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Is anyone else starting to become a bit worried? mod note in first post
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Stormington wrote: »That's not value. BTC has become more scarce since I started, for a start.
No it hasn't
The number of BTC out there is still growing every day. It's becoming less and less scarce until the maximum pre set number of coins is reached.0 -
No it hasn't
The number of BTC out there is still growing every day. It's becoming less and less scarce until the maximum pre set number of coins is reached.
Saying this for the enjoyment of the discussion and it is unimportant; but given the fact that some bitcoins are being lost forever because people are losing access to their keys/wallet, technically the number of actually usable bitcoins could already be stable or even dropping. Of course it is impossible to make call either way, as while the number of new bitcoins made available each days is public and unquestionable information, there is no way to know how many are being lost.0 -
Lots of lost and near inaccessible BTC accounted for in the interim since I started buying (not 2020).No it hasn't
The number of BTC out there is still growing every day. It's becoming less and less scarce until the maximum pre set number of coins is reached.
There's no way there will ever be close to 21 million BTC available so it is more scarce than advertised.0 -
technically the number of actually usable bitcoins could already be stable or even dropping.
Only if more coins are being lost today and in the future than are being mined. I find that very unlikely
But yes, of course a lot of coins have been lost in the past. I remember a video about this dude in the UK who mined for a bit on his laptop back in 2009, then swapped his hard disk and accidentally threw it away. He's gone as far as considering purchasing the local landfill dump where it likely went and spending millions paying for people sifting through the rubbish trying to find the disk. His coins would be worth something like a hundred million today :eek:0 -
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The plural of bitcoin is ...bitcoin. :pac:
Not sure why but "bitcoins" really bugs me.
You actually sent me to google to look it up as I never thought about this, and there doesn’t seem to be any consensus either way. Wikipedia says the plural is “bitcoins” though.
https://en.wikipedia.org/wiki/Bitcoin
Also says here that uppercase Bitcoin is uncountable (as the concept) and lower case bitcoin is countable (as the unit) and therefore its plural is bitcoins. Makes sense to me.
https://www.oxfordlearnersdictionaries.com/definition/english/bitcoin0 -
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Market cap hitting around $600 billion. Jesus christ, just to be very cynical here, that amount of money in a bunch of tokens that pretty much do nothing but suck electricity and provide solutions for problems that don't exist, sorry couldn't resist
In all seriousness though, if this bull gets big enough I'll be unloading a good bit of this stuff.0 -
Market cap hitting around $600 billion. Jesus christ, just to be very cynical here, that amount of money in a bunch of tokens that pretty much do nothing but suck electricity and provide solutions for problems that don't exist, sorry couldn't resist
In all seriousness though, if this bull gets big enough I'll be unloading a good bit of this stuff.
Fair enough. But why? Why wait..... if you are not a HODLer etc, then what is your price to cash out.... $2trillion.... who knows? I definitely dont know - back to the good advice - only invest what you can afford to lose, if you are quids in then cash out and enjoy the €€s i guess
think I'll wait a bit
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Market cap hitting around $600 billion. Jesus christ, just to be very cynical here, that amount of money in a bunch of tokens that pretty much do nothing but suck electricity and provide solutions for problems that don't exist, sorry couldn't resist
In all seriousness though, if this bull gets big enough I'll be unloading a good bit of this stuff.
Didn't you tell us that bitcoin had stalled 6 months ago? I thought you had offloaded then?
It's like having a JF hybrid on here....it's all woeful stuff but apparently you're holding
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makeorbrake wrote: »Didn't you tell us that bitcoin had stalled 6 months ago? I thought you had offloaded then?
It's like having a JF hybrid on here....it's all woeful stuff but apparently you're holding
Worried? Only for the peeps about to buy crypto
This is just another cycle, the space has matured a lot in the past 36 months
Once the self off comes BTC lows will be higher than the 2018 lows0 -
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Did Johnnyflash fake his own death and use the Pintman alt account to post it because he was too embarrassed by how wrong he was about this run?
Shhhhhhh, it's all headed to zero. Any day now. Should be right about now. Or maybe 3 years from now during the next cataclysmic suicide-dip. Then it'll die, for sure.0 -
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Fair enough. But why? Why wait..... if you are not a HODLer etc, then what is your price to cash out.... $2trillion.... who knows? I definitely dont know - back to the good advice - only invest what you can afford to lose, if you are quids in then cash out and enjoy the €€s i guess
think I'll wait a bit ...
Have been in this since 2013, I'm waiting, but will unload of a lot stuff if there's a sufficient bull this time around.0 -
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