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Asrael999
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June 12, 2017, 10:46:33 AM |
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Let's see how long the Bitcoin is a store of value argument lasts once Bitcoin is no longer the largest coin by market cap. You had your chance to scale , four years and counting since it became an issue, still no solution and no evolution ---> extinction.
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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European Central Bank
Legendary
 Offline
Activity: 1288
Merit: 1087
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June 12, 2017, 10:52:12 AM |
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Let's see how long the Bitcoin is a store of value argument lasts once Bitcoin is no longer the largest coin by market cap. You had your chance to scale , four years and counting since it became an issue, still no solution and no evolution ---> extinction.
something can be a higher market cap yet have no characteristics of a store of value. store of value was always something of a myth though. it would take many years before it was a fact. |
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kludzins
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June 12, 2017, 10:52:33 AM |
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Going down  |
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Pajulapoiss
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June 12, 2017, 10:52:57 AM |
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I see people desperate about making money with btc value growth, and being worried about having missed the train of making millions. But it's not all about that. Even if you don't make any profit from bitcoin growth, why not still use it? The future is not in gold coins, it's in bitcoins! Bitcoin (altcoins) & blockchain will change our way of living. In ten years it will become the new mainstream, cuz people are waking up!
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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June 12, 2017, 10:53:17 AM |
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end of bubble ?
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kludzins
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June 12, 2017, 10:54:54 AM |
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end of bubble ?
End of world  |
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Icygreen
Legendary
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Activity: 1463
Merit: 1135
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June 12, 2017, 10:59:26 AM |
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I feel fairly convinced after this performance that an individual or collaboration of a few have control over the crypto markets. I'll bet the recent Builderberg conference covered the crypto topic. This is money after all. That would certainly affect my buying decisions.
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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June 12, 2017, 11:00:14 AM |
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that's some heavy red, fiat for holiday
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kludzins
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June 12, 2017, 11:00:22 AM |
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Doesn't make sense how bitcoin is crashing but ETH/BTC is going down aswell...
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ImI
Legendary
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Activity: 1946
Merit: 1019
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June 12, 2017, 11:01:25 AM |
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Doesn't make sense how bitcoin is crashing but ETH/BTC is going down aswell...
makes perfectly sense. the dethroning of BTC could be the end of the cryptobullrun we saw since 2015 |
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willope
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June 12, 2017, 11:03:29 AM |
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WOOOOOW I sold at the very last moment, losing only 100$ from the ATH. I've been shopping and looking at the charts I felt it was a start of a huge crash. And I've gone home running to sell everything. Wow, what a scare.  Now waiting to profit from dead cat balance. |
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Dotto
Legendary
Offline
Activity: 981
Merit: 1005
No maps for these territories
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June 12, 2017, 11:04:14 AM |
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Take this as a message to Jihan/core. Better do your homework or game over
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Torque
Legendary
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Activity: 3542
Merit: 5039
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June 12, 2017, 11:04:20 AM |
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We all backed the wrong horse. How did this happen? Is this Roger Ver cashing out of BTC into ETH?
Social engineering of the blind sheeple masses is apparently working to a "T". Soon Govcoin will have everyone under their spell. Run along and join them, little sheep. <Baaaahh> |
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B1tUnl0ck3r
Sr. Member
Offline
Activity: 854
Merit: 277
liife threw a tempest at you? be a coconut !
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June 12, 2017, 11:05:09 AM |
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UnDerDoG81
Legendary
Offline
Activity: 2179
Merit: 1201
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June 12, 2017, 11:05:19 AM |
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Congrats, who catched the knife?
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Asrael999
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June 12, 2017, 11:05:32 AM |
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Let's see how long the Bitcoin is a store of value argument lasts once Bitcoin is no longer the largest coin by market cap. You had your chance to scale , four years and counting since it became an issue, still no solution and no evolution ---> extinction.
I thought you were one of us? I am - but I am also sick of the blatant manipulation and time wasting that has gone on over the last few years to the detriment of this community and decentralised cryptocurrency. Bitcoin is not a store of value , it is a disruptive value transmission technology, stores of value preserve purchasing, power they don't multiply it many times like Bitcoin has - that's the characteristic of a speculative investment. TPS and it's expansion is absolutely central to the long term success of bitcoin and everyday that passes without an expansion in bitcoins capability on this front leads us one step closer to doom. I've been in this game since I got ripped off by Butterfly labs in 2013 and at my peak owned a lot of Bitcoin. I now own no more than I am comfortable to lose, I do not buy ETH as I am uncomfortable with the concept of putting value into a crypto that can be reasssigned at the whim of a centralised authority, taxes are bad enough I don't need an Emperor confiscating my property on a whim |
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Asrael999
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June 12, 2017, 11:10:09 AM |
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Let's see how long the Bitcoin is a store of value argument lasts once Bitcoin is no longer the largest coin by market cap. You had your chance to scale , four years and counting since it became an issue, still no solution and no evolution ---> extinction.
something can be a higher market cap yet have no characteristics of a store of value. store of value was always something of a myth though. it would take many years before it was a fact. I agree but I see a lot of new accounts with poor English promoting BTC as a value store on this and other threads. BTC has been clearly marketed in other parts of the world as a "store of value" which it isn't and this is part of the blocking strategy for TPS expansion. |
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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June 12, 2017, 11:10:39 AM |
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am just watching and don't make money, such a weak hand
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Icygreen
Legendary
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Activity: 1463
Merit: 1135
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June 12, 2017, 11:11:22 AM |
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Poll
