LogFAQs > #950872013

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, Database 8 ( 02.18.2021-09-28-2021 ), DB9, DB10, DB11, DB12, Clear

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Topic	Bitcoin is literally free and easy money. Why are you not buying?
ShyOx 02/20/21 11:09:52 AM #60:	Squall28 posted... I don't think you understand the point of currency. How does going from $25k to $50k help its case as a currency? You want people to spend your currency. You want to expand places where it can be used. You want it accepted everywhere. People holding it or buying to hold it does nothing for it's value as a currency. Imagine if people did the same for the dollar. Hey I'm not going to buy a car yet because tomorrow I might be able to buy a Mercedes instead of a Toyota because the dollar fluctuated. Or you go through a drive-thru, give $5 for your meal, and the workers tell you "Sorry sir. The dollar dipped today. It's $7.50." Then you go the next day you go, the meal is $4. But hey, it sounds like you're an early "investor." Might as well make more money getting new people to buy into the Ponzi. Exactly. It dips, it rises and falls, but at this point you know its going to recoup value. You can also always change the price to equivalency of the USD, add a surcharge for crypto as a buffer, and then immediately sell once completing the transaction and are literally making a profit per transaction. Youre just going to get grayer and older at this point. Do you still remember what fun is, what dreams taste like? --- http://img836.imageshack.us/img836/6938/vyqp.jpg DIPLOMACY <cite>ShyOx posted [p:950872013] in Bitcoin is... [t:79305798]...</cite> <quote>Squall28 posted... </cite> <quote>I don't think you understand the point of currency. How does going from $25k to $50k help its case as a currency? You want people to spend your currency. You want to expand places where it can be used. You want it accepted everywhere. People holding it or buying to hold it does nothing for it's value as a currency. Imagine if people did the same for the dollar. Hey I'm not going to buy a car yet because tomorrow I might be able to buy a Mercedes instead of a Toyota because the dollar fluctuated. Or you go through a drive-thru, give $5 for your meal, and the workers tell you "Sorry sir. The dollar dipped today. It's $7.50." Then you go the next day you go, the meal is $4. But hey, it sounds like you're an early "investor." Might as well make more money getting new people to buy into the Ponzi.</quote> Exactly. It dips, it rises and falls, but at this point you know its going to recoup value. You can also always change the price to equivalency of the USD, add a surcharge for crypto as a buffer, and then immediately sell once completing the transaction and are literally making a profit per transaction. Youre just going to get grayer and older at this point. Do you still remember what fun is, what dreams taste like? --- http://img836.imageshack.us/img836/6938/vyqp.jpg DIPLOMACY</quote> ... Copied to Clipboard!
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