No one gives a crap about crypto any more

No one gives a crap about crypto any more.

Bitcoin will continue to slowly go up as a macro asset

Imagine being this close to getting it and then faceplanting at the last second. Bitcoin is crypto. If no one cares about crypto (which they don't, you're right), then bitcoin will absolutely also keep bleeding until the end of time. Its essence and fate is identical to that of alts. "Macro asset" my ass.

election year fud itt pic rel fags

Crypto entered mainstream consciousness 10 years ago, but there is still no widespread adoption for regular day use, the only thing normies use crypto for is investing, it has no widespread adoption and is being viewed largely as scams.

I'm convinced crypto is the new "this is the year of the Linux desktop" meme when it comes to adoption

your graph is the most retarded one I've seen this whole week. Not only the scale is wrong, but also, you don't understand how currencies work. Here is you:

hurr people exploit unstable currency to make money durr

No shit, Sherlock. Look at the volatility and the ever present natural tendency of going down at all times somebody is not pumping it up to make money off imbeciles. Shit has never been stable.
In fact, every time I start hearing about bitcoin doing anything, the first thing I'm thinking, it's the trading bots, that try to get more people into the system, otherwise it'll fucking plummet. (again).
TL;DR: Nice self own, retarded faggot.

Lol, not true.

1995. The internet entered mainstream consciousness 10 years ago with AOL but there is still no widespread adoption for regular day use

No one is this dumb. This is the most obvious bear trying to save his shorts that close around 70k. kek

Yes buddy, I'm sure by 2029 bitcoin will be worth literally infinity like your chart says

Difference is, you fucking retard, the internet went mainstream during the first 10 years pretty much. It was adopted very widely very quickly, just not in your fucking shithole, you 4th world turd.

muh 2005

by 2005 people in business were running around with smartphones to access the internet and their mail during the trip.
1995 is not even the beginning of the internet btw. Ah, the braindead trash.

Post hands. This is s-curve adaptation for technology. Bitcoin is the most sophisticated currency ever created and will be the future of finance. You'll use it and not even know it. Yes. Only 21M. Law of supply and demand, etc. If BTC took over a fraction of the global system for bonds or stock or currency, which it will, we are looking at a MC of around 800T.

two more weeks

So if you think bitcoin will follow an S-curve then why did you just post a graph extrapolating it to the LITERAL OPPOSITE of an S-curve, you fucking dumbass?

See you in five years where your yacht club won’t be so exclusive anymore.

all of the technologies in your graph have or had some utility. it brought value to the existence of an ape. what the fuck is your bitcoin bringing? volatility and financial ruin for imbeciles, who think, that they'll find success in a volatile currency, that is not backed up, nor supported by anything other than interest of apes? yeah, right. Esp. since they have less than zero knowledge about the economy.

hurr I'll make money in a quick pyramid scheme the richest are planning to make money off durr

with expected results. obviously. And don't get me wrong, the volatility, the fake interest, the vulnerability of bitcoin and all of the cryptocurrency to the oldest currency trading tricks in the books, not only hurt them, but might have actually destroyed the blockchain for a long time, if not forever. It sure as fuck had destroyed the shreds of non existent credibility and stability it might have ever had among the unwashed masses.

not your keys

not your coins

Literally not yours... at all

did you know we've managed to interface with alien tech since acquiring the contol until belonging to one of these little people?

backed by digital money printing from the federal reserve

used for speculation as a pyramid scheme

can freeze your account then delete your funds

These are a few major reasons why crypto is dying. Tulips unironically had more use case than bitcoin because at least you could give the flowers to someone to enjoy. I would hate to be paid in crypto; paychecks arrive, value drops in half, then goes up after you've bought groceries. Crypto is peddled by jews that are desperate to keep the public poor by having them "own*" numbers on a screen.

own

Crypto does not belong to you after you purchase it. There is zero legal precedent; the owner is the ledger administrator.
Hard forks provide 21 million more bitcoins each time, most holders are pushed into the worthless token class.
All crypto is jewry that eventually locks you out.

I thought logistic fuctions were just an example of S-curve? no? What are your thoughts on adaptation?

If you don't believe me or don't get it, I don't have time to try to convince you, sorry. -Satoshi.

I don't think these are good faith arguments. The only counterfeit proof currency is not a utility? Hell, just separating state and money creation is a monumental utility. Permissionless, decentralised, and secure? Nope? Hedge against inflation? nope? I really don't understand your argument, what is better?

everything will kike downward for a while until market realizes crypto is unironically the only unkikeable holdings

holy based, this is the truest chart so far

I thought logistic fuctions were just an example of S-curve? no? What are your thoughts on adaptation?

It's in my image. Logistic functions are functions such as tanh. In the latter stage, once their growth have slowed, the growth just keeps slowing and slowing until it approaches a final value.

So, if bitcoin were to follow an S curve, given that it has already started to slow down according to your own chart, it would mean that it is already near the end of its curve and won't grow much more.

Your chart, arctanh, is NOT a logistic function, it is a function that keeps growing and growing faster and faster until it shortly reaches literal infinity. In other words it behaves precisely the opposite of a logistic function, as said. Obviously objectively impossible for any asset to follow that curve, let alone bitcoin.

unkikable

It's literally all kikes behind crypto.

Stay poor retard oldfag MBM will surely a big shot

Don't miss this nigger if you want to be a millionaire

>CL14nkAktse41fJ3kXfVt82io1VfGTyLM7W4W7p15h95

it is already near the end of its curve and won't grow much more.

sure nigger, im sure the demand for bitcoins is saturated by its supply. i think we also only need 21 million mobile phones globally.

no, your picrel is long-noses scamming people with crypto. nothing new there. what i mean is that the kikes cant access your holdings, like the kike comitte aka bank can just take anything from your account

I don't think these are good faith arguments.

They're facts. Reality. The past has seen plenty of examples. The good itself, bitcoin in this case, itself is NOT the problem. Problem is what people do with it. Every fucking time a huge number of illiterate imbeciles enter different bubbles, schemes, pyramids, so on, in a hope to make a lot of money out of thin air. Every time they're fucked in the ass.

The only counterfeit proof currency is not a utility?

Sex is a good on a market. Sex itself is a currency in this world. Anything in this universe that YOU are able to exchange for something you need or want, is a market good. Any currency, regardless of the form, regardless of a physical shape, if there is one, etc, is a market good. Simple as. This is the very basis of ANY kind of any fucking economy at any fucking scale, yet, the majority of the crypto peddlers (currently, in the past retards peddled something else) do not know this. They just want to get rich quick and do nothing. Not how the economy werks. Every time you make extra money off crypto, somebody else has lost this money somewhere. Simple as. Add to that, the crypto itself is not free from fees, the infrastructure constantly costs money.

Hell, just separating state and money creation is a monumental utility.

why? no, let me rephrase. At a macro scale it has been the case forever. Forever will be. A secretary might trade her body in for an extra free vacation day(s) at her boss. Gov not involved.

Permissionless, decentralised, and secure?

nobody cares. I'd rather trust the violence monopolist, i.e. government, to back up my 20 bucks in cash for today, than I'd trust a crypto trading platform with it.

muh inflation

inflation is inevitable and it is a good thing. controlled inflation that is. What we have IRL today is a fucking disgrace, obv. But, bloody hell, you retards know nothing of finance/economy.

I don't understand, what is better?

better for what? utility?

Brokers are obligated to borrow crypto from cold wallets, the counterfeit argument is nullified when the digital bits are freely borrowed and used as collateral to acquire loans to buy more crypto to use as more collateral for more loans. Ponzi schemes rely on tricking someone theres value in an object and that the value is going up. All crypto is pumped and dumped by the jew federal reserve DIGITALLY printing currency. Producing enough cash for the modern debt obliagations would take holocaust hoax levels of printing, hence the digital jewry. Crypto is digital fiat and cash is unironically becoming scarce.

holy shit, post nose

this is the only relevant post

I can't provide facts and have no argument, so I'll call everybody a jew

Does it work in your kindergarten? Take a fucking basic economy for imbeciles class.

Cope. Backdoors exist

Honestly i'm hoping crypto becomes a desperation type of thing - as the economy collapses and there are few opportunities they see crypto as the only (albeit risky) chance they have to make money

Oh wait i just described most of Anon Babble

nah bro all of biz is full of millionaires who are in 7 figure hell don't you know? People get laughed at when they say $500k is life changing money because everyone here is so rich

in all seriousness we should see at least more "normies" get desperate and buy into crypto raising the volume/mcap r-right?

I'm so tired of people believing most of crypto isn't literal greater fool theory.
Just bring more fools so i can cash out!

you're coping hard.

when they say $500k is life changing money

depends on where and how its being used. 500k won't change your life, if you're stranded with penguins in Antarctica for the short rest of your days. It might be great in some turbo shithole of the world, unless people with guns will come along and free you from life and your 500k in cash. If one just uses 500k to live, depending on the levels of retardation, it might not even last one a single year.
The only way 500k are life changing money, is when a person knows exactly what to do with it to change the life for good. Here is the problem tho: people don't change. Most of them are also quite stupid and/or financially illiterate. Just take a look at this thread. The only way is to make 500k make your more money, at a slower pace, all while not quitting any other money making activities right off the bat.

Thoughtful response. But I feel this type of tautological reasoning is what I heard from traditional finance professionals when eth was $5 and BTC was $20. You can't just obfuscate utility you don't find valuable or doesn't align with the current, shitty system.

People are the problem

Then a transparent decentralized system is best.

pussy is counterfeit resistant

Tranny jannies disagree. kek. But, otherwise, good points on this one. But fees (and utility) are better than current options like CC and wire transfer or ACH.

separation of money and state not like church and state

Trusting government with money is how we got Hyperinflation in Zimbabwe and now Turkey. Maybe US citizens are somewhat insulated, but even then, the value of the $ compared to that of BTC remains self evident.

trust

Not your keys not your coin

inflation

So doge then? Perfect inflation! Inflation is good, agreed, but even satoshi said a dynamic and elastic supply would be better.

Utility

Yeah. Money and store of value basically. Just thinking about transportation and storage is a huge difference. moving 100M of BTC vs gold.
Based explanation, thanks. Although it's a little dogmatic. Tech growth is chaotic system and will likely resemble something in-between these two extremes with significant points of political, psychological, and technological resistance levels. Kinda resembling the washing machine and electricity growth cycle.

You guys seem very technical. And I appreciate your input. My thought are more theoretical. If you really want to understand my pov, i would recommend reading "When Old Technologies Were New: Thinking About Electric Communication in the Late Nineteenth Century"
People are always over critical of the negatives of tech. For example, everyone was so scared of the telephones ability to disrupt the nuclear family, but the invention actually facilitated the opposite, the phone allowed closer family connections over larger distances.

what I heard from traditional finance professionals

The underlying basis of exchange, from which an economy emerges doesn't change in reality. Perhaps this is why.

You can't just obfuscate utility you don't find valuable

Yes. But no. Something with no value and/or utility to me might as well be completely worthless. Factually is. Like trading cards for example. There is a whole market of those with all kinds of bullshit, but it's a piece of cardboard to me.
Bitcoin is not a universal exchange good and, seems to me, it'll never be one. There is a whole giant ass list of reasons as to why.

Then a transparent decentralized system is best

But the shitty global economy is still decentralized. Every country has their own gay paper with dead people or old stones on it. As a private individual, you can't buy shit for U.S. dollars outside of the U.S. You have to use the exchange first.

But fees (and utility) are better than current options like CC and wire transfer or ACH.

all fees are bad. whether we'll ever get rid of them, time will tell.

Trusting government with money is how we got Hyperinflation

the current world economic system is retarded, falling apart, and might die soon. It has little to do with BTC, as well as it doesn't directly increase the chances of BTC becoming a universal global currency. Not even the system itself is utterly retarded, as much as overly greedy fucks, who plan like retarded shit (they're human after all), exploit 24/7, and have made their fantasies the basis of the system.

the value of the $ compared to that of BTC remains self evident

The value of BTC is not backed up by anything, except for the human interest in it, seems to me. Which is a huge problem. At least in the cause of the U.S. dollar, which could crash and burn tomorrow (chances are slim, but still), its backed up by the remains of the U.S. economy directly. If dollar dies tomorrow, there will be the new currency a day after, more or less stable too. 1/2

buy when no1 gives a crap

Because even the inner market of the u.s. has to function. people must be able to buy bread and water a week, and a month, etc, from now. or from dollar crash.

Not your keys not your coin

which is the case with all of the crypto outside of your personal wallet.

So doge then? Perfect inflation! Inflation is good, agreed, but even satoshi said a dynamic and elastic supply would be better.

Planned economy doesn't work either. One must keep an eye on supply, but one can't be sure about the supply and demand fucking 2 years from now, let alone 50 or a 100. Just fucking impossible. The current economy btw, fiat let's say, shows it clearly, because it is exactly the mistake the ancient boomers and some gen x made and keep fucking making. The economy won't grow forever, esp. not at the same pace, esp. not evenly, esp. not according to the calculations or predictions of some greedy asshole. like somebody, who thought, that the population will keep growing exponentially forever. Which is one of the roots of all of the current economic problems in this world. But no asshole even remotely responsible for it will ever admit it.

Just thinking about transportation and storage is a huge difference.

not much different from online banking tho. The only argument bitcoin might have is

bad gov wants to freeze all of your digital liquid assets

which is like, fine. Unlikely, but might happen. In which case I have assets in real world too. I'd even argue, common online banking is much easier and more comfortable for your average normie than the whole blockchain bullshit. 2/2.

the meaning of that phrase is that if you own your keys, meaning you own your own wallet (not on a CEX), then you also own your coins
they are not separated sentences, you read it as "not your keys? not your coins then"
also, there's no such thing as a backdoor in open source code

These are a few major reasons why crypto is dying

can freeze your account then delete your funds

so let me get thir straight, ((they)) want to control all the transactions (so they can freeze, delete, use the backdoors) but at the same time they are letting crypto die? when less than 0.5% of the people are using crypto? sounds incredible stupid lol
i tought they were powerful?