It’s just all somewhat deflating.
This coin lost some 96 percent of its value (from it’s highs) at its lowest last year.
Was this just affect of non regulated market, where this dump just reflect much higher volatility in crypto markets? Because it recover also much faster than gold and stock. So the 1week time line looks OK.
You have cherry picked one person who may not even have her job in a couple years. You can hold me to the following comments:
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The US will not ban bitcoin
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There are too many people currently sitting in government, who have left government or have left traditional legacy institutions who support, promote and believe in bitcoin/crypto.
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Local municipalities, local governments and Potentially state governments are fully supporting and embracing crypto not only as coins and stores of value but also as industry that can be employment drivers.
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Don’t mistaken the crowds around the world who willfully locked themselves down for a year, for the type of people who have a more libertarian mind and of the government says you need to sell your bitcoin they will just do so. They will tell them to kick rocks and find a new place to live who appreciates them, and they will be able to because they have the freedom of movement.
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If governments ever want to see any tax dollars from these gains, they can’t chase the people away, they must embrace them. Prohibition of anything only works for a period of time. Eventually it fails. You seem to be a student of history and missed that very important point.
You’re giving zero credence to how much fracture there is between state and federal government. If adoption continues, states and local entities that embrace the movement will need exactly zero help from the federal government. This isn’t 1930. Everything you just said is from the point of view of being a gold bug. You sound like less competent version of Peter Schiff. Now don’t get me wrong bitcoin just like anything else can run in to it’s issues, maybe it’s not the savior for some reason but it won’t be because of central government. It’s extraordinarily diluted and misguided.
Hahaha. I didn’t personally attack you, give me a break. I compared you to hedge fund manager who has lost his way and asked you to provide substance beyond “they didn’t with gold” which is weak and lazy thinking.
They did it with gold.
This is the only sentence that I said that can even possibility be taken in the way you are perceiving. The statement wasn’t even a personal attack, a mere comparison in the way you seem to view the subject at hand and I think is antiquated.
In the mean time you have told me to go F myself and that you want to hit me in the face. So whose in the wrong here?
Quote what you have an issue with. This is not a college critical thinking course where I’m required to use if p then q in order to have a basic discussion.
Truthfully, I don’t even see how that can be read in the way you are reading it. All of your responses to me in the prior post to my numbered points were things that have happened in the past, thus they must or will happen in the future. You were providing a history lesson on the confiscation of gold and I figured if you wanted to go down the history route, no reason to skip over one of the most important contexts of history which is that prohibition doesn’t work. That’s just humor, not a personal attack.
Perhaps with a huge increase in the value of the Bamboo Garden Fund, there will be funds left in Maidsafe’s kitty to list on a few exchanges once the swap for SNT occurs.
Yellen will never get that to pass.
However, I agree with much of the rest of what you said; at least that it COULD happen. I’m not as convinced that it WILL happen as you, however. . I was just talking about the “traditional” Bitcoin cycles we have seen with previous halvings.
It is of my opinion that you need to understand the difference between a personal attack and comparison or a joke. You don’t want to discuss anything with me, that’s fine.
The truth of the matter is, that what you are requiring of me is more direct substance in my discussion tactics (which I did provide in segments) and what you didn’t provide in your rebuttals to the original topic was substance to the point I made. I don’t have any ill will, I think your replies were very narrowly focused on the past, not the reality of today. As I pointed out originally as well, which was the over arching point, is that Yellen will have no chance of getting what she said past.
I hope you realize the absolute hypocrisy of what how you are discussing things. We are both here for a project that promotes openness, freedom and control of your own data, all of which are not regulated and don’t have things like filters and cancel culture tactics attached to it and because I’m not speaking or conversing with you in the way you would like me to, by your set of rules, you can’t take it. I didn’t make fun of you, call you names, threaten you (that was you). Gain a little perspective. Enjoy your evening.
Please stay on topic. If you feel like quarreling, do so in PM.
Good sketch! I don’t get into silly arguments anymore. I’ve gotten old and get easily bored with fallacies I’ve heard many times before. But that sketch made me rethink my position. From now on I will argue about anything with anyone for one MAID per minute or line of text.
No you won’t.
I can’t find a whistling emoji so this will have to do.
Lol. Well played.
Out of interest, how many here would be buying again at 0.20/0.30?