similar to a 'hardware wallet' except it will contain A LOT more information than just your private keys to your finances. SS number, Legal Status, Medical Records, Job History, Driving Eligibility, all accessible through the chip.

Bitcoin is going to be 'halving' its fee for miners this year, which to me indicates that the price is going to plummet, not excel to all time highs. Why? because there's not enough uses for Bitcoin, and not enough people who use it or trust it as a true currency to buy goods and services.

The vast majority of actual uses of the 'currency' have been illicit in nature.

Can you go to a store and buy bread and milk with Bitcoin alone, unless you used an exchange to turn it into physical fiat? No.

Mark of the beast is the future though.

I have to disagree with you there, because that's EXACTLY when the Government would come in and introduce the cashless society.



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no it won't, it will become worthless

Yes, and hypothetically speaking, that would be a cashless system (Like Crypto Currency) that was stored in and operated off of a chip implanted under the skin. Biblically speaking, the right hand.

Correct. Bitcoin is already set to become worthless in the near future, and so are all are decentralized crypto currencies. The Government is going to make sure of it, and then bring in their own 'Cashless Crypto Currency' which is not decentralized, is completely traceable, and is attached to your SS number, Driving Privileges, Work History, Legal History, and most likely like China, your "Social Credit Score".

What prospect of war?

Are you stupid and retarded?

Cry all you want. Bitcoin will only go up and won't stop until a satoshi is worth a penny.

Yeah well in the past 7 days Bitcoin is up 500 bucks.

Last year, exchanges like Kraken which will allow you to convert Bitcoin to USD, Euros or other physical fiat, saw an almost 50% increase in requests by Law Enforcement agencies to obtain information on A LOT of accounts. Specifically the FBI.

You can hold Bitcoin anonymously, so we're meant to believe, but as soon as you go to cash it in, you're on the radar 100%. Obtaining Bitcoin, and turning it into hard currency are two different matters entirely.

Every single person who has been using crypto for illicit purposes will eventually be caught, if they cashed it in through a 'normal' Exchange, and didn't take another route, which very few know about, and is almost impossible to do in very high denominations.

Lets say you bought Bitcoin in December of 2018 when it was at an all time low of about $3,400, or obtained it in another way, then decided to cash it all in the other day when it was at $8,400. THIS would have required going through a real exchange, especially in order to cash in at that exact time, and at that rate.

Even at $3,400 per coin, you would have needed to invest A LOT of money into Bitcoin, to get a serious return the other day that would allow you to be very wealthy for the rest of your life.

There was only one real opportunity to become an overnight millionaire off Bitcoin, and that's when it first came out and was something like $0.0008 a coin. If you bought $1000 worth at that time, and made sure your private keys were safe all the way up until its all time high of $20,000, then you'd be filthy rich if you cashed in immediately.

Those days are over, now you're just playing with fire, unless you have a distinct and specific reason for buying it, and intend to get rid of it very quickly.

The fluctuations aren't worth the risk of viewing it as a viable investment that will yield a serious return.

If you look at the charts right now, it's basically just tanking, and I expect to continue to see that trend back to $7,000 or lower.

For a very limited time, there was a speculatory potentiality of war between the United States and Iran, which has so far quickly diminished as a realistic happening. It was during that precise time, that Bitcoin skyrocketed to above $8,400.

Or you could learn how to buy low and sell high. It's called trading.

So lets root for war!

I gave an example of that already. However, in order to make a sizable return, you need to put a sizable amount in, which is extremely risky.

With the miner 'halving' that's about to occur, plus other factors, when Bitcoin does sink like a rock again, there's no telling if what you consider to be "Buying Low" will actually in reality be buying low, considering it never goes up again.

Another name for Bitcoin should be Miserycoin, since so many have lost so much thinking this was somehow the wave of the financial future, and a get rich quick scheme.

Look at all the sob stories of people putting their 401k's and other assets into Bitcoin, and then losing almost everything.

Play stupid games, win stupid prizes.

Nighty night.

For example, had you bought one bitcoin at 3,400 last winter and sold it this summer at 11,000, you could have bought your Bitcoin back last month and still had five thousand dollars profit.

You start an interesting thread then go to bed? You must be a wagie.

Never invest more than you can afford to lose. This has always been the Bitcoin creed.

Bitcoin is a good reference for how the dollar is doing.

you just proved its a safe haven asset like gold. thank you!

Bitcoin up 700 dollars in 7 days. Perhaps you are zoomed in too far.

Sorry. My bad. Bitcoin up 900 dollars in 7 days. It's hard to read the chart without my glasses :)

I just wanted you to know that I'm the one who gave you five stars because I wanted you to get more views so more people could see how wrong you are. And because I love "Fargo." :)

GLP Experts

Buy High
Sell Low

no coiners gonna no coin!

op failed high school math...

The BTC hashrate keeps on increasing.

BTC is gaining ever more traction, and HODLers will be the ultimate winners.

In the next few years, you will be able to buy a nice house or apt for 1 BTC.