Then educate me. That's the thing, that is what I want. And for real this time. Not like before when I asked, and you just disappeared.Wrong! That's the only excuse you want to hear.
Then educate me. That's the thing, that is what I want. And for real this time. Not like before when I asked, and you just disappeared.Wrong! That's the only excuse you want to hear.
Bitcoin value is too unstable. Enough said! You don't want to hear that. So you continue to ignore. And nearly every time someone comes in talking about USD value declining. As if the $500 I put in a bank will not be there tomorrow, next week, next year, or how ever long I decide to leave it there.Not like before when I asked, and you just disappeared.
Everyone with a little sense knows crypto is very unstable, but don't get your hopes too high about the USD and those $500 in the bank, being safe forever. Because of that $28 trillion US national debt, you can be almost 100% sure that at some point sooner or later we will have another global financial crash and they will be gone in an instant.Bitcoin value is too unstable. Enough said! You don't want to hear that. So you continue to ignore. And nearly every time someone comes in talking about USD value declining. As if the $500 I put in a bank will not be there tomorrow, next week, next year, or how ever long I decide to leave it there.
Actually one thing I dislike more than Bitcoin is liars, and as you basically said Bitcoin is far too easy to manipulate. Even more so than the Stock Market. But not everyone has an opinion as well though out as yours. They resort to lies (Ponzi scheme) and well-worn platitudes (Musk owns Bitcoin) and all have zero connection to the truth, but they don't care because they heard from someone on the internet that heard from some guy..... Well, you get my point.Bitcoin value is too unstable. Enough said! You don't want to hear that. So you continue to ignore. And nearly every time someone comes in talking about USD value declining. As if the $500 I put in a bank will not be there tomorrow, next week, next year, or how ever long I decide to leave it there.
And you haven't explained how the value of Bitcoin can increase exponentially. I can! The value is artificially inflated. Why else would the value fluctuate when people cash in. Which brings me to another point. Why would people cash in, if Bitcoin was the currency to be? I can answer that as well. When they cash in, they get a stabilized currency. Because they don't want to loose the money they brought to the Bitcoin Casino.
Keep talking trash about how Bitcoin is the currency to be. As long as its value is unstable. That means people are cashing in and proving you wrong every time they do so.
So no I will not accept currency, that doesn't have a baseline value to keep it stable.
Because most people deal in both ETH (GPU-compute) and BTC (ASIC), they tend t influence each other, (so it could be a problem for folks who were hoping it would correct itself next month.)
BUT, whenever they switch ETH to Stake, it will see a short-term drop in GPU demand (but buy before they sort-out whatever they replace ETH with in GPU-compute profitability.).
Bitcoin value is too unstable. Enough said! You don't want to hear that. So you continue to ignore. And nearly every time someone comes in talking about USD value declining. As if the $500 I put in a bank will not be there tomorrow, next week, next year, or how ever long I decide to leave it there.
And you haven't explained how the value of Bitcoin can increase exponentially. I can! The value is artificially inflated. Why else would the value fluctuate when people cash in. Which brings me to another point. Why would people cash in, if Bitcoin was the currency to be? I can answer that as well. When they cash in, they get a stabilized currency. Because they don't want to loose the money they brought to the Bitcoin Casino.
Keep talking trash about how Bitcoin is the currency to be. As long as its value is unstable. That means people are cashing in and proving you wrong every time they do so.
So no I will not accept currency, that doesn't have a baseline value to keep it stable.
Don't say that out loud. They will bash you and continue to say you are wrong. But numbers and facts don't lie. Agree with you 100% dude.Complete failure to understand the basics. Say you leave your $500 there for 20 years. What did $500 buy 20 years ago? What does it buy now? Doesn’t really have the same value, does it?
This is exactly why BTC’s value goes up. Ignoring the fact it started from $0 and is catching up, BTC is also reflecting inflation, since the value of 1 BTC is fixed (max supply) but the value of the USD decreases year over year and compounds.
So naturally, compared to USD, the value of Bitcoin will always go up, because the dollar is devaluing due to inflation.
I hate crypto because the buzzing fridges that go on about all the time are the dullest set of people since vegans.Example: AE, ERG and RVN will still give a decent amount of pay. Using my setup of 3x RTX 3070 at the moment making about $11-15 daily. Without ETH I would cut my lose by about $2-3 less to mine other coin