/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
The cryptocurrency briefly fell below $3,300 (£2,600) on Friday – taking it to its lowest value since August 2017 – but returned above $3,500 over the weekend. Less than a year ago, 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. We can compare it to gold or some gems, for example, because it is rare in nature, its value increases every day due to scarcity. The less there is of something, the more valuable it is, and when the last Bitcoin is mined, the value of ... The value of ethereum has been on the rise since last year and currently trades for around $860. Meanwhile, bitcoin has been on the decline since December 2017 since its peak of $19,000. Bitcoin is now on the brink of collapse, with experts warning that by the end of 2017 the digital currency will become virtually worthless. According to ‘Health Ranger’ Mike Adams, signs of a coming “Bitcoin civil war” are all around us – with the value of the crypto currency having already plunged from $3,000 to $1,800 in the space of a few months. Natural News reports: From July ... Bitcoin Loses $900 Amid Crypto Markets Collapse (Price Watch) Author: Jordan Lyanchev Last Updated Aug 19, 2020 @ 06 ... With most altcoins losing significant chunks of value, Bitcoin has regained some ground in terms of its dominance to 60% after dumping to 58.2% a few days ago. SPECIAL OFFER (Sponsored) Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 ...
Bitcoin Price Collapse! 🔴 Global Protests Reveal ...
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 ... Bitcoin's price has taken a big dip, theories abound about why the market is acting like this, Portugal makes a big announcement, gold forgeries causing trouble, and Swiss banks go all in on ... HORRIFIC BITCOIN DUMP CONTINUES! BITCOIN PRICE RALLIED UP TO $8200 AND DUMPED AGAIN! BITCOIN PRICE PREDICTION! Today Bitcoin BTC dumped AGAIN! Bitcoin closed the CME Gap at 7650 and 7700 ... What would we use for money in the United States following a currency collapse? If the US Dollar became a devalued hyperinflationary piece of paper, what wou... Can Bitcoin survive a black swan event in the global economy? Is it truly non-correlated or is a price collapse coming? 💰 GET 20% OF TRADING FEES BACK ON BIN...