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Dec 2, 2020
2:06
:52
pm
fumblerooski
3rd String
there's lots of reasons to hate bitcoin but it appears that
decentralized digital scarcity is here to stay
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fumblerooski
Bio page
fumblerooski
Joined
Nov 22, 2007
Last login
May 18, 2024
Total posts
372 (11 FO)
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Messages
Author
Time
So what's the deal with Bitcoin lately?
kccougar
Truly Addicted User
12/1/20 4:14pm
Have been wondering the same thing but have no idea.
lightmann
12/1/20 4:15pm
It's becoming more widely accepted and available and the devaluation of the dollar and fiat currencies is pushing it
cougsrule
12/1/20 4:17pm
But beware of twin peaks, a.k.a. double top.
roseyscenario
12/1/20 4:19pm
Don’t think it’s the same fundamentally from last time. Supply constrained
grosven
12/1/20 4:56pm
My point was technical, not fundamental. Clearly taking some work to break
roseyscenario
12/1/20 9:06pm
In get it, but there are major differences this time.
grosven
12/1/20 9:46pm
No difference. Technicals hit resistance. Media fabricates fundamental change
roseyscenario
12/2/20 10:53am
Did BTC get major institutional backing last time? Is demand not higher now?
grosven
12/2/20 11:03am
Same justifications made last time. Big people were involved.
roseyscenario
12/2/20 11:06am
Peace always. No worries. I think you're saying you disagree on these points?
grosven
12/2/20 12:33pm
If you are concerned with fiat money printing are you concerned by unbacked USDT
Defenestrator
12/2/20 11:13am
It is crazy but quantum printing and ZIRP can't/won't stop anytime soon.
grosven
12/2/20 11:40am
USDT printing press
Defenestrator
12/1/20 4:21pm
more that USDT is propping up the price
fumblerooski
12/2/20 3:59pm
The subject of your post is much more amusing if read in a Jerry Seinfeld voice.
garyfan
12/1/20 4:23pm
And accurate.
kccougar
12/1/20 4:26pm
This post of mine from July has not aged well..
TheLost
12/1/20 4:38pm
Hedge funds and larger institutions are selling gold and buying bitcoin
PING Man
12/1/20 4:42pm
One more terrible thing 2020 is bringing us. It needs to die.
fbguru
12/1/20 5:02pm
bitcoin has been getting lots of good press lately
fumblerooski
12/2/20 2:05pm
there's lots of reasons to hate bitcoin but it appears that
fumblerooski
12/2/20 2:06pm
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