11Mon
Instead of a ball of wool, you can also use a snowball. In other words, a snowball system that will eventually collapse if no new users are generated.
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11Mon
@Beeftek Why should Bitcoin collapse if no new users are added?
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11Mon
@stefan_21 because if you only buy tulip bulbs because you are speculating that it will be worth more soon, it will collapse. Or you speculate that Bitcoin is a hedge like gold, but I doubt that most people buy Bitcoin to achieve price stability.
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11Mon
@Beeftek Okay, so what does Bitcoin have to do with it?
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11Mon
@Beeftek People buy Bitcoin because of its properties. Please also read my article "BTC - The perfect store of value" :)
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11Mon
@stefan_21 but most people don't buy Bitcoin to store it in order to protect themselves against inflation. But to become a millionaire quickly and achieve high returns, I think that's contradictory.
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@Beeftek The fast-ball system, the tulip crisis - the comparisons are no longer merely misleading, they have long since collapsed. Anyone who still believes that Bitcoin is just a passing phenomenon probably also thought in 1999 that the Internet would not catch on.
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•11Mon
@Beeftek The "get rich quick" train left the station a long time ago. To become a millionaire with an investment of just a few thousand euros, you need to bring a little more time with you.
This is more the case with all the crypto nonsense like memecoins.
This is more the case with all the crypto nonsense like memecoins.
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•11Mon
@stefan_21 I have a rather different impression, look at all the posts. Most of them are about getting rich quick with Bitcoin. Bullshit. Bitcoin is there to protect against inflation. That's why it's overvalued.
If most people realize that you can't make great returns with it, which is the point of Bitcoin, then what? Look at your contribution.
If most people realize that you can't make great returns with it, which is the point of Bitcoin, then what? Look at your contribution.
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11Mon
@Beeftek But in essence, that's exactly what it is. Of course, there are plenty of people who think they can get rich quickly. But these are also the people who will sell at the next small setback.
I can only recommend that you take a neutral look at Bitcoin. There is more to it than you might initially think. After all, I was also a critic for years and argued in a similar way to you😂 I also always thought that it was a Ponzi scheme ist🤷♂️
I can only recommend that you take a neutral look at Bitcoin. There is more to it than you might initially think. After all, I was also a critic for years and argued in a similar way to you😂 I also always thought that it was a Ponzi scheme ist🤷♂️
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11Mon
@stefan_21 Yes, but most people don't even know what Bitcoin is for. To hedge against inflation.
But inflation is not 10% per year or 50% per year.
Bitcoin (digital gold) will grow like gold. What is the return on gold? 0% after inflation.
But inflation is not 10% per year or 50% per year.
Bitcoin (digital gold) will grow like gold. What is the return on gold? 0% after inflation.
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