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Apr 19, 2024
7:14
:52
am
dave
All-American
Crypto has always been volitile short term. BTC is a longterm safe haven from
Inflation. Not all crypto has the same tokenomics. So beware that the altcoins all have different functions.
This message has been modified
Originally posted on Apr 19, 2024 at 7:14:52am
Message modified by dave on Apr 19, 2024 at 7:16:48am
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dave
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dave
Joined
Sep 27, 2005
Last login
May 2, 2024
Total posts
8,367 (208 FO)
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Messages
Author
Time
If crypto isn't a safe haven play in case things start falling apart then what i
maYbe
Apr 19, 7:10am
Don’t look at weeks - look at years.
Swish
Apr 19, 7:13am
Crypto has always been volitile short term. BTC is a longterm safe haven from
dave
Apr 19, 7:14am
BTC lost almost 65% of it's value in ~1 year. I wouldn't look at it as a hedge
txblue
Apr 19, 7:28am
It is a risk on asset dependent on liquidity, but can be long-term hedge
Dr T-bone
Apr 19, 7:56am
So basically just digital gold. Although gold has other uses too.
maYbe
Apr 19, 8:16am
Correct, though it has digital advantages over gold
Dr T-bone
Apr 19, 8:53am
Based on that over a 5 to 10 year period I would expect crypto to
maYbe
Apr 19, 11:29am
It is a volatile gambling mechanism plus a way for bad actor / shadow
ray ray
Apr 19, 8:15am
It is a traceable permanent ledger. Perfect for those trying hide transactions.
dave
Apr 19, 9:45am
Are you really trying to argue that crypto doesn’t currently facilitate criminal
ray ray
Apr 19, 10:08am
I am saying... Link addresses to people and case closed. Cash is better.
dave
Apr 19, 4:07pm
So it’s the U.S. dollar?
Longseason
Apr 19, 10:27am
Oh no, it’s crashed up 100% since this time last year
Longseason
Apr 19, 10:27am
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