CFTC Busts $44 Million Ponzi Crypto Investment Scheme

[Tokenz]

Are you claiming that Bitcoin is a safe haven, completely depegged from USD? I dunno how long you've been trading/investing, but you are way off the mark IMO. Even GOLD is no longer considered a safe haven (since the money printer was turned on). Deleveraging of assets will completely bring down the entire Crypto ecosystem.

For now it moves along with US markets yes. But how long will it last? You don't know, just like I don't know. So stop pretending you do

 

[Pekelo]

Right now, BTC can be used to buy any computer product from NewEgg, luxury goods,

If you wanna overpay for goods and services. Since you are using a deflationary currency (or so you think) you are paying too much. Just hoard it baby, hoard it.

 

[JackMorgan]

why are there so many multi billion market cap garbage coins no one has ever heard of and that do nothing ?

hard to fathom

 

[johnarb]

If you wanna overpay for goods and services. Since you are using a deflationary currency (or so you think) you are paying too much. Just hoard it baby, hoard it.

So you're saying to hodl bitcoin?

yes, yes, this is good advice, hodl for a long 5-10 years and bitcoin will be over $1M each

You should listen to yourself, Pekelo

 

[Pekelo]

So you're saying to hodl bitcoin?

Not BTC, but anything deflationary. Unfortunately BTC is still inflationary for the next 100 years.

(in the last 6 months it had a 200% inflation)

The point is, you can't have BOTH a currency and an investment vehicle. It is either/or.

 

[johnarb]

Not BTC, but anything deflationary. Unfortunately BTC is still inflationary for the next 100 years.

(in the last 6 months it had a 200% inflation)

The point is, you can't have BOTH a currency and an investment vehicle. It is either/or.

Hodl bitcoin

https://twitter.com/x/status/1528295703444856832

 

[Pekelo]

Hodl bitcoin

Exactly my point, very expensive pizza. Pick one only:

1. Currency.
2. Investment.