r0ach
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August 08, 2017, 01:42:01 PM
Last edit: August 08, 2017, 01:52:03 PM by r0ach

Fuck that noise. I'm thinking $5k is achievable sooner than we'd expect.

looks like someone forgot that in the past BTC crashed 90% or so. Now it would mean plunging back to $300.
I would not bet the farm on a single scenario, even thanks to the imminent mining wars with that alt.cash thing.

I think this whole thing is going to collapse like a house of cards once people figure out lightning network does not and never will work in a decentralized manner.  Literally NOTHING has changed in bitcoin in the last 5 years. Decentralization is not solved (it's completely centralized), scaling is not solved, the only thing that's solved is knowing a single entity (probably Bitfinex owners) control the price on their fraudulent exchange.

Bitcoin has better economic properties than gold and fiat, comparisons have been made years ago. You are boring, roach.

100% lie.  LOL "comparisons", you mean comparisons from paid shill pumpers like Antonopolous?  Bitcoin has far worse fundamentals than metals as money, nor is it even fungible so doesn't qualify as money in the first place.  You people have lied to yourself so many times you're starting to believe your own nonsense.  We're talking about imaginary super mario tokens vs real world goods here.  Since the fucking thing is imaginary, the most it can be is just an IOU.  Right now you can ditch your IOUs for something that actually does have value, but that will not always be the case.