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Bitcoin down almost 50% from year's high

19 Comments

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19 Comments
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It has a few more boom and bust cycles before its eventual slide into obscurity.

In 30 years time we will be asking each other..."Do you remember Bitcoin?"

2 ( +8 / -6 )

One wonders why? An unregulated currency not back by the full faith and credit (or ability to tax) of any central bank the average people can use no where in their daily lives and by all appearances seems like a vehicle for money laundering, tax evasion, cybercrime and speculation. Who’d have thought that it would have been an illusion???

2 ( +5 / -3 )

Monopoly money is more trustworthy

-1 ( +3 / -4 )

Bitdodgy

1 ( +2 / -1 )

Crypto and blockchain technology is the future. Web 3 is going to change everything. What about a new cryptocoin named ICP (The internet computer). It's price today is Yen 15,370. Can you guess it's price in May 24, 2022?

Jacobo

0 ( +2 / -2 )

This is very funny.

1 ( +2 / -1 )

What about a new cryptocoin named ICP (The internet computer). It's price today is Yen 15,370. Can you guess it's price in May 24, 2022?

6 yen.

1 ( +2 / -1 )

Jacobo,

Yes...it's defiantly catching some interest. ADA, Vechain too. Crypto is the future.

-1 ( +1 / -2 )

definitely

1 ( +1 / -0 )

@Mr Kipling

In 30 years time we will be asking each other..."Do you remember Bitcoin?"

I'm not necessarily a fan of cryptocurrencies but I can't agree with you. The main reason is that countries have long been looking for a way to remove themselves from being tied to the US dollar. Also, people have been searching for ways outside of their country's currencies. The push from the people will ultimately make it stay. Also, once it becomes regulated world wide, it becomes something of a dollar alternative for most countries.

0 ( +2 / -2 )

Crypto is the future.

The future of ponzi schemes, yeah, for sure.

2 ( +4 / -2 )

Buy the dip! You won't regret it.

2 ( +3 / -1 )

Does everyone understand that you can fork the open source code and create your own Crypto? Just give it some fancy or cute name, like KittenCoin and watch it grow. But make sure you ditch it on the up so others are holding the bag. That's the secret to getting rich off of it. I regret not mining it on my own PC at the beginning of BC a little more than ten years ago, then dumping it even just a few years later. Would have had in the seven figures (USD) which would be good enough for me.

4 ( +4 / -0 )

With a lot of the mining going on in China, China officials can crack down at anytime and make the price fall. Would be good to have some Chinese friends in high places. Easy money. No such thing as insider trading in Bitcoin.

0 ( +0 / -0 )

Lots of technophobes here. Get on board BTC while it is affordable, as well as DogeCoin. They are the future, and will keep trending up as more and more retailers accept them as payment.

Down with FIAT currencies and banks!

1 ( +1 / -0 )

Down with FIAT currencies and banks!

Yes, and MORE Ransomware!

0 ( +0 / -0 )

I invest in Japanese whisky and gold.

Have made 5x to 10x my investment back on the whisky, sometimes more.

Gold is physical and vaulted.

Gold has a history as a store of value for thousands of years.

No regrets and no surprises...

Cryptos are a paradise for gamblers!

0 ( +0 / -0 )

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