Nearly 10,000 cryptos now, but only ~35 are seeing any action??

Pekelo said:
That is the stupidest shit someone said it here. BTC literally has no utility value anymore (not even the store of value shit) yet it is still the highest valued crypto.

I will correct your equation:

Fad + hope + FOMO + stupidity = value
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As I said.

Nothing but a greater fools theory

And wait till all those idiots in the NFT market bubble start to panic. That guy GARY V started some NFT nonsense a few weeks ago saying it's the future

NFT equals FAD
 
S2007S said:
Look at the market cap of nearly 2.5 trillion a week ago or so now nearing 1 trillion

Over a 50% collapse and more to come. Now everyone holding ETH at 4000+ is going to witness sub 1000 bucks soon.
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I already sold all crypto, but I made a lot overall over the past 5 years while you keep calling fairy coin.
 
betcashrun said:
No: if the Fed were to buy bonds or stocks by printing money for it, those investments would become assets.
Bitcoin has no backing and no asset.
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You just admitted the Fed prints money out of thin air. Anything you say after it is simply a justification for why the Fed prints money.

Thanks for playing. Try again later.
 
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