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How much BTC is unironically needed to make it in 2021?
Hunter Cooper
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Connor Edwards
zero or a fat short
Henry Harris
32eth
Tyler Brooks
Like 10 at least
Wyatt Walker
Bit con's supply is too low = equals volatile price movements
Its not a stable store of value... only if the majority of them decide to stay in it, that's not decentralized and a huge risk.
Ask any professional investor, that's not a safe thing to bet on
Angel Gutierrez
The supply is not low dude, the decimal place is arbitrary
Leo Foster
Such a reddit faggot thing to say
Jace Hughes
I'm talking in terms of volatility
ie. going from 19k back down to 3k
Ryan Nguyen
6
Jason Diaz
What is considered a professional investor?
Christopher Gray
the decentralization happens when the whale who owns a bunch of btc sells and tonns of people buy from him and they make the price higher than the whales price, he will lose his control over the market
Samuel Bailey
I’m here to break all fud info about the RBC token. I’ve earned 300% from RBC trading and I’m ready for x15 after the instant trades options launch. So, what is the Rubic?
>fast transactions and low trading fees
>tools for creating and listing your own tokens
>solutions to lock liquidity until trade is closed
> rubic.finance
> @cryptorubic_chat
Choose your own Rubic and start to earn profit!
Dominic Kelly
One.
Check em.
Landon Harris
>open a massive short
>sell a significant but not massive amount of btc
> trigger degenerate gamblers stop losses and make a huge red dildo
> rebuy it lower with your short profit
Adrian Martinez
if you could elaborate instead of just typing a random number
Hudson Rivera
5 BTC will buy you a small apartment for yourself next year.
Tyler Evans
>supply is too low
Connor Collins
Bitcoin Won’t Make You Happy
Just a reminder that similar to any form of money, Bitcoin can’t buy happiness. Instead of spending all of your time refreshing charts, reading Reddit posts, scrolling through crypto Twitter, or going down YouTube rabbit holes spend more of your time on things that will truly make you happy. Relationships, accumulating wisdom, learning new skills, creating art, improving your health, meditation, and new life experiences.
Also, HODL.
Grayson Jones
>Its not a stable store of value
Surely that's a good thing? If I wanted a safe investment I'd just buy index trackers. I want 100x to 1000x over the next decade
Nathan Williams
lets just say that the whale is also gambling, but timing is key, he cant just do anything in a bull market, he gets eaten alive by the bulls
Adam Reyes
Checked
Bentley Watson
but yeah i get it, he can short while dumping some
Dylan Gomez
obviously this is simplified by a lot, it takes a competent team of people to pull that off, but this is exactly what these flash crashes an hour ago were, and yes I agree if plebs are in the market then its almost impossible because it gets absorbed
I think they know their last timing for doing that is pre 20k, at 20k all hell breaks lose in max few weeks once plebs get their money in order
Jordan White
based
Jaxson Walker
Checked.
If this post gets trips we are all gonna make it
Ethan Reyes
to be honest I dont even mind that they milking the retards and bots but 20k is in order, lets fucking go, they can later do whale stuff, at 20k range 2-3k is nothing, whales would have a blast lmao
Angel Fisher
The problem is, as easy as it is volatile to go up.
The converse side is also true.
Store of value shouldn't be - one time you have 500k value and short while later you have 10k value.
Chase Garcia
at least 100. It will go to $3k in 2021, so you do the math.
Jacob Sanchez
That's how you make money surely though, with the timing, which is obviously easier said than done but volatility presents opportunities that don't exist if it remains stable. You need ups and downs.
Ryder Powell
about 4000 BTC
make it = $4MM
James Young
actually based????????????????????? not allowed around these parts sorry get out.
dont fully agree tho. nobody ever achieved or did something great because they were happy or comfy or content. chasing that and that alone is degen. u need a purpose in life. if u dont aspire to do something great wtf even is ur life. depending who you ask amassing wealth might or might not be a great achievement. Either way making like $15k on some crypto investment U've spent 5 years in is definitely not "great". so in that regard u r right.
Jackson Thompson
But then, it doesn't really fit the "store of value" narrative.
Store of value, implies it retains some stability in value.
Otherwise how are you storing value, if you lost value... it makes no sense.
Evan Rogers
Bitcoin and other compute-intensive cryptocurrencies should be banned or taxed so heavily that it's financially infeasible to use them.
The amount of energy being wasted (reportedly more than seven nuclear power plants worth) on what is essentially an unproductive project is quite absurd.
In a world where we should all be increasingly concerned about the looming climate catastrophe, it's wholly irresponsible for Bitcoin to exist other than as an academic curiosity.
Also I reckon if recreational drugs were legalised, there would be no real reason to use Bitcoin at all. I mean what would be left except for just buying into the pyramid scheme, and ransomware payments?
Isaiah Scott
Money is not for happiness, its authority.