/r/Economics [spam filtered] Mt.Gox, an exchange that handles bitcoin transactions, halted trading to let the market “cool down” after a plunge in price. Bitcoin value collapsed by 46% in the past day, according to quotes on Mt. Gox’s website -- the company cited an increase in trade volume and not
"So as transfering the value of dollar into bitcoin, u are more like a robber sindicate than the government..the goverment makes jobs and create oppurunity for all while u idiots collapsed the system and cheat the working class"
The world's future medium of exchange, Bitcoin Cash, functioning as intended during a global pandemic and market collapse. Added bonus; it does not transfer germs or lose value to inflation like filthy fiat currency!
“There are people here who truly seem to want to see the world economy collapse, just to prove that their small bitcoin [core] holdings will be worth more than fiat. A perfect world would be where both can exist and have value.”
Bitcoin is the correct response to the imminent market collapse and will arise as the universal measure of value.
I know this community is going to hate and downvote this post to reddithell , however, Bitcoin is the correct response and investment choice now and should have been last time. I remember watching the last crisis unfold. I was a young realtor and business owner that wanted to buy a house and thought it was ridiculous how expensive real estate was. I held cash and saved, and waited, because I knew people simply couldn't afford what they were buying and everything was about to collapse. Since then the government scrambled to raise everything back up, and inflate it all again, back to where it was. And here we are again. Everything is overpriced and artificially inflated by governments. During that crisis an unknown dude got sick of the corruption and wrote down something profound on a piece of paper. Well, because he wasn't a government with tons of tanks and shit, it didn't get recognized that time. It was unknown and too small. However, slowly people are becoming aware of it and starting to see just how profound his idea was and is and will be, harder than gold, more powerful than any government or single person. This time, looking for safe havens in government controlled assets and currencies, like the dollar, treasuries and bonds, is not the answer because that was the bandaid on a zombie. Bitcoin is the answer. Bitcoin will be realized this time.
There is no crypto market. There is only a Bitcoin market. If Bitcoin goes down, all crypto collapses. Everything is pegged to Bitcoin because nothing other than Bitcoin has any value. So stop calling it a crypto market. Thanks.
Bitcoin mentioned around Reddit: Bitcoin mentioned around Reddit: Bitcoin is the correct response to the imminent market collapse and will arise as the universal measure of value. /r/investing /r/cryptoall
Bitcoin mining is a smart device that was created in conjunction with Blockchain to encourage the use of currency. That’s one of the main secrets of Bitcoin. Is Bitcoin going to collapse or lose its value? No, it is really the inverse. Over the years, Bitcoin is becoming scarcer, which makes the coin more valuable. The collapse in the market value of bitcoin and the other cyber currencies will generate substantial controversy — how could so many people have been so wrong about their value? Bitcoin could be here for 100 years but it's more likely to 'totally collapse,' Nobel laureate says Published Fri, Jan 19 2018 1:12 AM EST Updated Fri, Jan 19 2018 3:28 PM EST Arjun Kharpal Bitcoin investor and Keiser Report host Max Keiser increased his Bitcoin price prediction from $100k to $400k, explaining that the increase in value will coincide with the U.S. dollar collapse. Three recent events might explain the current collapse. The first is the SEC's announcement on Friday that the operators of two ICOs.
Alex Tapscott, Anthony Pompliano and Tone Vays explain the crypto market crash. Subscribe to Cointelegraph: https://goo.gl/JhmfdU Anthony Pompliano is a founder of Morgan Creek Digital Assets Alex ... Bitcoin price has been consolidating for months, but the current level may soon be lost completely if bulls can’t quickly reclaim $9,400. If the first-ever cryptocurrency can’t do so, the ... Outspoken Bitcoin investor and host of the Keiser Report, Max Keiser, explains that his $400K BTC price prediction will coincide with the U.S. dollar’s collapse. But let's look at a situation in which the bitcoin price crashes to zero, is this even possible? In this episode, we will have a look at three scenarios that can lead to the bitcoin collapse. Bitcoin's shocking volume problem laid bare in Bitwise report, Tim Draper promotes Bitcoin in Argentina, and the truth about censorship resistance. LINKS Win $100 in Bitcoin - spread crypto ...