PEOPLE

SheikAhmed00101

PEOPLE may or may not have common sense - but THEY don’t question why YOU don’t panic sell. The POINT is it’s their money - their BTC. - their CHOICE. YOU do YOU!

Mean_Noise7957

Oh, WHY ARE YOU PEOPLE SO EASY TO FALL FOR HER STORY

Slackweed

I just finished my certificate for basic CSA so can relate and worked in the cryptocurrency sector for years, so definitely advise checking them out. AS MUCH AS I SUPPORT FREEDOM OF MONEY, THEY ARE A NECESSARY EVIL FOR TRULY AWFUL PEOPLE.

diydave86

DONT ANSWER PEOPLE IN DMS. How many times we have to say it.

Miguelperson_

waaa WONT ANYONE THINK OF THE RICH PEOPLE

Haunting-Student-756

BTC doesn’t care what u think. Tick tock next blocks. PEOPLE WHO CHOOSE FIAT AS A STORE OF VALUE WE CALL THEM POOR

Turbulent-Act-1348

Bro you need to See IT this way; IT IS A FUCKING LOT MORE THAN MOST PEOPLE ON EARTH 😎👍🧡🍀

Plain_Perception9638

I mean who would sell at a loss?! 🙄 JUST HODL PEOPLE

Jenn2895

STOP FOLLOWING OTHER PEOPLE. Research & make your own plan.

_icode

It’s not that I don’t trust our money. It’s the fact that it’s LITERALLY losing value everyday just sitting in my bank account. Think back 5 - 10 years ago about how much more you could get with the same amount of dollars. Wait are you German? Just looked at your profile. Didn’t Germany go through a period of hyperinflation and it fucked things up real bad? YOU OF ALL PEOPLE SHOULD UNDERSTAND WIROBO

BootyOptions

\*cuts 1 hotdog into 250 trillion pieces\* HOW CAN THERE BE HUNGRY PEOPLE WITH 250 TRILLION PIECES OF HOT DOG RIGHT HERE

MysteryLiezer

OP is advising against it because investing ALL of your LIFE SAVINGS into ONE ASSET is dumb. Sure, it may work out for you, but it only contributes to MOST PEOPLE seeing Bitcoin as being adopted by a bunch of dumb people, and no one wants to join a bunch of stupid people on their stupid pursuits. If you want to be a dummy, then fine, but being okay with convincing others that they should be dummies as well makes you (and everyone else) quite suspect…

not_wadud92

No. That is not what is happening here. You said flat out OPs buy has nothing todo with the value. I am just pointing out to you how wrong that is. This is basic. BTC is worth around 69k because that is what PEOPLE will pay for it. If OP buys one satoshi at current market value, he has influence at maintaining that price.

aZamaryk

"I DID NOT KNOW STEALING FROM PEOPLE WAS ILLEGAL! EVERYONE ELSE DOES IT. NOT FAIR." -sbf

hemzer

"THE PEOPLE are mostly stupid and don’t accomplish shit any more in regards to meaningful change for the majority." So true mate so true.

lostledger

To use bitcoin we dont need THE PEOPLE. We just need a few like minded individuals.

Luffydude

No. Authoritarian censorship overwhelmingly comes from the left and silences the right: Canada, China, Venezuela, Germany, Ireland. Political arrests in the UK only go one way with people on the right arrested for simply having a coffee near a protest I do not know about the specifics of Spain but it has been crushed by gross incompetence under socialist rule with highest unemployment numbers I've seen, zero border protection, rampant crime, mandating that women have extra days out of work per month, authoritarian policies that make no fucking sense like ARRESTING PEOPLE FOR USING THE AC

DanceNo7811

Not to forget that cold storage is also dangerous when not UNDERSTANDING the triad of Information security, CONFIDENCIALITY, INTEGRITY, AVAILABILITY.... Bitcoin roots are in cyberspace, in digital space, started by brilliant guys already knowing at advanced level concepts of cryptography and how to really protect information.....So, when non technical people is adviced "hey do self custody bro, cold wallet" without putting emphasis on those 3 components...there is a high risk of the user losing the private key (not having redundancy), having his private key destroyed by an accident (using paper, plastic, and some fire got the cold wallet keys destroyed) or simply falling into a social enginnering trap if he does not know the value of the private key... Yes. Always will be safer cold storage and self custody, but make sure you use redundancy (at minimun 3 backups of your wallet keys) and keep them safe, if possible in different location. And most important...DO NOT TALK ABOUT HOW MUCH YOU OWN, TALK ABOUT BITCOIN, BUT NEVER ABOUT HOW MUCH YOU HAVE IT...PEOPLE LIKES TO BRAG ABOUT THEIR BITCOIN AND THIS IS ALSO A RISK FACTOR.

Archtects

Buy more. Buy the FEAR SELL THE GREED. I will scream this tillim blue in the face. READ THE INTELLIGENT INVESTOR. READ ABOUT SUCCESSFUL INVESTORS. LISTEN TO KNOWLEDGE FROM SUCCESSFULLY PEOPLE. Why? Because they buy based on information, NOT speculation. They buy when everyone is say that this is the bear market and we are all doomed, NOT when its going up. If your buying cos its going up, and selling cos its going down. Your doing it wrong.

ztsmart

> Honestly with things like this I am starting to sus out BTC, we see it as mass utility for the normal person, but the fact that some dude holds 1% of the global wealth (when we consider BTC as such) means that he has way more control than needed. Good news! Bitcoin does not give a fuck what you think. MSTR has COMPLETE control --- OF THE BITCOIN THEY OWN. THey do not control they Bitcoin they do not own. This is a SIMPLE concept that even a particularly dumb child could understand but evidently it is lost on you. As such, I ask that you SELL YOUR BITCOIN so it can be controlled by someone more worthy than you. YOU DO NOT GET TO DECIDE WHAT OTHER PEOPLE DO WITH THEIR BITCOIN. You have no vote here. Your opinion that "some dude holds 1% of the global wealth" IS IRRELEVENT and you are powerless to do anything about it. We do not "vote" on what the tarded masses think global wealth distribution should be here in Bitcoinland. The wealth goes to those that are smart enough to see what is going on and productive enough to pull energy into the Bitcoin singularity. You are not welcome here. Begone.

Aerodynamic_Soda_Can

> Blackrock doesn't own the sats, its the PEOPLE THAT ARE BUYING IN. Wrong, it's coinbase. Coinbase holds the coins. The people buying ETFs are just getting an IOU for it. That's all they own.

Visible-Blacksmith97

Blackrock doesn't own the sats, its the PEOPLE THAT ARE BUYING IN. This FUD needs to fucking stop. All they get is the 0.25% fee off of all the AUM, thats it, which eventually is going to go closer and closer to 0% because thats how competition in the ETF space works. Everyone is so fucking brain dead sometimes, god.

jbe061

AND PEOPLE WERE SAYING THE EXACT SAME THINGS THEN THEY ARE SAYING NOW.  And in 2016 thru to 2012. And it will be the same in 2028. Dont forget this

tbkrida

So again. It doesn’t even matter whether something has intrinsic value are not when it comes to PEOPLE using it. So why is this even an argument? It’s nonsense. Bitcoin and it’s properties don’t care about whether you think it’s trash or the best thing ever.

Spiritual_Navigator

Its designed to onboard **A BILLION PEOPLE** - Of course its FDV is huge...

grndslm

Trust against *ALL* PEOPLE... both collectively and individually.

MaximumStudent1839

>The fact that it’s culturally recognized is still valid. It is recognized in the sense that people recognize poop when they see it. To say "culturally recognized" means, it cultural sway and weight. lol. Much of crypto has no culture besides larping. The NFT sector is the worst offender. Everything is done under the guise of making money. >Doge. And that’s pretty hot rn. The fact you compared Doge with NFT larpers tell me you have very superficial understanding of the space. I have watched ETH NFT from 2021 until now. Paid attention to every move and BS! Doge has funny memes and engagement. Elon even replaced that the blue bird with the dog on Twitter. These are cultural tidbits. NFT larpers claim they want to support building the "metaverse", "IP", "crypto gaming" and all sort of BS. Most don't even get half way and call it a day. When the floor price stop moving, all of these KOLers just switch to the next hot pfp, no matter what has been built. Despite ETH NFTs projects have extravagent funding, they have made a much less cultural awareness and attention impact than memecoins. How many NFT blue chips done crazy stunts like putting a hat on the Wall Street bull? Nada. It is all about why floor price this and that. Talking down on others as "too poor" to understand their shit. And then when goes down, they lie about how money will rotate back into them. Yes, the ppl they ridicule would be the ones pumping their floor price. Lol the entitlement and copium... > Did you completely miss the part about cheap L2? Is it cheap? Right now, it costs $1.21 for me to send ETH from Coinbase to Arb. I have heard so much condescending and gaslighting BS from ETH maxis. Like, *"if you aren't willing to pay these "cheap" ETH L2 fees, you must be down so bad and should just leave crypto and give up."* That is the nauseating attitude from ETH maxis that has put a lot of us who used to buy ETH to want to pull a BIG MIDDLE FINGER AT YOU ALL! >You see a btc fee lately? Here is a nodemonkes purchase example on MagicEden: (41 minutes ago) [https://mempool.space/tx/29722af3100dab9ffd71e5603e0864ef370c1501438df1152555b67bf6616963](https://mempool.space/tx/29722af3100dab9ffd71e5603e0864ef370c1501438df1152555b67bf6616963) It costs $17.41 in fees on BTC. Within the same time, here is a MAYC purchase on Blur: (41 minutes ago) [https://etherscan.io/tx/0xfe0bd04aa100ef1868a2c9f09351af94ed95fa03a7c4430f6a6edca0e16a28a7](https://etherscan.io/tx/0xfe0bd04aa100ef1868a2c9f09351af94ed95fa03a7c4430f6a6edca0e16a28a7) It costs $100.64 in fees on ETH. No. Anyone who has used BTC/Ordinals know it is fucking more expensive on ETH than BTC. >High fees mean PEOPLE WANT TO PAY THOSE FEES The most funny part of ETH maxis is a whole lot of you don't understand how your fee market even works. It is not a real time bidding auction, as many want to claim. After EIIP-1559, fee is determined by LAST BLOCK's capacity and completely denominated in ETH. When market rallies, cascading liquidation of shorts often mean positions **NEED** TO PAY THOSE FEES. There is a funny analogy to this ETH maxis BS talk. It is like saying, the US has a housing crisis, because PEOPLE WANT TO PAY HIGH MORTGAGES. It is incredible gaslighting feed by the crypto bigwigs and higher ups to gaslight the entire low IQ group in this space. It completely ignores how it is due to ETH not scaling its blockspace on main net and artificially setting a price curve based on EIIP-1559. I don't believe most Americans would buy housing price is high because they *WANT TO PAY HIGH MORTGAGES.* Yet somehow, this nonsense is getting such a crappy pass in this space.

DiscoverCrypto_org

The fact that it’s culturally recognized is still valid. They might be ridiculous. You know what else is ridiculous? Doge. And that’s pretty hot rn. You’re talking about Gwei at 100. Did you completely miss the part about cheap L2? You’re saying people will go to btc because eth has high gas fees. You see a btc fee lately? High. Can you use smart contracts on btc? It’s not designed for that. High fees mean PEOPLE WANT TO PAY THOSE FEES. if they didn’t want to pay fees, the chain would be a ghost town and L1 fees would be, well, free

ChonsonPapa

You have other options. The sooner WE THE PEOPLE realize that, the sooner this ends. #WAKE THE FUCK UP PEOPLE WE HAVE THE REAL POWER

KingPizzaCrust

‘The only thing I did’… THESE PEOPLE. You are hindering the progression of crypto.

Zealousideal-Weight5

PS: HIM SAYING AI IS NOT IN A BUBBLE MEANS THAT'S AI IS TOTALLY IN A BUBBLE AND CRYPTOCURRENCY IS NOT IN A BUBBLE IT'S ONLY GETTING STARTED. AI IS PLAYED OUT AT THE MOMENT AND PEOPLE ARE UPSET ABOUT THE ENVIRONMENT AND INDUSTRY OF AI AND ARE CONCERNED/RESERVED/BEARISH WITH IT. too much unknown with AI + with Elon suing openAI that makes people question AI even more and make them leary of buying into something that could be regulated to hell and back.

curiouswits5

I keep saying this: DIFFERENT PEOPLE HAVE DIFFERENT NEEDS. Don't let people bully/shame you into doing things that don't suit your needs. You just need to educate yourself and understand the trade offs, that's it.

PopFirm5291

A LOT\* OF PEOPLE want bitcoin.

gustavolm82

true.. i also mined it to see how it worked.. lost 3 or 4 wallets in the way.. bought it and sold it few times.. always know that it was going to grow.. but sometimes it was too expensive for the time.. and left for "later".. then it gone expensive again.. then bought again then took a few profit.. and so on.. i think that is very rare to find or think that someone just kept it there.. and dont took 100x profit or something.. they could buy again if they wanted at the time.. as i did.. but the runs always been volatile and somehow violent.. at earlyer times was not so easy to buy it too. took me a lot of efort and research to buy at the first time and to mining it at the first time.. and i changed tje mining for scientific research later and then received gridcoins for it.. wich failed and gave me 400usd i think at the end.. at the time i had 2 top end amds gpus that was doing a lot of hashs .. BUT not worth it at the time the bitcoin earned were not paying 1/3 of the energy spendt for example.. so you needed to believe tjat it gona multiply 3 times soon to you to get something... yeah i and others dreamed about and calculated it maybe 10 20 years later if all do right will value 100 500 or even a million if adopted and used everywhere... but it was like a dream. you take a dream or you take 100x profit and still you have a chance to buy more or to mine more tomorow.. i think the silk road and this stuff guys business may left many bitcoins left on wallets and many of them have millions or billions.. others the majority of people just gone in and off... and the rich ones realised it was going up in 2014 2015 2016 2017... and invested 50k.. 100k or more and now have 1 or a few millions ... there is a guy that posted his investments in bitcoin since 2015.. he bought all the wrong times.. all the tops prices.. spendt 50k.. and now he have 1 million ALL THESE BULL RUNS PRICES PEOPLE REGRETS AMD TALK AND THINK ABOUT whyyyyyy i not seee whyy i not bought it before... and i tell that the chance was that if you had it before the most chance is that you also sold it before for profit.. or just lost your wallet bcs was low value big password thing to keep and the hard disk at the time were common to fail, and for 20usd you just trow it on garbage.. (there is many historys like that) - my lucky is that i think my wallets had not much inside. bcs i normally did a new one on the blockchain bcs i had it runing online on my pc.. and i usually transfered the funda to the new ones and sold it.. maybe i changed my memorys to believe this way to not suffer.. this topic made me think a lot.. maybe this subject make many think a lot.. bitcoin is a big thing on the history.. and changed the life of many.. anyway.. in someway i feel that i had it in my hands.. and i lost it.. bcs at the time was not an easy thing to know or to find or to buy.. maybe more people feel this way too.. but whats done is done.

SpaceFaceMistake

Yes but it fell to 35k before hitting 59k then it hit 15k eventually it won’t just dip for good the market is PRIME BABY ECONOMICS IS BAD BADY PEOPLE WNAT TO MAKE MOMEY EASY BABY THEY WILL PLOW THIS FIELD AND WITHDRAW AND WE WILL ALL BENEFIT FROM THE GAIN THEN THE SHORTERS WHO WILL BE LIT ON FIRE 

eastvan-604

You ain't smart. You are a fine definition of a delusional person. You got took. First of all whats the point of purchasing SHITCOINS FOR SHITS AND GIGGLES. Clearly you ARE NOT SMART. The fact that you "must have pressed some link" just tell the whole REDDIT COMMUNITY THAT YOU ARENT A SMART PERSON. MOST PEOPLE WHO SAYS THEY ARE SMART ARE ACTUALLY DUMB ASF. YOU GOT TOOK AND HAD TO TELL THE WHOLE INTERNET ABOUT IT. THAT IS NOT A SMART PERSONS MOVE. 😑

BoobTheBTCsnoot

Oh man, these posts are rolling in almost by the minute now... People need to use the search function. Also there are a whole bunch of super intelligent people discussing bitcoin out there. Pick one. Michael Saylor. go watch his stuff, then pick the next... NO ONE SHOULD BUY BITCOIN BEFORE THOROUGH RESEARCH PEOPLE, or you will sell it again at the worst possible moment. Don't ask this sub. Do the research.

Mich2010

The PEOPLE are securing the network what do you not understand about that LOL this coin is meant for the PEOPLE not the miners and energy companies ffs dude

Mich2010

Why are you on every comment talking shit about a crypto that is built with the USER in mind? Nano is literally built for every day people, it cuts out the miners it cuts out the electricity companies and focuses on PEOPLE. What is your grudge against something that can make peoples lives BETTER?

Rattlessnakes

This is f**king robbery. This is someone flat out robbing his own viewers. He lies to people to get their money out of their hands, then he steals it when they turn their backs. It’s the exact same fucking thing as flat out robbery except because they do it remotely with crypto we think serious prison time is somehow beneath them… **The most disgusting part is they are ALREADY FILTHY RICH. ** We dehumanize the drug addict without a dollar to his name, stealing from a store after their withdrawals get unbearable, but we sit here and watch people who have more money than they know what to do with, LITERALLY ROBBING THE VERY PEOPLE THAT ALREADY MADE THEM FILTHY RICH… we go to work, we follow the law and barely can afford health insurance, yet if we even thought about not paying our taxes we’d be in jail. Meanwhile these mother f**king TUMORS masquerading as human beings live like kings I’ve f**king had it I’m done

AssmunchStarpuncher

True true…now on to a higher quality convo. SHOULD I GO ALL IN ON BITCOIN? WHEN WILL PEOPLE REALIZE THAT FIAT IS GOING TO ZERO?

Lurko1antern

>Left wing economics is the antithesis of everything bitcoin stands for. SAY IT LOUDER FOR THE PEOPLE IN THE BACK

Mairl_

idk about your economic situation but i would keep 10k (maybe payoff some debt?) and buy in with the rest of the money 500$ every 15 days. Whatever you decide: RULE N⁰1 DONT LISTN TO PEOPLE WRITING IN YO DM RULE N⁰2 buy an hardware wallet if you plan to hold long term. Why not buy a mining rig with that money, maybe solarpowered? You will have an extra income forever and still investing in btc meanwhile.

CowhideHorder

ONLY US SMART PEOPLE GET IT!!😔😜🤩🤩😤 AM I RIGHT FELLOW CRYPTOBROSKI’S🥵🥵🤬🤬🍆🍆 THESE STUPID FIAT SLAVES WILL NEVER GET SHIT LIKE THIS!!!!🤡🤡🤡🫃🏻🫃🏻🤬🤬 WE ARE HIGH IQ!!!!!!! NO ONE CAN STOP US😫😫😫😦😦😦 I JUST DCA AGAIN AT 45k!!!! 🐴🍆😫 AINT NO ONE GONNA STOP ME😤😤😳😳😳😰😰 MY AVARAGE ONLY 50k NOW????!!?🥶🥶😶‍🌫️😶‍🌫️😶‍🌫️

InfluenceAlone1081

Its crazy how you kids think the words “public ledger” is going to fix the world and all of its problems We all know the politicians are insider trading. We ALL KNOW THEY ARE CONTROLLED BY THE FORTUNE 500 COMPANIES ? Riddle me this Mr. Righteous, what the fuck are YOU doing about it? What have WE THE PEOPLE done to coral it? Absolutely fucking NOTHING, the voter pool is still a bunch of bible thumpers and pink haired yuppies who are too busy arguing to see what’s actually going on….

Yungziku

$MICKEY loves the $GME community. WE ARE THE PEOPLE

YoMamasMama89

I will peaceful protest the shit out of our legislators because the government works FOR THE PEOPLE

Staxu9900

Only 1 gap in your logic… Who do you mean “Then people start selling “, do you mean non whales? Are you kidding me, and what whales would have from buying those peanuts, even if people would start selling? If whales crash the market, they buy back own bags, which they dumped just a moment ago. Only option for PEOPLE to sale is, when someone use bots and bot reads the signals and start selling. Obviously Whales will short BTC before any action like this, the question is, who is paying out their shorts if WE don’t panic sale?

literallyjoegoldberg

That’s what I was thinking of. They are trying to take control of crypto and make it like central banking and PEOPLE ARE EXCITED ABOUT IT??

ZackGalactic

I got the same meta mask scam email last week; or something similar. I reported it but it says you need to update your meta mask version and then it asks for the your 12 seed words. I went to the site and put my phrase as STOP SCAMMING PEOPLE YOU PIECE OF SHIT SCAMMING DIP SHIT F YOU… it then says “congrats you have connected and updated” 😅

ROBINHOODEATADIK2

I feel your anger friend … only just nit just the UK … I’m over here across the pond and the way they incentivize illegals to come here , causing untold suffering for the people who are subjected to the cartels… physical and sexual abuse … many are forced to work as drug dealers , mules, sex workers to lay off their debt to the cartels for smuggling them in . Then when they get here they are prioritized over the citizens of the USA both natural born and the ones who came here legally and did the right thing .. they are housed in literal 5 star hotels ( recently there was a place that actually forced veterans to move out of a facility so the illegals could be placed there !!!) and it’s not the women and children that the news media would have you believe ..!!! A large % are single military age males !!! I do have sympathy for families who want better lives for their kids but there’s a way to do it !! And as for those single men ….. if your country is so horrible FIX IT !! STAY AND WORK AT MAKING IT A BETTER PLACE FOR THE PEOPLE !! Instead they sneak in here like thieves in the night looking for an easy way and handout .. they are COWARDS and I for one don’t want them here !!! Sorry for the rant just wanted to let you know you’re not alone and it’s not just over there that is experiencing these issues ..!!!

Just1_More

>First I have to say that huge energy consumption in combination with fossil fuels is not a great thing, I think we have to admit that first, I don't want to ignore these things. First, I have to say, the "climate crisis" is a scam. An attempt for the elite to control the masses. The psychopaths have just recently stated a new goal, *They now want to impose an individual carbon allowance of 2.3 tons per person. That is basically everyone living in 3rd world poverty and shutting down most of the economy.* (This came from the UN, which also stated they need 150 trillion to combat the climate crisis) But don't worry though, those with money can continue living their high consumption lifestyle, because they can afford carbon credits. WAKE THE FUCK UP PEOPLE.

Wendysmanager24

CPI CAME IN HOT DOLLAR IS TRASH PEOPLE FLEE TO BITCOIN BULLS WIN God candle coming in 40 minutes folks

DonkeyComfortable711

All these posts with AI pictures as the cover just make me trust them less. Can't even post a real picture of real people. It's always SEC this SEC that. Let's maybe get to know the PEOPLE in charge a bit better here. Who is making these decisions? Are they old farts with no idea about technology, or do they have a sense of the times and what this technology can do. No wonder people have so much trouble and distrust getting into the crypto space.

MaxSmart1981

i usually keep an eye on liquidations on coinglass, and it feels kinda ominous that POWR and PEOPLE have been popping up a lot lately. Maybe folks are converting POWR to the PEOPLE

heavy_infantry

Depends... If you have a house/flat, decent car, and a decent job... I wouldn't sell it for fiat. But it's idiotic not to sell at all. Going for a holiday with loved ones, paying off your debts, doing something important with your health, etc. are PRICELESS. GET REAL PEOPLE.

JasonMeyers

Great feedback! The 93% of the supply is owned by people who all have a price. Those ETFs will be paying any price using OTHER PEOPLE’S MONEY. Not theirs. The only way out of this is to fork and deprecate the HP from the “forked from” chain before banks can gain a majority of HP.

JasonMeyers

I would love to believe that but everyone has a price. EVERYONE. People need to understand that those ETFs will be sucking up and controlling the supply with OTHER PEOPLE’S MONEY and the backing of government. THIS IS AN ASSAULT.

FrontalLobeGang

You got it backwards, WE ARE THE NORMAL PEOPLE, it's the others who are living in the FIAT MATRIX that are extremist, and this will become clear in time to everyone on Earth. You don't need more discussion, you need to read all the Bitcoin books, study monetary history, study computer science, cryptography, the Bitcoin white paper, etc. Instead of being a bitch and not putting in the work. See, all true Bitcoiners put in the work so we don't have too much time for those who don't put in the work. ​ “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry” - Satoshi Nakamoto

jhorskey26

I bring up a point, something that is true. I get push back and answer in a way that furthers my stance and you go and change the orignal arguement from people who scam are mostly poor to WhAt AbOuT pYrAmId ScHeMe'S aNd TaX fRaUd.....like come on. I have to list all these reasons and provide all this proof, for what so one asshole can agree with me? nah. I see whats out there and all the scams that get posted here. ALL OF THEM ARE FROM DESPERATE PEOPLE WHO ARE SCAMMING NOT TO GET RICH, BUT TO GET BY. You dont like that answer prove me wrong.

anotherquery

> I know how wallets work > I don't actually have another wallet ??? Literally just generate another address. PLEASE LEARN HOW THIS STUFF WORKS PEOPLE.

austinvvs

I already bought a good bit at under $20. Im going to scream this this time. IF ITS ON THIS SUBREDDIT, ITS TOO LATE. IF PEOPLE ARE DUMPING ON IT, BUY IT. DO NOT LISTEN TO ANYONE HERE, THEY ARE POOR AND STUPID.

Umpire_State_Bldg

I'd say your title makes no sense - sort of like a 'loaded question' fallacy. > Everyone is screaming "BTC will "sell the news" I challenge you to prove you're not just a mentally ill troll and POST SOME ACTUAL LINKS TO WHERE PEOPLE "screamed" such a thing.

HobieDoobieDoo

bro have u seen the crazy coins coming out of dog wif hat/ BONK like bro we should be talking about HOW THESE SHITCOINS ARE MAKING MILLIONS FOR REGULAR PEOPLE LIKE US. but instead were arguing about why its bad people are making money lol dude trust me when i say this get Twitter and follow the Crypto bros there like Ansem/Loomdart/Lawlillette/CL207 people with actual hope for this space. I hate to admit it but reddit crypto is super negative

Rustafarean

People should stop making others feel bad when they got scammed by redditors here That's how people gave up on bitcoin and regret it later All because of these bitcoin egos here Most people are first timers buying bitcoin Unfortunately they learn things the hard way by sending their recovery phrases to other People are used to customer support They'd thing the redditors are actually helping since everybody is hyping about bitcoin everywhere SO DON'T MOCK PEOPLE PLEASE OR GET SMUG ABOUT IT

heal_thyself_

There is a scenario where we see a dip after ETF is opened for trading, particularly grayscale. Grayscale is currently trading at a discount right now. Since its a close-ended fund, the discount would signify that PEOPLE WANT OUT OF IT, not into it. With ETF approval imminent, Its possible people are waiting to get out of GBTC when the ETF conversion happens. This would cause a bitcoin sell off, possibly in the billions of dollars worth. However, I think this scenario is MORE likely if for some reason GBTC ETF is up and running first. Yet at the same time, it seems crazy to me that people would sell AFTER ETF approval. But depending on how things play out, thre is DEFINITELY a chance for a dip due to the reasons I just stated.

breakboyzz

Great, all the newcomers are gonna see this and think they can do the same thing. DO NOT DO THIS PEOPLE. You will lose.

Ashkara2

Pretty sure you mean not trusting PEOPLE. Because if you believe in Bitcoin, you trust maths 😊

ChemicalCurious2656

Keep in mind, a lot of moons don’t realize there money is locked up for a week or longer before they can cash out. A LOT OF PEOPLE who are FOMO buying don’t realize they can’t withdraw for a period of time.

ts_wrathchild

Been a part of this network since early 2012 and I honestly can't believe the things I'm seeing in the mainstream media about Bitcoin these days. sometimes it doesn't seem real. Nearly everything back then was negative, not from an *"oh no, we can't let them have magic internet money, we must stop them"* angle, more from a *"hahahahha lolololll...so cute these fucking nerds think they can make their own money...hahahaha....."*. Was an absolute joke for years. Then it transformed into a threat. It's now transforming into a reality. WELL DONE PEOPLE!

Sithaun_Meefase

They are publicly talking about it bc their bags are full.. if they were publicly talking about it, they wouldn’t still be trying to acquire anything. COME ON PEOPLE.

Inaeipathy

>You need to find the PEOPLE first of all who are mission driven, care about decentralization and are deep thinkers about how this technology is going to change the world. It seems you ruled out anyone creating 99.99% of these stupid useless tokens that will never be adopted by society.

RickandMowgli

Really the best way in my opinion is to find the missionaries not the mercenaries. How do you do that? Well don't even necessarily start by looking through projects and tokens. You need to find the PEOPLE first of all who are mission driven, care about decentralization and are deep thinkers about how this technology is going to change the world. A lot of people here are jaded and just want to follow pumps or whatever but there genuinely is real innovation out there. You start by going down those rabbit holes to find what people are building cool things and the investing will figure itself out from there.

Rice-Fragrant

It’s sad that the school counselors won’t actually tell these young people their options. Skilled tradespeople make a good living and EVEN MORE IF THEY BECOME SELF EMPLOYED AND OWN A SMALL BUSINESS. The problem with most college degrees is that it mostly sets people up for BECOMING AN EMPLOYEE RATHER THAN AN EMPLOYER. A majority of college degrees pay the same as a skilled laborer/tradesperson. About $60,000… but they have student loan debt burdens that the trades don’t have. It’s embarrassing that a veterinarian, pharmacist etc with $200,000 student loan debt makes THE SAME AS A WALMART TRUCKER… the university education system is set up to turn people into indebted wagies. Our technology should be making education CHEAPER NOT MORE EXPENSIVE! I greatly value education too but this system has nothing to do with true education and everything to do with creating a system of false limitations based on having a PIECE OF PAPER when the knowledge is practically free in a library or internet streaming open courseware like MIT, YALE, Harvard X etc. I play opencorseware FOR MY OWN PERSONAL GRATIFICATION and you can literally do an entire degree level course for free… but you can’t get the degree because you didn’t jump though the hopes and pay the fees. If our society actually values education and not wanting debt slaves, they would have opened up MUCH MUCH MORE OPTIONS FOR YOUNG PEOPLE. My cousin and his wife and baby had to sleep in his parents basement due to their student loans debts. He has a degree in engineering but I guess he couldn’t find a job and his wife has some “liberal arts” type background… they lives in the basement during the holidays while he lectured me about how great the federal reserve is.

Zestyclose_Wall5848

that’s basically what I just said. You just converted it to your language. It’s all good at least we are on the same page. End game is they want us to be slaves without thinking we are slaves. WE THE PEOPLE need to stand the F up and put our foots down. This is why they are so damn f-ed up when it comes down to J6, innocent people locked up for showing up and yet you have donkey asses out on the streets looting, burning shit down and getting away with literal murder.

OnlyPoorsPayTaxes

THIS IS WHAT IVE HEARD PEOPLE DO, I’VE NEVER DONE IT MYSELF. The IRS is understaffed and clueless when it comes to crypto especially when it’s off exchanges. Funnel as much as you can through legit websites to buy master card gift cards, you’ll pay about 6% fee, you can also buy precious metals and resell them for cash at local coin stores but make sure the store is giving you a fair rate. Unfortunately the bulk you’ll have to funnel back through the exchange you originally bought from and bay 20% long term capital gains. But if you’ve made considerable money, only do enough through exchanges to buy a house or car. I AM NOT ADVOCATING YOU DO THIS. I WOULD NEVER DO THIS. THAT WOULD BE TAX EVASION AND IS ILLEGAL.

CrytoCreisi

Wow, a textbook of DexTard manipulation: PEOPLE, INCREASING NATIVE STAKING OF ATOM CAUSES LOWER INFLATION, WHEN YOU DECREASE THE NUMBER OF NATIVE STAKING, YOU RAISE INFLATION. This is how Atom is designed and it is clear the majority of Retail Unvestors did not know this reverse effect is how Cosmos is designed. I believe retail were lied to and deceived on Prop 848 by correlating Inflation to rise and fall in correlation to APY. It doesn’t, it goes in opposing directions. Ask the god damn founder if you don’t believe me. The network’s inflation reduced as the number of stakers rose to reach a maximum 66%. When at 66% the inflation would only be 7%. So in actual fact, we increase inflation by decreasing APY causing less Native Staking. Inflation did not rise with the amount staked, it lowered with a higher percentage staked. At 66% staked our inflation rate was only 7%. When we drop below that, inflation rises. With the current 6% that have unbounded and effective in 21 days, inflation will rise to 10%. The net result of Prop 848 is actually a rise of 3% in inflation and a 6% lowering of APY., which will not help Cosmos but be catastrophic for its long term viability. This is a fact of how the network was designed. Read the god damn white paper if you do mot believe me. DexTards got their way by manipulating folks into thinking lower APY would lower inflation when in fact, lower APY lowered staking rewards, which decreased Native Staking and creates much higher inflation. The effects of this come into play 21 to 24 days afterwards because Native Stakers are currently being held hostage by the unbonding time frame of 21 days for Native Staking Atom… if you did not know this, it’s because you believed the lying DexTards behind this catastrophic vote. Make no mistake, Cosmos design was made to protect Native Staking by decreasing Inflation as native staking increased. With that incentive removed, you not only removed the native staking reward motivation, you also increase inflation so the investor of Atom gets fucked on both sides. Inflation and APY work opposite each other, not parallel to each other…. You raise inflation when you lower APY and decrease Native Staking Percentage… it is the foundation of how Atom was designed. I believe a massive manipulation of Atom’s actual design has occurred to the benefit of manipulative DexTards and not those who understand and actually cared about the network.

0utstandingcitizen

He didn't fraud customers. He overlooked some US anti-money laundering laws. He didn't make the PEOPLE mad, he made the SEC mad. That's pretty much it

Halithor

PEOPLE DO NOT WANT YOUR UNSOLICITED FINANCIAL ADVICE. It’s weird as fuck, annoying to other people and you couldn’t do anything else to perpetuate the stereotypes by doing so. People have been able to invest for years without it becoming their personality, you should give it a go.

LifeReboot___

It's funny that [I brought up this question few days ago](https://np.reddit.com/r/CryptoCurrency/comments/17xo83n/why_do_people_rushing_into_sol_should_i_increase/) when I'm genuinely asking for people with deep knowledge in Solana if there's any plan on their roadmap to solving this, but it seems to be 95% of the replies are just isn't helpful, most people either think I hate Solana, or think I'm an idiot who YOLO 100% of my portfolio in Solana (while in realitily I have less than 1% in it) The most dumb comment are from those hardcore blinded Solana fans that simply tell me the inflation are designed to be reduce by 15% a year, but without having an understanding in economics, **PEOPLE, YOU CAN'T JUST LOWER INFLATION BY LOWERING IT!** If it was that easier Feds could've just declared a lower inflation rate without needing to collect more interest by raising the rates. Same goes to Solana, reduce inflation by reduce staking rewards? Okay, so how does the lowered incentives going to keep people staking into ensuring the network security? What's the plan there?

eudezet

I don’t understand people’s obsession with this ghoul. Just because she spits some pro-crypto narratives, doesn’t mean she isn’t an evil hag. She’s a hedge fund shill who voted against market transparency and stricter regulation at every opportunity. Every single vote on anything that would reduce institutional obfuscation was met with a „no”, with reasoning coming down to „it isn’t needed”. Crown jewel of those was „more regulation isn’t needed because regulators should work with the tools they have”. Spoken by a fucking regulator. SHE ISN’T ON YOUR SIDE, PEOPLE. SHE’S USING CRYPTO TO SHIT ON GENSLER SO THAT SHE CAN ULTIMATELY REPLACE HIM AND PUSH SHIT THAT’S BENEFICIAL TO INSTITUTIONS.

Giga79

Mining is a permissionless enterprise, it may not be Craig Wright but the CCP or USA or IMF using their own capable miners and/or legislation to launch a vampire attack instead. Point being it should never get to the point where that's even a slight possibility, regardless of how, who, or when - yet we are flying straight towards it. Back when Bitcoin was being mined altruistically it was very weak and insecure, not valuable, or good for anything, or a threat to anyone. The promise initially was you'll get 10,000s of coins at $0 cost that in >20 years will be ultra scarce, nothing like what miners in <20 years will face at all as Bitcoin becomes more of a threat to the status quo ie more likely to be attacked. It doesn't make sense for miners to mine at a loss today. They could be buying more BTC for the same cost from a more efficient miner instead. More BTC equals more profit, which would allow them to scale into an efficient mining operation thus obtain even more BTC over time. Mining at a loss implies they're not bullish on BTC whatsoever, or have more money than sense. I doubt very many are mining at a loss today, that just isn't how Bitcoin's POW was designed or implemented. However many hobbyists there are is still far from the majority. Miners are not some holy saviours. They really don't care. They are and always have been profit-maxis, which is why POW works so well with high liquidity and constant inflation. The top 2 pools control over 51% of Bitcoin's hashrate right now, meaning at least 51% of the hashrate doesn't care they are effectively attacking Bitcoin and its core thesis (to be decentralized and trustless). Now why would all the hashrate gather in those 2 pools? Literally a less than 1% APR difference, because Ordinals are coming to the majority pools for faster inclusion. So yes even $1 is enough to sway the majority, they're profit maxis, that's only rational. Decentralization requires constant work, and centralization is a natural process. It really seems like people are done putting in the work already, let alone what comes 20 years from now. Are you mining altruistically today? Why, or why not? Bitcoin's whitepaper holds a lot of promise. Today Bitcoin looks nothing like its whitepaper. People gave up promptly after Satoshi's disappearance, including throwing his detailed instructions on how to scale (to generate fees for miners) in the garbage. I'm not sure there's any 'network lock' considering nobody uses Bitcoin as a network today, even in El Salvador or where ever there's real-world infrastructure. If there's any other 'get rich pet rock' alternative in the future, especially a network, the majority will move on very fast I think, especially if this old rock becomes weak and insecure by that time. I loved BTC back in the day too. My first crypto buy was 1 BTC for $300 nearly 10 years ago. I was instantly orange pilled, and the most obnoxious maxi on BTCtalk. I've seen a lot of what I'd call abject failures happen since then - people giving up - that have made me change my mind on Bitcoin. Like switching BTC from a P2P currency to a CEX store of value only a few years ago. Or how there is still only 1 Bitcoin client for miners, so if there's a software bug then 'Bitcoin' itself has a bug, there's still zero redundancy after 15 years. While other L1s have 3-5 or 17 different clients (in Ethereum's case), client redundancy is the industry standard for obvious reasons. Blockstream fought for and released non-factual propaganda for 1MB blocks, counter to Satoshi's own plans for Bitcoin. 1MB blocks force congestion, which imo was itself manipulated because BTC's blockspace fees were $150+ during the Blocksize wars and haven't been that high a minute since. Then with high fees Blockstream deployed Lightning Network off-chain, which enabled them to siphon miner fees to themself, while being the singular reason people have to use their network instead of Bitcoin. Oh and Blockstream are the same 5 people (really, just 5) in full control Bitcoin Core's 1 client repository, and won't allow outsiders in ever since that 'war' was fought. This is not the orange pill I bought into 10 years ago, price be damned. I moved on after determining *nobody* has a plan for after the next 3-6-10 halvings, there's just the speculation workers will work for free indefinitely while doubling their costs each halving. If the price of gasoline doubled each 4 days it wouldn't take me long before I quit driving entirely, after 12 days from gas would go from $4 to $32 a gallon and after 40 days it would have gone from $4 to $4096 a gallon. Especially if I can pay someone $0.50 to give me a lift, which is what market buying BTC looks like to an inefficient miner. As more time goes by, I'm filled with sadness that I made the right call. When I completely exited BTC the top 8 or 10 pools had 51% hashrate and PEOPLE WERE FURIOUS. Today it's like, nobody cares 2 entities can disrupt Bitcoin, and only because of the weird trust assumptions they've made up. I can't be certain what happens 10-20-60 years from now but I don't see anyway things get better, to head toward a sustainable decentralization and far (FAR) away from trust assumptions. What are these 2 pools or 5 devs capable of, and how corruptable are they? Why do I even have to ask? Miners are cheap, we know already looking at their super majority. While the dev's have shady and ulterior motives in not allowing BTC to scale any way that Satoshi wanted. While in the future it is almost a mathematical certainty Bitcoin will become even more centralized than this. Especially if the plan is to have everyone who won't even pay $5 for their blockspace pitch in $50 of their energy+time+work each month as if POW were a subscription service. Bitcoin is just way too much speculation for my liking. Blockchains are supposed to sell blockspace, and Bitcoin really doesn't do that. I hold tokens with sustained revenues that don't come from dumping fresh mint onto the market, to me those have better prospects. While the market can be irrational for as long as it wants halvings keep happening in spite of.

Cool-Topic8096

I'm proud to say I'm in crypto, not ashamed in the least. I don't advertise it, but to me this is a Bill Gates like moment in our monetary history. Everyone will find out in a few years...lol...also crypto is NOT synonymous with fraud, theft, and deceit. PEOPLE are synonymous with fraud, theft, and deceit. Been happening throughout existence. Bitcoin https://www.merriam-webster.com/dictionary/cryptocurrency cryptocurrencies : any form of currency that only exists digitally, that usually has no central issuing or regulating authority but instead uses a decentralized system to record transactions and manage the issuance of new units, and that relies on cryptography to prevent counterfeiting and fraudulent transactions

Umpire_State_Bldg

>WE THE PEOPLE of the United States, in Order to >form a more perfect Union, establish Justice, >insure domestic Tranquility, provide for the >common defence, promote the general Welfare, >and secure the Blessings of Liberty to our- >selves and our Posterity, do ordain and estab- >lish this Constitution for the United States of >America. The idea was to have a dozen or so small countries united in certain, enumerated ways because that would be better overall for just about everybody. For example, a common currency facilitates interstate commerce. For example, a common defense prevents an adversary from picking off little states one at a time. And so on...

Brobafett117

I FUCKING HATE THE BITCOIN PEOPLE. Your all so delusional . 0% chance

Freeloader_

honestly your question is stupid you can ask the same about stocks, do you really believe this particular stock will go up in price and you will become rich? MORE PEOPLE NEED TO BUY IT IN ORDER TO DO THAT DUH !! like with everything in market. you have to remember majority of people are paperhanded, lot of them will sell at loss and then jump on another hype train, you are also forgetting that new people are literally born so new people will jump onto the next train, they were too young or havent had the chance to invest before and now they will, there will always be more people and with ETFs becoming a thing, it will be even more easy for average Joe to invest in crypto

rootpl

>The only coping should be standing in front of the mirror and laughing at the person who thought they were gonna get rich posting on reddit. I don't know about you bro but I've banked $15k this year and $20k in total from Moons. To me that money is real. The problem is that people don't take profits and for some reason prefer to ride it to the bottom. Diamon hands and all that stupid shit. TAKE PROFITS PEOPLE, ALWAYS TAKE FUCKING PROFITS.

rootpl

Yup, dumped all of them at $0.06 cents, I'm so fucking glad I've sold around 30,000 Moons at $0.45 cents each a couple of months back and got some nice profits. REMEMBER, PEOPLE ALWAYS TAKE PROFITS REGULARLY, THIS IS THE REASON WHY. What a clusterfuck.

Zestyclose-Fee7868

My news for bitcoin was “were you mad when first buying bitcoin? You mad bro?“ SOME PEOPLE GET EMOTIONAL over loosing even 1 dollar! Crypto makes people’s lives emotional all this over 4 peoples forgetting ideas!

n3rdsm4sh3r

Look like crabs, talk like people CRAB PEOPLE

Lepepesilvia

Apparently Hamas received a lot of crypto prior to the attacks. Ofcourse the media and regulators will use this against crypto.... I'm so sick of that shit, people shooting other people is a PEOPLE problem. Crypto is not the issue here.

Ninjanoel

Being "on the left" for me means I put people above profits, I think companies should not even be second class citizens, nevermind mind "considered as real people" legally. I'm all for government programs that support social issues, and I understand that high taxes is good for everyone (as history CLEARLY demonstrates), so I see bitcoin as a release valve. Money printing essentially "steals" value from all the currency holders, and I think when it's used to pay $1200 checks to REAL PEOPLE that's ok, but when it's a needed because the rich aren't paying taxes and big banks need money printed, I think the bank should have to fail, but all the ACTUAL HUMANS should be compensated, would mean trillions less in money printing while everyone is silly rich instead. (Like if they lost a pension, let the funds fail, people loose their jobs, but granny still gets paid via money printing, simples) It's obvious the current system is designed by rich people for rich people. but money printing is now a fact of modern life, so I'm grateful I have crypto as an alternative.

Rice-Fragrant

I always thought it sounded lame as hell… the only thing I ever thought to myself about a nocoiner or fiat maximalist was: “you get what you get.” Its a personal choice at this point, if someone wants debt backed coupons (fiat currency), they simply get what they get… more debasement, siphoned off savings, a decreased quality of life. It’s their choice like if someone chooses to do drugs and the quality of their life goes down hill… Personally, I NEVER TELL PEOPLE TO BUY BITCOIN, I always tell them about how the fiat system is parasitic and I help tell them about the basic principles of HARD MONEY… the most I ever say is “LEARN ABOUT HARD MONEY,” and bitcoin is one form of hard money… what they do after that is totally on their own making.

pigeonwiggle

inflation will devalue his debt - correct. IF IF his interest rate is low. -- if it's below 3% he's fine. ...but for how long? when does his term renew? if he's renegotiating his mortgage in 3 years, he better fuckin pray it isn't still high. it would be better to reduce the weight of that asset before his 3% turns into 11%. we don't know what the rates will be in a few years. we ASSUME rates won't continue to trend upwards. we ASSUME bitcoin will perform the next decade as it has the past one. but fuck, dude. it's NOT a smart move to gamble like this. rule fucking one of bitcoin - don't spend more than you can afford to lose. A LOT OF PEOPLE ARE SO FUCKING HIGH ON THEIR OWN SUPPLY AND ON THE DREAMS OF "money for nothing and the chicks for free" THAT THEY ARE LEVERAGING REAL FUCKING ASSETS -- and THAT is why the fucking government is trying to reduce THE VERY REAL PROBLEM that crypto is creating. because if this fucking shit bottoms out -- AND. IT. CAN. -- you do NOT want to be left holding your dick, having lost your fucking life savings. jesus christ, this subreddit is so full of copium. i like the gamble and the play as much as the next guy - but i'm not putting my fucking house money on it. -- spend reasonably. if you make 400 bucks off bitcoin, congrats. ...but these people thinking they're going to pay off their mortgages? omg. please be okay.

Abdeliq

Because you know...... PEOPLE

analogOnly

I hate when people bring up the 12/24 word seed phrase. Almost all of these things existed before BIP39 was introduced in 2013. A LOT OF PEOPLE SEEM TO FORGET THIS.

FehdmanKhassad

backed by gold which had a subjective value, because people thought it did. we could go round in circles forever. It's not my view "it's a good exercise to see how PEOPLE view".

BrotherAmazing

That’s not at all how Blackrock works. Blackrock will offer the “Dogshit Memstock Going to $0 ETF” to its clients who can *choose* to invest *their money* into the ETF and Blackrock will let them do that so long as they make $ off it from the expense ratio. Assets Under Management (AUM) are *OTHER PEOPLE’S* assets, not blackrock’s. They have trillions in AUM but the entire company is values at under $100b because those assets are not theirs.

Agree-Refuse-69

And THIS is how you DESTROY CENTRAL BANK SCAMMERS' holds on your country &#x200B; bravo The government controlled by IMF and CenBanks can LARP all it wants but PEOPLE set the REAL MARKET RATE

Dharma_code

Let's us not forget that all those military men have families in these states, for the military to just go and open fire on it's on civilians means that a lot of them will start turning on their own superiors. idk how people fail to see that WE THE PEOPLE are far stronger then THEM. That's why their goal is to keep us as separated as we are now with fear and hate for one another.