Bitcoin "Freefall"

Discussion in 'Crypto Assets' started by SunTrader, Dec 15, 2021.

  1. Overnight

    Overnight

    Dude, the days of self-sufficient cashiers are over. Not only can they not count change in their heads, a problem that has been going on for years and years, but they would not know the hell to do if power went out and needed to charge to a card. As mentioned above, embossing is practically gone so the CC swipe bars and carbon paper are not an option.

    Writing information down and entering it into a POS terminal when the power comes back up? BWHAHHAHA! In what century do you think we live in? The 20th? HAHH
     
    #61     Dec 17, 2021
  2. Exactly why I love the technology. Very cyber punk!
     
    #62     Dec 17, 2021
    Sprout likes this.
  3. Sprout

    Sprout

    Not sure why you are in an "either/or" frame between BTC and ES. As you have admitted, your specific strategy doesn't port. Do you understand that most BTC trading happens off-chain?

    Trading the ES is great. There are just some of us whom want to understand the future that is crystalizing into the present with these technologies. Having an in depth understanding of these exponential technologies that can scale reduces risk.


    Tbh, you sound a bit like floor traders before ECN's put them out of a job.
     
    #63     Dec 18, 2021
    johnarb likes this.
  4. albion

    albion

    A better analogy is that younger Crypto investors have not gone through a dot com type crash like older investors did. Lots of parallels between Cryptos and dot coms of the late 90s and early 2000s. I imagine there will be a crash at some point similar to the dot com crash in the Crypto space. Whether a Crypto company with some kind of usefulness arises like Google or Amazon only time will tell.
     
    #64     Dec 18, 2021
  5. Sprout

    Sprout

    Did you miss the great crypto crash of 2018?
     
    #65     Dec 18, 2021
    johnarb likes this.
  6. albion

    albion

    No.
     
    #66     Dec 18, 2021
  7. Sprout

    Sprout

    Why do you not interpret it as similar to the dot com crash?
     
    #67     Dec 18, 2021
    johnarb likes this.
  8. albion

    albion

    Because it wasn't a crash if you compare it to what happened during the dot com crash.
     
    #68     Dec 18, 2021
  9. Sprout

    Sprout

    #69     Dec 18, 2021
    johnarb likes this.
  10. SunTrader

    SunTrader

    Fack outta here. You're talking nonsense.

    Bitcoin retraced +80%. The Nasdaq retraced approx 75%.

    But I guess you were "right". Crypto crashed worse.
     
    #70     Dec 18, 2021
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