There will only be 21 million bitcoins and that is baked into the system minus who knows how many have been lost thrown away etc... And.... every millionaire couldn't own one if they wanted to.
Some of the haters on here never took the time to investigate why it is such a game changer in...
These things are all evidence of advancing adoption. Which is good. The dinosaur financial system will go kicking and screaming but they will go. https://www.zerohedge.com/news/2018-06-18/bis-blasts-cryptos-special-report-beyond-hype
The charts are about to break from the downtrend and the powers that be cook up another scare story to feed the people so they empty their positions. Therefore i think this story is very convenient to keep control over the cryptos for a few weeks longer.
Lets see.... JPM Chase / Wells Fargo (how low can Far GO?) commit massive multi-billion dollar fraud and get fined. Never go to jail. Ever. Seems legit.
No one missed the train.... The worlds ponzi (financial) system is 50 Trillion + Market cap right now for cryptos is 1/2 T . Folks I know everyone here can do math. Goldman is coming in at the price bottom for the year.
Good night that was the best comic book movie. Ever!!!! I collected comics in the 70s and 80s and these Marvel directors had to also! Need to see this at least 3 more times!!!
If you allow the market to game you it will. It is a study in psychology: https://steemit.com/cryptocurrency/@hilarski/psychology-of-a-market-cycle-for-crypto-currency-and-trading-newbies
Cryptos are the future of money, decentralized / capped number of coins available. If you haven't seen volatility before ( like the DJIA / Nasdaq/ etc) its because they aren't REAL markets. They are high frequency trading algorithims controlled daily. So buy the dip while its on sale...
Blame the hackers... blame Bitcoin... blame global warning. Smoke and mirrors because the fallout of the corruption of this debt ponzi system won't end well and no one in charge wants the blame when it happens.
It is encrypted and decentralized. Only 21 million will ever be mined. it is written in the open source code and baked into the block chain. If we go back to the stone age we have bigger problems than not having bitcoin. I don't think your ATM wil work either ... or gas stations....
We live in a broken / imperfect world. Every system is bound to have a shortcoming and /or weakness to it. That being said; the state has abused its authority to issue and force its financial will upon its people, ICOs are a dime a dozen and many are scamcoins, but the idea of bitcoin or...
The SEC is the same band of blind regulators that let the banks commit crimes that are never prosecuted. A great video to watch if you want your eyes opened: The veneer of justice in a kingdom of crime
Thats a load of crap. The fact is only in your mind dude what proof do you have of that? Stop trolling. The future isn't depending on a 3rd party ( corrupt banking system) for your needs.
I think there is always a continuing battle with the dinosaurs of finance (money printers / central banks) and cryptocurrency to paint bitcoin as a currency of criminals. Lord knows how many USDollars have been used to fuel terrorism / drug trade around the world. But keep putting in the news...
The market cap of gold is about 7 trillion .... Bitcoin is only over 20 billion. But there are alot of reasons to be bullish... capital controls and financial meltdowns around the globe abound.... you can't carry alot of gold through an airport... i can carry bitcoin (on usb) or send any...
Just remember what goes up... inevitably will fall... and fall much faster... but at least NVDA puts out a decent product for their stock price. What does Priceline (PCLN) do that merits 1500 / share???
Can you say #pumpanddump