- Jan 7, 2019
- Time online
- 3d 19h 45m
SELL GUYSSSSSSSS LETS GO FOR 7K$
Why would a regime want a currency that they couldnt control?you come off as intelligent then ask something as dense as this? I'm gonna go ahead and assume you're trolling and/or high
true that it's not the ideal, but having all transactions out in the open, the ability to censor transactions (even tho people think it's censorship resistant) etc. is still v attractive for the likes of chinaWhy would a regime want a currency that they couldnt control?
I get global currency but i dont get why they would use BTC, it would enable power for the people which is what they dont want
how retarded is this logic jflAnd of course that doesn't mean Bitcoin can't go to 100,000$ in the short term..but who gives a fuck? You can't chase the bullshit, you need to invest responsibly or you'll get burned. Stay away from the speculation and look at fundamentals
Free money? Nothing is free lolhow retarded is this logic jfl
just pass up on free money that you could use to "invest responsibly"
There’s a big Bitcoin trading group that will invest at 30k to pump it up. Doubt it’ll go any lower than 27kBe Cautious about Bitcoin Right Now
Don't be dumb. Look at where Bitcoin is with Logarithmic regression curves fit to it's lower and upper bounds from it's inception.
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It's right in the middle, it could keep going up but it could also have a bigger correction, which would be a better time to buy. There is always bullish news on Bitcoin, it's a growing network but sentiment could be in a media fueled bubble right now.
An Undervalued Alt coin to Research
As people adapt to Bitcoin they go through stages. First they are Bitcoin maximalists believing all other coins are shitcoins. Eventually most of them learn the potential of Defi such as Ethereum. This streamlines, automates, and decentralizes, lowers costs, and adds liquidity to nearly all financial transactions.
Outcome dependent contracts can automate things such as weather insurance for farmers, betting, or any kind of insurance lowering costs. The main problem with this and other automated contracts is that they require data sources from the outside world which can be hacked (and often are).
This requires what's called an oracle trust network, and Chainlink is setup to be the biggest Oracle trust network in my opinion, making it one of the most undervalued Alt coin. It should be number three by Market cap since 90% possible things you can do with smart contracts require reliable data from the outside world (which requires an oracle trust network). There are other oracle trust networks, but none are as large or secure, or widely used and they have been hacked.
Anyways, whatever do your own research. Don't trust some rando's on the internet, and always look a the full price history (in logarithmic mode) to see if you're buying into a short term bubble or at a lower point.