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Bitcoin Death is approaching

ChronoTrig

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the_randomizer said:
Cryptocurrency and cryptomining can both die in a dumpster fire. It's BS like that are what's causing chip shortages and components to skyrocket in cost.
Screw them both.
Click to expand...
How though for the chip shortages portion? All those GPU's that were made that are being used in crypto mining were also once sold to the public as well for their gaming, graphics, etc needs.
I'll agree to a certain point with the components increasing aspect due to they (GPU manufacturers) know they can poke the consumer for more profit and they'll milk it for all it's worth along with scalpers...... But the components increasing are due to chip shortages.
 
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The Catboy

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Milenko said:
Must be, OPs conspiracy theories couldn't possibly be wrong??
Click to expand...
Let me just check the market real quick. Shit, it's dead as fuck! /s
Screen Shot 2021-08-01 at 10.30.57.png
 
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Deleted member 668561

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Lilith Valentine said:
Literally dead /s
Click to expand...

That's cool cause when it hits over 100k im gonna be laughing all the way to the federal reserve, there is gonna be another boom, each one larger

find a bank with a savings that gives a comparable interest rate
 
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The Catboy

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aadz93 said:
That's cool cause when it hits over 100k im gonna be laughing all the way to the federal reserve, there is gonna be another boom, each one larger

find a bank with a savings that gives a comparable interest rate
Click to expand...
I know, right? My wife got me into stuff and I’ve been making good profit on it with very little investing. I don’t have much to invest but I am still making something out of it.
 
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AmeliaBailey

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It is obvious that when a coin reaches its highest point, then it will drop. We had a lot of examples, and only people that know nothing about trading will be saying that the coin is dead. Bitcoin will reach its new maximum in winter, and all the altcoins will rise in price too. I’ve been a bitcoin holder for over four years now, and it was really unstable. I really wanted to find the perfect strategy that might boost my income and change the whole picture. I went on the internet, and I was able to find bitscalp.io .It is a bitcoin scalping terminal that had one of the best strategies that helped me increase my income.
 
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I don't think Bitcoin will die anytime soon. But I think the cryptomarker over all will slowdown. Where it isn't 300 different cryptos. Also it might come laws against them eventually since their environmental impact is massive.
 
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tabzer

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People grandstanding the environmental impact is absurd imo. How many institutions, buildings, environmental resources are used to sustain the banking industry (and their subsidies)? Can you quantify the environmental impact? Even if bitcoin isn't as efficient as it could be, it still would save more of the environment than it is hurting by replacing archaic systems.

Bitcoin's energy use is easy to quantify, making it a low hanging fruit. If you want to put in the effort of quantifying the environmental impact of the industries that it threatens to replace, then maybe it'd be an interesting conversation.

Meanwhile, youtube and netflix are hoping you don't notice their massive environmental impact. Massive relative to bitcoin's.
 
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