We're hitting critical mass

SomethingNew
SomethingNew

We're hitting critical mass.

Even the fucking nigerian prince is getting in on it.

All urls found in this thread:

news.ycombinator.com/item?id=14414614

Inmate
Inmate

I-I-it can't g-go up anymore!!!!!

m-muh bubble!!!

StonedTime
StonedTime

2030
Ignore e-mail from nigerian prince
mfw it was legit

DeathDog
DeathDog

Some of the hyperinflated African nations could really benefit from switching to BTC.

CodeBuns
CodeBuns

Nigerians are actually a buy signal for me. Look around their online communities. They unironically talk about ponzis as a worthy investment scheme and encourage each other to go for it. They have the greed of the Jew, the shortsightedness of the nigger and the desperation of the starving third-worlder. Explosive recipe for them to make terrible calls and baghold shitcoin after shitcoin.

GoogleCat
GoogleCat

Yeah, but I'm not sure how connected those countries are.
Like, can Mr log seller pay his log cutters with btc?

Nojokur
Nojokur

imagine a future where crypto fizzles and you lose some of your fiat savings. that sucks

imagine a future where crypto flourishes but you panic sold. you could've been a millionaire. that's soul crushing

Harmless_Venom
Harmless_Venom

Can someone please explain to me why more people buying into Bitcoin is going to be a bad thing?

This is not equity, it is a currency. It truly is a situation where a rising tide lifts all boats, unless you plan on cashing out to fiat. It just increases your buying power if you believe in worldwide adoption...

I am not being sarcastic, please someone explain to me why it's a bad thing. Are you worried that once Bitcoin stagnates as an investment vehicle that everyone will jump ship?

iluvmen
iluvmen

Africa is remarkably well connected despite what many westerners think. Except for the poorest backwater shitholes (think of unga bunga types dancing naked for National Geographic) most Africans have cell phones with internet connectivity.

idontknow
idontknow

They have the greed of the Jew, the shortsightedness of the nigger and the desperation of the starving third-worlder

kek fucking poetry

Gigastrength
Gigastrength

It's only speculators that are worried. Smart money is in it for the long haul. Most people have not yet fully grasped how monumental of a shift cryptocurrency will cause within the next 20 years.

SniperGod
SniperGod

Thanks for the clarification. I've been seeing this kind of sentiment for a while and thought I was missing something.

I'm just going long on ETH atm trying to accumulate, waiting for BTC to correct. What do you think about that?

CodeBuns
CodeBuns

I don't know. I don't speculate on that shit. I'm in it for the long haul through all the ups and downs. If you want to enter the market just enter it trying to time it is pointless. The "correction" you're waiting for might come at 10k.

Ignoramus
Ignoramus

That's true. I'm just dollar cost averaging buying every week.

Raving_Cute
Raving_Cute

fucking lost so hard to this. top kek user

Harmless_Venom
Harmless_Venom

muuuuuuuh i-its gonna crash down to $500 tomorrow, j-just watch, sell now
hurr durr omg how blind you are not to see bubble

Sir_Gallonhead
Sir_Gallonhead

They unironically talk about ponzis as a worthy investment scheme and encourage each other to go for it.
How do we know a Nigerian didn't form POSW?

Bidwell
Bidwell

Yes Bitcoin is the future. Just get a bitcoin debit card, I have bought tons of stuff with BTC and I constantly take out money for very low fees. Almost nothing is stuck in wallets and exchanges. It is literally as easy as pressing a button.

t. Increasingly neverious man

likme
likme

I heard poor shitholes use a lot of mobile phone prepaid credits systems nowadays. They are obviously very centralized and I think it's measured in USD mostly. On the one hand they obviously don't give a shit about decentralization, but OTOH this would probably make the barrier of entry to a crypto much lower.
e.g.
news.ycombinator.com/item?id=14414614

Booteefool
Booteefool

People with fomo will buy when they get their next paycheck then whales will sell and the price will drop, the some of the people who bought (47%) will sell again right after out of fear. Best time to buy btc will be june 3rd when the bitcoin price will drop to 2000$

idontknow
idontknow

It's only a currency if it can be traded for goods and services. You can't realistically do that with BTC

SniperWish
SniperWish

I'm actually fucking praying eth and bitcoin have a correction / dip right after consensus because I want to buy in so bad but not at ath

JunkTop
JunkTop

Isn't Humaniq solving that type of problem?

TreeEater
TreeEater

So do I buy now? Or do I wait for the inevitable dip? Will it dip to 1800?

Or is it never going to dip and go straight to fucking 10k. I'm going to start dumping my savings into bitcoin very sop

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