I searched rollercoaster and got this.pic.twitter.com/UshM1nPYu4
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For those folks out there who are value investors like me, the reason to completely avoid Bitcoin is obvious: there's no way to estimate its intrinsic value (if any.)
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A pragmatic and understandable approach. I felt that way during the http://dot.com bubble and sat it out, for the most part. As a young Network Admin, I had my hands full at work.
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For the crypto bubble/adoption curve however, I'm a seasoned pro. BTC is scarce. Altcoins rocket up after intermediate bubbles pop. You may watch from the sidelines. We're having a ball!
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I wish you well. I understand that the supply of a given cryptocurrency is limited by design, but I've always wondered: what keeps N different cryptocurrencies from being created? - which is essentially, an unlimited supply of them in the aggregate.
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Nothing prevents the creation of new cryptocurrencies, but only a few are backed by competent developers, mining infrastructure, and a community. Cryptocurrencies which lack any of these, are very vulnerable to bugs, attacks, and abandonment
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You can make your own language too. It's not going to be useful if you can't get people to use it.
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Exactly. Also it is not going to be very useful if a language is prone to misunderstanding, manipulation, slow communication, etc.
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Breaking: "I actually use bitcoin to buy stuff", says random citizen.
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I use it every day..
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Son of a Bitcoin
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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little makes me happier than watching the suffering of cryptocurrency users.
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Is it a Yo-Yo or a
#BeanieBabie ??? Auntie loves#Bartertown collectibles. (Appreciation Tax coming to a nation near you)Thanks. Twitter will use this to make your timeline better. UndoUndo
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Shitcoin always sounded like a bad idea to me. It was invented as a digital currency, but hardly any web stores accepted it. People decided it should be an investment, buy currency to exchange for local currency at a profit, and flip out when they broke the economy.
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Phase 1. Buy bitcoin. Phase 2.? Phase 3. Profit.
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