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When one of the largest asset managers changes profile picture to laser eyes, YOU ARE NOT EARLY. It's very late and people are gonna get fu*ked hard. Bitcoin is not a ponzi, but a massive bubble within "the everything bubble". It was originally driven by low-grade drug dealers and criminals...

If it's free, then you are the product. They won't make money on the fees. They'll make money by selling Bitcoins they bought at 16k$!

"US Dollar is backed by nothing". The nothing:

ironically though, if you believed blindly you would have probably been better off :confused:

Bitconnect ponzi Bitcoin

It doesn't scale, there is no development, LN is effectively useless, the users and holders are largely mentally retarded. Main Bitcoin developer breeds cats in cages and eats them. The most recent use case are inscriptions which is basically just a proof that it's all just a joke. It's only...

Bitcoin by itself is definitelly not a ponzi, as there is no promise of returns. It's just a blockchain. But the only reason(or one of the main reasons) why people believe in Bitcoin is because the price is going up. Basically nobody knows how Bitcoin even works, it's status of development...

They haven't gone down because once Tether goes down, it's all over. Then it would be impossible to collect fines for the government as everyone would be bankrupt. It also wouldn't let the current entities in charge unload their bags on the unsuspecting retail. Even the CEO of bitcoin magazine...

Simulation or not, what difference does it make for us?

Where is the proof of that? The so called "AI" is basically a "large language model". They suck badly. What real world problem do they solve? It can help a lot but there is only so much it can help. The reality is that there is little progress being made. I would be happy to be proven wrong...

20 years from now, what is happening now will be seen to have been a big anomaly... right? With the way everything is right now, it can't be explained any other way ?? And it's reflected everywhere; in the markets, society, politics,..... Right?

I will tell you where the biggest problem for Tether lies in my opinion. Myself and many others have been thinking for a long while HOW THE FU** is potentially the biggest fraudster in the crypto space (justin sun) still running free? And then you look into it and you realize 55% of ENTIRE...

:strong:

I'm thinking XRP could actually bottom for a SIGNIFICANT move from here( idk, like 2-5x ) not high confidence just yet

o_O I Thought of 20K to be accumulation or atleast the closure of short positions. Then the FTX fiasco pushed us lower. Though if correct, once we bottom, the 20k should be regained with ease. I still thin the absolute mayhem is ahead at some point when the stock indices crash for real, but i...

I think it's very likely this is the bottom, without the further dip to 14k. With Ethereum PoS there is up to 25M$ LESS of daily sell pressure(from miners, assuming they were selling) Bitcoin DID NOT EVEN FLINCH while EUR, GBP& Stocks were COLLAPSING. A great sign of strength. Elections...

How did it not? Previously you could not send a payment online without a trusted third party. You needed a PayPal, bank account , credit card processor or someone else to settle the transaction. Now we can deal peer to peer without those parties. For example paypal is notorious for their poor...

Zelle can close your account at will. Nobody can close your Bitcoin wallet and nobody can stop you from transacting. Yes the bad thing is if you screw up, the money is gone. The good thing is transactions are irreversible. Bank&credit card transactions can be reversed, while crypto transactions...