Bitcoin - the main and official discussion

[ClassMulder 23]

Quote of QttP

How do you know when something is a "bubble"? You need to compare the price at which the product is traded in relation to the true value of the assets it represents. Not that I say it's easy to do, but in theory it's what needs to be done.

 

In this respect, the "true" value of Bitcoin today is the value of the black economy in the underworld, because as has already been said, no one else uses this currency except for speculative investment purposes.

 

I do not know how to calculate the total value of the black economy, but I doubt it has risen 5 times more realistically in the last year, nor have I seen any significant change in the use of bitcoin for legitimate purposes during this period.

Just to update you, Bitcoin Has not been used by criminals for a long time. Merchants in the dark chain have long since moved to Monroe which is much more anonymous and safe for them. So your theory collapses a bit. Bitcoin Purchased in bulk by PayPal for example - because it already offers buying and selling crypto for American citizens.

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[Milford Cubicle 300]

There is no one in the world who buys and sells products and pays in Bitcoin.

 

[by db creid 99]

Quote of Milford Cubicle

There is no one in the world who buys and sells products and pays in Bitcoin.

                   ^^^

                  Sane

[ClassMulder 23]

Quote of Milford Cubicle

There is no one in the world who buys and sells products and pays in Bitcoin.

 

There is and there is. Here is an example of a small site you may be familiar with in Israel: https://plonter.com/bitcoin.tmpl?lang=heb

[Milford Cubicle 300]

That they allow it for the gimmick is nice.

There is no one in the world who buys and sells products and pays in Bitcoin.

 

Anyone who understands that this is a Ponzi scheme and he does not deal with it - does not deal with it.

Anyone who understands that this is a Ponzi scheme but is riding the wave and holding on Bitcoin As a speculative investment - will not use it for personal consumption.

Anyone who is stupid and thinks this is the future and believes that it will reach $ 500 in another year - will not spend it today for personal consumption unless he is a complete fool with a split personality.

 

Bottom line there is no one in the world who is in a situation where it is legitimate for him to use Bitcoin for personal consumption.

 

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[ClassMulder 23]

Quote of Milford Cubicle

That they allow it for the gimmick is nice.

There is no one in the world who buys and sells products and pays in Bitcoin.

 

Anyone who understands that this is a Ponzi scheme and he does not deal with it - does not deal with it.

Anyone who understands that this is a Ponzi scheme but is riding the wave and holding on Bitcoin As a speculative investment - will not use it for personal consumption.

Anyone who is stupid and thinks this is the future and believes that it will reach $ 500 in another year - will not spend it today for personal consumption unless he is a complete fool with a split personality.

 

Bottom line there is no one in the world who is in a situation where it is legitimate for him to use Bitcoin for personal consumption.

 

Believe it or not - it is irrelevant. The fact is that it can be purchased in Bitcoin and also in Israel. And definitely buyers. By the way, Tangle will know that there is a significant increase in the purchase of Bitcoin on the site. Beyond that, there are sites like BITREFILL that allow you to convert Bitcoin For gift certificates and basically purchase at any major site and also convert to PayPal. PayPal already allows the purchase in crypto, but so far only for residents of the United States. So no matter how much you try to undo and belittle - the world has long passed you by.

[ag43 280]

I ask again - why do you treat the common people after the millions you have made?

[ClassMulder 23]

Quote of ag43

I ask again - why do you treat the common people after the millions you have made?

 What millions?

[ag43 280]

You're blabbering on like Bitcoin's while its shattered value was $ 100, meanwhile its shattered value has gone up 400 times. Won't you get rich?

 

Reminds me of the Southpark episode on "theoretical dollars"

[ClassMulder 23]

Quote of ag43

You're blabbering on like Bitcoin's while its shattered value was $ 100, meanwhile its shattered value has gone up 400 times. Won't you get rich?

 

Reminds me of the Southpark episode on "theoretical dollars"

Chattering? Everything I said is true and backed up with facts. As for how much I have or do not have - it does not matter to anyone.

[RoronoaZoro 193]

 

[Milford Cubicle 300]

Look what it is ... even someone "one of the founders of the Israeli Bitcoin Association" does not "use Bitcoin" but tries to get rid of it for real money - so much so that he came to an article on TV to lament that the banks are not willing to allow him to convert his pyramid into real money. ..

 

There is no one in the world who buys and sells products and pays in Bitcoin.

The first to enter use this net as a classic pyramid scam.

Those who go in the middle of the road use it as a speculative investment.

No one uses Bitcoin on a daily basis as a currency for private consumption. point.

 

[RoronoaZoro 193]

Calcalist - Did you benefit from investing in Bitcoin? Income tax is waiting for you - 09.01.21
Calcalist - lost $ 280 million worth of Bitcoin - and does not receive permission to search the landfill - 17.01.21

[ClassMulder 23]

A family that lived four years, while traveling in forty countries, only with Bitcoin...:

https://www.cnbc.com/2020/12/05/bitcoin-price-buying-bitcoin-how-this-family-buys-sells-everything-in-cryptocurrency.html

[Milford Cubicle 300]

This ridiculous joke has already been posted here (even in Hebrew), this family has spent most of its time looking for ways to convert its bitcoin into real money to live ... which just proves my point.