Bitcoin Death is approaching

[ChronoTrig]

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.

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.

 

[The Catboy]

Bitcoin dead yet?

 

[M7L7NK7]

Bitcoin dead yet?

Must be, OPs conspiracy theories couldn't possibly be wrong??

 

[The Catboy]

Must be, OPs conspiracy theories couldn't possibly be wrong??

Let me just check the market real quick. Shit, it's dead as fuck! /s

 

[Deleted member 668561]

Let me just check the market real quick. Shit, it's dead as fuck! /s
View attachment 271840

up 20% in a week, thats $200 in profit per grand you invest, $20 per $100 invested

 

[The Catboy]

up 20% in a week, thats $200 in profit per grand you invest, $20 per $100 invested

Literally dead /s

 

[Deleted member 668561]

Literally dead /s

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

 

[The Catboy]

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

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.

 

[Deleted member 668561]

Die Krypto schlägt Elon Musk zum Mars

 

[M7L7NK7]

Bitcoin at $50,000, seems pretty dead op

 

[Blakejansen]

up 20% in a week, thats $200 in profit per grand you invest, $20 per $100 invested

How hard is it to liquidate if you put a few hundred thousand dollars into it?

 

[Deleted member 668561]

Bitcoin at $50,000, seems pretty dead op

Lmao in the past month it's went up 50 percent, the people who say it's dead are the ones aren't making money from it or invested any into it

 

[Reploid]

Good riddance

 

[M7L7NK7]

Good riddance

Way to not read the thread

 

[Deleted member 668561]

How hard is it to liquidate if you put a few hundred thousand dollars into it?

For example: 250,000 x 1.5 (50%) = a net value of 375,000

125,000 worth of passive income

 

[Blakejansen]

For example: 250,000 x 1.5 (50%) = a net value of 375,000

125,000 worth of passive income

Yes but how hard is it to transfer the bitcoin into USD in large amounts.

 

[linuxares]

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.

 

[tabzer]

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.

 

[KimKong]

Naw.. BitCoin will never die..!!

"Death to the gold standard!!"

 

[c410bp]

uh... no? it's the superior coin, just quit using dollars.