Smart people said a lot of dumb things during the dot-com and real estate bubbles, but nothing as dumb as what they’re saying now to rationalize the Bitcoin bubble.

There is a huge difference between a store of value like gold and a highly speculative digital token like Bitcoin, which has no real value to store. Yes, the price of Bitcoin went way up, but prior speculative gains don't qualify Bitcoin as a store of value for current buyers.

>>60750811 (OP)
I loved seeing the boomer US politicians trying to talk about crypto without spilling it's just their latest vehicle of scamming the tax payer for their personal enrichment.

>>60750812
> million cyber bees stinging the goddess of wisdom
Not buying gold BTW.

>>60750812
Lmao poor stacktards always crying about bitcoin millionaires

>>60750903
Yes, you bought their bags.

>>60750811 (OP)
How many bubbles last 15 years?

>>60750811 (OP)
when it's over they'll say they can't believe they bought digital nothing for over $100,000

>>60751094
There hasn't been a real stock market crash since Bitcoin came around, it's been riding the wave with stocks, pretty much tied to their performance. What happens when stocks crash 80%+ and stay there for 15 years? Bitcoin will drop 99% is what.

>>60750811 (OP)

I love bitcoin, but I think the bubble will pop eventually. When will that be? Who knows.

>>60750811 (OP)
Are those chainlink cubes? Does it dispense a turd if you get all cubes?

>>60751273
It's not a bubble though. It can't go to zero.
Is it digital nothing? Yes. But it's so well known that it will always have a demand.

>>60750811 (OP)
Methamphetamines

There's not going to be a fucking pop. It's going to inflate forever. Enriching the rich and destroying everyone else. Does a fucking parasite ever say to itself "I'm being too greedy, the host will die." NO.

>>60751272
so whats your point? if you dont play the stocks/bitcoin ponzi you are guaranteed to be poor forever. the more risk you take now the sooner you can derisk and put profits into more reliable things like arable land, guns, and PM's. also note that these things will provide zero value if you don't also build up a real life community that will defend eachother to the death and have ample munitions.

what you're describing is a mad max scenario since government gibs will disappear

>>60750811 (OP)
the real problem starts when it becomes unprofitable to mine.

>>60751272
>What happens when stocks crash 80%+
Capitalism ends, bitcoin losing value is the least of your worries.

>>60750812
its not even a bubble at the current price. Maybe at 10mil per btc it could be a bubble

>>60750811 (OP)
>5 whole rows
man, this is some supreme one arm banditry.