HI-TEC99
Legendary
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Activity: 2772
Merit: 2846
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November 20, 2022, 03:47:29 AM |
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Many of us already have a pretty good sense that bitcoin is many multitudes, likely magnitudes and probably around 100 to 1,000x more valuable than gold.
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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JayJuanGee
Legendary
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Activity: 3710
Merit: 10221
Self-Custody is a right. Say no to"Non-custodial"
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November 20, 2022, 03:57:42 AM |
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...Many of us already have a pretty good sense that bitcoin is many multitudes, likely magnitudes and probably around 100 to 1,000x more valuable than gold. ...
Oh don't get me wrong. I did not necessarily mean to imply that bitcoin's early adoption phases should necessarily count in terms of how we might want to consider how to measure it - even though for sure, BTC's price appreciation does help to bring some acknowledgment that it has value that goes beyond some kind of "magical internet money." Also, the mere fact that bitcoin is likely 100x to 1,000x better than gold does not cause any kind of guarantee that it will outperform gold in the short term, and surely it could take 50 to 200 years before bitcoin starts to get close to its fair value, relative to gold... assuming that bitcoin continues to exist without losing its today's properties of serving as a largely decentralized way to communicate scarce uncensorable value through the internet and/or through other digital communication mechanisms... and of course, analogue can sometimes be converted to digital, too. P.s. I feel that I am rambling, and I am not sure if I actually clarified anything that I had previously posted. |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 20, 2022, 04:01:16 AM |
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HI-TEC99
Legendary
Offline
Activity: 2772
Merit: 2846
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November 20, 2022, 04:34:55 AM |
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...Many of us already have a pretty good sense that bitcoin is many multitudes, likely magnitudes and probably around 100 to 1,000x more valuable than gold. ...
Oh don't get me wrong. I did not necessarily mean to imply that bitcoin's early adoption phases should necessarily count in terms of how we might want to consider how to measure it - even though for sure, BTC's price appreciation does help to bring some acknowledgment that it has value that goes beyond some kind of "magical internet money." Also, the mere fact that bitcoin is likely 100x to 1,000x better than gold does not cause any kind of guarantee that it will outperform gold in the short term, and surely it could take 50 to 200 years before bitcoin starts to get close to its fair value, relative to gold... assuming that bitcoin continues to exist without losing its today's properties of serving as a largely decentralized way to communicate scarce uncensorable value through the internet and/or through other digital communication mechanisms... and of course, analogue can sometimes be converted to digital, too. P.s. I feel that I am rambling, and I am not sure if I actually clarified anything that I had previously posted. When the banks go bankrupt again the average joe will suddenly realize its value.  |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 20, 2022, 05:01:16 AM |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 20, 2022, 06:01:20 AM |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 20, 2022, 07:01:16 AM |
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nutildah
Legendary
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Activity: 2982
Merit: 7978
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November 20, 2022, 07:09:29 AM |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 20, 2022, 08:01:16 AM |
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John Abraham
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November 20, 2022, 08:17:55 AM |
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Buddy Breaker.
When $30,000?
Probably after this Bear run? Meanwhile, let's focus on Qatar. I know you are a soccer fan.  |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 20, 2022, 09:01:20 AM |
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OutOfMemory
Legendary
Offline
Activity: 1540
Merit: 3007
Man who stares at charts
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November 20, 2022, 09:10:15 AM |
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Sorry for the caps, but this pic is straight yelling this at me  I will forgive it this time. I think it's obvious and simple, but i'm not sure if it isn't meant as a joke: WOMEN ARE EXPENSIVE We poker player have a saying... "In life... Women are the rake." +1 WOsMerit  LOL I'm seriously playing Poker for about 15 years, never heard this funny one @JJG: I'm truly not a sexist, i say dumb things like these about men too  BUDDY FUCK OFF relentless mofo that you are.
Mmmm a BTC wannabe?
Hmm, maybe we'll opt for a Fuck-you-Buddy-Tuesday? |
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ChartBuddy
Legendary
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 20, 2022, 10:01:16 AM |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 20, 2022, 11:01:19 AM |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 20, 2022, 12:01:21 PM |
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eXPHorizon
Full Member
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Activity: 1176
Merit: 132
Precision Beats Power and Timing Beats Speed.
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November 20, 2022, 12:42:24 PM |
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 Real Pic captured by Trail cam Right above a Cross |
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ChartBuddy
Legendary
Offline
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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November 20, 2022, 01:01:17 PM |
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eXPHorizon
Full Member
Offline
Activity: 1176
Merit: 132
Precision Beats Power and Timing Beats Speed.
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November 20, 2022, 01:01:49 PM |
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Poll
