Everyone Makes Money in Crypto

Kirill4191 said:

The value is that btc is not affected by inflation compared to fiat currencies

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We all know that. Thing is, value needs to be quantified. Price isn't good quantifier for value. If it was, cycles wouldn't exist. How much is yearly inflation? Is it normal for BTC to get yearly inflation covered in a single day, every day for months?

Kirill4191 said:

The value is that btc is not affected by inflation compared to fiat currencies

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Dude btc is actually worst that the central banks.
Imagine you were in 2010 or even 09 , bought millions for no actual reason and have some guts to not sell it at $200 or even 2k or whatever price you wanted to sell, what will be your problem , HOW TO CASH OUT and as much i hate it you will need to cash out in USD , now put your position in some actual whale who have the contacts needed to manipulate the market , just wait , because you already a millionaire , heck without selling you will be a billionaire , so now they saw the opportunity , they are actually selling shit for 23k (who blame them , i will sell my shit far less) , the market will drop , same sellers will buy back their magic money for a lot less , and move the price up again, and another cycle of stupid money is coming in , college funds/depts .... talking about central banks and how they are printing money from thin air ?? this is actually worst .
as a technology blockchain is here to stay but not bitcoin

speedy5044 said:

Hodl my ass , don't follow some kids on twitter man , this will collapse eventually (im talking about btc , not blockchain) , the market is manipulated by whales selling you their magic money (that they don't even believe in) (btc will not replace cash (just check the fees)) and its really not a store of value (can you see any store of value that can drop like 50% in one month or even 2) , enjoy the ride , just be careful long time jolding that "store of value"

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Cathie Wood is extremely bullish and they have a good track record. They issued two analyses on their Ark Invest website. Also in their private portfolios they have Bitcoin at 7% according to a recent interview. On the public ones because of regulations they can't get profit more than 10% (even if BTC goes to the moon because of the way SEC classifies it for public funds). https://www.bloomberg.com/news/vide...od-remains-extremely-bullish-on-bitcoin-video