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WTF is now wrong, all cryptos down?

The diffrence is crypto back‍ then was being promoted to later implement the new monetary system.Right now in 2025 the⁠ first of two new monetary system are being implemented so you can't compare these to⁤ timeframes as being the same. at least it would be very unwise.
Even if bitcoin⁣ goes to 1000k thats like x12 currently.
I know mining companies who did better perfomance⁢ the last 12 months and they will clearly outperform bitcoin in the commodity cycle.
Small market caps mining companies will always outperform bitcoin now which has a big market cap︀ when the fundamentals of the mining company are solid
 
again this is no arg. You can at least do it easily yourself,‍ smth which is not possible with fiat. Only with gold its possible, but the more⁠ you have the harder it gets tho.

No serious person would use cb btw.
 
which is‌ not the case here. Otherwise everything (and hence nothing) qualifies.
And so what? Some⁠ people live under communist govs, some dont.
Doesnt matter since its a pow system⁢ and not a pos system (like fiat or staking coins).
Some temp vola is no argument against it. You adjust︂ with
No totally not. It has been proven︄ to be a great store. Also many people value it highly. You dont but thats︅ ok.
Nah. They will learn. Its very easy to use it.
Its just 3sats today, where do you even get these outdated ideas.
bitcoin is not a company (with an inept leadership). Its stronger today︋ as ever clocking in 16 years.
bitcoin is not a︍ company (with an inept leadership). Its stronger today as ever clocking in 16 years.
Network effect fully support it.

You really need to upgrade your args. There are some things︎ which could be (theoretically at least) concerning, but so far these have not been brought️ up, so Id wont mention it here.
 
Relax, buddy, take a chill pill ... You’re in⁠ for a wild ride if this little 10% drop is stressing you out honestly, it⁤ might be better to cash out everything now and save yourself some headaches. Crypto isn’t⁣ for the faint-hearted...
 
never saw a more delusional︃ reply than yours.You can call yourself a full crypto fan boy.

Bitcoin has been proven︄ to be a store of value ROFL.......best joke ever
When cherry talks about 3% owned︅ by BlackRock he doesn't mean taking control over POS but that the big players with︆ their stake totaly control the price.
You clearly don't understand it as you always reply︇ with some nonsense jada.If somebody controls 5% of a well distributed currency he basicly controls︈ its price.Its 101 knowledge in economical schools.
Blackrock has 3% ,Satoshi 5% ,Microstrategy ? and︉ now increase these numbers because arround 17% of all bitcoins are lost.
Satoshi simply needs︊ to start selling and it will lead to a massiv dump including Microstrategy getting margin︋ called.
I know your poor arguments people will buy the dip.Yeah how many more people︌ are going to join BTC once they are burned this way and will see it︍ as a store of value 🙂 .

So much nonsense it just gives someone headaches.You clearly don't understand bitcoin but️ only preach the crypto propaganda and nothing more.
Bitcoins mining power was over 51% in‌ china located by a few big mining companies.Would be bitcoin really an enemy of fiat‍ they could have killed bitcoin easily.Today bitcoin is minined mainly by big mining companies which⁠ would be easily controled by governments if intended.No retailers are mining bitcoin anymore so please⁤ don't call it decentralized as this is the biggest joke i ever hear.
Also what⁣ influence have retailers to the programers who decide about code and updates of bitcoin ?⁢
NONE.So yeah this is really very secure because people who decide about bitcoins code are︀ so high ethical and non influencable that it makes bitcoin the resistance currency to fiat︁ ROFL......

Men you clearly live in a dream bubble and have no clue what is︂ happening behind closed doors in the crypto space.Everyone only looking how to profit and scam︃ others.
 
the easiest fix to address high vola is to reduce position size.
Maybe only 10% bitcoin and 90% fiat and for those who dont care about that vola⁠ its 90% bitcoin and 10% fiat.
 
If the best argument for BTC is to compare it to fiat, then⁠ the arguments for BTC aren't strong. There are better assets than BTC, and better coins⁤ than BTC.

Correct, most serious people don't use Coinbase, but do the masses of sheep⁣ look like serious people to you? They dutifully sign up to these centralised exchanges and⁢ provide all the photographic and ID information needed to centralize their BTC with the government.︀

It's not︂ the company, it's the consumers jumping on the next new shiny thing being marketed to︃ them.

When the gains run out of steam, the whales together with the mass of︄ sheep, will move their BTC to the next speculative get rich quick scheme, maybe some︅ new AI gimmick or something. What happens to the BTC price then?
 
Aristotles money characteristics plus ofc its vis a vis fiat.⁠
whats better?
they gonna do whatever they gonna do, it doesnt really︀ matter.
Again what you say has been said for like 10︅ years or more.

Did the how you call them condescendingly "the sheep" use a new︆ tcp/ip, smtp or https today? They dont as it is the case with a monetary︇ network.
There has been new / private internets etc, all tried and all failed.
 
I'm honestly not sure which is better. The choices are:
  1. An inflated fiat‌ system backed up by nothing, with nearly $40 Trillion of debt in the US alone.‍ Next moves are to eliminate cash and control everything from the Central Banks.
  2. A crypto⁠ (also backed up by nothing) inferior to many better coded cryptos. 2% of wallets control⁤ 93% of the coins. The price artificially inflated by a pyramid scheme. Most people's coins⁣ still centralized into government KYC like CBDC.

Now give us a list where the sheep have moved onto new gimmicks.︃ I've given 5 already. There are many more.
 
You can state the same⁢ thing all over again without taking into consideration given arguments, so stating it again doesnt︀ make it more true.
pow is not backed by nothing.
you do, but not for companies / products. You︃ need to compare same things and not apple with oranges.
 
Lots of shitcoins have PoW and⁤ they're still near zero. They still have no intrinsic value. I worked hard on a⁣ failed business and I can prove how much I worked on it, but my PoW⁢ is still useless if nobody wants it.

As far as shiny new things, it's not︀ just products but across society. Remember when Obama was a deity? Now it's Trump mania.︁ Ideological opposites. Remember how the Spice Girls were the hottest thing going? Now they're ancient︂ history. Remember that ice-bucket challenge all the sheep were doing? Well if you uploaded an︃ ice-bucket challenge to your Instagram today, those same people who were doing it back then,︄ would cringe. Remember how direct mail was the best form of marketing? Well now people︅ market online.

BTC would need to massively raise its game to not be eventually usurped︆ (and keep raising its game), especially given how many coins are already technologically superior. Unlike︇ gold which value is innate.
 
yeah you can only invent the wheel once, bitcoin is the only⁤ pow which matters, hence it has a lot of value.
So you now compare bitcoin︄ to memes? memes/ memecoins come and go.

As stated already, you need to compare same︅ things and not apple with oranges.
no, just do what it has done so far.
Name a few then? You already know︈ from your failed business, tech doesnt mean anything really.

Why has gold innate value while︉ bitcoin has none? Esp in a digital age?

If you want to make good args,︊ you cannot just state your thoughts, you should add some facts to it.

Is that︋ your way of inflating post counts?

Id suggest you read this book first and then︌ come back with some upgraded arguments (as I already said, there are some but you︍ have not stated them yet).
https://www.amazon.com/Bitcoin-Standard-Decentralized-Alternative-Central/dp/1119473861
 
that's exactly what your tribe doesn't understand (yet) - there is a big‍ difference between dissipated power and power used to create something that cannot be reverted without⁠ even more power

it's such a profound and unparalleled idea to transform thermodynamic power to⁤ information that it's no shame not to see it, but worth every second invested to⁣ understand
 
I will reply only to posts that don't make it personal. That way I know‌ I'm having an emotionless discussion. If I were to respond in kind to the above‍ 2 posts, it would swiftly end up in a slanging match with the subject of⁠ BTC merely complementing it.
 
As I sat at my screen on December 7th, 2024, and saw LTC back at‌ $143, I thought I should sell. But then I thought again no, let’s wait, it’ll‍ probably climb back up to $299 like it did in 2021.

But damn, no, it’s⁠ crashing, and as I’m writing this, it’s down to $94… You really should trust your⁤ gut.
 
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