I find it amazing how you idiots don't seem to understand the significance of bitcoin...

back to twitter normie

>drinking delicious aged salty tears
this post will not age well

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>alts

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it will age well
screencap this

Bit coin follows Precious metals and dxy.

It's being utilized as an emergency asset, like gold.

Your crypto "projects" have no significance in comparison to the importance of the dollar strength index (dxy).

Fucking crypto fags not realizing this is disappointing.

agree except for the second statement.
I dont think, and never have thought bitcoin is an emergency asset, as proven by what happened in march. Eventually it will be, but it hasnt reached that point yet, and will probably need to hit 10 million dollars before it becomes one

I will remind you of it when bitcoin gets rejected at 20k again.

Ok boomer. Don't need corn no mo. Always buy USDT instead. Corn is obsolete

Fuck off reddit

>ill be back to laugh at you when you've doubled your money and more hedgefunds begin piling in

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This, 100%
Blows my mind
But these are the junior bacon cheeseburger zoomers who only know a BTC bear market.

BASED
TA is BS, you don't understand market makers.
>I dont think, and never have thought bitcoin is an emergency asset
This was the main reason for the '13 BR, the cypriot banking bailin. I see it happening again, I see pre '13 events happening RN, to to the scale yet of course. Many forget iceland was the banking trigger. Little old iceland
>Corn is obsolete
Daily reminder '17+ fags opinions are worthless
its a real shame

>>I dont think, and never have thought bitcoin is an emergency asset
>This was the main reason for the '13 BR, the cypriot banking bailin. I see it happening again, I see pre '13 events happening RN, to to the scale yet of course. Many forget iceland was the banking trigger. Little old iceland

I agree, but that wasn't my definition of emergency asset. I see it coming as well but its not an "emergency" yet, its just something to prepare for. Most people who own bitcoin dont understand it like biznoobs, and will probably panic sell in any international economic emergency like they did in march.

But bail ins are basically guaranteed, it even says on the UK government website lmfao
gov.uk/government/consultations/bail-in-powers-implementation-including-draft-secondary-legislation/bail-in-powers-implementation

Sure atcoins can make you rich, but they might also get you to zero. BTC will make you rich but take a little longer, no risk though.

This, bitcoin is a zero risk asset

few understand this

>But bail ins are basically guaranteed
tots agree
if you check out the UK 'insurance fund' (FSCS) it has enough for 46K accounts @ the max payout of £85k. ffs most bankers don't know this.
Personally i don't think BTC needs bank failure, It will be whats its become, a digital private reserve currency, Bank failure will help of course.

Best of luck convincing this board of retards

bitcoin doesnt "need" anything

This is what people don't get because they've listened to some lolbertarian hippie freak on youtube who says THE END IS NIGH every 3 days and gets it wrong, and claims bitcoin will moon "when the entire world ends"

Bitcoin will moon simply because it is bitcoin. The point is it will survive things that fiat currency will not because it is anti-fragile

I mean

Bitcoin can live alongside fiat currency very easily

But fiat currency might not be able to live along side bitcoin for very long

we do but you cannot make more bitcoins from bitcoin. we trade alts to make bitcoin and hope we're the winning side of the trade.

seek help.

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You are right. However, what's the point if you are buying in KYC exchanges?

If you go and buy in Kraken or Coinbase or pretty much any exchange with liquidity, the government already knows you own X BTC. "But my dog ate the Trezor". They'll just seize other assets or fine you.

That's why I never got involved in Bitcoin. Sounds cool, but that's about it. Only the rich that can have sources of good OTC liquidity and then launder it to buy McMansions will benefit. Now it's too late for the little guy.

Even if you bought a million worth of BTC now and it went to 100k$, you would still have only 10 million$, that's nothing in the grand scheme of things, govs will cuck you. Banking privacy is a meme in 2020, when you go to Switzerland and say you "bought BTC OTC" or something they'll not take it the right way. Alternatives are shitholes like Georgia where I suppose they don't care where the money came from so not really an alternative. There's no point in having a ton of money in shitholes and all non CRS countries are exactly that. So again, I don't see the point.

Very valid concern, and the unfortunate reality is you may be right to an extent. I doubt the government and jewish media will allow us to get away with getting rich and, as they will put it "PROFITING FROM OUR MISERY". They will brand us as traitors and anti-patriots to whip up hate towards us so they can probably try to steal it from us.

Fortunately for me, I have huge balls and I am willing to make that fight.

When you're given one shot at life, why not take it? No way I'm rolling over, especially after THEY bankrupted us in the first place with THEIR centrally controlled financial paradigm. I will not accept serfdom.