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Quote of Milford Cubicle

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.

 

Hmmm .. how does that prove your point? They set out with only? Did they use it (whether converted or not - it is irrelevant)? So that means it can be used for everyday life

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I know very well what Ponzi is. It has long since become synonymous with the running of worthless things (at all or at all). It's a more catchy name than 'Tulip Panic'. Bitcoin has no shred of value. point. A bunch of id

I wanted to read the article but the site did not allow me to pay in Bitcoin for the Powell.

We will then conclude that a distributed, non-blockable, open and transparent system that allows (among other things) immediate payments in any amount and without any intermediary is worthless.

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"It is irrelevant" 🤦️️🤦️️

Are you an idiot or do you make yourself? By your logic I can say that it is also possible to exist only from rubber ducks, and that is the currency of the future.

I can embark on a world journey with a sack full of rubber ducks. I'm hungry? What's the problem, we'll look for someone to buy a rubber duck for real money, and that money will be paid at a restaurant.

Rubber duck is the currency of the future !!!!!! parable!!!!!

 

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Quote of ClassMulder

Calcalist - the family that has invested all its savings in Bitcoin and travels the world - 05.12.20
They also have a channel , Is for example the last video from 18 hours ago ...

 

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Quote of Milford Cubicle

"It is irrelevant" 🤦️️🤦️️

Are you an idiot or do you make yourself? By your logic I can say that it is also possible to exist only from rubber ducks, and that is the currency of the future.

I can embark on a world journey with a sack full of rubber ducks. I'm hungry? What's the problem, we'll look for someone to buy a rubber duck for real money, and that money will be paid at a restaurant.

Rubber duck is the currency of the future !!!!!! parable!!!!!

 

Feel free to embark on a journey around the world with a bag of rubber ducks. Since the demand for them is nil, it will not really go to you. However It is indeed a currency passed to the trader with high demand and price accordingly.

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Quote of ClassMulder

Feel free to embark on a journey around the world with a bag of rubber ducks. Since the demand for them is nil, it will not really go to you. However Bitcoin It is indeed a currency passed to the trader with high demand and price accordingly.

You keep using that word, currency, I do not think it means what you think it means.

If There was a coin so he would just pay with it, and not use it on a rubber duck sack standard.

 

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Quote of ClassMulder

 

Know the story. It is sad that the media is giving a stage to this mentally ill person who gambled on all his family property in a speculative investment. In this case he managed. He could just as easily have left his children homeless.

 

I was present at the previous frenzy when everyone around me at work ran to buy Just to see the currency crash from $ 20,000 to $ 3,400 less than a year later. Now there is another even bigger bubble. In my opinion a lot of people are going to lose their underwear in a period of one to two years. 

 

It proves a few things: 

 

A. The world is full of idiots

 

B. There will always be new idiots who do not learn from past mistakes (not such a distant past) 

 

third. In all these years that we have been told that crypto is the currency of the future, I have not been able to work with one serious place (!) Willing to accept this nonsense instead of dollars / shekels. 

 

D. Everyone I know sees Bitcoin as a net investment similar to a stock even if they do not admit it. 

 

   

Edited By lev-27
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Quote of ag43

Bitcoin is history. I moved to the GAMESTOP blockchain.

 

Yes. Another bubble of Yaldods who think they understand something in this life. Whoever enters first will probably make money, but most of the herd will go to sleep in cardboard boxes on the street. 

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Quote of lev-xnumx

 

Yes. Another bubble of Yaldods who think they understand something in this life. Whoever enters first will probably make money, but most of the herd will go to sleep in cardboard boxes on the street. 

If they manage to pressure the hedge funds to close short positions (and some of them have already closed) it is quite possible that the vast majority of the Hildods will be able to exit spreads compared to hedge funds that will lose everything.
Very interesting how it will end. 

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Quote of Milford Cubicle

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.

 

 

Quote of lev-xnumx

 

Know the story. It is sad that the media is giving a stage to this mentally ill person who gambled on all his family property in a speculative investment. In this case he managed. He could just as easily have left his children homeless.

 

I was present at the previous frenzy when everyone around me at work ran to buy Bitcoin Just to see the currency crash from $ 20,000 to $ 3,400 less than a year later. Now there is another even bigger bubble. In my opinion a lot of people are going to lose their underwear in a period of one to two years. 

 

It proves a few things: 

 

A. The world is full of idiots

 

B. There will always be new idiots who do not learn from past mistakes (not such a distant past) 

 

third. In all these years that we have been told that crypto is the currency of the future, I have not been able to work with one serious place (!) Willing to accept this nonsense instead of dollars / shekels. 

 

D. Everyone I know sees Bitcoin as a net investment similar to a stock even if they do not admit it. 

 

   

I agree that the world is full of idiots, but that's about all I agree with in your response.

What's interesting is that anyone who talks about a bubble (What kind of bubble is this that keeps rising again and again? It's already exploded, no? 🤔) Was dying to get into Bitcoin early and now looks with blind eyes at anyone who is celebrating the rise in value, and all he has left is probably to vomit his bitterness out and cry that it's a bubble, Ponzi, and whoever puts his money there does not know what he is doing????

The facts are that even Stanley Morgan, whose CEO has threatened to fire any analyst who catches a buyer / buyer - Already entered a (late) position in crypto. As well as huge companies such as PayPal, which is probably responsible for the recent ascent ... but apparently the complainants think themselves smarter than the "idiots" sitting there ...

Edited By ClassMulder
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Quote of ClassMulder

 

I agree that the world is full of idiots, but that's about all I agree with in your response.

What's interesting is that anyone who talks about a bubble Bitcoin (What kind of bubble is this that keeps rising again and again? It's already exploded, no? 🤔) Was dying to get into Bitcoin early and now looks with blind eyes at anyone who is celebrating the rise in value, and all he has left is probably to vomit his bitterness out and cry that it's a bubble, Ponzi, and whoever puts his money there does not know what he is doing????

 

 

A bubble of all kinds of bored millennials sitting at home investing their corona grants / unemployment benefits in an age of uncertainty and angular valuations. Lots of people who missed the train to cut a coupon in 2017-2018 saw the bubble inflate (not just in crypto) this time around and jumped in for a quick profit cut. 

 

As for me you are partly right. I do regret not going into Bitcoin a few years ago because it would have allowed me to make a quick profit and convert to shekels before tightening the regulation around the issue. In the same breath I'm sorry I did not have eggs to buy a stock of In 2016 when the value was $ 3 and today it is worth $ 80. Now it's profit ...   

 

But here even you admit that crypto is nothing more than an investment just like 99% of the people I know. Of course there are the 1% who are willing to commit suicide on the claim that it is a "currency of the future" that will replace all the other money, but let us both know that this will not happen. 

Edited By lev-27
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Quote of ClassMulder

Was dying to get into Bitcoin early and now looks with wide eyes at anyone celebrating the rise in value,

Go to a casino in Vegas, you will see full of people standing by the roulette and saying "it came out red" but did not enter the game - and after it came out red they "look with blank eyes at everyone who is celebrating".

That there are people who have made a successful bet on a Ponzi scam at the beginning of its path is very nice, it does not make it at least a scam.

It seems to me that you are missing the point of Ponzi / Pyramid scams - indeed those who enter at first benefit from them. That's the point. Just like the ones that went into GME at first and raked in millions (if they were smart enough to go out on time, which probably didn’t happen because they are a bunch of dumb kids in the end).

But all those who entered in the middle / end lost their pants when the price crashed from $ 450 to $ 200 that day, and if they decided to be stubborn and stay stuck in the wall - 3 days later they finished with $ 80 ....

Sound familiar? True, because it's just like the dungeons that went into Bitcoin in 20K and lost their pants when it crashed to 3K, or the dumb that are now entering a dangerous gamble at the new peak, which will crash faster than you probably believe.

 

What's more, I'm also glad that you actually admit that this is a speculative investment (ie a gamble) and not a "currency for personal consumption". That's all I said.

 

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