Give it to me straight. Is this shit dead?
>>62333630Yes it's completely ogre. Just sell and don't look back
As a get rich quick scheme? YesAs a technology that works and will eventually appreciate in value? No
>>62333630Literally a $62k stablecoin, nice
>>62333630There's still gains to be made in BTC if you time the bottom in Q4 this year, but the picobottom-picotop will probably only be a 5x at best. This last run was fucking pathetic and the returns keep diminishing.
>>62333714Meanwhile interest in alts is dead.
Unit of account, money-as-tally-board, is the primary function of money. It is this function that enables economic calculation, it is this function that enforces the game theory of voluntary exchange which frees us from the hobbesian war of all-against-all.We now have an immortal, incorruptible, trustless, stateless, transparent tally board to ensure all the big, important tallies add up. If the current tally board is fair, then BTC should have a value of zero, if the current tally board is corrupt, BTC will approach Sole Denominator in-the-limit. Is the current tally board fair? Which path are we on?
>>62333630Bitcoin price:December 2017: $17,000December 2022: $17,000Durrdurr and I’m not even a mumu
>>62333630considering inflation it is worth less now
>>62333630Sure is.>https://bitcoindeaths.com/
>>62334399>Bitcoin has been declared dead 472 times.>If you invested $100 each time, you'd have $65,828,112 today.Is that considered good?