bitcoin is almost like how it was 5 years ago now on 2021, what are the political implications? a new war? a new jew trick
>>536677384I can't tell if it's going back to 100k or back to 30k
Trump and his buddies cashed out. Thanks for making them billions miggers.
buy the dip
I never made or lost a dollar on Bitcoin, true story!
>>536677384the bull market money is going all into ai now, regular stock market is permorming extremely well. also state actors stopped using it for black payments since the closure of the strait .
>>536677447probably both, AI will do lots of damage to blockchain tech, the whole industry needs years of AI-powered bugfinding to rebuild confidence, and money will flee crypto for a long time. BUT the war in Iran will not end, there will be a draft, and a civil war, and slowly people will choose to store their money on a blockchain in synthetic financial instruments rather than an easily seized brokerage account
>>536677555This unironically
>>536677384The value of bitcoin is None.The price of bitcoin depends on the value of the USD and the capacity to exchange bitcoin for USD.As its value is None but has price then its price is extremely speculative.If the USD keeps losing value then mining becomes unprofitable, due to inflation and drop in its speculative price, thus makes mining even less profitable.Without mining the systems collapses, also the energy required to mining can be better spent on DataCenters.You lost tranny.
>>536677771pretending the blockchain is somehow a safe bet after years of new crypto regulatory financial laws is funny
>>536677384Are you cryptobros midwits? Energy is the next gold rush. Anything that competes for energy with AI is going to get crushed.
It should go lower because its worthless and it will.
>>536677918Not defending crypto in anyway but if energy is scarce shouldn’t the bitcoin value go up as limited energy means limited new supply of bitcoin. I am personally invested mostly in AI, tesla and some financial stocks.
>>536677839regulation literally does not matter. that's the while point of this shit.
>>536678172>regulation literally does not matterit does when the IRS steals your internet money after you fail to pay taxes on it, or whatever the bonger equivalent of that is
>>536677384Why not go back to the gold standard?
>>536678090The supply of bitcoin is constant. The cost has gone up and the value does not necessarily have to follow cost. The only one true value of BTC is hype. The hype is gone. Dead. Donezo
>>536678561>The supply of bitcoin is constant.wrong, there's a finite amount of bitcoin available, but you are correct that its price is entirely tied to hype and FOMO, no one thinks they're going to get rich off of crypto anymore so the price is tanking
>>536677384bitcoin was designed to be deflationaryif you don't understand this you shouldn't own any
>>536678172where can I buy bitcoin that will let me send it to my own wallet?
