WSJ: Wall Street Reluctantly Embraces Crypto

NoahA said:
He is asking you for your fundamental analysis on BTC. Where has he been for the past few weeks when we are trying to drill this into the posters here who don't even want to look anything up? Its obvious that none of us holders like this price drop, but the fundamentals of bitcoin are as strong as they have ever been, and even though we have given direct replies to why this is, this Frederick dick makes it sound like we have provided zero rationale.

He keeps asking for the same stupid info that we have already provided. He must be a badly programmed bot.
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Oh! The anti-government rants were the fundamentals. Who knew!
 
NoahA said:
He is asking you for your fundamental analysis on BTC. Where has he been for the past few weeks when we are trying to drill this into the posters here who don't even want to look anything up? Its obvious that none of us holders like this price drop, but the fundamentals of bitcoin are as strong as they have ever been, and even though we have given direct replies to why this is, this Frederick dick makes it sound like we have provided zero rationale.

He keeps asking for the same stupid info that we have already provided. He must be a badly programmed bot.
More...

Frederick Foreskin is an old fart that does not want to have an open mind on Bitcoin, no need to waste time on a grumpy old fuck who's proud of shit in his dirty diapers :D:D:D Change your diapers, Frederick shithead!! BWAHAHAHAahahahhaha
 
NoahA said:
He is asking you for your fundamental analysis on BTC.
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Here's my take on the fundamentals. Let me know if I've missed anything.

Bitcoin Fundamentals.

Bitcoin doesn't exist. It's virtual.

Definition of virtual
-Existing in the mind, especially as a product of the imagination.
-Created by computer technology and appearing to exist
It's a series of ones and zeros on a computer. Without a computer there is no bitcoin.

Bitcoin comes into virtual existence as a reward for solving a problem. Problems get more difficult as bitcoin approaches its max number.

Bitcoin has a limited supply. 21 million max. (Rumored that 4 million are already lost)

Bitcoin is secure. So secure that if you lose your key the coin is gone forever. Over time this should reduce the supply.

Bitcoin is decentralized. No one controls it. It can be moved from country to country with ease. It is free from government manipulation. However I do believe that there is some control over the internet.

Bitcoin can be used as a medium of exchange. Easily divisible to allow for small transactions. It is becoming accepted at more and more merchants who are converting it to fiat before accepting it. Merchants have yet to price items in bitcoin.

Bitcoins value in fiat currency is what ever you can negotiate. If you want to exchange your bitcoin for fiat or merchandise you have to find someone willing to take it off your hands.

The value of bitcoin (in fiat) is very volatile. Depending on who you listen to it may be worth millions or nothing in the future.
 
NoahA said:
He is asking you for your fundamental analysis on BTC. Where has he been for the past few weeks when we are trying to drill this into the posters here who don't even want to look anything up? Its obvious that none of us holders like this price drop, but the fundamentals of bitcoin are as strong as they have ever been, and even though we have given direct replies to why this is, this Frederick dick makes it sound like we have provided zero rationale.

He keeps asking for the same stupid info that we have already provided. He must be a badly programmed bot.
More...
Do you even know what fundamental analysis is? You think that your anti-government diatribes and blind faith pass for fundamental analysis? Alright, then, based on your "fundamental analysis," what price range do you see BTC achieving in the next year or two, and what is the numerical basis for your projection? Fundamental analysis is not devoid of hard numbers and mathematical analysis. Show some. Otherwise, please STFU.
 
NoahA said:
I'm especially going to do this in response to your replies to me.
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Well, it was an either/or thing. Since you seem to adhere to the misguided belief that fundamental analysis is limited to narrative, I think you made the right choice.
 
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