I legitimately don't understand. Bitcoin is basically guaranteed to reach 10k USD in 5 years...

another completely superior coin will appear in the next 5 years

And besides, we have no idea how future governments and financial
institutions will handle the issue. If there ever was an agreement to criminalize
crypto trading, for whatever reason, the value would obviously evaporate.

and you can?

yeah, right. sure.

when the fuck were segways ever going to do that you dumb nigger

Are you 12 or something?

lmao fucking segways. only laugh i had all night.

that is literally going to happen.
i mean i own a shit ton of crypto, but theres no way the government allows un-taxable (most important) and un traceable money to ever exist.

Coiner here. Why is it guaranteed to go up? What's the argument for that? Is bitcoin the only one that will matter? Could anything happen to either Dethrone it or make crypto in general a whole lot less useful?

I mean if those government officials themselves are in on the money they're less likely to push against it. Didn't Nevada pass a law making a transfer from crypto to fiat untaxable in the state?

>What's the argument for that?

Extremely optimistic extrapolation.

good lord i hope so, the qt i want to marry lives in nevada

Yup I remember that hype of Segways. Mainly see them in downtowns being rented now. Rarely ever see a normie riding one w/o rental stickers on it.

Whats with all the shilling?
Are shareblue nigs migrating over from reddit?
>the answer is yes

you are literally the most retarded person on this forum

Nice bait. You can buy a fraction of a Bitcoin

capital? Normies like you don't have enough money flow to invest so you'll stay poor indefinitely.

normies are so stupid they don't even understand that though

Nice, just bought 100k.

Because there's literally nothing guaranteeing that. It has just as much chance of crashing or being utterly destroyed even by any number of possible scenarios. It's volatile, and it's high risk, that's the bottom line. Anyone on here telling you otherwise is either stupid, or evil, or both.

except for the amount of upside, as of right now, is far greater than the upside.

See what I mean? Shill types love to pretend there's no downside.

I ain't saying that I didn't just buy 100k, cause I did, and it's nice.

>there's literally nothing guaranteeing that
That's heresy around here, pal.

just don't kys when bitcoin is 100k and you're stuck farting around with ARK and stratis lol.

kys

scarcity
increasing use cases
the fed

Its probably way less than 5% of the global population. Just having 1000 in savings probably puts you in the top 1%

>you can buy coke and pills while evading taxes and illegally gambling with segways
Stupid double niggers like this, OP

BTC & XMR have a legit combined value of over $1 trillion, minimum

Because BTC STILL hasn't corrected from the recent dramatic increase. It's true value is probably around $1800. CERTAINLY less than $2000

it will never drop below $1k again imo

because as the price goes up less people can afford to buy enough to make the risk worth the reward

when bitcoin was $200 people could afford to buy 10 or 30 coins, now those same people can only afford to buy 1 or 2 coins, and so it doesnt have the same value proposition.

most people think theyve missed the boat, and thats why so many shitcoins have shot up in value because people mistakingly think a bunch of old altcoins have more long term upside to them, whereas its actually even harder to find a profitable altcoin than if you just stuck to bitcoin or ethereum.

Guys, stop panicking. This guy says it won't go below 1000. Everyone can still safely retire in lambo land.

What are the use cases that would make bitcoin a valuable commodity in the long term? The original idea that it would be a way to make cheap micropayments. But ttansactions take too long now and they are too expensive. There's no light in sight.

fuck the lambo meme shit like this is why crypto is a fucking joke

Cryptos a fucking joke because people come into threads and just sprout shit about how low/high crypto will go with shit all to back anything up.

that was never the original idea though, micropayments only work when the value of the currency is low, as it increases the base cost of using the network also increases, pricing out low transactions. micropayments will only work when transactions can be stacked before settling on chain with something like segwit + lightning

no cryptocurrency can support fully decentralized micropayments because the cost of running the network would be orders of magnitude higher than the value being transacted

who is panicking? we are all sitting on profits and know enough about cryptos to be comfortable predicting that the future is even brighter. well, most of us, anyway...

>The original idea that it would be a way to make cheap micropayments.
No it wasn't you retarded fuck

The idea was and is P2P digital cash, which is what it is.

The use cause is true, internet native, money. Which is what it is.

Well, regardless of what was the original intent was (even though I vaguely remember microtransactions being mentioned in Satoshi's whitepaper), microtransactions are not feasible. What is bitcoin even good for then? I can see its value for drug markets, but Zcash and other anonymous cryptocurrencies are better for that. I guess you could use bitcoin for moving large amounts of money without governemts messing, but if you start buying stuff, government can still investigate you for the mismatch between your income and wealth.

And there are a lot of different solutions for payments, e.g. Paypal. What makes bitcoin more attractive than anything else?

it won't go below $1k because smart individuals like myself will snap up a fucking bargain and make a fucking fortune you dense cunt.

You might buy it at 1k, but if there's no future in the coin it will continue to drop because everyone with actual smarts will cut their loss

Yeah the regulation of BTC is uncertain, it can tank real easily if a big country just decides to legislate the shit out of it.

the value is paypal wont shut your account down, and they cant steal your money, its not decentralized for the sake of it. microtxs are feasible they just dont need to be stored by everyone, because thats just wasteful.

the government can investigate all it wants, but theres nothing for them to steal.

The only country that matters is the US, and here it will never be more regulated than cash (can't ban it due to First Amendment)

It's complicated, and most normies have no idea what it is.

what the fuck are you even talking about? There is zero future in your (((smart contracts))) meme Eth. Bitcoin will continue to thrive.

I'm not shilling anything. You're the one with 100% trust in some 1s and 0s in the cloud.

here's what I don't get...why would a basically tax evasion tool remain legal for that long? if bitcoin poses such a threat to fiat currency, what exactly is stopping govt. from banning it?

I ask because we still have very little adoption in the way of "common" goods that can be bought with bitcoin. if it were a "choice" to pay just as cash or debit or credit, another option on the table for payment (yet tax free therfore cheaper), it would seem to muscle out fiat simply by it's decentralized nature, in the same way employees will be payed "under the table" to avoid paying their share of taxes.

any comments on this subject?

gubberment can't ban bitcoin lol. good fucking luck. it's gotten too big now.

Stop fucking fudding you faggot, fuck i hate shilling fucking cunts like you. Don't fucking try and scare people so you can buy lower. Kill yourself.

But no one talked about eth lol. You some sort of maximalist?

Think someone is scared that bitcoin isn't the holy grail they were promised

Please tell me you also didn't buy at $2800...

If butts hit 10k TPTB will want a slice.Or if is is useful, big banks will set up their own chain.

Risks-
Chain split
The non segwit coin will not be censored (will have cp on it and malware)
The segwit coin will be bank/gov controlled, centralized and insecure (miner rewards will diminish)

Bitcoins almost perfect. Well it is in a way, but the cp / malware in the block chain will be the reason used to regulate cryptos in the future.

yes but they could ban it from POS correct? and in that case it would never incur widespread use

It's like the cucked countries that sell all their gold while countries like China and Russia are stacking it on the down low (lying about the rate of acquisition as well). When the fiat system hyperinflates (and it will, it's a mathematical certainty) or the USA can't keep enforcing the petrodollar anymore (pretty certain this will happen at some point), those countries gain immensely and the cucks become pretty much 3rd world countries.
Same for the countries that have banned bitcoin. The rich will store their wealth on the blockchain long before 80% socialist taxes are introduced to keep the sinking fiat ship afloat a little bit longer.

>most people think theyve missed the boat, and thats why so many shitcoins have shot up in value
uttermost bullshit
as if prices are not made by whales influencing their market with their order size but grandma FOMO ....

what are you even talking about? the alt bubble is clearly new dumb money, just look at all the signals outside, like search trends, coinbase signups, huge support backlogs on altcoin exchanges.

no one would be buying alts if they didn't think they were going to explode like bitcoin did.

What sort of effect would a World War have on Bitcoin and cryptos?

I started buying BTC when it was 500-600 and at that time it seemed like a big risk ,i wasnt sure if we would ever hit 1k again ,i saw the potential though and kept buying ,i believe bitcoin has the potential to have a trillion dollar market cap ,we havent seen anything yet

>microtxs are feasible they just dont need to be stored by everyone, because thats just wasteful.

So, how do you stop double spends?

because a single coin is too high to buy in the third world where I live.

1%'er here

Buy 0.01 BTC then

Same effect it would have on most traditional securities, but more extreme. In other words, no one fucking knows you dingbat. World wars are too massive and too nuanced to accurately predict the outcomes of most aspects of life, nevermind some semi-obscure cryptocurrency

Are you FUCKING serious with this post? I was sure I had just seen the biggest shitpost on biz a minute ago but then this faggot shows up.

Right, I should buy 0,1 BTC instead of buying tons of some other cheaper coin like ARK or whatever that will make me gain much more in a shorter period of time.

10K in 5 years? so x4 in 5 years. That means I'll make four times anything I invest into BTC within 5 years. However, there are many cheaper coins that will be x2-x5 only within some months, so yeah I rather buying tons of ARK and selling high buying low and make literally hundreds of dollars this way than investing 2k in btc and wait 5 years for it to be 10k.

shit coins like ark are not guaranteed anything, though.

ty for gif

traded it for this one

This is true.
Even if BTC is one of the "safe" investments. You are more likely to get a better ROI in a shorter amount of time with other coins.

>(can't ban it due to First Amendment)
lol the DMCA disagrees with you

en.wikipedia.org/wiki/Illegal_number

>buy a couple of grand worth of BTC @ $100
>normies and regulations are no longer stabilizing that market
>trade shitcoins for mad gains
I was getting better crypto gains when 3 years ago than I am now, I'm fine with it returning to the wild west.

I always like it when I see cops on Segways in downtown Chicago because I know I could outrun them just by going down a flight of stairs and the fat Segway could wouldn't have nearly enough energy to catch me.

Even that is too much, I come here for coindumps and other shitcoins to convert to btc.

Have around 75 4CHN and 2 doge totally.

if that were the case market cap would be 925 billion, if nobody owned any more or any less than 2500 dollars worth

wtf haha u dumb my man