[POLL] Do you own/use Crypto-currency?

Hello,

Point of a poll is to see, how true Satosi vision has played out over years, here in BHW, and in general...

I remember first receiving some payments for IM services in BTC back in 2012. Before I accepted, read about it & came to conclusion that it's some kind of pedo/drug dealer untraceable digital money, could not really understand a point of it beyond that. Found a single existing place in my country to exchange it for $, did that and forgot about it... Well.

Since that made some nice gains, here and there, but nothing significant. Missed all major Bull runs, like this one, simply because I like to invest in things that I can control.
Only if I am early at a bottom, with money to loose - will allocate something to ride it out, and just add a gravy on top of existing gains from other ventures...

Anyway, I am still some what skeptical. I would say, original Satosi vision of ''money of a people'', is lost...

Now its a never ending game of Musical chairs, every X so years, there is a major Bull run, common people got exited, and then wiped out when everything crashes.
All wealth in BTC consolidates around early Whales, now institutions. Eventually it's just an another way for rich to get richer, and take from a poorer, less savvy...
In the end new money revolution, does not look much different than, current system...

What gets people to FOMO in, is not a technology, but that shinny big USD $ price, that everything is measured by...
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When crash? How Low? Predictions?

I don't think that people care Satoshi's vision at this point. What I see is; majority of people are just buying to earn more, not to use cryptocurrency features.

But great poll, following to see the results

We own, hodl, trade, mine and accept btc as payment method 9 years now.

So yes, completely support the idea and vision for digital currency (as it is/was).

However in regards the Bitcoin and the "Satoshi" (if we accept that is a real person and not a group of people or organization [we don't and can't know that])..
the above "money of a people'', is lost" is 100% true.

Now... if we accept that institutions and billionaires (0.1% of the earth population ) are humans.. then "maybe" it is still valid.

Unfortunately here we also have multi-level market/ price manipulation.

Is not the first time when Tether Limited (USDT) and various exchanges are manipulating the crypto and especially bitcoin price (Google it) + Bitcoin futures + Wall street.

"Now its a never ending game of Musical chairs, every X so years, there is a major Bull run, common people got exited, and then wiped out when everything crashes. "
Knowing that we are in a fake market -> bubble (Stocks) supported only with fake printed money [25+% fresh USD or 3trillions] (and fake printed Tethers $USDT for Crypto) which is mathematically impossible to not lead to hyperinflation which will lead in GFC 2.


USD have already lost over 20% of its value for a year... which is more than scary and that my friend is something that push people to invest in something that they believe will at least keep its value compared to USD or other fake money currency.

And then we have the lockdowns... high unemployment rates ... people are doing nothing else than watching YouTube, YouP..n .. receiving free financial checks for doing basically nothing, that free fake money are going directly in the stock & crypto market.

Those who believe that Bitcoin "is" = or a better version of Gold for "store of value".. Well.. Bitcoin was released in mid of 2009.. since then we have 3500+ clones of bitcoin. Gold was/is here long before us ... As for now, we cant clone Gold.. we can make fake gold but not real gold.
Hopefully soon we will find more Gold @Mars or other planet / asteroid .. but as for now.. we live on planet earth.

And again, as a big supporter of the general freedom, cryptocurrencies are the perfect solution for a financial freedom (in regards the transaction of money with high privacy and low to zero transaction fees).


If you are trading it.. don't be too greedy!

We use it... To make money.

Currently cant use it as a currency as the price fluctuates heavily. Maybe its at its infancy stage or something but still too early to say for sure.

Gathering Crypto for my grandkids

sendlerad said:

Now its a never ending game of Musical chairs, every X so years, there is a major Bull run, common people got exited, and then wiped out when everything crashes.
All wealth in BTC consolidates around early Whales, now institutions. Eventually it's just an another way for rich to get richer, and take from a poorer, less savvy...
In the end new money revolution, does not look much different than, current system...

What gets people to FOMO in, is not a technology, but that shinny big USD $ price, that everything is measured by...
---
When crash? How Low? Predictions?

Click to expand...

i realllyyyyyyyyyyyyyyyyyy wish its like this every few years,buy low and sell hight.If you got got nurves you good be a bilioner in like 10 years like that.Just think about stanking maoney when nothing is happening,buting at low and waiting for the wave

ps lol at thinking back that he was a pedo

buy high and sell higher, that's what im doing

HODL all day