An analogy for Coinbase from the 90s

Discussion in 'Crypto Assets' started by Pekelo, Apr 30, 2022.

  1. Pekelo

    Pekelo

    I know. No, at this point most cryptos are for speculation. You can't make a quickly deflating currency a good one. (you know, the original purpose) It encourages hoarding just like with BTC. Why would you spend it today if tomorrow it will be even more valuable? It also means if you paid with it today, compared to tomorrow's price, you overpaid.
     
    #21     Apr 30, 2022
  2. Pekelo

    Pekelo

    It is because the analogy didn't work. But where is Mt.Gox?
     
    #22     Apr 30, 2022
  3. savoir

    savoir

     
    #23     Apr 30, 2022
  4. hilmy83

    hilmy83

    actually i made a post about why btc would not be a currency cause of exactly of what you said It'd be more like gold than anything.

    But honestly i don't put too much emphasis on crypto, it's 10% of my portfolio. it's legit enough to invest in. i actually decided to follow a wsb recommendation to just put it in the top 10 cryptos (except the stable coins) and forget about it.
     
    #24     Apr 30, 2022
  5. How about comparing BTC to Tulips?

    btc.png
     
    #25     Apr 30, 2022
  6. The seeds of destruction?
     
    #26     Apr 30, 2022
  7. “Analysis”
     
    #27     Apr 30, 2022
  8. And digital images of beanie babies which entitle you to some rights in the code referencing the digital image of the beanie babies.

    "The Line Goes Up"



     
    #28     Apr 30, 2022
  9. deaddog

    deaddog

    If there is no real value , you eventually run out of greater fools.
     
    #29     May 1, 2022
  10. I mocked COIN day one and every day since .

    MSTR another scam run by a lunatic
     
    #30     May 1, 2022