Bots-Scrapers
Elite Member
- Jan 2, 2014
- 4,041
- 1,078
whoever this guy is - is another guy
Bitcoin rocks, haters shocked.
Already shocking for last 10 years. Always upside.bitcoin will shock everyone indeed …no matter upside or downside
the Growth will never stop no matter what but yeah inorder to be healthy growth it should obviously do up and down which is fair thoughAlready shocking for last 10 years. Always upside.
Down is ok but down to 0 is not possible.the Growth will never stop no matter what but yeah inorder to be healthy growth it should obviously do up and down which is fair though
That logic cannot determine that it will not go to zero. It will not go to zero because of huge demand."Experts" say that bitcoin is not backed by anything, but in fact, it's backed by the energy it costs to produce (=mine) it.
Are you talking about enviromental damage? If yes, I'd guess that oil companies will go down faster. Someone did the calculation once, can't remember who it was but it was a 60 pages pdf report that I read for something I needed at the time, the bottom line was that bitcoin is a lot better to enviroment that any of the fiat alternatives.That logic cannot determine that it will not go to zero. It will not go to zero because of huge demand.
The time is different 2013 was different and 2022 or 2025 will be different because the knowledge, Money is changing every single dayBTC have already "went to 0" 500 times since 2013, but never got there. Personally, BTC reaching 1k would be an increadible opportunity to buy.
"Experts" say that bitcoin is not backed by anything, but in fact, it's backed by the energy it costs to produce (=mine) it.
he predicted as we do in our regular life so the main question is how good we are in predicting something on basis on whay and it will happen only when market reactPeter Schiff made me buy silver because it was going to go up so much in price. Under several years nothing happened. Don't trust him.
There are tons of Podcasts he did and out of 100 how many times were he correct thats the main point even in this Crypto market prediction just not Enough because that’s why we have institutional traders and Whales and Hedge funds and all trade who kill everyone predication and with all said market cannot be with single person or cannot be without PeoplesHere's his radio channel for those interested:
https://schiffradio.com/
no there is nothing to relate with Blockchain or miners when its comes to Institution and Manipulation things with Countries and with their Political systemPeople assume Bitcoin will go down because its blockchain is too outdated and weak. Guess what? Bitcoin is supposed to be a store of value, not necessarily a means of transaction.